3. I'm also wondering how much does Blocknet's success depend on the success of XCurrency the coin? I ask because I'm worried that if XCurrency isn't doing so well in the medium term future, for whatever reason, could Dan and co 'jump ship' so to speak and focus solely on Blocknet services? I mean that could be very profitable in its own right.
I think Arlyn answered #1 and #2, but I need everybody to understand something, XCurrency is my baby, always has and always will be - that will never change.
Dan
Good questions! Thanks.
- No it'll be the opposite: the huge development muscle of all the participating coins will become available (and funded) for Blocknet development.
- XC will not be dumped onto the market. It'll be used to pay for development. Also, XC's price will rise because shares are 10% cheaper when you buy them with XC.
- The Blocknet is like the internet: any web company can rise or fall and it'll still be there.
- XC is the powerhouse behind the majority of the Blocknet's tech.
- XC Inc will launch and its purpose will be solely to develop XC-based tech. So XC will only get more powerful.
Just a few musings of mine:
1. Won't XC's resources be hugely stretched with Blocknets (cool name btw!) development on top of an already demanding XC roadmap? I mean we're still a long way off Rev 3 and can only see it being delayed further with this new project, Dan is only human after all!
1. Won't XC's resources be hugely stretched with Blocknets (cool name btw!) development on top of an already demanding XC roadmap? I mean we're still a long way off Rev 3 and can only see it being delayed further with this new project, Dan is only human after all!
- No it'll be the opposite: the huge development muscle of all the participating coins will become available (and funded) for Blocknet development.
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2. I can see a lot of XC holders, myself included, hedging their bets by trading XC for shares of Blocknet. This will surely see the price of XC drop quite a bit as the XC supplied to Blocknet Inc. will be sold on the exchanges to help fund their development.
- XC will not be dumped onto the market. It'll be used to pay for development. Also, XC's price will rise because shares are 10% cheaper when you buy them with XC.
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3. I'm also wondering how much does Blocknet's success depend on the success of XCurrency the coin? I ask because I'm worried that if XCurrency isn't doing so well in the medium term future, for whatever reason, could Dan and co 'jump ship' so to speak and focus solely on Blocknet services? I mean that could be very profitable in its own right.
- The Blocknet is like the internet: any web company can rise or fall and it'll still be there.
- XC is the powerhouse behind the majority of the Blocknet's tech.
- XC Inc will launch and its purpose will be solely to develop XC-based tech. So XC will only get more powerful.
Thanks for the feedback. XC is the only coin I'm invested in and been following since early June. Really excited to be apart of this technological revolution. My biggest problem now is to find more funds to invest in Blocknet Inc. shares. I have a tidy sum of XC but don't want it to get any smaller!
Keep up the good work btw!
Thank you!
(My advice for getting capital for the Blocknet ITO: find the smallest, newest participant in the Blocknet and buy some coins now.)
