I'm not a fool, I am a profiteer without shame!
Well, I don't blame you. Ixcoins are for you!
But I am curious to know if Thomas can build a currency with people that only want to profit from speculation. We'll see...
Topic: delete - page 2. (Read 6177 times)
Well, I don't blame you. Ixcoins are for you!
But I am curious to know if Thomas can build a currency with people that only want to profit from speculation. We'll see...
@fcmatt
I openly admit I have zero faith in Bitcoin, Namecoin or Ixcoin.
Honestly I careless about the "long term" uses of it.
I am in this 100% for the pure profit and nothing else. I have never and will never buy a single thing with any digital currency.
I was just fortunate enough to have at my disposal 10 gigs of GPU power to use at no cost in electricity or hardware in mid 2010. For what ever reason my wife's company ordered 50 machines from a local computer shop all with HD 5770's. No reason at all, I just guess they wanted to spend the money.
Long story short, I was the part time admin and had total control of the machines from 6PM-7AM M-F and 24/day on the weekends. Needless to say I racked up a serious amount of coins and sold about half of them during the height in June. I was able to purchasse and build a 40GH/s farm of my own and hit Ixcoin at a difficulty of 16 full force.
I'm not a fool, I am a profiteer without shame!
Peace.
I openly admit I have zero faith in Bitcoin, Namecoin or Ixcoin.
Honestly I careless about the "long term" uses of it.
I am in this 100% for the pure profit and nothing else. I have never and will never buy a single thing with any digital currency.
I was just fortunate enough to have at my disposal 10 gigs of GPU power to use at no cost in electricity or hardware in mid 2010. For what ever reason my wife's company ordered 50 machines from a local computer shop all with HD 5770's. No reason at all, I just guess they wanted to spend the money.
Long story short, I was the part time admin and had total control of the machines from 6PM-7AM M-F and 24/day on the weekends. Needless to say I racked up a serious amount of coins and sold about half of them during the height in June. I was able to purchasse and build a 40GH/s farm of my own and hit Ixcoin at a difficulty of 16 full force.
I'm not a fool, I am a profiteer without shame!
Peace.
Saweeeet!
basically ixcoin can be summarized as one of two things or perhaps both.
a big joke designed to coral in the sheep (miners/silly exchange setup to trade it) of this community and to upset others.
or it was released in an attempt to make a fast buck.
a big joke designed to coral in the sheep (miners/silly exchange setup to trade it) of this community and to upset others.
or it was released in an attempt to make a fast buck.
For it being a joke, I have made almost 100BTC from selling IXC on the exchange at bitparking.
People are upset that the creator kept 400K coins to promote IXC or whatever. 400K isn't that big a deal. I knocked out almost 125K IXC with 28 GH/s in three days.
I can absolutely guarantee you since this worked, there will be another "Digital Currency" shortly.
The question of a person making some money in this scheme is not really in question. You are an example of a person who did.
Enough people were suckered into it by the desire of being an early adopter to a new copycat type of bitcoin. That is clear.
As for the 400K.. I really do not think that is a huge deal either. A person who releases a fork has to test it out.. and at first
mining is not difficult and coins build up fast.
But have you ever heard of the greater fool theory? Now I am not calling you the fool. You mined and got out instantly. But basically
showing a total lack of faith in the scheme you seem to be promoting is not going to win many over except the fools. Immediately selling
for BTC tells me what your goal was and shows where your faith lies when it comes to digital currencies.
So just like namecoin... where people were interested because they could make BTC quicker then normal mining.. so goes ixcoin.
As soon as the math no longer makes sense.. you will move onto something else leaving the fools with a bunch of 0s and 1s.
This is what I call start with both wrong feet... one of the major flaws in BTC was deflation generated by massive speculation and pretty few to none real economy around it.
IXC comes around and the first thing to open is... a "speculator playground", normally called as "exchange".
Let's see how this unfolds...
IXC comes around and the first thing to open is... a "speculator playground", normally called as "exchange".
Let's see how this unfolds...
basically ixcoin can be summarized as one of two things or perhaps both.
a big joke designed to coral in the sheep (miners/silly exchange setup to trade it) of this community and to upset others.
or it was released in an attempt to make a fast buck.
a big joke designed to coral in the sheep (miners/silly exchange setup to trade it) of this community and to upset others.
or it was released in an attempt to make a fast buck.
I'll put 100BTC in any escrow that we can both agree upon and when I PROVE it!
It's mine or if I can't It's yours.
It's mine or if I can't It's yours.
You're right and the idiot didn't even realize that "Trailer Trash" refers to class not race!
Truthfully I do not understand why all the hate for IXC, how is it a threat to BTC, serious question?
Trailer trash indeed refers to class, however, you have now twice implied that I am from Georgia and previously stated that you emigrated to the US. I can only assume that this is some ignorant racist construct of a simple mind.
Have some class, sir.
Truthfully I do not understand why all the hate for IXC, how is it a threat to BTC, serious question?
As for me, I don't think it is a threat to BTC. Ixcoins can harm or benefit bitoins. It is too early to tell.
What I don't like is the idea behind it (which is none). I believe in BTC and I support it. Ixcoins only have one motivation: profit. I think it is wrong from a conceptual point of view.
I'll put 100BTC in any escrow that we can both agree upon and when I PROVE it!
It's mine or if I can't It's yours.
It's mine or if I can't It's yours.
The new IXCoin Exchange run by DoubleC at Bitparking has over 385,000 in volume and over 300 BTC traded today.
The also have a pool with 32GH/s.
Looks like IXC is here to stay.
The also have a pool with 32GH/s.
Looks like IXC is here to stay.
You scam-hyping pile-o-shit.
