Magic8Ball
Legendary
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Activity: 1050
Merit: 1000
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June 01, 2014, 04:26:59 PM |
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Dont mistake the DGB-Market reaction for a reaction to the announcement. It is the opposite. The hype about the announcement is selfmade and the people are being played by their own minds tricks. Of course an algo change is nothing that implements itsself. It takes time and testing because we all want security for our investment and not some half baked experiment that risks it all. We should all have known that in advance. And OF COURSE there are some of us understanding that and make some quick trades with the insecure hands. What goes up must come down and a little bit of insecureness creates an avalanche. And in these small markets with a 12 BTC Volume it is quite easy to push the price around in the right moments.
The strategy for a rising price is simple: DONT SELL YOUR DGB. Wait for the expected target in a few years. Maybe 10 cents, maybe 1$, maybe 10$.
And to the developers: stick to your target but get innovative. Multi-Algo is the right direction. It takes time and you take a very professional approach in your announcements. That impressed me alot. (but please switch the logo to your suit and of the tie. Us europeans get blinded from so much grace you know? ;p )
Actually you should sell when price has gone up a lot because regardless of the merits there will be a huge correction.
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,./,./
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June 01, 2014, 08:10:27 PM |
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The_Cashier
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June 01, 2014, 09:08:57 PM |
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Better rewards Coins deposited directly in your wallet DDoS resistant Up 24h/24h No registration needed, just a DigiByte address as username If node is down, you don't lose your DigiByte, your work is saved on network.
JOIN US TO MINE
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makishart
Legendary
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Activity: 3122
Merit: 1029
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June 01, 2014, 09:11:45 PM |
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Sell in mintpall Buy in AGX
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fendlestick
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June 02, 2014, 12:33:27 AM |
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Hi, please add Coin Gas to your Merchants list, we take DigiByte for Steam Games, www.coingas.com
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SSG69
Member
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Activity: 61
Merit: 10
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June 02, 2014, 07:32:32 AM |
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Actually you should sell when price has gone up a lot because regardless of the merits there will be a huge correction.
I agree if you have the balls in the right moment. But in general: if the community wants a stable high price then it is best not to offer them to the market. This will make them rare and drive the price up until you are pleased with your personal investment goal. Also you risk loosing them all if the price looses you and raises steep without you being able to rebuy. So i stick to my claim: if you want a high price, don´t sell your DGB.
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DigiByte (OP)
Legendary
Offline
Activity: 1722
Merit: 1051
Official DigiByte Account
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June 02, 2014, 07:52:16 AM |
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Good things have happened today for DigiByte. We cannot tell you exactly right now for reasons that will be apparent later on.
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hashnine
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June 02, 2014, 08:59:37 AM |
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Good things have happened today for DigiByte. We cannot tell you exactly right now for reasons that will be apparent later on. Sounds good !
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Careful XC anonymous coin is a scam
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benjamoyne
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June 02, 2014, 11:14:19 AM |
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Good things have happened today for DigiByte. We cannot tell you exactly right now for reasons that will be apparent later on. Thats the update we need! Something positive, with an air of mystery.
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hardcoreprime
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June 02, 2014, 01:46:45 PM |
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Hi, I have been into Crypto for about a year and am in Marketing. One suggestion i would like to make is that when i go to the Digibyte website, the first thing i would like to see is an explanation of what Digibyte is and what it can do for me in non-technical terms. Looking from the view of a novice, i would probably not know what a world-wide decentralized payment network is... or what bitcoin is. Frankly, i wouldnt care about Bitcoin/Digibyte..... I just would want to know how this is an improvement over regular money and why i should adopt the product. What's in it for me? I've seen many currency sites with homepage information that only target miners, programmers etc.... but you need to appeal to the general population...... mining information needs to be on a separate page as it will probably confuse people. A video similar to bit-coins would be nice too The reason why i am suggesting this is because i want to use Facebook and use a promoted ad and point to your website. I'm not sure who to target or what countries.....perhaps you could provide a few suggestions? P.S I am an investor in Digibyte because i believe in the product and the team involved. Keep up the great work!
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HR
Legendary
Offline
Activity: 1176
Merit: 1011
Transparency & Integrity
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June 02, 2014, 11:09:26 PM |
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As of 2014-06-02 21:03:42 Last 24 hours: only 410 blocks found of a supposed 1440 theoretical programed 60 second blocks.
Previous 24 hours: only 280 blocks found
Previous 24 hours: only 166 blocks foundWhat would be the explanation for this? In order to be competitive with ASIS resistant coins (and the few still competitive scrypt coins), on a relative profitability basis, actually mining the coin, DGB would have to be valued at around 120 satoshi, and that, of course, is based on a 60 second block find basic assumption. With blocks being found at only around 1/4 of the rate of what should be the case . . . well, I'll let you all do the math. Blockchain Explorer: http://explorer.cryptopoolmining.com/chain/DigiByteSomething is very wrong with this picture.
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DigiByte (OP)
Legendary
Offline
Activity: 1722
Merit: 1051
Official DigiByte Account
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June 03, 2014, 12:07:53 AM |
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As of 2014-06-02 21:03:42 Last 24 hours: only 410 blocks found of a supposed 1440 theoretical programed 60 second blocks.
Previous 24 hours: only 280 blocks found
Previous 24 hours: only 166 blocks foundWhat would be the explanation for this? In order to be competitive with ASIS resistant coins (and the few still competitive scrypt coins), on a relative profitability basis, actually mining the coin, DGB would have to be valued at around 120 satoshi, and that, of course, is based on a 60 second block find basic assumption. With blocks being found at only around 1/4 of the rate of what should be the case . . . well, I'll let you all do the math. Blockchain Explorer: http://explorer.cryptopoolmining.com/chain/DigiByteSomething is very wrong with this picture. This information is coming from 1 mining pool. Not the entire DigiByte network.
