[XC][XCurrency] Decentralised Trustless Privacy Platform / Encrypted XChat / Pos

[G-Bert]

I ve been looking around a little in some other sub forums for other coins and the thing is, everyone is so confident in their own coins! I mean, we all know the reasons were so confident in XC, it seems so blatantly clear, but, like two of you have just said, you were dead cert on other coins and it went tits up.

No one else has had such an open dev team is that correct? The fact Dans linkedin was posted was the single reason I got into XC in the first place, and we've come a long way since then with the new team members, site, wallet, etc etc

I guess simply patience is key. if it gets below the 14's im gonna bust out another BTC. f**k it. lol

[demgains]

I love these cheap coins, bought another 1.5 BTC worth at 155k. Thanks fishies

I honestly never thought it would get this low again. happy i could buy more whiles its still cheap

Is that your buy wall at 155?  I've been trying to sneak my little buys just above that.  Picked up almost 400 myself in the last day or so.

partially, but I'm in no way a whale 

[merk475]

i got 2btc in cold store and the temptation to spend them on XC is getting overwhelming but ... argh... its money i cant afford to lose (and your not even supposed to have that in bitcoin lol) so think im gonna have to let you lucky lot get them

I hear ya man, I'm in the same boat. Considering dumping some BTC savings from cold storage...it's too tempting!

I've spent all my freed up BTC, so I have no more funds to buy XC.  I've been thinking about decreasing some other positions to pick up more, but I still need to think about it.  If XC drops below 140, that may just be the incentive I need......  

[conradjohnson]

In response to the attack that was carried out today on navajocoin.


While I am still reviewing the limited amount of information, based on my review of both the code and the available data, the attack was successful partly due to the 30 second block time.  

XC use's a 90 second block time.

I am reviewing the additional variables & Proof of Stake code involved in this attacked for any potential issues



2nd


The current REV2 test-release will be updated, additional data collected and then the final rev2 will be released


Dan

Thanks Dan! 

[demgains]

If it means anything, I think there is a large consensus in our community that feel XC is almost as safe and risk free as BTC investments. But then again, do what you gotta do... In the end we'll all be laughing

I know, recently I have felt that XC is as safe as BTC, just... you never know for sure. its all a big gamble either way really.

I Will be happy when this PoS issue is sorted.  I was talking to a fella last week about CLOAK who said their dev had found an issue with PoS and they have fixed it. (or were in the process of)

If theres an issue Im confident Dan can fix it.  

Cloak is XC's only competition in the long run I think. Alt coins need competition though to drive the devs to expand the offerings of their respective coins.

I'm still a firm believer in XC however, Cloak seems to centered towards the crypto world while XC is striving to expand towards the entirety of population

[_evolution_]

Just my 2 cents: hold your XC coins if you don't mind owning toys like Rolls-Royce Phantom. The adequate price is at least 0.2 btc, however we should be patient, Dan does not have 100 pairs of hands. The price fluctuations don't mean anything in short terms, the project needs to mature, like any other serious software project.

If you are going to pull numbers out of your ass, justify your reasoning.

This is crypto....everyone pulls numbers out of their asses.

Especially this gentleman @oblox, he seems to have huge experience with asses and pulling.

[oblox]

Just my 2 cents: hold your XC coins if you don't mind owning toys like Rolls-Royce Phantom. The adequate price is at least 0.2 btc, however we should be patient, Dan does not have 100 pairs of hands. The price fluctuations don't mean anything in short terms, the project needs to mature, like any other serious software project.

If you are going to pull numbers out of your ass, justify your reasoning.

This is crypto....everyone pulls numbers out of their asses.

Especially this gentleman @oblox, he seems to have huge experience with asses and pulling.

Ah yes, resorting to childish behavior, how classy.

[G-Bert]

If it means anything, I think there is a large consensus in our community that feel XC is almost as safe and risk free as BTC investments. But then again, do what you gotta do... In the end we'll all be laughing

I know, recently I have felt that XC is as safe as BTC, just... you never know for sure. its all a big gamble either way really.

I Will be happy when this PoS issue is sorted.  I was talking to a fella last week about CLOAK who said their dev had found an issue with PoS and they have fixed it. (or were in the process of)

If theres an issue Im confident Dan can fix it.  

Cloak is XC's only competition in the long run I think. Alt coins need competition though to drive the devs to expand the offerings of their respective coins.

