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benjamoyne
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October 16, 2014, 05:52:36 AM |
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As for pushing the chain along.
You could kill PoW right here and go to 10% PoS and still push that chain along just fine.
Do you need me to list off a dozen coins which are outperforming DGB which have done just that?
Most of you guys are supposed techies and you've been here a long time yet you guys have no clue how any of this stuff works. No wonder there's so many broken down and dying ShitCoins.
The sad part about DGB is the fact that it has a lot potential. But the massive inflation and dilution is literally killing the coin. Real investors will run away from a 21 BILLION bloated crypto. They'll go buy the peso if they wanna lose all their money.
You need to read the mission statement. Theres a reason for so many. People jump in expecting Digibyte to rocket over night, it won't. This is also the first real drop we have had in value in months, plus buy orders are through the roof.  Casino coin is the example I use to show people that cutting block rewards does not increase a coins value. As far as POS, i would dump immediately if this was to happen. We have been told, the guys are finishing the exchange, we have digi-pay coming and there was mention that once digi-pay was complete, Digibyte would be able to be used in more bricks and mortar stores than Bitcoin. (the post is in this thread from the developers) |
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Every time a block is mined, a certain amount of BTC (called the
subsidy) is created out of thin air and given to the miner. The
subsidy halves every four years and will reach 0 in about 130 years.
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HR
Legendary
 Offline
Activity: 1176
Merit: 1011
Transparency & Integrity
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October 16, 2014, 07:24:42 AM |
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The DGB devs obviously don't understand basic economics.
Who cares if there are 80 trillion dollars in circulation. Look at the crypto Eco system, massive oversupply and then they go and double the already massive inflation rate.
It's almost like the devs are purposely trying to kill the DGB price. Either that or their incompetence is great.
Currency value [PRICE] = Transaction Volume/Velocity + 1/Supply
Look at that - you cut the supply which leads to a higher value. Unless you think you can more easily control the other variables; which is infinitely more difficult and costly.
This Economics 101 lesson is free of charge.
Sold 80% of my DGB on the sheer lack of basic understanding here.
Vlad2Vlad, you are starting to really get on my nerves with your nonsense. I see you have posted the same idiocy elsewhere as well: https://bitcointalk.org/index.php?topic=236742.msg8495436#msg8495436 Look, it's obvious that you don't have a clue about what you're talking about and that you're trying to come off as an expert = fraud.That conclusion is supported by the fact that you refuse to address the following REAL LIFE examples: Casino coin is the example I use to show people that cutting block rewards does not increase a coins value.
- Why is DOGE valued around 30 times more then EAC when it has more than 7 times the eventual money supply of EAC?
or
- Why is BTC valued around 1 million times more than CGB when it has 21 times the eventual money supply of CGB?
Everyone, until Vlad2Vlad begins to seriously address the counter arguments and begins to seriously debate with rational arguments instead of spewing his pedantic BS, I suggest we stop replying to his posts. |
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Vlad2Vlad
Legendary
Offline
Activity: 3052
Merit: 1530
www.ixcoin.net
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October 16, 2014, 07:53:31 AM |
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Fair enough guys.
I will refrain from posting anything else about the runaway inflation and dilution.
DGB is otherwise a well developed coin and I really like its image/design best of all.
For those reasons it is worth holding a core position in this coin.
Good luck to all.
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iXcoin - Welcome to the F U T U R E! |
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24hralttrade
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October 16, 2014, 11:24:52 AM |
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Guys, I really insist we get DGB to Bter.com ASAP. I am thinking to send an email to admin@mail.bter.com, support@mail.bter.com, and also you can submit a request as well: http://support.bter.com/hc/en-us/requests/newHow about something like this if we all submit it to above given emails and request tab on bter ? "Dear Bter Staff, We would like you to have a look at our website for DigiByte: http://digibyte.co and see our on-going works on developing DGB and taking it to the next level. We are a well-maintained and organized DGB community, where you can view it from: https://bitcointalk.org/index.php?topic=408268.0 (656 pages at the time). We have had a lot of requests for adding DGB to your exchange. I hope to see your approval for adding DGB to BTER, which will give your exchange a boost as well as our development team and the community. You can see here that we have been mentioned on CNBC, one of the highly watched TV in the US and maybe internationally: http://digibyte.co/news-press-releasesPlease also see what our future plans for DGB: http://digibyte.co/digi-roadmapWe are now in the multi-algo mining phase which were released recently, allowing many people to mine DGB and use it for exploiting the block chain technology. Again, I hope we will get your approval for adding DGB to BTER. Wishing you a great day. Warmest Regards," Done! Good initiative! |
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24hralttrade
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October 16, 2014, 11:28:37 AM |
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Quoting Moolah tweet;
Despite what you may be thinking, MintPal withdrawal is still coming today at around 4PM GMT.
Keep a eye on it and withdraw immediately.
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halinyo
Legendary
Offline
Activity: 1106
Merit: 1000
The future is bright with DigiByte.
