What will really help the price of XST is its adoption on Open bazaar and other black markets. Its no doubt XST has a totally new technology - anonymous sms sending of money - but this unique feature is not sufficient for XST to succeed.
Only its constant and steady use on black markets will help XST to survive in the huge competition of anonymous coins.
If not Silkroad, Bitcoin`s value would still be under 0.1 USD. It`s well know truth that only Silkroad and other black markets helped BTC to rise.
What a load of garbage..Silk road bitcoin made up of around 5% of all transactions at the time it was first taken down! 30k bitcoin in escrow is hardly close to the millions in circulation!
Geeze some of the things you guys say in this thread is without a doubt... I wont say anymore on that because its just rude. But wow, you guys need to pick up your game bigtime! You have without a doubt though, become the joke community of anon coin projects... And emilio is mostly to blame but the rest of you seriously need to smarten up just a tad. You are making the rest of the projects just look really stupid and we are all trying to crack the anonymous and mainstream markets right now and you twits here saying some of the crap you do is just walking us all backwards!!
I'm glad you have all stopped chanting chandran signatures but whats next i mean i think all the time you spend here isn't it time you studied the ecosystem, just a little bit!?
Im assuming you possibly arrived long after dogecoin even. And really missed the whole rise of bitcoin in april and the end of 2013. One could really guess it had a lot more to do with gox manipulating its own markets. And it did not take a brain surgeon to work it out both times but mostly the rise to $1200 was at the time of the US debt default scare..Most definitely not silk road. Its all documented, just go and read more about what this is all about PLEASE for everyones sake! The drop in price of bitcoin wavered when silk road was shut down and the rise to $1200 was after that!
Some references can be found here
http://www.theguardian.com/technology/2013/oct/03/bitcoin-price-silk-road-ulbricht-value and here
https://www.cylab.cmu.edu/files/pdfs/tech_reports/CMUCyLab12018.pdfHere is a good read..apparently someone is to re-analyse its current state and will reveal a better picture of it soon.
http://www.coindesk.com/dark-markets-grow-bigger-bolder-year-since-silk-road-bust/