Topic: [ANN] Infinitecoin - IFC | V1.8 Released! *Mandatory Upgrade, upgrade ASAP* - page 49. (Read 199671 times)

Can You kindly add my pool to the pool list
infinite.netcoin.pl
Proportional payments

Looks real nice, probably one of the best actually... I have come round to the idea too... I was perhaps a little hasty to write it off so early on, so I admit that I may have been wrong but I guess time will tell. I just hope that it is continued to be supported. Anyway again really nice job there!! Keep it up.

Infinitecoin.org +++updated+++

price  is  low

Thanks dream!

this is a great coin will do good.

If it can become useful before it becomes scarce, it'll have a good chance. If it becomes scarce before it becomes useful, it'll wither. It'll be up to the major holders to invest in something that makes it useful, and that'll have to happen fast because it is on an accelerated schedule. Tick tock.

i am buying a lot on there at the min i was just offering elsewhere   

Just buy it on cryptsy or coins-e

anyone want to sell me some cheap IFC ? I will offer 10ltc /100,000,000

Yes IFC can be used in this case. Actually IFC is more fair and distributed compared to XRP, it's good to be used as a currency instead of something mine and keep like BTC.

Did you guys see this comment in CRC forum?

Luckily most coins are alike so given a working module to plug a cryptocurrency into minecraft and/or minecraft clones pretty much any cryptocurrency should be able to work with it with trivially simple changes (port number, maybe, maybe not even that; and costmetics such as what name/symbol to display).

So really the coin itself isn't the important/interesting thing here anyway, the module is; people could go ahead and use it with real bitcoins instead of mucking around with some obscure newfangled coin, or maybe litecoin or devcoin or whatever if bitcoins are considered "too valuable" for use in games...

-MarkM-


I think IFC is ideal for minecraft!

no idea lmfao

Hmmm well what I meant was that it was propped up buy you, I actually didn't see that the cryptsy buy side was empty till after I wrote that...

What you say about the store cards or game points is intriguing although I'm not sure why anyone would use IFC for those purposes when they could just make up their own out of thin air, like they do now for instance. Still, I hopped back on but I am wondering to myself now if it is even worth it lol... I suppose a few days won't hurt...

Btw, what does it feel like to be a billionaire?

Edit1: I see, okay thanks

Edit2: Not sure why you think I am insinuating that, I was merely curious as to why you would support something that you yourself deem as a clone coin that people just wanna dump, that was all.

Fair questions.

No, it's not being propped up by me at all, I have no buy and no sell orders on at any market, and don't plan to have any either. I helped increase the value of IFC and acquired quite a lot, which moved the price up and then it stabilized back at 3000% what it was a few hours before I started buying. That is at least some confidence in the coin.

The fact is, that each currency only has the value which is ascribed to it by those holding the currency. Gold has no value unless everyone agrees it does, likewise Bitcoin, likewise Litecoin, every coin. I don't expect InfiniteCoin to compete with the major currencies, but I do feel it has some merit and some value, because of the sheer quantity of them, and the fast times to mine / support the network, it could easily be used for anything from microtransactions, to transferable store card points, to game credits and all sorts of things, by the time you break it down to uIFC that's a huge amount of scope, just takes one good idea to be implemented and IFC has a stable long term value.

FWIW my original sums were based on a market cap of about $12.5 rising to $25m long term, and staying relatively stable against a fixed currency.

As an extra note, I set my transfer fee to be 2 IFC. You can possibly extrapolate out from there to get a value for the coin if you agree it's a fair price.

edit: re coinchoose, that happens when the block explorer is down I believe

edit 2: I don't manipulate anything, so please don't say insinuate I do, I've been 100% transparent here, I've disclosed what I bought, when, that I helped get it on to cryptsy, and now I'm just leaving it be and answering any questions I'm asked. I'll return to the coin further down the line when things pick up more, and move off-market (critical) not on market, if there are buyers. Or just make a loss, either or. Somebody needs to actually support the things with funds though, rather than just talking it up then dumping mined coins.

Don't take this the wrong way but it sounds like so far this coin is being propped up by you alone? My question is, why? Why are you propping up a mere clone coin? A coin that no-one but yourself has any confidence in? Do you really see the coin getting past those sell walls? There is like 200 BTC worth to get through before it can start to climb, that is a fair mountain right there. Also the buy side has completely gone now. No-one wants this coin, not even for a satoshi.

I know you think it should be pitted again LTC but I don't even think that will help it. The coin is going the way of the do-do, although your comments do intrigue me. I would like some further thoughts from you.

Edit: Hmmmm, I see that it has now been delisted from coinchoose, your doing also?

Edit: Just checked out the pool I was mining with and they are reporting that their hashrate is larger than the network hashrate, how can that be? lol If it can stay off coinchoose and I can be assured it will still be supported I might actually start to mine it again.

IFC/LTC market added at cryptsy

It was in the hands of people who'd dump it on market and for next to nothing, now it's in the hands of somebody who holds long term and manages funds for mid sized private investors around the world. Surely that's a vote of confidence.

Also, read back, this is exactly what I said (about single people with large holdings) and why I took it out of the hands of dumpers. I also sponsored the work to get it added to a decent exchange, added significant liquidity in to the market at a loss, and am organizing to get it on to a more realistic LTC market whilst it moves from weak to strong hands. I've got confidence in the currency long term, but not much in the people who mine and dump, what's the point in mining a currency you feel has no value, that just devalues it. Investment and backing increases it.

ps: you're welcome for the 3000% rise from 0.00000001 to 0.00000090 and back to stable at 0.00000030 (LTC) / 1 satoshi

As long as people know there are holders of this magnitude the currency will not be allowed to rise in price, and miners will pay for their electricity as best they can.

Another few days, another halving of the block reward.  It might be enough for miners to still dump at .00000001.

In that time it needs to get into many hands, or people who are smart enough not to say this.

When miners cannot pay bills at .00000001, or when cryptsy dumps IFC to secondary markets - we will see.  If it is in too few hands, it will fail. Two more halvings, I estimate.

rich guy, lol