synechist
Legendary
 Offline
Activity: 1190
Merit: 1000
To commodify ethicality is to ethicise the market
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October 28, 2014, 12:32:11 PM |
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Anyone else undecided on whether to buy into the ITO or not. If I hadn't lost money & buying power on XC it would have been an easy decision. XC has retracted so much and has likely bottomed out for now, it might be worth hanging on as it retraces back. On the other hand the ITO could easily pump beyond the ITO price over the next few weeks.
I'm in the exact same position. Only way I see the ITO pumping beyond the ITO price is if it sells out, I don't think that will happen. I think there's been a very positive response to the Blocknet and that it will sell out. There's no certainty, of course. |
Co-Founder, the Blocknet
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holyprofit
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October 28, 2014, 12:33:41 PM |
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Anyone else undecided on whether to buy into the ITO or not. If I hadn't lost money & buying power on XC it would have been an easy decision. XC has retracted so much and has likely bottomed out for now, it might be worth hanging on as it retraces back. On the other hand the ITO could easily pump beyond the ITO price over the next few weeks.
I'm in the exact same position. Only way I see the ITO pumping beyond the ITO price is if it sells out, I don't think that will happen. Yeah, agree. I was thinking of watching, waiting and reassessing. Keeping an eye on the amount selling is going to be key. Obviously a better exchange rate would be nice. In the short term, the likelihood of XC clawing back to where it was is more than the IPO price increasing by double in my view. The flip side is that the lower the amount of Blocks that sell in the ITO the more stake you will have in Blocknet. I think the recommended approach is to sit on the sidelines as the sell wall is eroded and then shit your pants at the last minute. That's certainly my plan. |
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Sabretooth
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October 28, 2014, 12:35:38 PM |
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Yeah don't expect much of a pump on release, the blocknet will deliver a decent, consistent passive income for years to come, but i doubt in the short term it is going to be pumped. people looking for quick turn around profit will most likely be disappointed.
Yeah thanks. I agree this seems likely. |
Uno: uVcEaDQ5MXcYRjSGY1E7FXfrtxGk6QKnBm
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Sabretooth
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October 28, 2014, 12:36:41 PM |
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Anyone else undecided on whether to buy into the ITO or not. If I hadn't lost money & buying power on XC it would have been an easy decision. XC has retracted so much and has likely bottomed out for now, it might be worth hanging on as it retraces back. On the other hand the ITO could easily pump beyond the ITO price over the next few weeks.
I'm in the exact same position. Only way I see the ITO pumping beyond the ITO price is if it sells out, I don't think that will happen. Yeah, agree. I was thinking of watching, waiting and reassessing. Keeping an eye on the amount selling is going to be key. Obviously a better exchange rate would be nice. In the short term, the likelihood of XC clawing back to where it was is more than the IPO price increasing by double in my view. The flip side is that the lower the amount of Blocks that sell in the ITO the more stake you will have in Blocknet. I think the recommended approach is to sit on the sidelines as the sell wall is eroded and then shit your pants at the last minute. That's certainly my plan. Yep I will take that advice for now, and keep a spare change of jocks handy just in case  |
Uno: uVcEaDQ5MXcYRjSGY1E7FXfrtxGk6QKnBm
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Sabretooth
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October 28, 2014, 12:38:32 PM |
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Anyone else undecided on whether to buy into the ITO or not. If I hadn't lost money & buying power on XC it would have been an easy decision. XC has retracted so much and has likely bottomed out for now, it might be worth hanging on as it retraces back. On the other hand the ITO could easily pump beyond the ITO price over the next few weeks.
I'm in the exact same position. Only way I see the ITO pumping beyond the ITO price is if it sells out, I don't think that will happen. I think there's been a very positive response to the Blocknet and that it will sell out. There's no certainty, of course. I hope it does, that would be truly awesome. Arlyn will we find out today the minimum amount needed for the project to go ahead? |
Uno: uVcEaDQ5MXcYRjSGY1E7FXfrtxGk6QKnBm
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reebokasss
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October 28, 2014, 12:44:07 PM |
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buy wall just disappear from bter, hope that guy come to bittrex and buy everything till 100k with him buy order (52btc) |
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synechist
Legendary
Offline
Activity: 1190
Merit: 1000
To commodify ethicality is to ethicise the market
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October 28, 2014, 12:48:22 PM |
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Anyone else undecided on whether to buy into the ITO or not. If I hadn't lost money & buying power on XC it would have been an easy decision. XC has retracted so much and has likely bottomed out for now, it might be worth hanging on as it retraces back. On the other hand the ITO could easily pump beyond the ITO price over the next few weeks.
I'm in the exact same position. Only way I see the ITO pumping beyond the ITO price is if it sells out, I don't think that will happen. I think there's been a very positive response to the Blocknet and that it will sell out. There's no certainty, of course. I hope it does, that would be truly awesome. Arlyn will we find out today the minimum amount needed for the project to go ahead? Yes we'll be releasing that info (and a fair bit more) a little later today. |
Co-Founder, the Blocknet
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the_game1224
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October 28, 2014, 12:52:45 PM |
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Anyone else undecided on whether to buy into the ITO or not. If I hadn't lost money & buying power on XC it would have been an easy decision. XC has retracted so much and has likely bottomed out for now, it might be worth hanging on as it retraces back. On the other hand the ITO could easily pump beyond the ITO price over the next few weeks.
