Bitcoin Forum

Alternate cryptocurrencies => Altcoin Discussion => Topic started by: mike85123 on August 17, 2011, 06:02:31 PM



Title: i0 Coin Exchange
Post by: mike85123 on August 17, 2011, 06:02:31 PM
Offline for everyone?  I hope DoubleC didn't disappear with all of our $$$$$. [EDIT -> DoubleC disappearing with our $$ was a joke.  Take it as such]


Title: Re: i0 Coin Exchange
Post by: Mousepotato on August 17, 2011, 06:06:23 PM
Probably being DDoS'd since the i0c->BTC exchange rate was plummeting.


Title: Re: i0 Coin Exchange
Post by: caish5 on August 17, 2011, 06:09:34 PM
offline for me too


Title: Re: i0 Coin Exchange
Post by: mike85123 on August 17, 2011, 06:09:42 PM
Weird... His IX exchange is still up. I would have guessed they would have been on the same hardware (one down, they are both down).


Title: Re: i0 Coin Exchange
Post by: CosicMiner on August 17, 2011, 06:10:44 PM
is it hacked?


Title: Re: i0 Coin Exchange
Post by: joulesbeef on August 17, 2011, 06:18:17 PM
Probably being DDoS'd since the i0c->BTC exchange rate was plummeting.

hardly

yeah it dropped from a high of .006 or so to .0027 but that was hardly a plummet and perfectly expected and still worth more than ixcoins.
Maybe you are right, people tend to panic, especially amateur traders... But i can tell you this.. the site was being "ddos's" the second that they opened up deposits for i0coin.. especially with that 2000 confirmation limit.

he probably has some i0specific issues. I do know the wallet addies i generated werent accepted every time at the pools.. perhaps some other bug.. i doubt it was ddos.


Title: Re: i0 Coin Exchange
Post by: xtoro on August 17, 2011, 06:20:14 PM
Hasn't dropped for me for a second... I can tell when the fans on my cards slow down because it gets eerily quiet lol


Title: Re: i0 Coin Exchange
Post by: mike85123 on August 17, 2011, 06:22:19 PM
Before the launch, he did say the coind was locking up on him randomly for no reason. If it is a technical issue, a banner on the page would be nice instead of it just being unreachable.


Title: Re: i0 Coin Exchange
Post by: mike85123 on August 17, 2011, 06:23:06 PM
Hasn't dropped for me for a second... I can tell when the fans on my cards slow down because it gets eerily quiet lol
We are talking about the exchange (not his pool - if that is what you are thinking about) which wouldn't have anything to do with your mining or fans.


Title: Re: i0 Coin Exchange
Post by: smoothie on August 17, 2011, 06:25:41 PM
Hasn't dropped for me for a second... I can tell when the fans on my cards slow down because it gets eerily quiet lol
We are talking about the exchange (not his pool - if that is what you are thinking about) which wouldn't have anything to do with your mining or fans.

It appears his exchange site and pool site is on the same server and are currently both down. DoubleC can we get an update? Thanks ;D


Title: Re: i0 Coin Exchange
Post by: mike85123 on August 17, 2011, 06:30:50 PM
Hasn't dropped for me for a second... I can tell when the fans on my cards slow down because it gets eerily quiet lol
We are talking about the exchange (not his pool - if that is what you are thinking about) which wouldn't have anything to do with your mining or fans.

It appears his exchange site and pool site is on the same server and are currently both down.

Ahh I see what Toro was saying.  But he said he is still chugging away on his pool.


Title: Re: i0 Coin Exchange
Post by: twobits on August 17, 2011, 06:45:17 PM
Before the launch, he did say the coind was locking up on him randomly for no reason. If it is a technical issue, a banner on the page would be nice instead of it just being unreachable.

It seems i0coin was made with a branch of bitcoin that has known locking issues when it generates new a new address.
So it may just have a reason.



Title: Re: i0 Coin Exchange
Post by: mike85123 on August 17, 2011, 06:54:17 PM
My i0coin.exe running in server mode locks up about every 20 mins for no reason. If it is just bitcoin with some words and numbers changes, why the hell is it not a stable...


Title: Re: i0 Coin Exchange
Post by: smoothie on August 17, 2011, 07:03:38 PM
My i0coin.exe running in server mode locks up about every 20 mins for no reason. If it is just bitcoin with some words and numbers changes, why the hell is it not a stable...

Mine seems to do the same thing. My client running as the server on one machine will have the application open but my miners that connect to that server end up having "connection problems". So I have to kill the process and restart it. Seems to happen every 4 to 8 hours of mining.


Title: Re: i0 Coin Exchange
Post by: dree12 on August 17, 2011, 07:06:20 PM
It's a newer version of bitcoin (0.3.25 rather than .24) that's still under development. So it won't be as stable as bitcoin, but you get wallet encryption.


