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

[qawzsx]

Poloniex BLOCK trading MUST be stopped.

[akula999]

I only have left ~400 XC coins. Where do I buy blocknet tokens? I see coins are being sold on Poloniex, but I cannot see the tokens there. Also, where do i get my 10% discount for exchanging 100 XC coins for the equivalent of block tokens?

[PaidFudder]

Lets say XC was a uniqe and effective knife on the altcoin market. Now a leatherman (blocknet), containing the exact same knife which was uniqe once and other usable things like a fork, is available for sale.Will the price of the knife fall due to less demand?
for me the answer is clear  
edit*in this thought experiment the price of the single knife even would be 3x of the leatherman.
lool
where's the mistake?

[akula999]

Lets say XC was a uniqe and effective knife on the altcoin market. Now a leatherman, containing the exact same knife which was uniqe once and other usable things like a fork ,is available for sale.Will the price of the knife fall due to less demand?
for me the answer is clear  

LOL you just made this even more confusing.

[hoertest]

Lets say XC was a uniqe and effective knife on the altcoin market. Now a leatherman, containing the exact same knife which was uniqe once and other usable things like a fork ,is available for sale.Will the price of the knife fall due to less demand?
for me the answer is clear  

bad metaphor.
the demand for the knife here can't fall since its still the exact same knife here only existing once with blocknet. the knive in your leatherman acts like a second new knive that is a direct competitor. thats not equivalent to the situation of XC with the blocknet present. its more like a knive owner, a fork owner and some more guys with unique tools form an alliance that makes it possible for each member to borrow the other guys tools for a fee. so the knive is still unique but from time to time the knive owner will make some extra money cause one of the alliance bros is using it. the tool getting borrowed the most in the alliance will turn out to be also the most valuable to buy.
thats the right metaphor. youre welcome

[policymaker]

to all the "new" guys feeling confident of their trading skills imo:

Sell XC, buy block, then see if you can augment ur position. Dont take my word for it, do ur homework and see if its any good. Imo if you can't form an xmixer, you should really see the possibility of profiting from blocknet, then reinvesting in XC. XC will bounce back- hard. But certainly not tomorrow, or next week, I M O. And im a noob, so there's that.

short term, yeah, it might not be great, but then, you have to consider a couple of things:

1) Not every1 is a great trader. I have accumulated just enough to have some xmixers, and I am still debating in my head whether I should sell more XC for blocknet. Thus, why take the risk and sell XC, if you are not certain you can profit from it? Remember that xmixers directly profit from private transactions, and the up to the day testing has proven that with the minimal network traffic, users were able to profit by sums relative to daily staking . With blocknet, multiply that profit by 100, as the blocknet's network traffic and thus private transactions will be massive compared to just XC's network, cause lets face it, not every1 bought into XC or is willing to, for his own reasons.

2) There is the XC ITO as well. Even if you have complete faith in your trading ability, maybe the timeframe doesnt fit, and you are forced to give up on XC ITO tokens. Remember that you get 1 free XC ITO token for just HOLDING 10 XC. No need to sell or anything. Yes, the blocknet might be in the spotlight right now, and it is a HUGE, collaborative project, but Dan is the leaderin this effort and his work is the core, even though there is no central coin. You know, some1 has to code that thing:P. More people get into blocknet or become aware of it, Dan and team will take a lot of credit for its success and smooth operation, that will make people invest more into his projects.

3) Big holders and traders sell XC, take notice of the term "sell", not "dump". That implies two things, first that most of them intend of profiting and commiting back to XC at some point, and secondly, that there is nothing wrong with the coin itself. There shouldnt be any mistrust or frustration at the pace of develpment, thus you dont dump, you just sell for various reasons. This also means that a lot of newcomers find a new entry point to invest into XC, and coin wealth is redistributed.

4) There are many frustrated newcomers to the scene, myself being quite new, 6 months in this, but it is such a highly volatile environment that every month of experience in here is like 1 year in other more stable markets. Take notice of last month's bitcoin price, then keep in mind that 6 months ago, 400~450$ was considered a couple of month's stable, then it spiked to 600~650 for at least another 2-3 months. There was LOT of profit from experienced traders, poured back right into the alts scene: mintpal was the king of volume, there were THOUSANDS of BTC PER TOP10 ALT traded every single day, and XC was part of it. Then came sept/oct bitcoin crash to 350~400, mintpal hacking and A LOT of alt scene scams... BTC is the king, if it catches the flu it spreads to alt scene as well, if it rekts then alts wreck havoc as well.

