Author

Topic: [NEWS] Infinitecoin trading sites info, IFC (Read 1895 times)

full member
Activity: 280
Merit: 100
March 10, 2014, 01:46:10 AM
#14
Please Anderl, post these comments where I became "hostile"? I do not usually engage in that sort of thing, I simply try to present facts! You were clearly contradicting yourself, I was just trying to understand your position.

My exact words: "So your saying "I don't support the coin" but your holding onto a whole bunch of them all the same. You contradict yourself! You say it'll now be easier to sell as there are more exchanges, but then previously complain about to many exchanges, I'm confused with your logic!"

Where am I implying "that I (you) was not helping the community"? Where am I asking you for donations for bounties etc....?
I didn't ask you for anything but an explanation to your logic and whether or not you still held IFC!

You make huge profits off IFC and then try and shoot it down, this makes no sense to me whatsoever, surely it's in your interest to be positive about IFC as it will add to your financial gains! IMO it's clear that money is your sole motivation so why would you act as you have?

We don't want your IFC for any purpose, it would be nice if you chose to trade them as this works for the cap and helps IFC, this also makes you more profits!

I feel sorry for you for being so closed off from the bigger picture! I wish you all the best!
legendary
Activity: 3318
Merit: 1958
First Exclusion Ever
Who asked you for IFC? As far as the exchanges go they are still HEAVILY centralized on BTER. Users want more exchanges so they do not need to depend on a single one. More exchanges allows less dependence on a single exchange to pick up the majority of volume. Especially with the complete train wreck Cryptsy has been it is completely useless for IFC holders. The new exchanges are simply meeting the demand for more options. No one forced it on them, and we couldn't stop them if we wanted to. This is a open source p2p system. As far as there being no reason to mine, the transaction fees pay far more than the block reward now. Why does this not count in your assessment?

No actually request by jrretirement for specific IFC, but the implication that I was not helping the community by sitting on the sidelines.  The additional suggestion that I could help the community through bounties and giveaways was the implication that I "should" put the coins to good use.  When I thanked you and jrretirement for the request but I wasn't interested, is when both of you became hostile that I was sitting on a large stash and not helping the community.  

I ask you why I should do more in the IFC community?  Because I can get richer from the coin?  Sure but why would all of you be so angry that I wasn't trying to make myself richer?  Maybe I was happy with the wealth I had in IFC.  I think that some of the hostility comes from fear.  Because I own so much IFC I could "potentially" thwart" and plans you may have.  I'm a rogue IFC owner that you can't predict or influence.  That would suck.  It's like  the fear everyone has about BTC/LTC whales.  People who could just go Galt and destroy all the value in the coin.

Don't worry  I don't plan to destroy the value of IFC.  I wish you the best of luck with it.  It would be nice if you were more transparent about where IFC was going.  A roadmap would have been great with timetables, but I guess I will never know because I'm not in the "inside".

I do hope IFC does well and if it becomes more successful I may be back.

Please, get over yourself before you start channeling the spirit of Ayn Rand.
Shall I quote the exact conversation?

Hello,

I have recently been informed by other IFC users that you have a thread disclosing that you are holding a few % of the IFC market cap. I was wondering if you would please add me on skype as skypename so we might discuss possible cooperation in supporting the IFC network. Additionally we have a decent sized IFC group chat there. Hope to hear from you soon.

This is me inviting you to participate. Seeing as you are such a large holder I figured you might actually want to participate the community in some way.

Thanks for the offer but my IFC is in cold storage and I plan to leave it there for a few years.  I don't have any plans to use it directly in the community.  I believe it is better served indirectly by being removed from the IFC circulation.


This is you making assumptions and blowing me off like a hobo who wandered up asking for quarters.

I never asked you to remove it from cold storage for one thing, second you don't plan to help the community grow in any way with your efforts? You are just going to sit on that and let everyone else do the legwork?

I didn't mean to upset you.  I actively communicate IFC as one of the better coins.  I work full time and run a cryptocurrency mining farm along with investments in several projects.  I heavily mined many coins IFC being one of them some do well and others failed.  But I don't have any more time to contribute to new projects.  Maybe in the future.

That is a lot of IFC. I just figured that with the massive returns IFC has been showing you that you might want to help the community grow rather than just sitting on the sidelines and depending on people like me do it for you, but your priority was made clear to me in your first sentence.

