Topic: XtraBytes really becoming the platform to rule all. - page 4. (Read 4485 times)
XBY is just too exciting to ignore. It just may end up becoming the go to platform for developers who are looking to build novel modules.
The marketing campaign will begin in September I believe and they have lots of exciting info to share about the project that they are saving until then.
thats the BIg IF in my opinion, however time will tell us which altcoin is the best, it is also not always about technology inside it, when some people create a project they also need the extra marketing strategies, it is not only in crypto world but in all other aspect as well, if xtrabytes can delivery all they promise and do a good marketing campaign it will Boom !!!
Funny observation at the moment:
XBY price at Yobit: 537 sat
XBY price at Cryptopia: 698 sat
Thats a nearly 30% higher price at Cryptopia than at Yobit!
XBY price at Yobit: 537 sat
XBY price at Cryptopia: 698 sat
Thats a nearly 30% higher price at Cryptopia than at Yobit!
Yobit are being extremely slow at updating the wallet so think people are just playing it safe by getting it from C-Cex or Cryptopia just incase. I know I wouldn't pick any up from Yobit at the moment if I knew I couldn't get it off the exchange incase something happens to the site.
Funny observation at the moment:
XBY price at Yobit: 537 sat
XBY price at Cryptopia: 698 sat
Thats a nearly 30% higher price at Cryptopia than at Yobit!
XBY price at Yobit: 537 sat
XBY price at Cryptopia: 698 sat
Thats a nearly 30% higher price at Cryptopia than at Yobit!
Agree with OP that Xtrabytes is the most undervalued storage project currently. It can pay off
big if the team delivers.
big if the team delivers.
i'm not calling it a scam. all i'm saying is that it was not a sensible way to launch something that would generate good will and interest from new users.
they could still have bailed out the original people by creating something completely new and crediting them when it was ready to launch.
by doing it the way they have they've hobbled interest from others.
anyway, good luck to it. i might buy in when something's operating.
they could still have bailed out the original people by creating something completely new and crediting them when it was ready to launch.
by doing it the way they have they've hobbled interest from others.
anyway, good luck to it. i might buy in when something's operating.
My sincere belief is Borzalom the developers focus is creating something great of personal significance not something just personally lucrative. You are right if he wanted to get silly rich he should of started a fresh ICO took millions and gave investors a big sack of bag holding coins. I was able to easily buy under 200 sats in Yobit, a price that was on there for weeks....So the truth is this was available to buy at under 5m market cap for weeks!!!
Because to me it seems the criticism ultimately is concerns about distribution but all I see these days are ICOs which take 100%!!! of the market cap in ETH and BTC and then on top of that only sell that chunk for only a part of the supply sometimes less than half! Then they sell a huge chunk to corporate banking investments under the banner 'Venture Capital'. Then they take a chunk for themselves often under the guise of 'operating fund'. Then of course most of these ICOs aren't event original chains but simply well marketed ETH apps. This has been done by even the biggest names in Crypto including NEO, Waves, Stratis and even ETH.
So bearing that all in mind should we celebrate and applaud XTRABYTES history and past or should we try to wipe is and join the rest of the assholes making a money grab in Crypto?
I hope I don't need to answer that....
i'm not calling it a scam. all i'm saying is that it was not a sensible way to launch something that would generate good will and interest from new users.
they could still have bailed out the original people by creating something completely new and crediting them when it was ready to launch.
by doing it the way they have they've hobbled interest from others.
anyway, good luck to it. i might buy in when something's operating.
they could still have bailed out the original people by creating something completely new and crediting them when it was ready to launch.
by doing it the way they have they've hobbled interest from others.
anyway, good luck to it. i might buy in when something's operating.
Hello ECB, these are all fair points and could certainly lead to an investor taking pause. Nonetheless I feel XBY is a platform with compelling potential. I invested in XBY because of
1. Deep management bench - I have participated in the slack channel for several platforms including Droxne, Reddcoin, Zencash. The team has a deeper management and technical bench than many existing projects and practically all recent ICOs. Some of the management and technical team slack names are Borzalom, CCRevolution, Vanfly. jcpbs, bikerlezn,
2. Low market cap versus competing smart contract platforms - other platforms including ETH ($27.7B), Lisk ($242M), Stratis ($525M) have much higher market caps by a factor of 20x or more. The low market capitalization on an absolute and relative basis is a margin of safety in the crypto space, which is truly volatile when compared to other assets such as equities or commodities
3. Uniqueness of the business model - XBY is based on Proof of Signature, this is a unique consensus method for protecting securing the network /processing transactions and fundametlly different than Proof of Work, Proof of Stake, Proof of Importance (e.g. NEM), Directed Acrylic Graphs (e.g. Byteballs) or Byzantine Fault Tolerance (NEO)
Needless to say there is risk in any technology investment whether its Teledyne, Amazon or XBY. If you wait to buy, you could get a lower price if there is a crypto wide market selloff or pay a higher price once investors bid up the valuation for a proven technology.
