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Topic: Elastic (XEL) Price Speculation - #Added to Bittrex - page 8. (Read 54170 times)

hero member
Activity: 994
Merit: 513
(…)doing exactly what you plan to do(…)

I think you got it the other way around there, buddy.

Nobody bothers to look at golem, that's why nobody answers. We are not in competition with them.

Do they have a working product? XEL does. Admittedly, "working" as in proof-of-concept-state, but still.

Last time I checked, which is a few months ago, Golem and Elastic were designed for different usecases; Golem for things like rendering and so on, Elastic for things which are, for lack of a better term, bruteforceable. Maybe they updated their roadmap since then, I don't know and I don't care.

And with that, welcome to my ignore list.
copper member
Activity: 2324
Merit: 1348
_________________
Elastic OTC List
_________________
Elastic
- The Decentralized Supercomputer

ELASTIC WEBSITE | ANNOUNCEMENT THREAD | ELASTIC SLACK | ELASTIC FORUM

WTB Want to buy
Code:

Amount SAT User
__any x,xxxx PM metamorphin (after Release)
__any x,xxxx PM dranster
__any x,xxxx PM BTCspace (after Release)
__any x,xxxx PM provenceday
__any x,xxxx PM bakedrice
__any x,xxxx PM mr.coinzy
__any   x,xxxx PM bcpokey https://bitcointalk.org/index.php?action=profile;u=11371
__any x,xxxx PM dumpida https://bitcointalk.org/index.php?action=profile;u=661300
500000 1000 PM xxnwxf https://bitcointalk.org/index.php?action=profile;u=947718
250000 1200 PM cryptoboy.architect https://bitcointalk.org/index.php?action=profile;u=283681
10000 2000 PM miayama
__any 2000 PM whiskers75 https://bitcointalk.org/index.php?action=profile;u=56964
__any 3000 PM nightwishx https://bitcointalk.org/index.php?action=profile;u=213418
__any 3000 PM acoco https://bitcointalk.org/index.php?action=profile;u=928026
__any 5000 PM yangnazterp5021
1000000 3500 PM win777 https://bitcointalk.org/index.php?action=profile;u=948479
__any 4100 PM Mgrover https://bitcointalk.org/index.php?action=profile;u=852605
1000000 4000 PM trader19 https://bitcointalk.org/index.php?action=profile;u=99349
50000 4500 PM maxxar https://bitcointalk.org/index.php?action=profile;u=91575
208 4766 PM abakr https://bitcointalk.org/index.php?action=profile
__any 5300 PM marcus1986 https://bitcointalk.org/index.php?action=profile;u=226668
4500 5500 PM #BiT_pOL https://bitcointalk.org/index.php?action=profile;u=144038
__any 6000 PM Godson_Mansa https://bitcointalk.org/index.php?action=profile;u=552216
1000000 6000 PM nightwishx https://bitcointalk.org/index.php?action=profile;u=213418
__any 6500 PM aa417444103 https://bitcointalk.org/index.php?action=profile;u=200508
20000 10000 PM theheolyn https://bitcointalk.org/index.php?action=profile;u=966144
12000 12000 PM whiskers75 https://bitcointalk.org/index.php?action=profile;u=56964
20000+ 13000 PM wsbltc https://bitcointalk.org/index.php?action=profile;u=139063
3500 25000 PM Bgjjj2016 https://bitcointalk.org/index.php?action=profile;u=804073

WTS Want to sell

Code:

