Author

Topic: BTCD is no more - page 356. (Read 1328490 times)

full member
Activity: 155
Merit: 102
August 19, 2014, 07:16:42 PM
Is there anything special I need to do to get a Mac wallet to run?

Do I need to make a configuration file or something?

Thanks in advance for any help!
full member
Activity: 155
Merit: 102
August 19, 2014, 06:32:08 PM
Is the Mac wallet fully functioning properly yet?
other than a slightly higher reject rate for staking, it works fine for me.

How "slightly," if you don't mind my asking?
Something like 4.5% vs 5% per year, but this could be due to my horrible internet connection. It is quite possible that is creating the difference.

Thanks for the quick response!
legendary
Activity: 1176
Merit: 1134
August 19, 2014, 06:29:46 PM
Is the Mac wallet fully functioning properly yet?
other than a slightly higher reject rate for staking, it works fine for me.

How "slightly," if you don't mind my asking?
Something like 4.5% vs 5% per year, but this could be due to my horrible internet connection. It is quite possible that is creating the difference.
legendary
Activity: 1176
Merit: 1134
August 19, 2014, 06:28:43 PM
I have noticed that BTCD wallet is consuming a lot of bandwidth, I'm using more that a gig a day way more than any other wallet I'm running or have run.......is this normal?

Jon

No, it is not.

maybe in next release devs can add traffic monitor
https://github.com/dogecoin/dogecoin/blob/master/src/qt/trafficgraphwidget.cpp

there are a few rogue nodes that somehow got a hold of a test version that had debug packet sending and this is probably causing higher load
so if anybody downloaded from the dev repository, that is bad version, please get new one or just run the official release

thanks
Is there any way to remove said rogue nodes, still using to much data. I'm on satellite and only get 30 gig a month and once I've used it that's it, I struggle to even get email

Jon
I think we need to have the person(s) running the rogue nodes to stop, we will put in better blacklisting moving forward

1408490755000000 from 94.243.246.1:14631 retstr.(`?6?)

1408490768000000 from 24.253.222.103:52238 retstr.(`?6?)

the rogue nodes are running on IP addresses: 94.243.246.1 and 24.253.222.103
there are up to four at a time and the IP addresses are changing. you are running debug versions that are no good. Please revert to official release.
full member
Activity: 155
Merit: 102
August 19, 2014, 06:26:23 PM
Is the Mac wallet fully functioning properly yet?
other than a slightly higher reject rate for staking, it works fine for me.

How "slightly," if you don't mind my asking?
legendary
Activity: 1176
Merit: 1134
August 19, 2014, 06:24:35 PM
Is the Mac wallet fully functioning properly yet?
other than a slightly higher reject rate for staking, it works fine for me.
hero member
Activity: 770
Merit: 506
August 19, 2014, 06:20:33 PM
Lots of hold hold hold. yes, that is what Ive been doing.

But how does that help me as an investor in this coin.
How does that help spread usage of this coin
Selling doesnt help spread usage either.
I think BTCD will be in pretty high demand just so people can stake with it and get free teleporting for the commodity coins, like bitcoin

Think of owning BTCD like owning a membership that allows access to valuable services. Sort of like a passport, the more BTCD you have the more things you can do.

BerkshireHathaway stock is primarily a HODL stock, possibly the original HODL. It seems have done quite nicely over the years

James

I agree selling doesnt help spread usage. But actively trying to promote teh coin outside of the tech lab does.
Anyway, I see now this is not a coin intended for such usage. But isnt that what Crypto currency was supposed to
be about?


Quote
I think BTCD will be in pretty high demand just so people can stake with it and get free teleporting for the commodity coins, like bitcoin

This I don't understand at all. How can owning BTCD give me commodity coins?
I need a reason I can understand to continue buying these coins and holding on to them.
I just thought they were a truly anonymous coin and for me that signalled an edge over some.
Thats why I started buying them.


How much does it matter if you have USD, EUR or YEN?
If you have $1000 worth, then other than hassle of converting, it is all the same isnt it?

So, if you have 1 BTC or 1 BTC worth of BTCD, what is the difference?
As far as the buying power (ignoring conversion overheads) no difference. So, crypto is crypto is crypto, with automatic low overhead conversions, you should be able to view crypto not as any specific currency, but more a vector of possible currencies. OK, that came out too complicated.

Do you know of the pens that have different colors? You click the red thing to make it write red, the blue for blue, etc.? I see crypto like that. If you want BTC, click BTC, if you want BTCD click BTCD.

So, fiat -> crypto (of any color)

Now, if you want quick conversion less access to do purchasing, BTC seems to make sense. maybe for highly traded coins with enough liquidity for your uses and low spreads, you can keep it in other coins that have better properties than BTC.

Once such property is 5% per year staking. BTC mining has a built in ~8% deflation. Since not everybody is staking, with BTCD if you are staking you are actually getting net positive interest, I estimate 1% to 2%.
BTCD will also be getting some revenue sharing, but it will also let you teleport itself and other coins for free. It gives you access to InstantDEX, privacyServer is built right in, etc.

