Author

Topic: BTCD is no more - page 391. (Read 1328490 times)

legendary
Activity: 1176
Merit: 1134
August 10, 2014, 11:20:20 PM
It's one of the simplest ones  out there to figure out and is run by a really sharp and honest group of folks!..Just email them anytime and they can explain the whole business to you in under 5 minutes...
when it first came out on ripple, it was backed by 30% so it just seemed like a fractional reserve thing. I havent researched it and maybe this is different now. I just didnt understand why people would buy an asset that was only 30% backed by gold, when they could just buy gold.

My impression is from last winter, so certainly a lot could have changed. I just not into passive assets so much
full member
Activity: 236
Merit: 100
August 10, 2014, 10:20:48 PM
I have made some market rate exchanges to make sharkfund0 (asset 3006420581923704757) a one stop purchase that will benefit from Teleport

The following numbers are not 100%, I am rounding, but they are pretty close. I wont bother with <10 BTC holdings, such as FIM, NAS, NTX, etc.

sharkfund0 major holdings:

BTCD 10% ~$240K
NXT 0.4% ~$150K
InstantDEX 10% ~$100K
NXTprivacy 20% ~$70K
JLH 10% ~$70K
coinomat(1) 20% ~$50K
XCP 0.5% ~$25K
BBR 10% ~$16K

~$721K / 1415 sharkfund0 assets = ~510 USD -> 14166 NXT
I dont expect to be making many changes to the portfolio for a while and I will announce any such changes. With the above figures anybody should be able to get a pretty good NAV calculation done. I will put some assets for sale and if they sell out, I will make some more available, but maybe with the portfolio composition public info, a reasonably efficient market will form?

I will make available NAV bids for those that need some liquidity if the free market isnt being efficient enough

James

P.S. Yes, sharkfund0 has 120,000 BTCD and is most likely one of the largest BTCD hodlers. It is like an open ended mutual fund and I think it is the NXT asset with the largest trading volume and a pretty widely held asset.

No XNF?

why on earth would I have XNF? fractional reserve with precious metals that might or might not be there? I didnt understand it when they launched it on ripple, I still dont understand it

Anyway, I wanted sharkfund0 to benefit as directly from Teleport's world domination, so of course lots of BTCD, InstantDEX and NXTprivacy, but also coinomat is going to do a lot of processing. XCP I couldnt figure out how to get it from the burn address to an exchange without doing their horrible all day install and I didnt have time to fiddle with that. BBR is best cryptonote at bargain 10:1 ratio against XMR, so it is nice thing to have. And JLH just to have a broadspectrum holding to smooth things out.

I think overall the mix is pretty good and should provide a reasonably balanced price action. It is up 40% since late May when I first issued it, but of course no promises of such crazy good gains moving forward. It is a quite big fund with ~1500 assets, so over 20 million NXT worth. It can be purchased in .0001 amounts so even 1.4 NXT can get some sharkfund0

James

P.S. nobody is surprised I have so much BTCD? Cost me 100+ BTC, actually closer to 200 BTC so this is a significant investment of my capital and not to mention my time. You can say I am FULLY motivated to make BTCD have as much value as possible. I wonder how many other coin devs have put so much into their coin? I was willing to put so much in because I trust the dev to deliver the tech he is talking about Smiley

I really respect you James and have bought many assets on NXT because of it!.But i am also a owner Of XNF and am at a lose for words when you say you don't understand it!!??

It's one of the simplest ones  out there to figure out and is run by a really sharp and honest group of folks!..Just email them anytime and they can explain the whole business to you in under 5 minutes...
legendary
Activity: 1176
Merit: 1134
August 10, 2014, 08:03:28 PM
P.S. nobody is surprised I have so much BTCD? Cost me 100+ BTC, actually closer to 200 BTC so this is a significant investment of my capital and not to mention my time. You can say I am FULLY motivated to make BTCD have as much value as possible. I wonder how many other coin devs have put so much into their coin? I was willing to put so much in because I trust the dev to deliver the tech he is talking about Smiley

And this boys and girls is the reason why BTCD will go places. I have invested pretty much 60% of my online BTC assets on this coin.

I dont mind that i purchased at 500k+ and 400k+ and 300k+ and 200k+ and 100k+ because if the dev is so heavily invested in the coin he will be doing everything in his power not to lose the BTC+time he has put in.

