BTCD is no more

[salsacz]

Nobody passed up an opportunity to buy in cheap, this coin is similar to NXT, but without big original stakeholders, which are still decreasing the Nxt price. An opportunity to buy in cheap will be valid even after 2-3 months, even when BTCD will be at the top5 cryptos.

[clovis A.]

Nobody passed up an opportunity to buy in cheap, this coin is similar to NXT, but without big original stakeholders, which are still decreasing the Nxt price. An opportunity to buy in cheap will be valid even after 2-3 months, even when BTCD will be at the top5 cryptos.

I agree salsacz. I think this particular gentlemen must feel this way though. I'm just speculating from his perspective

[clovis A.]

Speaking of NXT, I just tried to update my NRS version and got this...... "The hash of the downloaded update does not equal the one supplied by the blockchain. Aborting update."  Can you assist salsacz?

[salsacz]

I had a same problem, just download and run it again (even from the same folder) - http://nxt.org/

[clovis A.]

Okay great, appreciate the help!  Downloading now

[4emily]

re the BTCD wallet for windows, my OS (Windows 7) doesn't recognise the rar. file extension. Any recommendations re best/safest program to d/load in order to open the file. Thanks

[rlhead7173]

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

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

Agreed! Just bought another Bitcoin worth last night at around .0028. Keep up the good work!

[rlhead7173]

re the BTCD wallet for windows, my OS (Windows 7) doesn't recognise the rar. file extension. Any recommendations re best/safest program to d/load in order to open the file. Thanks

I use 7-Zip http://www.7-zip.org/

[Aptidude]

The ability to make anonymous purchases using BTC and the anon card both sound like huge breakthroughs in crypto.

If all this groundbreaking tech is delivered, BitcoinDark could displace litecoin.

370791 BTC / 1180000 BTCD =

0.3142 BTC/BTCD

 

[rlhead7173]

I have been mining and trading, mainly trading now days, for a little over a year. I have to say the technology behind NXT coin and the GUI is awesome. I am quite impressed. I have used other bitcoin 2.0 tech before like Mastercoin and Counter Party to buy Maidsafe and Swarm but was never really impressed with the GUI. I just now got around to installing NXT after reading more about it in this BTCD thread.

Anyway, bravo! I am looking forward to seeing firsthand how NXT and BTCD integrate.   

[PilotofBTC]

re the BTCD wallet for windows, my OS (Windows 7) doesn't recognise the rar. file extension. Any recommendations re best/safest program to d/load in order to open the file. Thanks

7-Zip is the best you will find.

[litecoin111]

just hit $2.00! I am hoping for more eventually like everyone else but wouldn't mind a price crash for a bit to pick up more lol..

[clovis A.]

just hit $2.00! I am hoping for more eventually like everyone else but wouldn't mind a price crash for a bit to pick up more lol..

I've been hoping too, since about .002, a couple days ago.  Finally just had to say F it and buy more now, since we're not really moving down.  I still have lower orders, but I don't wanna be saying "Gee, I wish I'd bought at .003" when we're at .004, .005 and so on, up to who knows what price

[PhilipMorris]

just hit $2.00! I am hoping for more eventually like everyone else but wouldn't mind a price crash for a bit to pick up more lol..

It was at 2.15$ this morning 

[clovis A.]

Almost 11 btc to get back to .003!  BTCD hasn't even made any of these features reality yet, but they're coming soon.  If you want to buy more, just do it.  I was hung up on trying not to raise my average, but had to get over myself.  Folks who have yet to buy or even hear of bitcoin dark will envy those who picked up at these prices  

Edit:  Also realize, the PR/markting campaign hasn't even begun.  Once that happens....... well, you know!

[salsacz]

nobody wants to sell, it's simple

[cloudboy]

Edit:  Also realize, the PR/markting campaign hasn't even begun.  Once that happens....... well, you know!

Exactly. I love that the btcd team isn't doing any pr yet, just hard at work on the new features. No pr because they know they need to deliver first. We have a really first-rate coin on our hands. These prices are still paltry compared to what is to come.

[IceColdTommy]

The ability to make anonymous purchases using BTC and the anon card both sound like huge breakthroughs in crypto.

If all this groundbreaking tech is delivered, BitcoinDark could displace litecoin.

370791 BTC / 1180000 BTCD =

0.3142 BTC/BTCD

 

Read your PM's dude

[jl777]

Hi James,

Would you mind elaborating or letting know where i can find more information about teleport for other coins (NXT/BTC)?

How would it work? Could you add other second gen coins like Qora into the fix for example?

The only info is in my posts.
For teleport, I have the API with the following parameters:


NXT secret:    <this is used for tokenizing and does not leave your computer. I will change to allow BTCD address>
dest account (BTCD, NXT or BTC):    <people will publish their public addresses for any of these three and this goes here>
coin:    <here is where you specify what is being teleported, "BTCD", "BTC", "NXT", "QORA", etc.>
amount:    
minimum block age for telepods:    <only telepods older than this will be used for sending>
M:  <the minimum number of "signers" required to unlock received telepods>
N:  <the number of pieces each sent telepod is split into, max 254>

Then in the jl777.conf file, you add an entry for your coin in the JSON:
{"name":"BTCD","useaddmultisig":1,"nohexout":1,"conf":"/home/root/.BitcoinDark/BitcoinDark.conf","asset":"11060861818140490423","txfee":0.0001,"NXTfee_equiv":0.1,"rpc":"127.0.0.1:14632","blockheight":16000,"forkblockheight":0,"minconfirms":13,"estblocktime":60,"tradebotfname":"BTCDteleportbot"},

Then assuming your coin has a tradebot named "BTCDteleportbot" then it will be called to perform the compatibility API implementation. Of course BTCD will have this support built in so there is no need for BTCDteleportbot. So, I will implement BTCD, BTC and NXT. Then once the compatibility API is defined, anybody can add support for a new coin without even changing BTCD core!

Of course, both sender and receiver need to have the teleportbot and .conf file entries for any coin that you want to teleport between each other. I would assume there will be an "official" set of teleportbots included with release and some place to get updated and experimental ones.

I would think that any dev familiar with a specific coin would be able to write a fully functioning teleportbot in a day, at least that is my goal. I apologize for lack of details in some areas, these are not things that I have finalized yet, but hopefully you can see what level of work is needed.

James

P.S. for those not familiar with tradebots, it is a Turing complete scripting system based on C that will be able to invoke the power features directly. Now each node runs its own set of tradebots, so this part is not actually decentralized, but I just "flashed" an idea on how to make tradebots act in a decentralized manner, curiously by synchronizing them.

[jl777]

WTB BTCD for NXT, market rate swaps, currently around 50 NXT per BTCD