Ixcoin TODO

[markm]

Anyway,  please add your final edits... this is last call!

s/The creator, used /The creator used /

Also it is not exactly like bitcoin as it makes 96 coins per block and does not lower that over time but instead stops boom directly down to zero at some specific block number.

Not sure if its block timing target is exactly the same maybe it is but its difficulty adaptation is probably more adaptive (adaptive meaning faster, and maybe up up to 10% down up to 50% or somesuch).

Don't worry about missing this DOGE pump, there have been others and likely will be others in the future.

Place your lowball buy offers ready to catch it cheap on th way back down.

Then as those sell put the resulting coins way up in extreme highball offers and working downward to about where the top of the last peak was, to catch it on its way back up hopefully higher next time around.

Volume of IXCoin is probably low due to buy offers being insultingly low.

Once people start offering a buck or few bucks or several bucks per coin people's wallets will start to open a little more I expect.

-MarkM-

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[VERUMinNUMERIS]

There's 17 million coins out there.  I have such a hard time believing $.11 is too low giving almost all those coins were either mined for free or bought at 1 Penny or lower.

So why isn't any other coin with that many coins outstanding not behaving this way?  Especially for a coin supposedly nobody wants.  Why aren't the pools and miners dumping everything they have?  It just doesn't add up.  Out of 17 million coins there should be a few million with low standards or in need of quick easy profits and we have never seen that on this coin.  It really makes you wonder what's going on behind the scenes. 

[Vivisector999]

If it makes you feel better I sold the DOGE I mined to buy IXCoins  lol.  I never did like that coin, but the money is flowing there so might as well grab some while I can.

[FrictionlessCoin]

If it makes you feel better I sold the DOGE I mined to buy IXCoins  lol.  I never did like that coin, but the money is flowing there so might as well grab some while I can.

I did the same.   No regrets though.

[FrictionlessCoin]

There's 17 million coins out there.  I have such a hard time believing $.11 is too low giving almost all those coins were either mined for free or bought at 1 Penny or lower.

So why isn't any other coin with that many coins outstanding not behaving this way?  Especially for a coin supposedly nobody wants.  Why aren't the pools and miners dumping everything they have?  It just doesn't add up.  Out of 17 million coins there should be a few million with low standards or in need of quick easy profits and we have never seen that on this coin.  It really makes you wonder what's going on behind the scenes. 

Well, the price has been pretty stable for a while now.

Like I said,  I've seen pump and dumps come and go,  but iXcoin just stays around 2 million market cap.

[Dexter44]

First: I am allergic to DOGiEs.
Second: I think they are like diversions from what really matters: can you imagine the twins Winklevoss or Andreessen Horowitz rushing in their vault in order to sell out bitcoins for doges?
Can you imagine Ghash.io mining Doges?
No? This is why: Doge is about speculation, Bitcoin, like iXcoin, is about development and features.
Now if we are here to speculate go and create a dozen of new coins each, if we are here because we really believe something unique can happen, that's different.

FIRST THING NEEDS TO BE DONE: Windows 0.8.6 client, not tomorrow ... yesterday.

[FrictionlessCoin]

First: I am allergic to DOGiEs.
Second: I think they are like diversions from what really matters: can you imagine the twins Winklevoss or Andreessen Horowitz rushing in their vault in order to sell out bitcoins for doges?
Can you imagine Ghash.io mining Doges?
No? This is why: Doge is about speculation, Bitcoin, like iXcoin, is about development and features.
Now if we are here to speculate go and create a dozen of new coins each, if we are here because we really believe something unique can happen, that's different.

FIRST THING NEEDS TO BE DONE: Windows 0.8.6 client, not tomorrow ... yesterday.

The market right now is being manipulated by the miners.   Just look at the latest coin that exploded, mooncoin... why?  because it got into multipool.us that is why.   If you can ensure enough hash rate as the price rises,  then you can make sure your pump doesn't get met with a lot of sell orders.   

The reason miners dislike iXcoin is because they can't acquire the coins for next to nothing and pump it.  iXcoin must be acquired in the open market and that risk is too great for miners who are also pump and dumpers.

[Dexter44]

How let people know about iXcoin without having to sign up all the times to forums or websites.

Many altcoins related articles have the possibility to leave a comment. If it allows to post as guest, you just give your name and email, then write a brief message about iXcoin. You will be surprised by the number of messages/articles you can leave all around the net.

[Dexter44]

It's incredible how much you can perceive from what's written.

https://ghash.io/ghashio_press_release.pdf
Page 2
•We will implement a feature, allowing CEX.IO users to mine bitcoins from other pools. So when they purchase GH/s they can put it towards any pool they choose.

