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Author Topic: [XC][XCurrency] Decentralised Trustless Privacy Platform / Encrypted XChat / Pos  (Read 1484180 times)
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July 23, 2014, 11:55:54 PM
 #17701

If you're still on the fence or perhaps panic sold it's time to buy. You won't regret it. We just crossed MACD 2hr into green!
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July 23, 2014, 11:56:24 PM
 #17702

Anything going on here?  I have so much confidence in XC my position is on cruise control.
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July 23, 2014, 11:58:54 PM
 #17703


I agree with what you just wrote, but we should always look for opportunities to improve. We need to create an environment where people are both excited about the future and hesitant to sell off their coins.

Having the price tank like this in between revisions doesn't make for healthy growth imo.

From a long-term perspective, the price did not tank. What happened was a speculation bubble formed leading up to the REV2 release date. This bubble significantly inflated the price above the upwards trend line. When the expectations of the speculators concerning REV2 were not adequately met, the speculation bubble popped and the price has fallen back down to the upwards trend line. XC is up 1.69% in the last 30 days. How many other coins can say that?

Everything is fine. Let's get our expectations under control.

Speculation bubbles fueled by short-term profit-seeking day traders does not make for healthy growth.

This kind of slow and steady growth and resiliency is what we need.

One big holder could have tanked the price hard today below 100k very easily, yet no one has wanted to thus far.

Why? Because it's only the speculators leaving. And when they're gone we resume our steady upwards trend.





People want 10004985% return overnight DAMN IT!!!!

Sure it might be a slow steady climb, but when it does take off it will be fun.

As for the big bag holder, we had one I think that did unload last night. Good riddance. The playing and locking in the market does not help... cept those that want to buy cheaper coins.
It would be nice if that where to happen.
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July 24, 2014, 12:01:39 AM
 #17704

I think some patience is necessary here. Let them finish Rev. 3, publish the whitepaper, and offer a big bounty for anyone who can break the anonymity of XCurrency. Those things will put us in the spotlight and get us all the attention we ever wanted. Days can seem like weeks in this fast paced crypto jungle but let's remember all our strengths and be content.

Agreed. No sense in trying to get the name out there when it isn't complete. Build a complete, 100% working product, release a whitepaper detailing why investors should invest and people that value privacy should adopt and THEN start spreading the word. If I never knew about it and heard about it today, downloaded the wallet and couldn't do a private transaction, I certainly wouldn't be coming back. Turns out, there are still issues that need resolve.
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July 24, 2014, 12:13:51 AM
 #17705

I think some patience is necessary here. Let them finish Rev. 3, publish the whitepaper, and offer a big bounty for anyone who can break the anonymity of XCurrency. Those things will put us in the spotlight and get us all the attention we ever wanted. Days can seem like weeks in this fast paced crypto jungle but let's remember all our strengths and be content.

The thing is that support now matters.  Look at DRK.  Supposedly, we are all here because we think we have a better technology than DRK does, correct?  Yet DRK has a far higher market cap, far higher user base, etc.  They have that because they built support early.  

Every day XC waits to build additional support is another day some other community gets to take that support and hold on to it. CLOAK is another instructive example.  If everyone thinking about CLOAK knew XC already had solved anonymity, they would be far less interested in CLOAK.  Instead, those investors do not believe XC has solved anonymity and are attracted to CLOAK as a solution.  So they become attached to CLOAK, and are less likely to support XC in the future.  This is not a good thing because (to the earlier point about Betamax and bluray) at some point the ship really does sail and all the proof in the world that your tech is 10% better won't matter because it won't be enough to overcome the disparity in community size.  Lots of coins have better tech than BTC, but Expedia doesn't use them as a payment solution because they can't compete with the early support BTC got...

