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Author Topic: BTCD is no more  (Read 1321416 times)
jl777
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August 29, 2014, 12:38:33 AM
 #4981

I see a stuck withdraw in MGW:
WARNING: no valid withdraw address for NXT.16428641498035435291 5543652352699456484
it is for some big amount of BTCD and it looks like somehow the wrong version of GUI was used?

if you have NXT-BFSV-ETEC-TDAT-G4LZ9 PM me and we will get this sorted

http://www.digitalcatallaxy.com/report2015.html
100+ page annual report for SuperNET
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randallface
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August 29, 2014, 12:41:28 AM
 #4982

I see a stuck withdraw in MGW:
WARNING: no valid withdraw address for NXT.16428641498035435291 5543652352699456484
it is for some big amount of BTCD and it looks like somehow the wrong version of GUI was used?

if you have NXT-BFSV-ETEC-TDAT-G4LZ9 PM me and we will get this sorted

+1, a dev who cares
jl777
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August 29, 2014, 12:44:42 AM
 #4983

Hello folks,
(James I know your busy so you really dont need to answer this. Hopefully someone else will)


I apologise for my future noobery questions.
But think of it this way:  My answered questions will help
others who are new to this.


Question 1
As if your talking to a 3 year old, can someone tell me what does BTCD have over Darkcoin?

for the record Im definitely NOT a we vs them. I in fact have darkcoins to, and I bascially support
all crypto currencies. Were all in this together regardless of which coins were currently supporting.


Question 2
Staking, what is it. :
I asked this before but never got an answer I was able to understand.
However, something has changed within my wallet because it was open for  quite a few hours and
I saw that Im staking and earned a tiny bit of BTCD. So, does staking mean I have to keep my wallet
online all the time?
But now the message down at the right hand corners says im not staking becasue i dont have any mature coins??? Huh






What does 2FA have over a website acct?
At the high level you can view Teleport as extra privacy added to any coin. Even a coin with no anon at all, like BTC will get what I call corporate level privacy. Meaning unless you are subject to intense agency scrutiny, your data should be secure.

Now if you combine this with something like DRK, it becomes even stronger

Teleport is a key part of BTCD, but just one part. It is actually a combined revenue share stream from many different sources, so it has aspects of an income stock. It is of course a crypto. It enables supernetwork. It has jl777

I dont think any direct comparison of BTCD to other coin is really appropriate. BTCD is more than a coin, it is the center of a crypto unifying supernetwork that will bring more value to all crypto as each participating coin boosts the value of all the other coins. Add to this the ability to use BTC itself to bring in more fiat into crypto, which in turn helps all crypto

James

P.S. 8 hours you must wait for staking

http://www.digitalcatallaxy.com/report2015.html
100+ page annual report for SuperNET
chicken65
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August 29, 2014, 12:48:04 AM
 #4984

Thanks James,

Yeah I think I've got a better handle on it now.  Wink
So, I take it that in some way other coin devs would licence your technology/code if they want the features you mentioned.

jl777
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August 29, 2014, 01:03:06 AM
 #4985

Thanks James,

Yeah I think I've got a better handle on it now.  Wink
So, I take it that in some way other coin devs would licence your technology/code if they want the features you mentioned.
Actually I am working out the details so that users who are plugging into the supernetwork will get some revenue sharing. There will be offsetting credits and debits, but as long as the usage is normal users should be getting some rebates.

James

P.S. The source of the money is not magic, but rather from the trade commissions and bet fees, etc. Of course these fees will be lower than what is possible from any centralized service for the same, so they save money on this while funding the rebates.

http://www.digitalcatallaxy.com/report2015.html
100+ page annual report for SuperNET
cryptillian
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August 29, 2014, 01:08:16 AM
 #4986

very off topic but dammnit i saw something about "the coinmill" posted or reff'd earlier today or yesterday on this thread but i found it at work so i could only look into it briefly and on mobile but from what i did saw it was a must read to avoid scams and understand.. things does anybody know what i mean? i went back and forth 20 times for the last 15 pages.
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August 29, 2014, 01:17:14 AM
 #4987

James,

Don't want to sidetrack you too much, but your posts are interesting to read.


what are your thoughts on BitsharesX?

Do you see it as a competitor of NXT and BTCD?
Because of the TITAN anonymity and assets features.


