It seems there is an interesting situation on Bittrex.
Buyers won't go above .004, Sellers won't go below .00439.
The result is that the vast majority of trades are < 5 BTCD.
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Rimbit is a scam, no doubt about it.
This just shows why CMC is a joke.
Currently at #13 with $5M cap with $47 24h volume?
If CMC allows that, then someone sell me $1 worth at $100 apiece and it'll have a market cap of around $11,274,068,181.
Look, it's higher than Bitcoin!
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BTCD will be the reference currency for the InstantDex decentralized exchange, which is nearing completion. This will allow a large liquidity aspect no matter which pairs are being traded. Dividends from InstantDex and Supernet both flow into BTCD. In addition, the BTCD teleport system will serve as the main anon backbone for the entire SuperNet ecosystem.
Most of this has been happening well under the radar - out of sight of this forum - since the SuperNet / BTCD community works in a decentralized Slack-based structure (currently around 400 active participants, 100 channels). The recent implosion of BTER has led to a full court press on finishing both the GUI and the backend of the InstantDex decentralized exchange. The current activity in the Slack is quite impressive to watch - both in the level of activity, and the decentralized mode it is all happening in.
The low liquidity for BTCD currently is a symptom of both a deep-set holding mentality among current investors - who are well aware of what's ahead for BTCD - and the disappearance of BTER, which was the most liquid exchange for BTCD. Add this to the fact that BTCD is being ruthlessly accumulated each time it drops below 4.
So the previous poster's advice is solid advice if the trading time frame is day trading. Viewing the longer time frame a different picture emerges.
That's true, and it makes me excited to be holding some
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Current marketcap: $ 1,272,762 and usually does decent volume. Not very liquid though, A LOT of hodlers. Basically all waiting for the release of SuperNET. The coin is fairly rare with only 1.2 million currently in existence. Is it undervalued? I suppose it depends on your view of SuperNET. For example: BTCD stakers will receive 5% of SuperNET dividends BitcoinDark's Teleport has been under development and has been positively viewed by many respected anon experts (Kristov Atlas is listed as a team member http://www.supernet.org/en/home-of-the-supernet/what-s-supernet/the-team/team-member-list/51-kristov-atlas) InstantDEX, the first actual Decentralized Exchange, will use BTCD as the reference currency for ALL trades. (mgwBTC is already seeing 3.1M Nxt+ volume/week) Thoughts?
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Come on, you've got to give more information than that OP!
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SuperNET looks promising, even when it's price is continuously dropping I think I'm going to buy a lot of SuperNET when it drops under 1$ Good luck
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Where is the XBridge source and what is the status?
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Idiot dumpers on bittrex...
Last week you didn't care about dumpers and you were even asking for people to dump...... now they're idiots. Why the sudden change of heart cloudboy No disharmony intended, I'm just always curious when someone does a 180 like that. 88,239Just because they are helping me out doesn't mean they aren't idiots. I've been buying hundreds of bitcoindark.
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Idiot dumpers on bittrex...
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Just bought 281 BitcoinDark
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BitcoinDark is so important to SuperNET, I think many people don't yet recognize this. To use Teleport and other features, you have to own BTCD. SuperNET is only built into BitcoinDark at the moment, and who knows if other coins will ever integrate it. I'm definitely buying.
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Hi fellow altcoiners,
How can we get more money, preferably from fiat, to flow into altcoins in general? This scene has really devolved into a limited money supply continually shrinking and moving from one coin to the next, without much new money ever being introduced.
Are crypto 2.0 coins like Nxt the answer? Or networks of coins like the SuperNET?
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Think about all the people using SuperNET who aren't holding any BitcoinDark; it's quite a large number. Now, wait until they want to start using Teleport to send money and make telepods for anonymous trading. Wait until they have to download Bitcoindark to have access to SuperNET (which is the case). These people are gonna want to acquire some btcd, and there are only 1.2 million. So yeah, let a dumper dump yall
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Who cares if someone wants to dump Bitcoindark? Just means cheaper coins. Someone announces his plan to dump coins before he does it...I call that an opportunity. Selling 100 coins a day discreetly would be much smarter. Once the big release happens, we are due for a massive increase anyway.
My point is: please dump your coins!
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@ralexvalex : What site is good for buying them?
thx all for help
About staking, few days ago my weight was 1 and it said expected time to earn reward is 1 hour Now weight is 26 and expected time 2 days o.O
Bittrex is a good place to pick some up.
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Nxt freemarket will do well. The next big online marketplace.
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Everyone should take a look at some of the supernet newsletters and see just what awesome things they are doing
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Momentum has to be bulid up. Hole alt world is missing fresh money. SuperNet is performing great and should be a basic investment for all alt traders. Happy to own some.
I agree. SuperNET has retained its value throughout the bear market. It's a no brainer and every altcoin investor should have some in his portfolio.
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Large price increase coming?
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