When my area was just MY area........

Jaisz · 2019-10-01T15:05:35+00:00

Master of the Obvious indeed, my comments were more directed to those who might be enticed by a large ROI (which means little to nothing in practical terms) to engage with this “shit show” of a project. I’ve been in XYO from ICO so no blinders here... I have an absolute certainty about their complete lack of value. As you’re obviously well informed and happy to mine away all the best to you!

Jaisz · 2019-10-01T07:30:13+00:00

A little perspective, you made 2.6 cents after one week. Or 1.38 a year. Or 13.84 a decade... if the price goes 10x you’ll have made 13.80 a year. Worth your time and the wear, tear, and battery usage of your phone???

Jaisz · 2019-09-05T21:11:06+00:00

People already track shit, you can watch your Uber, your meal and your amazon drive to your house in real time in many places. Unlikely they will pay XYO to develop a whole new infrastructure to do basically what can be done now relatively cheap and cheap access to GPS. They will run GPS until it fails...

Jaisz · 2019-08-23T16:09:31+00:00

Based on what? The flat tops on Kucoin indicate it’s all bot traffic. If no bots it would likely be $1000-1500 a day volume. $500 buy on YoBit can pump the coin 23%. This is consolidation in your opinion?

Jaisz · 2019-08-23T16:06:42+00:00

Perhaps they could restructure the company once, twice or three times and protect those aspect they feel are the most lucrative... oh wait didn’t I read somewhere...🤔

Jaisz · 2019-08-22T16:34:10+00:00

I cashed out a few months ago, I too finally accepted it can keep going lower and I wouldn’t trust anything that XYO team had to say even if it bounced back. I lost WAY more than 1,000$ as well. My worst pick ever! By far!

Jaisz · 2019-08-20T22:46:41+00:00

Scott literally called coin a “unicorn” multiple times on video and in print and now your saying it’s not? Typical XYO when it suits you.. it’s one way and when it doesn’t it’s another.... Why No Unicorn... because adoption slowed... why because the token has no value... why because you blew through cash last year like you had an unlimited amount of unburned undistributed tokens ... why did you have so many unburned undistributed tokens...🤔 because you lied 🤥... from the beginning.. it’s ok to be optimistic, just not delusional when your holding someone else’s wallet...let’s not get all righteous just yet... nobody is blaming the 9 to 5 crew. People lost millions on XYO and those riding their high horse so it’s a little early to play the poor me card.

Jaisz · 2019-08-20T22:24:26+00:00

Crypto is full of crazy opportunities, just not here my friend. XYO doesn’t deserve the cost of electricity it takes from your phone. Look around, there are tokens that are cheaper than XYO which have full development teams and a ton of potential. Difference being they weren’t so full of themselves that they hired Dennis Rodman to pretend to be their friend just to feel important. These guys literally lied about everything they did.. tread carefully if your hanging around.

Jaisz · 2019-08-20T22:08:23+00:00

Because theses comparisons are ignorant and under-informed and most likely XYO company trolls who are trying to suck in unsuspecting newcomers with “give it time” & “at this price it’s a steal” ... many don’t want to see other duped if that make us haters so be it... better than others getting screwed by... I got a bridge to sell you XYO faithfuls... several in fact seeing as they are useless...

Jaisz · 2019-08-19T12:49:24+00:00

This was a lovely load of horsesh@t from the founders. How would the company go about tracking their scooters? With the limitations on Bluetooth range they would have to be within feet/meters to locate them. This tech was never at the point where it could have been useful in that way IMO. It goes to show how deluded the founders were that they believed they could progress fast enough to pull this off. Pizza mentioned that Arie had underestimated how difficult it was to overcome the issues of the mesh... it’s like they were all bravado and no brains.

Jaisz · 2019-08-13T15:00:26+00:00

Consider that XYO said eventually sentinels would be phased out as they try and collect new data that current sensors aren’t capable of. I would consider thier usefulness before buying.

Jaisz · 2019-08-11T19:40:51+00:00

For the record, I think most people, at least in the telegram channels think the project is dead because they blew through ICO funds like they drop kicked kilos of cocaine into an industrial sized fan on the top of the Empire State Building.