So if we have the best anon lets start proving it rather than waiting around and assuming that will just work out fine.  XC would benefit by improving its messaging.
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July 24, 2014, 12:36:30 AM
 #17706

I think some patience is necessary here. Let them finish Rev. 3, publish the whitepaper, and offer a big bounty for anyone who can break the anonymity of XCurrency. Those things will put us in the spotlight and get us all the attention we ever wanted. Days can seem like weeks in this fast paced crypto jungle but let's remember all our strengths and be content.

The thing is that support now matters.  Look at DRK.  Supposedly, we are all here because we think we have a better technology than DRK does, correct?  Yet DRK has a far higher market cap, far higher user base, etc.  They have that because they built support early.  

Every day XC waits to build additional support is another day some other community gets to take that support and hold on to it. CLOAK is another instructive example.  If everyone thinking about CLOAK knew XC already had solved anonymity, they would be far less interested in CLOAK.  Instead, those investors do not believe XC has solved anonymity and are attracted to CLOAK as a solution.  So they become attached to CLOAK, and are less likely to support XC in the future.  This is not a good thing because (to the earlier point about Betamax and bluray) at some point the ship really does sail and all the proof in the world that your tech is 10% better won't matter because it won't be enough to overcome the disparity in community size.  Lots of coins have better tech than BTC, but Expedia doesn't use them as a payment solution because they can't compete with the early support BTC got...

So if we have the best anon lets start proving it rather than waiting around and assuming that will just work out fine.  XC would benefit by improving its messaging.

What are you suggesting we do?

Would you read my prior posts before replying?

It's uncommonly known that the XC team has a plan. :-)


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July 24, 2014, 12:59:40 AM
 #17707

I think some patience is necessary here. Let them finish Rev. 3, publish the whitepaper, and offer a big bounty for anyone who can break the anonymity of XCurrency. Those things will put us in the spotlight and get us all the attention we ever wanted. Days can seem like weeks in this fast paced crypto jungle but let's remember all our strengths and be content.

The thing is that support now matters.  Look at DRK.  Supposedly, we are all here because we think we have a better technology than DRK does, correct?  Yet DRK has a far higher market cap, far higher user base, etc.  They have that because they built support early. 

Every day XC waits to build additional support is another day some other community gets to take that support and hold on to it. CLOAK is another instructive example.  If everyone thinking about CLOAK knew XC already had solved anonymity, they would be far less interested in CLOAK.  Instead, those investors do not believe XC has solved anonymity and are attracted to CLOAK as a solution.  So they become attached to CLOAK, and are less likely to support XC in the future.  This is not a good thing because (to the earlier point about Betamax and bluray) at some point the ship really does sail and all the proof in the world that your tech is 10% better won't matter because it won't be enough to overcome the disparity in community size.  Lots of coins have better tech than BTC, but Expedia doesn't use them as a payment solution because they can't compete with the early support BTC got...

So if we have the best anon lets start proving it rather than waiting around and assuming that will just work out fine.  XC would benefit by improving its messaging.

I hold DRK, XMR, and XC, so I don't play favorites. That aside, large communities don't necessarily mean the end of any sort of traction to the upside--look at how large Doge's community is and yet it's not enough to overcome the inflation, let alone make up for the fact that it really offers nothing more than a "fun" meme coin.

No sense in trying to market yourself if what you are marketing isn't complete. Just the way it is.
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July 24, 2014, 01:00:03 AM
 #17708

I think some patience is necessary here. Let them finish Rev. 3, publish the whitepaper, and offer a big bounty for anyone who can break the anonymity of XCurrency. Those things will put us in the spotlight and get us all the attention we ever wanted. Days can seem like weeks in this fast paced crypto jungle but let's remember all our strengths and be content.

The thing is that support now matters.  Look at DRK.  Supposedly, we are all here because we think we have a better technology than DRK does, correct?  Yet DRK has a far higher market cap, far higher user base, etc.  They have that because they built support early.  

