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

[rayaodi]

maybe the dev can buy the coins  .

[doremi]

POW is losing its credit day by day...including Bitcoin!

PoS is not good, no PoS coin doing well. Look at coins that switch to PoS there value is nothing except Peercoin as it was first, if digibyte switch to PoS value will plummet because then there is no point for people to buy coins as you earning for free.

you don`t get any idea of what you're talking about..do you?

btw..how do you earning for free if you don`t have a stakes of POS coin?

You only need to be one time buyer for PoS coin, after that you stake and sell.

i no mean unrespect...but i really can`t help myself with lolololololol after reading your comment......

[TamiLee]

POW is losing its credit day by day...including Bitcoin!

PoS is not good, no PoS coin doing well. Look at coins that switch to PoS there value is nothing except Peercoin as it was first, if digibyte switch to PoS value will plummet because then there is no point for people to buy coins as you earning for free.

you don`t get any idea of what you're talking about..do you?

btw..how do you earning for free if you don`t have a stakes of POS coin?

You only need to be one time buyer for PoS coin, after that you stake and sell.

i no mean unrespect...but i really can`t help myself with lolololololol after reading your comment......

Give one example of coin that switch to PoS that is success?

[MemberCount+1]

You only need to be one time buyer for PoS coin, after that you stake and sell.

And what do new (PoS)members? That's right, they buy Coins.

[doremi]

POW is losing its credit day by day...including Bitcoin!

PoS is not good, no PoS coin doing well. Look at coins that switch to PoS there value is nothing except Peercoin as it was first, if digibyte switch to PoS value will plummet because then there is no point for people to buy coins as you earning for free.

you don`t get any idea of what you're talking about..do you?

btw..how do you earning for free if you don`t have a stakes of POS coin?

You only need to be one time buyer for PoS coin, after that you stake and sell.

i no mean unrespect...but i really can`t help myself with lolololololol after reading your comment......

Give one example of coin that switch to PoS that is success?

i can but i won`t..do your own research

[niki25]

Todays drop is a bit high, i think i will set up low buy orders, as seems that it doesnt matter to sell mined coins in 44/40/36/32. I still think this coin has a good long term but, there is no incentive to buy this coin.
There are already new coins that has more usability than this one.
I would say this is a sleepy giant, but things must be done correctly to get the giant on

[TamiLee]

Look at Noblecoin price with half DGB supply. DGB go PoS it's over! Stay with PoW.

[rayaodi]

POS is not good ...

and 6millon coins eveyday is too much .

i bought dgb 1.5 years ago .

and i belive dgb team , when that dgb price is 150 - 200 statoshi . and btccoin is 700 usd .

i didn't sold any coins .

now, should i belive dgb continue , next 1 year? 2year? 3year?

i hope the dev can give me a reason to keep on going.

i know it's a long term , how long?

5 year? 10 year ? 50 year?

[Telenong]

Look at Noblecoin price with half DGB supply. DGB go PoS it's over! Stay with PoW.

im agree with you
price will be rising from now if dgb in small amount
you cant control market if DGB going POS but you can control distribution with POW
please remember, too many coin in market and price always bullish

[SSG69]

Time for coins with huge supply will come! Litecoin, Dash etc are good for investors who want to make good money and have a value store.

Coins like DGB are for the masses and cryptocurrencies still seek those mass markets atm. So stay cool and look forward to marketing! Time will come for DGB.

Yes agreed.

But now its Bitcoins time. The crisis will continue and money needs to be secured in China, Japan, USA, Portugal, Italy and Spain to save it from international bankster bailouts. That money has to go somewhere and since precious metal supplies are limited it will flow into BTC and longterm consume goods like cars and kitchens.

So now its BTC time. The fractionless currencies will follow once the worst is over.

[HR]

The question at hand is: how do we get more people buying?

with services and products where the people pay for these, if these are not available , the supply must be reduced. productcreation and services needs a lot of time. or you create a sense to keep the coins.

a other way, increase massiv the fees as a shrink, but only 85k transaction, this would be not a big shrink-option.

This is a catch 22 situation. If you shrink the supply today, then you won't have the coins necessary in order to provide the eventual services and products that DigiByte has planned for tomorrow. However, if you don't shrink the supply today, then the price will continue to suffer short term.

First, I think the long term priorities have to win out over the short term.

Secondly, that leaves us in the same boat as before: not enough buyers yet (and the eventual services and products aren't going to be attracting new buyers anytime soon).

Therefore, we've got to deal with what we've got. There's no getting around that. Imagining what things might be like if something else presently existed already doesn't get us anywhere. We need to be reasonable and accept reality as it is, and reality for DigiByte at this point in time is a very good foundation with very good prospects, and that is our only selling point ATM. Nevertheless, that isn't that bad - in fact, it is a very good selling point considering the novelty of cryptocurrencies. In fact, this is an extremely good selling point - a very good foundation with very good prospects - but it is something that only investors are interested in and will only work with them, and we need to leverage that to the hilt!

[TamiLee]

The question at hand is: how do we get more people buying?

with services and products where the people pay for these, if these are not available , the supply must be reduced. productcreation and services needs a lot of time. or you create a sense to keep the coins.

a other way, increase massiv the fees as a shrink, but only 85k transaction, this would be not a big shrink-option.

