Topic: Why I went all in on Xtrabytes. - page 2. (Read 3196 times)
Good luck with showing that guts to invest all you got into a single coin,first and foremost the coin is not listed in any major exchange and hence i wont see it growing before getting listed in Polo or bittrex or any Chinese or Korean or Japanese exchanges.If the developers could provide a decent plan they could be listed in major exchanges but i am not sure about the fees to list the coins.Lets see whether it will be listing in the next four months.
I'm usually pretty bullish on unique altcoins that are undervalued and have an active community. However, for some reason I just can't get myself to jump on Xtrabytes. Maybe it's because most people who talk about it just seem like shills and can't really qualify why Xtrabytes "is the future".
Who knows though, maybe it'll skyrocket and I'll look back at this post and wonder why I didn't just jump in while it was cheap. That's just the way it goes I guess lol.
Who knows though, maybe it'll skyrocket and I'll look back at this post and wonder why I didn't just jump in while it was cheap. That's just the way it goes I guess lol.
So, what I gather from a brief read I gave the coin, that there are deep security issues in Bitcoin and that there are those out there that are going to control the system and take your coins? You are under this belief even though this has not happened to date, when some of the biggest chances for it to happen have come and gone.
You think a better option is to alter the decentralization of the coin and place its control into the hands of a limited set of nodes, becoming a centralized, governed coin. That is, of course, your choice to do so, but that would be the moment when the coin that you speak of would leave the auspice of the crypto forum and go into another area, as it no longer meets the standards of decentralized currency.
The developer is committed to crypto and decentralisation. For one thing all nodes are empty of funds and are instantly taken out of play if they are attacked. And in terms of ownership If anyone managed say to find EVERY single node owner (which will also include future nodes cause Static nodes are Service paying but are also joined by lower level nodes for consensus) forced them to give ownership over to you then yes its possible but as humans don't have Superman skills yet its secure. Also If someone did the impossible then they would simply be attacking their own money to do so. The system would simply halt not collapse until a good node returned as it only needs one node. Remember consensus is not from the nodes but from the already completely transaction which is mirrored by a VIRTUAL layer that can't be touched.
you went all in?! dude never go all in! this is how them crazy busto/success stories come from. I wish you luck, although from the looks of it your looking pretty smart right now 
I'm usually pretty bullish on unique altcoins that are undervalued and have an active community. However, for some reason I just can't get myself to jump on Xtrabytes. Maybe it's because most people who talk about it just seem like shills and can't really qualify why Xtrabytes "is the future".
Who knows though, maybe it'll skyrocket and I'll look back at this post and wonder why I didn't just jump in while it was cheap. That's just the way it goes I guess lol.
Who knows though, maybe it'll skyrocket and I'll look back at this post and wonder why I didn't just jump in while it was cheap. That's just the way it goes I guess lol.
So, what I gather from a brief read I gave the coin, that there are deep security issues in Bitcoin and that there are those out there that are going to control the system and take your coins? You are under this belief even though this has not happened to date, when some of the biggest chances for it to happen have come and gone.
You think a better option is to alter the decentralization of the coin and place its control into the hands of a limited set of nodes, becoming a centralized, governed coin. That is, of course, your choice to do so, but that would be the moment when the coin that you speak of would leave the auspice of the crypto forum and go into another area, as it no longer meets the standards of decentralized currency.
I hope I could able to buy this coin but sadly I only trade in bittrex hoping to add this coin in bittrex soon if it's added there then I will surely buy this coin.
Really? It takes all of one minute to set up a yobit account and send some btc...another minute to download an xby wallet. But whatever its up to you.
What would need to happen for Xtrabytes to really take off?
The project is in development. So if you think the rise of the last month is anything to go on imagine when the tech is done. Probably by the end of the Summer we would be completely done and on a big exchange...thats simply my guess.
I hope I could able to buy this coin but sadly I only trade in bittrex hoping to add this coin in bittrex soon if it's added there then I will surely buy this coin.
What would need to happen for Xtrabytes to really take off?
Xtrabytes，taking bitcoin security as an entry point is a good idea to do something
Where can I see the introduction of this project,and what's the progress of the project now? Is it on the trading platform?
Where can I see the introduction of this project,and what's the progress of the project now? Is it on the trading platform?
I'm usually pretty bullish on unique altcoins that are undervalued and have an active community. However, for some reason I just can't get myself to jump on Xtrabytes. Maybe it's because most people who talk about it just seem like shills and can't really qualify why Xtrabytes "is the future".
