G-Bert
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July 21, 2014, 04:36:56 PM |
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Anyone have thoughts why all the dumping today? Very odd as there seems to be nothing but good news coming out.
Yeah, same thing is on my mind. Good news comes out .... and a 10k dump comes. Everything I learned about crypto seems to work opposite with XC. Am still in, sold nothing and will keep holding my precious . . . . You're right that things seem to work in the opposite way for XC lately. If were to guess why, I'd say that competitors know we're for real. They really don't want to be surpassed. So they dump coins mined early on to keep XC appearing as if nothing big is happening. But it is, and they've got it coming. Of course this is pure speculation, but hey. It's a lame and short-lived tactic to keep dumping coins at cheap prices. Before long the news will be too good and even their dumping will make no difference. And before long they'll run out of cash and we'll be free of them henceforth. I was thinking the same thing Arlyn. It seems to be the only explanation. The crypto war seems to be quite evident and XC is a huge contender and force to be reckoned with. Holding strong as good times are coming folks. Yeah. I don't have a better explanation, that's for sure. Why else would someone dump on good news? So basically I'm just interpreting this dumping as perverse good news. It's a sign that we're a serious threat. Note to self: next time someone dumps on news, smile and wait patiently for the fundamentals to express themselves ;-) To be a little more strategic, we can just buy these dumps up. Put in support for the price and you're gonna get cheap coins. The more support, the faster this mystery whale runs out of coins to dump, and the richer we all get. :-) If a whale feels threatened because they think were onto a winner, why would they dump XC over whatever else it is that they are worried is inferior?
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Artoodeetoo
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
July 21, 2014, 04:37:01 PM |
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Agree 100 percent on the coin price, its silly low.. Took a handful more in 140 range... Cant see it here for long...
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DASH #DashDC #DashIntoDigitalCash
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synechist
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July 21, 2014, 04:37:52 PM |
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Anyone have thoughts why all the dumping today? Very odd as there seems to be nothing but good news coming out.
Yeah, same thing is on my mind. Good news comes out .... and a 10k dump comes. Everything I learned about crypto seems to work opposite with XC. Am still in, sold nothing and will keep holding my precious . . . . You're right that things seem to work in the opposite way for XC lately. If were to guess why, I'd say that competitors know we're for real. They really don't want to be surpassed. So they dump coins mined early on to keep XC appearing as if nothing big is happening. But it is, and they've got it coming. [various competitors named] Yeah, quite possibly. But let's not mention/accuse any parties because that'll just bring unnecessary trouble. We don't know who it is. But who cares? Nobody can hold back reality.
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Co-Founder, the Blocknet
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synechist
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July 21, 2014, 04:39:12 PM |
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Anyone have thoughts why all the dumping today? Very odd as there seems to be nothing but good news coming out.
Yeah, same thing is on my mind. Good news comes out .... and a 10k dump comes. Everything I learned about crypto seems to work opposite with XC. Am still in, sold nothing and will keep holding my precious . . . . You're right that things seem to work in the opposite way for XC lately. If were to guess why, I'd say that competitors know we're for real. They really don't want to be surpassed. So they dump coins mined early on to keep XC appearing as if nothing big is happening. But it is, and they've got it coming. [various competitors named] Yeah, quite possibly. But let's not mention/accuse any parties because that'll just bring unnecessary trouble. We don't know who it is. But who cares? Nobody can hold back reality. If a whale feels threatened because they think were onto a winner, why would they dump XC over whatever else it is that they are worried is inferior? The hypothesis only pertains to a whale who has a vested interest in a competing project.
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Co-Founder, the Blocknet
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dida
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SoNiC BooM
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July 21, 2014, 04:41:12 PM |
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Hi folks Another announcement: We've stated in the past that we value open source code very highly and are privileged to share our ground-breaking tech with the crypto community.
Well today we make our mixing tech - that testing has shown to remove any link between sender and receiver on the blockchain - open source!
This is our Rev 1 mixer code. It is not the trustless mixing that XC currently uses.
You can expect more of XC's tech to be made public as we continue.
Enjoy, world! We hope that this will demonstrate XC's commitment to transparency, information-sharing, and good faith in the crypto community.
http://pastebin.com/G4mH4AxR
SHITTY TIMING ..
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synechist
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To commodify ethicality is to ethicise the market
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
July 21, 2014, 04:42:09 PM |
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Hi folks Another announcement: We've stated in the past that we value open source code very highly and are privileged to share our ground-breaking tech with the crypto community.
Well today we make our mixing tech - that testing has shown to remove any link between sender and receiver on the blockchain - open source!
This is our Rev 1 mixer code. It is not the trustless mixing that XC currently uses.
You can expect more of XC's tech to be made public as we continue.
Enjoy, world! We hope that this will demonstrate XC's commitment to transparency, information-sharing, and good faith in the crypto community.
http://pastebin.com/G4mH4AxR
SHITTY TIMING .. Why? I wouldn't think so.
