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[BitcoinEXpress]

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[fcmatt]

I am not surprised people are mining them and then wanting to trade them for btc.
What i think will happen over time is that the price will fall to next to nothing and then it will fade away.

[smoothie]

I am not surprised people are mining them and then wanting to trade them for btc.
What i think will happen over time is that the price will fall to next to nothing and then it will fade away.

until then...party on baby! 

[Chris Acheson]

until then...party on baby! 

Party's over in 2 and a half hours.

[smoothie]

until then...party on baby! 

Party's over in 2 and a half hours.

Something tells me that 150 to 200 GH/s at difficulty 4096 is not going to be party over.

[Chris Acheson]

Something tells me that 150 to 200 GH/s at difficulty 4096 is not going to be party over.

Mining for it will no longer be any more profitable than BTC mining.

[smoothie]

Something tells me that 150 to 200 GH/s at difficulty 4096 is not going to be party over.

Mining for it will no longer be any more profitable than BTC mining.

And you can see the exchange rates for the next 5 hours in the future? Please if you can then share the info!

[Chris Acheson]

Something tells me that 150 to 200 GH/s at difficulty 4096 is not going to be party over.

Mining for it will no longer be any more profitable than BTC mining.

And you can see the exchange rates for the next 5 hours in the future? Please if you can then share the info!

Sure, about the same as they have been.  Do you have some reason to believe that they'll go up?

[smoothie]

Something tells me that 150 to 200 GH/s at difficulty 4096 is not going to be party over.

Mining for it will no longer be any more profitable than BTC mining.

And you can see the exchange rates for the next 5 hours in the future? Please if you can then share the info!

Sure, about the same as they have been.  Do you have some reason to believe that they'll go up?

Just a hunch. I have traded in markets and this feels like a rally that has not started yet.

It may be short but there is a rally...

[Mousepotato]

Sure, about the same as they have been.  Do you have some reason to believe that they'll go up?

Hey Chris, the Ixcoin exchange is blocked for me at work.  What's the current exchange rate right now?  I can't see it.  Last night I remember it was .0008.  Can you tell us what it is now?  Thanks!

[enmaku]

Sure, about the same as they have been.  Do you have some reason to believe that they'll go up?

Hey Chris, the Ixcoin exchange is blocked for me at work.  What's the current exchange rate right now?  I can't see it.  Last night I remember it was .0008.  Can you tell us what it is now?  Thanks!

Last Price:   0.00214300   High:   0.00249800   Low:   0.00023231   Volume:   346938.55050340   Time:   08/13/11 04:31:50

[Chris Acheson]

Sure, about the same as they have been.  Do you have some reason to believe that they'll go up?

Hey Chris, the Ixcoin exchange is blocked for me at work.  What's the current exchange rate right now?  I can't see it.  Last night I remember it was .0008.  Can you tell us what it is now?  Thanks!

It was around 0.0015 leading up to the difficulty increase.  It's hovering around 0.0021 right now.  Not exactly impressive, considering that the difficulty quadrupled.  The price range has mostly stayed around 0.001 to 0.002 since the exchange started.

If the hashrate hasn't dropped since I last checked, there'll be another 4x difficulty increase in about a day and a half.

[enmaku]

Sure, about the same as they have been.  Do you have some reason to believe that they'll go up?

Hey Chris, the Ixcoin exchange is blocked for me at work.  What's the current exchange rate right now?  I can't see it.  Last night I remember it was .0008.  Can you tell us what it is now?  Thanks!

It was around 0.0015 leading up to the difficulty increase.  It's hovering around 0.0021 right now.  Not exactly impressive, considering that the difficulty quadrupled.  The price range has mostly stayed around 0.001 to 0.002 since the exchange started.

If the hashrate hasn't dropped since I last checked, there'll be another 4x difficulty increase in about a day and a half.

We're still in the "initial climb" stage for difficulty, so analysis is difficult. That said, IXC has gotten a LOT of attention this week, certainly enough that as many people are aware of it as are aware of NMC. NMC may have an actual use aside from just currency, but bitparking NMC volume vs actual dot-bit registrations should prove that it's NOT being traded because of its intended purpose. I expect to see IXC on competitive par with NMC, perhaps moreso considering that it's far easier to use than the current command-line-only NMC implementation. That said, I'm holding on to most of the IXC I generated when difficulty was 4. I could maybe get a few hundred USD out of them right now but I think this market is just getting started.

Edit: Oh, and as for this:

Not exactly impressive, considering that the difficulty quadrupled

As I mentioned, we're still in the "initial climb" phase. Whether you're of the school that believes difficulty influences price (or vice versa) I think we can all agree right now that difficulty is meaningless. If you've got some analysis once it STOPS climbing by factors of four let me know  

On a related note, look what NMC profitability was like during their "initial climb" - http://tvori.info/bitcoin/charts/ (the light blue line).

[RandyFolds]

The new IXCoin Exchange run by DoubleC at Bitparking has over 385,000 in volume and over 300 BTC traded today.

The also have a pool with 32GH/s.

Looks like IXC is here to stay.

You scam-hyping pile-o-shit.

/thread

[JoelKatz]

Sure, about the same as they have been.  Do you have some reason to believe that they'll go up?

Someone pumped in about $2,000 and the rate shot up from .0006 to .001 -- there are something like 400,000 IXC outstanding, so at .0006, it would have only taken 2,400 bitcoins to buy every single ixcoin. Because the volume is so low, the prices are mythical.

Sooner or later, prices will nosedive heavily. I'm thinking sooner. The next question is whether ixcoins will survive that nosedive.

On the bright side, we now know what critical defect in bitcoins are solved by ixcoins -- insufficient divisibility.

[smoothie]

The new IXCoin Exchange run by DoubleC at Bitparking has over 385,000 in volume and over 300 BTC traded today.

The also have a pool with 32GH/s.

Looks like IXC is here to stay.

You scam-hyping pile-o-shit.

/thread

Salty early-adopter?

[nmat]

On the bright side, we now know what critical defect in bitcoins are solved by ixcoins -- insufficient divisibility.

I really laughed.

[RandyFolds]

The new IXCoin Exchange run by DoubleC at Bitparking has over 385,000 in volume and over 300 BTC traded today.

The also have a pool with 32GH/s.

Looks like IXC is here to stay.

You scam-hyping pile-o-shit.

/thread

I'll put 100BTC in any escrow that we can both agree upon and when I PROVE it!

It's mine or if I can't It's yours.


I was one of the early adopters of BTC and also one of the early IXC miners with 28GH/s at difficulty 16. If the math doesn't hang you up figure out what the blocks and coin count is at 96IXC per block since two hours after it was announced.

Shut up or put up you Georgia Trailer Trash.

Prove what? What the fuck are you even talking about? What is up with that grammar and sentence structure?

 Go back to mining your scamcoins and grinding your dignity into the mud even more, you racist twat.

[nmat]

I'll put 100BTC in any escrow that we can both agree upon and when I PROVE it!

It's mine or if I can't It's yours.

[nmat]

Truthfully I do not understand why all the hate for IXC, how is it a threat to BTC, serious question?

As for me, I don't think it is a threat to BTC. Ixcoins can harm or benefit bitoins. It is too early to tell.

What I don't like is the idea behind it (which is none). I believe in BTC and I support it. Ixcoins only have one motivation: profit. I think it is wrong from a conceptual point of view.