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Author Topic: BTCD is no more  (Read 1323811 times)
crackfoo
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September 03, 2014, 10:24:35 PM
 #5481

Just picked up my first couple of BTCD's.  Would like to start a local wallet and open it up for staking.  Noob question here, once I've followed the instructions to start staking do I need to leave the wallet online for it to occur or can it be taken completely offline?
You don't have to have the wallet open in order to stake as your coins accrue "coin age" regardless of whether it is open or not, as long as you do not send or receive any other BTCD to your address.  When you do next open your wallet (and unlock it for staking) your next stake amount will include everything for your coin age.  In other words, you could just open it once a week for a few hours (or until you receive a mined block) and you would receive the same stake amount as you would have done if the wallet was open the entire time.  All up you get around 5% pa from staking, and of course there is the as-yet-unknown income that BTCD holders will get from teleport, anon credit card, SuperNET, etc etc.

Good to know.  So if I decide to pick up a few more coins on Cryptsy or something I should hold them in a separate wallet for staking purposes?  Does adding new coins to a wallet that is currently staking somehow mess with the coin age?

I wouldn't use cryptsy. Lots of issues with them.


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September 03, 2014, 10:26:55 PM
 #5482

Hmm compounding, but how often...?



Every time you get interest.
Assume we have 1000 btcd.
1. You transfer the amount to your wallet and dont open it for 1 year. Then you open it and stake, you will get 50 btcd.
2. You transfer the amount and stake after 1 month. You will get (1000*0.05)/12 ~=4,167 btcd. Now you have a baseamount of 1004.167 btcd which you earn interest on.
So 2nd month: (1004.167*0.05)/12=4,182 and so on.
Maximizing this means staking 24/7.
Besides interest you also get txfees of the block which also stake.
And you are securing and supporting our network with it.
Happy staking Smiley

But why then we dont't do compounding each single day...??
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September 03, 2014, 10:27:26 PM
 #5483

Just picked up my first couple of BTCD's.  Would like to start a local wallet and open it up for staking.  Noob question here, once I've followed the instructions to start staking do I need to leave the wallet online for it to occur or can it be taken completely offline?
You don't have to have the wallet open in order to stake as your coins accrue "coin age" regardless of whether it is open or not, as long as you do not send or receive any other BTCD to your address.  When you do next open your wallet (and unlock it for staking) your next stake amount will include everything for your coin age.  In other words, you could just open it once a week for a few hours (or until you receive a mined block) and you would receive the same stake amount as you would have done if the wallet was open the entire time.  All up you get around 5% pa from staking, and of course there is the as-yet-unknown income that BTCD holders will get from teleport, anon credit card, SuperNET, etc etc.

Good to know.  So if I decide to pick up a few more coins on Cryptsy or something I should hold them in a separate wallet for staking purposes?  Does adding new coins to a wallet that is currently staking somehow mess with the coin age?

I wouldn't use cryptsy. Lots of issues with them.



James has problems with cryptsy too.
He said that 2 days ago. I hope he solved the problem with them.

O_o
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September 03, 2014, 10:30:39 PM
 #5484

Ok, so now I have a question.  How do you send coins from a particular address in your wallet?  and in general how do you tell conveniently which address funds are taken from when you send them?  It seems rather cumbersome the way it is now.  I tried using the send from command but not being the most computer literate person I was unable to get that to work properly.  A simple send from button in the wallet would be more user friendly it seems.

Secondly as far as simple upgrades, I would like to see a total amount in the wallet under the transactions section for adding up the stake or received with or sent to amount without having to type it into a calculator manually.  That's a pain in the ....

I know these are not real high priority items now but sometimes simple features like that make all the difference for ease of use to the general user which should be a priority if the coin is to be mass adopted, no?  Huh
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September 03, 2014, 10:36:27 PM
 #5485

figured a little teaser of @figrolls ui wouldnt hurt Wink

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September 03, 2014, 10:36:40 PM
 #5486

With Cryptsy the secret to a successful BTCD withdrawal is to withdraw small amounts at a time.  Up to 75 BTCD I have had no problem.  300 BTCD = problem.  They probably are staking and are reluctant to let those funds go so they blame it on software malfunction or whatever.   It's kind of a big joke.
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September 03, 2014, 10:36:50 PM
 #5487

Supernet PDF for your reading and comments as posted on the SuperNET thread. This involves BTCD so I think it's appropriate to post.

http://209.126.70.170/SuperNET.pdf
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September 03, 2014, 10:45:02 PM
 #5488

Pretty slick looking gitbknowsall.  I like the faded code affect.  How close are you getting to launch?