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Co-Founder, the Blocknet
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demgains
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
July 21, 2014, 04:44:25 PM |
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Anyone have thoughts why all the dumping today? Very odd as there seems to be nothing but good news coming out.
Yeah, same thing is on my mind. Good news comes out .... and a 10k dump comes. Everything I learned about crypto seems to work opposite with XC. Am still in, sold nothing and will keep holding my precious . . . . You're right that things seem to work in the opposite way for XC lately. If were to guess why, I'd say that competitors know we're for real. They really don't want to be surpassed. So they dump coins mined early on to keep XC appearing as if nothing big is happening. But it is, and they've got it coming. Of course this is pure speculation, but hey. It's a lame and short-lived tactic to keep dumping coins at cheap prices. Before long the news will be too good and even their dumping will make no difference. And before long they'll run out of cash and we'll be free of them henceforth. I was thinking the same thing Arlyn. It seems to be the only explanation. The crypto war seems to be quite evident and XC is a huge contender and force to be reckoned with. Holding strong as good times are coming folks. Yeah. I don't have a better explanation, that's for sure. Why else would someone dump on good news? So basically I'm just interpreting this dumping as perverse good news. It's a sign that we're a serious threat. Note to self: next time someone dumps on news, smile and wait patiently for the fundamentals to express themselves ;-) To be a little more strategic, we can just buy these dumps up. Put in support for the price and you're gonna get cheap coins. The more support, the faster this mystery whale runs out of coins to dump, and the richer we all get. :-) If a whale feels threatened because they think were onto a winner, why would they dump XC over whatever else it is that they are worried is inferior? They probably bought in on a competitor coin and accumulated much more than they have in XC, however they still hold a substancial amount of XC. XC's price may severely limit their profit margin if they were to buy back in and accumulate more ATM. Because they probably acquired the competitor's coin for next to nothing, they will do everything they can to keep XC's price low which may divert more investors to their coin and increase the potential for profit
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dida
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SoNiC BooM
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
July 21, 2014, 04:47:54 PM |
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Hi folks Another announcement: We've stated in the past that we value open source code very highly and are privileged to share our ground-breaking tech with the crypto community.
Well today we make our mixing tech - that testing has shown to remove any link between sender and receiver on the blockchain - open source!
This is our Rev 1 mixer code. It is not the trustless mixing that XC currently uses.
You can expect more of XC's tech to be made public as we continue.
Enjoy, world! We hope that this will demonstrate XC's commitment to transparency, information-sharing, and good faith in the crypto community.
http://pastebin.com/G4mH4AxR
SHITTY TIMING .. Why? I wouldn't think so. we will see..depends on next move by DAN... I could be wrong
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synechist
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To commodify ethicality is to ethicise the market
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
July 21, 2014, 04:50:35 PM |
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Hi folks Another announcement: We've stated in the past that we value open source code very highly and are privileged to share our ground-breaking tech with the crypto community.
Well today we make our mixing tech - that testing has shown to remove any link between sender and receiver on the blockchain - open source!
This is our Rev 1 mixer code. It is not the trustless mixing that XC currently uses.
You can expect more of XC's tech to be made public as we continue.
Enjoy, world! We hope that this will demonstrate XC's commitment to transparency, information-sharing, and good faith in the crypto community.
http://pastebin.com/G4mH4AxR
SHITTY TIMING .. Why? I wouldn't think so. we will see..depends on next move by DAN... I could be wrong I don't understand. How would releasing the Rev 1 mixer code have any bearing on Dan's next move?
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Co-Founder, the Blocknet
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demgains
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
July 21, 2014, 04:51:18 PM |
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Hi folks Another announcement: We've stated in the past that we value open source code very highly and are privileged to share our ground-breaking tech with the crypto community.
Well today we make our mixing tech - that testing has shown to remove any link between sender and receiver on the blockchain - open source!
This is our Rev 1 mixer code. It is not the trustless mixing that XC currently uses.
You can expect more of XC's tech to be made public as we continue.
Enjoy, world! We hope that this will demonstrate XC's commitment to transparency, information-sharing, and good faith in the crypto community.
http://pastebin.com/G4mH4AxR
SHITTY TIMING .. Why? I wouldn't think so. we will see..depends on next move by DAN... I could be wrong surely you have some reasoning to support why its 'shitty timing'. I don't see how this even does much for people trying to copy this coin, other than offer increased transparency.
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braxx
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
July 21, 2014, 04:54:34 PM |
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Hi folks Another announcement: We've stated in the past that we value open source code very highly and are privileged to share our ground-breaking tech with the crypto community.
Well today we make our mixing tech - that testing has shown to remove any link between sender and receiver on the blockchain - open source!
This is our Rev 1 mixer code. It is not the trustless mixing that XC currently uses.
You can expect more of XC's tech to be made public as we continue.
