synechist
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Activity: 1190
Merit: 1000
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. |
Co-Founder, the Blocknet
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Profetu
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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.  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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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. 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 |
XChat XJkVnYD4N4oSjNStgbAUD6UyWuBTWuMRgv
public key fuYPYmK4Sj57PkU2NKg1gKW91euMKkstQPeeexUcxnb8
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synechist
Legendary
Offline
Activity: 1190
Merit: 1000
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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KimmyF
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July 21, 2014, 05:17:45 PM |
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Just copy pasted this to /r/CryptoCurrency with a note saying originally posted by you. 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. Than make it a XC thing: we are open-source ... but only the previous version. All copy cats are behind & it will instantly mark XC as an industry leader. Big commitment to the team, there must come up with something new if you follow this road. |
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synechist
Legendary
Offline
Activity: 1190
Merit: 1000
To commodify ethicality is to ethicise the market
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July 21, 2014, 05:19:04 PM |
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Just copy pasted this to /r/CryptoCurrency with a note saying originally posted by you. 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. Than make it a XC thing: we are open-source ... but only the previous version. All copy cats are behind & it will instantly mark XC as an industry leader. Big commitment to the team, there must come up with something new if you follow this road. Precisely. And man have we got some cool stuff coming up... |
Co-Founder, the Blocknet
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G-Bert
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July 21, 2014, 05:20:31 PM |
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Was just thinking actually, there's probably quite a lot of news that has come out that should really be posted to that reddit. last thing I posted was the video and that got a lot of discussion going, but im sure we've had updated wallets and various things since then.. ? |
XChat XJkVnYD4N4oSjNStgbAUD6UyWuBTWuMRgv
public key fuYPYmK4Sj57PkU2NKg1gKW91euMKkstQPeeexUcxnb8
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synechist
Legendary
Offline
Activity: 1190
Merit: 1000
To commodify ethicality is to ethicise the market
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July 21, 2014, 05:21:43 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..
This is a great idea. I've suggested it to the devs. I think you're right about where the price should be. Yet someone dumps on news. It may be a counterintuitive thing to observe, and yet it happens. Best explanation? What demgains said. |
Co-Founder, the Blocknet
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synechist
Legendary
Offline
Activity: 1190
Merit: 1000
To commodify ethicality is to ethicise the market
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July 21, 2014, 05:23:33 PM |
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Was just thinking actually, there's probably quite a lot of news that has come out that should really be posted to that reddit. last thing I posted was the video and that got a lot of discussion going, but im sure we've had updated wallets and various things since then.. ? Yeah. True. You're very welcome to post a bunch of stuff. In fact, it would be better coming from a community member than from the XC PR guy. Would you be up for it? Check out ATCsecure's posts if you need dates/info. |
Co-Founder, the Blocknet
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braxx
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July 21, 2014, 05:34:57 PM |
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XC back on top mintpal 24h-trading volume
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G-Bert
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July 21, 2014, 05:38:11 PM |
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Was just thinking actually, there's probably quite a lot of news that has come out that should really be posted to that reddit. last thing I posted was the video and that got a lot of discussion going, but im sure we've had updated wallets and various things since then.. ? Yeah. True. You're very welcome to post a bunch of stuff. In fact, it would be better coming from a community member than from the XC PR guy. Would you be up for it? Check out ATCsecure's posts if you need dates/info. Yeah no probs. I wont spam the front page with it all now but I'll try to keep XC near the top to some degree, and certainly share all the future announcements.  |
XChat XJkVnYD4N4oSjNStgbAUD6UyWuBTWuMRgv
public key fuYPYmK4Sj57PkU2NKg1gKW91euMKkstQPeeexUcxnb8
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synechist
Legendary
Offline
Activity: 1190
Merit: 1000
To commodify ethicality is to ethicise the market
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July 21, 2014, 05:38:51 PM |
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XC back on top mintpal 24h-trading volume
Nice to have that on a reversal. Let's buy this coin up to the price it should be at! |
Co-Founder, the Blocknet
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dannyspk
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July 21, 2014, 05:38:58 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. Well, the way I see is that almost all of the alts saw a decent 10% decline on average in the last 2 days. My guess would be that there is an upcoming BTC breakout on the way above the 654 resistance area and as trends dictate, they will be hopping on the BTC train for quick profit. |
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Artoodeetoo
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July 21, 2014, 05:39:18 PM |
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retweeted  |
DASH #DashDC #DashIntoDigitalCash
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synechist
Legendary
Offline
Activity: 1190
Merit: 1000
To commodify ethicality is to ethicise the market
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July 21, 2014, 05:40:25 PM |
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Was just thinking actually, there's probably quite a lot of news that has come out that should really be posted to that reddit. last thing I posted was the video and that got a lot of discussion going, but im sure we've had updated wallets and various things since then.. ? Yeah. True. You're very welcome to post a bunch of stuff. In fact, it would be better coming from a community member than from the XC PR guy. Would you be up for it? Check out ATCsecure's posts if you need dates/info. Yeah no probs. I wont spam the front page with it all now but I'll try to keep XC near the top to some degree, and certainly share all the future announcements. Thanks G-bert. Superb. |
Co-Founder, the Blocknet
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hoertest
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July 21, 2014, 05:41:45 PM |
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It will be important to communicate over and over the next days that the just released sourcecode is rev 1 the old mixer
or people will try to use this to spread FUD instead (old tech blablabla)
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synechist
Legendary
Offline
Activity: 1190
Merit: 1000
To commodify ethicality is to ethicise the market
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July 21, 2014, 05:44:27 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. Well, the way I see is that almost all of the alts saw a decent 10% decline on average in the last 2 days. My guess would be that there is an upcoming BTC breakout on the way above the 654 resistance area and as trends dictate, they will be hopping on the BTC train for quick profit. That would be sweet. Thing is, holding XC effectively means holding BTC since BTC will be mostly traded against USD and CNY. So by holding XC we all stand to profit from BTC's upcoming bubble. |
Co-Founder, the Blocknet
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dannyspk
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July 21, 2014, 05:48:29 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. Well, the way I see is that almost all of the alts saw a decent 10% decline on average in the last 2 days. My guess would be that there is an upcoming BTC breakout on the way above the 654 resistance area and as trends dictate, they will be hopping on the BTC train for quick profit. That would be sweet. Thing is, holding XC effectively means holding BTC since BTC will be mostly traded against USD and CNY. So by holding XC we all stand to profit from BTC's upcoming bubble. Agreed. The only thing that worries me is the lack of volume on Mintpal since the VeriCoin attack. But, let's hope, traders attract more traders like virus comes to fruition soon enough. |
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