Amount SAT User
10000 12000 PM ltcgearscammed https://bitcointalk.org/index.php?action=profile;u=407620
180752 12700 PM wwdz99 https://bitcointalk.org/index.php?action=profile;u=163007
5000 18000 PM ltcgearscammed https://bitcointalk.org/index.php?action=profile;u=407620
15000 24000 PM hunterwolf https://bitcointalk.org/index.php?action=profile;u=174165
5000+ 28000 PM marechoux https://bitcointalk.org/index.php?action=profile;u=217105
7000 30000 PM Thefrolly
500000 33000 PM bubbletea789 https://bitcointalk.org/index.php?action=profile;u=389807
20000+ 35000 PM marechoux https://bitcointalk.org/index.php?action=profile;u=217105 over 20K Discount
10000 40000 PM by rallier https://bitcointalk.org/index.php?action=profile;u=152486
100000 40000 PM recursive_ https://bitcointalk.org/index.php?action=profile;u=1036117
_any 75000 PM cebb https://bitcointalk.org/index.php?action=profile;u=112596 && TOP30
500000 100000 PM smoke14 https://bitcointalk.org/index.php?action=profile;u=506013
5000 100000 PM bkeenan https://bitcointalk.org/index.php?action=profile;u=114990
100000 100000 PM recursive_ https://bitcointalk.org/index.php?action=profile;u=1036117
12500 100000+ PM MiningSev0 https://bitcointalk.org/index.php?action=profile;u=378111
17500 100000 PM HomoHenning https://bitcointalk.org/index.php?action=profile;u=828845
50000 120000 PM Limx Dev https://bitcointalk.org/index.php?action=profile;u=389271 Escrow only Yassin
8238 170000 PM cryptoburrito https://bitcointalk.org/index.php?action=profile;u=1031834
70000 200000 PM josegines https://bitcointalk.org/index.php?action=profile;u=88798
100000 500000 PM 1cent https://bitcointalk.org/index.php?action=profile;u=1016538 unvoid or byralier for escrow
26000 500000 PM Bgjjj2016 https://bitcointalk.org/index.php?action=profile;u=804073
50000 0,1 BTC PM Evil-Knievel
5 1 BTC PM bobmarley650 https://bitcointalk.org/index.php?action=profile;u=138323
 58657 __any PM Gomeler https://bitcointalk.org/index.php?action=profile;u=35249
__any __any PM dranster
92696 __any PM cryptoheadd

You can add your order with this template:

WTB Amount Prize PM USER Optional your Bitcointalk link
18881 4766 PM juras54 https://bitcointalksearch.org/user/juras54-199703
WTS Amount Prize PM USER Optional your Bitcointalk link

[Prize = SAT] Please only with SAT

Donation for Service : 15Gr7QxmBFHNpWsV5CKTNuyEhwtD5JiW1P
member
Activity: 90
Merit: 10
So many FUD and low-ballers here. Don't listen to newbie and jr.accounts. Remember that elastic donation period was at the beginning of the 2016 till augost 2016. Check registration of the person who could donate during this period. Don't wonna check this thread anymore cause of too much FUD from newbies about gridcoin(don't even know about it). Just one person made several account and talking about gridcoin. Be careful!

Calling valid criticism "FUD" makes you look desperate and insecure. It shows that you can't form a rational counter-argument. And the fact that you don't even know what GridCoin is (a well-known distributed computing project based on BOINC and already traded on the biggest exchanges) shows how woefully uninformed you are.

I've asked what makes XEL better than Golem and the response was nothing but outdated misinformation. That's not a good sign for XEL. When there's already a goliath in the market doing exactly what you plan to do and you can't explain why you're better or different, you have a problem. The fact that EK doesn't even seem to understand Golem is even worse. His canned response is still "But they're just doing Blender rendering!"

XEL doesn't even have a current white paper and people think it's worth $30m? That's just plain idiocy. They can't even put together a functional website -- most of their links just go straight to GitHub. No team page. No FAQ. Abandoned by the original dev. It looks like a bad joke.

This has all the hallmarks of a doomed project or a thinly veiled cash grab.
legendary
Activity: 868
Merit: 1000
So many FUD and low-ballers here. Don't listen to newbie and jr.accounts. Remember that elastic donation period was at the beginning of the 2016 till augost 2016. Check registration of the person who could donate during this period. Don't wonna check this thread anymore cause of too much FUD from newbies about gridcoin(don't even know about it). Just one person made several account and talking about gridcoin. Be careful!
hero member
Activity: 724
Merit: 500
The fact that you admit the original dev disappeared after distributing some of the original donations is extremely troubling.

It is! As troubling as the disappearance of Satoshi.
member
Activity: 90
Merit: 10
Edit: Just read that XEL was basically abandoned by its original creator (Lannister), and someone named EK volunteered to take over but most likely won't stick around after launch. The more I read about XEL, the more ridiculous the current prices seem and the more I think it will plummet once it hits a real exchange.

Wait, is EK Evil-Knievel? Hahaha oh boy...

Stop trolling! Lannister, the original creator mentioned health problems before disappering and spread some of the original donations to other devs that have joined his project. After Lannister disappeared the other devs continued the development for a long time for free. Only recently have the devs received some donations from the community, including a alrge 500k XEL donation from one user. They are still working hard on the project, for many hours each day.

Trolling? I'm just repeating what I've read in the XEL threads on these forums.

