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Topic: [ANN] [XEL] :: XEL - The Decentralized Supercomputer :: - page 137. (Read 253610 times)

legendary
Activity: 952
Merit: 1000

Good luck with that. There are so many laws regulating that, set forth by the banking industry. It will be hell to wade through all that red-tape and will probably cost a fortune.

Exactly.  The gateway issue is one of the biggest issues holding back cryptocurrencies and there is no easy way of getting around it.  Anyone who does it without following the rules risks getting crushed by the full might of the US and other governments.  That is why we still have so few and they tend to be in locations which are less strict.
full member
Activity: 513
Merit: 150
Isn't there any other way for getting xel's than the heatwallet currently?
I already bought some of them via heatwallet but I would prefer any other market places
member
Activity: 122
Merit: 10
Guys i just saw rich list of xel. it says one wallet has 36million coins. surely that cant be right i thought biggest whale was 6million

hey mate, you are wrong, it is genesis account , Genesis account is redeem accont , 36m coin not redeemed yet. (max supply 100m. coin)
http://elasticexplorer.org/address/XEL-H22F-GBXY-4BXS-6S4VQ/
http://elasticexplorer.org/about/

phew thanks mate that. 13 people with stashes over 1million two have 11million combined. will be interesting to see when they dump

That doesn't mean anything! Bitcoin and all other coins have wallets with great amount.
hero member
Activity: 574
Merit: 500
Guys i just saw rich list of xel. it says one wallet has 36million coins. surely that cant be right i thought biggest whale was 6million

hey mate, you are wrong, it is genesis account , Genesis account is redeem accont , 36m coin not redeemed yet. (max supply 100m. coin)
http://elasticexplorer.org/address/XEL-H22F-GBXY-4BXS-6S4VQ/
http://elasticexplorer.org/about/

phew thanks mate that. 13 people with stashes over 1million two have 11million combined. will be interesting to see when they dump
legendary
Activity: 1848
Merit: 1334
just in case
Guys i just saw rich list of xel. it says one wallet has 36million coins. surely that cant be right i thought biggest whale was 6million

hey mate, you are wrong, it is genesis account , Genesis account is redeem accont , 36m coin not redeemed yet. (max supply 100m. coin)
http://elasticexplorer.org/address/XEL-H22F-GBXY-4BXS-6S4VQ/
http://elasticexplorer.org/about/
hero member
Activity: 574
Merit: 500
Guys i just saw rich list of xel. it says one wallet has 36million coins. surely that cant be right i thought biggest whale was 6million
legendary
Activity: 1848
Merit: 1334
just in case


Since launch 36 hours ago a total of 153 deposits and withdrawals have been made so far on the XEL gateway at HEAT AE, the complete list is available at https://elasticfans.herokuapp.com. More than 200,000 XEL have been traded during this time and the trend is increasing.


why heatwallet bitcoin withdraw so slow like 24hr? What happen on there?
i tried to use with small amount heatexchange. I dont like this "BTC redemption (cashout) fee is 0.25%, minimum 0.001 BTC. Processing time 0-24 hours. "
I am waiting more than 16hr ... I can't see any tx ID yet
full member
Activity: 190
Merit: 100
There are many FIAT / Crypto exchanges which can be used as a gateway.  Building an elastic only fiat gateway might be easier to implement since it could be spun in a way that its strictly buying tokens for a decentralized computer vs. buying crypto currencies.  In this way someone might be able to circumvent the KYC regimes in most places.

Its simply an online purchase of tokenized cloud computing resources akin to amazon or ibm services.

But doesn't that mean that:

(a) the purchase of XEL becomes centralised and we end up with a centralised element in our decentralised system

(b) we still end up creating a centralised commercial business, if it doesn't get caught up in the crypto sphere

legendary
Activity: 1232
Merit: 1001
Is there a way I can see the total % of XEL that is forging (for the whole network)?
legendary
Activity: 1232
Merit: 1001
Communication with exchanges is the key.  This is a solid project.  There is no reason not to expect that poloniex or other big exchanges would not include XEL if there's enough community chatter about it.
member
Activity: 170
Merit: 10
As the exchange discussion continues to grow, I just want to reiterate something....Elastic is not like other coins.  We are not (or at least should not be) marketing Elastic to the crypto community, our target user is University Faculty, Scientific Community, Researchers, Data Analyst, etc.

We are still a ways from being ready for them.  Behind the scenes we are working hard to finalize various parts of the design.  I just hope that the recent push to shove Elastic into the spotlight is not pre-mature...to me it is.

You're right. A good fit would probably be working with the QRL Project as I read before. They are targeting the same community as well.

Not familiar with QRL - do you have a website or bitcointalk link?

