pringles1901
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December 10, 2015, 08:42:18 PM |
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OK let’s do some Maths. If just over 43 million coins are mined in a week and dumped straight to market the price of DGB would not be this low, the markets have traded that many coins just today! So there is obviously someone selling on top of whatever the miners are doing and I’m sure they have their reasons for doing it but as time goes on the miners take will diminish even further.
You are right miners stake will decrease as time goes by...a whooping 1% per month decrease, LOL going to be like 10 years before the profits from dumping will stop....Jez soon there will be no point mining DGB as it will be worth 1 sat at best you would think that by halving the block times & the rewards would be the same but you would be wrong, its no better for the miners to make more profit thats why there dumping...the likelihood of a miner hitting more blocks per day has doubled, less power, faster transactions to the exchanges to dump...you have handed the dumpsters a goldmine...like i said Digispeed was only a toy to show off with now its gone tits up the investors are paying the price
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pringles1901
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December 10, 2015, 08:43:48 PM |
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The only good thing Digispeed has done for the coin is made if far faster for the miners to get them coins to the exchanges to dump them.....Nuff said The reason i am impatient is because by sitting on DGB for so long i am actually losing money, even though you all think by holding them coins for 1-3 years you will make money you are wrong, if you actually worked out the amount of BTC lost due to the rise & fall of BTC when you could have used the BTC sat in DGB to trade then you will see that sitting on a coin for to long is not a very smart investment, DGB would have to increase by 1000X to get what you have lost, cant see that happening but heck we can all live in the dream world You are great in complaining. Just show your balance and then the community could decide whether you are just fudding and sitting on 0.2 btc worth of DGB and then we all can decide whether we can ignore you. No problem will be happy to show you mine if you show me yours...how do i upload images here so i can show you i am not a 0.2btc investor Just sign a message to that address and post your signature and anyone can verify it. Go to your wallet, "File" then "Sign message"... -tb- Sorry mate i dont have a wallet i have all mine on exchanges
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Jumbley
Legendary
Offline
Activity: 1218
Merit: 1003
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December 10, 2015, 08:48:13 PM |
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OK let’s do some Maths. If just over 43 million coins are mined in a week and dumped straight to market the price of DGB would not be this low, the markets have traded that many coins just today! So there is obviously someone selling on top of whatever the miners are doing and I’m sure they have their reasons for doing it but as time goes on the miners take will diminish even further.
You are right miners stake will decrease as time goes by...a whooping 1% per month decrease, LOL going to be like 10 years before the profits from dumping will stop....Jez soon there will be no point mining DGB as it will be worth 1 sat at best you would think that by halving the block times & the rewards would be the same but you would be wrong, its no better for the miners to make more profit thats why there dumping...the likelihood of a miner hitting more blocks per day has doubled, less power, faster transactions to the exchanges to dump...you have handed the dumpsters a goldmine...like i said Digispeed was only a toy to show off with now its gone tits up the investors are paying the price You completely missed my point, the miners are not responsible for dumping more coins than they are mining because that would be impossible. Trying to blame what is happening in the markets on the miners is just silly!
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pringles1901
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December 10, 2015, 08:50:04 PM |
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OK let’s do some Maths. If just over 43 million coins are mined in a week and dumped straight to market the price of DGB would not be this low, the markets have traded that many coins just today! So there is obviously someone selling on top of whatever the miners are doing and I’m sure they have their reasons for doing it but as time goes on the miners take will diminish even further.
You are right miners stake will decrease as time goes by...a whooping 1% per month decrease, LOL going to be like 10 years before the profits from dumping will stop....Jez soon there will be no point mining DGB as it will be worth 1 sat at best you would think that by halving the block times & the rewards would be the same but you would be wrong, its no better for the miners to make more profit thats why there dumping...the likelihood of a miner hitting more blocks per day has doubled, less power, faster transactions to the exchanges to dump...you have handed the dumpsters a goldmine...like i said Digispeed was only a toy to show off with now its gone tits up the investors are paying the price You completely missed my point, the miners are not responsible for dumping more coins than they are mining because that would be impossible. Trying to blame what is happening in the markets on the miners is just silly! There you go this is just my Polo account I have plenty more on Bittrex & sadly lots stuck on Cryptsy http://tinypic.com/view.php?pic=coq3k&s=9#.VmnmvtKLTGg
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mtnsaa
Legendary
Offline
Activity: 1568
Merit: 1000
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December 10, 2015, 08:51:53 PM |
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OK let’s do some Maths. If just over 43 million coins are mined in a week and dumped straight to market the price of DGB would not be this low, the markets have traded that many coins just today! So there is obviously someone selling on top of whatever the miners are doing and I’m sure they have their reasons for doing it but as time goes on the miners take will diminish even further.
