testing fairtoearth android app I see that If I want exchange fairs I must pay more than double compared with getfaircoin ratio. is this normal ? will be fixed in anyway, soon? becouse looks like the fairtoearth is only taking the price from bittrex+fee and as far as I know the correct price for faircoop is getfaircoin price. right ?
I was trying to use fairtoearth to take 20 euros ( 400 fairs in getfaircoin) ( I am agree in pay 550, or 600, or a normal fee ): the app ask me for 1081 faircoins (54.2 euros in getfaircoin) so I cant spend that amount of fairs.... if this is a special way to secure the fairtoearth fund.. what can faircoop do to fix this ?
thx for all your answers and time. cheers
I think you are totally right. @Faircoop team: The current FAIR price in GetFairCoin has really become unsustainable in my opinion. The way it is going now, no new money is coming in through GetFairCoin, because the price is really, really hign compared to the Bittrex price. This prevents new money coming in to GetFairCoin, which prevents the FairCoop team from buying new FAIR from Bittrex, which prevents the price on Bittrex to rise again. So we are really in a stallmate now and this is starting to threaten to trust in the whole FAIR economy. So the price in GetFairCoin really needs to be lowered again to the current Bittrex level. Then we can begin to grow again. I understand the vision of being attached to the Euro instead of Bitcoin, but maybe it's a little bit too early to let go of that link completely. Also, linking to the euro would of course only really work if you could also sell you FAIR for euro's at all times against the same rate. If you can only buy for euro's and not sell, then a link will not work. So please adjust GetFairCoin price for all the people who are not on Bittrex and we are good to go again !  Does everybody agree with this ? well if someone feel the price on GetFairCoin is so high and unacceptable..the solution is really simple..just use the Euro that you want to invest in Faircoin to buy Bitcoin,and then use the Bitcoin and buy Faircoin in Bittrex...there is no need to change the rate on GetFairCoin and it should be set as a standard price to avoid the speculators that try to get benifit with buying cheap Faircoin and than dumping it on Bittrex. well 3 steps and 3 fees is not really simple for many people... meanwhile you can use getfaircoin directly with just 1 fee for the faircoop network this is why the price in GetFairCoin should be higher..just look back the pass few months when the price in GetFairCoin was lower than Bittrex(most of the time)..and now the consequence is....we need to take more time for market to restore it's balance between Bitcoin and Euro |
|
|
|
testing fairtoearth android app I see that If I want exchange fairs I must pay more than double compared with getfaircoin ratio. is this normal ? will be fixed in anyway, soon? becouse looks like the fairtoearth is only taking the price from bittrex+fee and as far as I know the correct price for faircoop is getfaircoin price. right ?
I was trying to use fairtoearth to take 20 euros ( 400 fairs in getfaircoin) ( I am agree in pay 550, or 600, or a normal fee ): the app ask me for 1081 faircoins (54.2 euros in getfaircoin) so I cant spend that amount of fairs.... if this is a special way to secure the fairtoearth fund.. what can faircoop do to fix this ?
thx for all your answers and time. cheers
I think you are totally right. @Faircoop team: The current FAIR price in GetFairCoin has really become unsustainable in my opinion. The way it is going now, no new money is coming in through GetFairCoin, because the price is really, really hign compared to the Bittrex price. This prevents new money coming in to GetFairCoin, which prevents the FairCoop team from buying new FAIR from Bittrex, which prevents the price on Bittrex to rise again. So we are really in a stallmate now and this is starting to threaten to trust in the whole FAIR economy. So the price in GetFairCoin really needs to be lowered again to the current Bittrex level. Then we can begin to grow again. I understand the vision of being attached to the Euro instead of Bitcoin, but maybe it's a little bit too early to let go of that link completely. Also, linking to the euro would of course only really work if you could also sell you FAIR for euro's at all times against the same rate. If you can only buy for euro's and not sell, then a link will not work. So please adjust GetFairCoin price for all the people who are not on Bittrex and we are good to go again ! Does everybody agree with this ? well if someone feel the price on GetFairCoin is so high and unacceptable..the solution is really simple..just use the Euro that you want to invest in Faircoin to buy Bitcoin,and then use the Bitcoin and buy Faircoin in Bittrex...there is no need to change the rate on GetFairCoin and it should be set as a standard price to avoid the speculators that try to get benifit with buying cheap Faircoin and than dumping it on Bittrex. |
|
|
|
|
the reason i don`t want to invest on this coin is really simple-------------------------> no qt-wallet
|
|
|
|
|
Villain POW/POS 10M Coins in POW then DPOS / V-nodes | Scrypt | NO ICO/IPO ............................but................................................ .......................PREMINE.....YES!