Bibox Exchange
https://www.bibox.com/signPage?id=11907482

BTC: 1NPQP9Z4Ju6rTnH4uR6986kGVnEkpyYFJZ
LTC: M9Eo9tTiohSLwDMKyMeAFdsuVaFWCCxM3G
ETH/ERC20: 0x4360038b0f4b198b18458a1f0e468b3ebe483ee6
ETC: 0x4360038b0f4b198b18458a1f0e468b3ebe483ee6
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September 03, 2014, 10:45:55 PM
 #5489

Pretty slick looking gitbknowsall.  I like the faded code affect.  How close are you getting to launch?
those are the actual codes for M of N fragmenting and onion routing!

http://www.digitalcatallaxy.com/report2015.html
100+ page annual report for SuperNET
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September 03, 2014, 10:55:56 PM
 #5490

It seems somewhat a shame that I am going to be forced to dump my significant holdings simply because the wallet doesn't open on a Macintosh. I have been forced to leave my coins on exchanges because of this, and I am fed up about it.

I will repost my post that keeps getting buried about the Mac wallet, give it 12 hours to hopefully receive an answer, and then I am dumping if I can't resolve the issue.

I'd really rather not, but it would seem my question shouldn't be so difficult to answer, and I am through with leaving the coins on exchanges and not being able to participate in staking.

I really appreciate anyone taking the time to try and help me.

Here it is again…

Hello all,

Is there anything special I need to do to open the wallet on a Mac?

I have two macs, one with Mountain Lion and one with a fresh install of Mavericks.

I drag the wallet into both computers' application folder per the instructions of the .DMG installer, then click BTCD to open it and get nothing. No wallet program appears on either computer. Both computers just act like nothing happened at all (aside from a brief blink immediately after attempting to open the wallet).

Am I doing something wrong?

Do I need to install something else or run a terminal command of some sort to get the wallet to open, like Homebrew, Xcode or something? Do I need to manually set something additional up?

If it helps, the Mountain Lion one is completely updated and so is the Mavericks one. The Mavericks one has absolutely no programs whatsoever on it, outside of the original, fresh install of Mavericks (fully updated) and BTCD wallet downloaded from the link on Page 1 of this thread. I also tried downloading the wallet from the link on the official website, only to get the same result.

I see the below items on page 1 under the "BTCD Config Section", but I am not sure where or how I would enter this information without a wallet open. Please help a BTCD newbie out!

rpcuser=user
rpcpassword=pass
rpcport=14632
port=14631
daemon=1
gen=1
server=1
addnode=107.170.59.196
addnode=146.185.188.6
addnode=74.91.20.250:39997
addnode=54.85.50.15:50288
addnode=107.170.148.50:14631
addnode=65.129.66.246:57762
addnode=31.220.4.41
addnode=98.226.66.65
addnode=193.219.117.63
addnode=62.210.141.204
addnode=128.199.172.165
addnode=192.99.143.114
addnode=178.20.169.208
addnode=195.34.100.2:42038
addnode=5.101.107.239:60056

I am hoping I just missed a post on how to get the wallet running (and that someone can point me in the right direction). Thanks in advance for any help!
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September 03, 2014, 10:56:05 PM
 #5491

With Cryptsy the secret to a successful BTCD withdrawal is to withdraw small amounts at a time.  Up to 75 BTCD I have had no problem.  300 BTCD = problem.  They probably are staking and are reluctant to let those funds go so they blame it on software malfunction or whatever.   It's kind of a big joke.

I had a problem with 68 btcd 2 weeks ago. it was pending for a couple of days

O_o
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September 03, 2014, 10:58:27 PM
 #5492

My 230 been stuck for nearly a week now . Ffs.

To the guy that wants to dump, please do so on bittrex. My btc are waiting.





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SuperNET.org
..BarterDEX..
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September 03, 2014, 11:01:44 PM
 #5493

CrimsonPermanentAssurance Sorry I have never used a MAC. I have no idea how to help you.
If you wait someone from the dev team, I am sure you will get an answer. We are not all in the same time zone. Some people are awake, some others might be sleeping.
As for the dump you said, you are doing good for all of us :-)
Thanks in advance if you do that.