You are right miners stake will decrease as time goes by...a whooping 1% per month decrease, LOL going to be like 10 years before the profits from dumping will stop....Jez soon there will be no point mining DGB as it will be worth 1 sat at best you would think that by halving the block times & the rewards would be the same but you would be wrong, its no better for the miners to make more profit thats why there dumping...the likelihood of a miner hitting more blocks per day has doubled, less power, faster transactions to the exchanges to dump...you have handed the dumpsters a goldmine...like i said Digispeed was only a toy to show off with now its gone tits up the investors are paying the price If this is true then it's much more serious than some hidden manipulators like people in this forum were talking about.
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mtnsaa
Legendary
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Activity: 1568
Merit: 1000
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December 10, 2015, 08:54:37 PM |
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OK let’s do some Maths. If just over 43 million coins are mined in a week and dumped straight to market the price of DGB would not be this low, the markets have traded that many coins just today! So there is obviously someone selling on top of whatever the miners are doing and I’m sure they have their reasons for doing it but as time goes on the miners take will diminish even further.
You are right miners stake will decrease as time goes by...a whooping 1% per month decrease, LOL going to be like 10 years before the profits from dumping will stop....Jez soon there will be no point mining DGB as it will be worth 1 sat at best you would think that by halving the block times & the rewards would be the same but you would be wrong, its no better for the miners to make more profit thats why there dumping...the likelihood of a miner hitting more blocks per day has doubled, less power, faster transactions to the exchanges to dump...you have handed the dumpsters a goldmine...like i said Digispeed was only a toy to show off with now its gone tits up the investors are paying the price You completely missed my point, the miners are not responsible for dumping more coins than they are mining because that would be impossible. Trying to blame what is happening in the markets on the miners is just silly! There you go this is just my Polo account I have plenty more on Bittrex & sadly lots stuck on Cryptsy http://tinypic.com/view.php?pic=coq3k&s=9#.VmnmvtKLTGgWow man, I feel for you, I only have half a million, it's nothing but I still feel I have the right to voice out my opinions. However there's always people hushing us. Hype and false promises is what hurts this community.
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Jumbley
Legendary
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Activity: 1218
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December 10, 2015, 08:58:42 PM |
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I’ve lost sight of which ‘tweedle’ I’m talking to now.
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pringles1901
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December 10, 2015, 09:08:01 PM |
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I’ve lost sight of which ‘tweedle’ I’m talking to now.
Tweedle Dumb here Just please tell me & others why Digispeed was introduced right at this time? What benefit does it actually give to DGB? I just dont get why DGB actually needs it TBH Its not like DGB has a huge volume of transaction to deal with everyday There isnt a big financial institution banging at the door to use the digispeed, dont get me wrong its probably a brilliant thing but not at this point in time, it should have been set up & tested & then held back until its actually got a use for it I look forward to your reply
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MonsterZeroPrice
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December 10, 2015, 09:11:43 PM |
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Digispeed is the corresponding feature to the "Digger" which killed clams.
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antonio8
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Activity: 1400
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December 10, 2015, 09:17:01 PM |
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OK let’s do some Maths. If just over 43 million coins are mined in a week and dumped straight to market the price of DGB would not be this low, the markets have traded that many coins just today! So there is obviously someone selling on top of whatever the miners are doing and I’m sure they have their reasons for doing it but as time goes on the miners take will diminish even further.
You are right miners stake will decrease as time goes by...a whooping 1% per month decrease, LOL going to be like 10 years before the profits from dumping will stop....Jez soon there will be no point mining DGB as it will be worth 1 sat at best you would think that by halving the block times & the rewards would be the same but you would be wrong, its no better for the miners to make more profit thats why there dumping...the likelihood of a miner hitting more blocks per day has doubled, less power, faster transactions to the exchanges to dump...you have handed the dumpsters a goldmine...like i said Digispeed was only a toy to show off with now its gone tits up the investors are paying the price You completely missed my point, the miners are not responsible for dumping more coins than they are mining because that would be impossible. Trying to blame what is happening in the markets on the miners is just silly! There you go this is just my Polo account I have plenty more on Bittrex & sadly lots stuck on Cryptsy http://tinypic.com/view.php?pic=coq3k&s=9#.VmnmvtKLTGgWow man, I feel for you, I only have half a million, it's nothing but I still feel I have the right to voice out my opinions. However there's always people hushing us. Hype and false promises is what hurts this community. No one is hushing you both but you are beating a dead horse with your message. If you don't like it then sell out and get out of Dodge (not the coin). It gets old after a while.
