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Re: [ANN][ICG][X11] IncognitoCoin | Pos 5% | Bittrex | ATM |
by
comerciante
on 14/12/2014, 21:06:46 UTC
currently hot at bittrex  Grin

The volume has been sustained in the past couple days without a significant change in price so it looks like it's natural growth from the addition of new investors rather than a pump.

With the recent development post announcing work of a staking mobile wallet, new wallet version with new features, and additional network features. There's large poetential in attracting new users to the ICG community.

Now's a good time to accumulate coins before the next development release.

I'm more interested in what innovative technologies or features will result from the next development release cycle but I'm certain that the price will also increase. More merchant API tools will ease and simplify any changes needed to accept ICG on a website.

Increase in the volume was inevitable as the ICG community grew and I'm sure that the price will reflect the increase soon enough.
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Re: [ANN][ICG][X11] IncognitoCoin | Pos 5% | Bittrex | ATM |
by
comerciante
on 14/12/2014, 15:09:58 UTC
Introducing the closed payment system API into other applications is the next logical step. Getting more payment processors to accept ICG will create new opportunities to incorporate existing development in to new uses. It will also open up access to more merchants who indirectly accept crypto-currencies through use of a payment processor.

A community effort to increase acceptance of Incognito coin has been on-going and yielding succuss in merchant adoption. Although there's not neccesarily alot of businesses that accept alt-coins to begin with but web merchants will.
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Board Announcements (Altcoins)
Re: [ANN][ICG][X11] IncognitoCoin | Pos 5% | Bittrex | ATM |
by
comerciante
on 14/12/2014, 00:01:58 UTC
Speaking of service platforms. ICG could get accepted into a social messaging app and therefore be able to facilitate transactions to a wider user-base.

That would be something to consider in the next development cycle. Technically the merchant API tools could be ported into a social messaging application. Although most applications only accept the alternate cryptocurrency issued by the creator besides bitcoin. It would be more ideal to wait until another application began accepting multiple alternate crypto currencies first and then request ICG to be accepted.
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Board Announcements (Altcoins)
Re: [ANN][ICG][X11] IncognitoCoin | Pos 5% | Bittrex | ATM |
by
comerciante
on 13/12/2014, 17:23:58 UTC
Nice jump in volume. From a low marketcap of $7000, Incognito coin could rise very significantly once the staking wallet, additional network features, and new wallet is released. There's also the brain wallet generator app and more ATM integration to look forward to.

Ultimately the price is determined by user adoption but all of the features that are being developed should contribute further. The amount of twitter followers doubled in the last two weeks to over 1,000 so it's definitely clear that ICG is attracting attention. As a community based coin, having a collection of developers to contribute is a significant asset as their's always at least one developer working if the others are busy.
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Board Announcements (Altcoins)
Re: [ANN][ICG][X11] IncognitoCoin | Pos 5% | Bittrex | ATM |
by
comerciante
on 13/12/2014, 05:34:09 UTC
Currently, I'm communicating with three outside developers in addition to the main ICG team. Plans are being made to focus on the creation of a staking mobile wallet incorporating all of the advanced features  from the main ICG wallet. Later, additions to the Incognito coin network will be added in the form of either additional services added to the ICG wallet or additional functionality to Incignito coin's transaction system.

The core Incognito team is still completing the brain wallet generator app and adding a merchant section to the main ICG website. Merchants are adopting ICG at a steady rate as a non-staking mobile wallet, web-wallet, paper wallet generator, and ATMs are presently available. Development is moving forward as I coordinate the main team with outside developers. More information will be released once development is finalized and nearing release.

That's great news. All of these developments will contribute to incognito coin and help improve its real-world use. I'm looking forward to more ATM integration and merchant adoption as the ICG team becomes larger and the community helps get more merchants to accept ICG.

Now that the development team is larger more will be acomplished. I'm sure that the community would be able to help with promotion as progress is being made.