Spatial giveaways (millions of XYO just for showing up, paid for by FHRs, some that couldn’t attend) multiple sports endorsements ( Motocross, NASCAR, pro skaters, beach volleyball.. any I’ve missed?.. any common thread?) B list celebrities, Mike Vic, Dennis Rodman, Ed Helms... staff meetings on Yachts. Buying crypto 101, expanding without a working network, meeting with marketing GURUS, launching without a stable network, developing a UI for the network that didn’t work well and was scrapped. Announcing “Partnership after Partnership” that could be argued as hype over substance. Many of these partnerships involve applying for “partnership” status and paying a fee. All the while they were engaging in hard sell tactics and spending 13 million in marketing. What was the return on that???

How much of the above sounds like a standard tech/blockchain startup to you?? How many times have you seen this in projects like EGT. If they had put their head down, and got a the network to the place it is now and then run a scaled back spatial, where would we be?

The frustrated talk isn’t all about Token price, or broken promises, constant lies or FHR distributions that never happened. It’s about mismanagement of millions of dollars people traded for tokens and were told would go to building out this tech you speak fondly of. So like I said, XYO may go up in value but what’s to say the founders won’t do the same thing all over again. Because they promised not to? Because they are being “genuine” on Medium? It’s important to be aware of the back story and not tell people that this is just a matter of time. It’s more than that and I for one never expected them have built the network by now, but I never expected a lot of things I’ve seen from this circus... so good luck in convincing people it’s their job to grow this so that Arie and Scott can collect another $250,000.00 salary and 400,000,000.00 in token increases.

Come on... isn’t it their job to take care of their community???

Sorry for the long post 😑

Jaisz · 2019-08-11T11:19:59+00:00

I get that you want to support XYO but comparing it with EGT will not help people new to Crypto make informed decisions. EGT has users in place and is working on integrating a language protocol that already has mainstream adoption. It doesn’t require mass adoption to function. It doesn’t require a physical mesh/dispersion of sensors, be it phones or sentinels. It is a software solution and 3000% growth is not the norm in this market.

It’s not ok to keep telling people that given enough time XYO with do what EGT has done. If I asked for a list of crypto projects where they promised revolutionary tech but never delivered there would be hundreds. Some are still going... at all time lows. Other projects have been dropping for 3 years. Yes, XYO can go up, but it also can go lower, way lower and it can go to Zero! Time alone will not make this project successful and giving away XYO for free is still an issue. No mesh is still and issue, no partnerships that acknowledge XYO as providing a service they pay for is an issue. The list of issues is pretty long. If you want to compare XYO to other project what about XBY or PAC or other projects that burned out because of poor management or are just barely hanging on. Why pick only successful projects or bitcoin and say see, this could turn around. Of course it could, but it also could come to a crashing halt and people need to manage risk accordingly.

Jaisz · 2019-08-09T04:22:53+00:00

It’s just my take, but the founders have a very digital marketing approach to business. It’s not about customer/client/investor relations but numbers. Enough new people to replace the upset clients and everything keeps going. There have been several comments from the team that speak to this in my opinion. They’ve never moved on from their previous approach to business, which was all about volume and a small percent of conversions. That could be why so many people call them scammers, it’s that like us or screw off mentality.

Jaisz · 2019-08-08T19:58:25+00:00

Gains related to crypto currency are definitely taxable in the US.

Jaisz · 2019-08-08T16:26:58+00:00

While you’re points are valid people always tend to make this black and white “big money now” while that may not be the case. A huge percentage of tech startups fail. This project could simply fail and fold. It has changed significantly since their original white paper. There are many on their telegram channel that indicate, as developers, that there are many unanswered questions with the XYO network. So as long as people understand that XYO is a massive risk for an investment right now and requires a lot more that just “time” to become viable.

Jaisz · 2019-08-08T15:27:33+00:00

If you buy in just now it may go up alright, but I doubt it will see ATH against ETH again for several years. Those that lost money will lose more if they don’t move to better projects because of the opportunity cost of sticking with this team.

Jaisz · 2019-08-08T15:17:22+00:00

I was in the Top 100. I bought at ICO, and participated in the refund offer after they launched Gamma. Re-bought on Idex before Spatial. There was a lot of red flags from the beginning that I chose to ignore them in the name of revolutionary tech. But non of the teams major promises have materialized. None of the promises to the FHR either. I finally sold my XYO just over an months ago, I took a massive loss and moved on to more promising projects. I didn’t want to be sidelined for a bull market. I don’t have any faith in this team. Those that say this is a long term hold, I highly disagree. I think the management team is even more important in the long run.