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If you are going to leave your BTC on an exchange please send it to this address instead 1GH3ub3UUHbU5qDJW5u3E9jZ96ZEmzaXtG, I will at least use the money better than someone who steals it from the exchange. Thanks
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Verias
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December 10, 2015, 09:22:14 PM |
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In my opinion price not yet matters alot.
We got digibyte gaming that is slowly taking off and marketing will also start now. We recently got digibyte marketplace thats still get's more products every day.
And i'm sure more features are comming when we are 100% sure everything is working.
I think this was the best time to do a hardfork. Now the community is smaller, If we would have waited with the hardfork untill we had alot more users. I think then there would have been alot more wallet problems.
Anway thats just what i think. ( i'm just an investor and i have no idea how all these dev stuff work )
Do have to thank you people who where fudding here or to the ones who dumped those coins. My bags are bigger then ever.
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gooldbitx103
Jr. Member
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Activity: 55
Merit: 2
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December 10, 2015, 09:26:15 PM |
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Great, now even if I delete the old wallet and reinstall a new one, this one doesn't open at all... I'm totally lost.
Note : I delete in roaming the folder with wallet.dat and reinstall an old one (5 days before today), wallet launchs again but it still unable to synchronize. I find again the same problem that at the beginning. I can suppose the new wallet.dat was the problem that explains I was unable to open the wallet window.
i'm not sure if there is a connection with your problem but i had this kind of things : Wallet core (4.0.0 & 4.0.3 x64 /win7) not launching. (Even the digibyte-4.0.3-win64-setup.exe) I've found out that the problem was because of my AV Avast. Try to disable your AV and your firewall if you have one, before launching the core wallet.
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http://dgbsupport.digiassetx.com/ https://dgbwiki.com/
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Arnault59
Jr. Member
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Activity: 65
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December 10, 2015, 09:50:51 PM |
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Great, now even if I delete the old wallet and reinstall a new one, this one doesn't open at all... I'm totally lost.
Note : I delete in roaming the folder with wallet.dat and reinstall an old one (5 days before today), wallet launchs again but it still unable to synchronize. I find again the same problem that at the beginning. I can suppose the new wallet.dat was the problem that explains I was unable to open the wallet window.
i'm not sure if there is a connection with your problem but i had this kind of things : Wallet core (4.0.0 & 4.0.3 x64 /win7) not launching. (Even the digibyte-4.0.3-win64-setup.exe) I've found out that the problem was because of my AV Avast. Try to disable your AV and your firewall if you have one, before launching the core wallet. Thx for your answer. I will try tomorrow, I'm too tired for now:) See you:) edit : unfortunately, I desactivate my Avira antivirus but nothing changed
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gooldbitx103
Jr. Member
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Activity: 55
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December 10, 2015, 10:04:58 PM Last edit: December 11, 2015, 02:05:49 AM by gooldbitx103 |
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I think this was the best time to do a hardfork. Now the community is smaller, If we would have waited with the hardfork untill we had alot more users. I think then there would have been alot more wallet problems.
+1. I think the same. Besides, challengers have to take those kinds of risks. It may also draw more attention on DGB. My bags are bigger then ever.
The same here.
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http://dgbsupport.digiassetx.com/ https://dgbwiki.com/
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HR
Legendary
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Activity: 1176
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Transparency & Integrity
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December 10, 2015, 10:57:22 PM |
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Pro Tip:
Those guys who are interesting in selling dgb, I would buy up dgb worth 10 btc at 36 sat.
If any are interested, it is a very good offer since dumping dgb worth 10 btc would cause a price at 30 sat.
So you make a nice profit selling to me at 36.
Only a stake of dgb worth 10 btc will be accepted.
Warning: people who are going to accept this offer, use a trusted escrow. You never know who's behind the nickname. Better advice never seen.
