[DGCS] Digital Credits : PoW/PoS/PoB : 4 pools : C-CEX/YoBit/BTCPool

[intristin]

The burn is now live, I have updated the second post in this thread with more details: https://bitcointalk.org/index.php?topic=1254272.0

You can access the burn page directly here : https://btcpool.exchange/Market?pair=SPACE/DGCS

Please note you have until the 30th to Stake Spacecoin before you burn it if you so choose. There is no cap on how many coins we burn so there is no need to rush! Remember, you can also mine Space for a limited time at a low fee here: http://tekyboy.tk/

Many thanks go out to TEKYBOY as our official burn mining partner and BTCPOOL as our official coin burn partner. Thanks for supporting our burns. And thank you to everyone else who supports Digital Credits. Enjoy and good luck.

There isn't a way to do it trough private message? Is because i don't want to have so many passwords to remember and pin included....

I'm guessing you mean a manual burn like other coins use? No, it was always our plan to use a burn partner. I don't have time to manually check and send out every transaction. If these burns become popular it would require us to hire a staff of people to do all the transactions by hand. It's a waste of money and resources when the automatic method we chose works just fine and prevents any human error. 

[intristin]

Is it possible to solo mine DGCS, and if so, can someone help me set up?

I have a 500MH/s USB miner that only gets like 1 DGCS every two days or something equally weak...figure I might as well try and get lucky hitting a block...?

Thanks in advance  

If you have a USB miner it would be better to mine space coin on Tekyboy and then convert it for DGCS near the end of the month. Mining DGCS directly really requires specialized mining hardware if you want to make any return.

[MbccompanyX]

The burn is now live, I have updated the second post in this thread with more details: https://bitcointalk.org/index.php?topic=1254272.0

You can access the burn page directly here : https://btcpool.exchange/Market?pair=SPACE/DGCS

Please note you have until the 30th to Stake Spacecoin before you burn it if you so choose. There is no cap on how many coins we burn so there is no need to rush! Remember, you can also mine Space for a limited time at a low fee here: http://tekyboy.tk/

Many thanks go out to TEKYBOY as our official burn mining partner and BTCPOOL as our official coin burn partner. Thanks for supporting our burns. And thank you to everyone else who supports Digital Credits. Enjoy and good luck.

There isn't a way to do it trough private message? Is because i don't want to have so many passwords to remember and pin included....

I'm guessing you mean a manual burn like other coins use? No, it was always our plan to use a burn partner. I don't have time to manually check and send out every transaction. If these burns become popular it would require us to hire a staff of people to do all the transactions by hand. It's a waste of money and resources when the automatic method we chose works just fine and prevents any human error. 

I see thanks anyway for answering my question, and about the burn process, how are the coins selected and how you can give some king of warranty that the price will be right?

[intristin]

The burn is now live, I have updated the second post in this thread with more details: https://bitcointalk.org/index.php?topic=1254272.0

You can access the burn page directly here : https://btcpool.exchange/Market?pair=SPACE/DGCS

Please note you have until the 30th to Stake Spacecoin before you burn it if you so choose. There is no cap on how many coins we burn so there is no need to rush! Remember, you can also mine Space for a limited time at a low fee here: http://tekyboy.tk/

Many thanks go out to TEKYBOY as our official burn mining partner and BTCPOOL as our official coin burn partner. Thanks for supporting our burns. And thank you to everyone else who supports Digital Credits. Enjoy and good luck.

There isn't a way to do it trough private message? Is because i don't want to have so many passwords to remember and pin included....

I'm guessing you mean a manual burn like other coins use? No, it was always our plan to use a burn partner. I don't have time to manually check and send out every transaction. If these burns become popular it would require us to hire a staff of people to do all the transactions by hand. It's a waste of money and resources when the automatic method we chose works just fine and prevents any human error. 

I see thanks anyway for answering my question, and about the burn process, how are the coins selected and how you can give some king of warranty that the price will be right?

