BTCD is no more

[PilotofBTC]

again still not sure on how to proceed.
A friend and I we have $150 + $150 available for BTCD
Which is wiser?
pay $300 for 15mh/s hashlet for 12 months and convert btc to btcd (probably on a daily basis)
or buy around 50 BTCD directly?

first option will have to ROI first

Buy BTCD. Don't waste your money on a miner, as time goes on, that 15 mh/s will make next to nothing. Take a look at some mining calculators, you'll actually start loosing money a few months down the line.  

Don't forget, you'll need to earn your initial investment of $300 back before you even make any money.  Compare that to the steady 5%+/-~ BTCD was making.

I agree buying miner or renting hash it just wont pay off, but if you already have a miner pointing it to the multipools is good

I have a small 9.2gh/s sha256 miner a 1.3mh/s scrypt miner and some hours per day an R9-280x gpu.
Do you have any idea why it gives only rejects with scrypt-n ?
sgminer -k scrypt-n -o stratum+tcp://stratum.nicehash.com:3335 -u mywalletaddress -p x -I 13
I have tried -k zuikkis too but only rejects (Share above target)

are you getting any HW errors

BTW, the GAW Miner Hashlets mine alt coins on a mutilpool. So, difficulty doesn't really affect it. I am getting about 15% per week return on the cloud miner price. The big bonus is you can buy them with credit card if you are starting from 0 BTC.

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[shrekster]

Ive been hearing about a pump to .10 today. Anyone else know anything about this?

[SHossain]

Number 11 on coinmarketcap now. James' target was to make BTCD top 10. Not far away. HODLing and staking my 2K coins. I sold about 50 BTCD total during the PoW phase and will not do it anytime soon. I will not be surprised if the coin's price goes above $100 in next 1-2 months. Not a whale and don't have enough money to buy more. Been telling all my friends to invest in BTCD.

BTW James, I'm not a coder. I talked to some of my friends to make an Android wallet for BTCD. They have experience in making Android apps. They are bit busy with their current project and told me they can help with it on or after first week of September. They code in C as well but I don't think they are smarter than you to help you reviewing the libjl777 code.

Just a few quick question as noob:

- Will it be easier to use QT to make the wallet for Android and use the source code from Github?
- If they can create an wallet from the source code will we be able to stake with it on any Android device with internet connection?

Love the works you guys been doing.

Edit: My friends don't have any crypto experience (yet).

How did you manage to get 2000 coins?
Pfff! Im struggling to get a couple of hundred 

I mined during the PoW with my 1 TH S2 miner, rented some rigs with previously mined BTC and sold other altcoins in loss for BTC to rent rigs. After PoW finished, mined BTC and bought everyday at market price. Now, I'm happy that I sold all my altcoins

[McDoxy]

Ive been hearing about a pump to .10 today. Anyone else know anything about this?

Nope haven't heard anything.

But those pumpers can stay the f*** away anyway.

I like slow steady growth.

[Bitcycle]

Ive been hearing about a pump to .10 today. Anyone else know anything about this?

Nope haven't heard anything.

But those pumpers can stay the f*** away anyway.

I like slow steady growth.

0.1 today is a little....ambitious.

Don't expect a 10x increase in one day, people.

[thevampireskilledit]

Ive been hearing about a pump to .10 today. Anyone else know anything about this?

Nope haven't heard anything.

But those pumpers can stay the f*** away anyway.

I like slow steady growth.

0.1 today is a little....ambitious.

Don't expect a 10x increase in one day, people.

agreed. I want this coin to reach .1 for sure, but pump and dumps ruin coins reputation.

[SHossain]

Number 11 on coinmarketcap now. James' target was to make BTCD top 10. Not far away. HODLing and staking my 2K coins. I sold about 50 BTCD total during the PoW phase and will not do it anytime soon. I will not be surprised if the coin's price goes above $100 in next 1-2 months. Not a whale and don't have enough money to buy more. Been telling all my friends to invest in BTCD.

BTW James, I'm not a coder. I talked to some of my friends to make an Android wallet for BTCD. They have experience in making Android apps. They are bit busy with their current project and told me they can help with it on or after first week of September. They code in C as well but I don't think they are smarter than you to help you reviewing the libjl777 code.

Just a few quick question as noob:

- Will it be easier to use QT to make the wallet for Android and use the source code from Github?
- If they can create an wallet from the source code will we be able to stake with it on any Android device with internet connection?

Love the works you guys been doing.

Edit: My friends don't have any crypto experience (yet).

How did you manage to get 2000 coins?
Pfff! Im struggling to get a couple of hundred 

You have to be able to hold for months on end..
I made the mistake to get out for a while but I am back in

Potential of this coin is to big to short

I've learned my lessons. Not selling a single BTCD. I missed the launch of BTCD due to day to day job. Could get bit more coin if I could start mining from the beginning. As per James' advice, just HODLing. No plan to sell them at all in near future. Don't even mind to sell them before a year. He's working round the clock faster than anyone else on earth. Have respect for the whole dev team and they are delivering what they have said.

BTCD to the moon!

[Eron]

Ive been hearing about a pump to .10 today. Anyone else know anything about this?

Yeah and I've heard about 1.0 too ...
Very funny.

Don't spread FUD, by posting stupid questions, or if it was a real question then of course it is technically impossible.

Enjoy 0.01, it's already quite impressive !

And for everybody asking if it is too late to invest in BTCD or not, I'd say definitely NOT, but it's just my opinion  

If you want to make your own opinion, just start to read this thread from page number ... 1.  

Edit: technically impossible for today to reach 0.10, but of course possible in the next months coming !

