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

[policymaker]

echmm....

So if the Developers are going to be paid in "little amounts" over the course of the project then why can we not pay in "little amounts" to fund it through smaller staggered funding events.  That seems a little hypocritical that WE are expected to pay the whole amount up front and then you tell me it gets divvied up to developers in small amounts.

Sorry to ask a question that could cause fear uncertainty and doubt but I have asked this question a few times and been ignored.
If we can buy into the blocknet using XC , does that mean that those XC could or would get dumped into the market and the price of XC will crash?
This is a really important question for us. We need an answer.

None of the coins used are going to be dumped.

You cannot really say that... You are ITOing for close to 1M in alt coins most likely.

This is going to be needed to pay the developers of the BlockNet which in turn are more than likely going to sell these coins to actually be able to pay for their expenses.

Depending on the ETA of the development, you guys will basically be selling for 2500 BTC worth of coins between the ITO and the final release.

The total ICO is less than 1M,  and not all is from altcoins, only a percentage of that would be.  the rest is in btc

To quote the FAQ:

Will the ITO collect a large number of coins and then dump them to cover expenses?
-   No. Coins will not be dumped. They will be paid to developers in little amounts, over the duration of the project. Therefore the ITO will not decrease the value of participating coins.
-   What this does is increase actual usage of the coins. It won't suppress their price.

Wouldn't it be inefficient to have every time a small funding event? Like what? an ITO? like every 3 months or so? Apart from that, a new company/project/startup always wants to attract capital and investment from the get-go, so they are able to make a business plan, determine production/costs etc. Sure, in crypto world asking for a lot of money upfront can be considered AT LEAST a high risk investment, but then again, blocknet wont be the first one to ask for funding, and if one sweats at this high risk investment there's always gold for him to buy...

Last but not least, I would dare say that if these teams fail to deliver we might as well just scrap crypto alltogether, unless you believe taking part in an IPO/ITO of a new scam coin for something like 100 BTC is safer or sustainable long term... And that would make you(just an example, not attacking you personally) a hypocrite, because we all know you would be just thinking of exploiting the ITO spikes and making quick BTC out of it

[tat123]

Teka... quick question. Did Ursay get banned from the XC thread?

I've been banned from a thread before (not xc related) so I have a general idea of what it looks like.  Deleted posts kind of look similar then it comes into your inbox.  I jumped to conclusions and thought I was banned when I saw the deleted posts in bold.  It was my fault for not looking closely enough and I've edited the threads where I mention that I was banned.  I've also apologized to the xc team for any misunderstanding.  I will say it again...I'm sorry that I may of made a tense situation yesterday worse then it needed to be.

Ursay... you are entertaining a lot of trolls in your thread. That is your business, but some of the allegations are really crossing the line. Dan is being manipulated by whales? You do know Aristophanes is pookielax31... don't you?

[akula999]

I wish a whale would manipulate me, i need the money 

[URSAY]

Teka... quick question. Did Ursay get banned from the XC thread?

I've been banned from a thread before (not xc related) so I have a general idea of what it looks like.  Deleted posts kind of look similar then it comes into your inbox.  I jumped to conclusions and thought I was banned when I saw the deleted posts in bold.  It was my fault for not looking closely enough and I've edited the threads where I mention that I was banned.  I've also apologized to the xc team for any misunderstanding.  I will say it again...I'm sorry that I may of made a tense situation yesterday worse then it needed to be.

Ursay... you are entertaining a lot of trolls in your thread. That is your business, but some of the allegations are really crossing the line. Dan is being manipulated by whales? You do know Aristophanes is pookielax31... don't you?

I'm not denying that trolls exist.  However, I think open discussion is important from both sides, within reason.  I'm not fully aware if Aristophanes is actually pookielax31 and honestly I'm not well versed on pookielax31's story.

[tr8kr]

I wish a whale would manipulate me, i need the money 

lol have you already seen the size of a whale mojo ? ouch !

[synechist]

Teka... quick question. Did Ursay get banned from the XC thread?

I've been banned from a thread before (not xc related) so I have a general idea of what it looks like.  Deleted posts kind of look similar then it comes into your inbox.  I jumped to conclusions and thought I was banned when I saw the deleted posts in bold.  It was my fault for not looking closely enough and I've edited the threads where I mention that I was banned.  I've also apologized to the xc team for any misunderstanding.  I will say it again...I'm sorry that I may of made a tense situation yesterday worse then it needed to be.

Thank you Ursay.

Apologies for the misunderstanding on our side too. We didn't want to give you the impression you were banned.

