BTCD could do a lot of damage to crypto as well. This PoS blackcoin clone's market cap passed XMR today
Blatant FUD! BTCD has nothing to do with blackcoin at all. Shame on you aminorex, you should know better. Are you scared?
jl777 mentioned that BTCD was using the blackcoin code base. If that was blatant FUD, then it came from the developer. I haven't compared the code, but see no reason to doubt James.
You know by now what the plan for BTCD is, to call it a clone of blackcoin is FUD.
it remains a clone of blackcoin, for all of that.
plans are subject to very heavy discounting, particularly when their credibility rests on sandy foundations. this should just represent opportunity to the conviction investor. to the pump and dump player, however, it can be quite threatening. isn't it elite to be closer to market than Ethereum?
BTCD pricing is following a pattern typical of end of PoW. the transition to PoS creates a temporary surge in the market clearing price. demand rises while supply falls simultaneously. this has historically been a temporary condition. truly brilliant P&D ops have managed to milk this through several pow/pos cycles. i am looking at you, XC.
when there is more evidence that a valuable service will materialize which is available only through BTCD, i am sure that holders at that time will benefit, to some degree. i find the appeal of that prospect questionable on several points, among which are the dilution prospects of any open source project. the project may be worthy of support, even while the coin is toxic, as an investment.
it is fair to say that my words may cause fear, uncertainty, and doubt in the minds of prospective BTCD investors. FUD may also serve as an acronym for Facts U Dislike. (thank you, Blitz, for that)