BTCD is more than just a coin, it is hard to explain in few words. As it is gaining a lot of power relatively quickly, I am expecting it to grow in value faster than BTC for a while. So, in addition to other benefits I think medium term price appreciation is another.

I leave to you if you believe these are enough reasons to hodl, if not I am sure there are others ready to buy from you

James

I appreciate you taking the time to explain things. Not entirely getting it just yet, but in time Im sure I will.
I will hold on to what I have for a while, but will be taking a step back from buying more. The reason for that
is I'm all about empowering people, the regular folks on the street, protecting privacy/liberty etc etc. Free them from the fiat banksters and their
puppets politicians. Get them using alt coins.
Whether yo believe this or not - I am not really in this to make money. Havent made anything from Alt coins so far anyway.
But thats not to say Im happy to lose investments.

Ok carry on folks Smiley
full member
Activity: 155
Merit: 102
August 19, 2014, 06:14:52 PM
Is the Mac wallet fully functioning properly yet?
hero member
Activity: 529
Merit: 505
I'm on drugs, what's your excuse?
August 19, 2014, 06:13:24 PM
I have noticed that BTCD wallet is consuming a lot of bandwidth, I'm using more that a gig a day way more than any other wallet I'm running or have run.......is this normal?

Jon

No, it is not.

maybe in next release devs can add traffic monitor
https://github.com/dogecoin/dogecoin/blob/master/src/qt/trafficgraphwidget.cpp

there are a few rogue nodes that somehow got a hold of a test version that had debug packet sending and this is probably causing higher load
so if anybody downloaded from the dev repository, that is bad version, please get new one or just run the official release

thanks
Is there any way to remove said rogue nodes, still using to much data. I'm on satellite and only get 30 gig a month and once I've used it that's it, I struggle to even get email

Jon
legendary
Activity: 1176
Merit: 1134
August 19, 2014, 06:07:29 PM
The fact that people worry about privacy oriented banking cards being "criminal" is sad really. When I desire to take financial matters back into my own hands, without having to give up my entire identity, is that criminal? I literally have done nothing criminal in my life ever, in my 30+ years of driving I haven't even gotten a citation. My desire to be (financially) private stems from the human right to privacy, it's my Life, Liberty and my pursuit of Happiness if you will, it has nothing to do with trading illicit substances or other nefarious activities. Criminals will use any infrastructure to carry out their business, they shop groceries, they drive cars, go to cinemas etc etc, just like you and me. When we do those things, does that make us criminals too? Of course not.

I am looking forward to the BTCD anon cards, besides like James said, it's even impractical for criminals to use them.
Actually if you are living in USA, you are probably a criminal as there are many many laws and they have intentionally made them so some contradict others. That means you cant follow one without breaking another and probably a third law that says if you dont follow one or the other of the contradictory laws, you are breaking the third law Smiley

All this is so that they can always leverage anybody they choose to, to make them cooperate, capitulate, pay fines, etc.

Did you know that the crypto math algorithms were classified as illegal munitions in USA? It was like having a bunch of C4 explosives if you dared to encrypt anything! Thank goodness for DJB who sued and beat the USA govt on that one

James

P.S. I dont mean to offend any of the USA peoples, they are best peoples, it is just the govt has run amok and gone totally power grabbing crazy. What is this eminent domain things? They just take your private land and give to real estate developer since the neighborhood really, really, needs more shopping stores
hero member
Activity: 529
Merit: 505
I'm on drugs, what's your excuse?
August 19, 2014, 06:04:50 PM
I don't know what anyone else thinks, but I like the idea of free teleporting as combo of Time and usage

maybe something like 12 months or 10000  transfers. When one of the conditions are meant free period ends.

I think it's at least something to consider.....would maybe make it a bit interesting if there was a countdown clock of how many freebies where left to use

I'm sure you guys will come up with something that's functional

Jon
legendary
Activity: 1176
Merit: 1134
August 19, 2014, 06:01:38 PM
Lots of hold hold hold. yes, that is what Ive been doing.

But how does that help me as an investor in this coin.
How does that help spread usage of this coin
Selling doesnt help spread usage either.
I think BTCD will be in pretty high demand just so people can stake with it and get free teleporting for the commodity coins, like bitcoin

Think of owning BTCD like owning a membership that allows access to valuable services. Sort of like a passport, the more BTCD you have the more things you can do.

BerkshireHathaway stock is primarily a HODL stock, possibly the original HODL. It seems have done quite nicely over the years

James

I agree selling doesnt help spread usage. But actively trying to promote teh coin outside of the tech lab does.
Anyway, I see now this is not a coin intended for such usage. But isnt that what Crypto currency was supposed to
be about?


Quote
I think BTCD will be in pretty high demand just so people can stake with it and get free teleporting for the commodity coins, like bitcoin

This I don't understand at all. How can owning BTCD give me commodity coins?
I need a reason I can understand to continue buying these coins and holding on to them.
I just thought they were a truly anonymous coin and for me that signalled an edge over some.
Thats why I started buying them.