O_o
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September 03, 2014, 11:03:08 PM
 #5494

My 230 been stuck for nearly a week now . Ffs.

To the guy that wants to dump, please do so on bittrex. My btc are waiting.

I didn't originally take this forum to be one of smart asses, rather I thought the people here were helpful to each other. It's a real bummer to be made to feel otherwise. Thanks.
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September 03, 2014, 11:11:16 PM
 #5495

My 230 been stuck for nearly a week now . Ffs.

To the guy that wants to dump, please do so on bittrex. My btc are waiting.

I didn't originally take this forum to be one of smart asses, rather I thought the people here were helpful to each other. It's a real bummer to be made to feel otherwise. Thanks.

I sent you a private message 30 minutes ago :p If you would still like some help I would happy to assist you.
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September 03, 2014, 11:13:52 PM
 #5496

My 230 been stuck for nearly a week now . Ffs.

To the guy that wants to dump, please do so on bittrex. My btc are waiting.

I didn't originally take this forum to be one of smart asses, rather I thought the people here were helpful to each other. It's a real bummer to be made to feel otherwise. Thanks.

I sent you a private message 30 minutes ago :p If you would still like some help I would happy to assist you.

Wow, I didn't see that. I'd love some help. Thank you!
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September 03, 2014, 11:15:55 PM
 #5497

My 230 been stuck for nearly a week now . Ffs.

To the guy that wants to dump, please do so on bittrex. My btc are waiting.

I didn't originally take this forum to be one of smart asses, rather I thought the people here were helpful to each other. It's a real bummer to be made to feel otherwise. Thanks.

I sent you a private message 30 minutes ago :p If you would still like some help I would happy to assist you.

Wow, I didn't see that. I'd love some help. Thank you!

 Smiley I hope you find a solution.

O_o
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September 03, 2014, 11:21:41 PM
Last edit: September 03, 2014, 11:34:56 PM by jd1959
 #5498

Hi James
Is there anything that can be done with exchanges staking coins. I believe this is causing many problems. Maybe we need to withdraw all support from exchanges that delay withdrawals so they can stake.

They make money on trades, and its not there money to stake its our money. After watching this thread I am withdrawing all of my assets from Crypsty. It's not much but its a matter of principle.

And if nothing else I believe that you are a man of principle. If nothing else works maybe you create p2p exchange within Supernet (you are probably already on it and I missed it) and give people the option of trading

directly without any external exchange.

I'm sure that exchanges would be much better citizens if there was a threat to there current position.

Jon

P.S I know you have many things to keep you busy......But I've seen what a word from jl777 can achieve

Jon  Wink    

          dICO Disguised Instant Cash Out
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September 03, 2014, 11:31:51 PM
 #5499

I sent you a private message 30 minutes ago :p If you would still like some help I would happy to assist you.

Thanks again. I replied to your message and will continue to do so privately until we hopefully sort this out.

And to the whole community, if we sort this out, I will be happy to write a how-to on the issue for other people having the same problem. I can't be the only one.
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September 03, 2014, 11:34:52 PM
 #5500

Hi James
Is there anything that can be done with exchanges staking coins. I believe this is causing many problems. Maybe we need to withdraw all support from exchanges that delay withdrawals so they can stake.

They make money on trades, and its not there money to stake its our money. After watching this thread I am withdrawing all of my assets from Crypsty. It's not much but its a matter of principle.

And if nothing else I believe that you are a man of principle. If nothing else works maybe you create p2p exchange within Supernet and give people the option of trading directly without any external exchange.

I'm sure that exchanges would be much better citizens if there was a threat to there current position.

Jon

P.S I know you have many things to keep you busy......But I've seen what a word from jl777 can achieve

Jon  Wink    
you mean like MGW to issue mgwBTCD and using NXT AE?
or InstantDEX Smiley

cryptsy is still holding 5000 of my BTCD Sad
almost three weeks
they finally just cancelled the withdraw.
I think I might have to sell it, withdraw as BTC and repurchase, but just too busy to hassle with it now

It seems cryptsy is not solving my problem.

James

P.S. anyone know why BBR is surging again?

http://www.digitalcatallaxy.com/report2015.html
100+ page annual report for SuperNET
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