We have also received many messages from merchants thinking of using DigiByte as payment system because it makes sense to them once it hits an exchange. They avoid bank fees, there is enough coins to make the price around $1-$10's and they love the name.
You think you're going to have a marketcap 1x-10x larger than bitcoins? Yeah good luck, and we both know when this hits an exchange it's going to get dumped to shit. Smart thinking with that double block reward and pre-mine distribution. :^)
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It is sad to see so many attacks on DigiByte mining pools and if we could put a stop to it we would. On the flip side it means people see a lot of potential in DGB if they are going to go through all the trouble to launch an attack.
Please make sure to use a different password on each pool! Also encrypt and back up your wallets!
Maybe they're just trying to hack your pump n' dump coin so they can dump more themselves :^)
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Nice pre-mine
I'll be sure not to mine
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Here is proof we have given away over 37 million of the pre-mine and plan on giving more over the next couple days! Excel log download of over 1200 Transactions Exported from DigiByte -qt:http://www.digibyte.co/sites/digibyte.co/files/crypto/1_14_2014_DigiByte_Giveaways.csvHere are some facts to those still doubting a 0.5% (which is almost down to a (.25%) Pre-mine:1) Giveaways create wallet downloads: DGB is now in over 1000 - 2000 wallets in just over two days of launch. (10,000 hits on the website) 2) The pre-mine has allowed us to bring on other developers as we can give them incentive to work on the project. 3) It is more fair. There are many talented people within the community that do not have a huge mining farm in their garage. By giving coins to them you are bringing someone on board that would never have the ability to mine many coins otherwise. 4) Launching a successful coin is expensive. Before launch we had sunk several hundred dollars into the coin. This does not include the thousands of dollars in time we have spent in this past month that we could of been working on something else, spending time with our families etc. 5) We as developers have incentive to stick around and work on this coin and not go create another one like so many other devs have done. Like stated before this is our first and only coin we plan on working on. We all have full time jobs as well. Since this launched it has become an around the clock project. Current Giveaway Account Balance: ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FUVrCMLI.png&t=664&c=9hwvSOr2EVBNLw) "Let's print free money and give it to everyone!" >What is inflation >What is pump n' dump "We as developers have incentive to stick around and work on this coin and not go create another one like so many other devs have done" Right, right, right
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alright guys block reward at 8000 coins, i see the hashrate droped from 0.5 GHS to 0.37 GHS wich means the coin still has increased his value since you hash more to receive less (half cut) the difficulty droped a little but more than before. Means we receive less coin with the same hash power...
My $0.02
Great point! It's a shame you guys pre-mined, alas, not like you guys have anything new. Edit: Message me when you guys hit an exchange so I can dump
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Keep the interest in mining, or else the coin loses value, difficulty it's what maintain the value growing... not a hype! so if you have some interest and received coins in those giveaways keep mining!!! value comes later! hash power must maintain and grow!
Pre-mine /thread
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The german translation is only gibberish. Allmost wet my pants reading it. Funniest shit I've came across on the internet. So much for professional XD. Also premined, instamined, block halving after 2 years....you name it. Someone is pushing for the quick buck here.
What's wrong with 2 years block halving? The issue is the double block reward first 3 days
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Are you guys seriously mining a pre-mine coin that gives double rewards first 3 days? Do you understand how disproportional the wealth is? This is literally a pump n dump and I hope you guys realize and take advantage of the small money you can earn before the developers crash the coin with their dump.
Missed launch? Wait for giveaway, devs spending lots of premined coins for people like you. PS: If you really don't believe in it, please send me all your coins. Seriously. Oh, so the devs are distributing coins. Oh yeah that's totally not for us to get hyped and trade like crazy to pump up the price! Yeah they won't dump! :^) This is one of the few coins where the small time miners actually have some coins at the beginning and not only the guys with ultra megahashing rigs. Also: hi /fit/ I'm just saying the pre-mined, lack of anything new, and the retarded block reward system really make this coin something I will dump as soon as it hits an exchange
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Due to the enticing nature and hype around Credits, several individuals have attempted to create knockoffs. http://cryptocredits.org/index.htmlThis is the official website(About 99% Finalized). We will optimistically be launching in 1-2 weeks with a unique block reward system that prevents Pump N' Dumps as well as very early adopter dominance. Be prepared for a custom wallet, official marketplace, stable pools, gambling sites, competitions, and no pre-mine on launch.
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Are you guys seriously mining a pre-mine coin that gives double rewards first 3 days? Do you understand how disproportional the wealth is? This is literally a pump n dump and I hope you guys realize and take advantage of the small money you can earn before the developers crash the coin with their dump.
Missed launch? Wait for giveaway, devs spending lots of premined coins for people like you. PS: If you really don't believe in it, please send me all your coins. Seriously. Oh, so the devs are distributing coins. Oh yeah that's totally not for us to get hyped and trade like crazy to pump up the price! Yeah they won't dump! :^)
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Are you guys seriously mining a pre-mine coin that gives double rewards first 3 days? Do you understand how disproportional the wealth is? This is literally a pump n dump and I hope you guys realize and take advantage of the small money you can earn before the developers crash the coin with their dump.
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With it hitting overstock. Then Newegg. And even Zynga. and potentially more places. I can definitely see it rising. to something like 2-5k by the end of this year. but one can only hope. we'll see.
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Are you by any chance in middle school?
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Your GPU should come with OC capable software, just right click your desktop.
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Yes unless you get a sick GPU rig and mine on multipools to convert to BTC. Still not worth, good hobby though, I suppose.
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