People need to stop being dumb and selling.
I am wondering why they are doing that.
Topic: [XC][XCurrency] Decentralised Trustless Privacy Platform / Encrypted XChat / Pos - page 438. (Read 1484246 times)
September 03, 2014, 02:00:20 PM
September 03, 2014, 01:57:31 PM
rdnkjdi... should I invest in PoW? So the miners, (who are the early adopters) can get rich? Which will lead to No community, no consensus = coin stagnates & dies.
-NXT vs Litecoin? Talk about cherry picking to make your argument about PoS vs PoW.
-This price stability is the result of people at the top of the food chain not selling? You correct! Why? Because they know the price is too low. Thank you Captain Obvious.
You have been accused of FUD in other threads, because where there is smoke, there is fire. Yesterday we have news that REV2 is going to be released and you show up. How convenient. This thread had been FUD-free for the longest time, and now we have a gentleman who is suffering from Dunning–Kruger effect, telling us what a weak community we have here, and our tech will have no impact. What are you basing your metrics on? A feeling? The talking rock by the river?
No KimmyF. I will not listen to him, because I know who he is, and what he is doing. He is talking about absolutes. He is making claims about consensus, that can be applied to almost all the coins, but is cherry picking. How is that a fair discussion? Nobody here knows the future, so why would I listen to an argument that is singling out XC? Its true... he claims not to support any other coin, but its obvious Monero is his baby. Enough with this guy already.
-NXT vs Litecoin? Talk about cherry picking to make your argument about PoS vs PoW.
-This price stability is the result of people at the top of the food chain not selling? You correct! Why? Because they know the price is too low. Thank you Captain Obvious.
You have been accused of FUD in other threads, because where there is smoke, there is fire. Yesterday we have news that REV2 is going to be released and you show up. How convenient. This thread had been FUD-free for the longest time, and now we have a gentleman who is suffering from Dunning–Kruger effect, telling us what a weak community we have here, and our tech will have no impact. What are you basing your metrics on? A feeling? The talking rock by the river?
No KimmyF. I will not listen to him, because I know who he is, and what he is doing. He is talking about absolutes. He is making claims about consensus, that can be applied to almost all the coins, but is cherry picking. How is that a fair discussion? Nobody here knows the future, so why would I listen to an argument that is singling out XC? Its true... he claims not to support any other coin, but its obvious Monero is his baby. Enough with this guy already.
+1
This is so awesome, thanks for backing me up guys. I counted three of you, only 47 more to go until the whole community stands against rijkrstinski
September 03, 2014, 01:49:08 PM
Quote
However you weren't able to define terms clearly enough to persuade me of your view.
I really wasn't attempting to convince you - as part of the XC team that would go against your self interest. Let me put it another way.
Anon currency's value is being able to do transactions in said currency. Only way to do a transaction is if everybody agrees on a currency (the only reason a currency works is because a doctor needs food from a farmer and a farmer needs services from a doctor. And a currency allows them to exchange services but not at the same time because they "agree" on said currency)
XC has a market cap of less than 10% of the leading market cap anon coin. (I own none of them). This is what happens when you don't have consensus around a coin. If I want to use it for an anonymous transaction it's worthless to me if we are talking much money. If there are more than 5 people in the world who want to do a $5,000 transaction in one day. Then XC is out of the question.
And yes - this is a direct result of consensus vs marketing.
Love how you come in and FUD the project while completely missing how the business case of XC is. Please continue so everyone can see how stupid you are
His post is clearly FUD, so much that it could have been used as an example of FUD if you tried to explain people what FUD is.
Of cause we have to be nice to new investors, but he clearly isn't one and he clearly has motives of talking XC down in order of making other coins look good. XC is still so young that we have to be a bit protectionist about it.
September 03, 2014, 01:46:45 PM
rdnkjdi... should I invest in PoW? So the miners, (who are the early adopters) can get rich? Which will lead to No community, no consensus = coin stagnates & dies.
-NXT vs Litecoin? Talk about cherry picking to make your argument about PoS vs PoW.
-This price stability is the result of people at the top of the food chain not selling? You are correct! Why? Because they know the price is too low. Thank you Captain Obvious.