That would potentially mean that Incognito coin will integrate services into its wallet allowing it to have more user utility. I can see it going a long way up to 1000 sats with very low sell resistance and good buy support. Unique innovation will spur more community involvement and help increase business.

I'm looking forward to more development news when it's finished.
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Board Announcements (Altcoins)
Re: [ANN][ICG][X11] IncognitoCoin | Pos 5% | Bittrex | ATM |
by
comerciante
on 13/12/2014, 01:41:41 UTC
I've noticed a increase of 300 twitter followers since the past week. Nice animation videos at the main twitter page: https://twitter.com/Incognitocoin
The PR is being handled well while development is moving along. With more community involvement, more payment processors should accept ICG.

Yes, I've noticed this as well. Everything is looking strong as a formal plan is being made involving the community and a network of developers. I'm pretty sure there's at least a few other alt-coin ATM providers out there besides Generalbytes where ICG is already accepted.

With all things considered, ICG is doing well with a transparent developer team who have a proven track record. Developments to the API for Web merchants and ATMs are all things to look forward to.

I agree with you there given the recent scandal of bitbay. It's important to have trust-worthy developers who have a history of delivering what they had promised on-time.

I agree, trust and transparency is quite important for alt-coins and incognito coin has demonstrated this consistently. A complete service platform on ICG when finished will yield a lot more use and therefore useful for implementation in either super-net or block-net.
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Board Announcements (Altcoins)
Re: [ANN][ICG][X11] IncognitoCoin | Pos 5% | Bittrex | ATM |
by
comerciante
on 12/12/2014, 22:13:02 UTC
I can also see Incognito coin getting accepted by crypto-social networking platforms as the ICG infrastructure is quite strong at the moment. I would argue that ATM implentation is the strongest aspect.

Yes, and that is a necessary feature of Incognito coin as it helps facilitate transactions at physical locations that otherwise wouldn't be possible without access to an ATM. The mobile wallet works well in combination with it.

It's nice to see the total amount of twitter followers pass 1000. I'm certain that ICG will find a specific use in the market through its many features and methods of accessibility.
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Board Announcements (Altcoins)
Re: [ANN][ICG][X11] IncognitoCoin | Pos 5% | Bittrex | ATM |
by
comerciante
on 12/12/2014, 16:33:27 UTC
I've noticed a increase of 300 twitter followers since the past week. Nice animation videos at the main twitter page: https://twitter.com/Incognitocoin
The PR is being handled well while development is moving along. With more community involvement, more payment processors should accept ICG.

Yes, I've noticed this as well. Everything is looking strong as a formal plan is being made involving the community and a network of developers. I'm pretty sure there's at least a few other alt-coin ATM providers out there besides Generalbytes where ICG is already accepted.

With all things considered, ICG is doing well with a transparent developer team who have a proven track record. Developments to the API for Web merchants and ATMs are all things to look forward to.

I agree with you there given the recent scandal of bitbay. It's important to have trust-worthy developers who have a history of delivering what they had promised on-time.

Very true. According to the previous development posts. The ICG team is working in two sections while outside developers are helping so there should be alot of room for expansion in ICG and greater potential in terms of how far it can be developed. 
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Board Announcements (Altcoins)
Re: [ANN][ICG][X11] IncognitoCoin | Pos 5% | Bittrex | ATM |
by
comerciante
on 12/12/2014, 04:16:26 UTC

The coin has been well distributed since it's first launch as summation of volume is quite high and it's relatively cheap at the moment. Demand should grow once additional blockchain tech and services are built upon Incognito coin and therefore providing a greater real-world utility beyond the traditional role of a crypto-currency. 

That's quite likely as ICG continues to gain new users. It shouldn't be too difficult to organize community ran efforts in the thread regarding Incognito coin.

Eventually additions to the ICG forum and website would better facilitate community discussion however for the time being this forum will be sufficient. Having additional technology on ICG's blockchain would be the greatest goal as it would further expand Incognito coin and allow it to be more easily improved by volunteers and the dedicated developer team.

