BTCD is no more

[asnghost]

Hey everyone, this is kind of a re-post from last night.  

I love price watching too, but I'd like to keep us focused on development as well.




Call to action!

Alright everybody, James is making real progress and will continue to do so on the technical advancement of BTCD.

I would like to ask the communities support in ramping up marketing activities.  

We need people to help spread the word.  Get on social media, re-tweet our messages.  Let crypto oriented news outlets know about our progress.

Some basic things that we should be doing:

-contact more media outlets (If you have any special connections to any media outlets, please put in a word)

-create a more professional looking website (IceColdTommy has said he will develop the website)

-find someone that can do HTML5 and is willing to start building an html wallet

-come up with a unique name for our "wallet", which will be able to do trades, bets, privatesends, asset exchanges

-improve the logo


Whatever else you guys can think of!

I will start work on website tomorrow morning, I will start with template and as soon as I finish it willvpost it for community opinion

Awesome, thanks ICT.  I'm pumped to see what you have in mind.

awesome, things speeding up here!

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[qiwoman2]

I bought a quarter of a btc worth @ 0.0008999 is that still cheap?

[damiano]

Okay this feels like a pump now..

70K was about right

[Azeh]

Updated and reorganized the OP!

[teamcryptonator]

Hey guys!

We have just added BitcoinDark to Cryptonator so now you can use all its free features

• Convert it to any other crypto or fiat using converter
• Check progress with Winners & Losers
• Track value of all owned coins using Portfolio
• Find Exchanges which trades BTCD
• Place fully customizable price tickers on your website

Should you own an iPhone or an Android device, we also have all these in our free mobile apps for iOS / Android

Cheers

[Mr.Joker]

Okay this feels like a pump now..

Also my feeling, Think it's going down hard....

But there is almost no volume to buy, so with a few btc you can create huge price increase

[ralexvalex]

Price predictions anyone?

1BTC in 3 months

We all know there is no ceiling. High quality coding, widespread popularity and limited supply can trow this one into stratosphere. If community continue working as hard as now, BTCD can go very far.
I am staking from the start, I guess my wallet staked first here. Still buying after selling other alts and of cause I'm here for a long run. Good job guys. And for the name, how about simple "HUB"?

[mikesbmw]

Okay this feels like a pump now..

Also my feeling, Think it's going down hard....

But there is almost no volume to buy, so with a few btc you can create huge price increase

Yup, although I did some small uphill trading and I normally never do predictions, but my guess is that this is going to come down (hard)...
But on a positive note: this is just a small tasting of what is to come 

[qiwoman2]

great I bought and sold for a small profit and going back in long term to get more coins on the way down..

[damiano]

Okay this feels like a pump now..

Also my feeling, Think it's going down hard....

But there is almost no volume to buy, so with a few btc you can create huge price increase

all my ask's were bought so i duno.

seems like it's gonna tip going down any moment.

[qiwoman2]

yeah it's going down coz one idiot put 4 btc sell order lol..I really believe some of trading done is retarded.

[damiano]

i just put in a bunch of bids around 60-75k

we will seee

[IceColdTommy]

@cloudboy I saw you will make merketplace, I think we should join forces and place everything on one big portal, same goes for everyone that can contribute to join together I can also set the basics for online wallet, I have most of the functions already written

[Mr.Joker]

This rise in price is no normal growth, it's doomed to be dumped again.

[qiwoman2]

It's a shame really how one whale or pump and dump group can manipulate the prices lol very annoying..

[mikesbmw]

It's a shame really how one whale or pump and dump group can manipulate the prices lol very annoying..

No group needed for this, look at those tiny buy and sells.
If you've got a few BTC to play with than Bob's your uncle 

[Azeh]

It's a shame really how one whale or pump and dump group can manipulate the prices lol very annoying..

Don't worry, at some point those same whales will get burned when new developments take place and their low buy orders don't get filled.  It's called missing the train and I'm sure it's gonna happen to some traders that get a little bit greedy.

@IceColdTommy and Cloudboy, yeah I think there is room for you guys to work together on the wallet, since it will be integrated into the website as well.

Let's keep the development discussion going!

[qiwoman2]

It's a shame really how one whale or pump and dump group can manipulate the prices lol very annoying..

No group needed for this, look at those tiny buy and sells.
If you've got a few BTC to play with than Bob's your uncle  

Yeah i wish I had enough to eat that wall lol before it went down 1k sat.. Yes I want to hold for the long term DEV.. This coin rocks.. I am trying to trade to get more lol

[jl777]

How to maximize your staking income

The staking is a bit tricky. After you wait for the coins to start staking, you will notice that when you do get a "mining" tx coming in, then your power is reduced temporarily. I havent dug into all the details, but the following is a practical way to minimize the downtime.

You need to make N addresses, make sure to backup the wallet after you do this as this generates new private keys, so an old backup wont have them all.

Make sure you enable the "display coin control" option in preferences

Now comes the tricky part. Most of you probably have all your precious in a single address. This means that whenever you get a new block, you have to wait. So, we need to spread the balance evenly to the N addresses. To do this, you need to control the inputs, so do a send to your first new address and to do this you need to click the inputs button on the send dialog.

Select your big account as the input. Now when you send you will have to wait a block or two until your big address gets the change.

Keep doing this until all your addresses have approx the same number of coins.

You will have to wait a while before they kick into gear, but when they do, what happens is that only a fraction of your power goes offline when you get a block!

So if you split into 10 addresses, you lose 10% power for a bit. Not sure the full recovery time, but it seems to take a few hours, so the optimum number of addresses is based on how long on average you will get a block. Of course, if you have the time and patience to do this, you could just split it up into 100 accts and then only 1% goes into recovery phase at a time, but that is only worth it if you are a BTCD whale

James

[jl777]

This rise in price is no normal growth, it's doomed to be dumped again.

Missed out on the low prices huh?
Or maybe you were the one that dumped into my buy order

Good luck in trying to talk the price down. Your reason it will go down is because "rise in price is no normal growth". Super strong analytical skills, not!

Sure that makes sense, if there were 100,000 new BTCD mined everyday, but lets see the actual number is a bit smaller, something like 200 per day? Probably less, maybe someone can figure that out?

So we have basically no new supply. Less than 1.2 million, not sure we will even get past that by year end.
We have multipools that are buying and I would say they buy a bit more than 200 BTCD
So if you are familiar with supply/demand economics, this creates an upward pressure to the prices.

Of course, if long term there is no future to the coin, then eventually everyone will sell to get onto a better coin.

You say "doomed"
I say early days, just getting started, still tiny marketcap, oh, and there does seem to be a bright future for BitcoinDark!

James