You have been accused of FUD in other threads, because where there is smoke, there is fire. Yesterday we have news that REV2 is going to be released and you show up. How convenient. This thread had been FUD-free for the longest time, and now we have a gentleman who is suffering from Dunning–Kruger effect, telling us what a weak community we have here, and our tech will have no impact. What are you basing your metrics on? A feeling? The talking rock by the river?
No KimmyF. I will not listen to him, because I know who he is, and what he is doing. He is talking about absolutes. He is making claims about consensus, that can be applied to almost all the coins, but is cherry picking. How is that a fair discussion? Nobody here knows the future, so why would I listen to an argument that is singling out XC? Its true... he claims not to support any other coin, but its obvious Monero is his baby. Enough with this guy already.
-NXT vs Litecoin? Talk about cherry picking to make your argument about PoS vs PoW.
-This price stability is the result of people at the top of the food chain not selling? You are correct! Why? Because they know the price is too low. Thank you Captain Obvious.
You have been accused of FUD in other threads, because where there is smoke, there is fire. Yesterday we have news that REV2 is going to be released and you show up. How convenient. This thread had been FUD-free for the longest time, and now we have a gentleman who is suffering from Dunning–Kruger effect, telling us what a weak community we have here, and our tech will have no impact. What are you basing your metrics on? A feeling? The talking rock by the river?
No KimmyF. I will not listen to him, because I know who he is, and what he is doing. He is talking about absolutes. He is making claims about consensus, that can be applied to almost all the coins, but is cherry picking. How is that a fair discussion? Nobody here knows the future, so why would I listen to an argument that is singling out XC? Its true... he claims not to support any other coin, but its obvious Monero is his baby. Enough with this guy already.
September 03, 2014, 01:38:10 PM
At what phase is XC at the moment? Alpha or Beta? Because it isn't publicly released yet right?
Beta. Rev 3 will be the public launch.
September 03, 2014, 01:37:32 PM
Quote
However you weren't able to define terms clearly enough to persuade me of your view.
I really wasn't attempting to convince you - as part of the XC team that would go against your self interest. Let me put it another way.
Anon currency's value is being able to do transactions in said currency. Only way to do a transaction is if everybody agrees on a currency (the only reason a currency works is because a doctor needs food from a farmer and a farmer needs services from a doctor. And a currency allows them to exchange services but not at the same time because they "agree" on said currency)
XC has a market cap of less than 10% of the leading market cap anon coin. (I own none of them). This is what happens when you don't have consensus around a coin. If I want to use it for an anonymous transaction it's worthless to me if we are talking much money. If there are more than 5 people in the world who want to do a $5,000 transaction in one day. Then XC is out of the question.
And yes - this is a direct result of consensus vs marketing.
Love how you come in and FUD the project while completely missing how the business case of XC is. Please continue so everyone can see how stupid you are
Coming in here telling people to sell because they will be burned by early investors is not FUD, are you crazy...whatever go ahead and talk rdurytiinski, our community wants to hear more
It is still his opinion...if he does not want to Invest in XC he will cry when in six months it will be the 2 coin in market cap
September 03, 2014, 01:34:15 PM
Quote
However you weren't able to define terms clearly enough to persuade me of your view.
I really wasn't attempting to convince you - as part of the XC team that would go against your self interest. Let me put it another way.
Anon currency's value is being able to do transactions in said currency. Only way to do a transaction is if everybody agrees on a currency (the only reason a currency works is because a doctor needs food from a farmer and a farmer needs services from a doctor. And a currency allows them to exchange services but not at the same time because they "agree" on said currency)
XC has a market cap of less than 10% of the leading market cap anon coin. (I own none of them). This is what happens when you don't have consensus around a coin. If I want to use it for an anonymous transaction it's worthless to me if we are talking much money. If there are more than 5 people in the world who want to do a $5,000 transaction in one day. Then XC is out of the question.
And yes - this is a direct result of consensus vs marketing.
Love how you come in and FUD the project while completely missing how the business case of XC is. Please continue so everyone can see how stupid you are
Coming in here telling people to sell because they will be burned by early investors is not FUD, are you crazy...whatever go ahead and talk rdurytiinski, our community wants to hear more
September 03, 2014, 01:27:12 PM
"Monero fanboy 1: I say BTC-e adding XMR will have a greater impact than it would being added to cryptsy.
