I sold my position to move on to other ventures. It sounded like teleport was a week away back in September and I said to my self I'll wait till the end of the year and the price has done nothing but drop, and my wallet doesn't work so I was keeping my coins on an exchange, not good. I bought in at .0006 and sold at .0045 so I still made a nice little profit although not as much as I could have made had I sold at the top. I may be kicking myself if it goes up, but I figure there is always another good investment around the corner. If it drops lower I will buy back a few, if not, no worries.
I hear you, I have been keeping my coins so far only because of the endless promises. Since the beginning of the BTCD, most of the planned features has been transferred to the Supernet. For me (and probably some others) there just simply isn't anything left in this coin, than those promises James made back many moths ago.
Maybe the dividents will change the course, but we'll see..
I'll still sit on my coins that I bought at 25-50k, but I can't blame for other to abandon the ship.
[SuperNET [BTCD]]
My attempt at graphics. To say the planned features are transferred to SuperNET, is not quite right. BTCD is inside the SuperNET, think of it as the engine that most people wont see as they are seeing the entire thing.
Now if SuperNET was a car with a BTCD engine inside, how well will the engines sell if the car is selling a lot?
With 1 BTCD engine in each SuperNET, what is good for SuperNET is good for BTCD.
Now "there just simply isn't anything left in this coin, than those promises James made back many moths ago" is the key statement. If you dont trust me to deliver on my promises for BTCD, then yes, you should sell. If all BTCD has is the promises I have made, the question is how much is my word worth?
The iceberg analogy is pretty good too. The scope has increased and this has caused delays, but we are down to debugging the system.
https://github.com/jl777/btcd/tree/master/libjl777 has over 40,000 lines of code I personally wrote this year. I have made almost 3,000 commits to the repos and you can see my progress in realtime. I do apologize for not having the time to be cheerleader in this thread, but I am pretty active in slack.
So do not think that SuperNET takes anything away from BTCD, it makes it 10x bigger market and without real world usage what value is all this tech? I did say it will take more time and if you are wanting to make some fast money, there are many places that promise magical gains immediately. I cannot promise that, but I do promise I will deliver the tech that I promised for BTCD. In fact, its role is even bigger with the latest plans. It will be the reference currency for InstantDEX and this will necessarily mean a lot more liquidity as all the transactions would go through BTCD. There will also need to be some minimum amount of BTCD people need to properly operate the Teleport and other features.
The realtime BTCD MGW is in beta test and I am currently working on debugging InstantDEX connection with MGW, along with the Teleport engine.
Now the value for a crypto is usually purely speculative value. With BTCD it also gets a dividend stream and SuperNET revshare and is reference currency for InstantDEX and gets Teleport fees. I wish I could go faster, but this is quite difficult code and that is why the line count is so low. ~150 lines per day of code is slow by my standards, but soon I will be done with the difficult coding and be able to get back to the normal production levels of ~300 lines per day. Industry standards for production code is ~10 lines per day, you can verify this if you dont believe me.
Anyway for people sitting on losses, all this is just talk, talk, talk. So I will get back to coding.
James
