Ah, I get it now, smoothie heavily invested in namecoins, and now he sees the proliferation of ixcoins in the market as a direct competitor to namecoins. He likes to mention the current price of i0coins, but for some odd reason he can't justify buying any.
You've got quite a bit of presumptions here. Any links to reference that proves your statements/claims? |
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Could somebody tell me why BitCoin have any value at all?
Without maintaining SR?
I would really like to hear feedback.
Bitcoin originally was created to be decentralized with no central authority. You keep your money safe without any middle man. No counterfeiting. All of this ixcoin does as well, but that doesn't give it added value for investors to pick it over bitcoin. |
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Smoothie, I'm sorry to hear you take issue with the possibility that Fred and I have an incentive and might eventually make a return on Ixcoin. We are committed to making Ixcoin a success and have invested time and money towards this. For example, we just spent over $500 sponsoring the bitcoin conference to promote Ixcoin.
You might also eventually make a return yourself if you invested a handful of BTCs at Ixcoin's launch to purchase the same amount of Ixcoins we both have. The going rate was 15K IXC for 1 BTC back then. It's still very affordable right now. Or maybe you mined ten of thousands of Ixcoins during the initial mining rampup.
You feel that Ixcoin has no value? I've heard similar arguments from Bitcoin neophytes about Bitcoin. It's their perspective. I see value in Ixcoin and that's why I'm sticking with it. I see other people trading Ixcoins so apparently they see value in it too. If you don't, then please do not feel obliged to focus your energy on something you do not value.
You still did not answer my most important question: What added value does ixcoin have over bitcoin in an attempt to get others to invest in it? Spending $500 on advertising is your choice, but should not be by no means why anyone should invest in your currency named ixcoin. I'm still waiting for an answer to the question above, if you have an answer that is. Thanks for replying. |
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Um no. Why should I spend any more time than necessary to research the inner workings of a new cryptocurrency and why I should invest?
The sad part is we're talking about a currency where the creator didn't even do any research, or, lacked the intellectual capacity to understand any research he did. If Thomas knew enough about code or the system to actually inspire even the smallest amount of confidence in his ability to wisely use the "bounty" money, he would not have spent months mining six thousand blocks... He would have simply altered his fork to put a million coins in block 1, and then a smaller number in all future blocks. That would have been extremely easy for someone with even rudimentary programming skill and understanding of the system. That it took him six thousand blocks to get the coins he wanted before anyone else got a chance proves he doesn't know what he's doing. And that is why ixcoins should be ignored: forget the initial mining, forget the questions about his motives. This would be like trusting an operating system that was coded by someone who didn't understand that computers could have different amounts of RAM. +1 |
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LINK: https://ixcoin.org/forum/index.php?topic=67.msg290#msg290All this time you have spent questioning answers given to you,
you surely could have completed several bounties without any expense to you.
Just complete a bounty smoothie.
Um no. Why should I spend any more time than necessary to research the inner workings of a new cryptocurrency and why I should invest? Your bounties are worthless in terms of bitcoin value on the ixcoin exchange. I0coins are trading at close to 3 times the value of ixcoins and actually are newer and have added functionality to the original. Why not, you answer my questions if you so believe in this new currency?? |
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LINK: https://ixcoin.org/forum/index.php?topic=67.0If you had any kind of investment in ixcoin your opinion might hold some value.
Judging by your relentless trolling and general disdain toward ixcoin, smoothie you are being completely asinine.
