Whats up with DGC price skyrocketing ?

[erk]

Lol this is not a coin where it can be dumped within hours of release. The proper way to pump and dump this would be to mine since day 1, manipulate price a while after block reward is at it's highest (pump), aaaaaaaaand DUMP when price manipulation is at its peak. And that's EXACTLY what's happening.

The miner pumps are done, now it's the trader pumps like fontas et. al. that have taken over. So it becomes a more interesting coin to trade. Miners just send the price straight down which sucks for everyone, traders send it up and down creating opportunities.

[fisheater]

typical pump and dump. this one is easier because of the low volume. Pumping WDC would be a lot more difficult.

Only idiots will buy this, take the opportunity and dump!

[hanzac]

The digital coin has a healthy body. So I think I'll hold a few for a long time.

[cebb]

typical pump and dump. this one is easier because of the low volume. Pumping WDC would be a lot more difficult.

Only idiots will buy this, take the opportunity and dump!

Every coin is a pump and dump coin (yes even BTC). It all depends on when you buy and when you sell.

[moody123]

well it looks like a peak right now, and people aren't climbing all over each other to sell. so that one theory is wrong.

[hanzac]

typical pump and dump. this one is easier because of the low volume. Pumping WDC would be a lot more difficult.

Only idiots will buy this, take the opportunity and dump!

So you are saying all the big bitcoin holders are idiots, right? When they buy bunch at price of cents or several dollars.

Why there're so many brain-less persons out there in this forum, and even so the more brain-less they talk louder and more. This applies to real world too. This means the world is really stupid.

[techbytes]

typical pump and dump. this one is easier because of the low volume. Pumping WDC would be a lot more difficult.

Only idiots will buy this, take the opportunity and dump!

lol...  I will revisit this post in a few months.


-tb-

[FiiNALiZE]

Still rooting for WDC but I bought some DGC to diversify. 

[hanzac]

lol...  I will revisit this post in a few months.


-tb-

I don't think take these people a few serious is a good idea. They just wasting your energy & your time & profit themselves by a few "donations" from underground.

[krasnyoktyabr]

Is it really true that that this was a no instamine, good fair launch?

I was not aware that any of the recent spate of coins had not been just another instamined / "pre-mined right in front of your eyes, come join the pre-mine, massively more blocks per hour than the purported eventual target time" orphan-fest bullshit a second or less per block types of "launch" ?

What percent of the coins mined in the first 100 days were mined the first day?

-MarkM-

Approximately the same number of coins were mined in the first 24 hours as each subsequent day. I believe about 120k were mined the first day, but the target is 86,400 per day. Not perfect, but damn near perfect. Certainly better than anything we've seen so far.

[moody123]

Again, people feel threatened because of their investments elsewhere. Haters are just trying to protect those investments. Their choice =P

[xan_The_Dragon]

There was no dump. And nothing is over.

Look at the market history to see all the legitimate buys to this level before making false accusations.

We shall see. However past experience tells me that a coin tripling in price within a month of release is NEVER a good thing. Let's see how it turns out 2 weeks from now.

What are you comparing this too? Because, as far as I know, its never happened before...

um see ltc chartsva fewc montghs ago

[erk]

Is it really true that that this was a no instamine, good fair launch?

I was not aware that any of the recent spate of coins had not been just another instamined / "pre-mined right in front of your eyes, come join the pre-mine, massively more blocks per hour than the purported eventual target time" orphan-fest bullshit a second or less per block types of "launch" ?

What percent of the coins mined in the first 100 days were mined the first day?

-MarkM-

Approximately the same number of coins were mined in the first 24 hours as each subsequent day. I believe about 120k were mined the first day, but the target is 86,400 per day. Not perfect, but damn near perfect. Certainly better than anything we've seen so far.

Starts are always messy, a certain number of bocks have to be found before a diff re-target kicks in,  and the blocks come quickly initially, that's why you back off the rewards. Also you get a lot of orphans at the start until the difficulty creeps up, so it took a couple of hours solo mining before I found any blocks.  After a few hours it had pretty much sorted itself out as p2pools came on line and people mostly stopped solo mining.

[Starlightbreaker]

Been mining DGC from day 1. Not selling it any time soon.

I have great trust in Baritus. Never seen a dev buying his own coins on Bitcointalk before, soon after its launch.

Hey kiddy,

Look up user Coinhunter and realsolid and solidcoin. He essentially was buying his own coins too.

Along with a bunch of underhanded things he did.

So don't trust too easily a human. Trust the network.

hey now, he runs mcxnow.com these days.

[moody123]

There was no dump. And nothing is over.

Look at the market history to see all the legitimate buys to this level before making false accusations.

We shall see. However past experience tells me that a coin tripling in price within a month of release is NEVER a good thing. Let's see how it turns out 2 weeks from now.

What are you comparing this too? Because, as far as I know, its never happened before...

um see ltc chartsva fewc montghs ago

That obviously didn't go too well for LTC eh?

[LittleDigger]

Volitility in the marketplace? There's something you don't see everyday!

[Sondey10mg]

typical pump and dump. this one is easier because of the low volume. Pumping WDC would be a lot more difficult.

Only idiots will buy this, take the opportunity and dump!

Last time I checked the volume of DGC was way higher than the volume of WDC. I think you are the idiot?

[collapse]

Same question here....

Coins day:
Coin :: ~typical:: expected :: inflation BTC
WDC :: 177,000:: 184,320   :: 27
DGC :: 85,000  ::  86,400    :: 38
AMC :: 36,000  :: 57,600     :: ?
YAC  :: 20,000  ::  ?             :: 8
FRK  :: 600       :: 720          :: 1


http://cryptometer.org

[digitalindustry]

There was no dump. And nothing is over.

Look at the market history to see all the legitimate buys to this level before making false accusations.

Not yet. given you are likely one of the largest holders.

But at some point you have bills to pay which means ...CASH OUT = DUMP

agreed - even if they are trying to pull a slow motion pump dump by funneling institutional cash back into the currency from the Cryptsy exchange - and from the pools , that's not real money , nibble is gaining real outside investors - real new money = actual gains , we maybe slower , but yours is a pump dump in slow mo.

because in the end you are going to want your cash back. - and 200 mil coins is a lot. ya know. : D

{but i'm happy for digicoin to be the focus of the BTC crowd,  intense protective (and futile) anger at the moment   )

: D

[Hydroponica]

Didn't you know? DGC is doing well, because I support it. GLD is failing, because I bash it.