[mr_random]

Hmm... the more I think about the Blocknet stuff, the more I am growing with uncertainty. Of course, I think it's quite a brilliant project. But is it going to weaken the position of XC? The price drop since the Blocknet announcement reflects that opinion.

Things that concern me are:

- People will be able to use the private transactions of XC via the blocknet
- XBridge which will be open source and used by all the blocknet coins, is based on Xnodes

The more I think about it, the more I would have liked to have seen XC feature more of a central role in the Blocknet.

This Blocknet stuff doesn't seem specially connected to XC anymore than any of the other coins that take part. Or am I misunderstanding? Of course Dan is involved and there is the XBridge, but none of that helps the value of XC.

If I'm missing something, please let me know. Because I'm an XC supporter and follow the XC events fairly closely.

[synechist]

Hmm... the more I think about the Blocknet stuff, the more I am growing with uncertainty. Of course, I think it's quite a brilliant project. But is it going to weaken the position of XC? The price drop since the Blocknet announcement reflects that opinion.

Things that concern me are:

- People will be able to use the private transactions of XC via the blocknet
- XBridge which will be open source and used by all the blocknet coins, is based on Xnodes

The more I think about it, the more I would have liked to have seen XC feature more of a central role in the Blocknet.

This Blocknet stuff doesn't seem specially connected to XC anymore than any of the other coins that take part. Or am I misunderstanding? Of course Dan is involved and their is the XBridge, but none of that helps the value of XC.

If I'm missing something, please let me know. Because I'm an XC supporter and follow the XC events fairly closely.

Hey Mr_Random

In my opinion, to wonder whether XC is weakens by people using XC's private transactions over the Blocknet is like wondering whether using Google over the internet weakens Google. :-)

The Blocknet means a massively increased user-base for XC, the leading privacy service provider.

There's no better way to spread awareness about a product than actual usage. And in addition Xnodes will get fees for mixing.

[Come-In-Behind]

Hmm... the more I think about the Blocknet stuff, the more I am growing with uncertainty. Of course, I think it's quite a brilliant project. But is it going to weaken the position of XC? The price drop since the Blocknet announcement reflects that opinion.

Things that concern me are:

- People will be able to use the private transactions of XC via the blocknet
- XBridge which will be open source and used by all the blocknet coins, is based on Xnodes

The more I think about it, the more I would have liked to have seen XC feature more of a central role in the Blocknet.

This Blocknet stuff doesn't seem specially connected to XC anymore than any of the other coins that take part. Or am I misunderstanding? Of course Dan is involved and their is the XBridge, but none of that helps the value of XC.

If I'm missing something, please let me know. Because I'm an XC supporter and follow the XC events fairly closely.

Hey Mr_Random

In my opinion, to wonder whether XC is weakens by people using XC's private transactions over the Blocknet is like wondering whether using Google over the internet weakens Google. :-)

The Blocknet means a massively increased user-base for XC, the leading privacy service provider.

There's no better way than actual usage to spread awareness about a product. And of course Xnodes will get fees for mixing.

Again, I agree with mr_random,I believe the coins that are going to play a direct role in the blocknet intially(and that means XC and NHZ from what I could see and prob. others) should be the "core group" of coins. This would create a solid base from those coins that would provide most of what the blocknet would offer initially.

[tat123]

Teka... quick question. Did Ursay get banned from the XC thread?

I've been banned from a thread before (not xc related) so I have a general idea of what it looks like.  Deleted posts kind of look similar then it comes into your inbox.  I jumped to conclusions and thought I was banned when I saw the deleted posts in bold.  It was my fault for not looking closely enough and I've edited the threads where I mention that I was banned.  I've also apologized to the xc team for any misunderstanding.  I will say it again...I'm sorry that I may of made a tense situation yesterday worse then it needed to be.

Ursay... you are entertaining a lot of trolls in your thread. That is your business, but some of the allegations are really crossing the line. Dan is being manipulated by whales? You do know Aristophanes is pookielax31... don't you?

I'm not denying that trolls exist.  However, I think open discussion is important from both sides, within reason.  I'm not fully aware if Aristophanes is actually pookielax31 and honestly I'm not well versed on pookielax31's story.

I found it quite funny when you asked him for proof and he replied with a theoretical analogy. How is that insider information?

[synechist]

Hmm... the more I think about the Blocknet stuff, the more I am growing with uncertainty. Of course, I think it's quite a brilliant project. But is it going to weaken the position of XC? The price drop since the Blocknet announcement reflects that opinion.

Things that concern me are:

- People will be able to use the private transactions of XC via the blocknet
- XBridge which will be open source and used by all the blocknet coins, is based on Xnodes

The more I think about it, the more I would have liked to have seen XC feature more of a central role in the Blocknet.