I'm in the exact same position. Only way I see the ITO pumping beyond the ITO price is if it sells out, I don't think that will happen. I think there's been a very positive response to the Blocknet and that it will sell out. There's no certainty, of course. I hope it does, that would be truly awesome. Arlyn will we find out today the minimum amount needed for the project to go ahead? Yes we'll be releasing that info (and a fair bit more) a little later today. Great! Best of luck with the ITO. |
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BootstrapCoinDev
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October 28, 2014, 01:11:59 PM |
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Hello. Does anyone have an explication for such an enormous price drop? The only way i can think of would be an investor's fear that 2.5K BTC ito will possibly raze xc's singularity or diminish its reputation. Seems like among all the other coins applied for participation in blocknet only xc keeps losing in its value. Just look at trex charts: blocknet has been announced 10-20.2014 and next day 10-21.2014 a huge price drop occurred 0.00103733-0.00069996.
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Sabretooth
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October 28, 2014, 01:18:16 PM |
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Arlyn, perhaps one of the simplest ways of doing the exchange rate algorithm and one which would probably keep all coin holders happy might be to simply use the rate based upon the highest Currency:Bitcoin ratio it has had since the ITO announcement up to the actual ITO date, and keep it consistent for the period. This seems to benefit everyone, my guess is you will end up with more coins overall also.
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Uno: uVcEaDQ5MXcYRjSGY1E7FXfrtxGk6QKnBm
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cryptico
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October 28, 2014, 01:27:33 PM |
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Hello. Does anyone have an explication for such an enormous price drop? The only way i can think of would be an investor's fear that 2.5K BTC ito will possibly raze xc's singularity or diminish its reputation. Seems like among all the other coins applied for participation in blocknet only xc keeps losing in its value. Just look at trex charts: blocknet has been announced 10-20.2014 and next day 10-21.2014 a huge price drop occurred 0.00103733-0.00069996.
You have discovered Hot water |
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studentwiskunde
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October 28, 2014, 01:46:11 PM |
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Announcement
XCurrency price ticker
Exchange price info changed from MintPal to Poloniex
Download will be available within two hours on Google Play!
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Mountaingoat
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October 28, 2014, 01:48:08 PM |
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Announcement
XCurrency price ticker
Exchange price info changed from MintPal to Poloniex
Download will be available within two hours on Google Play!
Bittrex is a bit more accurate at the moment with the price due to the high volume. |
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synechist
Legendary
Offline
Activity: 1190
Merit: 1000
To commodify ethicality is to ethicise the market
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October 28, 2014, 01:59:12 PM |
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Arlyn, perhaps one of the simplest ways of doing the exchange rate algorithm and one which would probably keep all coin holders happy might be to simply use the rate based upon the highest Currency:Bitcoin ratio it has had since the ITO announcement up to the actual ITO date, and keep it consistent for the period. This seems to benefit everyone, my guess is you will end up with more coins overall also.
Interesting suggestion. Thanks. :-) |
Co-Founder, the Blocknet
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battbot
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October 28, 2014, 02:14:28 PM |
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Arlyn, perhaps one of the simplest ways of doing the exchange rate algorithm and one which would probably keep all coin holders happy might be to simply use the rate based upon the highest Currency:Bitcoin ratio it has had since the ITO announcement up to the actual ITO date, and keep it consistent for the period. This seems to benefit everyone, my guess is you will end up with more coins overall also.
Interesting suggestion. Thanks. :-) When will these finer details on ITO process be published? ITO is less than 24 hours away... I would think this is important information for investors as they consider whether or not to buy. |
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reebokasss
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October 28, 2014, 02:22:19 PM |
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im following thread today all day and waiting final realese about blocknet, less than 20 hours left.. i think its time to publish it.. or it will be published in last minutes? |
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synechist
Legendary
Offline
Activity: 1190
Merit: 1000
To commodify ethicality is to ethicise the market
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October 28, 2014, 02:23:08 PM |
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Arlyn, perhaps one of the simplest ways of doing the exchange rate algorithm and one which would probably keep all coin holders happy might be to simply use the rate based upon the highest Currency:Bitcoin ratio it has had since the ITO announcement up to the actual ITO date, and keep it consistent for the period. This seems to benefit everyone, my guess is you will end up with more coins overall also.
Interesting suggestion. Thanks. :-) When will these finer details on ITO process be published? ITO is less than 24 hours away... I would think this is important information for investors as they consider whether or not to buy. Very soon. |
Co-Founder, the Blocknet
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BootstrapCoinDev
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October 28, 2014, 02:46:00 PM |
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Hello. Does anyone have an explication for such an enormous price drop? The only way i can think of would be an investor's fear that 2.5K BTC ito will possibly raze xc's singularity or diminish its reputation. Seems like among all the other coins applied for participation in blocknet only xc keeps losing in its value. Just look at trex charts: blocknet has been announced 10-20.2014 and next day 10-21.2014 a huge price drop occurred 0.00103733-0.00069996.
You have discovered Hot water Nope, i've discovered why warm water (XC) freezes faster than cooler water (Apex, SSD, NHZ and so on) |
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atcsecure
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October 28, 2014, 02:51:36 PM |
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I have an updated Mobile app, which enables the QR-Code Scanning for sending coins http://downloads.xc-official.com/release/android/QtApp-debug-unaligned.apk* Note QR-Code scanning is still being developed, some minor bugs on different phones have been noted * Several internal changes to the mobile app are in the pipeline as well Dan |
Join the revolution - XC - Decentralized Trustless Multi-Node Private Transactions
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G-Bert
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October 28, 2014, 02:54:25 PM |
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shweet! will test this as soon as i get a chance. thanks Dan. |
XChat XJkVnYD4N4oSjNStgbAUD6UyWuBTWuMRgv
public key fuYPYmK4Sj57PkU2NKg1gKW91euMKkstQPeeexUcxnb8
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