Topic: Let's learn about XC, And why it's the Future of Crypto "currencies" - page 2. (Read 5369 times)

That's correct, which is healthy during the developmental phase, opposed to a P&D or a POW with mining activity creating downward pressure.  Most coins are nominally, if at all, "spent" during this phase.  Once a coin has technology and is recognized, it's velocity will slowly increase as merchants and payments are made.  Slow Velocity is critical and healthy in the early stages.  Once it becomes more widely accepted, it then falls into true currency economic principles.   The price will be more of a reflection of value, compared with other world currency and BTC.  Ownership at this stage is irrelevant because it is a currency, meant to be spent.   Although it may still be traded, the swings are nominal and will fluctuate with value compared to goods and services.  However, POW coins dilution is much more amplified once it reaches this stage and inflation becomes a huge concern.  

I don't even know how to respond to this so i will just roll my eyes.  

Your stupidity stupefies.

So it actively discourages people from spending their XC, thus reducing any perceived or actual utility? Seriously.

I'm done with this thread. Cheers.

You also were making no sense with your argument from an economical theory and brand adoption perspective...

<> Deleted.  I said I was going to leave XC be.

The thing I like most about XC that it is POS and that the mining is complete.  Other coins that continue to mine are fighting dilution.   They go up in value, it becomes more and more attractive to mine, and many sell as soon as they get the coins.   The supply of coins is increasing on a daily basis and this increases volume, and Market Cap, but puts downward pressure on the price.   I looked at some of these coins and thought about investing, but the price I pay per coin is much higher that a the cost of mining a coin.  This will eventually catch up and the price will slowly fluctuate up a down, with a longer term downward trend.  I am comparing this to traditional investment where if a stock splits, the price in turn doubles so the stock is not diluted.  So, why would I invest in a coin that added significant shares through continued mining, with no immediate price change, other than downward sell pressure due to miners wanting to recoup cost and see this as an income source/job.   I like XC because it rewards current coinholders with a dividend, like a traditional stock, that is usually kept in the account and not immediately sold. 

LoL Thanks mate sorry about that i get emotional

Since some degree of mutual respect has returned to this thread, I'll venture a response to that POS vs POW post.

well that's why i started this thread to bring awareness and spark conversation on all things XC related, it just went way off topic, i just don't understand what that guy was saying about POS VS POW?

exactly. 

yeah they didn't try to attack XC very hard did they, just sort of gave up lol..XC is a solid investment i sleep easy every night

I wasn't calling you a twat dude, just pointing out they are everywere not just in XC threads!

Im just trying to be some kind of mediator here that's all.  

edit: and for the record, same here, Im holding long term and have 95% all in XC. But this is also why I like to hear opposing arguments.

So far I haven't heard anything to deter me from keeping my money in XC, but I will keep asking others opinions to try and keep a balanced opinion.

sorry for being a twat   been a long night, i can get like that...4.30 am here and every argument about XC being a fail has made no sense, and just for the record i'm in XC for the long run i have made my short term money XC is a long term, i'm holding 12-24 months at least.

This thread now seems to have turned into pointless bickering about who's got the most money. lol.

I appreciate the reply about PoS, but still dont quite understand what you're saying. The way I understand it, its just like earning interest on what you have in the bank (wallet). 3.33% is what everyone earns over a year. Ok, the early adopters will be getting more because they have more coins, but then im sure they will also be spending more and the wealth will slowly get spread out. Maybe Im wrong here?
Personally I cant afford mining equipment, so PoS suits me better, (and the majority of the general public, i would imagine)

2. I Didn't think XC had really done much marketing? The website was basically re done due to the community screaming and shouting about how crap the original one was. The original site had no information and looked shit, this was a good improvement. I spose it is a bit promotional, but i dont see how it "shouts make daddon rich" lol

3. You dont need a single XC coin to use Xchat/Tor stick (the Tor stick basically just being a bootable operating system with XChat built into a wallet (again, no coins needed) that will hide your i.p.

4. Can't argue with  your opinion, but I think Synechist is pretty reasonable? pretty much everyone else in our thread is just a person gambing in crypto, there seems to be a lot of twats in every currency from what I have seen. lol

What's your bet then? you want to put BTC on this then lets do it!! point taken on my spelling i did leave school at 14 so can't expect too much...but what's your bet i want it in escrow.

You keep brining that up like someone life depends on it.

Dude.  The title of this thread is "Currencys" - it should read "currencies".  You have 250K and you aren't willing to bet on the three month outcome of this coin?

Geeze - OK new priority for XC team.  Get higher quality shills.  You are going on ignore.  And I will *try* to stay out of XC threads. 

what's bigger? your Ego..I could of told you that....and where did i write currencies ? lol..and hey your the one saying iv'e got to lose to learn..i'm just saying i got nothing to lose, not bragging, just saying.

Yeah well - I know the difference between currencys & currencies ... plus mine is bigger.  Sheesh ...