Topic: No guys, seriously, who buy Ixcoins? (Read 2567 times)

this coin has been advised me for the first investment, but I don't think it's stable. 

Currencies compete when they have different properties. Gold and silver do have different physical properties.
The fiat currencies created by central banks have different properties, mostly linked to the economy of the
country that issues them. Peer-to-peer currencies can have different properties too; for example, a Bitcoin
variant with a constant inflation rate would be significantly different from Bitcoin, and would be able to
compete, although I am not sure if it would easily find early adopters.

This is clearly not the case with ixcoin and i0coin; the only difference is in the initial distribution, and a few
cosmetic changes. Therefore, these currencies are merely Bitcoin clones. As such, they need to live in the
same niche as Bitcoin. That is the niche of "digital resource with finite supply that will still be valuable in the future".

It is impossible for two currencies to live in that same niche, because one of them will be perceived as more
likely than the other to hold its future value. People will use that currency for long-term storage of value, and
they will progressively drop the other one. Thus, Bitcoin clones are mutually exclusive. Bitcoin's historical
precedence give it legacy, and strong network effects play for it. It is too late to change that.

Right... something that is exactly like gold, but looks and smells like shit must be silver.

Wat?

Well, so if you're right and only speculators are buying, everything's ok
I was afraid some dumb people got scammed

I thought I already answered this.  The answer is SPECULATORS.  FFS, LMGTFY.  Ixcoins are/were just a huge money grab when it launched.  EXACT same thing with your precious I0coins.  Oh, they'll try to candy coat it with client side tweaks like wallet encryption, address validation, and whatever, but in the end it's no different than Ixcoin:  One guy (ArtForz) ends up with with a shit ton of coins while everybody else gets sloppy seconds.  Standard pump and dump, just like Ixcoin.

Thanks Thomas for replying to this thread


I repeat: Where is the new concept in Ixcoin?


Moreover, please read my question carefully: who buy Ixcoins?
For example, I am currently mining I0coins because it's really new, but I will never ever buy them

Yea a lot of people were cynical of Bitcoin too initially. Course some of those people that mined them made a shitload of $$ cash later selling them but I guess thats irrelevant lol

Bitcoin was a new concept when it was launched and it's starting to be much used: https://en.bitcoin.it/wiki/Trade
I0coin has just been launched so nobody bought some of them yet

Ixcoin already had its crazy rising and is now going to 0, so what's the point?
Moreover Nakamato mined 400k before releasing it whereas neither Satoshi nor I0coin's creator did that (I0coin block explorer)

Same people who will buy I0coins, and to a large extent the same people who already buy Bitcoins:  Speculators.

send them here jRQqLd2uKpv7gQ6UVsHG4ct9YfyXwDJzD8

i've got some i0 coins if you want them

As the poster said. Move on people. 

Nothing more to add