[XC][XCurrency] Decentralised Trustless Privacy Platform / Encrypted XChat / Pos - page 125.

synechist

legendary

Activity: 1190

Merit: 1000

To commodify ethicality is to ethicise the market

Quote from: cryptico on October 21, 2014, 06:39:54 AM

Quote from: holyprofit on October 21, 2014, 06:21:23 AM

Quote from: adhitthana on October 20, 2014, 11:47:30 PM

Quote

REASONS TO BUY BLOCKNET SHARES
- 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.
- However the Blocknet’s real-world value should equate to the total combined use-value of every coin in
the Blocknet. Therefore, at a bare minimum, the Blocknet’s value would be equal to the sum of the market
cap of all participating coins.

Why?

Why is the Blocknet equivalent to all those coins (valuewise).

Quote

This is currently $4,288,591.00 or 11,285 BTC. Therefore an eventual gain in
price of 450% can be expected after the ITO.

Quote

- But in addition to all its coins’ features, the Blocknet has the further features of (a) making all the coins’
services accessible to all users, and (b) bringing all coins’ users to every coin. Taking this massive increase
in utility into consideration results in the following calculation: multiply the combined market cap of all
participating coins by the number of coins. The resulting value is 22,500 BTC or a 900% profit on the
share price after a successful implementation (and adoption) of the technology.

Why?

I really can't follow the reasoning here.

Am I missing something?

I didn't follow the logic either. Why would the real world value equate to the sum of the market caps? The value of the London Stock Exchange isn't equal to the total value of the shares traded on it.

Indeed the announcement page need to be re-done ASAP in that point. as well being sure that is compleately legal what it is written in that ANNOUNCEMENT as I saw some concerns about this in the blocknet thread.

It's been done already.

Go check it out.

cryptico

hero member

Activity: 700

Merit: 500

Quote from: holyprofit on October 21, 2014, 06:21:23 AM

Quote from: adhitthana on October 20, 2014, 11:47:30 PM

Quote

REASONS TO BUY BLOCKNET SHARES
- 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.
- However the Blocknet’s real-world value should equate to the total combined use-value of every coin in
the Blocknet. Therefore, at a bare minimum, the Blocknet’s value would be equal to the sum of the market
cap of all participating coins.

Why?

Why is the Blocknet equivalent to all those coins (valuewise).

Quote

This is currently $4,288,591.00 or 11,285 BTC. Therefore an eventual gain in
price of 450% can be expected after the ITO.

Quote

- But in addition to all its coins’ features, the Blocknet has the further features of (a) making all the coins’
services accessible to all users, and (b) bringing all coins’ users to every coin. Taking this massive increase
in utility into consideration results in the following calculation: multiply the combined market cap of all
participating coins by the number of coins. The resulting value is 22,500 BTC or a 900% profit on the
share price after a successful implementation (and adoption) of the technology.

Why?

I really can't follow the reasoning here.

Am I missing something?

I didn't follow the logic either. Why would the real world value equate to the sum of the market caps? The value of the London Stock Exchange isn't equal to the total value of the shares traded on it.

Indeed the announcement page need to be re-done ASAP in that point. as well being sure that is compleately legal what it is written in that ANNOUNCEMENT as I saw some concerns about this in the blocknet thread.

Come-In-Behind

full member

Activity: 182

Merit: 100

I havent seen much post about using XC instead of btc to buy into the blocknet, that'd get you 10% more shares/

synechist

legendary

Activity: 1190

Merit: 1000

To commodify ethicality is to ethicise the market

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.

ib88

newbie

Activity: 56

Merit: 0

Quote from: Mountaingoat on October 21, 2014, 06:20:23 AM

Quote from: heartastack on October 21, 2014, 06:12:41 AM

Mountain goat? Is that a god damn joke?

Yes, it started a little while ago.

Quote from: ib88 on October 21, 2014, 06:19:04 AM

Quote from: Mountaingoat on October 21, 2014, 06:04:01 AM

I would like to remind everybody of the official unofficial mascot 50% of the fund will be donated to the XC development or the PR address:
Donate address:
XP5K8cg6YbFqa5w8Q9bAriaJncptAP7g5w

And the other 50%? Nothing irks me more than people begging.

