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Viperbass
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January 24, 2014, 05:58:59 PM |
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iCoin will be added to a exchange very soon  Will keep you all posted as I get confirmation! So Excite! "Borat Voice" |
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"There should not be any signed int. If you've found a signed int
somewhere, please tell me (within the next 25 years please) and I'll
change it to unsigned int." -- Satoshi
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buttonmc
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January 24, 2014, 06:36:01 PM |
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This is where I would put the current price based on mining difficulty alone:
At 5000 kH/s you can generate ~3600 icoins/day at the current difficulty.
A good day of mining at this rate is be about $75.
Current btc price: ~$775
$75 / 3600 icoins = $0.02083 / icoin = 0.00002688 btc/icoin
So roughly 37k icoin / btc.
Made some pretty big assumptions, but let me know what you guys think!
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locogee
Newbie
 Offline
Activity: 42
Merit: 0
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January 24, 2014, 07:16:48 PM |
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Why would somebody mine a coin tha is not yet in any exchange & dump it at your price (75$ per 5MH/s)?
Doge gives you more than that if you dump it and price is still increasing.
So maybe you would like to buy this low but if you thinking about selling, just stop, you're not thinking right..
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wing_hk
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January 24, 2014, 07:26:25 PM |
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According to calculation above, my 800KH miner can make 576 icoins per day but this target can be hardly meet.
This basic calculation is good for initial coin evaluation. Considering dev team, exchange confirmed and future reward reduction, ICOIN should be more valuable in the future.
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Viperbass
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January 24, 2014, 07:45:18 PM |
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This is where I would put the current price based on mining difficulty alone:
At 5000 kH/s you can generate ~3600 icoins/day at the current difficulty.
A good day of mining at this rate is be about $75.
Current btc price: ~$775
$75 / 3600 icoins = $0.02083 / icoin = 0.00002688 btc/icoin
So roughly 37k icoin / btc.
Made some pretty big assumptions, but let me know what you guys think!
ICoin's valuation will be very different, most coins that have no services are valuated on the amount of coins being made, 99% of the coins will be mined out in our lifetimes where there will only be around 45 million iCoins mined out over the next 40 years, but don't forget we believe mbtc and therefore mICN will become the standard making that supply much larger. |
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droided77
Newbie
Offline
Activity: 44
Merit: 0
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January 24, 2014, 07:49:47 PM |
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iCoin will be added to a exchange very soon Will keep you all posted as I get confirmation! So Excite! "Borat Voice" Great news. Can you say if you are talking hours or days? |
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lololol33
Newbie
Offline
Activity: 28
Merit: 0
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January 24, 2014, 07:56:49 PM |
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1250 icoins - 0.05btc
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Viperbass
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January 24, 2014, 10:19:28 PM |
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Beta testing is underway on the exchange to make sure all is good. Miners please dump the coin for low prices so I can buy more up |
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Gravity
Member
Offline
Activity: 112
Merit: 10
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January 24, 2014, 11:23:22 PM |
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Beta testing is underway on the exchange to make sure all is good. Miners please dump the coin for low prices so I can buy more up You guys are awesome, seriously! |
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nrhs05
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January 25, 2014, 01:37:41 AM |
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Beta testing is underway on the exchange to make sure all is good. Miners please dump the coin for low prices so I can buy more up Which one ? |
btc: bc1q3ll9xul5mpyq5vqgzdwj079xl2gxafhrgr3kq0
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TeamICoiN (OP)
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January 25, 2014, 08:41:58 AM |
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Thanks Def, Guys this is a LTC/ICN exchange. I just want to make it known we haven't tested transactions on this exchange yet, I am sure it will be fine but please do small trades for now. We have another exchange we going to launch with for BTC/ICN which we have been testing all night and is running smoothly. So both exchanges will compliment each other, one doing BTC and other LTC. Please provide feedback using freshmarket.co.in we will personally test it later when we get a chance. Love you all and trade safe. iCoin Team |
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Foex
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January 25, 2014, 08:44:09 AM |
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Finally ICoin has an exchnage https://cryptorush.in/index.php?p=trading&m=ICN&b=BTCTrading at 0.00098000/BTC Edit : If you are not able to login, try this Username : cryptorush Password : Dsdhoide84983420 Currently under beta testing |
0xdB9A9D39B17F1223BF590a3F9D1FC7f2058eB111
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TeamICoiN (OP)
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January 25, 2014, 08:47:09 AM |
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I can confirm this exchange works as this is the one we launching btc/icn for and well tested, FOe X has let the cat out of the bag It's still in Beta and public launch will be soon! |
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TeamICoiN (OP)
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January 25, 2014, 08:48:43 AM |
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On other news Wheel of Fortune will be released by a 3rd party site this weekend for some entertainment value.
Once ICN price has settled on the exchanges we have businesses ready and waiting to accept the coin, this is when things get exciting!
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Foex
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January 25, 2014, 08:48:51 AM |
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I can confirm this exchange works as this is the one we launching btc/icn for and well tested, FOe X has let the cat out of the bag It's still in Beta and public launch will be soon! hehe sorry Can you donate me some. dnt have much |
0xdB9A9D39B17F1223BF590a3F9D1FC7f2058eB111
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Gabri
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January 25, 2014, 08:51:03 AM |
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WTS 3000 iCoin. PM with offers!
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TeamICoiN (OP)
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January 25, 2014, 08:54:32 AM |
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WTS 3000 iCoin. PM with offers!
Hey Gabri, I recommend waiting for an exchange(2 days max) and do it there. We had a user that got scammed trying to buy iCoin and I don't want to see that occur again. |
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CoinManiac
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January 25, 2014, 08:56:12 AM |
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The time has come. 2 days more  |
NEM NXT NXTL NEX
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Gabri
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January 25, 2014, 09:06:08 AM |
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WTS 3000 iCoin. PM with offers!
Hey Gabri, I recommend waiting for an exchange(2 days max) and do it there. We had a user that got scammed trying to buy iCoin and I don't want to see that occur again. No problem, I don't need to sell it right now so I'll be waiting. Thank you for the warning. |
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