This will dump hard, because miner pressure isn't that big atm. People are just dumping massive loads and expecting a pump, not gonna happen.
why should they dump a lot if they expect a pump. doesn´t make any sense... your quote from 8th, december: "Block reward will go /3, so it's more likely that the price will go up than down. But it's crypto, everything can happen." you don`t know what you want, bro.  In my opinion we will see a small pump. price went down to 15 sat today and that`s something which implys a pump in my eyes. |
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388 blocks left!
YC
three hours |
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This is to all developers and business men around the cryptocurrency world. If you want to promote your coin or project to our german readers pls contact me via PM. We can talk about sponsored stories etc. in german or english. We also can publish press releases. Best, voe http://blog.btcgermany.eu/Edit: sadly we can not promote gambling sites |
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When will crowd funding marketing really kick in? It appears most early buyers have bought what they want for now.
on poloniex we have a 3,3 BTC volume so far today. I think more and more investors come in when Rofo publishes more of his plans. |
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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. To me, simply cutting the rewards three times will not increase the price 3 times right away in the short term. I know some peeps here looking for some fast profit x2-3, meaning that buy back x2-3 more DGB, but it may not be that straight  As it is said by jared, too, this is a long term vision and good for the future of DGB. And one thing you are forgetting here is that even though 3 times rewards will be lowered, new DGB coins will be inflated through the network. Therefore if there are no new buyers, then that will start short term dumps and price drops. But somehow this is good for DGB to settle with the new parameters of the block chain and the network. So in my case and my calculation in order: short term price increase for one day only when fork happened, then some dumps will follow, price will be stabilized for a while at low until the next announcement or piece of work target is achieved. Then we will start going upwards to 20-30sat range again (2-3 months), then whales will start investing which will take Dgb to 100 sat in a bit longer term (6-24 months). Within that 2-3 months, I personally expect a huge increase in bitcoin price, therefore some more dumps may occur in my opinion. Some things i agree and some things i don't. Yes in short term there will be some dumping when the price is going up because of the fork. Around 25 sat. If we do not get any new announcement people will take there quick profit. Digibyte is now working with 12 members. There will be some new announcements soon after the hardfork and that will get the price up to i think 45/60 sat. Why 45/60? I'm counting in the reduction,Digibyte trusted level,new announcement & Miners want to get payd for what they are mining so less will be selling at prices around 20 sat. in the mid/"long"term you are talking about. i think Digibyte will be around 150-250+ sat. It's just really depending of what Digibyte have to offer in 2015. Maybe it sounds ridiculous but i even think that when Digibyte will announce who the investor is and what the plans are. 500 sat is a price i'm thinking about We will see You have to look at the marketcap then. 150 sat per DGB means a 1,5 M $ market cap. 500 Sat means 5 M $ marketcap. To reach that DGB must have a real real world use like a huge payment processor or something like that. with so much coins it is really hard to get a high marketcap. |
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Huge and professional businnes plan
Is it possilble to make it real?
In my mind still memories when NOBLE was listed at Coinmarket.io. What a time!
The good old days (till they turned bad ofcourse ) I think Rofo can do it. He invests a huge amount of time in the business side of development. As he is not a pro coder (he can do some basics to maintain wallet), I think it is a wise path to choose a platform that does not require code maintenance on his part (for the NOXT part atleast, right?) and instead focusses on what he does best. yeah, rofo seems to be a great business man. Wouldn`t be surprised if you can get some investments like DGB. Australia is pretty open regarding cryptocurrency. So why don`t support a coin that comes out of australia? |
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We are about 8 hours from the hard fork. Make sure to update your wallet to v3.0.3 if you have not already. Once we get through the hard fork and we make sure everything is running as expected we will be announcing some new development bounties to help get everyone more involved. These will includes, graphics, guides, translations and promo videos. So be thinking of DGB ideas while you are mining these last few easy blocks I can do a german translation if needed. And I can publish an article on our german newspage. |
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great to see how this forum changed from a investors/speculators forum to a miners forum waiting for lyra2RE ! |
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397,757! Not too far now!
YC
yeah, counting blocks |
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everything is working well! thanks |
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from me, too Edit: Hey there everyone! New to DGB. Happy to have the possibility to buy DGB for that low price great future I think |
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THAT´s a master plan! great to see a summary of the coming steps  |
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der bitcoin ist wie für online poker geschaffen!
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