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Topic: XCurrency (XC) BlockNet community thread - page 20. (Read 29212 times)

sr. member
Activity: 462
Merit: 250
October 22, 2014, 12:06:13 AM
#29
Thanks for taking the time to respond, URSAY.

I will say that my post was in response to the concerns you raised, but not necessarily directed at you.

As such, I never meant to imply that you'd gotten upset in particular, but that there was some unhappiness in general.

It sounds like we're somewhat on the same page.

I agree about the concern for legal repercussions of using certain terms and I hope the team can find a way to best utilize language in upcoming official documentation and advertising. It is apparent that the fine details are still being discussed and determined and I would think that the team will listen to these concerns and do their best to tie together all the loose ends with regards to legality.

The ITO is still a week away. Given Dan's pace of development, I wouldn't be surprised if he delivers a more finely tuned, perhaps finalized, XChat before really getting started on BlockNet. We shall see...

And I'm glad you're not throwing in the towel despite having been banned from the official thread apparently. I've appreciated your contributions. And I think the team would be more receptive to your contributions and feedback if there were not a hoard of nit-picking trolls dishing out their rhetoric and punchlines alongside your input.
hero member
Activity: 924
Merit: 1000
October 21, 2014, 11:58:38 PM
#28
Thank you for giving me a place to post about XC URSAY.

My advice to any potential XC investor: WAIT UNTIL THEY OPEN SOURCE THE ANON CODE.

You can blindly trust them, or you can wait til they deliver. So far, every anon coin that has claimed to have a 100% working anon has failed and has dumped horribly. This coin already has a pretty high cap, so you are taking a big risk. Buying this coin without insider knowledge is gambling, not investing/trading.





Sound piece of investment advice.

This is a closed source project , They have decided that once everything is double and triple checked and tested it will be open source, By Rev 3

If you don't trust the Dev and want actual source code, then wait for it to be released then choose based off your own assessment of the code.

If you trust in the Dev then by all means invest, but it is a closed sourced project currently so there is risk of failure, But it is only really the same amount of risk as any other crypto currency is. Every single investment in the crypto sphere is a gamble. It's a technology that hasn't reached mass adoption that has the potential to reach mass adoption, everyone is buying into what they think will lead to the to the all famed and glorious mass adoption.

Investing and trading are gambling , sorry to say it but most people that attempt to trade / emotionally tie themselves to an investment and invest is making a gamble , yes insider information will help in the short term and when making short term gains but not give you an overall direction the coin will take in the long term . Yes Bot's will make you money , they are designed mathematically to take advantage of volatility, the greater the volatility of the coin the better profit you stand to gain.  But they also have the chance of going wrong. almost every investment decision you make here is a gamble.







Most of the posts deleted from the xc forum have been circular arguments, People have claimed its just a circle jerk of supporters, no it's a circle jerk of trolls

"why isn't it open source yet"
"this shud be open source"
"I'M ASKING A LEGITIMATE QUESTION"
"why closed source you must be doing something you don't want us to see, i think you plan to invade the USA with a hitler clone army"
"it's a closed source project!"
"I'M ASKING A LEGITIMATE QUESTION"
"it's a closed source project!!"
"it's a closed source project!!!"

It has been said that their goal is to open source by or on Rev 3 . No matter how many times it is brought up that is when they will make it open source. This doesn't just serve 1 purpose, it protects the code , and also protects investors currently, until the code is "bulletproofed" in case there is exploits that have not been seen or found yet that someone may take advantage of. there are many purposes for delaying release of source code that are beneficial to begin with

Edit: althou i do agree with the banning of URSAY as a little unfair , URSAY is a concerned investor , like all investors should be. (if he was banned)


Yes i agree the marketing is done rather badly, it's the over sell , Making it look huge and shinny with sexy bits everywhere. This is most likely due to people complaining about advertising not being sufficient , this has put the team in a catch 22 situation, until open source there is not much that can be advertised, but to keep forum members happy we must try our best at advertising.