Title: Re: i0 Coin Exchange
Post by: twobits on August 17, 2011, 07:07:54 PM
My i0coin.exe running in server mode locks up about every 20 mins for no reason. If it is just bitcoin with some words and numbers changes, why the hell is it not a stable...

Gee just read one post up.  Work on your reading skill a bit, you may learn more then posting more worthless posts.


Title: Re: i0 Coin Exchange
Post by: mike85123 on August 17, 2011, 07:12:01 PM
My i0coin.exe running in server mode locks up about every 20 mins for no reason. If it is just bitcoin with some words and numbers changes, why the hell is it not a stable...

Gee just read one post up.  Work on your reading skill a bit, you may learn more then posting more worthless posts.


My issue is totally unrelated to generating addresses you fuck.  My i0coin.exe locks up while just sitting there doing nothing but downloading the blockchain. Guess you are just pissed you can't spell malice... And you are probably really pissed that you don't know any grammar whatsoever. 'may learn more then posting more worthless posts' doesn't make any sense.


Title: Re: i0 Coin Exchange
Post by: mike85123 on August 17, 2011, 07:16:06 PM
It's a newer version of bitcoin (0.3.25 rather than .24) that's still under development. So it won't be as stable as bitcoin, but you get wallet encryption.
I have a feeling that most everyone would rather a stable client and no encryption than an unstable client with encryption. Can't mine coins when the client locks up, therefore no coins to encrypt.

Anyway to have the i0 guys 'port' i0 to the stable 0.3.24 release?


Title: Re: i0 Coin Exchange
Post by: twobits on August 17, 2011, 07:17:26 PM
My i0coin.exe running in server mode locks up about every 20 mins for no reason. If it is just bitcoin with some words and numbers changes, why the hell is it not a stable...

Gee just read one post up.  Work on your reading skill a bit, you may learn more then posting more worthless posts.


My issue is totally unrelated to generating addresses you fuck.  My i0coin.exe locks up while just sitting there doing nothing but downloading the blockchain. Guess you are just pissed you can't spell malice... And you are probably really pissed that you don't know any grammar whatsoever. 'may learn more then posting more worthless posts' doesn't make any sense.


I would say are the one pissed.  That is the known case of it locking up.   Does not mean more do not exist.   Would hardly be suprising now would it.  In this case the issue was the exchange coind frezing though was it not?  Going to tell me it is not generating new addresses?     It makes sense,  but not till you improve your ability to comprehend.


Title: Re: i0 Coin Exchange
Post by: Tasty Champa on August 17, 2011, 07:19:20 PM
who the fuck do you guys 0we?


Title: Re: i0 Coin Exchange
Post by: twobits on August 17, 2011, 07:24:27 PM
It's a newer version of bitcoin (0.3.25 rather than .24) that's still under development. So it won't be as stable as bitcoin, but you get wallet encryption.
I have a feeling that most everyone would rather a stable client and no encryption than an unstable client with encryption. Can't mine coins when the client locks up, therefore no coins to encrypt.

Anyway to have the i0 guys 'port' i0 to the stable 0.3.24 release?

Yes.  It is also easy enough to do yourself.  You could also use the alternative client instead.


Title: Re: i0 Coin Exchange
Post by: kr105 on August 17, 2011, 07:36:25 PM
It's a newer version of bitcoin (0.3.25 rather than .24) that's still under development. So it won't be as stable as bitcoin, but you get wallet encryption.
I have a feeling that most everyone would rather a stable client and no encryption than an unstable client with encryption. Can't mine coins when the client locks up, therefore no coins to encrypt.

Anyway to have the i0 guys 'port' i0 to the stable 0.3.24 release?
Great idea, i'll work on that :)


Title: Re: i0 Coin Exchange
Post by: shotgun on August 17, 2011, 07:39:15 PM
My i0coin.exe running in server mode locks up about every 20 mins for no reason. If it is just bitcoin with some words and numbers changes, why the hell is it not a stable...

Gee just read one post up.  Work on your reading skill a bit, you may learn more then posting more worthless posts.


My issue is totally unrelated to generating addresses you fuck.  My i0coin.exe locks up while just sitting there doing nothing but downloading the blockchain. Guess you are just pissed you can't spell malice... And you are probably really pissed that you don't know any grammar whatsoever. 'may learn more then posting more worthless posts' doesn't make any sense.


I would say are the one pissed.  That is the known case of it locking up.   Does not mean more do not exist.   Would hardly be suprising now would it.  In this case the issue was the exchange coind frezing though was it not?  Going to tell me it is not generating new addresses?     It makes sense,  but not till you improve your ability to comprehend.


Neither of you are discussing the topic of the thread, go abuse each other somewhere else.


Title: Re: i0 Coin Exchange
Post by: mike85123 on August 17, 2011, 07:41:43 PM
My i0coin.exe running in server mode locks up about every 20 mins for no reason. If it is just bitcoin with some words and numbers changes, why the hell is it not a stable...