There's a lot of options in how improvements in network development could be made on ICG. Although the existing infrastructure consisting of a web wallet, mobile wallet, brain wallet app generator, paper wallet generator, tens of nodes, and etc are sufficient for the current user-base. Of course new developments will give ICG more of a purpose as an actual service platform and therefore create a larger user-base. 

The main payment process, Cointopay and Generalbytes ATMs are both located primarily in the Netherlands so it would be nice to branch out and get listed on other payment/ATM providers in other locations. Again, it shouldn't be difficult with the ATM API already available, but there's a lack of alt-coin ATMs at the moment. In fact Generalbytes is the only alt coin ATM provider that I'm currently aware of so perhaps there should be a focus on payment processors instead.

Although it's better to think outside of the box and find new ways to implement the closed payment system while serving a practical role. Honestly, I believe that it wouldn't be out of the question to see the appearance of QR readers in certain metropolitan stores that accept alt-coins. In my opinion the mobile wallet is already sufficient for physical payment locations but it's always better to have more payment options than less.
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Board Announcements (Altcoins)
Re: [ANN][ICG][X11] IncognitoCoin | Pos 5% | Bittrex | ATM |
by
comerciante
on 11/12/2014, 18:22:08 UTC
I've noticed a steady increase of twitter followers by 200 to over 830 in total over the course of one week. I agree with the earlier posts in that the PR seems to be managed well, and volume seems to continually be higher now that Incognito coin has more attention. Looking back through the thread, all developments were delivered on time so I place my trust in the ICG team with the current developments in which they are working on. I actually live somewhat close to one of the ATMs so perhaps at some point I can visit one and record it while depositing ICG with the mobile wallet.

I'm certain that every Incognito Coin community member would appreciate it. Once there's greater organization it should be possible to more efficiently reach out to potential web merchants and ask them to accept Incognito Coin.

Right, organization would go a long way in creating a collaborative group of volunteers for development, promotion, and support. As a community based coin in which a lot of help was already received, there's a growing number of people who are improving ICG either through development or promotion. I can only see future user adoption to increase as more projects using ICG are started.

I can already see a lot of organization and community support forming. Later as it further develops, promotion and development will gain more momentum.
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Board Announcements (Altcoins)
Re: [ANN][ICG][X11] IncognitoCoin | Pos 5% | Bittrex | ATM |
by
comerciante
on 11/12/2014, 13:47:25 UTC

If that's the case then it should likely be easier to implement as adding a network protocol with ICG would likely be time-consuming. A separate application will allow faster production and possibly more features. The app could even incorporate a QR scanner for use at Generalbytes ATMs to withdrawal and deposit Incognito coins.

That sounds interesting, I've been looking for an alt-coin with ATM integration. A stronger infrastructure should provide a stronger future in my opinion.

ATM integration is the strongest feature of Incognito coin and it should further be expanded into other ATM providers since the API is easy to port over. I believe that the QR scanner feature is already available in the mobile wallet but it would be nice to have it in another separate application as well.

Yes. the mobile wallet has a QR code scanner feature, but it would be possible to take all of the improvements made to the web wallet, mobile wallet, brain wallet app, and desktop wallet and apply them to a single application serving as a platform to facilitate decentralized services. I don't see any possible conflicts as each wallet or application will fill a specific role and supplement each other.

It's quite possible to have several applications which provide different functions adequately while having another application which incorporates all of the functions. It would also be possible to port over the closed payment system into the application for later use.
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Board Announcements (Altcoins)
Re: [ANN][ICG][X11] IncognitoCoin | Pos 5% | Bittrex | ATM |
by
comerciante
on 10/12/2014, 18:39:27 UTC
Good ideas so far. Of course whether this will later be implented depends on the limits of the ICG team as they are already busy with their current tasks. Although I'm sure that they will focus on these concepts later.

