Quote from: falce on August 06, 2018, 02:41:08 PM

ah my very old post about the supply... that one got an answer in their discord somewhere, dont remember the details, but it was argued by the devs, that for starters the supply on cmc was even farther off than i thought, so there were more coins circulating as we thought. [main argument were dividend from poswallet.com, would have been nice to have those old balance sheets to see how many, but those were stopped in may 2017 i think, so i could just assume an amount] and then whatever wasnt swapped was burned. dont know how many, but there is an ann somewhere in discord/telegram ann channel.

hmmm so there is the possibilty of xsn just being a merger of good ideas and good work by other devs. impressive that they would need to pay so many devs if they are just waiting for others to finish their work and copy.

yeah for their discord channels - this cryptoman character is pretty funny, but dont forget that he is one of the biggest holders and just fomos the shit out of xsn so he can sell his rewards. judging by the names talking about buying, and knowing some of them for a very long time, i can assure you that those people might buy, but are also the biggest holders. so it is absolutely possible, that they are just fomoing their sells all in all. would explain why teh price is dumping whilst everyone is "buying".

but i think this post on revex about posw might be accurate for xsn

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PoSW is something to trade, not to invest in. There is a certain pattern of hyping the coin and dumping it every now and then and there have been movements in wallets, which were said to be for burning coins, right about the time when their servers were supposedly breached. A short summary of its history should make it obvious why not to invest but to trade in this coin. Released in Jan2017, everything looked quite normal, there were problems, but a steady stream of information flowing (weekly reports, income statements, ). In April a hype with the ath of about 20k sat took place, followed by some dumping (explained by pivx delisting), but the price stabalized again. Some dumping again (explained by delistings in general) and the promise of some new PoSWallet2.0 (end of may 2017) without giving out any information at all (no roadmap/timetable, no more reports, statements). End of May/early June was when everything went south, no more marketing, no more development, , but end of July PoSWallet2.0 was said to be released in august, generated some hype and then the before said wallet movements were taking place whilst supposedly having a server breach, and the price of course down again. And now a new cycle starts (whilst stating that poswallet2.0 might be released in 1-3 months, so even the people behind poswallet got it, that their site will not be able to create a hype anymore) with the coin. It started with someone from the team just throwing around acronyms in their slack (POSW2.0 MN, Treasury, TPOS) and might open a window of trading opportunities.

Hey Falce,

We are dealing with a new development team (which are transparent, the majority have LinkedIn and have their faces shown, completely new chain, new roadmap, have big names joining the advisory board (Frank Amato). How does the old POSW link to XSN now?