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[jdebunt]

Please tell me you did notice that the network hash dropped from 5.9 mhash during hour 1, to .48 mhash hour 2.

I was there the minute DGC got launched, and there was no premine. There can be several reasons why the network hashrate dropped for an hour, if my memory serves me right i was getting a lot of orphan blocks during hour 2, because the blocks i found during hour 2 were still the same blocks as found during hour 1. The block generation got overrun in hour 1, because a LOT of people were mining it, and we paid for it in hour 2. After that, everything went back to normal.

There is no premine, now shush

[r32godzilla]

Also add to that the king of MEGA hashrates Steve Lam was mining it from the start and you can see where all the early coins went NOT to the dev. See link below.

https://bitcointalk.org/index.php?topic=209508.msg2209198#msg2209198

[Hazard]

Obviously everything he writes is self-serving -- why else would he do it? As was mentioned earlier, this guy is famous for making scamcoins. Once the average altcoin investor became a bit less naive, his lather, rinse, repeat scamcoin profits began to drop. Every article he writes will praise coins that he is holding...and rip apart coins he isn't. He is (erroneously) assuming that people will take him seriously and his self-serving articles will affect trading/mining decisions.

His Megacoin review contains blatantly false information that can easily be completely discredited (this is how I stumbled upon his blog.) I haven't taken the time to really look through anything else...but it's pretty obvious this bozo is motivated by greed. Just by all of us talking about him, regardless of whether it's positive or negative, we're continuing to inflate his massively oversized ego.

You are mistaken in your reasoning. I bash coins that have a bad foundation. As a result, I do not own them. That should make sense to you. Coins that I feel have a good foundation, I obviously own. That should also make sense to you.

And you of all people are no stranger to supporting your coin while bashing others. Just look at your post history. So don't be a hypocrite. The difference between me and you is that I don't support a coin solely because I have invested in it. I support a coin only if it has a good foundation. Owning it is a side effect of that.

In the case of DGC, I only have about a 3 BTC stake in it, so I don't have much to gain or lose either way. By no means do I think it is a perfect coin, but compared to the other altcoins out there... It's much better.

[Buffer Overflow]

You are mistaken in your reasoning. I bash coins that have a bad foundation. As a result, I do not own them. That should make sense to you. Coins that I feel have a good foundation, I obviously own. That should also make sense to you.

Makes plenty of sense to me.

Problem here is the supporters of the coins with bad foundations rather you kept quiet about the bad foundations, so they tend to get all arsey when it gets mentioned.

[techbytes]

New article about digitalcoin: http://cryptolife.net/digitalcoin-the-diamond-in-the-rough/

Nice article on DGC. Well done.  

Lol, DGC no premine? No need to brag and everyone can see the DGC premine here in this 96-hour diagram:
http://cryptometer.org/digitalcoin_96_hour_charts.html

Also I can hardly believe a famous scamcoin maker now becomes "unbias" alt coin commentator. Those who were in this forum 5-6 months ago know how many samecoins you made here, including a famous V-coin:
https://bitcointalk.org/index.php?topic=221190.0

and her companion S-coin already in cryptsy, why not make an effort to put her there too

Going through your articles in CryptoLife, a part from this one sounds pretty flattering, the rest seem pretty decent. Good job, Hazard!

Are you still going on about a premine? Laughable. Dgc is widely regarded as amongst the fairest launched alt coins ever. Even you yourself said so here:

https://bitcointalk.org/index.php?topic=264938.msg2836952#msg2836952

As mentioned in that thread:

First DGC Block (excluding genesis block of 50 DGC) was mined at 09:57:27 AM(UTC), about a minute and a half after the client was launched at 09:55:53 AM (UTC)

Take a chill pill Phil.

Excuse me? Are you blind? or you pretend to be blind? take a look again at the 96-hour curve, it is generated from the blockchain, and it does not lie:
http://cryptometer.org/digitalcoin_96_hour_charts.html

1st hour: 4099 blocks mined, or 9698 DGCs, with diff at 0
2nd hour: only 102 blocks mined, diff at virtually 0 too.
3rd hour and afterwards, normal blocks mined considering instamining at the beginning.

What these mean? clearly, dev premined 1st hour (and some portion of 2nd hour), for something about 10000 DGCs, then he started to launch the coin in the forum etc, causing virtually no mining at hour 2, then from hour 3 and onwards, you see people joined and hashrate/diff increase, with clear instamining to about hour 6.

