clovis A.
Legendary
 Offline
Activity: 1206
Merit: 1000
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February 17, 2015, 11:50:38 PM |
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Bitstake Team is preparing for a radical restructuring of its startup company with a split-up of the digital currency with ticker XBS from BitStake as a separate entity.
We are focusing on establishing Bitstake as a financial platform for all digital currencies.
Summary
Bitstake intends to spin-off XBS by the end of Q1 in 2015.
XBS will retain its XBS ticker and given a new name & development team for code maintenance.
Wallet and coins are still valid and only a wallet update for name change will be available for download.
XBS users will continue to benefit from continued Bitstake developments and features release on it's beta site.
With XBS no longer being the in-platform currency after Q1 ( and being assigned a separate dev team), what role will XBS play in Bitstake and crypto in general? I understand it will benefit from developments and feature releases, but what will the use case be if Bitstake doesn't plan on having it's own in-platform currency? Better yet, if I had never heard of XBS, what could you say about post-Q1 XBS that would make me say, "I need to have some of that coin?" I sure hope everyone (including devs) can see this is legitimate questioning and not trolling  |
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Cloud storage is about to change
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MelodyRowell
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February 17, 2015, 11:57:17 PM |
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Good news for all crypto coins to be added exciting times |
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crypto research
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February 18, 2015, 12:07:23 AM |
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Bitstake Team is preparing for a radical restructuring of its startup company with a split-up of the digital currency with ticker XBS from BitStake as a separate entity.
We are focusing on establishing Bitstake as a financial platform for all digital currencies.
Summary
Bitstake intends to spin-off XBS by the end of Q1 in 2015.
XBS will retain its XBS ticker and given a new name & development team for code maintenance.
Wallet and coins are still valid and only a wallet update for name change will be available for download.
XBS users will continue to benefit from continued Bitstake developments and features release on it's beta site.
With XBS no longer being the in-platform currency after Q1 ( and being assigned a separate dev team), what role will XBS play in Bitstake and crypto in general? I understand it will benefit from developments and feature releases, but what will the use case be if Bitstake doesn't plan on having it's own in-platform currency? Better yet, if I had never heard of XBS, what could you say about post-Q1 XBS that would make me say, "I need to have some of that coin?" I sure hope everyone (including devs) can see this is legitimate questioning and not trolling focusing on establishing Bitstake as a financial platform for all digital currencies.  |
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clovis A.
Legendary
Offline
Activity: 1206
Merit: 1000
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February 18, 2015, 12:15:28 AM
Last edit: February 18, 2015, 12:56:15 AM by clovis A. |
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Bitstake Team is preparing for a radical restructuring of its startup company with a split-up of the digital currency with ticker XBS from BitStake as a separate entity.
We are focusing on establishing Bitstake as a financial platform for all digital currencies.
Summary
Bitstake intends to spin-off XBS by the end of Q1 in 2015.
XBS will retain its XBS ticker and given a new name & development team for code maintenance.
Wallet and coins are still valid and only a wallet update for name change will be available for download.
XBS users will continue to benefit from continued Bitstake developments and features release on it's beta site.
With XBS no longer being the in-platform currency after Q1 ( and being assigned a separate dev team), what role will XBS play in Bitstake and crypto in general? I understand it will benefit from developments and feature releases, but what will the use case be if Bitstake doesn't plan on having it's own in-platform currency? Better yet, if I had never heard of XBS, what could you say about post-Q1 XBS that would make me say, "I need to have some of that coin?" I sure hope everyone (including devs) can see this is legitimate questioning and not trolling focusing on establishing Bitstake as a financial platform for all digital currencies. I get that, but XBS is or will be separate from Bitstake after Q1. If all currencies can use and benefit from the features offered by Bitstake, what will make XBS unique or special? There's no demand for XBS if the coins you already own will have access to the same features |
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Cloud storage is about to change
Are you ready?
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Bitstake (OP)
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February 18, 2015, 12:27:27 AM |
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Bitstake Team is preparing for a radical restructuring of its startup company with a split-up of the digital currency with ticker XBS from BitStake as a separate entity.
We are focusing on establishing Bitstake as a financial platform for all digital currencies.
Summary
Bitstake intends to spin-off XBS by the end of Q1 in 2015.
XBS will retain its XBS ticker and given a new name & development team for code maintenance.
