Bitcoin Forum

DEVELOPERS:

Lead Developers:(The most active)

JhonCar (Lauched the coin also making deals with other companies which will increase the use of PXC.)

Iamatrix (Addresses technical and other issues also developing and programming new websites and services for the coin.)

Additional Developer:(My personal Favourite)

JeanCool (Operating a mining pool for PXC. Joined the PXC team recently)
Here is the announcement of Jeancool joining the team his jobs are written in the thread.

https://bitcointalk.org/index.php?topic=242264.msg2569692#msg2569692

Things to know about PXC Team:

• Developers launched this coin with proper planning of more then a year and for that they also invested their own money. Here you could see a reply posted by a developer , It has an image showing a list of servers bought by developers for different kinds of project planned for PXC.https://bitcointalk.org/index.php?topic=238367.msg2524170#msg2524170
  
• Developers are professional and they know what should be the priority.
• They also invite new people (JeanCool) in there Team who are capable of taking this project more further.
• They are ready to face all challenges, They try to resolve problems with in no time. Any one could contact them they always reply and never get late to address issues.
• They don't fear criticism. And Answer any question professionally.
• They are not here to pump and dump because they invested in the coin and are honestly taking it as a business. They are completely aware of their responsibilities.
• They never rush any thing out. They also never wanted their coin to be listed on exchange this soon but the community didn't wait and coin got listed.

SERVICES:

Services which ready prior to Launch:
Clients were already present for both platforms i.e. Windows and Linux.(Now MAC also available)
Phenixcoin.com (http://Phenixcoin.com) (Official Phenix coin Website)
PhenixPool.com (http://PhenixPool.com) (Official Phenix coin pools Website)
PhenixPoker.com (http://PhenixPoker.com) (Official Phenix coin Poker Website)

Services provided after release:
Phenixst.com (http://Phenixst.com) (Phenix safe trade escrow was provided because of high demand not planned.)
explorer.phenix.com (http://explorer.phenix.com) (Block explorer)
forum.phenix.com (http://forum.phenix.com) (Official Phenix coin forum)

Services Planned to be released soon:
Phenixex.com (http://Phenixex.com) (Official phenix exchange will support many coins and is ready to be released soon)
Some other projects are also being worked on and some awesome deals are also finalizing behind the scenes. Just keep an eye on the official threads.(This is said by developers not me)

THE HARD FORK:

• Two weeks back a serious problem occurred when cryptsy.com (http://cryptsy.com) listed the coin. A massive wave of hashrate was pointed towards PXC because of high profitability and left PXC in a high difficulty and low hash rate problem( Same happened to FTC which took almost a month to be resolved). The developers took this matter seriously and left all other projects temporarily pending and started working hard to resolve this issue. They took a week for this and released a new client which solved the problem and it is most likely that it will never occur again.
• When they released the new client there was still some problem left in the code some where and created a new problem. The problem was that for some users the client was not syncing completely and was struck on a different block for different users. On the same day of releasing hard fork Iamatrix started working on this issue and released a new version of the client the next day. And finally this issue got resolved completely.
• Three- four days back there was another issue on all the Litecoin based clients. The problem was that the client was showing an annoying network alert warning users to update to the latest version of Litecoin client. I am proud to tell that PXC developers were the first one to resolve this issue.

QUESTIONS MOSTLY ASKED ABOUT PXC:

1)  Is PXC a closed source coin and is only made for use with developers own services and if not then where is the source?
Ans)  No, PXC is not a closed source coin it is an open source coin any one can use it any where and the link to source is Here. https://github.com/phenixcoin/Phenixcoin
2)  Is it a pump and dump scheme?
Ans)  No, It is not a pump and dump coin. Because developers invested their own money to start this project as a business. And any developer who makes a pump and dump coin neither waits for 2 Months nor does such kind of planning and hard work. You can see a list of servers they invested in before starting this project https://bitcointalk.org/index.php?topic=238367.msg2524170#msg2524170
3)  If the premine is not dumped then where is it being used?
Ans)  Premine is being used as a currency for Official websites and it is also used to make deals with different Companies which could use the coin as their currency. They are also being used to develop awesome new services and websites for PXC where it can be used. Many of the premined coins are used in the official casino website in the form of daily and weekly freerolls and will also be used in the Official Online Casino(Will support i-phone). In addition they are also being given away in this thread here

https://bitcointalk.org/index.php?topic=211180.0

And if a problem arises in the new services provided by PXC team and someone loses his/her coins because of that then the developers use the premined coins to help the person. They are always ready help the community.

