At cryptopia and Poloniex I've got this sentence when submitting IXC to trade:
IXcoin(ixc) Premine too high
What exactly the meaning of ?
IXCoin had a pre-mine that was supposed to be used for bounties and such to get things done for the coin.
Apparently some of it was spent on that but apparently there is also some remaining.
Because of the pre-mine. a coin called I0Coin (with a zero not an O) was created with zero pre-mine, and maybe Cryptopia is aware of that because they do list I0Coin.
Poloniex though still has not listed I0Coin, so maybe that is the coin you should be asking them to list, explain that its reason for creation was precisely because IXCoin had a pre-mine.
Both are merged mined coins so miners mining at the right pools were able to acquire both coins, and other foks were free for all these years to choose whether the pre-mine boths them and if it does to choose I0Coin instead of IXCoin.
The dropping of IXCoin price at CEX to 1000 satoshis or lower was in the last moments before they de-listed it, anyone who could not be bothered to move their IXCoins elsehwere to get better prices for them dumped them at insanely low prices, to people who then moved them over to Cryptsy and dumped them there driving the price down at Cryptsy.
Both coins would probably be doing a lot better if Open Transactions had not decided to change their data formats to be incompatible with the existing formats they had used all along, and heopfully will do better again once Open Transactions reaches a final format that will not keep changing, so that we can migrate all existing balances contracts and so on to a new format that will be stable. Of course having "Open Transactions for grandmothers" easy to use Open Transactions clients will also be important.
IXCoin used to be 16 to 18 thousand satishis, 14,000 is still not a full recovery to historic prices. But it has been hit with so much FUD that for a while recently it was even cheaper than I0Coin.
Basically for both coins we are finally starting to come back out of a long extended period of excellent buying opportunity, where for I guess maybe about a couple of years or more one could pick them both up at crazy-low prices. Expect people dumping coins they got at crazy-low prices to suppress the price still for a while maybe but there is NO INFLATION in IXCoin and almost none in I0Coin so both are excellently positioned so still a good buy even when their prices do get back to normal.
-MarkM-