Every day XC waits to build additional support is another day some other community gets to take that support and hold on to it. CLOAK is another instructive example.  If everyone thinking about CLOAK knew XC already had solved anonymity, they would be far less interested in CLOAK.  Instead, those investors do not believe XC has solved anonymity and are attracted to CLOAK as a solution.  So they become attached to CLOAK, and are less likely to support XC in the future.  This is not a good thing because (to the earlier point about Betamax and bluray) at some point the ship really does sail and all the proof in the world that your tech is 10% better won't matter because it won't be enough to overcome the disparity in community size.  Lots of coins have better tech than BTC, but Expedia doesn't use them as a payment solution because they can't compete with the early support BTC got...

So if we have the best anon lets start proving it rather than waiting around and assuming that will just work out fine.  XC would benefit by improving its messaging.

What are you suggesting we do?

Would you read my prior posts before replying?

It's uncommonly known that the XC team has a plan. :-)



I'm suggesting we write a whitepaper now rather than later, or at least have a good answer to the following:  Can you point interested users, service providers and investors to a concise explanation of why we have a better anon solution than any of the following coins they might choose from:

DRK
Vericoin
Cloak

And I'm not meaning high level statments such as "we have multipath" or "we have more nodes."  Why do those characteristics matter?  Under what scenarios is XC more secure?  Why would a payment processor, ecommerce marketplace, etc, choose XC over its competitors?  

Or: what are the shortcomings to our anonymity solution?  What are the shortcomings of competing solutions?  These would all be valuable.
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July 24, 2014, 01:03:37 AM
 #17709

I think some patience is necessary here. Let them finish Rev. 3, publish the whitepaper, and offer a big bounty for anyone who can break the anonymity of XCurrency. Those things will put us in the spotlight and get us all the attention we ever wanted. Days can seem like weeks in this fast paced crypto jungle but let's remember all our strengths and be content.

The thing is that support now matters.  Look at DRK.  Supposedly, we are all here because we think we have a better technology than DRK does, correct?  Yet DRK has a far higher market cap, far higher user base, etc.  They have that because they built support early. 

Every day XC waits to build additional support is another day some other community gets to take that support and hold on to it. CLOAK is another instructive example.  If everyone thinking about CLOAK knew XC already had solved anonymity, they would be far less interested in CLOAK.  Instead, those investors do not believe XC has solved anonymity and are attracted to CLOAK as a solution.  So they become attached to CLOAK, and are less likely to support XC in the future.  This is not a good thing because (to the earlier point about Betamax and bluray) at some point the ship really does sail and all the proof in the world that your tech is 10% better won't matter because it won't be enough to overcome the disparity in community size.  Lots of coins have better tech than BTC, but Expedia doesn't use them as a payment solution because they can't compete with the early support BTC got...

So if we have the best anon lets start proving it rather than waiting around and assuming that will just work out fine.  XC would benefit by improving its messaging.

I hold DRK, XMR, and XC, so I don't play favorites. That aside, large communities don't necessarily mean the end of any sort of traction to the upside--look at how large Doge's community is and yet it's not enough to overcome the inflation, let alone make up for the fact that it really offers nothing more than a "fun" meme coin.

No sense in trying to market yourself if what you are marketing isn't complete. Just the way it is.

So what is the point of synechist then if PR and marketing at this stage doesn't matter?  Of course it matters, which is why he plays a valuable role.  I just think he could play a much MORE valuable role.  And are you aware of the number of brands that start marketing prior to product launch?  Why do you think they do that? 

We can do a better job here.
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July 24, 2014, 01:12:16 AM
 #17710


I agree with what you just wrote, but we should always look for opportunities to improve. We need to create an environment where people are both excited about the future and hesitant to sell off their coins.

Having the price tank like this in between revisions doesn't make for healthy growth imo.

From a long-term perspective, the price did not tank. What happened was a speculation bubble formed leading up to the REV2 release date. This bubble significantly inflated the price above the upwards trend line. When the expectations of the speculators concerning REV2 were not adequately met, the speculation bubble popped and the price has fallen back down to the upwards trend line. XC is up 1.69% in the last 30 days. How many other coins can say that?

