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Author Topic: [XC][XCurrency] Decentralised Trustless Privacy Platform / Encrypted XChat / Pos  (Read 1484216 times)
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cryptico
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October 09, 2014, 11:58:32 AM
 #28461



You're right that a level price is not what we wanted or expected for XC.

On the other hand almost every other project's price has decreased, so relatively speaking we've done very well.

To my mind this speaks of the confidence that XC investors have.


Not exactly.  Price is still off about 80% since the initial pump.

DRK is off 200% since initial pump

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October 09, 2014, 12:04:47 PM
 #28462

i have the feeling the market is looking for new options right now. crucial times.and thats the buy and hold money, not the P&D money. like i said hope to see some small news and updates the next days. its just a gut feeling but i think a lot of eyes are on xc right now. u guys should get the core layout off the ito , especially the ratio for xc holders and max amount of shares, decided asap. this information could pull the buy trigger on alot of still not yet fully decided hands. Also those previews of teka are a massive crowd magnet, believe it or not. hope to see more this week.
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October 09, 2014, 12:07:27 PM
 #28463



You're right that a level price is not what we wanted or expected for XC.

On the other hand almost every other project's price has decreased, so relatively speaking we've done very well.

To my mind this speaks of the confidence that XC investors have.


Not exactly.  Price is still off about 80% since the initial pump.

DRK is off 200% since initial pump

 Roll Eyes  For your sake, I hope you are being sarcastic.
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October 09, 2014, 12:11:31 PM
 #28464

it seems that BTC are growing slow and steady, we need good news about XC
I think XC has plenty of good news. It might just need to be explained and presented.
It's closed source but had credibly stayed in the top 20 coins market cap wise for quite a while. We have a solid foundation.

the problem is we are staying at this level since june. Hopefully the price will rise in future and not dump instantly again

You're right that a level price is not what we wanted or expected for XC.

On the other hand almost every other project's price has decreased, so relatively speaking we've done very well.

To my mind this speaks of the confidence that XC investors have.

We are doing quite horribly actually.

The price should have been around at least 200k after the initial dump.
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October 09, 2014, 12:24:55 PM
 #28465

it seems that BTC are growing slow and steady, we need good news about XC
I think XC has plenty of good news. It might just need to be explained and presented.
It's closed source but had credibly stayed in the top 20 coins market cap wise for quite a while. We have a solid foundation.

the problem is we are staying at this level since june. Hopefully the price will rise in future and not dump instantly again

You're right that a level price is not what we wanted or expected for XC.

On the other hand almost every other project's price has decreased, so relatively speaking we've done very well.

To my mind this speaks of the confidence that XC investors have.

We are doing quite horribly actually.

The price should have been around at least 200k after the initial dump.

How do you figure we should be at 200k?

DRK is down by 83% and XC is down about 80% from their initial pumps.
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October 09, 2014, 12:29:09 PM
 #28466



You're right that a level price is not what we wanted or expected for XC.

On the other hand almost every other project's price has decreased, so relatively speaking we've done very well.

To my mind this speaks of the confidence that XC investors have.


Not exactly.  Price is still off about 80% since the initial pump.

DRK is off 200% since initial pump

 Roll Eyes  For your sake, I hope you are being sarcastic.

Im not I sold at top at 0.025 now is at 0.0067 do the mat.

What is my sake do with dark price??

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October 09, 2014, 12:38:09 PM
 #28467



You're right that a level price is not what we wanted or expected for XC.

On the other hand almost every other project's price has decreased, so relatively speaking we've done very well.

To my mind this speaks of the confidence that XC investors have.


Not exactly.  Price is still off about 80% since the initial pump.

DRK is off 200% since initial pump

 Roll Eyes  For your sake, I hope you are being sarcastic.

Im not I sold at top at 0.025 now is at 0.0067 do the mat.

You can be up 200% but how can you be down more than 100% from any given price?  I think that is the point he was trying to make.  To do the math, as you said to do, with your example numbers given, from 0.025 to 0.0067 is down 73.2%.
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October 09, 2014, 12:41:11 PM
 #28468



You're right that a level price is not what we wanted or expected for XC.

On the other hand almost every other project's price has decreased, so relatively speaking we've done very well.

To my mind this speaks of the confidence that XC investors have.


Not exactly.  Price is still off about 80% since the initial pump.

DRK is off 200% since initial pump

 Roll Eyes  For your sake, I hope you are being sarcastic.

Im not I sold at top at 0.025 now is at 0.0067 do the mat.

You can be up 200% but how can you be down more than 100% from any given price?  I think that is the point he was trying to make.  To do the math, as you said to do, with your example numbers given, from 0.025 to 0.0067 is down 73.2%.

