Im guessing he is trying to get people to sell so his alt can buy at a cheaper price? We all love busy bodies but typically they would not waste the time or the effort if they are not interested. So instead of thinking about the children their motives are more selfish.  |
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SELLING IOTA in Ti quantities for 19 btc/Ti
If you need it quick you could dump to 15  |
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Nice, the KMD situation has been resolved. Besides downloading the new wallet, is there anything else I need to do?
Tell the world about KMD |
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So if the hacker was able to mine block after block... does that indicate the hacker is running a notary node?...... as Notary Nodes get to mine most blocks......I'm asking this as I have not seen this conspiracy theory raised yet..... I struggle with lets run decentralized coin by centralizing most of the mining power, sounds a little oxymoronic to me.......Anyway if someone can explain how someone could mine block after block I for one would love to know how....AFAIK this is the real question Cheers Jon  As everyone left the chain he was able to mine more and more. He was not a notary node. |
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There seems to be some confusion.
The hard fork has already happened over ~30+ hours ago when the issue was fixed.
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Trading is still going on at Bittrex.
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What happens to my BTCD after the year has passed I had to swap it for KMD?
You will still have BTCD but no one will know what it would be worth as just a bitcoin fork. All the technical advancements would be in Komodo. Does the team dump BTCD for bitcoin fund for further development? Since IMO KMD is new BTCD, BTCD is not necessary any more after 1 year swap. I am not too sure what the plans are after the year. Regardless i would hope everyone swaps over as there would be no future for it. |
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What happens to my BTCD after the year has passed I had to swap it for KMD?
You will still have BTCD but no one will know what it would be worth as just a bitcoin fork. All the technical advancements would be in Komodo. |
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just saying, the people who wonders why KMD is bellow ICO price, buggy wallet is probably the main reason.
Let's see.....BTC mooning....whales playing games....other scams mooning.... Advancing crypto tech is not a very easy job. Pumping and hyping is easy, putting in the hard yards to actually fix a problem people have is not. We are doing the later, if you want the former there are many others to choose from. With utility should come trading volume and price. |
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Actually the USD price of KMD is probably about the same as the ICO price. BTC was worth half as much back then.
Not sure why people keep saying this. Is it to make yourself or others feel better about the current price? Sure, KMD price may be about the same in terms of USD, but I think it's more important to look at things in terms of BTC. After all, one of the objectives of SuperNET is to work with BTC to increase its value and thereby increasing the value of alts like KMD. If BTC goes up and Komodo goes down, that's counterproductive. Of course, the market doesn't always react this way. But I wouldn't consider BTC going up while KMD goes down or stays the same a good thing. People say this because it is the truth and also because it's more important to look at things in terms of USD (or other fiat). That is what counts in the real, larger world. So KMD current market price is just about the same as the ICO price, whether you like that reality or not. Yes, that is the truth and I'm not denying that. It's just when people say it like it's suppose to be a positive for us as a project is what I have a problem with. I think we need to get out of that mindset. I'm not looking at it from a trading perspective but more of a goal-oriented perspective. If SN/KMD is to meet it's project goal, then KMD price should be going up with BTC in terms of USD, not stay constant. So we still have a ways to go. And speaking of mindset, I feel the dev team has been under this mindset that good tech will speak for itself and people will come. This way of thinking has been going on for the last 2 years now and it hasn't gotten us far in terms of getting more recognized. There's great tech here, but a new strategy is definitely needed. Hopefully with the next wallet release, marketing will ramp up significantly. The Elephant in the room is time.......It's great to have brilliant technical ideas.......but they must be finished before the rest of world can implement there own version Cheers Jon The main issue here is that if we dont have all the pieces of the jigsaw in place, people dont know what they are looking at. Doing this takes time, but it can be delivered faster if people choose to help. So please join slack and help out with the testing, that will kill 2 birds. |
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In regards to the price, there is nothing the dev team can do. Only a small amount of KMD is being traded at these prices so if you want to take that as a indicator that is the true value of KMD then nothing I say can change your mind.
