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Author Topic: BTCD is no more  (Read 1328437 times)
Starfleet.Intelligence
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November 21, 2014, 02:23:29 PM
 #7641

What's NW stake?

The network stake weight, or the total number of coins that are staking at any point in time.  If you are staking, hover over the green arrow in your wallet and it will display three things....

1) Your weight
2) NW stake weight
3) Expected time to earn reward

Right now we have 46k Network weight. Last time we had about >100k. Does this mean now half the ammount of coins is staking? What compounds to "network weight" and "your weight"?
Makes no sense to me that Network weight varies that much. BTCD is a explicit HODL-coin and I think majority of coinholders is staking.

Another question: Do you think theres a possibility to return to all time high of ~ 0.015 BTC and break the downward trend? Just curious and asking because im not sure weather to invest in BTCD and/or superNET...  Roll Eyes
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gitbknowsall
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November 21, 2014, 06:18:54 PM
 #7642

What's NW stake?

The network stake weight, or the total number of coins that are staking at any point in time.  If you are staking, hover over the green arrow in your wallet and it will display three things....

1) Your weight
2) NW stake weight
3) Expected time to earn reward

Right now we have 46k Network weight. Last time we had about >100k. Does this mean now half the ammount of coins is staking? What compounds to "network weight" and "your weight"?
Makes no sense to me that Network weight varies that much. BTCD is a explicit HODL-coin and I think majority of coinholders is staking.

Another question: Do you think theres a possibility to return to all time high of ~ 0.015 BTC and break the downward trend? Just curious and asking because im not sure weather to invest in BTCD and/or superNET...  Roll Eyes

I sold a third of my current holdings on tuesday night, Ill be selling more over the course of the weekend. All my transactions are off market, so nothing I hold will be staking until I've completed my sales.
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November 21, 2014, 07:11:33 PM
 #7643

I sold a third of my current holdings on tuesday night, Ill be selling more over the course of the weekend. All my transactions are off market, so nothing I hold will be staking until I've completed my sales.

Hmm, that means it will lower down to 430-450k. Thanks for the warning Smiley
bitkokos
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November 21, 2014, 10:54:15 PM
 #7644

to get current prices for almost every coin, try an android app called Litecoin widget.
You can place widgets on your device's desktop showing you the price of e.g. BTCD/BTC and USD. You can put several exchanges.
You can customize it to auto-update every n amount of time or just click the widget to update price.

URL here
https://play.google.com/store/apps/details?id=de.schildbach.wallet_ltc&hl=en

O_o
McDoxy1
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November 21, 2014, 11:18:38 PM
 #7645

to get current prices for almost every coin, try an android app called Litecoin widget.
You can place widgets on your device's desktop showing you the price of e.g. BTCD/BTC and USD. You can put several exchanges.
You can customize it to auto-update every n amount of time or just click the widget to update price.

URL here
https://play.google.com/store/apps/details?id=de.schildbach.wallet_ltc&hl=en

I had the Litecoin widget for a long time, but sometimes had alot of issues with fetching the prices.
I can recommend the app PocketCrypto. It gives all the current prices and calculates your total net worth from your entire portfolio in BTC and USD
Zer0Sum
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November 22, 2014, 03:28:20 AM
 #7646

What's NW stake?

The network stake weight, or the total number of coins that are staking at any point in time.  If you are staking, hover over the green arrow in your wallet and it will display three things....

1) Your weight
2) NW stake weight
3) Expected time to earn reward

Right now we have 46k Network weight. Last time we had about >100k. Does this mean now half the ammount of coins is staking? What compounds to "network weight" and "your weight"?

Makes no sense to me that Network weight varies that much. BTCD is a explicit HODL-coin and I think majority of coinholders is staking.

Look at coin control in your wallet to get more insight into staking...
Or buy a High Stake coin that pays 200% or whatever to experiment and learn.

Large fluctuations in Network Weight...
Are generally caused by whales with large blocks staking (hi) and then recharging (lo).
bitkokos
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November 22, 2014, 06:49:12 AM
 #7647

to get current prices for almost every coin, try an android app called Litecoin widget.
You can place widgets on your device's desktop showing you the price of e.g. BTCD/BTC and USD. You can put several exchanges.
You can customize it to auto-update every n amount of time or just click the widget to update price.

URL here
https://play.google.com/store/apps/details?id=de.schildbach.wallet_ltc&hl=en

I had the Litecoin widget for a long time, but sometimes had alot of issues with fetching the prices.
I can recommend the app PocketCrypto. It gives all the current prices and calculates your total net worth from your entire portfolio in BTC and USD

I had litecoin widget before and yes there was a problem with it as you say. After they updated it, it works OK.

O_o
durdur23
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November 22, 2014, 08:04:38 PM
 #7648

What's NW stake?

The network stake weight, or the total number of coins that are staking at any point in time.  If you are staking, hover over the green arrow in your wallet and it will display three things....