Everything is fine. Let's get our expectations under control.

Speculation bubbles fueled by short-term profit-seeking day traders does not make for healthy growth.

This kind of slow and steady growth and resiliency is what we need.

One big holder could have tanked the price hard today below 100k very easily, yet no one has wanted to thus far.

Why? Because it's only the speculators leaving. And when they're gone we resume our steady upwards trend.

Lesson to be learned if you bought in the bubble: don't buy in a speculation bubble!




I don't think the price adequately reflects the value added between last month and now. I just want to avoid having this turning into a regular occurrence upon future releases.  I understand the artificiality of spec bubbles but I wasn't anticipating this hard of a fall. I'm in no way disheartened, mind you, but I do feel like we can find ways to make the growth less....erratic?
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July 24, 2014, 01:13:46 AM
 #17711

I think some patience is necessary here. Let them finish Rev. 3, publish the whitepaper, and offer a big bounty for anyone who can break the anonymity of XCurrency. Those things will put us in the spotlight and get us all the attention we ever wanted. Days can seem like weeks in this fast paced crypto jungle but let's remember all our strengths and be content.

The thing is that support now matters.  Look at DRK.  Supposedly, we are all here because we think we have a better technology than DRK does, correct?  Yet DRK has a far higher market cap, far higher user base, etc.  They have that because they built support early.  

Every day XC waits to build additional support is another day some other community gets to take that support and hold on to it. CLOAK is another instructive example.  If everyone thinking about CLOAK knew XC already had solved anonymity, they would be far less interested in CLOAK.  Instead, those investors do not believe XC has solved anonymity and are attracted to CLOAK as a solution.  So they become attached to CLOAK, and are less likely to support XC in the future.  This is not a good thing because (to the earlier point about Betamax and bluray) at some point the ship really does sail and all the proof in the world that your tech is 10% better won't matter because it won't be enough to overcome the disparity in community size.  Lots of coins have better tech than BTC, but Expedia doesn't use them as a payment solution because they can't compete with the early support BTC got...

So if we have the best anon lets start proving it rather than waiting around and assuming that will just work out fine.  XC would benefit by improving its messaging.

What are you suggesting we do?

Would you read my prior posts before replying?

It's uncommonly known that the XC team has a plan. :-)



I'm suggesting we write a whitepaper now rather than later, or at least have a good answer to the following:  Can you point interested users, service providers and investors to a concise explanation of why we have a better anon solution than any of the following coins they might choose from:

DRK
Vericoin
Cloak

And I'm not meaning high level statments such as "we have multipath" or "we have more nodes."  Why do those characteristics matter?  Under what scenarios is XC more secure?  Why would a payment processor, ecommerce marketplace, etc, choose XC over its competitors?  

Or: what are the shortcomings to our anonymity solution?  What are the shortcomings of competing solutions?  These would all be valuable.

It's important that

- we do not publish our very valuable ideas before they are implemented

- we do not promise without being able to deliver

- nonetheless, we get the word out about that we have now


So a whitepaper is on the cards and in my opinion is best kept for Rev 3.

In the meantime there is a steady stream of daily communication from me to social media, the press, threads on Bitcointalk, etc. On occasion there are paid press releases. On occasion there are events, whether software releases or conferences.

I think that we're doing just fine for now.

If you think that XC should be well known already, well, these things just take time to disseminate.

Lastly your ideas about stating use-cases are solid. They're part of how I write. Nice one.



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July 24, 2014, 01:55:47 AM
 #17712



hi my friend,

i think we already are leader in anonymity, which is not actually a big concern, only need some improvement.

what interests me now are some new trends in crypto world:

1.  bitshares released their client, which boasts of incredibly fast transaction based on DPOS. and certainly they are developing DACs, which will increase  the value in future.
    Does XC is in the same or similar direction?