There are really only a few developers as dedicated as James  Smiley (Side note what happened to NXTventure just realised i bought in at 33 lol)
Thanks for the support!

We are all in the same boat and I am an investor that also happens to be a coder too. The BTCD team is still very small, much smaller than it will be, so that means there are many spots open for many people to be part of this, from the ground floor. If everybody did what they can to help, then nothing can stop BTCD from top 10.

Actually I have slightly higher goals, but I am not 100% sure of achieving them so I dont make it public

As far as NXTventure goes, it has some rough spots, but I am doing what I can to fix it. Once the crypto economy gets rolling, there will be plenty of companies wanting to sell assets. I think what I did for HRNXTpool is a good example that NXTventure being involved really maximizes the results for everybody. So, while I am not satisfied with NXTventure performance these first months, long term, I still envision a regular stream of offerings and the dividends from them. I think with the position NXTventure is in, it will get the pick of the top assets to offer.  So again HODL is the recommendation Smiley

James
legendary
Activity: 1428
Merit: 1000
August 10, 2014, 07:42:42 PM
P.S. nobody is surprised I have so much BTCD? Cost me 100+ BTC, actually closer to 200 BTC so this is a significant investment of my capital and not to mention my time. You can say I am FULLY motivated to make BTCD have as much value as possible. I wonder how many other coin devs have put so much into their coin? I was willing to put so much in because I trust the dev to deliver the tech he is talking about Smiley

And this boys and girls is the reason why BTCD will go places. I have invested pretty much 60% of my online BTC assets on this coin.

I dont mind that i purchased at 500k+ and 400k+ and 300k+ and 200k+ and 100k+ because if the dev is so heavily invested in the coin he will be doing everything in his power not to lose the BTC+time he has put in.

There are really only a few developers as dedicated as James  Smiley (Side note what happened to NXTventure just realised i bought in at 33 lol)
hero member
Activity: 820
Merit: 1000
August 10, 2014, 07:40:12 PM


P.S. nobody is surprised I have so much BTCD? Cost me 100+ BTC, actually closer to 200 BTC so this is a significant investment of my capital and not to mention my time. You can say I am FULLY motivated to make BTCD have as much value as possible. I wonder how many other coin devs have put so much into their coin? I was willing to put so much in because I trust the dev to deliver the tech he is talking about Smiley

I'm not surprised at all, but I do find it very comforting that a developer is willing to put his own money on the line for a project.  I'm quite confident you will deliver too, but knowing you have a significant vested interest certainly increases my confidence to invest.  It should do for others too.  
 
legendary
Activity: 1176
Merit: 1134
August 10, 2014, 07:35:01 PM
I have made some market rate exchanges to make sharkfund0 (asset 3006420581923704757) a one stop purchase that will benefit from Teleport

The following numbers are not 100%, I am rounding, but they are pretty close. I wont bother with <10 BTC holdings, such as FIM, NAS, NTX, etc.

sharkfund0 major holdings:

BTCD 10% ~$240K
NXT 0.4% ~$150K
InstantDEX 10% ~$100K
NXTprivacy 20% ~$70K
JLH 10% ~$70K
coinomat(1) 20% ~$50K
XCP 0.5% ~$25K
BBR 10% ~$16K

~$721K / 1415 sharkfund0 assets = ~510 USD -> 14166 NXT
I dont expect to be making many changes to the portfolio for a while and I will announce any such changes. With the above figures anybody should be able to get a pretty good NAV calculation done. I will put some assets for sale and if they sell out, I will make some more available, but maybe with the portfolio composition public info, a reasonably efficient market will form?

I will make available NAV bids for those that need some liquidity if the free market isnt being efficient enough

James

P.S. Yes, sharkfund0 has 120,000 BTCD and is most likely one of the largest BTCD hodlers. It is like an open ended mutual fund and I think it is the NXT asset with the largest trading volume and a pretty widely held asset.

No XNF?

why on earth would I have XNF? fractional reserve with precious metals that might or might not be there? I didnt understand it when they launched it on ripple, I still dont understand it

Anyway, I wanted sharkfund0 to benefit as directly from Teleport's world domination, so of course lots of BTCD, InstantDEX and NXTprivacy, but also coinomat is going to do a lot of processing. XCP I couldnt figure out how to get it from the burn address to an exchange without doing their horrible all day install and I didnt have time to fiddle with that. BBR is best cryptonote at bargain 10:1 ratio against XMR, so it is nice thing to have. And JLH just to have a broadspectrum holding to smooth things out.

