[XC][XCurrency] Decentralised Trustless Privacy Platform / Encrypted XChat / Pos - page 129.

policymaker

full member

Activity: 210

Merit: 100

Crypto Currency Supporter

Quote from: synechist on October 20, 2014, 05:15:00 PM

Quote from: policymaker on October 20, 2014, 05:07:33 PM

Quote from: MiningMinion on October 20, 2014, 05:03:27 PM

Nice. Now I have to juggle between how much blockNET and XC Inc. to get.

this. I mean is there ANY way to know RIGHT NOW what we should buy Sad

OFC its helpful to remind you that you get 1 XC ITO share for every 10 XC you declare you own at the XC ITO time, anyway.

My plan:

Buy Blocknet shares with XC

Make some good profit on the appreciation because the ITO valuation is crazy low

Sell some Blocknet shares

Buy more XC.

I just read the pdf, and my mind is totally blown, it seems its a really crucial crypto project for sure.

I have to say however, I am even more intrigued by the XC ITO and company itself. I have a certain % which I was gonna hold for trading(and the rest % holding for the XC ITO), but now I feel like spending the former, small % for the blocknet shares, and I probably will. But damn, those decisions could really mean the world in, like, a couple of years from now :/

If one follows your plan, and XC price rises for w/e reason a lot before you sell the blocknet shares, you might lose profit :/

synechist

legendary

Activity: 1190

Merit: 1000

To commodify ethicality is to ethicise the market

Quote from: policymaker on October 20, 2014, 05:07:33 PM

Quote from: MiningMinion on October 20, 2014, 05:03:27 PM

Nice. Now I have to juggle between how much blockNET and XC Inc. to get.

this. I mean is there ANY way to know RIGHT NOW what we should buy Sad

OFC its helpful to remind you that you get 1 XC ITO share for every 10 XC you declare you own at the XC ITO time, anyway.

My plan:

Buy Blocknet shares with XC

Make some good profit on the appreciation because the ITO valuation is crazy low

Sell some Blocknet shares

Buy more XC.

jibble

hero member

Activity: 924

Merit: 1000

Quote from: akula999 on October 20, 2014, 05:10:42 PM

Quote from: jibble on October 20, 2014, 05:09:33 PM

Quote from: MiningMinion on October 20, 2014, 05:03:27 PM

Nice. Now I have to juggle between how much blockNET and XC Inc. to get.

Yeah i had same thoughts but , buying blocknet ITO now with xc, 10% discount, XC a a low point so easy reentry to buy up some more, and with the Xinc ITO you get "tokens" for proof of holding, you don't need to spend the coins, just show you have them

Quote from: akula999 on October 20, 2014, 05:05:53 PM

In my opinion, long time XC holders should get some free Blocknet during the ITO.

that would require XC to be in "ownership" of of blocknet , and give them special privileges which would be completely unfair and be completely against what they are actually building

So Is XC helping Blocknet or Blocknet helping XC?

It is a mutually beneficial arrangement.

If i open a store and then decide to make a website, adding it to the website, does it help expand the internet and the viewership and sales of my shop? yes , it is mutually beneficial.

If i have a coin that has a very small community but great tech, having the ability for 10 other currencies able to use that service with complete ease is something of benefit, it also benefits the holders being able to use the features of the other coins.

IMJim

legendary

Activity: 1260

Merit: 1000

Quote from: akula999 on October 20, 2014, 05:10:42 PM

Quote from: jibble on October 20, 2014, 05:09:33 PM

Quote from: MiningMinion on October 20, 2014, 05:03:27 PM

Nice. Now I have to juggle between how much blockNET and XC Inc. to get.

Yeah i had same thoughts but , buying blocknet ITO now with xc, 10% discount, XC a a low point so easy reentry to buy up some more, and with the Xinc ITO you get "tokens" for proof of holding, you don't need to spend the coins, just show you have them

Quote from: akula999 on October 20, 2014, 05:05:53 PM

In my opinion, long time XC holders should get some free Blocknet during the ITO.

that would require XC to be in "ownership" of of blocknet , and give them special privileges which would be completely unfair and be completely against what they are actually building

So Is XC helping Blocknet or Blocknet helping XC?

