★★DigiByte|极特币★★[DGB]✔ Core v6.16.5.1 - DigiShield, DigiSpeed, Segwit

[theking7426]

So the general consensus seems to be that idcray took the DGB and ran? There goes ~10k I guess 

Same here

Yep, close to 9k if im correct for me.

[1701765197]

1701765197

[1701765197]

1701765197

[DarknessYY]

http://dgb.idcray.com/  it is fine   the coins are all in

[xazure]

i lost coin 35k DGB.it's pool sever close http://dgb.idcray.com:808

please solve

my DGB address:DALBdGDYMZzXNP1RxmDHpNfhMzMGdLQ6fCun

I lost about 4K

Has anyone had any contact with the pool administrator? Last we heard they were getting DDOSD?

I lost ~10K, including the last Withdrawal (9.5K). I think the pool administrator is premeditated. He increase the translation fee (5 dgb per TX) to make us do Withdrawal with big acount (leave more DGB coins on his server). Then he said his pool were getting DDOSD. After that, he disappear, and our DGBs disappear too.

If I am wrong, I will say sorry to my Chinese friend (the pool admin).

After some search, I think the pool admin's wallet is following, and now he is cash them out.

http://altexplorer.net/address/DAVY2savYBEqt99uBxs667Fgcb1dwc1XTh

MY Withdrawal is successful just now.  And sorry for my suspecting about this pool.

[DigiByte]

Great to hear you have been able to withdraw coins from the pool!

[Freekiiee]

Yes got mine also, pfew!

[creativecuriosity]

@ dgb.Get-By.com we have had more than our share of attacks as well. DDoS is a hard problem to face... we got hammered right at launch time. 

Luckily we were able to withstand almost all of it and stayed up all but a couple minutes.

We did choose to go into maintenance mode, however, to protect the coins when the first set of user passwords that were stolen from Xtrapool started being used to login at our pool.

It has been a rough launch in that sense.  There are those that would rather this coin not make it.
They don't want to share their lunch.

I say that is all the more reason that we take it

[DigiByte]

It is sad to see so many attacks on DigiByte mining pools and if we could put a stop to it we would. On the flip side it means people see a lot of potential in DGB if they are going to go through all the trouble to launch an attack.

Please make sure to use a different password on each pool! Also encrypt and back up your wallets!

[Gingermod]

It is sad to see so many attacks on DigiByte mining pools and if we could put a stop to it we would. On the flip side it means people see a lot of potential in DGB if they are going to go through all the trouble to launch an attack.

Please make sure to use a different password on each pool! Also encrypt and back up your wallets!

Maybe they're just trying to hack your pump n' dump coin so they can dump more themselves :^)

[creativecuriosity]

It is sad to see so many attacks on DigiByte mining pools and if we could put a stop to it we would. On the flip side it means people see a lot of potential in DGB if they are going to go through all the trouble to launch an attack.

Please make sure to use a different password on each pool! Also encrypt and back up your wallets!

Maybe they're just trying to hack your pump n' dump coin so they can dump more themselves :^)

Can only hash so much, the lower it goes the cheaper it is to buy until people realize it isn't going anywhere.

[DigiByte]

We have no plans to "dump." Why kill something that has the potential to be used in brick & mortar retail stores around the world? DigiByte has the potential to become a billion dollar payment system in the next couple years. As stated several times, we are in this for the long haul.

We are in the process of establishing an actual foundation and partnering with an existing 501 3(c) organization. Many discussions are underway right now.

[DigiByte]

We have also received many messages from merchants thinking of using DigiByte as payment system because it makes sense to them once it hits an exchange. They avoid bank fees, there is enough coins to make the price around $1-$10's and they love the name.

[DigiByte]

Also wanted to note we will be adding some more checkpoints with the QR code/ android release. And as stated before it will not be a mandatory update.

[Gingermod]

We have also received many messages from merchants thinking of using DigiByte as payment system because it makes sense to them once it hits an exchange. They avoid bank fees, there is enough coins to make the price around $1-$10's and they love the name.

