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121  Alternate cryptocurrencies / Announcements (Altcoins) / Re: ★★ DigiByte ★★ [DGB] A Professional Cryptocurrency ✈ Android Wallet, CoinedUp ✔ on: February 07, 2014, 05:58:00 AM
Indeed difficulty up by large double digit percentages in last 2 hours.
122  Alternate cryptocurrencies / Announcements (Altcoins) / Re: ★★ DigiByte ★★ [DGB] - A Professional Cryptocurrency ✈ Android Wallet ✔ on: February 06, 2014, 06:38:33 PM
DGB.Get-By.com
Mining DGB since Day One.
  • Oldest DGB Pool still in existence.
  • Well over 100,000 DDoS Zombie IP's banned.
  • All the features you expect.
  • Manual and Automatic Payouts Enabled.
  • Not a single coin lost to a security hole.
  • Customized MPOS and Stratum Security.
  • Recently migrated to new servers
  • Registration is Open!
123  Alternate cryptocurrencies / Announcements (Altcoins) / Re: ★★ DigiByte ★★ [DGB] - A Professional Cryptocurrency ✈ Android Wallet ✔ on: February 06, 2014, 05:40:52 PM
Sorry to flood the thread with yet another pool notice Tongue  Well, at least mine isn't a mile long Grin

We are back up and mining away at dgb.Get-By.com after our recent migration.  All miners are of coarse welcome!
124  Alternate cryptocurrencies / Announcements (Altcoins) / Re: ★★ DigiByte ★★ [DGB] - A Professional Cryptocurrency ✈ Android Wallet ✔ on: February 06, 2014, 06:03:52 AM
Undervalued? How many coins have been mined so far

All of the block explorers have an API that lists total coins thus far.  This is a big distribution coin akin to Doge, however the Devs are definitely "plugged in" so to speak.

I believe it is undervalued at the moment on the exchanges, but then again that likely shows by the fact that I have nearly all of my crypto in DigiBytes right now, lol.
125  Alternate cryptocurrencies / Announcements (Altcoins) / Re: ★★ DigiByte ★★ [DGB] - A Professional Cryptocurrency ✈ Android Wallet ✔ on: February 06, 2014, 05:19:57 AM
A little bird told me that DGB hit some exchange called Coined Up

You rule

Here we go!!!  Let the games begin Cheesy  I am so glad I just bought a crap load.  Cheesy

9 Minutes ago Smiley
126  Alternate cryptocurrencies / Announcements (Altcoins) / Re: ★★ DigiByte ★★ [DGB] - A Professional Cryptocurrency ✈ Android Wallet ✔ on: February 06, 2014, 02:10:35 AM
Good to see this coin starting to get listed on more exchanges Smiley! One of the less hyped coins with a clear vision and a really dedicated Dev, hope it takes off Smiley!

On what exchanges? On 2 exchanges with 2.5 BTC volume? It's so pathetic.

Sammy, Sammy, Sammy...

I have defending you since the beginning... even sent you 1,000 DGB I think because you missed out of some of the giveaways!

The volume has been 10-20 BTC, which considering the number of coins in existence, and the price that the coin is selling at, should suggest to you that there are many people who are holding as opposed to selling.  That is a good thing, not a bad thing Sammy Smiley

That said, the volume isn't high, and understandably worrisome.  But, please have some faith.  As the Dev account suggested, "Rome wasn't built in a day".  If we skyrocketed to the moon today, there would be no value to sustain it and it would crash.  The trick is to build value steadily, and through that build price.  Relax, friend.  Put your DGB somewhere safe, and find something to do with your time -> like promoting DGB for instance! 

Sorry for the Cliché, but:
"If you build it, they will come."

We are building it... be patient, and come back to us as part of the supportive, helpful community Sammy Grin
127  Alternate cryptocurrencies / Announcements (Altcoins) / Re: ★★ DigiByte ★★ [DGB] - A Professional Cryptocurrency ✈ Android Wallet ✔ on: February 05, 2014, 02:16:31 AM
Does anyone know how to make a Digibyte papper wallet ? Need to put some aside for my kids college fund  Cool

We have not set up a guide yet for this but we will, this is a great idea!

Easy peasy.

