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can anyone explain the cause of all the volume recently? icg has never seen quite a consistent volume as we have seen in the last few days in months. is it bots? that is what i take from it, because the price isnt really increasing too much- no complaints about that, i have been playing the swings.
icg is very undervalued in my opinion, with DOGE like prices, and about 5000x less coins plus all the features added in the last months, i see this coin being worth a few times what is now. it is just undiscovered, yet. i have been buying now. sold around 220 and am now trying to scrape some up. got in at 70 satoshis which is a great price, sold some at 85ish, bought back into the 70's. if this volume keeps up it is a great time to get some almost free incognitos
my advice, is to keep buying. there are only 20mil coins and i have seen great volume on bittrex. this coin can be scarce, fast. someone could take millions off the orderbooks in a matter of days. just my 2 icg's.
cheers
I agree, Incognito coin already has alot going for it ( ATM integration, stealth addresses, web-wallets, mobile wallets, brain wallet app, acceptance by several merchants and payment processors, and ETC.) The next development release adding multisignature transactions, network services, and new wallet features should really distinguish it from other alt-coins. There's also the possibility of having ATM integration into other providers besides Generalbytes. |
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I would like to give a quick update stating that development is already underway for the features mentioned in my earlier post (staking-mobile wallet, multi-signature transactions, and other advanced network functionality which is still being decided). I will give a release date once development is nearly finished as well as a complete listing of what features will be introduced into the Incognito coin wallets.
The community should be able to get ICG accepted by more merchants and payment processors while development progresses. There's already merchant API tools available for ICG on Cointopay.com to allow quick implementation for any web merchants wanting to accept Incognito coin. I have already contacted a few merchants and payment processors. Any responses of acceptance will be posted here. |
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currently hot at bittrex  The volume has been sustained in the past couple days without a significant change in price so it looks like it's natural growth from the addition of new investors rather than a pump. With the recent development post announcing work of a staking mobile wallet, new wallet version with new features, and additional network features. There's large poetential in attracting new users to the ICG community. Now's a good time to accumulate coins before the next development release. I'm more interested in what innovative technologies or features will result from the next development release cycle but I'm certain that the price will also increase. More merchant API tools will ease and simplify any changes needed to accept ICG on a website. |
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Speaking of service platforms. ICG could get accepted into a social messaging app and therefore be able to facilitate transactions to a wider user-base.
That would be something to consider in the next development cycle. Technically the merchant API tools could be ported into a social messaging application. Although most applications only accept the alternate cryptocurrency issued by the creator besides bitcoin. It would be more ideal to wait until another application began accepting multiple alternate crypto currencies first and then request ICG to be accepted. That would save development time instead of creating the service specifically for ICG. It's important to focus on the fundamentals for the moment like improving the tx system by adding additional layers of encryption or by including new functions within the wallet for the next release. The last development post mentioned new wallet features so it appears that we'll see a new wallet version before any changes are made to the ICG network. It's possible to get accepted by more payment processors in the mean time. Web Merchants are already adopting ICG but it might be worth contacting the larger merchants. |
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but question is where is the dev
From the OP, Chedigital and goldencrypto are developing a brain wallet app and manage the ICG website. Desil works on promotion and business development. Hectortilla and Fernando have contributed in the past and are likely still helping. According to a recent post there's three other developers working with the main ICG team in improving the wallet and adding new features. There's no main dedicated Dev at the moment but rather a collection of people helping. Historically a develper would post when a release was imminent as I guess there wouldn't be a point in making a concrete date for release if it relies on the cooperation of multiple people which could be difficult to manage. Although it seems that progress is being made so it shouldn't be too long before the announcement of a release. Patience is key when investing in crypto-currencies but it looks like we won't need to wait long. As others have mentioned there's a lot of ways in which ATM implentation could be improved. Perhaps Hectortilla could expand the point-of-sale system that he had developed so that it could be used in other applications. That's a possibility once other network related developments are released. Capitalizing on existing developments by making the features more useful is a sensible plan. True, any work committed to increasing the accessibility of ICG to merchants or users physically located near the ATM locations would effectively make Incognito coin more useful in the real world, beyond trading. The decentralized development process should insure consistent progress even if unexpected circumstances slow down one of the developers. Another reason for having access to a large developer pool is that they work on their own free time at their own expense with few exceptions. Not every member is able to consistently work but there's no single point of failure, resulting in developments being released regardless of a lack of participation from a paticular member. |
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Nice jump in volume. From a low marketcap of $7000, Incognito coin could rise very significantly once the staking wallet, additional network features, and new wallet is released. There's also the brain wallet generator app and more ATM integration to look forward to.
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Currently, I'm communicating with three outside developers in addition to the main ICG team. Plans are being made to focus on the creation of a staking mobile wallet incorporating all of the advanced features from the main ICG wallet. Later, additions to the Incognito coin network will be added in the form of either additional services added to the ICG wallet or additional functionality to Incignito coin's transaction system.
The core Incognito team is still completing the brain wallet generator app and adding a merchant section to the main ICG website. Merchants are adopting ICG at a steady rate as a non-staking mobile wallet, web-wallet, paper wallet generator, and ATMs are presently available. Development is moving forward as I coordinate the main team with outside developers. More information will be released once development is finalized and nearing release.