Wallet and coins are still valid and only a wallet update for name change will be available for download.
XBS users will continue to benefit from continued Bitstake developments and features release on it's beta site.
With XBS no longer being the in-platform currency after Q1 ( and being assigned a separate dev team), what role will XBS play in Bitstake and crypto in general? I understand it will benefit from developments and feature releases, but what will the use case be if Bitstake doesn't plan on having it's own in-platform currency? Better yet, if I had never heard of XBS, what could you say about post-Q1 XBS that would make me say, "I need to have some of that coin?" I sure hope everyone (including devs) can see this is legitimate questioning and not trolling focusing on establishing Bitstake as a financial platform for all digital currencies. I get that, but XBS is or will be separate from Bitstake after Q1. If all currencies can use and benefit from the features offered by Bitstake, what will make XBS unique or special? There's no demand for XBS if the coins you already own will have acces to the same features We already posted confirmation that XBS will be separated from Bitstake, paving way for Bitstake to turn into crypto-service provider and target customers looking for simple ways to stake, store, trade and lend digital currencies. The platform is still in beta and XBS is still the in-house currency. XBS being the first coin on Bitstake, already make it unique. |
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clovis A.
Legendary
Offline
Activity: 1206
Merit: 1000
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February 18, 2015, 12:36:39 AM |
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Thanks, I truly am just trying to understand . I will PM you with additional questions EDIT: PM sent |
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Cloud storage is about to change
Are you ready?
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crypto research
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February 18, 2015, 12:49:15 AM |
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Bitstake Team is preparing for a radical restructuring of its startup company with a split-up of the digital currency with ticker XBS from BitStake as a separate entity.
We are focusing on establishing Bitstake as a financial platform for all digital currencies.
Summary
Bitstake intends to spin-off XBS by the end of Q1 in 2015.
XBS will retain its XBS ticker and given a new name & development team for code maintenance.
Wallet and coins are still valid and only a wallet update for name change will be available for download.
XBS users will continue to benefit from continued Bitstake developments and features release on it's beta site.
With XBS no longer being the in-platform currency after Q1 ( and being assigned a separate dev team), what role will XBS play in Bitstake and crypto in general? I understand it will benefit from developments and feature releases, but what will the use case be if Bitstake doesn't plan on having it's own in-platform currency? Better yet, if I had never heard of XBS, what could you say about post-Q1 XBS that would make me say, "I need to have some of that coin?" I sure hope everyone (including devs) can see this is legitimate questioning and not trolling focusing on establishing Bitstake as a financial platform for all digital currencies. I get that, but XBS is or will be separate from Bitstake after Q1. If all currencies can use and benefit from the features offered by Bitstake, what will make XBS unique or special? There's no demand for XBS if the coins you already own will have acces to the same features We already posted confirmation that XBS will be separated from Bitstake, paving way for Bitstake to turn into crypto-service provider and target customers looking for simple ways to stake, store, trade and lend digital currencies. The platform is still in beta and XBS is still the in-house currency. XBS being the first coin on Bitstake, already make it unique. I understand that the XBS lending platform will be evaluated with XBS coins. I'm right ? |
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Bitstake (OP)
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February 18, 2015, 01:01:51 AM |
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Bitstake Team is preparing for a radical restructuring of its startup company with a split-up of the digital currency with ticker XBS from BitStake as a separate entity.
We are focusing on establishing Bitstake as a financial platform for all digital currencies.
Summary
Bitstake intends to spin-off XBS by the end of Q1 in 2015.
XBS will retain its XBS ticker and given a new name & development team for code maintenance.
Wallet and coins are still valid and only a wallet update for name change will be available for download.
XBS users will continue to benefit from continued Bitstake developments and features release on it's beta site.
With XBS no longer being the in-platform currency after Q1 ( and being assigned a separate dev team), what role will XBS play in Bitstake and crypto in general? I understand it will benefit from developments and feature releases, but what will the use case be if Bitstake doesn't plan on having it's own in-platform currency? Better yet, if I had never heard of XBS, what could you say about post-Q1 XBS that would make me say, "I need to have some of that coin?" I sure hope everyone (including devs) can see this is legitimate questioning and not trolling focusing on establishing Bitstake as a financial platform for all digital currencies. I get that, but XBS is or will be separate from Bitstake after Q1. If all currencies can use and benefit from the features offered by Bitstake, what will make XBS unique or special? There's no demand for XBS if the coins you already own will have acces to the same features We already posted confirmation that XBS will be separated from Bitstake, paving way for Bitstake to turn into crypto-service provider and target customers looking for simple ways to stake, store, trade and lend digital currencies. The platform is still in beta and XBS is still the in-house currency. XBS being the first coin on Bitstake, already make it unique. I understand that the XBS lending platform will be evaluated with XBS coins. I'm right ? That's right. |
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clovis A.