How is this begging? I have made people laugh at times because of the goat, I also got permission from Arlyn to post this again.

You expect to be paid for making people 'laugh'? What happened to contributing to a thread without expecting something in return. I personally think this goat nonsense is overplayed and detracts from XC's professionalism.

hoertest

hero member

Activity: 882

Merit: 1000

i think what we see right now is people who see the blocknet like longshort dude at sdc getting out of xc. they don't get it or see no benefit and don'T want to support this course . on the other side there are new guys who like the vision that XC has for itself in and outside of the blocknet as an ecosystem coming in.

what the team needs to do now badly though is communcate in a understandable way that XC and only xc has the best and by my standards only legitimate privacy solution around and is not willing to give it up to any joint venture. i get it but alot don't. You really fail to play that card properly and in the arrival of blocknet this CAN'T wait till rev3. and dont show me the press releases on mesh network, those have been abstract and totally failing to make this clear.

after all this new developments the last couple of weeks there had to come some substitution of investors. i like the direction, some don't so they will be replaced now by investors that see a benefit in blocknet like myself. But guys don'T forget your privacy. you think its self explaining that people see xc as the number 1 anaon coin but its not. there has to be some boring grass routs PR work done for the Xmixer. its missing totally.

holyprofit

full member

Activity: 196

Merit: 100

Quote from: adhitthana on October 20, 2014, 11:47:30 PM

Quote

REASONS TO BUY BLOCKNET SHARES
- 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.
- However the Blocknet’s real-world value should equate to the total combined use-value of every coin in
the Blocknet. Therefore, at a bare minimum, the Blocknet’s value would be equal to the sum of the market
cap of all participating coins.

Why?

Why is the Blocknet equivalent to all those coins (valuewise).

Quote

This is currently $4,288,591.00 or 11,285 BTC. Therefore an eventual gain in
price of 450% can be expected after the ITO.

Quote

- But in addition to all its coins’ features, the Blocknet has the further features of (a) making all the coins’
services accessible to all users, and (b) bringing all coins’ users to every coin. Taking this massive increase
in utility into consideration results in the following calculation: multiply the combined market cap of all
participating coins by the number of coins. The resulting value is 22,500 BTC or a 900% profit on the
share price after a successful implementation (and adoption) of the technology.

Why?

I really can't follow the reasoning here.

Am I missing something?

I didn't follow the logic either. Why would the real world value equate to the sum of the market caps? The value of the London Stock Exchange isn't equal to the total value of the shares traded on it.

Mountaingoat

hero member

Activity: 714

Merit: 500

Quote from: heartastack on October 21, 2014, 06:12:41 AM

Mountain goat? Is that a god damn joke?

Yes, it started a little while ago.

Quote from: ib88 on October 21, 2014, 06:19:04 AM

Quote from: Mountaingoat on October 21, 2014, 06:04:01 AM

I would like to remind everybody of the official unofficial mascot 50% of the fund will be donated to the XC development or the PR address:
Donate address:
XP5K8cg6YbFqa5w8Q9bAriaJncptAP7g5w

And the other 50%? Nothing irks me more than people begging.

How is this begging? I have made people laugh at times because of the goat, I also got permission from Arlyn to post this again.

ib88

newbie

Activity: 56

Merit: 0

Quote from: Mountaingoat on October 21, 2014, 06:04:01 AM

I would like to remind everybody of the official unofficial mascot 50% of the fund will be donated to the XC development or the PR address:
Donate address:
XP5K8cg6YbFqa5w8Q9bAriaJncptAP7g5w

And the other 50%? Nothing irks me more than people begging.

gramen

member

Activity: 116

Merit: 10

Quote from: ib88 on October 21, 2014, 05:55:41 AM

Quote from: gramen on October 21, 2014, 05:43:39 AM

Why was my post deleted here? So much for freedom of speech. Sad

take your spam elsewhere

Thanks.. Now I see why people stop believing in these projects. I'll go back to the IoC thread where I can post my "spam" freely, and without the XC thought police at my back. Sorry for even being here.

