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Author Topic: [ANN] BitcoinDark (BTCD)--Financial_Privacy/SuperNET_Core/InstantDEX/PAX/Divs  (Read 1312031 times)
mikesbmw
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July 21, 2014, 09:16:56 PM
 #1661

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

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July 21, 2014, 09:18:23 PM
 #1662

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

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!

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July 21, 2014, 09:18:31 PM
 #1663

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

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

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jl777
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July 21, 2014, 09:38:25 PM
 #1664

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

http://www.digitalcatallaxy.com/report2015.html
100+ page annual report for SuperNET
jl777
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July 21, 2014, 09:47:57 PM
 #1665

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 Smiley

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

http://www.digitalcatallaxy.com/report2015.html
100+ page annual report for SuperNET
jl777
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July 21, 2014, 09:51:58 PM
 #1666

I didnt realize volumes at cryptsy was so high!
Also, we broke .001 price briefly there:

DRK/BTC    DarkCoin            68.6 BTC   0.01078000   0.01147000 BTC   0.01076488 BTC
BTCD/BTC    BitcoinDark    59.1 BTC   0.00095000   0.00105000 BTC   0.00036200 BTC

Almost same volumes as DRK!
And cryptsy is one of the top DRK volume places

I guess I should stop goofing off and get to work Smiley

James

http://www.digitalcatallaxy.com/report2015.html
100+ page annual report for SuperNET
salsacz
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July 21, 2014, 09:52:06 PM
 #1667

james: sorry https://twitter.com/search?f=realtime&q=bitcoindark%20pow%20pos&src=typd (for pump)  Cheesy I wanted exclusivity, not a pumpidity

I would like to thank to the 3 donators, of 260 BTCD sent coins. It is 0.02% of the currency. If stakeholders won't start donating like 1% of their stakes to the dev/marketing stunts, I see serious flaws with funding this whole project

Nxt tips: NXT-R67P-6BZ2-XWAK-8RHZR | Nxt forum | Nxt Academy | Donate for Nxt at the Universities // BTCD: RVMLrnxYYy7uy8YZo9FcGfXbk1ZMnNifdg
mikesbmw
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July 21, 2014, 09:54:36 PM
 #1668

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 Smiley

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
Perhaps I've grown accustomed to trading in larger numbers, but don't these tiny numbers (in BTC and BTCD) seem a little artificial?
I'm absolutely not trying to talk things down, because we all know where this coin is heading (and it ain't down)  Wink

NXT: Next Generation of Cryptocurrency http://nxtcrypto.org
NEM:New Economy Movement http://www.ournem.com/
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July 21, 2014, 09:57:41 PM
 #1669

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


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.


http://btcd.xpool.ca has been buying 300-400 a day and I expect that to continue to grow.

Cheers!

ZPOOL - the miners multipool! Support | Paid 1150+ BTC(2016) - 1800+ BTC(2017)  | Mining LTC/LCC/BCA/DASH/KMD/ZCL/RVN | UNBELIEVERCheck out our NEW website!

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jl777
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July 21, 2014, 10:06:09 PM
 #1670

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 Smiley

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
Perhaps I've grown accustomed to trading in larger numbers, but don't these tiny numbers (in BTC and BTCD) seem a little artificial?
I'm absolutely not trying to talk things down, because we all know where this coin is heading (and it ain't down)  Wink
150 BTC per day is close to NXT trading volumes, so not sure what you mean...

It might seem artificial to you, but thats all there is of BTCD and at 5% per year on <1.2 million coins its not like it grows on trees.
The other promising coins like XMR are being mined like crazy and that creates daily tens of thousands of coins that need to be sold to pay the mining fees.

Take away the selling pressure and any small continual demand will create a stable floor. Any news stories like salsa is getting keeps pushing things up. I am disappointed people are not donating more to him. Please fund salsa to get more PR, unless you dont like the higher prices and liquidity.

James

http://www.digitalcatallaxy.com/report2015.html
100+ page annual report for SuperNET
damiano
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July 21, 2014, 10:11:58 PM
 #1671

beautiful

sold at 92-95k

bought back at 73-77k

mikesbmw
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July 21, 2014, 10:14:16 PM
 #1672

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 Smiley

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
Perhaps I've grown accustomed to trading in larger numbers, but don't these tiny numbers (in BTC and BTCD) seem a little artificial?
I'm absolutely not trying to talk things down, because we all know where this coin is heading (and it ain't down)  Wink
150 BTC per day is close to NXT trading volumes, so not sure what you mean...

