Serial communication with Python
You are missing a second time.sleep(1). That is why the first loop executes correctly and the the LED flashed faster. Without any time.sleep() at all, the LED is going OFF/ON so fast that you cannot see it happen (may be it's just not so bright as usually).

while 1:
   for i in range(0,10):
        serialWrite(0)
   time.sleep(1)
   for i in range(0,10):
        serialWrite(1)
   time.sleep(1)