A symphatizer of ixcoin from The Republic of China is asking me instructions how to set up the mining of ixcoin.
Can you help me to give him simple instructions to follow. Shame on me, but I never mined ixcoin, apart from cloud mining.
Can you help me out? He is the only one updating info about ixcoin in China. i wanna give him complete info on how to start mining IXC.
I suggested even pools like Bitparking and Ghash.io, right? But he need more specific instructions how start a pool or join a pool.
Please help me to help him, who is going to help iXc.
Thanks
You just mine on Bitparking and GHash.IO, nothing really to set up. |
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Do you see these same folks posting 'scam' on the NEM thread?
You don't.
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you should really do your research before posting stuff, just make it look more and more like you dont know what you are talking about. Well, where are the Nxt posters on the NEM thread posting "scam" in huge red fonts? All I am saying is that these Nxt poster are extremely hypocritical if they are spamming this thread because they see competition, meanwhile they are being silent on the NEM thread. you are obviously just not paying attention. look at member 2kool4skewls posts in NEM thread. Did he spam the post with large red fonts saying "scam"? He appeared to be upset about the competition, but how he treats NEM and NEX are like day and night. So yes, you are getting some heat from Nxt folks, but nothing compared to how much heat NEX is receiving. That is because you are outright, blatantly stealing from people. Nem at least started with good intentions. Stealing? A new kind of coin is being created here called NEX. Are you saying that anyone who offers product to be paid in Nxt is to be considered stealing? Nxt folks should in fact be glad that they can spend their Nxt elsewhere. |
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It's amazing to see how this scenario is playing out exactly as described: http://www.coindesk.com/mt-gox-may-headed-bankruptcy/There's absolutely no reason for Mt.Gox to have these kinds of delays. I was really optimistic about Gox being able to recover but there is no going back now. Processing withdrawals will result in a bank run in which case they'll be out of business. Not opening btc withdrawals will result in the price going close to zero, in which case they are effectively dead as an exchange. I have no stake in Gox, no money, no btc so i'm not loosing anything but i'm invested in Bitcoin. Up until a few days ago i was hoping for Gox to fix their issues so the markets would stabilize. Now i can't help but wish this company would close for good and let everything go back to normal. It will crash the price (temporarily, i hope). But at least we can then move on. This is like the Sword of Damocles hoovering over Bitcoin and it's hurting the comunity as a whole. If we make the assumption that the BTC being sold at Mt.Gox is made up, then it impossible for Mt.Gox to even allow BTC withdrawals. That would create a massive short squeeze. Meanwhile, Mt.Gox has exclusive ability to send BTC out and receive fiat in. What this allows them to do is to acquire real BTC from panicking customers and sell them in another exchange for a 300% profit. The fact Mt.Gox is still insolvent after having days of this arbitrage opportunity available to them tells us how badly their finances may acutally be. |
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140000 btc is the honest estimate, if you sum all sell orders of 30-200btc following the same periodical pattern during the last week @mtgox. there was no real possibility to buy back lower. as soon as the whale stopped dumping for some minutes, the price rushed up again because the order book above was very thin. you could have bought only 300btc and the price would have been back to us$500+ levels. the whale dumped more then 1000btc per hour. many users where irritated, who the hell sells off all his bitcoins at such a low level.
I think you should not even assume that these are real BTC being sold at Mt.Gox. Mt.Gox can choose to flood BTC that does not exist! This way the can buy the real ones at 25 cents on the dollar and sell it for profit elsewhere. |
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I try to be honest and fair in all my dealings. My intent is to strengthen "the new economic movement" not destroy it. I know the true economic movement was started with NXT by BCNext and I will support it to the end. Remember, I am the one that stated, "Do not mistake us as just another cryptocurrency. We are a movement."
Ha! True economic movement was started by BCNext by closing IPO earlier and giving all 1 billion NXT to 21 members. You obviously confuse freedom from centralized economic systems with equal distribution to all. Appears to be a movement where 9 users hold 76% of all Nxt. Wonderful! |
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Do you see these same folks posting 'scam' on the NEM thread?
You don't.
...
you should really do your research before posting stuff, just make it look more and more like you dont know what you are talking about. Well, where are the Nxt posters on the NEM thread posting "scam" in huge red fonts? All I am saying is that these Nxt poster are extremely hypocritical if they are spamming this thread because they see competition, meanwhile they are being silent on the NEM thread. you are obviously just not paying attention. look at member 2kool4skewls posts in NEM thread. Did he spam the post with large red fonts saying "scam"? He appeared to be upset about the competition, but how he treats NEM and NEX are like day and night. So yes, you are getting some heat from Nxt folks, but nothing compared to how much heat NEX is receiving. |
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I posted "interested" before the ban for that was announced. shouldn't such posts count as a stake?
