It's easy to do, and you start seeing tons more NOBL coming into your wallets if you do it.
(First you need to create addresses to send to - it's real easy, "Receive coins" > "New address", but I'll do a real time HowTo tomorrow morning on that.)
[..]
Please do such a HowTo using noblecoin's wallet and I will put it on our wiki. I had it up the next day - updated the original post.
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HR, Awesome buddy! You are a beast and thanks for the transparency. This is exactly what we need to do from an outbound level.
YC
Yeah, thanks for saying so. I think it certainly serves as another grain of sand at least! I might have some more extra time this week, and I'd like to add another 1,000 to the list (the "mining" is getting progressively more difficult ) if I can. Then I'll probably buy something as mentioned before. All opinions and information regarding good DBs for sale are welcomed! BTW, if you, or anyone else, would like to send that e-mail to someone you know, feel free to do so. You can copy and paste the html (it's very basic), or you can even send me a PM with your e-mail and I'll get you a copy you can comfortably forward. TIA
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1st round of e-mailing 20/07/2015 - 21/07/2015 1,083 e-mails sent Automatic Replies: ~8.5% (mostly away from desk) REMOVE: 2 Failed Delivery / Undeliverable: ~8.3% After DB clean-up, this leaves me with just under 1,000 mostly high quality, middle management level, contact addresses (managers, office directors, account executives, etc.), which are sent in related group/department/division batches in open address format (not blind copies) so that recipients can see that their colleagues also received the same e-mail, hopefully leading to conversation about the subject (even if they are on opposite sides of the world and it is only an e-mail conversation). The target sector is exclusively financial related - banks, insurers, property managers, etc. Total time spent: 10 hours I’m looking at purchasing something already compiled, but the big risk there is the quality of the database provided. US Finance Companies https://www.emaildatapro.com/targeted-email-lists/2015-fresh-updated-usa-finance-companies-116-569-email-database.htmlPerhaps the UK and Netherlands might be a better value for roughly the same money. http://companydatabases.net/webshop/ Have you seen this from blockchain.info ? https://blockchain.info/nodes-globe It looks like there is serious interest in the UK and the Netherlands . . . rivaling both coasts of the U.S.
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Looking really good. You guys keep this up and I won't have any other choice but to recommend you.
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Awesome video DigiReport!Looking forward to seeing them on a regular basis as you have planned. And the DigiKnow series too! Great stuff. As for the reward reduction and 144 years . . . sounds like a long time . . . so long that it gives me the impression deep down that DigiByte is going to be here forever! And from that subliminal standpoint, I'm all for it! (Anything that reinforces the idea that DigiByte is here to stay has to be a good idea.) If it helps deal with selling pressure by the short term profit oriented miners, even better. Now, you know me, and that I can't post without a suggestion or two: Go to minute 5:11 of the DigiReport: DigiByte Core Team Projects. - Can we get that somewhere on the DigiByte.co home page with hot links?
- Permanent and prominent links for the DigiReports and DigiKnows on the home page as well?
Again, great job Jared. You're the man!
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BlackRock Vanguard Group State Street Global Advisors Fidelity Investments J.P. Morgan Asset Mgmt. BNY Mellon Capital Group PIMCO Deutsche Asset & Wealth Goldman Sachs Group Northern Trust Asset Mgmt. TIAA-CREF Prudential Financial Wellington Mgmt. NISA Investment Legg Mason Goldman Sachs Group Manulife Asset Mgmt. Geode Capital Mgmt. Principal Global Investors Legal & General Investment
Interesting how many of these "big guns" don't like making e-mail addresses available. Lot's of physical addresses and telephone numbers, but, as for easy to use e-mail, some are quite aloof. On the other hand, others are much more information and communications technology friendly. :-) Pisst. Don't tell anyone that I'm spending weekend free time mining high level corporate e-mail addresses. I spent a few hours "mining" yesterday and today, and I've got some 250 or so (only scratching the surface), high quality, executive level, corporate contacts - many interestingly enough from Europe - to use for a test run on Monday.
