[ANN][ISR] Isracoin - The Israeli cryptocurrency

[sejwan]

Have Patience Do not sell, this coin is an investment not a quick sell I'm not selling my Isracoin. I said I was and am in for the long haul and still support this coin and its dev's.

[IsraelCoin]

Hi All,

We've already said that we have a ton of work on finishing Phase-II which is due in 9 days and alongside that we are working on the Local Isracoin system which is supposed to launch in tandem with it so you can imagine there's just a lot that's going on.
Meanwhile we are also trying to expand the coin leadership team to include some more veteran business people, crypto people and possibly even someone from the public sector in Israel.

On top of it all we have already managed to get an Isracoin 1.7 Alpha codebase going and will most likely release binaries for it in a few days for testing (definitely not for production use yet). A beta and full release will most likely happen within 2-3 weeks or so.
This 1.7 is of course a switch to the Bitcoin Core 0.9 codebase which is a huge improvement in code and functionality (to be clear - this is NOT a fork of any kind).

The multipool is still in Alpha and the guys there are doing the best they can to improve it and it would help a lot if more hashrate was put into it.

And finally, it is up to each and every one of you to consider yourselves part of this "startup" which essentially has already gone public and you hold "shares" of it. That is the best analogy because if you only think of it as a short-term instrument, you will not gain anything. If you consider this a long term investment you will come to the realization that you are every bit as part of its potential success as every one of us. Some other people are dumping coins (multipools etc) and lowering the value, others stop mining, exchanges snub because they are only interested in hyped-up bs and so on. It is up to each and every one of you to support the coin because every bit counts. We may be doing the heavy lifting but there is a lot that each of you can do to make a difference.
Be more vocal, mine more, invest more, get people interested, post not just here but anywhere else you can. More exposure means more interest in the coin. You all know what Isracoin is all about so go and spread the word.

[dragonseer]

Hi All,

We've already said that we have a ton of work on finishing Phase-II which is due in 9 days and alongside that we are working on the Local Isracoin system which is supposed to launch in tandem with it so you can imagine there's just a lot that's going on.
Meanwhile we are also trying to expand the coin leadership team to include some more veteran business people, crypto people and possibly even someone from the public sector in Israel.

On top of it all we have already managed to get an Isracoin 1.7 Alpha codebase going and will most likely release binaries for it in a few days for testing (definitely not for production use yet). A beta and full release will most likely happen within 2-3 weeks or so.
This 1.7 is of course a switch to the Bitcoin Core 0.9 codebase which is a huge improvement in code and functionality (to be clear - this is NOT a fork of any kind).

The multipool is still in Alpha and the guys there are doing the best they can to improve it and it would help a lot if more hashrate was put into it.

And finally, it is up to each and every one of you to consider yourselves part of this "startup" which essentially has already gone public and you hold "shares" of it. That is the best analogy because if you only think of it as a short-term instrument, you will not gain anything. If you consider this a long term investment you will come to the realization that you are every bit as part of its potential success as every one of us. Some other people are dumping coins (multipools etc) and lowering the value, others stop mining, exchanges snub because they are only interested in hyped-up bs and so on. It is up to each and every one of you to support the coin because every bit counts. We may be doing the heavy lifting but there is a lot that each of you can do to make a difference.
Be more vocal, mine more, invest more, get people interested, post not just here but anywhere else you can. More exposure means more interest in the coin. You all know what Isracoin is all about so go and spread the word.

I do think you are approaching this in the right way and I wouldn't fault your progress so far. It does seem as though Isracoin has all the ingredients it needs for success. I'm holding Isracoin and I mine on the Hashco.ws multipool and use their option to keep the coins rather than dump them. The problem as far as community advocacy goes is that gloom has largely set in. I know about this coin because I have advocated for other coins with a similar premise, and practically all of them have bombed hard. Can't really buy any more without committing to huge losses elsewhere. All I can say is that Isracoin is the one shining hope for a national altcoin to work, so whatever else happens I am one community member that will hold his coins and continue to support this coin from the sidelines.

[N1ghtcrawl3r]

I'm gonna hold mine too. I know a couple other miners that have held as well.

