|
24hralttrade
|
 |
April 30, 2015, 07:54:08 PM
Last edit: April 30, 2015, 08:04:49 PM by 24hralttrade |
|
|
|
|
|
|
|
|
Each block is stacked on top of the previous one. Adding another block to the top makes all lower blocks more difficult to remove: there is more "weight" above each block. A transaction in a block 6 blocks deep (6 confirmations) will be very difficult to remove.
|
|
|
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
|
|
|
|
|
Bluestreet
Legendary
 Offline
Activity: 988
Merit: 1000
|
|
April 30, 2015, 08:24:12 PM |
|
Very interesting. I also believe the good altcoins like Digi and NLG will rise with it. |
|
|
|
|
Jumbley
Legendary
Offline
Activity: 1218
Merit: 1003
|
|
April 30, 2015, 08:32:49 PM |
|
Very interesting. I also believe the good altcoins like Digi and NLG will rise with it. If BTC doubles in fiat so does DGB, the only shame will be that we are not nearer our target price when everything kicks off! |
|
|
|
|
|
hammo
|
|
April 30, 2015, 10:12:00 PM |
|
like I said, there is middle ground here. Only a fool is going to spend all of their DGB now!  And only a fool doesn't spend their DGB and then buy more to replace it. If you were going to spend cash and there is a digibyte option then use digibytye, then use that cash to buy more didgbyte. If you purchase more digibyte at the same time as spending it, you won't be caught with price fluctuations. It's a trading coin, not a hoarding one. You will make a lot more money this way. |
|
|
|
|
Jumbley
Legendary
Offline
Activity: 1218
Merit: 1003
|
|
April 30, 2015, 10:54:59 PM |
|
like I said, there is middle ground here. Only a fool is going to spend all of their DGB now! And only a fool doesn't spend their DGB and then buy more to replace it. If you were going to spend cash and there is a digibyte option then use digibytye, then use that cash to buy more didgbyte. If you purchase more digibyte at the same time as spending it, you won't be caught with price fluctuations. It's a trading coin, not a hoarding one. You will make a lot more money this way. We discussed this, the problem for many is converting their fiat quick enough. Then you have to acquire enough DGB at the right price for whatever you are buying so really you need to do this first. I am not going to spend DGB I mined when it cost me more to mine than I can exchange it for on the market, no serious miner will. Did you read any of the other posts regarding this? |
|
|
|
|
|
hammo
|
|
May 01, 2015, 12:26:36 AM |
|
like I said, there is middle ground here. Only a fool is going to spend all of their DGB now! And only a fool doesn't spend their DGB and then buy more to replace it. If you were going to spend cash and there is a digibyte option then use digibytye, then use that cash to buy more didgbyte. If you purchase more digibyte at the same time as spending it, you won't be caught with price fluctuations. It's a trading coin, not a hoarding one. You will make a lot more money this way. We discussed this, the problem for many is converting their fiat quick enough. Then you have to acquire enough DGB at the right price for whatever you are buying so really you need to do this first. I am not going to spend DGB I mined when it cost me more to mine than I can exchange it for on the market, no serious miner will. Did you read any of the other posts regarding this? Errr, yes and I hear the same thing over and over. So the root cause is: a fast fiat -> DGB exchange, so we are getting somewhere, and that needs to be addressed before the serious roll out of merchants. It'll be hard enough to sell the idea to the merchants in the first place, but when this happens it'll be nice if people have the spend mentality rather than the horde mentality like all the other failed coins. The BTC Pizza Purchase is an important lesson. Everyone harps on about how much money that guy could have made if he kept the coins, but they missed the point. If he didn't do it, then he hasn't proven the concept and perhaps it doesn't take off. With 20-20 hindsight, when you spend $25 worth of DGB on a pizza be smart and buy back $25 worth of DGB, and then you won't have any regrets. That's all I'm saying. But the take home message is 'we' need to spend the $25 on a 'pizza', if this coin is going places. |
|
|
|
|
bogglor
Sr. Member
Offline
Activity: 266
Merit: 250
DigiByte? Yes!
