synechist
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Activity: 1190
Merit: 1000
To commodify ethicality is to ethicise the market
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September 11, 2014, 01:06:22 PM |
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Hey folks, a tweet: "Thank you #Xcurrency community for your @keepod donations last week! $38.14 - Can you do it again?
XXkc4jMGMcVF3Jt65ip9QKg6bAqmkb6JUX"I reckon we can do a whole lot better than £38.14.
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Co-Founder, the Blocknet
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infazan
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September 11, 2014, 01:31:23 PM |
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why the price increase?
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Mountaingoat
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September 11, 2014, 01:37:42 PM |
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why the price increase?
Probably because REV 2 is closing in and people still want to get cheap XC before it is too late.
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CryptoGretzky
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September 11, 2014, 01:41:25 PM |
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why the price increase?
The better question is who was crazy enough to dump it to this low in the first place.
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Profetu
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September 11, 2014, 01:42:33 PM |
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why the price increase?
Why not? We still trail behind Monero and BTCD which somehow have bigger marketcaps and daily volumes both on and off blockchain. Maybe they have bigger communities I'm not sure as I don't follow them. But the next update might bring us closer to them and the release of the mobile wallet will be a killer IMO. A big problem is no one will risk his life using a anonymous platform without it being open source code. Still until the final release we can't have any pretensions. Slow and steady is fine by me. "- There may be an updated test release of the finalized Rev 2 today." Cool !
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synechist
Legendary
Offline
Activity: 1190
Merit: 1000
To commodify ethicality is to ethicise the market
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September 11, 2014, 01:48:51 PM |
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no one will risk his life using a anonymous platform without it being open source code. Still until the final release we can't have any pretensions. Slow and steady is fine by me.
Well said. XC's price should increase steadily as people realise just how significant its tech is. After that, when we release the code it may increase pretty quickly. But the real increase will come when people realise that XC is headed straight for mainstream adoption. We'll have top-notch mobile chat, a distributed content server, and all the other stuff on the timeline. There are several markets ripe for what XC is bringing out.
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Co-Founder, the Blocknet
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Mountaingoat
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September 11, 2014, 02:00:59 PM |
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Please tell us the time is will be released. What kind of miner works for the Multipool and does it generate profit?
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Dungor
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September 11, 2014, 02:07:26 PM |
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Could one theoretically use XCurrency as an escrow to anonymously transfer bitcoins? More specifically build an app on top of XC like QiBuck but with the purpose of mixing bitcoins, preferably having the mixing pool pooled from multiple shares? This is maybe a bit meta, but building a bitcoin wallet on-top of the XCwallet platform that could serve as a dark wallet?
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XChat XZFT9YxW9Uhv4R5yoWgUmYhAzqP5qVuZp8 Public Key 288p7Jom8LvQ1UNVgc7H7wzpZoQkqLdtqfR7Ls4Bgo3Mz
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laredo7mm
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September 11, 2014, 02:08:02 PM |
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Please tell us the time is will be released.
What kind of miner works for the Multipool and does it generate profit?
You will see the update by 6:00am your time (GMT +2) on September 16th. Go to the multipool page and take a look all the information about miners is there. No one can answer your question about profitability without knowing your local electric cost.
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synechist
Legendary
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Activity: 1190
Merit: 1000
To commodify ethicality is to ethicise the market
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September 11, 2014, 02:08:28 PM |
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Please tell us the time is will be released. What kind of miner works for the Multipool and does it generate profit? The time will not be announced. However it will not be late at night for people in the EU. There will, in fact, be several announcements on Monday though. I'm pretty excited. The multipool mines scrypt, x11 and sha256 coins. Feel free to rent any kind you like. Scrypt is the most profitable at the moment I think. For profitability, at the moment you'd need a rig for less that 0.00521158 BTC/day for Scrypt, and less than 0.00014255 BTC/day for x11.