This Blocknet stuff doesn't seem specially connected to XC anymore than any of the other coins that take part. Or am I misunderstanding? Of course Dan is involved and their is the XBridge, but none of that helps the value of XC.

If I'm missing something, please let me know. Because I'm an XC supporter and follow the XC events fairly closely.

Hey Mr_Random

In my opinion, to wonder whether XC is weakens by people using XC's private transactions over the Blocknet is like wondering whether using Google over the internet weakens Google. :-)

The Blocknet means a massively increased user-base for XC, the leading privacy service provider.

There's no better way than actual usage to spread awareness about a product. And of course Xnodes will get fees for mixing.

Again, I agree with mr_random,I believe the coins that are going to play a direct role in the blocknet intially(and that means XC and NHZ from what I could see-an asset exchange would be make ontop that coin) should be the "core group" of coins. This would create a solid base from those coins that would provide most of what the blocknet would offer.

I think that if there was any distinction between core coins and peripheral coins, we'd
- not be a true "internet of blockchains", since the framework wouldn't be open, democratic, and indefinitely extensible
- lose our edge against Supernet


Edit: also there's no effective difference between being a core coin and being a leading service provider.

So with the Blocknet, XC's position will be as strong, without the centralisation.

Works for me.

[policymaker]

Hmm... the more I think about the Blocknet stuff, the more I am growing with uncertainty. Of course, I think it's quite a brilliant project. But is it going to weaken the position of XC? The price drop since the Blocknet announcement reflects that opinion.

Things that concern me are:

- People will be able to use the private transactions of XC via the blocknet
- XBridge which will be open source and used by all the blocknet coins, is based on Xnodes

The more I think about it, the more I would have liked to have seen XC feature more of a central role in the Blocknet.

This Blocknet stuff doesn't seem specially connected to XC anymore than any of the other coins that take part. Or am I misunderstanding? Of course Dan is involved and their is the XBridge, but none of that helps the value of XC.

If I'm missing something, please let me know. Because I'm an XC supporter and follow the XC events fairly closely.

Hey Mr_Random

In my opinion, to wonder whether XC is weakens by people using XC's private transactions over the Blocknet is like wondering whether using Google over the internet weakens Google. :-)

The Blocknet means a massively increased user-base for XC, the leading privacy service provider.

There's no better way to spread awareness about a product than actual usage. And in addition Xnodes will get fees for mixing.

I can relate to mr randoms concerns, but if XC shines through blocknet and after rev3 gets mass adoption and recognition by the community, its price will soar high anyway, and the innate ability and commitment of profitable xmixers will be more than enough to motivate more and more people to invest in xmixers. My only concern is the team's approach of rev3 XC platform's launch; if it gets the promotion and respect as an industry leading product/service, there is really no limit. I actually dont want to invest THAT much XC in blocknet, so I can have XC commited to the XC ITO.

To my very little experience, yes, watching price getting pumped is really nice to our psychology, but the hard truth is that alt crypto scene is being played by whales, only btc gets the real-world (simulated, even) treatment. Watching the XC price fall, when there is CLEARLY nothing fundamentally wrong, is like saying that you are getting out of btc because at some point its price peaked 1,2k and now its just 400 bucks. XC and BTC are actually a lot alike, you have dell/paypal and other cool stuff announced yet price either swings a bit up then down or just downright crashes. But then people stay commited and actually buy more, because they know what btc can achieve.

[hoertest]

Hmm... the more I think about the Blocknet stuff, the more I am growing with uncertainty. Of course, I think it's quite a brilliant project. But is it going to weaken the position of XC? The price drop since the Blocknet announcement reflects that opinion.

Things that concern me are:

- People will be able to use the private transactions of XC via the blocknet
- XBridge which will be open source and used by all the blocknet coins, is based on Xnodes

The more I think about it, the more I would have liked to have seen XC feature more of a central role in the Blocknet.

This Blocknet stuff doesn't seem specially connected to XC anymore than any of the other coins that take part. Or am I misunderstanding? Of course Dan is involved and there is the XBridge, but none of that helps the value of XC.

If I'm missing something, please let me know. Because I'm an XC supporter and follow the XC events fairly closely.

i assume you have enough XC to host some mixers. the blocknet will bring you more fees than XC community alone would have ever could. imagine a bitcoin wallet with the xbridge.

I think i see where your concerns are coming from. the Bitcoin holders wouldn't have to buy xc first if they wanted to use it so you are concerned about the buying pressure. this is true in the short beginning BUT every coin like XC that gets used alot because of its features and generates revenue is still the much more attractive hold than those "reciever coins" on blocknet. so naturally the buying pressure for coins like XC that make you earn while you hold will develope the same like before the blocknet. just with much increased user base and by so earning oportunity.