Was thinking on putting 1/6 on BTSX, 1/6 on BTCD and 1/6 on BTC.
Leaving 3/6 of my fiat for maneuvering / recouping losses.


jl777
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August 29, 2014, 01:27:08 AM
 #4988

James,

Don't want to sidetrack you too much, but your posts are interesting to read.


what are your thoughts on BitsharesX?

Do you see it as a competitor of NXT and BTCD?
Because of the TITAN anonymity and assets features.


Was thinking on putting 1/6 on BTSX, 1/6 on BTCD and 1/6 on BTC.
Leaving 3/6 of my fiat for maneuvering / recouping losses.



avoid btsx, holographic peg is not solid, just a matter of time before chainreaction selling makes it crash
TITAN is alias system more than anon, bitshares aggressive marketing
dont take my word for it though, a guy a LOT smarter than me made same conclusion:
https://bitcointalk.org/index.php?topic=298677.msg3199026#msg3199026

http://www.digitalcatallaxy.com/report2015.html
100+ page annual report for SuperNET
jl777
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August 29, 2014, 01:27:51 AM
 #4989

0x107834a00 create    0.00010000 height.630866    LTC LbyWaKvRLTpwP88YZ6MucwdzQUpd9dQYA6 b90b4a4d345b994b93613c17b83f093f9f28028513841ff87fa65d87d80b547e/vout_1

The first non-BTCD telepod has been created

http://www.digitalcatallaxy.com/report2015.html
100+ page annual report for SuperNET
cryptillian
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August 29, 2014, 01:28:55 AM
 #4990

HELLO FUTURE!  Smiley
jl777
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August 29, 2014, 01:30:46 AM
 #4991

James,

Don't want to sidetrack you too much, but your posts are interesting to read.


what are your thoughts on BitsharesX?

Do you see it as a competitor of NXT and BTCD?
Because of the TITAN anonymity and assets features.


Was thinking on putting 1/6 on BTSX, 1/6 on BTCD and 1/6 on BTC.
Leaving 3/6 of my fiat for maneuvering / recouping losses.



avoid btsx, holographic peg is not solid, just a matter of time before chainreaction selling makes it crash
TITAN is alias system more than anon, bitshares aggressive marketing
dont take my word for it though, a guy a LOT smarter than me made same conclusion:
https://bitcointalk.org/index.php?topic=298677.msg3199026#msg3199026

if you are USA resident then
https://bitcointalk.org/index.php?topic=298677.msg3232861#msg3232861
might show you how you can make a good return, but it is long road

http://www.digitalcatallaxy.com/report2015.html
100+ page annual report for SuperNET
jl777
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August 29, 2014, 01:38:19 AM
 #4992

Not sure if I mentioned, the local encryption/decryption is debugged. Actually it just worked the first time, so I didnt really have to debug it, maybe that's why I dont think I posted about it.

I did make some simplications, but also a new requirement that each coin must have a "pubaddr" and that when you are teleporting coinX, it will end up encrypted with the coinX's pubaddr. I just realized this might have created a bug with the sending to BTCD pubaddr.  I just dont think it is practical to have a different pubaddr for each coin that you will be getting telepods with. What a mess. This way, all teleports are sent to BTCD pubaddr and it ends up in the proper coin's encryption sequence.

James

http://www.digitalcatallaxy.com/report2015.html
100+ page annual report for SuperNET
jl777
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August 29, 2014, 01:42:25 AM
 #4993

Not sure if I mentioned, the local encryption/decryption is debugged. Actually it just worked the first time, so I didnt really have to debug it, maybe that's why I dont think I posted about it.

I did make some simplications, but also a new requirement that each coin must have a "pubaddr" and that when you are teleporting coinX, it will end up encrypted with the coinX's pubaddr. I just realized this might have created a bug with the sending to BTCD pubaddr.  I just dont think it is practical to have a different pubaddr for each coin that you will be getting telepods with. What a mess. This way, all teleports are sent to BTCD pubaddr and it ends up in the proper coin's encryption sequence.

James
It looks like the code is properly separating the delivery coin destination from the telepod cointype, but really need a live test to make sure.

Still waiting on the release, running out of things to do. I guess I will look into changepods as it seems we will need those.

