Topic: Ixcoin TODO - page 198. (Read 631736 times)

Here we go boys and girls. Hold tight.

It's actually very positive that ixcoin is still around 30th on coinmarketcap.com even though there are more coins every week.  So it is maintaining its place in the top 15% of the coins.  Not too shabby.

We can be the first coin with a secret hand sign.  West coast style.



Moreover, these fingers were held in such a way that they represented the Greek abbreviation I X C (Iesus Christus Soter, Jesus Christ Savior): the straight forefinger representing the I; the middle finger crossed with the thumb, the X; and the bent middle finger, the C. The ring finger and "pinky" finger were bent downward against the palm, and symbolize the unity of the human nature and divine nature, and the human will and divine will in the person of Christ. This practice was universal for the whole Church until about the twelfth century, but continues to be the practice for the Eastern Rites of the Catholic Church and the Orthodox Churches.


Very interesting how iX means Jesus Christ and event the symbol, IXC means something as well:  Jesus Christ Savior.

I'm sure all this is mere coincidence but still very interesting nonetheless.

Now how about that coin-gang sign, who knows how to do it properly?  I wanna flash some Bitcoiners.  lol.

I know, I've been trying to change the pic for 5 months.  These BCT idiots won't allow me.


Yes, it was made clear a few months back that IXC, in old Greek, means Jesus Christ. 

Very interesting indeed.  Now I'm trying to figure out if all these hidden meanings I found are a mere accident or something planned; perhaps by the all-powerful Jesuits.

Someone picked up mad iXcoins today.  One block was for 9,500.  Starting to piss me off, I hate watching this manipulation and not be able to partake in the big giveaway.  Miners are stupid to sell at this level but congrats to whoever is gaming iXcoin right now:  Smart move!

Now, can we get the show on the road already?

Depends when you look.  I've seen it first a few times but usually Namecoin has it beat but I'm not worried about Namecoin since it's such a purpose specific coin, it would be difficult to sell it and adapt it for multi purpose use and mass adoption.  

And Devcoin is too dilutive for the masses to adopt since that's the biggest problem with the dollar which leaves only iXcoin.

Winner by default and ultra secure to boot!

Yeah, it was started here a while back, I think it was friction who started that giveaway.  I hope he's keeping track of it cause it's building up.

On second thought, he may have started that giveaway on the iXcoin.co site.  It's been a few months so I'm not positive but I'm pretty sure it was friction.

Hi,

I'm not behind that giveway. Is that something mentioned in the forum?

Regards, Luke.

iXcoin actually number two in hash rate!!!

Friction, Luke,

Not sure which one of you started the 100 iXcoins per new wallet giveaway as long as people posted their current job titles but I just noticed we're getting close to 200 new wallets on the iXcoin.eu site which is 20,000 iXcoins.

You guys might wanna end that giveaway given we can't even seem to get Thomas to pay for the current bounties.

And given anybody can post via the guest option it wouldn't be very difficult for someone to grab a lot of free iXcoins. 

Perhaps you should have made a new account as VladZVlad or something.



Luke the website http://www.ixcoin.eu/ looks great.  Are those donation addresses at the bottom of the title page correct and ready to receive?

Yeah, theymos only makes millions per month.  Not enough money to allow me to get my 4 yr old off my Avatar so pervs stop commenting. 

This Bitcointalk monopoly needs to be broken up soon.

By the way Vlad, you cannot change your profile pic/avatar due to the hack attack on bitcointalk last year. Avatars were somehow used as an attack vector. No clue why they haven't fixed this in months.

I haven't watched DGC but from what I remember when I accumulated about 100,000 coins was that it had very good volume.  It wasn't thinly traded like IXC, even though it only had a little more than half the coins outstanding as IXC, although DGC mines a lot more coins daily and large multi-pools dump in large blocks at market.

The way you drop the price in a thinly traded coin, which I've never done - cause you're shaking people out thus stealing their coins, is to slowly accumulate a good chunk, something considerably higher than the daily volume, hence the need for a thinly traded coin.

Once you have these coins, which took you maybe 1 week to buy, you dump them all at once at the market price, tanking the price.  You will lose some money on the trade but the coins you pick up over the next few hours [and days] makes up for it, and then some.

This is a particularly useful strategy with hard to find coins as it shakes out the coins from people whom are not in the coin for the long haul, are on the fence or have no convictions.  

This has been happening in iXcoin for at least 10 months and it would be hard to make it happen with DGC as DGC is not thinly traded.  Also, DGC has huge multi pools which regularly dump large blocks at market; this is nothing new, except now given the new buyers have dropped off, the inverse relationship to Bitcoin, which was always there, is starting to be obvious again for DGC and all alts.

I talked about iXcoin's positive correlation a lot last year and now that 99% of the coins are tanking people can once again see this fact once again.

