24hralttrade
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February 05, 2015, 09:41:51 PM |
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We hit market cap $500,000
We have the same value as doge but look at the coin supply difference.
Also check out ripple supply vs digibyte, once people understand this we are really going to take off.
https://www.youtube.com/watch?v=g7IVAH1JauEblocked in my country,USA. Is there anther link? House of Pain - Jump Around
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24hralttrade
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February 05, 2015, 09:50:10 PM |
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it was NOT a bad decision to make 4 DGB pool A awesome job you did there! We have seen pools come and go but you did stay a long time! Thank you
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HR
Legendary
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Activity: 1176
Merit: 1011
Transparency & Integrity
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February 05, 2015, 09:55:25 PM |
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how many of us wish we bought more earlier on? I took my own advice, and then some. Hope my analysis and reasoning was of benefit to everyone else as well. Well the rewards went down & DGBs price followed it, someone on cryptsy just mines the coin & dumps every block, if the reward comes down more with luck it will not be worth mining anymore to dump & possibly the price will go up a bit......TBH if the price continues to fall we will not be far from Pandacoin prices
I have tried many many time to get others involved......you should see the look on there faces when i show them the price charts There has got to be some kind of BIG marketing plan real soon or this is going to be a very very long road to recovery if any recovery at all
Like i said before once you lose the interest of the customers its far to hard to get them to return even if you have something major to offer they will be reluctant to buy in again
We need something fast Jared i sincerely hope you can pull this rabbit out the hat
I know that ready made phrases can seem to be superficial and inadequate consolation, but I'll still sum up my thinking on this by saying that I'm firmly of the opinion that it's not a question of IF but WHEN (assuming the Devs don't shoot themselves in the foot and self-destruct, which is always an outside chance). DGB is still the most profitable coin to mine with GPU technology (and probably with ASIS technology as well, but I haven't done the analysis to be able to say so categorically), and as long as that is the case, and as long as there are miners desperate to pay off initial investment costs as well as daily operating costs (good luck to them on that one), people bringing fiat directly into digital currencies will have a hay day buying DGB. That's the current dynamics of the situation that there's no getting around, and I am confident that if we were to meet both groups at a cocktail party, the only ones complaining would be those miners selling at a loss. Take advantage, and take whatever fiat you can allocate for the purpose and buy DigiByte. Every balanced portfolio should be made up of at least 1% of DigiByte in my humble opinion. That would be around a $1000 USD, or, at current prices, around 22.5 million DGB, for the average portfolio for people aged between 45 and 65. Is that what you've got? I'd go so far as to say that everyone should have at least 20 million DGB, even the newest entry into the workforce, since that even in spite of not having an investment portfolio to begin with, at that age a speculative investment of $1000 USD can easily be recouped in one's working lifetime. I'm so convinced about this that I would say to everyone reading this thread, that if you're following DigiByte and don't have at least 20 million DGB, you'd better start asking yourself what in the world you are waiting for.
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RB25
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February 05, 2015, 10:02:44 PM |
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Wow, 20M DGB. That is impressive, good for you.
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24hralttrade
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February 05, 2015, 10:03:52 PM |
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how many of us wish we bought more earlier on? I took my own advice, and then some. Hope my analysis and reasoning was of benefit to everyone else as well. Well the rewards went down & DGBs price followed it, someone on cryptsy just mines the coin & dumps every block, if the reward comes down more with luck it will not be worth mining anymore to dump & possibly the price will go up a bit......TBH if the price continues to fall we will not be far from Pandacoin prices
I have tried many many time to get others involved......you should see the look on there faces when i show them the price charts There has got to be some kind of BIG marketing plan real soon or this is going to be a very very long road to recovery if any recovery at all
Like i said before once you lose the interest of the customers its far to hard to get them to return even if you have something major to offer they will be reluctant to buy in again
We need something fast Jared i sincerely hope you can pull this rabbit out the hat
I know that ready made phrases can seem to be superficial and inadequate consolation, but I'll still sum up my thinking on this by saying that I'm firmly of the opinion that it's not a question of IF but WHEN (assuming the Devs don't shoot themselves in the foot and self-destruct, which is always an outside chance). DGB is still the most profitable coin to mine with GPU technology (and probably with ASIS technology as well, but I haven't done the analysis to be able to say so categorically), and as long as that is the case, and as long as there are miners desperate to pay off initial investment costs as well as daily operating costs (good luck to them on that one), people bringing fiat directly into digital currencies will have a hay day buying DGB. That's the current dynamics of the situation that there's no getting around, and I am confident that if we were to meet both groups at a cocktail party, the only ones complaining would be those miners selling at a loss. Take advantage, and take whatever fiat you can allocate for the purpose and buy DigiByte. Every balanced portfolio should be made up of at least 1% of DigiByte in my humble opinion. That would be around a $1000 USD, or, at current prices, around 22.5 million DGB, for the average portfolio for people aged between 45 and 65. Is that what you've got? I'd go so far as to say that everyone should have at least 20 million DGB, even the newest entry into the workforce, since that even in spite of not having an investment portfolio to begin with, at that age a speculative investment of $1000 USD can easily be recouped in one's working lifetime. I'm so convinced about this that I would say to everyone reading this thread, that if you're following DigiByte and don't have at least 20 million DGB, you'd better start asking yourself what in the world you are waiting for. +1 HR, Having faith in Digibyte for months and now it's paying of huge! And guess what, I think this is the first stage of liftoff, pumping fuell and heating the turbo engines. There is so much more news to come including the DGB-USD exchange. Soon we will be added by shapeshift and other big platforms and also exchanges with big volume.
