Raoul Duke
aka psy
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Merit: 1002
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August 18, 2011, 12:03:52 PM |
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Well well..what have we here LOL...
So ioucoins has its own scam thread now?
Oh, it's still very far from reaching the ammount of pages your dear "Ixcoin is a SCAM" thread has... and probably never will reach it. Disclaimer: My above statement doesn't mean that I0coin is less of a scam than Ixcoin is. Less of a scam than ixcoin? Obviously, simply for the reason of having no anonymous founder sitting on 500k coins. Not a scam? Well... not a *intentional* scam. Imo the whole thing will end up as a pyramid scheme with "investors" holding a bunch of worthless coins simply because it's a alternate blockchain bringing nothing of real value to the table. So... why did I mine it? Well... why not? I also threw > 10Ghps at testnet for a day just for fun. I was just trying to point out to oldminer that I'm in no way deffending I0coin. Nothing more. He has a background of misunderstanding what people say and jump on it to defend Ixcoin and attack I0coin(just look at his signature) ![Roll Eyes](https://bitcointalk.org/Smileys/default/rolleyes.gif)
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caston (OP)
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August 18, 2011, 12:38:40 PM Last edit: August 18, 2011, 01:03:48 PM by caston |
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1) wait until someone launches new p2p currency 2) have pool ready 3) get everyone to mine new p2p currency on your pool 3) use your less than 1 ms latency to mine the shit out of new p2p currency while your pool ensures that you control the blockchain 4) if people complain about only stales while your getting all the blocks blame it on the low difficulty 5) dump coins on exchange to get all the investors bitcoins 6) profit
This is not i0coins's fault and does not make it a scam. It's also flat out wrong. Maybe next time try using a miner that can handle > 1 longpoll/second and doesn't need half a eternity from finding a H==0 to submitting a share. I did that, got >700 of the early blocks with 6Ghps and a 180ms ping to io.btcguild. Hi Art, I used poclbm. Did you use a custom modified miner or a freely available one? Perhaps the H==0 is done by custom asics? http://bitcoinstats.com/irc/logs/2011/01/15/10crap no wonder I'm one of life's losers lmao
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bitcoin BTC: 1MikVUu1DauWB33T5diyforbQjTWJ9D4RF bitcoin cash: 1JdkCGuW4LSgqYiM6QS7zTzAttD9MNAsiK
-updated 3rd December 2017
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Oldminer
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Activity: 1022
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August 18, 2011, 01:14:21 PM |
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Well well..what have we here LOL...
So ioucoins has its own scam thread now?
Oh, it's still very far from reaching the ammount of pages your dear "Ixcoin is a SCAM" thread has... and probably never will reach it. Disclaimer: My above statement doesn't mean that I0coin is less of a scam than Ixcoin is. Less of a scam than ixcoin? Obviously, simply for the reason of having no anonymous founder sitting on 500k coins. Not a scam? Well... not a *intentional* scam. Imo the whole thing will end up as a pyramid scheme with "investors" holding a bunch of worthless coins simply because it's a alternate blockchain bringing nothing of real value to the table. So... why did I mine it? Well... why not? I also threw > 10Ghps at testnet for a day just for fun. I just put a buy order in for ioucoin: 0.00001511 66000.00000000 Sorry..its all its worth...LOL
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jackjack
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May Bitcoin be touched by his Noodly Appendage
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
August 18, 2011, 01:19:07 PM |
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Well well..what have we here LOL...
So ioucoins has its own scam thread now?
