[XC][XCurrency] Decentralised Trustless Privacy Platform / Encrypted XChat / Pos - page 124.

synechist

legendary

Activity: 1190

Merit: 1000

To commodify ethicality is to ethicise the market

Quote from: KimmyF on October 21, 2014, 08:06:28 AM

Quote from: cryptico on October 21, 2014, 07:51:46 AM

Quote from: synechist on October 21, 2014, 07:34:04 AM

Quote from: cryptico on October 21, 2014, 07:17:09 AM

Quote from: hoertest on October 21, 2014, 07:10:50 AM

Quote from: synechist on October 21, 2014, 07:01:44 AM

Quote from: hoertest on October 21, 2014, 06:58:12 AM

Quote from: reebokasss on October 21, 2014, 06:49:30 AM

i want to buy more XC, what do you think if its good idea to buy now at ~100k , or we will see something like yesterday (69k)

if they would finally start spending some time selling XC as the privacy leader it is to the normal people 100k is a gift basically.

Thanks for the suggestion.

This is a central part of the next phase of XC, as we move from pure tech development to delivering services that everyday people can use.

Good to hear. the blocknet puts some kind of additional time pressure on this imo. the PR not the products themselfes.

Yes basically now your Job is doubled Synechist.

Heh. In 8 days' time there'll be funding to employ more people.

Can you not get help from the PR guys of the other coins involved in the block-net?

As well you should clarify well how revenue system will work for the shareholders in saying how, when and how much the holders will get paid for each share they own. The dividends I mean.

At this point for most Investors is a jump in the Dark me included even if I see the potential.

I am starting to have the mix feeling that we are doing too many things in a bit of a messy way without grasping our xc foundamentals first. Maybe we should have waited to have a final complete product before jumping into this.

XC product will have given more trust to the blocknet. as for now XC is still in Beta release and many things do not work or are outdated.

Yes, hope that now blocknet got his own thread we can go back to business, finish anon & xchat and stuff like the new UI, mobile etc

Indeed. Back to business.

This week's focus: getting the new UI done and into your hands.

KimmyF

sr. member

Activity: 978

Merit: 250

Quote from: cryptico on October 21, 2014, 07:51:46 AM

Quote from: synechist on October 21, 2014, 07:34:04 AM

Quote from: cryptico on October 21, 2014, 07:17:09 AM

Quote from: hoertest on October 21, 2014, 07:10:50 AM

Quote from: synechist on October 21, 2014, 07:01:44 AM

Quote from: hoertest on October 21, 2014, 06:58:12 AM

Quote from: reebokasss on October 21, 2014, 06:49:30 AM

i want to buy more XC, what do you think if its good idea to buy now at ~100k , or we will see something like yesterday (69k)

if they would finally start spending some time selling XC as the privacy leader it is to the normal people 100k is a gift basically.

Thanks for the suggestion.

This is a central part of the next phase of XC, as we move from pure tech development to delivering services that everyday people can use.

Good to hear. the blocknet puts some kind of additional time pressure on this imo. the PR not the products themselfes.

Yes basically now your Job is doubled Synechist.

Heh. In 8 days' time there'll be funding to employ more people.

Can you not get help from the PR guys of the other coins involved in the block-net?

As well you should clarify well how revenue system will work for the shareholders in saying how, when and how much the holders will get paid for each share they own. The dividends I mean.

At this point for most Investors is a jump in the Dark me included even if I see the potential.

I am starting to have the mix feeling that we are doing too many things in a bit of a messy way without grasping our xc foundamentals first. Maybe we should have waited to have a final complete product before jumping into this.

XC product will have given more trust to the blocknet. as for now XC is still in Beta release and many things do not work or are outdated.