/thread
I'll put 100BTC in any escrow that we can both agree upon and when I PROVE it!
It's mine or if I can't It's yours.
I was one of the early adopters of BTC and also one of the early IXC miners with 28GH/s at difficulty 16. If the math doesn't hang you up figure out what the blocks and coin count is at 96IXC per block since two hours after it was announced.
Shut up or put up you Georgia Trailer Trash.
Prove what? What the fuck are you even talking about? What is up with that grammar and sentence structure?
Go back to mining your scamcoins and grinding your dignity into the mud even more, you racist twat.
On the bright side, we now know what critical defect in bitcoins are solved by ixcoins -- insufficient divisibility.
I really laughed.
The new IXCoin Exchange run by DoubleC at Bitparking has over 385,000 in volume and over 300 BTC traded today.
The also have a pool with 32GH/s.
Looks like IXC is here to stay.
The also have a pool with 32GH/s.
Looks like IXC is here to stay.
You scam-hyping pile-o-shit.
/thread
Salty early-adopter?
Sure, about the same as they have been. Do you have some reason to believe that they'll go up?
Someone pumped in about $2,000 and the rate shot up from .0006 to .001 -- there are something like 400,000 IXC outstanding, so at .0006, it would have only taken 2,400 bitcoins to buy every single ixcoin. Because the volume is so low, the prices are mythical.Sooner or later, prices will nosedive heavily. I'm thinking sooner. The next question is whether ixcoins will survive that nosedive.
On the bright side, we now know what critical defect in bitcoins are solved by ixcoins -- insufficient divisibility.
The new IXCoin Exchange run by DoubleC at Bitparking has over 385,000 in volume and over 300 BTC traded today.
The also have a pool with 32GH/s.
Looks like IXC is here to stay.
The also have a pool with 32GH/s.
Looks like IXC is here to stay.
You scam-hyping pile-o-shit.
/thread
Sure, about the same as they have been. Do you have some reason to believe that they'll go up?
Hey Chris, the Ixcoin exchange is blocked for me at work. What's the current exchange rate right now? I can't see it. Last night I remember it was .0008. Can you tell us what it is now? Thanks!
It was around 0.0015 leading up to the difficulty increase. It's hovering around 0.0021 right now. Not exactly impressive, considering that the difficulty quadrupled. The price range has mostly stayed around 0.001 to 0.002 since the exchange started.
If the hashrate hasn't dropped since I last checked, there'll be another 4x difficulty increase in about a day and a half.
We're still in the "initial climb" stage for difficulty, so analysis is difficult. That said, IXC has gotten a LOT of attention this week, certainly enough that as many people are aware of it as are aware of NMC. NMC may have an actual use aside from just currency, but bitparking NMC volume vs actual dot-bit registrations should prove that it's NOT being traded because of its intended purpose. I expect to see IXC on competitive par with NMC, perhaps moreso considering that it's far easier to use than the current command-line-only NMC implementation. That said, I'm holding on to most of the IXC I generated when difficulty was 4. I could maybe get a few hundred USD out of them right now but I think this market is just getting started.
Edit: Oh, and as for this:
Quote
Not exactly impressive, considering that the difficulty quadrupled
As I mentioned, we're still in the "initial climb" phase. Whether you're of the school that believes difficulty influences price (or vice versa) I think we can all agree right now that difficulty is meaningless. If you've got some analysis once it STOPS climbing by factors of four let me know On a related note, look what NMC profitability was like during their "initial climb" - http://tvori.info/bitcoin/charts/ (the light blue line).
Sure, about the same as they have been. Do you have some reason to believe that they'll go up?
Hey Chris, the Ixcoin exchange is blocked for me at work. What's the current exchange rate right now? I can't see it. Last night I remember it was .0008. Can you tell us what it is now? Thanks!
It was around 0.0015 leading up to the difficulty increase. It's hovering around 0.0021 right now. Not exactly impressive, considering that the difficulty quadrupled. The price range has mostly stayed around 0.001 to 0.002 since the exchange started.
If the hashrate hasn't dropped since I last checked, there'll be another 4x difficulty increase in about a day and a half.
Sure, about the same as they have been. Do you have some reason to believe that they'll go up?
Hey Chris, the Ixcoin exchange is blocked for me at work. What's the current exchange rate right now? I can't see it. Last night I remember it was .0008. Can you tell us what it is now? Thanks!
Last Price: 0.00214300 High: 0.00249800 Low: 0.00023231 Volume: 346938.55050340 Time: 08/13/11 04:31:50
Sure, about the same as they have been. Do you have some reason to believe that they'll go up?
Hey Chris, the Ixcoin exchange is blocked for me at work. What's the current exchange rate right now? I can't see it. Last night I remember it was .0008. Can you tell us what it is now? Thanks!
Something tells me that 150 to 200 GH/s at difficulty 4096 is not going to be party over.
Mining for it will no longer be any more profitable than BTC mining.
And you can see the exchange rates for the next 5 hours in the future? Please if you can then share the info!
Sure, about the same as they have been. Do you have some reason to believe that they'll go up?
Just a hunch. I have traded in markets and this feels like a rally that has not started yet.
It may be short but there is a rally...
Something tells me that 150 to 200 GH/s at difficulty 4096 is not going to be party over.
Mining for it will no longer be any more profitable than BTC mining.
And you can see the exchange rates for the next 5 hours in the future? Please if you can then share the info!
Sure, about the same as they have been. Do you have some reason to believe that they'll go up?
Something tells me that 150 to 200 GH/s at difficulty 4096 is not going to be party over.
Mining for it will no longer be any more profitable than BTC mining.
And you can see the exchange rates for the next 5 hours in the future? Please if you can then share the info!
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