Who knows though, maybe it'll skyrocket and I'll look back at this post and wonder why I didn't just jump in while it was cheap. That's just the way it goes I guess lol.
Who knows though, maybe it'll skyrocket and I'll look back at this post and wonder why I didn't just jump in while it was cheap. That's just the way it goes I guess lol.
So, what I gather from a brief read I gave the coin, that there are deep security issues in Bitcoin and that there are those out there that are going to control the system and take your coins? You are under this belief even though this has not happened to date, when some of the biggest chances for it to happen have come and gone.
I'm usually pretty bullish on unique altcoins that are undervalued and have an active community. However, for some reason I just can't get myself to jump on Xtrabytes. Maybe it's because most people who talk about it just seem like shills and can't really qualify why Xtrabytes "is the future".
Who knows though, maybe it'll skyrocket and I'll look back at this post and wonder why I didn't just jump in while it was cheap. That's just the way it goes I guess lol.
Who knows though, maybe it'll skyrocket and I'll look back at this post and wonder why I didn't just jump in while it was cheap. That's just the way it goes I guess lol.
I agree what you are saying and its due to 3 things.
1. Only really traded on Yobit so far which attracts the worst people in crypto in my opinon. All these guys know is pumping and dumping coins. Thankkfully they don't own much and are constantly selling to buy some absolute shitcoin pump.
2. The devloper is deaf, Hungarian with very little Engish and all communication has to pass througha guy called CCReveloution. So the tech doesn't always get explained as clearly and directly as most projects would like unless you follow very closely.
3. The project is so young its just finding its feet in terms of gathering a team of developers etc. In such a short time they have gone such a long way though its hard to fault them.
I'm usually pretty bullish on unique altcoins that are undervalued and have an active community. However, for some reason I just can't get myself to jump on Xtrabytes. Maybe it's because most people who talk about it just seem like shills and can't really qualify why Xtrabytes "is the future".
Who knows though, maybe it'll skyrocket and I'll look back at this post and wonder why I didn't just jump in while it was cheap. That's just the way it goes I guess lol.
Who knows though, maybe it'll skyrocket and I'll look back at this post and wonder why I didn't just jump in while it was cheap. That's just the way it goes I guess lol.
I really don't security is going to be an issue with Bitcoin. Nothing less than a coordinated attack by multiple governments will take it down at this point and it is only getting stronger. And if Bitcoin was attacked and destroyed, it is at that point we would see altcoins proliferate like ants and flies at the city dump. I think that governments knows that. They would have to shut down the internet to stop cryptocurrency. And if the internet is shut down, guess what, Xtrabytes will fail too.
TL;DR Xtrabytes is security redundant and will fail...
TL;DR Xtrabytes is security redundant and will fail...
If you were completely new to crypto and you were the head of some company wanting safe storage etc for your company would you a. Pick the blockchain that we all know will be incredibly damaging to environment due to electricity wastage and has a .001% chance if being hacked or do you choose b. No wasteful electricity usage and in theory 0 chance of being hacked? Even taking the POW side away why choose a less safe option over another all things equal even if the risk is tiny? That margin of difference is why one steel company. One glass company one pizza company etc beats its competitor by being marginally better..absolute.security will be everything I agree with the OP.
Also the project is much more than the base coin with a whole platform of modules planned. Plus its virtual chords layer means its infinitly scalable.
No one is saying bitcoin is going to be made obsolete but when security is a must then people will be choosing the zero risk option. Its market power is obvious to me honestly.
Also there are more risks than many want to admit to. We have a potential mining attack with us already.
https://en.bitcoin.it/wiki/Weaknesses
I really don't security is going to be an issue with Bitcoin. Nothing less than a coordinated attack by multiple governments will take it down at this point and it is only getting stronger. And if Bitcoin was attacked and destroyed, it is at that point we would see altcoins proliferate like ants and flies at the city dump. I think that governments knows that. They would have to shut down the internet to stop cryptocurrency. And if the internet is shut down, guess what, Xtrabytes will fail too.
TL;DR Xtrabytes is security redundant and will fail...
TL;DR Xtrabytes is security redundant and will fail...
I truely believe while Bitcoin will always be number one there is a need for greater security. Thats why I went all in on Xtrabytes as it seems like the only coin that solves the flaws of POW and POS (51% attack). In time that will be I believe the only thing that matters in crypto ie security. Which is why it is almost a definite top 10 project. I could be wrong but I doubt it.
https://bitcointalksearch.org/topic/new-xby-ann-xtrabytes-because-the-blockchain-can-be-better-1864397
https://bitcointalksearch.org/topic/new-xby-ann-xtrabytes-because-the-blockchain-can-be-better-1864397
Why not go all in on Aeon and actually help build something real. Run a node, CPU mine or make any contribution to the project.
