o0o0
Legendary
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Activity: 1596
Merit: 1021
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April 24, 2016, 09:55:27 PM |
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I think it will be a self fulfilling prophecy, everyone expects it to rise so everyone will buy making it rise (in the short term)
Hence why im going both ways. saving btc and splitting it. Sell half i save now.. spend other half getting alts if they go cheap. Hopefully one way or another it evens out for me. But then again i could win both ways or get screwed both ways. Btc may drop and alts increase heh
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thsminer
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April 25, 2016, 03:13:18 AM |
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Guys quick question about the bitcoin consensus issue (I haven't been following it so not completely clued into what is happening), my understanding was the consensus was which ever chain had the most core clients open, but from what I hear the miners in china basically controls which chain to follow, is this correct? is that because if they don't upgrade the the amount of hashing power the new chain loses would mean it gets stuck for months+
and does the multi algo mitigate this for digibyte? if not is there a way we can mitigate this issue (not talking about a central authority)
The concensus of the network is determined by the chain with the most work in it. Work is technically determined by the number of hashes (calculations) it took to find a hash that was equal or better than the minimum required for a given difficulty. So all blocks work is added together to get to the the amount of work in a chain of blocks. Multialgo does not alter the Proof Of Work specifics but enables more people to add hashes to the chain. That way the concensus is spread over a bigger number of miners and the more work there is in a chain the less likely it becomes some miner owns over 50% of the network. In case of DGB that miner needs the majority on all algos or 90% of one. The rumor you heard is probably about the Chineese mining operations shutting down because they don't earn enough to pay their bills after the halving. Assumed that 10% of the hashpower would disapear, the difficulty is too high for the remaining 90% and the blocktimes will be an average of 11 minutes instead of 10. In the next retarget the difficulty will be recalculated and everything is fine again. Whatever happens the chain won't be affected much by miners ceasing operation.
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IloveDigibyte
Full Member
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Activity: 303
Merit: 100
POS / PRIMENODES
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April 25, 2016, 03:43:18 AM Last edit: April 25, 2016, 04:00:34 AM by IloveDigibyte |
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Are there any plans to introduce DGB to Africa as an alternative payment system? In the poorest regions of this continent there are barely any functional financial techonological structures, hence in theory it should be easier to replace their fiat system with a DGB system, no need to create fiat gateways if the entire economy adopts DGB, kinda like what AUR is doing in Iceland. It's also good for the reputation of DigiByte to get involved and try to fight corruption and economic degradation that way. DGB is a good choice I think since there are a lot of DigiBytes in circulation and populations need a lot of coins if such a project would be implemented nation-wide I believe. I like the fact that DGB thinks outside the box, and I believe in this competing market you absolutely HAVE to do that since a lot of features that coins develop are only unique for a limited amount of time and then it becomes available to all. Hence the most important thing is to capture markets fast and then enjoy the mainstream technological developments surrounding crypto coin technology in general. Africa offers an opportunity to expand the market of DGB and create a better world. However, I am not a coding dev, but the system needs to be absolutely secure and smooth when you are dealing with the wellbeing of populations so if that's not a 100 percent yet it should be fixed first...Just some ideas, I think we need more out of the box thinking, is DGB community group still actively involved/working out plans?
AUR is a scam , it would be funny to see a scam still succeed in Iceland. The airdrop guy is sitting on a pile of airdrop coins in thousands of addresses. He dumped on the exchanges when the price was over $30 and patiently waiting to do it for a 2nd time.
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VladimirAmfodent
Newbie
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Activity: 51
Merit: 0
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April 25, 2016, 09:04:55 AM |
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Nice buy price yes
Price gets better every day?
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Kiritsugu
Legendary
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Activity: 1570
Merit: 1041
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April 25, 2016, 04:37:58 PM |
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Any progress with fixing the Chrome wallet for DGB? Still can't get mine to sync completely. It stops after downloading ~1400 tx every time.
Was told someone is working on a fix, has there been any progress?
Anyone?