Gee just read one post up.  Work on your reading skill a bit, you may learn more then posting more worthless posts.


My issue is totally unrelated to generating addresses you fuck.  My i0coin.exe locks up while just sitting there doing nothing but downloading the blockchain. Guess you are just pissed you can't spell malice... And you are probably really pissed that you don't know any grammar whatsoever. 'may learn more then posting more worthless posts' doesn't make any sense.


I would say are the one pissed.  That is the known case of it locking up.   Does not mean more do not exist.   Would hardly be suprising now would it.  In this case the issue was the exchange coind frezing though was it not?  Going to tell me it is not generating new addresses?     It makes sense,  but not till you improve your ability to comprehend.


I am not saying that the coind isn't locking up when generating new addresses. I understand that that is a known issue. I was just trying to put my OTHER issue out there to see if others were having the same problem.


Title: Re: i0 Coin Exchange
Post by: Litt on August 17, 2011, 07:44:12 PM
well that's the end of i0coin i guess. It's done it's job. it's killed ix pretty much. Now we just gotta let i0 die it's natural death.


Title: Re: i0 Coin Exchange
Post by: toasty on August 17, 2011, 07:47:52 PM
i0coind also seems to have a bug regarding it's NTP implementation.

One of the changes between i0coin and bitcoin was that it was trying to keep the clock more accurate by polling an NTP time server every 5 minutes. It looks like the code to do this isn't very well thought out, and will hang if the ntp server it randomly picks doesn't respond. It doesn't retry, and it doesn't give up after a while, it just freezes.

Since it's choosing a different NTP server each time from a random pool of volunteer NTP servers on the internet, it's not improbable that one of them will stop responding occasionally. Eventually all iocoind processes will hang due to this.


Title: Re: i0 Coin Exchange
Post by: joker060 on August 17, 2011, 07:50:34 PM
Would still be nice to get into the Exchange to get my BTC out....   :-\


Title: Re: i0 Coin Exchange
Post by: Mousepotato on August 17, 2011, 08:11:56 PM
hardly

yeah it dropped from a high of .006 or so to .0027 but that was hardly a plummet and perfectly expected and still worth more than ixcoins.
Maybe you are right, people tend to panic, especially amateur traders... But i can tell you this.. the site was being "ddos's" the second that they opened up deposits for i0coin.. especially with that 2000 confirmation limit.

Actually Ixcoins are still worth more.  Last I saw, back when the exchange was still up, I0Coins were around .0023XXXX while Ixcoins are at .0015XXXX right now.  So that means  an I0C block is worth roughly .1104 BTC, while an IXC block is worth .1440 BTC (48 I0Coins per block vs. 96 IXCoins per block).  Logically I0Coins should be twice the value of Ixcoins, and I'm sure we'll eventually reach that equilibrium somewhere down the line.  Right now though, I think we're seeing (or were seeing anyway) a lot of people just trying to cash in and make a quick BTC.  If anything .0023XXXX is bargain and I'm tempted to buy a few thousand once the exchange comes back up.


Title: Re: i0 Coin Exchange
Post by: smoothie on August 17, 2011, 08:16:11 PM
hardly

yeah it dropped from a high of .006 or so to .0027 but that was hardly a plummet and perfectly expected and still worth more than ixcoins.
Maybe you are right, people tend to panic, especially amateur traders... But i can tell you this.. the site was being "ddos's" the second that they opened up deposits for i0coin.. especially with that 2000 confirmation limit.

Actually Ixcoins are still worth more.  Last I saw, back when the exchange was still up, I0Coins were around .0023XXXX while Ixcoins are at .0015XXXX right now.  So that means  an I0C block is worth roughly .1104 BTC, while an IXC block is worth .1440 BTC (48 I0Coins per block vs. 96 IXCoins per block).  Logically I0Coins should be twice the value of Ixcoins, and I'm sure we'll eventually reach that equilibrium somewhere down the line.  Right now though, I think we're seeing (or were seeing anyway) a lot of people just trying to cash in and make a quick BTC.  If anything .0023XXXX is bargain and I'm tempted to buy a few thousand once the exchange comes back up.

+1

My reasons here are that when the difficulty of each network becomes relatively the same there will be more than 2 times the amount of ixc than i0c which says that the general value of an i0c should be more than 2x that of an ixc.

0.0023 is a bargain. Bought about 5000i0c right before the exchange went down.


Title: Re: i0 Coin Exchange
Post by: smoothie on August 17, 2011, 08:49:50 PM
Take it you people don't know it is before 9 am as I post where he lives. Give the man time to wake up and get his shit together then I would imagine he will get the exchange back up he is always good at getting done what needs to be done and the idea as was expressed that he made off with the coin is just disgusting he is not some f'n rip off artist...