Yes, hope that now blocknet got his own thread we can go back to business, finish anon & xchat and stuff like the new UI, mobile etc

synechist

legendary

Activity: 1190

Merit: 1000

To commodify ethicality is to ethicise the market

Quote from: cryptico on October 21, 2014, 07:51:46 AM

Quote from: synechist on October 21, 2014, 07:34:04 AM

Quote from: cryptico on October 21, 2014, 07:17:09 AM

Quote from: hoertest on October 21, 2014, 07:10:50 AM

Quote from: synechist on October 21, 2014, 07:01:44 AM

Quote from: hoertest on October 21, 2014, 06:58:12 AM

Quote from: reebokasss on October 21, 2014, 06:49:30 AM

i want to buy more XC, what do you think if its good idea to buy now at ~100k , or we will see something like yesterday (69k)

if they would finally start spending some time selling XC as the privacy leader it is to the normal people 100k is a gift basically.

Thanks for the suggestion.

This is a central part of the next phase of XC, as we move from pure tech development to delivering services that everyday people can use.

Good to hear. the blocknet puts some kind of additional time pressure on this imo. the PR not the products themselfes.

Yes basically now your Job is doubled Synechist.

Heh. In 8 days' time there'll be funding to employ more people.

Can you not get help from the PR guys of the other coins involved in the block-net?

Yes but that could be a more complicated route to take.

Quote

As well you should clarify well how revenue system will work for the shareholders in saying how, when and how much the holders will get paid for each share they own. The dividends I mean.

What's clear at the moment is that revenues will depend on usage * fee * number of tx per service / number of shareholders.

What's not clear is what the usage will be.

Quote

I am starting to have the mix feeling that we are doing too many things in a bit of a messy way without grasping our xc foundamentals first. Maybe we should have waited to have a final complete product before jumping into this.

XC product will have given more trust to the blocknet. as for now XC is still in Beta release and many things do not work or are outdated.

I do not think it makes any sense to wait longer before creating the Blocknet.

The Blocknet is essential to XC actually being used. It'll increase liquidity, massive increase its user base, and advertise its services like nothing else.

To release Rev 3 without the Blocknet is like deciding to launch a company without a web presence: enormously detrimental.

cryptico

hero member

Activity: 700

Merit: 500

Quote from: synechist on October 21, 2014, 07:34:04 AM

Quote from: cryptico on October 21, 2014, 07:17:09 AM

Quote from: hoertest on October 21, 2014, 07:10:50 AM

Quote from: synechist on October 21, 2014, 07:01:44 AM

Quote from: hoertest on October 21, 2014, 06:58:12 AM

Quote from: reebokasss on October 21, 2014, 06:49:30 AM

i want to buy more XC, what do you think if its good idea to buy now at ~100k , or we will see something like yesterday (69k)

if they would finally start spending some time selling XC as the privacy leader it is to the normal people 100k is a gift basically.

Thanks for the suggestion.

This is a central part of the next phase of XC, as we move from pure tech development to delivering services that everyday people can use.

Good to hear. the blocknet puts some kind of additional time pressure on this imo. the PR not the products themselfes.

Yes basically now your Job is doubled Synechist.

Heh. In 8 days' time there'll be funding to employ more people.

Can you not get help from the PR guys of the other coins involved in the block-net?

As well you should clarify well how revenue system will work for the shareholders in saying how, when and how much the holders will get paid for each share they own. The dividends I mean.

At this point for most Investors is a jump in the Dark me included even if I see the potential.

I am starting to have the mix feeling that we are doing too many things in a bit of a messy way without grasping our xc foundamentals first. Maybe we should have waited to have a final complete product before jumping into this.

XC product will have given more trust to the blocknet. as for now XC is still in Beta release and many things do not work or are outdated.

synechist

legendary

Activity: 1190

Merit: 1000

To commodify ethicality is to ethicise the market

Quote from: cryptico on October 21, 2014, 07:17:09 AM

Quote from: hoertest on October 21, 2014, 07:10:50 AM

Quote from: synechist on October 21, 2014, 07:01:44 AM

Quote from: hoertest on October 21, 2014, 06:58:12 AM

Quote from: reebokasss on October 21, 2014, 06:49:30 AM

i want to buy more XC, what do you think if its good idea to buy now at ~100k , or we will see something like yesterday (69k)

if they would finally start spending some time selling XC as the privacy leader it is to the normal people 100k is a gift basically.