Enjoy, world! We hope that this will demonstrate XC's commitment to transparency, information-sharing, and good faith in the crypto community.
http://pastebin.com/G4mH4AxR
opening part of the code should UP us on that coingecko website... Very interesting way to rank coins other than by market cap. http://www.coingecko.comI recently sent them an email and they were very quick to add XC to the POS list and added the new facebook page. I just sent an email with the updated name and logos hopefully that will be a quick fix too. Bobby who I have been in contact with said he would publish an updated about section if we provided it. Teka or Synechist could you please let me know if you have any about writeup for these kind of things or I can PM you his email info if you want to send an update for the about field. ALSO I noticed earlier someone wanted an XC website for price. I would say this might even be better and is a new feature of coingecko check em out! http://www.coingecko.com/widgets/ticker/xc/btcNot too sure about their ranking system XC seems very low, but any exposure is better than none. But one thing that really stoodout for me was XC's very low number of facebook likes compared to most of the other coins. This is something that we could remedy very quickly by everybody just adding XC as a like on facebook https://www.facebook.com/XCurrencyI agree, our facebook is still pretty new though (so is XC) but yeah or social media presence is a bit on the low side. Another factor for our lower ranking is the closed source so our developer score is much lower than it could be. They have updated logo and name now just need an updated about page info.
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synechist
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To commodify ethicality is to ethicise the market
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July 21, 2014, 04:55:34 PM |
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Co-Founder, the Blocknet
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KimmyF
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
July 21, 2014, 04:56:54 PM |
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Anyone have thoughts why all the dumping today? Very odd as there seems to be nothing but good news coming out.
Yeah, same thing is on my mind. Good news comes out .... and a 10k dump comes. Everything I learned about crypto seems to work opposite with XC. Am still in, sold nothing and will keep holding my precious . . . . You're right that things seem to work in the opposite way for XC lately. If were to guess why, I'd say that competitors know we're for real. They really don't want to be surpassed. So they dump coins mined early on to keep XC appearing as if nothing big is happening. But it is, and they've got it coming. well, opposite is good because no other alt coin has succeeded in getting out of the BTC shadow. Second, coin movement from early miners to investors is in my book also a great thing. still, counter intuitive to see
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synechist
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To commodify ethicality is to ethicise the market
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
July 21, 2014, 04:58:46 PM |
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Anyone have thoughts why all the dumping today? Very odd as there seems to be nothing but good news coming out.
Yeah, same thing is on my mind. Good news comes out .... and a 10k dump comes. Everything I learned about crypto seems to work opposite with XC. Am still in, sold nothing and will keep holding my precious . . . . You're right that things seem to work in the opposite way for XC lately. If were to guess why, I'd say that competitors know we're for real. They really don't want to be surpassed. So they dump coins mined early on to keep XC appearing as if nothing big is happening. But it is, and they've got it coming. well, opposite is good because no other alt coin has succeeded in getting out of the BTC shadow. Second, coin movement from early miners to investors is in my book also a great thing. still, counter intuitive to see +1.
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Co-Founder, the Blocknet
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synechist
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To commodify ethicality is to ethicise the market
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July 21, 2014, 05:01:50 PM |
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They probably bought in on a competitor coin and accumulated much more than they have in XC, however they still hold a substancial amount of XC. XC's price may severely limit their profit margin if they were to buy back in and accumulate more ATM. Because they probably acquired the competitor's coin for next to nothing, they will do everything they can to keep XC's price low which may divert more investors to their coin and increase the potential for profit
+1. This is a solid rationale. Important that it doesn't necessitate a competitor either. Let's help the ol' dumper out by giving him some nice solid support. There's no better way to get drain his funds, get cheap coins, and remove obstacles to the inevitable ascent of XC.
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Co-Founder, the Blocknet
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Profetu
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
July 21, 2014, 05:07:02 PM |
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Could we ask someone capable to review the code?
Also while the price should be around 0.004 by now it is kind of a stretch to say a whale invested heavily into a competitor coin is suppressing the price. I don't have a better explanation though..
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Teka (OP)
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July 21, 2014, 05:13:38 PM |
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Just copy pasted this to /r/CryptoCurrency with a note saying originally posted by you. ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) should get a lot more views there. Nice just incase people dont understand, make sure that you inform them that this old technology when sharing.
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G-Bert
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
July 21, 2014, 05:14:45 PM |
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Just copy pasted this to /r/CryptoCurrency with a note saying originally posted by you. ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) should get a lot more views there. Nice just incase people dont understand, make sure that you inform them that this old technology when sharing. Yeah, I literally copied exactly what Synechist wrote ![Wink](https://bitcointalk.org/Smileys/default/wink.gif)
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XChat XJkVnYD4N4oSjNStgbAUD6UyWuBTWuMRgv public key fuYPYmK4Sj57PkU2NKg1gKW91euMKkstQPeeexUcxnb8
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synechist
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To commodify ethicality is to ethicise the market
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July 21, 2014, 05:17:39 PM |
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Co-Founder, the Blocknet
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