We know. No need to be giving a pep talk. We're cool  8)


Title: Re: i0 Coin Exchange
Post by: btc-e.com on August 17, 2011, 09:11:40 PM
I0C\BTC trades live now at https://btc-e.com/ (https://btc-e.com/)

0.1% fee


Title: Re: i0 Coin Exchange
Post by: Roland68 on August 17, 2011, 09:32:44 PM
I0C\BTC trades live now at https://btc-e.com/ (https://btc-e.com/)

0.1% fee


Yes intersting ... still to much cyrillic caracters showing up on the english page ... good work aniway


Title: Re: i0 Coin Exchange
Post by: kano on August 17, 2011, 09:46:59 PM
Yeah read the first post again - it was a joke about doublec - I'm sure no one who's seen him in irc is is worried :)
( arrrggghhh all my i0coins are there! ) :)
I only spoke to him for the first time yesterday and I'm not worried.

I messed up with the exchange yesterday (my mistake) but it didn't take long to contact him and he fixed it up straight away.

The comments about i0coin using some 0.3.25 beta rather than 0.3.24 probably explains it all ....

Anyway - give the man some time to fix it.
NZ time is GMT+12 maybe he sleeps in :)


Title: Re: i0 Coin Exchange
Post by: bcpokey on August 17, 2011, 09:55:59 PM
hardly

yeah it dropped from a high of .006 or so to .0027 but that was hardly a plummet and perfectly expected and still worth more than ixcoins.
Maybe you are right, people tend to panic, especially amateur traders... But i can tell you this.. the site was being "ddos's" the second that they opened up deposits for i0coin.. especially with that 2000 confirmation limit.

Actually Ixcoins are still worth more.  Last I saw, back when the exchange was still up, I0Coins were around .0023XXXX while Ixcoins are at .0015XXXX right now.  So that means  an I0C block is worth roughly .1104 BTC, while an IXC block is worth .1440 BTC (48 I0Coins per block vs. 96 IXCoins per block).  Logically I0Coins should be twice the value of Ixcoins, and I'm sure we'll eventually reach that equilibrium somewhere down the line.  Right now though, I think we're seeing (or were seeing anyway) a lot of people just trying to cash in and make a quick BTC.  If anything .0023XXXX is bargain and I'm tempted to buy a few thousand once the exchange comes back up.

+1

My reasons here are that when the difficulty of each network becomes relatively the same there will be more than 2 times the amount of ixc than i0c which says that the general value of an i0c should be more than 2x that of an ixc.

0.0023 is a bargain. Bought about 5000i0c right before the exchange went down.

I'm not sure why people continually equate difficulty and generation with value. You're a namecoin miner, did namecoin value shoot up tremendously when the difficulty shot up and simultaneously all the miners dropped out, squeezing the generation rate to almost nothing? If two nearly identical coin systems differ only in that one generates twice as many  coins as the other, there is no logical reason why they would have a similarly matched coin value.

Price is far more dependent on peoples 'faith' and interest in the coin itself than any other characteristic like difficulty, amount generated and whatnot. Supply and demand aren't enough, as evidenced by the history of bitcoin (and its forks).


Title: Re: i0 Coin Exchange
Post by: smoothie on August 17, 2011, 09:57:42 PM
hardly

yeah it dropped from a high of .006 or so to .0027 but that was hardly a plummet and perfectly expected and still worth more than ixcoins.
Maybe you are right, people tend to panic, especially amateur traders... But i can tell you this.. the site was being "ddos's" the second that they opened up deposits for i0coin.. especially with that 2000 confirmation limit.

Actually Ixcoins are still worth more.  Last I saw, back when the exchange was still up, I0Coins were around .0023XXXX while Ixcoins are at .0015XXXX right now.  So that means  an I0C block is worth roughly .1104 BTC, while an IXC block is worth .1440 BTC (48 I0Coins per block vs. 96 IXCoins per block).  Logically I0Coins should be twice the value of Ixcoins, and I'm sure we'll eventually reach that equilibrium somewhere down the line.  Right now though, I think we're seeing (or were seeing anyway) a lot of people just trying to cash in and make a quick BTC.  If anything .0023XXXX is bargain and I'm tempted to buy a few thousand once the exchange comes back up.

+1

My reasons here are that when the difficulty of each network becomes relatively the same there will be more than 2 times the amount of ixc than i0c which says that the general value of an i0c should be more than 2x that of an ixc.

0.0023 is a bargain. Bought about 5000i0c right before the exchange went down.

I'm not sure why people continually equate difficulty and generation with value. You're a namecoin miner, did namecoin value shoot up tremendously when the difficulty shot up and simultaneously all the miners dropped out, squeezing the generation rate to almost nothing? If two nearly identical coin systems differ only in that one generates twice as many  coins as the other, there is no logical reason why they would have a similarly matched coin value.

Price is far more dependent on peoples 'faith' and interest in the coin itself than any other characteristic like difficulty, amount generated and whatnot. Supply and demand aren't enough, as evidenced by the history of bitcoin (and its forks).