You are correct, I do not have any investment in ixcoin give the CURRENT CIRCUMSTANCES. I am wanting to see how reasonable Thomas is willing to be to offer a fair network start without premined coins and ZERO advantages or changes that hold ANY value to be considered WORTH anything. I would be crazy to want to invest anything for a long period of time into a network which adds NO value to the original bitcoin client. At the current block rate the next difficulty adjustment will occur in 14 days. So those of you who are still mining ixcoins will be mining at a loss for at least the next 14 days as the network speed holds steady at a low rate. How am I being unreasonable to ask the tough questions like why premien 580k coins which have ZERO value and hold less than half of them up for bounties in which work that has value by the community should be exchanged for these things which have no value? If ixcoins offered anything but a power grab and early adopter opportunity to the very few that got in (mostly Thomas) I might consider speaking for it as opposed to against it. Ultimately the life span of this network is determined by people like me who reside in the community who are watching what goes on. If none of us choose to invest and speak against it the project is doomed to fail given it offers nothing of potential value over the original bitcoin client. EDIT: One last thing. You thought I was trolling? Just look at all the postings that your "moderator" Oldminer made on the bitcoin forums about i0coin. So you're going to tell me that my trolling in response to his trolling is bad yet because he moderates this forum I am the only one that should change his outlook and attitude? How about you make appropriate comments about Oldminer too concerning his trolling? Or does that make ixcoins look bad? And if you did not notice my trolling was directed at Oldminer and his inability to explain why ixcoin has ANY value. After going through what you have posted to and about Oldminer as well as ixcoin, here on this forum, the bitcointalk forum and the i0coin forum. I don't honestly think anyone is capable of changing your stance in this matter. It is in my opinion there is no resolve for you or anyone else who holds similar views as you about ixcoin or even bitcoin. ixcoin does have the benefit of a shield against newcomers who are skeptical of bitcoin. Skepticism is a never-ending barrage of questions, and to entertain you with any actual answer to your requests would certainly mean to welcome more skepticism in an area where personal research into matters is necessary. I'm sorry I can't give you an answer. How does ixcoin shield against nercomers who are skeptical of bitcoin? How would someone be skeptical of bitcoin but not a copycat currency like ixcoin? How is that a benefit? I have still yet to hear any portion of the "development" of ixcoin which would add any value to its release as a new currency. This sheild you talk about I'm still confused about. What FEATURES were added that give ixcoin more functionality/security/operability over bitcoin to give it value? Funny how you say there is no answer you could give to convince me. That basically sums up what ixcoin is a worthless copycat version of bitcoin which adds nothing of value to the original client. If someone can answer the question of value ixcoins add I will likely be more apt to change my views. But in addition that still does not remove the GLARING fact that Thomas has premined 580k coins (~ 1/3 of the total mined) and has offered less than half of them up for bounties in exchange for people's time and effort (which have value) for ixcoins which still presents no new value over the original. I sure hope you have not invested much into ixcoins because if these GLARING questions are not answered here soon, this network and currency are doomed to fail very shortly. |
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Until then many of us will likely stay away from ixcoins given that you could potentially crash the exchange(s) with your large amount of ixcoins in one sitting. Do said people also stay away from Bitcoin, given that Satoshi probably owns 1.5 million BTC? I read the thread you read, all it states is that 1.5 million BTC were mined in 2009. Are you saying that Satoshi is the only 2009 miner? Seriously? Come on... Moreover, as NO FUCKING BLOCK was premined it is absolutely impossible to know how many blocks Satoshi did mine, and we just don't care because the point is that if YOU started to mine on 1/3/2009, you would have at least as many bitcoins as Satoshi Mad not to be an early adopter? Don't say it's Satoshi's fault +1 |
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If you had any kind of investment in ixcoin your opinion might hold some value.
Judging by your relentless trolling and general disdain toward ixcoin, smoothie you are being completely asinine.
You are correct, I do not have any investment in ixcoin give the CURRENT CIRCUMSTANCES. I am wanting to see how reasonable Thomas is willing to be to offer a fair network start without premined coins and ZERO advantages or changes that hold ANY value to be considered WORTH anything. I would be crazy to want to invest anything for a long period of time into a network which adds NO value to the original bitcoin client. At the current block rate the next difficulty adjustment will occur in 14 days. So those of you who are still mining ixcoins will be mining at a loss for at least the next 14 days as the network speed holds steady at a low rate. How am I being unreasonable to ask the tough questions like why premien 580k coins which have ZERO value and hold less than half of them up for bounties in which work that has value by the community should be exchanged for these things which have no value? If ixcoins offered anything but a power grab and early adopter opportunity to the very few that got in (mostly Thomas) I might consider speaking for it as opposed to against it. Ultimately the life span of this network is determined by people like me who reside in the community who are watching what goes on. If none of us choose to invest and speak against it the project is doomed to fail given it offers nothing of potential value over the original bitcoin client. |
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Do you four really need ten threads to say the same thing?
Yes. |
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Until then many of us will likely stay away from ixcoins given that you could potentially crash the exchange(s) with your large amount of ixcoins in one sitting. Do said people also stay away from Bitcoin, given that Satoshi probably owns 1.5 million BTC? Good point. Only difference is that Satoshi actually created bitcoin and Thomas copied bitcoin. |
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someone needs to make a client that can use all coins. now that would be a step in the right direction
And potentially confusing as hell, since the balances have to be kept completely separate. It's not actually possible to simply, say, spend your I0coins to a Bitcoin address: the transactions that gave you the I0coins don't exist in the Bitcoin block chain. Just use the same format with tabs as the windows of the separate clients. |
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Based upon Gavin Adresen he says that Satoshi released the bitcoin client publicly then started mining coins.
Even if he premined them the guy created the source code and put his own ingenuity into the software thus giving it value.
He should be the only person ever allowed to premine coins because he started all of this bitcoin movement.
Thomas on the other hand did nothing but mined 580k coins and then released a copy-cat version of bitcoin.
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No one can stop i0coins.
