[ANN][ISR] Isracoin - The Israeli cryptocurrency

[threedream]

OMG , The concept of national coins, determined not support Yuwa, distributed free of charge to the current national, or is destined to fail decision

[1713563358]

1713563358

[1713563358]

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[1713563358]

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[aKIA]

Is there anything going on for this coin? Don't see that much movement...

We are about to officially open Phase-I in less than a week. A lot of stuff will start happening soon thereafter and of course we will release information as we go.

Things are building up step by step here at Isracoin.
If you want a bit of insight, check out this interview:
http://bitcoinbarbie.com/isracoin-over-time-an-economy-will-emerge/

Ok good to hear that there's some movement. Hope the best to your coin

[masterkiller]

ISR is listed at Coin-Swap.net

Markets
ISR/BTC
ISR/DOGE

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[matoy]

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[CryptoBull]

Hello,
What is happening woth the isr community!?
Nobody is writting novody is saying a word?
Devs are u here please update the info beaause the airdrop is comming and im sitting in the dark here
Thank you for the great coin cheers

[pandor]

Hello,
What is happening woth the isr community!?
Nobody is writting novody is saying a word?
Devs are u here please update the info beaause the airdrop is comming and im sitting in the dark here
Thank you for the great coin cheers

I would also like to hear some news... and i actually have some questions about the air-drop and business integration... however i will first wait to hear from the dev when they will post about it.

Honestly i think that the positive and negative aspect of this coin is that its probably not a pump and dump coin and that we will have to wait a bit until prices will go up and also wait until it will reach places with higher volume like crypsty. i honestly would have loved to see it jump X5 times again and sell half of what i got lol ... yes as everyone i want to make some $

However it really seems like the team is serious and really working on creating an Eco system for this coin. 

I think that the fact that they didn't do anything in order to make the price jump right before the air-drop in order to make it more lucrative for business shows that they are serious and at the same time it does left me wonder about making the business are drop date so soon before prices are higher... mainly due to the fact that right now 500 coins are not worth that much.... so probably every business who signs in wants to see it as an investment and will not dump the coins they get as it wont be worth the time and hassle to dump it.

So all in all i see positive points from the dev team due to the fact they are not trying to make the price jump artificially.

And at the same time as a miner.. i would like it to be popular and see the price jump already so i could make a profit lol

[IsraelCoin]

Hello,
What is happening woth the isr community!?
Nobody is writting novody is saying a word?
Devs are u here please update the info beaause the airdrop is comming and im sitting in the dark here
Thank you for the great coin cheers

I would also like to hear some news... and i actually have some questions about the air-drop and business integration... however i will first wait to hear from the dev when they will post about it.

Honestly i think that the positive and negative aspect of this coin is that its probably not a pump and dump coin and that we will have to wait a bit until prices will go up and also wait until it will reach places with higher volume like crypsty. i honestly would have loved to see it jump X5 times again and sell half of what i got lol ... yes as everyone i want to make some $

However it really seems like the team is serious and really working on creating an Eco system for this coin. 

I think that the fact that they didn't do anything in order to make the price jump right before the air-drop in order to make it more lucrative for business shows that they are serious and at the same time it does left me wonder about making the business are drop date so soon before prices are higher... mainly due to the fact that right now 500 coins are not worth that much.... so probably every business who signs in wants to see it as an investment and will not dump the coins they get as it wont be worth the time and hassle to dump it.

So all in all i see positive points from the dev team due to the fact they are not trying to make the price jump artificially.

And at the same time as a miner.. i would like it to be popular and see the price jump already so i could make a profit lol

We appreciate the thought out analysis and glad to see people actually do understand our approach to things
As you can imagine, we are working almost around the clock to get things ready.
Once Phase-I officially opens, an announcement will be posted in our thread here (or the OP) with many details about the process.
Stay tuned.

[vindyne8]

The team is definitely very serious. The phase I business airdrop is just the beginning. This a long haul type of coin, not a pump and dumper. Info output remains at a lull for the next 1 day 6 hours or so. The amount of work the team has had to do on a daily (and nightly) basis has increased dramatically as the airdrop draws near. Info roll-out will resume shortly, and everyone will be kept in the loop for every step along the way. We've been saying big things are coming for a bit now. They are almost here!

