rdnkjdi
Legendary
Offline
Activity: 1256
Merit: 1009
|
|
September 03, 2014, 05:23:00 PM |
|
However you weren't able to define terms clearly enough to persuade me of your view. I really wasn't attempting to convince you - as part of the XC team that would go against your self interest. Let me put it another way. Anon currency's value is being able to do transactions in said currency. Only way to do a transaction is if everybody agrees on a currency (the only reason a currency works is because a doctor needs food from a farmer and a farmer needs services from a doctor. And a currency allows them to exchange services but not at the same time because they "agree" on said currency) XC has a market cap of less than 10% of the leading market cap anon coin. (I own none of them). This is what happens when you don't have consensus around a coin. If I want to use it for an anonymous transaction it's worthless to me if we are talking much money. If there are more than 5 people in the world who want to do a $5,000 transaction in one day. Then XC is out of the question. And yes - this is a direct result of consensus vs marketing.
|
|
|
|
Dungor
|
|
September 03, 2014, 05:27:26 PM |
|
However you weren't able to define terms clearly enough to persuade me of your view. I really wasn't attempting to convince you - as part of the XC team that would go against your self interest. Let me put it another way. Anon currency's value is being able to do transactions in said currency. Only way to do a transaction is if everybody agrees on a currency (the only reason a currency works is because a doctor needs food from a farmer and a farmer needs services from a doctor. And a currency allows them to exchange services but not at the same time because they "agree" on said currency) XC has a market cap of less than 10% of the leading market cap anon coin. (I own none of them). This is what happens when you don't have consensus around a coin. If I want to use it for an anonymous transaction it's worthless to me if we are talking much money. If there are more than 5 people in the world who want to do a $5,000 transaction in one day. Then XC is out of the question. And yes - this is a direct result of consensus vs marketing. Love how you come in and FUD the project while completely missing how the business case of XC is. Please continue so everyone can see how stupid you are
|
XChat XZFT9YxW9Uhv4R5yoWgUmYhAzqP5qVuZp8 Public Key 288p7Jom8LvQ1UNVgc7H7wzpZoQkqLdtqfR7Ls4Bgo3Mz
|
|
|
holyprofit
|
|
September 03, 2014, 05:29:38 PM |
|
swat happens when you pick a PoS to stabilize price and make early adopters rich. No community, no consensus = coin stagnates & dies (See NXT vs Litecoin which is a stupid clone)
Normally I would delete the comment but it's so daft I think it can stay. No community?! Do you mean something else maybe? This is page 1208. It sounds like you trying to say that a coin can't be successful unless they "spread the wealth" - i.e. give some of it to you cheaply.
|
|
|
|
rdnkjdi
Legendary
Offline
Activity: 1256
Merit: 1009
|
|
September 03, 2014, 05:30:30 PM |
|
However you weren't able to define terms clearly enough to persuade me of your view. I really wasn't attempting to convince you - as part of the XC team that would go against your self interest. Let me put it another way. Anon currency's value is being able to do transactions in said currency. Only way to do a transaction is if everybody agrees on a currency (the only reason a currency works is because a doctor needs food from a farmer and a farmer needs services from a doctor. And a currency allows them to exchange services but not at the same time because they "agree" on said currency) XC has a market cap of less than 10% of the leading market cap anon coin. (I own none of them). This is what happens when you don't have consensus around a coin. If I want to use it for an anonymous transaction it's worthless to me if we are talking much money. If there are more than 5 people in the world who want to do a $5,000 transaction in one day. Then XC is out of the question. And yes - this is a direct result of consensus vs marketing. Love how you come in and FUD the project while completely missing how the business case of XC is. Please continue so everyone can see how stupid you are I am not "FUD" (Fear, Uncertainty & Doubt) anything. I'm simply explaining why XC is useless when it comes to currency. There is not enough volume to trade it on exchanges for a widely/wider accepted currency. There is not enough of a community to turn it itself into a widely accepted currency (PoS vs PoW). If my worldview is right which I'm fairly certain it is. Then XC is only going to lose most of you money at the expense of the early adopters. FUD is completely different than explaining why a currency idea / project will not work.