This is a catch 22 situation. If you shrink the supply today, then you won't have the coins necessary in order to provide the eventual services and products that DigiByte has planned for tomorrow. However, if you don't shrink the supply today, then the price will continue to suffer short term.

First, I think the long term priorities have to win out over the short term.

Secondly, that leaves us in the same boat as before: not enough buyers yet (and the eventual services and products aren't going to be attracting new buyers anytime soon).

Therefore, we've got to deal with what we've got. There's no getting around that. Imagining what things might be like if something else presently existed already doesn't get us anywhere. We need to be reasonable and accept reality as it is, and reality for DigiByte at this point in time is a very good foundation with very good prospects, and that is our only selling point ATM. Nevertheless, that isn't that bad - in fact, it is a very good selling point considering the novelty of cryptocurrencies. In fact, this is an extremely good selling point - a very good foundation with very good prospects - but it is something that only investors are interested in and will only work with them, and we need to leverage that to the hilt!

Cryptos is mainly a traders game, which is why most coins are on exchanges and not in wallets. With high supply coins it's very risky to play with so traders don't buy. This is a good and bad thing.

[Tyke]

To be published in late August / early September 2015:

[HR]

Look, simple supply math doesn't work. Yes it's easy to do, but it is a very inadequate measure of relative worth.

Look at DOGE with over 100 billion coins ALREADY in circulation, and its price is 75 SAT.

Doing a very simplistic comparison with eventual float, one would have to say that, in simple "supply terms", DGB should be worth almost 5 times that, and if compared with current outstanding coins, it would be over 20 times more valuable.

Again, simple supply analysis is very primitive, and if we were to limit ourselves to an only supply analysis of price, and if we were to use DOGE as our basis, DGB should be currently priced at least at 375 SAT!

Go figure.

Perception is much more important than supply.

Just to name one other factor.

DOGE is much more well known . . .


We need an Investor's Pack to send out to everyone any of us think might benefit from getting to know DigiByte.

[TamiLee]

Look, simple supply math doesn't work. Yes it's easy to do, but it is a very inadequate measure of relative worth.

Look at DOGE with over 100 billion coins ALREADY in circulation, and its price is 75 SAT.

Doing a very simplistic comparison with eventual float, one would have to say that, in simple "supply terms", DGB should be worth almost 5 times that, and if compared with current outstanding coins, it would be over 20 times more valuable.

Again, simple supply analysis is very primitive, and if we were to limit ourselves to an only supply analysis of price, and if we were to use DOGE as our basis, DGB should be currently priced at least at 375 SAT!

Go figure.

Perception is much more important than supply.

Just to name one other factor.

DOGE is much more well known . . .


We need an Investor's Pack to send out to everyone any of us think might benefit from getting to know DigiByte.

This is very good point. Doge is still producing coins very fast so if digibyte have same amount of users then it's price will go much higher. At least 10 times.

[o0o0]

Its lack of a high user base / adoption and services...

The dump continues because there is little competition in mining so those that can throw a bunch at it get rewarded well. They have no interest in digibyte just the bitcoin it returns on the sale.

So the answer is increase user adoption... create services.

Once digibyte becomes more adopted and mined its more competitive and becomes less of a focus on these auto sell miners. They will move to other smaller easier coins.

That's why I suggested adding the easy miner to the wallet to combine with the user adoption... its 2 birds one stone and i'm not sure why this suggestion hasn't been taken seriously as its something not seen in normal qt wallets. Services are up to us. Jarod has the dev under control but he has limited time.

If everyone sits on their asses whining about the price yet talking about how they believe so much then it will go down. If you believe in the coin do your part. Go tell your friends have them download the wallet.. gift them some coins... get them and others to do faucets... convert the btc gained to dgb from cryptsy... faucet up doge as well convert to btc then dgb. Sure its low amounts but in large user bases it adds up. Everyone can do something.... most people are just complaining rather than doing their share for what they supposedly believe in... lets quit with the age of entitlement and progress it. Buying dgb then bitching about how its not increasing in price so you can make a profit isn't doing anything for anyone.

Rough but it had to be said.

[MemberCount+1]

I hear again and again this argument "But, the other coins ..." DGB is not the USD and is not the BTC. DGB is (only) DGB and stand in competition with all other coins.

500sat 1000sat, is an illusion atm. maybe in 4 years... why should the users invest her money now and not only in 3 years? no buy-argument available. only the longterm hope. Therefore, we have the situation.

in 4-5 years, cryptocurrencies will be a hard bussines, it will not be easier.

[halinyo]

Yum yum yum, what is better than DGB? It is much cheaper DGB lol

[TamiLee]

I hear again and again this argument "But, the other coins ..." DGB is not the USD and is not the BTC. DGB is (only) DGB and stand in competition with all other coins.

500sat 1000sat, is an illusion atm. maybe in 4 years... why should the users invest her money now and not only in 3 years? no buy-argument available. only the longterm hope. Therefore, we have the situation.

Profit is profit, buy at 30 and sell at 33.1 and you make 10% gains. It doesn't need to go to 60 to make big profits.

[TamiLee]

maybe the dev can buy the coins  .

The guys who made the $250k investment can easily pump price to 500 sat without it even causing a dent to them. Why you think a lot of asian miners mining this coin.