How much does it matter if you have USD, EUR or YEN?
If you have $1000 worth, then other than hassle of converting, it is all the same isnt it?

So, if you have 1 BTC or 1 BTC worth of BTCD, what is the difference?
As far as the buying power (ignoring conversion overheads) no difference. So, crypto is crypto is crypto, with automatic low overhead conversions, you should be able to view crypto not as any specific currency, but more a vector of possible currencies. OK, that came out too complicated.

Do you know of the pens that have different colors? You click the red thing to make it write red, the blue for blue, etc.? I see crypto like that. If you want BTC, click BTC, if you want BTCD click BTCD.

So, fiat -> crypto (of any color)

Now, if you want quick conversion less access to do purchasing, BTC seems to make sense. maybe for highly traded coins with enough liquidity for your uses and low spreads, you can keep it in other coins that have better properties than BTC.

Once such property is 5% per year staking. BTC mining has a built in ~8% deflation. Since not everybody is staking, with BTCD if you are staking you are actually getting net positive interest, I estimate 1% to 2%.
BTCD will also be getting some revenue sharing, but it will also let you teleport itself and other coins for free. It gives you access to InstantDEX, privacyServer is built right in, etc.

BTCD is more than just a coin, it is hard to explain in few words. As it is gaining a lot of power relatively quickly, I am expecting it to grow in value faster than BTC for a while. So, in addition to other benefits I think medium term price appreciation is another.

I leave to you if you believe these are enough reasons to hodl, if not I am sure there are others ready to buy from you

James
hero member
Activity: 966
Merit: 550
August 19, 2014, 06:00:00 PM
The fact that people worry about privacy oriented banking cards being "criminal" is sad really. When I desire to take financial matters back into my own hands, without having to give up my entire identity, is that criminal? I literally have done nothing criminal in my life ever, in my 30+ years of driving I haven't even gotten a citation. My desire to be (financially) private stems from the human right to privacy, it's my Life, Liberty and my pursuit of Happiness if you will, it has nothing to do with trading illicit substances or other nefarious activities. Criminals will use any infrastructure to carry out their business, they shop groceries, they drive cars, go to cinemas etc etc, just like you and me. When we do those things, does that make us criminals too? Of course not.

I am looking forward to the BTCD anon cards, besides like James said, it's even impractical for criminals to use them.
legendary
Activity: 1176
Merit: 1134
August 19, 2014, 05:52:47 PM
Speaking of which. Do you know when your NXTforex will be up on the AE James?
Realistically that falls into the "bringing real world trading to crypto" project, which I have on my calendar for next year and it will be one of the first real world tradings I bring to InstantDEX. gold and oil are the other two markets, maybe commodities, stocks, not sure of order. Still need to work out some third party deals for trade clearing

James
hero member
Activity: 770
Merit: 506
August 19, 2014, 05:51:25 PM
Lots of hold hold hold. yes, that is what Ive been doing.

But how does that help me as an investor in this coin.
How does that help spread usage of this coin
Selling doesnt help spread usage either.
I think BTCD will be in pretty high demand just so people can stake with it and get free teleporting for the commodity coins, like bitcoin

Think of owning BTCD like owning a membership that allows access to valuable services. Sort of like a passport, the more BTCD you have the more things you can do.

BerkshireHathaway stock is primarily a HODL stock, possibly the original HODL. It seems have done quite nicely over the years

James

I agree selling doesnt help spread usage. But actively trying to promote teh coin outside of the tech lab does.
Anyway, I see now this is not a coin intended for such usage. But isnt that what Crypto currency was supposed to
be about?


Quote
I think BTCD will be in pretty high demand just so people can stake with it and get free teleporting for the commodity coins, like bitcoin

This I don't understand at all. How can owning BTCD give me commodity coins?
I need a reason I can understand to continue buying these coins and holding on to them.
I just thought they were a truly anonymous coin and for me that signalled an edge over some.
Thats why I started buying them.

member
Activity: 82
Merit: 10
August 19, 2014, 05:49:55 PM
Speaking of which. Do you know when your NXTforex will be up on the AE James?
legendary
Activity: 1176
Merit: 1134
August 19, 2014, 05:47:07 PM
Do these cards exist, or is it an idea  Huh
We are waiting for the bank guy who negotiated the details with coinomat to come back from vacation. Still good chance to be available in September as originally expected, but more likely toward the end of the month

James
full member
Activity: 154
Merit: 100
August 19, 2014, 05:46:22 PM
Do these cards exist, or is it an idea  Huh

They launch next month.
hero member
Activity: 770
Merit: 506
August 19, 2014, 05:43:40 PM
Do these cards exist, or is it an idea  Huh
member
Activity: 82
Merit: 10
August 19, 2014, 05:42:16 PM
I purchased quite a few MGW assets when it was at 3 nxt per. I already knew it was a good investment then and still do now.
Jump to: