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the_game1224
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October 10, 2014, 03:51:38 PM |
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CryptoGretzky probably means if you bought when we were in the 80-100k range back in June when BTC was at 600+ you'd be doing well.
1000XC at .0008 when BTC was $600 = $480 1000XC at .0013 now = $465 I've never understood when people say "bitcoin has dropped a ton but altcoin A hasn't". Since the value is tied to BTC yes it has dropped a lot. You can't just pick any point you want on the chart and make a reasonable argument. I can pick a point when XC was trading at .005 and if you bought then it would be a horrible investment relative to holding BTC. You can also pick a point when XC was trading at .0002. Like Synechist said, the initial pump is a different type of phenomenon. Choose points after the initial pump and maybe even after the second pump when it went back to .003. This is exactly my point. It has been stable in BTC value since the second .003 pump while BTC has decreased and since the value is tied to BTC it also has decreased. |
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JakeThePanda
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October 10, 2014, 03:57:45 PM |
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CryptoGretzky probably means if you bought when we were in the 80-100k range back in June when BTC was at 600+ you'd be doing well.
1000XC at .0008 when BTC was $600 = $480 1000XC at .0013 now = $465 I've never understood when people say "bitcoin has dropped a ton but altcoin A hasn't". Since the value is tied to BTC yes it has dropped a lot. You can't just pick any point you want on the chart and make a reasonable argument. I can pick a point when XC was trading at .005 and if you bought then it would be a horrible investment relative to holding BTC. You can also pick a point when XC was trading at .0002. Like Synechist said, the initial pump is a different type of phenomenon. Choose points after the initial pump and maybe even after the second pump when it went back to .003. This is exactly my point. It has been stable in BTC value since the second .003 pump while BTC has decreased and since the value is tied to BTC it also has decreased. If I was a betting man and there was somebody that could do the analysis, I would say that XC has spent much more time above the current price then below it. Do you know what that means? It means that on average you would have been better off holding BTC, assuming the holding period is still ongoing. A much better comparison would be to analyze the performance of XC against other altcoins, not versus to holding BTC. |
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the_game1224
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October 10, 2014, 04:00:35 PM |
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CryptoGretzky probably means if you bought when we were in the 80-100k range back in June when BTC was at 600+ you'd be doing well.
1000XC at .0008 when BTC was $600 = $480 1000XC at .0013 now = $465 I've never understood when people say "bitcoin has dropped a ton but altcoin A hasn't". Since the value is tied to BTC yes it has dropped a lot. You can't just pick any point you want on the chart and make a reasonable argument. I can pick a point when XC was trading at .005 and if you bought then it would be a horrible investment relative to holding BTC. You can also pick a point when XC was trading at .0002. Like Synechist said, the initial pump is a different type of phenomenon. Choose points after the initial pump and maybe even after the second pump when it went back to .003. This is exactly my point. It has been stable in BTC value since the second .003 pump while BTC has decreased and since the value is tied to BTC it also has decreased. If I was a betting man and there was somebody that could do the analysis, I would say that XC has spent much more time above the current price then below it. Do you know what that means? It means that on average and you would have been better off holding BTC, assuming the holding period is still ongoing. A much better comparison would be to analyze the performance of XC vs. other altcoins, not relative to BTC. Completely agree. |
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JakeThePanda
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October 10, 2014, 04:04:36 PM |
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CryptoGretzky probably means if you bought when we were in the 80-100k range back in June when BTC was at 600+ you'd be doing well.
1000XC at .0008 when BTC was $600 = $480 1000XC at .0013 now = $465 I've never understood when people say "bitcoin has dropped a ton but altcoin A hasn't". Since the value is tied to BTC yes it has dropped a lot. You can't just pick any point you want on the chart and make a reasonable argument. I can pick a point when XC was trading at .005 and if you bought then it would be a horrible investment relative to holding BTC. You can also pick a point when XC was trading at .0002. Like Synechist said, the initial pump is a different type of phenomenon. Choose points after the initial pump and maybe even after the second pump when it went back to .003. This is exactly my point. It has been stable in BTC value since the second .003 pump while BTC has decreased and since the value is tied to BTC it also has decreased. If I was a betting man and there was somebody that could do the analysis, I would say that XC has spent much more time above the current price then below it. Do you know what that means? It means that on average and you would have been better off holding BTC, assuming the holding period is still ongoing. A much better comparison would be to analyze the performance of XC vs. other altcoins, not relative to BTC. Completely agree. To expand on this. Since I was around during the initial altcoin pumps of Litecoin and Namecoin, it's been a trend that during a BTC bear market, you are better off selling out of altcoins and holding BTC. Most altcoins that aren't in the initial pump stage perform terribly relative to BTC when BTC is down trending. |
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hoertest
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October 10, 2014, 04:05:57 PM |
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any news expected today?