WHERE TO BUY:
Currently PXC is only traded on Cryptsy.com (http://Cryptsy.com) but will also be traded on Phenixex.com (http://Phenixex.com)( Official Exchange) soon.

NEWS
PXC has just united with FTC and WDC. Which ensures better support and quality.

NOTE
This is just a summary of all the things PXC has gone through. Still there were lots of issues resolved by developers which are not Addressed here.

SOME FINAL WORDS:
Personally I think that this coin definitely has a great reason to invest in, It has a great future under the guidance of such developers. Trust me we could never have more better developers then them for any coin. And If I talk about premine then I think it is being used properly and honestly and more detail will be shared about the use of premine when the new projects have been released. They can't share the details about premine due to the risk of Ideas being stolen because if they share the detail they  will have to unveil lots of projects and deals they are working on and there. And of course sorry for the bad English it is my third language.[/list]

very good post

 :D

Nice post.. thank you..

How do you reconcile the high number of supporters with the very low hashrate of the coin? It just doesn't add up?

They're just waiting for the difficulty to go down in a few hours. I know I'll be switching all my miners over to pxc right before the retarget.

Very Nice Man

Now a days miners are really intelligent they mine the most profitable coin from coinchoose and convert those coins to a coin which they support. They want to hold lots of PXC in their wallets so when the difficult goes down hash rate normally goes above 400-500 with in half hour.

CoinChoose... People think they get rich by hopping over from most profitable coin to most profitable coin and then dumping them on a low volume exchange where they actually loose money because they can't dump for the price they thought they can.

They are not in for the long term, they don't have strong hands, they mine and sell dump, making a few bucks to pay for electricity and a Budweiser.
And after a few months they complain "I wish I had 2000 of these coins, I'm so unlucky  :'(".

Phenix hasn't even started yet, the project has some great things coming and now there is a developer merge between PXC, FTC and WDC too, so more places to spend for those 3 coins :)

Hey MaGNeT his question was about supporters VS hashrate. Not only about temporary hashers. Supporters are always with us they are trying to get their wallets full of PXC.

Well i just bought a btc worth, you sold me.

Cool! Spread the word!

I already mined 2.5k PXC. Now want some quick cash.

My advice is to hold for sometime i.e for 2 or more months. you will thank me for that. :)

Will do it. I will mine profitable coins to make some quick cash.

Sell on Cryptsy. Or hold as Nawa said. Holding is a better option imho.  ;)

Im holding all mine. Its exciting to see progress and dedication in one of these coins, unlike the other 99% out there.

I have been holding mine for two months now. And still keeping them PXC is not innovative but surely developers are.

Wow, Look at where PXC is on coinchoose (not that I believe you should use coinchoose to determine which coin you will mine, means nothing, but nice to see it at top)

Invite @nawazish1 to the developers's team!

Good post, thanks. The background infrastructure one of the best, but it still too volatile. (At this moment I keep my investments in BTB, NVC, and a little in BTG.)

Don't forget to get in at the right time. :)

Yikes, BTB ? really... I would get out of that while you can, and what the hell is BTG ? Is that the gem or emerald shit?
 No offense, I just like talking like a sailor.

Thanks for suggesting this. But I don't know even a single word of binary. So I don't think I could help in development.

You already helping PXC with your work.

I liked it.

You just have to type in 0 and 1. Not a big deal.  ;D ;D ;D

+1

A child could tell this  ;)

There are only 10 types of people in the world: those who understand binary, and those who don't.

What about the other eight?

Haha, best geek joke ever. :D

Really good joke but still want to know about the rest eight.

Take a look at the weekly charts sailor :). As you will see BTB doubled the gemshit tripled it's value. In the meantime almost all other coins have been on the roller-coaster between zero and next to zero. So I'll quit when the LTC hype will be over :).

BTB is a really long term investment and I was built to have more value then any other alt. With time people will forget the premine and start investing in BTB the developer is still active.

