Author

Topic: BTCD is no more - page 325. (Read 1328490 times)

legendary
Activity: 1176
Merit: 1134
August 25, 2014, 06:56:01 PM



0.5% of the coinsupply was sold in the same instant!
Within half hour it mostly bounces back. I think some traders are still assuming BTCD will act normally
maybe it will, maybe it wont.

What coin can handle such a sell and absorb it with not even a 10% hit to price? currently  around .0085

all this IRC and crazy market has been quite distracting...
I will get some breakfast now and finally start coding today

James
newbie
Activity: 9
Merit: 0
August 25, 2014, 06:55:13 PM
Quote
*Turing Complete Scripting in C

Does this imply the same capabilities than Ethereum talks about?
For example, can you script it such that you're paid for providing resources? like disk space

Quote
Teleport Technology
Has this anonymity feature been implemented and tested yet?


No linux wallet! Sad
Any chance to release the wallet source code?
(Any reason for not doing so?)


BTW, http://www.bitcoindark.org/ is offline

hero member
Activity: 490
Merit: 500
0_0
August 25, 2014, 06:48:01 PM


hero member
Activity: 820
Merit: 1000
August 25, 2014, 06:46:53 PM
A few nervous weak hands around this 008-009 price-point understandably.  Classic flash crash to 0076 on bittrex.  Great time for new / smart money to pick up a few cheaper coins.  If you're lucky it will pull back under 007 before bouncing back through 009.  I'll put some cheeky buys around 0065 but I doubt we will get there.  (he says as trex is bought back up to 009 LOL)
hero member
Activity: 620
Merit: 500
August 25, 2014, 06:45:56 PM
i honestly cant believe that every time i check this page im at least 5 pages behind.
and the best part is its not full of spam or fud its useful information and a good proportion is from james and other devs.
this is the first coin im glad to be holding and have no intention to sell anytime soon. i much rather leave my wallet open 24/7 and collect some stake Tongue
this coin is going to be a huge success.... soon it will be LTC? whats LTC? Tongue  

LTC is what I bought for $17 and sold at $5
yes 40 LTC
Fortunately, I bought BTCD with most of it

yea i know that feeling. i bought 116 LTC at $29 and forgot about them (left on btce) then price plummeted so i put them on a usb stick. cant pluck up the guts to sell this low tho Sad
newbie
Activity: 57
Merit: 0
August 25, 2014, 06:43:41 PM
Looks like a whale or two dumped, but its back on the rise, time to snatch up some cheap coins! gobble gobble
sr. member
Activity: 1456
Merit: 253
Margin Trader
August 25, 2014, 06:43:04 PM
when price is down ?
legendary
Activity: 1176
Merit: 1134
August 25, 2014, 06:41:52 PM
Someone just sold around 5000 BTCD on both exchanges. If you look at 12 hour chart, it shows quite a different picture than 1 week chart

somebody bought all that BTCD and so now we have a new BTCD owner with a higher cost basis. This process of WH selling and lowering the price, causing more WH to sell is a necessary and expected thing to happen and also explains why things go in waves.

I did warn that price can easily drop 20% to 30% at anytime. I guess the flip side of going up 40% on any given day.

This is why I would have preferred the slower 5% per day steady gains...
Now there will be some people who have BTCD and hodling at a loss, which is always psychologically more difficult than hodling with a profit. Just think in terms of more normal investments. Do you expect massive gains instantly? If you do, then you can easily get massive losses. Patience is the key. As long as nothing fundamental has changed, then all this price increase has done is accelerate the timeframe to Top 10

I wonder who predicted BTCD would be in the Top 10...

