[XBY] XtraBYtes Speculation - page 19.

cryptoyachtclub

newbie

Activity: 115

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Quote from: Cameron0208 on April 25, 2019, 09:18:45 AM

I guess ETH, Icon, EOS, Bitcoin Cash, Tron, VeChain, NEO, etc all wasted a lot of time and resources doing token swaps.

Wasting a lot of time and resources doing token swaps - Bingo!

XTRABYTES is promising to deliver a new technology, the new view on the blockchain.

Cameron0208

jr. member

Activity: 71

Merit: 1

Quote from: XBY-Guy on April 25, 2019, 09:24:04 AM

Quote from: Sabih on April 25, 2019, 09:17:30 AM

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Hey Sabih, answer cryptoyachtclub's questions first

You claim to have invented a new technology and I say you did not. The usual way is to approve to have invented something, since my statement is clear.:

No technology -> no invention -> no legit project -> scam!

Hey Sabih (and Cameron0208). Do you have a plan for fud campaing, after XTRABYTES secure the patents and release technology? Roll Eyes

As I have said since the beginning, if I’m wrong, I will happily admit it and apologize publicly. Please, prove me wrong though. Hasn’t happened yet, and it’s been 2 years.

Also, please answer my questions instead of using whataboutisms and red herrings to try and change the subject and deflect from my questions. If y’all have a patentable technology and all this isn’t BS, it should be REALLY easy to explain.

XBY-Guy

jr. member

Activity: 113

Merit: 1

In XBY we trust

Quote from: cryptoyachtclub on April 25, 2019, 09:08:53 AM

Quote from: Cameron0208 on April 25, 2019, 09:00:53 AM

Quote from: cryptoyachtclub on April 25, 2019, 06:41:34 AM

Sabih, do you understand that most successful crypto projects have only 1 talented core developer, and all other developers simply helping him?

Do projects have 1 key person/leader? Yes.

You see, you answered your own question! "Do projects have 1 key person/leader? Yes." Most successful projects relay on one talented core developer, and expanding afterwards!

That's a checkmate LOL.

XBY-Guy

jr. member

Activity: 113

Merit: 1

In XBY we trust

Quote from: Sabih on April 25, 2019, 09:17:30 AM

Quote

Hey Sabih, answer cryptoyachtclub's questions first

You claim to have invented a new technology and I say you did not. The usual way is to approve to have invented something, since my statement is clear.:

No technology -> no invention -> no legit project -> scam!

Hey Sabih (and Cameron0208). Do you have a plan for fud campaing, after XTRABYTES secure the patents and release technology? Roll Eyes

Cameron0208

jr. member

Activity: 71

Merit: 1

Are you serious? Different blockchains mean different code, different framework and structure, different processes. You cannot just freely switch between them and keep your same address. Someone has to audit the ERC20 coins and do the swap at the agreed upon rate to verify and validate all holders’ coins. If you could, then I guess ETH, Icon, EOS, Bitcoin Cash, Tron, VeChain, NEO, etc all wasted a lot of time and resources doing token swaps.

Please tell me, if you can keep your same address, and the token can exist on two blockchains at one time, then when you send funds to the address, which blockchain would your funds go to? How does this work?

Sabih

jr. member

Activity: 141

Merit: 6

Quote

Hey Sabih, answer cryptoyachtclub's questions first

You claim to have invented a new technology and I say you did not. The usual way is to approve to have invented something, since my statement is clear.:

No technology -> no invention -> no legit project -> scam!

cryptoyachtclub

newbie

Activity: 115

Merit: 0

Quote from: Cameron0208 on April 25, 2019, 09:00:53 AM

Quote from: cryptoyachtclub on April 25, 2019, 06:41:34 AM

Sabih, do you understand that most successful crypto projects have only 1 talented core developer, and all other developers simply helping him?

Do projects have 1 key person/leader? Yes.

