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Author Topic: Digix DGD  (Read 2603 times)
bitbitch (OP)
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May 01, 2016, 07:00:56 PM
 #1

https://coinmarketcap.com/assets/digixdao/

is this chart accurate? the price has dumped that much?
klarki
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May 01, 2016, 08:23:10 PM
 #2

https://coinmarketcap.com/assets/digixdao/

is this chart accurate? the price has dumped that much?

Yes, this resource is significant.
This is not surprising, that there is a recession. Do not forget what is attached.

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bitbitch (OP)
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May 02, 2016, 08:08:36 AM
 #3

https://coinmarketcap.com/assets/digixdao/

is this chart accurate? the price has dumped that much?

Yes, this resource is significant.
This is not surprising, that there is a recession. Do not forget what is attached.

thanks. gold?
BitLoans
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May 02, 2016, 08:14:01 AM
 #4

Wow, what happened at the beginning of April?

Also, where is digix being traded right now?
orendel
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May 02, 2016, 08:16:14 AM
 #5

The price dumped only if you compere it to the Pre-coin.
Anyway, the pre-coin is irrelevant (Same story as LISK pre-coin).
If you compare the price to the ICO price, then the coin double its value.
My guess is that when the coin will go into poloniex, Its will gain much more to its value.  
orendel
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May 02, 2016, 08:18:26 AM
 #6

Wow, what happened at the beginning of April?

Also, where is digix being traded right now?

Gatecoin And OpenLedger
bitbitch (OP)
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May 02, 2016, 08:33:42 AM
 #7

The price dumped only if you compere it to the Pre-coin.
Anyway, the pre-coin is irrelevant (Same story as LISK pre-coin).
If you compare the price to the ICO price, then the coin double its value.
My guess is that when the coin will go into poloniex, Its will gain much more to its value.  

what was the ICO price?
orendel
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May 02, 2016, 10:13:28 AM
 #8

The price dumped only if you compere it to the Pre-coin.
Anyway, the pre-coin is irrelevant (Same story as LISK pre-coin).
If you compare the price to the ICO price, then the coin double its value.
My guess is that when the coin will go into poloniex, Its will gain much more to its value. 

what was the ICO price?

Something like:
1 Ether = 3.6 DGD
bitbitch (OP)
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May 02, 2016, 01:10:21 PM
 #9

The price dumped only if you compere it to the Pre-coin.
Anyway, the pre-coin is irrelevant (Same story as LISK pre-coin).
If you compare the price to the ICO price, then the coin double its value.
My guess is that when the coin will go into poloniex, Its will gain much more to its value. 

what was the ICO price?

Something like:
1 Ether = 3.6 DGD

thanks.

why does the coinmarketcap.com chart price line start at around $30?


https://coinmarketcap.com/assets/digixdao/
orendel
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May 02, 2016, 01:21:33 PM
 #10

The price dumped only if you compere it to the Pre-coin.
Anyway, the pre-coin is irrelevant (Same story as LISK pre-coin).
If you compare the price to the ICO price, then the coin double its value.
My guess is that when the coin will go into poloniex, Its will gain much more to its value. 

what was the ICO price?

Something like:
1 Ether = 3.6 DGD

thanks.

why does the coinmarketcap.com chart price line start at around $30?


https://coinmarketcap.com/assets/digixdao/


Due to the fact that Gatecoin created Pre-coin that was based on the actual coin.
The same think that happen with the LISK project.
The price of 30$ was for the Pre-coin. nothing to do with the real coin.
I don't know why people buy those pre-coins..
I guess that those people don't understand that it's not the real thing.
bitbitch (OP)
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May 02, 2016, 01:30:26 PM
 #11

The price dumped only if you compere it to the Pre-coin.
Anyway, the pre-coin is irrelevant (Same story as LISK pre-coin).
If you compare the price to the ICO price, then the coin double its value.
My guess is that when the coin will go into poloniex, Its will gain much more to its value. 

what was the ICO price?

Something like:
1 Ether = 3.6 DGD

thanks.

why does the coinmarketcap.com chart price line start at around $30?


https://coinmarketcap.com/assets/digixdao/


Due to the fact that Gatecoin created Pre-coin that was based on the actual coin.
The same think that happen with the LISK project.
The price of 30$ was for the Pre-coin. nothing to do with the real coin.
I don't know why people buy those pre-coins..
I guess that those people don't understand that it's not the real thing.

thanks.

i hadn't realised exchanges were IOUing this coin before its launch. all is now clear in my mind. thanks again.
orendel
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May 02, 2016, 01:50:10 PM
 #12

The price dumped only if you compere it to the Pre-coin.
Anyway, the pre-coin is irrelevant (Same story as LISK pre-coin).
If you compare the price to the ICO price, then the coin double its value.
My guess is that when the coin will go into poloniex, Its will gain much more to its value. 

what was the ICO price?

Something like:
1 Ether = 3.6 DGD

thanks.

why does the coinmarketcap.com chart price line start at around $30?


https://coinmarketcap.com/assets/digixdao/


Due to the fact that Gatecoin created Pre-coin that was based on the actual coin.
The same think that happen with the LISK project.
The price of 30$ was for the Pre-coin. nothing to do with the real coin.
I don't know why people buy those pre-coins..
I guess that those people don't understand that it's not the real thing.

thanks.

i hadn't realised exchanges were IOUing this coin before its launch. all is now clear in my mind. thanks again.