At some point it would be nice to see full incorporation of services into ICG so that it would act as a platform. Progress made towards that goal will open up new avenues of development and make incognito coin truely innovative. |
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I can also see Incognito coin getting accepted by crypto-social networking platforms as the ICG infrastructure is quite strong at the moment. I would argue that ATM implentation is the strongest aspect.
Yes, and that is a necessary feature of Incognito coin as it helps facilitate transactions at physical locations that otherwise wouldn't be possible without access to an ATM. The mobile wallet works well in combination with it. It's nice to see the total amount of twitter followers pass 1000. I'm certain that ICG will find a specific use in the market through its many features and methods of accessibility. More planning from the community as what is already occurring seems to help more significantly so we could pour our efforts into tasks to improve acceptance of Incognito Coin. It already has a lot going for it going by previous development releases and a relatively large development team who have a proven track record. It won't take long for others to realize the benefits of ATM integration within Incognito coin and then accept it due to its ability to reach larger markets compared to other alt-coins. As it was mentioned before, few other alt-coins have ATM providers so its a valuable asset to supplement ICG while the developers work on improving the coin's infrastructure. |
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I've noticed a increase of 300 twitter followers since the past week. Nice animation videos at the main twitter page: https://twitter.com/IncognitocoinThe PR is being handled well while development is moving along. With more community involvement, more payment processors should accept ICG. Yes, I've noticed this as well. Everything is looking strong as a formal plan is being made involving the community and a network of developers. I'm pretty sure there's at least a few other alt-coin ATM providers out there besides Generalbytes where ICG is already accepted. With all things considered, ICG is doing well with a transparent developer team who have a proven track record. Developments to the API for Web merchants and ATMs are all things to look forward to. I agree with you there given the recent scandal of bitbay. It's important to have trust-worthy developers who have a history of delivering what they had promised on-time. Very true. According to the previous development posts. The ICG team is working in two sections while outside developers are helping so there should be alot of room for expansion in ICG and greater potential in terms of how far it can be developed. Well, I can see that Generalbytes is currently expanding their ATM operation so ICG will be listed on more ATMs regardless of getting accepted by other ATM providers. It wouldn't hurt to get on other payment processors and service providers although it might be possible for ICG to serve its own needs as advanced network functionality is built on top of it. Getting accepted by more web merchants would be a short term goal. |
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The coin has been well distributed since it's first launch as summation of volume is quite high and it's relatively cheap at the moment. Demand should grow once additional blockchain tech and services are built upon Incognito coin and therefore providing a greater real-world utility beyond the traditional role of a crypto-currency.
That's quite likely as ICG continues to gain new users. It shouldn't be too difficult to organize community ran efforts in the thread regarding Incognito coin. Eventually additions to the ICG forum and website would better facilitate community discussion however for the time being this forum will be sufficient. Having additional technology on ICG's blockchain would be the greatest goal as it would further expand Incognito coin and allow it to be more easily improved by volunteers and the dedicated developer team. There's a lot of options in how improvements in network development could be made on ICG. Although the existing infrastructure consisting of a web wallet, mobile wallet, brain wallet app generator, paper wallet generator, tens of nodes, and etc are sufficient for the current user-base. Of course new developments will give ICG more of a purpose as an actual service platform and therefore create a larger user-base. |
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I've noticed a steady increase of twitter followers by 200 to over 830 in total over the course of one week. I agree with the earlier posts in that the PR seems to be managed well, and volume seems to continually be higher now that Incognito coin has more attention. Looking back through the thread, all developments were delivered on time so I place my trust in the ICG team with the current developments in which they are working on. I actually live somewhat close to one of the ATMs so perhaps at some point I can visit one and record it while depositing ICG with the mobile wallet.
I'm certain that every Incognito Coin community member would appreciate it. Once there's greater organization it should be possible to more efficiently reach out to potential web merchants and ask them to accept Incognito Coin. Right, organization would go a long way in creating a collaborative group of volunteers for development, promotion, and support. As a community based coin in which a lot of help was already received, there's a growing number of people who are improving ICG either through development or promotion. I can only see future user adoption to increase as more projects using ICG are started. |
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If that's the case then it should likely be easier to implement as adding a network protocol with ICG would likely be time-consuming. A separate application will allow faster production and possibly more features. The app could even incorporate a QR scanner for use at Generalbytes ATMs to withdrawal and deposit Incognito coins.
That sounds interesting, I've been looking for an alt-coin with ATM integration. A stronger infrastructure should provide a stronger future in my opinion. ATM integration is the strongest feature of Incognito coin and it should further be expanded into other ATM providers since the API is easy to port over. I believe that the QR scanner feature is already available in the mobile wallet but it would be nice to have it in another separate application as well. |
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Good ideas so far. Of course whether this will later be implented depends on the limits of the ICG team as they are already busy with their current tasks. Although I'm sure that they will focus on these concepts later.
