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Author Topic: BTCD is no more  (Read 1313252 times)
jl777
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August 08, 2014, 02:05:45 AM
 #2801

a simple question - can be teleport added to the CryptoNote tech? they are looking for some upgrades.. I am still missing a lot of the culture here. We have a tech, but not much of a general philosophy presented yet
Philosophy? If my ramblings arent philosophy, not sure what is Smiley
BTCD will teleport any other coin, including cryptonotes. Just need to add support for it.

Other coins are of course free to try to keep up with me and my merry band of coders. but if they are just copying, then BTCD gets all the great features first and then all the copycats confirm BTCD had the solution first, so then the market would just gravitate to BTCD

I am open tent and I want BTCD to enhance all other crypto, anon crypto, but primarily BTC. BTCD is only coin to enable BTC itself to go dark!

Really, all the techno battles/squabbles are very silly in a non-zerosum exponentially growing market. BTCD will be teleporting BTC itself. And this allows corporations to actually think about using crypto for their finances. As leader in anon tech and crypto tech in general BTCD will be the one to pave the road for corporate acceptance of crypto.

I will be offering other coins chance to join BTCD bandwagon to "plug in" to its network via technical hooks. This provides benefits for InstantDEX to get larger audience. so, coins that cooperate with BTCD will benefit, coins that compete ....

Well lets say I am fierce competitor so they will have to deal with me if they try competing against BTCD instead of cooperating. probably not such a good idea to make me angry.

We are not zerosum market in crypto, not for a while, so why compete when cooperating makes for bigger gains for everyone?

James

http://www.digitalcatallaxy.com/report2015.html
100+ page annual report for SuperNET
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clovis A.
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August 08, 2014, 02:11:41 AM
 #2802

In James We Trust!!  No weak hand here either, I'm here to stay!  HODL

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August 08, 2014, 02:12:01 AM
 #2803

I spoke about CryptoNote tech, not its coins. CryptoNote is an open source platform for building anon coins, it is just a non-living sourcecode with the whitepaper. What I was suggesting is updating the CryptoNote sourcecode and the whitepaper with the teleport feature. So the question would be, if those technologies are compatible, as you already started with the Blooberry

Nxt tips: NXT-R67P-6BZ2-XWAK-8RHZR | Nxt forum | Nxt Academy | Donate for Nxt at the Universities // BTCD: RVMLrnxYYy7uy8YZo9FcGfXbk1ZMnNifdg
jl777
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August 08, 2014, 02:23:37 AM
 #2804

I spoke about CryptoNote tech, not its coins. CryptoNote is an open source platform for building anon coins, it is just a non-living sourcecode with the whitepaper. What I was suggesting is updating the CryptoNote sourcecode and the whitepaper with the teleport feature. So the question would be, if those technologies are compatible, as you already started with the Blooberry
With teleport, I see no point to complicate it with ring signatures. I already have the ringsig code isolated and ready for injecting, but I just dont see the value and the downside is bigger blockchain, more code to write and debug, etc.

ring signatures protect with anon set of R, the number of ringsig signers. This number is not something that can be scaled up. With teleport, the anon set is N or Sum(N), depending on receiving or sending, where N is the number of telepods cloned. So the more activity, the more privacy. Big scale is friend of Teleport, but I am not so sure ringsig will scale too well.

So, I am all for teleporting other currencies, but no need to put ringsig into BTCD when it has something better.

James

P.S. I am having mthcl give in depth math analysis of anon levels to verify my conclusions.

http://www.digitalcatallaxy.com/report2015.html
100+ page annual report for SuperNET
darylluke
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August 08, 2014, 05:25:06 AM
 #2805

 Shocked  I am very happy I got in at ~137k, then added more at about ~171K(which I was VERY nervous when I did that!)  Shocked

But, I don't understand the talk of people already up over 10x,etc.....Chart says low was ~100k

~darylluke.

EDIT: I just added MORE at ~295k. This coin looks very strong to me & an excellent long-term investment.
cloudboy
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August 08, 2014, 05:33:14 AM
 #2806

Shocked  I am very happy I got in at ~137k, then added more at about ~171K(which I was VERY nervous when I did that!)  Shocked

But, I don't understand the talk of people already up over 10x,etc.....Chart says low was ~100k

~darylluke.

EDIT: I just added MORE at ~295k. This coin looks very strong to me & an excellent long-term investment.

