24hralttrade
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April 11, 2015, 06:41:15 PM |
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"The animated shark sucking up the floating DGB for instance." Hey thats me! I just want to say i dont market make / manipulate the price of Digibyte and i know that some community members can confirm that. I just buy when i have some free BTC by buying and trading other coins,And yeah i just like to post some funny pics some times haha. Just to be shure,I like your story and i really need to say i like the way you think about Digibyte.
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Jumbley
Legendary
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Activity: 1218
Merit: 1003
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April 11, 2015, 06:51:06 PM |
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"The animated shark sucking up the floating DGB for instance." Hey thats me! I just want to say i dont market make / manipulate the price of Digibyte and i know that some community members can confirm that. I just buy when i have some free BTC by buying and trading other coins,And yeah i just like to post some funny pics some times haha. Just to be shure,I like your story and i really need to say i like the way you think about Digibyte. We know 24, your arrow is straight! The miners we are talking about are the reason DGB is not profitable and I am suggesting this is quite deliberate and that we need to attract more distributed sha miners. It's a shame but the Black Arrow X1 is the perfect miner for this kind of job and it is in line with their original concept of it. It's a shame they made such a hash of their business!
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Jumbley
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Activity: 1218
Merit: 1003
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April 11, 2015, 07:05:21 PM |
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98TH/s right now and only a third of it belongs to the real DigiByte community!
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Jumbley
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Activity: 1218
Merit: 1003
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April 11, 2015, 07:14:13 PM |
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And please please people think about giving up that 3% for development because $250000 does not last for ever, ask bitcoin. We really want to keep the DigiByte development team healthy!
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EPLDCC
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April 11, 2015, 07:20:43 PM |
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Hi 24. Of course ... don't take it wrong. I wasn't suggesting that image in a negative way. I was suggesting that those of us who are informed about DGB (I'd like to imagine myself in the category) are able to profit (buy more DGB) during these periods of depressed prices.
I strongly oppose manipulating the price of DGB in the market. In my trading, I always work to place trades that will either have no impact on price, or that will stabilize prices. Cryptsy has a different definition of market making than what it really is (Cryptsy defines it simply as anyone who places a buy or sell limit order at a price that is not currently in the book ... so if the current ask is 65 and the current bid is 63 ... and you place an order at 64 ... you've made a new market) ... Real market makers (I'm not in that category, at least not really) provide liquidity to exchanges by placing and filling multiple open orders on both sides of the price. They're required by the exchange to provide that liquidity by filling orders. In stock markets they're mostly brokers and specialized companies. They mostly profit by using the difference in the spread. Some high frequency trading practices lead to market manipulation in these circumstances (especially order stuffing). But, these practices are not common (or even really possible) in the rudimentary exchanges like Cryptsy.
Where I see the most efforts for manipulation in DGB is through bear raids and bashing ... usually simutaneously. So someone comes in here and posts about problems they're having and how the price is too high ... and then places some large sell orders ... those orders push the price down and people who don't know what's going on check these forums and see some negative comments ... and it pushes the price a bit further ... and then the liquidity traders momentum push it down ... the same people then use the proceeds from the sell orders to re-buy 10 points or so below where they placed the sell orders. There was something similar over the past 7 days ... not in the extreme ... but somebody placed some big sell orders about 6 BTC worth right around 60 and then rebought the same amount at around 50 ... at least that was my analysis of the situation.
It all drives me crazy. But, again ... I was not - in any way - suggesting you encourage it. We've corresponded off list ... I have a high regard and deeply respect your work in this community ... and like you, I strongly oppose manipulating the price. DGB is a great coin and this is great community. It's a privilege to be a part of it.
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24hralttrade
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April 11, 2015, 07:21:56 PM |
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So we need to attract more Dedicated miners right? What about start tipping the dedicated miners on the digihash pool on a 2 weeks basis? Just give them some extra and 1 time a month a big jackpot tip on block X. I think i have some spare Digibyte for dedicated miners. ?
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Jumbley
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Merit: 1003
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April 11, 2015, 07:28:15 PM |
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So we need to attract more Dedicated miners right? What about start tipping the dedicated miners on the digihash pool on a 2 weeks basis? Just give them some extra and 1 time a month a big jackpot tip on block X. I think i have some spare Digibyte for dedicated miners. ? For someone that doesn't mine themselves, that's a brilliant idea to drum up a bit of support.
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24hralttrade
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April 11, 2015, 07:35:49 PM |
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So we need to attract more Dedicated miners right? What about start tipping the dedicated miners on the digihash pool on a 2 weeks basis? Just give them some extra and 1 time a month a big jackpot tip on block X. I think i have some spare Digibyte for dedicated miners. ? For someone that doesn't mine themselves, that's a brilliant idea to drum up a bit of support. And that on a saturday night with a nice beer and some poker,I am a genius So how can we start this? Any ideas anyone?
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Kayahoga
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April 11, 2015, 07:40:07 PM |
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So I downloaded and installed DigiHash + the SDK. Whenever I try any of the algos I keep getting the same error messages.
I get.
DigiHash Version 1.0.0.26149 Retrieving data from server..........done Initialize.... Reading Preference.dat..........done Saving preference..........done Getting CPU info..........done Getting GPU info..........done Analyzing hardware from server..........done Miner: sgminer, Version: 5.1.0 Saving preference..........done Starting Mining
Arguments: [15:35:36] Default Devices = all [15:35:36] set_devices(all)
Redirection is not supported. Stop..........done
Has anyone seen this problem? Are there error logs I can post somewhere?