5) Because of point 4 people are really skeptical of using exchanges, at least until one provides real proof that is 100% stable and longterm viable, thus stable, PoS long term projects like XC have no real value stacking in an exchange, just search the topic about user experiences losing THOUSANDS of XC in mintpal/moolah scam, resulting in really low XC volume making it easy for avid traders to manipulate XC and profit from it.

This is ofc a small timer's point of view by trying to study/analyse the last month's scene, and in no way patronising you, just thought it would be nice to share this



ps:conradjohnson, no, for this ITO you have to sell XC to coingateway(its really fast and secure), and they provide you with blocks(blocknet coin/shares). You get 10% more blocks if you do it with XC directly, rather than selling XC for btc and purchasing blocks with btc. The deal you are requiring is commited to the XC "company" ITO.

[PaidFudder]

Lets say XC was a uniqe and effective knife on the altcoin market. Now a leatherman, containing the exact same knife which was uniqe once and other usable things like a fork ,is available for sale.Will the price of the knife fall due to less demand?
for me the answer is clear  

bad metaphor.
the demand for the knife here can't fall since its still the exact same knife here only existing once with blocknet. the knive in your leatherman acts like a second new knive that is a direct competitor. thats not equivalent to the situation of XC with the blocknet present. its more like a knive owner, a fork owner and some more guys with unique tools form an alliance that makes it possible for each member to borrow the other guys tools for a fee. so the knive is still unique but from time to time the knive owner will make some extra money cause one of the alliance bros is using it. the tool getting borrowed the most in the alliance will turn out to be also the most valuable to buy.
thats the right metaphor. youre welcome

ah thanks!
that was new to me. so i get fees from the blocknet for holding xc ?
sounds nice
missing piece

[The-C-Word]

Lets say XC was a uniqe and effective knife on the altcoin market. Now a leatherman, containing the exact same knife which was uniqe once and other usable things like a fork ,is available for sale.Will the price of the knife fall due to less demand?
for me the answer is clear  

bad metaphor.
the demand for the knife here can't fall since its still the exact same knife here only existing once with blocknet. the knive in your leatherman acts like a second new knive that is a direct competitor. thats not equivalent to the situation of XC with the blocknet present. its more like a knive owner, a fork owner and some more guys with unique tools form an alliance that makes it possible for each member to borrow the other guys tools for a fee. so the knive is still unique but from time to time the knive owner will make some extra money cause one of the alliance bros is using it. the tool getting borrowed the most in the alliance will turn out to be also the most valuable to buy.
thats the right metaphor. youre welcome

ah thanks!
that was new to me. so i get fees from the blocknet for holding xc ?
sounds nice
missing piece

Well, you get payments from running your Xmixer. The blocknet just expands the user base. More users, more fees collected.

[akula999]

Then I need to somehow get up to 1000 XC to run the mixer/node. 

[hoertest]

Lets say XC was a uniqe and effective knife on the altcoin market. Now a leatherman, containing the exact same knife which was uniqe once and other usable things like a fork ,is available for sale.Will the price of the knife fall due to less demand?
for me the answer is clear  

bad metaphor.
the demand for the knife here can't fall since its still the exact same knife here only existing once with blocknet. the knive in your leatherman acts like a second new knive that is a direct competitor. thats not equivalent to the situation of XC with the blocknet present. its more like a knive owner, a fork owner and some more guys with unique tools form an alliance that makes it possible for each member to borrow the other guys tools for a fee. so the knive is still unique but from time to time the knive owner will make some extra money cause one of the alliance bros is using it. the tool getting borrowed the most in the alliance will turn out to be also the most valuable to buy.
thats the right metaphor. youre welcome

ah thanks!
that was new to me. so i get fees from the blocknet for holding xc ?
sounds nice
missing piece

yes but not directly from blocknet, u get fees when the unique mesh net mixer for private transactions that is ONLY present in XC will get cross use (borrowed) by blocknet users. thats great and like i said that coins that get alot of cross use for their unique features will look like attractive long term holds also, so the buypressure increases too.

[hoertest]

Then I need to somehow get up to 1000 XC to run the mixer/node. 

good plan. 

[akula999]

Then I need to somehow get up to 1000 XC to run the mixer/node. 

good plan. 

I'm convinced saving money to buy coins is futile. Between birthdays and the holidays coming up I can only buy 10-20 XC coins per week. I won't/can't touch any Block coins since I clearly can't afford it.

[hoertest]

Then I need to somehow get up to 1000 XC to run the mixer/node. 

good plan. 

I'm convinced saving money to buy coins is futile. Between birthdays and the holidays coming up I can only buy 10-20 XC coins per week. I won't/can't touch any Block coins since I clearly can't afford it.

just keep stacking up as you can brother. XCs privacy tech is a really big deal. to me its the biggest deal in crypto right now. this info just gets lost atm a little between blocknet and the chat which are both great, don't get me wrong. gives guys like you the chance to still buy dead cheap considered the potential of Xmixer.