You have a point. I think it is both what I said and what you presented here as well.

Given i0coin solves some of the bitcoin client issues I'd say there is some value even if it were considered a test network over ixcoin which doesn't do a damn thing but transfer wealth.


Title: Re: i0 Coin Exchange
Post by: bcpokey on August 17, 2011, 10:04:28 PM
hardly

yeah it dropped from a high of .006 or so to .0027 but that was hardly a plummet and perfectly expected and still worth more than ixcoins.
Maybe you are right, people tend to panic, especially amateur traders... But i can tell you this.. the site was being "ddos's" the second that they opened up deposits for i0coin.. especially with that 2000 confirmation limit.

Actually Ixcoins are still worth more.  Last I saw, back when the exchange was still up, I0Coins were around .0023XXXX while Ixcoins are at .0015XXXX right now.  So that means  an I0C block is worth roughly .1104 BTC, while an IXC block is worth .1440 BTC (48 I0Coins per block vs. 96 IXCoins per block).  Logically I0Coins should be twice the value of Ixcoins, and I'm sure we'll eventually reach that equilibrium somewhere down the line.  Right now though, I think we're seeing (or were seeing anyway) a lot of people just trying to cash in and make a quick BTC.  If anything .0023XXXX is bargain and I'm tempted to buy a few thousand once the exchange comes back up.

+1

My reasons here are that when the difficulty of each network becomes relatively the same there will be more than 2 times the amount of ixc than i0c which says that the general value of an i0c should be more than 2x that of an ixc.

0.0023 is a bargain. Bought about 5000i0c right before the exchange went down.

I'm not sure why people continually equate difficulty and generation with value. You're a namecoin miner, did namecoin value shoot up tremendously when the difficulty shot up and simultaneously all the miners dropped out, squeezing the generation rate to almost nothing? If two nearly identical coin systems differ only in that one generates twice as many  coins as the other, there is no logical reason why they would have a similarly matched coin value.

Price is far more dependent on peoples 'faith' and interest in the coin itself than any other characteristic like difficulty, amount generated and whatnot. Supply and demand aren't enough, as evidenced by the history of bitcoin (and its forks).

You have a point. I think it is both what I said and what you presented here as well.

Given i0coin solves some of the bitcoin client issues I'd say there is some value even if it were considered a test network over ixcoin which doesn't do a damn thing but transfer wealth.

Agreed, i0coin has a lot more behind it than ixcoin, which is why I got interested in it more than ixcoin, which bugs me. Personally if I had to choose one fork to survive though, it would probably be namecoin, as I prefer the gradual tapering off of generation concept, since tx fees don't seem to be anywhere near ready to takeover. We'll see though, I'll be watching with interest.


Title: Re: i0 Coin Exchange
Post by: Oldminer on August 17, 2011, 10:22:43 PM
hardly

yeah it dropped from a high of .006 or so to .0027 but that was hardly a plummet and perfectly expected and still worth more than ixcoins.
Maybe you are right, people tend to panic, especially amateur traders... But i can tell you this.. the site was being "ddos's" the second that they opened up deposits for i0coin.. especially with that 2000 confirmation limit.

Actually Ixcoins are still worth more.  Last I saw, back when the exchange was still up, I0Coins were around .0023XXXX while Ixcoins are at .0015XXXX right now.  So that means  an I0C block is worth roughly .1104 BTC, while an IXC block is worth .1440 BTC (48 I0Coins per block vs. 96 IXCoins per block).  Logically I0Coins should be twice the value of Ixcoins, and I'm sure we'll eventually reach that equilibrium somewhere down the line.  Right now though, I think we're seeing (or were seeing anyway) a lot of peoploe just trying to cash in and make a quick BTC.  If anything .0023XXXX is bargain and I'm tempted to buy a few thousand once the exchange comes back up.

+1

My reasons here are that when the difficulty of each network becomes relatively the same there will be more than 2 times the amount of ixc than i0c which says that the general value of an i0c should be more than 2x that of an ixc.

0.0023 is a bargain. Bought about 5000i0c right before the exchange went down.

I'm not sure why people continually equate difficulty and generation with value. You're a namecoin miner, did namecoin value shoot up tremendously when the difficulty shot up and simultaneously all the miners dropped out, squeezing the generation rate to almost nothing? If two nearly identical coin systems differ only in that one generates twice as many  coins as the other, there is no logical reason why they would have a similarly matched coin value.

Price is far more dependent on peoples 'faith' and interest in the coin itself than any other characteristic like difficulty, amount generated and whatnot. Supply and demand aren't enough, as evidenced by the history of bitcoin (and its forks).

You have a point. I think it is both what I said and what you presented here as well.

Given i0coin solves some of the bitcoin client issues I'd say there is some value even if it were considered a test network over ixcoin which doesn't do a damn thing but transfer wealth.

