BTCD is no more

[jl777]

BTCD ATH on NXT AE @ 180 NXT -> 0.01 BTC!

.008 seems to be holding, so that means the retest of .009 tomorrow is a possibility. Last time it had a hard ceiling at .007 and a floor at .006, so if .009 is broken, well we know what happens on a breakout.

Now the usual thing to happen is for it to consolidate, maybe make a flag pattern, but our BTCD seems to have a mind of its own and is eager to keep climbing without getting tired.

That dump of 0.5% of all BTCD was quite a shock to the buy side of the orderbook I am surprised it didnt have a longer lasting impact.

James

[1713593674]

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[1713593674]

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[1713593674]

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[thinkpad99]

Virtual prices, will be down in no time .... .... sell fast, price scam

[SeaSoul]

Virtual prices, will be down in no time .... .... sell fast, price scam

Shut up fudder, go out!

[rlhead7173]

Here is the official announcement for it

https://nxtforum.org/assets-board/shortbtcd/

James

This is great! I will check it out tomorrow when it goes on sale. Good job on the IRC channel today. I was reading it live today at work and thought you did a great job with all the inquiries.

[Cactipsi]

Hey guys sorry to be a pain, i was just wondering if this coin is possible to solomine, i cant seem to get it setup the way i normally do, ive mined bitcoin and terracoin and what not before solo but i cant seem to get it to work on btcd, cgminer cant seem to find the server im trying to create with the wallet, cheers guys for any help you can provide, sorry if im in the wrong thread, this is the only thread i can find on btcd thats not advertising about pools and nothing else

[paulthetafy]

Hey guys sorry to be a pain, i was just wondering if this coin is possible to solomine, i cant seem to get it setup the way i normally do, ive mined bitcoin and terracoin and what not before solo but i cant seem to get it to work on btcd, cgminer cant seem to find the server im trying to create with the wallet, cheers guys for any help you can provide, sorry if im in the wrong thread, this is the only thread i can find on btcd thats not advertising about pools and nothing else

It is no longer possible to solo mine BTCD.  The PoW portion of distribution has already ended so you would need to mine with a multipool (who mine other coins and then buy BTCD to pay you).  Or buy some BTCD and stake them in your wallet for ~5%pa return

[crackfoo]

Hey guys sorry to be a pain, i was just wondering if this coin is possible to solomine, i cant seem to get it setup the way i normally do, ive mined bitcoin and terracoin and what not before solo but i cant seem to get it to work on btcd, cgminer cant seem to find the server im trying to create with the wallet, cheers guys for any help you can provide, sorry if im in the wrong thread, this is the only thread i can find on btcd thats not advertising about pools and nothing else

No you can't mine it directly any more. The PoW stage is over. Feel free to hop onto my multipool, which pays BTCD:

http://btcd.xpool.ca

Cheers!

[jl777]

Here is the official announcement for it

https://nxtforum.org/assets-board/shortbtcd/

James

This is great! I will check it out tomorrow when it goes on sale. Good job on the IRC channel today. I was reading it live today at work and thought you did a great job with all the inquiries.

Thanks! I didnt expect to be spending the day "promoting" BTCD. I just was explaining how it worked and when they started understanding they seemed to have made some crazy big buys on cryptsy.

I am also engaging the XMR guys in risto's thread. At first they all ignored me, but they are all pretty civilized and the guy who accused me of using a sockpuppet(!), even apologized and said he would help

We need all of crypto to work together to create the best privacy. BTCD is a friend of every other crypto. By making giant supernetwork, everybody gets more privacy, better trades, more bets, etc. Plus I am pretty much deciding that instead of spending the 30% InstantDEX marketing budget on marketing that it will work better as revenue sharing with everyone that makes up the supernetwork. Of course BTCD stakers get the additional percentages and all the other asset's dividends, but it is everyone having much happiness the bigger the supernetwork is and I would rather pay the 30% to the crypto peoples that are paying for the nodes and doing the actual crypto trading, teleporting and betting than on advertising and other marketing stuff.

Though hiring bikini girls could be a good use of funds...
Nope, only if they also ran nodes on the supernetwork.

I see the BTCD spiral logo and envision BTCD at the center and all of crypto swirling around it

James

P.S. I see we have a little tiny troll that appeared. Maybe we can be nice to him now that the price is at .01

[jl777]

Virtual prices, will be down in no time .... .... sell fast, price scam

The rules in this thread are to use actual facts. I know such strictness.
If you actually have any facts that are meaningful, we are all waiting....

James

[jl777]

I dont want to embarass anybody, but for any trolls that want to make an appearance, please read this response that I made in hostile territory to an intelligent poster.

If your troll'ish statements are not of a higher intellectual caliber than in this link, then I cannot be held responsible for how you are made to look. When I get a bit upset, I do have a bit of a mean streak:

https://bitcointalk.org/index.php?topic=624223.msg8529096#msg8529096

James

[visual111]

\\
Thanks! I didnt expect to be spending the day "promoting" BTCD. I just was explaining how it worked and when they started understanding they seemed to have made some crazy big buys on cryptsy.