I'm still a firm believer in XC however, Cloak seems to centered towards the crypto world while XC is striving to expand towards the entirety of population

1) why is Cloak competition? in my very limited knowledge, they use ring signatures which i thought was a blockchain bloat problem? (could be wrong here)

2) I agree 100% - I dont know any other coins that have the future plans of XC. main thing for the general population is a VERY simple GUI wallet, a way to buy XC in wallet, anon messaging as simple as whatssap. when we got that, We got the silkroad etc market too I'd expect. Is the darknet aware of XC yet???

[JakeThePanda]

I ve been looking around a little in some other sub forums for other coins and the thing is, everyone is so confident in their own coins! I mean, we all know the reasons were so confident in XC, it seems so blatantly clear, but, like two of you have just said, you were dead cert on other coins and it went tits up.

No one else has had such an open dev team is that correct? The fact Dans linkedin was posted was the single reason I got into XC in the first place, and we've come a long way since then with the new team members, site, wallet, etc etc

I guess simply patience is key. if it gets below the 14's im gonna bust out another BTC. f**k it. lol

In all fairness to me, the other coin I mentioned was Namecoin and it's still #8 on the coin market cap list.  It's not dead yet.
The one thing my 3 main holdings have in common is an open and transparent development team.  I don't think any coin will go mainstream without this and I believe it 100%.  Before anyone mentions Satoshi, BTC has a huge team of developers that are publicly identified.  Some of them even worked with Satoshi, so as far as I'm concerned BTC already has a transparent team and foundation.

To the person that says CLOAK is a competitor, you need to ask yourself a couple of questions and step outside of your current opinion to answer it.  Do you see the public accepting a coin named "CLOAK", developed by an unknown person?  This is a very simple yet important question.  The answer seems obvious to me.

[G-Bert]

Just my 2 cents: hold your XC coins if you don't mind owning toys like Rolls-Royce Phantom. The adequate price is at least 0.2 btc, however we should be patient, Dan does not have 100 pairs of hands. The price fluctuations don't mean anything in short terms, the project needs to mature, like any other serious software project.

If you are going to pull numbers out of your ass, justify your reasoning.

This is crypto....everyone pulls numbers out of their asses.

Especially this gentleman @oblox, he seems to have huge experience with asses and pulling.

Ah yes, resorting to childish behavior, how assy.

  (im messing, lets keep things light hearted ay)

[_evolution_]

Just my 2 cents:

You aren't a true XC believer yet, obviously.

Just my 2 XCs

obviously the rich list rank is on another opinion

[JakeThePanda]

Just my 2 cents:

You aren't a true XC believer yet, obviously.

Just my 2 XCs

obviously the rich list rank is on another opinion

Where you rank on the rich list isn't a complete measure of your conviction.  How much XC do you own relative to your net worth would be a better measure.

[G-Bert]

I ve been looking around a little in some other sub forums for other coins and the thing is, everyone is so confident in their own coins! I mean, we all know the reasons were so confident in XC, it seems so blatantly clear, but, like two of you have just said, you were dead cert on other coins and it went tits up.

No one else has had such an open dev team is that correct? The fact Dans linkedin was posted was the single reason I got into XC in the first place, and we've come a long way since then with the new team members, site, wallet, etc etc

I guess simply patience is key. if it gets below the 14's im gonna bust out another BTC. f**k it. lol

In all fairness to me, the other coin I mentioned was Namecoin and it's still #8 on the coin market cap list.  It's not dead yet.
The one thing my 3 main holdings have in common is an open and transparent development team.  I don't think any coin will go mainstream without this and I believe it 100%.  Before anyone mentions Satoshi, BTC has a huge team of developers that are publicly identified.  Some of them even worked with Satoshi, so as far as I'm concerned BTC already has a transparent team and foundation.

To the person that says CLOAK is a competitor, you need to ask yourself a couple of questions and step outside of your current opinion to answer it.  Do you see the public accepting a coin named "CLOAK", developed by an unknown person?  This is a very simple yet important question.  The answer seems obvious to me.

Good points all round.

[merk475]

I ve been looking around a little in some other sub forums for other coins and the thing is, everyone is so confident in their own coins! I mean, we all know the reasons were so confident in XC, it seems so blatantly clear, but, like two of you have just said, you were dead cert on other coins and it went tits up.

No one else has had such an open dev team is that correct? The fact Dans linkedin was posted was the single reason I got into XC in the first place, and we've come a long way since then with the new team members, site, wallet, etc etc

I guess simply patience is key. if it gets below the 14's im gonna bust out another BTC. f**k it. lol

I think the problems with the coin I mentioned is that it is a POW with a 84 million coin count (Currently 6 million have been mined).  It has been one of the most profitable coins to mine, so it's a dumpers paradise.  Supply currently out-paces the demand, and they still have another 78 million to mine!  Even though they are very inovative, it's not enough to keep up.  No thanks!

