1) Mine IXC 2) Sell and make 10x profit 3) Make a thread letting everyone know... 4)  5) profit? lulz 3) Make a thread letting everyone know what a massive d-bag you are... The creator of scamcoin has a lot to gain by risking $2500us to put up massive buy orders inflating the apparent values of his filthy coins. Haven't you idiots heard of a long con? I've heard of a stop-whining-coin  I am not whining. I am voicing my utter astonishment that people are complicit and this asshole's scam and aren't even ashamed of it. BitcoinEXpress is the worst of them, hyping it in every running thread and creating new threads to hype it some more. Someone will be left holding the bag. He should be ashamed of himself. Sounds like whining to me. |
|
|
|
1) Mine IXC 2) Sell and make 10x profit 3) Make a thread letting everyone know... 4) 5) profit? lulz 3) Make a thread letting everyone know what a massive d-bag you are... The creator of scamcoin has a lot to gain by risking $2500us to put up massive buy orders inflating the apparent values of his filthy coins. Haven't you idiots heard of a long con? I've heard of a stop-whining-coin |
|
|
|
|
One of the things that made ixcoin popular (even if only briefly) is the fact that it has a GUI. Namecoin still does not have this and it does make interest harder to capture when everything is command line.
User-friendliness & Usability is one of the goals of any software project.
|
|
|
|
After thinking about it, the reality is that I have way more ixcoins than I have bitcoins. So why should I want bitcoins to succeed over ixcoins, even if the creator of ixcoins didn't really add any value, and he reserved a huge chunk for himself? Ixcoins are functionally no worse than bitcoins.
Except that Metcalfe's Law says that bitcoin is functionally vastly superior. I'm not sure that necessarily applies in this case. Metcalfe's Law is often used in a figurative sense, even though he was talking about physical boxes trading bits with each other. The analogy is pretty easy to figure out. The network I'm talking about here isn't just the nodes pushing blocks and transactions around, it is the network of people and businesses that grew up around the software network. Yeah the real value is businesses, of which bitcoin has relatively few. It wouldn't be that hard for ixcoin or any other copycat currency to catch up at this point in that regard. Good point. How many merchants accept bitcion currently? |
|
|
|
Couple of things: First, I want to squash the "Satoshi mined a bunch of bitcoins on his own before releasing the bitcoin chain" idea. He publicly announced bitcoin version 0.1 six days after he generated the genesis block: January 9, 2009: http://www.mail-archive.com/cryptography@metzdowd.com/msg10142.htmlAccording to the block chain history, he generated about 10 blocks total before the announcement. And we know that he didn't pre-generate blocks because the genesis block contains a quote from the January 3rd Financial Times newspaper. Second, I have no problem with alternative block chains, I just don't personally like how this particular alternative block chain is being promoted and developed and introduced. In particular, I think it is unfair to keep hundreds of thousands of whatever-coins for yourself, and it is unwise to think that a bitcoin variation that is "almost exactly like bitcoin, only different because... well, just because" will ever have anything more than speculative value. Perhaps then Satoshi could donate some of his stash of bitcoins to help fund bounties for bitcoin as did Thomas? ? Don't you think that designing, creating and programming bitcoin from scratch was not enough donation ? Nope. |
|
|
|
I am not necessarily pro-Ixcoin or anything but I will tell you the trait that will keep it here to stay is simple. It helps further the cause for anonymity that a significant portion of the early adopters of BTC believed was there... what will happen is people will be shifting their money in and out of NMC, IxC etc. They will still be making sales and purchases in BTC for blackmarket goods and currency laundering but now they can add several levels of complexity in tracking what they are doing... can it be tracked? yes, but it is just that much harder now. That is what will keep IxC here to stay so if you don't like it fine, but just be aware as long as there will at minimum be that use it will be around as a viable and exchanged currency.