|
|
May 01, 2015, 12:34:15 AM |
|
A person shouldn't be thinking "I can buy $25 worth of pizza for 200k DGB"
That person should be thinking, "I can buy pizza for DGB"
The value of a DGB is not important. Acceptance as a means of exchange in the marketplace is the important thing.
|
My current miner setup: Linux - Ubuntu 12.04, Two 1.3Mh/s Scrypt ASICs, Two Radeon HD 7850 GPU mining different algos (usually qubit or skein). Click here for my DGB Address QR code. DGB Address: D6ZLjbSWu2mse3EqtoSn93nFrJ85wPKBF5 I have the DGB Gaming Wallet on my Galaxy S6 |
|
|
|
vince232
|
|
May 01, 2015, 06:16:49 AM |
|
A person shouldn't be thinking "I can buy $25 worth of pizza for 200k DGB"
That person should be thinking, "I can buy pizza for DGB"
The value of a DGB is not important. Acceptance as a means of exchange in the marketplace is the important thing.
well you say value is not important. but i bet you are here because of the potential of dgb which can bring you a big fortune. let us not be hypocrites here. we are all here for the potential returns DGB can bring to us after how many years. acceptance of DGB is equally important as well for dgb to rise. so please stop with value isnt important |
|
|
|
|
|
The_Cashier
|
|
May 01, 2015, 06:49:10 AM |
|
A person shouldn't be thinking "I can buy $25 worth of pizza for 200k DGB"
That person should be thinking, "I can buy pizza for DGB"
The value of a DGB is not important. Acceptance as a means of exchange in the marketplace is the important thing.
well you say value is not important. but i bet you are here because of the potential of dgb which can bring you a big fortune. let us not be hypocrites here. we are all here for the potential returns DGB can bring to us after how many years. acceptance of DGB is equally important as well for dgb to rise. so please stop with value isnt important Yeah value will be important when adopted. |
|
|
|
|
|
|
|
|
o0o0
Legendary
Offline
Activity: 1596
Merit: 1021
|
|
May 01, 2015, 08:47:11 AM |
|
That guy on 47 sat makes a smart move  Thank you for your kind words  . It'll join my stash of 38,000,000 already. I hold bitcoin and digibyte only. Other coins i get through trades, rewards etc i convert to btc and 50/50 convert to digibyte. I actually need some for a gaming/crypto project i'm working on that will use dgb as the base reward system. Mainly because of its development activity and low value coin as opposed to bitcoin and the speed of confirmations makes it ideal for me. |
|
|
|
|
o0o0
Legendary
Offline
Activity: 1596
Merit: 1021
|
|
May 01, 2015, 08:48:21 AM |
|
That guy on 47 sat makes a smart move yes, but the person who fills his order is a knob!  No they wouldn't be stop discouraging them. Sharing is caring so i encourage them to share with me. I'll share my 12.76btc if you share your digibytes with me |
|
|
|
|
Jumbley
Legendary
Offline
Activity: 1218
Merit: 1003
|
|
May 01, 2015, 08:56:18 AM |
|
That guy on 47 sat makes a smart move yes, but the person who fills his order is a knob! No they wouldn't be stop discouraging them. Sharing is caring so i encourage them to share with me. I'll share my 12.76btc if you share your digibytes with me I like what you are doing but you can't have any of my DGB for that price! Best of luck! |
|
|
|
|
|
CryptoRaver
|
|
May 01, 2015, 09:03:16 AM |
|
That guy on 47 sat makes a smart move Thank you for your kind words . It'll join my stash of 38,000,000 already. I hold bitcoin and digibyte only. Other coins i get through trades, rewards etc i convert to btc and 50/50 convert to digibyte. I actually need some for a gaming/crypto project i'm working on that will use dgb as the base reward system. Mainly because of its development activity and low value coin as opposed to bitcoin and the speed of confirmations makes it ideal for me. Thank you! i am very courius for the gaming project sounds rocking. Keep us posted and if we can do something let us know |
|
|
|
|
o0o0
Legendary
Offline
Activity: 1596
Merit: 1021
|
|
May 01, 2015, 09:33:27 AM |
|
