BTCD is no more

[ASICHEAD]

My hands are sweating, but I am not selling. This is truly a long term coin. If aurora reached $70 with no development whatsoever BTCD should at least be $50 with all of its functionality and an anon credit card in the works

Exactly, BTCD Will be Sit in Second Place of Market Cap's List  Very Soon.
Because LTC Will Die and BTCD Going to Moon  

[Luckylui]

A staking mobile wallet would also be a great development if the devs put one together

[Trinibits]

I wonder what James' technical analysis of what's currently happening to the price of Btcd

[crackfoo]

BitcoinDark by xpool - The Official BTCD Multipool

http://btcd.xpool.ca

PROP reward system

BTCD Payouts

Scrypt & SHA256 & X11 Algo's

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To mine:

Get Started

Shift Profit History

How does it work?

xpool offers 3 different sets of coins to mine. SHA256, Scrypt and X11. Each algorithm runs on a shift (see below). The confirmed coins are traded on the top 4 exchanges throughout the duration of the shift automatically to maximize the profits by exchanging them into BTCD and creating buy pressure in the BTCD markets! Once the shift ends, the shift is moved into "Confirming" status while all the coins are confirmed as successfully traded and exchanged, the BTCD payments are sent.

Current shifts run 24 hours, Monday - Friday and end at 7PM Eastern each day except Saturday & Sunday. The weekend shift ends on the Monday. Payments are then finialized and typically complete 2-3 hours after a shift ends.

The advantage of the pool is that you can utilize your any GPU, CPU and older ASIC equipment to earn you the more desired BitcoinDark.

Cheers and Happy Hashing!

Port	Algo	Example
3500	SHA256	stratum+tcp://mine.btcd.xpool.ca:3500 -u <BTCD address> -p ANYTHING
3600	SCRYPT	stratum+tcp://mine.btcd.xpool.ca:3600 -u <BTCD address> -p ANYTHING
3700	X11	stratum+tcp://mine.btcd.xpool.ca:3700 -u <BTCD address> -p ANYTHING

Donations welcome or tip me, crackers, on IRC!

Any issues, please report them here or feel free to PM me, as I can't always see every post.

could use some more X11 on the multipool, payouts later tonight in the 200+ BTCD range.

What is the overall payout per Mh/s? I am thinking of tossing my 3Mh/s @ it..

hard to put a finger on it with the ever increasing price but here are some stats of my miners:

http://btcd.xpool.ca/miner?worker=RDTVREbjF5JeyteiHd9Q6Q5hJRgEnuwrkV

and global:

http://btcd.xpool.ca/profits

[jl777]

Maybe we should also translate to some other major languages?

Shall I get some price quotes from professional high quality translation services or is it not necessary to translate into more languages atm?

I think we are OK for now, though if we have volunteer translators that would be great

I really doubt that we will find people who do it for free as it is a lot of work and requires someone at least semi professional. I think we dont need it right now, english and chinese should be enough for a while.

I am a native spanish & english speaker... dont know if that will help but Id translate it for free.

Spanish DarkPaper would be great!

[chicken65]

Are you guys still buying more BTCD even now ?

I am, and for sure others are.

[jl777]

James,

Do you think BTCD can pass NXT with marketcap?

I am guesstimating a price oscillation level around 50% NXT marketcap, but with BTCD success, it pushes up the NXT marketcap, so there should be some sort of dual climbing of the two currencies.

A crude model would be that BTCD will have NXT features, but relies on NXT for them, but it also has its own features, so maybe (50% NXT) + X%, where X% is the valuation of the features beyond NXT. So even if NXT value drops, BTCD still has the X% (currently around 18%)

Then you add in the discounted lifetime cashflows of the dividends (as estimated by the market)

(50% NXT) + X% + (estimated lifetime dividends)*(discount factor)

The discount factor is typically using long term interest rates, but I think this is crypto so it should reflect the bigger risk and also bigger potential. I guess I have no idea what the right discount factor is

Anyway, that is a simple model to use for BTCD value. Price is up to market at any given time and should oscillate around the value in some sort of analogue to a damped harmonic oscillator, barring significant events of course

James

[PilotofBTC]

My hands are sweating, but I am not selling. This is truly a long term coin. If aurora reached $70 with no development whatsoever BTCD should at least be $50 with all of its functionality and an anon credit card in the works

When you are up 10x sell 10%. Now you are playing with house money.

