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1  Bitcoin / Bitcoin Discussion / Re: Something big for Bitcoin coming April 15th on: April 15, 2015, 11:54:07 AM
Wow, don't you know the power of the FOMO?
You want to stir up the masses to buy or sell en masse then profit!   Smiley
2  Alternate cryptocurrencies / Announcements (Altcoins) / Re: ★★DigiByte|极特币★★[DGB]✔ $250k Investment, EasyMiner, iOS Wallet, MultiSig, TipBot on: February 16, 2015, 05:11:01 PM

 And who, by the way, is this kid Jared Tate, I mean what are his qualifications? I understand that for a kid his age attending a session of CNBC at the Nasdaq is a big event but, really.

https://www.linkedin.com/pub/jared-tate/90/9aa/257
BitcoinTate-Well respected KID in the bitcoin world.
https://bitcointalk.org/index.php?action=profile;u=83404

And who are you?Would you mind to tell everybody on the internet your name and everything you can find with that?
As Jared told before,The team is not ready to fully give the information YOU want because there are everyday hack and phising attempts to the personall account of Jared and to the Digibyte network,Website etc. etc.


And just a thing i want to say,Offcourse a discussion and questions are good and healty but does is need so much negative thoughts in it?


Well I'll tell you, I would absolutely LOVE to find ANY positive in this thing. I haven't succeeded at it at all, hard as I have tried.

Now, regarding who am I, IF I were someone who would come here to offer a project or expect to get your or anyone's sponsorship for my project, I would consider a condition to not only reveal who I am but offer every other assurance of transparency and accountability possible, the more the better. Kind of the cleanest restaurant possible if someone would want to enter the restaurant business? You don't need to know the identity of your customers, unless required by law... as long as they PAY for whatever you sell, right? As it stands, I am not a developer and I dont need, seek, or want anyone's sponsorship... just the opposite of the dev "teams" all around in crypto.

But to put an even closer example that I am sure you would understand clearly, all these projects are quite similar to any other enterprise that, ONLY AFTER VERY MEETING VERY CONSIDERABLE BARRIERS OF IDENTITY AND TRANSPARENCY, among others, is offered in any international stock exchange. By LAW, they are required not just to meet those requirements but also to offer clear accountability for their expenses every 3 months. Publicly. And audited.

But those, you will be right to say, are SERIOUS business while these alas...

Do you have a DGB address? I would like to tip you for the most sincere display of trollery I've seen in a good while.

Of all the coins to be picking on, man. Seriously. Let me do you a favor and send you some DGB to hold on to long term.

If you don't mind much, I would pass on your otherwise wonderful display of generosity... unless we are talking some serious figure, of course, which I sincerely doubt. I know I am probably saying no to future millions of BTC but, like I said, I am strange that way (to better effect, read this loudly and trying to imitate Chris Walken).

Man, you are a good group!
No matter how rude someone is you try to help anyway.
Judging by some other posts this person made, there's an ulterior motive.
3  Alternate cryptocurrencies / Announcements (Altcoins) / Re: ★★DigiByte|极特币★★[DGB]✔ $250k Investment, EasyMiner, iOS Wallet, MultiSig, TipBot on: February 12, 2015, 01:25:29 AM
how much value can one dgb have when we have 3,474,725,802 DGB atm?? I am always a bit stumped for an answer.

There is so much volume an not a "real" use atm. We can't buy a lot with DGB. The price comes from the great development of the DGB team. And that is always a little problem I think.

If we see a 500 Sat price we would have a 4 m marketcap.

and there is only bytecoin with that supply, bitshares and stellar.

Okay, I see it is possible Cheesy never mind! Will buy some more Wink

Your question has - I think - both important and complex answers.  In his Treatise on Money, Schumpteter describes a hypothetical example of a person considering the value of a car.  He writes:

"in practical terms [the point] is to clarify to himself the possible changes in car prices ... but if we look more closely, we see that determining that a car of a certain kind is worth [a certain amount] to an individual at a specific time, has much broader and deeper meaning ... it has as little to do with possible prices as with the actual prevailing price.  It means nothing more than the attempt of the individual to clarify his estimate of the use value of an automobile ... to quantify that use value."

