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Topic: [ANN] Infinitecoin - IFC | V1.8 Released! *Mandatory Upgrade, upgrade ASAP* - page 25. (Read 199671 times)

legendary
Activity: 1232
Merit: 1000

time to prove the reason why WE NEED A HARD FORK.

This happened last night. IFC was pumped last night, it went from a low of 65 to a high of 113. This in turn had the auto switch pools attack IFC with over 2 gig hash of mining power.



This drove the diff of IFC to 5.116. Once the price dropped and the flash miners had left, We are now at 80 Mhash of mining power and pools are taking hours to find blocks. ifc.scryptmining.com is sitting at a WHOPPPING 500 khash of mining power, and hasn't found a block in 5 hours. So 80mhash @ 5.116 Diff, anyone care to figure how long it will take for the diff to change? sure as hell wont be 1 hour like fisheater predicted.



And now IFC sits 2 positions above bitcoin on coinchoose, at a disgusting profit margin that not even the most rookie miners want to touch. Look at ADT, its constantly at the top of coinchoose and rarely goes below LTC in terms of mining profit, ensuring hashing power stays with ADT and strengthening the network.



Anyone who voted that we keep the 120 block retarget, please tell us why that is such a good idea? If you cant make a solid argument then it is clear that you just want to see the coin fail. I would like a hard fork to fix the diff issue and I believe that anyone who is invested with IFC feels the same way.

Thank You for your time.  

member
Activity: 72
Merit: 10
developer and cryptocoins enthusiast
WTF?Huh?

Difficulty: 5,16600 !!
Network Hash Rate: 80.67 MH/sec !! Now: 69.43 MH/sec !!
[/b]

legendary
Activity: 3318
Merit: 2008
First Exclusion Ever
I rendered some new logos for IFC, keeping the old style but getting rid of the cheesy looking pixel art over vector art. I hope you guys like them. Please no hot linking.





AI vector file: http://tecshare.com/ifclogo1.ai
hero member
Activity: 546
Merit: 503
IFC added to http://COINJACK.com

great, thanks REDCOIN!

[IFC] Free IFC - Infinitecoin Giveaway! 4000 IFC to the 250 first users!
https://bitcointalksearch.org/topic/m.3054126

Heju, thanks for your support as always.



Guys, I received some PMs and saw some comments blaming that I did not do enough for the coin. Well, when the coin is up, everyone is happy. But when the coin is down, the dev always gets the blames.

First, let me say that I will always support the coin on the technical side as needed.

Second, I am not a market guy, and I don't do specifically marketing and promos. I don't think this is the force driving the coin price. Coin prices in cryptsy are mainly driven by the traders, who periodically do pump-and-dump games. Marketing can boost a coin price temporarily, but that won't be lasted. WDC, DGC, and many others are examples.

Each coin has its own course, it goes up and down. For any alt coins to really get close to BTC or LTC, is only a dream at this time. This is the reality. IFC as compared to many other alt coins, has some advantages, the main two advantages are great community and good dev support, besides the originality of the coin (which has been copied by others recently).

IFC may have problems. Any issues, as long as the community thinks as a whole need to be improved/fixed, I am willing to work on it. I see there's a vote going on for the retarget interval, there are talks on the transaction fees etc. Please report issues and make suggestions. Though I originally created the coin, the IFC really belongs to this community.

Infinitecoins, Infinite Possibilities, Infinite Opportunities!

That is what we wanted to hear. Dev is alive!!!
Everything is fine.
Throw alarmists to overboard  Cool
hero member
Activity: 770
Merit: 605
IFC added to http://COINJACK.com

great, thanks REDCOIN!

[IFC] Free IFC - Infinitecoin Giveaway! 4000 IFC to the 250 first users!
https://bitcointalksearch.org/topic/m.3054126

Heju, thanks for your support as always.



Guys, I received some PMs and saw some comments blaming that I did not do enough for the coin. Well, when the coin is up, everyone is happy. But when the coin is down, the dev always gets the blames.