You see, you answered your own question! "Do projects have 1 key person/leader? Yes." Most successful projects relay on one talented core developer, and expanding afterwards!

cryptoyachtclub

newbie

Activity: 115

Merit: 0

Quote from: Cameron0208 on April 25, 2019, 08:50:18 AM

Tell me how that is possible without a token swap and with wallet addresses staying the same. Let me guess, Borz invented this process too...

How is it possible to switch chains freely without a token swap and with keeping your same wallet address?

Explain why it's not possible?

Cameron0208

jr. member

Activity: 71

Merit: 1

Quote from: cryptoyachtclub on April 25, 2019, 06:41:34 AM

Sabih, do you understand that most successful crypto projects have only 1 talented core developer, and all other developers simply helping him?

Name them, please. Bitcoin doesn’t count. ‘Most’ successful projects... I’d love to know which ones. Not Ethereum. Not Ripple. Not Stellar. Or IOTA. Or NEO. Or Cardano. Do projects have 1 key person/leader? Yes. But to say they only have 1 talented developer is BS.

So which ones? I expect a long list since you said ‘MOST’ successful projects only have 1 talented developer.

Cameron0208

jr. member

Activity: 71

Merit: 1

You Xtrabytches say that holders can freely switch over to the XBY blockchain if they want. Tell me how that is possible without a token swap and with wallet addresses staying the same. Let me guess, Borz invented this process too...

How is it possible to switch chains freely without a token swap and with keeping your same wallet address?

XBY-Guy

jr. member

Activity: 113

Merit: 1

In XBY we trust

Quote from: Sabih on April 25, 2019, 08:36:36 AM

Quote

Why you only spreding missinformation?

Quote

Some very trusted devs have an access to the code already, as far as I know

"As far as you know" is the base for your defence and accusation of my posts containing misinformation?

You see cryptoyachtclub, when he have nothing to say he's talking bullshit, and trying to catch you with stupid questions. Don't fall to this.

Hey Sabih, answer cryptoyachtclub's questions first Tongue

Sabih

jr. member

Activity: 141

Merit: 6

Quote

Why you only spreding missinformation?

Quote

Some very trusted devs have an access to the code already, as far as I know

"As far as you know" is the base for your defence and accusation of my posts containing misinformation?

cryptoyachtclub

newbie

Activity: 115

Merit: 0

Quote from: Sabih on April 25, 2019, 07:51:17 AM

Without access to the code any development is not just impossible but useless. And do not sell it as a community coin when it is definitely not. There is a limited company on the Seychelles staying behind it all, this is far from being a community coin.

For example, foreigner can a start a business in Singapore for $700, this includes company registration plus other things and benefits included. Does it make all blockchain companies registered in Singapore an unsuccessful scam?

Have you missed that? https://blog.xtrabytes.global/xtrabytes/xby-community/oh-canada-the-latest-company-achievements/

Some very trusted devs have an access to the code already, as far as I know, and for some devs an access will be granted after NDA.

And I know all this simply by following XBY Discord channel. Why you don't follow? Why you only spreding missinformation?

Sabih

jr. member

Activity: 141

Merit: 6

Without access to the code any development is not just impossible but useless. And do not sell it as a community coin when it is definitely not. There is a limited company on the Seychelles staying behind it all, this is far from being a community coin.

cryptoyachtclub

newbie

Activity: 115

Merit: 0

Quote from: XBY-Guy on April 25, 2019, 06:16:37 AM

Quote from: cryptoyachtclub on April 25, 2019, 05:16:29 AM

Quote from: BDRatings on April 25, 2019, 03:45:25 AM

* KYC for STATIC nodes. This is of course an attack surface and causes the project to be even more centralized. And isn't it ironic that we all must respect the founders' right to anonymity, while they themselves impose KYC on others.
* A flat 10% fee for setting up a STATIC node. The company in other words hang on like a leech to the blockchain, siphoning funds.
* Various fees for building dapps, on trademark usage, and on patents and patent technologies. What developer teams would like to pay all this? None. They will build on other platforms like ETH.
* TRUST scores for STATIC nodes. This will be gameable. The more parameters included to calculate a trust score, the higher the probability of someone gaming the system which again makes the chain more centralized.
* Issuance of XIP tokens means even more money to founders/team members. Issuing XFUEL from thin air was not enough, the greed doesnt stop. Investors, look out for a fourth token for even more value dilution.