Guide to Putting Money Aside for your Children's College Fund:

1. Eat Ramen noodles.
2. Have no life.
3. Go no where, ever.
4. Cash in your retirement.
5. Send all of your hard earned money to your ungrateful, spoiled children.
6. Cry.

Oh! You meant a guide to making a paper wallet Tongue

lol, I got nothin'  Grin Grin
128  Alternate cryptocurrencies / Announcements (Altcoins) / Re: ★★ DigiByte ★★ [DGB] - A Professional Cryptocurrency ✈ Android Wallet ✔ on: February 04, 2014, 11:32:51 AM

The number of coins that will ultimately be in circulation at the peak of the DGB life-cycle is a lot of coins: true.  This was not a mistake, but a prudent long-term observation.  There are 6 Billion + human beings in the world. That figures to less than 4 DGB per person in the world, assuming the population doesn't grow -> which is a pipe dream.  That means we are looking at even less than 4 DGB per person.

Many would argue that the world population has no relation to a crypto-currency.  A fair argument; I think they are short-sighted.  If we are talking about tomorrow, or this year, I think it is a very accurate argument.  A true currency, however, doesn't exist today and tomorrow.  It has to function 10, 100, 500 years from now.  

You guys crack me up  Grin

"Many would argue that the world population has no relation to a crypto-currency" < FULL STOP.
Even the dollar amount available in the world has NO relation to the number of people on the planet.

"It has to function 10, 100, 500 years from now."  Roll Eyes
Really? 500 years? There is not one currency in existence that is 500 years old and you imagine that "digibyte", conjured up in a few weeks time (okay, months) will become the world currency? Cheesy

Stop trying to make sense of something that doesn't make sense, please.
DGB was created to make a fast buck. (and yes everyone into crypto's is here to make money, except for the very VERY few).
Funny how you cherry pick two sentences out of a multi-paragraph post, and accidentally ignore the surrounding content.

Of coarse crypto-currency is related to the world population; is not the world population the potential user base of an international currency?  The argument in the surrounding content, which you seemed to have accidentally missed, was that the choice of the size of the money supply(M) was intended to more accurately reflect the amount of coins that might be required to efficiently create a transactional currency.  The judgement that went into choosing the size of the money supply(M) has to consider such things as it is not an elastic currency.  There is no fractional-reserve system in cryto-currencies, nor the issuance or re-purchase of bonds to expand or contract the money supply.  Therefore, the money supply has to be created in such a way as to estimate and relate to the user base.  What else, what other data, would you suggest that decision be based upon?

Once again, concerning the number '500', you have mistakenly latched onto a single number and sentence instead of considering the meaning of the communication.  Was '500' over-reaching?  Sure!  Although, if you consider that the sterling is the predecessor of the British Pound that creates a history of over 1,000 years.  Not taken out of context, this sentence was in relation to the same argument explained above.  If we only consider those currently involved in the crypto-currency community, then measures of time or user base are inconsequential.  You seem to have missed the point, however.  The point being made was that the total number of coins wasn't simply conjured out of thin air.  It is a VERY rough estimate, but a rough estimate that more closely resembles what the potential requirements of an actual mainstream crypto might require.

Will DigiBytes become the world currency?  Probably not.  But for all your griping and nay-saying, I don't see a single suggestion for an alternative crypto that has more merit to be adopted mainstream.  There are coins that fulfill the requirements, but you seem like you are too busy casting negatives to bother mentioning any of them.

When you have something constructive to say, please, by all means, re-join.
129  Alternate cryptocurrencies / Announcements (Altcoins) / Re: ★★ DigiByte ★★ [DGB] - A Professional Cryptocurrency ✈ Android Wallet ✔ on: February 04, 2014, 10:10:40 AM
OMG! I lost 100$ in 3 week on digibyte... Wtf is going on ? 113 sat? ...

Ostryyy, honestly, relax friend.  If you are planning on investing in DigiBytes, delete your exchange bookmarks.  Watching the market is a terrible idea when you investing, and will drive you crazy.  Worse, it will make you make emotional decisions, which almost always lead to less than optimal if not negative results.