Same thing is happening to DGC right now [again]. The question actually is where do these people take all the coins from to dump on the market? My guess in general goes toward general fluctuations of alts as they are highly unstable assets that might be much more affected by general Bitcoin sentiment (trust has been hit almost as hard as it did in 2011 with the Gox fiasco I think) and what we see are people panic selling alts as they are slowly but certainly selling off Bitcoins. It doesn't help that there are hundreds of coins now either, and that some are hugely successful with non-technical crowds (of hundreds of thousands of people) reached via social media. My hope is that Bitcoin won't stay low forever, greed will always win over fear midterm, and this time of increased innovation or just spawning of new coins will be followed by a time of people willing to take less and less risks or experiments. They will go with what works and has been around and stable for a long time. Look at the development of modernism / modernist literature / modernity discourse. Very interesting overview on how things have worked before in times of innovation and chaos. Avantgarde, Experiment, Anti-Avantgarde, Reconstruction, Anti-Modernism, Institutional Modernism, Postmodernism. In short: HOLD YOUR COINS and try to buy more if you can. Otherwise, go fishing and stop obsessing over lost fortunes for the moment. Everything here is virtual, most of all, the value of money.

iXcoin just got cut in half [again] today on a 15,000 coin dump.  About 10 days ago the same thing happened on a 20,000 coin dump.

This is not normal, as no miner wants to drive the price that low so quickly.  And there's plenty of buyers ensuring the daily 13,000 mined coins will get bought up at market prices, and then some.

This is straight manipulation to keep the price low and to buy more coins at cheap prices.  That's all fine and good but this has been happening for nearly a year now.  Enough is enough - how many coins do these people want?

Cause I noted last year, as I was accumulating, and later tried to raise the price, that I witnessed the same odd behavior.  I was told it was miners who think iXcoin is crap, but if that's the case then where are all the coins, all 18 million of them?

So I'm still convinced we have 1 or more major players here trying to buy up as many iXcoins as possible before some pre-planned major event.

I just wish they'd hurry up before I get angry and get a hold of a few dozen Bitcoins and start buying like crazy again.  Cause I'm really tired of seeing these games!

Regarding the comment that iXcoin is held by just a few big players:  That's nearly impossible.

And I argue that iXcoin is most likely much better and evenly distributed than Bitcoin or Litecoin or even dogecoin.

The reason is that nobody was buying it to accumulate due to the fact everyone thought it was either dead or dying.

Also, merge mining started over 2 years ago so it became difficult to mine any large amounts of iXcoin.

So unless you foresaw some improbable future event and bought up a lot of iXcoin then there is simply few people who hold a substantial amount of iXcoin.

This is yet one more big plus for iXcoin since Bitcoin is very centralized in the fact that a handful of guys hold roughly 25% of all the Bitcoins out there.  And a mere 200 or so people hold nearly half of all outstanding Bitcoins.

There's nothing decentralized nor fair about that distribution curve:  Just more fiat 2.0.

From today's Goldman Report:


But the very success of Bitcoin could cause more established players to simply co-opt all the advantages Bitcoin has. Leal writes:

"Just as a flurry of new entrants – such as Square, Groupon, and PayPal - encouraged payment networks and payment processors to develop a mobile payments strategy, we expect traditional payment players to develop digital currency strategies."



Read more: http://www.businessinsider.com/goldman-completely-debunks-all-the-arguments-for-bitcoin-2014-3#ixzz2vnQ87ude


I argue that Western Union et al will not sit around and lose a multi-billion dollar business without a proper fight.  Google and Amazon have proved that launching your own coin is a dud and a waste of time and money.

Is it a far fetched idea for someone like Western Union to embrace a coin identical to Bitcoin, but with a better image, more coin liquidity and also ultra secure, in an attempt to fight off being made obsolete by Bitcoin?

If you were a monopoly like WU, and had billions of dollars, how much would you spend to stay relevant?

Even if I'm wrong about hedge funds and banks coming into this space, in a BIG WAY [and I doubt I'm wrong] and noticing iXcoin, there's an even greater chance that we will soon see the likes of Western Union make a move on coins like iXcoin, because unlike most alts, iXcoin is secure and time tested.

And the fact Bitcoin just surpassed Western Union in daily transactions and Bitcoin just hired 2 big guns to lobby congress and to go global, I seriously doubt Western Union and everyone else will waste more than a few more months contemplating the idea, and in fact, I think they already set everything in motion months ago.

You should consider that the majority of the time,  IXC has been merged mined.   So the coin dispersed quite widely among Bitcoin miners.   

If you look at the orderbook for IXC,  you can't find a lot of big sell orders.  That is because there are simply not many big holders left after 3 years in existence.  Supply is actually quite low.

The problem however is on the demand side,  what will create demand for IXC?

Both http://www.ixcoin.co/ and http://www.ixcoin.eu/ look pretty good.

Seems you guys invested a lot of time in rebranding (logo, site) and rebasing (0.8.6.0). Who knows.. maybe IXC will still go places? I'm cautiously optimistic.

I bought a couple of K just in case. Only thing I'm worried about is having all IXC in circulation before fees are ready to take over. If merge mining by the Bitcoin miners stops, IXC hashrate (and network security) will crash. Are there any safeguards in place to prevent this from happening?

Also the fact that most of the monetary base is brought into circulation in just a few years while it has not been widely adopted will cause an huge imbalance in ownership, which can not be healthy for the IXC ecosystem.