Topic: [ANN] IXCoin [IXC] The Original Bitcoin Sidechain (Read 42944 times)

Good call sir! I think both the ixcoin and i0coin community are one and the same although both individual unique separate coins of course. Maybe we should merge threads or something?

On another note I was wondering if ixc or i0c ISO 20022 compliant and if not should or could this be something to look at implementing?

That's a super idea cornhodlr. I have tried using their helpdesk on the site with the addcoin option on the dropdown menu but once I fill out the form and hit send it just goes to cloudflare and says I am banned for some reason. Not sure why because I am not using any vpn or tor so maybe theres a problem with the site.

If anyone has a contact email for them I will try again later.

Note to bystanders: the above quote is from I0Coin's ANNounce thread, I responded to it over there.


-MarkM-

Emphasis on the point of having an XLM pairing on Freiexchange^

I notice it says it is a limited time offer, I expect by the time any bids are received the limit will turn out to have already passed.

But consider the possibilities such a large number of coins opens up!

One could put half into an official treasury for a treasury-based asset, an asset that mints 325000 tokens and has 325000 IXCoins in its treasury would have a calculated value of one IXC per token;

One could build a huge ascending pile of sell offers with the other 325000 IXC, ever upward from above its highest buy offer, and as they sell could start building on the buy side of one's own new treasury-based asset, building its own spot-market price upward toward its calculated value.

If you've never sold any yet of your new asset no-one will have any to dump on your buy offers so building them all the way to the calculated value should be just a matter of time.

But you could also use some of the proceeds of the IXC sells to strengthen IXC's own buy-side, continue building its spot market price up toward its own calculated value, which currently it is still falling short of.

Then too look at how neglected I0Coin is, technically isn't it actually even better than IXCoin, I've never understood at all why IXCoin keeps being more popular.

Eventually if someone really is out to dump their coins will end up in the hands of smart players, it is just a matter of time.

This is a generational / dynastic game in the long run, it just can indeed seem slow sometimes.


-MarkM-

Will @transylvania969 aka Vlad cause a situation where the price will never rise if someone gets their hands on 650k ixcoin or is he bluffing in your opinion? Surely those 650k ixcoins would be safer in your hands so maybe you could bid in this so called auction if he is serious?

There is somebody on X/twitter talking about auctioning off 650k ixcoins to the "lowest bidder" using the handle
@transylvania969 . Is this our so called dev Vlad and what damage is this going to do to ixcoin? Also why has he not set up this auction here among the community? I think ixcoin needs new developers no matter what the Vlad cult followers say.

Same to you sir and all the IXCoin crew

Merry Christmas everyone!

Please kindly refrain from dumping your bags cornhodlr until I have some btc to place my buy orders for them 

Well I guess that is why folks prefer keeping the price low and building the buy-side order-book strong rather than higher.

If there is expected to be a threat of dumps all the way up maybe slow strong building is going to be the best way to go all the way instead of piling higher but thinner columns of offers although those too sometimes work to trigger a dump and thus hopefully bring us closer to absorbing any anyone still wants to dump.


-MarkM-

What incentives do whales if any even exist at this stage have to not dump their bags when the price goes higher?It's their money so they can do what they like with it really.In the real world stakeholders who could crash a market are given incentives and perks to sign contractual agreements that prevent them from wrecking the global economy and why not?They have the money and they should get the incentives to comply with bonds they make.Is there a diplomatic passport or honourary degrees being handed out by an ixcoin corporation or bank or a knighthood by the king Vlad going to be bestowed upon them for their loyalty and staying bound to their agrements?NO there isnt so why would they care about the ixcoin community or the coin apart from making a mint and who could blame them?Although I think they would be well resigned to the fact ixcoin has been worth basically nothing and will continue to be worth basically nothing because you cant use it for commerce as nobody accepts it and even if they did there is not enough liquidity for a merchant to even look at it.

I did it already but they havent let anyone know if they will even return Ixcoins or any low value coins for that matter. Probably not worth all the effort sending them your passport and doing all that selfie shit like a mugshot for a criminal if its only 600 but if its ever worth a dollar again thats 600 dollars potential payday if ixcoin does a pump for if , that is if they ever do return them so its your call. Risky, you give them all your data that could eventually end up hacked and sold across the dark web with some dude in nigera or wherever getting a few credit cards or loans in your name and get nothing in return so its risk versus reward.

It was worth it for me because I just got 3k worth of btc off them 2 days ago so happy Christmas for me at least.

I definitely had around 600 because I had it written down with any altcoins I held but I think I bought more just before the hack happened and may not have recorded it but I have 1720 IXC written as total IXCoins held although I don't have any wallets containing coins so assume it must be the total held there as that was the only place I traded IXCoin. I sold all the others I had there before the hack and thankfully got what little bitcoin was there out of it.

I might register up and see although I have replaced what I lost there using freiexchange so have a nice stack of 3k and will buy more once I get some btc.

I hope they dont keep all the IXCoin that was there because thats probably the lions share of IXCoin in existence and would be like a sword of Damocles if it ever reached a dollar or went higher again 

Do you really know how much of what you had there?

I had thought I had none or almost none BiTCoin there until they let us in to look; it turned out the tiny bit of BiTCoin I had had as buy-sides for my IXC and I0C there does not seem so tiny after all these years...

Plus just possibly the more folk who insist they still want their IXC and I0C the more chance they will give it back rather than just steal it themselves?

Also the sheer fact of not knowing what was going to happen to all the IXC and I0C there has for years discouraged building up of the prices of IXC and I0C on their remaining venues; once we are sure we have re-absorbed all those missing coins we can start working the price up; while so many coins are still expected to likely get "dumped" the building of the buy-side has always needed to stay low and deep waiting for those missing coins to get dumped onto it...

For years they have in effect used that threat of a "dump" to suppress the prices, lets not allow them to use that very suppression as excuse to not give us our coins back!


-MarkM-

Has anyone seen the latest update from https://cryptopia.co.nz   it looks like they will be giving back some funds to victims of the hack after all this time. Will they be giving people back their ixcoin or is it worthwhile signing up for it? I didnt have much there apart from a few hundred or maybe even over 1k ixcoins and maybe some worthless altcoins so wondering if its worth the jumping through all the hoops to get it back. I dont mind registering up if they are going to pay out the ixcoin buy no point if its only for bitcoin and people with large deposits.

It seems to be doing just fine on FreiExchange, starting to get a not so horribly weak buy-side built up for it...

What has always puzzled me though is why IXCoin always seems to get so much more attention than I0Coin, when I0Coin is in many ways the better coin of the two?

Like right now IXCoin is still giving miners a whole coin per block from its recycling reward pool isn't it? Or has that run out?

While I0Coin's block reward is a small fraction of a coin, so in principle there should be less I0Coins coming onto the market per day making it easier to keep up with its inflation and build its value upwards?

Also I0Coin of course has faster blocks too, which a lot of users supposedly prefer.


-MarkM-