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Topic: [ANN] Exclusive Coin - Cryptsy/Bittrex, CAT bot, Loads of News! - page 7. (Read 248533 times)

hero member
Activity: 616
Merit: 500
O,I buy some coins for the better future Smiley
legendary
Activity: 1120
Merit: 1000
legendary
Activity: 1638
Merit: 1036
glad to see EXCL is finally getting it's swap Smiley

when the new source/windows qt is out, i can look at making a mac qt.
i know there are some issues with converting some code for mac compatibility but i look forward to seeing what can be done ..
legendary
Activity: 1512
Merit: 1000
quarkchain.io
hmm A lot of noice here on the thread , even some spuculations running. However it is nice to see such movemen. It shows some people are still interested in this coin , either do I.
We will see what will happen after the denominations. I forcast even some bigger movement on the market , but lets wait to see...
full member
Activity: 195
Merit: 100
EXCL Coin Official Developer
@Priceslide - it was announced months ago when work started
it was announced on twitter
it was mailed out to people on EXCL mailing list
it was announced here and on other forums

The 1:10 supply is not about putting the price up, its about killing old MASSIVE chain that was killing disks and CPUs.


If you actually held such number of coins staking  you would know its impossible to keep CPU running this.

With such massive chain we were not able to provide anything because it was using more resources than most exchanges and services could be comfortable with.

As i said - you can dump all your stash on us but stop calling people names.
full member
Activity: 195
Merit: 100
EXCL Coin Official Developer
Bittrex should restart trading within next hours - but of course it may take 24h.

Then we will post source, windows wallet (oh guys.. you gonna love it!) and more infos Smiley

Our roadmap is clear at this point.. And we will be putting buys - so if you want to get out - we will be the ones allowing you to do so!


Oh and obviously kingscrownz is a fake account.


To be clear:

kingscrownz is FAKE DO NOT LISTEN TO IT.

Nobody lost anything, all trades were cancelled on the swap. So after swap is done it will be your decision on what price you want to sell.

Do not listen to PriceSlide or other possible trolls in the thread.
legendary
Activity: 987
Merit: 1003
Wow, silence from the dev! So shocked.

How about you address the following:

"dev fund is a must for continued development and bounties."
There has been no development or bounties for months, how can we be GUARANTEED that this will change?!

"algo and coin supply changes"
why aren't you just making a different coin?!?!?!?!

"10:1 supply cut"
1. There's not enough interest in the coin for the price to go up 10x at announcement... see current market conditions.
2. 15-20million is an appropriate amount of coins for proper circulation, SEE: BITCOIN.
3. This coin already has extremely poor distribution, this will further centralize the few people willing to hold this coin.
4. Bad marketing. There aren't enough people that know about exclusivecoin for it to matter to them that that the coin supply is being decimated.
5. Offer to "sell if you don't like the changes" but THERE IS NO VOLUME ON THIS COIN'S MARKET

Not enough coin in circulation since you own most of it, not enough volume but you manipulated the volume. Smiley The price automatically goes up 10x when you do a 10:1 split. If it was worth .00000200 before the split then it will be .00002000 after the split. No loss of value at all. If there is less coin in existence it would be more rare and anyone participating in the coin would drive the price up. You don't have to mimic Bitcoin to have a successful coin. If there is a marketcap that sustains purchases it will be viable.

No one said that >there's not enough coin in circulation. That's you. But your logic in that makes 0 sense. >not enough coin in circulation since you own most of it...So we reduce that supply further, by 90%?!?!?!?!

>The price automatically goes up 10x when you do a 10:1 split.
No, the price is set by the market. "Market value". The total coin supply has a lot to do with this, but it's not the only variable to take into account. How well the coin is known, how many people trade it, what the reputation of the coin is after a big change like this (looking to be really a horrible reputation), etc. I can come up with many more reasons if you'd like. Which brings us back to... you have a teeny brain made of cockflesh if you think that a 10:1 split means a 10x increase in price

>You don't have to mimic bitcoin to have a successful coin.
*Sigh* /facepalm
The coins that most closely resemble bitcoin.. in the bitcoin/litecoin alt coin space, are the ones that are the most successful. Take a look at Coinmarketcap. 50 of the top 100 are almost exact clones of Bitcoin or Litecoin.