There is no way to predict what the price will do when each burn starts or ends. We set the price on day one of the burn. DGCS was about 6 times the price of SPACE at the time so we set up a 4 to 1 trade to allow wiggle room in the price. There will be times when DGCS spikes and times when Space will spike, but the exchange rate will stay the same throughout the burn. People just have to decide for themselves if it is worth it or not. Considering that the Spacecoins price spike is due to buy demand from this burn I don't see it holding on to that value after the burn ends, I could be wrong. Investors usually look for coins under active development to invest in. Space was dumped by it's Developer and abandoned. Unless someone comes a long to rescue space it doesn't look very good as a long term investment. We will see what happens after the burn. So to answer that question, there is no price warranty, as in all investing you are taking an educated risk.

As far as selection goes, it's a mix between requests and research. Space started out as a suggestion from one of it's bag holders, after doing research and contacting the old DEV it was determined the coin was abandon and ripe for burning. 

[MbccompanyX]

The burn is now live, I have updated the second post in this thread with more details: https://bitcointalk.org/index.php?topic=1254272.0

You can access the burn page directly here : https://btcpool.exchange/Market?pair=SPACE/DGCS

Please note you have until the 30th to Stake Spacecoin before you burn it if you so choose. There is no cap on how many coins we burn so there is no need to rush! Remember, you can also mine Space for a limited time at a low fee here: http://tekyboy.tk/

Many thanks go out to TEKYBOY as our official burn mining partner and BTCPOOL as our official coin burn partner. Thanks for supporting our burns. And thank you to everyone else who supports Digital Credits. Enjoy and good luck.

There isn't a way to do it trough private message? Is because i don't want to have so many passwords to remember and pin included....

I'm guessing you mean a manual burn like other coins use? No, it was always our plan to use a burn partner. I don't have time to manually check and send out every transaction. If these burns become popular it would require us to hire a staff of people to do all the transactions by hand. It's a waste of money and resources when the automatic method we chose works just fine and prevents any human error. 

I see thanks anyway for answering my question, and about the burn process, how are the coins selected and how you can give some king of warranty that the price will be right?

There is no way to predict what the price will do when each burn starts or ends. We set the price on day one of the burn. DGCS was about 6 times the price of SPACE at the time so we set up a 4 to 1 trade to allow wiggle room in the price. There will be times when DGCS spikes and times when Space will spike, but the exchange rate will stay the same throughout the burn. People just have to decide for themselves if it is worth it or not. Considering that the Spacecoins price spike is due to buy demand from this burn I don't see it holding on to that value after the burn ends, I could be wrong. Investors usually look for coins under active development to invest in. Space was dumped by it's Developer and abandoned. Unless someone comes a long to rescue space it doesn't look very good as a long term investment. We will see what happens after the burn. So to answer that question, there is no price warranty, as in all investing you are taking an educated risk.

As far as selection goes, it's a mix between requests and research. Space started out as a suggestion from one of it's bag holders, after doing research and contacting the old DEV it was determined the coin was abandon and ripe for burning. 

at this point may i suggest the following coins for the burn process of January 2016?

• two (tillkoeln coin, still alive and with support even from altcoinsteps.com )
• MM (the dev runned away but the price is quite good after all)

[Demo2004]

I setup a pool for DigitalCredits

Please add to the OP.

http://dgcs.thefrenchpool.fr

You are all welcome

[intristin]

I setup a pool for DigitalCredits

Please add to the OP.

http://dgcs.thefrenchpool.fr

You are all welcome

Added to the OP and the website, thank you and good luck with your pool.

[Demo2004]

Contrariwise a registration is required for dgcs.thefrenchpool.fr

I setup a pool for DigitalCredits

Please add to the OP.

http://dgcs.thefrenchpool.fr

You are all welcome

Added to the OP and the website, thank you and good luck with your pool.

