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Topic: IxCoin is a SCAM - page 2. (Read 18499 times)

legendary
Activity: 2492
Merit: 1473
LEALANA Bitcoin Grim Reaper
August 16, 2011, 06:50:08 AM
#99
Nasakioto: Are you excited about the launch of I0coin?


Of course he is. He got to mine ZERO coins prior to public launch just like the rest of us. Even playing field so Im sure he is stoked about that. Grin Grin
hero member
Activity: 756
Merit: 500
August 15, 2011, 11:17:28 PM
#98
Nasakioto: Are you excited about the launch of I0coin?
full member
Activity: 172
Merit: 283
Thomas Nasakioto
August 15, 2011, 07:04:33 PM
#97
A fix was committed to address the concerns about the hard limit at 21M ixcoin. Thanks Genjix.

https://github.com/ixcoin/ixcoin/commit/7110ddf25667f059ebcee159963b6703fff53e13

If you have any comments/suggestions/reservations concerning this, please respond or post on http://ixcoin.org/forum.
legendary
Activity: 1554
Merit: 1222
brb keeping up with the Kardashians
August 14, 2011, 03:50:17 AM
#96
If there's one project on here I really can't see the point of it's devcoin, sounds like it's run by greedy control freaks who take themselves too seriously. If there is such tight control of where the coins go, why should they have value to anyone else? As for Ixcoin, I don't believe it's a scam so much as a token for speculative gambling, one of the major uses of bitcoins today and arguably the foundation of bitcoin valuations. Prices can go anywhere for no definite reason because they are supported almost exclusively by investor confidence. In practice the same seems to have been pretty much true of namecoin too but it never really seemed to piss anyone off in spite of some big time price rallies, go figure. Maybe it's just that 'Nasakioto' seems like a joke persona.

They're all scams.  Devcoin is probably the scamiest of them all since it seems they've waited and let others get their feet wet first and take most of the risk. So by the time Devcoin hits the scene, the path to prosperity is more or less formulaic. 
full member
Activity: 154
Merit: 100
August 14, 2011, 01:19:34 AM
#95
If there's one project on here I really can't see the point of it's devcoin, sounds like it's run by greedy control freaks who take themselves too seriously. If there is such tight control of where the coins go, why should they have value to anyone else? As for Ixcoin, I don't believe it's a scam so much as a token for speculative gambling, one of the major uses of bitcoins today and arguably the foundation of bitcoin valuations. Prices can go anywhere for no definite reason because they are supported almost exclusively by investor confidence. In practice the same seems to have been pretty much true of namecoin too but it never really seemed to piss anyone off in spite of some big time price rallies, go figure. Maybe it's just that 'Nasakioto' seems like a joke persona.
legendary
Activity: 1918
Merit: 1570
Bitcoin: An Idea Worth Spending
August 13, 2011, 11:18:57 PM
#94
Yeah I was really looking for a new block chain project to get involved in and I didn't find out about this project until it was yesterdays news. I then jumped in and lost money. Just before this happened though I got into devcoin after trying out groupcoin and won some "bounties" almost instantly and before I knew it I was recruited to be a purser without really knowing what it meant. I then tried to build up  a devcoin community hoping it would be such a really awesome and exciting project. I setup forums to it and tried to suggest changes that would help everyone make a profit from it. All I did was end up pissing off the developers. I was so emotional from the fallout of that and feeling sorry for myself I missed out on ixcoin at the crucial time. FML

If I had of done things differently I could be out of debt now. Instead I wonder what to do next and hopefully won't screw up next time. If people do want to start a new blockchain though please PM me so I have a bit of a chance.

This is the first post I made in the devcoin thread.

https://bitcointalksearch.org/topic/m.422960

Here are the forums I ended up making http://www.devcointalk.org

Here is the other thread where my efforts just ending up "pissing off the developers"

https://bitcointalksearch.org/topic/m.439754

As you can see my life is a comedy of errors.

This guy can't be real! I haven't found any videos of him signing songs he wrote in S. Korea.
hero member
Activity: 812
Merit: 1001
-
August 13, 2011, 04:51:44 PM
#93
I wonder if Vladimir put his billion trillion gazzilion hashes into the ixcoin network yet. If he got into it early like BitcoinExpress he would be a ixcoin billionaire so freaking easily - he'd then have to change his profile tag line Smiley lol

lol, nahh I am on vacation. The goal is to do as little as possible at least until September.

Anyway let's keep an open mind. At bitcoin.org.uk we support all cryptocurrencies and "block chain; proof of work" related technologies. I even set up separate section for alternative crypto currencies and forums specifically for namecoin and ixcoin at https://bitcoin.org.uk/namecoin and https://bitcoin.org.uk/ixcoin correspondingly.

