[ANN] [XEL] :: XEL - The Decentralized Supercomputer :: - page 114.

bobmarley650

legendary

Activity: 1232

Merit: 1001

The game is always like this. What can I say more?

XEL has a tech, active devs, good community and cheap price.

The first rule of profit making; buy low sell high.

IMO, price is not important for now, at least for me, my price is 0.001 btc (if you wish to buy from me), I'm the seller and this is my price.

I don't care the 13k price on bittrex right now, last week when it hit to first big exchange it was trading around 40k (first hours), some ICO donators sold their stash of course.

Who knows, maybe we can see these prices again this month, maybe more. I heard that Chinnese are bought some good amount in OTC. ( A Chinese exchange maybe).

13k 37k 50k 100k

My point is the price is not driving the project anywhere.

Project is good, idea is good, devs are amazing, spirit here is amazing.

Have a nice weekend.

Best.

mr.coinzy

hero member

Activity: 500

Merit: 507

Price moves up or price moves down, doesn't change the fact that this project is one of the good ones.
Solid dev work and great devs, solid tech to power it, highly progressive, vast potential for growth and highly disruptive, Great community (excluding obvious trolls who are here for their own agenda).
If you believe this project will release a good working system then current price should not matter to you anyway, it's just a long term view instead of impatient shortsightedness.

Crapsy

sr. member

Activity: 465

Merit: 250

shoutofgaia

XEL can be used to pay bills with in SEPA via a service on www.digital-easybill.fi.

naska21

hero member

Activity: 1358

Merit: 635

Quote from: pumpmydump on July 06, 2017, 08:28:49 AM

Yea long term maybe it will go high, short and medium term it has a lot of room to go down

Neither of us has a crystal ball when it comes to the future of any cryptocoin. The success of Elastic will depend on the attitude of developers (in wide sense) towards accepting decentralized paradigm in their design flow.

syclone

hero member

Activity: 756

Merit: 501

Quote from: Evil-Knievel on July 06, 2017, 03:26:08 PM

Quote from: techwriterjoe on July 06, 2017, 03:13:00 PM

They both said it. Trolls for sure.

I am pretty sure it's the same guy who claimed, that the redeeming mechanism will not work at all!
* rolling on the floor laughing *

Quote from: -Greed- on April 15, 2016, 07:16:22 AM

Later the other dev (EK) explains the redemption process:
https://bitcointalksearch.org/topic/m.14526549 (https://archive.is/wGUOL#selection-1673.0-1682.1)
https://bitcointalksearch.org/topic/m.14526785 (https://archive.is/wGUOL#selection-2645.0-2649.89)

Which is meaningless and actually cannot be done.

Good to see you pop in EK, although I don't blame you for keeping your head down with the other devs and working elsewhere. Nothing but price talk on here now. Me and my other buddies who are original "donators" are still holding, and even buying more on these dips.

coralreefer

sr. member

Activity: 464

Merit: 260

I guess my updates to my github over the last month mean nothing...so yes, I guess it's stalled then.

techwriterjoe

member

Activity: 95

Merit: 10

Quote from: KingsDS on July 06, 2017, 04:40:13 PM

Sorry, perhaps stalled was not the right word.

I was looking at the github and seen Lizyaffe, your main contributor has not committed in some time. Is that you who are on a break? Do you think you will be returning to the code soon?

Is there an up to date road map I can look at for the future of elastic?

I'm not sure if my question was answered before; are the developers of elastic being paid by the company, or is this a donated time open-source project?

Some open-source projects have a core team of paid developers, and then open it up to the community, I'm wondering if this is the case.

It looks like a very interesting project, I will be sure to keep watching!

Many of your questions will be easier to answer once our foundation is set up. That may take a week, that may take 3 months. I know others have already taken steps. We literally just got on to Bittrex 6 days ago. It was a big win for us, especially since all of our excellent devs have been grinding for 18 months.

The repos were recently organized, so that they would be ready for the exchanges, publicity, etc.

If you look at the prototypes, you'll see that we really are much further along than nearly any other project when they hit exchanges.

We are both a consumer product for researchers and an interesting crypto-currency project. Crossfield projects like these are usually slam dunks.