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Add: When looking at the top 50 in the rich list https://chainz.cryptoid.info/nobl/#!rich , it looks like just under half are minting on a regular basis, and really wasting their coin age in the process since those are 7 million NOBL transaction sizes and up (the largest is minting a 143.5 million transaction size and is probably missing out on 90% of what could be minted if that were broken up into at least 70 smaller transactions). I must admit that I made a mistake with this. I didn't realize that the Top 50 were not address specific, and that they include all the addresses in the associated wallet. I was also forgetting about the ability to split transactions within the same address, and the fact that the previous version of the wallet does that automatically. (The exaggerated example given is nonetheless illustrative in any event, even if it is not confirmed in practice - large NOBL holders in general do seem to be minting in a rational manner . . . even if perhaps some transaction sizes are extremely small, which works counter at the other end of the spectrum, and might warrant merging transactions . . .) I'm thinking that study of the blockchain itself might be more efficient than individual testing . . . . . . but I'm going to keep up a test diary for the time being anyway.
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Add: When looking at the top 50 in the rich list https://chainz.cryptoid.info/nobl/#!rich , it looks like just under half are minting on a regular basis, and really wasting their coin age in the process since those are 7 million NOBL transaction sizes and up (the largest is minting a 143.5 million transaction size and is probably missing out on 90% of what could be minted if that were broken up into at least 70 smaller transactions). I suspect the biggest single addresses are owned by exchanges. Possibly Cryptsy? Not sure if they want to spend too much time tinkering with all the wallets they have to achieve best minting results. However you are right they lose most of possible rewards. So the incentive is there. PoS II works the way it was designed Note to all people keeping their money at exchanges - it is fine if you are actively trading. However if you are not concerned with short term swings and want to keep your noblecoins long term it is better to setup your personal wallet and split your holdings into several transactions of sizes between 100 000 - 250 000 coins. I am happy exchanges stake coins since this helps securing the network, however it is unlikely they are going to do it in really efficient way. Common good is to achieve highest possible difficulty. And this can be achieved when people spend little bit of resources by staking when their computer is on and little bit of time adjusting their transaction sizes. And if you're getting somewhere close to 8% (with optimized minting), that's another 800,000 NOBL a year for every 10 million you have, just for leaving your wallet open! (But only if that 10 million is broken into smaller amounts! That 10 million as one chunk might actually only get you 400,000 or even less! That's losing 50% or more. And imagine if that "chunk" is 20 or 30 million or more and you're only making 200,000 NOBL a year! That's when the complaints will start streaming in, and also when we start posting links to the original posts on the subject . . . that having been said, it might not be a bad idea to put together a definitive doc on this as soon as we can.)
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My advice would be; don't be fooled into giving up your dgb down here because that is what the game is and take advantage of the offloading zombies while you can.
Good advice Jumbley. That's exactly what I am doing. Judging by the fact that no-one seems to be too awfully concerned about the "momentary lull" in DGB momentum, I'm guessing the the majority are doing exactly the same. There's always a silver lining. Or long term opportunity missed. Be careful what you hope for, and don't shoot yourself in the foot with trivial compromises.
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Another interesting stat to take into account.
Real bitcoin Amount vs Real Digibyte Amount in ratio:
Current date: For every 1 bitcoin today there is 318 digibyte. Total Coins: For every 1 bitcoin (21 million) in existence there will be 1000(21 Billion) digibyte.
With time digibytes ratio to amount of bitcoins will increase over 3 fold which could ultimately mean more price pressure to come over the next few years.
Can you please explain, I don't get the relation between the Bitcoin supply and Digi supply... 4,591,800,991 (DGB) / 14,394,225 (btc) = 319 In time there will be more dgb per bitcoin until an exact ratio of 1:1000 is reached after PoW phase is completed for both coins. If 1 Bitcoin relates to DGB as 1 to 318 why isn't the price 1/318th of a Bitcoin? Perception. For some reason, there's a generally held negative perception on the buy side (in the marketplace anyway). It's hard to say exactly why. Most likely it's not any one thing in particular, but the sum of a combination of things, most of which, if not all, are included in the long list of things talked about here in recent times. And, of course, on the sell side, the ASIC zombies that sell automatically at any price without thinking (in combination with those who purchased at highs, can't stomach the pain, and are now selling at huge losses - you know, the P&D phenomenon that DGB supposedly works so hard against). Solutions? There has been at least one suggested possible solution for each perceived problem, at least one, and they're all here in this thread, some having been discussed, others completely ignored, and I'm not going to start repeating them again - that just puts me in a bad mood. . . . maybe once we begin to see some of the smaller, easier to tackle, teeny tiny details being addressed . . . This kind of thing just makes me furious since on the surface it looks like deliberate, quiet period manipulation that inherently, by definition, implies no concern what-so-ever for the shareholders.
