Topic: New Ixcoin fork -> I0coin (Read 217119 times)

Congratulations on having way back then intuited the utility of several of the Galactic Milieu currencies including UKB, CDN, MBC, GMC, GRC NKL and UNS (the "big seven" Galactic currencies).

I get the impression though that you were not at that time aware of their existence?

Or maybe you just were not aware that they exhibit the characteristics you were arguing in favour of?

You even might have helped in the above quote to lead me to trying to convince them to give up their old blockchain based clients (clones of bitcoin which for each of their currencies implemented their currency instead of testnet, so they could use the same executables for bitcoin or for their own currency just as normally with bitcoin clients one could use them for bitcoin or for bitcoin's testnet) in favour of using tokens: see the later in this same thread https://bitcointalksearch.org/topic/m.638370

In the intervening years the idea I had then (distribute someday a blockchain currency by giving it out to the holders of the token) has not yet been needed in the Milieu but we nowadays see it happening a lot with projects first using a token then later launching a blockchain.

Seminal thoughts indeed it seems, re-reading these old threads has been very worthwhile.

-MarkM-

Nowadays tracing bitcoin addresses and stolen bitcoins is a whole industry, did that industry ever or yet illuminate what happened to the below-referenced missing bitcoins?:


-MarkM-

I0coin 0.11.9

For those who haven't heard yet, there is a new I0coin client - version 0.11.9.  Download source or executables at izerocoin.org.  Please upgrade to ensure you stay on the main block chain.

By the way I checked my I0Coin's listtransactions and saw that Vircurex has in fact sent me my 18,000+ I0Coins.

-MarkM-

Ah but I consider 10,000 way too low for IXCoin, even long long ago it was over 16,000 so anything less than that I consider underpriced.

Sure I expect IXCoin to rise higher than I0Coin, but that does not mean I should price I0Coin much lower than IXCoin, rather it just means I should be pricing IXCoin much higher than I0Coin.

The only reason I am selling any IXCoin for less than 16,000 satoshis is people are selling them to me even cheaper and I keep putting what I buy back onto the sell side to gradually grow it back up to where it ought to be...

So lets target 10,000+ for I0Coin and 20,000+ for IXCoin, eh?

I am just typing in my initial builds of the order-books so far, once people start buying from me and selling to me I will be able to tighten the gap between buy and sell.

I0Coin and IXCoin used to both be 16,000 to 18,000 or more once upon a time, so I want to at least build my sell side up to that kind of range before considering lowering its bottom end, as I don't want to not have sells sitting waiting when a big pump skyrockets the thing, its a pain when a coin skyrockets up higher than where you already have sell offers waiting...

Remember there are no more IXCoins being made, and damn few I0Coins. Both are still on the mmpool merged mining pool, and pools that dropped them will change their minds no doubt once the price goes back up or if the volume gets large. Though I don't much care about volume, more important to me is depth aka liquidity, as long as one could buy or sell a huge number if one chose to, whether anyone actually does it not important, since most transactions can very well happen off-chain, we just need one exchange somewhere that establishes a price so people can create conversion tables to convert to and from other currencies off-chain.

I would not be surprised if some people whose debts are denominated in IXCoin and/or I0Coin have been dumping the coins on exchanges to lower the exchange rate then paying their thus-effectively-reduced debts in some other currency thanks to the use of exchange-rate-tables ( such as the one at http://galaxies.mygamesonline.org/latestrates.inc ) by the lending institutions. I expect this should eventually cause the lending institutions to either insist on the debts being paid directly in the currency in which they are denominated or to start buying the coins in which they have debtors so as to keep the exchange-rates up...

-MarkM-

Seriously, iXCoin has the biggest partners and a board full of the biggest players in crypto and the 2nd most secured alt-coin and it can be bought now for under 6,000 sat.  Why would a coin which has been dropped by merge miners and has no one supporting it or backing it and has not even one decent exchange trading it be worth double the price of IXC. 