Stop referring to all criticism as "trolling" and "FUD", it only makes you look desperate.

The fact that you admit the original dev disappeared after distributing some of the original donations is extremely troubling.
hero member
Activity: 724
Merit: 500
It was on medium.

https://medium.com/@WhalePanda/consensus-2017-recap-36e91b91aa9a

WhalePanda:

Take Golem for example: $400 million+ marketcap and not even a properly working product, just because it’s on Ethereum. Elastic for example is a similar project, they raised 700+ BTC in donations but they basically have a superior working product close to launch.
newbie
Activity: 46
Merit: 0
Edit: Just read that XEL was basically abandoned by its original creator (Lannister), and someone named EK volunteered to take over but most likely won't stick around after launch. The more I read about XEL, the more ridiculous the current prices seem and the more I think it will plummet once it hits a real exchange.

Wait, is EK Evil-Knievel? Hahaha oh boy...

Stop trolling! Lannister, the original creator mentioned health problems before disappering and spread some of the original donations to other devs that have joined his project. After Lannister disappeared the other devs continued the development for a long time for free. Only recently have the devs received some donations from the community, including a alrge 500k XEL donation from one user. They are still working hard on the project, for many hours each day.
full member
Activity: 147
Merit: 100

I also noticed PandaWhale mentioned XEL on Twitter, but in the same Tweet he said it may already be overvalued.

This is FUD. PandaWhale said that some coins are overvalued, but not specifically XEL.

Actually he tweeted once that Golem market cap is a joke compared to XEL, as XEL is an almost completed product vs the wishful thinking of GOLEM.
member
Activity: 90
Merit: 10
Yesterday when I offered around 16k sats per XEL I got 6 offers and due to that I raised it to 18k and most where happy to do the trade. Today I am seeing quite a few people wanting to buy around 20k.

I am selling 5-8k as I want to keep a few XEL for myself. I am selling at 22k sats each. PM if interested.

I think below 20k XEL is undervalued but above 25k is overvalued. That's why I am going with a price in between.


I was about to transfer some BTC to the Heat exchange and put in an order around that price, but I'm just afraid this project might've gotten over-hyped by the little Bitcointalk OTC bubble. 25k would put the valuation at $41m, which means it would leapfrog GridCoin without being on a single big exchange...

I'm afraid once it gets listed on a bigger exchange like Bittrex or Polo people might shy away from that valuation and the price could dip to 5k-10k.

IIRC, these prices are already 40x the ICO price.

I'm not into this tech stuff, but most of the people think that XEL is more advanced platform than Golem, that's why most of the buyers and the twitter accounts with lots of followers are buiyng and talking about it.



People holding XEL think XEL is more advanced than Golem. The reality is that Golem is meant to do everything. It will support custom applications just like XEL, but all the delusional people in this thread seem to think only XEL can do that.

I also noticed PandaWhale mentioned XEL on Twitter, but in the same Tweet he said it may already be overvalued.

Golem seems to be aiming for a much broader market, and it took them years just to break $10m valuation. People are already selling XEL at $40m+ valuation.

Edit: Just read that XEL was basically abandoned by its original creator (Lannister), and someone named EK volunteered to take over but most likely won't stick around after launch. The more I read about XEL, the more ridiculous the current prices seem and the more I think it will plummet once it hits a real exchange.

Wait, is EK Evil-Knievel? Hahaha oh boy...
legendary
Activity: 1232
Merit: 1001
Yesterday when I offered around 16k sats per XEL I got 6 offers and due to that I raised it to 18k and most where happy to do the trade. Today I am seeing quite a few people wanting to buy around 20k.

I am selling 5-8k as I want to keep a few XEL for myself. I am selling at 22k sats each. PM if interested.

I think below 20k XEL is undervalued but above 25k is overvalued. That's why I am going with a price in between.


I was about to transfer some BTC to the Heat exchange and put in an order around that price, but I'm just afraid this project might've gotten over-hyped by the little Bitcointalk OTC bubble. 25k would put the valuation at $41m, which means it would leapfrog GridCoin without being on a single big exchange...

I'm afraid once it gets listed on a bigger exchange like Bittrex or Polo people might shy away from that valuation and the price could dip to 5k-10k.

IIRC, these prices are already 40x the ICO price.