So, in order to expand their cloud mining without risking a 51% attack to bitcoin, they are gonna welcome under their wings other pools.

Do you get what it means for iXcoin having a big boy like this on its side?

[FrictionlessCoin]

It's incredible how much you can perceive from what's written.

https://ghash.io/ghashio_press_release.pdf
Page 2
•We will implement a feature, allowing CEX.IO users to mine bitcoins from other pools. So when they purchase GH/s they can put it towards any pool they choose.

So, in order to expand their cloud mining without risking a 51% attack to bitcoin, they are gonna welcome under their wings other pools.

Do you get what it means for iXcoin having a big boy like this on its side?

Yup, we got the biggest of the boys on our side.

Absolutely no way I would be selling at 11 cents.

[ninjarobot]

I was considering taking a position in IXC, however the coin generation properties worries me:

Also it is not exactly like bitcoin as it makes 96 coins per block and does not lower that over time but instead stops boom directly down to zero at some specific block number.

there are currently ~13M iXcoins (as of June 2013) in existence and it is expected that all 21 million iXcoins will have been generated by 2015.

What will happen to the network hashrate in 2015? There will be no reason to merge-mine it anymore and it won't be widely adopted enough for fees to provide an alternative...

[markm]

Coloured coins might help.

Any transactions of any currency that rides on the IXCoin blockchain is an IXCoin transaction too...

-MarkM-

[FrictionlessCoin]

I was considering taking a position in IXC, however the coin generation properties worries me:

Also it is not exactly like bitcoin as it makes 96 coins per block and does not lower that over time but instead stops boom directly down to zero at some specific block number.

there are currently ~13M iXcoins (as of June 2013) in existence and it is expected that all 21 million iXcoins will have been generated by 2015.

What will happen to the network hashrate in 2015? There will be no reason to merge-mine it anymore and it won't be widely adopted enough for fees to provide an alternative...

This will require discussion with the major pool operators.

[solracx]

Here's the new logo that I would like to adopt:





Comments

[Dexter44]

I love it!

[FrictionlessCoin]

This is an absolutely great application for iXcoin.

http://www.cryptostamp.net/how-it-works.php



Here is a youtube video that explains it:

http://www.youtube.com/watch?v=xIXq-ZIQP7c

At this time,  the bitcoin network would like treat this messages as spam ( less than 5430 satoshis).

However, it should work for iXcoin even if we have an 5430 thomases filter on spam.

[Dexter44]

So every produced picture or document can get an indelible proof of date of creation or trasmission of it, avoiding legal issues linked to the time it was produced/delivered (e.g. to prove a certain file o software existed before -> copyright protection).
Question: can it be applicable to iXcoin considering the 2015 deadline? Will the mining still be used to produce, instead of coins, valid stamps?
Every coin can validate 100.000.000 documents. It seems a lot, but if extensively used, ixcoin would be in a better position being able produce to more "coins".

[FrictionlessCoin]

So every produced picture or document can get an indelible proof of date of creation or trasmission of it, avoiding legal issues linked to the time it was produced/delivered (e.g. to prove a certain file o software existed before -> copyright protection).
Question: can it be applicable to iXcoin considering the 2015 deadline? Will the mining still be used to produce, instead of coins, valid stamps?
Every coin can validate 100.000.000 documents. It seems a lot, but if extensively used, ixcoin would be in a better position being able produce to more "coins".

Yes, of course.  The 2015 deadline is just for mining new coins, but the block chain continues to run.

The reason I brought this up is that in most cases bitcoin doesn't want't their block chain to be polluted with a lot of junk. 

However,  IXC right now has like 50% of BTC hash rate, but its block chain is mostly clean.  You can download the entire block chain in less than an hour!   

Anyway,  that is the general thought.

Anything application that can pollute the Bitcoin block chain in an ideal candidate for implementation of iXcoin.

[FrictionlessCoin]

Here is the updated icon



If you all like it,  then we can pay bounties to the graphic artists.

[jimhsu]

Hi, I'm one of the artists in that thread.

Original files:

sm.psd: https://mega.co.nz/#!Oc0UyKbK!VtNzfq3F6HXLQLTwJ05KCXXZlWJWMNHyrUhsH2djNmY

smc.psd: https://mega.co.nz/#!PA0wyBYB!kRzNa9xm1d1x7pSe3SRIMSCe9X5ujVxlRSmtS3FRbeA

For the update version, the IXC might be too big relative to the circle (especially on the 3 upper right, lower left, and lower right corners). May not reproduce well at smaller sizes.