It is kind of hard to calculate if excuses are justifiable without a bigger picture of their situation. I follow some very good altcoins that have delayed their roadmaps because of the pandemic. Even if they are still working on the altcoins, when conditions change unexpectedly you may have to change and delay things. Even with Zoom, development is harder than having a team in a physical office where they work, discuss etc.

I would rather say "Newbies are safer with Bitcoin and a lot of research". It is not about an altcoin's rank as much as it is about the rush most Newbies have when it comes to bounties and purchasing every crapcoin possible and hoping for their little investment to turn into a fortune.

Ethereum is the second ranked cryptocurrency. Today, it still is seven times lower than its All-Time High. Compare that loss to Bitcoin's, which is still only half from $20,000. Perhaps it is better to put your eggs in multiple baskets, but with very volatile cryptocurrencies it could be an even worse idea.

I am unsure if PayPal is treated as a bank too, but there are ways you can do transfers with it without fees and instantly. It is pretty common for banks to allow free and instant transfers under specific conditions too, such as the destination account being registered at the same bank.

If by exchange rate savings you mean the rates you get when exchanging fiat to fiat through a bank versus when you buy or sell cryptocurrencies, it is a hit or miss. In order to get a good rate for cryptocurrencies, you generally have to use centralized platforms so this sends us back to what I said in my last reply: Bitcoin is incomparable to centralized ways we currently have.

Peer to peer options exist, but it looks like the market still does not meet enough demand for decentralized options to be viable.


Then I am interested to see what happens to cryptocurrencies when national currencies on blockchain technology that allow free and instant transfers start arriving on the markets.

This thread makes me wonder if in a matter of 10 years we will look at today's faucets the same way we look today at those we used many years ago.

Daily faucet claim was treated as a complete waste of time years ago and still is treated as one today. But take a look back at the amounts we had the chance to claim in the past and there absolutely is a difference. Might seem like a waste of time now, but if Bitcoin continues to keep up with the growth it usually has after a halving, it's going to be worth it.

My bank allows me to transfer to other accounts instantly with zero fees. Many other banks offer you similar features.

Bitcoin is incomparable to centralized ways we currently have and one can assume that any new national digital currency will take Bitcoin over when it comes to aspects centralization can improve.

Might not be the wisest idea to keep promoting Bitcoin for fees and speed when national digital currencies show up in the market. Would be a little dead end for Bitcoin at the time and fewer people truly care about decentralized aspects of some cryptocurrencies than many think.

Hey there, everyone!!

As the DigiByte Marketing Funding has been officially announced, I made these simple designs, maybe someone wants to use/post them somewhere around! Any opinion is appreciated

https://imgur.com/qFuedBG

https://imgur.com/uuQJ50z

https://imgur.com/21W4GbH

https://imgur.com/rucyqqC

https://imgur.com/e88yYZG

Thank you. And thank you for asking the community for their opinion.

What I'd be careful with is the people here posting either to earn some $$ from SigCampaigns or people "supporting" projects such as ICOs just because they know short term investment in them = profit.

I support currencies that are minable and decentralized, such as Bitcoin, Litecoin, DigiByte. True investors don't care about price: I don't. Unfortunately, a large part of the crypto community is here just for money. And that's why only the legit projects will thrive when all the other coins will shatter (I'm talking about premined and/or centralized coins). Now it depends on you whether you're looking for a large number of people that would insult you and your project as soon as "the price doesn't move" or a smaller, but loyal number of people that will keep up with everything that is part of your project.

Best of luck with your project! I will save your profile for later, I'm curious to see what ideas you're going to come up with!

Finally! After all the work done by the team, I think DigiByte deserves some attention.. Marketing wasn't the most important part, but is going to help the growth for sure. I hope this will be a good move and I really hope the PR Firm will do the job correctly. Thank you, ycagel and Josiah for doing this for DGB.

Why not let the community mine the cryptocurrency? I think it's better than having airdrops or ICOs.

Airdrop = money out of nowhere. How fair is that compared to the coins available for mining? After all, I think "cryptocurrency" is what Satoshi said Bitcoin should be. Out of his own description, I think the most important things are anonymity, decentralization and fairness. Decentralized =/= printing paper money or selling tokens through ICOs. With Bitcoin and the mineable altcoins, you can solo mine and stay anonymous in the network. Also, when using cryptocurrencies like Ripple, you're not anonymous at all. They do have evidence, they do have a database. Airdropping a cryptocurrency may be good for the short term thinkers, but not for the long term ones.

Once again, like I said in an earlier post in this thread, this is just my opinion.


Have you heard of Bitcoin?

If a genius mind invented such a game-changing technology, it doesn't mean it was part of the CIA or any other government entity.

Bitcoin was probably just an experiment, Satoshi probably never thought it'll get this far and maybe it was not even what he wanted. If BTC would've NOT been an experiment but a cryptocurrency meant for the everyday use, I think he would have written a completely different code. On the other hand, even genius minds sometimes make mistakes. Genius doesn't mean 100% perfect. Look what Satoshi said in early 2009 regarding the scaling of Bitcoin (source https://pastebin.com/Na5FwkQ4):


My question to everyone saying it was not just an experiment is: if that's true, why did he ask coders for help? I understand BTC is open-source and all that stuff, but if he would've considered it perfect, there would've been no need for help from his side.

However, this is only a kind of speculative thing. Unless he comes back and answers every single question, we will only predict the answers but nobody will ever know which one is true and which isn't. But I do not think he'll ever come back again. He left us alone with a reason. Remember what he said regarding WikiLeaks (source https://bitcointalk.org/index.php?topic=2216.msg29280#msg29280):


He was afraid of something, or hiding from somebody. I wouldn't deny the fact that he is most likely still around here on our forums, maybe even reading this thread though.

Hey, so this is purely my own opinion, everyone else please don't get mad about it (a lot of people around here are investing in ICOs these days)!

So.. to answer your question shortly, yes. It's very normal, and in my opinion, it is the best thing you can do. Why?

I have all respect for LEGIT and LEGAL ICOs, but it honestly sounds like the second version of Pre-Mined cryptocurrencies. I do not even consider ICOs cryptocurrencies, because... well, most of them are non-minable, and as soon as one entity sells something to you, to me it looks like a bank money printing operation. I am not very sure how long these ICOs will remain around, considering the fact that many of them are illegally earning a LOT of money.

Pre-mined coins were currencies released with a .. say 50% total supply already mined by the developer before releasing it to the public. They were usually hiding this so that we could buy their coin, get the price up and then they would earn a fortune off it. This worked until people found out how they scammed us, but now we have ICOs. ICOs are pre-mined tokens that are then sold to the public. It's basically the pre-mine scam disguised.

Why would ICOs NOT survive? First of all, ask yourself how will we ever get to use SO MANY cryptocurrencies. We have tokens for restaurants, tokens for logistics, tokens for shopping, tokens for exchanges, tokens for... BANANAS (I'm not sure if that one was real or just a troll, but still), can you imagine a scenario in which you'd have to pay 1FOOD (FoodCoin) to buy a burger, one hour later a package will arrive and you'd have to pay 1UPS (UPSCoin) and so on? I can't. Only one currency will be used the most, like Bitcoin was until a few years ago. Then we have the illegal fundings, devs earn millions overnight. I can create my own ICO and sell it, take the money and go away.

I would advise you to let it free to the public. To let the people using your coin mine it, and do whatever they want. Don't follow this nonsense stuff. Again, just my personal opinion.