|
|
|
|
rdnkjdi
Legendary
Offline
Activity: 1256
Merit: 1009
|
|
September 03, 2014, 05:31:23 PM |
|
swat happens when you pick a PoS to stabilize price and make early adopters rich. No community, no consensus = coin stagnates & dies (See NXT vs Litecoin which is a stupid clone)
Normally I would delete the comment but it's so daft I think it can stay. No community?! Do you mean something else maybe? This is page 1208. No - not enough for a currency. 50 posters account for 90% of the posts
|
|
|
|
PowderMonkey
Member
Offline
Activity: 105
Merit: 10
|
|
September 03, 2014, 05:40:08 PM |
|
Hey everyone! Hope you're all doing well. Hadn't been able to keep up with the thread the past few weeks, been bogged down with work. I have been able to pick up some cheap XC over the past week on Cryptsy though, someone dumped right into my buys twice Just wanted to stop in and say hi. Synechist, congrats on your anniversary, have a great evening with the wife!
|
|
|
|
Dungor
|
|
September 03, 2014, 05:40:45 PM |
|
However you weren't able to define terms clearly enough to persuade me of your view. I really wasn't attempting to convince you - as part of the XC team that would go against your self interest. Let me put it another way. Anon currency's value is being able to do transactions in said currency. Only way to do a transaction is if everybody agrees on a currency (the only reason a currency works is because a doctor needs food from a farmer and a farmer needs services from a doctor. And a currency allows them to exchange services but not at the same time because they "agree" on said currency) XC has a market cap of less than 10% of the leading market cap anon coin. (I own none of them). This is what happens when you don't have consensus around a coin. If I want to use it for an anonymous transaction it's worthless to me if we are talking much money. If there are more than 5 people in the world who want to do a $5,000 transaction in one day. Then XC is out of the question. And yes - this is a direct result of consensus vs marketing. Love how you come in and FUD the project while completely missing how the business case of XC is. Please continue so everyone can see how stupid you are I am not "FUD" (Fear, Uncertainty & Doubt) anything. I'm simply explaining why XC is useless when it comes to currency. There is not enough volume to trade it on exchanges for a widely/wider accepted currency. There is not enough of a community to turn it itself into a widely accepted currency (PoS vs PoW). If my worldview is right which I'm fairly certain it is. Then XC is only going to lose most of you money at the expense of the early adopters. FUD is completely different than explaining why a currency idea / project will not work. Using XCurrency as an anon currency is only part of the entire service provided by the XCPlatform. That you are able to buy XCurrency with bitcoins and send them anon to someone else who sells them for bitcoin will probably not hold up in court. But that again is completely missing the main point of XCurrency. XCurrency is the currency in which the services of the XCplatform applications are paid for. E.g. Web 3.0 applications. I said you should continue and I am enjoying this please more
|
XChat XZFT9YxW9Uhv4R5yoWgUmYhAzqP5qVuZp8 Public Key 288p7Jom8LvQ1UNVgc7H7wzpZoQkqLdtqfR7Ls4Bgo3Mz
|
|
|
rdnkjdi
Legendary
Offline
Activity: 1256
Merit: 1009
|
|
September 03, 2014, 05:43:42 PM |
|
However you weren't able to define terms clearly enough to persuade me of your view. I really wasn't attempting to convince you - as part of the XC team that would go against your self interest. Let me put it another way. Anon currency's value is being able to do transactions in said currency. Only way to do a transaction is if everybody agrees on a currency (the only reason a currency works is because a doctor needs food from a farmer and a farmer needs services from a doctor. And a currency allows them to exchange services but not at the same time because they "agree" on said currency) XC has a market cap of less than 10% of the leading market cap anon coin. (I own none of them). This is what happens when you don't have consensus around a coin. If I want to use it for an anonymous transaction it's worthless to me if we are talking much money. If there are more than 5 people in the world who want to do a $5,000 transaction in one day. Then XC is out of the question. And yes - this is a direct result of consensus vs marketing. Love how you come in and FUD the project while completely missing how the business case of XC is. Please continue so everyone can see how stupid you are I am not "FUD" (Fear, Uncertainty & Doubt) anything. I'm simply explaining why XC is useless when it comes to currency. There is not enough volume to trade it on exchanges for a widely/wider accepted currency. There is not enough of a community to turn it itself into a widely accepted currency (PoS vs PoW). If my worldview is right which I'm fairly certain it is. Then XC is only going to lose most of you money at the expense of the early adopters. FUD is completely different than explaining why a currency idea / project will not work. Using XCurrency as an anon currency is only part of the entire service provided by the XCPlatform. That you are able to buy XCurrency with bitcoins and send them anon to someone else who sells them for bitcoin will probably not hold up in court. But that again is completely missing the main point of XCurrency. XCurrency is the currency in which the services of the XCplatform applications are paid for. E.g. Web 3.0 applications. I said you should continue and I am enjoying this please more No. I don't think I'm missing the point at all. You guys keep waiting for the price pump with new releases and I'm just here to tell all of the late buyers / small guys to get out now. This price stability is the result of people at the top of the food chain not selling. Have you noticed that with each new release there is at the most a .15 pump and then it goes back down to a lower low? I mean - what "killer feature" are you waiting on? Plenty of "Killer features" has happened but it is not being more broadly adopted. If the technology hasn't changed the price yet - it's not going to.