1) Your weight
2) NW stake weight
3) Expected time to earn reward

Right now we have 46k Network weight. Last time we had about >100k. Does this mean now half the ammount of coins is staking? What compounds to "network weight" and "your weight"?

Makes no sense to me that Network weight varies that much. BTCD is a explicit HODL-coin and I think majority of coinholders is staking.

Look at coin control in your wallet to get more insight into staking...
Or buy a High Stake coin that pays 200% or whatever to experiment and learn.

Large fluctuations in Network Weight...
Are generally caused by whales with large blocks staking (hi) and then recharging (lo).
Sorry for interrupt, but is BTCD still staking to give 5% interest per year?
I do understand fluctuation on NW, but I have never paid close to 5% annual rate(I am very well aware of how compound rate works and I have been staking for few months).
So I am just wondering if staking doesn't work as expected or skewed.
jl777
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November 22, 2014, 09:07:04 PM
 #7649

What's NW stake?

The network stake weight, or the total number of coins that are staking at any point in time.  If you are staking, hover over the green arrow in your wallet and it will display three things....

1) Your weight
2) NW stake weight
3) Expected time to earn reward

Right now we have 46k Network weight. Last time we had about >100k. Does this mean now half the ammount of coins is staking? What compounds to "network weight" and "your weight"?

Makes no sense to me that Network weight varies that much. BTCD is a explicit HODL-coin and I think majority of coinholders is staking.

Look at coin control in your wallet to get more insight into staking...
Or buy a High Stake coin that pays 200% or whatever to experiment and learn.

Large fluctuations in Network Weight...
Are generally caused by whales with large blocks staking (hi) and then recharging (lo).
Sorry for interrupt, but is BTCD still staking to give 5% interest per year?
I do understand fluctuation on NW, but I have never paid close to 5% annual rate(I am very well aware of how compound rate works and I have been staking for few months).
So I am just wondering if staking doesn't work as expected or skewed.
what rate are you getting?
are you on a Mac?
also, if you have small amount, variations can be large

one way to smooth out payout is to split into different addresses. theoretically it should be the same, but in practice is seems to boost the results

James

http://www.digitalcatallaxy.com/report2015.html
100+ page annual report for SuperNET
bitkokos
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November 22, 2014, 10:01:58 PM
 #7650

What's NW stake?

The network stake weight, or the total number of coins that are staking at any point in time.  If you are staking, hover over the green arrow in your wallet and it will display three things....

1) Your weight
2) NW stake weight
3) Expected time to earn reward

Right now we have 46k Network weight. Last time we had about >100k. Does this mean now half the ammount of coins is staking? What compounds to "network weight" and "your weight"?

Makes no sense to me that Network weight varies that much. BTCD is a explicit HODL-coin and I think majority of coinholders is staking.

Look at coin control in your wallet to get more insight into staking...
Or buy a High Stake coin that pays 200% or whatever to experiment and learn.

Large fluctuations in Network Weight...
Are generally caused by whales with large blocks staking (hi) and then recharging (lo).
Sorry for interrupt, but is BTCD still staking to give 5% interest per year?
I do understand fluctuation on NW, but I have never paid close to 5% annual rate(I am very well aware of how compound rate works and I have been staking for few months).
So I am just wondering if staking doesn't work as expected or skewed.
my BTCD are staking exactly as they should.
If lets say you have 1000 BTCD, you will normally expect 50 BTCD interest per year. 50/365 that's around 0.137 BTCD per day

O_o
durdur23
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November 23, 2014, 05:15:47 AM
 #7651

What's NW stake?

The network stake weight, or the total number of coins that are staking at any point in time.  If you are staking, hover over the green arrow in your wallet and it will display three things....

1) Your weight
2) NW stake weight
3) Expected time to earn reward

Right now we have 46k Network weight. Last time we had about >100k. Does this mean now half the ammount of coins is staking? What compounds to "network weight" and "your weight"?

Makes no sense to me that Network weight varies that much. BTCD is a explicit HODL-coin and I think majority of coinholders is staking.

Look at coin control in your wallet to get more insight into staking...
Or buy a High Stake coin that pays 200% or whatever to experiment and learn.

Large fluctuations in Network Weight...
Are generally caused by whales with large blocks staking (hi) and then recharging (lo).
Sorry for interrupt, but is BTCD still staking to give 5% interest per year?
I do understand fluctuation on NW, but I have never paid close to 5% annual rate(I am very well aware of how compound rate works and I have been staking for few months).
So I am just wondering if staking doesn't work as expected or skewed.
what rate are you getting?
are you on a Mac?
also, if you have small amount, variations can be large

one way to smooth out payout is to split into different addresses. theoretically it should be the same, but in practice is seems to boost the results

James

Thanks for the response.
I am using it on Windows and have some good amount.
I haven't really calculated the interest rate meticulously, but I used to get 50~80% of the expected interest and haven't really gotten more than expected daily interest.
I am aware that variance can happen, but I am just asking since I haven't really been on the above-average side(again, I don't calculate daily interest meticulously and I could be wrong).
The other thing is that not every BTCD holder is staking and thus, the actual interest rate should be higher than 5%(correct me if I am wrong since this is my assumption based on poor knowledge about staking).
I don't really care about interest as I am not investing for dividend, but I post a question since this topic showed up.
Thanks
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November 23, 2014, 05:28:14 AM
 #7652

What's NW stake?