James
hero member
Activity: 490
Merit: 500
0_0
August 25, 2014, 06:41:44 PM
i honestly cant believe that every time i check this page im at least 5 pages behind.
and the best part is its not full of spam or fud its useful information and a good proportion is from james and other devs.
this is the first coin im glad to be holding and have no intention to sell anytime soon. i much rather leave my wallet open 24/7 and collect some stake Tongue
this coin is going to be a huge success.... soon it will be LTC? whats LTC? Tongue  

LTC is what I bought for $17 and sold at $5
yes 40 LTC
Fortunately, I bought BTCD with most of it
hero member
Activity: 620
Merit: 500
August 25, 2014, 06:37:07 PM
i honestly cant believe that every time i check this page im at least 5 pages behind.
and the best part is its not full of spam or fud its useful information and a good proportion is from james and other devs.
this is the first coin im glad to be holding and have no intention to sell anytime soon. i much rather leave my wallet open 24/7 and collect some stake Tongue
this coin is going to be a huge success.... soon it will be LTC? whats LTC? Tongue  
hero member
Activity: 490
Merit: 500
0_0
August 25, 2014, 06:36:01 PM
I have coins received from mining pool during PoW in one address, coins received from exchanges in another address, a few bits from faucet in another address, coins received from multipool in another address.
They all stake in different times.
Is there a way to put all of them in one address so they will stake together?
member
Activity: 106
Merit: 10
August 25, 2014, 06:35:20 PM
Who has experiences with the trading of mgwBTC, mgwBTCD on AE?
legendary
Activity: 1540
Merit: 1016
August 25, 2014, 06:35:07 PM
The wall at 0.009 was me, selling my 1149 BTCD, mined with two cheap 1TH/s rigs from betarigs on the first day in less than a day :-)

https://blockchain.info/de/address/1KvUQygovk6iJgk4aCjz5WTA7mSdeY62VC

Thank you :-)



good deal. but i think it is too late to buy now.
hero member
Activity: 820
Merit: 1000
August 25, 2014, 06:31:35 PM
The wall at 0.009 was me, selling my 1149 BTCD, mined with two cheap 1TH/s rigs from betarigs on the first day in less than a day :-)

https://blockchain.info/de/address/1KvUQygovk6iJgk4aCjz5WTA7mSdeY62VC

Thank you :-)


That's some profit, congratulations and I don't blame you for selling it now.  You will have to remember that you profited very well, even when this coin is worth well over > 0.01 (which I think it's pretty clear it will).  There are going to be a few people like you that will want to get out around 0.008-0.01.  A few will regret it too.  This is the most exciting coin to have come out in the last year or more, and could well take the place as the #2 coin beside BTC within 12 months. Personally I see $10 as happening fairly quickly, within a month or two.  $50 within 6 months is very plausible given the tech, and what it will offer to BTC and all other coins.  Something to ponder...
hero member
Activity: 577
Merit: 500
August 25, 2014, 06:20:33 PM

BitcoinDark Block Explorer: http://stakexplorer.com:1234

Enjoy it.

Donations to R9kZxVTw2hk4oU8cKbSPcjFxnE7wBf1rWr are appreciated.



just checked my a/c using the Explorer and got a nasty surprise - the balance showing was approx half what it should have been. Reasoning (or more like fervently hoping) I hadn't been hacked - why would any hacker leave half the balance? - I opened my wallet, waited 5 mins for it to sync (seemed longer somehow) to find the entire balance showing correctly.

Unless it's my wallet that's wrong, it must be the Explorer - they can't both be right

These sort of shocks I can do without  Smiley

The balance will only be correct on a fully synched wallet.

the wallet is fully synched and I've just searched the a/c again in the explorer with the same result as before - i.e. balance shown in the explorer is approx half what's actually in the wallet.

The total received figure and the number of transactions in is correct but the number of transactions out is incorrect (the search results refer to 2 t/actions out totalling 462.96 when in fact there have been 5 t/actions out totalling 11.1).


I have checked the development fund address, and its balance is 1012.237 BTCD, which should be right.

So I think you may misunderstand the stake amount and balance listed in the stake block explorer.


Thanks for your reply.

