i0 Coin Exchange

[pbj sammich]

So what exactly does Iocoin do except offer encrypted wallet functionality 

You mean besides not being pre-mined for 500,000 + coins to the creator prior to launch?

this oldminer is stuck on iXcoins nuts everyone know who you really are. dont be jelly cause your scam is over

yeah i know, but the continuous omission of this fact is funny to me

[smoothie]

hardly

yeah it dropped from a high of .006 or so to .0027 but that was hardly a plummet and perfectly expected and still worth more than ixcoins.
Maybe you are right, people tend to panic, especially amateur traders... But i can tell you this.. the site was being "ddos's" the second that they opened up deposits for i0coin.. especially with that 2000 confirmation limit.

Actually Ixcoins are still worth more.  Last I saw, back when the exchange was still up, I0Coins were around .0023XXXX while Ixcoins are at .0015XXXX right now.  So that means  an I0C block is worth roughly .1104 BTC, while an IXC block is worth .1440 BTC (48 I0Coins per block vs. 96 IXCoins per block).  Logically I0Coins should be twice the value of Ixcoins, and I'm sure we'll eventually reach that equilibrium somewhere down the line.  Right now though, I think we're seeing (or were seeing anyway) a lot of peoploe just trying to cash in and make a quick BTC.  If anything .0023XXXX is bargain and I'm tempted to buy a few thousand once the exchange comes back up.

+1

My reasons here are that when the difficulty of each network becomes relatively the same there will be more than 2 times the amount of ixc than i0c which says that the general value of an i0c should be more than 2x that of an ixc.

0.0023 is a bargain. Bought about 5000i0c right before the exchange went down.

I'm not sure why people continually equate difficulty and generation with value. You're a namecoin miner, did namecoin value shoot up tremendously when the difficulty shot up and simultaneously all the miners dropped out, squeezing the generation rate to almost nothing? If two nearly identical coin systems differ only in that one generates twice as many  coins as the other, there is no logical reason why they would have a similarly matched coin value.

Price is far more dependent on peoples 'faith' and interest in the coin itself than any other characteristic like difficulty, amount generated and whatnot. Supply and demand aren't enough, as evidenced by the history of bitcoin (and its forks).

You have a point. I think it is both what I said and what you presented here as well.

Given i0coin solves some of the bitcoin client issues I'd say there is some value even if it were considered a test network over ixcoin which doesn't do a damn thing but transfer wealth.

So what exactly does Iocoin do except offer encrypted wallet functionality 

Yup not having 580k premined coins for one "developer" who did not do a damn thing to make the cryptocurrency better is better.

I rather have an even playing field than have that load of crap.

What exactly does ixcoins offer over i0coins? More coins per block? LAWL!

[pbj sammich]

Personally I think the difficulty retargeting adjustments are the most important new feature.

[Mousepotato]

I hope we didn't just get scammed out of our i0/BTC

[dub0matic]

I hope we didn't just get scammed out of our i0/BTC

it doesnt look good atm. it sucks i just put 100 i0c right before it went byebye. guess time will tell

[Oldminer]

Yup not having 580k premined coins for one "developer" who did not do a damn thing to make the cryptocurrency better is better.

I rather have an even playing field than have that load of crap.

What exactly does ixcoins offer over i0coins? More coins per block? LAWL!

LOL..your only pissed off with ixcoins because the person that got to keep the coins wasnt you

[smoothie]

Yup not having 580k premined coins for one "developer" who did not do a damn thing to make the cryptocurrency better is better.

I rather have an even playing field than have that load of crap.

What exactly does ixcoins offer over i0coins? More coins per block? LAWL!

LOL..your only pissed off with ixcoins because the person that got to keep the coins wasnt you

Nope. In fact with one day's worth of mining I made 222 btc. So no I'm not mad at all that now hold zero ixcoins. But in happy to hold someone's bitcoins in exchange for 1 days worth if work. 

[Mousepotato]

Back online!!!

[dub0matic]

fuk cant remember my username what do i do damnit

[TripHammer]

Seems fubar to me still, all links lead to main page

[TripHammer]

heh ignore that, just noticed I was logged out... stupid me

[dub0matic]

this is such fuckin bullshit why doesnt it send a email to your account about your username this is bullshit

[mike85123]

this is such fuckin bullshit why doesnt it send a email to your account about your username this is bullshit

Does it even ask you for an email?? You forget your username you used to create your account?  Just PM doublec, i am sure he can assist.

[Mousepotato]

Well this sucks.  I0coins are now less expensive than Ixcoins.  *sigh*

[smoothie]

Well this sucks.  I0coins are now less expensive than Ixcoins.  *sigh*

That depends on your outlook. One could look at it as a great buying opportunity.

[Mousepotato]

That's true. I bought a couple thousand at .0022xxxx and now it's slightly above that... Now if it would just keep going!

[Tasty Champa]

That's true. I bought a couple thousand at .0022xxxx and now it's slightly above that... Now if it would just keep going!

Don't let them cash out before you have the chance, it sucks but when things are looking good it's time to cash out.

[Oldminer]

Well this sucks.  I0coins are now less expensive than Ixcoins.  *sigh*

LOL...that didn't last long. Has all the hallmarks of a classic 'pump 'n dump'  

[smoothie]

Well this sucks.  I0coins are now less expensive than Ixcoins.  *sigh*

LOL...that didn't last long. Has all the hallmarks of a classic 'pump 'n dump'  

Funny thing old man that i0coins are going for a higher rate than ixcoins. LOL

Yeah you hit it ixcoins are a classic pump and dump moreso haha!

[Oldminer]

So what exactly does Iocoin do except offer encrypted wallet functionality  

I'd go with more of what it doesn't do.

Yea cos its easier to go with what it doesnt do than what it does do hey..

Funny thing old man that i0coins are going for a higher rate than ixcoins. LOL

Blips 'n Bubbles come and go. You know that. No need to try and 'smooth' things over to make them appear something their not smoothie. There's always someone that sees right through you...LOL