Yes, but also go to www.nexcoin.net to get more stake. |
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Do you see these same folks posting 'scam' on the NEM thread?
You don't.
...
you should really do your research before posting stuff, just make it look more and more like you dont know what you are talking about. Well, where are the Nxt posters on the NEM thread posting "scam" in huge red fonts? All I am saying is that these Nxt poster are extremely hypocritical if they are spamming this thread because they see competition, meanwhile they are being silent on the NEM thread. |
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              This place is getting crowded of developers: Nasakioto, Frictionlesscoin, LukeConnell. After a necessary confrontation among them, I would like to know the tasks our dear developers will "take under their wings": - LukeConnell: .......... - FrictionlessCoin: ......... - Nasakioto: .......... A big Thank You to our TRIPLE ALLIANCE. Well, let's hope Mr. Nasakioto starts sending out bounties to encourage more development. |
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BTW, when will you folks release the source code?
When the code is released, I would like some way that will make cloning by FrictionlessCoin either illegal or difficult (put some bugs in it) Nice... open source with deliberately injected bugs... very nice. |
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nobody is panic selling besides the thiefs.....but they are of course the heads of the bitcoinfoundation..
you have been had all along.....Cheers
^This may be mere speculation, but should be realised as a very real possibility. There is possibility that another exchange is buying out Mt.Gox 'assets' at 25 cents to the dollar. |
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Why? 0.7.6 source code already released. If FC hasn't used it already I bet he won't use it in the future.
Where is it? The nxt-public BitBucket repository still has the old 0.4 version if I'm not mistaken. Is that the official repository? |
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I think he being number 125 in the investor list means that he's got the stake only by stating interested.. That means he hasn't invested any NXT.
But I have to say that 2kool4skewl has been a major influence in nxt community and he's known to be a fair and a decent fellow. I just don't get the hostility towards NEM here.
But how about we let this go for now, Utopian makes any calls here, and it is pointless to talk about this. I for one would like 2kool4skewl to be a part of the NEM community, not against it.
He's in the 'interested' list because he thought it was a joke. Only to realize now that its real competition. |
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I own around 60 btcs and 0 usd in Mt Gox's possession.
I live in Australia.
What are my options? Can I participate? What would be legal costs approximately?
Anyone can sue. You will need to decide before we file if you want to liquidate and sue for cash, or try to sue for BTC. I clarified with the lawyer that we CAN sue for BTC, but if the price drops, they are only required to provide the BTC, and if the price increases, they may make an argument that the value at the time of the suit was what should be paid. So, it get's hairy. Also, it is not clear how a legal order can force BTC transfer... so, obviously, you're taking a much bigger risk suing for BTC. Of course you can sue for BTC. The price of BTC is not what Mt.Gox says it is, it is what the market says it is. It is like any commodity held by a custodian. If this were a storage facility for gold, then if they held gold, it does not matter what the price of gold is, they still have to return gold. |
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Guys, just be patient. Anyway, our money is blocked in their account for a while. So why converting BTC into EURO at a so low price I don't understand ! You won't be more secured with your EURO stucked in their account. It does not make any sense. Having money in EURO or BTC stucked in MtGox is the same ! So for God sake, stop selling BTC at these ridiculous low levels and be patient. what do you think ? Do I miss something there ? If you have EURO stuck in Gox you can sue them and there is a big chance that the law might do something about it. If you have BTC stuck in Gox there is a very slim to no chance that the law will do anything about it as it is not a real currency. Let's discuss this for a moment. Let's say BTC is treated as a commodity (like it is treated in a majority of places in the world). So, let's pick a commodity, say coffee beans. If a warehouse that holds coffee beans goes bankrupt, surely the owner of the coffee beans has the right to have his coffee beans returned. Say a storage facility for gold goes bankrupts, surely the owners of the gold have rights to the gold. If the BTC disappears from the custodian of that BTC, then clearly that is theft. Does not matter if its is coffee beans, gold or BTC. This is very different from owning shares in a company. If the company goes bankrupt then the value of shares goes to zero. This is very different from owning bonds or being a creditor to a company. If the money or the BTC disappears, then Mt.Gox is criminally liable. What Mt.Gox appears to be doing is covering their short on BTC. The lower price of BTC is to their advantage in many ways. Imagine, right now, they can buy BTC and sell it at 4 times the value of their money, and they can continue to do that while they maintain these prices. It is downright ridiculous. |
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Hi Everyone,
I'm back. I'd lost access to my secure machine these last few months loosing access to all my ixcoin-related account passwords. This combined with a somewhat lack of community enthusiasms for Ixcoin at the time, made me focus on other things.