First, let me say that I will always support the coin on the technical side as needed.

Second, I am not a market guy, and I don't do specifically marketing and promos. I don't think this is the force driving the coin price. Coin prices in cryptsy are mainly driven by the traders, who periodically do pump-and-dump games. Marketing can boost a coin price temporarily, but that won't be lasted. WDC, DGC, and many others are examples.

Each coin has its own course, it goes up and down. For any alt coins to really get close to BTC or LTC, is only a dream at this time. This is the reality. IFC as compared to many other alt coins, has some advantages, the main two advantages are great community and good dev support, besides the originality of the coin (which has been copied by others recently).

IFC may have problems. Any issues, as long as the community thinks as a whole need to be improved/fixed, I am willing to work on it. I see there's a vote going on for the retarget interval, there are talks on the transaction fees etc. Please report issues and make suggestions. Though I originally created the coin, the IFC really belongs to this community.

Infinitecoins, Infinite Possibilities, Infinite Opportunities!
member
Activity: 70
Merit: 10
[IFC] Free IFC - Infinitecoin Giveaway! 4000 IFC to the 250 first users!
https://bitcointalksearch.org/topic/m.3054126
hero member
Activity: 1073
Merit: 666

who the hell is treasureseeker  ?

That's me. I've never dev'd a coin either. Hippie Tech just thinks my p2pool is a scam. Roll Eyes

I knew I had seen your name somewhere lol

some people on here have no idea who does what

would be good to fix IFC as its never good when a well liked coin dies


I will add 25,000,000 IFC to the hard fork bounty as long as the fork is not made by or comitiond by fisheater Smiley

zack, are you sick? why do you try to sabotage IFC? small man!
sr. member
Activity: 322
Merit: 250
Neg trust, was left by competing casinos
legendary
Activity: 868
Merit: 1000
ADT developer

who the hell is treasureseeker  ?

That's me. I've never dev'd a coin either. Hippie Tech just thinks my p2pool is a scam. Roll Eyes

I knew I had seen your name somewhere lol

some people on here have no idea who does what

would be good to fix IFC as its never good when a well liked coin dies


I will add 25,000,000 IFC to the hard fork bounty as long as the fork is not made by or comitiond by fisheater Smiley
legendary
Activity: 3318
Merit: 2008
First Exclusion Ever
hey guys, long time lurker, 2nd time poster.

HARD FORK THIS COIN!

I am sick of spending my time and electricity mining this coin at high diff, 120 blocks at a time, just to have the diff drop and let coin hoppers strip mine the hell out of IFC.

One thing these alt coins have taught us is that you NEED a faster diff retarget. 120 blocks does not cut in in the days of auto-switch pools.

IFC was the first coin to introduce large block reward. People thought it was a joke, but it has been very profitable to mine and trade. Other coins like ADT and COL have followed suit, however they have fast retarget times and can survive flash-mining.

I vote for a hardfork. If the majority agree, we dont need fish eaters approval. He is smoking some good crack if he thinks that 120 block retarget is a good thing. Once autoswitch pools raped IFC, it went from a high of 420 and a market cap of over $600,000 to trading sub 100 and a market cap of less than $200,000.

I will chip in a few coins to whom ever the IFC community decides will hardfork this coin. fisheater should do it for free so he gets nothing, anyone else that steps up to the plate will get paid.

I agree and I will add a reasonable bounty.
hero member
Activity: 546
Merit: 503
*************************************************************************************

Let's give the floor to Fisheater!

Perhaps he remained silent because he does not know how to make a fork. There's no problem with it.
Maybe he has some other reason.
In any case, he must as soon as possible  tell us about the plans and confirm it's further participation in coin.

Let's wait for 1 day,so that he was able to answer our questions  and only then will take a collective decision (via poll and making development plan)
**************************************************************************************
hero member
Activity: 546
Merit: 503

who the hell is treasureseeker  ?