You should do a daily message. Even if its a one liner. When you don't it leaves the impression that it was a scam. Even if its only stats of the amount of users on your ISR multipool or what your working on today, etc.

[OmarGsPools]

Issues with the X11 port payout were fixed and any work submitted from the 25th-27th has now successfully been paid out in ISR.

Sorry for the inconvenience.

[CryptoBull]

Hi All,

We've already said that we have a ton of work on finishing Phase-II which is due in 9 days and alongside that we are working on the Local Isracoin system which is supposed to launch in tandem with it so you can imagine there's just a lot that's going on.
Meanwhile we are also trying to expand the coin leadership team to include some more veteran business people, crypto people and possibly even someone from the public sector in Israel.

On top of it all we have already managed to get an Isracoin 1.7 Alpha codebase going and will most likely release binaries for it in a few days for testing (definitely not for production use yet). A beta and full release will most likely happen within 2-3 weeks or so.
This 1.7 is of course a switch to the Bitcoin Core 0.9 codebase which is a huge improvement in code and functionality (to be clear - this is NOT a fork of any kind).

The multipool is still in Alpha and the guys there are doing the best they can to improve it and it would help a lot if more hashrate was put into it.

And finally, it is up to each and every one of you to consider yourselves part of this "startup" which essentially has already gone public and you hold "shares" of it. That is the best analogy because if you only think of it as a short-term instrument, you will not gain anything. If you consider this a long term investment you will come to the realization that you are every bit as part of its potential success as every one of us. Some other people are dumping coins (multipools etc) and lowering the value, others stop mining, exchanges snub because they are only interested in hyped-up bs and so on. It is up to each and every one of you to support the coin because every bit counts. We may be doing the heavy lifting but there is a lot that each of you can do to make a difference.
Be more vocal, mine more, invest more, get people interested, post not just here but anywhere else you can. More exposure means more interest in the coin. You all know what Isracoin is all about so go and spread the word.

Thats what im talking about
100+

[porn0f1sh]

while I don't feel any personal gloom I do understand why some people would feel it. if your concern is only personal profit outside of the general altruism and caring for other people as a whole, you will count the coin's success moment to moment only through the lense of monetary value.

but IF you start sharing your isracoin as well as earning it, you'll realise that the price is very secondary to the *usage* by the common public. as such, there's not much to worry about ATM and it helps a lot to just say as many as possible positive things about the system on here and everywhere else! I hope you see the reasoning in this post

[pandor]

There is nothing wrong with the price not being super high when the coin is supposed to be a long term coin.

At the same time as its said to be a long term coin - the dev team are already in phase 2 (very soon) civilian air drop.

100 ISR = $1.38 does not encourage the civilians to sign up for it. same goes to 500 ISR for businesses.

My question is about the civilian air-drop - is there a reason for not delaying it until the multipool kicks into action and the prices goes up?

second thing - as for the price - the devs said that the purpose of the multipool is tor stabilize the price and not make it pump up to the sky.

I honestly cannot see how this coin can be used broadly in Israel if   1 ISR  does not worth at least 1 sekel 0.27 cents.  I don't think that the price should be higher in the first year... but also not lower.

The price should reach an acceptable rate before a civilian air drop will be happening.

Worst case - it fine if its 0.5 sekels per 1 ISR - I am talking about the marketing... people need to talk about it - people need to tell their friends and family "go to sign up and get 100 ISR !"

Civilians will spread the word way more than "miners" and "crypto people" - you need civilians talking about Isracoin - no one is going to say "hey friends ! i just identified myself in front of a company i don't know and they gave me something worth 1.38$ !!" everyone will be laughing at this person.

I am more of hinting about delaying the air drop rather than pumping up the price and only then stabilizing it so it wont go up or down to much(which is also not a bad idea considering that you will probably won't delay the air drop).

Anyway good night and good week to everyone

[porn0f1sh]

the price is usually a question of demand vs. supply. Does the current demand outstrip the supply? I'm guessing not since the price hovers around one cent for a while now.

will the demand increase? I say it will. Slowly. each business accepting ISR will encourage more people to get their free ISR and spend them for goods or services. what can 100 cents buy ATM? that's what one dollar shops are for! make the website do a free delivery of those 100Isr gift items and it's already a start!