The curves say all, everyone please look at the curves and judge yourselves.

I have to say that 10000 DGCs premined by dev is not many, especially compared to some coins at that time such as CNC, FTC, etc, but don't tell me there's no premine.

If you still think DGC was instamine with the below reward schedule, then apparently, you are clueless.  Enough said.

Block
1080 -  Difficulty up until here is 0.00024414. Block reward of 2.

2160 -  Difficulty up until here is 0.00024414. Block reward of 1.

3240 -  Difficulty up until here is 0.00097656. Block reward of 2.

4320 -  Difficulty up until here is 0.00390624. Block reward of 5.

5400 -  Difficulty up until here is 0.01562496. Block reward of 8

6480 -  Difficulty up until here is 0.06249984. Block reward of 11.

7560 -  Difficulty up until here is 0.24999936. Block reward of 14

8640 -  Difficulty up until here is 0.98165069. Block reward of 17.


-tb-

[okie_freemen]

Funny DGC claims all this great fair launch, but now Baritus changes the reduces the reward by more than 50%, so actually, DGC is no better than any other reward reduction scam pyramid coin, were Baritus changes the economy after loading up on cheap DGC.  No THX!

[bholzer]

You are mistaken in your reasoning. I bash coins that have a bad foundation. As a result, I do not own them. That should make sense to you. Coins that I feel have a good foundation, I obviously own. That should also make sense to you.

Makes plenty of sense to me.

Problem here is the supporters of the coins with bad foundations rather you kept quiet about the bad foundations, so they tend to get all arsey when it gets mentioned.

I just get irritated when blatantly false information is spread around about coin(s) I support (or any coin, really.) If he has to lie about facts and make baseless accusations/assumptions to make his point, how does that make sense?

If you want to blindly follow a guy who built his altcoin presence on top of the dozens of scamcoins he made, be my guest.

[Hazard]

All the data I use is pulled from the blockchain... Do you mean to say that the blockchain is lying?

[baritus]

Funny DGC claims all this great fair launch, but now Baritus changes the reduces the reward by more than 50%, so actually, DGC is no better than any other reward reduction scam pyramid coin, were Baritus changes the economy after loading up on cheap DGC.  No THX!

Public poll backing the change: http://digitalcoin.co/forums/index.php/topic,170.0.html

Democratic changes taken by the stakeholders are a positive and show the ability to adapt. Look up your facts before you speak next time, would you?

The inflation rate was widely seen as unsustainable and so action was taken by those involved to fix that issue amongst others. If you can't see adaptability like that as a positive, you're not looking at the right angle.

[kelsey]

And you of all people are no stranger to supporting your coin while bashing others. Just look at your post history. So don't be a hypocrite.

but no one in this thread apart from you is making claims of being "unbiased", which in your case is an effort to con those who don't know who you are into believing your self serving opinion is an honest unbiased independent review.......furthering your reputation as a scamartist.

[Hazard]

but no one in this thread apart from you is making claims of being "unbiased", which in your case is an effort to con those who don't know who you are into believing your self serving opinion is an honest unbiased independent review.......furthering your reputation as a scamartist.

I judge all coins by the same set of criteria:

http://cryptolife.net/the-anatomy-of-a-scamcoin-7-things-to-know-before-investing-in-an-altcoin/

Any perceived "biases" stem from that. Sorry that I don't like the coin you've invested in

[techbytes]

Funny DGC claims all this great fair launch, but now Baritus changes the reduces the reward by more than 50%, so actually, DGC is no better than any other reward reduction scam pyramid coin, were Baritus changes the economy after loading up on cheap DGC.  No THX!

I would rather hold 10k DGC that has value then 100k DGC that is digging its own grave.

-tb-

[dreamhouse]

Please tell me you did notice that the network hash dropped from 5.9 mhash during hour 1, to .48 mhash hour 2.

I was there the minute DGC got launched, and there was no premine. There can be several reasons why the network hashrate dropped for an hour, if my memory serves me right i was getting a lot of orphan blocks during hour 2, because the blocks i found during hour 2 were still the same blocks as found during hour 1. The block generation got overrun in hour 1, because a LOT of people were mining it, and we paid for it in hour 2. After that, everything went back to normal.