QRL is Quantum Resistant Ledger. Don't know much about them, but as far as I know, at the moment, they are just an Ethereum token and an idea. I think their name says a lot about their goals. Tried to find the ANN, but I am too lazy right now.

coralreefer, to your point:

I kinda agree, but since we are talking about exchanges and stuff: how are scientists supposed to aquire XEL? This is a question I ask myself for quite some time now; sending them to an exchange doesn't seem right ("first, go buy Bitcoin, then buy other coins with your Bitcoin, then send them to your wallet, that you installed, then submit the task…" riiiiiight).

What Eastic needs, and I'm sorry to say that, is some kind of central point, where people who want to use Elastic but don't want to bother with all that crypto stuff can go to and just use it. Ideally, all they would have to do is submit the job and send the amount needed in fiat money to someone who basically acts as a liason.
Or, alternatively, a place where they can stock up on XEL without the need to jump through hoops, such as buying BTC or the need to buy directly from miners.

I realize that I am talking about third party services here, but this could be make or break for the Elastic Network as a whole, that's why I mention it.

A fiat-elastic gateway is what is needed, dead simple to use.  Once the software is ready for commercial use that will be a useful service someone can build.

Good luck with that. There are so many laws regulating that, set forth by the banking industry. It will be hell to wade through all that red-tape and will probably cost a fortune.
member
Activity: 170
Merit: 10
As the exchange discussion continues to grow, I just want to reiterate something....Elastic is not like other coins.  We are not (or at least should not be) marketing Elastic to the crypto community, our target user is University Faculty, Scientific Community, Researchers, Data Analyst, etc.

We are still a ways from being ready for them.  Behind the scenes we are working hard to finalize various parts of the design.  I just hope that the recent push to shove Elastic into the spotlight is not pre-mature...to me it is.

You're right. A good fit would probably be working with the QRL Project as I read before. They are targeting the same community as well.

Not familiar with QRL - do you have a website or bitcointalk link?

QRL is Quantum Resistant Ledger. Don't know much about them, but as far as I know, at the moment, they are just an Ethereum token and an idea. I think their name says a lot about their goals. Tried to find the ANN, but I am too lazy right now.

coralreefer, to your point:

I kinda agree, but since we are talking about exchanges and stuff: how are scientists supposed to aquire XEL? This is a question I ask myself for quite some time now; sending them to an exchange doesn't seem right ("first, go buy Bitcoin, then buy other coins with your Bitcoin, then send them to your wallet, that you installed, then submit the task…" riiiiiight).

What Eastic needs, and I'm sorry to say that, is some kind of central point, where people who want to use Elastic but don't want to bother with all that crypto stuff can go to and just use it. Ideally, all they would have to do is submit the job and send the amount needed in fiat money to someone who basically acts as a liason.
Or, alternatively, a place where they can stock up on XEL without the need to jump through hoops, such as buying BTC or the need to buy directly from miners.

I realize that I am talking about third party services here, but this could be make or break for the Elastic Network as a whole, that's why I mention it.

Shapeshift could be an option. But the prices still need to be based off of exchanges, so exchanges are necessary (at some point). There's really no other way to get an accurate price.
hero member
Activity: 994
Merit: 513
As the exchange discussion continues to grow, I just want to reiterate something....Elastic is not like other coins.  We are not (or at least should not be) marketing Elastic to the crypto community, our target user is University Faculty, Scientific Community, Researchers, Data Analyst, etc.

We are still a ways from being ready for them.  Behind the scenes we are working hard to finalize various parts of the design.  I just hope that the recent push to shove Elastic into the spotlight is not pre-mature...to me it is.

You're right. A good fit would probably be working with the QRL Project as I read before. They are targeting the same community as well.

Not familiar with QRL - do you have a website or bitcointalk link?

QRL is Quantum Resistant Ledger. Don't know much about them, but as far as I know, at the moment, they are just an Ethereum token and an idea. I think their name says a lot about their goals. Tried to find the ANN, but I am too lazy right now.

coralreefer, to your point:

I kinda agree, but since we are talking about exchanges and stuff: how are scientists supposed to aquire XEL? This is a question I ask myself for quite some time now; sending them to an exchange doesn't seem right ("first, go buy Bitcoin, then buy other coins with your Bitcoin, then send them to your wallet, that you installed, then submit the task…" riiiiiight).

What Eastic needs, and I'm sorry to say that, is some kind of central point, where people who want to use Elastic but don't want to bother with all that crypto stuff can go to and just use it. Ideally, all they would have to do is submit the job and send the amount needed in fiat money to someone who basically acts as a liason.
Or, alternatively, a place where they can stock up on XEL without the need to jump through hoops, such as buying BTC or the need to buy directly from miners.

I realize that I am talking about third party services here, but this could be make or break for the Elastic Network as a whole, that's why I mention it.
legendary
Activity: 952
Merit: 1000
As the exchange discussion continues to grow, I just want to reiterate something....Elastic is not like other coins.  We are not (or at least should not be) marketing Elastic to the crypto community, our target user is University Faculty, Scientific Community, Researchers, Data Analyst, etc.

We are still a ways from being ready for them.  Behind the scenes we are working hard to finalize various parts of the design.  I just hope that the recent push to shove Elastic into the spotlight is not pre-mature...to me it is.

