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Author Topic: [ANN][ISR] Isracoin - The Israeli cryptocurrency  (Read 110717 times)
pikuchato
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May 31, 2014, 05:38:57 AM
 #741

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  Cool
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  Grin )
Maybe just maybe in a few months from know we will post our BMW photos right here  Cool 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  Cool

Sorry for disappointing you, but in the Israeli community this coins was announced as a scam long long ago..

No one here in Israel gives a flying fuck about this joke.
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N1ghtcrawl3r
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May 31, 2014, 11:25:56 AM
 #742

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  Cool
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  Grin )
Maybe just maybe in a few months from know we will post our BMW photos right here  Cool 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  Cool

Sorry for disappointing you, but in the Israeli community this coins was announced as a scam long long ago..

No one here in Israel gives a flying fuck about this joke.

Can you provide a link to the announcement? I believe you but if you post the link it will help others realize ..
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May 31, 2014, 12:05:53 PM
 #743

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  Cool
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  Grin )
Maybe just maybe in a few months from know we will post our BMW photos right here  Cool 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  Cool

Sorry for disappointing you, but in the Israeli community this coins was announced as a scam long long ago..

No one here in Israel gives a flying fuck about this joke.

Supposedly some businesses have already been approached about Isracoin, that was stage 1 of the 'airdrop'. It doesn't matter how many posts you have here, if you are just one anonymous person on a forum you can't speak for a whole country. If this is a scam we'll know soon enough - if people in Israel can claim it then it clearly isn't a scam - whatever your opinion is.

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CryptoBull
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May 31, 2014, 12:59:17 PM
 #744

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  Cool
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  Grin )
Maybe just maybe in a few months from know we will post our BMW photos right here  Cool 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  Cool

Sorry for disappointing you, but in the Israeli community this coins was announced as a scam long long ago..




No one here in Israel gives a flying fuck about this joke.

Supposedly some businesses have already been approached about Isracoin, that was stage 1 of the 'airdrop'. It doesn't matter how many posts you have here, if you are just one anonymous person on a forum you can't speak for a whole country. If this is a scam we'll know soon enough - if people in Israel can claim it then it clearly isn't a scam - whatever your opinion is.

YES INDEED YOU ARE RIGHT MY FRIEND Smiley
i cant imagine someone who think this is a scam to write att all in the forum,i was mining this coin from day one and i havent been more optimistic for a coin till now and maybe some other coins like XC Smiley
i am not promoting anything hust saying
If i think this is a scam i am not coming even near this forum but we have trolls who are waiting loudly in the corner screaming fud scam or whatever without any proof just waiting to buy cheap and get couple of btc later Wink
Dear Trolls dont think that we are so stupid this is not the kids playground for your shiity ways to make a fortune !
RIP

Captain Positive Cool
vindyne8
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May 31, 2014, 02:01:44 PM
 #745

Most definitely not a scam. FUD is in all threads, even the BTC ones. It's just part of being on the internet.
pikuchato
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May 31, 2014, 02:59:37 PM
 #746

Buying a bmw with ISR... what a bunch of idiots  Grin

I'm done here, have fun with the dev new accounts.
SamWalters
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May 31, 2014, 06:11:31 PM
 #747

Buying a bmw with ISR... what a bunch of idiots  Grin

I'm done here, have fun with the dev new accounts.

what happened? I plan to leave also... what new dev accounts?

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CryptoBull
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May 31, 2014, 06:22:26 PM
 #748

Buying a bmw with ISR... what a bunch of idiots  Grin

I'm done here, have fun with the dev new accounts.
You are the idiot because you are talking not prepared again  Grin
You dont know how much isr i am holding little girl
Did you buy something with btc in your life ?
Because this will be my second car from trading and mining  Cool

Captain Positive Cool
pikuchato
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May 31, 2014, 09:56:36 PM
 #749

Buying a bmw with ISR... what a bunch of idiots  Grin

I'm done here, have fun with the dev new accounts.
You are the idiot because you are talking not prepared again  Grin
You dont know how much isr i am holding little girl
Did you buy something with btc in your life ?
Because this will be my second car from trading and mining  Cool

Very reliable, thank you for sharing.

I already bought 5 tanks and 28 boats just from mining with a single potato.
sejwan
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May 31, 2014, 10:06:41 PM
Last edit: June 01, 2014, 12:25:22 AM by sejwan
 #750

lol that was the deal of the century I'm cashing in all my potatoes but still holding my Isracoin Cheesy
porn0f1sh
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May 31, 2014, 10:30:03 PM
 #751

Quote
Sorry for disappointing you, but in the Israeli community this coins was announced as a scam long long ago..

No one here in Israel gives a flying fuck about this joke.
here's a famous Russian saying that some Israelis will know: don't touch crap and you won't stink . that's my best reply for you Smiley
CryptoBull
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June 01, 2014, 07:48:08 PM
 #752

Buying a bmw with ISR... what a bunch of idiots  Grin

I'm done here, have fun with the dev new accounts.
You are the idiot because you are talking not prepared again  Grin
You dont know how much isr i am holding little girl
Did you buy something with btc in your life ?
Because this will be my second car from trading and mining  Cool

Very reliable, thank you for sharing.