There is no premine, now shush

lol, do you have the minimum knowledge of how the p2p coin works? If it has a lot of orphans because a lot people joined mining, you don't see the block rate drop, instead you will see block rate increase because of instamining and you will see the hashrate increase big time. You actually see this after hour 3. Have you ever heard a lot hashpower joined and the block rate actual declined? Go check the 96 hour curves for all other coins and find me one which behaved like this:
http://cryptometer.org

Are you in your dream? What a joke, when people make up things.

The facts are shown in the 96 hour charts:
http://cryptometer.org/digitalcoin_96_hour_charts.html

and I put some comments for those innocent children to understand in the below diagram. BTW, more people here defending DGC does not change the facts. Facts are facts, it's simple.

[Hazard]

You are throwing a shitfit over 10k DGC. An amount equal to 1.4 BTC. That is insignificant.

On my site's comments, you praised worldcoin, despite it having a 200k premine followed by an additional 200k instamine. Get over yourself.

[Vivisector999]

Weird, when I try to go to the site, Sophos has blocked it, as it has a trojan on it. 

[dreamhouse]

You are throwing a shitfit over 10k DGC. An amount equal to 1.4 BTC. That is insignificant.

On my site's comments, you praised worldcoin, despite it having a 200k premine followed by an additional 200k instamine. Get over yourself.

I did not say WDC has no premine. Look at the charts:
http://cryptometer.org/worldcoin_96_hour_charts.html

at launch time, 6560 WDCs premined. Not the 200k as you said.

[Hazard]

Weird, when I try to go to the site, Sophos has blocked it, as it has a trojan on it.  

Shared hosting. Someone on the same IP as me is pushing badware. Some AV software blanket blocks based on IP. Here's a second and third opinion:

http://www.avgthreatlabs.com/website-safety-reports/domain/cryptolife.net
http://sitecheck.sucuri.net/results/cryptolife.net

You are throwing a shitfit over 10k DGC. An amount equal to 1.4 BTC. That is insignificant.

On my site's comments, you praised worldcoin, despite it having a 200k premine followed by an additional 200k instamine. Get over yourself.

I did not say WDC has no premine. Look at the charts:
http://cryptometer.org/worldcoin_96_hour_charts.html

at launch time, 6560 WDCs premined. Not the 200k as you said.

Bullshit. By hour 47 there was 200k WDC created, but hash rate was only at 3.52 MH.

Are you unable to read the charts? Do I need to make an infographic for you?

[dreamhouse]

Weird, when I try to go to the site, Sophos has blocked it, as it has a trojan on it.  

Shared hosting. Someone on the same IP as me is pushing badware. Some AV software blanket blocks based on IP. Here's a second and third opinion:

http://www.avgthreatlabs.com/website-safety-reports/domain/cryptolife.net
http://sitecheck.sucuri.net/results/cryptolife.net

You are throwing a shitfit over 10k DGC. An amount equal to 1.4 BTC. That is insignificant.

On my site's comments, you praised worldcoin, despite it having a 200k premine followed by an additional 200k instamine. Get over yourself.

I did not say WDC has no premine. Look at the charts:
http://cryptometer.org/worldcoin_96_hour_charts.html

at launch time, 6560 WDCs premined. Not the 200k as you said.

Bullshit. By hour 47 there was 200k WDC created, but hash rate was only at 3.52 MH.

Are you unable to read the charts? Do I need to make an infographic for you?

I think it's the ramp up after launched. BTW, your famous V-coin was not premined, and we all appreciate your generosity
https://bitcointalk.org/index.php?topic=221190.0

Is your S-coin premined by the way? 

[ethought]

but no one in this thread apart from you is making claims of being "unbiased", which in your case is an effort to con those who don't know who you are into believing your self serving opinion is an honest unbiased independent review.......furthering your reputation as a scamartist.

I judge all coins by the same set of criteria:

http://cryptolife.net/the-anatomy-of-a-scamcoin-7-things-to-know-before-investing-in-an-altcoin/

Any perceived "biases" stem from that. Sorry that I don't like the coin you've invested in

Hazard - If you want to be taken seriously at least balance the negativity with some positive analysis.

What coins, according to you criteria, do you give the tick of approval?

[baritus]

There was no pre-mine and that was confirmed by the first miners who checked the block height. There is an irregularity in that chart but look at a block explorer and you see mining was happening at the same rate. Also, there would be no point pre-mining blocks I purposefully made pretty much worthless and it didn't happen. I've also given out way more than that in just giveaways, so another of the pointless pretences busted.