It might seem artificial to you, but thats all there is of BTCD and at 5% per year on <1.2 million coins its not like it grows on trees.
The other promising coins like XMR are being mined like crazy and that creates daily tens of thousands of coins that need to be sold to pay the mining fees.

Take away the selling pressure and any small continual demand will create a stable floor. Any news stories like salsa is getting keeps pushing things up. I am disappointed people are not donating more to him. Please fund salsa to get more PR, unless you dont like the higher prices and liquidity.

James
I'm not talking about the total volume, I'm talking about the single trades. It's mostly single or low double digits BTCD per trade. On average very small trades.
Perhaps it's normal and I'm seeing things that aren't there...

NXT: Next Generation of Cryptocurrency http://nxtcrypto.org
NEM:New Economy Movement http://www.ournem.com/
jl777
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July 21, 2014, 10:21:59 PM
 #1673

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 Smiley

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
Perhaps I've grown accustomed to trading in larger numbers, but don't these tiny numbers (in BTC and BTCD) seem a little artificial?
I'm absolutely not trying to talk things down, because we all know where this coin is heading (and it ain't down)  Wink
150 BTC per day is close to NXT trading volumes, so not sure what you mean...

It might seem artificial to you, but thats all there is of BTCD and at 5% per year on <1.2 million coins its not like it grows on trees.
The other promising coins like XMR are being mined like crazy and that creates daily tens of thousands of coins that need to be sold to pay the mining fees.

Take away the selling pressure and any small continual demand will create a stable floor. Any news stories like salsa is getting keeps pushing things up. I am disappointed people are not donating more to him. Please fund salsa to get more PR, unless you dont like the higher prices and liquidity.

James
I'm not talking about the total volume, I'm talking about the single trades. It's mostly single or low double digits BTCD per trade. On average very small trades.
Perhaps it's normal and I'm seeing things that aren't there...
Not sure what you are seeing, here is the top of bittrex:


SUM (BTC)   TOTAL (BTC)   SIZE (BTCD)   BID (BTC)
0.3028   0.3028   
400.00000000
0.00075700
0.4916   0.1888   
250.00000000
0.00075502
0.5108   0.0192   
25.60848229
0.00075155
0.8748   0.3640   
485.36087952
0.00075005
1.6248   0.7500   
1000.00000000
0.00075000
1.7248   0.1000   
136.05257071
0.00073501
1.9086   0.1837   
250.00000000
0.00073500
1.9107   0.0021   
2.87251898
0.00073001
2.6407   0.7300   
1000.00000000
0.00073000
2.8214   0.1807   
250.00000000
0.00072300

yikes, formatting is horrible, but all I see are 3 and 4 digit volumes

James

http://www.digitalcatallaxy.com/report2015.html
100+ page annual report for SuperNET
mikesbmw
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July 21, 2014, 10:22:03 PM
 #1674

beautiful

sold at 92-95k

bought back at 73-77k


Wow, what was up with that?!  Grin
Someone either made a mistaken, wanted to get rid of coins NOW or trying to push things down a bit (which didn't work).

Unfortunately I had my buys around 83000... Could have gone lower. Oh well, at least I didn't loose anything.

NXT: Next Generation of Cryptocurrency http://nxtcrypto.org
NEM:New Economy Movement http://www.ournem.com/
mikesbmw
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July 21, 2014, 10:29:54 PM
 #1675

Not sure what you are seeing, here is the top of bittrex:


SUM (BTC)   TOTAL (BTC)   SIZE (BTCD)   BID (BTC)
0.3028   0.3028   
400.00000000
0.00075700
0.4916   0.1888   
250.00000000
0.00075502
0.5108   0.0192   
25.60848229
0.00075155
0.8748   0.3640   
485.36087952
0.00075005
1.6248   0.7500   
1000.00000000
0.00075000
1.7248   0.1000   
136.05257071
0.00073501
1.9086   0.1837   
250.00000000
0.00073500
1.9107   0.0021   
2.87251898
0.00073001
2.6407   0.7300   
1000.00000000
0.00073000
2.8214   0.1807   
250.00000000
0.00072300

yikes, formatting is horrible, but all I see are 3 and 4 digit volumes

James
At the moment I'm seeing 6 out of 10 asks below 50 BTCD. Perhaps people trade in those small amounts. Don't know.
But gaining 20-25% in one hour and than loosing it again in one hour? This is probably why I don't trade often with new coins...  Wink

I mainly buy and hodl and buy some more.

