Topic: [XCE] Introducing Cerium Combine DEADLINE 30/12/15 - page 2. (Read 4850 times)

lol, Are you sure that you should be posting here?
I'm not not sure that this has a beneficial effect on this projects future. 

People still do not believe in the success of the new project.
I believe that this will change as you get more details.
The price is a reflection of the mood of investors and certainly will change to a plus.

Hi everyone,

seen a few comments of people saying "if the swap price is 5000 sats then why are we sitting at a fifth of the value?" so i thought i would be best to address the situation with a few points.

1) the swap to the new coin wont be until january and we haven't actually delivered anything yet so theres no solid fact for people to pump the price

2) I set a rate in the first place for the new coin because we are going to have a wide range of coins taking part and we needed some form of benchmark

3) Cerium is a 1:1 ratio because its the leader of this iniative and a lot of the community have held and supported XCE through the good and bad times and i thought it would be a nice incentive to push up the price to say thank you to them

4) Cerium is being traded on a market, where each trader has thier own game or strategy. If i was trading from a purely neutral trading perspective i would want the price to remain low to accumulate before the actual transition happens.

5) People who have been put off by lack of buy support, Cerium's main market is on yobit, although a good exchange is not known for its consistant level of volume and therefor its hard to make any sort of fluid market. I personally have focued on actually taking cerium somewhere and never focused on the price or been into manipulating the market to make it look good. Also the main reason people use Yobit is to bag some bargains. If you look at 90% of the markets theres more than a 50% spread.

from a more personal note, i would love to see the price go up but its a market and nothing ever goes as expected or by market laws there would be no one to make profit from. It baffles me people are looking at the price rather than the actual plan and what we could deliver here. If you are going to buy, buy on the potential for development rather than the potential for profit.

Also a small update about cerium combine, still approaching coins i think could fit well into the idea but of course people are welcome to contact me about coins as the ann says, any coin is welcome to participate if they can contribute to the new coin in some form. Theres a new cerium slack and its beginning to build up in numbers a little been some chat about things from myself and others that hasnt been on the thread. you can find links and details on the front page of xcerium.com

PM replied to

I would like to join hands with you! PM Sent!!

Starting to lean towards happy, if it were true that the value would be anywhere near 5K within 30 days this would not possibly be happening.
I know what I think happened, but I'll keep that to myself for now.

Nice dump, question is should I be happy or sad that I didn't catch it all?

trying to gather all the people from the coins and original cerium community into the new slack, link is on the front page of xcerium.com we've had a lot of interest and its important to be as organised as possible to make sure we don't miss anything or anyone out

incognito's XQN project provided an option for those involved in cerium.info to be swapped over to XQN, if you missed that drop me a pm with the details

What happens with people that had XCE coins from the cerium.info site? is there any way to get those back?

has nobody realised the fact that in the swap 1 new coin will be worth 5000 sats and that other coins will need coins to amount to that but cerium itself will be a one to one swap?

that makes cerium technically worth 5000 sats and its currently being sold at 800 sats. ive been stocking up for myself

I'm in talks with some others just behind private doors for now, not got stuff agreed yet. I was a little bit nervous this wouldnt be a success but so far its looking up i think we can actually create something really good here. im still on the lookout for more coins to get incontact with so if you have any suggestions drop me a pm, or join us on the new slack link on the front page of xcerium.com

Nice ideas, we are watching.

IW

A breath of fresh air to see two entities pondering a possible future co-op as opposed to going for each others throat.

the merger would be to a new codebase with cerium being one of the coins being swapped for it. The ICO may not happen, only if the new coins core team decides on one for funds for projects but im hoping thats not the case. and i would be happy to allocate a premine for the burning process. I'm trying to gather up all the interested coins on our new slack group (details on xcerium.com) so we can accomodate as many of the features the merger coins had into one. We've currently got about 4/5 other coins we are discussing it with too.

Do you mean fully merging BARR into Cerium?  That would be complicated.  

You're only exchanging altcoins for Cerium one time, during December;  is that correct?  

And you're also doing an ICO?  So if we were to get rid of BARR and continue doing the same thing with Cerium, we'd need a fund of pre-mined coins?  

But will the coin still use sha256 PoW?  The way BARR currently operates uses Multi-Proof-of-Burn as the only method of generating coins, and our methods might not be compatible with a simultaneous ongoing generation of coins through PoW.

*Edit*  I see you're using 5% DPOS, which has a similar inflationary effect.   

But there could be more than one way our projects could work together.  

great to have you onboard and thanks for the offer of the OFFS, we can certainly look into a way of adding them into the structure.

I was thinking in regards to the new coin we could burn barr? (slightly ironic but hear me out)

everyone exchanges barr into the new coin and then you are allocated a share of the new coin to run the exact same project  that you have ran very well so far with barr (the burning rates you have achieved so far is impressive) you get to clear up the altcoin industry and on top of that you have other people developing new features and ideas for the new coin giving and creating its value, does that sound like something we could do?

We at BARR agree 100%.  

Since you're reducing and recycling altcoins, we'd like to give you some OFFS Altcoin Offset Credits.  OFFS are held in your NXT wallet (or an online wallet at SecureAE.com).

See the OFFS ANN for more details:  https://bitcointalksearch.org/topic/ann-offs-altcoin-offset-credits-recycling-altcoins-reducing-emissions-1233350


They're expensive, but we might be able to give a few to everyone who participates in Cerium Combine as an additional incentive and reward.  (These would be donated from our personal OFFS funds which have already been earned by burning BARR, since OFFS are never distributed without being earned).

making a change to the post, the deadline for any coins participating is 30th of December and then the gathered coins will focus on the development, that should be enough time for any coins wanting to get involved to get involved

i only posted on selected threads, i had previously identified them as potential coins to take part in the idea, it was a generic message sent to all of the threads but completely relevant if you look back in the previous comments