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Topic: Why I went all in on Xtrabytes. - page 3. (Read 3196 times)

sr. member
Activity: 672
Merit: 251
June 10, 2017, 01:14:25 AM
#12
When a coin is mentioning 70,000% increase in 4 weeks in its OP, guess what I'm doing? Smiley


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.
hero member
Activity: 1092
Merit: 504
★Bitvest.io★ Play Plinko or Invest!
June 09, 2017, 12:25:09 PM
#11
I was thinking to buy some XBY when the price was 50 sat but I decided don't buy and I missed a lot of profits. So, it was my mistake, unfortunately. Happy early investors  Smiley
legendary
Activity: 1960
Merit: 1176
@FAILCommunity
June 09, 2017, 12:18:37 PM
#10
When a coin is mentioning 70,000% increase in 4 weeks in its OP, guess what I'm doing? Smiley
sr. member
Activity: 686
Merit: 251
I'm investigating Crypto Projects
June 09, 2017, 11:46:03 AM
#9
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

How many XBY do you need for a static node and which exchange do you think is the best to get XBY at? And what wallet do you keep it in? Thanks.

Unfortunately the major liquidity is on Yobit (yeah I know) for now. If you do buy there I recommend getting your coins off there as soon as possible. They have wallets I use Windows and OSX.

Hey listen whatever you do look at the coin yourself and don't take mine or any word on it.

Ok thanks, what about the second question, how many coins do you need for a master node and is it worth it?

PS: I'm synching the windows wallet right now, it worked out of the box to be honest that's a good sign i have strugled with bunch of wallets and config files and all that crap this one looks like it's going to work and I made a new address will try to send some coins. Warning CCEX charges 100 XBY to withdrawl.


I don't have a master node as I bought after the deadline. I think it was 500,000xby back when the coin was cheaper. There is talk about a second round Static nodes but I really haven't found the info about it and i think its not decided yet.

I hate to bang on this again but even though I did start this thread there are 2 things I really now try to avoid, online arguments and heavy investment advice, I used to do both and it hasn't always been good. I always say, research everything yourself first hand. All crypto investments have risk and this has plenty. Otherwise good luck.  Smiley

Ok, that's fair. I got a small position and moved it to the Windows wallet. Lets see if the DEV team can do what they say they will if they do it will be worth some money.
legendary
Activity: 1106
Merit: 1000
June 09, 2017, 11:41:01 AM
#8
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

How many XBY do you need for a static node and which exchange do you think is the best to get XBY at? And what wallet do you keep it in? Thanks.

Unfortunately the major liquidity is on Yobit (yeah I know) for now. If you do buy there I recommend getting your coins off there as soon as possible. They have wallets I use Windows and OSX.

Hey listen whatever you do look at the coin yourself and don't take mine or any word on it.

Ok thanks, what about the second question, how many coins do you need for a master node and is it worth it?

PS: I'm synching the windows wallet right now, it worked out of the box to be honest that's a good sign i have strugled with bunch of wallets and config files and all that crap this one looks like it's going to work and I made a new address will try to send some coins. Warning CCEX charges 100 XBY to withdrawl.


I don't have a master node as I bought after the deadline. I think it was 500,000xby back when the coin was cheaper. There is talk about a second round Static nodes but I really haven't found the info about it and i think its not decided yet. I'm a bit cold on getting a second round node as I think it doesn't have the benefit of receiving service fees they plan like storage fees just transactions fees which isn't so interesting to me. You have to look into yourself i'm afraid. 

I hate to bang on this again but even though I did start this thread there are 2 things I really now try to avoid, online arguments and heavy investment advice, I used to do both and it hasn't always been good. I always say, research everything yourself first hand. All crypto investments have risk and this has plenty. Otherwise good luck.  Smiley
sr. member
Activity: 686
Merit: 251
I'm investigating Crypto Projects
June 09, 2017, 11:33:09 AM
#7
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

How many XBY do you need for a static node and which exchange do you think is the best to get XBY at? And what wallet do you keep it in? Thanks.

Unfortunately the major liquidity is on Yobit (yeah I know) for now. If you do buy there I recommend getting your coins off there as soon as possible. They have wallets I use Windows and OSX.

Hey listen whatever you do look at the coin yourself and don't take mine or any word on it.

Ok thanks, what about the second question, how many coins do you need for a master node and is it worth it?

PS: I'm synching the windows wallet right now, it worked out of the box to be honest that's a good sign i have strugled with bunch of wallets and config files and all that crap this one looks like it's going to work and I made a new address will try to send some coins. Warning CCEX charges 100 XBY to withdrawl.
legendary
Activity: 1106
Merit: 1000
June 09, 2017, 11:30:43 AM
#6
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

How many XBY do you need for a static node and which exchange do you think is the best to get XBY at? And what wallet do you keep it in? Thanks.

Unfortunately the major liquidity is on Yobit (yeah I know) for now. If you do buy there I recommend getting your coins off there as soon as possible. They have wallets I use Windows and OSX.

Hey listen whatever you do look at the coin yourself and don't take mine or any word on it.
sr. member
Activity: 686
Merit: 251
I'm investigating Crypto Projects
June 09, 2017, 11:23:31 AM
#5
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

How many XBY do you need for a static node and which exchange do you think is the best to get XBY at? And what wallet do you keep it in? Thanks.
legendary
Activity: 2002
Merit: 1051
ICO? Not even once.
June 09, 2017, 11:15:37 AM
#4
Nothing about it is promising in its current form.

Other than every node has to sign blocks not just one, it's just another coin with masternodes and with the worst naming scheme and acronyms I have ever seen. And even that system will probably have its own issues.

51% attacks are very hard to pull off and I don't see how a 51% attack isn't possible with Xtrabytes. Not with hashrate, obviously, but with node count. If only there was a white paper.

I get that its dev team is not the one which started it but the coin still stems from a premined ICO scam which will forever stay with it.

And now each transaction costs like $3 regardless of transaction size to gather funds while one coin used to be 1 satoshi. As if the devs didn't buy bags of it before resurrecting it.

So with the transaction fees no real world usage is expected anytime soon and even the devs say the project is experimental and they might not be able to deliver.


legendary
Activity: 1106
Merit: 1000
June 09, 2017, 11:09:59 AM
#3
I do agree that XBY has a load of potential, but I prefer to diversify my portfolio && to never go all-in. Never invest what you can't lose  Wink


I really mean my speculative investments. I still hold some btc
 

newbie
Activity: 11
Merit: 0
June 09, 2017, 11:00:00 AM
#2
I do agree that XBY has a load of potential, but I prefer to diversify my portfolio && to never go all-in. Never invest what you can't lose  Wink
legendary
Activity: 1106
Merit: 1000
June 09, 2017, 10:51:29 AM
#1
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
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