Oh, it's still very far from reaching the ammount of pages your dear "Ixcoin is a SCAM" thread has... and probably never will reach it. Disclaimer: My above statement doesn't mean that I0coin is less of a scam than Ixcoin is. Less of a scam than ixcoin? Obviously, simply for the reason of having no anonymous founder sitting on 500k coins. Not a scam? Well... not a *intentional* scam. Imo the whole thing will end up as a pyramid scheme with "investors" holding a bunch of worthless coins simply because it's a alternate blockchain bringing nothing of real value to the table. So... why did I mine it? Well... why not? I also threw > 10Ghps at testnet for a day just for fun. I just put a buy order in for ioucoin: 0.00001511 66000.00000000 Sorry..its all its worth...LOL I0coin: Last Price: 0.00161731 Ixcoin: Last Price: 0.00145000
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Own address: 19QkqAza7BHFTuoz9N8UQkryP4E9jHo4N3 - Pywallet support: 1AQDfx22pKGgXnUZFL1e4UKos3QqvRzNh5 - Bitcointalk++ script support: 1Pxeccscj1ygseTdSV1qUqQCanp2B2NMM2 Pywallet: instructions. Encrypted wallet support, export/import keys/addresses, backup wallets, export/import CSV data from/into wallet, merge wallets, delete/import addresses and transactions, recover altcoins sent to bitcoin addresses, sign/verify messages and files with Bitcoin addresses, recover deleted wallets, etc.
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Oldminer
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August 18, 2011, 01:22:25 PM |
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I0coin: Last Price: 0.00161731 Ixcoin: Last Price: 0.00145000
Page me with this in 2 weeks from now...
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kano
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Activity: 4578
Merit: 1851
Linux since 1997 RedHat 4
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August 18, 2011, 01:41:19 PM |
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1) wait until someone launches new p2p currency 2) have pool ready 3) get everyone to mine new p2p currency on your pool 3) use your less than 1 ms latency to mine the shit out of new p2p currency while your pool ensures that you control the blockchain 4) if people complain about only stales while your getting all the blocks blame it on the low difficulty 5) dump coins on exchange to get all the investors bitcoins 6) profit
This is not i0coins's fault and does not make it a scam. It's also flat out wrong. Maybe next time try using a miner that can handle > 1 longpoll/second and doesn't need half a eternity from finding a H==0 to submitting a share. I did that, got >700 of the early blocks with 6Ghps and a 180ms ping to io.btcguild. Hi Art, I used poclbm. Did you use a custom modified miner or a freely available one? Perhaps the H==0 is done by custom asics? http://bitcoinstats.com/irc/logs/2011/01/15/10crap no wonder I'm one of life's losers lmao Although those few with the big rigs and shortest latency did get WAY more coins than anyone else, software made a difference for getting them in the first few hours also. I've mentioned a few times that I use cgminer. I got seven 1 share blocks in the first 33 minutes (my first was around 90 seconds from the start) with a 710Mh/s rig Also my latency is just over 200ms Rig network: PowerLine to Gigabit router (amber: 50-80Mbit), then Gigabit to linux router, then 100Mbit to switch then 100Mbit to ADSL router then 800Kbit to the internet ...) So software choice clearly makes a difference too. P.S. can everyone stop feeding the 'troll' and he will hopefully go away ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) (I'm not referring to anyone in this post of course)
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joulesbeef
Sr. Member
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moOo
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August 18, 2011, 02:27:08 PM |
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I0coin: Last Price: 0.00161731 Ixcoin: Last Price: 0.00145000
Page me with this in 2 weeks from now... it will just be I0coin: Last Price: 0.00461731 Ixcoin: Last Price: 0.00045000 why cant you seem to understand that the only reason why i0coin exists isnt to make your life miserable, but do to concerns with how you released ixcoin. Those concerns arent going to magically disappear because you have a more complete website, or because you attack i0coins every change you get. If you want your project to succeed you are going to have to alleviate some of those concerns and quit pretending the community is crazy for having them or that they dont exist at all.. or that they are some sort of joke.