|
|
|
|
leigh2k14
Legendary
Offline
Activity: 1288
Merit: 1000
|
|
September 03, 2014, 05:48:32 PM |
|
Where's the link for REV 1's mixer source code?
Thanks.
|
|
|
|
|
Dungor
|
|
September 03, 2014, 05:59:25 PM |
|
However you weren't able to define terms clearly enough to persuade me of your view. I really wasn't attempting to convince you - as part of the XC team that would go against your self interest. Let me put it another way. Anon currency's value is being able to do transactions in said currency. Only way to do a transaction is if everybody agrees on a currency (the only reason a currency works is because a doctor needs food from a farmer and a farmer needs services from a doctor. And a currency allows them to exchange services but not at the same time because they "agree" on said currency) XC has a market cap of less than 10% of the leading market cap anon coin. (I own none of them). This is what happens when you don't have consensus around a coin. If I want to use it for an anonymous transaction it's worthless to me if we are talking much money. If there are more than 5 people in the world who want to do a $5,000 transaction in one day. Then XC is out of the question. And yes - this is a direct result of consensus vs marketing. Love how you come in and FUD the project while completely missing how the business case of XC is. Please continue so everyone can see how stupid you are I am not "FUD" (Fear, Uncertainty & Doubt) anything. I'm simply explaining why XC is useless when it comes to currency. There is not enough volume to trade it on exchanges for a widely/wider accepted currency. There is not enough of a community to turn it itself into a widely accepted currency (PoS vs PoW). If my worldview is right which I'm fairly certain it is. Then XC is only going to lose most of you money at the expense of the early adopters. FUD is completely different than explaining why a currency idea / project will not work. Using XCurrency as an anon currency is only part of the entire service provided by the XCPlatform. That you are able to buy XCurrency with bitcoins and send them anon to someone else who sells them for bitcoin will probably not hold up in court. But that again is completely missing the main point of XCurrency. XCurrency is the currency in which the services of the XCplatform applications are paid for. E.g. Web 3.0 applications. I said you should continue and I am enjoying this please more No. I don't think I'm missing the point at all. You guys keep waiting for the price pump with new releases and I'm just here to tell all of the late buyers / small guys to get out now. This price stability is the result of people at the top of the food chain not selling. Have you noticed that with each new release there is at the most a .15 pump and then it goes back down to a lower low? I mean - what "killer feature" are you waiting on? Plenty of "Killer features" has happened but it is not being more broadly adopted. If the technology hasn't changed the price yet - it's not going to. The "killer feature" as you put it is web 3.0 and XChat. Web 3.0 has been announced but not yet developed. XChat won't have any real value until its complete, on mobile platform and with a more user-friendly design. The entire alt-coin marked has been burned by scam-coins and currently you won't get positive movement unless features are tested and delivered, which is healthy. XC has been pricestable above bitcoin, and with the majority of coins staking that shows confidence in the project. The XC marked has clearly been manipulated no-one disputes that. But if it is an early adopter that is selling out on the news the effect will be exactly wider adoption as for every sell order there is a buy order. You have to approach XC as a company rather than a currency only. Metaphorically speaking XC is a factory and XCplatform running web 3.0 is the equipment, XCnodes are the power to that equipment and that power can only be paid for in XCurrency.