[flashbit]

I would be much happier if we were over 001 again. I do think when Dan releases the mobile app the trend will reverse and confidence level much higher. My suggestion to XC investors is hold!

[synechist]

Hmm... the more I think about the Blocknet stuff, the more I am growing with uncertainty. Of course, I think it's quite a brilliant project. But is it going to weaken the position of XC? The price drop since the Blocknet announcement reflects that opinion.

Things that concern me are:

- People will be able to use the private transactions of XC via the blocknet
- XBridge which will be open source and used by all the blocknet coins, is based on Xnodes

The more I think about it, the more I would have liked to have seen XC feature more of a central role in the Blocknet.

This Blocknet stuff doesn't seem specially connected to XC anymore than any of the other coins that take part. Or am I misunderstanding? Of course Dan is involved and there is the XBridge, but none of that helps the value of XC.

If I'm missing something, please let me know. Because I'm an XC supporter and follow the XC events fairly closely.

i assume you have enough XC to host some mixers. the blocknet will bring you more fees than XC community alone would have ever could. imagine a bitcoin wallet with the xbridge.

I think i see where your concerns are coming from. the Bitcoin holders wouldn't have to buy xc first if they wanted to use it so you are concerned about the buying pressure. this is true in the short beginning BUT every coin like XC that gets used alot because of its features and generates revenue is still the much more attractive hold than those "reciever coins" on blocknet. so naturally the buying pressure for coins like XC that make you earn while you hold will develope the same like before the blocknet. just with much increased user base and by so earning oportunity.

Minor addition to that: to have one's coins mixed, they'd have to be converted to XC first - at the decentralised exchange.

Then the XC would be mixed and sent in fragments to multiple recipient addresses.

Those addresses could then be converted to whatever currency the user wants.

So Xmixers would get all the fees. :-)

[akula999]

Hmm... the more I think about the Blocknet stuff, the more I am growing with uncertainty. Of course, I think it's quite a brilliant project. But is it going to weaken the position of XC? The price drop since the Blocknet announcement reflects that opinion.

Things that concern me are:

- People will be able to use the private transactions of XC via the blocknet
- XBridge which will be open source and used by all the blocknet coins, is based on Xnodes

The more I think about it, the more I would have liked to have seen XC feature more of a central role in the Blocknet.

This Blocknet stuff doesn't seem specially connected to XC anymore than any of the other coins that take part. Or am I misunderstanding? Of course Dan is involved and their is the XBridge, but none of that helps the value of XC.

If I'm missing something, please let me know. Because I'm an XC supporter and follow the XC events fairly closely.

Hey Mr_Random

In my opinion, to wonder whether XC is weakens by people using XC's private transactions over the Blocknet is like wondering whether using Google over the internet weakens Google. :-)

The Blocknet means a massively increased user-base for XC, the leading privacy service provider.

There's no better way than actual usage to spread awareness about a product. And of course Xnodes will get fees for mixing.

Again, I agree with mr_random,I believe the coins that are going to play a direct role in the blocknet intially(and that means XC and NHZ from what I could see and prob. others) should be the "core group" of coins. This would create a solid base from those coins that would provide most of what the blocknet would offer initially.

Just throwing it out there, but wouldn't it make more sense to just merge the coins together into one coin, one symbol, one company, one direction, united?

[Mountaingoat]

The volume on Bittrex is pretty high now.

[wooder]

...
exchanges conspiring with whales etc love it
....

plus you don't even have to be a whale to move price by 10-15%.
If tiny $350 can do 6% :

i bought around 90k a few hundred XCs. I believe in this coin and my desperation yesterday was more like a cognitive dissonance.

To bring in some constructive inputs:

I think we should focus on real world value and describe the anontech in XC in more detail.

It would also for shure be a good idea to motivate people to try to crack XC's anon algorithm by providing a bounty to someone that can
describe how he could find a "way" through the blockchain. I think even if someone would find a hole and the bounty would be
10 bitcoin this would help the coin as it would help to harden the anon system and present a "shining star" when REV3 is released

[URSAY]

Are there any specific plans or goals for software release(s) before the 29th that will inspire investor and user confidence?  It seems like we may of moved from XChat development on traditional systems to mobile development?  I realize you are very busy with the upcoming release of BlockNet infrastructure.  Thanks.

[synechist]

Are there any specific plans or goals for software release(s) before the 29th that will inspire investor and user confidence?  It seems like we may of moved from XChat development on traditional systems to mobile development?  I realize you are very busy with the upcoming release of BlockNet infrastructure.  Thanks.

A stable release of XChat across all platforms.