BTCD is no more

[thevampireskilledit]

so basically if i had 10grand in btcd, if i leave my comp on 24/7 ill gain a dollar a day. hardly worth the power bill? am i missing something?>

I think 10k btcd will give you around 1.4btcd and that's around $7
Of course I am not sure. I think 7300 BTCD = 1 coin per day

Sorry, I'm noob, but 10K BTCD is 100 BTC on the current prices ...

So, I need invest 100 BTC to earn $7/day? That's nonsense ...

Anyways, sempyper said: "i had 10grand in btcd", but I think we can buy only 2100 BTCD for 10K USD at the moment.

By staking 2100 BTCD, we can earn only 0,2898 BTCD/day (2100x0,000138).


It seems for me that the real winners of the staking are the early birds, who bought big sum of coins for peanuts ...

As the coin becomes more and more expensive in time, the late buyers will earn only pennies ...

Can someone convince me opposite, please?

/sorry for my poor english/

No need to convince anyone. It's a cryptoCURRENCY. Does holding dollars in your wallet get you anything? Nope.
Plus, BTCD aims to work alongside other coins, no as a coin so much.

[1714058993]

1714058993

[1714058993]

1714058993

[bitkokos]

so basically if i had 10grand in btcd, if i leave my comp on 24/7 ill gain a dollar a day. hardly worth the power bill? am i missing something?>

I think 10k btcd will give you around 1.4btcd and that's around $7
Of course I am not sure. I think 7300 BTCD = 1 coin per day

Sorry, I'm noob, but 10K BTCD is 100 BTC on the current prices ...

So, I need invest 100 BTC to earn $7/day? That's nonsense ...

Anyways, sempyper said: "i had 10grand in btcd", but I think we can buy only 2100 BTCD for 10K USD at the moment.

By staking 2100 BTCD, we can earn only 0,2898 BTCD/day (2100x0,000138).


It seems for me that the real winners of the staking are the early birds, who bought big sum of coins for peanuts ...

As the coin becomes more and more expensive in time, the late buyers will earn only pennies ...

Can someone convince me opposite, please?

/sorry for my poor english/

That's staking. It's the interest you get. 5% per year.
BTCD value over bitcoin changes daily. when 1BTCD = 0.1 BTC then just staking = $70 per day

not 100% sure

[bitkokos]

Is there another place to download the Windows wallet other than the mega link?  The link isn't working and I want to move the coins I bought off the exchange.

Thanks

I am uploading it for you with dropbox.

I have uploaded the windows wallet here.
it is the original as I have downloaded it from the OP on July 14

https://www.dropbox.com/s/aujtjeoydzplzqr/BitcoinDark-win32-qt.rar?dl=0

[shojayxt]

Is there another place to download the Windows wallet other than the mega link?  The link isn't working and I want to move the coins I bought off the exchange.

Thanks

I am uploading it for you with dropbox.

I have uploaded the windows wallet here.
it is the original as I have downloaded it from the OP on July 14

https://www.dropbox.com/s/aujtjeoydzplzqr/BitcoinDark-win32-qt.rar?dl=0

Thank you very much.  :-)

Edit:

Hmm, not syncing with the nodes in the ANN.


2nd Edit:

Nevermind.  Searched the thread and found some nodes.  All is good now.

[bitkokos]

Is there another place to download the Windows wallet other than the mega link?  The link isn't working and I want to move the coins I bought off the exchange.

Thanks

I am uploading it for you with dropbox.

I have uploaded the windows wallet here.
it is the original as I have downloaded it from the OP on July 14

https://www.dropbox.com/s/aujtjeoydzplzqr/BitcoinDark-win32-qt.rar?dl=0

Thank you very much.  :-)

You are welcome :-)

[apex944]

Nevermind.  Searched the thread and found some nodes. 

Good man!   
... the OP really does have most of what you need to answer the initial questions about BTCD.

[Brilliantrocket]

The technology seems interesting, but the name choice is terrible. What self respecting dev would ripoff not one, but two other coins? That doesn't exactly inspire confidence.

[chicken65]

Im not bothered about the name but I do think it was a little uninventive.

[jl777]

The technology seems interesting, but the name choice is terrible. What self respecting dev would ripoff not one, but two other coins? That doesn't exactly inspire confidence.

you can blame Azeh on this
I actually liked it, BTCD makes bitcoin itself dark, actually makes sense
of course I came onboard after seeing the call for volunteers and it all sort of came together
I am sorry you dont like the name, no need to buy it. I know a lot of people are making investment decisions based on name, but I prefer some other metrics. That's just me

James

[jl777]

so basically if i had 10grand in btcd, if i leave my comp on 24/7 ill gain a dollar a day. hardly worth the power bill? am i missing something?>

I think 10k btcd will give you around 1.4btcd and that's around $7
Of course I am not sure. I think 7300 BTCD = 1 coin per day

Sorry, I'm noob, but 10K BTCD is 100 BTC on the current prices ...