Thanks for the suggestion.

This is a central part of the next phase of XC, as we move from pure tech development to delivering services that everyday people can use.

Good to hear. the blocknet puts some kind of additional time pressure on this imo. the PR not the products themselfes.

Yes basically now your Job is doubled Synechist.

Heh. In 8 days' time there'll be funding to employ more people.

cryptico

hero member

Activity: 700

Merit: 500

Quote from: hoertest on October 21, 2014, 07:10:50 AM

Quote from: synechist on October 21, 2014, 07:01:44 AM

Quote from: hoertest on October 21, 2014, 06:58:12 AM

Quote from: reebokasss on October 21, 2014, 06:49:30 AM

i want to buy more XC, what do you think if its good idea to buy now at ~100k , or we will see something like yesterday (69k)

if they would finally start spending some time selling XC as the privacy leader it is to the normal people 100k is a gift basically.

Thanks for the suggestion.

This is a central part of the next phase of XC, as we move from pure tech development to delivering services that everyday people can use.

Good to hear. the blocknet puts some kind of additional time pressure on this imo. the PR not the products themselfes.

Yes basically now your Job is doubled Synechist.

hoertest

hero member

Activity: 882

Merit: 1000

Quote from: synechist on October 21, 2014, 07:01:44 AM

Quote from: hoertest on October 21, 2014, 06:58:12 AM

Quote from: reebokasss on October 21, 2014, 06:49:30 AM

i want to buy more XC, what do you think if its good idea to buy now at ~100k , or we will see something like yesterday (69k)

if they would finally start spending some time selling XC as the privacy leader it is to the normal people 100k is a gift basically.

Thanks for the suggestion.

This is a central part of the next phase of XC, as we move from pure tech development to delivering services that everyday people can use.

Good to hear. the blocknet puts some kind of additional time pressure on this imo. the PR not the products themselfes.

mxxxxxx

legendary

Activity: 2310

Merit: 1000

Quote from: stealth923 on October 21, 2014, 06:47:36 AM

I must admit, I am trying hard to understand how this all works but I am stumped... Blocknet, ITO's, 10% off sales for coin/share purchases, Web 3.0, XC Inc Shares, Micropayments, XNodes, XChat, XBridge, XMixer .....this is the most confusing coin ever......Good luck marketing this to your every day user.

Edit: And I am concerned by the statements above - it gives the impression of a desperate attempt at a cash grab...."combined market caps of all the coins" come on...

You should guys visit BlockNet thread too, a lot of good info there

Quote from: synechist on October 21, 2014, 06:42:33 AM

Quote from: Queeq on October 21, 2014, 06:40:25 AM

Quote from: synechist on October 21, 2014, 06:24:06 AM

I would like to apologise for the inclusion of the "Reasons to buy Blocknet shares" paragraph in the OP.

It was not intended as investment advice, but rather as a cursory summation of fundamentals.

It has now been removed.

Thank you for the update, but it is still unclear why Blocknet shares are needed at all.

Blocknet fees have to be paid in something right?

We're offering the community a chance to earn Blocknet fees by owning shares (tokens).

In return, the Blocknet gets development funding.

Quote from: synechist on October 21, 2014, 06:45:22 AM

Quote from: 00Smurf on October 21, 2014, 06:43:10 AM

i was merely commenting on others points that they brought up while injecting my own point of view that i don't think tokens are needed in order to do currency conversions, which both supernet and blocknet use. Bit/Black halo has already shown that crosschain trading can be done without the need for a token. This is merely my opinion as a person.

You're right, Blocknet tokens are not used for currency conversions.

They're used to allocated fee-revenue to holders.

They're also used to express the value of the Blocknet.

And, lastly, they're used to enable community-ownership of Blocknet assets.

Quote from: synechist on October 21, 2014, 06:52:21 AM

Quote from: ?? on ??

I want to clarify, that although without some sort of tangible proof-of-concept I believe this is purely a vehicle for market manipulation, I also fully support this project and will be following it closely. Grin

Personally I'd love some proof-of-concept code to be released prior to the ITO.