Rkjfhdtinki: I 1000% agree with this. It seems like a perfect fit for BTC-E ..."
Funny he is in monero thread supporting them, yet claims he doesn't own an anon coin. Oh, he also seems to be in other threads talking about Jasin Lee. Seems rkfjushtstinki no like xc very much.
Rkjfhdtinki: I 1000% agree with this. It seems like a perfect fit for BTC-E ..."
Funny he is in monero thread supporting them, yet claims he doesn't own an anon coin. Oh, he also seems to be in other threads talking about Jasin Lee. Seems rkfjushtstinki no like xc very much.
September 03, 2014, 01:26:22 PM
Quote
However you weren't able to define terms clearly enough to persuade me of your view.
I really wasn't attempting to convince you - as part of the XC team that would go against your self interest. Let me put it another way.
Anon currency's value is being able to do transactions in said currency. Only way to do a transaction is if everybody agrees on a currency (the only reason a currency works is because a doctor needs food from a farmer and a farmer needs services from a doctor. And a currency allows them to exchange services but not at the same time because they "agree" on said currency)
XC has a market cap of less than 10% of the leading market cap anon coin. (I own none of them). This is what happens when you don't have consensus around a coin. If I want to use it for an anonymous transaction it's worthless to me if we are talking much money. If there are more than 5 people in the world who want to do a $5,000 transaction in one day. Then XC is out of the question.
And yes - this is a direct result of consensus vs marketing.
Love how you come in and FUD the project while completely missing how the business case of XC is. Please continue so everyone can see how stupid you are
September 03, 2014, 01:12:20 PM
At what phase is XC at the moment? Alpha or Beta? Because it isn't publicly released yet right?
Beta. Rev 3 will be the public launch.
September 03, 2014, 01:10:39 PM
At what phase is XC at the moment? Alpha or Beta? Because it isn't publicly released yet right?
September 03, 2014, 01:03:36 PM
Quote
However you weren't able to define terms clearly enough to persuade me of your view.
I really wasn't attempting to convince you - as part of the XC team that would go against your self interest. Let me put it another way.
Anon currency's value is being able to do transactions in said currency. Only way to do a transaction is if everybody agrees on a currency (the only reason a currency works is because a doctor needs food from a farmer and a farmer needs services from a doctor. And a currency allows them to exchange services but not at the same time because they "agree" on said currency)
XC has a market cap of less than 10% of the leading market cap anon coin. (I own none of them). This is what happens when you don't have consensus around a coin. If I want to use it for an anonymous transaction it's worthless to me if we are talking much money. If there are more than 5 people in the world who want to do a $5,000 transaction in one day. Then XC is out of the question.
And yes - this is a direct result of consensus vs marketing.
Love how you come in and FUD the project while completely missing how the business case of XC is. Please continue so everyone can see how stupid you are
I am not "FUD" (Fear, Uncertainty & Doubt) anything. I'm simply explaining why XC is useless when it comes to currency. There is not enough volume to trade it on exchanges for a widely/wider accepted currency. There is not enough of a community to turn it itself into a widely accepted currency (PoS vs PoW). If my worldview is right which I'm fairly certain it is. Then XC is only going to lose most of you money at the expense of the early adopters.
FUD is completely different than explaining why a currency idea / project will not work.
Using XCurrency as an anon currency is only part of the entire service provided by the XCPlatform. That you are able to buy XCurrency with bitcoins and send them anon to someone else who sells them for bitcoin will probably not hold up in court. But that again is completely missing the main point of XCurrency. XCurrency is the currency in which the services of the XCplatform applications are paid for. E.g. Web 3.0 applications.
I said you should continue and I am enjoying this
please moreNo. I don't think I'm missing the point at all. You guys keep waiting for the price pump with new releases and I'm just here to tell all of the late buyers / small guys to get out now. This price stability is the result of people at the top of the food chain not selling.
Have you noticed that with each new release there is at the most a .15 pump and then it goes back down to a lower low? I mean - what "killer feature" are you waiting on? Plenty of "Killer features" has happened but it is not being more broadly adopted.
If the technology hasn't changed the price yet - it's not going to.