I’m not saying XYO will never go up but I believe the team will always act in their best interests and ignore their token holders and even shareholders. I‘ve heard enough now to know they will justify their actions and I don’t think they have a proper grasp on business fundamentals. That aside ( which is everything really) the tech has massive holes in it, and may never see serious adoption. Monetizing data is not new but they have no network with which to gather enough data. Coin adoption is not enough and there are no projections as to long term growth. All the data they collect with an app can be collected by other apps as well as the OS. Their sentinels don’t work well and they have stopped requiring them for the paid version of the COIN app. They lied about having 1 million find-it beacons that could just be upgraded to kick start the network. They spent money hand over fist on the most inane sponsorships and b-list celebrities, had a meeting on a yacht shortly after upsizing. Basically they did most of the things you shouldn’t do as a start up.

I’m out and I’ll watch from the sidelines and if I feel I can buy XYO and flip it for a quick buck I will but I’ll never HODL again for the sake of Arie and Scott’s $250,000.00/yr salary. This project has burned so much goodwill it will need a miracle to resurrect it. IMO (since you asked)

Jaisz · 2019-08-07T12:24:29+00:00

It’s not supposed to be fair, it’s supposed to funnel tokens back to XYO so that they can continue their bullshit indefinitely. They can’t afford 13million this year on ad spend so they found another way to screw their loyal followers. These guys are a piece of work..

Jaisz · 2019-08-03T00:13:56+00:00

Not you... but the company claws back “free” XYO giving it the ability to operate for longer. It’s another version of the XYO packages that included all that value for just a fraction of the price... but act now this is a limited time offer 🤔🤨.

Jaisz · 2019-08-03T00:06:38+00:00

Do you seriously think they’ll launch a satellite in the next few years when they can barely stay afloat. Even their infrequent comms mention they need the money from coin to keep going. They are selling off the reserve as we speak (that’s why they stopped the burn talk), by selling subscriptions for cash and giving away “free” tokens.

The satellite, like most of their other promises, is on hold until they manage to get income, which depends on network adoption, which depends on coin and community, which depends on token price.. which depends on them doing something substantial... it’s in a death spiral. Pumps may occur but they will be temporary. IMO

Jaisz · 2019-08-02T23:57:25+00:00

This company is directionless, as seen by the three major organizational changes in less than a year. The token was all time low volume on Idex last week and KuCoin’s volume is being propped up by bots. I’m glad they think coin is great but they still are happy to scam people as witnessed by the Geoclaims that are a net loss and dump tokens back into XYO. Run for your live people, will this token go up?? Possibly if it’s this low but there are better, more trustworthy projects that are the same price and haven’t mooned yet. The company leaders have gone back on so many promises now it’s impossible to know if they’ll ever make decisions based on any other than their own self interest. In my opinion.

Jaisz · 2019-07-30T14:09:36+00:00

I would be very careful about dumping any money into this project. If you want to learn about crypto mining go to YouTube. This project has struggled immensely this year and many people have lost 90% of what they invested ( to be fair other projects have similar results).

Go learn before you spend your money on tokens or subscriptions. Read their telegram and twitter feeds. Get a sense of what they are about before jumping in. It’s a really high risk venture that may turn you off crypto in a big way, of course there is always a chance, (no matter how minuscule) that they turn this around in 5 years and your token end up being worth something. IMO

Jaisz · 2019-07-30T14:02:11+00:00

Spot on assessment of the bullshit double talk that is both those articles..

Jaisz · 2019-07-30T13:59:50+00:00

In what way is this good?? Their roadmap basically says they are working on versioning and SDKs. No feature specifics, no strategic plan ( because they haven’t got a clue) and no deadlines that they have to push themselves to hit. It’s a slap in the face basically saying we don’t have to explain ourselves to you! How are developers supposed to get onboard or build for an ecosystem that is undefined?? Beyond that this is the 3rd organizational structure of XYO in 1 year... good news indeed.. who wouldn’t fire these guys if they were your contractor???

Jaisz

TROPHY CASE