BTCD is no more

[Cryptohawk]

You invest in something with potential

The potential hasn't changed... That is why I'm asking.  Why are people investing even more as the price rises?  There's no real determining factor?

I realize that this comes off as fud, and it sort of is.  But I honestly want to know what makes these things tick to know what to look for in future investments.  There was no new news, no new announcements, nothing changed as far as I can tell.  Why did this explode?

maybe the press it got has something to do with it?
maybe <1.2 million coins?
maybe ~100 coins per day
maybe released dev meeting log?
maybe people actually understand what I am building?

Or it could just be random chance?

So you don't expect a crash? Do you expect continuous growth?

[jl777]

WTB 10000 BTCD @ .002

[jl777]

You invest in something with potential

The potential hasn't changed... That is why I'm asking.  Why are people investing even more as the price rises?  There's no real determining factor?

I realize that this comes off as fud, and it sort of is.  But I honestly want to know what makes these things tick to know what to look for in future investments.  There was no new news, no new announcements, nothing changed as far as I can tell.  Why did this explode?

maybe the press it got has something to do with it?
maybe <1.2 million coins?
maybe ~100 coins per day
maybe released dev meeting log?
maybe people actually understand what I am building?

Or it could just be random chance?

So you don't expect a crash? Do you expect continuous growth?

I expect volatility, possibily large volatility
So depending on your definition of "crash", maybe it does due to the volatility
We are talking about 1 million coins, probably only 400,000 that are actually being traded and $500,000 USD per day, so each BTCD is traded several times a day.
Anybody that says they can predict short term price under such whirlwind is lying.
Even my 85% accurate forex predictors wouldnt be able to get a very good accuracy for this sort of market.

Long term (measured in months), will BTCD be stuck at ~1 million marketcap?
Only if I fail to deliver the software

James

P.S. see my previous post

[jl777]

Is there a big plan?

Naaa... the usual:  Lots of big promises that never gets implemented at launch... followed by a pump and dump, and then we all move on to another coin...

When Satoshi issued his white paper, he took a year to release its implementation.  His promises where available at launch, not in a "near" future.

Fair enough. Plz wait until all the features are done to purchase BTCD.

[jl777]

Some good news for those of you frantically worried about the privacyServer knowing who you are communicating to.

I went through the code and realized that the privacyServer doesnt need to know the account of the sender. Of course it knows your IP address, but we already know how to use proxies to make the IP address pretty useless. Another way is to use a temporary acct that you create just for communicating to the privacyServer, and then when you send messages, you use your real account.

privacyServer sees traffic from a brand new temporary account with no history, it does see the destination, but if I bother to add a third onion layer, even this is pretty useless.

So, now you can not worry about your real account number being compromised by the privacyServer!

If there is anybody capable of reviewing C code, it would be nice to get an independent source code review to make sure I am not missing anything. PM me if you are interested. I want it to be someone arms length and presumably objective.

James

[will777]

i wish i have BTCs to buy a lot more

[will777]

hold my coins at 0.01 

[qiwoman2]

hold my coins at 0.01 

I am holding and got 1.6 th mining in multipool..

[p2pool.name]

Has anyone else not received a payout from http://BTCDPool.com  yet?

I have had 149 mazacoin sitting there for a couple days...which has not been paid out in BTCD ( aprox. 50 -60 BTCD).

I have no way of contacting the pool operator as the pool does not provide contact info. ( NOTE: I prefer email, or even phone, instead of other tools that some pools use. Old fart here lol.  )

no payout for me too!
did you succeed in contacting them ?

regards knauf1

[viking_coin]

That multipool is bogus.

With 200gh 24h of mining BTC equal ~0.005 per day,

I mined 24hrs on the multipool and received 0.6364 BTCD which roughly makes 0.0014

Whats the deal with that, seems like some shortage on the payout

[SpringfieldM1A]

James, your updates are like strange beautiful music. Strange because I can't fully comprehend the technicalities, beautiful because I know you are delivering non stop. I am not surprised the market cap held up so nice while I was sleeping. Keep working your magic, I only hold BTCD and XC because both coins have excellent devs to back up the claims. Investing in coins without proper devs is gambling, so I feel safe here.

