Litoshi
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July 21, 2014, 05:02:01 PM |
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I was rounding up to 1000 because I doubt that the price would ever break 1000 satoshi.
litoshi,what reasons cause you doubt that the price would ever break 1000 sat after launch on bter?
Becuz, if you look at alt coins without any community or ongoing dev support, like METH, Jackpot, Lottery coin or Asia coin, they quickly fall into the double and single digits. Why? Becuz they are not worth anything in the real world. You can only use them to trade for other alt coins. Whereas, alt coins with even a minimal community prosper: DOGE, MAX, URO, VIA, REDD. Looking at DOGE coin for instance. The price is now 38 sats, BUT there is a supply of 87 BILLION coins. Thats 870 times the supply of CXX. If CXX were to be equal in value to DOGE, CXX would sell for 38 times 870 equals 33060 sats. Thats $0.20 USD RIPPLE, which is not mineable, like CXX, has a supply of 100 BILLION COINS, 1000 times CXX. The RIPPLE price is 860 sats. If CXX were to gain par with this coin, CXX sells for 860000 sats or 0.0086 BTC. Thats $5.34 USD!! With all the hype about this coin, I fully expect it to sell on day one for an average of 5000 sats per CXX and go as high as 15000 sats, and a low of 1000 sats if there is a major dump. Once the emotion-driven traders have see-sawed the market, CXX will settle in a narrow trading range. At this point, the value of CXX depends completely on the attributes and features of the coin, the trust in the devs, and the chatter in the alt coin community. In short, the first few days will be emotional trading where greed and regret prevail. After that, value will determine the future of CXX. Price is what you pay, value is what you get.I'm confused. Why are you in this thread? Did you invest or not? I'm confused. Is this a closed topic? Is this topic only for investors? FYI, I have been lurking here since the second page, but delayed posting until page 13. I started out as a critic of this coin, having seen other similar IPOs come and go, resulting in BTC for the devs and dashed hopes for the investors. I started to trust the devs when they agreed to a 750BTC cap on the pre-sale. That showed me the devs were not just out for a quick buck and then disappear. If the pre-sale was still open, I am sure the investment would be around 2000BTC, diluting the coin value, but enriching the devs. This coin further gained my trust when I saw the effort they are putting into development, and not just cloning an existing coin with open source software. I do still have one lingering concern about CXX, and that is how they are going to maintain a large enough and sufficiently active hashing network so as to avoid double spending and coin cloning by a malicious party with a moderate amount of computing power. Miners perform this function for other coins, but since CXX is not mined, there are no miners. The truly professional coin launches are a rare find.
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GreXX
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July 21, 2014, 05:16:51 PM |
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There is an article in COINDESK about the VIACoin Presale for 610BTC!!!!! VIAcoin is now #3 in trading volume.
Perhaps the devs can get in touch with COINDESK and pump up CXX with a little publicity.
We are currently working to make arrangements with several strategic partners. SyRenity actually met with the founder of Coindesk at BTCChicago and had a great conversation with their team as well as several others. We will make any announcements and post all updates as soon as we have something concrete to bring to you guys. Trust that we are working many of these issues and are regularly networking within the industry. Sometimes these things just take a bit to develop.
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Litoshi
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July 21, 2014, 05:19:29 PM |
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Crypton has a nice ring to it, and is short and easy to pronounce. We can set up a poll on another thread, so any ideas would be welcome.
I also like this. But in bitcoin, it is easy to distinguish smaller units because of "micro" or simply "bit". Crypton doesn't have that same feature. I agree. However, if Crypti is set (as it would appear) to become a major global currency, a counterargument is that people without a science background (for whom microfarads might as well be something you heat up your dinner with) may more rapidly comprehend precisely what a Crypton is. Without more, a distinguishing feature may have greater traction in the long term. Edit: In fact, we do heat up our dinners with microfarads when we use microwave ovens, as they contain enormous capacitors and the unit for capacitance is the Farad. Oops Although catchy, Crypton will be confused with another cryptocoin, past, present or future. You also leave your self open for a copycat to use that name. Every good idea has a copycat it seems. There is a coin launching on this forum "Cryptonite". So I guess the possible names for the smallest division of CXX has lost CRYPTON and CRYPTONITE. You are back to Cryptoshi or Cryptavos.
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KLONE::Vader
Member
Offline
Activity: 89
Merit: 10
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July 21, 2014, 05:41:50 PM |
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So I guess the possible names for the smallest division of CXX has lost CRYPTON and CRYPTONITE.
You are back to Cryptoshi or Cryptavos.
cant understand why the name has to start with "crypt..." why not ccent for example?
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Relaxedsense
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July 21, 2014, 05:53:34 PM |
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Can you guys please update the OP. For example the title indicates that the ipo is still available. Moreover some links to the different polls could be nice. etc etc.
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samsmith16
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July 21, 2014, 06:10:46 PM |
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Crypton has a nice ring to it, and is short and easy to pronounce. We can set up a poll on another thread, so any ideas would be welcome.
