Ixcoin TODO

[FrictionlessCoin]

DOGE got onto VIrcurex because Vircurex is starved for volume and DOGE had good volume.

I nearly dropped Vircurex at that point, and still consider it a very bad sign that they didn't replace some other crappy scrypt coin(s) when they put DOGE in, since DOGE has more difficulty/security than any of them but litecoin so if it is even reasonable at all to have more than one scrypt coin DOGE would be the logical choice as the runner-up / also-ran scrypt coin, the rest are just toys waiting to be looted.

-MarkM-

what perplexes me is where all the buying for Doge is coming from.  I have been mining and dumping the coin for over 2 weeks now.  Still no let up from buyers.   Insane. 

[Dexter44]

So, in absence of your opinion, I express mine:

- CEX.io (give your vote for IXC asap, go to support/forum)
- Cryptsy (it's a scam jungle but they are implementing many interesting tools)
- Vircurex (I like it but 8 IXC fee when I0C fee is 0.01, it's crazy + their service is a little bit messy)

[markm]

what perplexes me is where all the buying for Doge is coming from.  I have been mining and dumping the coin for over 2 weeks now.  Still no let up from buyers.   Insane. 

Probably same person buying high and selling low.

I have had buy and sell orders sitting untouched for weeks because someone is buying slightly higher than my highest untouched buy order and selling slightly lower than my lowest untouched sell order.

Basically they seem content to take a smaller percent on all orders instead of a larger percent on only those orders that reach up or down farther than this narrow band in which they have been confining it.

-MarkM-

[FrictionlessCoin]

what perplexes me is where all the buying for Doge is coming from.  I have been mining and dumping the coin for over 2 weeks now.  Still no let up from buyers.   Insane. 

Probably same person buying high and selling low.

I have had buy and sell orders sitting untouched for weeks because someone is buying slightly higher than my highest untouched buy order and selling slightly lower than my lowest untouched sell order.

Basically they seem content to take a smaller percent on all orders instead of a larger percent on only those orders that reach up or down farther than this narrow band in which they have been confining it.

-MarkM-

Feathercoin also has a lot of volume for a coin.  Perhaps the early adopters are so wealthy that they are able to create a market?

Do we have bots that are able to make money via market making activities?

[markm]

No bots yet.

Instead I simply pile up buy and sell offers at every Satoshi of price upwards and downwards from the active "spread" gap.

Bots tend to actually get in the way of that, trying to make it seems in some cases even less on the trades than the exchange itself does, so some of them seem almost to be working more for the exchange than for anyone else.

That is what HFT (High Frequency Trading) is all about, make a satoshi on each deal even if that covers costs, trying to get millions of tiny little pieces instead of simply buying when the price goes low and selling when it goes high.

Presumably eventually exchanges will deploy such bots themselves, keeping prices in a narrow enough range that there is no profit to be made by anyone other than the exchange itself.

Then actual traders will only make something occassionally, when a price move is so large that it breaks right on through the amount of capital the exchange/bot has sitting there doing "buy wall" and "sell wall" each side of a spread so small only the exchange's fee makes anything on the trades.

-MarkM-

[Vlad2Vlad]

DOGE got onto VIrcurex because Vircurex is starved for volume and DOGE had good volume.

I nearly dropped Vircurex at that point, and still consider it a very bad sign that they didn't replace some other crappy scrypt coin(s) when they put DOGE in, since DOGE has more difficulty/security than any of them but litecoin so if it is even reasonable at all to have more than one scrypt coin DOGE would be the logical choice as the runner-up / also-ran scrypt coin, the rest are just toys waiting to be looted.

-MarkM-

what perplexes me is where all the buying for Doge is coming from.  I have been mining and dumping the coin for over 2 weeks now.  Still no let up from buyers.   Insane. 

Massive Hype + Stupid People = Massive stupid Profits.

Just imagine if/when hype or real demand hits iXcoin?  This coin is so tightly wound that it can pop to $10 in a matter of days.

So are we still gonna see that PR on Monday?

I'm now getting offers on 2 domain names:  TeslaCoin and ZionCoin so I may have enough money to reboot my old LLC's and launch a PR Campaign of my own.

My PR's would be totally legit, I will not sell any coins on just my spike.  I say this as other coins have done PR's not to inform but to pump and dump their coins.  This is not my intent as I have been buying from half a penny all the way to now, 12 cents (in order to replace the bounty I gave Friction).  Pumpers don't buy all the way up - they dump it all which I have never done.

[Vlad2Vlad]

BTW, anybody here with any experience with domain names?

How does one appraise a domain name.  Coin domains are still little known so I imagine any decent coin domain (like TeslaCoin.com) will sky rocket once alt coins really become popular and go mainstream which should start happening later this year.

I'm gonna send Elon Musk and email about bidding on TeslaCoin.

The guy is a visionary and what better investment for an electric [auto] company than to buy an electric currency.  Imagine the Eco system such a visionary can build around TeslaCoin.  In car purchases made only with TeslaCoin.  Discounts at the pump when using TeslaCoin.

The possibilities are staggering and it's shocking such a brilliant visionary hasn't thought about it. I think it's worth buying TeslaCoin.com to at least keep it out of the hands of others which could lead to [NameBrand] confusion or tarnish the Tesla image.

[markm]

Hopefully this TeslaCoin would be a coloured coin that runs on top of IXCoin?

Unless he thinks IXCoin is not secure enough and insists on making it a coloured coin that runs on top of Bitcoin?

-MarkM-

[FrictionlessCoin]

Massive Hype + Stupid People = Massive stupid Profits.

Just imagine if/when hype or real demand hits iXcoin?  This coin is so tightly wound that it can pop to $10 in a matter of days.

So are we still gonna see that PR on Monday?

