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Author Topic: [ANN][DGC] Digitalcoin | Multi-algo & Masternodes | Established 2013  (Read 523563 times)
digitalindustry
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September 18, 2013, 05:55:34 AM
 #3881

Also people chill on the DGC.

I see nothing here that is out of the ordinary the guys here are trying to diversify wealth capital , in what essentially is a hostile environment,  that being based in the USA.

So in essence we should thank them for taking the risk .

Every new exchange that leads to further crypto <> fiat initgration is net a positive towards further human freedom.

DGC was not premined , everyone has had the chance to buy or sell .

any claims of manipulation are for me outside the relms of reality as far as what ive witnessed in the relm of fiat , so lok at DGC for what it is Crypto , if you mined and sold you sold your stake .

If you brought or mined you have  stake , the end.

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September 19, 2013, 04:47:48 AM
 #3882


Baritus is killing it today on Cryptsy - just as he publicly disclosed, it just wasn't the timing - myself and others were expecting.

If you disrespect someone publicly you should be man enough to humble yourself, if you were wrong, and give credit and respect publicly.

It pains me and I feel embarrassed to have been wrong about Baritus.  But what's right is right.  That said, I would like to delete all my previous posts from this thread but I would like permission first, from Baritus, so I don't look like a coward trying to hide my mistakes.

Although this could have been avoided if Baritus had answered my original questions, looking back now, it would appear that perhaps it wasn't as easy to respond as I expected at the time.  

So I regret having been so harsh and critical of Baritus and his investors.  Baritus is obviously keeping good on his word, given today there was a 46 BTC buy order put in for DGC, which is exactly the 50 BTC Baritus promised (for the short term) minus the 4 BTC he stated was already spent.

I regret allowing my hot temper and quick judgement take hold of my emotions and decisions.  I have been burned too many times in the stock market by lying CEO's and so I now have little tolerance for such people.  But in this case I was obviously wrong so I do apologize to Baritus and his team and DGC's investors.

With your permission, Baritus, I would like to delete all my previous posts from your otherwise constructive and very popular DGC thread.  If you feel that would be in the best interest of DGC and everyone here just say the word, as I would personally be better off not having these erroneous posts as part of my agitated history.

But if you choose to not have me delete them then I will respect that choice.

This is your thread, your ball-game, so let me know.  


Thanks for putting together a great coin - I truly hope DGC will be one of the very few coins that does NOT get crushed when Bitcoin explodes to $500 and $1,000 on the heels of the Bitcoin ETF license in the coming few months.

Best regards,

Vlad

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September 19, 2013, 05:02:56 AM
 #3883

Looking back over the last half-dozen or so pages, it seems this thread is now less about DGC and more about Vlad's fractured psyche trying to work itself out (in text form).  Huh

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September 19, 2013, 06:26:09 AM
 #3884

Looking back over the last half-dozen or so pages, it seems this thread is now less about DGC and more about Vlad's fractured psyche trying to work itself out (in text form).  Huh

Yeah, well,.... Vlad is the king of DGC (or so he thinks) Smiley
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September 19, 2013, 02:11:35 PM
 #3885

I have deleted a few posts here, I said a few pages back to stay on topic please...
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September 19, 2013, 02:40:04 PM
 #3886

I have deleted a few posts here, I said a few pages back to stay on topic please...

Much appreciated Smiley

Since eysterday, i've started renting out my hashpower for DGC, so i can collect some more DGC while waiting for CryptoAve to launch Smiley
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September 19, 2013, 03:58:48 PM
 #3887

Vlad, do as you wish. I hope to keep seeing you in the community.


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September 19, 2013, 11:18:21 PM
Last edit: September 19, 2013, 11:32:08 PM by Vlad2Vlad
 #3888

Vlad, do as you wish. I hope to keep seeing you in the community.



I'll leave my last post and I'll delete every other nasty post.


Good luck!



Edit:

Done.  

That sure was a lot of crap to clean up.  Strange thing was that seeing my own posts upset me.  Not quite the same thing when you're no longer angry and and not in the right.

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September 20, 2013, 12:01:03 AM
 #3889

What I have learned this past months... Dont ever have doubt in DGC or Baritus! Even when things look bad, DGC will and must prevail because it deserves to be in the top...

Nice and humble move from you Vlad...

Go DGC!

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September 20, 2013, 12:08:45 AM
 #3890

I think getting this coin at mcxnow would take it to the next level...that paired with cryptoave (if it's succesful) might take DGC far. Looking forward to that.  Cool
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September 20, 2013, 12:32:58 AM
 #3891

What I have learned this past months... Dont ever have doubt in DGC or Baritus! Even when things look bad, DGC will and must prevail because it deserves to be in the top...

Nice and humble move from you Vlad...

Go DGC!


I have a big mouth cause  I feel I'm right I need to stand up for what is right.  And I was wrong, so the right thing was to admit it.

DGC is solid, the only thing that worries me is the massive coming phenomenon: The Bitcoin ETF.  That thing is coming even though the pros say no way and when it does it's gonna take Bitcoin to $1,000.

And look at the alts the last 2 months while BTC spiked it nearly killed them.  I'm worried Bitcoin will go to $1,000 and a) kill all scrypts and b) kill 99% of all alt coins.