If I'm not mistaken July saw a 200% pump. Get lost and spread FUD over at monero or dark. What you say about xc applies to every crypto currency, even bitcoin hasn't made it yet...one of their lead devs just came forward and said we're in BETA still!!! This is a game for people who can see future possibilities; if I want to go out and buy a snickers bar I'll do it with cash.
September 03, 2014, 01:01:32 PM
Cheers.
September 03, 2014, 12:59:25 PM
Quote
However you weren't able to define terms clearly enough to persuade me of your view.
I really wasn't attempting to convince you - as part of the XC team that would go against your self interest. Let me put it another way.
Anon currency's value is being able to do transactions in said currency. Only way to do a transaction is if everybody agrees on a currency (the only reason a currency works is because a doctor needs food from a farmer and a farmer needs services from a doctor. And a currency allows them to exchange services but not at the same time because they "agree" on said currency)
XC has a market cap of less than 10% of the leading market cap anon coin. (I own none of them). This is what happens when you don't have consensus around a coin. If I want to use it for an anonymous transaction it's worthless to me if we are talking much money. If there are more than 5 people in the world who want to do a $5,000 transaction in one day. Then XC is out of the question.
And yes - this is a direct result of consensus vs marketing.
Love how you come in and FUD the project while completely missing how the business case of XC is. Please continue so everyone can see how stupid you are
I am not "FUD" (Fear, Uncertainty & Doubt) anything. I'm simply explaining why XC is useless when it comes to currency. There is not enough volume to trade it on exchanges for a widely/wider accepted currency. There is not enough of a community to turn it itself into a widely accepted currency (PoS vs PoW). If my worldview is right which I'm fairly certain it is. Then XC is only going to lose most of you money at the expense of the early adopters.
FUD is completely different than explaining why a currency idea / project will not work.
Using XCurrency as an anon currency is only part of the entire service provided by the XCPlatform. That you are able to buy XCurrency with bitcoins and send them anon to someone else who sells them for bitcoin will probably not hold up in court. But that again is completely missing the main point of XCurrency. XCurrency is the currency in which the services of the XCplatform applications are paid for. E.g. Web 3.0 applications.
I said you should continue and I am enjoying this
please moreNo. I don't think I'm missing the point at all. You guys keep waiting for the price pump with new releases and I'm just here to tell all of the late buyers / small guys to get out now. This price stability is the result of people at the top of the food chain not selling.
Have you noticed that with each new release there is at the most a .15 pump and then it goes back down to a lower low? I mean - what "killer feature" are you waiting on? Plenty of "Killer features" has happened but it is not being more broadly adopted.
If the technology hasn't changed the price yet - it's not going to.
The "killer feature" as you put it is web 3.0 and XChat. Web 3.0 has been announced but not yet developed. XChat won't have any real value until its complete, on mobile platform and with a more user-friendly design.
The entire alt-coin marked has been burned by scam-coins and currently you won't get positive movement unless features are tested and delivered, which is healthy.
XC has been pricestable above bitcoin, and with the majority of coins staking that shows confidence in the project. The XC marked has clearly been manipulated no-one disputes that. But if it is an early adopter that is selling out on the news the effect will be exactly wider adoption as for every sell order there is a buy order.
You have to approach XC as a company rather than a currency only. Metaphorically speaking XC is a factory and XCplatform running web 3.0 is the equipment, XCnodes are the power to that equipment and that power can only be paid for in XCurrency.
September 03, 2014, 12:57:56 PM
September 03, 2014, 12:48:32 PM
Where's the link for REV 1's mixer source code?
Thanks.
Thanks.
September 03, 2014, 12:43:42 PM
Quote
However you weren't able to define terms clearly enough to persuade me of your view.
I really wasn't attempting to convince you - as part of the XC team that would go against your self interest. Let me put it another way.
Anon currency's value is being able to do transactions in said currency. Only way to do a transaction is if everybody agrees on a currency (the only reason a currency works is because a doctor needs food from a farmer and a farmer needs services from a doctor. And a currency allows them to exchange services but not at the same time because they "agree" on said currency)
XC has a market cap of less than 10% of the leading market cap anon coin. (I own none of them). This is what happens when you don't have consensus around a coin. If I want to use it for an anonymous transaction it's worthless to me if we are talking much money. If there are more than 5 people in the world who want to do a $5,000 transaction in one day. Then XC is out of the question.
