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Author Topic: [XC][XCurrency] Decentralised Trustless Privacy Platform / Encrypted XChat / Pos  (Read 1483649 times)
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August 26, 2014, 08:07:05 PM
 #23141


From the article - "With development led by Boston based Dan Metcalk, XCurrency is still technically a DAC."

Where did he get the idea that XC is a DAC?  As far as I knew, there isn't anything contained within XC that would qualifies anything of that nature at this time.  Is he confusing XC with the recent BTSX excitement or is there a veiled hint in there?

Web 3.0

Finally the outside world is catching up on the fact of XC being a company instead of "just a coin" And those XC "coins" you are holding? well those are stock. I've been saying this for months.
I wouldn't be surprised if some bigshot company swoops down and says "listen Dan, we want to buy ALL of your tech, the messaging, your web 3.0 EVERYTHING" Well when that happens, any XC holder will have a very big grin on their face. If you hold 1k+ XC and such a takeover is even suggested you won't need to work another day in your life again. I am not saying that XC will ever be sold, but take it from me there will be huge interest.

It won't be tomorrow, but the fundamentals are being laid out further every day. Just hold on to your "coins" and don't ever make the mistake of selling them because you are impatient.

The trick to being succesful in this crazy crypto world is to invest in platforms that offer real world applicability, not just in "crypto currencies". Crypto won't be going away, you can count on that. But in the end only a couple of currencies will prevail, which are being used in infrastructures or platforms. These platforms have to offer something that people either need or want, with XC it's privacy and that's something that, in the light of current and future world affairs, everybody needs and wants. That gives intrinsic value to the XC platform, regardless of current unit price or market cap.

Except everything is delayed opensource?  So to call it a company is to say it's a company that owns nothing (except whatever code has been written since last time it was opensourced)

Huh

This "Open Source Coins = DAC" make no sense
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August 26, 2014, 08:07:18 PM
 #23142

and I'm not just picking on XC fwiw
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August 26, 2014, 08:31:31 PM
 #23143

Dev Team I admire all of you but with the speed of the new tech releases nowadays in the crypto world we will need to move our ass a bit faster with the releases, updates, and start to deliver our features much faster. I don't know if Dan is working on is own or not he is not posting here since very long time and I would like to know where we are at the moment and what we can expect for the next upcoming future. Rev 2.5 was expected at the beginning a while ago... I am excited by where the XC project is headed but I see other coins delivering decentralised Markets, first android staking wallets bitshares...etc

I don't know if I am becoming too impatient but the frustration keeps growing inside me. Please give me your feedback guys. Am I becoming an impatient ass or this feeling is justified?

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August 26, 2014, 08:41:10 PM
 #23144

Quote
I don't know if I am becoming too impatient but the frustration keeps growing inside me. Please give me your feedback guys. Am I becoming an impatient ass or this feeling is justified?

For whatever it's worth - from what I can tell XC is moving much faster than other coins.  There are coins that have features XC doesn't have and so they run out and try to grab it (include advertising and call it a touring "platform"), anon chat, etc.

Look at Monero.  They don't even have an official wallet yet.  And their website hasn't been updated in 2 months.  
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August 26, 2014, 08:42:12 PM
 #23145


From the article - "With development led by Boston based Dan Metcalk, XCurrency is still technically a DAC."

Where did he get the idea that XC is a DAC?  As far as I knew, there isn't anything contained within XC that would qualifies anything of that nature at this time.  Is he confusing XC with the recent BTSX excitement or is there a veiled hint in there?

Web 3.0

Finally the outside world is catching up on the fact of XC being a company instead of "just a coin" And those XC "coins" you are holding? well those are stock. I've been saying this for months.
I wouldn't be surprised if some bigshot company swoops down and says "listen Dan, we want to buy ALL of your tech, the messaging, your web 3.0 EVERYTHING" Well when that happens, any XC holder will have a very big grin on their face. If you hold 1k+ XC and such a takeover is even suggested you won't need to work another day in your life again. I am not saying that XC will ever be sold, but take it from me there will be huge interest.

It won't be tomorrow, but the fundamentals are being laid out further every day. Just hold on to your "coins" and don't ever make the mistake of selling them because you are impatient.

The trick to being succesful in this crazy crypto world is to invest in platforms that offer real world applicability, not just in "crypto currencies". Crypto won't be going away, you can count on that. But in the end only a couple of currencies will prevail, which are being used in infrastructures or platforms. These platforms have to offer something that people either need or want, with XC it's privacy and that's something that, in the light of current and future world affairs, everybody needs and wants. That gives intrinsic value to the XC platform, regardless of current unit price or market cap.

Except everything is delayed opensource?  So to call it a company is to say it's a company that owns nothing (except whatever code has been written since last time it was opensourced)

Huh

This "Open Source Coins = DAC" make no sense


In a way think of it as a trade secret. Ask KFC for the recipe for the breading on the chicken and I bet you will be laughed out of the office. XC is the same way, but it IS open sourced, just on a delay ... that way when the next 100 clones come out they use tech that is old.

