Topic: [XC][XCurrency] Decentralised Trustless Privacy Platform / Encrypted XChat / Pos - page 923. (Read 1484197 times)

Price swings always brings the trolls posts.

When the price rises it's jealously or fear from competing coins. When the price falls it's from people who have sold who hope their trolls will lower the price further.

Fact is, anyone can do their research and the XC platform is looking v solid.

I would rather things were done at a slower pace, with TESTING, than botched releases put out there.

Actually that is very terrible

Hmm. Almost nothing... Source codes were opened from the very beginning as for BTC & for XMR. It's not a difference...

Two independend teams (Cryptonote & XMR) did academical work on prove strict anonimity by design.

G. Maxwell, core Bitcoin dev, did not hide his interest in Cryptonote technology and wrote scepticism about coinbase-like mixing approaches, used in DRK & XC.

Cryptonote team made challenge to all, by not just open the source code, but by make forked Cryptonote coins easy in few step-by-step instructions.

P.S. Bloating is not so terrible, 1.3 to 1.5 Gb in a month, note exchange volume of XMR is greater than other coins. 1Tb HDD are cheaper and cheaper every single day.

Disadvantage, XMR can not stake coins in Android/iOS wallet, as XC can. Also it's PoW, CryptoNight is very hard for ASICs, a lot harder than X11 algo.

The US Gov't has determined that cryptocurrency is property.  Therefore you have a cost basis and this is not taxed until the dollars are transferred to Fiat.  It is only then taxed if your transfer amount is higher than your cost basis.  This is then taxed at capital gain rates of  0- 20%  if property held for a year or more, and ordinary income if less than a year.   If you would barter said property for goods and services the seller would need to estimate the value of the property exchanges as their cost basis on the said transaction.

Thank you , for you put it in normal words for people to understand
Plus I just get a little pissed when people think that folks in cryptos are only in it to do ill deeds. To me that is a personal attack on my character, I dont take such things lightly. Ive tried to live a honest life for the most part, with a few bumps in the road, but over all like to think of myself as a good person.... and crap like that comes up.

I don't think anyone is advocating not paying taxes or hiding stuff from the taxman. The problem with Bitcoin is that if someone knows your address then they can see an awful lot about your financial situation.
A lot of people don't want their finances to be that open to (potentially) anyone, but that doesn't mean they want to avoid legitimate taxation.
So Bitcoin is good, but it's potentially a bit too open for a lot of people.
XC is a coin that can deal with this. And it may be the best one, we can't say for sure yet as there is alot going on in this space, but a lot of things about it and the team deserve IMHO serious consideration,.

Or Al Capone for that matter

I just woke up from last nights firefight. I was there with financial support, and support for the Development team, but it really felt like some members were running out their foxholes a little prematurely.

Bitcad4u... I am the Houdini of Cryptos. I always know when to pull the plug. XC is young child with endless possibilities... not an old geezer on life support. I respect your decision, but next time if you feel the urge to pull out... please don't lob a grenade into the trench. Just head for the treeline and keep your head down until the dust settles. Dan and the other members of the development team have earned a little leeway.

synechist... you are one classy individual. Absolutely love having you here!

I think I know your type...  Just like the one not happy with the background in the video...   If I gave you a bag of gold,  you would say it was too heavy...  If you work up or come in from the side on the website menu it works fine, and I'm sure they are working on the making this one minor issue better.  On a seperate note, you are more than welcome to become part of the solution and make a donation to the marketing/promotions fund to help move this project forward.  

I bought some XC, not large amount, but not tiny. So I have real interest in XC now. Sorry for X11 coin. I am somewhat old-fashioned...

Do you agree that Android/iOS wallet that can stake inside a mobile device is revolution, because explodes number of XC adopters?

It's clear that btell is a XMR troll here to fud.   He was fudding all night last night during the flash crash.  FFS... he's still call XC the X11coin.   Do you think he really cares about XC?

I think it would be good against bloating of this thread(pun intended) if everybody who has basic questions about  blockchain technology and the various methods that are being developed for anonimous cryptotechnologies read up on those subjects before posting here. Sometimes it's difficult to discern honest ignorance from fud.
thx!

Dear newbie, learn X11 manuals first. The main brand new feature of X11 coin is NOT anonymity, but Android/iOS wallet THAT CAN STAKE coins just inside a gadget! It is not just a PoS, it is real REVOLUTION!

     

you're grasping at straws here and doing a terrible job. I dont even think I will waste my time responding to you with an in depth description. If you dont understand what XC has done, you're either a plain moron or someone coming to create FUD.


I think its the latter.

Stop the fud idiot and go buy some monero!

DEA can too. I just not from DEA. It was a metaphor...

I wanna focus you why Bitcoin itself is not sufficient? What brand new feature of X11coin? Decentralized mixer? It is like an one-eyed person , not an anonymous one.

Fine it doesnt now go away and chase your people who owe $30 in taxes.

but you can still track that address to an IP and........ poof.

THIS IS STATED ABOUT THE CURRENT DISCUSSED TOPIC!

It is abundantly clear that the blockchain opens up an entirely new realm of benefits and risks. It is a radical game-changer.

But while the power of blockchain-based technology is immense, and while there are clear use-cases for it that are unethical, this does not amount to any kind of warrant for the alternative: vast data mining of personal information, internet architecture not optimised to protect individual liberty and privacy, and the opportunity for any party sufficiently powerful to abuse human rights to get its way.

To cast blockchain technologies as unethical due to the risks is therefore unwarranted because the alternatives are not more ethical. It's also to refuse to play a game that, henceforth, the world simply has no option but to play. Blockchains are here, and there's no making them go away.

So onward is the only option presented to the world. As such, XC is committed to the ethical use of its technology. Just as legal systems and taxation are "technologies" that regulate the old systems, completely new technologies, conceived along radically different political lines, will be required to allow humanity to thrive in a blockchain-based world. This is the irresistible future, and XC will co-create it with the highest and most optimistic of expectations.