Part of the XBridge code is actually completed so this might be possible.

Regardless of that, the XBridge protocol is based on the Xnode protocol that XC uses. If anyone is worried about development talent or the ability to deliver, take a look at XC's timeline.

Now pool all the developer talent from all the participating coins.

This code will get nailed down good and proper.

Quote from: synechist on October 21, 2014, 06:58:48 AM

Quote from: qawzsx on October 21, 2014, 06:56:23 AM

Quote from: hoertest on October 21, 2014, 05:00:03 AM

coins like ppc or doge would bring a huge userbase to blocknet which is just as important as the unique and innovative features of the current blocknet coins. so this is not about neither the one or the other , both well known coins and new innovative coins can benefit from taking part in the blocknet.

but blocknet had to start somewhere and its easier to start this with smaller coin teams. when this turns out to run smoothly i think a lot of old school coins will join and they are very welcome. If you are one hosting a service like XC private transaction by holding 1k xc you welcome them with open arms.

I think the BlockNet targets tech, not userbase. For real? Doge, gtfo with that shitcoin, it's just a plain stupid copy-paste of litecoin, no tech at all in that one.

You're right. All current participating coins are included for their genuine (and relevant) innovation.

Personally I'm not averse to large user-bases by any means though. :-)

synechist

legendary

Activity: 1190

Merit: 1000

To commodify ethicality is to ethicise the market

Quote from: Come-In-Behind on October 21, 2014, 07:03:38 AM

Quote from: KimmyF on October 21, 2014, 07:01:40 AM

Syn,

the link for Cryptsy leads to: https://www.cryptsy.com/markets/view/21 (and shows WDC)
this should be: https://www.cryptsy.com/markets/view/XC_BTC

It's https://www.cryptsy.com/markets/view/210

210* not 21.

Aha. Then probably a typo on my part.

Come-In-Behind

full member

Activity: 182

Merit: 100

Quote from: KimmyF on October 21, 2014, 07:01:40 AM

Syn,

the link for Cryptsy leads to: https://www.cryptsy.com/markets/view/21 (and shows WDC)
this should be: https://www.cryptsy.com/markets/view/XC_BTC

It's https://www.cryptsy.com/markets/view/210

210* not 21.

synechist

legendary

Activity: 1190

Merit: 1000

To commodify ethicality is to ethicise the market

Quote from: KimmyF on October 21, 2014, 07:01:40 AM

Syn,

the link for Cryptsy leads to: https://www.cryptsy.com/markets/view/21 (and shows WDC)
this should be: https://www.cryptsy.com/markets/view/XC_BTC

Aha. Thanks. They must've changed things on their end. Sneaky.

synechist

legendary

Activity: 1190

Merit: 1000

To commodify ethicality is to ethicise the market

Quote from: hoertest on October 21, 2014, 06:58:12 AM

Quote from: reebokasss on October 21, 2014, 06:49:30 AM

i want to buy more XC, what do you think if its good idea to buy now at ~100k , or we will see something like yesterday (69k)

if they would finally start spending some time selling XC as the privacy leader it is to the normal people 100k is a gift basically.

Thanks for the suggestion.

This is a central part of the next phase of XC, as we move from pure tech development to delivering services that everyday people can use.

KimmyF

sr. member

Activity: 978

Merit: 250

Syn,

the link for Cryptsy leads to: https://www.cryptsy.com/markets/view/21 (and shows WDC)
this should be: https://www.cryptsy.com/markets/view/XC_BTC

Come-In-Behind

full member

Activity: 182

Merit: 100

Quote from: synechist on October 21, 2014, 06:54:08 AM

Quote from: Come-In-Behind on October 21, 2014, 06:50:14 AM

What should be explained is: The most profitable way to enter the blocknet(What coin to buy to get blocknet shares).

On the day of the ITO, any participating coin will get you the same discount: 10% off.