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DigiByte (OP)
Legendary
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Activity: 1722
Merit: 1051
Official DigiByte Account
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April 25, 2016, 05:48:21 PM |
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Any progress with fixing the Chrome wallet for DGB? Still can't get mine to sync completely. It stops after downloading ~1400 tx every time.
Was told someone is working on a fix, has there been any progress?
Anyone? We are testing through and reproducing this error. Please stay tuned. We are on it!
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crazy-igzo
Member
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Activity: 97
Merit: 10
Data Scientist
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April 26, 2016, 01:56:53 AM |
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Any progress with fixing the Chrome wallet for DGB? Still can't get mine to sync completely. It stops after downloading ~1400 tx every time.
Was told someone is working on a fix, has there been any progress?
Anyone? hi, I deleted the app and reinstalled it and imported my wallet and it's working fine(save back up before deleting ), I think the automatic update didn't go well. I'm not sure, it's working with me now. hope it works for you as well.
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Kiritsugu
Legendary
Offline
Activity: 1570
Merit: 1041
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April 26, 2016, 03:25:30 AM |
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Any progress with fixing the Chrome wallet for DGB? Still can't get mine to sync completely. It stops after downloading ~1400 tx every time.
Was told someone is working on a fix, has there been any progress?
Anyone? hi, I deleted the app and reinstalled it and imported my wallet and it's working fine(save back up before deleting ), I think the automatic update didn't go well. I'm not sure, it's working with me now. hope it works for you as well. Ayyyy, look at you big boy, that was the fix. Worked for me as well. Thanks a bunch mate! Now I can actually get to my DBG haha.
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Roderxpol
Newbie
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Activity: 8
Merit: 0
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April 26, 2016, 06:37:54 AM |
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What price does the community and team normally market the coin again for the next pump? I have started buying small amounts under 70.
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shinep
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April 26, 2016, 07:13:05 AM |
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What price does the community and team normally market the coin again for the next pump? I have started buying small amounts under 70.
32 BTC buy support till 50sat. Last time it was hovering around 50 before the pump happened.
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Roderxpol
Newbie
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Activity: 8
Merit: 0
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April 26, 2016, 07:51:18 AM |
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What price does the community and team normally market the coin again for the next pump? I have started buying small amounts under 70.
32 BTC buy support till 50sat. Last time it was hovering around 50 before the pump happened. Thanks, looking for a good entry point. Potential to make 3-4 times the profit already at these prices.
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kwaasteniet
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April 26, 2016, 08:52:53 AM |
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I'm looking for the skein cgminer software for windows. The link in this ANN doesn't work and with google i only come at the source code but i don't know how to compile it to a windows executable. Can anybody give som help?
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kwaasteniet
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April 26, 2016, 12:25:27 PM |
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I have found CCminer suitable for Skein. So the problem is solved and i am mining digibyte now
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Mr.Joker
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April 26, 2016, 05:13:36 PM |
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no news about the conference?
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cryptodv
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April 26, 2016, 05:42:41 PM |
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Need this coin to hit 110 Sat, so I can break even and break out of this joint!!!
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IloveDigibyte
Full Member
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Activity: 303
Merit: 100
POS / PRIMENODES
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April 26, 2016, 06:03:51 PM |
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Need this coin to hit 110 Sat, so I can break even and break out of this joint!!! Buy more to lower your average.
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djnocide
Legendary
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Activity: 1164
Merit: 1000
Einsteinium Foundation Board Member and Treasurer
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April 26, 2016, 09:45:41 PM |
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Need this coin to hit 110 Sat, so I can break even and break out of this joint!!! You can continue to daily trade at the current price to lower your break even point.
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Rumhurius
Legendary
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Activity: 1672
Merit: 1046
Here we go again
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April 27, 2016, 12:21:13 AM |
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nice entry level again.
think i will pull the trigger soon
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crazy-igzo
Member
Offline
Activity: 97
Merit: 10
Data Scientist
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April 27, 2016, 04:53:40 AM |
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Need this coin to hit 110 Sat, so I can break even and break out of this joint!!! Buy more to lower your average. better to wait a bit, the focus on BTC will make DGB fall in price more and more, and it looks like BTC is no where stabilizing. so better buy cheaper.
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