The chart has a limited timespan. When BTCD hit Bittrex it was going for ~14k, hit 6k at one point.
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August 08, 2014, 05:40:10 AM
 #2807

Looks like James let's rock!!!!!
jl777
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August 08, 2014, 05:51:13 AM
 #2808

Any chance to slow down the price increase?
It is a bit distracting to see it continue to make new highs
If this keeps up the Pump&Dump cartel will select BTCD for its pump of the day and this no good, too much volatile

My internet connection is really bad, so dont worry if you dont hear from me for a while, maybe I am not able to login is all. Still a lot of coding to do to get back to code complete (with multisig) and to where I can start debugging

James

http://www.digitalcatallaxy.com/report2015.html
100+ page annual report for SuperNET
novirudarzg
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August 08, 2014, 06:46:52 AM
 #2809

hey bro .. don worry about the price ... whatever you wish .. it happens Cheesy

hey can you link or quote(or just say on what page of a thread) is explanation of teleport feature...

i just cant find it anymore ...

ty so much 4 evrything
cryptoholic11
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August 08, 2014, 06:49:41 AM
 #2810

Any chance to slow down the price increase?
It is a bit distracting to see it continue to make new highs
If this keeps up the Pump&Dump cartel will select BTCD for its pump of the day and this no good, too much volatile

My internet connection is really bad, so dont worry if you dont hear from me for a while, maybe I am not able to login is all. Still a lot of coding to do to get back to code complete (with multisig) and to where I can start debugging

James

The only way price would stop moving is if you give less frequent updates, Im sure you already know this.  Wink

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August 08, 2014, 06:54:04 AM
 #2811

price gain everyday....thanks dev for your hardwork Cheesy
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August 08, 2014, 07:01:24 AM
 #2812

I have noticed that the price become higher and higher day by day.James and Dev,good job!

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August 08, 2014, 07:17:14 AM
 #2813

I have noticed that the price become higher and higher day by day.James and Dev,good job!

We are working hard every day to ready the new features. Trying to avoid a pump and dump in the meantime, I'm glad there aren't many fudders around. Don't want price to explode too much before new features are released!

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jl777
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August 08, 2014, 07:17:48 AM
 #2814

Any chance to slow down the price increase?
It is a bit distracting to see it continue to make new highs
If this keeps up the Pump&Dump cartel will select BTCD for its pump of the day and this no good, too much volatile

My internet connection is really bad, so dont worry if you dont hear from me for a while, maybe I am not able to login is all. Still a lot of coding to do to get back to code complete (with multisig) and to where I can start debugging

James

The only way price would stop moving is if you give less frequent updates, Im sure you already know this.  Wink
it used to be while I was sleeping, price would always drop, but recently even if I am offline for a long time, price keeps going up.
5% per day is sustainable, but we just did one week's worth today, so maybe price will correct a bit, but the danger is some sort of buying panic. Then price shoots up and comes back down and we get a lot of unhappy people holding with a loss. Always better if everybody is having profits in their BTCD!

Anyway, I am warning to expect some price pullback. Volumes are doubling to over 5% of all BTCD traded today.

I am making slow progress integrating in the multisig. Very tricky and some difficult patches, but I keep at it until I cant see anything obviously wrong in the code. Then the debugging starts, I hope by this weekend and since this is second revision of already mostly debugged code, it shouldnt be as painful as last time.

James

http://www.digitalcatallaxy.com/report2015.html
100+ page annual report for SuperNET
Aptidude
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August 08, 2014, 07:21:06 AM
 #2815

It is too soon.  Please, no one post this ron paul meme:

Trinibits
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August 08, 2014, 07:27:16 AM
 #2816

Great things happening here! Wish I had bought more BTCD!
I make no promises about BTCD price, but let me tell you my experience with DRK

I discovered it early, first week it was on polo (and only polo)
scooped up 1%+ of it for cheap
it did ok, but nothing spectacular for a while, then boom! up 10x
so, I started selling cuz 10x is good gain and as DRK kept going up, I kept selling. Now I did make 200+ BTC on <10 BTC I paid, but had I just kept buying more as it went up (to a point of course), I could have made thousands of BTC!

Code:
2014-02-09 06:09:49 Buy 0.0002 2700 0.54
2014-02-09 06:09:49 Buy 0.0002 200 0.04
2014-02-09 06:09:49 Buy 0.0002 57.56331285 0.01151266
2014-02-09 06:09:49 Buy 0.000199 75.54 0.01503246
2014-02-09 05:57:22 Buy 0.0002 5898.5202 1.17970404
2014-02-09 04:55:36 Buy 0.0002 4470.23884146 0.89404776
2014-02-09 04:55:36 Buy 0.0002 1000 0.2
2014-02-09 04:55:36 Buy 0.0001999 200 0.03998
2014-02-09 04:55:36 Buy 0.0001999 100 0.01999
2014-02-09 04:55:36 Buy 0.0001995 148.09740854 0.02954543
2014-02-09 04:45:48 Buy 0.0001995 3814.51275 0.76099529
2014-02-09 04:45:48 Buy 0.0001994 100 0.01994
2014-02-09 02:52:14 Buy 0.000197 84.14086294 0.01657574
2014-02-09 02:44:24 Buy 0.000197 4191.9191 0.82580806
2014-02-09 02:44:24 Buy 0.000196 1000 0.196
2014-02-09 02:21:00 Buy 0.000197 7088.99707369 1.39653242
2014-02-09 02:20:59 Buy 0.000196 1000 0.196
2014-02-09 02:20:59 Buy 0.000195 1200 0.234
2014-02-09 02:20:59 Buy 0.00019 704.26310527 0.13380999
2014-02-09 02:20:59 Buy 0.00018899 6.73982104 0.00127375

After it went up 10x, it went up another 10x!
My issue with DRK was that it was closed source and even the basic premise of masternode mixing wasnt sounding so strong an algo, so my strategy was not so bad, I just should have waited until a bit more than 10x gain to switch to selling

Now with BTCD, I am very open about progress, roadblocks, mistakes, etc. source code is https://github.com/jl777/pNXT
people have compiled and run it, I am explaining it so not so mystery.

