It's a pump based on being on Mintpal tomorrow.  There's a far higher probability it will be dumped in the next few days than continue rising. When you take the pumps out of the coins chart, it's "typical" price is in the 5000-6000 range.

This is in the Op in big bold letters

**Anon-tech Development Underway**
https://bitcointalk.org/index.php?topic=684090.740 Post#746

The OP refers to this post regarding anon.
https://bitcointalk.org/index.php?topic=684090.740
That post seems to say it's an implementation of CN tech for anon. But was that dumped for Teleport now?



The BTC blockchain is what, over 8G now? That's really not something regular people would find acceptable.  There are some other coins that have implemented some things to try and deal with that sort of issue and so I was asking if BTCD has done anything or if it suffers from the same problem, that over time it will become something unrealistic for "normal" users.  Is there an alternative? Like with BTC they have SPV right?



I'm far from an expert on this stuff, but it's my understanding that there's a couple problems with PoS. The first being that those that hold the majority of the coins basically control the network. i.e. Like a 51% issue.  The other problem is that when people are staking, there's no economy going on. Sort of a catch 22 thing. You need people actually using the coins for it to gain wide spread acceptance and use, and yet you need people staking to secure the network. I recently read about some coin that was changing it in some way so that actually using the coin would increase your stake in some way.  There was also a paper out in June about Proof of Activity that I think tried to address these issues but it's a bit above my head at this point.  So basically I'm asking if BTCD has done anything like that or if it's the "typical" PoS.



After posting my questions I remembered the site bitinfocharts. If the data on there is correct, then the hashrate for BTCD is pretty low and I think there should be an effort to get more people staking or something.  If it's right, then BTCD has less hash than coins like XST and even LXC which I would think would be concerning.

That buy wall comes and goes depending on whether the coin is < about 9000-9100 or not. Don't think the person is putting it up to accumulate but to try and stop the coin from getting dumped down the way it has been in the past.

I was also comparing it to classic PoS coins like peercoin and what bitinfocharts is showing is huge numbers for BC compared to coins like that. So what they're showing is messed up?  Been trying to figure out what coins have some solid fundamentals and figure hashrate is a pretty important one.

What the heck happened with this coin on Aug 3rd? The hashrate just skyrocketed and if bitinfocharts is right, it's roughly 100x that of Litecoin.  I don't know much about some of these coins but near as I can tell from that site, BC would be maybe 3rd overall in terms of hashrate only behind bitcoin and namecoin.  That just seems so hard to believe.  Is there something odd about the BC hashrate?  I mean if it's real, that would make it the 3rd most secure network around wouldn't it? Assuming of course most of that hash isn't in the hands of just a few people/groups.

I have a couple questions about this coin related to more basic fundamentals as opposed to any sort of "gimmick" type things.

1. Unlike a few other coins that have anonymity, even if they're not currently trustless, BTCD doesn't have any anonymity yet correct?

2. What has BTCD done to overcome the BTC blockchain bloat issue?

3. Is the PoS in BTCD basically that the richest coin holders control the blockchain or has it implemented some alternate system to alleviate that problem.

4. How solid is the current hashrate in comparison to something like Peercoin? i.e. How secure is the network?

Think I'm going to have to check out that Boolberry coin despite the weird name.  The Monero people just seem far too fanatical and delusional.

Is this PoA in Node what was published back in June over here?

https://bitcointalk.org/index.php?topic=659275.0

If not, might need to change the name of it.

Proof of Activity (PoA) from back in June. Didn't read it to see if it's the same or not, but the term at least has been around now.

https://bitcointalk.org/index.php?topic=659275.0

Do you think we're all stupid?  You disappear back in February and since coming back all but one of your posts have been in this thread. Like anything you say can be believed.  lol

You haven't provided any proof. And any proof you might supply could be bogus as it's been insinuated "Ryan" fabricated his Titcoin screen shots.  Funny thing, even the current ones posted, if you check the times on Bittrex, it still doesn't work out properly.