Legendary
Offline
Activity: 1206
Merit: 1000
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February 18, 2015, 01:07:08 AM |
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Can you explain "evaluated" please? Does this mean XBS coin holders will be beta testers, in a sense, for new Bitstake features?
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Cloud storage is about to change
Are you ready?
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crypto research
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February 18, 2015, 01:10:35 AM |
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Bitstake Team is preparing for a radical restructuring of its startup company with a split-up of the digital currency with ticker XBS from BitStake as a separate entity.
We are focusing on establishing Bitstake as a financial platform for all digital currencies.
Summary
Bitstake intends to spin-off XBS by the end of Q1 in 2015.
XBS will retain its XBS ticker and given a new name & development team for code maintenance.
Wallet and coins are still valid and only a wallet update for name change will be available for download.
XBS users will continue to benefit from continued Bitstake developments and features release on it's beta site.
With XBS no longer being the in-platform currency after Q1 ( and being assigned a separate dev team), what role will XBS play in Bitstake and crypto in general? I understand it will benefit from developments and feature releases, but what will the use case be if Bitstake doesn't plan on having it's own in-platform currency? Better yet, if I had never heard of XBS, what could you say about post-Q1 XBS that would make me say, "I need to have some of that coin?" I sure hope everyone (including devs) can see this is legitimate questioning and not trolling focusing on establishing Bitstake as a financial platform for all digital currencies. I get that, but XBS is or will be separate from Bitstake after Q1. If all currencies can use and benefit from the features offered by Bitstake, what will make XBS unique or special? There's no demand for XBS if the coins you already own will have acces to the same features We already posted confirmation that XBS will be separated from Bitstake, paving way for Bitstake to turn into crypto-service provider and target customers looking for simple ways to stake, store, trade and lend digital currencies. The platform is still in beta and XBS is still the in-house currency. XBS being the first coin on Bitstake, already make it unique. I understand that the XBS lending platform will be evaluated with XBS coins. I'm right ? That's right. If so then it will be XBS the most useful crypto coin.  |
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Bitstake (OP)
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February 18, 2015, 04:57:39 AM |
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The biggest limitation of digital currency is that, it requires an Internet connection which is definitely a big barrier in most of the developing countries but XBS SMS Wallet covers mobile payment without Internet offering basics of regular desktop wallet.
Try out the SMS wallet today.
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bitcrypto10101
Legendary
Offline
Activity: 924
Merit: 1000
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February 18, 2015, 11:07:32 AM |
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The biggest limitation of digital currency is that, it requires an Internet connection which is definitely a big barrier in most of the developing countries but XBS SMS Wallet covers mobile payment without Internet offering basics of regular desktop wallet.
Try out the SMS wallet today.
Definitely one of the more promising coins out there. Keep up the great work, team. |
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Franky2010
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February 18, 2015, 01:43:12 PM |
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If XBS coin will be not major part in developed platform, or major player in platform, what make rise value and interest from investors please? Just privilege be testing coin on BETA platform make keep rise vlaue?
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Master mind
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February 18, 2015, 02:01:01 PM |
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If XBS coin will be not major part in developed platform, or major player in platform, what make rise value and interest from investors please? Just privilege be testing coin on BETA platform make keep rise vlaue?
XBS team explained lending platform will be charged with XBS coins and only 1,296,437 XBS coins are now for a such big use. |
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Franky2010
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February 18, 2015, 02:17:24 PM |
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If XBS coin will be not major part in developed platform, or major player in platform, what make rise value and interest from investors please? Just privilege be testing coin on BETA platform make keep rise vlaue?
