[ANN] $XQN Quotient Financial Network | PoW Scrypt, PoS Blake-256 | UPDATE NOW

[anticlimax]

i like this coin just hate the pos rate which will bring price down

Stop focusing on individual coin prices and look at mrkt cap.

[1713581108]

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[1713581108]

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[1713581108]

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[ancientcoins]

i like this coin just hate the pos rate which will bring price down

Stop focusing on individual coin prices and look at mrkt cap.

marketcap currentlt 55k. but the pos rate is really high. its great for staking but there will be some nasty dumps. this coin would have been awesome with a lower rate

[SpeedDemon13]

i like this coin just hate the pos rate which will bring price down

Stop focusing on individual coin prices and look at mrkt cap.

marketcap currentlt 55k. but the pos rate is really high. its great for staking but there will be some nasty dumps. this coin would have been awesome with a lower rate

That can always be changed in the code to reduce the % or make a finite number of coins.

[ancientcoins]

i like this coin just hate the pos rate which will bring price down

Stop focusing on individual coin prices and look at mrkt cap.

marketcap currentlt 55k. but the pos rate is really high. its great for staking but there will be some nasty dumps. this coin would have been awesome with a lower rate

That can always be changed in the code to reduce the % or make a finite number of coins.

then it would be interesting

[CryptoClub]

i like this coin just hate the pos rate which will bring price down

Stop focusing on individual coin prices and look at mrkt cap.

marketcap currentlt 55k. but the pos rate is really high. its great for staking but there will be some nasty dumps. this coin would have been awesome with a lower rate

That can always be changed in the code to reduce the % or make a finite number of coins.

Yes, but not yet, I just bought in and the staking is addictive.

[anticlimax]

Just because there is a lot of volatility you are saying that high pos is bad?

Mrkt cap of 55k is based upon 4500 sat price.
Compare it to fuel coin or any of the shitcoins hovering around 500k mrkt cap and you can see there is a large room for growth.

[CryptoClub]

Just because there is a lot of volatility you are saying that high pos is bad?

Mrkt cap of 55k is based upon 4500 sat price.
Compare it to fuel coin or any of the shitcoins hovering around 500k mrkt cap and you can see there is a large room for growth.

This is the first high interest coin that is also a serious project. I actually like it how it is. These are all experimental, every Alt, but I always look at marketcap, and this one has potential for massive gains there. (regretting I didn't buy more actually)

[SpeedDemon13]

Just because there is a lot of volatility you are saying that high pos is bad?

Mrkt cap of 55k is based upon 4500 sat price.
Compare it to fuel coin or any of the shitcoins hovering around 500k mrkt cap and you can see there is a large room for growth.

This is the first high interest coin that is also a serious project. I actually like it how it is. These are all experimental, every Alt, but I always look at marketcap, and this one has potential for massive gains there. (regretting I didn't buy more actually)

As long as the total coin supply doesn't go over 500 million, I don't really think that would affect the price. Look at Maidsafe, it has ~452 million coins with a price ~10k to ~12k sat and XQN is at ~4k to ~5k sat.

[spinladen]

Just because there is a lot of volatility you are saying that high pos is bad?

Mrkt cap of 55k is based upon 4500 sat price.
Compare it to fuel coin or any of the shitcoins hovering around 500k mrkt cap and you can see there is a large room for growth.

This is the first high interest coin that is also a serious project. I actually like it how it is. These are all experimental, every Alt, but I always look at marketcap, and this one has potential for massive gains there. (regretting I didn't buy more actually)

As long as the total coin supply doesn't go over 500 million, I don't really think that would affect the price. Look at Maidsafe, it has ~452 million coins with a price ~10k to ~12k sat and XQN is at ~4k to ~5k sat.

To be blunt, this coin is WAY undervalued at its current price.  We have serious innovation & tech being developed here by a DEV who is at his current juncture IMHO, the most professional & transparent DEV I have ever come across.  We have all paid easily 10x & sometimes 100x on coins in the past by sometimes anonymous devs for coins that are all vaporware at best , and scam at worst.   To sell these coins under 50k is an insult.   Yes, there is a high pos but we even yet still only have roughly only 2+ million XQN in the wild.   The high pos essentially turns the staking into more of a "mining with asics staking", and levels the playing field in terms of distribution than your average buy and hoard coin.   Together with the rollout of XAI, I think we have the next legitimate king of crypto, and if it all works out as dev states....will only be the beginning of a very bright future.


Cry later if you sell now.
XQN price to its rightful place 100+k!

[CryptoClub]

Quick question, ideal amount perhaps 10k for staking? It is addicting, fun like mining used to be.

[billotronic]

i like this coin just hate the pos rate which will bring price down

Stop focusing on individual coin prices and look at mrkt cap.

marketcap currentlt 55k. but the pos rate is really high. its great for staking but there will be some nasty dumps. this coin would have been awesome with a lower rate

That can always be changed in the code to reduce the % or make a finite number of coins.

no that is a bullshit way to run a coin. once those flood gates are open, the project dies.