 You made a nice profit on IFC didn't you? Who do you think made that happen?  You were invited to have your say in the community. You declined. The community gives to you, and you are only interested in taking more. In summation you have no right to complain. Keep your assumptions and slander to yourself.
I look forward to buying up your cheap coins. Good luck with your self absorption.
hero member
Activity: 714
Merit: 500
Who asked you for IFC? As far as the exchanges go they are still HEAVILY centralized on BTER. Users want more exchanges so they do not need to depend on a single one. More exchanges allows less dependence on a single exchange to pick up the majority of volume. Especially with the complete train wreck Cryptsy has been it is completely useless for IFC holders. The new exchanges are simply meeting the demand for more options. No one forced it on them, and we couldn't stop them if we wanted to. This is a open source p2p system. As far as there being no reason to mine, the transaction fees pay far more than the block reward now. Why does this not count in your assessment?

No actually request by jrretirement for specific IFC, but the implication that I was not helping the community by sitting on the sidelines.  The additional suggestion that I could help the community through bounties and giveaways was the implication that I "should" put the coins to good use.  When I thanked you and jrretirement for the request but I wasn't interested, is when both of you became hostile that I was sitting on a large stash and not helping the community. 

I ask you why I should do more in the IFC community?  Because I can get richer from the coin?  Sure but why would all of you be so angry that I wasn't trying to make myself richer?  Maybe I was happy with the wealth I had in IFC.  I think that some of the hostility comes from fear.  Because I own so much IFC I could "potentially" thwart" and plans you may have.  I'm a rogue IFC owner that you can't predict or influence.  That would suck.  It's like  the fear everyone has about BTC/LTC whales.  People who could just go Galt and destroy all the value in the coin.

Don't worry  I don't plan to destroy the value of IFC.  I wish you the best of luck with it.  It would be nice if you were more transparent about where IFC was going.  A roadmap would have been great with timetables, but I guess I will never know because I'm not in the "inside".

I do hope IFC does well and if it becomes more successful I may be back.
legendary
Activity: 3318
Merit: 1958
First Exclusion Ever

I was saying that I did support the coin  (in the past).  Now that it has been spread to so many exchanges but has not had the same growth in utility (who uses it and at what websites), it has an unhealthy balance so I'm not supporting it any more.  IFC was a good experiment in what happens to coins when they have fast halving of rewards.  Not that it is past the halving stage I don't see any new useful features being implemented to make it worth mining.  The mining network is weak.

As to how easy it is to sell.  Again I stated that it will be faster to sell if the exchanges maintain a low delta.  When a security is hosted on several exchanges a sale on one may impact the speculative prices on others.  If sales are timed accordingly you can eliminate the arbitrage opportunities and prevent anyone else from trying to game your trades.  So yes sales will be faster.  However a problem exists in that having many exchanges diffuses the quantity that you can sell at any given point.  If we only had IFC/LTC on cryptsy then all eyes would be on that market and that along  If I put up 1mil IFC for sales people would react quickly and adjust their bids/asks.  It's harder to mask large sales in the order book.  But now that it is on several exchanges I can sell a large order and mask it without damaging the charts too much.  But it all depends on liquidity.  IFC isn't trading much on some of the other exchanges so I just ignore them.

Yes management did change.  I noticed the change because I was PM'd by a couple of you asking me to give you my IFC to support it.  I tried to be polite when I said I didn't want to and then everyone got rude about it.  So that was the first black mark for the new management.  Then the push to get it on many exchanges, more bounties and more giveaways, but I didn't see any new commerce channels in the same time or improvements in the network.  I gave IFC about 9 months and I think that is a good amount of time for a coin to prove itself.

I'll keep IFC on the radar and if I see improvements I like then I'll probably return by buying back in or mining it again.  If I see some significant changes over the next 2-3 months (probably how long it will take to sell the 3.75bill) I'll hold off selling the rest.

Also it is all my opinion, that it true.  It is my perception of what is going on around IFC.  But perception is created not just by me but by the outward events that transpire.  Maybe it's not just my outlook on IFC but how you went about marketing it that caused me to decide on selling it.

Who asked you for IFC? As far as the exchanges go they are still HEAVILY centralized on BTER. Users want more exchanges so they do not need to depend on a single one. More exchanges allows less dependence on a single exchange to pick up the majority of volume. Especially with the complete train wreck Cryptsy has been it is completely useless for IFC holders. The new exchanges are simply meeting the demand for more options. No one forced it on them, and we couldn't stop them if we wanted to. This is a open source p2p system. As far as there being no reason to mine, the transaction fees pay far more than the block reward now. Why does this not count in your assessment?
full member
Activity: 280
Merit: 100
I'm not going to add your quote as I don't want to take up pages of the thread, I'll just say this!