|
|
|
|
Hi
Are debit and credit cards operational as normal or do shops need to use the POS systems you mentioned ?
I find the situation in Greece very complicated. I guess mostly because I'm not there to see what people are
feeling and how they are operating on the ground. Do people have any sort of plan or is just a completely
see what happens situation and work it out as it comes ?
Best
Greg
Hi. Debit and credit cards are operational here almost on every shop that has a POS. Most possibly if the EU decides in favor of more austerity, we will have to operate with those for the months to come. Liquidity is scarce already (small bills mainly) and there are people that have no ability to withdraw money from their accounts via the ATM machines (lack of 20EUR bills). The plan is that "life will go on" even without money as we know it. There are rumors that the Greek government already has plans about blockchain solutions (with whatever that means). Regards. Hi I was having a think about what you were saying. While the situation seems somewhat ideal for a crypto currency to find a worthwhile purpose in Greece I can't figure exactly how someone would implement it. I think it would cost a lot to do as well. How would you see such a plan materialising, what would it cost and where could we find someone to finance it ? These are the first questions that I think of. for getting a start,may be dev team can try to distribute/giveaway via FB to Greek's community give them a tool then they might be find the way out |
|
|
|
Introducing ★★DigiSpeed★★ Hard Fork What is DigiSpeed Hard Fork v. 4.0? DigiSpeed will allow DigiByte to match Visa in transaction carrying capacity! 1) DigiByte block timing will increase from 30 seconds to 15 seconds. 2) DigiByte block size will increase from 1 MB to 10 MB initially, with built in future increases. 3) Custom block propagation code based upon Microsoft research will dramatically increase network efficiency. 4) DigiByte transaction capacity will increase from 140 TPS to 5800 TPS ( Visa averages 1736 TPS). 5) DigiByte reward will stay on track for 21 Billion DGB in 21 Years. 6) MultiShield will be improved even more to allow for even greater security (90% of 1 of DGB's 5 mining algos, plus 51% of others will be required for an attack) making MultiShield even more secure. These changes will make DigiByte the most secure, fastest and largest transaction carrying-capacity, decentralized, POW cryptocurrency in existence. We have already been busy the past two months behind the scenes, researching, studying and analyzing if it would be possible to expand the DigiByte network to be able to handle the average daily volume Visa handles and make these changes. We are now confident it can be done. Please give us feedback & let us know how you can help us test these changes and prepare for the hard fork! We would love to work with others devs, including the Bitcoin core devs! DigiByte Core v3.0.3 Wallets & Source DigiByte Mobile Wallets DigiByte Info Kit Share This PDF With Everyone You Know Who Can Benefit From DigiByte Connect With DigiByte Keep Up With The Latest DigiByte News & Updates DigiByte Exchanges Where To Buy & Sell DigiBytes DigiByte block timing will increase from 30 seconds to 15 seconds. Don't you mean decrease? When do you expect it to be ready Jared? is that also mean mining rate will double up? |
|
|
|
|
total supply atm :247 million
premine: 170 million
......even it goes POS...i won`t touch it
|
|
|
|
|
any idea why hyper disabled in Bittrex?
|
|
|
|
POW is losing its credit day by day...including Bitcoin!
PoS is not good, no PoS coin doing well. Look at coins that switch to PoS there value is nothing except Peercoin as it was first, if digibyte switch to PoS value will plummet because then there is no point for people to buy coins as you earning for free. you don`t get any idea of what you're talking about..do you? btw..how do you earning for free if you don`t have a stakes of POS coin? You only need to be one time buyer for PoS coin, after that you stake and sell. i no mean unrespect...but i really can`t help myself with lolololololol after reading your comment...... Give one example of coin that switch to PoS that is success? i can but i won`t..do your own research |
|
|
|
POW is losing its credit day by day...including Bitcoin!
