Too much idiocy. CryptoLTD, you're on ignore and my DGB thread is looking a lot cleaner, with what's worth reading not being overrun by crap. And if no-one responds to him, I won't see him in quotes either.  |
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Essentially, it's a hedge. There is always the dynamic of folks looking to generate quick ROI and move on to something else; maybe it's one desires to fulfill some other immediate need. If you can look globally, then the time it could take to generate the floor of what DGB is suggesting could satisfy an entire generation of investor's needs. It all depends on what is important. I suspect BTC will continue to take a beating, which from a fiat perspective is highly attractive to purchase more DGB (until this dependency is removed).
It's pretty exciting to see what we are able to be a part of.
YC
I agree with that logic. It's got to be one of the best long term hedges one could find, as well as being one of the best long term investments in future technology that could be found at the same time - two for the price of one!
Well the rewards went down & DGBs price followed it, someone on cryptsy just mines the coin & dumps every block, if the reward comes down more with luck it will not be worth mining anymore to dump & possibly the price will go up a bit......TBH if the price continues to fall we will not be far from Pandacoin prices
I have tried many many time to get others involved......you should see the look on there faces when i show them the price charts
There has got to be some kind of BIG marketing plan real soon or this is going to be a very very long road to recovery if any recovery at all
Like i said before once you lose the interest of the customers its far to hard to get them to return even if you have something major to offer they will be reluctant to buy in again
We need something fast Jared i sincerely hope you can pull this rabbit out the hat
I know that ready made phrases can seem to be superficial and inadequate consolation, but I'll still sum up my thinking on this by saying that I'm firmly of the opinion that it's not a question of IF but WHEN (assuming the Devs don't shoot themselves in the foot and self-destruct, which is always an outside chance). DGB is still the most profitable coin to mine with GPU technology (and probably with ASIS technology as well, but I haven't done the analysis to be able to say so categorically), and as long as that is the case, and as long as there are miners desperate to pay off initial investment costs as well as daily operating costs (good luck to them on that one), people bringing fiat directly into digital currencies will have a hay day buying DGB. That's the current dynamics of the situation that there's no getting around, and I am confident that if we were to meet both groups at a cocktail party, the only ones complaining would be those miners selling at a loss. Take advantage, and take whatever fiat you can allocate for the purpose and buy DigiByte. Every balanced portfolio should be made up of at least 1% of DigiByte in my humble opinion. That would be around a $1000 USD, or, at current prices, around 22.5 million DGB, for the average portfolio for people aged between 45 and 65. Is that what you've got? I'd go so far as to say that everyone should have at least 20 million DGB, even the newest entry into the workforce, since that even in spite of not having an investment portfolio to begin with, at that age a speculative investment of $1000 USD can easily be recouped in one's working lifetime. I'm so convinced about this that I would say to everyone reading this thread, that if you're following DigiByte and don't have at least 20 million DGB, you'd better start asking yourself what in the world you are waiting for. |
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did anyone try this site http://cryptodouble.com/ , they claim that they will double your investment in 100 hours digibyte is on the list , so if you invest 10K DGB in four days you would get 20K DGB , sounds to good to be true You know what they say, if it sounds too good to be true, it probably is. And that's all that need be said in response to what initially looked to be a good faith question - everything beyond that is histrionics showing nothing more than the hysterical character of its author. Don't feed the trolls. |
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I like how all the 'long termers' are now tellng people to buy, claiming their not just P&D flippers..and yet, they dont buy @ these 'low low bargin prices'.. yep it might move, when you buy your own coins , no one here is new. Stop the madness.
