Post
Topic
Board Announcements (Altcoins)
Re: [ANN] BitcoinDark (BTCD)--Sha-256/PoW-PoS hybrid/Bounty Opportunities
by
frohlocke
on 12/09/2014, 23:06:37 UTC
Hi BTCD community,

I've said this before and will say it again. I am very intrigued by this coin and the projects it has going on. I do have a serious question though, and if someone can give me an answer, I would greatly appreciate it.

I read elsewhere that this coin has a 1.5% premine that is for development purposes.  Is that true? If so, then why do the devs need to raise more money for development, as seen on the OP?  This is somewhat puzzling to me and I wanted to know if there was a good explanation for it.  Thanks in advance.
the premine total was around 20,000 BTCD and it has already been spent. I think it brought in a whopping 3 BTC at the time as during the PoW phase, the price of BTCD was very low

Also, I joined the coin about a week after launch and it is my fault for needing dev budget as I am making many new work for GUI guys and I dont do GUI

James
+++1
Absolutely right, We must to help for completion of projects. Smiley
Holders of BTCD should be pay the amount of its share.
And don't forget you will also get NXTprivacy asset for donating
there is some confusion. I am matching other people's donations with NXTprivacy asset. so this is not like purchasing NXTprivacy for the donation. It is a pure donation, just that it gets "doubled" with NXTprivacy assets

Now, one problem is that NXTprivacy is ~14 NXT and BTCD seems to have become some sort of rocketship so soon I wont be able to match. with current around 1000 BTCD raised, that is 14000 NXTprivacy assets to match. I cannot go above 25000 total NXTprivacy. At this rate, without any new donations, this limit will be gone quite soon...

I want to be clear that I have never received any BTCD for my codings. I am first self-made NXT millionaire (not from IPO or buy low, sell high) as I created asset values of over 100 million NXT. I sold majority to investors (they are quite happy too), but I did keep enough, so money is not something that I worry about anymore.

I am doing this not for money and I have asked that the small amount of BTCD that I was offered way back in the beginning when I first joined to be given to BTCDdev. I want him to have as much BTCD as possible!

So, please donate some small portion, doesnt matter how small so we can pay for GUI devs, website devs, etc. and hopefully use to get more help to make BTCD even better. I am only one guy and only so much I can do

Thanks!

James

ok sorry missed that one understood donations are doubled.