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bogglor
Sr. Member
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Activity: 266
Merit: 250
DigiByte? Yes!
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February 05, 2015, 10:09:08 PM |
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Has anyone ever used one of those Bitcoin ATMs? There's one less than an hour drive from me. Was wondering how easy it is to buy BTC from there.
It seems like an easy way to get BTC to buy some DGB with...
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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
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snakey
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February 05, 2015, 10:10:33 PM |
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Ok guys im going to make a call for fun and say we hit 1 million market cap in the next 24 hours.
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Sharkzz1
Sr. Member
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Activity: 880
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Think differently
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February 05, 2015, 10:12:28 PM |
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Has anyone ever used one of those Bitcoin ATMs? There's one less than an hour drive from me. Was wondering how easy it is to buy BTC from there.
It seems like an easy way to get BTC to buy some DGB with...
i assume you are from the USA, well maybe you gotta watch this video: https://www.youtube.com/watch?v=vnm4xFC2xNoit kinda looks like a pain in the ass to buy one bitcoin there, better off buying it online.
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Sharkzz1
Sr. Member
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Activity: 880
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Think differently
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February 05, 2015, 10:13:09 PM |
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Ok guys im going to make a call for fun and say we hit 1 million market cap in the next 24 hours. That's going too fast imo Snakey, let's slow those engines down a bit
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HR
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February 05, 2015, 10:14:09 PM |
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+1 HR, Having faith in Digibyte for months and now it's paying of huge! And guess what, I think this is the first stage of liftoff, pumping fuell and heating the turbo engines. There is so much more news to come including the DGB-USD exchange. Soon we will be added by shapeshift and other big platforms and also exchanges with big volume.
No doubt at all that the show is only just getting started. Where's that beach photo of yours?
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snakey
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February 05, 2015, 10:17:13 PM |
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Ok guys im going to make a call for fun and say we hit 1 million market cap in the next 24 hours. That's going too fast imo Snakey, let's slow those engines down a bit I know its to fast, I'm just saying I think people will rush in and it could get there but come back down a little. Lets see how close I get.
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makishart
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February 05, 2015, 10:22:28 PM |
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Ok guys im going to make a call for fun and say we hit 1 million market cap in the next 24 hours. That's going too fast imo Snakey, let's slow those engines down a bit I know its to fast, I'm just saying I think people will rush in and it could get there but come back down a little. Lets see how close I get. whatever will be the next floor, this is a pump and we all know what happens.. but still I can't see the roof..!
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24hralttrade
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February 05, 2015, 10:29:02 PM |
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Here it is HR! One of my first posts in btctalk. See you soon and we will drink a nice cold one on the beach! 19M of buy orders as well!
YC
I already reserved a nice chair. How much more do i need to reserve when the sleeping giant wakes up?