I am also engaging the XMR guys in risto's thread. At first they all ignored me, but they are all pretty civilized and the guy who accused me of using a sockpuppet(!), even apologized and said he would help

We need all of crypto to work together to create the best privacy. BTCD is a friend of every other crypto. By making giant supernetwork, everybody gets more privacy, better trades, more bets, etc. Plus I am pretty much deciding that instead of spending the 30% InstantDEX marketing budget on marketing that it will work better as revenue sharing with everyone that makes up the supernetwork. Of course BTCD stakers get the additional percentages and all the other asset's dividends, but it is everyone having much happiness the bigger the supernetwork is and I would rather pay the 30% to the crypto peoples that are paying for the nodes and doing the actual crypto trading, teleporting and betting than on advertising and other marketing stuff.

Though hiring bikini girls could be a good use of funds...
Nope, only if they also ran nodes on the supernetwork.

I see the BTCD spiral logo and envision BTCD at the center and all of crypto swirling around it

James

P.S. I see we have a little tiny troll that appeared. Maybe we can be nice to him now that the price is at .01

nice to see someone trying to unite cryptos..

too much division is created by people who bring the "nationalism" nonsense to the crypto world

[Aptidude]

Here is the official announcement for it

https://nxtforum.org/assets-board/shortbtcd/

James

This is great! I will check it out tomorrow when it goes on sale. Good job on the IRC channel today. I was reading it live today at work and thought you did a great job with all the inquiries.

Thanks! I didnt expect to be spending the day "promoting" BTCD. I just was explaining how it worked and when they started understanding they seemed to have made some crazy big buys on cryptsy.

I am also engaging the XMR guys in risto's thread. At first they all ignored me, but they are all pretty civilized and the guy who accused me of using a sockpuppet(!), even apologized and said he would help

We need all of crypto to work together to create the best privacy. BTCD is a friend of every other crypto. By making giant supernetwork, everybody gets more privacy, better trades, more bets, etc. Plus I am pretty much deciding that instead of spending the 30% InstantDEX marketing budget on marketing that it will work better as revenue sharing with everyone that makes up the supernetwork. Of course BTCD stakers get the additional percentages and all the other asset's dividends, but it is everyone having much happiness the bigger the supernetwork is and I would rather pay the 30% to the crypto peoples that are paying for the nodes and doing the actual crypto trading, teleporting and betting than on advertising and other marketing stuff.

Though hiring bikini girls could be a good use of funds...
Nope, only if they also ran nodes on the supernetwork.

I see the BTCD spiral logo and envision BTCD at the center and all of crypto swirling around it

James

P.S. I see we have a little tiny troll that appeared. Maybe we can be nice to him now that the price is at .01

If we can accomplish all these extremely innovative goals (anon card, supernetwork, Bitcoin teleporting, instant distributed exchange), BitcoinDark will pass Litecoin!


http://coinmarketcap.com/#BTC



340000 BTC / 1183000 BTCD = 0.2874 BTC/BTCD

[loganha112]

Nice sell wall...does that mean buy

[paulthetafy]

Nice sell wall...does that mean buy

did you see the 10 BTC buy at 0.01 on cryptsy?

[Timevortex]

Nice sell wall...does that mean buy

did you see the 10 BTC buy at 0.01 on cryptsy?

Yep.  Somebody gobbled it up!!

[paulthetafy]

Nice sell wall...does that mean buy

did you see the 10 BTC buy at 0.01 on cryptsy?

Yep.  Somebody gobbled it up!!

Yeah proper manipulation going on here.  It was immediately followed by  10 BTC sell at 0.099.  My guess someone is playing the market now, sold for 0.01, looking to push the price back down to buy back 10-15% cheaper.  damn whales!

[SeaSoul]

Some stupid guys dump btcd. Strong market. We are leaders!

Go to 0.015 tomorrow

[Breasal]

Sorry to post in BTCD thread but wanted the communities ideas...wth is going on with btsx? Is it following BTCD trend...haha? Is there a future decent profit point to buy btsx.

btw - looks like BTCD correction from 0.01 happening. Hoping to see 0.008 again  

[jl777]

Sorry to post in BTCD thread but wanted the communities ideas...wth is going on with btsx? Is it following BTCD trend...haha? Is there a future decent profit point to buy btsx.

btw - looks like BTCD correction from 0.01 happening. Hoping to see 0.008 again  

btsx is Chinese momentum guys
I have posted concerns about btsx experiment. I predicted it will be wildly successful. I even predicted it would double from $50 mil (in NXT forum on Friday), but I also predict when it gets too successful it is a random event away from cascading forced liquidations to lose 90%, very quickly.

If you can stare at prices all day long and have good nerves and intuition you can ride this till it peaks, but only use play money, you can just as easily get crushed in the stampede out the exits. btsx uses a holographic peg. It looks real but nothing actually supports it other than the rational behavior of the market participants (this is using their words)

So, as soon as the market becomes irrational, the peg doesnt hold, liquidations happen, biggest panic selling in crypto. The only question is when. It could last for years, or days, but probably somewhere in between.

The key is when the selling pressure would exhaust the btsx company;s IPO funds. Then there is literally nothing to stop the fall to 10% of ATH. I imagine at that price the btsx company repurchases, issues an apology and promises to never let such a disaster happen, and making quite a lot of money in the meantime. I think investing in the thing that does this buying selling could be pretty good, but they have set things up so complicated, I cant figure out what entity that it. It might only be privately available

[Fern]

Hey James, well done 'today' - big price rise and questions galore. The next month or so is going to be very entertaining.