XBS team explained lending platform will be charged with XBS coins and only 1,296,437 XBS coins are now for a such big use. Thank you, explain that to me...so XBS is basically said, coin for platform, get there, use platform, something like key get there?  Or, other way, I have f.e. BlackCoins, like to use platform...do I need get first some XBS? XBS investors will have profit from stacking coin and fees from trade on platform? Sometng like that? Hope somebody can explain correctly what is major idea here, or posibly Im only one, who dont understand todays statements form DEVs in right way.  P.S.: not trolling here, or looking for cheaper coins, just asking.  |
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clovis A.
Legendary
Offline
Activity: 1206
Merit: 1000
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February 18, 2015, 02:39:28 PM |
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If XBS coin will be not major part in developed platform, or major player in platform, what make rise value and interest from investors please? Just privilege be testing coin on BETA platform make keep rise vlaue?
XBS team explained lending platform will be charged with XBS coins and only 1,296,437 XBS coins are now for a such big use. Thank you, explain that to me...so XBS is basically said, coin for platform, get there, use platform, something like key get there? Or, other way, I have f.e. BlackCoins, like to use platform...do I need get first some XBS? XBS investors will have profit from stacking coin and fees from trade on platform? Sometng like that? Hope somebody can explain correctly what is major idea here, or posibly Im only one, who dont understand todays statements form DEVs in right way. P.S.: not trolling here, or looking for cheaper coins, just asking. Don't panic Franky, if what Master mind is saying is true, XBS will most certainly retain it's value and have demand from investors. I think there just needs to be a little clarity on the subject. Being that this all unfolded rather quickly, we should give them some time to explain the situation. The devs were able to answer some of my questions via PM yesterday, which is good. Thanks for that dev team . Because I've been critical, I know I'm viewed as somewhat of a troll here and I don't want that! I want to give the dev team proper respect for the work thus far and let them fully explain the role of XBS going forward.... |
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Cloud storage is about to change
Are you ready?
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niki25
Legendary
Offline
Activity: 1036
Merit: 1000
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February 18, 2015, 04:51:48 PM |
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If XBS coin will be not major part in developed platform, or major player in platform, what make rise value and interest from investors please? Just privilege be testing coin on BETA platform make keep rise vlaue?
XBS team explained lending platform will be charged with XBS coins and only 1,296,437 XBS coins are now for a such big use. Thank you, explain that to me...so XBS is basically said, coin for platform, get there, use platform, something like key get there? Or, other way, I have f.e. BlackCoins, like to use platform...do I need get first some XBS? XBS investors will have profit from stacking coin and fees from trade on platform? Sometng like that? Hope somebody can explain correctly what is major idea here, or posibly Im only one, who dont understand todays statements form DEVs in right way. P.S.: not trolling here, or looking for cheaper coins, just asking. Don't panic Franky, if what Master mind is saying is true, XBS will most certainly retain it's value and have demand from investors. I think there just needs to be a little clarity on the subject. Being that this all unfolded rather quickly, we should give them some time to explain the situation. The devs were able to answer some of my questions via PM yesterday, which is good. Thanks for that dev team . Because I've been critical, I know I'm viewed as somewhat of a troll here and I don't want that! I want to give the dev team proper respect for the work thus far and let them fully explain the role of XBS going forward.... If dev team and you agree, Would you mind to post that questions/answers?, as those questions may be some common questions between the community members. |
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leetcoiner
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February 18, 2015, 07:00:47 PM |
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there was BTC there was LTC there was DRK there was BLK here is XBS with the most innovative functions and platform in crypto ever! If people don't understand what is this it's their problem don't buy it. Those who understand and realize what this mean for future of XBS and BITSTAKE.... word moon is lame for this yours LEETCOINER |
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Bitstake (OP)
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February 18, 2015, 07:06:19 PM
Last edit: February 18, 2015, 07:19:20 PM by Bitstake |
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Bitstake is the closest thing to a banking platform with the planned trading & lending platform for customers to buy & sell coins. Our priority is getting the platform ready for launch. This project is not all about XBS (coin), software development and market research in Africa cost money and our investors expect return on their investment with a fully functional platform and big customer base. You can compare Bitstake with any fintech for example Bitpesa (Investors are the people funding the development of Bitstake platform and part of the management team with stake in the Bitstake StartUp.) |
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Bitstake (OP)
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February 18, 2015, 07:23:34 PM |
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The architecture of the Bitstake platform is related to XBS and it will be the premier payment system. Fees generated on the platform is enough to keep the value of XBS up.
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