I think overall the mix is pretty good and should provide a reasonably balanced price action. It is up 40% since late May when I first issued it, but of course no promises of such crazy good gains moving forward. It is a quite big fund with ~1500 assets, so over 20 million NXT worth. It can be purchased in .0001 amounts so even 1.4 NXT can get some sharkfund0

James

P.S. nobody is surprised I have so much BTCD? Cost me 100+ BTC, actually closer to 200 BTC so this is a significant investment of my capital and not to mention my time. You can say I am FULLY motivated to make BTCD have as much value as possible. I wonder how many other coin devs have put so much into their coin? I was willing to put so much in because I trust the dev to deliver the tech he is talking about Smiley

Good point on XNF. I can't find any audits or anything.

Is there a NXT asset for BTCD so I can purchase some on the AE? I can't seem to find one. Shark fund is quite a bit above my current NXT balance level to even get a handful of shares.

As soon as I get Teleport into testing I will get mgwBTCD live on NXT AE
legendary
Activity: 3556
Merit: 1126
August 10, 2014, 07:19:32 PM
by the way http://btcd.xpool.ca/   doesn't work for many hours.
Also a bit worried about this. It seems shares are still being submitted as normal. Safe to assume payouts will continue as normal?
We will soon start our official pool, should be in less than 24 hours, we are curentlly testing, if you like to join just PM me or join me on skype, my id is theXpooky
So does this mean the the work that has been put in over the past could of days has been for nothing? Or can we still assume to be paid?
if you mean for the xpool.ca that pool was not owned by bitcoindark but i assume you will get paid, also account that xpool pays for weekend shifts in monday.

Just an update about btcd.xpool.ca , the issue is only on the front end. A few corrupt historical stats are causing the issue. Mining and current round is unaffected. I've been away at a cottage since last week but am home now and will finish and pay out all shares, and reset stats.

The front end should be avail a bit later.

Cheers!

The front end is back up. Stats have been reset, I had to end the weekend shift early and has now been paid. Here are the details which I'll re-import all the previous shifts after tomorrows shift has finished.

I would do it now, but I want the system to regenerate the shift tables so it's created properly, then I can simply add the old data back in.

Scrypt = 98.13671367 BTCD
SHA256 = 89.13513034 BTCD
X11 = 14.00782201
hero member
Activity: 786
Merit: 1000
August 10, 2014, 07:02:06 PM
I figured that.

BTW, nice weekend to be in the Muskokas Smiley

Was on P.E.I Smiley

been there. gotta luv it too. Any cottage in the too hot "great white north" is nice in this heat. Tongue
legendary
Activity: 3556
Merit: 1126
August 10, 2014, 06:51:48 PM
I figured that.

BTW, nice weekend to be in the Muskokas Smiley

Was on P.E.I Smiley
legendary
Activity: 1148
Merit: 1018
It's about time -- All merrit accepted !!!
August 10, 2014, 06:49:42 PM
when the last wave is dumped would someone please post the all clear signal or something ??
legendary
Activity: 1736
Merit: 1001
August 10, 2014, 06:47:09 PM
I have made some market rate exchanges to make sharkfund0 (asset 3006420581923704757) a one stop purchase that will benefit from Teleport

The following numbers are not 100%, I am rounding, but they are pretty close. I wont bother with <10 BTC holdings, such as FIM, NAS, NTX, etc.

sharkfund0 major holdings:

BTCD 10% ~$240K
NXT 0.4% ~$150K
InstantDEX 10% ~$100K
NXTprivacy 20% ~$70K
JLH 10% ~$70K
coinomat(1) 20% ~$50K
XCP 0.5% ~$25K
BBR 10% ~$16K

~$721K / 1415 sharkfund0 assets = ~510 USD -> 14166 NXT
I dont expect to be making many changes to the portfolio for a while and I will announce any such changes. With the above figures anybody should be able to get a pretty good NAV calculation done. I will put some assets for sale and if they sell out, I will make some more available, but maybe with the portfolio composition public info, a reasonably efficient market will form?

I will make available NAV bids for those that need some liquidity if the free market isnt being efficient enough

James

P.S. Yes, sharkfund0 has 120,000 BTCD and is most likely one of the largest BTCD hodlers. It is like an open ended mutual fund and I think it is the NXT asset with the largest trading volume and a pretty widely held asset.

