how is there a pump starting?  wheres it coming from?  all their sites and social media are dead as hell.

oh also, if 25% of digibytegaming.com's ad revenue goes to new mining rigs, then another 25% could go to subsidizing tournaments.  the rest would cover the cost of the site, but with sponsoring tournaments you could contribute to certain games maintaining a vibrant community for years longer than otherwise.  this would put the video game corporations involved themselves in debt to digibyte.  if digibyte gained enough leverage they could ask blizzard and riot games to accept digibyte for their games.  

the potential for this is very very large so i believe they will turn digibytegaming.com back on so as to take advantage of this.  

i don't think it's a permanent pause but id like to know this as well.  in fact i really like this development and think it can go far. 

i had my own novel idea that idk is actually any good.  it'd be something like where they say 25% off ad revenue gained from digibyte gaming goes into mining equipment that is devoted to handing over what it makes, after electricity, to the pay outs on digibyte gaming.  if they were to have commercials on digibyte gaming whenever we clicked "claim pay out," this could work really really well.  The best players would be able to use this to subsidize whatever short comings a youtube channel or twitch stream would have for them in the beginning.  it could pave the way though for many more to give youtube and twitch a chance.  if it resulted in thousands of more professional players, youtube creators, independent entreprenuers, then that'd be great.  the thing is id like to share this idea with digibyte, but it'd be premature not knowing how their own plans, or maybe not as i think it's so good that it'd be stupid not to do. 

don't waste your time with a skype group.  just wait until you can get a slack room going.  the format is really good for crypto. 

I can not withdraw or trade my coins stuck in the reserved part of the wallet page.  This happened after it said an order failed to cancel.  At first i thought they completely dissappeared and then found them under the reserved label on the wallet page.  I sent support an email but im hoping someone could help me out quicker on here.

influx coin moved 20% easily with my several hundred bucks.   as soon as we get some real updates, a website, a slack invitation, an upgraded wallet etc, this will go up several times easily.   I plan on putting a couple thousand more in it real soon.  we are already on a large trading exchange after all. 

this is like people saying gold could not be money again because there's not enough per person.  it's a matter of price.  the price only has to go up for you to not need as many ounces or in this case coins of golem to be able to pull off more and more transactions.  i wrote about this above in fact.  this is why the market cap of golem, if people choose to use it for buying computing power, will have to go up into the billions.  whatever the size of the markets is it takes over it has to be many multiples of that.  for instance if the market for computing wind directions is globally a $1 bil (let's just pretend as idk what it is) and golem absorbs a quarter of that market by moving around $250 mil per year then the market cap of golem has to be many times that $250 million dollar amount to ensure that there are enough coins to move around.  at a fixed coin supply there is no other option.  of course that is not the only market golem can take a bite out of.  i estimate that within a few decades golem could take on dozens of markets if not hundreds and be moving around billions per year in which case the market cap of golem would need to be at least tens of billions, maybe hundreds of billions. 

this is not to say golem is guaranteed to be the currency used here.  if the devs do not discover a way to ensure that from the moment someone buys golems to the moment they pay for their computing power the price stays the same for the project then if someone buys golem only to see the price go down before they pay for their project the whole thing could collapse.  i have not seen a serious enough look into this.  on the golem blog the devs mentioning a sort of coffee backed standard which is to me a joke. 

anything youd like me to clarify?

i used to think that the market cap for this would not likely grow into the billions. however since there are only so many coins that we will ever see (and we've hit that number) then we have to realize that in order for payments to be made possible in this currency that is exactly what has to happen. how many coins currently would you need to be able to pay for a 100k $s worth of computing power? Over 500k coins out of a billion at the current price as I post this. They may not be able to buy that many very quickly at times where as tens of trillions of dollars exist. Of course as they bought hundreds of thousands of coins the price would go up, but you get the idea of what I am saying.
One thing that could happen in the beginning of this is that as people bought many coins to use for the golem program they would grow distracted from their projects and become traders, at least temporarily. This is why I am worried that someone will copy this idea but accept cash. Is there a reason this will not happen? They would be able to start more quickly and here is why.
If one golem coin we valued at $10 then you would still need a 1000 coins to pay for a million dollars worth of computing power, but what if in between your buying the coins and your looking to pay for your project the price drops? This is inevitable is it not? How many times must someone complain about this before some of its users complain about it and scare everyone off? Am I crazy to think all of this or is everyone else really really stupid.
Some will say the price could go up but what if they wanted to something done now and the price went down ten percent a minute later?
So on the one hand as my title implied this coin could gain a great deal of value, but I worry that these problems could prevent the whole thing from gaining traction after a certain point.
I do however have a solution.
If someone can guarantee that their computing power would be priced in golem as opposed to dollars then this would bypass all of this. For instance, I don't say I am willing to sell computing power for $5 worth of golem. I say I am willing to sell computing power for 5 golem.
Has anyone figured this out yet? Please tell me it is so.
A lot of bitcoin fans believe that because you can buy something in bitcoin that the products are priced in bitcoin, but the retailers that take it turn it into dollars as quickly as possible. They only take dollars worth of bitcoin.
Golem devs can not fall into this trap or someone will steal their technology and simply accept dollars for it. If it gets investment then it will bypass this attempt at it and Golem will be totally forgotten. I am willing to follow the hype for now but someone tell me the devs understand this, which is the single most important issue, for golem?