And yes - this is a direct result of consensus vs marketing.
Love how you come in and FUD the project while completely missing how the business case of XC is. Please continue so everyone can see how stupid you are
I am not "FUD" (Fear, Uncertainty & Doubt) anything. I'm simply explaining why XC is useless when it comes to currency. There is not enough volume to trade it on exchanges for a widely/wider accepted currency. There is not enough of a community to turn it itself into a widely accepted currency (PoS vs PoW). If my worldview is right which I'm fairly certain it is. Then XC is only going to lose most of you money at the expense of the early adopters.
FUD is completely different than explaining why a currency idea / project will not work.
Using XCurrency as an anon currency is only part of the entire service provided by the XCPlatform. That you are able to buy XCurrency with bitcoins and send them anon to someone else who sells them for bitcoin will probably not hold up in court. But that again is completely missing the main point of XCurrency. XCurrency is the currency in which the services of the XCplatform applications are paid for. E.g. Web 3.0 applications.
I said you should continue and I am enjoying this
please moreNo. I don't think I'm missing the point at all. You guys keep waiting for the price pump with new releases and I'm just here to tell all of the late buyers / small guys to get out now. This price stability is the result of people at the top of the food chain not selling.
Have you noticed that with each new release there is at the most a .15 pump and then it goes back down to a lower low? I mean - what "killer feature" are you waiting on? Plenty of "Killer features" has happened but it is not being more broadly adopted.
If the technology hasn't changed the price yet - it's not going to.
September 03, 2014, 12:40:45 PM
Quote
However you weren't able to define terms clearly enough to persuade me of your view.
I really wasn't attempting to convince you - as part of the XC team that would go against your self interest. Let me put it another way.
Anon currency's value is being able to do transactions in said currency. Only way to do a transaction is if everybody agrees on a currency (the only reason a currency works is because a doctor needs food from a farmer and a farmer needs services from a doctor. And a currency allows them to exchange services but not at the same time because they "agree" on said currency)
XC has a market cap of less than 10% of the leading market cap anon coin. (I own none of them). This is what happens when you don't have consensus around a coin. If I want to use it for an anonymous transaction it's worthless to me if we are talking much money. If there are more than 5 people in the world who want to do a $5,000 transaction in one day. Then XC is out of the question.
And yes - this is a direct result of consensus vs marketing.
Love how you come in and FUD the project while completely missing how the business case of XC is. Please continue so everyone can see how stupid you are
I am not "FUD" (Fear, Uncertainty & Doubt) anything. I'm simply explaining why XC is useless when it comes to currency. There is not enough volume to trade it on exchanges for a widely/wider accepted currency. There is not enough of a community to turn it itself into a widely accepted currency (PoS vs PoW). If my worldview is right which I'm fairly certain it is. Then XC is only going to lose most of you money at the expense of the early adopters.
FUD is completely different than explaining why a currency idea / project will not work.
Using XCurrency as an anon currency is only part of the entire service provided by the XCPlatform. That you are able to buy XCurrency with bitcoins and send them anon to someone else who sells them for bitcoin will probably not hold up in court. But that again is completely missing the main point of XCurrency. XCurrency is the currency in which the services of the XCplatform applications are paid for. E.g. Web 3.0 applications.
I said you should continue and I am enjoying this
please more September 03, 2014, 12:40:08 PM
Hey everyone! Hope you're all doing well. Hadn't been able to keep up with the thread the past few weeks, been bogged down with work. I have been able to pick up some cheap XC over the past week on Cryptsy though, someone dumped right into my buys twice
Just wanted to stop in and say hi. Synechist, congrats on your anniversary, have a great evening with the wife!
September 03, 2014, 12:31:23 PM
swat happens when you pick a PoS to stabilize price and make early adopters rich. No community, no consensus = coin stagnates & dies (See NXT vs Litecoin which is a stupid clone)
Normally I would delete the comment but it's so daft I think it can stay. No community?! Do you mean something else maybe? This is page 1208.
No - not enough for a currency. 50 posters account for 90% of the posts
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