It appears the website Ixcoin.org was taken down by the host in January due to excessive bandwidth. For some reason, lots of people were accessing the Ixcoin website or it was hacked. I'm looking at restoring the website at the moment.
I'm not sure if I owe someone a 30K IXC bounty for something. If I do, please msg me. Last time I ran the Ixcoin client (several months ago), it was having issues synching with the blockchain and was only downloading a small number of blocks after startup then stalling. It's crashing on me now when I start it. I need to look into this. Any suggestions as to how to fix this would be welcome.
I see that there's an initiative by ixcoin.co to update the Ixcoin client. I think that is great. I'm happy to put this up on the main ixcoin.org website (once I get it back up) if others welcome the idea.
Looking forward to getting Ixcoin back on track if there is community support for it.
Thomas.
Yes, 30,000 IXC bounty for the new client. Hope you have more IXC to pay for other bounties. |
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Will the interfaces for the major components (Account, Transaction, Peer etc..) stay roughly the same?
Also the listener interfaces, will they remain?
Some of them. There are two big changes. First, Nxt is no longer a servlet and does not need to follow the servlet init/destroy lifecycle anymore. It is initialized reading its properties from nxt.properties instead of web.xml. If needed, it will start a PeerServlet that accepts peer-to-peer requests, an APIServlet that serves http/json API requests, and a UserServlet that supports the current NRS javascript client. You can disable all of those in the properties file, so if you are only using the Java API, and don't have a public IP on which to accept incoming peer requests, you will not be running any servlets at all. Second, I am making Block, Transaction, and Blockchain, interfaces. The current Blockchain class is a bunch of static methods, I am splitting those into BlockchainProcessor, TransactionProcessor, and Blockchain/BlockchainImpl classes. All those will be singletons instead of collections of static methods, which I believe is more flexible in the long term. Peer has also been split into Peer (an interface), PeerImpl (package-local implementation), and Peers (static methods that handle the whole set of peers). Account, Asset, Order, Alias, etc, will not change for now. In the future I will have to move them to the database, so I don't want to waste time refactoring them now only to change them again later. I will try to keep the Listener interfaces, and see how I can use them to accommodate your request for monitoring the initialization steps too. Finally some sanity on the codebase. The original code base you couldn't make head or tails as to which request handled the client and which one handled the protocol. Finally removing all those static methods. Hopefully you remove all those static variables too! Anyway, I've seen the 0.7 code and I have to say that you've made good progress from the original horrible code. BTW, when will you folks release the source code? |
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In the end...
It's better to have NEM as a partner than NEX as a competitor.
Because NEX really hates NXT =)
NEX can not be considered a competitor of NXT/NEM as NEX is basically one insane man named FrictionlessCoin (Carlos Perez) with a big mouth and that's about it... -- NXT+NEM for the win, NEX is nothing but a bit of insignificant babbling. The current difference between NEX and NEM is that NEM has collected money from participants without any proof of software while NEX will collect money only when software is made available. NEX has raised over 750,000 Nxt for development expenses and over a 1,000 free interested stakeholders. https://docs.google.com/a/codeaudit.com/spreadsheet/ccc?key=0AhwgzhIO_YCedEM4Tld4V05JRXh5Z09ZZS1KR2JYa0E#gid=0At this time though, NEX is busy building the code. See: www.nexcoin.net for more details. BTW, where can I find the NEM website? Best of luck with NEM, certainly interested in what you folks develop. |
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Hi Everyone,
I'm back.
welcome back.
having issues synching with the blockchain and was only downloading a small number of blocks after startup then stalling. It's crashing on me now when I start it. I need to look into this. Any suggestions as to how to fix this would be welcome.
i still have that runtime error on the new windows wallet, worked fine on first run, it synched my old wallet address (the one which wouldn't send out coin), I managed to send Luke his 5 ixcoin back, then after my laptop had restarted, this every time I try to run the ixcoin wallet;  can anyone help? I don't want to uninstall everything as the wallet address which that windows pc knows is being mined to (and locked). thanks in advance R If you have an old version then the data in the appdata directory is in conflict with the new one. Start fresh, or delete the appdata directory. Save ofcourse you wallet.dat file. Here's the deal, the 0.8.6 client uses LevelDB and not BDB, so obviously it is not compatible with the old client. However all your private keys are held in the wallet.dat file, so you need to keep that. |
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