Post
Topic
Board Announcements (Altcoins)
Re: [ANN][XC][OFFICIAL] PoS/Privacy
by
oblox
on 24/07/2014, 00:59:40 UTC
I think some patience is necessary here. Let them finish Rev. 3, publish the whitepaper, and offer a big bounty for anyone who can break the anonymity of XCurrency. Those things will put us in the spotlight and get us all the attention we ever wanted. Days can seem like weeks in this fast paced crypto jungle but let's remember all our strengths and be content.

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.

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.