[CoinMiner10]

the price is usually a question of demand vs. supply. Does the current demand outstrip the supply? I'm guessing not since the price hovers around one cent for a while now.

will the demand increase? I say it will. Slowly. each business accepting ISR will encourage more people to get their free ISR and spend them for goods or services. what can 100 cents buy ATM? that's what one dollar shops are for! make the website do a free delivery of those 100Isr gift items and it's already a start!

1++ 

Well spoken porn0f1sh!

Please, do not get started pumping the dev about changing the plan. Coins quantity or air drop timing.
Be patient, slow and steady is the right way. But above all: maintain credibility.
Changing the plan as we go will take us right down the path of Spaincoin 
https://bitcointalk.org/index.php?topic=500511.msg6175628#msg6175628

Take Care!

[CryptoBull]

the thread is enjoying silence 

[brian_nguyen]

the thread is enjoying silence 

... and my ISRcoin is taking a head dive. I'm holding but can't bear to look at the value on Bittrex. 

[porn0f1sh]

Yeah, someone sold 35,000 ISR for a ridiculously low price. Where does it come from? o.O

I'm thinking about buying some more while the price is so low?

[CoinMiner10]

Yeah, someone sold 35,000 ISR for a ridiculously low price. Where does it come from? o.O

I'm thinking about buying some more while the price is so low?

Not yet.

[CryptoBull]

as soon as phase 2 begins all those fools are going to regret selling  cant wait to buy a BMW with cash 

[crackfoo]

Come get your ISR!



http://www.hasher.ca

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To mine:

Username: wallet address OR Global Key (ProfitPorts)
Password: anything
URL (vardiff): stratum+tcp://stratum.hasher.ca:3524

ISR go straight to your wallet once the block is confirmed. We don't hold your ISR!

Cheers and Happy Hashing!

[brian_nguyen]

as soon as phase 2 begins all those fools are going to regret selling  cant wait to buy a BMW with cash 

What make you say that? Phase 1 came and there're no verifiable ISR business that has claimed or accepted ISR coins except 1. I want to buy a beemer with cash too, but that's just so unreal.

[porn0f1sh]

I want to buy BMW with isr  (or at least isr converted to btc)

As far as airdrop goes, last time it happened the price dropped in half. So I wouldn't hold my fingers for this one either.

Speculation aside, the price should go up slowly over the years as more and more people warm up to the idea of digital currency. That's why I reckon by the time my isr investment will be able to get me a car, I'll be far enough in my career to buy a car regardless of this investment, lol

So, yeah, investing money in this coin is a good idea. But I wouldn't put my whole life savings on it right now

[N1ghtcrawl3r]

I would be surprised if ISR lasts thru the next air drop.  I am still holding my ISR and i know other that are holding it to. Frankly its just not worth selling it .. I have stopped mining it and because there is two miners on my pool i am keeping it up for now.

http://whatmine.com/coin/388/Isracoin-ISR-Scrypt-Profitability

when i started with ISR it had 1.25 or more GH now its only got 250 MH as the network rate.

To me this looks like its dead. But I have been wrong before and I hope i'm wrong about this.

[CryptoBull]

the first phase was a dump because of many factors not because of the isr merchants who arent announced.
At first i  was mining for a long time, after that some stupid idiot dump all his isr for cents and there was my time, when isr was at its peak i sold half of them, after the dump i have tripled my coins 
nobody knows what the dev team is bringing for the phase 2 but i hope that its going to be huge.Israel is a very hi tech country and they have adopted bitcoin  well better that other country's.don't forget that it is a long term coin as far as i believe the dev team is very dedicated to the long term idea,not for quick profit dump and pump coins ( dont get me wrong i made most of my btc with that kind of coins  )
Maybe just maybe in a few months from know we will post our BMW photos right here  for the phase 2 success 1 isr=should be at least 0.10-0.25 cents at minimum for the phase to have success.
If they give to the business 500 isr the minimum must be 50 to 250 dollars for them to make a good trade deals with customers.
So if you have K and K of isr sit back and contribute because this is your money !
I am  holding my gold and waiting for the BMW