Hydroponica (OP)
Full Member
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Activity: 182
Merit: 100
fml
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August 22, 2013, 10:57:03 PM |
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Ok, so, I posted this in some thread; Why put time and effort, into a coin that will be dead soon? In regards to IFC, and, it was deleted, instead of responded too, which pissed me off. Let me explain something to you IFC supporting retards, who obviously don't have the first clue, about how a crypto network works; IFC is designed to run out of mine able blocks, very quickly. Once this happens, there will be no worth while incentive, for miners, to continue mining it. If miners are not mining it, there won't be any blocks found. If no blocks are found, there will be no confirmations. If there are no confirmations, there can be no completed transactions. If there are no completed transactions, you can't move your fucking coins, anywhere. Yes, you'll still get transactions fees, blah, blah, blah. Nobody gives a shit about tiny transaction fees. Most of us, were borned and raised into capitalism, and, we have power bills to pay. 99% of people, will move on to a different coin, that is actually profitable to mine. This wake up call, has been brought to you today, by the letter, F.
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anderl
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August 22, 2013, 11:04:13 PM |
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Ok, so, I posted this in some thread; Why put time and effort, into a coin that will be dead soon? In regards to IFC, and, it was deleted, instead of responded too, which pissed me off. Let me explain something to you IFC supporting retards, who obviously don't have the first clue, about how a crypto network works; IFC is designed to run out of mine able blocks, very quickly. Once this happens, there will be no worth while incentive, for miners, to continue mining it. If miners are not mining it, there won't be any blocks found. If no blocks are found, there will be no confirmations. If there are no confirmations, there can be no completed transactions. If there are no completed transactions, you can't move your fucking coins, anywhere. Yes, you'll still get transactions fees, blah, blah, blah. Nobody gives a shit about tiny transaction fees. Most of us, were borned and raised into capitalism, and, we have power bills to pay. 99% of people, will move on to a different coin, that is actually profitable to mine. This wake up call, has been brought to you today, by the letter, F. Can you point to where in the code the hard cap is what the lowest possible block reward is. Then do the math to extrapolate when the cap will be reached. It's a long time from now.
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Hydroponica (OP)
Full Member
Offline
Activity: 182
Merit: 100
fml
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August 22, 2013, 11:36:03 PM |
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Ok, so, I posted this in some thread; Why put time and effort, into a coin that will be dead soon? In regards to IFC, and, it was deleted, instead of responded too, which pissed me off. Let me explain something to you IFC supporting retards, who obviously don't have the first clue, about how a crypto network works; IFC is designed to run out of mine able blocks, very quickly. Once this happens, there will be no worth while incentive, for miners, to continue mining it. If miners are not mining it, there won't be any blocks found. If no blocks are found, there will be no confirmations. If there are no confirmations, there can be no completed transactions. If there are no completed transactions, you can't move your fucking coins, anywhere. Yes, you'll still get transactions fees, blah, blah, blah. Nobody gives a shit about tiny transaction fees. Most of us, were borned and raised into capitalism, and, we have power bills to pay. 99% of people, will move on to a different coin, that is actually profitable to mine. This wake up call, has been brought to you today, by the letter, F. Can you point to where in the code the hard cap is what the lowest possible block reward is. Then do the math to extrapolate when the cap will be reached. It's a long time from now. Not that a coin that started with a 524,288 block reward needs to get all the way to zero, before people stop giving a fuck, but, block reward hits "1" after ~20 months from release
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pbassjunk
Newbie
Offline
Activity: 29
Merit: 0
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August 22, 2013, 11:45:10 PM |
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Makes sense enough, so many new coins coming out it there's no incentive to stick around. And the staggering amount of existing coin out there, basically insures that there will never be rarity value.
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gnode
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August 22, 2013, 11:50:30 PM |
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Ok, so, I posted this in some thread; Why put time and effort, into a coin that will be dead soon? In regards to IFC, and, it was deleted, instead of responded too, which pissed me off. Let me explain something to you IFC supporting retards, who obviously don't have the first clue, about how a crypto network works; IFC is designed to run out of mine able blocks, very quickly. Once this happens, there will be no worth while incentive, for miners, to continue mining it. If miners are not mining it, there won't be any blocks found. If no blocks are found, there will be no confirmations. If there are no confirmations, there can be no completed transactions. If there are no completed transactions, you can't move your fucking coins, anywhere. Yes, you'll still get transactions fees, blah, blah, blah. Nobody gives a shit about tiny transaction fees. Most of us, were borned and raised into capitalism, and, we have power bills to pay. 99% of people, will move on to a different coin, that is actually profitable to mine. This wake up call, has been brought to you today, by the letter, F. Can you point to where in the code the hard cap is what the lowest possible block reward is. Then do the math to extrapolate when the cap will be reached. It's a long time from now. Not that a coin that started with a 524,288 block reward needs to get all the way to zero, before people stop giving a fuck, but, block reward hits "1" after ~20 months from release Thank you for this insight! Now Hydro get back to work on improving your coins MST and GIL so that the price will go up and I can become a millionaire and retire so that I can get fat just sitting at my computer all day eating donuts and drinking coffee.