2. etherum, actually it is not a big concern either. the more they raise funds, the more dilution in the future. 
    but as i asked you last time.  the above question applies here too.

thanks for your continuous working here  Grin 
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July 24, 2014, 02:30:08 AM
 #17713

A lot of interesting discussion in here today!

Synechist I think you had asked earlier how the DeFUD campaign was going... I've been working on it some and Sushi will be helping as well in the future, we're both working on it for free, we can put the donations toward something else Smiley Of course additional help is greatly appreciated and I'll post in the official forum soon.
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July 24, 2014, 03:06:48 AM
 #17714

A lot of interesting discussion in here today!

Synechist I think you had asked earlier how the DeFUD campaign was going... I've been working on it some and Sushi will be helping as well in the future, we're both working on it for free, we can put the donations toward something else Smiley Of course additional help is greatly appreciated and I'll post in the official forum soon.

awesome work guys

XCurrency Price Speculation Topic
Coin Control Basic guide                                                                XChat address/private/instant/absolute: XSKu1fpwvRcAekfK91qVHi51Tgz4ckoA91
XChat public key: zcfx74j4fFK9hW7rQniTvLyDyXd9SyRCrncP9vdukbVT
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July 24, 2014, 04:50:09 AM
 #17715

http://xc-official.com/assets/pdfs/14-07-08%20The%20XC%20Team.pdf
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July 24, 2014, 05:04:07 AM
 #17716



hi my friend,

i think we already are leader in anonymity, which is not actually a big concern, only need some improvement.

what interests me now are some new trends in crypto world:

1.  bitshares released their client, which boasts of incredibly fast transaction based on DPOS. and certainly they are developing DACs, which will increase  the value in future.
    Does XC is in the same or similar direction?

2. etherum, actually it is not a big concern either. the more they raise funds, the more dilution in the future. 
    but as i asked you last time.  the above question applies here too.

thanks for your continuous working here  Grin 

Another idea:
Enhance EM function and extend it to support small file transmission. With help of multipath Xnode network, it's possible to add this feature.
P2P encrypted file transmission is really important for privacy protection. And if XC platform could integrate a open source ftp client/server into XC application, it'll be a great plus.
With that, we could find a file server with the pub key of the owner and then login and download.
It's funny, we could send some coins to server and buy service. It's digital store!
taking advantage of Xnode network, a new world is coming.......

xchat: XNvUSCdvZgZcXsYd3Gs91w8tKQmeMKHS9G
Pubkey: 2Ax9bYXwifbqyxsmC9pbhfGyPoLJNf3wdtQ7dFdzKK1ZX
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July 24, 2014, 05:09:36 AM
 #17717

Hey guys, I would like to add something. A lot of times its been said that current price doesn't matter. I can tell you that statement is completely faulse. Current price and an upward trending price matter a lot. Any "investor" wants to see a continued return on investment. If they don't, they walk away. If they walk away, they don't usually come back. It becomes too risky because history says its a bad bet. Also, even though day traders and whales have a tendency to dictate the market, in the end without bitcoin we might as well be trading vegtables. If we want XC to overtake bitcoin one day, investors are key. They want to see innovation and development. They won't mind donating a few XC to a marketing campaign or what have you if it in turn helps put money in their pocket. I work for an investment firm, so I know what I'm talking about. You can't pitch something to an investor without showing them evidence that their investment will payoff. So...... Get out there and spread the word about XC. Anyone that has privileged information that is allowed to share should. If you let these forums go stale without any updates to intise people to jump on board, then you can kiss your investment goodbye!
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July 24, 2014, 05:12:13 AM
 #17718



hi my friend,

i think we already are leader in anonymity, which is not actually a big concern, only need some improvement.

what interests me now are some new trends in crypto world:

1.  bitshares released their client, which boasts of incredibly fast transaction based on DPOS. and certainly they are developing DACs, which will increase  the value in future.
    Does XC is in the same or similar direction?