I'm not at all saying this is what I value KMD at. Obviously I have high expectations for SN/Komodo and I think it's worth much more, which is why I think the current price is disappointing and have not sold any yet to date. I just think it's funny when people comment that KMD is doing well in terms of USD while it's price in BTC has decreased significantly from ICO, like it's suppose to be a good thing. And please stop saying that there is "nothing" the dev team can do when this is a pretty well funded project that has technically been in development for about 2.5 years. There's always something that can be done, maybe the team just hasn't figured it out yet. Well i should probably rephrase that. The dev team are developing the ecosystem, that is what they should be doing to increase the price. By providing a good technical solution to problems people have, this will increase the utility of the Komodo platform and thus bring more users and capital. This should increase the price in the long run. |
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Actually the USD price of KMD is probably about the same as the ICO price. BTC was worth half as much back then.
Not sure why people keep saying this. Is it to make yourself or others feel better about the current price? Sure, KMD price may be about the same in terms of USD, but I think it's more important to look at things in terms of BTC. After all, one of the objectives of SuperNET is to work with BTC to increase its value and thereby increasing the value of alts like KMD. If BTC goes up and Komodo goes down, that's counterproductive. Of course, the market doesn't always react this way. But I wouldn't consider BTC going up while KMD goes down or stays the same a good thing. If you base everything on BTC, unless you are the pump of the day, none can keep up with BTC when it is mooning. In regards to the price, there is nothing the dev team can do. Only a small amount of KMD is being traded at these prices so if you want to take that as a indicator that is the true value of KMD then nothing I say can change your mind. We have the most technically advanced anon tech on the market and we offer a value proposition that is beyond all other coins in the top 20-30 potentially. KMD is working towards a more stable and user friendly release but if KMD holders wants the price to increase, help us test it and spread the word. We will have marketing campaigns when the time is right but nothing beats word of mouth. |
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Any way to mine or get free???
There will be soon. Check out the KMD thread. |
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Is something wrong with the Iguana wallet 0.1.4?
When I input my wallet seed to log in I get the message "Opps ... something went wrong!".
Same message appears when I create new wallet and confirm the seed.
Days ago I successfully logged in.
The wallet is unstable. I hope the new version will fix this problem. It should |
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Good point. rephrase my usage of "spam attack" to "time period where the mempool has a lot of unconfirmed transactions"
I doubt whoever is responsible for the recent spike in transactions has taken the effort that we have to reduce the impact of dPoW transactions, and in fact they could well have designed their transactions to use up as much of the mempool as possible.
Fair enough. I guess the thing on everyone's mind (or at least my mind) here is what is happening during the times outlined with the green circles.  From what has been stated in this thread from the people with knowledge of Komodo, is that Komodo transactions aren't causing the spikes in the green circles. Can you say with confidence that Komodo transactions are happening with the same frequency during the times circled in red as the times circled in green? If so, then I'd say the title of this thread is appropriate. Obviously, something is happening during these massive spikes and I think most people involved with Bitcoin would like to know what it is (hence this thread). Many people claim it's simply "normal use" but I'm just not buying that. what is happening is that during the spikes komodo transactions are reduced due to nodes running out of usable utxo. and the max rate is about 100 per day, can never be much more than that so there is no way it is adding tens of thousands of tx in hours komodo is a responsible user of the bitcoin blockchain and we can taken great efforts to minimize the blockchain usage. In addition to that, we have been in testnet for over 3 months then mainnet for a month. If we were the cause then you would see a floor in the memory pool numbers for that duration, which you cant. |
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well bitcoin is decentralized and has clear rules about which transactions are valid and these rules are being abused. you can call it Delayed Proof-of-Work or Stress test or Political crap about block size or even it is the protocol and I like sending those transactions and in all cases the transactions are clogging the network causing a huge memory pool which the current block size without activation of any of the proposals can not handle.
and then it causes the fee war and users having to wait hours for their transactions to be confirmed.
you can right now make a small program and make 100,000 requests per second to bitcointalk.org and you aren't doing anything wrong TCP protocol allows you to make these requests but you are just DDoS attacking bitcointalk.org and making it inaccessible to other users.