To me it doesn't look like someone is trying to use big flashy words to distract from something nefarious, which in the world of crypto is the automatic assumption of everyone who has ever had a bad experience, "if we cannot see it, it has to be bad"

This to me simply looks like someone who has gone thru at least college maybe university and studying advertising , their using the "educated norm" as i like to call it, the way you are taught how to advertise and how to attract people thru advertisements . it's like they are using the rule book of advertising down to the letter and not straying from what is usually taught in college/uni




While i disagree with the way they advertise i understand that there was a lot of investors unhappy at the lack of advertising , which resulted in the team following thru with requests. now only to be faced with people who are angry at a closed source project that is being overly advertised with flashy words for features that are not proven/verified by the a community of its peers yet, but by a select few people.

Yes it is illogical to advertise something that cannot be shown, but it is also illogical to jump to wild conclusions about code that is closed source, people are shouting "it's closed source" let us see the code, then claim there many different better solutions to anonymity, well hang on a second you just said the problem was you couldn't see the code? how are you able to judge it sufficiently without seeing the code, and if you can why even both being here, you can see the code and have already made a judgement why are you still here?  

Just like the blind believers illogically following the Dev, you have people who are illogically blinded by the fact it is closed source and then jump to wild conclusions without any evidence also, they are the opposite ends of the spectrum, over optimistic and overly pessimistic  

It's like the question of god's existence.....well you can't prove he isn't real.

"Well i can't see the code so it must be shit, and my opinion is the only evidence required because i "feel" something isn't right"


While i cannot deny there is a lot of blindless support that goes on (this happens in EVERY SINGLE COIN)

You also cannot deny that there has been a huge number of trolls asking the same questions over and over and getting answers to those questions and yet still not being able to get away from that subject(while acting as if they are remaining totally objective) you have super emotionally bias people that have judged the coin purely on their emotions which leads to illogical assumptions.  The jumping on any little detail and trying to turn it into a big thing.




Yes the advertising could benefit to be toned down on the hype the stuff no one can see side , Yes it is closed sourced and yes it is a gamble , But the team have been constantly developing and bring constant updates to the platform , They are still there working away , Normally a coin fades into darkness and "dies" when development stops when the dev is no longer working towards the goals of mass adoption/ease of use /utility, or is just plain inactive and hardly does anything. This is clearly not the case for XC .









legendary
Activity: 1974
Merit: 1010
October 21, 2014, 11:35:54 PM
#27
newbie
Activity: 11
Merit: 0
October 21, 2014, 10:46:59 PM
#26
Thank you for giving me a place to post about XC URSAY.

My advice to any potential XC investor: WAIT UNTIL THEY OPEN SOURCE THE ANON CODE.

You can blindly trust them, or you can wait til they deliver. So far, every anon coin that has claimed to have a 100% working anon has failed and has dumped horribly. This coin already has a pretty high cap, so you are taking a big risk. Buying this coin without insider knowledge is gambling, not investing/trading.



sr. member
Activity: 462
Merit: 250
October 21, 2014, 10:45:36 PM
#25
This is mostly in response to the list of concerns posted by URSAY.

XChat does have a stable release. I don't think it's fair to say that it flat out doesn't work simply because there are still bugs in the Mac and Linux releases and with group chat. I can only imagine the complications that would arise when trying to get this technology to work across all platforms.

Yeah, taunting the gov is probably unnecessary and I'm also glad to see that the team has taken that to heart and ceased using those hashtags.

Several of XC's features are indeed groundbreaking and available for use - the ad-hoc mesh network for one is pretty groundbreaking and it works.

If you bought Cache because XC announced plans to work with them back in May/June and have held it all this time, it's unfair to burden the XC team with that. They severed ties with Jasin and Cache because it made business/development sense. When making such decisions, the team shouldn't need to consider how the decision might impact the markets when the decision clearly makes business sense. If you bought on the rumor and held, you should take responsibility for it.

I'd really like it if more of the community and the team used XCtalk as well. I'd also prefer IRC over this troll-infested forum. But this is nowhere near reason enough for me to be upset with the team on any level.