A later use will likely be to double the liquidity of crypto currency, this value will be seen much later when BTC prices start to get too high, i.e. when 1 BTC is enough to say buy a car etc. since there will be many more IxCs on the market by then it will likely be picked up for much smaller transactions until it too reaches 1 to 1 ish parity with BTC.
theoretically, that will never happen, there are far more ixcoin than bit coin, almost double Currently you are wrong. |
|
|
|
Couple of things: First, I want to squash the "Satoshi mined a bunch of bitcoins on his own before releasing the bitcoin chain" idea. He publicly announced bitcoin version 0.1 six days after he generated the genesis block: January 9, 2009: http://www.mail-archive.com/cryptography@metzdowd.com/msg10142.htmlAccording to the block chain history, he generated about 10 blocks total before the announcement. And we know that he didn't pre-generate blocks because the genesis block contains a quote from the January 3rd Financial Times newspaper. Second, I have no problem with alternative block chains, I just don't personally like how this particular alternative block chain is being promoted and developed and introduced. In particular, I think it is unfair to keep hundreds of thousands of whatever-coins for yourself, and it is unwise to think that a bitcoin variation that is "almost exactly like bitcoin, only different because... well, just because" will ever have anything more than speculative value. Perhaps then Satoshi could donate some of his stash of bitcoins to help fund bounties for bitcoin as did Thomas? ? |
|
|
|
Right now, no merchants that I know of will accept IxCoins...no exchanges that I know of will trade IxCoins
If they did, I would boycott their services as a matter of principal. check this exchange out... https://ixchange.bitparking.com/mainMy point is that if an established Bitcoin exchange were to decide to offer Ixcoin exchanges as well, I would boycott that business altogether. The same goes for merchants. As someone else said, this is a blatant attempt at a power grab, nothing more; and I for one shall not support any business that would choose to associate with it. That is about as childish and effective of when my 13 year old jr high daughter runs to her room, slams the door and ignores me LOL I'm not expecting a personal boycott to have any significant effect. My participation in the economy is quite a small drop in the bucket. The whole thing leaves a bad taste in my mouth, thus I choose to distance myself from it. I'm not calling for anyone else to boycott anything. I just wanted to express my opinion as everyone else has already done. Please, then take your words and stay away from it and threads that even have the word "IXCOIN" in it. |
|
|
|
Right now, no merchants that I know of will accept IxCoins...no exchanges that I know of will trade IxCoins
If they did, I would boycott their services as a matter of principal. check this exchange out... https://ixchange.bitparking.com/mainMy point is that if an established Bitcoin exchange were to decide to offer Ixcoin exchanges as well, I would boycott that business altogether. The same goes for merchants. As someone else said, this is a blatant attempt at a power grab, nothing more; and I for one shall not support any business that would choose to associate with it. DoubleC did you read that above? He doesn't think your exchange is legitimate. |
|
|
|
Right now, no merchants that I know of will accept IxCoins...no exchanges that I know of will trade IxCoins
If they did, I would boycott their services as a matter of principal. check this exchange out... https://ixchange.bitparking.com/main |
|
|
|
Hey, IxCoin simply has increased the reward for each block from 50 to 96. That means that every 4 years the reward halves so it should eventually reach 42 million. However the hard coded max value in the code is 21 million. There are checks (see MoneyRange and ProcessBlock) in the source code which haven't been changed to still limit it to 21 million. Once it reaches 21 million, all new blocks minted by miners (which are still using the same reward) will be all rejected and the network will shut down overnight. Reasons I now think it's a scam after playing with it: - They only made one minor modification to the source code (changing 50 -> 96) - Already mined 400k IxCoins themselves. - Copied and leveraged bitcoin community with minimal input. Product doesn't have much value on its own. - wallet.dat is 52mb already. Within a year that will be 3gb. This is not sustainable in terms of computer resources. Initially I was ambivalent about them, but after talking with the other guys here (at Bitcoin Consultancy), it's looking like a classic pump and dump. IxCoin: https://bitcointalk.org/index.php?topic=36218.0 Also all the devs on the front page of bitcoin.org (me included), got this message: So... I got this unsolicited email: -----BEGIN PGP SIGNED MESSAGE-----
Hash: SHA1
Hi Gavin,
I'm one of the founders of the Ixcoin fork of Bitcoin. If you're
interested in trying out the new blockchain, we set aside a 5,000 IXC
bonus for each of you.
