[DGC] $30,000 Investment Acquired

[Hydroponica]

# of coins is irrelevant when calculating market cap.

(# of total coins) X (Value per Coin) = Market Cap

[seleme]

Why post about it here? Why not just make something happen with it?

Because that's his usual tactic when price reach this level. Not his only tbh, other devs do it too but he is one of pioneers.

[everybodyclapyohands]

Incredible news! Let the haters talk this down. They'll see soon enough that DGC is a real business with long term goals and huge growth potential.

[Sondey10mg]

Why post about it here? Why not just make something happen with it?

He's posting it here and is doing something with it. Haters gonna hate

Great work Baritus!

[ahmed_bodi]

# of coins is irrelevant when calculating market cap.

I nominate this for "idiot post of the day"

Any seconds?

~BCX~

i definitly second

[bob131313]

# of coins is irrelevant when calculating market cap.

I nominate this for "idiot post of the day"

Any seconds?

~BCX~

i definitly second

Where do we send the NUGS?

[ahmed_bodi]

to IGotSpots

[Snail2]

Great news for the community. What does it mean in practice?

[mikey2011]

# of coins is irrelevant when calculating market cap.

I nominate this for "idiot post of the day"

Any seconds?

~BCX~

I think what he was trying to say is you can have any amount of coins but that don't mean shit if they aren't worth anything.

[mercSuey]

Is it known what country this exchange is based?

[mikey2011]

Is it known what country this exchange is based?

Who holds the fiat?  Is there a fee for merchants?  Are there any user fees?

The exchange holds the fiat. The merchant/user fees as well as other financial details will be posted when finalized.

The servers will be located in Panama and as posted in the earlier thread, all payment processing is through third party processors.

[gerXhonza]

Good news because I already have some DGC

[baritus]

Great news for the community. What does it mean in practice?

It means there will be much more funding to invest in raising awareness through advertising.

I always announce ahead of time so the community(which own this coin together) know what is going on with their holdings. Are you seriously suggesting you prefer I keep every stakeholder in the dark? That's moronic.

[techbytes]

Great job in getting the investors on board the DGC train.  Sooner or later, this train is going to take off and you don't want to miss it.


-tb-

[CoinHoarder]

Translation of the OP:

Buy DGC now so I'll be rich!

[r32godzilla]

Translation of the OP:

Buy DGC now so I'll be rich!

Spoken like a clueless idiot. If he makes it rich good on him for all his hard work, alot of other people will do well too if this all takes off. Maybe he also gets satisfaction in helping to change the Crypto landscape and bring a new way of buying/selling goods and services to the wider community via digital currency.

 The fact is he could have taken off many times with all the dgc funds if he wanted to but hasn't. Instead he has already started numerous services like dgcmarket, digiclick and the digitalcoin website/forums and has been heavily in development for months as we know with this new exchange. It should show people how committed he is to seeing dgc succeed.

Can't wait to see how all this pans out over the coming months. Exciting times ahead!

[cryptocoinsnews]

http://www.cryptocoinsnews.com/2013/08/22/dgc-30000-investment-acquired/

[cryptocoinsnews]

www.cryptocoinsnews.com/2013/08/22/dgc-30000-investment-acquired/

[flyingcat]

lol, you can announce any good news as you like, the fact is, that the Goldcoin's market cap just passed DGC, and DGC's market cap is less than half of that of IFC (or more precisely a little more than 1/3 - 36% of IFC). Go figure.
http://coinmarketcap.com/

IFC, 74 million coins.
GLD, 25 million coins.

Your joking, right?

DGC, 7 million coins,

For once I agree with Hydro.



~BCX~

someone is dumb here?? we talk about market cap, is it related to how many coins out there? It is irrelevant!

[just_me]

Good news about the $30000 investment acquired.

Thank you for posting and letting us all know about it.

Traders and investors like to know about these kinds of things.


current price x total number of coins to be made = market cap


Therefore Goldcoin did not surpass Digitalcoin at all in market cap. Not even close.

How many coins are going to be made for DGC? 200,000,000

Whereas Goldcoin is having somewhere around 100-120 million.

Goldcoins price per coin was much lower than DGC, and the total number of coins to be made is less as well, so there is absolutely no way  that Goldcoin came even close to DGC market cap.

I do not know what you call the similar calculation in regards to the total number of coins currently in circulation.

current price X total number of coins currently in circulation  =  (not the market cap) (don't know what this might be called)

compared to:

current price X total number of coins to be created = MARKET CAP

That is what i think.