I'm not into this tech stuff, but most of the people think that XEL is more advanced platform than Golem, that's why most of the buyers and the twitter accounts with lots of followers are buiyng and talking about it.

newbie
Activity: 8
Merit: 104
member
Activity: 90
Merit: 10
Yesterday when I offered around 16k sats per XEL I got 6 offers and due to that I raised it to 18k and most where happy to do the trade. Today I am seeing quite a few people wanting to buy around 20k.

I am selling 5-8k as I want to keep a few XEL for myself. I am selling at 22k sats each. PM if interested.

I think below 20k XEL is undervalued but above 25k is overvalued. That's why I am going with a price in between.


I was about to transfer some BTC to the Heat exchange and put in an order around that price, but I'm just afraid this project might've gotten over-hyped by the little Bitcointalk OTC bubble. 25k would put the valuation at $41m, which means it would leapfrog GridCoin without being on a single big exchange...

I'm afraid once it gets listed on a bigger exchange like Bittrex or Polo people might shy away from that valuation and the price could dip to 5k-10k.

IIRC, these prices are already 40x the ICO price.
legendary
Activity: 1260
Merit: 1168
Keep in mind that those other projects (i.e. Golem, SONM, etc) are targeting use cases that are easily marketable (rendering video, BOINC, etc). XEL is very low level compared to that...it will require the author to code a job in ElasticPL...this is not an easy task.So while the purpose of XEL is great, it's does not nearly have the mass appeal as those other coins. So I just caution folks tobe realistic...XEL is nothing like the other projects in this area.

You forgot to add a reference to your quote from coralreefer.
newbie
Activity: 28
Merit: 0
Keep in mind that those other projects (i.e. Golem, SONM, etc) are targeting use cases that are easily marketable (rendering video, BOINC, etc). XEL is very low level compared to that...it will require the author to code a job in ElasticPL...this is not an easy task.So while the purpose of XEL is great, it's does not nearly have the mass appeal as those other coins. So I just caution folks tobe realistic...XEL is nothing like the other projects in this area.
member
Activity: 90
Merit: 10
Given that a good amount of coins will not be redeemed (http://elasticexplorer.org/about/) and looking at other altcoin market capitalizations a fair initial price for XEL should be around 2.1$ in my opinion (around 78k satoshi).

That would put XEL well over $100m market cap. Seems pretty generous considering GridCoin is still below $30m, and many people say Grid is more practical than Golem. How Golem reached $500m+ is beyond me... AFAIK they don't even have a working product yet. The only render test I heard of returned pretty unimpressive results.

The XEL spread on Heatwallet is pretty interesting right now. Bids around .00017 and Asks at .00025.
newbie
Activity: 72
Merit: 0
Hello, i want to buy 0.5 BTC of XEL, how I cant post a trade?

Thanks.
hero member
Activity: 531
Merit: 500
Given that a good amount of coins will not be redeemed (http://elasticexplorer.org/about/) and looking at other altcoin market capitalizations a fair initial price for XEL should be around 2.1$ in my opinion (around 78k satoshi).

Even 2$ is nothing for this project. It´s already working , better than golem and co , and with real life usage!


edit: 5$ is more than reachable first few months
legendary
Activity: 1092
Merit: 1001
Given that a good amount of coins will not be redeemed (http://elasticexplorer.org/about/) and looking at other altcoin market capitalizations a fair initial price for XEL should be around 2.1$ in my opinion (around 78k satoshi).
copper member
Activity: 2324
Merit: 1348
_________________
Elastic OTC List
_________________
Elastic
- The Decentralized Supercomputer

ELASTIC WEBSITE | ANNOUNCEMENT THREAD | ELASTIC SLACK | ELASTIC FORUM

WTB Want to buy
Code:
 