[jl777]

Darkpaper is quite impressive,can those functions works out?

yes

[jl777]

Question: Why did BTCD set the max coin days unlimited?

Code:

unsigned int nStakeMaxAge = -1; // BitcoinDark - unlimited

I dont know, i did not join the coin until after a week past launch
we did make some improvements in upcoming release though

If you are able to help with core dev, then we are very eager for such help!
My work is mostly outside the typical core of the coin.

James

[chicken65]

This can easily go up to 50-100 USD guys

Maybe thats wishful thinking?
Then again, I remember people saying Bitcoin was to expensive
when 1 was less than $10. 

[Mr.Joker]

This can easily go up to 50-100 USD guys

Maybe thats wishful thinking?
Then again, I remember people saying Bitcoin was to expensive
when 1 was less than $10. 

The community also gives value to a coin.

If nobody is willing to sell, this can be reached.

[jl777]

I wonder what James' technical analysis of what's currently happening to the price of Btcd

I already posted last night. I said if we broke through .007, that it would go up from there
the price is bouncing off the moving average and instead of a half cycle downwave, we are getting upwave followed by upwave and now the third upwave.

With most of the P+D money going into btsx, this is good as it is slowing down the breakout. As long as everybody keeps saying it cant keep going up and it has to come down, then it will keep going up. When everybody starts saying BTCD to da moon, that is the time to sell a bit to get some BTC on the sidelines for the correction

go to bittrex, look at the 1 week chart's green line.
that line is steadily inclined upward
the usual weekend doldrums where volume goes away and price drops, was instead a slower rise and this is just the weekday money flowing in to catch up with weekend's rise

Like I said a lot of money came in at .006 to .007, will that money be happy with 15% gain?
Be careful though, when that new money decides to cashout, we will see a drop of 20% to 30% pretty quickly, so if you are playing the day trading game and not hodling, just do it with money you can lose, or better yet just do it with funds you dont mind having 25% loss on paper and can hodl through the correction.

Above .01, we will hit some really strong resistance. I cant imagine continuation of the recent percentage gains much past that (other than buying panic that maybe hits .012), at least not until teleport tech is out. Then another revaluation. Then when we get some recognized expert to validate teleport, not sure what will happen

James

[darkslash]

This can easily go up to 50-100 USD guys

Maybe thats wishful thinking?
Then again, I remember people saying Bitcoin was to expensive
when 1 was less than $10. 

The community also gives value to a coin.

If nobody is willing to sell, this can be reached.

just wait till the darkmarkets get a hold of this. the moment the darkmarkets got word of darkcoin planning on being anon, the market cap hit 80million. and that coin wasnt even truly anon. btcd is, we are taking litecoins spot, no questions shal be asked. its happening.

i dont mean to put a negative spin on this currency, but hey, come on, were not stupid, bitcoin is used primarily for large drug traders on the darkmarkets. the word dark implies shady, anon-debit cards? why you want anon? so your mom cant see that you brought undies online? no, this is the drug currency, anon transactions, and anon debit card for cashing out on your sales. hasnt been offered up untill now. This coin will take litecoins position within a few months. bitcoin is slow, flawed and transparent. BTCDARK is everything people want bitcoin to be. i dont think you guys realize what is arising here.

[jl777]

My hands are sweating, but I am not selling. This is truly a long term coin. If aurora reached $70 with no development whatsoever BTCD should at least be $50 with all of its functionality and an anon credit card in the works

When you are up 10x sell 10%. Now you are playing with house money.

10% at 10x is sound advice
never lose money!
this way you always have a bit more money.
some sell 50% at 2x or 33% at 3x, etc.
all depends on how early you discovered BTCD

[jl777]

This can easily go up to 50-100 USD guys

Maybe thats wishful thinking?
Then again, I remember people saying Bitcoin was to expensive
when 1 was less than $10. 

The community also gives value to a coin.

