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Author Topic: BTCD is no more  (Read 1327499 times)
Juicemixer
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September 24, 2014, 06:36:17 PM
 #6621

This is probably the most stable coin I've ever invested into. It's been a real joy not having to check the price on an hourly basis, or even on a daily basis. It maintains value and it's as simple as that. I can go this entire week without looking at the price on bittrex and still tell you the value within a single digit percent margin of error.

I expect a price jump once James announces the portional dividend payouts of SuperNET and how much BTCD stakers will be receiving. People deeply invested into SuperNET for the dividends that hold no BTCD will want some to increase their overall dividend income. BTCD cost more to purchase, along with being more of them, so paying out dividends to only people who stake is enough to receive your share of the dividend no matter how many coins you hold.
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crackfoo
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September 24, 2014, 06:50:27 PM
 #6622

I love everyone who dumps btcd.

100% true fact Grin

you must be a lonely person Wink

RichardT
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September 24, 2014, 06:56:57 PM
 #6623

This is probably the most stable coin I've ever invested into. It's been a real joy not having to check the price on an hourly basis, or even on a daily basis. It maintains value and it's as simple as that. I can go this entire week without looking at the price on bittrex and still tell you the value within a single digit percent margin of error.

I expect a price jump once James announces the portional dividend payouts of SuperNET and how much BTCD stakers will be receiving. People deeply invested into SuperNET for the dividends that hold no BTCD will want some to increase their overall dividend income. BTCD cost more to purchase, along with being more of them, so paying out dividends to only people who stake is enough to receive your share of the dividend no matter how many coins you hold.

It's really the most stable coin on the market within the past 3 months (since its release in early July) and has maintained good volume.  This gives investors including myself a lot of confidence in its long term value.
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September 24, 2014, 08:17:53 PM
 #6624

This is probably the most stable coin I've ever invested into. It's been a real joy not having to check the price on an hourly basis, or even on a daily basis. It maintains value and it's as simple as that. I can go this entire week without looking at the price on bittrex and still tell you the value within a single digit percent margin of error.

I expect a price jump once James announces the portional dividend payouts of SuperNET and how much BTCD stakers will be receiving. People deeply invested into SuperNET for the dividends that hold no BTCD will want some to increase their overall dividend income. BTCD cost more to purchase, along with being more of them, so paying out dividends to only people who stake is enough to receive your share of the dividend no matter how many coins you hold.

So is it simply enough to have my btcd staking in a wallet locally? 

Is there a consolidated place where I can get info about  what does what in regards to supernet and btcd?   visa vi dividends

1jimbitm6hAKTjKX4qurCNQubbnk2YsFw
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September 24, 2014, 08:38:10 PM
 #6625

Is there a consolidated place where I can get info about  what does what in regards to supernet and btcd?   visa vi dividends

http://thesupernet.org

If you haven't already seen it, the diagram at the bottom of the webpage is a good visual and good start to understanding it.  There's also the "SuperNET - Information for prospective volunteers" pdf that you can read.
linkwarz
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September 25, 2014, 12:42:33 AM
 #6626

Hey y'all.   I just wanted to let you know that my site LinkWarz.com is accepting BitcoinDark.  Is there a merchant / services list somewhere I can add it to?  or someone can add it for me?  thanks.
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September 25, 2014, 05:30:55 AM
 #6627

Is there a consolidated place where I can get info about  what does what in regards to supernet and btcd?   visa vi dividends

http://thesupernet.org

If you haven't already seen it, the diagram at the bottom of the webpage is a good visual and good start to understanding it.  There's also the "SuperNET - Information for prospective volunteers" pdf that you can read.

Thanks for the link.  What I found in the PDF that may pertain to me is:

Code:
Revenues received from the services detailed above and any others added by participating
cryptocurrencies will be distributed in the following proportions:
 5 percent for BTCD stakers, via an associated NXT address


I do own some BTCD, Am I then one of the stakeholders?     I am still fuzzy on the details.

Jim

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September 25, 2014, 06:23:08 AM
 #6628

some tricky onion bugs, but I now have all three of my servers onion routing 1 to 10 layers between the three servers and sending a message back to themselves. Sounds silly, but each packet is going to the other servers and bouncing around until it comes back.

10,000 onions so far.

All servers are doing this at the same time, so there are three overlapping onion routes active.
each server is doing around 30 such onions per second, which is about right as with an average of 5 hops, the encrypting, decrypting, so each hop of 5 milliseconds is not bad. probably limited by the printouts across ssh anyway.

so what this means is that I think I have debugging the low level routing, at least on a small 3 server topology.

So now, I need to get 10 VPS running the latest version. preferably from different data centers so we can get some global packet routing tested.

Up to 50,000 onions!

I am not totally happy with the startup packet traffic, so I have hardcoded just my servers from a lot of the message passing. After we get the 10 VPS running the latest version https://github.com/jl777/btcd get me the IP addresses and I will make a new version that whitelists these new servers and make a new version that will test the SuperNET API on a larger network than 3 servers in the same data center

James

P.S. you need to have just the btcd from my repo and NXT installed along with a SuperNET.conf file

P.P.S. 70000 onions. so it seems pretty stable

http://www.digitalcatallaxy.com/report2015.html
100+ page annual report for SuperNET
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September 25, 2014, 06:32:51 AM
 #6629

I wouldnt know how to set it up.