CryptoLTD, what do you mean that no-one here is new? Okay, I know you are relatively new yourself, so what you're comparing to is limited, but if you were comparing a bit longer term, for example, you would see that in the last 4 to 6 weeks newcomers have been arriving on a daily basis, and the number of people who I had seen before in other threads on BCT but that I had never seen posting here on the DGB thread has also been increasing noteably. No-one here is a P&D flipper, either you're projecting or you're not reading correctly, or both - there's just no basis on which to make that claim. Nobody is buying DGB? In the last 4 months over 2 billion DGB have traded on Cryptsy alone. Granted, a lot of that is accountable to trading by market makers, but mixed in there somewhere are buyers who are buying and holding for the long term. Or would you attempt to argue the opposite? What with a steady stream for months now of automatic sells that are exactly equal to the block subsidy at the time, would you even try to argue that the bulk of the selling is coming from somewhere else than from desperate miners? Please, try to be a bit more objective and fair with your 'declarations', not just for everyone else, but for your own reputation. |
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Well the rewards went down & DGBs price followed it, someone on cryptsy just mines the coin & dumps every block, if the reward comes down more with luck it will not be worth mining anymore to dump & possibly the price will go up a bit......TBH if the price continues to fall we will not be far from Pandacoin prices
I have tried many many time to get others involved......you should see the look on there faces when i show them the price charts
There has got to be some kind of BIG marketing plan real soon or this is going to be a very very long road to recovery if any recovery at all
Like i said before once you lose the interest of the customers its far to hard to get them to return even if you have something major to offer they will be reluctant to buy in again
We need something fast Jared i sincerely hope you can pull this rabbit out the hat
I know that ready made phrases can seem to be superficial and inadequate consolation, but I'll still sum up my thinking on this by saying that I'm firmly of the opinion that it's not a question of IF but WHEN (assuming the Devs don't shoot themselves in the foot and self-destruct, which is always an outside chance). DGB is still the most profitable coin to mine with GPU technology (and probably with ASIS technology as well, but I haven't done the analysis to be able to say so categorically), and as long as that is the case, and as long as there are miners desperate to pay off initial investment costs as well as daily operating costs (good luck to them on that one), people bringing fiat directly into digital currencies will have a hay day buying DGB. That's the current dynamics of the situation that there's no getting around, and I am confident that if we were to meet both groups at a cocktail party, the only ones complaining would be those miners selling at a loss. Take advantage, and take whatever fiat you can allocate for the purpose and buy DigiByte. Every balanced portfolio should be made up of at least 1% of DigiByte in my humble opinion. That would be around a $1000 USD, or, at current prices, around 22.5 million DGB, for the average portfolio for people aged between 45 and 65. Is that what you've got? I'd go so far as to say that everyone should have at least 20 million DGB, even the newest entry into the workforce, since that even in spite of not having an investment portfolio to begin with, at that age a speculative investment of $1000 USD can easily be recouped in one's working lifetime. I'm so convinced about this that I would say to everyone reading this thread, that if you're following DigiByte and don't have at least 20 million DGB, you'd better start asking yourself what in the world you are waiting for. |
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I want to see a video witb Jared telling us about recent developments/accomplishments and how they fit into DigiByte's long term strategic plan.
KISS
If it was good enough for Steve Jobs . . .
Don't complicate things. The product speaks for itself, and anything "extra" only serves to take away.
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Not to down play a video, however, I think theres much more important things @ hand.
I agree. A video takes a script, a set, a camera, and some editing and shouldn't take long or cost much. It should be treated as the basic PR device it is, and created and distributed ASAP. The infrastructure being built up around DGB is the priority as I see it, and if I were to add something to that list of project developments that the $250,000 is destined to finance it would be the DigiByte version of this: |
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Regarding the strange sells of 2434 Digibytes.
I just spent the last 24 hours buying everyone of 'em.  That was after doing the same last weekend.  Someone with an automatic sell of each block mined.  And 14 satoshi is a giveaway.  I'm a very happy camper. P.S. I think the idea that we all put something DGB related in our signature line is a great idea! |
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Be very careful with the third parties you leave your digital currency with - it's just like leaving digital currency with an exchange: you lose control and can lose your money (and with an online wallet, the risks are much higher).
Be very careful.
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We are looking to have a professional promo video created for DigiByte. Does anyone have any suggestions or know anyone we could get into contact with?
Good to see the fork went off without a hitch. Win64 wallet is running great. I'm a big fan of digibyte and would love to see an updated video from jared outlining whats happening now and whats next for digibyte. The hard fork is a perfect time to release a vid. Jared could begin with the reasoning behind the fork then segue into new offices(digipay) & the future plans. If we want to reach the masses we need to utilize main stream media channels Yup this would be a great time... I don't need him to be on here everyday but this would be a great time for a video I heartily agree with you guys, but he might be waiting for the 1 year anniversary. I'd say do both, even if, or perhaps especially since they'd be close in time and would serve to support and build on each other. A video now, and another one on the first birthday! (Will it be an anniversary or a birthday?  ) Flex those muscles and capitalize with some hot PR. Edit: Okay, if I were the producer, director, I'd get an auditorium (or a very big room), create an everything black backdrop, and put up a white board on the opposite side of the stage from the lectern, a large light, bright Power Point presentation in the middle, and Jared telling us about what's going on and how it all relates to DigiByte's long term strategic vision. |
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Make sure to connect with DigiByte on social media! Dead link Thanks for pointing that out. We will remove it from the website & social media. You're kidding. I thought DigiByteTalk was the official DigiByte forum. Was it third party? |
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I agree, Pringles, this looks good, and just the sort of thing that DGB should be on. I'm not so sure, but on balance, and in spite of some very big DISadvantages, I'd have to say that the positive PR sure couldn't hurt - there are some big names there already - but being sure to adequately inform about those disadvantages so that users never get hurt either (or at least not unknowingly.) |
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I'm experiencing a sync issue with v3.0.3.0-g354c0f3-MultiAlgo (64-bit) running on Windows 7, SP1.