Don't invest in something because you think the price will go up.  Invest because you think the value is higher than the current price.  And then relax, and wait for the market to catch up with your valuation Grin
130  Alternate cryptocurrencies / Announcements (Altcoins) / Re: ★★ DigiByte ★★ [DGB] - A Professional Cryptocurrency ✈ Android Wallet ✔ on: February 04, 2014, 07:09:36 AM
dgb.luckyminers.com and dgb.get-by.com on May break and do not run reliably ...

All due respect, dgb.Get-By.com has been under attack every single day without fail since the launch of the coin and still has an over 99.x% uptime.

That said, we are indeed re-writing some database code at the moment due to recent attacks that focused on stacking the database queue.
131  Alternate cryptocurrencies / Announcements (Altcoins) / Re: ★★ DigiByte ★★ [DGB] - A Professional Cryptocurrency ✈ Android Wallet ✔ on: February 04, 2014, 01:37:08 AM
132  Alternate cryptocurrencies / Announcements (Altcoins) / Re: ★★ DigiByte ★★ [DGB] - A Professional Cryptocurrency ✈ Android Wallet ✔ on: February 03, 2014, 11:57:35 PM
Nah! $0.08 it's the must optimistic price we'd ever hit! now that requires an special coin with a special gift... like NMC or NxT and Ethereous (innovative)! my calculations show something very real like $0.0045 when we get more ppl involved and start to use DGB as a currency AKA big exchange! cryptsy/btc-e etc...
when we hit cryptsy you can hold for BTC0.00000600
DigiByte launched 3 weeks ago.  In that time, the Dev team has forged ahead with additional wallet releases and are hard at work doing what they intended to do: develop.  That is "value".  Real value, not speculative value.  That is what you are betting on when you support and take part in the DigiByte community.......
..... TL;DR.

I think everyone should immediately sell all of their DigiBytes.  Every last one.  Wink

The price should be no higher than 0.00000001.  Roll Eyes

And that will be the day that I earn ownership of my first island.   Grin Grin
133  Alternate cryptocurrencies / Announcements (Altcoins) / Re: ★★ DigiByte ★★ [DGB] - A Professional Cryptocurrency ✈ Android Wallet ✔ on: February 03, 2014, 11:45:18 PM
Nah! $0.08 it's the must optimistic price we'd ever hit! now that requires an special coin with a special gift... like NMC or NxT and Ethereous (innovative)! my calculations show something very real like $0.0045 when we get more ppl involved and start to use DGB as a currency AKA big exchange! cryptsy/btc-e etc...

when we hit cryptsy you can hold for BTC0.00000600
DigiByte launched 3 weeks ago.  In that time, the Dev team has forged ahead with additional wallet releases and are hard at work doing what they intended to do: develop.  That is "value".  Real value, not speculative value.  That is what you are betting on when you support and take part in the DigiByte community.

The number of coins that will ultimately be in circulation at the peak of the DGB life-cycle is a lot of coins: true.  This was not a mistake, but a prudent long-term observation.  There are 6 Billion + human beings in the world. That figures to less than 4 DGB per person in the world, assuming the population doesn't grow -> which is a pipe dream.  That means we are looking at even less than 4 DGB per person.

Many would argue that the world population has no relation to a crypto-currency.  A fair argument; I think they are short-sighted.  If we are talking about tomorrow, or this year, I think it is a very accurate argument.  A true currency, however, doesn't exist today and tomorrow.  It has to function 10, 100, 500 years from now.  

If you are worried about the current price of DGB on the exchanges, I understand.  But that means that you are a speculator.  You got into this crypto-currency because you were hoping to buy/mine low and sell high -> and then move on to the next 'fad'.  Frankly, I think DGB is a terrible speculation.  You should go mine and insta-sell some other coin.

The quotes of "value" that are being bandied about are based, in my opinion, on a few mis-judgements of the what value is, and the market in general.  

This coin wasn't created, in my opinion, to be an overnight insta-sell success.  The development team seems to be in this project for the long term.  That means continued support, development, and expansion.  The value that will be found in this coin, the "special gift" that has been mentioned, is this devotion to the continued development of the wallet and coin.  Assuming the Dev team keeps up the good work, and I believe they will based on my interactions with them, is that months and years after all of these fad crypto-currencies have faded into the void of history DigiByte will still be here.  It is this development and support which creates "real" value.  Value that grows steadily over time.  Not "speculative" value, but "investment" value.  For those who don't understand the difference, I would point you towards a classic tome of investment advice, Value Investing by Warren Buffet.  TL;DR: Find an asset that can be purchased for less than it is worth, and buy it.  It would be my argument that nifty experimental ideas do not equal value in crypto-currency.  Instead, it is the community and sustained development of the coin that equals long-term value.  