No XNF?

why on earth would I have XNF? fractional reserve with precious metals that might or might not be there? I didnt understand it when they launched it on ripple, I still dont understand it

Anyway, I wanted sharkfund0 to benefit as directly from Teleport's world domination, so of course lots of BTCD, InstantDEX and NXTprivacy, but also coinomat is going to do a lot of processing. XCP I couldnt figure out how to get it from the burn address to an exchange without doing their horrible all day install and I didnt have time to fiddle with that. BBR is best cryptonote at bargain 10:1 ratio against XMR, so it is nice thing to have. And JLH just to have a broadspectrum holding to smooth things out.

I think overall the mix is pretty good and should provide a reasonably balanced price action. It is up 40% since late May when I first issued it, but of course no promises of such crazy good gains moving forward. It is a quite big fund with ~1500 assets, so over 20 million NXT worth. It can be purchased in .0001 amounts so even 1.4 NXT can get some sharkfund0

James

P.S. nobody is surprised I have so much BTCD? Cost me 100+ BTC, actually closer to 200 BTC so this is a significant investment of my capital and not to mention my time. You can say I am FULLY motivated to make BTCD have as much value as possible. I wonder how many other coin devs have put so much into their coin? I was willing to put so much in because I trust the dev to deliver the tech he is talking about Smiley

Good point on XNF. I can't find any audits or anything.

Is there a NXT asset for BTCD so I can purchase some on the AE? I can't seem to find one. Shark fund is quite a bit above my current NXT balance level to even get a handful of shares.
legendary
Activity: 1176
Merit: 1134
August 10, 2014, 06:38:33 PM
I have made some market rate exchanges to make sharkfund0 (asset 3006420581923704757) a one stop purchase that will benefit from Teleport

The following numbers are not 100%, I am rounding, but they are pretty close. I wont bother with <10 BTC holdings, such as FIM, NAS, NTX, etc.

sharkfund0 major holdings:

BTCD 10% ~$240K
NXT 0.4% ~$150K
InstantDEX 10% ~$100K
NXTprivacy 20% ~$70K
JLH 10% ~$70K
coinomat(1) 20% ~$50K
XCP 0.5% ~$25K
BBR 10% ~$16K

~$721K / 1415 sharkfund0 assets = ~510 USD -> 14166 NXT
I dont expect to be making many changes to the portfolio for a while and I will announce any such changes. With the above figures anybody should be able to get a pretty good NAV calculation done. I will put some assets for sale and if they sell out, I will make some more available, but maybe with the portfolio composition public info, a reasonably efficient market will form?

I will make available NAV bids for those that need some liquidity if the free market isnt being efficient enough

James

P.S. Yes, sharkfund0 has 120,000 BTCD and is most likely one of the largest BTCD hodlers. It is like an open ended mutual fund and I think it is the NXT asset with the largest trading volume and a pretty widely held asset.

No XNF?

why on earth would I have XNF? fractional reserve with precious metals that might or might not be there? I didnt understand it when they launched it on ripple, I still dont understand it

Anyway, I wanted sharkfund0 to benefit as directly from Teleport's world domination, so of course lots of BTCD, InstantDEX and NXTprivacy, but also coinomat is going to do a lot of processing. XCP I couldnt figure out how to get it from the burn address to an exchange without doing their horrible all day install and I didnt have time to fiddle with that. BBR is best cryptonote at bargain 10:1 ratio against XMR, so it is nice thing to have. And JLH just to have a broadspectrum holding to smooth things out.

I think overall the mix is pretty good and should provide a reasonably balanced price action. It is up 40% since late May when I first issued it, but of course no promises of such crazy good gains moving forward. It is a quite big fund with ~1500 assets, so over 20 million NXT worth. It can be purchased in .0001 amounts so even 1.4 NXT can get some sharkfund0

James

P.S. nobody is surprised I have so much BTCD? Cost me 100+ BTC, actually closer to 200 BTC so this is a significant investment of my capital and not to mention my time. You can say I am FULLY motivated to make BTCD have as much value as possible. I wonder how many other coin devs have put so much into their coin? I was willing to put so much in because I trust the dev to deliver the tech he is talking about Smiley
hero member
Activity: 786
Merit: 1000
August 10, 2014, 06:34:25 PM
I figured that.