Yes, totally misunderstood and unfortunately I'm really still none the wiser so any further clarification would be very welcome  Smiley

I had expected to see the same info as shown in my wallet (as regards total BTCD and transaction details) and in the search results when I searched in http://stakexplorer.com:1234 against my BTCD address (I've so far only used one address for sending/receiving BTCD to/from my wallet).

However, like I say, although the transactions in are the same (as between my wallet and the search results), the transactions out are not: I've made 5 transactions out totalling 11.1 BTCD, whereas the search results don't refer to any of those transactions out but instead refer to 2 transactions out totalling 462.96,  neither of which in fact I made.

From your reply I assume these 2 transactions out must have something to do with staking, yes?

In my wallet overview tab, the stake amount is shown as 0.00, as is the unconfirmed amount.

Many thanks in advance for any further clarification

hero member
Activity: 938
Merit: 500
https://youengine.io/
August 25, 2014, 06:13:57 PM
The wall at 0.009 was me, selling my 1149 BTCD, mined with two cheap 1TH/s rigs from betarigs on the first day in less than a day :-)

https://blockchain.info/de/address/1KvUQygovk6iJgk4aCjz5WTA7mSdeY62VC

Thank you :-)

legendary
Activity: 1176
Merit: 1134
August 25, 2014, 06:12:28 PM
It is clear that many of you are actually wanting to (or are) day trading BTCD
could make or lose you a lot of money and depending on market liquidity and the amounts you are trading, it might be an issue each time you change directions of your trade

What if there was a way to "sell" BTCD without actually having to sell it?
What if you could lock in the current price and then without ever selling/buying BTCD you could change from long to neutral to short to long, etc.?

Well I talked to my friend shortNXT who issued the asset he is named after. this is a virtual asset that goes in the opposite direction of NXT. So if NXT goes up 5%, shortNXT goes down 5%. If NXT goes down 5%, shortNXT goes up 5%.

See, just like up is down, down is up Smiley

I was able to convince him to issue shortBTCD!

I think by tomorrow, you will be able to market time BTCD without touching your actual BTCD, this means you can even be staking with your BTCD while you hedge against down moves, lock in ATH, remove the hedge when you feel it is at a bottom, etc.

Very cool stuff, if you are into this type of thing

James

What I observed is when LTC-BTC was going down, BTCD-BTC was going up.
Sometimes when LTC-BTC was going up, BTCD-BTC was going up too.
both cases vice versa
Without many thousands of historical samples and only the best of millions of possible features, I find it hard to make SVM predictors that are more than 70% accurate

James
hero member
Activity: 490
Merit: 500
0_0
August 25, 2014, 06:11:52 PM
by the way, www.bitcoindark.org is down for hours
legendary
Activity: 1176
Merit: 1134
August 25, 2014, 06:10:38 PM
Here is the official announcement for it

https://nxtforum.org/assets-board/shortbtcd/

James
hero member
Activity: 490
Merit: 500
0_0
August 25, 2014, 06:08:46 PM
It is clear that many of you are actually wanting to (or are) day trading BTCD
could make or lose you a lot of money and depending on market liquidity and the amounts you are trading, it might be an issue each time you change directions of your trade

What if there was a way to "sell" BTCD without actually having to sell it?
What if you could lock in the current price and then without ever selling/buying BTCD you could change from long to neutral to short to long, etc.?

Well I talked to my friend shortNXT who issued the asset he is named after. this is a virtual asset that goes in the opposite direction of NXT. So if NXT goes up 5%, shortNXT goes down 5%. If NXT goes down 5%, shortNXT goes up 5%.

See, just like up is down, down is up Smiley

I was able to convince him to issue shortBTCD!

I think by tomorrow, you will be able to market time BTCD without touching your actual BTCD, this means you can even be staking with your BTCD while you hedge against down moves, lock in ATH, remove the hedge when you feel it is at a bottom, etc.

Very cool stuff, if you are into this type of thing

James

What I observed is when LTC-BTC was going down, BTCD-BTC was going up.
Sometimes when LTC-BTC was going up, BTCD-BTC was going up too.
both cases vice versa
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