Crypto-currency seems to be poised for exponential growth in the near future.  It makes little sense to base future predictive values on current prices.  If crypto-currency makes the leap from geeky-endeavor to mainstream transactional currency, which I believe it will, there must be an existing crypto-currency that has the characteristics to make that a reality.  Bitcoin may well become a good 'store of value', which is one of the requirements of a currency.  But it does not meet the requirements, in its present incarnation, to be fungible and meet the other requirements of a transactional currency.  The total money supply, often represented as M, is simply too small, even with 8 decimal places.  The transaction times are too long to facilitate the type of instant transactions fiat users are used to and require.  There are methods around these issues, and they may be developed and financed around, but as it stands this seems to be simply true.

So, what other crypto-currency fills that void?  The growth in the crypto-currency market seems likely to happen regardless.  Where does that growth go?  I don't have a crystal ball, and neither does anyone else.  I think it will go to the coin that meets the needs of business.  It is serious.  It has the fungibility and transaction speed that are necessary to do business.  It is perpetually developed and maintained.  It is easy to understand and adopt.  Personally, I believe DigiByte has a reasonable chance to be able to fulfill those requirements in the near to mid term future.  It is not a meme or joke as doge coin seems to be.  It has enough total money supply to support widespread adoption.  Transaction speed is much faster than some of the other competitors.  The development team seem poised and prepared to continue development into the long-term future.  It is marketable and with the upcoming educational videos and material should be easy to understand and adopt by the general public.  All these things are what real value in this market should be made up of in this market.  

So, if you think the price of 150 satoshi's is higher than the value of this long-term sustained development and community: sell your DigiBytes.  If, however, you believe that not to be the case -> Welcome to the DigiByte community, I hope we can become friends over the coming months and years.  Maybe, just maybe, some day in the future we can make a toast to the mis-fortune of those with short-term profit on their mind.  The ones who on this very forum lament that they sold their children's college fund worth of BTC for a pizza.

Just two Digi's on this coin and the crypto-currency market in general.  Sorry for the soapbox and lecture Grin
134  Alternate cryptocurrencies / Announcements (Altcoins) / Re: ★★ DigiByte ★★ [DGB] - A Professional Cryptocurrency ✈ Android Wallet ✔ on: February 03, 2014, 08:42:21 AM
rewards are the same.  what are you guys smoking.

True, rewards are still the same only less blocks being found atm because there are now more pools which divide the blocks. Therefore payout per hours is less.
Going to set up a forum when i relocated to my new house.
https://dgb.luckyminers.com

The number of pools on the network doesn't change the payout per hour. 
Even an increase is total network hash wouldn't change the payout per hour or day until the re-target changes the difficulty.
For the pool your mining in it is. If a pool finds less blocks then there is less to be payed out to it's users. The amount per block stays around the same unless the network splits it..
Think what have here is a simple mis-communication Smiley

At a given difficulty, with a given hash-rate, the number of pools has no effect on the amount of blocks a specific pool will find.
hash*difficulty=blocks found

If more pools are created and with those new pools comes additional miners and therefore additional network hash, the difficulty will re-target, and the prior amount of hash will find less blocks as the difficulty has went up.  I was simply stating that the number of pools itself doesn't affect the amount of blocks found; only the difficulty changes that.

1 MH/s, 1 pool, 1 difficulty == 1 MH/s, 1000 pools, 1 difficulty.
135  Alternate cryptocurrencies / Announcements (Altcoins) / Re: ★★ DigiByte ★★ [DGB] - A Professional Cryptocurrency ✈ Android Wallet ✔ on: February 03, 2014, 07:41:51 AM
rewards are the same.  what are you guys smoking.