[CryptoBull]

I have a lot of confidence in the Dev's
the plan for distributing and the airdrop and everything which makes this coin different from all other pump and dump crypto's is what makes me very happy about this coin.
The real potential of this coin is that all israel business can implement crypto's as a new way for distrubute goods and services
i hope that the isr coin and the isr community in Israel will give an example to all countries who are trying to shutdown the Cryptoworld....
i trully believe that the future is in crypto currencies and someday i can tell my grandchildren :
"I was there kids, mining,supporting and helping the old world to accept the future"


Thats from me   looking forward about ISR


p.s sorry about the mistakes im writing very fast from my phone

[porn0f1sh]

I registered just to let you guys know that you should remove the p2pool-[Suspicious link removed] ip from the pool list (84.111.129.84:1948) and that the node scanner doesn't work atm.

Also, can someone explain to me please how does http://crypto-prices.com/ISR get its charts? Does it have a list of exchanges it scans?

[IsraelCoin]

Isracoin Airdrop Phase-I

Integration as means of payment in businesses

General Information

Phase-I of the Isracoin plan has begun on May 6th 2014 at Midnight GMT+2.

The goal of this phase is to provide an incentive to Israeli businesses to adopt Isracoin as means of payment, in order to give the general public as many venues and options as possible to spend their Isracoins. We provide this incentive in the form of an award of 500 ISR to each of the first 50,000 businesses to be verified as a registered business in Israel and to be accepting Isracoin as means of payment.

The Registration process:

A system has been developed and made available to the Israeli public (In Hebrew), where any business owner or representative can open an account which requires the following: Contact details including Name, Email and Phone Number as well as business details including Business Name, Description, Israeli Business ID, Address, Website.

The Verification process:

In order to be verified as an Israeli business, we are using registration details such as validation of business ID against Israeli government services available for this purpose, phone/email verification etc. Furthermore, before a request for validation can be submitted by the business, it must also provide the following: 1)Photo of an invoice or receipt of the business  2)Photo of an advert or business card or facebook page or yellow-pages ad etc. 3)Photo of business façade/checkout-counter or website where one of our “Accepting Isracoin” signs is posted. 4)A valid Isracoin wallet address for the business.

The Distribution process – Staggered release:

Each of the first 50,000 businesses to be verified as described above, shall receive 500 ISR as a gift.

Upon finalizing the initial verification process, a business will receive 100 ISR. An additional 25 ISR will be paid to the agent who has performed the validation process of the business (yes, this is a manual process and we have the team to do it). From that point on and for the next 12 months, once month additional coins remaining for the business out of the total 500 ISR gift will be released to the business on a 1-to-1 basis in accordance with how many coins have entered their business wallet. If during the month 100 coins have been received by the wallet, then 100 coins will be awarded to the business and sent to their wallet as well. This will hold true until the total of 500 ISR has been dispensed.

At the end of 12 months from verification, any coins not yet dispensed will be awarded as a lump sum to the business.

We reserve the right to consider coins entering the business wallet as fraudulent if we identify a circular pattern or other indications that the coins were not derived from business transactions. In such case, the award coins may not be distributed until legitimate transactions appear or the 12 months period has expired.

[y80]

looks like a very smart and staggered approach

[pandor]

Isracoin Airdrop Phase-I

Integration as means of payment in businesses

General Information

Phase-I of the Isracoin plan has begun on May 6th 2014 at Midnight GMT+2.

The goal of this phase is to provide an incentive to Israeli businesses to adopt Isracoin as means of payment, in order to give the general public as many venues and options as possible to spend their Isracoins. We provide this incentive in the form of an award of 500 ISR to each of the first 50,000 businesses to be verified as a registered business in Israel and to be accepting Isracoin as means of payment.

The Registration process:

A system has been developed and made available to the Israeli public (In Hebrew), where any business owner or representative can open an account which requires the following: Contact details including Name, Email and Phone Number as well as business details including Business Name, Description, Israeli Business ID, Address, Website.

The Verification process:

In order to be verified as an Israeli business, we are using registration details such as validation of business ID against Israeli government services available for this purpose, phone/email verification etc. Furthermore, before a request for validation can be submitted by the business, it must also provide the following: 1)Photo of an invoice or receipt of the business  2)Photo of an advert or business card or facebook page or yellow-pages ad etc. 3)Photo of business façade/checkout-counter or website where one of our “Accepting Isracoin” signs is posted. 4)A valid Isracoin wallet address for the business.

The Distribution process – Staggered release:

Each of the first 50,000 businesses to be verified as described above, shall receive 500 ISR as a gift.