So, I need invest 100 BTC to earn $7/day? That's nonsense ...

Anyways, sempyper said: "i had 10grand in btcd", but I think we can buy only 2100 BTCD for 10K USD at the moment.

By staking 2100 BTCD, we can earn only 0,2898 BTCD/day (2100x0,000138).


It seems for me that the real winners of the staking are the early birds, who bought big sum of coins for peanuts ...

As the coin becomes more and more expensive in time, the late buyers will earn only pennies ...

Can someone convince me opposite, please?

/sorry for my poor english/

5% per year is not so bad a return. If you feel there is some chance of price increasing, then this makes the return even better. If you feel some future dividends are worth something, then this makes the return even better. If you feel SuperNET could possibly generate some future dividends, then this makes the returns even better.

You just need to analyze the details to get a feel for what BTCD really is.

James

[100coins 1up]

I'm left a bit confused with the SuperNetwork IPO.


1) I had initially understood that BTCD would be the coin to unite other coins. That it would be the platform. But it seems it is not. Instead is it the SuperNet.
Given that the SuperNet is/will be greater than any other coin, does it make sense to buy BTCD when I can just buy SuperNet "shares" instead?
I can still see the value in BTCD, but it's importance seems to become reduced.

2) how will the SuperNet IPO dilution work?
Will the IPO mean 100% of SuperNet value? I mean if during the IPO 100 BTC are sold, then that means if I gave 1 BTC I will have 1% of the SuperNet shares?

3) what exactly will the SuperNet "shares" be?
It won't be a coin, so it must be something else.
With coins I know where I'm at. I can buy things and exchange for other coins.
But with derivatives, I have problems trusting them. THis both in crypto world and wall street world. They feel like gambling.
Where is the underlying value? Will the SuperNet "shares" give BTC dividends or something like it?

4) Am I correct in understanding that the SUperNet will act as an altcoin exchange? Cheaper than current altcoin exchanges?




Sorry for all the questions. But I'm having a hard time sinking in so much information and concepts. And I'm probably not the only one left confused.
Thanks.

[jd1959]

Hi James
I've noticed still using lots bandwidth with wallet. It starts ok but I still pick up rogue's if I leave my wallet staking, I end up with about 11Kb/s outgoing and 5KB/s incoming.

I know you and other devs are extremely busy with all that's going on and I don't mean to be a pest.

Jon   

[jl777]

Hi James
I've noticed still using lots bandwidth with wallet. It starts ok but I still pick up rogue's if I leave my wallet staking, I end up with about 11Kb/s outgoing and 5KB/s incoming.

I know you and other devs are extremely busy with all that's going on and I don't mean to be a pest.

Jon   

11kb/s is not so much for downloads, maybe the BTCD network is just getting bigger?

[jl777]

I'm left a bit confused with the SuperNetwork IPO.


1) I had initially understood that BTCD would be the coin to unite other coins. That it would be the platform. But it seems it is not. Instead is it the SuperNet.
Given that the SuperNet is/will be greater than any other coin, does it make sense to buy BTCD when I can just buy SuperNet "shares" instead?
I can still see the value in BTCD, but it's importance seems to become reduced.

Since the SuperNET is combining of many other coins, BTCD is a smaller percentage of the total SuperNET, but it is hoped that it is better to have a smaller percentage of a larger thing.

2) how will the SuperNet IPO dilution work?
Will the IPO mean 100% of SuperNet value? I mean if during the IPO 100 BTC are sold, then that means if I gave 1 BTC I will have 1% of the SuperNet shares?

correct in concept, there will also be NXT and BTCD and my assets and there are early bird bonuses that are adjusting the exact percentages

3) what exactly will the SuperNet "shares" be?
It won't be a coin, so it must be something else.
With coins I know where I'm at. I can buy things and exchange for other coins.
But with derivatives, I have problems trusting them. THis both in crypto world and wall street world. They feel like gambling.
Where is the underlying value? Will the SuperNet "shares" give BTC dividends or something like it?

