BitShares XT Market Cap one week after launch?

[xeroc]

+5% for X .. without T

[solaaire]

thanks for the clarification toast, i think dropping the T is a great idea




also big shout to the dev team for working on the 4th - that's dedication

[toast]

There is little point in arguing here.

At the end of the day, you will do whatever you decide to do.

I can find and post the threads/posts that people asked you to skip XT as it is pointless. On which you said that you will do it anyway, just because you feel like it. And those comments were the only public knowledge before dropping the bomb that you suddenly have sobered up.

I still think you don't get it... We're not "skipping XT", we're just not calling it XT.
Skipping XT would be not releasing until X is fully-functional. We are not doing that.

[Simeon II]

There is little point in arguing here.

At the end of the day, you will do whatever you decide to do.

I can find and post the threads/posts that people asked you to skip XT as it is pointless. On which you said that you will do it anyway, just because you feel like it. And those comments were the only public knowledge before dropping the bomb that you suddenly have sobered up.

[Empirical1]

Yep we're dropping the T

Sent from my SCH-I535 using Tapatalk

That's why insider trading is illegal.

Having this info 36h ago, would have saved me 10s of thousands of USD.

I just wonder if the other party new???

This was all public information. There would be no difference in the price if they launched as "XT" vs "X." The "T", for test, would eventually come off as the marketcap surpassed $1 billion or so. The first chain is how you get a preallocation in future bitshares x banks


toast edit: formatting

The public information was that it would XT, T standing for 'test'; And nothing to test, really... except if DPOS can handle 1000 transaction per day...

It is still the same limited test chain.
But it is the chain all future X chains are reccommended to honour 100% around their launch.

https://bitsharestalk.org/index.php?topic=2940.0

So it makes sense to call it just X. Good name change.

Edit: I said X is the chain all future X chains should honour at launch.
But I think it's more like the XI model will honour X 100% at launch, but then any variants that required new chains of the XI model would honour XI at launch.

It amounts to the same thing. But my wording is wrong then.

[toast]

Yes, it is still "XT" for "test" except we will just remove the letter "T" from the UI.
Just changing the name (to make it less confusing for when we upgrade).

Before: XT --- upgrade --- > X
Now:    X ---- upgrade ----> X

[Simeon II]

Yep we're dropping the T

Sent from my SCH-I535 using Tapatalk

That's why insider trading is illegal.

Having this info 36h ago, would have saved me 10s of thousands of USD.

I just wonder if the other party new???

This was all public information. There would be no difference in the price if they launched as "XT" vs "X." The "T", for test, would eventually come off as the marketcap surpassed $1 billion or so. The first chain is how you get a preallocation in future bitshares x banks


toast edit: formatting

The public information was that it would XT, T standing for 'test'; And nothing to test, really... except if DPOS can handle 1000 transaction per day...

[clout]

Yep we're dropping the T

Sent from my SCH-I535 using Tapatalk

That's why insider trading is illegal.

Having this info 36h ago, would have saved me 10s of thousands of USD.

I just wonder if the other party new???

This was all public information. There would be no difference in the price if they launched as "XT" vs "X." The "T", for test, would eventually come off as the marketcap surpassed $1 billion or so. The first chain is how you get a preallocation in future bitshares x banks


toast edit: formatting

[toast]

Yep we're dropping the T

Sent from my SCH-I535 using Tapatalk

That's why insider trading is illegal.

Having this info 36h ago, would have saved me 10s of thousands of USD.

I just wonder if the other party new???

??? It's a name change... the technology is *exactly* the same. Would it cost you 10s of thousands of we called it "BitShares Exchange"?

edit: Maybe I was unclear earlier, I just meant we are not calling the un-upgraded chain "XT" because it confuses too many people. It would still be "X, without the exchange, until we upgrade it".

[Simeon II]

Yep we're dropping the T

Sent from my SCH-I535 using Tapatalk

That's why insider trading is illegal.

Having this info 36h ago, would have saved me 10s of thousands of USD.

I just wonder if the other party new???

[toast]

when? any specific date and time

Yep we're dropping the T

Sent from my SCH-I535 using Tapatalk

Right from launch... calling it "X" even before market functionality

[sfinder]

when? any specific date and time

Yep we're dropping the T

Sent from my SCH-I535 using Tapatalk

[toast]

Since I am not really sure what the hell XT is, I am going to say way less than the smallest option. If we are talking about the Bank & Exchange, I would guess around $20 million after a few months with some extreme volatility throughout the beginning.

I hope it has been decided that they drop the XT name and just call it X. Obviously it won't be launched fully featured, but I see absolutely no advantage in having the T there except for confusing people even more on what is not trivial stuff to begin with.

Yep we're dropping the T

Sent from my SCH-I535 using Tapatalk

[cygnify]

Since I am not really sure what the hell XT is, I am going to say way less than the smallest option. If we are talking about the Bank & Exchange, I would guess around $20 million after a few months with some extreme volatility throughout the beginning.

I hope it has been decided that they drop the XT name and just call it X. Obviously it won't be launched fully featured, but I see absolutely no advantage in having the T there except for confusing people even more on what is not trivial stuff to begin with.

[NewMine]

Since I am not really sure what the hell XT is, I am going to say way less than the smallest option. If we are talking about the Bank & Exchange, I would guess around $20 million after a few months with some extreme volatility throughout the beginning.

[biophil]

When the exchange goes live, I'm shorting that bitUSD like nobody's business  ;)

I expect a lot of people will do that because they're forgetting that shorting bitUSD isn't shorting USD unless the peg is valid. So when you and everybody else short bitUSD, you'll cause the price of bitUSD to plummet far below the price of USD, and I will buy your cheap bitUSD like it's going out of style. The bitshares community will hail me as a hero for trading in support of the USD/bitUSD peg. :)

Sent from my SCH-S720C using Tapatalk 2

[yellowecho]

When the exchange goes live, I'm shorting that bitUSD like nobody's business  ;)

[Empirical1]

Thanks, for putting my prediction as a choice in your poll  ;D

+5%

I bet if I put $2-10 million, you may even have chose that   ;D

[Simeon II]

 Thanks, for putting my prediction as a choice in your poll  ;D

[gyhy]

80,000,000usd

[Markus]

that's 10-20 million Bitcoin, right?  ;)

[Empirical1]

There is another thread asking about the initial XTS price but with the change of units, I thought the market CAP would be simpler as well as a poll.