[Spratan]

From: https://nxtforum.org/index.php?topic=4788.msg91304#msg91304

###
Asset ID
3267494002243225342
Ticker symbol
ShortBTCD

--------------

This a synthetic shorting product for the price of BitcoinDark (BTCD). If the Bitcoin-denominated price of BTCD (BTCD/BTC) goes down, ShortBTCD goes up (and vice versa). Initial Price: 100 NXT.

ShortBTCD aims to generate a daily percentage gain inverse to that of BTCD/BTC. Issuer will support ShortBTCD Target Price with orders on the Asset Exchange.

ShortBTCD Target Price equals the most recent ShortBTCD Daily Reference Price minus the percentage change in BTCD/BTC from the most recent BTCD Daily Reference Price. ShortBTCD Daily Reference Price is set daily at or around 10 am ET to current ShortBTCD Target Price. BTCD Daily Reference Price is a weighted average as reported at coinmarketcap.com or comparable substitute, at issuer's discretion, at or around 10 am ET. Issuer will maintain price support on a best effort basis and makes no assurances of timeliness or accurate calculation or reporting of involved prices.

Daily reference price updates and history will also be enshrined at twitter.com/shortnxt.

Also worth noting, given the extreme volatility in BTCD, the orders maintained by the issuer on the order book will tend to be smaller than the actual available liquidity at/near the fair market value.  Given the occasional slow block, it's unwise to maintain an enormous bid or ask that can quickly become a foolish price to be picked off.  So if you're looking to enter/exit a larger position than the order book seems to accommodate, just leave the rest of your order on the book and  - assuming the price is still appropriate - it will be filled (up to the point that the issuer's actual risk limits are reached).

###
For those of you that are not quite understanding all this, this allows you to lock in the current price. of course it it keeps going up, you are losing money on the shortBTCD, but its canceled out by the gains. If you match the value of shortBTCD with the value of your BTCD, then your combined value for both should stay pretty much the same.

So, you can keep staking while locking in a nice ATH price and if it does drop, then you lose money on the BTCD, but make up for it with the shortBTCD. Then you sell the shortBTCD right before the price goes back up.

Now, shortBTCD is not a realtime instrument, it is daily, so it is more for hedging your overall risk without needed to actually sell any BTCD

this is not for everyone, but if you understand it, it is quite useful in situations, especially if we ever get back to thinly traded markets where even one BTC would move the price

James

Very smart.

Are you planning other coins ?

[SeaSoul]

Do your think we see today 0.015?

[thevampireskilledit]

Do your think we see today 0.015?

I think between .008 and .012

[HoldingCorporate]

Do your think we see today 0.015?

I think between .008 and .012

i think between 0.009 and 0.01 are now a solid base for growth.

i went at 04:00 sleeping and missed the push to 0.013 :/
but who cares, stop to look the price/chart for a half year (or longer, follow only this thread) and you will be happy that you never had the option to panic selling, to risk your coins on day-trading or to think.. this is "enough profit" like the guy with the 10btc


===

Come on, 0.009 Come back i miss you

Never

[Ezravdb]

Come on, 0.009 Come back i miss you

[tj303]

Yeah, I've learned my lesson. Always listen to James. I sold at .006 thinking to pick up a little on a correction. Had to buy back in at .009 and hodling 30% less BTCD now. This coin is not normal!

[apex944]

If for no other reason.. you should hold until this recent price history trend fails:

Previous:
24h - 0.00953 BTC  (14%)
1d  - 0.00700 BTC  (55%)
2d  - 0.00646 BTC  (68%)
5d  - 0.00428 BTC  (154%)
10d - 0.00409 BTC  (166%)
30d - 0.00128 BTC  (750%)

That makes is plainly obvious.

[jl777]

@Dev  A short question about PoS **Proof of Stake Reward**: 5% per year
                                               **Minimum Coin Stake Age**: 8 hours
                                   is there an 'Maximum Coin Stake Age xxxDays

This is in the process of being reviewed and probably changed. jimmy2011 pointed out that it was not set to an optimum value. I am also in talks with Jutarul who found the peercoin flaw in its PoS to review the BTCD algo. I want to make sure BTCD has the best it can have and also to verify proper functioning in all areas.

James

[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 can provide German and Arabic translations, I'm not a professional but I can provide pretty good quality (native speaker level)

I think German first then.
Thanks!

[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 can provide German and Arabic translations, I'm not a professional but I can provide pretty good quality (native speaker level)

And i can provide Russia translation, I'm not a professional but I can provide pretty good quality  

Russian would be very good to have!

James

[jl777]

I also always dump the other coins through LTC markets if they exist as then I end up with more BTC versus a straight exchange to BTC.

Based on my multipool set up i only receive BTC so i directly exchange them to BTCD

exactly. I tend to stick to mining coins and dumping them for a couple reasons. One being it brings down their prices (competition) and also can take advantage in upswings. On the downside, it's higher maintenance.

fiat is the competition

[id10tothe9]

since my trial version of Parallels on mac ran out a week ago I'm back to my wallet on Mac. this trend was on parallel and now still happening on my staking on mac, I noticed that I'm getting more coins mined, about 25%-50% more! I'm wondering what's the reason, I thought maybe less coins were staking because of trading but at that time james and others were posting that like 90% are staking so can't be that. Anybody experienced the same or have an explanation? (I'm sure very happy with the extra btcd )
Also since I'm still getting sometimes over 50% rejection rate, I wonder maybe this does not affect my gains much and my reasoning is that when a block is rejected, the staking coins don't get locked(?) and they already got a high weight so they solve another block pretty soon and only a little delay happens. Would that be right?

btw I changed my internet provider to a much better connection so not sure this is the reason in my case, maybe just the goeolocation away from the majority of the nodes..