People keep saying they want to see something working and yet the testnet is going on right now. If you have any doubts about the tech then go sign up on their slack and you can take part. They want as many people as possible to take part, they are even asking for people to purposely attack it to try and break it. It costs nothing to take part and you can then see the tech working for yourself 👍
Hopefully everything rolls smoothly.. People who invest now at these prices will become rich as f.
This is only its 4th month and it's really taking off right now. Good stuff. Really happy to see how it's being worked on.
Will get a look at xby, thanks for the precious info
i'm not calling it a scam. all i'm saying is that it was not a sensible way to launch something that would generate good will and interest from new users.
they could still have bailed out the original people by creating something completely new and crediting them when it was ready to launch.
by doing it the way they have they've hobbled interest from others.
anyway, good luck to it. i might buy in when something's operating.
they could still have bailed out the original people by creating something completely new and crediting them when it was ready to launch.
by doing it the way they have they've hobbled interest from others.
anyway, good luck to it. i might buy in when something's operating.
The downside of not having an ICO or pre-mine is indeed that this Xtrabytes is easy overlooked since there is no funding available for marketing and campaigns.
the downside of this coin is the 100% premine based off a dead ico.
it all sounds like interesting stuff but they really should not have hitched it to something that lay dead on yobit at 1 satoshi forever.
it should've begun with a clean sheet, not sullied itself with that association.
It's on four exchanges now. Yobit has major coins too.
Yes, I agree XtraBytes looks like a good investment while it's low. I haven't looked into the tech too much but it sounds promising. It's a lot better than these other coins that have high values that just seem to go down after theyre recommended.
The downside of not having an ICO or pre-mine is indeed that this Xtrabytes is easy overlooked since there is no funding available for marketing and campaigns.
the downside of this coin is the 100% premine based off a dead ico.
it all sounds like interesting stuff but they really should not have hitched it to something that lay dead on yobit at 1 satoshi forever.
it should've begun with a clean sheet, not sullied itself with that association.
I get that projects dont even.want the word scam mentioned in the same sentence as them. But credit where credit is.due it actually grew out of helping a bunch of people who were.scammed. Thats the actual truth. It really should be applauded.
The downside of not having an ICO or pre-mine is indeed that this Xtrabytes is easy overlooked since there is no funding available for marketing and campaigns.
the downside of this coin is the 100% premine based off a dead ico.
it all sounds like interesting stuff but they really should not have hitched it to something that lay dead on yobit at 1 satoshi forever.
it should've begun with a clean sheet, not sullied itself with that association.
I get that projects dont even.want the word scam mentioned in the same sentence as them. But credit where credit is.due it actually grew out of helping a bunch of people who were.scammed. Thats the actual truth. It really should be applauded.
The downside of not having an ICO or pre-mine is indeed that this Xtrabytes is easy overlooked since there is no funding available for marketing and campaigns.
the downside of this coin is the 100% premine based off a dead ico.
it all sounds like interesting stuff but they really should not have hitched it to something that lay dead on yobit at 1 satoshi forever.
it should've begun with a clean sheet, not sullied itself with that association.
Thanks for making this thread. The downside of not having an ICO or pre-mine is indeed that this Xtrabytes is easy overlooked since there is no funding available for marketing and campaigns.
I hope that the static node auction will help to put some money into the Dev fund
I hope that the static node auction will help to put some money into the Dev fund
Yes, XBY is a unique coin and nice technology. However, if you do not know these and if you can not tell XBY to the users there is no such thing. XBY needs to advertise and promote.
The XBY team should be serious about advertising. And to be added to the stock exchange XBY needs to be worked on.
The XBY team should be serious about advertising. And to be added to the stock exchange XBY needs to be worked on.
They need to actually have some sort of product to advertise - not some vapourware (which is all there is right now)
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