You think you're going to have a marketcap 1x-10x larger than bitcoins? Yeah good luck, and we both know when this hits an exchange it's going to get dumped to shit. Smart thinking with that double block reward and pre-mine distribution. :^)

[creativecuriosity]

We have also received many messages from merchants thinking of using DigiByte as payment system because it makes sense to them once it hits an exchange. They avoid bank fees, there is enough coins to make the price around $1-$10's and they love the name.

Unfortunately, there WILL be a dump.  Every new coin that hits the exchange has an initial pump/dump.  Every single one.  The questions isn't whether the coin will go through the standard cycle of being introduced.  The question is how much real value does the coin have.  

A coin with no real value will pump, dump, and then slope downward to 1 satoshi or until 0 volume, it is then removed from the exchange.

The wild ride at the beginning will happen, but the aim to have enough value in the coin that after it does the value begins an upward sloping trajectory or levels out at it's actual value as more coins are mined and market cap grows.

Everyone should be prepared for growing pains.  Just don't be the guy who bought a pizza for 10 million DGB and a year or so regrets giving up a fortune for a pizza.

[DigiByte]

Yes we agree there will be a dump. Our point was it will not be from us. But yes every coin goes through the cycle. Miners need to pay for electricity etc.

[DigiByte]

Everyone should be prepared for growing pains.  Just don't be the guy who bought a pizza for 10 million DGB and a year or so regrets giving up a fortune for a pizza.

Pizza sounds tasty right now, but not for $10,000,000.000 

[sammy007]

Everyone should be prepared for growing pains.  Just don't be the guy who bought a pizza for 10 million DGB and a year or so regrets giving up a fortune for a pizza.

Ok, it follows that 1000 DGB = 1 BTC. Nice!

[Gingermod]

We have also received many messages from merchants thinking of using DigiByte as payment system because it makes sense to them once it hits an exchange. They avoid bank fees, there is enough coins to make the price around $1-$10's and they love the name.

Unfortunately, there WILL be a dump.  Every new coin that hits the exchange has an initial pump/dump.  Every single one.  The questions isn't whether the coin will go through the standard cycle of being introduced.  The question is how much real value does the coin have.  

A coin with no real value will pump, dump, and then slope downward to 1 satoshi or until 0 volume, it is then removed from the exchange.

The wild ride at the beginning will happen, but the aim to have enough value in the coin that after it does the value begins an upward sloping trajectory or levels out at it's actual value as more coins are mined and market cap grows.

Everyone should be prepared for growing pains.  Just don't be the guy who bought a pizza for 10 million DGB and a year or so regrets giving up a fortune for a pizza.

Yeah cause Digibyte has so much value and innovation, it'll certainly triumph over the early dumps! I mean it's not like there was any pre-mining or double block rewards... Seems pretty dump proof to me.

[Gunther]

Everyone should be prepared for growing pains.  Just don't be the guy who bought a pizza for 10 million DGB and a year or so regrets giving up a fortune for a pizza.

Ok, it follows that 1000 DGB = 1 BTC. Nice!

Well, I don't think that's gonna happen. I really like DGB, but there are too many. (21 billion). Don't you think $1 (for instance) is a little optimistic?

[eboard10]

We have no plans to "dump." Why kill something that has the potential to be used in brick & mortar retail stores around the world? DigiByte has the potential to become a billion dollar payment system in the next couple years. As stated several times, we are in this for the long haul.

We are in the process of establishing an actual foundation and partnering with an existing 501 3(c) organization. Many discussions are underway right now.

Digibyte, I really like what you're saying and this makes me want to mine even more DGBs as your aim is to turn this cryptocurrency into something concrete rather than it just becoming another coin purely for market speculation and profit making.

Have you layed out any long-term business plan in terms of the strategy you are going to implement in order to achieve your goals? Just curious to know. I have high expectations for DGB!