Your right. Only a matter of time before it disappears up its own asshole lol LOL Just the exchange rate shows that your support for ixcoins is OWNED LOL  |
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I honestly did not understand a word or point you attempted to make here. Ok I'll help you out a bit (because I'm just a nice guy lol). I was responding to your claim "i0coins are going for a higher rate than ixcoins" - which IMO was a pointless statement in view of the fact ioucoins are new, so will spike a bit then drop in value.. They are both new crypto currencies. Your point? "oh but i0coins are 5 days younger than ixcoins so that's why they have more value" lol Essentially yes, thats what I was saying...are you really that stupid?  Well your reply shows me how ignorant you are to believe that 4 days will make a difference in the price of a currency that is a LONG-TERM investment/network. LOL  Please get owned more, it is absolutely fun!! |
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LINK: https://ixcoin.org/forum/index.php?topic=52.0
Thiriel, I'm not quite sure how allocating the bounties to myself would make Ixcoin more transparent.
Either way, the bounties/source code/wiki/forum are all public. I'd be happy to hear any suggestions as to how we can make Ixcons more transparent.
Perhaps we could do a network restart where no ixcoins are pemined and some actual changes that mean something in the source code are modified to give them value. This would make things more transparent because then you are giving everyone equal opportunity to mine ixcoins as opposed to giving yourself a huge advantage prior to public release. That would be fair and transparent. Until then many of us will likely stay away from ixcoins given that you could potentially crash the exchange(s) with your large amount of ixcoins in one sitting. If this is not a money/power grab then you would be okay with restarting the network with zero premined coins and start the network off at a higher difficulty giving ixcoins more rarity because of how difficult they will be to mine them. Say the start difficulty was 10,000 instead of 1. You would gain more interest in your project if everything I listed above was executed and the network was restarted. But then again, your motives for having this network will show based on how you do or do not respond to this posting. Everyone else is watching too. |
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This is the output from the original multicoin using my chosen pszTimestamp:
creating new genesis block I hope
pszTimestamp = >Science daily Aug 17 2011 Breathing New Life Into Earth Evidence of Early Oxygen in the Oceans of Our Planet.<
block.nTime custom configured by -block_nTime in bitcoin.conf
block.nNonce custom configured by -block_nNonce in bitcoin.conf
block.nTime = 1313633848
block.nBits = 487063544
block.nBits hex = 1d07fff8
block.nNonce = 0
block.nTime = 1313633848
block.nNonce = 1525734950
block.GetHash = 00000003240b31f496912586a500bbdf9f73f8c15104d6fc3e411d402ac2c62e
hashGenesisBlock = 00000007199508e34a9ff81e6ec0c477a4cccff2a4767a8eee39c11db367b008
block.hashMerkleRoot = 7e4daf9abab86b10ecd493a51422d58bd7be26dbb59d739fa2265a253d01a65d
bitcoind: main.cpp:1739: bool LoadBlockIndex(bool): Assertion `block.hashMerkleRoot == uint256("0x4a5e1e4baab89f3a32518a88c31bc87f618f76673e2cc77ab2127b7afdeda33b")' failed.
Aborted
[/quote]
if I was able to get this working i'd be trying to get a Perth (Australia) based pool interested and I'd be using cgminer this time. I'd setup some forums. I'd want another offical launch giving people about 1 week notice. If anyone gets this working and posts it then for now its a testnet. I don't want an exchange for BTC nor the previous IX,0X coins. It is intended for use as a currency. It will be launched via github. So what will you exchange them for? Goods? Services? How? |
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As I said, I wasn't referring to anyone in my post (and that includes you) ... it's that other person that a few people can't ignore and must continually post about and create threads about. If everyone ignored him he might go away, grow older and die  Who Oldminer? |
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Link: https://ixcoin.org/forum/index.php?topic=52.0We need more miners as the block rate is a trickle with the current difficulty. Another few hundred blocks and it should become easier again.
Perhaps you could pay them with some of your stash of 580k ixcoins?  well i wasnt going to say anything but isnt that obvious ? It is but the mere fact that he is saying "we need more miners" as if people are expected to donate their mining power at a loss for the ixcoin network's sake. |
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Link: https://ixcoin.org/forum/index.php?topic=52.0We need more miners as the block rate is a trickle with the current difficulty. Another few hundred blocks and it should become easier again.
Perhaps you could pay them with some of your stash of 580k ixcoins? EDIT: Guys start up your miners and give the ixcoin network your precious hash power at a loss! Go for it before you make a profit on something else! |
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Thinking of a fork?
Maybe a spoon I'm still stuck at this part: bitcoind: main.cpp:1615: bool LoadBlockIndex(bool): Assertion `block.GetHash() == hashGenesisBlock' failed. Aborted want to see my main.cpp? Sure. |
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