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

[iikun]

So let me get this straight. Theres a bunch of people investing in specialized hardware to support and secure this network efficiently and you all want to punish them by switching mining algo's? They believe in DGB and want to accumulate as much as they can through mining, somehow there's a problem with it? It's called competition.

Yes, I can agree with switching out dead algo's such as qubit.

they will still be asic algo  but now if we do nothing they will be no cpu&gpu algo anymore  onyl asic

and you think it s fair  when someone is doing close to 1 million dgb a day and probably dumping it everyday?

They are actively investing in the network. Swap the shitty qubit algo for a better cpu algo and leave the rest alone. No need to force the miners out so people can get their easy coins. If that happens, the network will be less secure and less valued overall.

To a certain extent I have to agree. Fighting asics is like fighting against the natural progression of technology, which is weird, especially for new tech like crypto.
Would Bitcoin have grown as much as it has if everyone still used massive GPU farms, sucking down electricity like the proverbial?  Lower costs of mining mean fewer coins need to be dumped to pay for it, which is a good thing.

[stellerator]

Any chance DGB will rise in the future. Any hype up news or time place in roadmap or we will stuck like this forever?

There are no bs hype news or whatever but there is proper roadmap and yes DGB will rise...https://digibytefoundation.org/

I agree.

Jared always targeted a $1 - $5 per DGB price point long term. I think within 24 months we will be in these ranges.

Jared lives in asia and i suspect that will be the market that rockets DGB when its time has come.

Would be awesome if we could hit that target so soon

He doesnt live in asia tho

From technical perspectives Digibyte is not bad cryptocurrency, Fast transactions(~ 1 min), very large TPS (560 transaction per second), so rising is a matter of time   

[psiksenz]

As long as you are OK to carry on holding you will not be dissappointed.  We'll be getting a mass influx of people starting in the next few month.  Solid coins with good tech will get a massive boost, especially ones with such an awesome price history like DGB

[Tortoise75]

So let me get this straight. Theres a bunch of people investing in specialized hardware to support and secure this network efficiently and you all want to punish them by switching mining algo's? They believe in DGB and want to accumulate as much as they can through mining, somehow there's a problem with it? It's called competition.

Yes, I can agree with switching out dead algo's such as qubit.

they will still be asic algo  but now if we do nothing they will be no cpu&gpu algo anymore  onyl asic

and you think it s fair  when someone is doing close to 1 million dgb a day and probably dumping it everyday?

They are actively investing in the network. Swap the shitty qubit algo for a better cpu algo and leave the rest alone. No need to force the miners out so people can get their easy coins. If that happens, the network will be less secure and less valued overall.

To a certain extent I have to agree. Fighting asics is like fighting against the natural progression of technology, which is weird, especially for new tech like crypto.
Would Bitcoin have grown as much as it has if everyone still used massive GPU farms, sucking down electricity like the proverbial?  Lower costs of mining mean fewer coins need to be dumped to pay for it, which is a good thing.

To an extent I agree as well, that's why I wouldn't want to swap the strongest of the Baikal algos. But there's no need to keep 2 or more algos dominated by the same specialized hardware.

How is it better that it's now even more massive ASIC miner farms sucking down electricity like the proverbial? The individual machine may be hugely more efficient but since the gains are limited and controlled by the difficulty the whole thing is still mostly based on costs of electricity vs value of the mined coins as long as enough hardware is available. If the hardware is not available in those numbers, from several manufacturers in a variety of markets, it's a risk for the security of the blockchain, which is actually a concern lasting on Bitcoin for quite some while now and it still didn't cut down electricity use, not enough to stop all the 'Madness! Electricity enough to power cities wasted to generate useless electronic currency' stuff in the mainstream press at least, which, along that it's otherwise mostly only mentioned together with ransomware and other criminal activities, doesn't exactly help it's image.

[TheIrishman]

Would Bitcoin have grown as much as it has if everyone still used massive GPU farms, sucking down electricity like the proverbial?  Lower costs of mining mean fewer coins need to be dumped to pay for it, which is a good thing.

If a coin's "growth" (which in Bitcoin's case I don't attribute to ASICs having replaced GPUs, by the way) comes at the cost of massive centralization of that coin's production, it's by no means a good thing and completely against the basic principles of DigiByte.

[DaveWave]

Any chance DGB will rise in the future. Any hype up news or time place in roadmap or we will stuck like this forever?

There are no bs hype news or whatever but there is proper roadmap and yes DGB will rise...https://digibytefoundation.org/

I agree.

