The majority of the team behind the development of BitcoinDark is unknown and follows the philosophy of crypto currencies, which attach great importance to “crypto”. One developer is known under the pseudonym Jl777, he also likes to sign his posts with “James”. He is an anonymous software developer who had already made a name for himself in the cryptoscene in the past. Previously, Jl777 worked on the Nxt Multigateway, a crypto exchange, and the Nxt Asset Exchange. The BitcoinDark fork was conducted in July 2014, making the crypto currency one of the oldest coins.
Advantages and disadvantages
BTCD, the abbreviation of BitcoinDark, offers a real benefit for real life. The big banks would certainly be reluctant to see it if they lost their quasi monopoly. But the blockchain is built in such a way that it cannot be abolished by any central authority. Managing the finances yourself is a concern that is very popular in the crypto scene.
What is striking about BitcoinDark is the very long development time. Already in 2014 the coin separated from Bitcoin by means of a hard fork. Bitcoin Dark is nevertheless not as well known as other hard forks, such as Bitcoin Cash or Classic, and is traded comparatively low. In the almost four years of its existence, no significant community has been able to build up to drive the project forward and promote the coin. In addition, Jl777 had problems getting access to funds. Therefore it comes probably to the renaming and to the ICO.
BitcoinDark and Komodo
The days of the BTCD Coin are already numbered. Jl777 tries a new start with the Komodo Coin and its platform. The platform will completely replace BitcoinDark and introduce new technologies. The Komodo platform will be more secure and offer two separate mining methods, Proof-of-Stake and delayed Proof-of-Work. During the ICO for Komodo, existing BitcoinDark coins could be exchanged for the new coin.
BitcoinDark Coin Price Development – Forecast
BitcoinDark Coin Course
Most of the time it was quiet around the BitcoinDark rate. In 2014 the price fluctuated around 1 to 2 €. In 2015 it fell slightly below 1 €, but at times it also managed to surpass it. In the year 2016 it did not look mostly differently, only in the last third of the year the price rose to over 2 to 3 € per coin.
This upward trend continued in 2017, with the crypto currency reaching over €7 by April. In June, the coin reached its highest result for the time being at € 88. The next highlight was September. After a short decline of the price in the summer months, the BitcoinDark price reached up to 120 € here. Thereafter, the rate fell to € 70, by November, when the September values could be reached again.
December 2017 and January 2018 should be the best months for BTCD so far. At the turn of the year, the BitcoinDark exchange rate shot to over €300. In the course of January, the rally lay on the coin and it was only quoted at over 100 €. The crypto currency fell below this value in the following months.
The BitcoinDark forecast: In view of the new Komodo coin and platform, the BitcoinDark crypto currency held up surprisingly in the months leading up to the turn of the year. Or it does not surprise and one wanted to buy only BitcoinDark Coin, in order to exchange it. How the future of the BTCD will be seems rather uncertain. It is unlikely that the project will be continued and not fully integrated into the Komodo platform. Our Bitcoin calculator will always tell you the current exchange rate from Bitcoin to Euro.
The developers recommend to use the BitcoinDark-QT Wallet. This should be easy to install and synchronize with the blockchain.
Where can I buy the BitcoinDark Coin?
If you want to buy the BitcoinDark coin, then the crypto exchanges Poloniex, Cryptopia, Bleutrade, Trade Satoshi and Novaexchange are recommended.
BitcoinDark is a crypto currency with an uncertain future. However, it seems that its advantages and ambitions will merge into a new crypto currency.
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