So what exactly does Iocoin do except offer encrypted wallet functionality  ???


Title: Re: i0 Coin Exchange
Post by: pbj sammich on August 17, 2011, 10:28:50 PM
So what exactly does Iocoin do except offer encrypted wallet functionality  ???


You mean besides not being pre-mined for 500,000 + coins to the creator prior to launch?



Title: Re: i0 Coin Exchange
Post by: dub0matic on August 17, 2011, 10:32:11 PM
So what exactly does Iocoin do except offer encrypted wallet functionality  ???


You mean besides not being pre-mined for 500,000 + coins to the creator prior to launch?


this oldminer is stuck on iXcoins nuts everyone know who you really are. dont be jelly cause your scam is over


Title: Re: i0 Coin Exchange
Post by: kano on August 17, 2011, 10:35:27 PM

So what exactly does Iocoin do except offer encrypted wallet functionality  ???
I'd go with more of what it doesn't do.
IXCoin was created as a fraud to make it's creator money ... yeah my usual comment: 580K coins
I0coin wasn't done that way.

For me, just making that one change made the difference between completely ignoring a new hash-chain and getting involved in it.

When mining was opened in I0Coin it was those with the best rigs who got the most coins ... and some who ran the better software :)
Now I'm not sure if anyone is still bitching about that ... but seriously what else would you expect for ANY new block-chain?

IXCoin was also a messed up version of the bitcoin/bitcoind software by someone who didn't fully understand what they were doing.
As attested by issues such as his stupid currency graph that was wrong, the problems with allowing bitcoin addresses into the interface and also (related to the graph) the complete misunderstanding of how the 21,000,000 limit works (there were others also?)


Title: Re: i0 Coin Exchange
Post by: pbj sammich on August 17, 2011, 10:36:20 PM
So what exactly does Iocoin do except offer encrypted wallet functionality  ???


You mean besides not being pre-mined for 500,000 + coins to the creator prior to launch?


this oldminer is stuck on iXcoins nuts everyone know who you really are. dont be jelly cause your scam is over

yeah i know, but the continuous omission of this fact is funny to me



Title: Re: i0 Coin Exchange
Post by: smoothie on August 17, 2011, 10:38:00 PM
hardly

yeah it dropped from a high of .006 or so to .0027 but that was hardly a plummet and perfectly expected and still worth more than ixcoins.
Maybe you are right, people tend to panic, especially amateur traders... But i can tell you this.. the site was being "ddos's" the second that they opened up deposits for i0coin.. especially with that 2000 confirmation limit.

Actually Ixcoins are still worth more.  Last I saw, back when the exchange was still up, I0Coins were around .0023XXXX while Ixcoins are at .0015XXXX right now.  So that means  an I0C block is worth roughly .1104 BTC, while an IXC block is worth .1440 BTC (48 I0Coins per block vs. 96 IXCoins per block).  Logically I0Coins should be twice the value of Ixcoins, and I'm sure we'll eventually reach that equilibrium somewhere down the line.  Right now though, I think we're seeing (or were seeing anyway) a lot of peoploe just trying to cash in and make a quick BTC.  If anything .0023XXXX is bargain and I'm tempted to buy a few thousand once the exchange comes back up.

+1

My reasons here are that when the difficulty of each network becomes relatively the same there will be more than 2 times the amount of ixc than i0c which says that the general value of an i0c should be more than 2x that of an ixc.

0.0023 is a bargain. Bought about 5000i0c right before the exchange went down.

I'm not sure why people continually equate difficulty and generation with value. You're a namecoin miner, did namecoin value shoot up tremendously when the difficulty shot up and simultaneously all the miners dropped out, squeezing the generation rate to almost nothing? If two nearly identical coin systems differ only in that one generates twice as many  coins as the other, there is no logical reason why they would have a similarly matched coin value.

Price is far more dependent on peoples 'faith' and interest in the coin itself than any other characteristic like difficulty, amount generated and whatnot. Supply and demand aren't enough, as evidenced by the history of bitcoin (and its forks).

You have a point. I think it is both what I said and what you presented here as well.

Given i0coin solves some of the bitcoin client issues I'd say there is some value even if it were considered a test network over ixcoin which doesn't do a damn thing but transfer wealth.

So what exactly does Iocoin do except offer encrypted wallet functionality  ???

Yup not having 580k premined coins for one "developer" who did not do a damn thing to make the cryptocurrency better is better.

I rather have an even playing field than have that load of crap.

What exactly does ixcoins offer over i0coins? More coins per block? LAWL! :D


Title: Re: i0 Coin Exchange
Post by: pbj sammich on August 17, 2011, 10:39:58 PM
Personally I think the difficulty retargeting adjustments are the most important new feature.