I think the key word here is "collaboration" in that all the involved currencies are helping each other!

akula999

hero member

Activity: 509

Merit: 500

Quote from: jibble on October 20, 2014, 05:09:33 PM

Quote from: MiningMinion on October 20, 2014, 05:03:27 PM

Nice. Now I have to juggle between how much blockNET and XC Inc. to get.

Yeah i had same thoughts but , buying blocknet ITO now with xc, 10% discount, XC a a low point so easy reentry to buy up some more, and with the Xinc ITO you get "tokens" for proof of holding, you don't need to spend the coins, just show you have them

Quote from: akula999 on October 20, 2014, 05:05:53 PM

In my opinion, long time XC holders should get some free Blocknet during the ITO.

that would require XC to be in "ownership" of of blocknet , and give them special privileges which would be completely unfair and be completely against what they are actually building

So Is XC helping Blocknet or Blocknet helping XC?

ib88

newbie

Activity: 56

Merit: 0

Quote from: akula999 on October 20, 2014, 05:05:53 PM

In my opinion, long time XC holders should get some free Blocknet during the ITO.

I'm a long time XC holder and I disagree. The Blocknet shouldn't favour any particular coin or it completely contradicts its purpose - i.e. being a truly democratic, non-centered project. That's the big advantage it has over supernet.

jibble

hero member

Activity: 924

Merit: 1000

Quote from: MiningMinion on October 20, 2014, 05:03:27 PM

Nice. Now I have to juggle between how much blockNET and XC Inc. to get.

Yeah i had same thoughts but , buying blocknet ITO now with xc, 10% discount, XC a a low point so easy reentry to buy up some more, and with the Xinc ITO you get "tokens" for proof of holding, you don't need to spend the coins, just show you have them

Quote from: akula999 on October 20, 2014, 05:05:53 PM

In my opinion, long time XC holders should get some free Blocknet during the ITO.

that would require XC to be in "ownership" of of blocknet , and give them special privileges which would be completely unfair and be completely against what they are actually building

policymaker

full member

Activity: 210

Merit: 100

Crypto Currency Supporter

Quote from: MiningMinion on October 20, 2014, 05:03:27 PM

Nice. Now I have to juggle between how much blockNET and XC Inc. to get.

this. I mean is there ANY way to know RIGHT NOW what we should buy Sad

OFC its helpful to remind you that you get 1 XC ITO share for every 10 XC you declare you own at the XC ITO time, anyway.

tat123

sr. member

Activity: 261

Merit: 250

My concerns have been answered. Thanks guys.

akula999

hero member

Activity: 509

Merit: 500

In my opinion, long time XC holders should get some free Blocknet during the ITO.

MiningMinion

full member

Activity: 225

Merit: 100

Nice. Now I have to juggle between how much blockNET and XC Inc. to get.

Come-In-Behind

full member

Activity: 182

Merit: 100

Quote from: Driv3n on October 20, 2014, 05:00:40 PM

Quote from: synechist on October 20, 2014, 04:58:51 PM

Quote from: tat123 on October 20, 2014, 04:55:44 PM

Quote from: ssmc2 on October 20, 2014, 04:44:51 PM

Hmmm so I'm torn... if I only have 1k XC do I sell some to buy shares OR do I keep the 1k since with that I can run an X-mixer. What to do.

This is actually a big concern for me. Where is the 2500 BTC going to come from? Will XC holders start dumping to buy shares? I understand that the coins involved all have a community, but XC is by far the biggest. So I am a little worried that XC may take a hit. Any opinions to quell my fears is appreciated.

If XC is spent, its price won't decrease at all.

People won't sell XC for BTC. They'll sell XC for Blocknet tokens.

Paying in XC offers a 10% discount so no one should sell XC for BTC to invest, they would do the opposite to acquire more shares.

Oh I didn't know that you get a 10% discount from using XC to buy shares...Was going to use XC anyway to get the shares.

ib88

newbie

Activity: 56

Merit: 0

What privileges do participating coins have for being a member of the Foundations board? is it just voting rights or do they get some of the profits?