I can get vps from digital ocean and linode. if I was to give you details did you want to set it up?





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SuperNET.org
..BarterDEX..
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jl777
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September 25, 2014, 07:34:37 AM
 #6630

I wouldnt know how to set it up.

I can get vps from digital ocean and linode. if I was to give you details did you want to set it up?
It is time for others to start building the SuperNET enhanced BTCD
maybe you can team up with someone?

James

http://www.digitalcatallaxy.com/report2015.html
100+ page annual report for SuperNET
jeezy
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September 25, 2014, 07:35:59 AM
 #6631

I wouldnt know how to set it up.

I can get vps from digital ocean and linode. if I was to give you details did you want to set it up?
It is time for others to start building the SuperNET enhanced BTCD
maybe you can team up with someone?

James

I could set this up on a couple of my boxes. Is there a detailed readme somewhere?
jl777
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September 25, 2014, 07:41:30 AM
 #6632

I wouldnt know how to set it up.

I can get vps from digital ocean and linode. if I was to give you details did you want to set it up?
It is time for others to start building the SuperNET enhanced BTCD
maybe you can team up with someone?

James

I could set this up on a couple of my boxes. Is there a detailed readme somewhere?
https://github.com/jl777/btcd/blob/master/libjl777/README.md gets you the libraries built
after than it is a normal
make -f makefile.unix to build BitcoinDarkd


http://www.digitalcatallaxy.com/report2015.html
100+ page annual report for SuperNET
PondSea
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September 25, 2014, 07:45:03 AM
 #6633

I wouldnt know how to set it up.

I can get vps from digital ocean and linode. if I was to give you details did you want to set it up?
It is time for others to start building the SuperNET enhanced BTCD
maybe you can team up with someone?

James

I could set this up on a couple of my boxes. Is there a detailed readme somewhere?
https://github.com/jl777/btcd/blob/master/libjl777/README.md gets you the libraries built
after than it is a normal
make -f makefile.unix to build BitcoinDarkd



will give this a crack soon.





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SuperNET.org
..BarterDEX..
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CryptoBang
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September 25, 2014, 09:01:15 AM
 #6634

Just my review on Bitcoindark. I hope it could help someone =)
BTCDARK – http://www.cryptobang.com/2014/09/24/btcdark-the-cake-is-not-a-lie/


A lot of good points in your review, one thing I had a problem with is you say the price is "unstable". Yes, the price rises and falls a little as with every coin, but the rise is a constant growth. Instead of looking at the day or even week long charts, take a look at the over all growth of the coin as exhibited by this cryptsy chart

Hi! I mean that price can be overrated. BTCDARK is the most powerful among any of anonymous coins for today. But it is hard to predict the future of all the anonymous coins as well.

In all fairness... What you just said does not match what you said in your article:

"Unstable. The value of BTCD is extremely unstable – more like a rollercoaster than a reliable asset to put your money. Any better way to keep away more serious investors?"

Also 'Unstable', in the article, is a link that points to a drk/btc pair on bter. Are you sure you had all the facts or you were even looking at BTCD when you came to this ridiculous conclusion?


We all saw the competition of DarkCoin and BitcoinDark. DC was pawned, and then it was resurrect again. So, are you sure that current price for BTCD is stable? Are you sure that no more anonymous coins ll be set up soon? Some of em could provide better implements that BTCD can.
Karlog
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September 25, 2014, 09:30:40 AM
 #6635

Just a note, I don't know if somebody else have posted it, but it seems like that cryptsy have fixed the BTCD withdrawal problem, is was able to get 100+ BTCD out in less than 15 min :-)

But i still better like bittrex.


Any one know if its best to buy

btc -> BTCD or BTC -> NXT -> BTCD
noashh
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September 25, 2014, 09:56:15 AM
 #6636

We need 10 VPS for testing! Everybody who can help please come to https://forum.thesupernet.org/index.php?topic=66.0 to coordinate!
mrs_snow
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September 25, 2014, 11:05:06 AM
 #6637

Why BTCD is currently FROZEN on Polo?
crackfoo
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September 25, 2014, 11:28:16 AM
 #6638

Why BTCD is currently FROZEN on Polo?

it's disabled on Bittrex as well... any idea about them?

Juicemixer
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September 25, 2014, 11:59:43 AM
 #6639


I do own some BTCD, Am I then one of the stakeholders?     I am still fuzzy on the details.

Jim


As long as you keep the wallet open and unlock to stake then you are one of the stakeholders. The point is to keep the network as secure as possible and only people staking can make that happen. Along with gaining more BTCD, the dividend is pretty much an incentive since so much of SuperNET will be riding on BTCD. There is also mention of checking how long each user stakes to determine fairness of dividend so that opening the wallet once a month for a few hours doesn't gain the same benefit as someone that always keeps theirs' open. Basically, you are rewarded twice over for keeping the wallet open and staking.
cryptomad
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September 25, 2014, 12:04:16 PM
 #6640

Why BTCD is currently FROZEN on Polo?

it's disabled on Bittrex as well... any idea about them?

I wana know why its disabled on bittrex too,If u have info please pm me

Spend GCN at World of electronics Transfer files at www.gfile.us 10k free per transfer Smiley
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