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mooo for rent
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jackjack
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May Bitcoin be touched by his Noodly Appendage
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August 18, 2011, 02:29:12 PM |
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I0coin: Last Price: 0.00161731 Ixcoin: Last Price: 0.00145000
Page me with this in 2 weeks from now... it will just be I0coin: Last Price: 0.00461731 Ixcoin: Last Price: 0.00045000 why cant you seem to understand that the only reason why i0coin exists isnt to make your life miserable, but do to concerns with how you released ixcoin. Those concerns arent going to magically disappear because you have a more complete website, or because you attack i0coins every change you get. If you want your project to succeed you are going to have to alleviate some of those concerns and quit pretending the community is crazy for having them or that they dont exist at all.. or that they are some sort of joke. You're wrong, putting "I0coin was launched as a joke" - jackjack (forum member) in his sig will surely make I0coin collapse ![Grin](https://bitcointalk.org/Smileys/default/grin.gif)
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Own address: 19QkqAza7BHFTuoz9N8UQkryP4E9jHo4N3 - Pywallet support: 1AQDfx22pKGgXnUZFL1e4UKos3QqvRzNh5 - Bitcointalk++ script support: 1Pxeccscj1ygseTdSV1qUqQCanp2B2NMM2 Pywallet: instructions. Encrypted wallet support, export/import keys/addresses, backup wallets, export/import CSV data from/into wallet, merge wallets, delete/import addresses and transactions, recover altcoins sent to bitcoin addresses, sign/verify messages and files with Bitcoin addresses, recover deleted wallets, etc.
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Mousepotato
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
August 18, 2011, 04:14:37 PM |
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Shouldn't I0coins be 2x the price of Ixcoins since there's only half of them per block? I don't gets it! ![Sad](https://bitcointalk.org/Smileys/default/sad.gif)
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Mousepotato
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JoelKatz
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Democracy is vulnerable to a 51% attack.
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
August 18, 2011, 06:01:27 PM |
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Shouldn't I0coins be 2x the price of Ixcoins since there's only half of them per block? I don't gets it! ![Sad](https://bitcointalk.org/Smileys/default/sad.gif) Supply is only half of what determines price.
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I am an employee of Ripple. Follow me on Twitter @JoelKatz 1Joe1Katzci1rFcsr9HH7SLuHVnDy2aihZ BM-NBM3FRExVJSJJamV9ccgyWvQfratUHgN
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smoothie
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LEALANA Bitcoin Grim Reaper
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
August 18, 2011, 06:15:55 PM |
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Shouldn't I0coins be 2x the price of Ixcoins since there's only half of them per block? I don't gets it! ![Sad](https://bitcointalk.org/Smileys/default/sad.gif) Ask DoubleC to make a Ixcoin to I0coin exchange and we'll see some fireworks! ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif)
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███████████████████████████████████████
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| . ★☆ WWW.LEALANA.COM My PGP fingerprint is A764D833. History of Monero development Visualization ★☆ . LEALANA BITCOIN GRIM REAPER SILVER COINS. |
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bcpokey
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
August 18, 2011, 08:24:06 PM |
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Shouldn't I0coins be 2x the price of Ixcoins since there's only half of them per block? I don't gets it! ![Sad](https://bitcointalk.org/Smileys/default/sad.gif) That doesn't follow. Human nature dictates prices, not generation rate. Though to be fair, currently i0coins are almost exactly double the price of ixcoins. i0: buy 0.00224000 ix: buy 0.00116000 amusing. Shouldn't I0coins be 2x the price of Ixcoins since there's only half of them per block? I don't gets it! ![Sad](https://bitcointalk.org/Smileys/default/sad.gif) Ask DoubleC to make a Ixcoin to I0coin exchange and we'll see some fireworks! ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) doublec makes some nice profit off transaction fees, I wonder if he would make more or less off a direct trade. Interesting...
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wolftaur
Member
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August 18, 2011, 08:46:04 PM |
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You're wrong, putting "I0coin was launched as a joke" - jackjack (forum member) in his sig will surely make I0coin collapse ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) It boils down to this... "Damnit. Tons of people made money off of gold before I was even born. That's not fair. But that's OK. I've discovered a new precious metal. It's brown, and it smells funny, and it comes out of my ass!" Rewrite for the internet, and you get ixcoins. ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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"MOOOOOOOM! SOME MYTHICAL WOLFBEAST GUY IS MAKING FUN OF ME ON THE INTERNET!!!!"
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smoothie
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LEALANA Bitcoin Grim Reaper
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August 18, 2011, 08:48:13 PM |
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You're wrong, putting "I0coin was launched as a joke" - jackjack (forum member) in his sig will surely make I0coin collapse ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) It boils down to this... "Damnit. Tons of people made money off of gold before I was even born. That's not fair. But that's OK. I've discovered a new precious metal. It's brown, and it smells funny, and it comes out of my ass!" Rewrite for the internet, and you get ixcoins. ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) lol u got brown stink metal that comes out your ass??