Even with the best mobile wallet in the world, the project can't run away from these bad fundamentals.

This is all not final as I understand. As you can see there are notices under sensitive plans

Example https://blog.xtrabytes.global/xtrabytes/xby-technology/statics-and-more/

Quote

What is the estimated rewards percentage?
The founders have designed a system that provides exceptional flexibility and maximum payouts to the STATIC owners. As such, it utilizes a rewards system that initially pays 100% of all fees to the STATIC network.

Internally, the XTRABYTES corporations will earn money through licensing fees. By doing so, we will not have to adjust payout percentages for STATIC owners.

Every Dapp, protected element, and the tech itself will have licensing fees attached to it. For example:

Use of patents or patent pending technologies will require a base fee of 10-25% of the fees received by your STATIC node.
Each Dapp you host will result in a fee of 5-15% of the fees generated by the Dapp.
Trademark usage will be covered by a 2-7% fee charged against all fees received by your STATIC node.
Corporate and legal expenses will be covered by an additional 1-3% fee based on all activity and fees generated by your STATIC node.
Please note that the statements above are subject to change as they’re simply examples. While we believe they’re realistic, they will not be finalized until further review.

As you can see "Please note that the statements above are subject to change as they’re simply examples. While we believe they’re realistic, they will not be finalized until further review.", that means they want to hear a community feedback, and make an ajustments based on community opinion and node holders.

Same here https://blog.xtrabytes.global/xtrabytes/xby-community/governance-model-introduction/

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Proposed Governance Model:

Do I have to explain you what "Proposed" word means?

KYC for example is something I personally don't like as well. But I can live with that.

Good post sir!

Sabih is an obvious aggressive fudster and manipulator, and he's pretending to be stupid when he wants, and usually spreading misinformation and nothing else, and repeting the same trash over and over again. Don't waste your time.

I don't think I'm wasting my time here, I'm sharing information that can change people's beliefs.

Sabih, you always have on option to join the community and help with a development if you want to speed up things a bit. If you are in a state of disbelief, that's a different story, but fud is not an option.

Sabih

jr. member

Activity: 141

Merit: 6

Comparing is no good idea since there is nothing significantly released for two years..

cryptoyachtclub

newbie

Activity: 115

Merit: 0

Sabih, do you understand that most successful crypto projects have only 1 talented core developer, and all other developers simply helping him?

cryptoyachtclub

newbie

Activity: 115

Merit: 0

Quote from: Natalim on April 25, 2019, 04:26:21 AM

Quote from: XBY-Guy on April 25, 2019, 02:23:36 AM

The biggest scam in crypto, is people who call non-scam projects a scam.

Some easily judge without knowing the project, they just simply check the price and the volume, if it does not pass on their standard, they call it shitcoins or scam coins. That's normal I guess, we just have to do it based on our own decision and don't listen to other people's judgement.

I followed an advice of the guy who said that Bitcoin is shit and bubble, and it will never succeed. It was 10 years ago, when Bitcoin was shilled everywhere, across business boards and so on. And you know what, I bought 7 years later. From now on I'm using my own brain.

Ilostincryptopia

newbie

Activity: 27

Merit: 0

https://imgur.com/a/phmCgFp

The ex-CEO of XBY called this a scam and said that CCR has a paranoid personality disorder lul

Sabih

jr. member

Activity: 141

Merit: 6

Related to the trading volume no one is wasting his time with your scam, and probably this is the only reason you are trying to get momentum. Without anything significantly just trying to pump it up.

Topic: [XBY] XtraBYtes Speculation - page 19. (Read 32707 times)