I also like this. But in bitcoin, it is easy to distinguish smaller units because of "micro" or simply "bit". Crypton doesn't have that same feature. I agree. However, if Crypti is set (as it would appear) to become a major global currency, a counterargument is that people without a science background (for whom microfarads might as well be something you heat up your dinner with) may more rapidly comprehend precisely what a Crypton is. Without more, a distinguishing feature may have greater traction in the long term. Edit: In fact, we do heat up our dinners with microfarads when we use microwave ovens, as they contain enormous capacitors and the unit for capacitance is the Farad. Oops Although catchy, Crypton will be confused with another cryptocoin, past, present or future. You also leave your self open for a copycat to use that name. Every good idea has a copycat it seems. There is a coin launching on this forum "Cryptonite". So I guess the possible names for the smallest division of CXX has lost CRYPTON and CRYPTONITE. You are back to Cryptoshi or Cryptavos. Yes it looks like Cryptoshi is in the lead https://bitcointalk.org/index.php?topic=698740.0I must admit at first I didn't like it.. but the more I see it the more I like it... may be easier for the crypto world to understand its crypti's smallest unit, just based on the oshi in it... As well as it looks like CRYPTI is in the lead for the ticker... was CXX on the list? I don't see it there now? https://bitcointalk.org/index.php?topic=679779.0;viewResultsI'm not sure how much I liked this long of a ticker but this may leave out confusion later on when new investors want to buy it on the exchanges.. just a thought, I know anyone here would do the research on a crypto before investing but many may hear about this at the coffee pot and buy some on there lunch break...
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▐ Royalties▐ pays interest on Term Deposits up to 15%!! Yes even Cold Storage!!
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llocally
Newbie
Offline
Activity: 19
Merit: 0
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July 21, 2014, 06:10:59 PM |
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Can you guys please update the OP. For example the title indicates that the ipo is still available. Moreover some links to the different polls could be nice. etc etc.
where is running the ipo? escrow service?
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Primitive
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July 21, 2014, 06:20:13 PM |
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Can you guys please update the OP. For example the title indicates that the ipo is still available. Moreover some links to the different polls could be nice. etc etc.
where is running the ipo? escrow service? the IPO is over. it was done via BTER. EDIT: well i guess technically its not over. but its sold out.
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NEM, LSK, STRAT
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Litoshi
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July 21, 2014, 06:30:20 PM |
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Crypton has a nice ring to it, and is short and easy to pronounce. We can set up a poll on another thread, so any ideas would be welcome.
I also like this. But in bitcoin, it is easy to distinguish smaller units because of "micro" or simply "bit". Crypton doesn't have that same feature. I agree. However, if Crypti is set (as it would appear) to become a major global currency, a counterargument is that people without a science background (for whom microfarads might as well be something you heat up your dinner with) may more rapidly comprehend precisely what a Crypton is. Without more, a distinguishing feature may have greater traction in the long term. Edit: In fact, we do heat up our dinners with microfarads when we use microwave ovens, as they contain enormous capacitors and the unit for capacitance is the Farad. Oops Although catchy, Crypton will be confused with another cryptocoin, past, present or future. You also leave your self open for a copycat to use that name. Every good idea has a copycat it seems. There is a coin launching on this forum "Cryptonite". So I guess the possible names for the smallest division of CXX has lost CRYPTON and CRYPTONITE. You are back to Cryptoshi or Cryptavos. Yes it looks like Cryptoshi is in the lead https://bitcointalk.org/index.php?topic=698740.0I must admit at first I didn't like it.. but the more I see it the more I like it... may be easier for the crypto world to understand its crypti's smallest unit, just based on the oshi in it... As well as it looks like CRYPTI is in the lead for the ticker... was CXX on the list? I don't see it there now? https://bitcointalk.org/index.php?topic=679779.0;viewResultsI'm not sure how much I liked this long of a ticker but this may leave out confusion later on when new investors want to buy it on the exchanges.. just a thought, I know anyone here would do the research on a crypto before investing but many may hear about this at the coffee pot and buy some on there lunch break... CXX is not posted as a choice YET! I did post a comment to have it added
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Bitseed
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July 21, 2014, 07:40:45 PM |
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It should be added - CXX sells!
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Bitseed - dedicated full node hardware
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Wulfcastle
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July 21, 2014, 07:42:56 PM |
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Any update on the ledger devs?
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llocally
Newbie
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Activity: 19
Merit: 0
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July 21, 2014, 08:39:35 PM |
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Can you guys please update the OP. For example the title indicates that the ipo is still available. Moreover some links to the different polls could be nice. etc etc.
where is running the ipo? escrow service? the IPO is over. it was done via BTER. EDIT: well i guess technically its not over. but its sold out. Than you must change this heading: Re: [ANN] Crypti | Release July | 100% POS | New Source | IPO Started
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zhangdu
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July 22, 2014, 02:02:20 AM |
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EDIT: well i guess technically its not over. but its sold out.
yep, nowdays, guys not buy coin but idea
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GTO911
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July 22, 2014, 08:09:50 AM |
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Received a 3000 satoshi offer for my tokens Not selling at this price
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dzarmush
Legendary
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Activity: 1806
Merit: 1001
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July 22, 2014, 08:19:15 AM |
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Received a 3000 satoshi offer for my tokens Not selling at this price It's like 10 times cheaper than the actual price )
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kirivas_s
Newbie
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Activity: 42
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July 22, 2014, 10:42:03 AM |
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Received a 3000 satoshi offer for my tokens Not selling at this price opening price should be atleast 15000 satoshis
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casx
Jr. Member
Offline
Activity: 59
Merit: 10
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July 22, 2014, 11:23:03 AM |
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selling my 1,7 CXX stake.. pm
selling for 7 btc
ordered on the first day.. means full 30% bonus
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xtester
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July 22, 2014, 11:39:40 AM |
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Received a 3000 satoshi offer for my tokens Not selling at this price It's like 10 times cheaper than the actual price ) It will be very interesting to see how things develop. We should definitely see around 10000 satoshi pretty quick as the team shows how promising this project can be - things have not even started yet.
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cloudlover
Member
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Activity: 84
Merit: 10
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July 22, 2014, 02:10:14 PM |
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where the ledger?
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Relaxedsense
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July 22, 2014, 02:15:28 PM |
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where the ledger?
Yea, not a lot of communication happening..
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