Im sorry 0.0067*2=0.0134 0.0134*2=0.0268....so 200%

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October 09, 2014, 12:43:05 PM
 #28469

Small detail but:

Status: 123 confirmations, broadcast through 14 nodes
Date: 10/9/2014 11:30
Debit: 0.00 XC
Net amount: -200.00 XC
Transaction ID: 80b54d56abf05f49ac01ad7a9cfa14f79bda981b343c709f3a0808a5544044d6

Generated coins must mature 50 blocks before they can be spent. When you generated this block, it was broadcast to the network to be added to the block chain. If it fails to get into the chain, its state will change to "not accepted" and it won't be spendable. This may occasionally happen if another node generates a block within a few seconds of yours.


Have no idea how the dialogs are going to be in the new wallet but the text seems wrong to me
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October 09, 2014, 12:43:59 PM
 #28470



You're right that a level price is not what we wanted or expected for XC.

On the other hand almost every other project's price has decreased, so relatively speaking we've done very well.

To my mind this speaks of the confidence that XC investors have.


Not exactly.  Price is still off about 80% since the initial pump.

DRK is off 200% since initial pump

 Roll Eyes  For your sake, I hope you are being sarcastic.

Im not I sold at top at 0.025 now is at 0.0067 do the mat.

You can be up 200% but how can you be down more than 100% from any given price?  I think that is the point he was trying to make.  To do the math, as you said to do, with your example numbers given, from 0.025 to 0.0067 is down 73.2%.

Im sorry 0.0067*2=0.0134 0.0134*2=0.0268....so 200%

 Shocked
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October 09, 2014, 12:46:48 PM
 #28471



You're right that a level price is not what we wanted or expected for XC.

On the other hand almost every other project's price has decreased, so relatively speaking we've done very well.

To my mind this speaks of the confidence that XC investors have.


Not exactly.  Price is still off about 80% since the initial pump.

DRK is off 200% since initial pump

 Roll Eyes  For your sake, I hope you are being sarcastic.

Im not I sold at top at 0.025 now is at 0.0067 do the mat.

You can be up 200% but how can you be down more than 100% from any given price?  I think that is the point he was trying to make.  To do the math, as you said to do, with your example numbers given, from 0.025 to 0.0067 is down 73.2%.

Im sorry 0.0067*2=0.0134 0.0134*2=0.0268....so 200%

 Shocked

 can you explain where Im mistaken? I do not see it... ROBIN WILLIAMS

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October 09, 2014, 12:49:01 PM
 #28472



You're right that a level price is not what we wanted or expected for XC.

On the other hand almost every other project's price has decreased, so relatively speaking we've done very well.

To my mind this speaks of the confidence that XC investors have.


Not exactly.  Price is still off about 80% since the initial pump.

DRK is off 200% since initial pump

 Roll Eyes  For your sake, I hope you are being sarcastic.

Im not I sold at top at 0.025 now is at 0.0067 do the mat.

You can be up 200% but how can you be down more than 100% from any given price?  I think that is the point he was trying to make.  To do the math, as you said to do, with your example numbers given, from 0.025 to 0.0067 is down 73.2%.

Im sorry 0.0067*2=0.0134 0.0134*2=0.0268....so 200%

What kind of math is that?

The correct math is:

0.025 -.0067 = 0.0183

0.0183 / 0.025 = 0.732

0.732 * 100 = 73.2% or .0067 is 26.8% of the original 0.025 value.
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October 09, 2014, 12:49:39 PM
 #28473



You're right that a level price is not what we wanted or expected for XC.

On the other hand almost every other project's price has decreased, so relatively speaking we've done very well.

To my mind this speaks of the confidence that XC investors have.


Not exactly.  Price is still off about 80% since the initial pump.

I'm not sure what that remark implies.


Not implying anything. The price of most coins have gone down as much.  The XC price hasn't done any better than other comparable coins over the last 4 months or so. DRK is down about the same from it's highs and might have performed a little better than XC.

Fair enough. I suppose we're parsing the data differently.

The initial pump is a different phenomenon to the seasonal price action for coins.

After the initial pump XC has stayed mostly flat. In comparison, most coins this season have gone down.



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October 09, 2014, 12:51:43 PM
 #28474



You're right that a level price is not what we wanted or expected for XC.

On the other hand almost every other project's price has decreased, so relatively speaking we've done very well.

To my mind this speaks of the confidence that XC investors have.


Not exactly.  Price is still off about 80% since the initial pump.

DRK is off 200% since initial pump

 Roll Eyes  For your sake, I hope you are being sarcastic.

Im not I sold at top at 0.025 now is at 0.0067 do the mat.

