Yes, it appears that you are attempting to connect from your local area address. The IP-address is a private IP-address, meaning that it can only be accessed by people from your local area network and NOT by people on the internet. You therefore cannot use this IP-address to connect to any IRC server on the internet.
It's possible that you have more than one IP address, which you may check by opening a DOS window and enter IPCONFIG/all. This will display all of the address on your system. You want the address with starts with 70.x.x.x, or 168.x.x.x.