Regarding the delayed open source timeline XC has, consider all sides. You have to recognize how detrimental it would be to the whole crypto scene and the development of the technology if the source were opened up entirely right now. Simultaneously, yes, one must also consider how detrimental it would be to lose source code for whatever reason. I think that what Dan has said, about the source code having already been distributed amongst a handful of trusted peers, is a decent compromise.

Yes, self-imposed deadlines that are missed are super fucking annoying. But, again, this is not nearly enough for me to throw in the towel here. This is coding and software development. Shit happens along the path of development. Unforeseen things come up last minute. As long as Dan demonstrates that he is continuing to work on the project (and he certainly damn well does with his constant updates), I can't complain.

If the XC thread looks like a Cloak thread (I've never been to the Cloak thread), might I assume it is because of an abundance of trolling? What can be done about this besides moderate the thread?

There is more than one dev working on the project. That has always been clear.

For the most part, I feel that XC has done a good job of only marketing announcements when they have something to show for it. The only two announcements I can think of that were maybe more like announcements of features-to-be were the QBK partnership on the distributed content delivery service and the TOR stick (the TOR stick .iso was delivered, but the announcement alluded to the physical TOR stick product which has yet to ship). The BlockNet announcement is an announcement of a feature-to-be, but that announcement was necessary to prepare the community for the ITO.

I know the drop in price is frustrating, but I really don't see what we have to discuss here as far as complaints with the path XC is taking.
legendary
Activity: 1974
Merit: 1010
October 21, 2014, 09:55:06 PM
#24
legendary
Activity: 1036
Merit: 1000
October 21, 2014, 09:44:27 PM
#23
It does work, and its not open source for several reasons, including the fact it is the most advanced mixer technology on the marketplace and would be cloned immediately...

Please dont call it the "most advanced mixer technology" when its closed source. If you want that title, open source it, have it scrutinized and present your case to the community.

Its claims like this that make investors run away.

Here's a great example.  Maybe you have the most advanced mixer WHO the hell KNOWS?  And how do you think you can make that claim?
I'm sure this will be deleted in the main thread ... it's like saying "I have the hottest wife in the world but you can't see her"
Everybody thinks *yeah right*


Yes you can see it right here
http://imgur.com/h8rFt5U

atcsecure if this is your case that you present to show that XC has the "most advanced mixer" in the world instead of open sourcing and scrutinization...I would try and find another job.....no offence  Wink
legendary
Activity: 1036
Merit: 1000
October 21, 2014, 09:42:16 PM
#22
It does work, and its not open source for several reasons, including the fact it is the most advanced mixer technology on the marketplace and would be cloned immediately...

Please dont call it the "most advanced mixer technology" when its closed source. If you want that title, open source it, have it scrutinized and present your case to the community.

Its claims like this that make investors run away.

+1

i think so too. and it really sucks to see the price falling like a stone.

maybe the blocknet idea wasn't the best idea at all? i think publishing this idea after REV3 was released would be much better as we lost 30% in just a few days.

even most of the coins that joined the blocknet train are nearly worthless

Coin  -  Marketcap - Price change last 7 days
APEX - $ 62,861       +225.72 %
SSD - $ 126,504       +15.98 %
SWIFT - $ 491,164    +13.32 %
XST   - $ 369,854      +1.69 %
NHZ  - $ 188,442      -13.81 %
UTIL   - $ 150,427     +31.07 %
FIBRE - $ 190,156     -11.86 %

XC     - $ 1,942,676   -28.71 %


Why were only coins added that are nearly worthless?
Why didn't you try to get at least one coin that has a market cap > 1M$?

And as it seems nearly all of them increased in price only XC lost dramatically.

I think a blocknet would make sense when coins that already have a high marketcap join forces to
build something big but this somehow feels like XC is used to bring more value to some useless coins.


First of all, you are a moron,

"Why were only coins added that are nearly worthless?" - Coins are not added, coins can apply to join.
"Why didn't you try to get at least one coin that has a market cap > 1M$?" - You angry cause your investment does not go up fast enough?
"And as it seems nearly all of them increased in price only XC lost dramatically." - what does that tells you?

