[XC][XCurrency] Decentralised Trustless Privacy Platform / Encrypted XChat / Pos

[akula999]

One concern I have is that creating xc inc. will deter people from using xcurrency, and once xc is a corporation, competing companies may not want to accept xcurrency. This is exciting news and I am intrigued, however there seems to be a catch 22 here. The explosion of btc and crypto can be attributed to their decentralized nature, how does xcurrency plan on remaining decentralized, especially when a majority of the xcurrency is also owned by soon to be company shareholders? Any thoughts?

This should be answered ASAP as it was the first thing I thought of

Paypall is a corporation and other corporations accept them. Having XC as a company will give credibility to the Business world to Our Platform expecially for web 3.0 applications. Xc Could have the Potential to shape the New Internet and be the new Currency of this new Internet in the same time.. Why people will not want to use it. We are going for main stream adoption not for Crypto niche Nerds.

One question that I have is will XC have a board of Directors? will dan be the CTO? will there be a CTO? what if Microsoft will want to buy it? will the CTO sign the Deal withouth the Community/shareHolders have a voice on it? will there be an official Board of Share Holders now as the Major corporations to talk about future decisions?

Edit:

Maybe we can do a community/share holders voting system for the Decisions to be made like for Example 100 shares Equal one Vote...my 2 XCs

Your 2 XCs now = .2 XCshare. Lol.

Thanks for all the feedback, believe me the questions are going to get much tougher. There are a lot of things the team needs to consider, there will be a fine line between the company and the currency. There may be no organic connection between the two, but they will both be inextricably connected; if there is bad news about xc inc the company you can be certain it will affect the value of xcurrency.

I'm not trying to be a naysayer, I'm just asking these questions before outsiders come in here and ask them. I am fully invested in xc, sold all my btc and don't plan on selling my xcurrency anytime soon.  

Indeed. There are a whole lot of questions we're consulting on. It's a multifaceted and complex thing.

Put it this way though:
- XC the currency would thrive due to fundamentals like liquidity, fiat gateways, app quality and pervasiveness, being free and open source, etc.
- XC Inc. would thrive due to continued innovation, the success of its platforms, etc.
- So they're distinct (though associated) tokens of value.
- Therefore if, say, Microsoft buys XC Inc, it wouldn't thereby own XC the currency and wouldn't have any direct control over it at all. But it would over XC Inc.

I'm comfortable with the value of one affecting the value of the other.

I'm equally comfortable with their fundamentals being distinct, and very happy that owning one cannot mean controlling the other.

Just imagine the day XC Inc. sells for 6 BILLION+... our marketcap now is under 4 MIL...   THIS is the undervalue part that people aren't looking at.   Don't know what needs to be done to rub it into people's thick skull.

You missed GOOG, FB, TWTR IPO?  well... there's XC....

Buying a stock is not the same as buying a coin. XCurrency is not even incorporated. We have to hope for financial usage like bitcoin, then the price will go up.

[CryptoGretzky]

One concern I have is that creating xc inc. will deter people from using xcurrency, and once xc is a corporation, competing companies may not want to accept xcurrency. This is exciting news and I am intrigued, however there seems to be a catch 22 here. The explosion of btc and crypto can be attributed to their decentralized nature, how does xcurrency plan on remaining decentralized, especially when a majority of the xcurrency is also owned by soon to be company shareholders? Any thoughts?

This should be answered ASAP as it was the first thing I thought of

Paypall is a corporation and other corporations accept them. Having XC as a company will give credibility to the Business world to Our Platform expecially for web 3.0 applications. Xc Could have the Potential to shape the New Internet and be the new Currency of this new Internet in the same time.. Why people will not want to use it. We are going for main stream adoption not for Crypto niche Nerds.

One question that I have is will XC have a board of Directors? will dan be the CTO? will there be a CTO? what if Microsoft will want to buy it? will the CTO sign the Deal withouth the Community/shareHolders have a voice on it? will there be an official Board of Share Holders now as the Major corporations to talk about future decisions?

Edit:

Maybe we can do a community/share holders voting system for the Decisions to be made like for Example 100 shares Equal one Vote...my 2 XCs

Your 2 XCs now = .2 XCshare. Lol.

Thanks for all the feedback, believe me the questions are going to get much tougher. There are a lot of things the team needs to consider, there will be a fine line between the company and the currency. There may be no organic connection between the two, but they will both be inextricably connected; if there is bad news about xc inc the company you can be certain it will affect the value of xcurrency.

I'm not trying to be a naysayer, I'm just asking these questions before outsiders come in here and ask them. I am fully invested in xc, sold all my btc and don't plan on selling my xcurrency anytime soon.  

Indeed. There are a whole lot of questions we're consulting on. It's a multifaceted and complex thing.

Put it this way though:
- XC the currency would thrive due to fundamentals like liquidity, fiat gateways, app quality and pervasiveness, being free and open source, etc.
- XC Inc. would thrive due to continued innovation, the success of its platforms, etc.
- So they're distinct (though associated) tokens of value.
- Therefore if, say, Microsoft buys XC Inc, it wouldn't thereby own XC the currency and wouldn't have any direct control over it at all. But it would over XC Inc.

I'm comfortable with the value of one affecting the value of the other.

I'm equally comfortable with their fundamentals being distinct, and very happy that owning one cannot mean controlling the other.

Just imagine the day XC Inc. sells for 6 BILLION+... our marketcap now is under 4 MIL...   THIS is the undervalue part that people aren't looking at.   Don't know what needs to be done to rub it into people's thick skull.

You missed GOOG, FB, TWTR IPO?  well... there's XC....