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appbox
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June 03, 2014, 12:17:21 AM |
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As of 2014-06-02 21:03:42 Last 24 hours: only 410 blocks found of a supposed 1440 theoretical programed 60 second blocks.
Previous 24 hours: only 280 blocks found
Previous 24 hours: only 166 blocks foundWhat would be the explanation for this? In order to be competitive with ASIS resistant coins (and the few still competitive scrypt coins), on a relative profitability basis, actually mining the coin, DGB would have to be valued at around 120 satoshi, and that, of course, is based on a 60 second block find basic assumption. With blocks being found at only around 1/4 of the rate of what should be the case . . . well, I'll let you all do the math. Blockchain Explorer: http://explorer.cryptopoolmining.com/chain/DigiByteSomething is very wrong with this picture. This information is coming from 1 mining pool. Not the entire DigiByte network. DigiSheild in low hashrate have some issues. http://digibyte.dgbpool.com/?page=statistics&action=blocks132732 Confirmed MC 03/06 06:45:02 132351 Confirmed abclpr 02/06 06:39:45 Previous 24 hours: ONLY 400 Blocks. Hope the next version fix that.
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DigiByte (OP)
Legendary
Offline
Activity: 1722
Merit: 1051
Official DigiByte Account
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June 03, 2014, 12:21:44 AM |
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As of 2014-06-02 21:03:42 Last 24 hours: only 410 blocks found of a supposed 1440 theoretical programed 60 second blocks.
Previous 24 hours: only 280 blocks found
Previous 24 hours: only 166 blocks foundWhat would be the explanation for this? In order to be competitive with ASIS resistant coins (and the few still competitive scrypt coins), on a relative profitability basis, actually mining the coin, DGB would have to be valued at around 120 satoshi, and that, of course, is based on a 60 second block find basic assumption. With blocks being found at only around 1/4 of the rate of what should be the case . . . well, I'll let you all do the math. Blockchain Explorer: http://explorer.cryptopoolmining.com/chain/DigiByteSomething is very wrong with this picture. This information is coming from 1 mining pool. Not the entire DigiByte network. DigiSheild in low hashrate have some issues. http://digibyte.dgbpool.com/?page=statistics&action=blocks132732 Confirmed MC 03/06 06:45:02 132351 Confirmed abclpr 02/06 06:39:45 Previous 24 hours: ONLY 400 Blocks. Hope the next version fix that. Check the data for the whole network. Not just one mining pool.
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22langer22
Newbie
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Activity: 38
Merit: 0
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June 03, 2014, 12:39:16 AM Last edit: June 03, 2014, 01:27:36 AM by 22langer22 |
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@Digibyte When a marketplace rolls out, doesn't the coin need to have a value for it to be successful?
Edit: have I had one post without spelling errors?
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DigiByte (OP)
Legendary
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Activity: 1722
Merit: 1051
Official DigiByte Account
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June 03, 2014, 01:37:34 AM |
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@Digibyte When a marketplace roles out, doesn't the coin need to have a value for it to be successful?
If we are the first coin on a large level to be accepted on a large scale by in physical stores does that not give the coin value?
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22langer22
Newbie
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Activity: 38
Merit: 0
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June 03, 2014, 01:54:07 AM |
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@Digibyte When a marketplace roles out, doesn't the coin need to have a value for it to be successful?
If we are the first coin on a large level to be accepted on a large scale by in physical stores does that not give the coin value? Would like to start with you guys are killing it. Now, look at how difficult it has been for bitcoin (with national coverage, a great value, and a community of developers) to obtain market acceptance? If DGB has a one dollar value when you pursue market adoption think of how much easier it will be to obtain, whether it be obtained by small side projects, expedited algo launch, PR campaigns (Contacting big businesses, media, and other such venues). Your community will do projects, I doubt very few people here won't put something foward (I mean the time i spent looking at a chart that doesnt move could be put to good use). I was the one that tweeted Brian Kelly (probably would have anyway posted anyway) and Doge, it was something. Maybe invest a little bit of time putting together a Digi-community project, a PR campaign. The coin needs value, look what happened to BTC with some value. Now DOGE is successful because of its community, they use theirs. Do the same?
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appbox
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June 03, 2014, 02:20:02 AM |
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Check the data for the whole network. Not just one mining pool.
This is whole network data. current block: 132,795 DGB released days 142 * 1440(24*60) = 204480
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appbox
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June 03, 2014, 02:27:40 AM |
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@Digibyte When a marketplace roles out, doesn't the coin need to have a value for it to be successful?
If we are the first coin on a large level to be accepted on a large scale by in physical stores does that not give the coin value? Would like to start with you guys are killing it. Now, look at how difficult it has been for bitcoin (with national coverage, a great value, and a community of developers) to obtain market acceptance? If DGB has a one dollar value when you pursue market adoption think of how much easier it will be to obtain, whether it be obtained by small side projects, expedited algo launch, PR campaigns (Contacting big businesses, media, and other such venues). Your community will do projects, I doubt very few people here won't put something foward (I mean the time i spent looking at a chart that doesnt move could be put to good use). I was the one that tweeted Brian Kelly (probably would have anyway posted anyway) and Doge, it was something. Maybe invest a little bit of time putting together a Digi-community project, a PR campaign. The coin needs value, look what happened to BTC with some value. Now DOGE is successful because of its community, they use theirs. Do the same? Like this: Amazon accepted Digibyte. This is value. Professional is good.
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