KingsDS

member

Activity: 84

Merit: 10

SPARC - A Distributed Supercomputer

Sorry, perhaps stalled was not the right word.

I was looking at the github and seen Lizyaffe, your main contributor has not committed in some time. Is that you who are on a break? Do you think you will be returning to the code soon?

Is there an up to date road map I can look at for the future of elastic?

I'm not sure if my question was answered before; are the developers of elastic being paid by the company, or is this a donated time open-source project?

Some open-source projects have a core team of paid developers, and then open it up to the community, I'm wondering if this is the case.

It looks like a very interesting project, I will be sure to keep watching!

ttookk

hero member

Activity: 994

Merit: 513

Quote from: Evil-Knievel on July 06, 2017, 03:26:08 PM

Quote from: techwriterjoe on July 06, 2017, 03:13:00 PM

They both said it. Trolls for sure.

I am pretty sure it's the same guy who claimed, that the redeeming mechanism will not work at all!
* rolling on the floor laughing *

Quote from: -Greed- on April 15, 2016, 07:16:22 AM

Later the other dev (EK) explains the redemption process:
https://bitcointalksearch.org/topic/m.14526549 (https://archive.is/wGUOL#selection-1673.0-1682.1)
https://bitcointalksearch.org/topic/m.14526785 (https://archive.is/wGUOL#selection-2645.0-2649.89)

Which is meaningless and actually cannot be done.

The redeeming process is actually one of the smoothest I've seen in numerous ICOs (yeah, I know, Elastic was not an ICO… But my point stands). Others can learn a lot from it.

techwriterjoe

member

Activity: 95

Merit: 10

Quote from: KingsDS on July 06, 2017, 04:05:11 PM

Is this project still active? It looks like they have stalled. Is there any active network outside of the coin itself?

If the developers are not being paid do they have full time jobs outside their work on elastic?

I have lots of questions about the future of this project. Would be interested to get in contact with leaders of elastic.

It has not stalled at all. I know, I am taking a much needed deep breath. The project has been going on for about 18 months and is not stopping. I have started to plan our conference in 2019/2020.

I am thinking Palau

https://www.youtube.com/watch?v=a5aJOUVupk4

https://en.wikipedia.org/wiki/Palau

It is strange to think in terms of "leader" for an open source project.

Love it. Can't wait to meet him in Palau.

KingsDS

member

Activity: 84

Merit: 10

SPARC - A Distributed Supercomputer

Is this project still active? It looks like they have stalled. Is there any active network outside of the coin itself?

are the developers working full time on elastic?

I have lots of questions about the future of this project. Would be interested to get in contact with leaders of elastic.

techwriterjoe

member

Activity: 95

Merit: 10

If we advertise, I am positive the price will jump. I have worked in finance/tech/marketing for 10 years. I've watched projects with larger money risks benefit from less-direct marketing. This is an easy spot. This will pay off handsomely. I don't think we should wait too much longer, either way it will work.

If you look at the patterns around verge, you'll see what I mean.

Also, Ethereum is not bad company to be in, as far as advertising on Bittrex.

Metros

full member

Activity: 308

Merit: 100

Looks like price dropping.

Probably the early investors (first 100) who owns almost 100% of XEL start to cash out.

Annoying but hey, at least more hands will own XEL now..

Evil-Knievel

legendary

Activity: 1260

Merit: 1168

Quote from: techwriterjoe on July 06, 2017, 03:13:00 PM

They both said it. Trolls for sure.

I am pretty sure it's the same guy who claimed, that the redeeming mechanism will not work at all!
* rolling on the floor laughing *

Quote from: -Greed- on April 15, 2016, 07:16:22 AM

Later the other dev (EK) explains the redemption process:
https://bitcointalksearch.org/topic/m.14526549 (https://archive.is/wGUOL#selection-1673.0-1682.1)
https://bitcointalksearch.org/topic/m.14526785 (https://archive.is/wGUOL#selection-2645.0-2649.89)

Which is meaningless and actually cannot be done.

techwriterjoe

member

Activity: 95

Merit: 10

Quote from: HmmMAA on July 06, 2017, 03:02:47 PM

Quote from: pumpmydump on July 06, 2017, 11:59:05 AM

Quote from: ImI on July 06, 2017, 08:42:59 AM

I remember investing in Dash aka Darkcoin when it was a measly 0.00005 and folks like you where all over the place. "Don't invest! Devs holds all of the coins!" And in that case it was even a much different situation as Darkcoin had no such clean and months long way of distribution as Elastic. It was basically an instamine. And yet, Dash went berserk right after i bought my first stake in it.

