GameStarter
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September 21, 2014, 11:14:06 AM |
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XC advantage/disadvantage against Bitcoin:
XC disavantage:
-less protocol trust: take time even for a finished product to acquire trust -more risk : XC code is in devellopment things could go wrong, investors with risk aversion prefer to wait the code to be tested and audited before investing too much -adoption/recognition: XC could profit from bitcoin adoption (bitcoin opened the road for next generation) -XC dependence: Have to buy bitcoin first. could change fast (cryptsy,mintpal adding xc/$...futur expansion of XC motivating big exchange to add XC...) -Xc open source delayed: i see it as an advantage but it is open to debate so i place it here.
XC advantage:
-best technology : XC already outperform bitcoin technology -best evolution rate: XC technology improve with a higher rate than bitcoin -best road map: web 3.0, anonymous vocal/video calls, blockchain 2.0 apps, cloud storage...Bitcoin will look like dinausore pretty soon. -best expected rewards : hard to expect x100+ profit now with bitcoin whereas it's clearly possible with XC Exemple: Bitcoin priced 15k$ x actual number of bitcoin 13 284 600 = 199 billions$ marketcap, actual price multiplied by 37.5
XC priced 300$ would give 1.66 billions marketcap (about 1/3 of actual bitcoin marketcap) , actual price multiplied by 500 (300$/0.6$)
-flexibility : XC can adapt very quickly. -Clean public image: XC isn't related to silk road (FBI seizure..), MTgox hack 740k bitcoin could potentialy hit the market... 1 millions bitcoin from anonymous founder satoshi could hit the market -best business model: more reason for customers to accumulate XC: 3.3% profit stacking per year, Run Xmixer with 1000 XC could generate huge profit in the futur...
Conclusion:
XC could overtake bitcoin faster than expected. Most of bitcoin advantage (recognition, adoption) have developed a solid basis for XC rise. If Bitcoin ETF are regulated next few month it would open the door for Xc to enter in the same market and would be in direct fair competition against bitcoin. With XC tech delivered, tested and audited vs bitcoin on nasdaq => bitcoin would loose the fight really quick. best technology, road map and risk/rewards attract smart and greedy investors. every media would talk about insane bull run of XC on market, adoption/recognition and profit from xmixer explode...
If XC team continue to deliver the road map, i don't see how Xc could stay so much inferior than Bitcoin for long.
Don't you think in the futur XC marketcap could join 1/3 of actual bitcoin market cap? would transform 1000 euros initial investment into 500keuros, without counting stacking + xmixer profit. Do you know a better risk/rewards investment in the world?
As result i play XC long term !
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XChat adress + Key: XVgjcg7tnFgkthL2hi4yvXiU66FWkZ Key: bjmK3SsiNEUC2VJkcEGTMRBmqYx3rXhxRh39BvbtpAof
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cryptico
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September 21, 2014, 12:01:28 PM |
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Great Post! Smart money are on XC right now PERIOD
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Sabretooth
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September 21, 2014, 12:22:40 PM |
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Thank you for your welcome. Its nice to be on-board with this team. I feel like I have found gold here.
I woke up to this morning and was pleased to see both the news and the price. I am glad it did not pump up overnight (<16K), much easier to make money in a flat (with swings) or gradual ascending market than a descending market after a bloated pump. The release has been very well handled over the past few weeks (including on the day).
I imagine on the back of this extraordinary news we shall see a steady incline in price as more people get on board with the vision. We will need patience as it may take a little while for holders of other currency to properly understand the value of where we are going and to realize that we have the engine-in-place and expertise to deliver the vision. Dan's background in networking is exactly what crypto needs at this point in time.
Lets not forget the hard work of the team in setting up new ways to make, use and spend XC. At the end of the day this is what will build the base for the currency and give it the support it needs so the development team can continue working on its master plan.
Google started with an obscurely named, under marketed search engine that did the job to absolute perfection. Hopefully with our bold vision, and the interim value we can add along the way, we have another Google here. As we have seen with bitcoin, the advantage of a virtual currency over a share or hard asset is that sharing it (splitting an BTC/XC into smaller denominations by increased spending) increases the value of the overall pool. So if the team continues with its track record in delivering, the final payout could end of being like Google on steroids. IMHO still early days though we are more like at the front counter checking in (or even leaving homes for the airport), than on-board the rocket ship waiting for take-off.
So I take it that you've staked out XC as your privacy based coin, other coins or are you looking at others. Seems your in with this coin for the long haul? Yes definitely long haul. I did look at other alt coins, but decided XC suited my current investment strategy, so all in XC. I needed something in my portfolio that has the potential for massive returns, and could be mainstreamed without the risk of being regulated against due to black market connotations.
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Uno: uVcEaDQ5MXcYRjSGY1E7FXfrtxGk6QKnBm
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reebokasss
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September 21, 2014, 12:36:49 PM |
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mintpal v2 at 23th of september.. on tuesday they will write that v2 will be at 26th of september, then 29th of september on so on.. when we are planning to have XC/USD exchange?
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cryptico
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September 21, 2014, 12:48:36 PM |
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mintpal v2 at 23th of september.. on tuesday they will write that v2 will be at 26th of september, then 29th of september on so on.. when we are planning to have XC/USD exchange? Wow Such loosers.. at this stage bittrex will add it first..lol
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ForReal
Member
Offline
Activity: 87
Merit: 10
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September 21, 2014, 01:27:07 PM |
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mintpal v2 at 23th of september.. on tuesday they will write that v2 will be at 26th of september, then 29th of september on so on.. when we are planning to have XC/USD exchange? How much more can they fail ?
