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! 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.
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"What do ixcoins offer over i0coins other than a double size block reward?"
I've never claimed they offer anything. As I have said before - they are simply another currency. Btw, I like your answer to my question of - "what benefits does iocoins offer?" Yup not having 580k premined coins for one "developer" who did not do a damn thing to make the cryptocurrency better is better.
LOL..thats a benefit A lot of what you say here on this posting says a lot about how you are Thomas. I would rather have a community of ideas put into a launched network rather than having one person fork bitcoin but really do nothing for the idea of a cryptocurrency. Yes not having one person have 1/3 of the total supply of coins is a benefit. That benefit is called decentralization. Maybe you've heard if it. Lol Your support for ixcoins is laughable. You must trust thomas almost too much. Lol As I have said before - lets just sit back now and see where your ioucoins (developed as a joke between 2 guys over a bar chat) and iXcoins (developed with foresight, planning, and capital put aside to promote and expand the currency)...
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despite being its only surviving proponent around here...
lol..you always make me laugh clown.. I like how u did not answer the question: "What do ixcoins offer over i0coins other than a double size block reward?"
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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!
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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.
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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
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btc has had a few dramatic crashes like that (and in recent history too), and its a couple years old. ixcoin has been around for what? a week? id expect major crashes and speculative bubbles. That is a 96.8% crash in the first 5 days. bitcoin crashed after two years of a bull rally by 80% and has rebounded some. LOL
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you are much more likely to be thomas than some neutral party
I can understand why some may suspect that, however, they should be 100% sure before claiming this publicly. Just make them look like idiots otherwise... There is now way to be 100% sure aside from admission from either account. So no in your eyes they look like idiots but someone who supports a network where no added value was given to the network, just a copy and mining of 580k coins prior to launch is not suspect to a scam but OBVIOUSLY a scam. At least Satoshi put his own work/ideas into the software. What did you/thomas do? Just copy it, change an icon, change bitcoin references, change a few numbers and make a couple of COPY website and then launch it with 580k pre-mined ixcoins!!! That's laughable lol
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But then again I did purchase quite a few myself.
I bet with your foresight you can help me make a fortune. LOL
Hmmm... doubt it. Then im not sure why you would make such comments.
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Bro I sent you an email about this. I'm not sure if you are aware but the i0coin exchange has been down for a few hours. Any updates on what's going on? Thanks! P.S. Anyone heard from him lately? Considering as I write this it is 8:30 am where he lives probably has just woke up or did you not know he is in NZ... I keep forgetting. But yes I knew. This timezone stuff throws me off.
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honestly, i dont see why it would be relevant if old miner created it or not.
im actually surprised at the hostility over this...isnt it better if ixcoin came from someone in the btc community, rather than someone on the outside just trying to cash in?
can someone please explain why this is such a big deal? A rhetorical question, why would Oldminer need to create an alias? Why didn't he release ixcoin as Oldminer instead of Thomas? i know you said rhetorical, but im gonna answer out loud anyways...... there are several possible answers to this: a) he didnt, ixcoin wasnt his creation, and everyone is on a silly witchhunt b) he did, and xcoin is legit, but since the forum screams scam everytime a new service comes out, he changed his main account to avoid trolling c) he did, it was to hide shady motives, and ixcoin is a scam if the answer is a or b; then everyone is fucking with him for no reason. only if the answer is c; is any of this relavent (and then only so in that its good to out a scammer) but since ixcoin hasnt yet been proven to be a scam, i ask again: why does it matter if old miner is thomas? crashing from 0.009 to 0.0003 btc in 24 hours screams the word "scam".
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When I say design I wasnt referring to the coin itself. I was referring to the infrastructure around it. You know, the promotional aspects of it..the bounties..the website..the forum..
You mean the website that they/him/you copied from bitcoin.org and replaced bit by ix like they/him/you did with the code? lol hello Mrs Troll, (you are fenale aren't you?) And no I didnt copy any site. In fact I was even involved in its setup. And not sure how you came up with the word 'copied' - the difference between the 2 sites is like chalk and cheese (unless you also have an eyesight impediment too?) For someone who is clearly pro ixcoins and talking trash about i0coins you are much more likely to be thomas than some neutral party who could care less about the success of either network. At least the other trolls hate on both ixcoins and i0coins, unlike you. lol
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I'm not sold either Oldminer. These guys have a point, you are very likely Thomas. haha..and so it continues... No, again I am not Thomas. Which is what Thomas would say in this situation if he were Oldminer. LOL not sold haha.
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Bro I sent you an email about this. I'm not sure if you are aware but the i0coin exchange has been down for a few hours. Any updates on what's going on? Thanks! P.S. Anyone heard from him lately?
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ok, but it's probably 21739 more than will ever be useful...
Guess you can see the future. Hey help me trade on the exchange, I bet with your foresight you can help me make a fortune. LOL
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You seem mad bro
Not at all. Just amused... I'm not sold either Oldminer. These guys have a point, you are very likely Thomas.
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1. Deposit 50 BTC into i0exchange 2. Purchase I0C 3. 4. "The connection has timed out - The server at i0exchange.bitparking.com is taking too long to respond." FFFFFFFUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUU!!!!!!!!!!!!!!!!!!!!!!!! wtf are you going to do with 50 BTC worth of I0C? You buying the whole market? 50 BTC at 0.0023btc/i0c = 21739 i0c. Hardly the entire market. But then again I did purchase quite a few myself.
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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.
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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.
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6291..less invalids which I'm too lazy to query a count of.
Uhh no you did not mine 6291 blocks. Your users mined 6291 blocks. Let's get that straight. The coins go to my wallet, I just give them an IOU . I've just been nice enough to honor those IOUs. As you should given they were nice enough to donate a i0c per block mined and also the fact that they are mining on your pool they were nice enough yeah? lol
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