>If there is a market cap that sustains purchases it will be viable

Yes. Exactly. You are 100% correct. My point is that there is no market cap to sustain purchases.  Price slide is the market cap, they own over 25% of the coin. The simple fact that Bittrex and kingscrown would execute this scam without consulting the largest holder of the coin is despicable.

I was quoting Priceslide they said they own 4Million. I have been a supporter since day one remember me? I was talking purely about the number of coin compared to BitCoin.

Do you think that buyers will lose money on their investment at .00000200 or would you think they start at .00002000 that is why 10x is automatic. If it stays at .00000200 then we lose 10x why would people do that?

newbie
Activity: 1
Merit: 0
Wow, silence from the dev! So shocked.

How about you address the following:

"dev fund is a must for continued development and bounties."
There has been no development or bounties for months, how can we be GUARANTEED that this will change?!

"algo and coin supply changes"
why aren't you just making a different coin?!?!?!?!

"10:1 supply cut"
1. There's not enough interest in the coin for the price to go up 10x at announcement... see current market conditions.
2. 15-20million is an appropriate amount of coins for proper circulation, SEE: BITCOIN.
3. This coin already has extremely poor distribution, this will further centralize the few people willing to hold this coin.
4. Bad marketing. There aren't enough people that know about exclusivecoin for it to matter to them that that the coin supply is being decimated.
5. Offer to "sell if you don't like the changes" but THERE IS NO VOLUME ON THIS COIN'S MARKET

Not enough coin in circulation since you own most of it, not enough volume but you manipulated the volume. Smiley The price automatically goes up 10x when you do a 10:1 split. If it was worth .00000200 before the split then it will be .00002000 after the split. No loss of value at all. If there is less coin in existence it would be more rare and anyone participating in the coin would drive the price up. You don't have to mimic Bitcoin to have a successful coin. If there is a marketcap that sustains purchases it will be viable.

No one said that >there's not enough coin in circulation. That's you. But your logic in that makes 0 sense. >not enough coin in circulation since you own most of it...So we reduce that supply further, by 90%?!?!?!?!

>The price automatically goes up 10x when you do a 10:1 split.
No, the price is set by the market. "Market value". The total coin supply has a lot to do with this, but it's not the only variable to take into account. How well the coin is known, how many people trade it, what the reputation of the coin is after a big change like this (looking to be really a horrible reputation), etc. I can come up with many more reasons if you'd like. Which brings us back to... you have a teeny brain made of cockflesh if you think that a 10:1 split means a 10x increase in price

>You don't have to mimic bitcoin to have a successful coin.
*Sigh* /facepalm
The coins that most closely resemble bitcoin.. in the bitcoin/litecoin alt coin space, are the ones that are the most successful. Take a look at Coinmarketcap. 50 of the top 100 are almost exact clones of Bitcoin or Litecoin.

>If there is a market cap that sustains purchases it will be viable

Yes. Exactly. You are 100% correct. My point is that there is no market cap to sustain purchases.  Price slide is the market cap, they own over 25% of the coin. The simple fact that Bittrex and kingscrown would execute this scam without consulting the largest holder of the coin is despicable.
legendary
Activity: 987
Merit: 1003
Wow, silence from the dev! So shocked.

How about you address the following:

"dev fund is a must for continued development and bounties."
There has been no development or bounties for months, how can we be GUARANTEED that this will change?!

"algo and coin supply changes"
why aren't you just making a different coin?!?!?!?!