Upon finalizing the initial verification process, a business will receive 100 ISR. An additional 25 ISR will be paid to the agent who has performed the validation process of the business (yes, this is a manual process and we have the team to do it). From that point on and for the next 12 months, once month additional coins remaining for the business out of the total 500 ISR gift will be released to the business on a 1-to-1 basis in accordance with how many coins have entered their business wallet. If during the month 100 coins have been received by the wallet, then 100 coins will be awarded to the business and sent to their wallet as well. This will hold true until the total of 500 ISR has been dispensed.

At the end of 12 months from verification, any coins not yet dispensed will be awarded as a lump sum to the business.

We reserve the right to consider coins entering the business wallet as fraudulent if we identify a circular pattern or other indications that the coins were not derived from business transactions. In such case, the award coins may not be distributed until legitimate transactions appear or the 12 months period has expired.

I also wonder if your plan is to also approach some "Well known" business (medium sized for example) and convince them to use Isracoin ?  or are you only waiting for businesses to be the ones who approach you ?

My honest opinion is that it would have been worth it to even give 9000 Isracoins to businesses that have somewhat of a "name"  - a thing that would make price higher and spike interest in businesses... and not to mention that a lot more people would mine and buy it.

I'm just wondering about your marketing plans regarding the coin.

Good luck to everyone

[oldboy10]

what happens to the exchange rate? scam?

[CryptoBull]

what happens to the exchange rate? scam?

I was asking myself the same question... A huge dump ....price has never been so low.
1.
maybe a whale is making the dump

2.
or maybe nobody is awake still

3.
i was watching some other cryptos everytime there is a boh event like airdrop comming the price is making a huge leap downwards and then up again...
Dont know for sure really just makimg suggestions


Im waiting for the devs to step in and give us some info

congrats on the Isr team i brlieve in the future of the coin
Cheers

[pandor]

what happens to the exchange rate? scam?

I was asking myself the same question... A huge dump ....price has never been so low.
1.maybe a whale is making the dump
2.or maybe nobody is awake still
3.i was watching some other cryptos everytime there is a boh event like airdrop comming the price is making a huge leap downwards and then up again...
Dont know for sure really just makimg suggestions

Im waiting for the devs to step in and give us some info

congrats on the Isr team i brlieve in the future of the coin
Cheers

The weirder thing was that several hours before price went down , suddenly the net hashrate went down by half... (now it started going up a bit).

Though sometimes its connected actually (with younger coins) the moment the hash rate goes down also the prices goes down.

I don't know if there were any dumps really...  maybe a large pool went down --> hash rate dropped --> people wanted to pay less the moment the diff level was 12.

I just wonder if the devs will contact any large pools like dedicatedpools, such pools always recommend it's users to mine a coin that they see as "professional"

Still I am more interested about the marketing strategy for this coin as that's usually what makes something succeed VS just being a good idea that no one heard of.

With stronger marketing we could have gotten to this phase with a high price that would make it much easier to attract more businesses. and also a way higher net hash rate.

I know that the devs don't want to look like most coin's dev who try non-stop marketing just for the sake of publicity and price rise - In my opinion... when you do have a "Good idea" like Isracoin ... the marketing is vital because if price wont go up - why would any citizen want to sign up to get 100 Isracoins ? most people will not bother going through the identification process and installing the digital wallet if the price wont worth something... no one will do it for a gift that is worth $4...

It's not a negative post... I just want to point out that MARKETING is KEY in making the great idea behind this coin to work.

[pandor]

Just a message for the people of this forum

Today is a holiday in Israel and most people are not in front of their computer... so you better not panic sell because the devs are not answering - they might not even answer until tomorrow or the day later and you should consider it as normal.

The reason the DEVS are not quick to answer the "price went down" question is - is because they must be outside with their friends and families - only "food places" work today in Israel.

And such a holiday just makes it super easy for someone to try to make the price go down and make people "panic sell" 

Just hold on to your coins.  and honestly its not worth to sell it such a price anyway

[niothor]

I don't see a dumping of the coin.  Very few sales in the last few days.  

I'm pretty sure you have a crystal globe that tells you when the dumping will begin .

Usually people wait for a calm day with no trades and buys support walls to both shake the market and not lose that much by dumping

[y80]

I don't see a dumping of the coin.  Very few sales in the last few days.  

I'm pretty sure you have a crystal globe that tells you when the dumping will begin .

Usually people wait for a calm day with no trades and buys support walls to both shake the market and not lose that much by dumping

the volume is low = no dump

[brian_nguyen]

Someone just dumped almost 10K ISR on Bittrex in the last 5 minutes