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August 26, 2014, 08:44:19 PM
 #23146

and I'm not just picking on XC fwiw

I don't see why it always has to be the open source model - at the moment
it's important to build trust and confidence but ultimately there might be other models. If e.g. the XC infrastructure/code were bought
out by e.g. apple, for sure future developments would no longer be open source.
(Of course we'd all have to rely on the goodness of apple to preserve the trustless principle but that's a different question.)

And anyway first mover advantage is everything - delayed open source still keeps XC ahead of the pack.
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August 26, 2014, 08:44:25 PM
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Quote
I don't know if I am becoming too impatient but the frustration keeps growing inside me. Please give me your feedback guys. Am I becoming an impatient ass or this feeling is justified?


Look at Monero.  They don't even have an official wallet yet.  And their website hasn't been updated in 2 months.  

And yet this very coin is traded at a higher price than XC... tell me how that works ?

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August 26, 2014, 08:45:44 PM
 #23148

Quote
I don't know if I am becoming too impatient but the frustration keeps growing inside me. Please give me your feedback guys. Am I becoming an impatient ass or this feeling is justified?


Look at Monero.  They don't even have an official wallet yet.  And their website hasn't been updated in 2 months.  

And yet this very coin is traded at a higher price than XC... tell me how that works ?

the bitcoin dark and librex pump got me depressed a lot today....

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August 26, 2014, 08:46:31 PM
 #23149

....I don't know if I am becoming too impatient but the frustration keeps growing inside me. Please give me your feedback guys. Am I becoming an impatient ass or this feeling is justified?


What, you impatient? Say it isn't so.  ahahah   Grin



...I do not want to set s shit-storm just asking for few updates



Any News on what will be the reward for XC Holders with the Qibuck agreement? Are the XC daily Updates Over? Any Updates on Rev2.5?

Thank you


Im getting nervous


Announcement? not 2359PM Us time please


...also but the waiting is killing me we had no updates anymore for rev2.5 since very long and the undisclosed privacy feature is still disclosed


When we will know a bit more about Rev 2.5??

Has been how long two months since the Rev2 revision? It is nearly September... I thought It was going to be ready by now.. frustration grows...


How is going with the GUI for Rev 2.5 Teka can you give us a little preview Smiley Smiley
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August 26, 2014, 08:47:08 PM
 #23150

and I'm not just picking on XC fwiw

I don't see why it always has to be the open source model - at the moment
it's important to build trust and confidence but ultimately there might be other models. If e.g. the XC infrastructure/code were bought
out by e.g. apple, for sure future developments would no longer be open source.
(Of course we'd all have to rely on the goodness of apple to preserve the trustless principle but that's a different question.)

And anyway first mover advantage is everything - delayed open source still keeps XC ahead of the pack.

Dude, you think the general public gives 2 shits about if something is open sourced or not? I will use the KFC analogy again, people dont care as long as its yummy... same with cryptos, they wont care as long as it "works" and is as easy as possible with all the features they want. Simple as that.

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August 26, 2014, 08:47:25 PM
 #23151


I mostly see a flat support with descending resistance like a descending triangle but before the end of this triangle many release can change the patern.

Right now without releasing news or update we are going to see .00126 (support) for the 28 august but its just a big probability.
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August 26, 2014, 08:49:29 PM
 #23152

....I don't know if I am becoming too impatient but the frustration keeps growing inside me. Please give me your feedback guys. Am I becoming an impatient ass or this feeling is justified?


What, you impatient? Say it isn't so.  ahahah   Grin



...I do not want to set s shit-storm just asking for few updates



Any News on what will be the reward for XC Holders with the Qibuck agreement? Are the XC daily Updates Over? Any Updates on Rev2.5?

Thank you


Im getting nervous


Announcement? not 2359PM Us time please


...also but the waiting is killing me we had no updates anymore for rev2.5 since very long and the undisclosed privacy feature is still disclosed


When we will know a bit more about Rev 2.5??

Has been how long two months since the Rev2 revision? It is nearly September... I thought It was going to be ready by now.. frustration grows...


How is going with the GUI for Rev 2.5 Teka can you give us a little preview Smiley Smiley


ahaahhahahhaha Im def Impatient by nature this thread is killing me Smiley hopefully im not coming out as an ass Smiley

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August 26, 2014, 08:51:36 PM
 #23153

ahaahhahahhaha Im def Impatient by nature this thread is killing me Smiley

I hear ya, so am I.  I'm ready for some news too.

Nah, I don't see you coming across as an ass.  I was just having some fun at your expense.   Smiley
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August 26, 2014, 08:51:50 PM
 #23154


I mostly see a flat support with descending resistance like a descending triangle but before the end of this triangle many release can change the patern.