|
XChat XZFT9YxW9Uhv4R5yoWgUmYhAzqP5qVuZp8 Public Key 288p7Jom8LvQ1UNVgc7H7wzpZoQkqLdtqfR7Ls4Bgo3Mz
|
|
|
leigh2k14
Legendary
Offline
Activity: 1288
Merit: 1000
|
|
September 03, 2014, 06:01:32 PM |
|
|
|
|
|
SouthernBTC
|
|
September 03, 2014, 06:03:36 PM |
|
However you weren't able to define terms clearly enough to persuade me of your view. I really wasn't attempting to convince you - as part of the XC team that would go against your self interest. Let me put it another way. Anon currency's value is being able to do transactions in said currency. Only way to do a transaction is if everybody agrees on a currency (the only reason a currency works is because a doctor needs food from a farmer and a farmer needs services from a doctor. And a currency allows them to exchange services but not at the same time because they "agree" on said currency) XC has a market cap of less than 10% of the leading market cap anon coin. (I own none of them). This is what happens when you don't have consensus around a coin. If I want to use it for an anonymous transaction it's worthless to me if we are talking much money. If there are more than 5 people in the world who want to do a $5,000 transaction in one day. Then XC is out of the question. And yes - this is a direct result of consensus vs marketing. Love how you come in and FUD the project while completely missing how the business case of XC is. Please continue so everyone can see how stupid you are I am not "FUD" (Fear, Uncertainty & Doubt) anything. I'm simply explaining why XC is useless when it comes to currency. There is not enough volume to trade it on exchanges for a widely/wider accepted currency. There is not enough of a community to turn it itself into a widely accepted currency (PoS vs PoW). If my worldview is right which I'm fairly certain it is. Then XC is only going to lose most of you money at the expense of the early adopters. FUD is completely different than explaining why a currency idea / project will not work. Using XCurrency as an anon currency is only part of the entire service provided by the XCPlatform. That you are able to buy XCurrency with bitcoins and send them anon to someone else who sells them for bitcoin will probably not hold up in court. But that again is completely missing the main point of XCurrency. XCurrency is the currency in which the services of the XCplatform applications are paid for. E.g. Web 3.0 applications. I said you should continue and I am enjoying this please more No. I don't think I'm missing the point at all. You guys keep waiting for the price pump with new releases and I'm just here to tell all of the late buyers / small guys to get out now. This price stability is the result of people at the top of the food chain not selling. Have you noticed that with each new release there is at the most a .15 pump and then it goes back down to a lower low? I mean - what "killer feature" are you waiting on? Plenty of "Killer features" has happened but it is not being more broadly adopted. If the technology hasn't changed the price yet - it's not going to. If I'm not mistaken July saw a 200% pump. Get lost and spread FUD over at monero or dark. What you say about xc applies to every crypto currency, even bitcoin hasn't made it yet...one of their lead devs just came forward and said we're in BETA still!!! This is a game for people who can see future possibilities; if I want to go out and buy a snickers bar I'll do it with cash.
|
|
|
|
Mountaingoat
|
|
September 03, 2014, 06:10:39 PM |
|
At what phase is XC at the moment? Alpha or Beta? Because it isn't publicly released yet right?
|
|
|
|
SouthernBTC
|
|
September 03, 2014, 06:12:20 PM |
|
At what phase is XC at the moment? Alpha or Beta? Because it isn't publicly released yet right?
