[XC][XCurrency] Decentralised Trustless Privacy Platform / Encrypted XChat / Pos - page 127.

CrazyLeoW

full member

Activity: 126

Merit: 100

XC

- 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.

adhitthana

legendary

Activity: 1190

Merit: 1000

Quote from: TheGer on October 20, 2014, 11:24:13 PM

2+2=4

If you look at the Blocknet as a single entity then it is = the sum of its parts.

That is ofcourse if you consider Market Cap a legitimate estimate of a coins value.

In what way is the blocknet comprised of all the coins? Is the blocknet a composition of all the blockchains?

This might be a dumb question but I really don't understand this.

Can I spend the blocknet as I might spend a coin?

TheGer

hero member

Activity: 602

Merit: 500

2+2=4

If you look at the Blocknet as a single entity then it is = the sum of its parts.

That is ofcourse if you consider Market Cap a legitimate estimate of a coins value.

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

adhitthana

legendary

Activity: 1190

Merit: 1000

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?

adhitthana

legendary

Activity: 1190

Merit: 1000

If one can buy Blocknet shares using any one of the coins that are participating, how do we know how much of each coin will buy 1 blocknet share??
Is there some VWAP period?
Huh

TheGer

hero member

Activity: 602

Merit: 500

I think as more coins with unique offerings are developed and integrated, the utility of Blocknet can only add to its value. I can see this as a first step in an evolution to a new encrypted internet not under the thumb of government regulation with all kinds of services being offered.

Uh oh here comes the NSA...

racer2012

full member

Activity: 238

Merit: 100

Quote from: CrazyLeoW on October 20, 2014, 09:44:12 PM

Develop a blocknet for all coins, and finally, every coin will fall.
WE DO NOT NEED SO MANY COINS, MAN.

What does it mean every coin will fall Huh

Please explain

CrazyLeoW

full member

Activity: 126

Merit: 100

XC

Develop a blocknet for all coins, and finally, every coin will fall.
WE DO NOT NEED SO MANY COINS, MAN.

NewWorldCoiner

sr. member

Activity: 490

Merit: 250

Saved you from a scam? Send me some BTC!

Quote from: URSAY on October 20, 2014, 08:28:57 PM

Quote from: NewWorldCoiner on October 20, 2014, 08:25:13 PM

I don't think its mintpal dumping, they gave me my 4k xc back.

How long ago did you get it back?

On the 16th, had to wait about an hour. I think the btc is gone though, its moved around quite a bit.

URSAY

legendary

Activity: 1974

Merit: 1010

Quote from: NewWorldCoiner on October 20, 2014, 08:25:13 PM

I don't think its mintpal dumping, they gave me my 4k xc back.

How long ago did you get it back?

NewWorldCoiner

sr. member

Activity: 490

Merit: 250

Saved you from a scam? Send me some BTC!

I don't think its mintpal dumping, they gave me my 4k xc back.

TheGer

hero member

Activity: 602

Merit: 500

RIP TheCryptoPrince

/shownthedoor

Quote from: TheCryptoPrince on October 20, 2014, 07:24:35 PM

RIP XC

MiningMinion

full member

Activity: 225

Merit: 100

Quote from: TheCryptoPrince on October 20, 2014, 07:24:35 PM

RIP XC

Thanks for having a very constructive comment!

synechist

legendary

Activity: 1190

Merit: 1000

To commodify ethicality is to ethicise the market

Quote from: wooder on October 20, 2014, 06:57:22 PM

Quote from: synechist on October 20, 2014, 06:55:23 PM

Quote from: flashbit on October 20, 2014, 06:50:55 PM

Wow XC chart doesn't look good. New lows very day now.

I hope Dan doesn't loose focus on his pride and joy XC. It sure could use some love right now.

I don't plan to sell now but man hate seeing my XC continue to drop in value. Pressure is on.

XC Mobile is almost here. :-)

almost means what? a matter of days or more like months?

Not months. Quite possibly this week, but I haven't been given confirmation of that.

TheCryptoPrince

newbie

Activity: 4

Merit: 0

RIP XC

flashbit

hero member

Activity: 1008

Merit: 505

Quote from: MiningMinion on October 20, 2014, 07:21:11 PM

Quote from: flashbit on October 20, 2014, 06:50:55 PM

Wow XC chart doesn't look good. New lows very day now.

I hope Dan doesn't loose focus on his pride and joy XC. It sure could use some love right now.

I don't plan to sell now but man hate seeing my XC continue to drop in value. Pressure is on.

it could be that people are selling some xc to get some of the other coins that are joining the blockNET.

It could also be that mintpal is dumping our XC.

It could be that some just need the money.

It could be that some people are just plain silly.

But it's good for new investors to get into XC now!

Lets hope Dan gets the mobile version out soon or there will be lots of XCs available for new investors If you know what I mean Wink

flashbit

hero member

Activity: 1008

Merit: 505

Quote from: URSAY on October 20, 2014, 06:58:45 PM

You're missing d and f release Wink

man Dan doesn't mess around.

MiningMinion

full member

Activity: 225

Merit: 100

Quote from: flashbit on October 20, 2014, 06:50:55 PM

Wow XC chart doesn't look good. New lows very day now.

I hope Dan doesn't loose focus on his pride and joy XC. It sure could use some love right now.

I don't plan to sell now but man hate seeing my XC continue to drop in value. Pressure is on.

it could be that people are selling some xc to get some of the other coins that are joining the blockNET.

It could also be that mintpal is dumping our XC.

It could be that some just need the money.

It could be that some people are just plain silly.

But it's good for new investors to get into XC now!

URSAY

legendary

Activity: 1974

Merit: 1010

flashbit

hero member

Activity: 1008

Merit: 505

Quote from: synechist on October 20, 2014, 06:55:23 PM

Quote from: flashbit on October 20, 2014, 06:50:55 PM

Wow XC chart doesn't look good. New lows very day now.

I hope Dan doesn't loose focus on his pride and joy XC. It sure could use some love right now.

I don't plan to sell now but man hate seeing my XC continue to drop in value. Pressure is on.

XC Mobile is almost here. :-)

Good to hear.

Topic: [XC][XCurrency] Decentralised Trustless Privacy Platform / Encrypted XChat / Pos - page 127. (Read 1484218 times)