Driv3n

sr. member

Activity: 364

Merit: 250

Quote from: synechist on October 20, 2014, 04:58:51 PM

Quote from: tat123 on October 20, 2014, 04:55:44 PM

Quote from: ssmc2 on October 20, 2014, 04:44:51 PM

Hmmm so I'm torn... if I only have 1k XC do I sell some to buy shares OR do I keep the 1k since with that I can run an X-mixer. What to do.

This is actually a big concern for me. Where is the 2500 BTC going to come from? Will XC holders start dumping to buy shares? I understand that the coins involved all have a community, but XC is by far the biggest. So I am a little worried that XC may take a hit. Any opinions to quell my fears is appreciated.

If XC is spent, its price won't decrease at all.

People won't sell XC for BTC. They'll sell XC for Blocknet tokens.

Paying in XC offers a 10% discount so no one should sell XC for BTC to invest, they would do the opposite to acquire more shares.

synechist

legendary

Activity: 1190

Merit: 1000

To commodify ethicality is to ethicise the market

Quote from: tat123 on October 20, 2014, 04:55:44 PM

Quote from: ssmc2 on October 20, 2014, 04:44:51 PM

Hmmm so I'm torn... if I only have 1k XC do I sell some to buy shares OR do I keep the 1k since with that I can run an X-mixer. What to do.

This is actually a big concern for me. Where is the 2500 BTC going to come from? Will XC holders start dumping to buy shares? I understand that the coins involved all have a community, but XC is by far the biggest. So I am a little worried that XC may take a hit. Any opinions to quell my fears is appreciated.

If XC is spent, its price won't decrease at all.

People won't sell XC for BTC. They'll sell XC for Blocknet tokens.

akula999

hero member

Activity: 509

Merit: 500

Quote from: tat123 on October 20, 2014, 04:55:44 PM

Quote from: ssmc2 on October 20, 2014, 04:44:51 PM

Hmmm so I'm torn... if I only have 1k XC do I sell some to buy shares OR do I keep the 1k since with that I can run an X-mixer. What to do.

This is actually a big concern for me. Where is the 2500 BTC going to come from? Will XC holders start dumping to buy shares? I understand that the coins involved all have a community, but XC is by far the biggest. So I am a little worried that XC may take a hit. Any opinions to quell my fears is appreciated.

Not all 2500 BTC will be needed. They will offer ITO until incoming funds run out (to my understanding). So if 100 BTC comes in, then that's it.

tat123

sr. member

Activity: 261

Merit: 250

Quote from: ssmc2 on October 20, 2014, 04:44:51 PM

Hmmm so I'm torn... if I only have 1k XC do I sell some to buy shares OR do I keep the 1k since with that I can run an X-mixer. What to do.

This is actually a big concern for me. Where is the 2500 BTC going to come from? Will XC holders start dumping to buy shares? I understand that the coins involved all have a community, but XC is by far the biggest. So I am a little worried that XC may take a hit. Any opinions to quell my fears is appreciated.

ssmc2

legendary

Activity: 2002

Merit: 1040

Quote from: infinitechaos on October 20, 2014, 04:50:35 PM

Quote from: ssmc2 on October 20, 2014, 04:44:51 PM

Hmmm so I'm torn... if I only have 1k XC do I sell some to buy shares OR do I keep the 1k since with that I can run an X-mixer. What to do.

Remember you can also use XC for the XC Inc. ITO in Q1 2015.

I'll probably save my XC and get Blocknet shares with other coins.

That's right! I forgot about that haha. Not making this any easier Tongue

Nuttynut1987

newbie

Activity: 29

Merit: 0

Quote from: infinitechaos on October 20, 2014, 04:50:35 PM

Quote from: ssmc2 on October 20, 2014, 04:44:51 PM

Hmmm so I'm torn... if I only have 1k XC do I sell some to buy shares OR do I keep the 1k since with that I can run an X-mixer. What to do.

Remember you can also use XC for the XC Inc. ITO in Q1 2015.

I'll probably save my XC and get Blocknet shares with other coins.

now it gets confusing - what do ya mean exactly?

synechist

legendary

Activity: 1190

Merit: 1000

To commodify ethicality is to ethicise the market

Quote from: The-C-Word on October 20, 2014, 04:49:12 PM

Will dividends will be paid in Btc, Fiat, or in the coin the shares were purchased with?

You should be able to receive them in any fee through the decentralised exchange.

Not fiat though.

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