I might suggest that your question, like many of the other posts about possible price changes, are efforts to quantify the possible changes in exchange value.  But, importantly, they are also attempts to estimate the use value of the development and management of DGB.  Clearly, the professional management and development of DGB drives investment (both in terms of community engagement and money).  We've seen evidence of that effect over the past 2 months, and I believe we'll continue to see more investment and involvement in the future.  There are many coins with higher market caps that aren't even close to the level of professional development, funding, or community involvement that DGB has; they have higher market caps simply because they've been around longer.  We are, however, now making analytical judgements about what investors describe as "differential quality" and that requires more qualitative than quantitative analysis.  In my analysis, the numbers look really good for DGB.  Simultaneously increasing average volumes and prices.  A strong volume to capitalization ratio (DOGE's average over the past month is around 0.3% ... Ripple and BTC are around 0.1% ... DGB is close to 2%).  DGB also has a tremendous savings premium over the past 3 month and 6 month time frames.  All these quantitative analyses point in the right direction.  When you additionally analyze the differential quality of the management: they actively work toward, and invest in, and fund, and directly manage the development  I think it puts DGB in a fantastic position for future growth - both growth in use and value.  But, your sort of question is super important.  It's a question that needs to be asked.  And, it needs to be asked again and again to understand, and create, and develop the value over time.

Very nice analysis, I appreciated that. I hadn't considered their volume to cap ratio so thank you for that. Crypto to me is still extremely speculative and I do appreciate the community support DGB enjoys as well as the management involvement. It made me as comfortable as I could be with the legitimate effort being made here. This sector is full of IT folks with impressive skills, idealists, and more than our share of charlatans so it took me some time to jump in.
I can say I've never had another company/investment with an owner like Jared contact me personally over a somewhat trivial support issue. He took the time to reply to me twice. Just goes to show that this team is committed from the top down.
I've only gained more respect for them.
Totally agreed and you are more then welcome!

Thanks to both of you.  I also agree that most all investment in digital currency is speculative - at least presently.  A couple of days ago I read an article in Forbes (I think it was Forbes) about the current market speculation in Russian equities.  The article said something like: current investment in Russian equities are being driven by momentum trading because the economic fundamentals are unknown.  I thought that it has broad similarity to current investment in digital currency ... it seems to me like most traders adopt strategies of either momentum traders or news traders.  But I think we'll start to see more contrarian and value trading strategies in the coming years and months.   One of the main reasons that I strongly support DGB is because I think it will stand up to a more professional analysis of value over time.

Personally, I find it really difficult to assess value and analyze digital currencies because they behave like stocks, commodities, and currencies - all at the same time.  Over the past few months I've been working (very slowly) on analyzing different kinds of evaluative strategies to see which work best.  None are perfect yet ... and, mostly, I just do it for fun in my spare time ... but, I'd love to hear any ideas you have.

I'm really invested in DGB rather than seeing it as a trade.
...they behave like stocks, commodities, and currencies. Man, did you nail that one. You sound professionally experienced to me so I'm not sure I have much to share.
I did dabble in commodities back in the early to mid 90s and up to the housing bubble crash around 2008 stock options. Some fairly leveraged items to be sure. I learned to be careful with my stop orders and hedges. Pretty dangerous at times I'll admit.
I haven't figured this out yet since the current lack of a USD/DGB exchange seems to create a somewhat leveraged and forex feeling position at the same time. DGB and a couple other cryptos (prices) quite often move independently of BTC. You could have a positive move in DGB with a lower BTC price cancelling out your gains once you get back to USD - better for us if both move together on long positions. Feels like trading on a slinky.

Again, I'm invested in DGB, but in trading other cryptos I think it might be worth taking advantage of the forex-like exchanges. Even bouncing between the various exchange sites taking advantage of the price differentials - provided I don't get eaten alive by the fees. Most of them aren't serious in my opinion, but as long as there are folks buying into some of them there's a profit to be made.
4  Alternate cryptocurrencies / Announcements (Altcoins) / Re: ★★DigiByte|极特币★★[DGB]✔ $250k Investment, EasyMiner, iOS Wallet, MultiSig, TipBot on: February 11, 2015, 10:08:20 PM
how much value can one dgb have when we have 3,474,725,802 DGB atm?? I am always a bit stumped for an answer.

There is so much volume an not a "real" use atm. We can't buy a lot with DGB. The price comes from the great development of the DGB team. And that is always a little problem I think.

If we see a 500 Sat price we would have a 4 m marketcap.

and there is only bytecoin with that supply, bitshares and stellar.

Okay, I see it is possible Cheesy never mind! Will buy some more Wink

Your question has - I think - both important and complex answers.  In his Treatise on Money, Schumpteter describes a hypothetical example of a person considering the value of a car.  He writes:

"in practical terms [the point] is to clarify to himself the possible changes in car prices ... but if we look more closely, we see that determining that a car of a certain kind is worth [a certain amount] to an individual at a specific time, has much broader and deeper meaning ... it has as little to do with possible prices as with the actual prevailing price.  It means nothing more than the attempt of the individual to clarify his estimate of the use value of an automobile ... to quantify that use value."