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HR
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December 10, 2015, 11:08:49 PM Last edit: December 11, 2015, 09:07:00 AM by HR |
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This is my theory behind all the constant dumps within DGB
If there is 6,209,280 DGB being mined every day that gives you 43,464,960 per week no wonder its being dumped to hell miners are just going to take the profits with BTC so high...DGB aint going nowhere anytime soon...such a shame TBH sometimes its best to not try & fix something thats not broken...digispeed was a big mistake
That's around 100 USD daily at current prices, about 1/2 of average operating costs - if I'm not mistaken - meaning these miners (excepting those robbing their electricity) are PAYING an aggregate 100 USD to mine and dump. It sure must be a lot of fun because we haven't even mentioned the cost of their mining equipment yet. And for all of that, still only a miniscule drop in the bucket.
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HR
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December 10, 2015, 11:14:57 PM Last edit: December 10, 2015, 11:53:31 PM by HR |
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The only good thing Digispeed has done for the coin is made if far faster for the miners to get them coins to the exchanges to dump them.....Nuff said The reason i am impatient is because by sitting on DGB for so long i am actually losing money, even though you all think by holding them coins for 1-3 years you will make money you are wrong, if you actually worked out the amount of BTC lost due to the rise & fall of BTC when you could have used the BTC sat in DGB to trade then you will see that sitting on a coin for to long is not a very smart investment, DGB would have to increase by 1000X to get what you have lost, cant see that happening but heck we can all live in the dream world It's just useless, it's like discussing with fanboys. I thought DGB was a good investment for the long run. To me that means it would keep raising in value and gaining more exposure not this BS. We are close to 20s (most of my share was bought at 70-80s sadly) and I guess we should be celebrating something? It was around 120 some weeks ago, DO THE MATH. All I care is money, it's an investment, I appreciate the effort and work they put into the project but I don't have any emotional attachments. I want the project to do go because it will bring me money. Same with Bitcoin. I do appreciate the technology behind but that's it. It won't cure cancer and watching some recent updates I say it's closer to causing it. Your time horizon is much closer to that of a speculator than that of investor. Perhaps you might try realling investing just a little for a change - DGB could end up being the "ace up your sleeve".
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HR
Legendary
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December 10, 2015, 11:18:24 PM Last edit: December 10, 2015, 11:52:11 PM by HR |
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So when are you two going to dump? Complaining in a forum can only negatively impact peoples perception of DGB. So all be it not very much, you are part of the problem regarding the recent DGB price decline. The price is easily manipulated at this point in time and as stated previously, a big (biggest imo) reason for the decline is due to people selling their DGB so they can cash out of BTC to fiat. BTC will level out and go sideways and alts will recover. This will continue to happen so get used or dump me your DGB.
I also don't think digispeed was needed for digibyte to succeed, the changeover came with problems which were expected but digispeed was more a of marketing update then a code update. Dgb team would of been better off putting time into something more constructive instead of testing the difference between 30s(150s per algo) average blocktimes compared to 15s (75s per algo) for over 6 months. Can you suggest something more productive than incorporating VISA like speed scalability now while risks are lower than they will ever be?
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HR
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December 10, 2015, 11:48:57 PM Last edit: December 11, 2015, 09:10:13 AM by HR |
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I do think we fell short a bit in our efforts to get people updated (especially when compared to past hard forks as can be seen by reading a month or so on either side of this post: https://bitcointalk.org/index.php?topic=408268.msg7735308;topicseen#msg7735308 ) and a lack of insistence in locking out older versions. A hard fork is a hard fork, and should always be given the mission critcal decision making criteria it deserves. On the other hand, if that's the only crticism to be handed out, that of having let our guard down and becoming too lax, of resting on our "laurels", I'll take it as a compliment. . . . but our attitudes when dealing with major issues still need to become much more like those in mission command/situation rooms.
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MonsterZeroPrice
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December 10, 2015, 11:53:18 PM |
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I do think we fell short a bit in our efforts to get people updated (especially when compared to past hard forks as can be seen by reading a month or so on either side of this post: https://bitcointalk.org/index.php?topic=408268.msg7735308;topicseen#msg7735308 ) and a lack of insistence in locking out older versions. A hard fork is a hard fork, and should always be given the mission critcal decision making criteria it deserves. On the other hand, if that's the only crticism to be handed out, that of having let our guard down and becoming too lax, of resting on our "laurels", I'll take it as a compliment. . . . but we still need to get more "command room" like in the future nonetheless. WHat will be done if price hits 1 satoshi? Some whales will controll the market and you know what this means.
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