[ANN][DGC] Digitalcoin | Multi-algo & Masternodes | Established 2013

[Freenhult]

I am a real economist.

And excess supply is one of the major problems with most cryptos right now.  Lack of Adoption is the other.

It's hard to increase awareness and adoption but it's simple to do a "stock buyback", to cut the subsidy and Max cap.  

And it should be done ASAP before the next rush, to position DGC for optimal performance and ROI.

Cheers!

Fair enough then.

[Vlad2Vlad]

And here's my analysis on DGC from last year - marked by another poster who actually marked my post to later laugh at me.

Nobody was making such outrageous calls last September [besides me] about any alt-coins, not even well known alts.  I was called insane many times for calls like these and saying things like the Bitcoin ETF is a guaranteed done deal and BTC would match gold in under 12 months, etc.

Obviously DGC didn't reach my $1 target but it hit $.74 which is something nobody on this planet expected to happen so soon.

And this is only the beginning but there will be thousands of alts next year [another prediction I also made last year when there were only 12 alts on earth] so reducing the supply is crucial in order to take maximum advantage of any uptick in demand. 

Look at the 2 current alts ran by bankers:  NAUT and MAX, both had massive reductions recently to their subsidies and max caps, preparing them for the coming rally.  Both ran by Wall Street bankers who understand economics. 

Like I said before, if this is done it should be done soon.  And for the record, I only hold ~10,000 DGC.

Best of Luck!

[vipgelsi]

Just checking in here i sold my position a few months back nothing new here. But i still love the name of the coin!

Good luck guys.

[disclaimer201]

Sadly, here are the latest news from Baritus quitting the development of DGC and closing CryptoAve within 7 days.

http://digitalcoin.co/forums/index.php/topic,1261.msg9244.html#new


Hello,

As of this moment, I am passing on all lead development responsibilities to the Digitalcoin foundation (http://digitalcoin.foundation). I will no longer be developing the new versions, that responsibility will be up to the developers in the foundation. I am fully confident that the foundation will take DGC to new levels for all the community.

I will still be involved in the community in many other ways and will continue to host the website and forums.

Regards,
Baritus

http://digitalcoin.co/forums/index.php/topic,1262.msg9243.html#new

Hello,

After discussion with the major CryptoAve shareholders, other admins of payment processing services, and the admins of crypto exchanges, the CryptoAve project will undergo a major overhaul.

Currently, shareholders are not achieving any returns on their investment due to a lack of trading activity. I do not believe it is likely that the situation will change due to a multitude of factors, not least of which is the inability for us to offer USD trading to US citizens (which are the majority of traders).

CryptoAve.Com will cease to operate as an exchange on September 15th, 9:00 PM GMT. Please withdraw all your coins and make any share trades before then.

The CryptoAve software will then go into re-development to turn it into a licensed exchange system. We will offer an easy to use, secure, and tested exchange software for a licensing fee. Anyone will be able to get a copy and start an exchange in less than 15 minutes. The software will be capable of trading any coin with an RPC interface and will be modifiable for the rest.

The payment processing code will go into developing a payment processing module that can be added on to the exchange system.

The shareholders will divide profits based on ownership percentage.  10% of my 51% in shares will be dedicated to re-investment in DGC for the first year of operation.

Thank you for everything you've done to get CryptoAve where it is.

Regards,
Baritus

[Vlad2Vlad]

Why is Baritus quitting DGC?

No wonder there's no leadership here to make some big decisions regarding the inflation and dilution.

Sad, DGC had good potential.

[ahmed_bodi]

As part of the foundation, and due to baritus leaving i will be helping out with the development of DGC, ARG and SRC. the foundation will post a statement here in due course

[techbytes]

I am holding on to my 500k DGC.  I'm confident the DGC Foundation will make a smooth transition of the handoff and will make DGC better.


-tb-

[Vlad2Vlad]

As part of the foundation, and due to baritus leaving i will be helping out with the development of DGC, ARG and SRC. the foundation will post a statement here in due course

Thanks Ahmed, they're in good hands.

Are there any plans to lower the inflation [subsidy] and dilution [max cap] anytime soon [before the next boom
Comes]?

Thanks and good luck.  I picked up a bit of DGC and ARG cause I think they're very cheap right now.

Cheers!

[ahmed_bodi]

At the moment i cant comment on the plans until its been fully decided but safe to say something will be coming soon

[Vlad2Vlad]

At the moment i cant comment on the plans until its been fully decided but safe to say something will be coming soon

Good enough.

Thanks and good luck!

[kenel]

As of this weekend, The DigitalCoin Foundation will hereafter assume the development responsibilities of DigitalCoin. Ahmedbodi, an early and reliable supporter of DigitalCoin (and great developer), is assisting with our transition and has accepted the role as developer of DigitalCoin.

The DigitalCoin Foundation will also assume the hosting and maintenance responsibilities of the DigitalCoin Github.