Please email me your IXC addresses if you're interested.
Best regards,
Thomas.
-----BEGIN PGP SIGNATURE-----
Version: GnuPG v2.0.17 (MingW32)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=lct4
-----END PGP SIGNATURE-----
... and I'm trying to figure out why my immediate reaction is "yuck." I guess I just don't see the point of IxCoin. I just spent some time looking back through all the original poster's messages, and I don't see any prior discussion of goals of IxCoin, how it should be designed, etc. If the goal is to let more people be early adopters of a new cyber-currency, then it seems to me giving early bitcoin adopters a bunch of IxCoin goes against that goal. I've got two words for ya: "DONT INVEST" |
|
|
|
At least this guy is better manager than Satoshi . I like the idea of allocating large initial chunk of coins to develop the product. Good point why doesn't Satoshi offer bounties for objectives for bitcoins to complete? Maybe some goals he would like bitcoin to achieve? |
|
|
|
|
xZQ9GsZEPJsQhKJQEVDhyZbm5V4VBkRL3z
|
|
|
|
|
This should be a fun couple of days ahead.
|
|
|
|
Dang, and the mining capacity keeps on increasing... Pool Hash rate (MHash/second) 84649.9 Hey at the very least this will take some pressure off the bitcoin miners  A difficulty DECREASE is very much welcome for a change. I think difficulty will be going up again shortly... and with another 4x difficulty increase it will not be worth it to mine anymore. Not saying you are wrong but the last two difficulty increases people said the same thing. Maybe the one after the next one. |
|
|
|
How do you come by the conclusion that the excitement has died you guys realize that this thing has really only been announced in mass yesterday right ?? And you also realize that the difficulty at the moment of writing this is 1024 right How in the world do you figure that it is over I know internet time makes everything accelerated but come on .... the thing is running for (1 day) and you decide it is at the end of its life cycle I must be crazy but no matter how bad of an idea this is I can almost certainly say it is not the end of ixcoin. On the contrary the beginning, as more ppl hear about it even the skeptical will dabble a little in it. and that dabbling hasn't happened yet. And Some will buy it on speculation saying hey what the heck, i'll buy a few btc's worth incase this really takes off. And I would not advise them against it. No one knows where this can go. Look at namecoin, it's still hanging around. And in the inception of bitcoin i'm sure there were alot of trolls like i see commenting here saying it would die but it hasnt died. Long story short even if Ixcoin is going to fail, imho its not at that stage yet... Thats just my 2 ixcoins.. Again, fundamentals. What niche does Ixcoin fill? What can you do with it that you can't already do with Bitcoin? Why should merchants bother to accept it instead of (or in addition to) Bitcoin? In other words, why would this ever take off? The niche is profit! |
|
|
|
Something tells me that 150 to 200 GH/s at difficulty 4096 is not going to be party over.
Mining for it will no longer be any more profitable than BTC mining. And you can see the exchange rates for the next 5 hours in the future? Please if you can then share the info! Sure, about the same as they have been. Do you have some reason to believe that they'll go up? Just a hunch. I have traded in markets and this feels like a rally that has not started yet. It may be short but there is a rally... |
|
|
|
Something tells me that 150 to 200 GH/s at difficulty 4096 is not going to be party over.
Mining for it will no longer be any more profitable than BTC mining. And you can see the exchange rates for the next 5 hours in the future? Please if you can then share the info! |
|
|
|
|
Show Posts