If nobody is willing to sell, this can be reached.

just wait till the darkmarkets get a hold of this. the moment the darkmarkets got word of darkcoin planning on being anon, the market cap hit 80million. and that coin wasnt even truly anon. btcd is, we are taking litecoins spot, no questions shal be asked. its happening.

i dont mean to put a negative spin on this currency, but hey, come on, were not stupid, bitcoin is used primarily for large drug traders on the darkmarkets. the word dark implies shady, anon-debit cards? why you want anon? so your mom cant see that you brought undies online? no, this is the drug currency, anon transactions, and anon debit card for cashing out on your sales. hasnt been offered up untill now. This coin will take litecoins position within a few months. bitcoin is slow, flawed and transparent. BTCDARK is everything people want bitcoin to be. i dont think you guys realize what is arising here.

well, actually some people do
I also will move big portions of real world trading into crypto the "light" market is also quite large

[jl777]

My hands are sweating, but I am not selling. This is truly a long term coin. If aurora reached $70 with no development whatsoever BTCD should at least be $50 with all of its functionality and an anon credit card in the works

Exactly, BTCD Will be Sit in Second Place of Market Cap's List  Very Soon.
Because LTC Will Die and BTCD Going to Moon  

please calm
I said BTCD > LTC, but LTC will be dropping to 4 to 6th place
long term after all the features are working, with Privatebet being the last of the current projects completed, then I would feel OK with being > LTC

[darkslash]

This can easily go up to 50-100 USD guys

Maybe thats wishful thinking?
Then again, I remember people saying Bitcoin was to expensive
when 1 was less than $10.  

The community also gives value to a coin.

If nobody is willing to sell, this can be reached.

just wait till the darkmarkets get a hold of this. the moment the darkmarkets got word of darkcoin planning on being anon, the market cap hit 80million. and that coin wasnt even truly anon. btcd is, we are taking litecoins spot, no questions shal be asked. its happening.

i dont mean to put a negative spin on this currency, but hey, come on, were not stupid, bitcoin is used primarily for large drug traders on the darkmarkets. the word dark implies shady, anon-debit cards? why you want anon? so your mom cant see that you brought undies online? no, this is the drug currency, anon transactions, and anon debit card for cashing out on your sales. hasnt been offered up untill now. This coin will take litecoins position within a few months. bitcoin is slow, flawed and transparent. BTCDARK is everything people want bitcoin to be. i dont think you guys realize what is arising here.

well, actually some people do
I also will move big portions of real world trading into crypto the "light" market is also quite large

Oh of course, yes this is still highly usable in the real world without the shady spin to it. for example if employer wish to pay there employees in bitcoin, everyone can see all accounts and who gets paid what, with BTCD this flaw is fixed. i mean bitcoin itself is rather flawed, i mean imagine the whole world having access to your bank statements, its not right. i firmly believe this will be huge, its a giant leap for crypto, and judging by the order books, and no one is selling, other people realize this too. this has to be some kind of record, when other coins hit this cap, everyone is frantically trying to dump. nope not btcd.

you guys look up to bitcoin and think 6.6 billion, wow, huge money, no its pocket change. its nothing in this world, a tiny portion. and considering bitcoin is only just started to be widely accepted by the public. give it time, who knows? bitcoin could have 100 billion, and bitcoindark could have bitcoins current cap of 6.6 billion.

6billion is just a scrounge of change, small companys that you have never even heard of have 20billion dollar market caps. heard of smiggle? diddnt think so, its a basic little company that make colorful pencils and other irrelevant items, well they have a 1billion dollar cap.

[torshammer]

James, do you have some way of seeing into the order book above 1 or is this your instinct, just wondering.

Also, i don't think it should be underestimated the shockwaves that will be created by successful teleport launch. You are really kicking the legs out from under a number of coins. Entire portfolios will be on the move. The smart ones early. Jmho.

[SpringfieldM1A]

My hands are sweating, but I am not selling. This is truly a long term coin. If aurora reached $70 with no development whatsoever BTCD should at least be $50 with all of its functionality and an anon credit card in the works

When you are up 10x sell 10%. Now you are playing with house money.

10% at 10x is sound advice
never lose money!
this way you always have a bit more money.
some sell 50% at 2x or 33% at 3x, etc.
all depends on how early you discovered BTCD

Well im feeling all Klingon, because I am holding since 20k satoshi.. 10% might be sound advice, but I am not in need of the money. I do appreciate the advice but I feel uneasy selling, not out of greed but out of principle, btcd is still undervalued imho. It should be in the top 5 and it will get there, a rocky road perhaps but it will be.