That's me. I've never dev'd a coin either. Hippie Tech just thinks my p2pool is a scam. Roll Eyes


He do not care - who is who. He would only to hate.
And no matter who or what.


sr. member
Activity: 455
Merit: 251

who the hell is treasureseeker  ?

That's me. I've never dev'd a coin either. Hippie Tech just thinks my p2pool is a scam. Roll Eyes
legendary
Activity: 1232
Merit: 1000
hey guys, long time lurker, 2nd time poster.

HARD FORK THIS COIN!

I am sick of spending my time and electricity mining this coin at high diff, 120 blocks at a time, just to have the diff drop and let coin hoppers strip mine the hell out of IFC.

One thing these alt coins have taught us is that you NEED a faster diff retarget. 120 blocks does not cut in in the days of auto-switch pools.

IFC was the first coin to introduce large block reward. People thought it was a joke, but it has been very profitable to mine and trade. Other coins like ADT and COL have followed suit, however they have fast retarget times and can survive flash-mining.

I vote for a hardfork. If the majority agree, we dont need fish eaters approval. He is smoking some good crack if he thinks that 120 block retarget is a good thing. Once autoswitch pools raped IFC, it went from a high of 420 and a market cap of over $600,000 to trading sub 100 and a market cap of less than $200,000.

I will chip in a few coins to whom ever the IFC community decides will hardfork this coin. fisheater should do it for free so he gets nothing, anyone else that steps up to the plate will get paid.
legendary
Activity: 868
Merit: 1000
ADT developer
The bastards have ditched IFC and will do the same with ADT and any other alt they get their grimey insider trader hands on.

When I realized yesterday that, 1 block/ 524288 ADT = .33 LTC, I thought... GTFO ! Its IFC all over again.

Its probably best that we just let this one ride itself out and instead, concentrate on other alts.

You won't catch me mining any fisheater/zachclark/treasureseeker coins ! Tongue

lmao you do know i was never a DEV on IFC right ?

ADT was made by shake for jag and i am just helping out with the coin / run the forum 

who the hell is treasureseeker  ?

if fish eater is gone i will happily pay someone to hardfork IFC and save it if you look back on this thread the reason i leave IFC alone if because the IFC community don't want me here if i had had there support when snaz did a runner and left me out of pocket this coin would be doing a lot better now




hero member
Activity: 546
Merit: 503
The bastards have ditched IFC and will do the same with ADT and any other alt they get their grimey insider trader hands on.

When I realized yesterday that, 1 block/ 524288 ADT = .33 LTC, I thought... GTFO ! Its IFC all over again.

Its probably best that we just let this one ride itself out and instead, concentrate on other alts.

You won't catch me mining any fisheater/zachclark/treasureseeker coins ! Tongue

But who needs you? Grin Tongue, crazy hater Wink
legendary
Activity: 1624
Merit: 1001
All cryptos are FIAT digital currency. Do not use.
The bastards have ditched IFC and will do the same with ADT and any other alt they get their grimey insider trader hands on.

When I realized yesterday that, 1 block/ 524288 ADT = .33 LTC, I thought... GTFO ! Its IFC all over again.

Its probably best that we just let this one ride itself out and instead, concentrate on other alts.

You won't catch me mining any fisheater/zachclark/treasureseeker coins ! Tongue
member
Activity: 85
Merit: 10
I also suggest hard fork.
A hard fork plus paid mining to reach it quickly, resurrected GLDcoin from complete death and it gained 1000% in value later.
All open-source coins are community and "democracy" based. If somebody thinks that the fork is a good idea (and I do so), then the best way is to compile and release updated client, announce the block number and time expected of the fork and let the community choose - if majority, pools and exchanges upgrade, the rest will generate orphan or invalid blocks, and the coin will gain its value back.

EDIT: Poll added https://bitcointalksearch.org/topic/poll-ifc-infinitecoin-retarget-hard-fork-to-resolve-hashrate-attacks-292250
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