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Author Topic: Whats the deal with this so called "IndianCoin" ?  (Read 1860 times)
apurvslam
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May 12, 2013, 06:18:44 AM
 #1

So this guy is announcing launch of IndianCoin in alternate crypto section. If it has anything to do with India  he should have at least mentioned it in our section... Whats happening here? its like CNC all over again..

https://bitcointalk.org/index.php?topic=200727.0

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Benson Samuel
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May 12, 2013, 06:28:30 AM
 #2

Man... That sucks..

But I don't think we had any serious plan in place to do this any earlier.

We need people here in India who can roll out an initiative everyday.

That is the only way to keep up with the pace. Else someone else from 'LA' is going to be doing it.

http://www.whois.com/whois/indiancoin.org

apurvslam
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May 12, 2013, 06:40:56 AM
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yes.. i m sure we will come up with a much more organised and useful coin in due time but this IndianCoin is just going to be pumped and dumped hard if it hits any exchange... so many altcoins propping up...geez!

“First they ignore you, then they ridicule you, then they fight you, and then you win.” -Mahatma Gandhi
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May 12, 2013, 06:44:42 AM
 #4

yes.. i m sure we will come up with a much more organised and useful coin in due time but this IndianCoin is just going to be pumped and dumped hard if it hits any exchange... so many altcoins propping up...geez!

I like it a bit to be honest.

1 week prior notification. No blocks mined. Mid difficulty at start and then smooths out means no 'premining' for sometime.

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May 12, 2013, 06:51:05 AM
 #5

Else someone else from 'LA' is going to be doing it.

I resemble that statement!   Cheesy

But you should be grateful it wasn't someone from India rolling out this IndianCoin alt coin, as later when asked you can give the assurance that it wasn't done by anyone from India and that there no Indians were being solicited as a result.

Now where opportunities lie may be with something like this:
 - http://www.youtube.com/watch?v=noW77GqmNBQ

That gives a way for a person without a smartphone or with technical skills to securely print a paper wallet at home.  That paper wallet can then be used to receive bitcoins from anyone with a smartphone, or from a Bitcoin ATM, for instance.

Unichange.me

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apurvslam
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May 12, 2013, 07:02:55 AM
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yes.. i m sure we will come up with a much more organised and useful coin in due time but this IndianCoin is just going to be pumped and dumped hard if it hits any exchange... so many altcoins propping up...geez!

I like it a bit to be honest.

1 week prior notification. No blocks mined. Mid difficulty at start and then smooths out means no 'premining' for sometime.

hmm..interesting... its just that he should have atleast mentioned it here in courtesy.


“First they ignore you, then they ridicule you, then they fight you, and then you win.” -Mahatma Gandhi
apurvslam
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May 12, 2013, 07:04:18 AM
 #7

Else someone else from 'LA' is going to be doing it.

I resemble that statement!   Cheesy

But you should be grateful it wasn't someone from India rolling out this IndianCoin alt coin, as later when asked you can give the assurance that it wasn't done by anyone from India and that there no Indians were being solicited as a result.

Now where opportunities lie may be with something like this:
 - http://www.youtube.com/watch?v=noW77GqmNBQ

That gives a way for a person without a smartphone or with technical skills to securely print a paper wallet at home.  That paper wallet can then be used to receive bitcoins from anyone with a smartphone, or from a Bitcoin ATM, for instance.


Thats one way to look at it!..

Neat printer btw...when will it be ready for shipping?




“First they ignore you, then they ridicule you, then they fight you, and then you win.” -Mahatma Gandhi
Benson Samuel
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May 12, 2013, 07:05:16 AM
 #8

Else someone else from 'LA' is going to be doing it.

I resemble that statement!   Cheesy

But you should be grateful it wasn't someone from India rolling out this IndianCoin alt coin, as later when asked you can give the assurance that it wasn't done by anyone from India and that there no Indians were being solicited as a result.

Now where opportunities lie may be with something like this:
 - http://www.youtube.com/watch?v=noW77GqmNBQ

That gives a way for a person without a smartphone or with technical skills to securely print a paper wallet at home.  That paper wallet can then be used to receive bitcoins from anyone with a smartphone, or from a Bitcoin ATM, for instance.


Are you the one behind this? That would be pretty cool :p

Buy yeah, thats quite true as well. The recent Defcad news has had me reading into publishing debatable code.

I had seen the card-board box video of the printer as well. It is very cool.

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May 12, 2013, 12:14:59 PM
Last edit: May 12, 2013, 12:28:05 PM by rezurect
 #9

Bullshitcoin at its best.

Coin has been released earlier because of working overtime to get it done. Please inform me if their is any issues thanks!!!
IndianCoin.zip (1.2 MB)
https://mega.co.nz/#!8dVSnTZQ!WA6t6wyNBXMso8F9IeXICX4kBIpibGaQd5nkyzBMX-o

Big update. The coin will be finished by next Friday which is the 17th.

wtf. announced release date 17th.
Use your brain when you scam. Don't make it obvious.

Still has /yac in the git directory,
Yac client unchanged, with yac blockchain,
Website is a clone of Novacoin,

Code:

{
"version" : "v0.4.0.0-g32a928e-beta",
"protocolversion" : 60005,
"walletversion" : 60000,
"balance" : 0.00000000,
"newmint" : 0.00000000,
"stake" : 0.00000000,
"blocks" : 56490,
"moneysupply" : 2624018.35128100,
"connections" : 3,
"proxy" : "",
"ip" : "I.4M.4N.h4x0r",
"difficulty" : 6.35144948,
"testnet" : false,
"keypoololdest" : 1368358602,
"keypoolsize" : 104,
"paytxfee" : 0.00000000,
"errors" : ""
}

"ip" : "I.4M.4N.h4x0r",

You're just an "455.h013"
The guy is so lazy,  he'd forget to put a wallet stealer in his Walletstealer.exe

And finally to top it all, He edits his OP to:
LOL THIS WAS BIG TROLL. But seriously the actually finished copy of IndianCoin will be released on Friday the 17th

Trollcoin.
Benson Samuel
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May 12, 2013, 12:35:30 PM
 #10

lol, i think last weeks flood of alt coins has killed the alt coin rush.

18dew
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May 14, 2013, 02:04:52 PM
 #11

Ya Many alt coins came in and went over last weeks but only those who offer sustaining ecosystem would last rest all would be lost some where.

Like bitcoin / Litecoin has...
(i.e. Invest, buy , sell  etc )
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