Topic: Ixcoin TODO - page 164. (Read 631750 times)

How exactly do you ban someone (anyone) from using a decentralized currency?  I mean does that even make sense in your mind?  Please state specifically what would be done to prevent someone from accepting the currency.

I disagree.... ban Vircurex!

I don't know if it's keeping the price down, per sé.  The problem with Vircurex is that the volume has dried up to nearly ZERO since they froze people's assets.

That low volume means the little iXcoin they do have for sale gets stale and is slow to move.  This can be on the up-side or the downside, as well.

So I don't think much would happen if we forced Vircurex to ban iXcoin.

What would be accomplished, however, is the iXcoin Foundation building a hostile, negative reputation in the industry, towards exchanges.  Unless there's outright scams occurring on an exchange, I would be reluctant to demand they stop trading iXcoin.

And let's keep in mind, Vircurex saved iXcoin last year.  Nobody wanted to trade iXcoin and Vircurex was about to drop it as well, but they eventually listened to a few of their customers and kept iXcoin on their exchange.

This was a really big deal for iXcoin at the time; now we wanna repay this same exchange by telling them we don't want to be associated with them even though they have not wronged iXcoin and been a pretty solid and respectable exchange longer than any other exchange out there.

Their recent problem stems from last year [which depositors knew about] and the fact they didn't walk off with everyone's money but instead is slowly trying to repay everyone says a lot in an industry where many exchanges have folded and walked off with everyone's money at the first sign of trouble.

I say we give Vircurex a chance.  The low volume problem will fix itself as they become more liquid or they won't be able to recover from their losses and they'll go out of business on their own.  

Everyone in this industry knows the risks associated with putting your money in Vircurex so I don't think iXcoin will look bad if people lose their money in Vircurex, any more than they would losing it in any other second rate exchange.


Edit:  And if Vircurex is in China we really need that exposure to the Chinese Market. 

WHAT???

Man, I used to trade on Vircurex and I always thought they were in Poland.  That's very interesting.  Cause no Chinese exchange makes it that long in China without some political influence. 

I would be even more worried now to leave any coins on Vircurex.

More specifically, one that trades CNY.

How do we get it banned?

The IXC foundation should declare Vircurex and their owners... persona non-grata!

It would be great if we got on a chinese exchange... bter, btc38.   We really need alternative volume for this coin.   Right now, the only trading really is at Cryptsy.

Wow, AllCrypt is Stateside AND FinCen registered?

That should be a good one.

Another one... allcrypt  https://www.allcrypt.com/market?id=531

These folks are in Baltimore, MD and FinCen registered.

Well, it turns out that the OP_RETURN with metadata is not enabled on our 0.8.6 client and will work only on a 0.9.0 client.    I will check if the multi-sig version is available for 0.8.6 and see if we can go with that.

Anyway,  CEX.IO involvement is critical to get the features we want into IXC.   Without them, we are essentially unnable to make an upgrade.

I can ask.

CEX.io has their own internal plans and timeline and there's only so much they can reveal, for competitive reasons.  I will do my best to get as much information as I can, but that could take some time since we have to wait until CEX.io is prepared to execute on their business strategies.

That said, it should not take very long, terminal mining is in a few short months so I expect a lot to happen well before that.

I will keep everyone posted as I get more information.

Regards,

[the Cryptian from Cryptlantis] ; )

Can you get an ETA from him as to when he can start using the latest IXCoin code?

I just talked to Jeffery from CEX.io and when he's got a chance I expect him to post something here, as confirmation.  He's a very busy guy and so we have to be patient.

I'm not sure I get your point.

Can you tell me what's anonymous about Bitcoin? 

Besides the fairy tales and the "expert" lies, I mean.

Nice....  First time I've seen this block explorer.

Same here.

My feeling regarding Cryptsy is that they're trying to maximize profits. Why let other exchanges monopolize profits off massive trades in CrapCoins when you can add those coins as well and let people decide. 

As stated from the very begining, I am trying to raise 25K IXC to port CounterParty over to IXC.   On further discussion,  the port will not include a special meta-coin as found in the original CounterParty release.

The purpose is that this is an incremental step towards the original goal of support native user defined currencies.  

I will be plain and simple honest,  I am here for the money.   What other reason should there be?

Do I believe in IXC?  I only like IXC because of the security that it already has.  I don't think there is any underlying mysterious and profound meaning behing IXC.  It is just a coin like every other alt-coin, however it has ridiculous amount of hashing power backing it.

I don't have a lot of IXC.  All the IXC coins I have are mostly from donations.   In short,  the more donations, the more I am committed to make IXC survive.

However,  be reminded that I'm responsible for the following:

(1) Upgrading the 3 year old IXC client to 0.8.6 of Bitcoin.   The original bounties have been paid in full.  
(2) Creating the www.ixcoin.co website.  The original website disappeared for a while.
(3) Comissioning the new IXC logo.

In short,  I get stuff done.

I think most people should be thrilled that IXC is trading where it is trading:  #27  Ixcoin  $ 1,205,176

Amin, brother, err, sister.

Thanks for your input.  ; )