True, rewards are still the same only less blocks being found atm because there are now more pools which divide the blocks. Therefore payout per hours is less.
Going to set up a forum when i relocated to my new house.
https://dgb.luckyminers.com

The number of pools on the network doesn't change the payout per hour. 
Even an increase is total network hash wouldn't change the payout per hour or day until the re-target changes the difficulty.
136  Alternate cryptocurrencies / Service Announcements (Altcoins) / Re: CoinMarketCap.com - Market Cap Rankings of All Cryptocurrencies! on: February 03, 2014, 01:19:37 AM
Just wanted to say that your API and the data you provide is greatly respected and appreciated by miners and the community in general Smiley

It isn't much, but if you PM me your DigiByte wallet address, I would be happy to throw you a $10 USD/DGB donation for all of your work Grin

Speaking of which, I don't see DigiByte on coinmarketcap..?  Definitely a great upcoming coin.  I have been watching it since the beginning and the Dev's are certainly "plugged in".  Android wallet, fiat exchange in development, and the list goes on.  Volume isn't massive, but frankly that is because most of the big players are holding on to their coins 'til death, lol. 

A good sign.

You should check it out Smiley
137  Alternate cryptocurrencies / Announcements (Altcoins) / Re: ★★ DigiByte ★★ [DGB] - A Professional Cryptocurrency ✈ Android Wallet ✔ on: February 03, 2014, 01:03:23 AM
Totally disappointed in this coin's performance.  Roll Eyes

I mean, you could pay your taxes with Bitcoins 3 weeks after it launched, right?  Roll Eyes Roll Eyes

Pardon the sarcasm, but let us please keep our unrealistic expectations in check.

Steady wins the race friends, and we are already ahead of the curve in that respect.
138  Alternate cryptocurrencies / Announcements (Altcoins) / Re: ★★ DigiByte ★★ [DGB] - A Professional Cryptocurrency ✈ Android Wallet ✔ on: February 02, 2014, 09:23:14 AM
any news about cryptsy?
Last I had heard, Vern has asked for more information in the help desk thread, and DGB appears to be in the cryptsy wiki (which doesn't nec. means anything, but is promising).
that sounds like vern is interested
Curious, certainly!

I think the community would be thrilled to have DGB on Cryptsy and I think it would be great for the coin.  
Cryptsy seems to run a tight ship.  

That said, the success or failure of this or any other coin, I don't believe, will be about today or tomorrows price or trading.  
It will be about sustained development and support, which through conversations I have had with the Dev's I whole-heartedly believe will continue into the distant future.  My DGB where my mouth is: I could darn near tear down that buy wall at 150, and yet I haven't sold more than 8,0000 DGB (which I since have re-purchased) since the market opened and that only as a toy to play with to keep my resolve strong Smiley

EDIT: Oh, and I forgot to mention, the above DGB I do have in the market has come entirely from other coins that I sold in order to buy the DGB to start with Smiley
139  Alternate cryptocurrencies / Announcements (Altcoins) / Re: ★★ DigiByte ★★ [DGB] - A Professional Cryptocurrency ✈ Android Wallet ✔ on: February 02, 2014, 09:12:42 AM
So is the Small Time Miner DigiByte Pool pretty much the entire DigiByte network now? I've tried mining at other pools but even over extended time you don't get the correct amounts of coins you would think you should calculating your hash rates against the nets hashrate so it seems like the only place people are getting proper proportions of coins is smalltimeminer.
very disconcerting...
Does anyone see this any different than me?
http://digi.coinium.org is working well for me.
I have been running the dgb.Get-By.com pool since the day of the launch.
I have only had a single user communicate a concern that the proper number of coins weren't mined: and it turns out that user didn't understand that shares are not coins.
I was using dgbgetby also but for several hours I haven't even had any unconfirmed coins show up so I ended up switching for now.

You didn't go a few hours without an unconfirmed coin.  We did just have a really unlucky block, around +400%. 

But, even that block wasn't a few hours.

We also had an extremely lucky block at around -2,000%, so please do not judge a pool by one un-lucky block.

I sent you a Personal Message requesting more information, to look into your account if your interested.
140  Alternate cryptocurrencies / Announcements (Altcoins) / Re: ★★ DigiByte ★★ [DGB] - A Professional Cryptocurrency ✈ Android Wallet ✔ on: February 02, 2014, 09:01:51 AM
any news about cryptsy?
Last I had heard, Vern has asked for more information in the help desk thread, and DGB appears to be in the cryptsy wiki (which doesn't nec. means anything, but is promising).
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