Amount SAT User
__any x,xxxx PM metamorphin (after Release)
__any x,xxxx PM dranster
__any x,xxxx PM BTCspace (after Release)
__any x,xxxx PM provenceday
__any x,xxxx PM bakedrice
__any x,xxxx PM mr.coinzy
__any   x,xxxx PM bcpokey https://bitcointalk.org/index.php?action=profile;u=11371
__any x,xxxx PM dumpida https://bitcointalk.org/index.php?action=profile;u=661300
500000 1000 PM xxnwxf https://bitcointalk.org/index.php?action=profile;u=947718
250000 1200 PM cryptoboy.architect https://bitcointalk.org/index.php?action=profile;u=283681
10000 2000 PM miayama
__any 2000 PM whiskers75 https://bitcointalk.org/index.php?action=profile;u=56964
__any 3000 PM nightwishx https://bitcointalk.org/index.php?action=profile;u=213418
__any 3000 PM acoco https://bitcointalk.org/index.php?action=profile;u=928026
__any 5000 PM yangnazterp5021
1000000 3500 PM win777 https://bitcointalk.org/index.php?action=profile;u=948479
__any 4100 PM Mgrover https://bitcointalk.org/index.php?action=profile;u=852605
1000000 4000 PM trader19 https://bitcointalk.org/index.php?action=profile;u=99349
50000 4500 PM maxxar https://bitcointalk.org/index.php?action=profile;u=91575
208 4766 PM abakr https://bitcointalk.org/index.php?action=profile
__any 5300 PM marcus1986 https://bitcointalk.org/index.php?action=profile;u=226668
4500 5500 PM #BiT_pOL https://bitcointalk.org/index.php?action=profile;u=144038
__any 6000 PM Godson_Mansa https://bitcointalk.org/index.php?action=profile;u=552216
1000000 6000 PM nightwishx https://bitcointalk.org/index.php?action=profile;u=213418
__any 6500 PM aa417444103 https://bitcointalk.org/index.php?action=profile;u=200508
20000 10000 PM theheolyn https://bitcointalk.org/index.php?action=profile;u=966144
12000 12000 PM whiskers75 https://bitcointalk.org/index.php?action=profile;u=56964
20000+ 13000 PM wsbltc https://bitcointalk.org/index.php?action=profile;u=139063
3500 25000 PM Bgjjj2016 https://bitcointalk.org/index.php?action=profile;u=804073

WTS Want to sell

Code:
 
Amount SAT User
10000 12000 PM ltcgearscammed https://bitcointalk.org/index.php?action=profile;u=407620
180752 12700 PM wwdz99 https://bitcointalk.org/index.php?action=profile;u=163007
5000 18000 PM ltcgearscammed https://bitcointalk.org/index.php?action=profile;u=407620
15000 24000 PM hunterwolf https://bitcointalk.org/index.php?action=profile;u=174165
5000+ 28000 PM marechoux https://bitcointalk.org/index.php?action=profile;u=217105
7000 30000 PM Thefrolly
500000 33000 PM bubbletea789 https://bitcointalk.org/index.php?action=profile;u=389807
20000+ 35000 PM marechoux https://bitcointalk.org/index.php?action=profile;u=217105 over 20K Discount
10000 40000 PM by rallier https://bitcointalk.org/index.php?action=profile;u=152486
100000 40000 PM recursive_ https://bitcointalk.org/index.php?action=profile;u=1036117
_any 75000 PM cebb https://bitcointalk.org/index.php?action=profile;u=112596 && TOP30
500000 100000 PM smoke14 https://bitcointalk.org/index.php?action=profile;u=506013
5000 100000 PM bkeenan https://bitcointalk.org/index.php?action=profile;u=114990
100000 100000 PM recursive_ https://bitcointalk.org/index.php?action=profile;u=1036117
12500 100000+ PM MiningSev0 https://bitcointalk.org/index.php?action=profile;u=378111
17500 100000 PM HomoHenning https://bitcointalk.org/index.php?action=profile;u=828845
50000 120000 PM Limx Dev https://bitcointalk.org/index.php?action=profile;u=389271 Escrow only Yassin
8238 170000 PM cryptoburrito https://bitcointalk.org/index.php?action=profile;u=1031834
70000 200000 PM josegines https://bitcointalk.org/index.php?action=profile;u=88798
100000 500000 PM 1cent https://bitcointalk.org/index.php?action=profile;u=1016538 unvoid or byralier for escrow
26000 500000 PM Bgjjj2016 https://bitcointalk.org/index.php?action=profile;u=804073
50000 0,1 BTC PM Evil-Knievel
5 1 BTC PM bobmarley650 https://bitcointalk.org/index.php?action=profile;u=138323
 58657 __any PM Gomeler https://bitcointalk.org/index.php?action=profile;u=35249
__any __any PM dranster
92696 __any PM cryptoheadd

You can add your order with this template:

WTB Amount Prize PM USER Optional your Bitcointalk link
18881 4766 PM juras54 https://bitcointalksearch.org/user/juras54-199703
WTS Amount Prize PM USER Optional your Bitcointalk link

[Prize = SAT] Please only with SAT

Donation for Service : 15Gr7QxmBFHNpWsV5CKTNuyEhwtD5JiW1P
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