Jared always targeted a $1 - $5 per DGB price point long term. I think within 24 months we will be in these ranges.

Jared lives in asia and i suspect that will be the market that rockets DGB when its time has come.

Would be awesome if we could hit that target so soon

He doesnt live in asia tho

From technical perspectives Digibyte is not bad cryptocurrency, Fast transactions(~ 1 min), very large TPS (560 transaction per second), so rising is a matter of time   

Nice little convo here. I am also a holder of DGB since it was 500 sats. I am still holding because I am just very confident of it. So yeah it is only a matter of time before this fastest coin with very little fee gets its deserved place. How I wish $1 happens by next year. 

[waqasniaz007]

DGB is excellent project and team is good but still undervalued. Now i am confused that should i buy or wait for more dips.

[iikun]

So let me get this straight. Theres a bunch of people investing in specialized hardware to support and secure this network efficiently and you all want to punish them by switching mining algo's? They believe in DGB and want to accumulate as much as they can through mining, somehow there's a problem with it? It's called competition.

Yes, I can agree with switching out dead algo's such as qubit.

they will still be asic algo  but now if we do nothing they will be no cpu&gpu algo anymore  onyl asic

and you think it s fair  when someone is doing close to 1 million dgb a day and probably dumping it everyday?

They are actively investing in the network. Swap the shitty qubit algo for a better cpu algo and leave the rest alone. No need to force the miners out so people can get their easy coins. If that happens, the network will be less secure and less valued overall.

To a certain extent I have to agree. Fighting asics is like fighting against the natural progression of technology, which is weird, especially for new tech like crypto.
Would Bitcoin have grown as much as it has if everyone still used massive GPU farms, sucking down electricity like the proverbial?  Lower costs of mining mean fewer coins need to be dumped to pay for it, which is a good thing.

To an extent I agree as well, that's why I wouldn't want to swap the strongest of the Baikal algos. But there's no need to keep 2 or more algos dominated by the same specialized hardware.

How is it better that it's now even more massive ASIC miner farms sucking down electricity like the proverbial? The individual machine may be hugely more efficient but since the gains are limited and controlled by the difficulty the whole thing is still mostly based on costs of electricity vs value of the mined coins as long as enough hardware is available. If the hardware is not available in those numbers, from several manufacturers in a variety of markets, it's a risk for the security of the blockchain, which is actually a concern lasting on Bitcoin for quite some while now and it still didn't cut down electricity use, not enough to stop all the 'Madness! Electricity enough to power cities wasted to generate useless electronic currency' stuff in the mainstream press at least, which, along that it's otherwise mostly only mentioned together with ransomware and other criminal activities, doesn't exactly help it's image.

I agree with your first point, no need to keep more than one of the Baikal algos.

The electricity point I was more just thinking out loud, and probably that the first halving was roughly when asics first hit probably clouds my memory a little as to exactly when the price started booming. Regardless, it is a lot easier to have an asic in your home that a whole bunch of GPUs etc. Especially if one of your GPUs starts sparking and flames up like one of mine did once (oops). And not everyone lives in a country where we can just put things out in the garage...I don't have much room for anything larger than a PC tower so I appreciate being able to keep things compact. Regardless, I think we're basically in agreement...leave one or two algos for asics, make sure one is cpu, one is gpu and everyone is happy and willing to keep supporting the network.

[Driendy]

Any chance DGB will rise in the future. Any hype up news or time place in roadmap or we will stuck like this forever?

There are no bs hype news or whatever but there is proper roadmap and yes DGB will rise...https://digibytefoundation.org/

I agree.

Jared always targeted a $1 - $5 per DGB price point long term. I think within 24 months we will be in these ranges.

Jared lives in asia and i suspect that will be the market that rockets DGB when its time has come.

Guys can someone explain +4.25% today's pump What is going on wowow, any updates ? with this pace we reach soon 1$ 

Well but jokes aside 1$ i feel is very optimistic. 10 BLN of market cap is needed and to get there :
1st you need to survive the winter (new regulations coming in , new coins ideas , projects ...) to talk about after 2 years . If by then the project is still active and moves to 1bln = great
2d soon there will be new expectations from the market. Are you going to be listed in investeent packages like BTC does ? Are you in team with a big name ? If not then this will always stay an amateur project and wouldn't move to closer to 1$.

[KeyGenKing]

Any chance DGB will rise in the future. Any hype up news or time place in roadmap or we will stuck like this forever?

There are no bs hype news or whatever but there is proper roadmap and yes DGB will rise...https://digibytefoundation.org/

I agree.