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███████████████████████████████████████
,╓p@@███████@╗╖, ,p████████████████████N, d█████████████████████████b d██████████████████████████████æ ,████²█████████████████████████████, ,█████ ╙████████████████████╨ █████y ██████ `████████████████` ██████ ║██████ Ñ███████████` ███████ ███████ ╩██████Ñ ███████ ███████ ▐▄ ²██╩ a▌ ███████ ╢██████ ▐▓█▄ ▄█▓▌ ███████ ██████ ▐▓▓▓▓▌, ▄█▓▓▓▌ ██████─ ▐▓▓▓▓▓▓█,,▄▓▓▓▓▓▓▌ ▐▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▌ ▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓─ ²▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓╩ ▀▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▀ ²▀▀▓▓▓▓▓▓▓▓▓▓▓▓▀▀` ²²² ███████████████████████████████████████
| . ★☆ WWW.LEALANA.COM My PGP fingerprint is A764D833. History of Monero development Visualization ★☆ . LEALANA BITCOIN GRIM REAPER SILVER COINS. |
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ThomasV
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August 18, 2011, 08:50:51 PM |
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Electrum: the convenience of a web wallet, without the risks
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wolftaur
Member
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August 18, 2011, 08:52:01 PM |
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lol u got brown stink metal that comes out your ass??
It's not metal any more than ixcoins is a legitimate currency started by someone with honest intentions. ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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"MOOOOOOOM! SOME MYTHICAL WOLFBEAST GUY IS MAKING FUN OF ME ON THE INTERNET!!!!"
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makomk
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August 18, 2011, 11:11:19 PM |
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There is a lot of fishy stuff about this launch. It came out 75 minutes later than expected and its possible that others were mining on the new block chain before it was posted to the forum. It also came with missing DLLs files for the Windows install Welcome to the fun world of software releasing! It's why I don't release much software. This one would be even worse than average - in order to launch with a genesis block of verifiable timing they would have had to modify and compile the viewer immediately before launching, and the Bitcoin build process is really gnarly and non-automated. and it didn't run in server mode by default meaning that many solo miners may have lost a lot of blocks. Of course there was a lot of rush to mine this new block chain but many people not realising they required to server switch and still seeing zero balance took to the mining pools despite the very low difficulty. The mining pools really made the situation much worse as all the hashing power was now centralized mainly at BTCguild. Bitcoin has never run in server mode by default - I think the official client may even require -server if you run the GUIless bitcoind program. Anyone that didn't know this probably shouldn't have been mining solo anyway. At the block rates IXcoin and I0coin reached when they first launched, you apparently pretty much had to have long-polling support in order to get any non-stale blocks, which meant setting up pushpoold and blkmond. That's a lot harder than remembering to pass the -server flag and has lots of potential for breakage.
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Quad XC6SLX150 Board: 860 MHash/s or so. SIGS ABOUT BUTTERFLY LABS ARE PAID ADS
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Mousepotato
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
August 18, 2011, 11:16:08 PM |
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Shouldn't I0coins be 2x the price of Ixcoins since there's only half of them per block? I don't gets it! ![Sad](https://bitcointalk.org/Smileys/default/sad.gif) That doesn't follow. Human nature dictates prices, not generation rate. Though to be fair, currently i0coins are almost exactly double the price of ixcoins. i0: buy 0.00224000 ix: buy 0.00116000 amusing. Well that was easy. In that case: Given the congruous nature of these two alt block chains, just as Ixcoins did last weekend, shouldn't I0coins hit .01XXXX very soon? *crosses fingers*
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Mousepotato
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lxFlasHxl
Newbie
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August 19, 2011, 12:23:59 AM |
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booo for scammers !!! thumbs down
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doublec
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August 19, 2011, 12:44:41 AM |
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doublec makes some nice profit off transaction fees, I wonder if he would make more or less off a direct trade. Interesting...
0.2% is not a large fee. The i0coin exchange made 3 bitcoins since opening in fees. I'm not sure that qualifies as 'nice profit'.
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