[intristin]

Contrariwise a registration is required for dgcs.thefrenchpool.fr

I setup a pool for DigitalCredits

Please add to the OP.

http://dgcs.thefrenchpool.fr

You are all welcome

Added to the OP and the website, thank you and good luck with your pool.

I'll fix that sorry!

[Arrakeen]

Is it possible to solo mine DGCS, and if so, can someone help me set up?

I have a 500MH/s USB miner that only gets like 1 DGCS every two days or something equally weak...figure I might as well try and get lucky hitting a block...?

Thanks in advance  

If you have a USB miner it would be better to mine space coin on Tekyboy and then convert it for DGCS near the end of the month. Mining DGCS directly really requires specialized mining hardware if you want to make any return.

Would that even be possible?  My USB miner only runs SHA-256...unless you mean coin-switching...?

[intristin]

Is it possible to solo mine DGCS, and if so, can someone help me set up?

I have a 500MH/s USB miner that only gets like 1 DGCS every two days or something equally weak...figure I might as well try and get lucky hitting a block...?

Thanks in advance  

If you have a USB miner it would be better to mine space coin on Tekyboy and then convert it for DGCS near the end of the month. Mining DGCS directly really requires specialized mining hardware if you want to make any return.

Would that even be possible?  My USB miner only runs SHA-256...unless you mean coin-switching...?

Sorry I just got out of Hospital and have been without internet. I assumed you had a script miner. If your miner is SHA-256 your best bet is to mine via a pool. Solo mining is not very effective. Either way your not going to get much with 500mh I'm afraid.

[MbccompanyX]

Seems that after leaving the Spacecoin trades calm for 2 days the price dropped a bit.... Somebody knows if we have an objective about tot burned spacecoins or just 10% after all?

[intristin]

Seems that after leaving the Spacecoin trades calm for 2 days the price dropped a bit.... Somebody knows if we have an objective about tot burned spacecoins or just 10% after all?

Yea, the price spike was due to people rushing to buy in order to stake it. I imagine it will continue to drop a bit. This is the first burn we have done so we have no history to look back on at the moment. DGCS has dropped a bit as well, most likely do to the rise in Bitcoin, as it looks like all altcoins are loosing ground at the moment. I would advise everyone to hold on onto your space and stake it while the markets sort themselves out. It's only the 6th of the month after all, still over 3 weeks to run them in.   

[MbccompanyX]

Seems that after leaving the Spacecoin trades calm for 2 days the price dropped a bit.... Somebody knows if we have an objective about tot burned spacecoins or just 10% after all?

Yea, the price spike was due to people rushing to buy in order to stake it. I imagine it will continue to drop a bit. This is the first burn we have done so we have no history to look back on at the moment. DGCS has dropped a bit as well, most likely do to the rise in Bitcoin, as it looks like all altcoins are loosing ground at the moment. I would advise everyone to hold on onto your space and stake it while the markets sort themselves out. It's only the 6th of the month after all, still over 3 weeks to run them in.   

Well think that i pushed a bit the trades on the days of 3 and 4 december, now i left it calm down because was getting a little problem and i wanted to increase the ammount of bitcoins i can use to decide to burn, anyway any ideas about how many people are staking spacecoins and how much they hold? with those blocks that appears every 1-2 minutes that have a reward of 32 or 16 seems that will be hard to burn so many spacecoins that the total coins will get any kind of effect.....

[intristin]

Seems that after leaving the Spacecoin trades calm for 2 days the price dropped a bit.... Somebody knows if we have an objective about tot burned spacecoins or just 10% after all?

Yea, the price spike was due to people rushing to buy in order to stake it. I imagine it will continue to drop a bit. This is the first burn we have done so we have no history to look back on at the moment. DGCS has dropped a bit as well, most likely do to the rise in Bitcoin, as it looks like all altcoins are loosing ground at the moment. I would advise everyone to hold on onto your space and stake it while the markets sort themselves out. It's only the 6th of the month after all, still over 3 weeks to run them in.   

