Littleshop
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Merit: 1004
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August 11, 2011, 02:02:18 PM |
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This is a great way to launder your bitcoins.... If you have to buy btc using usd you are linked to the coins you buy but if you then buy ixcoins which is a different blockchain youve effectively gone off the grid. And so has your money.
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Littleshop
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Activity: 1386
Merit: 1004
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August 11, 2011, 02:04:28 PM |
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As much as I think ixcoin is silly, and a ploy for setting up one or two people as artificial early adopters (through the pre-generation of nearly half a million ixcoins), moving the thread to off-topic is a form of censorship. It is quite on the topic of bitcoin.
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nmat
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August 11, 2011, 02:08:42 PM |
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As much as I think ixcoin is silly, and a ploy for setting up one or two people as artificial early adopters (through the pre-generation of nearly half a million ixcoins), moving the thread to off-topic is a form of censorship. It is quite on the topic of bitcoin.
That is arguable. This is Bitcoin forum and there is a Bitcoin discussion section. The topic is about Ixcoin, which has its own forums, so it doesn't seem totally unappropriated to consider it offtopic here...
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payb.tc
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August 11, 2011, 02:11:32 PM |
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As much as I think ixcoin is silly, and a ploy for setting up one or two people as artificial early adopters (through the pre-generation of nearly half a million ixcoins), moving the thread to off-topic is a form of censorship. It is quite on the topic of bitcoin.
That is arguable. This is Bitcoin forum and there is a Bitcoin discussion section. The topic is about Ixcoin, which has its own forums, so it doesn't seem totally unappropriated to consider it offtopic here... here's a test: is namecoin offtopic?
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Nasakioto (OP)
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Thomas Nasakioto
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August 11, 2011, 02:15:38 PM |
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here's a test: is namecoin offtopic?
Touché...
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nmat
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August 11, 2011, 02:26:59 PM |
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here's a test: is namecoin offtopic?
Oh... Of course. I didn't remember that You are right then. They are technically similar. The only difference is that namecoins were created with a purpose
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anty
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August 11, 2011, 02:49:12 PM |
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dancupid
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August 11, 2011, 02:54:37 PM |
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I for one am happy that this exists. We need more of these experiments. I'd like to see a cloneCoin client that accepts the current blockchain and then forks. That would be a useful experiment (becasue one day that will have to happen with bitcoin)
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JohnDoe
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August 11, 2011, 02:58:13 PM |
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So people are actually buying these huh? Intriguing.
Btw, the max amount of bitcoins will be reached around year 2140, not 2033.
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nmat
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August 11, 2011, 03:02:51 PM |
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inb4 this 00011000 00188100 00188100 00188100 00188100 00188100 00188100 01111111 01810181 01110111
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dancupid
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August 11, 2011, 03:05:28 PM |
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So people are actually buying these huh? Intriguing.
Btw, the max amount of bitcoins will be reached around year 2140, not 2033.
I bought some (28 Ixcoins) just to see how it worked. The fact that within a day we already have an independent exchange is pretty spectacular. It proves the power of decentralized digital currency. (and it's adds to the anonymity - shift your coins from one currency and back to another and no one can trace you). It's trivial for any established exchange to add a new digital currency.
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JohnDoe
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August 11, 2011, 03:16:40 PM |
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I bought some (28 Ixcoins) just to see how it worked. The fact that within a day we already have an independent exchange is pretty spectacular. It proves the power of decentralized digital currency. (and it's adds to the anonymity - shift your coins from one currency and back to another and no one can trace you). It's trivial for any established exchange to add a new digital currency.
Agreed, but I don't see any advantages to Ixcoin. Actually I see it as completely doomed if the max amount is really to be reached on 2015 because it probably won't have enough value for miners to continue mining solely on transaction fees.
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makomk
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August 11, 2011, 03:27:40 PM |
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If someone starts a new chain and gives me a pool to connect to, I'll throw 0.5 GH/s at it to help invalidate this idiot's 1/3 share of the coins, then maybe this idea could be worth something.
Not possible. He's using the block chain checkpointing feature to make his Ixcoin client reject any blockchain in which the first 6050 blocks aren't the ones he generated.
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Quad XC6SLX150 Board: 860 MHash/s or so. SIGS ABOUT BUTTERFLY LABS ARE PAID ADS
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dancupid
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August 11, 2011, 03:39:59 PM |
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Agreed, but I don't see any advantages to Ixcoin. Actually I see it as completely doomed if the max amount is really to be reached on 2015 because it probably won't have enough value for miners to continue mining solely on transaction fees.
OMG the price is tanking - I've lost nearly 0.04 bitcoins! I'm too emotional right now to give you a dollar price.
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symbian
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August 11, 2011, 03:51:14 PM |
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Why don't use namecoin to exchange it for BTC and back to improve anonymity.
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mike85123
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August 11, 2011, 03:58:58 PM |
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is there anything like bitcoincharts for these?
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Mousepotato
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August 11, 2011, 04:13:56 PM |
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Errbody go mine Ixcoins now! Get off the Bitcoin network! Do it!
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Mousepotato
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bansal
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August 11, 2011, 04:16:37 PM |
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There's a higher volume on the ixcoin exchange than the namecoin exchange lol
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Raoul Duke
aka psy
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August 11, 2011, 04:22:00 PM |
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There's a higher volume on the ixcoin exchange than the namecoin exchange lol
Namecoin, devcoin and groupcoin are more fail than the failwhale from twitter
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Bimmerhead
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August 11, 2011, 04:25:51 PM |
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When I'm bitcoin pooled mining, I'm running at about 180,000 khash, but on ixcoin mining with the same miner (poclbm) I'm getting about 800 khash/second.
Any ideas why that would be?
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