[ANN] [ICB] IcebergCoin ❄︎ Big Update 27.11.❄︎ In-Wallet Tradebot❄︎ [MALWARE?] - page 166.

paulnux

member

Activity: 72

Merit: 10

Launch date ?

Tyr808

sr. member

Activity: 606

Merit: 278

06/19/11 17:51 Bought BTC 259684.77 for 0.0101

Quote from: psychocoin on July 06, 2014, 11:24:59 AM

Quote from: psychocoin on July 05, 2014, 07:59:33 PM

Quote from: Auxi on July 05, 2014, 06:01:31 PM

I must write here, im seeing your signature in all threads haha
What are your features?
I mined TAC and Your best point is POS

Perhaps the algo which suits some miners better and distributes the coin in a manner that's slightly more fair.
But after 7 days of mining it's over and PoS starts. And... that's all?
Whitepaper mentions the possible future features but it's just a list of features unrelated to each other and already existing in other coins, so even the ideas are nothing new, and there is not a word about what purpose will the coin and wallet serve or what problem does it tackle, or anything of any value about the features mentioned.
Without anything to back your pretty much undefined intentions with, no serious investor will come within miles of this coin, so you need to think fast about this:

- What problem not addressed by any other coin on the market can we tackle with a unique approach and go on to design and deliver an innovative, working solution that would serve some sort of a purpose to the public?
- Realistically thinking - if we don't come up with ideas backed by convincing theoretical knowledge and present them within a couple days, it would be a miracle to sell even as much as 1% of the IPO, as the proposed Market Cap valuation is currently far beyond delusional. What reasoning is your supposed Market Cap value based on, anyway?

These problems need to be addressed and then we can talk about a coin that could survive past its first few weeks.

Don't worry, I still think this has potential - but these questions need to be asked and need to be addressed!

Developers - why haven't you addressed any of these concerns? Please respond.

While I personally feel this coin seems quite honest and refreshing in light of how many bad coins are released, I too can't help but wonder why ICB? say I'm an investor with lots of capitol, why would I want to buy it, if I'm looking to use it as a currency, what does it do that others don't? It seems great to mine, but to what end?

Nonetheless, I still plan to take a chance on the initial bittrex buy because I'm happy to support such an honest coin. I'd still love to hear from the devs here, because there are already many good honest coins that have constant downward pressure for quite some time now, such as MYR.

psychocoin

full member

Activity: 126

Merit: 100

Quote from: dare88 on July 06, 2014, 11:50:03 AM

Yes, but the miners can use serveral usernames and password, to avoid the hash blocking.

I wasn't personally mining, so can you please provide a source for proof that it's effective, for both private farms and rented hashpower? It's something so obvious that I think they would never even try to enforce the limit, if something so simple would make the limit meaningless.

Quote from: dare88 on July 06, 2014, 11:50:03 AM

Yes, but by this way you are taking the risk of mining in a pool of the same devs of the coin. So the coin won't be plural and fair.

Yes, that's true if the project is a scam. Minerals wasn't. So, if the people behind the project can be trusted and prove their idea has potential - it's not too much of a problem.

dare88

full member

Activity: 196

Merit: 100

Quote from: psychocoin on July 06, 2014, 11:21:30 AM

Quote from: Icebergcoin on July 06, 2014, 05:35:20 AM

Quote from: anhpt192 on July 05, 2014, 10:19:49 PM

Quote from: Icebergcoin on July 01, 2014, 05:43:31 PM

dev, should you have a limit hash in order to avoid big hand or rental mining?

As someone said in previous pages that it is impossible to implement.
The point is that it is really difficult to rent high hash for NIST5 Grin

Minerals had it implemented (by keeping source closed during PoW and providing a centralized pool; some people were suspicious but it worked) so it is possible. Maybe not the best way but if the developers can be trusted it will work.

Yes, but by this way you are taking the risk of mining in a pool of the same devs of the coin. So the coin won't be plural and fair.

And also, somebody can cheat, and use several users/password to avoid the hashing block.

psychocoin

full member

Activity: 126

Merit: 100

Quote from: psychocoin on July 05, 2014, 07:59:33 PM

Quote from: Auxi on July 05, 2014, 06:01:31 PM

I must write here, im seeing your signature in all threads haha
What are your features?
I mined TAC and Your best point is POS

Perhaps the algo which suits some miners better and distributes the coin in a manner that's slightly more fair.
But after 7 days of mining it's over and PoS starts. And... that's all?
Whitepaper mentions the possible future features but it's just a list of features unrelated to each other and already existing in other coins, so even the ideas are nothing new, and there is not a word about what purpose will the coin and wallet serve or what problem does it tackle, or anything of any value about the features mentioned.
Without anything to back your pretty much undefined intentions with, no serious investor will come within miles of this coin, so you need to think fast about this:

- What problem not addressed by any other coin on the market can we tackle with a unique approach and go on to design and deliver an innovative, working solution that would serve some sort of a purpose to the public?
- Realistically thinking - if we don't come up with ideas backed by convincing theoretical knowledge and present them within a couple days, it would be a miracle to sell even as much as 1% of the IPO, as the proposed Market Cap valuation is currently far beyond delusional. What reasoning is your supposed Market Cap value based on, anyway?

These problems need to be addressed and then we can talk about a coin that could survive past its first few weeks.

Don't worry, I still think this has potential - but these questions need to be asked and need to be addressed!

Developers - why haven't you addressed any of these concerns? Please respond.

psychocoin

full member

Activity: 126

Merit: 100

Quote from: Icebergcoin on July 06, 2014, 05:35:20 AM

Quote from: anhpt192 on July 05, 2014, 10:19:49 PM

Quote from: Icebergcoin on July 01, 2014, 05:43:31 PM

dev, should you have a limit hash in order to avoid big hand or rental mining?

As someone said in previous pages that it is impossible to implement.
The point is that it is really difficult to rent high hash for NIST5 Grin

Minerals had it implemented (by keeping source closed during PoW and providing a centralized pool; some people were suspicious but it worked) so it is possible. Maybe not the best way but if the developers can be trusted it will work.

dare88

full member

Activity: 196

Merit: 100

Quote from: zhengqi on July 06, 2014, 10:48:55 AM

Only 30 coins? Few than we could image! Cry

As you can read in the main post, the devs don't want a pump and dump coin, so there is no sense in giving a big free giveaway. If the this giveaway were bigger, this 1000 users would dump the coin in the first days.

You have to add that the unsold coins will be destroyed and that the difficulty of mining will be high (There are many users interested in it), so you can be sure that the coin won't be dumped.

Quote from: atleticofa on July 06, 2014, 10:05:14 AM

I sent right now btc to bittrex. I'm ready! Let's the iceberg begin Grin

I already have them in Bittrex waiting for some fresh ICBs!

zhengqi

member

Activity: 632

Merit: 60