Title: Re: i0 Coin Exchange
Post by: Mousepotato on August 17, 2011, 11:16:14 PM
I hope we didn't just get scammed out of our i0/BTC :(


Title: Re: i0 Coin Exchange
Post by: dub0matic on August 17, 2011, 11:22:27 PM
I hope we didn't just get scammed out of our i0/BTC :(
it doesnt look good atm. it sucks i just put 100 i0c right before it went byebye. guess time will tell


Title: Re: i0 Coin Exchange
Post by: Oldminer on August 17, 2011, 11:28:48 PM


Yup not having 580k premined coins for one "developer" who did not do a damn thing to make the cryptocurrency better is better.

I rather have an even playing field than have that load of crap.

What exactly does ixcoins offer over i0coins? More coins per block? LAWL! :D

LOL..your only pissed off with ixcoins because the person that got to keep the coins wasnt you



Title: Re: i0 Coin Exchange
Post by: smoothie on August 17, 2011, 11:33:51 PM


Yup not having 580k premined coins for one "developer" who did not do a damn thing to make the cryptocurrency better is better.

I rather have an even playing field than have that load of crap.

What exactly does ixcoins offer over i0coins? More coins per block? LAWL! :D

LOL..your only pissed off with ixcoins because the person that got to keep the coins wasnt you



Nope. In fact with one day's worth of mining I made 222 btc. So no I'm not mad at all that now hold zero ixcoins. But in happy to hold someone's bitcoins in exchange for 1 days worth if work.  :D


Title: Re: i0 Coin Exchange
Post by: Mousepotato on August 18, 2011, 12:27:05 AM
Back online!!!


Title: Re: i0 Coin Exchange
Post by: dub0matic on August 18, 2011, 12:47:25 AM

fuk cant remember my username what do i do damnit


Title: Re: i0 Coin Exchange
Post by: TripHammer on August 18, 2011, 12:52:27 AM
Seems fubar to me still, all links lead to main page


Title: Re: i0 Coin Exchange
Post by: TripHammer on August 18, 2011, 12:55:58 AM
heh ignore that, just noticed I was logged out... stupid me


Title: Re: i0 Coin Exchange
Post by: dub0matic on August 18, 2011, 02:14:55 AM
this is such fuckin bullshit why doesnt it send a email to your account about your username this is bullshit


Title: Re: i0 Coin Exchange
Post by: mike85123 on August 18, 2011, 03:25:28 AM
this is such fuckin bullshit why doesnt it send a email to your account about your username this is bullshit
Does it even ask you for an email?? You forget your username you used to create your account?  Just PM doublec, i am sure he can assist.


Title: Re: i0 Coin Exchange
Post by: Mousepotato on August 18, 2011, 03:37:04 AM
Well this sucks.  I0coins are now less expensive than Ixcoins.  *sigh*


Title: Re: i0 Coin Exchange
Post by: smoothie on August 18, 2011, 04:07:26 AM
Well this sucks.  I0coins are now less expensive than Ixcoins.  *sigh*

That depends on your outlook. One could look at it as a great buying opportunity.


Title: Re: i0 Coin Exchange
Post by: Mousepotato on August 18, 2011, 05:02:36 AM
That's true. I bought a couple thousand at .0022xxxx and now it's slightly above that... Now if it would just keep going! :)


Title: Re: i0 Coin Exchange
Post by: Tasty Champa on August 18, 2011, 06:14:11 AM
That's true. I bought a couple thousand at .0022xxxx and now it's slightly above that... Now if it would just keep going! :)

Don't let them cash out before you have the chance, it sucks but when things are looking good it's time to cash out.



Title: Re: i0 Coin Exchange
Post by: Oldminer on August 18, 2011, 07:22:59 AM
Well this sucks.  I0coins are now less expensive than Ixcoins.  *sigh*

LOL...that didn't last long. Has all the hallmarks of a classic 'pump 'n dump'  ;D


Title: Re: i0 Coin Exchange
Post by: smoothie on August 18, 2011, 09:42:52 AM
Well this sucks.  I0coins are now less expensive than Ixcoins.  *sigh*

LOL...that didn't last long. Has all the hallmarks of a classic 'pump 'n dump'  ;D

Funny thing old man that i0coins are going for a higher rate than ixcoins. LOL

Yeah you hit it ixcoins are a classic pump and dump moreso haha! ;D


Title: Re: i0 Coin Exchange
Post by: Oldminer on August 18, 2011, 09:58:00 AM

So what exactly does Iocoin do except offer encrypted wallet functionality  ???
I'd go with more of what it doesn't do.


Yea cos its easier to go with what it doesnt do than what it does do hey..


Funny thing old man that i0coins are going for a higher rate than ixcoins. LOL


Blips 'n Bubbles come and go. You know that. No need to try and 'smooth' things over to make them appear something their not smoothie. There's always someone that sees right through you...LOL


Title: Re: i0 Coin Exchange
Post by: smoothie on August 18, 2011, 10:04:41 AM

So what exactly does Iocoin do except offer encrypted wallet functionality  ???
I'd go with more of what it doesn't do.