There was already an earlier post of the possibility that the ICG team would be split into two sections. One could focus on wallet improvements while the other tries to add services through the ICG network. 
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Topic
Board Announcements (Altcoins)
Re: [ANN][ICG][X11] IncognitoCoin | Pos 5% | Bittrex | ATM |
by
comerciante
on 10/12/2014, 02:36:47 UTC
To build on top of the ideas already presented, The future service platform could use ICG as a form of payment solution with the focus being anonymity.

Perhaps it wouldn't neccesarily be a platform but instead  integrated into the wallet. Either way whether a service built upon ICG within the wallet or in a separate application should be able to communicate across multiplatforms to make it viable. Eventually that could lead to the development of additions to the ICG network beyond the recording of transactions into the block chain.

The ICG team would need to grow with the addition of more developers first. Although it's a good future feature to consider as there's a lot of possibilities as to how block chain based services could be managed.

True, though now would be a good time to brain storm ideas for future network development if such a decision is made. The past suggestions of voip, chat, file-sharing, and vpn sound like good plans and at least not too difficult to implement.
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Board Announcements (Altcoins)
Re: [ANN][ICG][X11] IncognitoCoin | Pos 5% | Bittrex | ATM |
by
comerciante
on 09/12/2014, 13:53:12 UTC
I'm going to contact goldencrypto and try to help setup a merchant section to the icg.io website. Also I will introduce the idea of having a another sub-section where it's possible to download or import the Merchant API, logo, banner, or any other accessories available for Web merchants.

That actually gave me an idea. We could try to setup a form of start-up platform on the main website where individual users could contribute and propose suggestions since it's a community organized coin. The forum is functional but it would make sense to have a place where it's further organized and consolidated like on the main Incognito Coin website.

Thanks for the suggestions. I'll further discuss these propositions with Goldencrypto and Chedigital whilst communicating with an outside developer. Currently, progress is being made with the development of new wallet features in addition to the development of an automated ICG brain wallet app. More information will be released later once the determined set of features are finalized and developed.

That's good. I can definately see a use for the brain wallet app as it's more secure and decentralized than a Web wallet.

On top of those mentioned developments, I'm interested in later developments of a service platform built upon ICG. It would probably make sense to focus on more ATM providers and merchant expansion first though.

It could even be a business platform with Voip, chat, file sharing, and ETC but it would make more sense to get accepted by other service platforms for the time being.

That's a sound plan going forward. ATM integration was already a nice feat in itself. It shouldn't be too difficult to increase merchant adoption with the existing API tools.
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Board Announcements (Altcoins)
Re: [ANN][ICG][X11] IncognitoCoin | Pos 5% | Bittrex | ATM |
by
comerciante
on 09/12/2014, 01:46:01 UTC
I'm going to contact goldencrypto and try to help setup a merchant section to the icg.io website. Also I will introduce the idea of having a another sub-section where it's possible to download or import the Merchant API, logo, banner, or any other accessories available for Web merchants.
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Board Announcements (Altcoins)
Re: [ANN][ICG][X11] IncognitoCoin | Pos 5% | Bittrex |
by
comerciante
on 08/12/2014, 15:16:40 UTC

Personally, I'm more interested in what innovative developments will result from this coin like the incorporation of ICG into ATMs that you mentioned. The price has indeed shrunken, however I'm confident in the ICG team delivering upon the developments which were proposed earlier. It is after all a community effort so it's always possible for volunteers to innovate and improve this coin. Future relevance would depend on community involvement and interest which so far seems to be growing.

I agree that ATM integration is a major feature and in my opinion it should be further utilized by increasing the amount of ATM providers accepting ICG. I was thinking of targeting untapped markets outside of Europe and the U.S.A by patterning with foreign companies seeking to provide alt-coin payment solutions either for physical locations or for web merchants.
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Re: [ANN][ICG][X11] IncognitoCoin | Pos 5% | Bittrex |
by
comerciante
on 07/12/2014, 21:38:25 UTC
After reviewing the ATM API developed for ICG, I noticed that it uses a point of sale system which is rather innovative by itself. I'm surprised that Incognito coin is selling at such a low price after development and incorporation of ATMs, mobile wallets, web wallets, brain app, and new wallet features. User adoption seems to be increasing.