The only thing misleading here is to lure noobs into thinking they should look at the distribution of an asset when there are things to consider much more important than that. Think about marketcap in comparison to the competition, rate of inflation or the classical risk vs reward approach. All of that in combination with passionate developers and a clear goal and vision truly matters. While your advice is basically crap when it come to successful investing. Go ahead and checkout the starting distribution of lot and lots of projects and you will find no correlation between the two parameters, be it negative or positive. It will just distract you from the parameters that really matter.

Sure when the devs hold all the coins the thing can still explode, often because those devs are the ones artificially inflating the price.

The parameters that matter depend on the scale you're looking at. Long term of course those you mentioned matter the most. Short/medium term not so much. I see this thread as an echo chamber with every page filled with "to the moon" and "best investment ever" and "stupid dumpers" and so on, but truth is newbies putting money into it right now will get burnt, because most of them won't hold long term. It's the arrogance of your community that makes me react more than anything else.

You have no marketing, the devs are anonymous, top 100 balances hold nearly 90% of coins, most of them have made a 150x return on investment at current market price so tend to cash out a part of their stash, no surprise it's going down and likely will keep going down for a while. Yea what you mentioned will matter long term, right now it doesn't.

Are you the guy who said that XEL will never make it to exchanges because it has anonymous devs or it was another troll ?

They both said it. Trolls for sure.

The currency is distributed exactly like it should be/would be considering we have only been on 2 exchanges. Yes, the original 100 or so investors still own a lion's share, hell, all of the redemptions aren't even out yet. We can only sell the stuff so fast, and that's if the holders want to sell. It's no mystery that they would want to hold onto a coin that already has a working prototype.

HmmMAA

hero member

Activity: 1111

Merit: 588

Quote from: pumpmydump on July 06, 2017, 11:59:05 AM

Quote from: ImI on July 06, 2017, 08:42:59 AM

I remember investing in Dash aka Darkcoin when it was a measly 0.00005 and folks like you where all over the place. "Don't invest! Devs holds all of the coins!" And in that case it was even a much different situation as Darkcoin had no such clean and months long way of distribution as Elastic. It was basically an instamine. And yet, Dash went berserk right after i bought my first stake in it.

The only thing misleading here is to lure noobs into thinking they should look at the distribution of an asset when there are things to consider much more important than that. Think about marketcap in comparison to the competition, rate of inflation or the classical risk vs reward approach. All of that in combination with passionate developers and a clear goal and vision truly matters. While your advice is basically crap when it come to successful investing. Go ahead and checkout the starting distribution of lot and lots of projects and you will find no correlation between the two parameters, be it negative or positive. It will just distract you from the parameters that really matter.

Sure when the devs hold all the coins the thing can still explode, often because those devs are the ones artificially inflating the price.

The parameters that matter depend on the scale you're looking at. Long term of course those you mentioned matter the most. Short/medium term not so much. I see this thread as an echo chamber with every page filled with "to the moon" and "best investment ever" and "stupid dumpers" and so on, but truth is newbies putting money into it right now will get burnt, because most of them won't hold long term. It's the arrogance of your community that makes me react more than anything else.

You have no marketing, the devs are anonymous, top 100 balances hold nearly 90% of coins, most of them have made a 150x return on investment at current market price so tend to cash out a part of their stash, no surprise it's going down and likely will keep going down for a while. Yea what you mentioned will matter long term, right now it doesn't.

Are you the guy who said that XEL will never make it to exchanges because it has anonymous devs or it was another troll ?