2. etherum, actually it is not a big concern either. the more they raise funds, the more dilution in the future. 
    but as i asked you last time.  the above question applies here too.

thanks for your continuous working here  Grin 

Another idea:
Enhance EM function and extend it to support small file transmission. With help of multipath Xnode network, it's possible to add this feature.
P2P encrypted file transmission is really important for privacy protection. And if XC platform could integrate a open source ftp client/server into XC application, it'll be a great plus.
With that, we could find a file server with the pub key of the owner and then login and download.
It's funny, we could send some coins to server and buy service. It's digital store!
taking advantage of Xnode network, a new world is coming.......

You know, I tried my best to find some bit torrent file of Erika Momodani's movie yesterday, and finally failed.
I'm looking forward to buying it from XC file store.

xchat: XNvUSCdvZgZcXsYd3Gs91w8tKQmeMKHS9G
Pubkey: 2Ax9bYXwifbqyxsmC9pbhfGyPoLJNf3wdtQ7dFdzKK1ZX
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July 24, 2014, 05:15:53 AM
 #17719

Hey guys, I would like to add something. A lot of times its been said that current price doesn't matter. I can tell you that statement is completely faulse. Current price and an upward trending price matter a lot. Any "investor" wants to see a continued return on investment. If they don't, they walk away. If they walk away, they don't usually come back. It becomes too risky because history says its a bad bet. Also, even though day traders and whales have a tendency to dictate the market, in the end without bitcoin we might as well be trading vegtables. If we want XC to overtake bitcoin one day, investors are key. They want to see innovation and development. They won't mind donating a few XC to a marketing campaign or what have you if it in turn helps put money in their pocket. I work for an investment firm, so I know what I'm talking about. You can't pitch something to an investor without showing them evidence that their investment will payoff. So...... Get out there and spread the word about XC. Anyone that has privileged information that is allowed to share should. If you let these forums go stale without any updates to intise people to jump on board, then you can kiss your investment goodbye!

No special feature, No remarkable value.
So let's brain storm to add new features to XC.
Watching the price up and down makes nonsense.

xchat: XNvUSCdvZgZcXsYd3Gs91w8tKQmeMKHS9G
Pubkey: 2Ax9bYXwifbqyxsmC9pbhfGyPoLJNf3wdtQ7dFdzKK1ZX
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July 24, 2014, 05:19:27 AM
 #17720

Hey guys, I would like to add something. A lot of times its been said that current price doesn't matter. I can tell you that statement is completely faulse. Current price and an upward trending price matter a lot. Any "investor" wants to see a continued return on investment. If they don't, they walk away. If they walk away, they don't usually come back. It becomes too risky because history says its a bad bet. Also, even though day traders and whales have a tendency to dictate the market, in the end without bitcoin we might as well be trading vegtables. If we want XC to overtake bitcoin one day, investors are key. They want to see innovation and development. They won't mind donating a few XC to a marketing campaign or what have you if it in turn helps put money in their pocket. I work for an investment firm, so I know what I'm talking about. You can't pitch something to an investor without showing them evidence that their investment will payoff. So...... Get out there and spread the word about XC. Anyone that has privileged information that is allowed to share should. If you let these forums go stale without any updates to intise people to jump on board, then you can kiss your investment goodbye!

No special feature, No remarkable value.
So let's brain storm to add new features to XC.
Watching the price up and down makes nonsense.

I think BlockChain 2.0 apps and Web 3.0 are the special features that will be implemented in the future. What exactly these are, I dont think anybody but the developers know, and they dont want to give it away until development is finished I guess. Either you trust them or you dont. Given their transparency and credentials..I trust them.

Lets not forget that a marketing campaign is in the works, along with the addition of 2 new team members introduced last week. And dont forget the ATM.

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