That's why I told Baritus to buy an ASICS miners instead with that 150 BTC, or 3 huge ASICS miners and use that incoming revenue to constantly buy back DGC and destroy those coins so you'd permanently drive the price up of DGC. 

Such a plan would protect you against the coming ETF effect.

But Baritus said his investors want him to buy back coins so that's what he's doing.

Nobody knows which coins will get killed if Bitcoin goes to $1,000, but I feel certain it's gonna be at least 90% of them, and especially scrypts.

I have taken safety precautions.  I hope you guys are ready in case I'm right.

Good luck!

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September 20, 2013, 12:41:30 AM
 #3892

BTC is long way from 1000$ brother! The price cannot move up quickly enough to kill alts... It may spike to 300-500$ in future, but be sure that after that will fall down like a rock, before it moves back up. Those are the rules.  I dont think it will hit 1000$ soon. Maybe when BTC reward halves, but I doubt even than..

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September 20, 2013, 12:50:53 AM
 #3893

BTC is long way from 1000$ brother! The price cannot move up quickly enough to kill alts... It may spike to 300-500$ in future, but be sure that after that will fall down like a rock, before it moves back up. Those are the rules.  I dont think it will hit 1000$ soon. Maybe when BTC reward halves, but I doubt even than..


ETF - Exchange Traded Fund.


$1,000 will be annihilated in sub 12 months. 

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September 20, 2013, 01:09:56 AM
 #3894

Please explain. I am from different trading background..

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September 20, 2013, 01:27:13 AM
 #3895

Please explain. I am from different trading background..

An ETF is a derivative vehicle which is used to trade anything. 

Nobody thinks Bitcoin will get the ETF license.  The pros are all laughing.  I think it's a done deal and we'll see it in maybe 2 months.

The problem is an ETF is very liquid and Bitcoin is not.  This will lead to huge violent ups and downs but also huge upside.  This is my personal theory so I could be wrong.

The way it's set up to function is for every 5 ETF share bought on wallstreet, the fund is forced to go out, find and buy 1 Bitcoin.

Herein lies the liquidity problem, millions of shares of the ETF will sell within hours.  Where are you gonna get even 1 million Bitcoin on that day?  So The ETF - who doesn't care what price Bitcoin goes to, will keep raising up the bid all day long until it finds enough coins.

Likewise, you can't short Bitcoin but you can short an ETF so the swings will be wild and huge.  Up to $500, down to $250, up to $1,000, down to $480.  And so forth.

Regardless, due to so many people, funds and investors who will want a piece of Bitcoin, there will be massive demand and with only 12 million Bitcoins in existence, $1,000 will come very fast and that will appear like a cheap price when it does arrive.

My ETF 2.0 theory is that Wallstreet will look for another coin just like Bitcoin, but with a bit more liquidity, with which to start another ETF.  This is what happened in 1994 with the first Internet stock fund.  They first laughed then they s crammed to find any Internet stocks to start more funds.

So I searched and I found an alt coin which I feel will be one of the few survivors - and it should go up 100,000% or close to it. 

We shall see if the PhD talking heads are right about this ETF, or me, some noob on the internets.

Good luck!

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September 20, 2013, 01:37:57 AM
 #3896

Useful info! Thanks! I will google it further... If swings are wild like that, I am gonna be rich in no time!

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Vlad2Vlad
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September 20, 2013, 02:25:35 AM
 #3897

Useful info! Thanks! I will google it further... If swings are wild like that, I am gonna be rich in no time!

Problem with that theory is that you don't know when the next upswing comes.  And since the swings will be large you could miss the boat as you sell and wait for the next downturn which may never come to the level you expect.

So if you want to trade it then I recommend holding a core position and trading only a portion of it or buying some ETF shares and trade the coin.

Or, what I plan to do, which is more risky:  buy some out of the money Leaps ( long term call contracts) then trade the coin all day long (or the ETF shares since they'll be way more liquid and easy to buy and sell) cause if you miss the boat and the price spikes your leaps will go up exponentially.  So the call option contracts (which will be much cheaper than the ETF shares) will be my insurance policy in case I make the wrong move.


You won't find much, there's nothing on the Bitcoin ETF except a bunch of PhD idiots and Wallstreet experts saying there's no way it will happen.

You just read pretty much everything there is to know right now about a Bitcoin ETF and probably the only positive, bullish commentary.  Lol!

Good luck!

iXcoin - Welcome to the F U T U R E!
samson
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September 20, 2013, 02:27:36 AM
 #3898

I've been accumulating some DGC lately.
baritus (OP)
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September 20, 2013, 04:37:06 PM
 #3899

I've been accumulating some DGC lately.

That's good. Cheesy

Digitalcoin - Sha256, Scrypt, x11 Mining - Multi-algorithm & One Click Masternodes - Founded in 2013
baritus (OP)
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September 23, 2013, 02:11:03 PM
 #3900

Please make sure to update if you haven't already. Also, there are a lot of interesting things happening at http://digitalcoin.co/forums Smiley

Digitalcoin - Sha256, Scrypt, x11 Mining - Multi-algorithm & One Click Masternodes - Founded in 2013
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