[ANN] $XQN Quotient Financial Network | PoW Scrypt, PoS Blake-256 | UPDATE NOW - page 52.

SpeedDemon13

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Activity: 518

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Quote from: myagui on December 11, 2014, 06:52:53 PM

Quote from: billotronic on December 11, 2014, 06:27:11 PM

Quote from: SpeedDemon13 on December 11, 2014, 04:12:00 PM

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.....

myagui

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Activity: 1154

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Quote from: billotronic on December 11, 2014, 06:27:11 PM

Quote from: SpeedDemon13 on December 11, 2014, 04:12:00 PM

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!

spinladen

newbie

Activity: 46

Merit: 0

Quote from: billotronic on December 11, 2014, 06:27:11 PM

Quote from: SpeedDemon13 on December 11, 2014, 04:12:00 PM

Quote from: ancientcoins on December 11, 2014, 04:06:58 PM

Quote from: anticlimax on December 11, 2014, 04:03:56 PM

Quote from: ancientcoins on December 11, 2014, 04:01:04 PM

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.

billotronic

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Activity: 1610

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Crackpot Idealist

Quote from: SpeedDemon13 on December 11, 2014, 04:12:00 PM

Quote from: ancientcoins on December 11, 2014, 04:06:58 PM

Quote from: anticlimax on December 11, 2014, 04:03:56 PM

Quote from: ancientcoins on December 11, 2014, 04:01:04 PM

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.

CryptoClub

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Activity: 1470

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cryptocollectorsclub.com

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

spinladen

newbie

Activity: 46

Merit: 0

Quote from: SpeedDemon13 on December 11, 2014, 04:29:08 PM

Quote from: CryptoClub on December 11, 2014, 04:21:46 PM

Quote from: anticlimax on December 11, 2014, 04:19:05 PM

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!

SpeedDemon13

hero member

Activity: 518

Merit: 500

Quote from: CryptoClub on December 11, 2014, 04:21:46 PM

Quote from: anticlimax on December 11, 2014, 04:19:05 PM

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.

CryptoClub

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Activity: 1470

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cryptocollectorsclub.com

Quote from: anticlimax on December 11, 2014, 04:19:05 PM

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)

anticlimax

legendary

Activity: 1050

Merit: 1000

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

legendary

Activity: 1470

Merit: 1000

cryptocollectorsclub.com

Quote from: SpeedDemon13 on December 11, 2014, 04:12:00 PM

Quote from: ancientcoins on December 11, 2014, 04:06:58 PM

Quote from: anticlimax on December 11, 2014, 04:03:56 PM

Quote from: ancientcoins on December 11, 2014, 04:01:04 PM

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.

ancientcoins

legendary

Activity: 1568

Merit: 1003

🚀🚀 ATHERO.IO 🚀🚀

Quote from: SpeedDemon13 on December 11, 2014, 04:12:00 PM

Quote from: ancientcoins on December 11, 2014, 04:06:58 PM

Quote from: anticlimax on December 11, 2014, 04:03:56 PM

Quote from: ancientcoins on December 11, 2014, 04:01:04 PM

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

SpeedDemon13

hero member

Activity: 518

Merit: 500

Quote from: ancientcoins on December 11, 2014, 04:06:58 PM

Quote from: anticlimax on December 11, 2014, 04:03:56 PM

Quote from: ancientcoins on December 11, 2014, 04:01:04 PM

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

legendary

Activity: 1568

Merit: 1003

🚀🚀 ATHERO.IO 🚀🚀

Quote from: anticlimax on December 11, 2014, 04:03:56 PM

Quote from: ancientcoins on December 11, 2014, 04:01:04 PM

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

anticlimax

legendary

Activity: 1050

Merit: 1000

Quote from: ancientcoins on December 11, 2014, 04:01:04 PM

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.

ancientcoins

legendary

Activity: 1568

Merit: 1003

🚀🚀 ATHERO.IO 🚀🚀

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

CryptoClub

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Activity: 1470

Merit: 1000

cryptocollectorsclub.com

Quote from: CedricQuotient on December 11, 2014, 03:08:29 PM

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.

Very cool.. I sort of stumbled into QXN, and it looks like you have something really special here. My lucky day I guess, as this one should go way higher.

Keep up the good work!

anticlimax

legendary

Activity: 1050

Merit: 1000

Quote from: CedricQuotient on December 11, 2014, 03:08:29 PM

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.

Thanks for the update.
One week gives everyone enough time to do their thing before the snapshot.

CedricQuotient

sr. member

Activity: 270

Merit: 250

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.

myagui

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Activity: 1154

Merit: 1001

Quote from: skeletonbit on December 11, 2014, 10:22:09 AM

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:

Quote from: CedricQuotient on November 10, 2014, 10:30:22 PM

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!

skeletonbit

sr. member

Activity: 284

Merit: 250

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

Topic: [ANN] $XQN Quotient Financial Network | PoW Scrypt, PoS Blake-256 | UPDATE NOW - page 52. (Read 194463 times)