And therefore, reduced the supply and the problem is solved. People buy only ~500k DGBs per day. If enough people know DGB, the supply can be raised again.
Do not set yourselves under pressure by the large supply.
The life cycle is not a straight line or curve, you must regulate the market. On the other side are people and not machines. people needs a leader or rules. the coin-"evolution" this is not static process or algorithm. The largest part of the crypto-currencies is chaos, adjustments and rules are not bad!
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Take your 250k money in the hands and place ads for DGB in Greece. That would make at least some sense. "Send your money in DGB without any restriction"
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Jared is one of the best dev in the world! best community, best guys, best currency, best dev, best team, best price... Who finds the mistake? Only the market regulates who is the best, and everybody knows the situation. DGB is on place 61 http://coinmarketcap.com/currencies/views/all/ this is not the "best" and if it continues like atm the market cap goes down to 250k, this is very bad. but people still share "+1" again and again, this is a little bit crazy. please, a little bit more realism ... As a result, the node map on DigiStats indicates that there are 14 active nodes. But, it's not accurate. It's not fully implemented. There are way more than 14 active nodes. It's hard to say exactly how many nodes there are right now ... but the number was right around 3000, or slightly higher. screenshot, tcp-connection-list, ip-list ... something which confirms this.
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for each page on this thread only one sat in the price, that would be enough... but i see only a lot of words ... comparison with dollar ... comparison with visa ... hmm ... these are very ambitious goals!
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is http://digistats.info a fake or demo or why the most values are fixed/static? 85874 Transaction in over one year? And now they working on digispeed to increase up to 140000 transaction per second? For what? It will have good marketing value and create a needed pump in the market to bring more attention to the coin. And for what, there are applications for it? Only a number is not a marketing coup.
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is http://digistats.info a fake or demo or why the most values are fixed/static? 85874 Transaction in over one year? And now they working on digispeed to increase up to 140000 transaction per second? For what?
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I hear again and again this argument "But, the other coins ..." DGB is not the USD and is not the BTC. DGB is (only) DGB and stand in competition with all other coins.
500sat 1000sat, is an illusion atm. maybe in 4 years... why should the users invest her money now and not only in 3 years? no buy-argument available. only the longterm hope. Therefore, we have the situation.
in 4-5 years, cryptocurrencies will be a hard bussines, it will not be easier.
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You only need to be one time buyer for PoS coin, after that you stake and sell.
And what do new (PoS)members? That's right, they buy Coins.
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I want to have mined 500 million coins in 3 years and I promise I won't sell any until price is right, so that is 500 million coins that will never see the exchange until the coin at 200 value.
next unrealistic goals, it's no wonder, that we have such situation atm with such goals. The question at hand is: how do we get more people buying?
with services and products where the people pay for these, if these are not available , the supply must be reduced. productcreation and services needs a lot of time. or you create a sense to keep the coins. a other way, increase massiv the fees as a shrink, but only 85k transaction, this would be not a big shrink-option.
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comparison with the USD? DGB is not alone in the crypto-world! to excessive goals for this little coin. how many unique people are in the dgb-network? 100 or 1000 thats to low for this massiv supply. the network has only 14 nodes? my wallet connected after 4 days only to 30 Peers, this is to low! in other networks I have 80 Peers and more. reduce the supply in this situation, DGB needs time and not coins. a low supply produce these required time. in 2-3 years we can increase again. my opinion.
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... There are many of POS coins that have a 5% monthly stake reward (some higher, some a bit lower). A 5% monthly stake equals a 79.59% annual interest rate. But these coins are "frozen" over one year/month for the 5% stake reward. you can't trade/sell these coins in this time.
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I buy currently not more DGB. If the price go under 30 I sell my coins, because then we go back to 12-18sat.
Nobody needs 7Mio coins per day, we are not Google or PayPal or Apple, this is a little altcoin in a field with many other coins. If the price is supposed to be stable, we need at least 200000,- invests in the coin.
therefore, increase the supply-timespan.
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Create Digibyte over 140 years instead over 21 years or replace one algo(qubit,groestl or skein[we don't need 3 cpu/gpu-algos]) with a PoS algo, it is so simple.
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Now I am convinced that DGB is no way a PnD coin, because in this pump day of all coin (nearly all coins are being pumped now), DGB stays still LoL ...
DGB's alltime-chart is great, DGB is a perfect currency. no worthless over the time and no big fluctuations in the last time.
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Who makes no loss with mining? And if yes, how many hash/watt do you have? My value is 23.125Hash/Watt and I make loss. •Difficulty retarget over 10 blocks (Max 8% Up, 16% Down) is this property still active? For weeks we have larger fluctuations than 8% over 10 Blocks. Up to 125% and more. (example: yacminer 550diff -> 1300diff in 10 blocks)
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@hieu1010 Hashrate is calculated on the basis of how many blocks are solved per time, so basically you are calculating air. @MemberCount+1 Hashrate is not the problem! I am around 140kH/s and yesterday when I was in the pool everything was OK, but as soon as hieu1010 came back luck dropped 20%. hieu1010 is not a noob, so I guess he knows what he is doing, and he might doing it on purpose to get more reward, IDK what, why and how but he is messing up the pool. It might be a coincidence but I notice that almost all the blocks that he solves are " GREEN", and leaves the " RED" once for us. If you want to proove me wrong, switch to http://utc.tumblingblock.com for a few hours and lets see what happens?!! i agree with you. @hieu1010 can you split your mining-farm into 2 pool-accounts? (~70kHashes) I think "Stalin" with his hashpower is for the pool no problem. By the way.... How many cards do you have?
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I review my founded blocks for this pool with the result that all "my" blocks in the last days assign to user hieu1010. At least this should be controlled. (display errors etc?) I mine scrypt-chacha/jane arround 2 years, I'm not a newbee. An idea of my side, a restriction of Hashpower per mineraccount (not worker). 140KHash is enough for utc-solomining. many greetings from saxony hmm, Supplement ... over 10min without a block ... whats going on? ... ah ok next block ... *uff*
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dgb is a good coin. which coin has a bigger worth as last year at the same time /march? dgb is higher and has much more potential.
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Is this coin heading to 1 sat price?
Where those dumped coins comes from? Mined coins?
Too many traders too few users. No more, no less you're looking for Profit? then the chart must be volatile, the more the merrier. endless growth? ... that would a cancer ... Is the worth too low for you then do something for DGB and buy not only the coin
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