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Teka (OP)
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September 21, 2014, 01:43:18 PM |
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XC advantage/disadvantage against Bitcoin:
XC disavantage:
-less protocol trust: take time even for a finished product to acquire trust -more risk : XC code is in devellopment things could go wrong, investors with risk aversion prefer to wait the code to be tested and audited before investing too much -adoption/recognition: XC could profit from bitcoin adoption (bitcoin opened the road for next generation) -XC dependence: Have to buy bitcoin first. could change fast (cryptsy,mintpal adding xc/$...futur expansion of XC motivating big exchange to add XC...) -Xc open source delayed: i see it as an advantage but it is open to debate so i place it here.
XC advantage:
-best technology : XC already outperform bitcoin technology -best evolution rate: XC technology improve with a higher rate than bitcoin -best road map: web 3.0, anonymous vocal/video calls, blockchain 2.0 apps, cloud storage...Bitcoin will look like dinausore pretty soon. -best expected rewards : hard to expect x100+ profit now with bitcoin whereas it's clearly possible with XC Exemple: Bitcoin priced 15k$ x actual number of bitcoin 13 284 600 = 199 billions$ marketcap, actual price multiplied by 37.5
XC priced 300$ would give 1.66 billions marketcap (about 1/3 of actual bitcoin marketcap) , actual price multiplied by 500 (300$/0.6$)
-flexibility : XC can adapt very quickly. -Clean public image: XC isn't related to silk road (FBI seizure..), MTgox hack 740k bitcoin could potentialy hit the market... 1 millions bitcoin from anonymous founder satoshi could hit the market -best business model: more reason for customers to accumulate XC: 3.3% profit stacking per year, Run Xmixer with 1000 XC could generate huge profit in the futur...
Conclusion:
XC could overtake bitcoin faster than expected. Most of bitcoin advantage (recognition, adoption) have developed a solid basis for XC rise. If Bitcoin ETF are regulated next few month it would open the door for Xc to enter in the same market and would be in direct fair competition against bitcoin. With XC tech delivered, tested and audited vs bitcoin on nasdaq => bitcoin would loose the fight really quick. best technology, road map and risk/rewards attract smart and greedy investors. every media would talk about insane bull run of XC on market, adoption/recognition and profit from xmixer explode...
If XC team continue to deliver the road map, i don't see how Xc could stay so much inferior than Bitcoin for long.
Don't you think in the futur XC marketcap could join 1/3 of actual bitcoin market cap? would transform 1000 euros initial investment into 500keuros, without counting stacking + xmixer profit. Do you know a better risk/rewards investment in the world?
As result i play XC long term !
Great Post. Taking out my obvious XC bias, I personally believe that most decent cryptos will have a mkt. cap close to $1b within the next 5 years.
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ChilliWinter
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September 21, 2014, 01:43:55 PM |
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hi Dan,
any chance to got last release available for linux and osx this day ?
Thanks
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Cloakcoin, Blocknet and Syscoin supporter
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cryptico
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September 21, 2014, 01:50:56 PM |
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nanoprobe
Legendary
Offline
Activity: 980
Merit: 1000
Traveling in subspace
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September 21, 2014, 01:57:02 PM |
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mintpal v2 at 23th of september.. on tuesday they will write that v2 will be at 26th of september, then 29th of september on so on.. when we are planning to have XC/USD exchange? How much more can they fail ? EPIC?
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You'll never know what you're living for until you know what you're willing to die for. Never look back, something might be gaining on you.
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Teka (OP)
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September 21, 2014, 02:07:34 PM |
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Again? It's not like they can use VISA cards either due to sanctions.
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cryptico
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September 21, 2014, 02:43:38 PM |
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Again? It's not like they can use VISA cards either due to sanctions. Yea... call it a smart smove lol
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infinitechaos
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September 21, 2014, 02:47:55 PM |
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Bummer, so much for our perfectly planned PR campaign. Not surprised at all, though. They're a bunch of noobs over there at Moolah. I can't remember a single time they've met a deadline.Nothing's new under the sun.
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ChilliWinter
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September 21, 2014, 03:31:25 PM |
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Very good, thanks Dan ! Any ETA for linux and osx users ? Thanks
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Cloakcoin, Blocknet and Syscoin supporter
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atcsecure
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September 21, 2014, 03:46:08 PM |
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Very good, thanks Dan ! Any ETA for linux and osx users ? Thanks Once I am comfortable with the code & test results, the other wallets will be released Dan
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Join the revolution - XC - Decentralized Trustless Multi-Node Private Transactions
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ChilliWinter
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September 21, 2014, 03:52:10 PM |
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Very good, thanks Dan ! Any ETA for linux and osx users ? Thanks Once I am comfortable with the code & test results, the other wallets will be released Dan so ok :-) Thanks again
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Cloakcoin, Blocknet and Syscoin supporter
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atcsecure
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September 21, 2014, 03:59:01 PM |
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Very good, thanks Dan ! Any ETA for linux and osx users ? Thanks Once I am comfortable with the code & test results, the other wallets will be released Dan so ok :-) Thanks again Well yeah, since we are doing several test releases a day which are not backwards compatible [xmixer/private-tx feature] at the moment to fine tune the code and identify issues it just wouldn't make since until it is stable So far the results with this latest release are good -- https://chainz.cryptoid.info/xc/tx.dws?8e063263fe062e91b4b0f9586e398a230cf27714e0d44e2c17bbcc27047e1bff.htm - Dan
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Join the revolution - XC - Decentralized Trustless Multi-Node Private Transactions
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cryptico
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September 21, 2014, 04:11:15 PM |
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I don't know how to read transactions.. did you send this amount 17.016506 XC ? Are you triyng to send large amounts? anyway it looks like there are a lot of transactions in one transactions ahaha if that makes sense..
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