just be careful on vircurexAt one time they were probably my favorite exchange, I used to love when you could pair the different coins with one another.
After the trouble 'Tom' had minus a little btc well what can I say I lost a lot of respect there.....
Still I noticed activity on a few things on vircurex is pickiing up. Ix is holding up some volume probably equal to cryptsy more or less
I also noticed that in the past few weeks someone is really pumping i0 coin since it was trading a month ago for about one eighth of ix price and is now around one half of ix prices.....
i0 coin is weird in that i 'heard' not experienced it first hand for many years a lot of ppl could not get it to work or get connections but it continued to be mined on old p2pool nodes. Legend has it that there is more 'lost' i0 coin than any other.
Ironic as it is with it's shorter block times i0 coin running level db (which the last version I have is running on btc 8.x code base) actually scale up to almost 5x that of iX coin and 5x of bitcoin in terms of speed of payment and how fat and round you want to bloat a blockchain. Of course your trade off is lower difficulty and shorter block times are a little risky (Based on my research which I know not everyone agrees with)
Anyway the old word was lots of i0 as it was mined was just immediatly dumped at vircurex in the old days since it was considered the worst of the merged coins at the time. I think that iX is holding well in an environment where a few alt coins a day take a powder (mostly from their own doing) and even bitcoin is on sale for the time being. I bet the owners or major traders on Vircurex hold a ton of i0 coin , probably millions, no where to really trace any unless someone can point me to a working abe block crawler (yes I can build my own but I am not that curios about it. )
I always said I would be concerned about bitcoin if the dificulty were to drop several times in a row and many fewer were mining.
I think it pretty funny that it drops just less than one percent the last two adjustment periods. It feels almost as if someone has their hand on the throttle and is lowering/raising it when they want.
Also since in America and some other countries, owning, mining or using bitcoin in business is now something you MAY havre to figure in to your taxes if the fiscal year ends at the end of the calendar year I would expect the price of bitcoin to really tank hard since all the people who don't want to pay taxes on what they could owe will instead show a capital loss and be able to deduct it from other areas of the business return they file. After the first of the year bitcoin may face less pressure to rise in cost from this factor alone.
Getting back on point with the to do lis:
1)
Is anyone currently running an ix node ? If so can you please post it and what version you are using.2) Does anyone agree wtih me it is a little wild to keep 4 million iX coins in just 8 addresses ?? (if a key is compromised and this can happen in many many ways by splitting them up in batches of 1000 coins or so you greatly reduce your risk whether you are just storing the coins or whatever.
Honestly I think it is a little crazy to keep that many coins in a few addresses. Still even if you say "bull Cinnamon the coins are safe", would it be cexio holding those coins ? I think it likely. It is 20% of all the iX in the world. I wonder what will happen next. (hopefully most of you know how to read a block crawler , check out the links to those huge amounts of coin each held by one address)
3) iX coin test net - Vlad and I discussed this , since no one has any thoughts on it and most probably believe it to be unnecessary I may just run it myself. I think if iX is going to try to make a run at world class status everything that is 'known' to work with bitcoin , for example storing notes and photos in the block chain can easily be done with iX. Other things the testnet would be good for is , we hope the multisignature functions of the new
update will work as expected but even when the bitcoin developers tested them there were more than a few unpredictable things that came up.
4)
Heavy ixcoin trading on vircurex the last couple of weeks. It's been the most active exchange for ixcoin lately.
Lol. Sorry mate, but just a single buy at CEX.io on 14-12-2014 is higher than the last MONTH vircurex activity.