10 in binary is "2". Now read again  ;D

True, and also useful as a relative safe haven during big BTC price fluctuations. That's why I like PoS coins :).

I think the active developer is the key, therefore I agree with you, PXC has a future.

Lol. you are making me want to learn binary. just to make jokes. ;D

Yes, I think PXC will be the best investment. Because the price is very low now.

People would be crazy not to buy 1 or 2 BTC worth of PXC and hold them, for the great things to come  :)

And won't stay there forever. ;)

What are the plans for PhenixCoin on another exchange other than cryptsy?

We don't need an exchange now we need more services those exchanges will automatically add PXC when the value will increase. And Phenixcoin is going to have it's own exchange I have beta tested it and I think it will be the best exchange ever.

Is there a timeframe for the release of this exchange? Dont get me wrong, I love PXC, have much invested, but I dont hear a lot on here from the developers, most of what I hear them say is "we are working on it" or "exciting things coming" . Would be nice if they threw out some dates.

Here are some recent words from developer

the answer to your question is no.

Anyone want to sell me 147 PXC, in exchange for LTC, (so I can get to an even number) ? Bought from nviere !

Yes that's true and also good for us too we won't have to wait for a date instead we will get good news as a surprise.

Hello guys just a bump for those who want to convert from Bitcoin to Altcoin because of price drop.  ;)

PXC going to raise a lot of eyebrows soon.

would you mind posting this topic on www.altcointalk.co.uk thanks  :)

Why not. :)

I Love you Nawazish, non gay way of course! 10 is the digital equivalent of the number 2, so 10 in binary means 2 in decimal number system ...there are no 8 other ppl ;) ...

Nawazish makes good points, the best coin here in a long time.

Thanks for the reply. MaGNeT told me the answer. It was a really LoL moment for me. And yeah I Love you too the same way. ;) May God bless you and your family. I am waiting for some big good news from you guys.

Bump for those who want to become PXCian. Welcome to PXC :).

Thanks sir, Ill send a few your way.

Nawazish is a great PR / spokesperson  :)

:)

I am very excited about this coin! I will be implementing this coin into my dice game.

Guys I have a really good Idea of making an open source racing game which accepts PXC as game credits I don't know how to make games or I would have started doing this. This idea came from CRC(craftcoin) ;)

Microtransactoin scheme. Makes you rich.  :D

I just googled it. Why not we do it before EA can do it. ;) I wish I had learned game developement but in Pakistan there is no one who teaches this

Game developing is another dimension. Its not like a "simple" website to create. You need some extra skills to even begin, like really strong maths, decision theory, 3D / 2D graphics, modelling. But if you have skills, you can make yourself rich.

Read this story. :)

http://www.iphonesavior.com/2009/02/iphone-developer-one-month-half-a-million-dollars-richer.html

Give it free, and make people pay for something in the game. Profit! Nowadays microtransactions are great deals for the sellers.

I think by using an opensource game engine like UDK it is an easy task to achieve but still little bit programming is needed to add a payment system like PXC.

Whats the point of the coin which is not traded on BTC-E ??
NVC is the future. Period.

Not sure if serious. I guess this statement is tongue in cheek?

You cracked me up. :D

And how does this innovate over current cryptocurrencies (BTC/ LTC)? Oh that's right, it doesn't.

If you invest in this coin, you are just raising the price for the developer who has HEAVILY premined this coin before launch.

Just a warning before A LOT of people get burned. Do some research before investing.

No body is claiming that this coin is innovative. I also say that it is not innovative but the services which are planned will be new and innovative. And I also agree with that do your own research before investing this thread is for those who want information easily. I think all the coins should make these kinds of threads for easy info. With true words.

Include a bullet for:

paraphrasing iamatrix:

Currently having lawyers looking into the legality of hosting online gambling servers within the USA. If they cannot come up with a token scheme to evade the current laws and legal system, PXC cannot be used for gambling in the USA. All severs will be removed and moved to Canada or elsewhere and USA access to websites will be restricted.

Now you are on the trolls list.

Maybe an opportunity to start phenixvpn.com :)

Maybe a Unicorn VPN? Will send the authorities on a wild goose chase  ;D

+1

+0 to condoning illegal activity to skirt the law.