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October 16, 2014, 12:35:14 PM |
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Email from BTER  "Dear Sir, Thanks for your information" ... Maybe if many of us do that, then they will be convinced. Please send them continues emails.  |
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ycagel
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October 16, 2014, 01:17:08 PM |
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I sent an email request to add it as well! YC Email from BTER "Dear Sir, Thanks for your information" ... Maybe if many of us do that, then they will be convinced. Please send them continues emails. |
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suchPotato
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October 16, 2014, 02:46:07 PM |
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Quoting Moolah tweet;
Despite what you may be thinking, MintPal withdrawal is still coming today at around 4PM GMT.
Keep a eye on it and withdraw immediately.
Erm, how do you actually request a withdrawal though? I can login and I see my balance, but don't see any way to withdraw |
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24hralttrade
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October 16, 2014, 03:06:52 PM |
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Quoting Moolah tweet;
Despite what you may be thinking, MintPal withdrawal is still coming today at around 4PM GMT.
Keep a eye on it and withdraw immediately.
Erm, how do you actually request a withdrawal though? I can login and I see my balance, but don't see any way to withdraw Under each balance is a text box with the label, "withdraw address". |
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BoscoBlue
Newbie
Offline
Activity: 51
Merit: 0
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October 16, 2014, 05:33:10 PM |
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Quoting Moolah tweet;
Despite what you may be thinking, MintPal withdrawal is still coming today at around 4PM GMT.
Keep a eye on it and withdraw immediately.
Erm, how do you actually request a withdrawal though? I can login and I see my balance, but don't see any way to withdraw Under each balance is a text box with the label, "withdraw address". My withdrawal went through perfectly. It may be confusing because of the big text box below, but you don't need to put anything in there. |
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suchPotato
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October 16, 2014, 05:37:54 PM |
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My withdrawal went through perfectly. It may be confusing because of the big text box below, but you don't need to put anything in there.
It IS confusing. Anyway the withdrawal is manual? I have requested it quite a bit ago |
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djnocide
Legendary
Offline
Activity: 1164
Merit: 1000
Einsteinium Foundation Board Member and Treasurer
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October 16, 2014, 10:22:55 PM |
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My withdrawal went through perfectly. It may be confusing because of the big text box below, but you don't need to put anything in there.
It IS confusing. Anyway the withdrawal is manual? I have requested it quite a bit ago Took less than 3 hours for mine to go through |
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DigiByte (OP)
Legendary
Offline
Activity: 1722
Merit: 1051
Official DigiByte Account
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October 17, 2014, 07:06:34 AM |
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My withdrawal went through perfectly. It may be confusing because of the big text box below, but you don't need to put anything in there.
It IS confusing. Anyway the withdrawal is manual? I have requested it quite a bit ago Took less than 3 hours for mine to go through We are glad to see people have been able to withdraw some of there coins. |
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halinyo
Legendary
Offline
Activity: 1106
Merit: 1000
The future is bright with DigiByte.
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October 17, 2014, 08:14:45 AM |
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DigiByte, Jared... It is good to hear from you. It has been some time.
Do we have any updates on the fate of DGB ? Any solid list of plans etc ? Thanks.
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suchPotato
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October 17, 2014, 09:13:16 AM |
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My withdrawal went through perfectly. It may be confusing because of the big text box below, but you don't need to put anything in there.
It IS confusing. Anyway the withdrawal is manual? I have requested it quite a bit ago Took less than 3 hours for mine to go through As of now the withdrawas still is not processed. I put the dgb address where it says withdrawal address but it disappeared as I ressed save canges so I added a not ein the big box below asking to send the dgb to my address, no answer as of yet... |
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ycagel
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October 17, 2014, 11:26:04 AM |
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ycagel
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October 17, 2014, 04:20:29 PM |
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Just got an email that DGB has been added to the voting list at BTER. Not sure how we get to the top, but it would be nice to get added. Jared, can we tell BTER about our Asian presence? https://bter.com/votingYC |
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djnocide
Legendary
Offline
Activity: 1164
Merit: 1000
Einsteinium Foundation Board Member and Treasurer
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October 17, 2014, 04:30:32 PM |
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Just got an email that DGB has been added to the voting list at BTER. Not sure how we get to the top, but it would be nice to get added. Jared, can we tell BTER about our Asian presence? https://bter.com/votingYC Good news, always good to be added to BTER. |
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halinyo
Legendary
Offline
Activity: 1106
Merit: 1000
The future is bright with DigiByte.
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October 17, 2014, 04:41:16 PM |
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Just got an email that DGB has been added to the voting list at BTER. Not sure how we get to the top, but it would be nice to get added. Jared, can we tell BTER about our Asian presence? https://bter.com/votingYC Good news, always good to be added to BTER. Wow my (OUR) repetitive messages worked at least to get it added I think working with HongKong closely will take DGB to the BTER and some other Chinese market. Otherwise, within vote we are limited and not easy to get to the top, I think. |
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