You can be up 200% but how can you be down more than 100% from any given price?  I think that is the point he was trying to make.  To do the math, as you said to do, with your example numbers given, from 0.025 to 0.0067 is down 73.2%.

Im sorry 0.0067*2=0.0134 0.0134*2=0.0268....so 200%

What kind of math is that?

The correct math is:

0.025 -.0067 = 0.0183

0.0183 / 0.025 = 0.732

0.732 * 100 = 73.2% or .0067 is 26.8% of the original 0.025 value.


Is the correct math. if I bought 100 BTC at 0.025 and sell at 0.0067 I would have 25 btc right now that is a 200% decrease in the tot amount of BTC I initially invested are you fuking crazy guys you do not see this?Huh

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October 09, 2014, 12:52:03 PM
 #28475

For the record, for a price to go down 200% from a given point, it would first have to go down 100%, at which point the price would be zero.

After that, it would wander off into negative value.

So we can safely assume that no coin has dropped by 200% thus far. :-)

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October 09, 2014, 12:54:40 PM
 #28476



 can you explain where Im mistaken? I do not see it... ROBIN WILLIAMS

Is this a reference to the movie "Good Will Hunting"?  Compared to you, I'm Will Hunting.  Cheesy
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October 09, 2014, 12:55:33 PM
 #28477

Is the correct math. if I bought 100 BTC at 0.025 and sell at 0.0067 I would have 25 btc right now that is a 200% decrease in the tot amount of BTC I initially invested are you fuking crazy guys you do not see this?Huh

Cryptico you're measuring the initial amount in terms of the remaining amount. Your 200% means that the initial amount is 200% higher than the remaining amount.

This is what is meant by the term "200% gain".

For a decrease in value, you need to measure the remaining amount in terms of the initial amount (i.e. the opposite way round). This would be (100BTC - 25BTC)/100BTC = 75% loss.


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October 09, 2014, 12:58:59 PM
 #28478

Is the correct math. if I bought 100 BTC at 0.025 and sell at 0.0067 I would have 25 btc right now that is a 200% decrease in the tot amount of BTC I initially invested are you fuking crazy guys you do not see this?Huh

Cryptico you're measuring the initial amount in terms of the remaining amount. Your 200% means that the initial amount is 200% higher than the remaining amount.

This is what is meant by the term "200% gain".

For a decrease in value, you need to measure the remaining amount in terms of the initial amount (i.e. the opposite way round). This would be 100 - 25/100 = 75% loss.



Ah ok I get it now the way you see it  Grin Grin I see it in terms of gain so if I would not have sold I could have lost 200% of my tot gain that is what I meant.. If I initially invested 25 and then went up to 100 i would have gained 200% this would have been lost if I would not have sold.

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laredo7mm
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October 09, 2014, 01:03:32 PM
 #28479

Is the correct math. if I bought 100 BTC at 0.025 and sell at 0.0067 I would have 25 btc right now that is a 200% decrease in the tot amount of BTC I initially invested are you fuking crazy guys you do not see this?Huh

Cryptico you're measuring the initial amount in terms of the remaining amount. Your 200% means that the initial amount is 200% higher than the remaining amount.

This is what is meant by the term "200% gain".

For a decrease in value, you need to measure the remaining amount in terms of the initial amount (i.e. the opposite way round). This would be 100 - 25/100 = 75% loss.



Ah ok I get it now the way you see it  Grin Grin I see it in terms of gain so if I would not have sold I could have lost 200% of my tot gain that is what I meant.. If I initially invested 25 and then went up to 100 i would have gained 200% this would have been lost if I would not have sold.

How can you lose more than 100% of anything?  You can be up 10,000% and if you lost it all, you lost 100%.
wooder
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October 09, 2014, 01:06:20 PM
 #28480



You're right that a level price is not what we wanted or expected for XC.

On the other hand almost every other project's price has decreased, so relatively speaking we've done very well.

To my mind this speaks of the confidence that XC investors have.


Not exactly.  Price is still off about 80% since the initial pump.

I'm not sure what that remark implies.


Not implying anything. The price of most coins have gone down as much.  The XC price hasn't done any better than other comparable coins over the last 4 months or so. DRK is down about the same from it's highs and might have performed a little better than XC.

Fair enough. I suppose we're parsing the data differently.

The initial pump is a different phenomenon to the seasonal price action for coins.

After the initial pump XC has stayed mostly flat. In comparison, most coins this season have gone down.




i wouldn't see it like this. PPC rised, ANC rised because of the expected zerocoin implementation, blackcoin rised after it's drop again.

it's true that DRK and Monero our direct competitors lost value but DRK started at the same price level we are right now but it's still at higher price level after the massive drop

It's true that some scam coins dumped but we had no lasting movement in price and this is what disturbs me most.
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