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Co-Founder, the Blocknet
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Mountaingoat
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September 11, 2014, 02:09:50 PM |
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[snip]
Please tell us the time is will be released. What kind of miner works for the Multipool and does it generate profit? The time will not be announced. However it will not be late at night for people in the EU. There will, in fact, be several announcements on Monday though. I'm pretty excited. The multipool mines scrypt, x11 and sha256 coins. Feel free to rent any kind you like. Scrypt is the most profitable at the moment I think. For profitability, at the moment you'd need a rig for less that 0.00521158 BTC/day for Scrypt, and less than 0.00014255 BTC/day for x11. What with SHA-256? Do you know that?
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policymaker
Full Member
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Activity: 210
Merit: 100
Crypto Currency Supporter
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September 11, 2014, 02:10:46 PM |
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Please tell us the time is will be released. What kind of miner works for the Multipool and does it generate profit? The time will not be announced. However it will not be late at night for people in the EU. There will, in fact, be several announcements on Monday though. I'm pretty excited. The multipool mines scrypt, x11 and sha256 coins. Feel free to rent any kind you like. Scrypt is the most profitable at the moment I think. For profitability, at the moment you'd need a rig for less that 0.00521158 BTC/day for Scrypt, and less than 0.00014255 BTC/day for x11. Synechist, the SHA256 cant be true, do we have any more data? It is way too profitable right now, I mean if it is like 100% off it will still be profitable
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Mountaingoat
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September 11, 2014, 02:13:43 PM |
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The rigs that I can find for Scrypt are all 0,56 BTC or more, what am I doing wrong?
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synechist
Legendary
Offline
Activity: 1190
Merit: 1000
To commodify ethicality is to ethicise the market
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September 11, 2014, 02:14:21 PM |
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Could one theoretically use XCurrency as an escrow to anonymously transfer bitcoins? More specifically build an app on top of XC like QiBuck but with the purpose of mixing bitcoins, preferably having the mixing pool pooled from multiple shares? This is maybe a bit meta, but building a bitcoin wallet on-top of the XCwallet platform that could serve as a dark wallet?
That's a tricky thing. It was suggested in an XC discussion but it's not clear how it would be done. One option would be to trade BTC for XC, send the XC privately and then trade back into BTC. An app could do this. A decentralised exchange would be necessary for this to meet XC's security standards. Alternatively we could try implement XC's tech in a new, weird Bitcoin wallet. But it wouldn't be compatible with the Bitcoin network. So that's a bit of a complicated task. Not sure how it would be done. Great idea. There's definitely a market for anonymising BTC.
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Co-Founder, the Blocknet
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Longenecker
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September 11, 2014, 02:14:26 PM |
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If there will be announcements Monday that we have yet to hear of, can you give us any hints as to what they are about? I know you love to tease.
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synechist
Legendary
Offline
Activity: 1190
Merit: 1000
To commodify ethicality is to ethicise the market
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September 11, 2014, 02:16:45 PM |
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Synechist, the SHA256 cant be true, do we have any more data? It is way too profitable right now, I mean if it is like 100% off it will still be profitable
No-one's mining SHA256 right now. Where are you seeing that data?
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Co-Founder, the Blocknet
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Mountaingoat
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September 11, 2014, 02:17:30 PM |
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Synechist, the SHA256 cant be true, do we have any more data? It is way too profitable right now, I mean if it is like 100% off it will still be profitable
No-one's mining SHA256 right now. Where are you seeing that data? I have send you a PM, I hope you can help me.
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policymaker
Full Member
Offline
Activity: 210
Merit: 100
Crypto Currency Supporter
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September 11, 2014, 02:17:41 PM |
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Synechist, the SHA256 cant be true, do we have any more data? It is way too profitable right now, I mean if it is like 100% off it will still be profitable
No-one's mining SHA256 right now. Where are you seeing that data? the shift payouts! edit: ofc it cant be true, no reason to even bother, just probably check the pool for bugs
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CryptoGretzky
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September 11, 2014, 02:18:10 PM |
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If there will be announcements Monday that we have yet to hear of, can you give us any hints as to what they are about? I know you love to tease. The final release of rev 2 with the Coinjoin KILLER technologies revealed!
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