Well think that i pushed a bit the trades on the days of 3 and 4 december, now i left it calm down because was getting a little problem and i wanted to increase the ammount of bitcoins i can use to decide to burn, anyway any ideas about how many people are staking spacecoins and how much they hold? with those blocks that appears every 1-2 minutes that have a reward of 32 or 16 seems that will be hard to burn so many spacecoins that the total coins will get any kind of effect.....

Well my staking weight is 50k, the total network weight looks to be about 2.8 million. Perhaps people are waiting for the space price to drop or the DGCS price to rise before they buy more. There are people mining the coin as well. There has been a little over 57,000 space burned so far, so a long way to go. I imagine the bulk of the dump will happen in the last 24 hours. No guarantees yet that this burn will be successful.

[MbccompanyX]

Seems that after leaving the Spacecoin trades calm for 2 days the price dropped a bit.... Somebody knows if we have an objective about tot burned spacecoins or just 10% after all?

Yea, the price spike was due to people rushing to buy in order to stake it. I imagine it will continue to drop a bit. This is the first burn we have done so we have no history to look back on at the moment. DGCS has dropped a bit as well, most likely do to the rise in Bitcoin, as it looks like all altcoins are loosing ground at the moment. I would advise everyone to hold on onto your space and stake it while the markets sort themselves out. It's only the 6th of the month after all, still over 3 weeks to run them in.   

Well think that i pushed a bit the trades on the days of 3 and 4 december, now i left it calm down because was getting a little problem and i wanted to increase the ammount of bitcoins i can use to decide to burn, anyway any ideas about how many people are staking spacecoins and how much they hold? with those blocks that appears every 1-2 minutes that have a reward of 32 or 16 seems that will be hard to burn so many spacecoins that the total coins will get any kind of effect.....

Well my staking weight is 50k, the total network weight looks to be about 2.8 million. Perhaps people are waiting for the space price to drop or the DGCS price to rise before they buy more. There are people mining the coin as well. There has been a little over 57,000 space burned so far, so a long way to go. I imagine the bulk of the dump will happen in the last 24 hours. No guarantees yet that this burn will be successful.

I want at least hope we burn the 25% of all the coins, because after all i think that would be impossible to burn all the spacecoins, anyway still 24/25 days before the end and for now i see that maybe tomorrow i will able to break 2 walls (maybe even 3) but now the wall that would maybe break all apart is the 47 sat sell wall...

[intristin]

I have been focusing most of my buys on DGCS with the PoS kicking in soon, I plan to buy up more space towards the end of the month. I'm pretty confident we will break 25% on Space, My goal is 50% however, we will see what happens. 

[MbccompanyX]

I have been focusing most of my buys on DGCS with the PoS kicking in soon, I plan to buy up more space towards the end of the month. I'm pretty confident we will break 25% on Space, My goal is 50% however, we will see what happens. 

I think that burn 2 million spacecoin counting the fact that on yobit there is still something like 362k seems something with a little risk, maybe we should check for addresses that didn't had any movement from at least 30 days, something says me that maybe 1 million is stuck.....

[BARR_Official]

50% of all Spacecoins?  That would cost almost $150.00! 

http://coinmarketcap.com/currencies/spacecoin/





Are you sure 5 Million DGCS is enough to exchange for .35 BTC worth of Spacecoins?  Maybe you should send another 5 Million to BTCPoolExchange.

[intristin]

50% of all Spacecoins?  That would cost almost $150.00!  

http://coinmarketcap.com/currencies/spacecoin/

Are you sure 5 Million DGCS is enough to exchange for .35 BTC worth of Spacecoins?  Maybe you should send another 5 Million to BTCPoolExchange.

lol, I'm beginning to think that I have a stalker. Just can't stop following me around. I'm flattered.