Given your post history of being in a coins thread during a pump and then not being around after a dump, I think we can all figure out what's up with you.  Not to mention just how hard you're defending "Ryan" and shilling for him.


Hell no, when he existed Cloak, I ended up losing a little bit of money.  But even so, as much as he's not well liked etc, he does seem to really deliver.


Like I said. Good info in the thread, can't deny that.

So back on the 5th, "Ryan" sent some people a pick privately and said to buy under a certain price. If you did though, you quickly watched the price drop and, if you would have used stop loss orders etc, you would have been at a loss.  Couple days later, he sends out an update saying him and his group are in control of the coin and he gives a price range to buy into which is much lower than that first price.  Thing is, the coin never dropped to that level (had open buy orders just above his upper limit) when it finally started rising.  If you had bought in at the first price, the coin never went high enough to reach the gains he said it would.  And since it never dropped to the next level he said to buy in at, you wouldn't have got the gains either.  I did make some money though as I just played it on my own.

The end result though is that it lead me to believe that he was just hot air as he didn't control the coin the way he claimed they would and so when he came out with his group, there's no way I'd join it. Better to go with someone like Bob where you know exactly what he does and form what I can see, he delivers.

I just went and checked the charts again for that coin and it appears his first entry price was basically to get people in so he could dump on them.  There was another coin suggestion as well and when I looked at the chart last night, I noticed the same sort of thing. I had bought in where he suggested and watched it drop. I suspect he gave the pick in order to get more in to sell off his position. I was able to hedge my "bet" though so was able to minimize my loss. Checking the times on his PM to me, I find that it's right after both coins had been pumped up to a high.  Originally I was willing to give him the benefit of the doubt but now I'm convinced he's bogus.

So anyone that is going to pay him should be very careful.

The trading advice in the thread has been good though.

Holy smoke there sure are a lot of people overly hyping this coin right now.  Was wondering why it was going up in price so much and now I see it's just based on the Mintpal thing tomorrow.  I'll wait and maybe pick some up probably in the 7000 range Monday/Tuesday.. lol

Oh good lord.  Seriously?  After looking at your recent post history etc I can see where you stand.  But I'll say it more clearly. It was a dump to 801 which would have filled any orders at 813.  It hit that level once and only once and thus it was not possible to have put in a buy after the fact.  i.e. He didn't play out the trade the way he said, he had a buy placed at 813 ahead of time so the dump filled his order.  I know you're part of the group and all, but I'll just remind you of this post.

Yes, I do trade.  Yes, I played the "dip" as you call it.  But I'll say it again since you seem to be having a hard time grasping it.  It was impossible to have bought at 813.  The only way to have got the coin at that price is if you had placed a low ball order ahead of time.  Where exactly in what "Ryan" said he did for that play, did he say he placed a low ball order?  No.  He said he sat there watching things and when it started to recover, he executed his trade.  That was simply not possible.  It hit 801 and bounced so fast there was no way to have caught that with an order after the fact.

As I said, it was not possible to have executed a buy at 813 given how he said he was watching things, waiting for buys to come in, yada yada yada. So, if you guys are saying that he orchestrated the entire thing, you're basically saying what he's posting in this thread is lies.

There were no pools, no GPU mining and no exchanges for bitcoin back in the day. What shit are you on about?

Having sat through that dump (as can be seen by my post history in their thread), I know that there's no way you could have bought at 813. It was pretty much a flash crash and recovered so fast none of us could get our orders in. It dumped to 801 and you say you bought at 813? Sorry, but that simply wasn't possible with the way that actually occurred.

There was a temporary fork in the blockchain until it corrected itself and people started peeing in their panties and dumped a bunch of the coin.  Now it appears there's a bunch of people trying to FUD as they missed out on the chance to get some coins really cheap.