"I think a blocknet would make sense when coins that already have a high marketcap join forces to
build something big but this somehow feels like XC is used to bring more value to some useless coins." - money money money and money again.

Full of morons...

Dont be so quick to shoot him down - I think he has made some valid points. By XC associating with other currencies which are "worthless" you can say that the market is reacting by bringing XC down to their level. If all coins are the "same" on blocknet, XC should be worth similar to what the other majority of coins are.

I would not be sucked into the marketing hype of "this will increase the user base exponentially".....what if it doesnt?? If I just wanted to use the service of a specific coin why would I not just buy that coin, why go through the need of having to go through the decentralized exchange, potentially get a crap exchange rate, lose money etc.

Also, what will happen to the value of XC when other coins fail or dev's go rogue in the blocknet? The failure rate of crypto coins is VERY high. Whats being done is XCs marketcap has been tied to these other coins so if something happens to them, you can expect a knock on effect...

I have to agree, which I why I believe that their should be a group of specially chosen coins, or even just XC that form the core base for Blocknet. I also propose different tiers, with XC being the 1st/core coin, and another 2 being on the 2nd tier, etc.

For Transparency reasons as I am sure that even though I am being respectful and trying to raise valid points, it will vanish into thin air.
sr. member
Activity: 252
Merit: 250
October 21, 2014, 09:34:23 PM
#21
I just got back from picking up dinner and was about to respond with Dan's October releases to the above post.  Then I noticed I was banned from the official XCurrecny thread.  Wow.  It's getting harder and harder to have an objective view when the XC team is becoming more and more unreasonable.

Lets be clear.  I've suggested that I'd like to discuss multiple issues with the team outside of a public forum both on irc and in the forums.  When this resulted in silence and a continuation of "issues" I started these discussions in public.  This resulted in multiple bans on my account.

I still have no plans to ban anyone here.  This thread is open for discussion.

Wow I did not think anything you did in the official thread called for a ban by any means.  Gotta agree with you regarding the team  Sad  
Having said that most of Dan's replies are good and acknowledge/address issues and concerns IMO
newbie
Activity: 35
Merit: 0
October 21, 2014, 09:23:23 PM
#20
Damn dude.  That's pretty insane.  I've seen you do nothing but post slightly concerned alternate opinions.

Got a feeling they're getting desperate - I don't know why but I'm almost convinced they are.  If i was a betting man - I'd say they used the blocknet announcements to buy up worthless coins before adding them to the blocknet list then dump

XC has dumped like 20% since the announcement and I just have this gut feeling that someone out there could knock it down 50%.  

The problem is there are no buyers for closed sourced anon.  There is too much competition.  the reality is that if there is legit code - the danger is MUCH MORE of becoming obsolete / having the shit dumped out of you than being cloned.
legendary
Activity: 1974
Merit: 1010
October 21, 2014, 09:11:36 PM
#19
I just got back from picking up dinner and was about to respond with Dan's October releases to the above post.  Then I noticed I was banned from the official XCurrecny thread.  Wow.  It's getting harder and harder to have an objective view when the XC team is becoming more and more unreasonable.

Lets be clear.  I've suggested that I'd like to discuss multiple issues with the team outside of a public forum both on irc and in the forums.  When this resulted in silence and a continuation of "issues" I started these discussions in public.  This resulted in multiple bans on my account.

I still have no plans to ban anyone here.  This thread is open for discussion.

[EDIT]  It was not be a ban...they just deleted 3 of my posts.  My mistake.
newbie
Activity: 5
Merit: 0
October 21, 2014, 08:43:33 PM
#18
It does work, and its not open source for several reasons, including the fact it is the most advanced mixer technology on the marketplace and would be cloned immediately...

Please dont call it the "most advanced mixer technology" when its closed source. If you want that title, open source it, have it scrutinized and present your case to the community.

Its claims like this that make investors run away.

Here's a great example.  Maybe you have the most advanced mixer WHO the hell KNOWS?  And how do you think you can make that claim?