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snakey
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February 05, 2015, 10:29:59 PM |
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Hey guys, part of my plan to hit the 1 million cap in 24 hours is below. Get in this thread and post some honest views, and some positive ones for digibyte if you believe in the coin, Jared and the team. https://bitcointalk.org/index.php?topic=947000.new#newKeep it active guys, it will give us more exposure. snakey
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HR
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February 05, 2015, 10:31:19 PM |
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Here's another sampling from back in September of last year with no-nonsense math as my basis. You could buy 2 to 3 times the amount on the open market that you could get for the same money mining, so why not! This was a no-brainer for anyone "crazy enough" to be mining in the first place, and was only the beginning for me - I couldn't help myself and was back buying with fiat well before that initially planned date in January, and I ended up with an average cost basis on everything bought that was below that 19 best price figure of that early September writing. For the record, with the subsidy reduction of the last fork, the math is still the same, even at 70 satoshi. Current buyers are not late to the game by any means. I was doing the math comparing sample current payout figures with their reported hashrates (not estimated network hashrates), and my conclusion was that DGB is trading in the market for about half of what it costs to mine, regardless of whether you’re using GPU or ASIS (in fact, SHA-256 is the most costly to mine), and that's only considering electricity operating costs and says nothing about ROI on hardware investment. If you can directly buy DGB for half of what it costs to mine, then why not just directly buy DigiByte on the open market? The logical extension of that question is why not turn off all of your mining rigs (and save them) while buying at half the cost from others who are burning their rigs up? I could shut off my mining and take the same money I’m using to pay my electric bill to BUY TWICE AS MUCH as I could mine with that same budget!However, I’m a long term nut and can’t bring myself to shut down (that being said, none of my rigs are stressing, and they’re all running cool and efficient with a life expectancy of many years). Nevertheless, I can “double” my production, ACTUALLY TRIPLE, or more (at 19, where I first bought, the figures were even better still) by simply buying in the open market with the money I’d have used to pay electricity and without any new hardware investment at all! Double my budget to expand production, but instead of using that money to pay for electricity, buy direct, and get twice as much as I would have by mining! That’s fantastic! That’s what I’m doing. I “expanded” my mining budget by doubling the amount to be spent and took 4 months worth of that new money available for mining, bought BTC with fiat (and BTC is cheap right now as well), and then simply bought DGB and got 8 MONTHS WORTH in the process! And got it now! I really need to shut my rigs down for a few months and just buy, but liquidity is a problem – there isn’t much on the market to buy at these prices and you’ve got to be patient, very patient – and who knows how long sellers will be willing to sell at a loss (one thing’s for sure, things wear out, and as their mining capacity slowly goes off-line, I doubt very much they’ll be re-investing). I'll keep mining anyway, just to keep the rigs occupied and out of trouble but if the math continues to justify it, you can count on me being back in January with another multi-month purchase. Add: We all need to send scrxxx our most grateful thanks for helping to make this possible!
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esotericizm
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February 05, 2015, 10:33:31 PM |
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All in all its been a great start to 2015 for Digibyte. EasyMiner, iOS Wallet, Multisig Web Wallet and a Tipbot that functions over multiple platforms. 99% of coins never release a single one of these projects and for the ones that do they usually come in the form of shady 3rd parties. All of that and we have seen a major price increase ontop of it all which will bring in alot of new eyes. Shaping up to be a good year for the team and long standing supporters.
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snakey
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February 05, 2015, 10:35:57 PM |
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halinyo
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The future is bright with DigiByte.
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February 05, 2015, 10:46:09 PM |
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Hey guys, lots of things are happening here I knew it would happen one day and things are just started rolling... I have sold some of my coins that are bought for 6-9 SAT at the time, lol. Thanks to moolah dumping them on me at the time for free ... I think slowly selling does not damage the raising price and it is good that someone else also can make some profit from DGB. Let them have the opportunity It is good if the coin changes hand for the sake of price, come on dont be too greedy, dont keep all the DGBs for yourself, I would say 1 in 4-5 can be sold at these prices. Therefore it may help the distribution and price further PS: Place the small sells on the sell wall, dont dump if possible, pls Best,
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HR
Legendary
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February 05, 2015, 10:47:19 PM |
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All in all its been a great start to 2015 for Digibyte. EasyMiner, iOS Wallet, Multisig Web Wallet and a Tipbot that functions over multiple platforms. 99% of coins never release a single one of these projects and for the ones that do they usually come in the form of shady 3rd parties. All of that and we have seen a major price increase ontop of it all which will bring in alot of new eyes. Shaping up to be a good year for the team and long standing supporters.
Fantastic results from people who deliver. I've said it before, and I'm sure to say it again, you guys are doing a bang-up job. It's also great to see people who are also able to honestly and humbly tout their accomplishments for what they are (and in this case they are accomplishments indeed!) without coming off as being pompous and arrogant. That's a tough combination and is one more thing that speaks volumes for you all. Here's to a great start to 2015 for DigiByte!!!
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