PoS is not good, no PoS coin doing well. Look at coins that switch to PoS there value is nothing except Peercoin as it was first, if digibyte switch to PoS value will plummet because then there is no point for people to buy coins as you earning for free. you don`t get any idea of what you're talking about..do you? btw..how do you earning for free if you don`t have a stakes of POS coin? You only need to be one time buyer for PoS coin, after that you stake and sell. i no mean unrespect...but i really can`t help myself with lolololololol after reading your comment...... |
|
|
|
POW is losing its credit day by day...including Bitcoin!
PoS is not good, no PoS coin doing well. Look at coins that switch to PoS there value is nothing except Peercoin as it was first, if digibyte switch to PoS value will plummet because then there is no point for people to buy coins as you earning for free. you don`t get any idea of what you're talking about..do you? btw..how do you earning for free if you don`t have a stakes of POS coin? |
|
|
|
|
POW is losing its credit day by day...including Bitcoin!
|
|
|
|
no buyers ...
will back to 20 statoshi?
might be worse....both buy orders in cryptsy and bittrex will be easily filled up by the instasell miners,i have sold out all my DGB at 34 sat which i bought at 42 sat to cut off the further loss.. good luck guys!see you next time...may be..whose know?lol |
|
|
|
switch it to the Expanol then switch it back to English and it will be okay |
|
|
|
unfortunalely i don`t have reddit acct...sorry  |
|
|
|
I think the QT wallet needs an automatic miner built into it... when you open the wallet it starts mining automatically. Use easy miner so some of this effort goes back to the dev pool to fund future work. This works hand in hand with the advertising... for every user that downloads and runs the wallet you have a less centralised mining monopoly. Put a slider in the wallet miner so users can change the amount of cpu/gpu dedicated to an algo. Default it at 20% so it doesn't smash their pc. Put a warning in the wallet to notify people this is happening... maybe a start stop miner button on the main area so its user friendly... don't call it a miner though.... call it Finding coins or something.... user friendly again.
this is what the POS's QT wallet doing...the automatic miner you describing here is pretty close to so call "minting",i felt there is a conflit when you said POS don`t work while you have a suggestion above that so close to POS. Imagine that if DGB only have 1% annualy interest with POS..do you think how many new coins that will increase after a year? the answer is less than 1% ..and if community or dev team feel 1% still a high inflation..how about 0.1%...0.001% ? And yes..the holders of a POS coin might sell his coin that get from minting...lets say every holders of the POS sell out his interest after a full year minting ,how many new coins will add to the circulation?--------> 1%! so..if DGB is such a good and advance coin that have a bright future..do you really affraid of there are no new investers/supporters get on board to consume these 1%? |
|
|
|
I still leave my original balance staking and never drop below those amounts.
yes..this is the most important part  |
|
|
|
WOW!Bravo..just in time:) somehow i felt Faircoin is the most suitable's coin for the Euros-base countries to try for their first use with crypto currency,it is far more easy to get involve in and less risky to hold than BTC. |
|
|
|
|
First fo all,i would like to thanks to those who speak out his opinion about the issue of "oversupply" ,it is a good sign that all of you diccussing it with highly rational and so far i don`t see anyone giving their point of view with the "no brain rage".
Unfortunalely,i still beleive that the undervalue of DGB is due to the oversupply base on the fact that DGB really having the high inflation in the future,just take a look with the simple math and some numbers below:
coins that have been mined atm : 4.4897 billion
coins that will be mined after a year : 6.7 million*365= 2445.5 million(2.4455 billion)
2.4455/4.4897 *100%=54.47% inflation
that is true that not all the miners are the instamine sellers..however..due to the high inflation of DGB,as long as there is a better price for the better profits,there will be more miners take the chance to sell instead of holding because they know they will never lack of coins if they keep mining on it..unless there is a miracle like investers/users/supporters/holders dramaticaly increase or there will be no clue of how to walk through the wall of undervalue.
|
|
|
|
|
Show Posts