Big change takes time! Keep watching!

IFC is the future of cryptos!
hero member
Activity: 714
Merit: 500
Who is forcing it on to exchanges? BTW learn how economics works, more exchanges holding and trading coins means more coins being held for longer. If you want to blame anyone blame Cryptsy, they have been holding IFC holders hostage for well over a month. Also you complain about there not being enough services but I don't see you helping to build any, just sitting there on a fat load of coins complaining its not making you more money for doing nothing.

not for long.  don't worry though.  Its going to take some time.  Plus since it is on so many exchanges and if the exchanges maintain a low delta I should be able to sell it faster than when it was just on Cryptsy with minimal impact to the price.

Trust me I'm not going to dump it all at once.  That isn't profitable for me.  I will probably only account for a 10 to 20% increase in trading volume.

As for not supporting the coin?  I traded it in the beginning and kept the network humming along for the first couple months.  I made the network strong by increasing the total hashrate.  I did my part.

So your saying "I don't support the coin" but your holding onto a whole bunch of them all the same. You contradict yourself! You say it'll now be easier to sell as there are more exchanges, but then previously complain about to many exchanges, I'm confused with your logic!

You talk of the management of IFC but I doubt you know many of the current management team, I'd say 10% at best. The whole structure had a complete over hall a little over a month ago. The type of development now ongoing does take time and resources. We are not going to spout off publicly about what we are doing, that's a poor business practice.

Your entitled to your opinion but please base that opinion on the facts not your misguided perceptions! Ty.

I was saying that I did support the coin  (in the past).  Now that it has been spread to so many exchanges but has not had the same growth in utility (who uses it and at what websites), it has an unhealthy balance so I'm not supporting it any more.  IFC was a good experiment in what happens to coins when they have fast halving of rewards.  Not that it is past the halving stage I don't see any new useful features being implemented to make it worth mining.  The mining network is weak.

As to how easy it is to sell.  Again I stated that it will be faster to sell if the exchanges maintain a low delta.  When a security is hosted on several exchanges a sale on one may impact the speculative prices on others.  If sales are timed accordingly you can eliminate the arbitrage opportunities and prevent anyone else from trying to game your trades.  So yes sales will be faster.  However a problem exists in that having many exchanges diffuses the quantity that you can sell at any given point.  If we only had IFC/LTC on cryptsy then all eyes would be on that market and that along  If I put up 1mil IFC for sales people would react quickly and adjust their bids/asks.  It's harder to mask large sales in the order book.  But now that it is on several exchanges I can sell a large order and mask it without damaging the charts too much.  But it all depends on liquidity.  IFC isn't trading much on some of the other exchanges so I just ignore them.

Yes management did change.  I noticed the change because I was PM'd by a couple of you asking me to give you my IFC to support it.  I tried to be polite when I said I didn't want to and then everyone got rude about it.  So that was the first black mark for the new management.  Then the push to get it on many exchanges, more bounties and more giveaways, but I didn't see any new commerce channels in the same time or improvements in the network.  I gave IFC about 9 months and I think that is a good amount of time for a coin to prove itself.

I'll keep IFC on the radar and if I see improvements I like then I'll probably return by buying back in or mining it again.  If I see some significant changes over the next 2-3 months (probably how long it will take to sell the 3.75bill) I'll hold off selling the rest.

Also it is all my opinion, that it true.  It is my perception of what is going on around IFC.  But perception is created not just by me but by the outward events that transpire.  Maybe it's not just my outlook on IFC but how you went about marketing it that caused me to decide on selling it.
full member
Activity: 280
Merit: 100
Who is forcing it on to exchanges? BTW learn how economics works, more exchanges holding and trading coins means more coins being held for longer. If you want to blame anyone blame Cryptsy, they have been holding IFC holders hostage for well over a month. Also you complain about there not being enough services but I don't see you helping to build any, just sitting there on a fat load of coins complaining its not making you more money for doing nothing.

not for long.  don't worry though.  Its going to take some time.  Plus since it is on so many exchanges and if the exchanges maintain a low delta I should be able to sell it faster than when it was just on Cryptsy with minimal impact to the price.

Trust me I'm not going to dump it all at once.  That isn't profitable for me.  I will probably only account for a 10 to 20% increase in trading volume.

As for not supporting the coin?  I traded it in the beginning and kept the network humming along for the first couple months.  I made the network strong by increasing the total hashrate.  I did my part.