There was already an earlier post of the possibility that the ICG team would be split into two sections. One could focus on wallet improvements while the other tries to add services through the ICG network. I think that wallet features will have a higher priority at first and later expand into network services. It's too early to say exactly how future development will work with Incognito coin. It wouldn't necessarily need to run on the ICG network directly. A separate app using ICG for transactions would suffice while still providing the same services across multiple platforms. |
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True, though now would be a good time to brain storm ideas for future network development if such a decision is made. The past suggestions of voip, chat, file-sharing, and vpn sound like good plans and at least not too difficult to implement.
We could also try to make a decentralized exchange on top of the service platform as well. P2P anonymous file sharing could also be integrated and supplement the VPN feature. There would have to be an incentive to P2P file share through ICG and it would likely require a dedicated application. An automated tipping solution could be developed, rewarding those who upload and consistently share the content. It's a hypothetical concept but more brain-storming will yield more suggestions. |
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I'm going to contact goldencrypto and try to help setup a merchant section to the icg.io website. Also I will introduce the idea of having a another sub-section where it's possible to download or import the Merchant API, logo, banner, or any other accessories available for Web merchants.
That actually gave me an idea. We could try to setup a form of start-up platform on the main website where individual users could contribute and propose suggestions since it's a community organized coin. The forum is functional but it would make sense to have a place where it's further organized and consolidated like on the main Incognito Coin website. Thanks for the suggestions. I'll further discuss these propositions with Goldencrypto and Chedigital whilst communicating with an outside developer. Currently, progress is being made with the development of new wallet features in addition to the development of an automated ICG brain wallet app. More information will be released later once the determined set of features are finalized and developed. That's good. I can definately see a use for the brain wallet app as it's more secure and decentralized than a Web wallet. On top of those mentioned developments, I'm interested in later developments of a service platform built upon ICG. It would probably make sense to focus on more ATM providers and merchant expansion first though. It could even be a business platform with Voip, chat, file sharing, and ETC but it would make more sense to get accepted by other service platforms for the time being. That's a sound plan going forward. ATM integration was already a nice feat in itself. It shouldn't be too difficult to increase merchant adoption with the existing API tools. Well, we could theoretically combine all of these proposals and later establish an actual app based on ICG. It could also be multiplatform and completely open source allowing for community development. |
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I'm going to contact goldencrypto and try to help setup a merchant section to the icg.io website. Also I will introduce the idea of having a another sub-section where it's possible to download or import the Merchant API, logo, banner, or any other accessories available for Web merchants.
That actually gave me an idea. We could try to setup a form of start-up platform on the main website where individual users could contribute and propose suggestions since it's a community organized coin. The forum is functional but it would make sense to have a place where it's further organized and consolidated like on the main Incognito Coin website. |
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What is everyone talking about? More volume, more exposure, more...?
The coin is at such a low that the marketcap of it is shrinking. I find it very strange that happened at same time as Neutraltc was getting out, needed funds for new coin?
This used to be an interesting coin and has since regressed to a point of not being relevant. Don't say it is in ATMs as unless you can show me how many people use ICG in an ATMs, it means nothing
ATM statistics from Genrealbytes aren't publicly available but I'm certain that they wouldn't continue to support ICG unless it was actually used and profitable to do so. Having a developer to create an ATM API for Incognito coin was the largest hurdle to pass. It should now be relatively easy to port the API into other ATM providers allowing for a propagation of transaction volume and user base. |
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After reviewing the ATM API developed for ICG, I noticed that it uses a point of sale system which is rather innovative by itself. I'm surprised that Incognito coin is selling at such a low price after development and incorporation of ATMs, mobile wallets, web wallets, brain app, and new wallet features. User adoption seems to be increasing.
That is correct. A point of sale system was indeed used in the ICG ATM API allowing for quick transactions. The Incognito Coin team is currently seeking for more ATM providers as the existing API should allow for quick integration and broaden the potential user-base. It's nice to see the ICG team being active. I believe the web merchant API also uses a point of sale system so the same benefits should apply towards any online shopping that is done. I can confirm that they both use point-of-sale systems according to cointopay.com. I had no issues with the mobile wallet so far, but I can see a lot of avenues for later improvement as things progress. I can even see dark-web merchants accepting ICG now that it's made much more accessible and easier to accept. There's already a lot of features, infrastructure, and community effort in place to establish a strong future for Incognito Coin. |
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After reviewing the ATM API developed for ICG, I noticed that it uses a point of sale system which is rather innovative by itself. I'm surprised that Incognito coin is selling at such a low price after development and incorporation of ATMs, mobile wallets, web wallets, brain app, and new wallet features. User adoption seems to be increasing.
True, also the point of sale system could be useful for other coins to use so there's a possible block-net membership opportunity to further increase use of ICG. Definitely, all the more reason to buy up the cheap ICG while the sale lasts. There's a consistent uptrend in investors as the user-base increases. Release of new development will only help further. |
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After reviewing the ATM API developed for ICG, I noticed that it uses a point of sale system which is rather innovative by itself. I'm surprised that Incognito coin is selling at such a low price after development and incorporation of ATMs, mobile wallets, web wallets, brain app, and new wallet features. User adoption seems to be increasing.
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