The network stake weight, or the total number of coins that are staking at any point in time.  If you are staking, hover over the green arrow in your wallet and it will display three things....

1) Your weight
2) NW stake weight
3) Expected time to earn reward

Right now we have 46k Network weight. Last time we had about >100k. Does this mean now half the ammount of coins is staking? What compounds to "network weight" and "your weight"?

Makes no sense to me that Network weight varies that much. BTCD is a explicit HODL-coin and I think majority of coinholders is staking.

Look at coin control in your wallet to get more insight into staking...
Or buy a High Stake coin that pays 200% or whatever to experiment and learn.

Large fluctuations in Network Weight...
Are generally caused by whales with large blocks staking (hi) and then recharging (lo).
Sorry for interrupt, but is BTCD still staking to give 5% interest per year?
I do understand fluctuation on NW, but I have never paid close to 5% annual rate(I am very well aware of how compound rate works and I have been staking for few months).
So I am just wondering if staking doesn't work as expected or skewed.
what rate are you getting?
are you on a Mac?
also, if you have small amount, variations can be large

one way to smooth out payout is to split into different addresses. theoretically it should be the same, but in practice is seems to boost the results

James

Thanks for the response.
I am using it on Windows and have some good amount.
I haven't really calculated the interest rate meticulously, but I used to get 50~80% of the expected interest and haven't really gotten more than expected daily interest.
I am aware that variance can happen, but I am just asking since I haven't really been on the above-average side(again, I don't calculate daily interest meticulously and I could be wrong).
The other thing is that not every BTCD holder is staking and thus, the actual interest rate should be higher than 5%(correct me if I am wrong since this is my assumption based on poor knowledge about staking).
I don't really care about interest as I am not investing for dividend, but I post a question since this topic showed up.
Thanks
about what percentage of staked blocks are rejected?
80% of expected is pretty good

http://www.digitalcatallaxy.com/report2015.html
100+ page annual report for SuperNET
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November 24, 2014, 08:17:35 PM
 #7653

The latest shift for the BitcoinDark multipool paid out over 124 BTCD.

We need to have some more mining support over here at this pool It has been pretty good until the past few weeks. The lower prices are a perfect reason to point more hash at the pool. These low prices won't last for much longer as BTCD and SuperNET are nearing their v1 release.

Cheers!

ZPOOL - the miners multipool! Support We pay 10 FLUX Parallel Assets (PA) directly to block rewards! Get paid more and faster. No PA fee's or waiting around for them, paid instantly on every block found!
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November 24, 2014, 10:59:07 PM
 #7654

Tell me how much BTCD can be mined per day with 500Gh/s? Planning to buy in a miner then.
tuaris
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November 24, 2014, 11:35:28 PM
 #7655

Tell me how much BTCD can be mined per day with 500Gh/s? Planning to buy in a miner then.

BTCD is not 'mineable' since it's PoS only now.  You can still 'mine' using a multi-pool but this is not the best way to get BTCD at the moment.  Your better off buying all now with BTC directly, instead of mining altcoins, trading, and buying little by little over time.

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November 24, 2014, 11:47:51 PM
 #7656

Ah ok, definitely i'm out of that mining part..let me read in again Smiley
McDoxy1
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November 25, 2014, 06:49:29 PM
 #7657

Have you guys seen this BTCD promo video yet?  Shocked

http://vimeo.com/108150786
nwfella
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November 25, 2014, 08:34:16 PM
 #7658

Have you guys seen this BTCD promo video yet?  Shocked

http://vimeo.com/108150786
Sure have.  A little hard for me to see the lettering on the InstantDEX portion of it because my hella old laptop's screen is so dim.

¯¯̿̿¯̿̿'̿̿̿̿̿̿̿'̿̿'̿̿̿̿̿'̿̿̿)͇̿̿)̿̿̿̿ '̿̿̿̿̿̿\̵͇̿̿\=(•̪̀●́)=o/̵͇̿̿/'̿̿ ̿ ̿̿

Gimme the crypto!!
Sons_of_Crypto
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November 25, 2014, 08:50:13 PM
 #7659

Have you guys seen this BTCD promo video yet?  Shocked

http://vimeo.com/108150786

wow not bad

***Whale watching***
McDoxy1
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November 25, 2014, 08:58:14 PM
 #7660

Have you guys seen this BTCD promo video yet?  Shocked

http://vimeo.com/108150786
Sure have.  A little hard for me to see the lettering on the InstantDEX portion of it because my hella old laptop's screen is so dim.

I agree, it's definitely not perfect.

But the overall quality is pretty nice. I wonder what program was used to make this.

Imagine a whole instructional video made in this style.
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