NWO, I'm disappointed in your FUD spreading about PXC. Yes, it's Fear Confusion and Doubt, because you have no proof whatsoever that "people are gonna get burned."  You seem like friendly and professional guy when I pm'ed with you a few months ago, but this bashing of competing coins is uncool, bro.

PXC per se does not innovate technically over LTC, it's a clone. It's slightly tweaked but nothing new. Why ? We don't need it. When our target audiences buy PXC to subscribe to content, buy products or use services, they're not going to ask ;

 "What does this coin do that BTC/LTC can't do ?"

They're going to ask ;

"How does this coin it help me ? How will it make me money ?"

The  mainstream user doesn't care about the technical specs of the coin. All he cares about is it's practical value will be. The world is changing man, there's enough room for many cryptocoins, as long as they have practical uses.

The pre-mine is solely for promotional use. Hundreds of thousands have already been given away in freerolls at Phenixpoker.com and more will be used for future promotions, like the 25k freeroll that will start when current priorities have been dealt with.

Phenix ( JohnCar's COMPANY not just a copy-pastecoin ! ) has made significant investments to get up and running. Lawyers, hosting, contracts with partners, expensive FINCEN compliance... the list goes on. The pre-mine is peanuts compared to that. He would never break even.

Ask yourself this... what's more desirable a goal : to make a couple of thousands of dollars with a pump and dump scheme that takes months to prepare, or to build a successful crypto coin empire that will dominate the crypto crypto coin world and beyond ? What we're seeing here are the first baby steps.

And as I've said many times before : Don't buy PXC because other people tell you to. NWO's advice is sound, do your own research. Don't hold us responsible if your coin doesn't double in value over night. We're not pushing a speculative coin.

PXC will be bought on it's own merit, because it will have value. The value will come from utility, not speculation.

But that's exactly the impression you guys leave. I read in nearly every thread, even when it's not about unocs, pxc or ftc sentences like these:






Not pushing, aight?

Just because someone takes a risk and financially invests into something does not mean that it is obligated to make a penny. The arrogance behind 99% of the people involved makes me sick. A copy-paste coin with a business plan of long-term revenue streams through micro-transactions derived from services is still a copy-paste coin.

We're not pushing a speculative coin, we're enthusiastic about our coin because we believe in it's future.

This is not an unofficial thread so don't add it to official ones. Your are totally blind man. You didn't even bothered to read the note on top of this thread. I love this coins so I made this thread.

You have crossed the line between discussion and trolling, good sir.
You're putting words in my mouth, and pretend to know our business plan.

Where did I say it's obligated to make money ? Where did you find our business plan ? You've only seen the tip of the iceberg.

Please post something constructive if you want a reply.

Welcome to my trolls list. you are no different then them.

'PXC per se does not innovate technically over LTC, it's a clone. It's slightly tweaked but nothing new. Why ? We don't need it. When our target audiences buy PXC to subscribe to content, buy products or use services, they're not going to ask ;' - you


'Phenix ( JohnCar's COMPANY not just a copy-pastecoin ! ) has made significant investments to get up and running. Lawyers, hosting, contracts with partners, expensive FINCEN compliance... the list goes on. The pre-mine is peanuts compared to that. He would never break even.

Ask yourself this... what's more desirable a goal : to make a couple of thousands of dollars with a pump and dump scheme that takes months to prepare, or to build a successful crypto coin empire that will dominate the crypto crypto coin world and beyond ? What we're seeing here are the first baby steps.' - you again

Who is the troll?

You are. Go back to promoting MEC, the coin where 50% of it's entirety will be held by whoever mined in the first few months...

...and you come here calling PXC (2% mined so far) a pump and dump!  ::)

This is not trolling. He made some legit comments what reflects the opinion of many of us. Until now we seen lots of hype, heard about tons of good looking plans... without any really great results. Some of us getting inpatient.

Sorry to say but this is the wrong place for impatient people. The things they have promised of are not a childs play.

And of course he is trolling. He is saying that a person who has invested money and hard work in a project doesn't deserve returns.

SO what is MEGACOIN. ???