You're right. A good fit would probably be working with the QRL Project as I read before. They are targeting the same community as well.

Not familiar with QRL - do you have a website or bitcointalk link?
hero member
Activity: 1092
Merit: 507
btcstakes.com
As the exchange discussion continues to grow, I just want to reiterate something....Elastic is not like other coins.  We are not (or at least should not be) marketing Elastic to the crypto community, our target user is University Faculty, Scientific Community, Researchers, Data Analyst, etc.

We are still a ways from being ready for them.  Behind the scenes we are working hard to finalize various parts of the design.  I just hope that the recent push to shove Elastic into the spotlight is not pre-mature...to me it is.

You're right. A good fit would probably be working with the QRL Project as I read before. They are targeting the same community as well.
sr. member
Activity: 464
Merit: 260
As the exchange discussion continues to grow, I just want to reiterate something....Elastic is not like other coins.  We are not (or at least should not be) marketing Elastic to the crypto community, our target user is University Faculty, Scientific Community, Researchers, Data Analyst, etc.

We are still a ways from being ready for them.  Behind the scenes we are working hard to finalize various parts of the design.  I just hope that the recent push to shove Elastic into the spotlight is not pre-mature...to me it is.

Edit:  These target users probably have no idea what crypto coins are.  They expect the highest quality papers, communications, etc that are on par with the professionals they are used to working with.
member
Activity: 170
Merit: 10
Here are two options for dark backgrounds:
Thank you, I used this new logo at https://heatnodes.org It looks better.



Hi,
To list Elastic (XEL) on coinmarketcap.com, exchange must have a public API. It's possible with heatnodes.org?

Thanks
Yes, here it is: https://heatnodes.org/cmc_xel.php

At heatnodes.org we provide 100% transparency of all deposits and withdrawals into the HEAT Exchange. You can see from the chart at the following link that both deposits (increasing balance) and withdrawals (decreasing balance) have been made since launch yesterday: https://heatnodes.org/?ac=XEL-WESJ-3UCL-7UTC-894KZ&page_id=514

The Heat decentralized exchange is cool. Just needs some more volume/liquidity, especially on the buy side since it's most well-known to people on this forum thread (most likely sellers). I can't wait until decentralized exchanges are all that exist.

Just a suggestion: I am spending the most time watching this page https://heatnodes.org/?page_id=541. Would be cool if you could include the depth into the trading platform page in the future.
hero member
Activity: 1092
Merit: 507
btcstakes.com
If he lives in Germany its suicide to give 50% when holding bitcoins AKA crypto over a year has *ZERO* taxation

If you receive 1 BTC now at a price of 1000 EUR and you sell it in 2 years for 2000 EUR,
then you have pay 50% taxes on the 1000 EUR, the 1000 EUR in gains is tax free.


As far as i know it´s free after 1 year.

If you donated 1+ year ago for elastic and sell now e.g 100 elastic for 1btc (btc price = 2500€ for example) and hold the btc for e.g 2 weeks you have to pay taxes just only for the difference.  btc today/2500€ ; btc in 2 weeks/3000€  = pay taxes for 500€
By selling the btc instantly you have to pay nothing

Is there a limit?

(Sounds like I need to start learning German Wink )


no limit

I'm going to apply for a dual-citizenship in Germany. Lol.
legendary
Activity: 1316
Merit: 1041
Bitcoin is a bit**
If he lives in Germany its suicide to give 50% when holding bitcoins AKA crypto over a year has *ZERO* taxation

If you receive 1 BTC now at a price of 1000 EUR and you sell it in 2 years for 2000 EUR,
then you have pay 50% taxes on the 1000 EUR, the 1000 EUR in gains is tax free.


As far as i know it´s free after 1 year.

If you donated 1+ year ago for elastic and sell now e.g 100 elastic for 1btc (btc price = 2500€ for example) and hold the btc for e.g 2 weeks you have to pay taxes just only for the difference.  btc today/2500€ ; btc in 2 weeks/3000€  = pay taxes for 500€
By selling the btc instantly you have to pay nothing

Is there a limit?

(Sounds like I need to start learning German Wink )


no limit
sr. member
Activity: 581
Merit: 253
If he lives in Germany its suicide to give 50% when holding bitcoins AKA crypto over a year has *ZERO* taxation

If you receive 1 BTC now at a price of 1000 EUR and you sell it in 2 years for 2000 EUR,
then you have pay 50% taxes on the 1000 EUR, the 1000 EUR in gains is tax free.


As far as i know it´s free after 1 year.

If you donated 1+ year ago for elastic and sell now e.g 100 elastic for 1btc (btc price = 2500€ for example) and hold the btc for e.g 2 weeks you have to pay taxes just only for the difference.  btc today/2500€ ; btc in 2 weeks/3000€  = pay taxes for 500€
By selling the btc instantly you have to pay nothing

Is there a limit?

(Sounds like I need to start learning German Wink )
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