Strebba90

full member

Activity: 132

Merit: 100

Quote from: d3t0x on July 03, 2017, 04:25:34 PM

click start forging at top of web wallet page

i don't have this button, where is it? so, i try to run a node.

techwriterjoe

member

Activity: 95

Merit: 10

Quote from: techwriterjoe on July 06, 2017, 02:41:55 PM

Quote from: o48o on July 06, 2017, 03:27:55 AM

Quote from: jeffthebaker on July 06, 2017, 12:51:04 AM

Quote from: kurumi on July 05, 2017, 05:00:32 AM

Quote from: bobmarley650 on July 05, 2017, 04:37:04 AM

https://talk.elasticexplorer.org/t/bittrex-advertising-3-btc/685

Bittrex advertising campaign

Bittrex advertising BTC address: 1P4uqK7PCCsM3nNr3oRzaa8EMooBnhLVa2

Remember that we need 3 BTC. Don't transfer any BTC after 3 BTC limit is reached. If you want to check if we already have 3 BTC here you have link to explorer: https://blockchain.info/pl/address/1P4uqK7PCCsM3nNr3oRzaa8EMooBnhLVa2

What does it mean to be "spotlighted" by Bittrex? Do we get some article written highlighting the technical components and product that XEL provides? Or is it just like a more defined position on the website? My apologies, I have little experience using Bittrex.

Logo just shows up on "the spotlight" space on the site, sometimes. Pointless

It does drive the price up. It will get us back up the front page of Bittrex. Is there BTC or XEL donation address for this? I think it's time anybody else?

VIA unvoid on our main forum:
Bittrex advertising BTC address: 1P4uqK7PCCsM3nNr3oRzaa8EMooBnhLVa2

Quote from: techwriterjoe on July 06, 2017, 02:44:30 PM

Quote from: techwriterjoe on July 06, 2017, 02:41:55 PM

Quote from: o48o on July 06, 2017, 03:27:55 AM

Quote from: jeffthebaker on July 06, 2017, 12:51:04 AM

Quote from: kurumi on July 05, 2017, 05:00:32 AM

Quote from: bobmarley650 on July 05, 2017, 04:37:04 AM

https://talk.elasticexplorer.org/t/bittrex-advertising-3-btc/685

Bittrex advertising campaign

Bittrex advertising BTC address: 1P4uqK7PCCsM3nNr3oRzaa8EMooBnhLVa2

Remember that we need 3 BTC. Don't transfer any BTC after 3 BTC limit is reached. If you want to check if we already have 3 BTC here you have link to explorer: https://blockchain.info/pl/address/1P4uqK7PCCsM3nNr3oRzaa8EMooBnhLVa2

What does it mean to be "spotlighted" by Bittrex? Do we get some article written highlighting the technical components and product that XEL provides? Or is it just like a more defined position on the website? My apologies, I have little experience using Bittrex.

Logo just shows up on "the spotlight" space on the site, sometimes. Pointless

It does drive the price up. It will get us back up the front page of Bittrex. Is there BTC or XEL donation address for this? I think it's time anybody else?

VIA unvoid on our main forum:
Bittrex advertising BTC address: 1P4uqK7PCCsM3nNr3oRzaa8EMooBnhLVa2

We only have .21 bitcoin so far, so please donate, thank you.

techwriterjoe

member

Activity: 95

Merit: 10

Quote from: o48o on July 06, 2017, 03:27:55 AM

Quote from: jeffthebaker on July 06, 2017, 12:51:04 AM

Quote from: kurumi on July 05, 2017, 05:00:32 AM

Quote from: bobmarley650 on July 05, 2017, 04:37:04 AM

https://talk.elasticexplorer.org/t/bittrex-advertising-3-btc/685

Bittrex advertising campaign

Bittrex advertising BTC address: 1P4uqK7PCCsM3nNr3oRzaa8EMooBnhLVa2

Remember that we need 3 BTC. Don't transfer any BTC after 3 BTC limit is reached. If you want to check if we already have 3 BTC here you have link to explorer: https://blockchain.info/pl/address/1P4uqK7PCCsM3nNr3oRzaa8EMooBnhLVa2

What does it mean to be "spotlighted" by Bittrex? Do we get some article written highlighting the technical components and product that XEL provides? Or is it just like a more defined position on the website? My apologies, I have little experience using Bittrex.

Logo just shows up on "the spotlight" space on the site, sometimes. Pointless

It does drive the price up. It will get us back up the front page of Bittrex. Is there BTC or XEL donation address for this? I think it's time anybody else?

