Topic: BTCD is no more - page 41. (Read 1328503 times)

Komodo IS Bitcoindark, rebranded and with improved tech. My understanding is that all Iguana/Supernet features based on Btcd 1.0 will be instead based on or gradually replaced by Komodo. No further work on old Btcd will be done, development moves to Komodo.

Of course there could a community of people the keeps alive the old Btcd chain and find new developers but I'm not interested.

We should fork BTCD to BitcoinDark Classic.  Then we get to invest our Bitcoindark in Komodo and keep our BitcoinDark Classic too

So far from reading this thread. what I am getting at is BTCD will be co-exist independently with KMD. The question is BTCD still entitled for profit sharing with all the existed and future projects? James or Dev please explain.

guys I have a question. Is it optional to swap BTCD to KMD?
If we don't swap and stay with BTCD will there be any progress to BTCD? What will happen?
Please explain.

Thanks

It's nice and fair option if people want to take that offer. Second I hope you are right and make your million dollar from this project. Post again here. I am a long time holder as well. I will see how this goes in the next couple weeks sell or swap.

I never heard it. Since I first invested in SN I never read James promising anything but only that it was a long term project. And it was already well advanced one year ago before the troubles with Nxt happened and a lot of stuff had to be reworked from scratch. Personally I was imagining Iguana release in spring 2017, so I was surprised that we're already so close to it.

I can't see any delay in the expected release, except the 10 weeks lock of potential Btcd gains. I waited over 2 years and I can as well await another 10 weeks for a better product. And I think the dilution of my holdings is a good bargain because all the upsides more than compensate for it.



PS: If people want to sell Btcd I offer to buy all their inventory @0.004 each. No need to dump on exchanges at a loss. You just need to be patient another month because I must first finalize the selling of an apartment and then we can make the deal

I don't want to be a party popper but we all heard that 2 years ago.

And it was said we get a revolution in 201516 or was it 17?

Btw. I will swap for komodo for obvious reasons.

Hi PondSea

I think most new releases dip in price because greedy people over invest, and when the rent falls due they just have to get some cash. There will always be cashed up investors sitting & waiting for the weak hands to expose themselves. Didn't someone once say "greed is good"

Cheers Jon 

Hi Jon,

I probably wont count on this one going under ICO. The only reason why it may is BTCD holders that swapped but wants to get out ASAP and sell for under ICO but above their break even.

Even still they would make more by selling before end of ICO rather than doing this.

Assuming Komodo holds it's price after launch......if it's like other ICO's it will go below release price ....that's why all ICO's have an early bird special.

Cheers Jon 

whoops, good call.  I edited original post to fix numbers.  It appears people are paying a decent liquidity fee by selling on poloniex

If you sell at 0.0036, then you are selling for 15% lower than what you would get if you held your btcd until after Nov. 20, when it can be swapped for komodo

It's a good arbitrage opportunity.  Load up the BTCD buy side with 100 BTC, for example, and you could turn it into 115 BTC worth of komodo at these rates

That is my thinking as well

I've been thinking long and hard about dpos and I've got to say, I'm am seriously beginning to think of this this as the second coming of crypto and a completely new direction of taking Bitcoin forward. Think about it, for only a couple dollars a day, komodo will be able to to communicate with the Bitcoin network, requesting that it makes transactions, transaction that the komodo network must understand and react to as part of it's consensus rules. In the future, Komodo interacting with Bitcoin using many of it's stack based transactions types, (nlocktime, multisig, checklocktimeverify & many others will soon exist) in coordination with many of it's own transaction types with allow for a sort of "turing complete" language that will be spoken between chains..... many different chains. This will be made possible by iguana.

Iguana makes the bitcoin chain such a lightweight piece of art and therefore allowing other coins to "plug in" bitcoin and use it as a sort of tiny microchip that they will plug into their wallets, we are able to create chains that would otherwise be impossible to do directly on the btc chain while relying on bitcoins security model to provide an unmodifiable history of what has happened. A sort of "decentralized exchange" IS possible and it will allow such chains to easily purchase bitcoin on behalf of it's users and pay for it's own transactions on the bitcoin blockchain.  Awesomely enough, this whole idea actually solves one of bitcoin biggest questions... What will happen when the block rewards subsidy ends?

Just think of a world where all these chains have spawned off and are using bitcoin's proof of work to secure it's chain. All of these chains will actually be paying fees to bitcoins miners. That would help to provide the incentive that LOTS of transactions will be happening on bitcoins network, because bitcoins network would be charging a small fee to all of it's child chains. By 2140 that should be quite a large sum of money that is going towards supporting the miners. By then, this will likely not be the only thing supporting the miners, this will just be the first idea of many.

It's become exceptionally clear to me that jl777 is building a serious advancements into not only his own coin and supernet, but most importantly bitcoin itself. It's becoming more and more obvious to me that this is the clear path forward for all of crypto, and that it is the only project that is truly understanding and appreciating that bitcoin is not here to to be defeated but it is here to stay and it will be the entire industries light forward for many years to come. By working with it, we will make the entire cryptosphere bigger and more united then ever before, giving it the power to move where we all know it can go! Thanks jl and everyone involved for doing this. It is a huge step forward and if we are all successful in making this happen, the entire crypto landscape is going to change for the better and we will go down in history:)

Mainly because a lot of pissed off people at James. I'm a buyer so it depends on what you believe.

Looks like your numbers are off somehow.

This is what i get.

Average price in Aug = 0.00354716 = 0.00532074 btc/btcd with 1.5x multiplier.


Oct. 15 -           25% bonus  = 0.00425 BTC/BTCD
Oct. 16-22 -      20% bonus  = 0.00443 BTC/BTCD
Oct. 23-29 -      15% bonus  = 0.00462 BTC/BTCD
Oct. 30-Nov 5 - 10% bonus = 0.00483 BTC/BTCD
Nov 6-12 -         5% bonus   = 0.00506 BTC/BTCD
Nov 13-20 -       0% bonus   = 0.00532 BTC/BTCD

I think they said on the last day of the ICO.
Nice table BTW. We all need to save it someplace for the future references.

If you factor in the BTC bonuses for komodo ico, then it makes sense for BTCD price to follow this pattern:

Oct. 15 -           25% bonus  = 0.004257 BTC/BTCD
Oct. 16-22 -      20% bonus  = 0.004434 BTC/BTCD
Oct. 23-29 -      15% bonus  = 0.004627 BTC/BTCD
Oct. 30-Nov 5 - 10% bonus = 0.004837 BTC/BTCD
Nov 6-12 -         5% bonus   = 0.005067 BTC/BTCD
Nov 13-20 -       0% bonus   = 0.005321 BTC/BTCD


Price could be pushed higher on the date when BTCD snapshot will be taken to decide ownership of revshare assets.  I don't know if snapshot date(s) has been announced yet.

If you see BTCD price going below these numbers at some point, the reason for difference is BTCD holders who want to sell for BTC are paying a "liquidity fee" to buyers who will arbitrage into the komodo ico

People dumping not wanting to wait for who knows how many months. If you patient enough and have some spare cash, there's a nice APR hidden in here.

ShouldN't the price rise?  

It's 0.0053... (plus assets?) worth, when the swap comes.

Why is price falling?

There is no such thing as "secure" on the exchange. Get them out.

Where is Azeh BTW? I understand there is not much choice about the transfer, but short statement would be highly appreciated.