I might suggest that your question, like many of the other posts about possible price changes, are efforts to quantify the possible changes in exchange value.  But, importantly, they are also attempts to estimate the use value of the development and management of DGB.  Clearly, the professional management and development of DGB drives investment (both in terms of community engagement and money).  We've seen evidence of that effect over the past 2 months, and I believe we'll continue to see more investment and involvement in the future.  There are many coins with higher market caps that aren't even close to the level of professional development, funding, or community involvement that DGB has; they have higher market caps simply because they've been around longer.  We are, however, now making analytical judgements about what investors describe as "differential quality" and that requires more qualitative than quantitative analysis.  In my analysis, the numbers look really good for DGB.  Simultaneously increasing average volumes and prices.  A strong volume to capitalization ratio (DOGE's average over the past month is around 0.3% ... Ripple and BTC are around 0.1% ... DGB is close to 2%).  DGB also has a tremendous savings premium over the past 3 month and 6 month time frames.  All these quantitative analyses point in the right direction.  When you additionally analyze the differential quality of the management: they actively work toward, and invest in, and fund, and directly manage the development  I think it puts DGB in a fantastic position for future growth - both growth in use and value.  But, your sort of question is super important.  It's a question that needs to be asked.  And, it needs to be asked again and again to understand, and create, and develop the value over time.

Very nice analysis, I appreciated that. I hadn't considered their volume to cap ratio so thank you for that. Crypto to me is still extremely speculative and I do appreciate the community support DGB enjoys as well as the management involvement. It made me as comfortable as I could be with the legitimate effort being made here. This sector is full of IT folks with impressive skills, idealists, and more than our share of charlatans so it took me some time to jump in.
I can say I've never had another company/investment with an owner like Jared contact me personally over a somewhat trivial support issue. He took the time to reply to me twice. Just goes to show that this team is committed from the top down.
I've only gained more respect for them.
5  Alternate cryptocurrencies / Announcements (Altcoins) / Re: ★★DigiByte|极特币★★[DGB]✔ $250k Investment, EasyMiner, iOS Wallet, MultiSig, TipBot on: February 07, 2015, 05:56:34 PM
This is my story
I sold 6 millions att 20
and bought three million att 90 yesterday
heh heh lol

I feel your pain. I've had that unfortunate experience in years past  Angry
6  Alternate cryptocurrencies / Announcements (Altcoins) / Re: 极特币★★[DGB]✔ $250k Investment, EasyMiner, iOS Wallet, MultiSig, TipBot on: February 06, 2015, 05:54:35 PM
lol and so far the dump, nobody wants to sell,  It's like holding crystals,, reaaallly small crystals

yes diamond bits

lol, good analogy.
It took me a few hours when I started researching crypto to figure out what the heck a satoshi was.
Cripes...it was small.
7  Alternate cryptocurrencies / Announcements (Altcoins) / Re: ★★DigiByte|极特币★★[DGB]✔ $250k Investment, EasyMiner, iOS Wallet, MultiSig, TipBot on: February 06, 2015, 12:39:26 PM
Hello All,
I hope this is an appropriate question since I'm mining only DigiByte right now using the noob software.
I'm hooking up a single antminer s5.
Should I go with Digihash or Blocks Factory? (narrowed to these based on google results & opinions)
I'm totally new at mining so please forgive my ignorance if I shouldn't be asking this here.

Thanks so much

Hmmm... if you want to support Digibyte development, I strongly suggest you to use Digihash. There is an automatic 3% fees (from my memory) which will help Digibyte to go further and faster in their development.

With Blocks factory, you will be at 1.5% fees, which is half less.

Now, you have all you need to make your choice : more profits for your own or more help to the dev team :p
Just think who does more for the currency..

Thanks so much for the kind responses Lite and Moxy. I'll learn these things as I continue.
I'm completely new to the crypto markets so I'm trying to make sense of the indicators / technical vs. fundamental analysis.
I was drawn to the DigiByte community as an outsider with no bias. I'm too new to have a bias.
I see DGB as a real business minded effort to make an impact in this space with good developers making solid progress.
I'm a new believer and have already been buying!
Thanks Again.
8  Alternate cryptocurrencies / Announcements (Altcoins) / Re: ★★DigiByte|极特币★★[DGB]✔ $250k Investment, EasyMiner, iOS Wallet, MultiSig, TipBot on: February 06, 2015, 02:02:28 AM
Hello All,
I hope this is an appropriate question since I'm mining only DigiByte right now using the noob software.
I'm hooking up a single antminer s5.
Should I go with Digihash or Blocks Factory? (narrowed to these based on google results & opinions)
I'm totally new at mining so please forgive my ignorance if I shouldn't be asking this here.

Thanks so much
9  Alternate cryptocurrencies / Altcoin Discussion / Re: Which cryptocurrency history book would you like to see? on: February 06, 2015, 01:37:51 AM
DigiByte
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