NXT asset, which can be used to trade against NXT in the NXT AE and against other assets via InstantDEX. The SuperNET asset will be getting dividends from the revenues it gets, so BTC, NXT, possibly denominated in other coins in the SuperNET core. The total price being paid for all these future dividends during the SuperNET IPO is ZERO. There is no premium being paid for this future revenues. I explained it here: https://bitcointalk.org/index.php?topic=762346.msg8614357#msg8614357

4) Am I correct in understanding that the SUperNet will act as an altcoin exchange? Cheaper than current altcoin exchanges?

One of the services of SuperNET will be InstantDEX which will allow trading of any asset against any other asset. Since there are MGW assets for altcoins, this creates the ability for an altcoin exchange by trading against mgwBTC. However this requires that the altcoin supports MGW and many coins are in the process of getting supported. Alternatively it is possible to do direct telepod swaps or even subatomic swaps, but these are for some future time as the basic functioning is the first priority. The NXT AE is already operational for months and this is 1 minute blocktime and trading against NXT, so it is fine for many things, but for somethings not quite right

Sorry for all the questions. But I'm having a hard time sinking in so much information and concepts. And I'm probably not the only one left confused.
Thanks.

I have some people who are promising to make easy to understand documents and charts, so maybe it is best to wait for such things before the investing

[PilotofBTC]

so basically if i had 10grand in btcd, if i leave my comp on 24/7 ill gain a dollar a day. hardly worth the power bill? am i missing something?>

I think 10k btcd will give you around 1.4btcd and that's around $7
Of course I am not sure. I think 7300 BTCD = 1 coin per day

Sorry, I'm noob, but 10K BTCD is 100 BTC on the current prices ...

So, I need invest 100 BTC to earn $7/day? That's nonsense ...

Anyways, sempyper said: "i had 10grand in btcd", but I think we can buy only 2100 BTCD for 10K USD at the moment.

By staking 2100 BTCD, we can earn only 0,2898 BTCD/day (2100x0,000138).


It seems for me that the real winners of the staking are the early birds, who bought big sum of coins for peanuts ...

As the coin becomes more and more expensive in time, the late buyers will earn only pennies ...

Can someone convince me opposite, please?

/sorry for my poor english/

Everyone earns the same percentage.

[jd1959]

Hi James
I've noticed still using lots bandwidth with wallet. It starts ok but I still pick up rogue's if I leave my wallet staking, I end up with about 11Kb/s outgoing and 5KB/s incoming.

I know you and other devs are extremely busy with all that's going on and I don't mean to be a pest.

Jon   

11kb/s is not so much for downloads, maybe the BTCD network is just getting bigger?

Are there any figures for how many new users /wallet downloads per month.....I must agree that you guys have generated a huge amount of interest which would explain lots of people syncing new wallets
thanks for the quick response........you don't happen to live on the International Space Station by any chance ? You just seem to be everywhere at once.....maybe you're identical twins or triplets.
I'll get out of the now.

Thanks your outstanding efforts

Jon

[jl777]

Hi James
I've noticed still using lots bandwidth with wallet. It starts ok but I still pick up rogue's if I leave my wallet staking, I end up with about 11Kb/s outgoing and 5KB/s incoming.

I know you and other devs are extremely busy with all that's going on and I don't mean to be a pest.

Jon   

11kb/s is not so much for downloads, maybe the BTCD network is just getting bigger?

Are there any figures for how many new users /wallet downloads per month.....I must agree that you guys have generated a huge amount of interest which would explain lots of people syncing new wallets
thanks for the quick response........you don't happen to live on the International Space Station by any chance ? You just seem to be everywhere at once.....maybe you're identical twins or triplets.
I'll get out of the now.

Thanks your outstanding efforts

Jon

On my homeworld it was traditional to make 7 clones at once, unfortunately 4 did not survive during reentry, so we are only three of the original 7
this is the answer to why jl777
the "jl" part is something that would give away the position of the homeworld, so I am not allowed to divulge this

[Timevortex]

Wow,  We are at a record weight stake of 360000 !!!  Lots of people HODLing !!

[jl777]

Wow,  We are at a record weight stake of 360000 !!!  Lots of people HODLing !!

This is indeed a record. I estimate 90%+ are staking?! Can that be right?
So this explains why the volume is so low, nobody wants to sell and the buyers are patient

I am sorry to say I was not able to make much progress on Teleport this weekend. I am still waiting for release, but noashh was right, i needed some time off. Was getting too stressed.

I had a fun weekend

So, I am kind of in a recharge mode and will dive back in as soon as the new release is ready for me.

James

[crackfoo]

Wow,  We are at a record weight stake of 360000 !!!  Lots of people HODLing !!

Must have went up cause Cryptsy isn't processing BTCD withdraws. Perhaps staking and keeping the extra 5%'s for themselves.