What will xfuel do to xby coin value?
I am not sure how xfuel doesn’t harm xby. CCR better appreciate the early investors in him who only could invest and buy xby. Xfuel better not overtake xby and make only the xfuel early adopters the one who benefit.
Confused as to how xfuel will not destroy and ruin xby value.
EDIT:
If you are going to downvote at least explain how you think xby will hold its value (or increase) when xfuel is available to the public.
Posted Apr 11, 2018, 7:59 AM UTC · edited
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Before I help answer based on my knowledge of the white paper, can our last conversation be water under the bridge? I apologize and didn’t mean to step on yours or anyone else’s shoes.
Anyway, X-Fuel was created as a means to keep the amount of XBY circulation at a healthy and steady level as they incorporate more static nodes. Without X-Fuel, XBY coins would diminish greatly through more and more node lockup’s, hence why you can use it as a way to gather enough to create any of the 3 levels of nodes.
It’s also only an earned coin, whether assisting with the project (form of payment, if you will), error debunking through bounties, and reward giveaway (Easter egg event earlier this month).
Once everything with X-change is up and running, it can also be used as a form of trade commodity, XBY for X-Fuel, vice versa.
If I’m off with any of that information or anyone has more to add, please feel free!
EDIT: I guess I didn’t really answer your question.. I don’t believe it will effect the price due to the inability to purchase it. It is strictly an inside offering made by Xtrabytes through the above incentives. CMC will never reflect X-Fuel as a sub or alternative to XBY.
Obviously I mean when it’s available to purchase. I don’t mean right now. That would be a dumb question. It has no value now. the value (that I am concerned about) is when it’s able to buy, then what?
And their DEX (if it ever launches) the first trading pair running on it will be xby/xfuel. And I thought it might be running this year.
I can understand when you can only buy xfuel buy using xby, value will increase til it’s available else where
(Note sure what precious conversation we had was. Maybe you got the wrong guy. Maybe it was HODLLLLLLLLL lol)
You can buy XFUEL using any currency, as long as it's agreed upon by the buyer and the seller. I know some who sold XFUEL for ETH. And I know someone who bought XFUEL with btc.
It's much easier, in terms of discussing price, to give it in relation to XBY. But there is no law staying that XFUEL / XBY escrow purchases must be done with XBY.
Yes we all know that. Please re read my post:
Obviously I mean when it’s available to purchase. I don’t mean right now. That would be a dumb question. It has no value now. the value (that I am concerned about) is when it’s able to buy, then what?
And their DEX (if it ever launches) the first trading pair running on it will be xby/xfuel. And I thought it might be running this year.
I can understand when you can only buy xfuel buy using xby, value will increase til it’s available else where
(Note sure what precious conversation we had was. Maybe you got the wrong guy. Maybe it was HODLLLLLLLLL lol)
if it ever launches ? It is actively being developed right now.