TheDR

full member

Activity: 124

Merit: 100

Quote from: ImI on July 06, 2017, 08:42:59 AM

Quote from: pumpmydump on July 06, 2017, 08:28:49 AM

Quote from: ImI on July 06, 2017, 08:07:41 AM

Quote from: pumpmydump on July 06, 2017, 07:57:34 AM

Quote from: ImI on July 06, 2017, 07:11:46 AM

Quote from: pumpmydump on July 06, 2017, 06:46:08 AM

Quote from: toonwer on July 06, 2017, 06:22:56 AM

Quote from: pumpmydump on July 06, 2017, 06:14:10 AM

Quote from: Metros on July 06, 2017, 05:55:06 AM

Quote from: pumpmydump on July 06, 2017, 05:48:05 AM

Still 30 times above ICO price (200 times or so relative to USD), considering the massive bagholders dumping is to be expected, most of the supply is in the hands of a few

What was ICO price for 1 XEL?

700 sats. Around 700 btc raised during ICO spread among the total supply of 100,000,000 XEL. So more like 20 times above ICO price now (140 times above in USD since btc was 7 times less back then)

didn't know it till today. Where can i find info about how many xel holders?

http://elasticexplorer.org/ at the bottom of the page

Top 10 balances hold 50% of the circulating supply.

LOL, how about you doing the most basic research before you start spreading crap?

If you want to see the XEL-distribution after the ICO go and have a look at the genesis entry record. Since the network runs since a few weeks now lots of XEL have changed hands and the accounts you are naming "whales" here are nothing else then the XEL-accounts of the exchanges. Namely Bittrex on top with its 15Mio XEL wallet.

Try harder next time. Grin

Oh yea the XEL accounts of the exchanges, sitting at a whopping number of two!

Besides Bittrex there is Heat (XEL-WESJ-3UCL-7UTC-894KZ) with 275,000 XEL and ... that's it

I didn't take Bittrex into account my bad, that still doesn't look good

Conservatively that makes 35-40% of the supply for the top 10 balances and 85-90% for the top 100 balances

First, yes those 15m XEL of Bittrex MAKE a difference.

Second if you want to examine the Donation/ICO-Distribution go ahead and have a look at the Donation/ICO-Distribution. But don't come after weeks of trading and whine about you not liking seeing some big accounts.

It was pretty much the same shit back then :

https://talk.elasticexplorer.org/t/important-check-the-genesis-block-carefully/105/24

Top 10 balances had 30% of the supply, top 100 balances 80%, now it's worse (35-40% for top 10 balances, 85-90% for top 100 balances, accounting for the Bittrex wallet with conservative estimates on the distribution within the wallet, do the maths)

I don't whine, I state facts. I know you guys love to attack anyone saying anything negative related to this project, the facts remain, don't lure newbies into investing in XEL right now when top 100 balances hold nearly 90% of the supply.

Yea long term maybe it will go high, short and medium term it has a lot of room to go down

Again, if investing in Cryptocurrencies THE LAST THING i was worried about is if there are folks with more dough than me. It's all about development and passion for the project. Simple as that when it comes to (successful) investing.

I remember investing in Dash aka Darkcoin when it was a measly 0.00005 and folks like you where all over the place. "Don't invest! Devs holds all of the coins!" And in that case it was even a much different situation as Darkcoin had no such clean and months long way of distribution as Elastic. It was basically an instamine. And yet, Dash went berserk right after i bought my first stake in it.

The only thing misleading here is to lure noobs into thinking they should look at the distribution of an asset when there are things to consider much more important than that. Think about marketcap in comparison to the competition, rate of inflation or the classical risk vs reward approach. All of that in combination with passionate developers and a clear goal and vision truly matters. While your advice is basically crap when it come to successful investing. Go ahead and checkout the starting distribution of lot and lots of projects and you will find no correlation between the two parameters, be it negative or positive. It will just distract you from the parameters that really matter.

Lol there are really infinite variables to this. (I believe that literally). I am very happy to be a whale here

Topic: [ANN] [XEL] :: XEL - The Decentralized Supercomputer :: - page 114. (Read 253610 times)