The-C-Word

member

Activity: 100

Merit: 10

Quote from: heartastack on October 21, 2014, 06:12:41 AM

Mountain goat? Is that a god damn joke?

Yes.

heartastack

hero member

Activity: 714

Merit: 500

Mountain goat? Is that a god damn joke?

hashxtag

newbie

Activity: 15

Merit: 0

Quote from: reebokasss on October 21, 2014, 05:43:32 AM

yesterday synechist said that people who are dumping are very stupid because they release news about blocknet soon (it was yesterday). now news are released and dumping isnt stops.. for that reason i think that many people doesnt believe in xc and blocknet.. its very sad

but its good for me because i will get some BTC in 6 hours and i would like to buy more xc at 100k

i hope i will jump in train at that price

I think dumping has little to do with technology, more about market developing.

XC does not develop it's market, which is gaining:
1) good exchanges with quite enough volume
2) possibilities to pay using XC
3) bulding community support and PR

XC is focused on technology, that's why after the boom in price it will decrease - it's market is not developing for a very long time, and I haven't seen any plans/rodemap about this, however it's very important for investors.

Better PR like Blackcoin have is required here.

I think what we need is to believe more in the people then technology itself Tongue

Mountaingoat

hero member

Activity: 714

Merit: 500

I would like to remind everybody of the official unofficial mascot 50% of the fund will be donated to the XC development or the PR address:

Donate address:
XP5K8cg6YbFqa5w8Q9bAriaJncptAP7g5w

ib88

newbie

Activity: 56

Merit: 0

Quote from: gramen on October 21, 2014, 05:43:39 AM

Why was my post deleted here? So much for freedom of speech. Sad

take your spam elsewhere

cryptico

hero member

Activity: 700

Merit: 500

Quote from: synechist on October 21, 2014, 05:42:27 AM

Quote from: cryptico on October 21, 2014, 05:31:20 AM

Can someone clarify if Blocknet is web 3.0 xc solution? for what I understand is not clear how the web 3.0 services of xc will be still capitalised trough xmixer if now they are indexed on the block net. where are the fees coming in for the mixers from?

Maybe that is the reason for the major holder dumping the shit out of XC at the moment...

No, the dump came long before the news.

And XC's web 3.0 plans are not the Blocknet.

The Blocknet connects blockchains.

Web 3.0 connects everything.

Perfect thank you for the clarification

gramen

member

Activity: 116

Merit: 10

Why was my post deleted here? So much for freedom of speech. Sad

reebokasss

sr. member

Activity: 364

Merit: 250

yesterday synechist said that people who are dumping are very stupid because they release news about blocknet soon (it was yesterday). now news are released and dumping isnt stops.. for that reason i think that many people doesnt believe in xc and blocknet.. its very sad

but its good for me because i will get some BTC in 6 hours and i would like to buy more xc at 100k

i hope i will jump in train at that price

synechist

legendary

Activity: 1190

Merit: 1000

To commodify ethicality is to ethicise the market

Quote from: cryptico on October 21, 2014, 05:31:20 AM

Can someone clarify if Blocknet is web 3.0 xc solution? for what I understand is not clear how the web 3.0 services of xc will be still capitalised trough xmixer if now they are indexed on the block net. where are the fees coming in for the mixers from?

Maybe that is the reason for the major holder dumping the shit out of XC at the moment...

No, the dump came long before the news.

And XC's web 3.0 plans are not the Blocknet.

The Blocknet connects blockchains.

Web 3.0 connects everything.

cryptico

hero member

Activity: 700

Merit: 500

Can someone clarify if Blocknet is web 3.0 xc solution? for what I understand is not clear how the web 3.0 services of xc will be still capitalised trough xmixer if now they are indexed on the block net. where are the fees coming in for the mixers from?

Maybe that is the reason for the major holder dumping the shit out of XC at the moment...

Topic: [XC][XCurrency] Decentralised Trustless Privacy Platform / Encrypted XChat / Pos - page 125. (Read 1484185 times)