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digitalindustry
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August 23, 2013, 01:59:47 AM |
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Letter F isn't my favorite , but i still like it !
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- Twitter @Kolin_Quark
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altcoinband
Newbie
Offline
Activity: 7
Merit: 0
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August 23, 2013, 02:05:39 AM |
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There is an IFC clone in the forum
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muddafudda
Legendary
Offline
Activity: 1008
Merit: 1022
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August 23, 2013, 05:57:07 AM |
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Truth about mastercoin and Gil. Pump and dumps with 0 services. Cool game bro
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minerapia
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August 23, 2013, 06:45:53 AM |
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IFC and percentage of coins mined (12 first months) 50,00% | 75,00% | 87,50% | 93,75% | 96,88% | 98,44% | 99,22% | 99,61% | 99,80% | 99,90% | 99,95% | 99,98% |
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donations -> btc: 1M6yf45NskQxWXknkMTzQ8o6wShQcSY4EC ltc: LeTpCd6cQL26Q1vjc9kJrTjjFMrPhrpv6j
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usahero
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August 23, 2013, 06:59:50 AM |
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There is possible raise in fee size.
There is possibility that big holders of IFC will be also miners of it, just to sustain it's value. Even if it would not be profitable to mine by converting the coins into btc, it could turn out profitable for maintaining working&secure network for someone who holds significant percentage of whole supply.
And yeah, just like other coins, this one could die and one day will die. But we have no clue how long it will last. It could be weeks or could be years before it dies. It is up to developers and holders to make it and keep it valuable coin.
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Den821
Full Member
Offline
Activity: 207
Merit: 100
XDE2, PAYS HUNDREDS OF DOLLARS A WEEK TO PROMOTERS
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August 26, 2013, 07:32:26 PM |
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There is possible raise in fee size.
There is possibility that big holders of IFC will be also miners of it, just to sustain it's value. Even if it would not be profitable to mine by converting the coins into btc, it could turn out profitable for maintaining working&secure network for someone who holds significant percentage of whole supply.
And yeah, just like other coins, this one could die and one day will die. But we have no clue how long it will last. It could be weeks or could be years before it dies. It is up to developers and holders to make it and keep it valuable coin.
yeah, nobody knows what will happen, even hydroponica-pessimist ... there are enough possibilities and alternatives (development, hash-power provided by community and big holders etc.) the fact is, infinitecoin has done very well and ifc is still rising !! the community have enough ideas, no reason for pessimism! join our new goup @ infinitecointalk.org
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maanto
Newbie
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Activity: 30
Merit: 0
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August 26, 2013, 07:38:41 PM |
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Nope, can't cash out and pay the power bill with the coins, not worth mining. No one cares about it anymore nothing can save it. Everyone back to Bitcoin!
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saamxx
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August 26, 2013, 08:08:34 PM |
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ahmed_bodi
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August 26, 2013, 08:17:07 PM |
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For once I agree. Ifc will fall. The only reason ifc is anywhere today is because of the hype of altsavings and the new fontas aka headless
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Bitrated user: ahmedbodi.
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minerapia
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August 26, 2013, 08:21:46 PM |
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Something is odd in coin if 50% is mined at first month.
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donations -> btc: 1M6yf45NskQxWXknkMTzQ8o6wShQcSY4EC ltc: LeTpCd6cQL26Q1vjc9kJrTjjFMrPhrpv6j
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saamxx
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August 26, 2013, 08:27:55 PM |
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For once I agree. Ifc will fall. The only reason ifc is anywhere today is because of the hype of altsavings and the new fontas aka headless
You're naive.No one real Headless exist. believe.... The only thing that exists - that's the plan...)))) Headless, do you want to argue?))))
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ahmed_bodi
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August 27, 2013, 09:17:03 AM |
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well duh why dont u think i called him fontas. theyre only good at hyping stuff
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Bitrated user: ahmedbodi.
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