NXT: Next Generation of Cryptocurrency http://nxtcrypto.org
NEM:New Economy Movement http://www.ournem.com/
damiano
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July 21, 2014, 10:34:02 PM
 #1676

beautiful

sold at 92-95k

bought back at 73-77k


Wow, what was up with that?!  Grin
Someone either made a mistaken, wanted to get rid of coins NOW or trying to push things down a bit (which didn't work).

Unfortunately I had my buys around 83000... Could have gone lower. Oh well, at least I didn't loose anything.

my first bid was @80k when I saw that dump only to 81K and i figured i should lower it and I got lucky.

got all my coins back plus i have extra btc now laying around
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July 21, 2014, 10:36:57 PM
 #1677

Pump is coming
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July 21, 2014, 10:39:05 PM
 #1678

Not sure what you are seeing, here is the top of bittrex:


SUM (BTC)   TOTAL (BTC)   SIZE (BTCD)   BID (BTC)
0.3028   0.3028   
400.00000000
0.00075700
0.4916   0.1888   
250.00000000
0.00075502
0.5108   0.0192   
25.60848229
0.00075155
0.8748   0.3640   
485.36087952
0.00075005
1.6248   0.7500   
1000.00000000
0.00075000
1.7248   0.1000   
136.05257071
0.00073501
1.9086   0.1837   
250.00000000
0.00073500
1.9107   0.0021   
2.87251898
0.00073001
2.6407   0.7300   
1000.00000000
0.00073000
2.8214   0.1807   
250.00000000
0.00072300

yikes, formatting is horrible, but all I see are 3 and 4 digit volumes

James
At the moment I'm seeing 6 out of 10 asks below 50 BTCD. Perhaps people trade in those small amounts. Don't know.
But gaining 20-25% in one hour and than loosing it again in one hour? This is probably why I don't trade often with new coins...  Wink

I mainly buy and hodl and buy some more.
Oh, you are talking about the ask side. Well of course, only WH is selling below .001 Smiley
And with so few coins, I am surprised to see the occasional 1000 BTCD lot for sale, very tempting for me, but I have enough now and I think better for more people to get a taste

James

P.S. I have yet to sell a single BTCD and dont expect to until we go above DOGE marketcap Smiley
Then I will sell some, maybe enough to buy a real Shiba doggie

http://www.digitalcatallaxy.com/report2015.html
100+ page annual report for SuperNET
damiano
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July 21, 2014, 10:48:38 PM
 #1679

Pump is coming

hmm maybe we will go back up, but i expect some further consolidation to occur around here first.

would be healthier to stay here for the time being then go up.

we are following the same path as darkcoin when they did there climb
jl777
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July 21, 2014, 10:57:36 PM
 #1680

For reference, I found a discussion between myself and AnonyMint. For those that know him, I dont need to tell you about AnonyMint. For those that dont, he is brutally honest, very smart and obsessive about anonymity. He worries about stuff like future Quantum Computers cracking all current day encryptions!

So, this thread gives some insight into where I was several months ago:
https://bitcointalk.org/index.php?topic=470987.msg5581647#msg5581647

Now many of the design details have changed, some thanks to AnonyMint's feedback. As he says the key is being able to trust your privacyServer. Everything revolves around this, so for the truly paranoid, the solution is to setup your own privacyServer. If you cant trust yourself, then who can you trust?

I suggest that people that want to setup privacyServers for the public to use to start preparing now. People will want to know you, to be able to trust you as their privacyServer provider. I will make it so that privacyServer nodes get a percentage of the business that flows through them, eg. InstantDEX commissions. You will also earn nodecoins just for running a node. The privacyServers will eventually need Ddos protection, decent bandwidth, enough RAM. Not sure of the exact specs, but considering the hardware BTCD community put together to get 3 petahashes(!!), I dont see a big problem in getting enough privacyServers setup.

So, it will be a hub and spoke topology and we need to get more hubs than DRK has masternodes. However, just having nodes is not enough, we need to have each hub have at least 10 active users, otherwise attackers can use timing and knapsack analysis to deanonynimize.

I am envisioning the privacyServer providing many services, for example I already have a squid http/https proxy automatic install script. This allows you to get subscribers for http proxy service, which runs about $5 per month. Probably best to charge less to get more customers.

James

http://www.digitalcatallaxy.com/report2015.html
100+ page annual report for SuperNET
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