During this transition period, we are working on several technical upgrades to DigitalCoin to further stabilize the network and provide the reliability we've come to expect from our coin both now and into the foreseeable future. More details will be released after the initial testing phase has been completed, but they are very exciting changes!

Rest assured we will continue to improve DigitalCoin with the best intentions and the highest scrutiny.  The DigitalCoin Foundation aims for absolute transparency, so please, I invite any and all questions to be asked - and answered to the best of my (or another foundation member's) ability.

To the future of DigitalCoin - A currency for the digital age!

[samson]

Sadly, here are the latest news from Baritus quitting the development of DGC and closing CryptoAve within 7 days.

http://digitalcoin.co/forums/index.php/topic,1261.msg9244.html#new


Hello,

As of this moment, I am passing on all lead development responsibilities to the Digitalcoin foundation (http://digitalcoin.foundation). I will no longer be developing the new versions, that responsibility will be up to the developers in the foundation. I am fully confident that the foundation will take DGC to new levels for all the community.

I will still be involved in the community in many other ways and will continue to host the website and forums.

Regards,
Baritus

http://digitalcoin.co/forums/index.php/topic,1262.msg9243.html#new

Hello,

After discussion with the major CryptoAve shareholders, other admins of payment processing services, and the admins of crypto exchanges, the CryptoAve project will undergo a major overhaul.

Currently, shareholders are not achieving any returns on their investment due to a lack of trading activity. I do not believe it is likely that the situation will change due to a multitude of factors, not least of which is the inability for us to offer USD trading to US citizens (which are the majority of traders).

CryptoAve.Com will cease to operate as an exchange on September 15th, 9:00 PM GMT. Please withdraw all your coins and make any share trades before then.

The CryptoAve software will then go into re-development to turn it into a licensed exchange system. We will offer an easy to use, secure, and tested exchange software for a licensing fee. Anyone will be able to get a copy and start an exchange in less than 15 minutes. The software will be capable of trading any coin with an RPC interface and will be modifiable for the rest.

The payment processing code will go into developing a payment processing module that can be added on to the exchange system.

The shareholders will divide profits based on ownership percentage.  10% of my 51% in shares will be dedicated to re-investment in DGC for the first year of operation.

Thank you for everything you've done to get CryptoAve where it is.

Regards,
Baritus

Don't do anything rash, they have big plans for the coin.

Dev speed being ramped up, expect big changes in everything DGC related, changes very much for the better from what I've heard.

Disclaimer : I am a member of the DGC Foundation which now controls the coin.

[broken_pixel]

What about the people who invested, sent DGC to Baritus for the Bank of Digitalcoin last year?

[Tsquared]

What about the people who invested, sent DGC to Baritus for the Bank of Digitalcoin last year?

That would be between those people and baritus. Assuming this is in reference to cryptoave.com?  Baritus posted about that here: http://digitalcoin.co/forums/index.php/topic,1262.0.html

TT

[broken_pixel]

I saw that but I think the Crypto Ave and the Digitalcoin Bank are two different entities. From what I understand the DGC bank was to come later.

https://bitcointalk.org/index.php?topic=238882.0

[Tsquared]

I saw that but I think the Crypto Ave and the Digitalcoin Bank are two different entities. From what I understand the DGC bank was to come later.

https://bitcointalk.org/index.php?topic=238882.0

Reading toward the end of the post it seems this was supposed to be some kind of extension of cryptoave.com? 

https://bitcointalk.org/index.php?topic=238882.msg5017418#msg5017418

TT

[Don007]

It's sad to hear that Baritus is leaving. He made a great coin. DigitalCoin has Always been one of my favorite altcoins (and still is).

Let's hope the Digitalcoin Foundation brings this coin to a higher level. The coin deserves this, and Baritus too for all his efforts.

[broken_pixel]

Buying DGC on Cryptsy now, join in on the buy low sell high Starship. Sold some CTM for LTC, LTC for BTC, sold some HBN for BTC, bought some DRK and 2261 DGC & raised the buy orders a bit. Woohoo!

[sucksyd]

I saw that but I think the Crypto Ave and the Digitalcoin Bank are two different entities. From what I understand the DGC bank was to come later.

https://bitcointalk.org/index.php?topic=238882.0

could this coin which is at such low price be useful in actual usage ?
the author is long gone and no actual updating could be seen from the past to the future.why you guys still care this coin?
no offense

[techbytes]

I saw that but I think the Crypto Ave and the Digitalcoin Bank are two different entities. From what I understand the DGC bank was to come later.

https://bitcointalk.org/index.php?topic=238882.0

could this coin which is at such low price be useful in actual usage ?
the author is long gone and no actual updating could be seen from the past to the future.why you guys still care this coin?
no offense

There are changes in the works for DGC.  Digitalcoin Foundation will be more transparent and active with the development of DGC.


-tb-