Let's go back to the roots of crypto and bring back the fun.
When a coin is mentioning 70,000% increase in 4 weeks in its OP, guess what I'm doing? 
I think they were trying to communicate how rapidly the coin has grown. This is a community coin don't forget so don't be too critical of the marketing. This isn't a polished ICO who asks for 5000 sats buy ins. Remember NO premine, developers simply bought along with everyone else. Fact is the price stated at 1 sat for almost no time if you go look at chart. I was one of early buyers at 30 sats and back then you couldn't give it away no one wanted it, thats the reality. Look a bit deeper guys this tech is something revolutionary I think.
I actually find the open and honest communication quite refreshing. I mean what ICO tells you its experimental and could all go wrong? When actually thats a reality for many of them. Look past all this and consider the technological step this coin might be making. Thats all that matters.
And just so people know none of the communication comes directly through the actual developer who is Hungarian with poor English and is deaf.....so expect a few communication hiccups. He did however work at one point with Peter Szabo the famous late Cryptographer with McAfee.
No disrespect. Its just sound bad.... especially for a new currency.
I dont blame you at all to think the way you do. Its just ironic that because its so open and honest that it comes across as scammy in some way. I cant remeber a project ever developing like this before. The developer basically lost money in a scam ico.and instead of putting his plans into an ico he decided he could use this scam for initial distribution saving initial investors their money and building his project. As close followers we have found the project to be all about genuine integrity. The coin sat on yobit for almost nothing for a week before I saw it. The developer could of bought those coins knowing he would release his plans and the price would rocket but obviously he didn't. I probbaly more than anyone bought coins cheap with very little buyers to compete with....honestly I couldnt believe my luck. Even after buying i shrilled a lot telliing people it was going to be huge but at least a week passed and still no major buying. I dont feel bad as ive missed all the major coin rallies this year nem.eth all of them.
My point is I think the OP was trying to make claer that even though this coin started so low its not a shitty project.
When a coin is mentioning 70,000% increase in 4 weeks in its OP, guess what I'm doing?
I think they were trying to communicate how rapidly the coin has grown. This is a community coin don't forget so don't be too critical of the marketing. This isn't a polished ICO who asks for 5000 sats buy ins. Remember NO premine, developers simply bought along with everyone else. Fact is the price stated at 1 sat for almost no time if you go look at chart. I was one of early buyers at 30 sats and back then you couldn't give it away no one wanted it, thats the reality. Look a bit deeper guys this tech is something revolutionary I think.
I actually find the open and honest communication quite refreshing. I mean what ICO tells you its experimental and could all go wrong? When actually thats a reality for many of them. Look past all this and consider the technological step this coin might be making. Thats all that matters.
And just so people know none of the communication comes directly through the actual developer who is Hungarian with poor English and is deaf.....so expect a few communication hiccups. He did however work at one point with Peter Szabo the famous late Cryptographer with McAfee.
No disrespect. Its just sound bad.... especially for a new currency.
thanks for your shares ,I am a newer and I will pay attention to this coin
I have enough for a static and will hold as I keep my portfolio diversified. Get that static chain going, retire the old chain, and get it on bittrex, and it will gain more credibility. It's definitely useful in some applications but don't think it will necessarily be the next big thing... Pascalcoin which has block chain trimming would be once the tech matures. Being able to keep the chain size around 6GB like they promise would be huge. Combine that with child chains and you've got something scalable. Both promising coins with unique features though, especially at their respective market caps. I just wonder if requiring every node to verify would make it less scalable... Maybe it would be more scalable. The coin that can make the fastest confirmations will be the next big thing... I'm talking it showing up in your poloniex account under 60 seconds after sending.
In any case I'll keep holding as I try to find coins that have unique tech of any sort. The dev is pretty straight up too. Good guy... And the main programmer is very talented.
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In any case I'll keep holding as I try to find coins that have unique tech of any sort. The dev is pretty straight up too. Good guy... And the main programmer is very talented.
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Another plus factor for XBY id that it has a smaller distribution compared to others that it reaches billions. I think XBY is doing good in ccex and other exchanges. Me too got my XBY from a twitter campaign if I can remember and I also bought from exchanges. I hope it will continue to grow.
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