"10:1 supply cut"
1. There's not enough interest in the coin for the price to go up 10x at announcement... see current market conditions.
2. 15-20million is an appropriate amount of coins for proper circulation, SEE: BITCOIN.
3. This coin already has extremely poor distribution, this will further centralize the few people willing to hold this coin.
4. Bad marketing. There aren't enough people that know about exclusivecoin for it to matter to them that that the coin supply is being decimated.
5. Offer to "sell if you don't like the changes" but THERE IS NO VOLUME ON THIS COIN'S MARKET

Not enough coin in circulation since you own most of it, not enough volume but you manipulated the volume. Smiley The price automatically goes up 10x when you do a 10:1 split. If it was worth .00000200 before the split then it will be .00002000 after the split. No loss of value at all. If there is less coin in existence it would be more rare and anyone participating in the coin would drive the price up. You don't have to mimic Bitcoin to have a successful coin. If there is a marketcap that sustains purchases it will be viable.
legendary
Activity: 987
Merit: 1003
So in theory you buy now and after the swap the value increased 10 times ?

one thing for certain is the coin with be even more exclusive!

Im holding and buying more Smiley

There will be less supply too. Look at the distribution tab. 10Mil becomes 1Mil. Less coin more demand, the price will go up.
legendary
Activity: 1672
Merit: 1010
are you still intending to claim the unclaimed EXCL for yourself?  

Hope you will be transparent and show how much is swapped, number of claimants and distribution.  This has been very sketchy coin from the start, very little dev work after the ICO, nothing delivered.
hero member
Activity: 627
Merit: 500
Just sent the remainder from my wallet.  Hope it still arrives before the swap?
full member
Activity: 195
Merit: 100
EXCL Coin Official Developer
hero member
Activity: 736
Merit: 500
So in theory you buy now and after the swap the value increased 10 times ?

one thing for certain is the coin with be even more exclusive!

Im holding and buying more Smiley
full member
Activity: 195
Merit: 100
EXCL Coin Official Developer
Bittrex is doing changes in layout today so there might be slight delay in the swap but do not worry - leave your trades open.
Before swap all trades will be taken down.


So there is no risk to sell to cheap.
legendary
Activity: 987
Merit: 1003
price raised on all exchanges = bittrex

im buying - drop all your EXCL on me Smiley))))

That was me Smiley thought I would throw some support for the coin looks like it will reduce down to 1 Million coin if Bittrex distribution stays the same... The price should then go to 1200 sat so it is x10...
hero member
Activity: 966
Merit: 1003
That means from existing ~36525660 coins there will be only ~3652566.

According to http://coinmarketcap.com/currencies/exclusivecoin/ the supply is only ~13 million, not 36?
legendary
Activity: 1526
Merit: 1000
the grandpa of cryptos
price raised on all exchanges = bittrex

im buying - drop all your EXCL on me Smiley))))
legendary
Activity: 1512
Merit: 1000
quarkchain.io
It's going to be some interesting movement. Hope to realive the interest to EXCL a bit. Cheers...
full member
Activity: 195
Merit: 100
EXCL Coin Official Developer
EXCL SWAP TO NEW CHAIN and TECHNOLOGY

Hello guys,
finally after some trouble i have in my hands fully working code of EXCL with new wallet and features.

The news will be pushed after re-launch but here is important info and timeframe that lets you to decide what you want to do.

In ~5 days trading of EXCL will be halted on Bittrex and exchange will do the swap by 1:10.

That means from existing ~36525660 coins there will be only ~3652566.

This is what is exactly goign to happen:

All coins that wont be on Bittrex by this date will go towards dev fund. The fund is a must to keep updates and bounties going.
EXCL from PoW/PoS x11 will go to full PoS mode with Masternodes.
Algo stays X11, we will have darksend, coin mixing and more.
We have full time dev now, that will adress problems and takeover the coin after fixes.

Future development:
We are working on roadmap but what you can expect:
- More features of the wallet
- Adding to more exchanges (more than we had before)
- Restarting EXCL Outlet (shop where you could buy things for EXCL)
- Some cross-promo services with other coins.


If you like this, send coins to Bittrex to be ready for the swap (coins not sent by the swpa time are lost from users forever).
If you dont like this, send coins to Bittrex and sell to me or others interested.


Sorry for the wait but we made it. You gonna like whats upcoming!


KC & EXCL team.
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