True, also the point of sale system could be useful for other coins to use so there's a possible block-net membership opportunity to further increase use of ICG.

Definitely, all the more reason to buy up the cheap ICG while the sale lasts.
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Board Announcements (Altcoins)
Re: [ANN][ICG][X11] IncognitoCoin | Pos 5% | Bittrex |
by
comerciante
on 07/12/2014, 18:29:25 UTC
I am currently communicating with the ICG developer team and with a new developer to potentially join the Incognito coin team. Currently, advanced wallet functions are being developed and more information will be released as the features are being ironed out.

With the addition of new members into the ICG team, it might be worth considering to divide the ICG team into two sections. The existing ICG team could concentrate on the front-end and back-end of new wallet services like the developing brain-app for ICG. Another team could consist of wallet developers creating new innovative features for ICG or improving existing infrastructure.  I understand that Hectortilla and Fernandox have either worked on the ATM API or developed new wallet features. I believe that the community is sufficient in size to work on merchant and user adoption. A ICG foundation of sort could be created through communication in the ICG forum. Desil could continue to create advertising material and coordinate both development teams. Any suggestions are welcome.

Thanks for the suggestion. Once the potential developer officially joins the ICG team then I will seriously consider splitting the team into two focuses of development. This will speed up the pace of development and allow us to create new innovative features. I will release more information once everything is coordinated.

That sounds like a good plan. ATM integration is rather unique so it would be nice to see that further worked upon.
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Re: [ANN][ICG][X11] IncognitoCoin | Pos 5% | Bittrex |
by
comerciante
on 07/12/2014, 14:15:20 UTC

There's already been some discussion in the ICG forum. The ICG team seems coordinated in terms of development but the forum is a good place for discussion of volunteer work.

The most innovative feature of ICG is the advanced ATM API developed by Hectortilla which is already used in GeneralByte ATMs. It should be easy to get listed on other ATM providers or other companies providing payment solutions as a Web merchant API is also available. There's already a steady stream of merchants accepting ICG according to the twitter feed so that aspect is being taken care of.

You have a point. Looking back through the thread, most of the videos pointed out the ATM integration so it would make sense to advertise that fact to distinguish ICG for achieving innovation. There's certainly significant value in the current payment API that was developed and used by ATMs and web merchants. Making the most use out of it as possible in merchant adoption would be to ICG's benefit and there's always the new developments to look forward to. 

I've  also noticed the steady build up of buy support 3.4 BTC + which is relatively high compared to the marketcap. ICG is gaining new users as more merchants are accepting incognito coin. The coin also has an edge against other alt-coins since it's accepted at several ATM locations through Europe and perhaps later expansion will reach into the U.S.A. There's a very significant poetential user-base for an altcoin which makes payments at physical locations as seemless as possible. The current availability of paper wallets, mobile wallets, ATMs, and a Web wallet for ICG seems to accomplish this.

Good post. I believe ICG has that potential as most of the accessibility features are already present.
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Board Announcements (Altcoins)
Re: [ANN][ICG][X11] IncognitoCoin | Pos 5% | Bittrex |
by
comerciante
on 06/12/2014, 23:12:53 UTC

It would also be nice to get accepted into major companies and service platforms. Cointopay is a good start as most of the basic payment processor needs are now met.

Right, there's several merchants which use cointopay and by default are capable of accepting ICG. I can definately see ICG being accepted by service based apps like Send chat for example. It would also be beneficial to get accepted by popular gambling websites.

Exactly, incorporation into a larger framework of merchants and services would insure a strong future for ICG.

The ICG team seemed to have made good progress in that respect. If everyone in the community pitched in and helped then it would be expedited.

There's already been some discussion in the ICG forum. The ICG team seems coordinated in terms of development but the forum is a good place for discussion of volunteer work.