So your saying "I don't support the coin" but your holding onto a whole bunch of them all the same. You contradict yourself! You say it'll now be easier to sell as there are more exchanges, but then previously complain about to many exchanges, I'm confused with your logic!

You talk of the management of IFC but I doubt you know many of the current management team, I'd say 10% at best. The whole structure had a complete over hall a little over a month ago. The type of development now ongoing does take time and resources. We are not going to spout off publicly about what we are doing, that's a poor business practice.

Your entitled to your opinion but please base that opinion on the facts not your misguided perceptions! Ty.
hero member
Activity: 714
Merit: 500
Who is forcing it on to exchanges? BTW learn how economics works, more exchanges holding and trading coins means more coins being held for longer. If you want to blame anyone blame Cryptsy, they have been holding IFC holders hostage for well over a month. Also you complain about there not being enough services but I don't see you helping to build any, just sitting there on a fat load of coins complaining its not making you more money for doing nothing.

not for long.  don't worry though.  Its going to take some time.  Plus since it is on so many exchanges and if the exchanges maintain a low delta I should be able to sell it faster than when it was just on Cryptsy with minimal impact to the price.

Trust me I'm not going to dump it all at once.  That isn't profitable for me.  I will probably only account for a 10 to 20% increase in trading volume.

As for not supporting the coin?  I traded it in the beginning and kept the network humming along for the first couple months.  I made the network strong by increasing the total hashrate.  I did my part.
full member
Activity: 280
Merit: 100
too many exchanges and not enough adoption by consumers.  pumping IFC on to new exchanges only destroys its value as you spread people that want to exchange it thin.  If IFC was adopted by more exchanges organically because its its popularity (transaction rate per block) then it would be healthy to see so many exchanges.  But you have diluted the coins value by forcing it on so many exchanges like that.

I was a strong support of IFC, but no longer.  I have to exit the coin until I see managed better than this.
So if you "have to exit the coin" does this mean you got rid of your IFC?

legendary
Activity: 3318
Merit: 1958
First Exclusion Ever
Who is forcing it on to exchanges? BTW learn how economics works, more exchanges holding and trading coins means more coins being held for longer. If you want to blame anyone blame Cryptsy, they have been holding IFC holders hostage for well over a month. Also you complain about there not being enough services but I don't see you helping to build any, just sitting there on a fat load of coins complaining its not making you more money for doing nothing.
hero member
Activity: 714
Merit: 500
too many exchanges and not enough adoption by consumers.  pumping IFC on to new exchanges only destroys its value as you spread people that want to exchange it thin.  If IFC was adopted by more exchanges organically because its its popularity (transaction rate per block) then it would be healthy to see so many exchanges.  But you have diluted the coins value by forcing it on so many exchanges like that.

I was a strong support of IFC, but no longer.  I have to exit the coin until I see managed better than this.
member
Activity: 110
Merit: 10
Infinite coin is dead.
member
Activity: 77
Merit: 10
We have added Infinitecoin as a major trading pair on our exchange:

https://exchange.nexxuscorp.com/

We hope you like it!

Kind Regards,

The Nexxus Corporation.
full member
Activity: 280
Merit: 100
Infinitecoin is quietly setting the foundations for becoming a force in the world, not just the crypto-world.

IFC now has over 30 trading pairs and many more large exchanges are soon to be listing IFC. IFC is now traded direct against the greenback @ C-CEX.

Unfortunately at the moment IFC has anywhere between 30-60%, on any given day, of our trade volume missing and unaccounted for on coinmarketcap. (this is in no way a swipe at cmc as we are working with them to fix this) this is just a fact.

IFC exchange list:


https://c-cex.com/index.html?p=ifc-btc
https://bittrex.com/Market/Index?MarketName=BTC-IFC
https://www.cryptorush.in/index.php?p=trading&m=IFC&b=BTC
https://www.coinex.pw/trade/ifc_btc
https://www.swisscex.com/market/IFC_BTC
https://comkort.com/ - IFC/BTC , IFC/LTC
https://www.cryptsy.com/markets/view/60
https://bter.com/trade/ifc_ltc
https://www.coins-e.com/exchange/IFC_LTC/
http://wabigong.com/trade/ifc_cny.php
https://www.niubtc.com/
https://www.easecoin.com/tradeCenter.html?type=IFC
https://exchange.nexxuscorp.com/btc/ifc
https://coins2themoon.com/
https://poloniex.com/exchange
https://exchange.nexxuscorp.com/btc/ifc
http://www.cryptotc.us/market#IFC

Infinitecoin the real world crypto-currency!
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