[werum]

how you can tell at a speed of 600 GH , get only 1.6 BTCD?
http://btcd.xpool.ca lol

[jl777]

James, your updates are like strange beautiful music. Strange because I can't fully comprehend the technicalities, beautiful because I know you are delivering non stop. I am not surprised the market cap held up so nice while I was sleeping. Keep working your magic, I only hold BTCD and XC because both coins have excellent devs to back up the claims. Investing in coins without proper devs is gambling, so I feel safe here.

Thanks for the kind words. It helps especially when I am battling against some confusing bugs. All this onion routing stuff is messing me up. maybe because I am doing a loopback test, but I almost have it doing a query for a public key that comes back from the server. Once that is done, then I can finally encrypt the packet to the destination (ignoring that I still dont broadcast public keys, but that is not a worry).

Its basically just hooking up a tangled set of wires where all the colors are the same, but you need to match it up exact.

Ah, test run is done, gotta go

[jl777]

The code detected pubkey was missing so:

client sendmessage ([{"requestType":"getpubkey","NXT":"8989816935121514892","addr":"8989816935121514892","time":1406099070},{"token":"d79fth95u83cu087m4js5pr7oqktvg537dctmf7sclmv3thq7lq3ubpg6r172rg1672q8pjokm4t3gj j6pd7vts2inrrjb8vg14pau8dlg6ghe6i6o8rd4jan1qrvbu9nme1p1d6fg5ii04lo56md871vfualm rj"}]) len.279 to 1700913285397123524

8989816935121514892 is my test client
1700913285397123524 is the privacyServer

The server gets the above command and generates:
json_handler returns.({"requestType":"publishaddrs","pubkey":"9d390ba6881e5e213c0a90b70906e557806f6eb2327edfcf27d7fadcc5978602","NXT":"8989816935121514892","BTCD":"","pNXT":"","BTC":""})

to send back to the client. The JSON with "requestType":"getpubkey" are the convention the 127.0.0.1:7777 API uses, so by creating the same format text I avoid having to do another command parser. But, it gets super tricky, due to possibility of nesting and local/remote calls, etc. Anyway, I now have a handy function that takes a JSON command and sends:

server sendmessage ([{"requestType":"publishaddrs","pubkey":"9d390ba6881e5e213c0a90b70906e557806f6eb2327edfcf27d7fadcc5978602","NXT":"8989816935121514892","BTCD":"","pNXT":"","BTC":""},{"token":"vb5lpi57ea2pb4cvjn7g1i2ffrso4j7p7ban3vfmhv7ftcbp7lq3u4etehumqug10lm8a51lqac1rk3 8mf13pj29cilflm4khn6en5j3tfn0emnpsfhs15jbevt3f2k22mmdj3p1ck8retiklkkduo769673so df"}]) len.340 to 8989816935121514892

I just notice the "time" field is missing from the request, just fixed that in the source.

And the client gets it:
QUEUEALLMESSAGES.({"requestType":"publishaddrs","pubkey":"9d390ba6881e5e213c0a90b70906e557806f6eb2327edfcf27d7fadcc5978602","NXT":"8989816935121514892","BTCD":"","pNXT":"","BTC":""}) size.0

So a LOT of work just to send a message to myself, but this proves out the encryption/decryption code pretty good in the 2 layer onion case. I have a feeling each additional layer will create new more confusing cases to deal with. But not today. I can now finally deal with receiving a tradeoffer.

James

[ethought]

how you can tell at a speed of 600 GH , get only 1.6 BTCD?
http://btcd.xpool.ca lol

Yeah, mining x11 at xpool.ca only got 0.09 BTCD in more than 12 hours with 6.4 MH/s - does not seem worth it.

[nrg_wolf]

how you can tell at a speed of 600 GH , get only 1.6 BTCD?
http://btcd.xpool.ca lol

Yeah, mining x11 at xpool.ca only got 0.09 BTCD in more than 12 hours with 6.4 MH/s - does not seem worth it.

i have 200gh pointed at http://dark.xpool.ca/ and that earnt me a whole 1.16 BTCD for a 24 hour period..... seems a tad low. Not even worth the power consumption at that rate.

[salsacz]

Don't sell under 1,500,000 satoshi !!!

corrected

[werum]

at what price calculates multipool?

[salsacz]

http://www.cryptoarticles.com/crypto-news/bitcoindark-lots-of-growth-potential-if-done-right

[snakey]

should fix total number of coins on website...

People might still think its 22mill and just dumping.