And XC is the base for the blocknet right?

hoertest

hero member

Activity: 882

Merit: 1000

Quote from: reebokasss on October 21, 2014, 06:49:30 AM

i want to buy more XC, what do you think if its good idea to buy now at ~100k , or we will see something like yesterday (69k)

if they would finally start spending some time selling XC as the privacy leader it is to the normal people 100k is a gift basically.

synechist

legendary

Activity: 1190

Merit: 1000

To commodify ethicality is to ethicise the market

Quote from: Come-In-Behind on October 21, 2014, 06:50:14 AM

What should be explained is: The most profitable way to enter the blocknet(What coin to buy to get blocknet shares).

On the day of the ITO, any participating coin will get you the same discount: 10% off.

Mountaingoat

hero member

Activity: 714

Merit: 500

Quote from: reebokasss on October 21, 2014, 06:49:30 AM

i want to buy more XC, what do you think if its good idea to buy now at ~100k , or we will see something like yesterday (69k)

Just buy now, it is already cheap.

Come-In-Behind

full member

Activity: 182

Merit: 100

What should be explained is: The most profitable way to enter the blocknet(What coin to buy to get blocknet shares).

reebokasss

sr. member

Activity: 364

Merit: 250

i want to buy more XC, what do you think if its good idea to buy now at ~100k , or we will see something like yesterday (69k)

stealth923

legendary

Activity: 1036

Merit: 1000

Quote from: synechist on October 21, 2014, 06:34:59 AM

Quote from: CrazyLeoW on October 21, 2014, 12:47:00 AM

- The Blocknet’s initial value during the ITO equates to the following: 10 000 000 shares multiplied by an
initial share price of 0.00025 BTC = 2500 BTC.

Is BTC the only accepted coin to buy BN shares? Could Xcurrency redeem BN shares after its release?
So the usage of Xcurrency is to setup a Xnode and nothing else, right?
XC community have been supporting the team from Day1 and unfortunately the team seems to initial a new business to move on. XC holders' investment will go down the drain？
Let's explain these questions.
Sorry, I feel really bad about recent news.

Just to clear this up...

- Blocknet shares can be bought with all participating currencies.

- The usage of XCurrency is exactly what it was before. The Blocknet takes nothing away from XC. Thinking that the Blocknet will somehow dilute XC's value is like saying that Google's value will decrease by being on the internet.

- Did you even read the press release? To quote:

The Blocknet is, essentially, all the features of all participating coins rolled into one. Does this mean that by joining the Blocknet, a coin gives up its technology to the Blocknet?
-   No, coins retain every single one of their features and do not give up any of them.
-   Coins’ features are offered as services to other coins – for a fee – on the Blocknet.
-   Nodes that render these services are remunerated for their role.
-   The Blocknet also receives micropayments as fees for supporting the rendering of these services – the profits for which go to token-holders.
-   So instead of stealing coins’ features, the Blocknet does two things:
   o   The Blocknet increases a coin’s userbase for its services. No longer are coins only used by their (generally tiny) communities.
   o   By extending the reach of a coin’s service, the Blocknet serves as the most effective form of advertising possible for a coin: actual usage. Nothing will attract users more than trying a coin’s service and enjoying it.
-   Furthermore, the Blocknet removes multiple barriers to entry for would-be users of a coin, like
   a)   Making it trivially easy to discover a coin amidst the thousands in existence.
   b)   Not requiring a user to research a coin and understand it before adopting it.
   c)   Not requiring a user to download new software and learn how to use it.
   d)   Not having to do market analysis to calculate the risks of buying a coin before one can use it. For the first time the Blocknet makes it possible for coins’ services to be used without one first having to buy coins, and coins can be traded without having to use their services.

I must admit, I am trying hard to understand how this all works but I am stumped... Blocknet, ITO's, 10% off sales for coin/share purchases, Web 3.0, XC Inc Shares, Micropayments, XNodes, XChat, XBridge, XMixer .....this is the most confusing coin ever......Good luck marketing this to your every day user.

Edit: And I am concerned by the statements above - it gives the impression of a desperate attempt at a cash grab...."combined market caps of all the coins" come on...

Topic: [XC][XCurrency] Decentralised Trustless Privacy Platform / Encrypted XChat / Pos - page 124. (Read 1484185 times)