Are you still having a sync issue? We just checked the seed nodes to make sure they are working as expected. I'm kind of in and out all day today, and I've been letting it run, but, no, it still hasn't budged. (I have another install on a laptop that "was taking its time", but did fully sync.) I was taking a look at the nodes I was connecting to using getpeerinfo, and I remembered I had a previously configured digibyte.conf file in use. I am going to rename so it doesn't load, and I'll let you know. Add: I just got a "you need to reconstruct the database being used - reindex to change - twindex" message (I've translated so that might not be the exact wording in English). I've accepted, and it's reindexing. Add2: I've got a perfect sync. In case it's of interest, this is the conf file I was using: listen=1
daemon=1
server=1
txindex=1
debug=1
algo=groestl
rpcuser=user
rpcpassword=password
rpcport=14022
port=12024
rpcallowip=127.0.0.1
addnode=216.250.125.121
addnode=74.208.230.160
addnode=69.164.206.169
addnode=192.99.215.234
addnode=96.126.114.208
addnode=54.204.36.33
addnode=192.99.41.108
addnode=199.83.128.91
addnode=199.83.132.91
checkpoints=1 I'm inclined to think that checkpoints=1 was the culprit . . . |
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I'm experiencing a sync issue with v3.0.3.0-g354c0f3-MultiAlgo (64-bit) running on Windows 7, SP1.
Stuck on 406312. |
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I'm experiencing a sync issue with v3.0.3.0-g354c0f3-MultiAlgo (64-bit) running on Windows 7, SP1.
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whats going on with DGB on cryptsy seems to me there is a bot lowering the price for some reason anyone have any clue as to why this is
repeat sell orders of 2434.40999883DGB
I think it is a miner with autodump. That figure just so happens to match the current block reward. Is scrxxx still trying to make a living?  Kind of strange though with their wallet being off-line for maintenance. BTW, is there really anyone who thinks it's interesting to trade with oneself? Accumulating points and rebates? As if that were profitable and not a losing proposition after commissions are factored in? |
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Very well stated, and thanks 24 for bringing it to our attention over here.
@Digibyte, you had about two weeks to prove me wrong and demonstrate the investment is real. The fact that you have kept deathly silent and are just depending on a dishonest moron to defend you says a lot of your values.
EyesWideOpen, Thank you for taking your time to research, question & discern the truth behind our investment. We all know the crypto world has been rife with scams, liars and other nefarious bad actors. Please understand that after a couple years of dealing with these message boards & bad actors we have grown tired of following every post or message that distracts us from our end goal and long term vision for the future success of DigiByte. It appears we have not followed this particular thread as closely as we should have as we have been busy working & getting things done. In short the investment was made by a single private angel investor (not TofuGear) to create two privately held companies that will be building usable infrastructure around the DigiByte network. However, this also means part of the investment is being used to strengthen the open source protocol & to further develop DigiByte. No DigiBytes were sold so there was no "ICO" "IPO" or what ever its being called these days. Private investments occur all the time without disclosure in the global business world. Due to NDA's with other companies we are working with as well as our investor we are not able to disclose more at this time. Also, it makes no sense for us to reveal strategic details & plans before we are fully ready to implement and deploy them. For all we know, you could even be one of the anonymous people behind this coin. At the very lest, we know you are a bagholder by your ridiculously spirited defense of this 'investment'. We have never hidden anything about DigiByte or where it came from or who has worked on it. I myself, Jared Tate, the creator of DigiByte have been publicly known since the beginning of DigiByte. Feel free to connect with me on LinkedIn here: https://www.linkedin.com/profile/view?id=324950755&trk=nav_responsive_tab_profile_picAlso, check out our presentation from the New York convention last April: https://www.youtube.com/watch?v=JkWVD8MJlS0The two companies we have created are: DigiPay LLC of Delaware & Digitrade International of Hong Kong and have been registered with the State of Delaware and the Hong Kong government accordingly. Each are freely accessible by searching each jurisdictions records. If you have more questions about the integrity of DigiByte please stop by here and read the full, unedited history of DigiByte for yourself to draw your own conclusions: https://bitcointalk.org/index.php?topic=408268.0In summary if you have not read the original press release that was properly vetted by Coindesk and others, let me re-post it: The DigiByte Team is pleased to announce the opening of two new companies and offices representing their full suite of products & services: DigiPay LLC of Santa Monica, California and DigiTrade International Limited of Hong Kong. With a private investment made for USD $250,000, the DigiByte Team now has the financial backing to build software and services around the DigiByte core protocol and bring DigiByte further into the digital and real world markets.