That guy on 47 sat makes a smart move Thank you for your kind words . It'll join my stash of 38,000,000 already. I hold bitcoin and digibyte only. Other coins i get through trades, rewards etc i convert to btc and 50/50 convert to digibyte. I actually need some for a gaming/crypto project i'm working on that will use dgb as the base reward system. Mainly because of its development activity and low value coin as opposed to bitcoin and the speed of confirmations makes it ideal for me. Thank you! i am very courius for the gaming project sounds rocking. Keep us posted and if we can do something let us know Will do. I'll provide updates as it draws near. |
|
|
|
|
|
24hralttrade
|
|
May 01, 2015, 09:41:34 AM |
|
That guy on 47 sat makes a smart move Thank you for your kind words . It'll join my stash of 38,000,000 already. I hold bitcoin and digibyte only. Other coins i get through trades, rewards etc i convert to btc and 50/50 convert to digibyte. I actually need some for a gaming/crypto project i'm working on that will use dgb as the base reward system. Mainly because of its development activity and low value coin as opposed to bitcoin and the speed of confirmations makes it ideal for me. Very intresting! I hope for you that the buy orders will fill but it will be hard to get it all. Looking forward to your project! |
|
|
|
|
|
o0o0
Legendary
Offline
Activity: 1596
Merit: 1021
|
|
May 01, 2015, 09:48:29 AM |
|
That guy on 47 sat makes a smart move Thank you for your kind words . It'll join my stash of 38,000,000 already. I hold bitcoin and digibyte only. Other coins i get through trades, rewards etc i convert to btc and 50/50 convert to digibyte. I actually need some for a gaming/crypto project i'm working on that will use dgb as the base reward system. Mainly because of its development activity and low value coin as opposed to bitcoin and the speed of confirmations makes it ideal for me. Very intresting! I hope for you that the buy orders will fill but it will be hard to get it all. Looking forward to your project! Nah... i've done 47 satoshi buys before of 4BTC and they've been filled. DGB seems to have lots of sells on cryptsy compared to buys. like 1 buy for every 15-18 sells. Been watching it for a while. A good time to purchase. There are a number of miners that appear to be mining direct to their cryptsy deposit address... you can spot them easily. They are the 2338.x sells constantly happening. Seems they are complete block solves from a particular miner. I'm patient watch the higher buys eat away slowly. |
|
|
|
|
Jumbley
Legendary
Offline
Activity: 1218
Merit: 1003
|
|
May 01, 2015, 10:37:07 AM
Last edit: May 01, 2015, 10:59:58 AM by Jumbley |
|
That guy on 47 sat makes a smart move Thank you for your kind words . It'll join my stash of 38,000,000 already. I hold bitcoin and digibyte only. Other coins i get through trades, rewards etc i convert to btc and 50/50 convert to digibyte. I actually need some for a gaming/crypto project i'm working on that will use dgb as the base reward system. Mainly because of its development activity and low value coin as opposed to bitcoin and the speed of confirmations makes it ideal for me. Very intresting! I hope for you that the buy orders will fill but it will be hard to get it all. Looking forward to your project! Nah... i've done 47 satoshi buys before of 4BTC and they've been filled. DGB seems to have lots of sells on cryptsy compared to buys. like 1 buy for every 15-18 sells. Been watching it for a while. A good time to purchase. There are a number of miners that appear to be mining direct to their cryptsy deposit address... you can spot them easily. They are the 2338.x sells constantly happening. Seems they are complete block solves from a particular miner. I'm patient watch the higher buys eat away slowly. It's almost tempting to start a campaign to encourage real digibyte supporters to withdraw their buy orders from crypsy and let your order be filled by these miners dumping their coin. They could then use the time to accumulate BTC and come back with a vengeance once your order is filled. |
|
|
|
|
|
