[ANN] [XCH] ★ ClearingHouse - Freedom by Blockchain ★

[timmyd]

lol ahhhhh dont no what to do change or keep.

[Rafilsk]

watching, has potential

[cassius69]

lol ahhhhh dont no what to do change or keep.

keep some. exchange some 

[MuffinMaster]

now I understand why viacoin could not be a POS coin, you need inflation to counter the deflation caused by XCH

guy is a genius

[tbear]

I'm sorry to be a noob but I'm not sure what the implications of exchanging are?

It's taken a long time and a lot of effort for me to accumulate my modest amount of VIA.

Will all VIA eventually be changed to XCH?

In which case it would be better to do early to get more XCH (100 XCH per 1 VIA)

[Coinmin]

Why do not you do what made the Protoshares team:

 DO NOT POST SESC LINKS

Then VIA would repeat the success of PTS and the cost would have been at least $10.

[timmyd]

via could go ltc is 1 outcome
xch shouldnt be worth more than via but at 100xch to 1via reducing to 85xch to 1 via potential profit there.

[Nyterax]

This is big. Definitely worth following.

[PhilippeStevens]

Not sure if I should convert my via to xch , hard choice

[burner2014]

converted the first ones. Works fine

[Coinmin]

More then half hour still pending:

From wallet:

Sell VIA Pending: As you have one or more pending or open sell order for VIA, please stay logged in so that the order(s) can be properly filled.

EDIT: everything fine now. Just re-open wallet.

[stormia]

"This initialization process is called "burning", but since viacoins are new and shiny, we decided not to actually burn them, but use them towards funding the ClearingHouse project looking forward."

So, it should not be called "burning"... It is another IPO, no?

[Honeycutt22]

"This initialization process is called "burning", but since viacoins are new and shiny, we decided not to actually burn them, but use them towards funding the ClearingHouse project looking forward."

So, it should not be called "burning"... It is another IPO, no?

Hell if I know.. been following Via for a few weeks and still really have no clue.

Not enough information for me to make any decisions. Pure dumb luck on speculation right now.

[stormia]

After the 45 day period Via cannot be exchanged for XCH anymore, right? So, it is useless after that point?

[PilotofBTC]

"This initialization process is called "burning", but since viacoins are new and shiny, we decided not to actually burn them, but use them towards funding the ClearingHouse project looking forward."

So, it should not be called "burning"... It is another IPO, no?

I assume XCH won't be the last Clearinghouse asset to be created. So, the process will be called burning. A guess, but there it is.

[btcdrak]

"This initialization process is called "burning", but since viacoins are new and shiny, we decided not to actually burn them, but use them towards funding the ClearingHouse project looking forward."

So, it should not be called "burning"... It is another IPO, no?

I assume XCH won't be the last Clearinghouse asset to be created. So, the process will be called burning. A guess, but there it is.

You can use XCH to issue your own assets/coins etc and they can be traded directly on the blockchain, p2p.

[stormia]

"This initialization process is called "burning", but since viacoins are new and shiny, we decided not to actually burn them, but use them towards funding the ClearingHouse project looking forward."

So, it should not be called "burning"... It is another IPO, no?

Hell if I know.. been following Via for a few weeks and still really have no clue.

Not enough information for me to make any decisions. Pure dumb luck on speculation right now.

Well the OP says the the coins won't be "burned" but instead used towards funding... meaning they will be sold off for BTC.. meaning it is not a "burning" process at all but yet another IPO...

Anybody else made a little uneasy by this? I thought it would be a true burn. I thought the dev got his dev fund from the first IPO...

[Honeycutt22]

"This initialization process is called "burning", but since viacoins are new and shiny, we decided not to actually burn them, but use them towards funding the ClearingHouse project looking forward."

So, it should not be called "burning"... It is another IPO, no?

I assume XCH won't be the last Clearinghouse asset to be created. So, the process will be called burning. A guess, but there it is.

You can use XCH to issue your own assets/coins etc and they can be traded directly on the blockchain, p2p.

\
Yea, but what does that mean or what are the implications/uses?

[stormia]

"This initialization process is called "burning", but since viacoins are new and shiny, we decided not to actually burn them, but use them towards funding the ClearingHouse project looking forward."

So, it should not be called "burning"... It is another IPO, no?

I assume XCH won't be the last Clearinghouse asset to be created. So, the process will be called burning. A guess, but there it is.

You can use XCH to issue your own assets/coins etc and they can be traded directly on the blockchain, p2p.

Why did you switch away from a burn to another IPO?

Will there be any use for VIA after the exchange period is over?

[PilotofBTC]

"This initialization process is called "burning", but since viacoins are new and shiny, we decided not to actually burn them, but use them towards funding the ClearingHouse project looking forward."

So, it should not be called "burning"... It is another IPO, no?

I assume XCH won't be the last Clearinghouse asset to be created. So, the process will be called burning. A guess, but there it is.

You can use XCH to issue your own assets/coins etc and they can be traded directly on the blockchain, p2p.

I see. So, is the XCH limited to this initial burn period? What happens when you create an asset with XCH, is the XCH burned? If the XCH is burned and no more can be created then I assume it is considering a deflationary asset causing the value to rise.