Jared always targeted a $1 - $5 per DGB price point long term. I think within 24 months we will be in these ranges.

Jared lives in asia and i suspect that will be the market that rockets DGB when its time has come.

Guys can someone explain +4.25% today's pump What is going on wowow, any updates ? with this pace we reach soon 1$ 

Well but jokes aside 1$ i feel is very optimistic. 10 BLN of market cap is needed and to get there :
1st you need to survive the winter (new regulations coming in , new coins ideas , projects ...) to talk about after 2 years . If by then the project is still active and moves to 1bln = great
2d soon there will be new expectations from the market. Are you going to be listed in investeent packages like BTC does ? Are you in team with a big name ? If not then this will always stay an amateur project and wouldn't move to closer to 1$.

LOL, coin is worth $0.01 now....

[Delphinus]

Up 4.5% is hardly a pump, it's normal crypto fluctuation.

Up 45% would be a pump..

[Driendy]

Up 4.5% is hardly a pump, it's normal crypto fluctuation.

Up 45% would be a pump..

Yeah , that was a joke but I agree also with the guys above that the low price is not to stay forever . BTC is eating all the coming cash but this will start spreading to other coins like it happened in April . I don't know when and to which extend DGB will benefit - maybe x10 or maybe x100. From here will need 120 times the current market cap to reach 1$ or 10 billion market cap. Is it possible at all ? Only the time will tell.

[xXuMuKx]

1 $ when 1 BTC would be 100k $ 

[P4ndoraBox]

Baikal miners stopped selling.

Watch out the drop.

Jared tate got a few baikals miners and doesnt care about you, he is draining your money and ur following him like he would change something holding that 100$ bill on his profile picture.

[yeyz20171031]

DigiByte encryption currency, this is a history of several years of coins, founder of Jared is very excellent. In the next few months, as long as investors hold firmly, they will get huge profits.

[Wawaji]

Baikal miners stopped selling.

Watch out the drop.

Jared tate got a few baikals miners and doesnt care about you, he is draining your money and ur following him like he would change something holding that 100$ bill on his profile picture.

I usually like criticism but this one is a uter tinfoil hat theory. Even if he does own a baikal, what stops him from having one? it's his investiment. Also, crypto space is starting to go mainstream, it would be very stupid to quit such a promising project at this point. I hope you're a troll.

[Jumbley]

Baikal miners stopped selling.

Watch out the drop.

Jared tate got a few baikals miners and doesnt care about you, he is draining your money and ur following him like he would change something holding that 100$ bill on his profile picture.

I usually like criticism but this one is a uter tinfoil hat theory. Even if he does own a baikal, what stops him from having one? it's his investiment. Also, crypto space is starting to go mainstream, it would be very stupid to quit such a promising project at this point. I hope you're a troll.

I'm willing to bet it's 100% prime BS!   But if it were true and I knew for sure Jared had invested in a farm, I'd be willing to put more money in because hands don't come any stronger than Jared's. 

[Driendy]

1 $ when 1 BTC would be 100k $ 

Well, we never know really. Why do you think the alts dropped ? BTC now is giving for free some cash. People want to be involved with cryptos but they look at bitcoin because that on is very profitable at the moment. Can it continue for years? I don't think so. I rather feel that soon the tendency will shift in favor of alts. It well may be that with 1 trillion market cap we still run on a 10k bitcoin while some like Dash or LTC gain extra 50 billion in market cap. If the top 10 get to 50 billion market cap we are already at 500 billion, there is no need to put all the eggs in the basket of one bitcoin. People will start to diversify sooner or later.

[Jumbley]

1 $ when 1 BTC would be 100k $ 

Well, we never know really. Why do you think the alts dropped ? BTC now is giving for free some cash. People want to be involved with cryptos but they look at bitcoin because that on is very profitable at the moment. Can it continue for years? I don't think so. I rather feel that soon the tendency will shift in favor of alts. It well may be that with 1 trillion market cap we still run on a 10k bitcoin while some like Dash or LTC gain extra 50 billion in market cap. If the top 10 get to 50 billion market cap we are already at 500 billion, there is no need to put all the eggs in the basket of one bitcoin. People will start to diversify sooner or later.

If the alt has its own substantial decentralized proven BLOCKCHAIN, a firm foundation for the world to build on!

Then it has a future....else buyer beware.

[kensaii]

Up 4.5% is hardly a pump, it's normal crypto fluctuation.

Up 45% would be a pump..

Yeah, I think up to 50% or more could be called as a pump but 4.5% was not. Just be patient and hodl your bag.