[subversionary]

I've been running an xmixer for over a week now and haven't received a single fee. However, I have been charged a very minimal fee of -0.0001 XC that Dan said was a mistake.

Is anyone running an xmixer and actually processing private transactions? If so how often?

Thanks

[hoertest]

I've been running an xmixer for over a week now and haven't received a single fee. However, I have been charged a very minimal fee of -0.0001 XC that Dan said was a mistake.

Is anyone running an xmixer and actually processing private transactions? If so how often?

Thanks

 i don't think there is a lot of private transactions going on already . this thing is still not finished and marketed to a bigger user base. lets face it right now XC is a specualtion object. I specualte on the ability of Dan and his team to get this technology to the point of mass market usabilty. but still its specualtion at this point.

[mr_random]

I think it would help calm the waters if we could have a statement of how Dan's development time will be affected by his second project - the Blocknet.

Up until now it seems like Dan has been putting 100% of his working week into XC.

How is that now going to change. 50% of his time into XC, 50% into Blocknet? 20% XC, 80% Blocknet.?

In the Blocknet topic, Blocknet is described as being backed by Dan.

[hoertest]

I think it would help calm the waters if we could have a statement of how Dan's development time will be affected by his second project - the Blocknet.

Up until now it seems like Dan has been putting 100% of his working week into XC.

How is that now going to change. 50% of his time into XC, 50% into Blocknet? 20% XC, 80% Blocknet.?

In the Blocknet topic, Blocknet is described as being backed by Dan.

Yeah that was arlyns formualtion, he is a little stressed i think today  , the Xbridge was Dans invention  but it will be finished together with all devs from blocknet plus they just collect money to higher freelancers. so i think Dans role will be more of an intelectual supervisor with blocknet whereas he is directly working "at the ground" on XC like he did the last months. I think Dan knows exactly what he is working on with the XC anon so i have zero fear of him loosing interest or giving up to much time for blocknet. XC anon = Bitcoin 2.0. its the most important task on his plate and i'm shure he knows it. that beeing said i'm not part of the team so you have to wait for Dan to give more clearence.

[Reese212]

Hi!

I haven't been here for a while. I recognized the Blocknet-thing, but tbh, I really Need your advice.
I've still got my XC in my wallet - what should I do with them now?

Are there only These 2 possibilities?
1) sell xc for btc
2) buy block for btc @ bittrex

I guess there's something else isn't it?


Thanks for helping me out!

You could also buy btc for fiat and use that to buy block.

holding xc is no option ?  
some thoughts :
blocknet is more useful then XC, so it should have a higher price compared to XC
assuming the blocknet will have 10 mio tokens , -> nearly double amount of xc coins ->
so the price should be higher then the price of  0,5 XC
-> xc's current price ( 0,00069011) needs to come into a more logical rate  (xc need to be cheaper then blocknet)
option 1: supernet price needs to rise a lot  (from 0,00025 above 0,00069011:2 ~=~ 0,00035)
option 2: xc price needs to falls a lot (under 0,0025)
option 3: supernet rises and xc falls (maybe sth like 0,004 for a blocknet token and 0,003 fo one XC)
where are mistakes in my thoughts ?

Yeah well that was my mistake. Of course, just Holding my XC is an Option. But I thought that there is an Option to Change my XC into BLOCK.
Is this possible? I still don't get it right.

[subversionary]

I've been running an xmixer for over a week now and haven't received a single fee. However, I have been charged a very minimal fee of -0.0001 XC that Dan said was a mistake.

Is anyone running an xmixer and actually processing private transactions? If so how often?

Thanks

 i don't think there is a lot of private transactions going on already . this thing is still not finished and marketed to a bigger user base. lets face it right now XC is a specualtion object. I specualte on the ability of Dan and his team to get this technology to the point of mass market usabilty. but still its specualtion at this point.

To clarify, to me it's functioning technology not speculation. I guess to others it could be speculation as far as the price and investing is concerned, but that isn't really what I'm concerned with at the moment.

I want to touch base with others that may be running an xmixer and make sure that I'm not the only one experiencing this and I would like to know if anyone is successfully processing any private transactions.

Is it typical to run an xmixer for a week without processing a single transaction? If so then I'm perfectly contempt just knowing that is the case.

Thanks for your reply.

[rokkyroad]

Reese,

You could have bought blocknet with your Xc for a 10% discount. There was a limited number of blocknet tokens available for this offer.  These sold out in a few hours.

I think that offer was shared with the other affiliate coins.