Topic: [XC][XCurrency] Decentralised Trustless Privacy Platform / Encrypted XChat / Pos - page 741. (Read 1484192 times)

Current price doesn't matter. Fullstop. I'm not going to go personal on this, but I very much doubt you understand this space in comparison to actual institutional investing.

As you are someone who works for an investment fund, you must realise this space is completely different from traditional markets. This whole idea of a pump and dump philosophy can easily be paraphrased to cover short term investment decisions, something which this space I'd argue is 90% full of. While in comparison real world markets are completely the opposite. This completely changes the market dynamics to a point where actual price isn't reflective at all of actual value. The current price is more reflective of a lack of short term opportunity, rather than a reflection of actual innovation and value.

The thing is, the innovation is what will set the long term price. The issue is that the innovation one isn't fully complete, and two hasn't been advertised. When Rev 3 comes out, and the system is fully functional, expect a huge amount of long term investors to get involved as the true value is realised. This will stabilise the price allot higher than it is now. Honestly, as an ex institutional investor myself, and working alongside institutional investors, we won't even consider setting a sell point until the price breaks 0.01, and until the long term investment arrives and the price is stabilised.

We believe with near 100% confidence this rise will be extremely sharp, it just needs a catalyst. See DRKs rise for a prime example. As at now, even just based on Rev 2, XC outperforms DRK as an anonymous technology, it also, in our eyes, where extensive due diligence has been conducted, has a considerably more capable team. The fact XC built a better system in six weeks compared to DRKs six months is testament to this. On top of this, you have major innovations planned such as staking wallets, VISA cards and a revolutionary collaboration with PoBC. While we have very little understanding of what this entails, if it is what we think it is, it will change the entire alt coin space in a more significant way than PoS did. And these are just the innovations we understand, Web 3.0 and Blockchain 2.0 sound just as groundbreaking.

Anyways, to all this dying crap. I can outright tell you this coin won't die. While all the short term investors might sell, long term investors like myself and the investors I am in contact with believe in this project far over any other as an investment decision. We know exacly where its going and exactly what sort of return we will get. To summarise, if we have to spend $3 million and outright buy the majority of the coins in circulation we will. We believe in this project 100%, and most importantly, we believe in the team 100%.

Heres a warning for all the short term investors, I'm heading back to London in two weeks and ill be allot more active then. Ill also be sitting down with some very important people once i settle to discuss alternative investment strategies for their personal funds. All im going to say is be very careful. Buy while the price is low. Don't miss the boat. We don't want to build a monopoly on the coins in circulation but unless other people want to bite, we will. These are big fish. And we are most likely not the only big fish examining this space and watching the situation very closely.

Ill end on this, how long do you think the competition can stay ahead of us when we innovate faster and better? There will be a day of reckoning, I gaurentee it. Media exposure or not, technology is black and white. Exposure will happen.

Ill see you all when we hit 0.01

To the team, keep up the great work guys. Ill be seeing you all in person some time soon.

Take care,

Michael

agree with up floor LOL
And if blockchain 2.0 and web 3.0 is real, is there any plan to release SDK for third party ISV?
You know we a Xplatform, must have API for applications based on it.

Reiterating and reposting information from past pages helps too. Investors hate digging for information. If its right there in front of them they will read it, but if they have to dig for it, they would rather move on. Like I said before, just continue with the updates and make suggestions to developers how to make XC stand out from the ever growing crowd. And as always, treat each other with respect and ignore fuders. Each of you posting on these forms represent XC. If an investor see's a bunch of people arguing with each other, all it will do is turn them away.

Yes, two new super star member.
But, don't forget it's not a traditional market, but revolutionary campaign.
You must move fast and lead the trend. And refine your proposal in the movement. If you want to work hard silently, how could you get feedback and tune your plan?
Just like you work in corp, you'll out if you keep silent in your team.

I think BlockChain 2.0 apps and Web 3.0 are the special features that will be implemented in the future. What exactly these are, I dont think anybody but the developers know, and they dont want to give it away until development is finished I guess. Either you trust them or you dont. Given their transparency and credentials..I trust them.

Lets not forget that a marketing campaign is in the works, along with the addition of 2 new team members introduced last week. And dont forget the ATM.

No special feature, No remarkable value.
So let's brain storm to add new features to XC.
Watching the price up and down makes nonsense.

You know, I tried my best to find some bit torrent file of Erika Momodani's movie yesterday, and finally failed.
I'm looking forward to buying it from XC file store.

Hey guys, I would like to add something. A lot of times its been said that current price doesn't matter. I can tell you that statement is completely faulse. Current price and an upward trending price matter a lot. Any "investor" wants to see a continued return on investment. If they don't, they walk away. If they walk away, they don't usually come back. It becomes too risky because history says its a bad bet. Also, even though day traders and whales have a tendency to dictate the market, in the end without bitcoin we might as well be trading vegtables. If we want XC to overtake bitcoin one day, investors are key. They want to see innovation and development. They won't mind donating a few XC to a marketing campaign or what have you if it in turn helps put money in their pocket. I work for an investment firm, so I know what I'm talking about. You can't pitch something to an investor without showing them evidence that their investment will payoff. So...... Get out there and spread the word about XC. Anyone that has privileged information that is allowed to share should. If you let these forums go stale without any updates to intise people to jump on board, then you can kiss your investment goodbye!