I will support any such technology (even if I am not a big fun myself). If people behind namecoin and ixcoin desire moderatorial privileges there it can be arranged too.
legendary
Activity: 2492
Merit: 1473
LEALANA Bitcoin Grim Reaper
August 13, 2011, 04:31:25 PM
#92
I do not know what all the fuss is about. We have encouraged everyone to fork bitcoin, so finally someone done it. Great! Some miners have decided to waste some gigahashes on it. This is even better! More bitcoin left for me to mine.

People do need a demonstration of the network effect and bitcoin's first mover advantage. Let's see... pass the popcorn.


I don't see how it is wasting hashes for people like me.

I have sold over 250BTC worth of IXC at the Bitparking exchange. All generated in the past four days.

Right now IXC is in a rally and it is still 2 times more profitable to mine IXC than BTC.

I am in this for pure short term profit and nothing else.

I could care less about the "future" of BTC, NMC or IXC  (there is none)


So it all really depends on your perspective if it is wasting hashes.

Short term profiteer - Not a waste

Long Term BTC Kool Aid Drinker - Possible waste



I've also sold about the same BTC worth of Ixcoins but the difference is that I only had 4 GH/s to mine at difficulty 16 and 64 etc. You may have sold a bit early lad.

But oh well!


Still have a very healthy reserve  Grin


He he he good job man! I hope more of these forks come out so I can rape the difficulty. =)
legendary
Activity: 2492
Merit: 1473
LEALANA Bitcoin Grim Reaper
August 13, 2011, 04:22:51 PM
#91
I wonder if Vladimir put his billion trillion gazzilion hashes into the ixcoin network yet. If he got into it early like BitcoinExpress he would be a ixcoin billionaire so freaking easily - he'd then have to change his profile tag line Smiley lol

Wait until they reach 0.50 btc then sell...profit!

Naw he probably didnt get in early enough.

When difficulty was 16 there was maybe 40 GH/s on it until it turned to 256 difficulty or so.
legendary
Activity: 3080
Merit: 1080
August 13, 2011, 04:18:24 PM
#90
I wonder if Vladimir put his billion trillion gazzilion hashes into the ixcoin network yet. If he got into it early like BitcoinExpress he would be a ixcoin billionaire so freaking easily - he'd then have to change his profile tag line Smiley lol

Wait until they reach 0.50 btc then sell...profit!
legendary
Activity: 2492
Merit: 1473
LEALANA Bitcoin Grim Reaper
August 13, 2011, 04:10:47 PM
#89
I do not know what all the fuss is about. We have encouraged everyone to fork bitcoin, so finally someone done it. Great! Some miners have decided to waste some gigahashes on it. This is even better! More bitcoin left for me to mine.

People do need a demonstration of the network effect and bitcoin's first mover advantage. Let's see... pass the popcorn.


I don't see how it is wasting hashes for people like me.

I have sold over 250BTC worth of IXC at the Bitparking exchange. All generated in the past four days.

Right now IXC is in a rally and it is still 2 times more profitable to mine IXC than BTC.

I am in this for pure short term profit and nothing else.

I could care less about the "future" of BTC, NMC or IXC  (there is none)


So it all really depends on your perspective if it is wasting hashes.

Short term profiteer - Not a waste

Long Term BTC Kool Aid Drinker - Possible waste



I've also sold about the same BTC worth of Ixcoins but the difference is that I only had 4 GH/s to mine at difficulty 16 and 64 etc. You may have sold a bit early lad.

But oh well!
legendary
Activity: 2492
Merit: 1473
LEALANA Bitcoin Grim Reaper
August 13, 2011, 03:50:27 PM
#88
legendary
Activity: 3080
Merit: 1080
August 13, 2011, 03:47:17 PM
#87
Honestly if I had to say one negative thing about bitcoin, it would be that its community has an unusually high concentration of conspiratorial, selfish, greedy, rude, arrogant, and disrespectful fucks.

Hate to say it but that has surprised me as well... lot of good people but more than expected number of people with their heads up their own arses... maybe it's the money/greed aspect that brings them out of the woodwork....?.....

Honestly I'm not sure what it is, but it is what it is. If I had to guess I'd say that many of these people are huge pricks because they know that they won't incur any consequences. In other forums people who are pricks are usually warned or threatened with some sort of punishment if they spew vitriol towards other members, but that is not the case here. I get the impression that the moderators/admins share a "let anything go" attitude and I'm sure that I guess in a odd way ties in with the anarchistic nature of bitcoin in some way. In a sense this lack of moderation perhaps makes it seem as if this forum has a higher concentration of these types of people.

Anyways, how about we get back to the subject at hand and move on....
hero member
Activity: 812
Merit: 1001
-
August 13, 2011, 03:35:38 PM
#86
I do not know what all the fuss is about. We have encouraged everyone to fork bitcoin, so finally someone done it. Great! Some miners have decided to waste some gigahashes on it. This is even better! More bitcoin left for me to mine.

