Topic: [XC][XCurrency] Decentralised Trustless Privacy Platform / Encrypted XChat / Pos - page 61. (Read 1484218 times)

That logic is completely broken

Bitcoindark has lost even more value than XC has over the last 90 days. They also are building supernet. (maybe not as much now after this anal hemorrhage of a dump again)

Darkcoin was at its highest value and was worth about 10 times more than all anon coins put together, when they were still closed source.........they were worth more closed source . so saying people are not liking closed source projects , when almost every single anon coin, open and closed source has seen a decrease in value of almost 50% over the last few months. some with huge projects in hand . The market for almost every single coin looks the same, like 90% of coins have a very distinctive downtrend with a loss of value of about 50% or more in the last 3 months. Trying to come up with specific reasons for single coins going down when all are showing similar signs is completely useless .

Hum .. I agree - people see block and XC as the same investment so they are trading in some of their XC for block - now the XC blocks are all used up. Roll on Nov 5th.

Been holding XC for a long long time and will continue to do so. Honestly I would rather lose 100% of my investment rather than cut my losses now. What might inspire some investor confidence is if you guys could put some sort of timeline together for upcoming milestones. This is the case for Blocknet where you've laid out a plan for Q4 2014, Q1 and Q2 2015. Why can't we do the same for XC?

Synechist, you often claim that nothing has been delayed because no commitments to dates have been made. Three months down the line, for example, people could be saying 'where's rev 3??' and you'll still be saying there are no delays as nothing was promised. This could go on indefinitely. This sort of rhetoric doesn't inspire much confidence at all.

When will rev 3 be released? Q4 2014? Q1 2015? Q2 2015??

A code review (with an NDA if necessary) by an expert would really hit the spot right now.

Well maybe this is what the early BTC-ers felt like.  That's one way to look at it.  

I'm so deep in the hole, that I won't be selling, and will continue to ride this out.  On most other coins I would have already bailed, but XC is something special and I do think this will one day turn around.

thank you very much good input and advice

Thanks for posting this.  Need some positivity today.

the ITO began some days ago but XC is bleeding since weeks. I don't think that the ITO is repsonsible for the drop, the price is bleeding because of a lack of investors and I think the closed source code is one reason why a lot of people wouldn't buy into this coin at least when i compare how other "anonymous" centered coins like BTCD,DRK and others perfrom all of them have a much higher marketcap than XC

In two weeks XC lost more than 60% of it's value

BUMP 

Wow. Well, I'm glad I got all out at 90k. Still made a small profit. Good luck to the rest of you guys.

What happened to our marketing expert from Addidas?

Is he still on board?

its superior tech has managed to keep it stable despite some wierd ass marketing decisions in the past. the blocknet beeing beneficial for XC is your vision, which i share, but you can't make this vision of colaboratism the core of your XC marketing efforts . thats insane. people have to see this work and learn its benefits, you can'T put it down their throats.  the current price is YOUR personal answer from investors to this appraoch. good thing is they will be back once a conventional XC oriented PR starts that is of respectfull competitive nature to other anon solutions. thats been the times when XC did well.

i told you per pm when it was at 100k blocknet won'T sell XC and it will keep falling till you realise that. just market the fucking mixer god dammit!

I just wanted to say it out loud: I am not selling a single XC from my staking stash till rev3, full private tech, xchat and XC ITO, im just accumulating more, the only thing that worries me is LOSING potential accumulated coins because of bad trading skills and FUD... I want to be a freaking XC whale till rev 3!


PS: Arlyn, listen to me carefully: YOU HAVE TO NAZI MODERATE THREAD. Let me explain:

If you leave the topic be in good faith, and let all those FUDers just post just for the sake of transparency and all, what are you going to end up with? A poor thread full of sh*t, people reading the FUD and misnterpreting the truth. Like you already know, "repeat a lie a thousand times and it will eventually become the truth". So, thread full of FUD, full of unnecessary extra pages, denying people the real info about the XC coin/tech/platform, and thus people just dumping to overall bad community experience or plain lies.


Now, if you do moderate the thread, what you got? FUDers will have to create more shit topics(who get lost inside the inevitable crypto btctalk jungle), and people might dump because they fear moderated threads, BUT you got a nice CLEAN topic, where investors/traders can ask legit questions and get answers, not having to dig through the piles of sh*t. Plus, long term holders/investors like me, can accumulate XC at this lower price, and LET THE TECH SPEAK FOR ITSELF AFTER REV 3.

If the team will not listen to my reasoning, I will seriously spam the topic with this very exact reply till you have to moderate me!!!  

me too.  I hope we all didn't prove P.T Barnum correct yet again.

That's why URSAY is so right that we need to see the continued development of xc & the android wallet right now.

I see no reason for XC to take on a marketcap of other Blocknet coins.

Its superior tech has supported its price, and joining the Blocknet does not diminish its value. On the contrary, it enhances its value and will only make XC's leadership more visible as users get to try out XC's services in comparison to others.

So what could be causing the drop?

My guess is that this is a temporary phenomenon caused by the inability to sell XC for BLOCK. After the Blocknet ITO is done (and possibly gets pumped) there's reason to believe that coins will flow back into participating currencies and XC's price will rise somewhat.

i was bought at 100 (2btc) , later bought at 80 (2btc) , so i have the same feeling now.... now im planning to buy at 33k (2btc) and if it goes to scam all of us (sorry for this) i will be very sad, because i really believed in this coin...

I have that same feeling in my stomach. 

This is sickening to watch.  I was buying like crazy at 100k thinking that was the bottom.  Boy was I wrong.

are there any plans how to handle this hard price drop?

Maybe the XC team should think about open sourcing the code as the marketcap of XC seems to adopt the price of the other blocknet coins.
I think investors loose trust in this closed coin. At least an open discussion should be started what the majority of the investors think.
Opensourcing darkcoin didn't lead to a price drop for DRK and to no copy&paste clones at least none that I am aware of.

I stated this before that i don't think it's a good idea to join forces with coins that had a that small marketcap but as it seems soon we
will have an equal marketcap which is the worst thing that could have happend. We lost more than 20% just for today ...

Statements like this makes me cold. Seen it many times before. I have been supporting XC for months, and the price just keep on dropping. This is not a good sign and I don't like it. Same things happened with silkcoin, and the devs scammed all the people. Many was saying just like that "it is no problem, they are working hard" etc. I don't really understand why all the work goes down into blocknet and why XC has been forgotten. Btw, I'm still holding my few k's of XC. It is not even worth selling anymore.