Yea cos its easier to go with what it doesnt do than what it does do hey..


Funny thing old man that i0coins are going for a higher rate than ixcoins. LOL


Blips 'n Bubbles come and go. You know that. No need to try and 'smooth' things over to make them appear something their not smoothie. There's always someone that sees right through you...LOL

I honestly did not understand a word or point you attempted to make here.  :D


Title: Re: i0 Coin Exchange
Post by: Oldminer on August 18, 2011, 12:12:27 PM

I honestly did not understand a word or point you attempted to make here.  :D

Ok I'll help you out a bit (because I'm just a nice guy lol). I was responding to your claim "i0coins are going for a higher rate than ixcoins" - which IMO was a pointless statement in view of the fact ioucoins are new, so will spike a bit then drop in value..


Title: Re: i0 Coin Exchange
Post by: smoothie on August 18, 2011, 02:22:29 PM

I honestly did not understand a word or point you attempted to make here.  :D

Ok I'll help you out a bit (because I'm just a nice guy lol). I was responding to your claim "i0coins are going for a higher rate than ixcoins" - which IMO was a pointless statement in view of the fact ioucoins are new, so will spike a bit then drop in value..


They are both new crypto currencies. Your point?


"oh but i0coins are 5 days younger than ixcoins so that's why they have more value"

lol  :D


Title: Re: i0 Coin Exchange
Post by: lxFlasHxl on August 19, 2011, 12:29:27 AM
yea


Title: Re: i0 Coin Exchange
Post by: Oldminer on August 19, 2011, 09:10:57 AM

I honestly did not understand a word or point you attempted to make here.  :D

Ok I'll help you out a bit (because I'm just a nice guy lol). I was responding to your claim "i0coins are going for a higher rate than ixcoins" - which IMO was a pointless statement in view of the fact ioucoins are new, so will spike a bit then drop in value..


They are both new crypto currencies. Your point?


"oh but i0coins are 5 days younger than ixcoins so that's why they have more value"

lol  :D

Essentially yes, thats what I was saying...are you really that stupid?  ;D


Title: Re: i0 Coin Exchange
Post by: smoothie on August 19, 2011, 09:22:36 PM

I honestly did not understand a word or point you attempted to make here.  :D

Ok I'll help you out a bit (because I'm just a nice guy lol). I was responding to your claim "i0coins are going for a higher rate than ixcoins" - which IMO was a pointless statement in view of the fact ioucoins are new, so will spike a bit then drop in value..


They are both new crypto currencies. Your point?


"oh but i0coins are 5 days younger than ixcoins so that's why they have more value"

lol  :D

Essentially yes, thats what I was saying...are you really that stupid?  ;D

Well your reply shows me how ignorant you are to believe that 4 days will make a difference in the price of a currency that is a LONG-TERM investment/network.

LOL  :P

Please get owned more, it is absolutely fun!!


Title: Re: i0 Coin Exchange
Post by: Chucksta on September 12, 2011, 12:45:45 PM
Is http://forum.i0coin.org/ the main forum for I0coin ?

If so, could I be made a moderator on there, so that I can help clear down the spam ?

A nice looking spam free forum is essential for attracting a decent following, and it should help promote the coin :)


Title: Re: i0 Coin Exchange
Post by: kano on September 12, 2011, 01:48:33 PM
Is http://forum.i0coin.org/ the main forum for I0coin ?

If so, could I be made a moderator on there, so that I can help clear down the spam ?

A nice looking spam free forum is essential for attracting a decent following, and it should help promote the coin :)
After this post of yours, I'd hope no one would be foolish enough to give you any privs on any forum ...
https://bitcointalk.org/index.php?topic=28402.msg519317#msg519317


Title: Re: i0 Coin Exchange
Post by: Chucksta on September 12, 2011, 05:44:12 PM
Is http://forum.i0coin.org/ the main forum for I0coin ?

If so, could I be made a moderator on there, so that I can help clear down the spam ?

A nice looking spam free forum is essential for attracting a decent following, and it should help promote the coin :)
After this post of yours, I'd hope no one would be foolish enough to give you any privs on any forum ...
https://bitcointalk.org/index.php?topic=28402.msg519317#msg519317

Just stating a fact, jack ;)


Title: Re: i0 Coin Exchange
Post by: kano on September 13, 2011, 12:08:20 AM
Is http://forum.i0coin.org/ the main forum for I0coin ?

If so, could I be made a moderator on there, so that I can help clear down the spam ?

A nice looking spam free forum is essential for attracting a decent following, and it should help promote the coin :)
After this post of yours, I'd hope no one would be foolish enough to give you any privs on any forum ...
https://bitcointalk.org/index.php?topic=28402.msg519317#msg519317

Just stating a fact, jack ;)
And also showing a total lack of knowledge ...