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Jumbley
Legendary
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Activity: 1218
Merit: 1003
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April 11, 2015, 07:41:25 PM |
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So we need to attract more Dedicated miners right? What about start tipping the dedicated miners on the digihash pool on a 2 weeks basis? Just give them some extra and 1 time a month a big jackpot tip on block X. I think i have some spare Digibyte for dedicated miners. ? For someone that doesn't mine themselves, that's a brilliant idea to drum up a bit of support. And that on a saturday night with a nice beer and some poker,I am a genius So how can we start this? Any ideas anyone? Let's see what kind of response we get from the rest of the community on this, I'd love to see some new faces, if there are any looking in, as well as here from any of the regulars.
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EPLDCC
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April 11, 2015, 07:59:07 PM |
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So we need to attract more Dedicated miners right? What about start tipping the dedicated miners on the digihash pool on a 2 weeks basis? Just give them some extra and 1 time a month a big jackpot tip on block X. I think i have some spare Digibyte for dedicated miners. ? For someone that doesn't mine themselves, that's a brilliant idea to drum up a bit of support. And that on a saturday night with a nice beer and some poker,I am a genius So how can we start this? Any ideas anyone? Let's see what kind of response we get from the rest of the community on this, I'd love to see some new faces, if there are any looking in, as well as here from any of the regulars. That's a really interesting and good idea ... i like it in lots of ways ... when you say tipping ... do you mean from the standard 3% fee that goes to supporting DGB development? ONe of the main reasons I like mining in the official pool is because the fees go to DGB development. Maybe something with transaction fees ... or, even, something like putting in place a small percentage fee (.5%) that multipools have to charge, and then redistributing those funds to miners in the official pool.
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EPLDCC
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April 11, 2015, 08:04:47 PM |
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Hi Kayahoga. Just FYI ... I cannot answer your question but I don't want you to feel like it's being ignored. There are people in here who are well informed about Digihash, I'm just not one of them. So ... I'm sure you'll get a response.
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Jumbley
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Activity: 1218
Merit: 1003
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April 11, 2015, 08:08:26 PM |
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Hi Kayahoga. Just FYI ... I cannot answer your question but I don't want you to feel like it's being ignored. There are people in here who are well informed about Digihash, I'm just not one of them. So ... I'm sure you'll get a response.
+1 sorry but I'm sure there is someone who can help you although they might not be in here right now.
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24hralttrade
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April 11, 2015, 08:20:55 PM |
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So we need to attract more Dedicated miners right? What about start tipping the dedicated miners on the digihash pool on a 2 weeks basis? Just give them some extra and 1 time a month a big jackpot tip on block X. I think i have some spare Digibyte for dedicated miners. ? For someone that doesn't mine themselves, that's a brilliant idea to drum up a bit of support. And that on a saturday night with a nice beer and some poker,I am a genius So how can we start this? Any ideas anyone? Let's see what kind of response we get from the rest of the community on this, I'd love to see some new faces, if there are any looking in, as well as here from any of the regulars. That's a really interesting and good idea ... i like it in lots of ways ... when you say tipping ... do you mean from the standard 3% fee that goes to supporting DGB development? ONe of the main reasons I like mining in the official pool is because the fees go to DGB development. Maybe something with transaction fees ... or, even, something like putting in place a small percentage fee (.5%) that multipools have to charge, and then redistributing those funds to miners in the official pool. Yeah i really dont know how to handel this but i have been thinking like this.. We need more dedicated miners and with that comes more dedicated community members so why not do this as a community?
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Jumbley
Legendary
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Activity: 1218
Merit: 1003
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April 11, 2015, 08:31:45 PM |
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So we need to attract more Dedicated miners right? What about start tipping the dedicated miners on the digihash pool on a 2 weeks basis? Just give them some extra and 1 time a month a big jackpot tip on block X. I think i have some spare Digibyte for dedicated miners. ? For someone that doesn't mine themselves, that's a brilliant idea to drum up a bit of support. And that on a saturday night with a nice beer and some poker,I am a genius So how can we start this? Any ideas anyone? Let's see what kind of response we get from the rest of the community on this, I'd love to see some new faces, if there are any looking in, as well as here from any of the regulars. That's a really interesting and good idea ... i like it in lots of ways ... when you say tipping ... do you mean from the standard 3% fee that goes to supporting DGB development? ONe of the main reasons I like mining in the official pool is because the fees go to DGB development. Maybe something with transaction fees ... or, even, something like putting in place a small percentage fee (.5%) that multipools have to charge, and then redistributing those funds to miners in the official pool. Yeah i really dont know how to handel this but i have been thinking like this.. We need more dedicated miners and with that comes more dedicated community members so why not do this as a community? Sure, lets leave this so they have a chance to look in and participate. We have a great community in here but there is always room for improvement.
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Jumbley
Legendary
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Activity: 1218
Merit: 1003
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April 11, 2015, 09:18:54 PM |
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and here is something else to think about!
Who has space for an old antminer a car battery, controller and small off the shelf wind generator? Perhaps you could even heat your green house with such apparatus! Imagine if people across the world had devices like this mining DGB and imagine the distributed network it could be!
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Timon2010
Member
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Activity: 99
Merit: 10
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April 12, 2015, 06:00:13 AM |
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One question: Which exchanges do you recommend? Thanks!
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CryptoRaver
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April 12, 2015, 07:15:52 AM |
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One question: Which exchanges do you recommend? Thanks!
For me bittrex works very good
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MaxDZ8
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April 12, 2015, 07:33:03 AM |
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So I downloaded and installed DigiHash + the SDK. Whenever I try any of the algos I keep getting the same error messages.
I get.
DigiHash Version 1.0.0.26149
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Redirection is not supported. Stop..........done
Has anyone seen this problem? Are there error logs I can post somewhere? I think it's the same as this.
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Jumbley
Legendary
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Activity: 1218
Merit: 1003
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April 12, 2015, 10:15:31 AM |
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