[spinladen]

i like this coin just hate the pos rate which will bring price down

Stop focusing on individual coin prices and look at mrkt cap.

marketcap currentlt 55k. but the pos rate is really high. its great for staking but there will be some nasty dumps. this coin would have been awesome with a lower rate

That can always be changed in the code to reduce the % or make a finite number of coins.

no that is a bullshit way to run a coin. once those flood gates are open, the project dies.

not if the community backs such a move, and there seems to be a lot of sentiment into the possible implementation to mitigate the coin supply. 
as it stands though I think we have lots of room for growth and a little wiggle room before we cross that bridge.

[myagui]

That can always be changed in the code to reduce the % or make a finite number of coins.

no that is a bullshit way to run a coin. once those flood gates are open, the project dies.

On this precise topic, we've exchanged some ideas already earlier, most or all of which, would preserve the stake %.
I posted concerning this (along with another feature request) here:
http://forums.dfx.io/index.php?topic=14.0

Happy Staking!

[SpeedDemon13]

That can always be changed in the code to reduce the % or make a finite number of coins.

no that is a bullshit way to run a coin. once those flood gates are open, the project dies.

On this precise topic, we've exchanged some ideas already earlier, most or all of which, would preserve the stake %.
I posted concerning this (along with another feature request) here:
http://forums.dfx.io/index.php?topic=14.0

Happy Staking!

That is definitely a good idea. I also like the block spacing idea too.....

[Flam]

Abacus Program Update

The XAI campaign closed last night.  We will take an XQN snapshot one week from then.  So you have until 11:59:59PM EST 12/17/2014 to move whatever coins you want to be counted to your wallet.  The snapshot will be based on address balances as of 11:59:59PM on that date.

Some time after the snapshot is taken, XAI is trading on an exchange, and after Abacus is funded, a web app and mechanism to claim your XAI will go live.  There will be a window of time for everyone to submit their claims, then that will close and the XAI will be distributed.

I am not sure what the exact amount of XAI in the fund will be yet, but it will be based on a BTC equivalent value.  More details will be released when that is determined.

Man, You da real MVP.

[skeletonbit]

What differentiates XQN Quotient  from other alts - what are the key differentiators? Anybody smart enough to clarify that in an clear manner?

Other alts really don't have a use case, but Quotient will. Quotient will act as a "sandbox" of sorts to show off the applications of Sapience's blockchain AI. The white paper has more detail. Also check out blockchainsingularity.com.

P.S. I don't know if I qualify as "smart enough."

Thank you - much appreciated!

[skeletonbit]

What differentiates XQN Quotient  from other alts - what are the key differentiators? Anybody smart enough to clarify that in an clear manner?

Short & Sweet, the roadmap section from the OP:

Roadmap

• Short Term: QDEX - Standardized price indices published via web end and over coin network
• Mid Term: QUINN - Quotient Intelligent Neural Network built on the Sapient AIFX Blockchain Singularity
• Long Term: XQNFX - Algorithmic trading tools in-wallet backed by QUINN, with script editor and script trading

If you want to get a better understanding, there's a lot more to read on.
As CrazyLoaf suggested, you should certainly check out the sister project as well, Sapience/XAI.

My personal favorite in the pipeline for XQN, is the algorithmic trading feature (though that relies on Sapience development also).
Cheers!

thanks Cheers!

[kyma]

I'm writing a short little piece for a class right now on artificial intelligence... came across this gem

http://www.meduniwien.ac.at/kpa/publications/2002_AIIM_--_Artificial-Intelligence-Augmented_Systems.pdf

This article in particular gives a nice overview of the history of AI in the first half. Doing some research, there's massive amounts of material on this stuff... the philosophy, ethics, its rather fascinating. Multiple textbooks published within the last 4 years alone.

here's a contemplative quote from the article I linked above:

"To remain naturally unintelligent or to become artificially intelligent? This is the question, and in dubio pro aegro, the answer"

[arieq]

Meanwhile, coin is falling into nothingness. No buy support whatsoever.

There was never any large buy support, and most (but not all) buys have eaten straight off the ask side. The value right now is higher than 2 weeks ago, with some ups and downs along the way, as is to be expected. Meanwhile, anyone that is staking, has generally increased their position in terms of absolute number of coins. What the hell are you even talking about?

What's important, is to see development moving ahead. I think that with the XAI crowd funding taking up some of Cedric's time as well, it's only natural that it will be a couple of days before we have an update, perhaps only after the crowd funding is closed. There's also something about people eating turkey and going on a shopping spree, but I suppose that's not for everyone 

big holder need to dump their staking, to cover daily cost, or to buy beer 

I do agree that we need to stop and dump a bit, but that must be at support level, so that we don't dump completely to the new floor!

[anticlimax]

Meanwhile, coin is falling into nothingness. No buy support whatsoever.

There was never any large buy support, and most (but not all) buys have eaten straight off the ask side. The value right now is higher than 2 weeks ago, with some ups and downs along the way, as is to be expected. Meanwhile, anyone that is staking, has generally increased their position in terms of absolute number of coins. What the hell are you even talking about?

What's important, is to see development moving ahead. I think that with the XAI crowd funding taking up some of Cedric's time as well, it's only natural that it will be a couple of days before we have an update, perhaps only after the crowd funding is closed. There's also something about people eating turkey and going on a shopping spree, but I suppose that's not for everyone 

big holder need to dump their staking, to cover daily cost, or to buy beer 

I do agree that we need to stop and dump a bit, but that must be at support level, so that we don't dump completely to the new floor!

You just quoted something two weeks old lol