First of all it’s a fact, a friend has 500k tokens he got for free. Secondly who wants or trusts a new instamined coin over the first decade old distributed for pennies the entire tine. And like Satoshi said, any coins lost is a win for the rest not a lost. You lost your keys or trusted an exchange that makes Ixcoin that much more rare and valuable as we added a variable in the code that with time, years, any unclaimed coins get reminded so we will always have the 21 million distributed via mining.
And finally, Ixcoin has never been a scam coin, never manipulated never pumped and dumped. We never had a lot of money we had to pay out of pocket or do community fund raisers. Izerocoin wouid work but it doesn’t have the recognition or history of this coin and who would create the first clone I wonder since back then only a handful of cypherpunks knew how?
Not much time to buy. Been pushing number 1 narrative and giving ixc sway for almost a decade - something nine of the old coins have ever done. They hid in silence so who owns those coins then I wonder? Not very honest or transparent.
How could your "friend" have got 500k tokens for free if there is supposed to be a coin or asset to back these tokens? Did the person who gave him or her this free gift back them with anything of instrinsic value or did they just magically print out 500 magic bean and hope some suckers pump the magic beans to a dollar and your friend suddenly has $500k. That would be the very definition of a ponzi scheme.
Also how can you take any "unclaimed coins" for any mining scheme when those coins technically don't belong to you. Define what is "unclaimed"? If I have a wallet I freely choose to store my 544 IXcoins in indefinitely they are still legally my property so taking them would be theft. How do you identify what dormant wallets still have legal owners and which have died or vanished into thin air? Surely the deceased owners estate would still have legal ownership of them anyway.
Valid questions.
Excellent points. I went batshit crazy on Craig for minting 500k ixc tokens without my permission. As of now they’re not backed by anything but they’re on the bsv blockchain. My friend said he got them for free. Finally I thought about it and apologize and told him if he wants to back ixc token by buying Ixc then I’m ok with that. He did respond cause we had a couple bad weeks of me losing my self control in his direction. Can’t blame him.
But yeah, they have zero value now so I’m curious what’s he going to back them with. And it doesn’t even say token, kinda confuses people it’s Ixcoin. That’s what upset me besides doing it without asking. I’ll see if I can find the screenshot and you can see for yourself. It doesn’t say Ixcoin token or IXCT, it look like the coin.
He’s a smart guy he knows what he’s doing but I don’t wanna get taken for a ride. A moon ride is all good tho. Lol
Here we go. If one douche-nozzle got 500k Ixcoin tokens for free albeit with zero value how many are minted. I’m upset not knowing these things. Craig and I were friends, we briefly worked together, I think BSV is gonna be a huge success. Just cause I lost my temper and went off on him and his team doesn’t mean you can do this. Anyway, hopefully I’ll find out more details but I wish he’s add token to the name or the symbol so there’s no confusion.
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Thanks for the response.