Through a strategic partnership with Tofugear Limited of Hong Kong, the DigiByte Team has now expanded to developing solutions in a global operation, to meet the ever-changing demands of the consumer. In collaboration with Tofugear Limited’s strategic retail, wholesale and technical development partnerships, the DigiByte core protocol is currently being developed into a range of solutions that will revolutionize the consumer’s daily life.
DigiByte (DGB) is a rapidly growing worldwide professional decentralized payment network. The DigiByte Development team holds offices in USA and Hong Kong, with community developers spanned globally. DigiByte allow you to move money more securely over the internet similar to PayPal and Western Union, but with many improvements, including lightning fast transactions with minimal or no fees. Users send and receive DigiBytes to or from any DigiByte address in the world in a matter of seconds, with no required sign up, registration, or hidden fees. Please feel free to checkout the Tofugear website here: http://www.tofugear.com/Their company registration is also on file with the Hong Kong government. We know who we are, we know what we are working toward and we have been honest and transparent about that for over 11 months now. It makes no sense for us to work full time on this project for a year, make public appearances at several digital currency events, partner with a real world company only to "fake" an announcement. Thanks again for asking questions and we encourage everyone to do their own research and make their decisions accordingly. We have several irons in the fire & a lot of development work going on. We have some very exciting things in store! At the end of the day we believe whole heartedly in the potential crypto currencies offer to everyone on the planet. We are working hard each & every day to help bring this potential into the real world. We are all in this together and as such we would like to offer a warm & friendly welcome to everyone who reads this to come join the DigiByte community! We are in this for the long haul! Cheers! -Jared |
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Good to see the fork went off without a hitch. Win64 wallet is running great. I'm a big fan of digibyte and would love to see an updated video from jared outlining whats happening now and whats next for digibyte. The hard fork is a perfect time to release a vid. Jared could begin with the reasoning behind the fork then segue into new offices(digipay) & the future plans. If we want to reach the masses we need to utilize main stream media channels Yup this would be a great time... I don't need him to be on here everyday but this would be a great time for a video I heartily agree with you guys, but he might be waiting for the 1 year anniversary. I'd say do both, even if, or perhaps especially since they'd be close in time and would serve to support and build on each other. A video now, and another one on the first birthday! (Will it be an anniversary or a birthday? ) Flex those muscles and capitalize with some hot PR. Edit: Okay, if I were the producer, director, I'd get an auditorium (or a very big room), create an everything black backdrop, and put up a white board on the opposite side of the stage from the lectern, a large light, bright Power Point presentation in the middle, and Jared telling us about what's going on and how it all relates to DigiByte's long term strategic vision. |
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a lot of people think just because of the reduced block reward that the price will go up
it wont , there will be less DGB per day but also the difficulty will go down ,
I would like a steady price increase over time in the next few months instead of a pump
It is certainly going to be interesting to see. My theory is that mining is dominated by short term thinkers who sell as quickly as they mine (regardless of what is being mined). This theory describes a panorama where immediate ROI is paramount, and which includes hardware investment as well as daily operating costs. Long term investment is not a consideration. X amount is invested, Y pays for daily operating costs, and both must be recovered ASAP. There are fixed numbers to worked with - anything else is speculation - and these mining entities are "fixated" on these fixed numbers. All it takes is a quick look around and some quick math in order to come up with some pretty consistent reward to price ratios that support this argument that mining is dominated by entities who do nothing more that look at, and make decisions based on, these simple fixed numbers and very short term ROI goals. If my theory is correct, DGB should triple in value in very short order. |
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