Topic: Ixcoin TODO - page 37. (Read 631753 times)

Burning it is crazy, given we can actually get our hands on it at all we should spend it on bounties as was intended.

All these things you or who-ever it was) have been asking for donations for are what the pre-mine should be spent on.

If we cannot get hold of the pre-mine to spend as intended we are surely not going to be handed it to burn?

We need the person who controls its private keys in order to do anything with it at all, unless we make a new core code that re-allocates it or invalidates it or somesuch.

Do we even know how much of it has gone to bounties and such already?

Personally I am not even convinced that being on lots of exchanges is a good thing, as the more exchanges it is on the more chance there is that one of them will screw around such as by threatening to drop it, creating bad press; the more exchanges there are the more of the other coin in the trading pair we need to tie up sitting on exchanges on the buy-side of the order-books. How many bitcoins are you willing to tie up sitting on exchanges in the form of buy offers providing depth and liquidity to IXCoin? I am finding it much easier to provide good buy-sides for coins when they are only on one exchange, having IXCoin be on CEX as well as on Cryptsy is why we had the huge price-implosion lately, CEX decided to screw around trying to convince people the coin was dying and so on, all of which could have been avoided by not being on their exchange in the first place, though maybe being on their pool had not been such a bad thing.

-MarkM-

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-

At cryptopia and Poloniex I've got this sentence when submitting IXC to trade:
IXcoin(ixc)    Premine too high
What exactly the meaning of ?

Thank's for your explanation.
I Trade for months in CEX.io IXC, sometimes sleeping others with big curves, but always with some movement. IXC is now a mature coin, I guess, trading is the solution for now, otherwise what to do, if there is no structure to use? Keep on a pen and pray for somehere in future something happens? BTC is BTC and look how hard is for people start using.  To use IXC for remittance it's need some kind of parity value.
I ask in Poloniex to get IXC in market, and I've received a note explaining IXC is a premine coin, that's why they don't accept.
Sorry for my english, some errors can come  :/

Regards
Mário

I must confess the shop is not even good, it is just what I was looking for. Thanks:D

getting ix back on btce would be the zinger

Bingo!  Haven't been able to withdraw anything for months.

An updated client makes the most sense. And I am still a little pissed that Ahmed never got the support needed to properly test his update, as that bounty should have already gone his way.

Hi,
Can someone explain why IXC is out of all markets?
Why we make efforts to apply IXC to some traders?

Ixcoin is getting pumped up to 14k satoshi in Cryptsy but nobody is happy. It dropped to less than 1k satoshi in CEX.IO before the IXC/BTC pair was closed.

No Active Markets. Try here:

https://bitcointalk.org/index.php?board=161.0

Hi,
Can someone please inform where to trade IXcoin?
I don't find any place to trade beyond Cryptsy, and cryptsy are with problems  :/

You wanna say all your coins are on cryptsy? Or what do you mean with complete loss?

They suspended all withdrawals and the actual trade engine itself too for a while in an attempt to figure out where all the lag they were experiencing was coming from, but that didn't last long.

Once the trade engine started up again I started withdrawing AXIOM again, again with no problems nor delays. Have not tried IXCoin withdrawals as I still have only level 2 clearance so limited total monthly withdrawal dollar-value, which I could easily exceed trying to with IXCoin or BiTCoin.

-MarkM-

Deadsea33, you're like totally turning me on lately.  I know it's been a REALLY loooong time for me so maybe that's why, but still, you're really hot right now.  haha!

Keep it up, brother! 

MarkM,

Cryptsy just suspended all withdrawals, indefinitely.

I hope you got all your IXC out.

This is a total and complete loss for me.  3 years of hard work gone.

I'm gonna make someone pay for this.

2 BTC (To cover the IXC Coinomi integration and the Electrum Server, will also include the old electrum client with it too)
and then 0.24 every month (to cover the 2 servers needed to hosting costs for both electrum servers) * a year?

Ahmed

im willing to do the coinomi integration in return for BTC

Ahmed

I can't believe you just called me mighty. 


[shivers]  lol

An Xcoin.  The Borg [the Gog & Magog] of coins.  Strangely, I've had that on my mind since the beginning.