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What's the methodology behind 'Estimated Long Term Appreciation Potential'? http://asistec-ti.com/tba/midyear2015methods.htmWith regards to staking, my testing is giving me results that are mirror images of yours, and I'm following your instructions almost to the letter: I group my coins into transactions of around 2,000,000 coins. I use the newest wallet version which does not require regular maintenance: http://noble.ilikebtc.com/NobleCoin-Qt-v.2.0.2.zipI try to stake on regular basis - at least every two or three days for several hours when staking (since I'm using multiple wallets, in practice I average at least one open all the time). Thank you. My current view is that splitting bigger transactions like 2 000 000 into many smaller ones around 100 000 - 250 000 coins each should increase competition between staking wallets and difficulty, which is bit low right now, will go up. Please consider splitting your transactions into smaller chunks when you have some free time on your hands. This is not urgent and does not have to be done in one go but every small bit helps I find this topic of research interesting and will share more information when there is more data. Will give it a whirl. Add: When looking at the top 50 in the rich list https://chainz.cryptoid.info/nobl/#!rich , it looks like just under half are minting on a regular basis, and really wasting their coin age in the process since those are 7 million NOBL transaction sizes and up (the largest is minting a 143.5 million transaction size and is probably missing out on 90% of what could be minted if that were broken up into at least 70 smaller transactions). Those addresses are minting in extremely unfavorable terms and are getting horrible interest because their sizes are too big. All together, they add up to around 575 million NOBL. If we could get those people to at least break up their transactions into 2 million NOBL in size, that in itself would give us 287 or so new competing transactions, and increase holders' returns substantially at the same time. It's easy to do, and you start seeing tons more NOBL coming into your wallets if you do it. (First you need to create addresses to send to - it's real easy, "Receive coins" > "New address", but I'll do a real time HowTo tomorrow morning on that. EDIT: THAT'S DONE NOW: How Can I Create New Addresses in the Same Wallet?) http://asistec-ti.com/phpbb/viewtopic.php?f=10&t=134http://asistec-ti.com/phpbb/viewtopic.php?f=10&t=135http://asistec-ti.com/phpbb/viewtopic.php?f=10&t=137If you don't see any of that, you need to enable coin control: http://asistec-ti.com/phpbb/viewtopic.php?f=10&t=133
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Noblecoin is gonna increase by 1500000x, rly? That's a theoretical ratio to BTC. I guess it comes down to what we think BTC might be worth someday, and then the same with NOBL (and VTC, etc. etc.) as it relates in practice. http://asistec-ti.com/tba/pricecalcs2015.htm
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What's the methodology behind 'Estimated Long Term Appreciation Potential'? http://asistec-ti.com/tba/midyear2015methods.htmWith regards to staking, my testing is giving me results that are mirror images of yours, and I'm following your instructions almost to the letter: I group my coins into transactions of around 2,000,000 coins. I use the newest wallet version which does not require regular maintenance: http://noble.ilikebtc.com/NobleCoin-Qt-v.2.0.2.zipI try to stake on regular basis - at least every two or three days for several hours when staking (since I'm using multiple wallets, in practice I average at least one open all the time).
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delete wrong place - bad post, and no pretty chick handy to fill in
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Hi HR, What do you mean with the 50.000 to 1 longterm appreciation potential? I don't understand what that means http://asistec-ti.com/tba/pricecalcs2015.htmhttps://bitcointalk.org/index.php?topic=408268.msg11896304#msg11896304And thanks guys for the ASIC info. Looks like about a 1 year ROI if you're mining DGB. Yeah, it looks like the ASIC's are actuallly operating at a profit. My "ASIC math" was bad - it had been a while since I had looked at this closely - and WhatToMine's numbers look good to me. In any event, the phenomenon is still very clear: when DGB was trading at 50 SAT it was at the top of the profitability list for ASIC's. Now it's been knocked down to a more average coin price, for ASIC's. Eliminate the ASIC's and breakeven on the other algos looks to be something somewhere around 100 SAT. The default settings for GPU's on WhatToMine do not exactly correspond with my experience - for example my same machine hashrate equivalents for Groestl - Skein - Qubit are 10 MH/s - 30 MH/s - 1.15 MH/s respectively. My numbers could be out of date if a new or more efficient miner has been developed without my having heard about it (which is very possible since this really only gets my hobby time).
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Question: if I were to buy a scrypt or sha ASIC miner NEW, not used, what would you recommend?
Only buy miner for purpose of securing DGB network because buying coins for same price on market will get many more coins for you unless you have free electricity. But what hardware would you recommend? What's available on the market right now? That's new and ships immediately?
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