Another idea:
Enhance EM function and extend it to support small file transmission. With help of multipath Xnode network, it's possible to add this feature.
P2P encrypted file transmission is really important for privacy protection. And if XC platform could integrate a open source ftp client/server into XC application, it'll be a great plus.
With that, we could find a file server with the pub key of the owner and then login and download.
It's funny, we could send some coins to server and buy service. It's digital store!
taking advantage of Xnode network, a new world is coming.......

http://xc-official.com/assets/pdfs/14-07-08%20The%20XC%20Team.pdf

awesome work guys

A lot of interesting discussion in here today!

Synechist I think you had asked earlier how the DeFUD campaign was going... I've been working on it some and Sushi will be helping as well in the future, we're both working on it for free, we can put the donations toward something else Of course additional help is greatly appreciated and I'll post in the official forum soon.

hi my friend,

i think we already are leader in anonymity, which is not actually a big concern, only need some improvement.

what interests me now are some new trends in crypto world:

1.  bitshares released their client, which boasts of incredibly fast transaction based on DPOS. and certainly they are developing DACs, which will increase  the value in future.
    Does XC is in the same or similar direction?

2. etherum, actually it is not a big concern either. the more they raise funds, the more dilution in the future. 
    but as i asked you last time.  the above question applies here too.

thanks for your continuous working here   

It's important that

- we do not publish our very valuable ideas before they are implemented

- we do not promise without being able to deliver

- nonetheless, we get the word out about that we have now


So a whitepaper is on the cards and in my opinion is best kept for Rev 3.

In the meantime there is a steady stream of daily communication from me to social media, the press, threads on Bitcointalk, etc. On occasion there are paid press releases. On occasion there are events, whether software releases or conferences.

I think that we're doing just fine for now.

If you think that XC should be well known already, well, these things just take time to disseminate.

Lastly your ideas about stating use-cases are solid. They're part of how I write. Nice one.

I don't think the price adequately reflects the value added between last month and now. I just want to avoid having this turning into a regular occurrence upon future releases.  I understand the artificiality of spec bubbles but I wasn't anticipating this hard of a fall. I'm in no way disheartened, mind you, but I do feel like we can find ways to make the growth less....erratic?

So what is the point of synechist then if PR and marketing at this stage doesn't matter?  Of course it matters, which is why he plays a valuable role.  I just think he could play a much MORE valuable role.  And are you aware of the number of brands that start marketing prior to product launch?  Why do you think they do that? 

We can do a better job here.

I'm suggesting we write a whitepaper now rather than later, or at least have a good answer to the following:  Can you point interested users, service providers and investors to a concise explanation of why we have a better anon solution than any of the following coins they might choose from:

DRK
Vericoin
Cloak

And I'm not meaning high level statments such as "we have multipath" or "we have more nodes."  Why do those characteristics matter?  Under what scenarios is XC more secure?  Why would a payment processor, ecommerce marketplace, etc, choose XC over its competitors?  

Or: what are the shortcomings to our anonymity solution?  What are the shortcomings of competing solutions?  These would all be valuable.

I hold DRK, XMR, and XC, so I don't play favorites. That aside, large communities don't necessarily mean the end of any sort of traction to the upside--look at how large Doge's community is and yet it's not enough to overcome the inflation, let alone make up for the fact that it really offers nothing more than a "fun" meme coin.

No sense in trying to market yourself if what you are marketing isn't complete. Just the way it is.

What are you suggesting we do?

Would you read my prior posts before replying?

It's uncommonly known that the XC team has a plan. :-)

The thing is that support now matters.  Look at DRK.  Supposedly, we are all here because we think we have a better technology than DRK does, correct?  Yet DRK has a far higher market cap, far higher user base, etc.  They have that because they built support early.  

Every day XC waits to build additional support is another day some other community gets to take that support and hold on to it. CLOAK is another instructive example.  If everyone thinking about CLOAK knew XC already had solved anonymity, they would be far less interested in CLOAK.  Instead, those investors do not believe XC has solved anonymity and are attracted to CLOAK as a solution.  So they become attached to CLOAK, and are less likely to support XC in the future.  This is not a good thing because (to the earlier point about Betamax and bluray) at some point the ship really does sail and all the proof in the world that your tech is 10% better won't matter because it won't be enough to overcome the disparity in community size.  Lots of coins have better tech than BTC, but Expedia doesn't use them as a payment solution because they can't compete with the early support BTC got...

So if we have the best anon lets start proving it rather than waiting around and assuming that will just work out fine.  XC would benefit by improving its messaging.