No problem Smiley
BitcoinNational
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May 03, 2016, 12:34:30 AM
 #13

Each token is backed by 1 gram of gold .... on sale now for $6 vs. $50

something BS here ;/

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sandiman
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May 03, 2016, 11:30:40 AM
 #14

Each token is backed by 1 gram of gold .... on sale now for $6 vs. $50

something BS here ;/

DGX is different of DGD, DGD is not backed by one gram of gold.
bitbitch (OP)
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May 03, 2016, 11:48:59 AM
 #15

Each token is backed by 1 gram of gold .... on sale now for $6 vs. $50

something BS here ;/

DGX is different of DGD, DGD is not backed by one gram of gold.

are DGX tokens traded? where are they?
sandiman
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May 03, 2016, 01:41:39 PM
 #16

Each token is backed by 1 gram of gold .... on sale now for $6 vs. $50

something BS here ;/

DGX is different of DGD, DGD is not backed by one gram of gold.

are DGX tokens traded? where are they?

I don't know where are they but they must be traded since this is where the reward comes from for DGD holders.
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May 03, 2016, 02:20:34 PM
 #17

DGD holders get a percentage of transaction fees per token, 0.001 % or something like that (am not sure of the exact number but it is tiny)

1 DGX is the one that is backed by 1 gram of gold.

So not surprising to see DGD getting dumped, a lot of people thought that 1 DGD= 1 gram of gold but it's not.

Also, a lot of people did not expect the SLock.It DAO to be taking place since the ICO had been cancelled and they had said they needed time to set it up.

So when they THE DAO went live, a lot of people dumped the DGD tokens to buy ETHER to participate in THE DAO/Slock.It.
bitbitch (OP)
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May 03, 2016, 04:44:11 PM
 #18

DGD holders get a percentage of transaction fees per token, 0.001 % or something like that (am not sure of the exact number but it is tiny)

1 DGX is the one that is backed by 1 gram of gold.

So not surprising to see DGD getting dumped, a lot of people thought that 1 DGD= 1 gram of gold but it's not.

Also, a lot of people did not expect the SLock.It DAO to be taking place since the ICO had been cancelled and they had said they needed time to set it up.

So when they THE DAO went live, a lot of people dumped the DGD tokens to buy ETHER to participate in THE DAO/Slock.It.

thanks.

only today did i realise that there are two tokens, the X and the D. i can see Gatecoin and Open Ledger listing the D token following the launch, but where would one buy the X token?

Digix Global seems to control DGX. Does it sell X?

Digix DAO is for DGD (the Crowdsale).
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May 03, 2016, 05:55:21 PM
 #19

DGD holders get a percentage of transaction fees per token, 0.001 % or something like that (am not sure of the exact number but it is tiny)

1 DGX is the one that is backed by 1 gram of gold.

So not surprising to see DGD getting dumped, a lot of people thought that 1 DGD= 1 gram of gold but it's not.

Also, a lot of people did not expect the SLock.It DAO to be taking place since the ICO had been cancelled and they had said they needed time to set it up.

So when they THE DAO went live, a lot of people dumped the DGD tokens to buy ETHER to participate in THE DAO/Slock.It.

thanks.

only today did i realise that there are two tokens, the X and the D. i can see Gatecoin and Open Ledger listing the D token following the launch, but where would one buy the X token?

Digix Global seems to control DGX. Does it sell X?

Digix DAO is for DGD (the Crowdsale).

To buy DigiX , you need to go there: https://dgx.io/#/

You then need to install the webwallet and then load your wallet with either ETH or BTC.

You can then buy gold that is guaranteed by a smart contract or you can choose to have your gold redeemed in person by going to Singapore.

You can get further details on the website.
bitbitch (OP)
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May 03, 2016, 06:58:16 PM
 #20

DGD holders get a percentage of transaction fees per token, 0.001 % or something like that (am not sure of the exact number but it is tiny)

1 DGX is the one that is backed by 1 gram of gold.

So not surprising to see DGD getting dumped, a lot of people thought that 1 DGD= 1 gram of gold but it's not.

Also, a lot of people did not expect the SLock.It DAO to be taking place since the ICO had been cancelled and they had said they needed time to set it up.

So when they THE DAO went live, a lot of people dumped the DGD tokens to buy ETHER to participate in THE DAO/Slock.It.

thanks.

only today did i realise that there are two tokens, the X and the D. i can see Gatecoin and Open Ledger listing the D token following the launch, but where would one buy the X token?

Digix Global seems to control DGX. Does it sell X?

Digix DAO is for DGD (the Crowdsale).

To buy DigiX , you need to go there: https://dgx.io/#/

You then need to install the webwallet and then load your wallet with either ETH or BTC.

You can then buy gold that is guaranteed by a smart contract or you can choose to have your gold redeemed in person by going to Singapore.

You can get further details on the website.

thanks.

what happens to the DGX (gold) Ethereum based contracts if Digix Global Ltd. ever goes bust? who coughs up the gold?
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