Everybody sees what they want to see. I see a bull flag http://www.dailyfx.com/forex/education/trading_tips/trend_of_the_day/2012/02/21/How_to_Trade_Bullish_Flag_Patterns.html
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August 26, 2014, 08:51:53 PM
 #23155

Quote
I don't know if I am becoming too impatient but the frustration keeps growing inside me. Please give me your feedback guys. Am I becoming an impatient ass or this feeling is justified?


Look at Monero.  They don't even have an official wallet yet.  And their website hasn't been updated in 2 months.  

And yet this very coin is traded at a higher price than XC... tell me how that works ?

I tried a few times and hit brick walls.  My biggest beef with XC has to do with the PoS as I believe it is fundamentally anti adoption.  It discourages it.  

Monero intentionally made their adoption curve slow (vs doing a quick 1 - 3 month mine).  This will offer more time rather than people accumulating the coins and then holding on to them while trying to drive the price up by inventing features.  Currency needs consensus.  And I think that's what the feature hounds don't get ... speculation may drive short term price.  But adoption drives consensus.  And PoW is better for adoption / consensus than PoS.

(I actually suspect that PoS after a 3 year mining phase would work fine.)
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August 26, 2014, 08:54:01 PM
 #23156

Before I'm accused of being a shill - I'm not in Monero or any anon coins.  I still think the winner hasn't shown up yet.
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August 26, 2014, 08:56:03 PM
 #23157

Quote
I don't know if I am becoming too impatient but the frustration keeps growing inside me. Please give me your feedback guys. Am I becoming an impatient ass or this feeling is justified?

For whatever it's worth - from what I can tell XC is moving much faster than other coins.  There are coins that have features XC doesn't have and so they run out and try to grab it (include advertising and call it a touring "platform"), anon chat, etc.

Look at Monero.  They don't even have an official wallet yet.  And their website hasn't been updated in 2 months.  

Are you sure you aren't confusing impatience with greed?  XC has a roadmap and is proceeding according to schedule.

And yes, let's look at Monero.  They don't have a too-slick promo video, or make you want to punish them for using terms like "Web 3.0."

Monero does however have a 100% open-source repo with frequent commits, and at least two wallets competing to be the Official One.

Proof: https://github.com/monero-project/bitmonero

Can your coin, err, I mean "super-cyber distributed autonomous corporation" do that?   Cheesy


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August 26, 2014, 08:58:24 PM
 #23158

Dev Team I admire all of you but with the speed of the new tech releases nowadays in the crypto world we will need to move our ass a bit faster with the releases, updates, and start to deliver our features much faster. I don't know if Dan is working on is own or not he is not posting here since very long time and I would like to know where we are at the moment and what we can expect for the next upcoming future. Rev 2.5 was expected at the beginning a while ago... I am excited by where the XC project is headed but I see other coins delivering decentralised Markets, first android staking wallets bitshares...etc

I don't know if I am becoming too impatient but the frustration keeps growing inside me. Please give me your feedback guys. Am I becoming an impatient ass or this feeling is justified?

we don't need a new release we need big players to join the party. just look at drk, there new releases lead to a price drop

i think XC devs are delivering a great product and releasing stuff that isn't finished, won't create a better market perception

but i know what you mean, a price increase would really be nice to give investors the feeling that they are in the right train Wink
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August 26, 2014, 08:59:29 PM
 #23159

....I don't know if I am becoming too impatient but the frustration keeps growing inside me. Please give me your feedback guys. Am I becoming an impatient ass or this feeling is justified?


What, you impatient? Say it isn't so.  ahahah   Grin



...I do not want to set s shit-storm just asking for few updates



Any News on what will be the reward for XC Holders with the Qibuck agreement? Are the XC daily Updates Over? Any Updates on Rev2.5?

Thank you


Im getting nervous


Announcement? not 2359PM Us time please


...also but the waiting is killing me we had no updates anymore for rev2.5 since very long and the undisclosed privacy feature is still disclosed


When we will know a bit more about Rev 2.5??

Has been how long two months since the Rev2 revision? It is nearly September... I thought It was going to be ready by now.. frustration grows...


How is going with the GUI for Rev 2.5 Teka can you give us a little preview Smiley Smiley


ahaahhahahhaha Im def Impatient by nature this thread is killing me Smiley

Classic!!

But anyway if it makes a different I don't think it's assish to be worried - this is a race for great tech but also market/brand recognition. The network effect is crucial and we are still
waiting for the tech developments before XC is launched and any of that happens. This is probably a good thing as you have to have something very solid and novel to sell if it is going to really be a game changer and we are certainly getting that. But no doubt we all want to see that part start to happen .  
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August 26, 2014, 08:59:38 PM
 #23160

Before I'm accused of being a shill - I'm not in Monero or any anon coins.  I still think the winner hasn't shown up yet.

I find it curious that many people think there will be "one" winner in crypto.  I see a world coming with numerous crypto currencies serving different needs and uses.  I think several that are already here will be here for some time to come, XC of course being one of those.  I just can't see this all ending with just one currency!
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