People do need a demonstration of the network effect and bitcoin's first mover advantage. Let's see... pass the popcorn.
legendary
Activity: 3080
Merit: 1080
August 13, 2011, 03:11:39 PM
#85
legendary
Activity: 2492
Merit: 1473
LEALANA Bitcoin Grim Reaper
August 13, 2011, 03:01:05 PM
#84
full member
Activity: 168
Merit: 100
August 13, 2011, 02:56:44 PM
#83
All I was saying is that sooner or later people will buy ixcoins with REAL money instead of bitcoins and some will lose just like as with bitcoins. But I guess you were too dumb to read between the lines and discern what I was saying.

The money is not lost, just someone else has it. The same argument applies also to BTC.
legendary
Activity: 3080
Merit: 1080
August 13, 2011, 02:54:09 PM
#82
legendary
Activity: 2492
Merit: 1473
LEALANA Bitcoin Grim Reaper
August 13, 2011, 02:36:23 PM
#81
Ixcoin is almost a big a scam as Bitcoin.  At least people don't actually lose real money with Ixcoin.  It's just a matter of time before the governments of the world crack down on these sham "currencies".

Don't you worry, people will lose "real" money with ixcoins too..soon. Just you wait now.

That would make you feel better yeah given that you were too dumb to secure your bitcoin wallet and lost a bunch of bitcoins yourself yeah?

 Roll Eyes Roll Eyes Roll Eyes Roll Eyes Roll Eyes Roll Eyes Roll Eyes Roll Eyes Roll Eyes Roll Eyes Roll Eyes Roll Eyes Roll Eyes Roll Eyes Roll Eyes Roll Eyes Roll Eyes Roll Eyes Roll Eyes Roll Eyes Roll Eyes Roll Eyes Roll Eyes Roll Eyes Roll Eyes Roll Eyes Roll Eyes Roll Eyes Roll Eyes Roll Eyes Roll Eyes Roll Eyes Roll Eyes Roll Eyes Roll Eyes Roll Eyes Roll Eyes Roll Eyes Roll Eyes Roll Eyes Roll Eyes Roll Eyes Roll EyesRoll Eyes Roll Eyes Roll Eyes Roll Eyes Roll Eyes Roll Eyes Roll Eyes Roll Eyes Roll Eyes Roll Eyes Roll EyesRoll Eyes Roll Eyes Roll Eyes Roll Eyes Roll Eyes Roll Eyes Roll Eyes Roll Eyes Roll Eyes Roll Eyes Roll EyesRoll Eyes Roll Eyes Roll Eyes Roll Eyes Roll Eyes Roll Eyes Roll Eyes Roll Eyes Roll Eyes Roll Eyes Roll EyesRoll Eyes Roll Eyes Roll Eyes Roll Eyes Roll Eyes Roll Eyes Roll Eyes Roll Eyes Roll Eyes Roll Eyes Roll EyesRoll Eyes Roll Eyes Roll Eyes Roll Eyes Roll Eyes Roll Eyes Roll Eyes Roll Eyes Roll Eyes Roll Eyes Roll EyesRoll Eyes Roll Eyes Roll Eyes Roll Eyes Roll Eyes Roll Eyes Roll Eyes Roll Eyes Roll Eyes Roll Eyes Roll EyesRoll Eyes Roll Eyes Roll Eyes Roll Eyes Roll Eyes Roll Eyes Roll Eyes Roll Eyes Roll Eyes Roll Eyes Roll EyesRoll Eyes Roll Eyes Roll Eyes Roll Eyes Roll Eyes Roll Eyes Roll Eyes Roll Eyes Roll Eyes Roll Eyes Roll EyesRoll Eyes Roll Eyes Roll Eyes Roll Eyes Roll Eyes Roll Eyes Roll Eyes Roll Eyes Roll Eyes Roll Eyes Roll EyesRoll Eyes Roll Eyes Roll Eyes Roll Eyes Roll Eyes Roll Eyes Roll Eyes Roll Eyes Roll Eyes Roll Eyes Roll EyesRoll Eyes Roll Eyes Roll Eyes Roll Eyes Roll Eyes Roll Eyes Roll Eyes Roll Eyes Roll Eyes Roll Eyes Roll Eyes
legendary
Activity: 3080
Merit: 1080
August 13, 2011, 02:26:39 PM
#80
Ixcoin is almost a big a scam as Bitcoin.  At least people don't actually lose real money with Ixcoin.  It's just a matter of time before the governments of the world crack down on these sham "currencies".

Don't you worry, people will lose "real" money with ixcoins too..soon. Just you wait now.
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