The first scrypt-based coin built on BTC's latest code. But I am not here to discuss MEC, there is a forum for that elsewhere. I am here to discuss PXC.

There is a forum for that elsewhere.  http://forum.phenixcoin.com/

Not sure trolls are invited, but give it a shot. 

Sorry to say, but if it's not a child's play then you guys should be less impulsive with the "breaking news". Plan things properly, test it and when everything working then announce and release it. Unlike this ongoing mess around the new UNOCS service...

Actually I'm appreciate this fumbling as it's constant opportunity to buy cheap PXC and then dump it after the latest breaking news :).

Kangaroo Court

Mistakes are a part of life and lesson has been learned so next time you won't see anything like this.

A copy-paste coin even if it is copied from Bitcoin code is still a copy-paste coin 8)


Edit for you. I am here to troll. ;D

Here fixed it for you:


Now you just look like a hypocrite.

Maybe implementing some project management methodology and/or hiring a project manger (a real one) would be a good idea :).

Good Idea but I think they won't be needing that.

Indeed... I see :). OK. Never mind.... and good luck with your project :)

Thanks for the good luck but I am not a part of this project. I am just a supporter. :)

Rather, I actually look like an educated coin investor. It is something completely unique and never done. If you are aware, BTC is SHA256 and LTC copy coins are Scrypt. This means that the code was actually done by hand and requires a lot of development skill. BTC does not convert to scrypt easily.

Continue trolling 'the trolls'.

No this means developer wasted time on useless thing. Average user never cares about technical innovations. He just sees what services he will be able to use or how the crypto is going to benefit him. I mean come on guys when you guys use your dollars do you ever see what machine has made it or do you even care about serial no. If no then why here.

Lets stop this bashing other coins to promote your own. Lets combine the power and show a positive image of cryptos to the world. Support each other. MEC is no doubt a good coin.

Well said nawazish :)

The more people start bashing you, the more it shows they see you as a danger.

Well, PXC is not ment to be a danger. We are only here to help strengthen the community, attract more people to the world of crypto currency, hence the PhenixEx exchange that may host your beloved coins too, or the UNOCS bridge that takes payments to another level.

We have dedicated developers and a dedicated community :)

One promise we make for our coming projects: next time we just deliver, no more counters! ;D

I love you guys!  :)

I had a LOL moment there :D

I'm not spreading FUD, I'm sorry you feel that way. If anything these relentless posts about PXC and UNOCS (I think that's the name?) keep hyping the opposite and people need another perspective. There is nothing wrong with the facts, I did not try to spread any made up stories.

From my reply:

- It is risky investing in PXC (TRUE)
- There is a heavy premine (TRUE)

Just like any cryptocurrency (not only PXC), we are still only in the experimental stage and people need to know this. A few thousand people on a forum is not mainstream and there are still A LOT of issues which need to be addressed.

That's all great about John and his company, but it looks to me and possibly others is that he had a bit of money in the first place, saw this as an investment opportunity with little prior crypto knowledge, invested money to create PXC which in turn will make him very wealthy while burning everyone who invested.

But I won't judge you from your reply, I still think you are an extremely nice individual  ;D

How are you so sure about the burning part?? ??? You don't know him personally or whats on his mind.  I would suggest you to wait for the release of UNOCS bridge and then we will talk again.

As stated in my follow up sentence the risk is not exclusive to PXC. I think everyone should conduct their due diligence before making an investment. A lot of people would go astray on the internet if they put their trust on words... (Pirate case anyone?)

Like I said, I'm not trying to spread FUD, I'm just giving another perspective on all of these hype posts. 

Well you are right that people should do their own research. I agree with that. On the side note this thread was never meant to create hype about PXC. It is just a short history of PXC in other words you can call it promoting. I think should consider changing the name of the thread.

Glad we all agree then :)

Yup all are agreed now. :)

Here is an update on UNOCS by Iamatrix. also present on the site.

Notice - Wrapping up a few items to make sure it is launched to meet Phenix's high standards. We apologize for the delay, we look forward to sharing this resource once it's complete. Thank you for your patience. ~iamatrix

Phenix Coin scammers stole > 10BTC from me.. F you all!

So we now all agree that I was right? Thanks.

For those who listened to me, congratulations.