Beta. Rev 3 will be the public launch.
|
|
|
|
KimmyF
|
|
September 03, 2014, 06:26:22 PM |
|
However you weren't able to define terms clearly enough to persuade me of your view. I really wasn't attempting to convince you - as part of the XC team that would go against your self interest. Let me put it another way. Anon currency's value is being able to do transactions in said currency. Only way to do a transaction is if everybody agrees on a currency (the only reason a currency works is because a doctor needs food from a farmer and a farmer needs services from a doctor. And a currency allows them to exchange services but not at the same time because they "agree" on said currency) XC has a market cap of less than 10% of the leading market cap anon coin. (I own none of them). This is what happens when you don't have consensus around a coin. If I want to use it for an anonymous transaction it's worthless to me if we are talking much money. If there are more than 5 people in the world who want to do a $5,000 transaction in one day. Then XC is out of the question. And yes - this is a direct result of consensus vs marketing. Love how you come in and FUD the project while completely missing how the business case of XC is. Please continue so everyone can see how stupid you are Please let him talk & discuss, imo this is not fud but a opinion. one i btw not fully understand or agree atm but are interested in. If a community wishes to grow more people and more different opinions and views come in, just the way things work
|
|
|
|
SouthernBTC
|
|
September 03, 2014, 06:27:12 PM |
|
"Monero fanboy 1: I say BTC-e adding XMR will have a greater impact than it would being added to cryptsy.
Rkjfhdtinki: I 1000% agree with this. It seems like a perfect fit for BTC-E ..."
Funny he is in monero thread supporting them, yet claims he doesn't own an anon coin. Oh, he also seems to be in other threads talking about Jasin Lee. Seems rkfjushtstinki no like xc very much.
|
|
|
|
SouthernBTC
|
|
September 03, 2014, 06:34:15 PM |
|
However you weren't able to define terms clearly enough to persuade me of your view. I really wasn't attempting to convince you - as part of the XC team that would go against your self interest. Let me put it another way. Anon currency's value is being able to do transactions in said currency. Only way to do a transaction is if everybody agrees on a currency (the only reason a currency works is because a doctor needs food from a farmer and a farmer needs services from a doctor. And a currency allows them to exchange services but not at the same time because they "agree" on said currency) XC has a market cap of less than 10% of the leading market cap anon coin. (I own none of them). This is what happens when you don't have consensus around a coin. If I want to use it for an anonymous transaction it's worthless to me if we are talking much money. If there are more than 5 people in the world who want to do a $5,000 transaction in one day. Then XC is out of the question. And yes - this is a direct result of consensus vs marketing. Love how you come in and FUD the project while completely missing how the business case of XC is. Please continue so everyone can see how stupid you are Please let him talk & discuss, imo this is not fud but a opinion. one i btw not fully understand or agree atm but are interested in. If a community wishes to grow more people and more different opinions and views come in, just the way things work Coming in here telling people to sell because they will be burned by early investors is not FUD, are you crazy...whatever go ahead and talk rdurytiinski, our community wants to hear more
|
|
|
|
cryptico
|
|
September 03, 2014, 06:37:32 PM |
|
However you weren't able to define terms clearly enough to persuade me of your view. I really wasn't attempting to convince you - as part of the XC team that would go against your self interest. Let me put it another way. Anon currency's value is being able to do transactions in said currency. Only way to do a transaction is if everybody agrees on a currency (the only reason a currency works is because a doctor needs food from a farmer and a farmer needs services from a doctor. And a currency allows them to exchange services but not at the same time because they "agree" on said currency) XC has a market cap of less than 10% of the leading market cap anon coin. (I own none of them). This is what happens when you don't have consensus around a coin. If I want to use it for an anonymous transaction it's worthless to me if we are talking much money. If there are more than 5 people in the world who want to do a $5,000 transaction in one day. Then XC is out of the question. And yes - this is a direct result of consensus vs marketing. Love how you come in and FUD the project while completely missing how the business case of XC is. Please continue so everyone can see how stupid you are Please let him talk & discuss, imo this is not fud but a opinion. one i btw not fully understand or agree atm but are interested in. If a community wishes to grow more people and more different opinions and views come in, just the way things work Coming in here telling people to sell because they will be burned by early investors is not FUD, are you crazy...whatever go ahead and talk rdurytiinski, our community wants to hear more It is still his opinion...if he does not want to Invest in XC he will cry when in six months it will be the 2 coin in market cap
|
|
|
|
Mountaingoat
|
|
September 03, 2014, 06:38:10 PM |
|
At what phase is XC at the moment? Alpha or Beta? Because it isn't publicly released yet right?
Beta. Rev 3 will be the public launch. Oke, so that will still be a while?
|
|
|
|
|