Historically i0 has always been trading for only a fraction of IXC - only recently it had a run and it matched IXC's price.  I think paying half price of IXC is fair but obviously the fair price of anything is that which the market will bear.

If anyone is interested I'll raise the price to 4,000 sat.

Cheers!

None.  I'm offering 50% over market price and nothing.  Odd.

Aha, I finally managed to create deposit addresses on Cryptopia, have sent coins in, soon I should be able to start building nice deep order-books for I0Coin there...

Meaning for example on the buy side an order to buy 100 I0Coins at each satoshi of price from 1 satoshi on upwards...

On the sell side probably an order to sell 100 I0Coins at each 5 satoshis of price from 10,000 satoshis on upwards...

-MarkM-

I created an account at Cryptopia and tried to generate an I0Coin address to deposit to but it fails to generate an address.

So it looks like one cannot actually deposit I0Coins there.

Heck I just tried to generate a bitcoin address there and it fails too.

So much for Cryptopia, an exchange that actually works would be nice to have...

Good luck buying I0Coins for only 3000 satoshis. I still consider anything less than ten thousand a bargain...

-MarkM-

have you had any takers?

Thanks.  It's at 2,000 sat.  I'll pay 3,000 sat if anyone is interested.
Thx

Our main thread is here
https://bitcointalk.org/index.php?topic=624935.0;topicseen

I0coin is now trading on Cryptopia
https://www.cryptopia.co.nz/Exchange?market=I0C_BTC

You're right it's a very good price, but probably not for much longer.  Stock up while you can.

Hahaha.  That's funny.

"New Ixcoin fork -> I0coin"
is it still new?

Well, IXC is still highly secured and actively trading and it's at 6,000 sat.

Given the higher risk and no active trading for i0 I was thinking half the IXC bid would be fair market price so around 3,000 sat.

If i can get the money I'll be more flexible cause right now I own ZERO coins and I feel like I should own some.

Let me know...

Vircurex screwed up, yeah. I0Coin is not dead, but the last bitcoins I sent to Vircurex, back in January or February, have still not arrived there and they still have not responded to emails about it.

I cancelled all my IXCoin and I0Coin offers there but my last withdraw of I0Coins from there failed and who knows if they will fix that before they remove the withdraw option? So it looks likely they plan to steal I0Coins though dunno where they plan to sell the stolen coins.

Both I0Coin and IXCoin were on a long term rise until Vircurex screwed them both by preventing deposit of bitcoins with which to buy the coins.

I am still trying to get the latest versions of Open Transactions working so I can get my Open Transactions server accessible to folks again without their having to already have an ancient version on their systems, I am also looking into a so called distributed exchange system, which should work with I0Coin (though maybe not IXCoin) because I0Coin supports multi-signature addresses.

I was paying over 10,000 satoshis per coin for I0Coins and IXCoins by the time vircurex decided to screw them by not letting me deposit bitcoins to buy them with, how much were you thinking of paying for I0Coins?

-MarkM-

Is this the official thread for i0Coin?

I noticed vircurex dropped the coin from trading and f2pool dropped the mining so i0 has been left for dead.

I like nearly dead coins.

So is anybody interested in selling some i0?

I need about a week to get the money but I would like to buy at least 100,000 coins.

Please send me a PM if you're interested.

Cheers!

I know you're mostly joking, but for the record I0coin didn't really die 3 times.  You could say it died once, but that's it.  It went down to probably just two or three clients mining.  It "died" because the client was using too much memory so all pools stopped mining it.  There was a failed attempt at a version 0.6 client, but it was never adopted by the pools because the merged mining didn't work.   That was fixed in Aug-2013.  Now I0coin is super stable, and from what I've read, iXcoin is based on the 0.8 version of I0coin.  So iXcoin coin actually owes I0coin for its latest stable update.

i0coin is just two rows up from ixcoin at http://altexplorer.net/

Do you guys have a block explorer?  I can't find one.

Thanks.