I'm sure this will be deleted in the main thread ... it's like saying "I have the hottest wife in the world but you can't see her"

Everybody thinks *yeah right*


http://i0.kym-cdn.com/entries/icons/original/000/009/993/tumblr_m0wb2xz9Yh1r08e3p.jpg

my wife is hotter..


Quote

So it seems he got his refund, however that doesn't mean that any coding is actually happening

No, but the almost daily software release's do show that coding is actually happening.



what software releases?

The vaporware?
hero member
Activity: 756
Merit: 500
October 21, 2014, 08:42:39 PM
#17
It does work, and its not open source for several reasons, including the fact it is the most advanced mixer technology on the marketplace and would be cloned immediately...

Please dont call it the "most advanced mixer technology" when its closed source. If you want that title, open source it, have it scrutinized and present your case to the community.

Its claims like this that make investors run away.

Here's a great example.  Maybe you have the most advanced mixer WHO the hell KNOWS?  And how do you think you can make that claim?

I'm sure this will be deleted in the main thread ... it's like saying "I have the hottest wife in the world but you can't see her"

Everybody thinks *yeah right*





Yes you can see it right here

http://imgur.com/h8rFt5U

newbie
Activity: 35
Merit: 0
October 21, 2014, 08:37:18 PM
#16
It does work, and its not open source for several reasons, including the fact it is the most advanced mixer technology on the marketplace and would be cloned immediately...

Please dont call it the "most advanced mixer technology" when its closed source. If you want that title, open source it, have it scrutinized and present your case to the community.

Its claims like this that make investors run away.

Here's a great example.  Maybe you have the most advanced mixer WHO the hell KNOWS?  And how do you think you can make that claim?

I'm sure this will be deleted in the main thread ... it's like saying "I have the hottest wife in the world but you can't see her"

Everybody thinks *yeah right*


hero member
Activity: 756
Merit: 500
October 21, 2014, 08:25:54 PM
#14
Quote

So it seems he got his refund, however that doesn't mean that any coding is actually happening

No, but the almost daily software release's do show that coding is actually happening.

hero member
Activity: 756
Merit: 500
hero member
Activity: 756
Merit: 500
October 21, 2014, 08:24:26 PM
#12
My responses are inline below

I know you don't understand my reasoning and that's why I'm asking for a refund.  I am a loyal user and investor in XC.  Myself and other investors are disappointed with decisions the team is making.

 We're disappointed that we are talked down to for no good reason.  We're disappointed that XC's first major feature, XChat, still does not work.  

* XChat does have a stable release that does work, granted group chat functionality is not in that release

 We're disappointed that you use keywords which grab attention from govt. agencies and puts our investment at risk.

* This point was taken a while back and fully discussed and I fully agree

 We're disappointed that you keep talking about XC's groundbreaking features as though they are currently usable and available.

* On the testing release's yes this possible, however both features [outside of group chat] do work and the ad-hoc mixer technology is groundbreaking

 We're disappointed that we've invested in coins like Cache which we thought you were working with.

* I'm disappointed in this as well, but this is a separate matter all together

 We're disappointed that this is closed source on a timeline because when a govt. agency potentially takes you down, we have no code to assure continued development of the platform.  

* we are in the process of opening sourcing the code once it is ready - however if this is your major concern, the source code is in the hands of multiple people besides myself already

We're disappointed with missed deadlines that were self imposed.

* yes I think everybody is disappointed with missed deadlines

 We're disappointed that this is looking more and more like a cloak thread (which Dan was going to potentially review recently for 3 btc + cloak).  We're disappointed with project after project that is announced with only 1 dev to handle it all.

* I've already stated I'm no longer due any more code reviews

 We're disappointed with news announcements that deliver nothing and talk about broad ideas and future concepts.

* Meanwhile though continued updates have come out and the mobile wallet will be testing shortly, so I disagree

 Some have had very bad experiences with Jasinlee.  Generally we're just tired of poor decision making which we have no part of.  
* myself included




Dan
legendary
Activity: 1974
Merit: 1010
October 21, 2014, 08:22:52 PM
#11
So it seems he got his refund

No refund yet.
newbie
Activity: 5
Merit: 0
October 21, 2014, 08:08:22 PM
#10
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