I already bought 5 tanks and 28 boats just from mining with a single potato.

You havent bought SHIT  Cheesy Cheesy Grin

I dont understand something why when somebody says something here the first thing from envy is to say something stupid or even that i am a dev in shadow Cheesy
If i was a dev i was no going to pay attention to the shit you say Smiley
Man i dont want to argue with you, seriously what impossibility you see that i bought an old car from 2001 with a couple of BTC?
the potato joke was funny i can give you that  Cheesy Grin but still i dont know with what are you mining but for example i have 8 rigs runnin since almost 2 years( i have 2 more but the psu has melted down my 12v cable at the MB)
So dont be a dick  there is nothing impossible to buy if you have enough btc Cheesy
Cheerz

Captain Positive Cool
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June 02, 2014, 01:26:32 PM
 #753


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IsraelCoin (OP)
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June 03, 2014, 01:32:41 PM
 #754

Quick update:

The Local Isracoin system is pretty much ready and is now in testing by a few people in Israel.
(This is Hebrew only for now. perhaps later we will add an English version for people outside Israel).

We are doing final touches on the PhaseII distribution system, testing etc.

Things are on schedule and expected to release on time.


Isracoin team
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June 03, 2014, 03:34:22 PM
 #755

Isracoin Phase-II Staggered Release Model

The Isracoin Staggered Release Model (ISRM) was created to allow for a smooth distribution of coins to recipients nation-wide in a way that benefits both the developing Isracoin economic network and the market it relies on for stability and buying power.

Rationale:

The process of distributing Isracoins to the Israeli public – the “Airdrop” – is set to begin soon. This will lead to a significant increase in the existing supply of available coins. As we’ve seen and learned from previous national-coin airdrops, this can put a strain on the ecosystem of the coin. It is a case of the Tragedy of the Commons, as this move often immediately crashes the market value, with receivers rushing to sell their coins before everyone else does, and the market, anticipating this move, panics and sells as well.
The ISRM aims to solve this problem by distributing the coins over a long period of time and by limiting the daily released amount to correspond with mining rewards. By staggering the release so, we aim to increase the value of the Isracoin network without jeopardizing the Isracoin market. Metcalf’s Law suggests that the value of such a network grows in a polynomial manner, meaning that it is proportional to the number of its participants squared. As each participant – Israeli citizen – receives only a portion of his coins each week, using them to participate in the rapidly growing Isracoin network becomes a more lucrative choice than simply selling them on the market.

The Model:
  • The distribution will proceed in four phases, each lasting 4 months, with the last continuing until every eligible person has received his coins.
  • Each phase will be marked by a “mining multiple” – a maximum amount of coins that can be distributed daily, tied to the Isracoin daily total mining reward. This increase in available supply provides less coins to more people than mining does, also putting them directly in their smartphones, ready for use.
  • The mining multiple will increase with each phase. With the launch of additional projects for the maintenance and growth of the network, it will be able to sustain more concurrent receivers.
  • Each person will receive 10 coins every week for 3 months for a total of 100 coins. The amount of people receiving coins concurrently is capped by the maximum amount of coins as determined by the mining multiple.
  • Note: the mining multiple sets a cap – the maximum amount of coins that may be distributed each day. We predict that this number will not be reached frequently.

The Numbers:

Phase Duration: 4 months
Current Daily Total Isracoin Mining Reward: 72,000 coins
Mining Multiple for phases 1 - 4: x4, x7, x10, x10
Daily Maximum Distributed Reward (Daily Mining * Multiple): 288,000, 504,000, 720,000, 720,000 coins
Weekly Maximum Amount of Reward Recipients: 201,600, 352,800, 504,000 people


A look to the Future...

The Isracoin national coin allocation will proceed slowly and in a staggered manner, putting coins in the hands of more people than allocation by way of mining. This will greatly increase the amount of users and the actual value of the network while significantly increasing market stability.
We invite everyone who has been participating and following Isracoin to get more involved and take part in making history.

Isracoin team
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June 03, 2014, 04:17:55 PM
 #756

Sounds good so far so there will be no huge dump during the Airdrop. I'm getting more ISR and plan to hold on to them for a long while.
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June 03, 2014, 04:21:38 PM
 #757

Sounds good so far so there will be no huge dump during the Airdrop. I'm getting more ISR and plan to hold on to them for a long while.

Great time to stock up on ISR cheap, and hold.
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June 03, 2014, 05:04:52 PM
 #758

can we get a fresh lists of operating pools?
from the pools listed on the official site, most of them ate 'off the air'
thanx
 
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June 03, 2014, 06:39:44 PM
 #759

I don't see any activity from devs.  Sad!

I support Magi the first anti-botnet mining network to give regular miners the fair chance of mining. Talk to #Magi on IRC: https://kiwiirc.com/client/irc.freenode.net/#magi or on BitcoinTalk: https://bitcointalk.org/index.php?topic=735170.0
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June 03, 2014, 06:40:07 PM
 #760

can we get a fresh lists of operating pools?
from the pools listed on the official site, most of them ate 'off the air'
thanx
 

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