The only people defending this are the people who signed up for bounties as moderators etc...
I have yet to see a 'regular' user recommend ixcoin to anyone
Everything about this reeks of a desperate attempt to pump&dump, then withdraw everything and watch the currency collapse
You were correct sir. Price hit 0.0003btc down from 0.006btc earlier in the same 24 hour period. |
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Looks like the market is taken a nosedive into oblivion.
The high it got to was 0.0095, So....
0.0092/0.0095 = 0.9684 or 96.84 % loss from the top.
Is anyone buying ixcoins now?
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It looks like the game of musical chairs is over.
Trades down to:
sell 0.00070000 290.00000000 0.20300000
The low currently for today is now 0.0003btc / ixcoin. Wow!  |
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Ultimately the better player will win. We can look at these competitor chains as our challengers, and we can only defeat them by becoming better ourselves.
Its not a case of being better. IXCoin is not in competition with Bitcoin. There's no reason the 2 currencies cant exist side by side as silver does with gold. Edit: btw IXCoin is selling for as little as 0.00279900 atm. The lowest price you could get them for only 2 days ago was 0.00649900. Get your orders in before the price rise... Or crashes to hell? |
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Nasakioto: Are you excited about the launch of I0coin?
Of course he is. He got to mine ZERO coins prior to public launch just like the rest of us. Even playing field so Im sure he is stoked about that.  |
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I sure hope he posts a compiled windows version of the client on i0coin.org.
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Wait, we don't need the I0coin client to participate in the pool, do we?
Nope, just point your regular miner at the i0guild pool 5 minutes before the start. It's nice and simple. Well my question would be then how do you generate the i0coin addres if you dont have the client? |
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Where do you get the executable for I0coin windows client?
from compiling the source I kind of figured that. What commands and options am I using? |
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Where do you get the executable for I0coin windows client?
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You're free to start your own pool if you feel 2% is outrageous. It didn't (and still doesn't) stop people from mining at slush or Deepbit for a currency that has already proven some value.
I0coins hasnt even started and you know 2% is not much? |
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You would be competing with the speed whether the pool was here or not  . If it doesn't go online they'll just solo mine. I'm not turning BTC Guild's hash power towards I0 Coin, just providing a well established pool frontend/backend for I0 Coin. Also keep in mind that concentrated hash power has a huge advantage over individual smaller hashing power. So your pool would dominate that entire network. How is that fair? Plus on top of that you are charging your miners 2% of each block which is outrageous at the rate blocks will be mined. You fail at math. And what math is that? Where did I do any math in my explanation? YOU fail at observation. |
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You would be competing with the speed whether the pool was here or not . If it doesn't go online they'll just solo mine. I'm not turning BTC Guild's hash power towards I0 Coin, just providing a well established pool frontend/backend for I0 Coin. Also keep in mind that concentrated hash power has a huge advantage over individual smaller hashing power. So your pool would dominate that entire network. How is that fair? Plus on top of that you are charging your miners 2% of each block which is outrageous at the rate blocks will be mined. |
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You would be competing with the speed whether the pool was here or not . If it doesn't go online they'll just solo mine. I'm not turning BTC Guild's hash power towards I0 Coin, just providing a well established pool frontend/backend for I0 Coin. lol |
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Fixed block value (it was already subtracting the 1.00 fee). Time since last block is updating properly, the calculator script was being rewritten to scale better at the start. The BTC guild script runs once per minute. I changed this one to run once per 10 seconds, which still isn't fast enough.
New script will now run every 5 seconds. We'll still be a bit lagged on block announcements at the very start, but it should catch up shortly after difficulty of 16 (or 64/256, depending on just how fast the pool is when we go live).
You should give use small frys like 15 mins before you connect your HUGE pool we all want a chance to get some i0coins you connecting your giant pool will murder us  +1 |
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Are the crazy amount of stales (70% +) from the short rounds?
wow 70%? |
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I just finished unloading my set of ixcoins. Was fun while it lasted! |
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I would highly recommend starting at least difficulty 128 - 512. Difficulty = 1 will be absolute chaos when I'm guessing 50~100 GH/s coming just from I0 Guild. Miners are hundreds of times faster than when Bitcoin began at Difficulty=1.
Why would anyone complain about extra coins at absurdly low difficulty? It will go in minutes so whats the problem?> |
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Invalid blocks are crazy and each block is mined in seconds.
I don't know your total involvement with i0 coin, but a suggestion should be made to start the difficulty > 1 or there will be tons of invalids and it would be easy for an attacker or pool with a lot of ghash to take over such a young low difficulty blockchain.
I have 0 involvement with i0coin development. The BTC Guild chatroom lit up over IXCoins and even moreso with I0Coins, so this time I took a few hours to fork our pool code to a separate server for I0Coins. We single handedly jumped the difficulty from 4 to 16 within a few minutes when I first threw the pool up though, so if it starts at difficulty 1 this will be quite the spectacle to watch. I suspect that because you were mining with all nodes connected directly is why it went so fast. I suspect that when everyone starts mining there will be many orphans so it may take longer than just a few minutes in a realistic scenario to get from 4 to 16. Plus im sure the total network hash rate will be larger than btcguild's hash power so that should make the difficulty change a bit slower because of all of the orphans. |
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Why not change the difficulty at 1/4 the blocks? Like 504 or even less than that like every 126 blocks? Then you don't have to do the minutes, or if you did, the difficulty could change every couple of days and be much more fluid. I posted this on btcguilds thread: Invalid blocks are crazy and each block is mined in seconds.
I don't know your total involvement with i0 coin, but a suggestion should be made to start the difficulty > 1 or there will be tons of invalids and it would be easy for an attacker or pool with a lot of ghash to take over such a young low difficulty blockchain. Start the difficulty out at even 64 or 128 and the blocks will still fly fast but at 1 a pool will be fighting over their own shares for which one is first. My vote is for difficulty 1. I wanna know what it is like to mine at the easiest difficulty possible just like Satoshi did! |
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With prices plumetting 66% of its value in 24 hours I'm not sure ixcoins is the best investment for mining or buying a virtual currency. With difficulty rise just around the corner I find it hard pressed to see the exchange rate rise above the profitability of the other markets.
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