Buying a stock is not the same as buying a coin. XCurrency is not even incorporated. We have to hope for financial usage like bitcoin, then the price will go up.

PDF: http://downloads.xc-official.com/images/14-09-23%20XCurrency%20begins%20launch%20preparations%20with%20%93bulletproofing%94%20measures%20and%20an%20ICO.pdf

Hmm... you must have missed the big announcement today....

[akula999]

OMG, I missed the announcement - damn work place internet and their firewalls!

Ok, So 10 coins of XC = 1 share of the company. Ok... fair, but i don't have too many coins. Will have to buy some. Oh man.. need cash.

[cryptico]

OMG, I missed the announcement - damn work place internet and their firewalls!

Ok, So 10 coins of XC = 1 share of the company. Ok... fair, but i don't have too many coins. Will have to buy some. Oh man.. need cash.

will send you some soon

[tat123]

    7
    Boom.


Featured article in BitcoinMagazine on the "CoinJoin killer"!

When I read this article, I noticed it made a reference to XC being a company. Arlyn... did you get them to sneak in a clue
for us? 

[akula999]

OMG, I missed the announcement - damn work place internet and their firewalls!

Ok, So 10 coins of XC = 1 share of the company. Ok... fair, but i don't have too many coins. Will have to buy some. Oh man.. need cash.

will send you some soon

When I receive XC =

[synechist]

    7
Featured article in BitcoinMagazine on the "CoinJoin killer"!
[snip]

When I read this article, I noticed it made a reference to XC being a company. Arlyn... did you get them to sneak in a clue
for us? 

Perhaps it was the way I expressed myself in conversation. ;-)

[shakesbear]

I hate to be the one that always ask the tough question.

How many shares are there total for the ICO ?

[color]

[MKAxe11]

This mintpal new look with the new coins added is really nice..............

 
truly amazing!! piece of art!!!

it's a hole new trading experience  

[synechist]

I hate to be the one that always ask the tough question.

How many shares are there total for the ICO ?

Nice. Tough questions are good. They're almost always the most helpful.

We've not decided that yet, and are consulting on the details of it.

My guess is that there'll be more shares than the amount claimable by holders of XC, or else BTC/fiat/etc. holders won't be able to participate.

The number is not yet determined though.

[Sabretooth]

Just woke up to the news, very, very glad that only one of my profit taking sell orders was triggered last night.  Time to start staking again until the price settles.  I love bringing my XC babies home.

Credit to the team, well played, timed and perfect game plan!!  Looking forward to the next few months to see how things unfold.

[infinitechaos]

This mintpal new look with the new coins added is really nice..............

 
truly amazing!! piece of art!!!

it's a hole new trading experience  

Where are you seeing the new deployment?

[synechist]

Just woke up to the news, very, very glad that only one of my profit taking sell orders was triggered last night.  Time to start staking again until the price settles.  I love bringing my XC babies home.

Credit to the team, well played, timed and perfect game plan!!  Looking forward to the next few months to see how things unfold.

Hah. Good work.

Happy staking!

[CryptoGretzky]

I hate to be the one that always ask the tough question.

How many shares are there total for the ICO ?

Nice. Tough questions are good. They're almost always the most helpful.

We've not decided that yet, and are consulting on the details of it.

My guess is that there'll be more shares than the amount claimable by holders of XC, or else BTC/fiat/etc. holders won't be able to participate.

The number is not yet determined though.

To me, I think the important goal of the ICO is that you can draw in some BIG and influential investors that are willing to buy into shares of XC Inc.   If they can drive the share values of XC Inc to billion+, then the shares of current XC holder will be less of an impact.  Imagine 1% of 6 billions for example for a big XC holder.   That's still 60 million dollars worth of XC Inc. shares....    Of course hoping that it's higher than 1%, but Dan and team must use the shares wisely to draw in people that can bring us to places.

[mr_random]

I hate to be the one that always ask the tough question.

How many shares are there total for the ICO ?

Nice. Tough questions are good. They're almost always the most helpful.

We've not decided that yet, and are consulting on the details of it.

My guess is that there'll be more shares than the amount claimable by holders of XC, or else BTC/fiat/etc. holders won't be able to participate.

The number is not yet determined though.

Imo the only way to gain shares should be through being an XC holder. It will boost the price of XC. Anyone is free to buy XC through btc/fiat.

[Longenecker]

If XCurrency's altcoin price and XC Inc. are two separate things:

Any thoughts on how XC (altcoin) will retain, or increase in value while XC Inc grows?  Any thoughts on how it's price will correlate to XC Inc. share prices?

[ssmc2]

This mintpal new look with the new coins added is really nice..............

 
truly amazing!! piece of art!!!

it's a hole new trading experience  

Where are you seeing the new deployment?

+1

[MKAxe11]

This mintpal new look with the new coins added is really nice..............

 
truly amazing!! piece of art!!!

it's a hole new trading experience  

Where are you seeing the new deployment?

well, you have to use your imagination. otherwise you'll not be able to see the greatness

[cryptico]

OMG, I missed the announcement - damn work place internet and their firewalls!

Ok, So 10 coins of XC = 1 share of the company. Ok... fair, but i don't have too many coins. Will have to buy some. Oh man.. need cash.

will send you some soon

When I receive XC =

Sent

[akula999]

OMG, I missed the announcement - damn work place internet and their firewalls!

Ok, So 10 coins of XC = 1 share of the company. Ok... fair, but i don't have too many coins. Will have to buy some. Oh man.. need cash.

will send you some soon

When I receive XC =

Sent

You're awesome, i'll check when i get home. Still stuck at work for another 20-30 min.