I remember 320 at coinmarket.io xd
Yes, right now it is definitely a buyers market. This "transaction malleability" issue has thrown a monkey wrench into the crypto community this week. |
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False alarm.
It was a confirmed block. I waited until it was confirmed before sending it.
For some reason it is now sent. I did nothing after it was rejected, but the coins appeared at the receiving wallet.
Great to hear! Good luck with solo mining! |
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So I solo mined a block.
Went I sent the coins to an exchange, it was rejected.
Now the coins I solo mined as well as coins I had pool mined that were a part of the transaction are gone.
What do I do?
In the transactions list it shows the sent amount as Unconfirmed, 0 of 6. And the coins are now tied up.
Was the block confirmed or orphaned? Do you have the block #? |
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Very interesting video. Thanks for posting it!
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Some suggestions to get the Network Hashrate up and increase the value include: - Kimoto Gravity Well Implementation
- Block Reward Halving at some point or reduction
- DGB/BTC Exchange
- Update on current plans by developers
We are looking into the best possible solution for the Difficulty re-target. The Gravity well is being considered but we are not sure if it is necessary. Giving the coin a 3-5 minute re-target window might have the same effect. We are still working on the exchange. The biggest issue is legality now that individual states are going after crypto exchanges. |
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Also the quoting has gotten a little ridiculous there... Anyways, I'll be watching and waiting for some more people's opinion on the matter  DGB does have a pretty vocal community, afterall. In fact, I remember someone posting about Kimoto a long while back in this thread. Like page 120 or so? Becomes a big topic for DGB now, huh  Honestly, the re-target time isn't bad at all on DigiByte. We haven't experienced anything even remotely as serious from the multi-pools as some of the other coins. Not even close. There are coins that have literally faced the die or change re-target time wall. Sure, it's not as bad as others, but it's far from ideal. Like most of the people here I have the desire to pay off the cost of my mining equipment (apologies my interest in Digibyte isn't 100% altruistic lol). Both yesterday & today (a few hours ago) we got hit & it's really biting into mining rewards. With the retarget due in 2 blocks now just watch how long the network takes to go from current 266MHs to over 3 GHs :/ That we ever got so low as 266MHs is surely an indication that some action is needed? Edit: such large variations in network hash also open us up to 51% vulnerability. smalltimeminers went from approx 5% of the network to currently 30% in just a couple of hours. I think it's in the interest of long term viability that network power is stabilized via Kimoto. We agree that the difficulty re-target can be improved upon. We are researching the best way to do this in order to help maintain a healthy hash rate. |
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Ok here is what Goldcoin did when they lowered their block reward from 500 to 50. A couple weeks later instant surge to the moon. Of course it dropped back down aftwards but the new baseline was still 10-30x higher. Mind you, this was with a coin most of the community hated. Everyone LOVES Digibyte.  I'm up for a decrease in block rewards. Maybe 2000 or less a block? Increasing the difficulty of obtaining DGB would certainly increase it's value. I think it would be better that way. Also, everyone seems to want Kimoto Gravity Well, so I don't see why not. I need to look up on what exactly it does, but it seems like it makes it easier to recover from multipool attacks somehow. We are looking into these ideas. We are also looking more into the gravity well. Generally a hard fork and block reward change could cause much confusion among new users. Especially when a mandatory update is required. |
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Every alt is down in price. Waiting on BTC and Gox situation.
Yes, tomorrow will be a very interesting day in the Crypto world. |
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+1 Lets keep the votes rolling in! |
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What did you guys thinking about coin value? Last 2-3 days it's slowly falls down. You are all voting Cryptsy to add DGB but did you now what happens with 80% of coins value when coin hits Cryptsy? Big dumps and quickly devalue. Take care with this. Are DGB really needs Cryptsy right now? May be some kind of work required to value rising right now before Cryptsy adds it?
Too many easily mined coins, to low difficulty. That's the price you pay for being high on Coinwarz. We figured that both of these things will happen eventually. The sooner we can get on Cryptsy and get through that cycle the better. Once we have gone through all initial coin steps like CoinWarz & Cryptsy we can start a larger marketing campaign and bring about a slow & steady rise. We have some big things ahead this week. The more people we can get mining the better. In our opinion being at or near the top of CoinWarz is a good thing. The more ways people can find out about DigiByte the better. We have already started a $100 Facebook add trial. We have received about a 1.5% CTR with 80 clicks and $60 spent. |
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This appears to be the case. This is probably also why the pool operator never contacted us and never asked us to add it to the list. |
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Could get very expensive very quickly. Forty-eight US states regulate money transmitters although the laws vary from one state to the other.[3] Most of the states[4] require a surety bond with widely ranging amounts from as little as $25,000 to over $1 million and maintaining a minimum capital requirement. There is an association of state regulators, the Money Transfer Regulators Association (MTRA)[5] that seeks to create uniformity and common practices and efficient and effective regulation of money transmission industry in the United States of America. The MTRA membership consists of state regulatory authorities in charge of regulating money transmitters and sellers of traveler’s checks, money orders, drafts and other money instruments. |
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Progress update for the DigiByte exchange Digi-Pay.com:It appears that we will have to delay development work on the DigiByte exchange until we can clear up a few legal issues. First of all, since we are located in the United States we must abide by all FinCEN regulations. This in itself is not very straightforward as there is currently no "clear" rules yet. FinCEN: http://www.fincen.gov/financial_institutions/Our biggest challenge is now that a precedent has been set for individual US states to go after crypto exchanges things are going to get much tougher on cryptos: http://krebsonsecurity.com/2014/02/florida-targets-high-dollar-bitcoin-exchangers/It appears that a "Money Transmitters License" will probably be required in each and every US State. Please note Paypal has applied for licenses in almost every US State: https://www.paypal-media.com/licensesThis is scary because existing companies such as BitPay, Coinbase, Cryptsy could soon find themselves catching scrutiny from individual states. To our knowledge they do not poses licenses in each and every state. Getting a license in each state can be a very costly en-devour: Forty-eight US states regulate money transmitters although the laws vary from one state to the other.[3] Most of the states[4] require a surety bond with widely ranging amounts from as little as $25,000 to over $1 million and maintaining a minimum capital requirement. There is an association of state regulators, the Money Transfer Regulators Association (MTRA)[5] that seeks to create uniformity and common practices and efficient and effective regulation of money transmission industry in the United States of America. The MTRA membership consists of state regulatory authorities in charge of regulating money transmitters and sellers of traveler’s checks, money orders, drafts and other money instruments. Licenses will also probably be required by foreign countries. If anyone has any additional information on this it would be greatly appreciated. 2014 and the next six months will be a very interesting time for cryptos. It seems everyday now regulators are cracking down.
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