BTW, nice weekend to be in the Muskokas Smiley
legendary
Activity: 3556
Merit: 1126
August 10, 2014, 06:14:38 PM
by the way http://btcd.xpool.ca/   doesn't work for many hours.
Also a bit worried about this. It seems shares are still being submitted as normal. Safe to assume payouts will continue as normal?
We will soon start our official pool, should be in less than 24 hours, we are curentlly testing, if you like to join just PM me or join me on skype, my id is theXpooky
So does this mean the the work that has been put in over the past could of days has been for nothing? Or can we still assume to be paid?
if you mean for the xpool.ca that pool was not owned by bitcoindark but i assume you will get paid, also account that xpool pays for weekend shifts in monday.

Just an update about btcd.xpool.ca , the issue is only on the front end. A few corrupt historical stats are causing the issue. Mining and current round is unaffected. I've been away at a cottage since last week but am home now and will finish and pay out all shares, and reset stats.

The front end should be avail a bit later.

Cheers!
legendary
Activity: 1736
Merit: 1001
August 10, 2014, 06:09:29 PM
I have made some market rate exchanges to make sharkfund0 (asset 3006420581923704757) a one stop purchase that will benefit from Teleport

The following numbers are not 100%, I am rounding, but they are pretty close. I wont bother with <10 BTC holdings, such as FIM, NAS, NTX, etc.

sharkfund0 major holdings:

BTCD 10% ~$240K
NXT 0.4% ~$150K
InstantDEX 10% ~$100K
NXTprivacy 20% ~$70K
JLH 10% ~$70K
coinomat(1) 20% ~$50K
XCP 0.5% ~$25K
BBR 10% ~$16K

~$721K / 1415 sharkfund0 assets = ~510 USD -> 14166 NXT
I dont expect to be making many changes to the portfolio for a while and I will announce any such changes. With the above figures anybody should be able to get a pretty good NAV calculation done. I will put some assets for sale and if they sell out, I will make some more available, but maybe with the portfolio composition public info, a reasonably efficient market will form?

I will make available NAV bids for those that need some liquidity if the free market isnt being efficient enough

James

P.S. Yes, sharkfund0 has 120,000 BTCD and is most likely one of the largest BTCD hodlers. It is like an open ended mutual fund and I think it is the NXT asset with the largest trading volume and a pretty widely held asset.

No XNF?
full member
Activity: 168
Merit: 100
August 10, 2014, 05:59:55 PM
by the way http://btcd.xpool.ca/   doesn't work for many hours.
Also a bit worried about this. It seems shares are still being submitted as normal. Safe to assume payouts will continue as normal?
We will soon start our official pool, should be in less than 24 hours, we are curentlly testing, if you like to join just PM me or join me on skype, my id is theXpooky
So does this mean the the work that has been put in over the past could of days has been for nothing? Or can we still assume to be paid?
if you mean for the xpool.ca that pool was not owned by bitcoindark but i assume you will get paid, also account that xpool pays for weekend shifts in monday.
newbie
Activity: 59
Merit: 0
August 10, 2014, 05:55:15 PM
by the way http://btcd.xpool.ca/   doesn't work for many hours.
Also a bit worried about this. It seems shares are still being submitted as normal. Safe to assume payouts will continue as normal?
We will soon start our official pool, should be in less than 24 hours, we are curentlly testing, if you like to join just PM me or join me on skype, my id is theXpooky
So does this mean the the work that has been put in over the past could of days has been for nothing? Or can we still assume to be paid?
hero member
Activity: 490
Merit: 500
0_0
August 10, 2014, 05:34:00 PM
by the way http://btcd.xpool.ca/   doesn't work for many hours.
Also a bit worried about this. It seems shares are still being submitted as normal. Safe to assume payouts will continue as normal?
I have not received yesterday's payout both on scrypt and sha256
I think they pay for the weekend shift on monday

oh thanks. I Didn't know about that.
full member
Activity: 168
Merit: 100
August 10, 2014, 05:31:33 PM
by the way http://btcd.xpool.ca/   doesn't work for many hours.
Also a bit worried about this. It seems shares are still being submitted as normal. Safe to assume payouts will continue as normal?
I have not received yesterday's payout both on scrypt and sha256
I think they pay for the weekend shift on monday
hero member
Activity: 490
Merit: 500
0_0
August 10, 2014, 05:25:56 PM
by the way http://btcd.xpool.ca/   doesn't work for many hours.
Also a bit worried about this. It seems shares are still being submitted as normal. Safe to assume payouts will continue as normal?
I have not received yesterday's payout both on scrypt and sha256
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