What makes one users transactions "legitimate" and another users transactions not? They are valid tx's according the protocol, so obviously they can be sent. Looking at it from a "legitimate use" point of view, the transactions serve a purpose and aren't just created for no reason at all as in a spam attack. next time try reading the comment first and then come up with a better answer instead of just saying something to have said it. I have been careful about my choice of words. I clearly said the rules are being abused, if you don't know what abuse means check a dictionary, it doesn't mean illegitimate. Can you please provide where in the white paper abuse is defined? |
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...
IOW, Komodo is a parasite. phhttthhh to you. Well, Bitcoin is permissionless. This is just one consequence of this permissionlessness. As much as I find it distasteful. Frankly, I don't buy into the 'spam' narrative to begin with. There is no objective way of looking at a transaction, and classifying it as spam vs notspam. As long as it pays the fee that some miner would include it in a valid solved block, its valid. The beauty is, in a small block block chain, they will either be priced out by users willing to pay more than them, or they will have to increase their fees (and help secure the Bitcoin block chain) to continue using Bitcoin as their supposed network security (I say supposed because I personally don't think their model offers any real security at all, but I will admit I didn't bother to delve that deeply into it). In a large block block chain, they (and others) will have free reign to "abuse" the system with great ease. In such a scenario, I expect other measures will have to be implemented to prevent such "abuse" and before long the system will be unrecognizable. Well, no. In either a small block or a large block scenario, they have the ability to use the system. There may or may not be some relative expense barrier, but they can still use it regardless. While I want to think of it as 'abusing' the system, such an attitude would be in direct conflict with the 'permissionless' philosophy. In a permissionless system, anything that goes, goes. In one scenario, they have to compete to append the block chain (they pay their own way). In the other, they simply use it because it's there (while others pay the price). No. In both scenarios we would be paying fees to the miner. The fact you want to have a smaller block chain means high fees for everyone. That would mean Bitcoin will have less utility than it does now which means it would be worth less. In this case, small blockchain proponents are shooting themselves in the foot and making the miners VERY happy! |
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I feel sorry for those ICO investors, the price is 60% of ICO price who invested in bitcoin. Komodo will be next project like JL777's previous projects, the investors continue losing money, they learnt many times before, but still failed. You should learn more from this time, maybe he won't have one more ICO in this year, but maybe one in next year, who know? Before 2020, I think he will at least have another ICO, let us see. Don't feel sorry for them because when they invested in ICO, btc was almost half the price. So it is same whether you buy now or during ICO. BTC investors invested in bitcoin, so calculate profit/loss must be in bitcoin, not fiat. Earning in fiat is not the excuse or placebo of bitcoin losses. If you keep bitcoin and didn't invest in KMD, no doubt you wouldn't lose any bitcoins. Try accumulating the amount of KMD that some of the whales are holding and let's see where you take the price on your own...  I don't understand why some people will always refer to Whales when a price of a coin is dumping. In the case of Komodo the whales are the BTCD holder because they got free KMD at a ratio of 1BTCD to 50KMD what a deal BTCD was 0.003 btc, so the price of BTCD swap was 6000 sat, it seems that BTCD swap whales will dump more, because the current price is still higher than their swap price. R.I.P. for ICO investors. Originally BTCD was worth nothing, so BTCD holders that swapped are already infinity % up so can dump to 1 sat and still make a killing. |
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Try accumulating the amount of KMD that some of the whales are holding and let's see where you take the price on your own... I don't understand why some people will always refer to Whales when a price of a coin is dumping. In the case of Komodo the whales are the BTCD holder because they got free KMD at a ratio of 1BTCD to 50KMD what a deal They did not get free KMD. BTCD holders were going to have the tech that James envisioned, but as time went on the vision changed and superior code was used. Without the original supporters there would be no KMD today. |
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