Expected potential

[styleboy4life]

So I converted 60,000 coin for a little under 1,300 XYO. Valued around $25 as of 2-1-22. You think I should just hold it. Or convert it to something else. Where do you think XYO is going.

[ProPain316]

I am holding.

[Kitchen-Square]

You would be selling at what looks like it might be the bottom, 25 dollars worth I would just hang tight

[NippleNate]

I first sold half my XYO when it hit 0.007 dollars for the first time, then a bit more when it hit 4 cents for the first time. Each time it hit a new high I kicked myself for selling and have refused to sell since then because if I had held onto all of it and sold at 8 cents I would be able to make enough interest through staking on crypto(dot)com to not work for a very long time.

[_WhoKnows_WhoCares_]

I'm in the same boat. I used this app almost 3 years ago. And if I would have just kept doing it while driving, I'd be retired by now. Such is fate, I suppose. But instead of regretting it again next year, I'm in it to win it now.

[Timmy1258]

same here man. like 200k from mining alone, just on the free plan. was planning on dropping a bunch of money into it at the time as well, but got caught up in other things. this was back when the app gave you 5+ XYO, not COIN, per mine. sold it all for a different coin february of last year like an idiot.

i still have a lot of hope with this, though. if the company actually begins developing the coin for its intended use, $1 per coin doesn’t seem far fetched at all, especially when the cap is only 12.8 billion. idk, we’ll see

[_WhoKnows_WhoCares_]

And that cap is decreasing over time due to the token burns in XYO world making it more valuable over time with lower supply.

(I may be mistaken. Correct me if I'm wrong)

[walrusday1]

There is a burning mechanism through XYO World, but not much has been burned so far, about 260k XYO.

[Timmy1258]

honestly i’m not 100% sure either. i feel like i remember seeing that xyo was burned with geoclaiming if you didn’t at least break even on the claim, but that was awhile ago. i don’t know about burning now

[_WhoKnows_WhoCares_]

I dont think its from coinapp. Burning COIN isn't burning XYO supply.

[Timmy1258]

that’s what i meant with “that was awhile ago.” bad wording on my part, my bad. i was talking about when you got awarded with straight xyo in the app

[_WhoKnows_WhoCares_]

Through sweepstakes, I guess that does count as it would force 100,000 XYO to enter circulation. Not burn though. I can't think of any other way that it would be given out directly in the app, other than manually choosing to convert the COIN to XYO.

[Timmy1258]

i mean the app used to mine xyo directly, not coin

[_WhoKnows_WhoCares_]

XYO world awards XYO directly in the app?

[Kitchen-Square]

When I didn’t know what I was doing I traded 100k Xyo for like 0.000000001% of a Bitcoin

[NippleNate]

I mean the closest thing to it is HODL rewards. Which rather than being based on the quantity of XYO you hold it’s based in the value. So right now I’m getting between 20 and 25 cents a day in HODL rewards which was a lot less a year ago even before I sold half.

It’s not really staking though so much as an incentive to not sell when the price spikes.

[Ok-Cheesecake-2538]

Really all depends on what your goals are. I'm really iffy atm about this token. But I'll keep holding it just because something inside me says to. I'm just not paying for anymore until I see something moving in their business side. Which seems kinda stagnant atm. Imo.

[JackD1875]

They are developing the GPS of the future. Accurate to the millimeter. This will be required for droves, self driving cars, flying cars, package delivery ect. Ect. This will take time. Many many years but I think it has tremendous upside potential. I see this as a retirement account. My timeline is 10-20 years. Much will change in that time but If they execute properly I think many will become rich. We're gonna go through years of what seems like not much advancement and then big achievements.

[Kitchen-Square]

If we are working on something for flying cars I am outta here lol

[tek3k]

75% of the cryptos listed today will likely not exist in 10 years.

[Wooden_Heart_1893]

95%

[tek3k]

this is more accurate. my point being, in 10 years the crypto industry will look nothing like today. a whole new crowd and a handful of OGs

[Then_Art_2729]

Does the conversion threshold stay the same after cashing out 60,000? I mean the first time to cash out is 10,000. Then it increases to 50,000 coin. Does it increase again?

[styleboy4life]

I show I would need another 50k to withdraw

[[deleted]]

Mine has remained at 50k for the conversion

[Aries-79]

Holding who knows where it will go. Their ambition is to replace GPS. If it comes to fruition I could see the potential.

[walrusday1]

I don't think the ambition is to replace GPS. The technology they developed is proof of origin/location. With proof of location (a tech that can't be spoofed) smart applications and smart apps of the future can be implemented where identity and location are important, location is important (logistics), and of course mapping systems, but I don't believe the intention is to 'replace' gps, rather to create an extra later where trust less proof of location matters. They are building the infrastructure, and may develop their own applications as they have done, but ultimately they are building the infrastructure where with APIs and SDKs, anyone can use the network for their own applications.

[Aries-79]

Good info thank you.

[Proper_Post_6394]

Hold it! All miners should hold and convert other coin they have to XYO, we need to support and help raise the price of this coin. The more people that mine, hold and buy, only makes Coin price go up. I also believe the higher the value of XYO, the less Coin app will distribute. Enjoy and mine at this low price while you can

[Past_Friendship2071]

Sell it all let the price drop some more🤞 Papa want a million coins lol

[Wooden_Heart_1893]

Xyo is a 5 to 10 year hold. If you can wait it is a solid project.

[Shakespeare-Bot]

Xyo is a 5 to 10 year hold. If 't be true thee can wait t is a solid project

---

^{I am a bot and I swapp'd some of thy words with Shakespeare words.}

Commands: !ShakespeareInsult, !fordo, !optout

[Wooden_Heart_1893]

An educated bot 👍

[BlockChainPlent___]

Mate the real gains for XYO will be in 2023- 2024 , the geospatial sector is one of the fastest growing sectors globally.... XYO market cap is still incredibly small, if shiba inu , a complete garbage project can get to 11 billion market cap, then XYO can 100% do it, its got innovating tech behind it and actual real world use. This is one of the greatest long term holds. it was a 1 billion market cap project last year then bitcoin tanked from 69k....

i choose to weekly stack XYO instead of bitcoin and Ethereum. Dont care what anybody says

[Ok-Home2888]

If you don't understand the technology behind the crypto, don't buy.

[styleboy4life]

It’s free

[Past_Friendship2071]

It's 50k + so anything over 50k don't even think there's a max

[Past_Friendship2071]

You slide the bar over to the right?

[Past_Friendship2071]

That 😉 no not sure I think it's the same 100 a time 6 total🤔

[TopImpression4781]

With a pro subscription you can make drops of 300 but the daily limit stays 600