XC, now in the POS phase will never experience mining dumps so that obviously is a huge plus.  Little to no energy is involved to make this coin work.  POS with a very nice 3.33% rate (not too little like BC, and not something outrageous that outpaces the inflation rate).  A solid dev team that have made themselves known.  In this day and age of endless shit-coins and scammer devs, this is a HUGE selling point for me.  I'd like to know the team I support.  I believe this will be the way of the future, and will really be the only way you can fully trust a coin.  Just a lot of good things!

[dragnar]

I ve been looking around a little in some other sub forums for other coins and the thing is, everyone is so confident in their own coins! I mean, we all know the reasons were so confident in XC, it seems so blatantly clear, but, like two of you have just said, you were dead cert on other coins and it went tits up.

No one else has had such an open dev team is that correct? The fact Dans linkedin was posted was the single reason I got into XC in the first place, and we've come a long way since then with the new team members, site, wallet, etc etc

I guess simply patience is key. if it gets below the 14's im gonna bust out another BTC. f**k it. lol

I think the problems with the coin I mentioned is that it is a POW with a 84 million coin count (Currently 6 million have been mined).  It has been one of the most profitable coins to mine, so it's a dumpers paradise.  Supply currently out-paces the demand, and they still have another 78 million to mine!  Even though they are very inovative, it's not enough to keep up.  No thanks!

XC, now in the POS phase will never experience mining dumps so that obviously is a huge plus.  Little to no energy is involved to make this coin work.  POS with a very nice 3.33% rate (not too little like BC, and not something outrageous that outpaces the inflation rate).  A solid dev team that have made themselves known.  In this day and age of endless shit-coins and scammer devs, this is a HUGE selling point for me.  I'd like to know the team I support.  I believe this will be the way of the future, and will really be the only way you can fully trust a coin.  Just a lot of good things!

this coin cant be mined any more only staked

how do u get to a 78 million total thats just WTF (

[the_game1224]

I ve been looking around a little in some other sub forums for other coins and the thing is, everyone is so confident in their own coins! I mean, we all know the reasons were so confident in XC, it seems so blatantly clear, but, like two of you have just said, you were dead cert on other coins and it went tits up.

No one else has had such an open dev team is that correct? The fact Dans linkedin was posted was the single reason I got into XC in the first place, and we've come a long way since then with the new team members, site, wallet, etc etc

I guess simply patience is key. if it gets below the 14's im gonna bust out another BTC. f**k it. lol

If you own a coin that you are just waiting for the pump to sell what value do you get out of posting anything in the thread that was would not inspire confidence?  There in lies the answer to why everyone seems so confident in many of the coins they post about.  With XC I would have no problem asking the tough questions if I had any because they would be meant to make the coin stronger.
Heck even a week ago when I was still wasting time in pump and dumps to increase my xc holdings you wouldn't see me posting the questions going through my head in those threads because they would have caused much doubt.

Hope that makes sense

[Teka]

I understand that people are worried about POS security but so far not a single dev has come outand said the exact issue. Im sure that of there is an issue Dan will fix it in an instance. Last time we had an issue with POS blocks taking long in the early days, the POS code was optimized within 24 hours.

[merk475]

this coin cant be mined any more only staked

how do u get to a 78 million total thats just WTF (

I was talking about the other coin I mentioned (VTC), which you can still mine and they have 78 million coins left before they reach their cap.  Currently only 6.1 million coins have been mined.

[oblox]

this coin cant be mined any more only staked

how do u get to a 78 million total thats just WTF (

He's talking about VTC...

[merk475]

In all fairness to me, the other coin I mentioned was Namecoin and it's still #8 on the coin market cap list.  It's not dead yet.
The one thing my 3 main holdings have in common is an open and transparent development team.  I don't think any coin will go mainstream without this and I believe it 100%.  Before anyone mentions Satoshi, BTC has a huge team of developers that are publicly identified.  Some of them even worked with Satoshi, so as far as I'm concerned BTC already has a transparent team and foundation.

To the person that says CLOAK is a competitor, you need to ask yourself a couple of questions and step outside of your current opinion to answer it.  Do you see the public accepting a coin named "CLOAK", developed by an unknown person?  This is a very simple yet important question.  The answer seems obvious to me.

+1.  Exactly how I feel.  As you posted this I was writing something very similar below you.  Same reasons though.