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Author Topic: [ANN] $XQN Quotient Financial Network | PoW Scrypt, PoS Blake-256 | UPDATE NOW  (Read 194039 times)
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anticlimax
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November 20, 2014, 11:11:22 PM
 #761

So I thought about it while I was at the grocery store a bit ago, and I thought of a possible solution that meets both sides.  What if we take a % of the XAI proceeds and buy XAI on the open market after the crowdfund ends, to fill the fund for distribution to XQN holders.  And take another 5% or so and use it to establish a "market stabilization" force and add managed buy support on XQN.
I like that idea. It covers XAI investors with buy support, making their investment less risky.
At the same time it benefits XQN investors.

In reality, the XQN community should be pushing for XAI to be a success as the trading AI, once implemented, will increase the value of XQN tenfold.

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November 20, 2014, 11:26:31 PM
 #762

In reality, the XQN community should be pushing for XAI to be a success as the trading AI, once implemented, will increase the value of XQN tenfold.

Apologies for butchering your post, but the portion I kept is really the key.

Personally, I don't like much any approach that places trust in a single individual or entity to manage funds and ensure market stability. The market should find it's own natural balance at the hands (or mercy?) of the holders & traders. I do believe this approach can still succeed, just that it is certainly not my preference.

However, we have here a funny situation. The people that will benefit the most from XAI, at least at first, are XQN holders.
This is really why I think that a XQN snapshot is most appropriate, at least for a portion of the XAI emission.
The reason is dead simple: people holding XQN will make the most of XAI. There is no greater incentive not to dump after the snapshot.
In fact, for the most part, the short term goals for XAI, will mostly benefit XQN alone. Only when meeting the long term goals, will XAI be meaningful on a larger scale (integrating with other currencies for example).

Again, a split balance would be ideal, in my mind.
Someone that just wants to hold XAI and/or speculate on that asset alone, would enter the crowd fund, to obtain optimally priced XAI. Someone that wants to hold XQN and expects XAI to further boost XQN value and functionality, would instead stash as much XQN as possible, in the process obtaining a moderate percentage of XAI (by means of the snapshot).

Anyways, just food for thought. I'm happy to see such a constructive discussion taking place without hot tempers and fud running wild.
Cheers!

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November 20, 2014, 11:45:16 PM
 #763

No worries, just wondering why "expected time to earn reward" is 11 days since firing up the wallet this afternoon. Any idea?

Because of the weight of your stake against the network's overall weight.(it's usually faster than this).

Thank You for that explanation. With over 10k coins, it says my weight is 10 out of 90,000... expected time to earn reward 6 days. Should this be changing back to normal soon?
Flam
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November 20, 2014, 11:53:30 PM
 #764

If it's your first staking attempt it can show some kind of typo bug. With 10k you should meet the min stake age wich is 16 hours.



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anticlimax
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November 20, 2014, 11:54:50 PM
 #765

No worries, just wondering why "expected time to earn reward" is 11 days since firing up the wallet this afternoon. Any idea?

Because of the weight of your stake against the network's overall weight.(it's usually faster than this).

Thank You for that explanation. With over 10k coins, it says my weight is 10 out of 90,000... expected time to earn reward 6 days. Should this be changing back to normal soon?

Can you see in transactions the last time you staked?
Should be 16- 24hrs after that.
Depends also how many stacks of coins make up your 10k.

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November 20, 2014, 11:58:32 PM
 #766

Don´t forget to support the XAI network https://bitcointalk.org/index.php?topic=864895.0



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CedricQuotient
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November 21, 2014, 03:38:02 AM
 #767

Almost have the Quotient website completed, it and the Abe block explorer will be up tonight.  Cheesy
anticlimax
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November 21, 2014, 04:35:38 AM
 #768

Almost have the Quotient website completed, it and the Abe block explorer will be up tonight.  Cheesy

 Cheesy

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November 21, 2014, 04:44:56 AM
 #769

Almost have the Quotient website completed, it and the Abe block explorer will be up tonight.  Cheesy

Awesome news  Smiley

CedricQuotient
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November 21, 2014, 07:12:43 AM
 #770

Got a Quotient website up at http://www.quotientcoin.com.
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November 21, 2014, 07:43:55 AM
 #771

I'm glad ..my short was good.. Smiley ..so now in again. Smiley

anticlimax
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November 21, 2014, 08:05:59 AM
 #772

Glad your short went well!
Website looks great!!

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November 21, 2014, 08:20:52 AM
 #773

Got a Quotient website up at http://www.quotientcoin.com.
Great
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November 21, 2014, 09:02:47 AM
 #774

Please vote for XQN on https://cryptex.biz/page/voting (1xfree/day when you have a trading acc - 500 votes for listing)
CedricQuotient
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November 21, 2014, 10:35:28 AM
 #775

Block explorer is up at:

http://explorer.quotientcoin.com

And the request form has been submitted to CoinMarketCap.com.
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November 21, 2014, 12:34:46 PM
 #776

Nice to see development!
And in time you said, that's also very important.
cheers
anticlimax
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November 21, 2014, 05:53:00 PM
 #777

Keep it up dev.
We are all impressed.

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November 21, 2014, 09:39:20 PM
 #778

wait n see, low trading volume,

btw, awesome website dev,  Wink

anticlimax
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November 21, 2014, 09:46:21 PM
 #779

wait n see, low trading volume,

btw, awesome website dev,  Wink

I think we have a diamond in the rough here.
Dev has shown amazing capabilities over the past week.
Altcoins in general are doing horrible ATM..
Then somehow coins like fc2 go to 4M mrkt cap..

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November 21, 2014, 10:59:09 PM
 #780

new windows client popup on launch:

Code:
Quant Connection Problem:
Unable to init SSL Context:

I have to click through about 6 of these popups before client launches and just now after unlocking they popped back up to alert me.

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