I'm now getting offers on 2 domain names:  TeslaCoin and ZionCoin so I may have enough money to reboot my old LLC's and launch a PR Campaign of my own.

My PR's would be totally legit, I will not sell any coins on just my spike.  I say this as other coins have done PR's not to inform but to pump and dump their coins.  This is not my intent as I have been buying from half a penny all the way to now, 12 cents (in order to replace the bounty I gave Friction).  Pumpers don't buy all the way up - they dump it all which I have never done.

Where are you selling your domain names?  I got a couple of *coin domain names that maybe I should unload.

[FrictionlessCoin]

Hopefully this TeslaCoin would be a coloured coin that runs on top of IXCoin?

Unless he thinks IXCoin is not secure enough and insists on making it a coloured coin that runs on top of Bitcoin?

-MarkM-

Exactly!

[Vlad2Vlad]

Massive Hype + Stupid People = Massive stupid Profits.

Just imagine if/when hype or real demand hits iXcoin?  This coin is so tightly wound that it can pop to $10 in a matter of days.

So are we still gonna see that PR on Monday?

I'm now getting offers on 2 domain names:  TeslaCoin and ZionCoin so I may have enough money to reboot my old LLC's and launch a PR Campaign of my own.

My PR's would be totally legit, I will not sell any coins on just my spike.  I say this as other coins have done PR's not to inform but to pump and dump their coins.  This is not my intent as I have been buying from half a penny all the way to now, 12 cents (in order to replace the bounty I gave Friction).  Pumpers don't buy all the way up - they dump it all which I have never done.

Where are you selling your domain names?  I got a couple of *coin domain names that maybe I should unload.

I listed them on here but I'm gonna put them on eBay.  As for tesla I'm gonna write Elon Musk Directly.

What coin domains do you have to sell?

I wish we could get our hands on iXcoin.org.  That's a must have.

[Vlad2Vlad]

Hopefully this TeslaCoin would be a coloured coin that runs on top of IXCoin?

Unless he thinks IXCoin is not secure enough and insists on making it a coloured coin that runs on top of Bitcoin?

-MarkM-

Are you talking about the buyer of TeslaCoin or me?  Well, if a big name like Elon Musk were to buy TeslaCoin I could devibyeky try to sway him towards making TeslaCoin a colored coin running on top of iXcoin which, like you say, would make it instantly secure.

[Vlad2Vlad]

Mark and Friction,

Can say TeslaCoin be made right now a colored coin running on top of iXcoin or do you first need to add Native Colored Coins to IXC's code and release the .7 update?

Cause if you can do it now I would say let's make TeslaCoin the first example, actually do it and then I would literally walk into Elon Musk's office and present him with the coin as a complete and secure, TurnKey currency package.

That would be amazing.  Is this possible right now?  

Cause with such a Hot name we would get massive free press just from the offering.  And like I said, Elon Musk would buy it as a defensive move if nothing else.

What's a couple hundred grand for a high tech company with billions in fresh cash.

[markm]

Heck it could be done as smart property, so each Tesla car's ownership is determined by the blockchain and the car checks who owns it on the blockchain to decide who is allowed to start its engine...

-MarkM-

[Vlad2Vlad]

So, in absence of your opinion, I express mine:

- CEX.io (give your vote for IXC asap, go to support/forum)
- Cryptsy (it's a scam jungle but they are implementing many interesting tools)
- Vircurex (I like it but 8 IXC fee when I0C fee is 0.01, it's crazy + their service is a little bit messy)

Glad to see you're back, Dexter.

Not sure you were here but I did pitch iXcoins to Friction for development.  I did it more to not lose guys like you than any other reason so I'm glad you're back.

[Vlad2Vlad]

Heck it could be done as smart property, so each Tesla car's ownership is determined by the blockchain and the car checks who owns it on the blockchain to decide who is allowed to start its engine...

-MarkM-

Oh man, that's effing Brilliant.

You tell me Mark, would Musk be foolish to not lock in this potential by buying this domain?   He can so so much with it.  TeslaCoin's blockchain can streamline so much, from the upfront sale to the backed work, it's all right there, saving millions on costs and red tape alone.

Can we do this before someone launches a TeslaCoin ShitCoin and muddies up the water?

Mark, can you copy and paste some simple code just so we can take this possibility away from anyone else? I mean, a domain sale would be worth more if we had the coin to sell with it, otherwise they'd have a headache trying To buyout the CrapCoin itself.

[FrictionlessCoin]

I think someone needs to analyze where Dogecoin posted their stories to figure out how to create similar buzz.

[FrictionlessCoin]

Heck it could be done as smart property, so each Tesla car's ownership is determined by the blockchain and the car checks who owns it on the blockchain to decide who is allowed to start its engine...

-MarkM-

No man... go one stop further.  Smart Property determines the time when you have access to the self driving tesla vehicle.   No sense in having that Tesla sitting in the parking lot doing nothing when it can drive itself to another customer and ferry him to the groceries.

So if you got that teslacoin.com domain... go generate a coin at coingen.io  then start mining it!

Hosting it on top of iXcoin can come later.

But selling the coin with the domain name should fetch you more than just the domain name.

[Vlad2Vlad]

It is done.  

TeslaCoin To be the first coin to ride on top of iXcoin's Native Colored Coins and ultra secure Network.

If people are too uninformed to get the value of iXcoin then we'll simply prove it.

Once this is done I'll personally try to sell Elon Musk on it.

I know:  I'm insane.

Ain't that the truth!  Ha!


https://bitcointalk.org/index.php?topic=420605.new#new

[markm]

A scamcoin is not the way to go.

Anyone could double-buy all the teslas with just a few thousand GPUs or ASICs or whatever.

Starting out with a scam is not a good idea for a legitimate enterprise.

-MarkM-