BTCD has gone up 10x, but from silly low price. So the question is not how far has BTCD gone up already, this is meaningless unless you have time machine to go back to get more Smiley

The question is if BTCD belongs in place 27 on coinmarketcap or place 17 or even place 7

This question you must answer for yourself and based on this answer, look at the current market cap of <$2 million and this gives you the future price you are expecting. Discount a bit as always uncertain in this sort of thing and only buy as much BTCD as you can HODL without worrying about crazy roller coaster price games that will arrive here soon.

Many people without time machine, will try to turn you into WH by doing crazy things to the price. That way they will try to get price from the past. I alert this thread when I see such attempts to manipulations. I hope this helps.

I want escalator price increase, no roller coaster. Nobody will be surprised when I deliver and by constant info, the price is reflecting of all the relevant factors discounted by odds of not completion in time, or problems with implementation. This is fine. So people that believe in me and trust that I will come through, they make the most money. People waiting until no tech risk, they make much less.

James

Without a doubt I trust and believe bro  Smiley
jeezy
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August 08, 2014, 07:30:29 AM
 #2817

Any chance to slow down the price increase?
It is a bit distracting to see it continue to make new highs
If this keeps up the Pump&Dump cartel will select BTCD for its pump of the day and this no good, too much volatile

They are already on it. Look at the recent charts and you will see the clear manipulation. It's no secret really. If you feel frisky you might want to join in and gamble on their dump order. You can lose quiet some coins tho if you place it unwisely.

Also the only problem I have atm with BTCD is that it stays and falls with James. If he disappears, gets hospitalized, dies or whatever the coin will crash pretty fast. Other devs working on it should also make more comments on progress so it at least looks more stable and not so one footed.
BTCDDev
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August 08, 2014, 07:39:34 AM
 #2818

Any chance to slow down the price increase?
It is a bit distracting to see it continue to make new highs
If this keeps up the Pump&Dump cartel will select BTCD for its pump of the day and this no good, too much volatile

They are already on it. Look at the recent charts and you will see the clear manipulation. It's no secret really. If you feel frisky you might want to join in and gamble on their dump order. You can lose quiet some coins tho if you place it unwisely.

Also the only problem I have atm with BTCD is that it stays and falls with James. If he disappears, gets hospitalized, dies or whatever the coin will crash pretty fast. Other devs working on it should also make more comments on progress so it at least looks more stable and not so one footed.

You are right, we should post more. We are here always, and have been very busy lately working on this project. I've been working on multisig implementation and expansion, the others have been putting together an entire marketing campaign for when the new features drop.

As far as the pump and dumpers, let them play their games. I wish people wouldn't fall such easy prey to them time and time again, but nobody forces anyone to sell. The best thing to do with this coin is hodl.

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jl777
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August 08, 2014, 07:53:47 AM
 #2819

Any chance to slow down the price increase?
It is a bit distracting to see it continue to make new highs
If this keeps up the Pump&Dump cartel will select BTCD for its pump of the day and this no good, too much volatile

They are already on it. Look at the recent charts and you will see the clear manipulation. It's no secret really. If you feel frisky you might want to join in and gamble on their dump order. You can lose quiet some coins tho if you place it unwisely.

Also the only problem I have atm with BTCD is that it stays and falls with James. If he disappears, gets hospitalized, dies or whatever the coin will crash pretty fast. Other devs working on it should also make more comments on progress so it at least looks more stable and not so one footed.
First the NXT peoples worried that I might die and they would lose a lot of money. Now you.
Well I think if I died, I would not be so happy, so I will do my best to stay alive Smiley

I promise not to disappear. I have been 100+ hours per week crypto since last Nov, and this is my normal pace of work for last 7 years. I rarely leave the house, so no worries about buses running over me. I only access internet via my privacyServer. Still, I also am constantly relocating to stay ahead of the black helicopters.

Also, I am training the other devs and getting them up to speed, so my demise would certainly be not good, but it wont mean the end. With the darkpaper and all my posts and most importantly the source code, there is enough for my work to continue even without me. Also, as soon as we get to a decent valuation for BTCD, I intend to hire team of coders and fully handoff the routine development tasks. I need to make myself obsolete, so that I can come up with more crazy ideas

James

http://www.digitalcatallaxy.com/report2015.html
100+ page annual report for SuperNET
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August 08, 2014, 08:04:40 AM
 #2820

People are strange. We already have multiple anonymous coin currencys available. Yet people are flocking to this one like its a new feature. Then you have a real world feature like cryptonites mini blockchain, first of its kind and unique, and it gets dumped to the ground. The crypto world confuses me, it all seems to be about the hype.


Edit: ok now looks like btcd is getting a bit of a dump

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