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Mountaingoat
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October 10, 2014, 04:24:37 PM |
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any news expected today?
I haven't seen anything yet. |
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Teka (OP)
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October 10, 2014, 04:30:01 PM |
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any news expected today besides cloak having asked Dan for a review.  , haha, talking bout reputation. i mean who is left to ask to review XC come the time. satoshi himself If you find him, let us know we would love him to do a review of XC code  |
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battbot
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October 10, 2014, 05:00:01 PM |
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Awesome, thanks Dan! You work too hard! |
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atcsecure
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October 10, 2014, 05:05:46 PM |
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Awesome, thanks Dan! You work too hard! Hopefully this release covers most of the bugs w/ the previous release and I can get to work on the OSX and Linux builds :-) |
Join the revolution - XC - Decentralized Trustless Multi-Node Private Transactions
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Ov3R
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October 10, 2014, 05:20:11 PM |
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IF someone really wants to accumulate there are 12,000 for sale at cryptsy at 130k... and a 14,500 buy wall @ 110k nom nom nom |
(B)asic (i)nstructions (T)o [C]ontrol [O]wn [in]terests
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braxx
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October 10, 2014, 05:24:42 PM |
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anyone up for testing this new release? It would be my first groupxchat... so I don't know what to expect or if anything is buggy? Let's make those releases for OSX and linux happen  |
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reebokasss
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October 10, 2014, 05:38:08 PM |
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IF someone really wants to accumulate there are 12,000 for sale at cryptsy at 130k... and a 14,500 buy wall @ 110k nom nom nom hope we wont reach 110k  i want to see mobile version, ITO, REV3 as quick as possible and finally see the awarding and rising very hope to see all these things till new years |
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dannyspk
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October 10, 2014, 05:48:08 PM |
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So, I've been away for 3 weeks now and I didn't touch my XC wallet during this time. It was last accessed and unlocked on the 19th of Sept. I come back today, unlock it and to my surprise, I've been getting more mined coins than I used to get. Is it because of their age? I've been staking since July..
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savagesam
Newbie
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Activity: 56
Merit: 0
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October 10, 2014, 06:15:56 PM |
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So, I've been away for 3 weeks now and I didn't touch my XC wallet during this time. It was last accessed and unlocked on the 19th of Sept. I come back today, unlock it and to my surprise, I've been getting more mined coins than I used to get. Is it because of their age? I've been staking since July..
] Yeah absolutely, if you dont open the wallet for a while you stake more coins because of their age, and the fact they havent been staking for a while. Had this happen to me after a month of not touching my XC wallet. it was awesome haha |
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Mountaingoat
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October 10, 2014, 06:17:58 PM |
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I think there is something wrong with the new wallet, it uses way too much bandwidth for some reason.
I had the wallet open and my Internet was really slow, slower than normally which is 2 Mb/s it went down to like 0,50 Mb/s and when I closed it it just went right back up again.
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braxx
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October 10, 2014, 06:23:28 PM |
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I think there is something wrong with the new wallet, it uses way too much bandwidth for some reason.
I had the wallet open and my Internet was really slow, slower than normally which is 2 Mb/s it went down to like 0,50 Mb/s and when I closed it it just went right back up again.
didn't notice any slower connection, but you are right... closed the wallet and bandwith went down... |
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xxxgoodgirls
Legendary
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Activity: 1092
Merit: 1001
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October 10, 2014, 06:25:31 PM |
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innovation doesn't count in the crypto world
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Longenecker
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October 10, 2014, 06:37:16 PM |
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innovation doesn't count in the crypto world
The opinions of women don't count in the real world. |
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almond
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October 10, 2014, 06:42:43 PM |
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innovation doesn't count in the crypto world
The opinions of women don't count in the real world. ....particularly if they work at microsoft and ask for a raise. |
Freedom of the press is guaranteed only to those who own one
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