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Author Topic: Coinsource analysis Xcloudcoin  (Read 657 times)
Shivalein
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August 13, 2014, 06:14:12 PM
 #1

http://www.coinssource.com/crypto-coins/xcloudcoin/

Looks nice in my opinion. Any thoughts on this one?

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Once a transaction has 6 confirmations, it is extremely unlikely that an attacker without at least 50% of the network's computation power would be able to reverse it.
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poornamelessme
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August 13, 2014, 06:55:08 PM
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Unnecessarily hyped (or pumped) in my opinion.

In their first thread, before they redid their ICO (since their first attempt was bombing out), I asked them how the coin is actually involved in the whole cloud thing they are doing. Basically it's a form of funding plus a way for users to pay for their service. Their service isn't decentralized nor really requires crypto exactly (besides as a way for them to get funding).  It's like if dropbox just made a cryptocoin as a way for users to pay for their service. At least that is what they answered me early on, no idea if their plans ever changed.

But it sounds fancy, and I expect many put money into this expecting it to be similar to storj or something similar. It really isn't, at least at this point in time.
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August 13, 2014, 07:23:44 PM
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that web site is run by a deceptive mass coin cloner.. beware anything remotely attached to it !

edit:
and he likes his IPO's lol

edit2:
i see it in "poor's" sig too HAHHAhaha

uggghh  Roll Eyes

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August 13, 2014, 07:31:32 PM
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that web site is run by a deceptive mass coin cloner.. beware anything remotely attached to it !

edit:
and he likes his IPO's lol

edit2:
i see it in "poor's" sig too HAHHAhaha

uggghh  Roll Eyes

What evidence is there that he's a mass coin cloner? The site itself, to me, isn't actually not bad -- some decent info there. But I wouldn't state their reviews necessarily mean a whole lot on their own, folks should do their own research.

The only coin I am aware of is their srcc coin, which poloniex for some bizarre reason took ages to properly name. He also gave away all of the premine (or I should say, coins that he still held, as it was all premined) for that coin as well.
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