We wanted to let everyone know the www.DigiByte.co website is down and we are working on restoring it! DDOS??? Yes, we have experienced some sort of attack.
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Lottery now closed.
Let us know when to pick the winner!
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We wanted to let everyone know the www.DigiByte.co website is down and we are working on restoring it!
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Appbox, can you tell us once again what exactly people are calling DigiByte in Chinese?
"极特币" Like the translation on that one ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) So it means "Very Special Coins" Is there a closer translation to DigiByte?
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Not able to read it as we do not have a FT membership. Is the article anywhere else? that's weird, neither do I. I'll put the main points here (article dated Jan 6): One exchange, BTCtrade, has continued using a third-party payment provider even though the central bank banned such links with Bitcoin exchanges. A customer service representative for the exchange said its payment provider had yet to receive a formal notice from regulators and so remained active. Other exchanges have looked for loopholes. Huobi, a Beijing-based exchange, allows users to make direct deposits in its own corporate bank account or even the personal one of Li Lin, its founder, with the company then brings the money on to its trading platform. “We are a company and we have a business selling a product, and we need to settle accounts. This is totally legal. Yes, we can’t co-operate with payment providers but we can still conduct our own business,” Mr Li said. OkayCoin has tried both approaches. It has worked with 95gateway.com, a small payment provider still willing to do business with Bitcoin exchanges, but this payment company has struggled to cope with the volume of transactions. At the end of December, OkayCoin created a corporate account similar to that of Huobi to handle deals. “For the two weeks that funds could not be added to our exchange, it was as painful as sitting on a thorn. The days went by like years,” it said in a statement on its website when unveiling the new corporate account method for transferring funds. BTC China is beginning to fight back. It has opted not to use the corporate account transfer method out of concern that regulators might deem this to be the same as using a third-party payment provider. However, it has created a voucher system that allows people with money on the exchange to sell the right to that cash to people who want to buy Bitcoins TL:DR The larger exchanges seem to allow direct payments to their corporate accounts, but as this is a slow process it's probably only attractive to speculators & is killing any chance of using BTC as a means of payments for goods and services. If people really want to buy BTC it does appear they can though. The article says nothing about how to cash out though. Awesome, thank you for posting!
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This is very interesting and we will look more into this. Thank you for pointing it out!
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Not able to read it as we do not have a FT membership. Is the article anywhere else?
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What about Kimoto gravity well for Digibyte ?
What is this exactly? We have never heard of it.
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Couldn't care less about them exchanges, they'll have to add DGB eventually anyway. Coinmarket.io is doing a great job. Im converted!
Those exchanges will make the price go up and attract a lot more traders. Getting DigiByte on them is a very big deal... +1 Demand would pick up significantly and so would the price. It would also get us on http://coinmarketcap.com/Wouldn't it be neat to see DigiByte climb on coinmarketcap ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) The price would take a significant hit because multipools use Cryptsy to dump their coins. And we're talking huge amounts of coins per minute, way more than buy demand can handle. It's the main reason LOT hasn't climbed higher on cryptsy despite taking off last week, they get to a point where multipools start mining & selling and then buy demand just can't handle it. Seriously, coinmarket.io is doing a decent enough job as it is. We should keep doing what we're doing, get the word out, promote the coins strong points & then when Digi is finally added on an exchange like Cryptsy there will be greater buy support to help protect against the inevitable power dumping. This is a very solid point. And it may be in our best interest to just stay on coinmarket.io for awhile and to let the other exchanges add us when they are ready. Coinmarket.io is doing an awesome job!
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Does anyone know if it is possible to buy any coins with bank deposits in China still? We read they are using a voucher system, does anyone know of any other ways?
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Appbox, can you tell us once again what exactly people are calling DigiByte in Chinese?
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Couldn't care less about them exchanges, they'll have to add DGB eventually anyway. Coinmarket.io is doing a great job. Im converted!
Those exchanges will make the price go up and attract a lot more traders. Getting DigiByte on them is a very big deal... +1 Demand would pick up significantly and so would the price. It would also get us on http://coinmarketcap.com/Wouldn't it be neat to see DigiByte climb on coinmarketcap ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) Anyone know who runs coin market cap?
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It is great to see the net hash around 2 GH.
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have you seen the permissions that wallet wants? camera usb storage bluetooth full network access + more can anyone explain why a wallet needs all this access? The Camera for the QR code scanning. Usb storage to store the wallet data and block data (not the full block chain). Bluetooth for transactions over bluetooth. Full network access for lots of things. Like the block chain headers,transactions, exchange information (when it is updated) etc. If your suspicious, which would be perfectly understandable being a security conscious person myself, feel free to go through the source and compile the apk from that. It is available on github, although I still need to update the build instructions. https://github.com/digibyte/DigiByteAndroidWhat exactly is bluetooth transactions? Is there anything special about it? It would probably be the transfer of funds from two phones through a bluetooth connection, making it easier to send funds to another person who has a bluetooth compatible mobile device with a DGB wallet on it. I haven't tried it out yet though, and am curious as to whether this applies to phone->desktop connections as well as phone->phone connections. I would guess that it doesn't, but it's a pretty cool idea. I personally haven't really used bluetooth for much however, so I can't vouch for how well it would work. Bluetooth phone to computer would be a great thing to test out! Thanks for the idea!
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Looking forward to choosing the winner. When will the winner be chosen again?
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We are working on the basic DigiMan how to guides still. Our goal is to become a bridge to the crypto world for people who do not know or understand how crypto's work. Or aim is to make things very simple for the average user!
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Damn, that looks great! You guys rock! Thank you! We are excited to have it on there!
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