James

http://www.digitalcatallaxy.com/report2015.html
100+ page annual report for SuperNET
Timevortex
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August 29, 2014, 01:45:45 AM
 #4994

0x107834a00 create    0.00010000 height.630866    LTC LbyWaKvRLTpwP88YZ6MucwdzQUpd9dQYA6 b90b4a4d345b994b93613c17b83f093f9f28028513841ff87fa65d87d80b547e/vout_1

The first non-BTCD telepod has been created

This is awesome news !!!. Great job James!
jl777
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August 29, 2014, 01:57:34 AM
 #4995

I took a look at the price and it seems the whales have stopped their silly games!
This allows the price to build a nice solid base at .009 and like a foundation for a building, the taller the building you want, the wider the base should be.
Unless you make it out of superstrong materials from the future Smiley

The longer term average has finally caught up with the price and for most coins, it would be going into negative territory during this consolidation phase. But as has been the case, BTCD's "down" cycle is just going sideways.
A 10:1 buy vs sell ratio and this looks like actual people bids, not silly bots, so with support like this it gives nice confidence for traders to come in.

Now some people say we are down from ATH of .012, but really all the .01 to .012 stuff started when somebody bought out the entire polo sell side up to .025 or something like that and this rippled to the other markets. If you ignore these whale games and draw a smooth long term line you will see BTCD is making nice "turtle" like progress.

So while it is quite fun to see the trampoline clown (and profitable now we know the game), the real progress is the turtle just making steady gains day by day. That is really the sustainable price growth, so if you just buy when it is at the long term green line and sell when the whale makes a big splash, then soon maybe you become the whale.

When you have something you can be confident in and it has a solid base, the risk level goes down as it approaches the support. Then you can estimate how high the trampoline games will take it and if the ratio of falling to the support vs. rising to the expected level is a minimum of 3:1, then you are going to be fine in the long run. Even if you are only right 1 of three times, you are still fine. If you are right 2 of 3 you are making nice gains.

Now if the ratio goes to some crazy 10:1 then you just need to be right a few times. Also the bigger of a gain you are waiting for, the less you are trading and the opposite the smaller gain, the more you are trading. Finding the right balance is tricky and depends on your risk tolerance, time availability, etc. The other thing is that if you do get over excited (not hard in this market) and end up buying at the higher end of the range, it means you need to wait for the turtle to catch up to you. So maybe you are on the sidelines for a while

James

http://www.digitalcatallaxy.com/report2015.html
100+ page annual report for SuperNET
cloudboy
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August 29, 2014, 02:01:09 AM
 #4996

If you ignore these whale games and draw a smooth long term line you will see BTCD is making nice "turtle" like progress.


Slow and steady wins the race!

I suck at daytrading, so even though I've been able to call most rises/falls in price, I'm not risking any of my investment. Hodl!
benthach
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August 29, 2014, 03:04:35 AM
 #4997

BitcoinDark with teleport
LOL

give it 1 more month

we will also see
BitcoinGreen --- the green no energy coin
BitcoinBlack --- the bitcoin black
BitcoinRed -- the communist China coin
BitcoinBrown -- the Latin coin ..........

btc wave rofl

coming soon...
BitcoinGreen -- BCG
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August 29, 2014, 04:55:37 AM
 #4998

running out of things to do. I guess I will look into changepods as it seems we will need those.
You can always copy+paste some of your local notes into your or the btcd wiki.
jl777
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August 29, 2014, 05:07:41 AM
 #4999

running out of things to do. I guess I will look into changepods as it seems we will need those.
You can always copy+paste some of your local notes into your or the btcd wiki.
i'd rather peel raw encrypted onions Smiley
remembered I still need to address the packet to the privacy server and not the actual destination as the only path to a random peer is via broadcast and no sense in using that unless absolutely necessary

Its just a few line that need to change, but has to be precise

http://www.digitalcatallaxy.com/report2015.html
100+ page annual report for SuperNET
threecats
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August 29, 2014, 05:17:41 AM
 #5000

Jame, asked this earlier, have not seen any answer:

Regarding telepod creation, you have noted several times that telepod creation will not be an attractive activity for all. Can you develop your ideas about this, what situations / conditions would make creation attractive, be it legal situation, economic entity, liability limitation, national jurisdiction etc.  Thx.
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