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

[DigiByte]

In your opinion what does #DigiByte need right now to become on of the top five coins in the crypto economy?

[appbox]

In your opinion what does #DigiByte need right now to become on of the top five coins in the crypto economy?

2000+ BTC Volume.

[nrvkush]

In your opinion what does #DigiByte need right now to become on of the top five coins in the crypto economy?

Post some anonymous update, you will get it pumped straight away all over the place

[DigiByte]

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[Acidyo]

Looks good, finally someone who at least puts some time down on a coin!

Now as long as you don't fuck up the release this coin will have a future!

Hah, found an old post of mine, nice to see how long this coin has been alive and doing well! Good luck with all future plans, devteam.

[DigiByte]

Looks good, finally someone who at least puts some time down on a coin!

Now as long as you don't fuck up the release this coin will have a future!

Hah, found an old post of mine, nice to see how long this coin has been alive and doing well! Good luck with all future plans, devteam.

Thank you!

[ycagel]

1.More liquidity and volume.

2.Viral marketing

3.Large retailer and merchant adoption

4.Major investor to provide infrastructure capacity

I would still like to understand the supply of coins and overall benefit with a large amount of 21B. Has this been discussed with the dev team and are there any cons to it?

YC

In your opinion what does #DigiByte need right now to become on of the top five coins in the crypto economy?

[ycagel]

Large buy orders on Mintpal. Interesting...

[Acidyo]

Large buy orders on Mintpal. Interesting...

Hope it's not just a random pump and dump cause of the multi-algo news.

[iikun]

In your opinion what does #DigiByte need right now to become on of the top five coins in the crypto economy?

I think that we need to decide who to market it to, Merchants or Users. Either one will do because if there is demand Merchants will adopt it. If Merchants make it available, more potential Users will see that & investigate what it is.

For Merchants:
- More user friendly blockchain analysis tools, to be able to gain info on who is buying what, when, what other products that user is buying etc.

- A way of selling/redeeming larger quantities of DGB into fiat without affecting the market price & driving the price down on themselves when converting (increased trading vol would solve this)

- A lite-wallet or Merchant oriented online wallet (similar to exchange) so that non-tech minded Merchants can use it w/out downloading the blockchain and/or worry about which exchange is safe to use etc. A service like Bitpay would be ideal. Basically we have to remove the requirement for Merchants to be tech-minded.


For Users:
- Anonymity. I don't want stores to be able to analyze my habits so easily to be honest. If wallets are identified as belonging to certain merchants then entire spending histories are out there to be seen. There are several companies now doing big data analysis on btc spending habits in order to sell user info to merchants. If Digibyte is to be a POS solution then this is something to be aware of/address moving forward IMHO.

- An easy way to spend on the go. This is a tough one, but the Android wallet is a good start. Apple have said they will allowed "approved digital currencies" which makes it sound like the choice of which they allow is up to them. Also, I wonder what will happen if Apple change their minds in the future & suddenly disable a wallet app. Would there be any way to recover those lost coins?

- Historically, increased DGB trading volume always pushes up DGB price. 2000BTC /day is not realistic, but perhaps 100BTC /day is. I believe (just opinion) that 100 Satoshis is a big psychological barrier. Since we came down from 300 I believe the big pushes have always stopped in the 90s. Getting back up over 100 may be the thing we need for people to realize DGB's potential and try holding more rather than just speculating.


As for becoming a top 5 coin, the price jump this week temporarily pushed us up to a $650,000 market cap. That would've put us in 38th spot on coinmarketcap (currently 53). I would like to see us hit a $1.000.000 cap again, I think it's a good medium term target & would give us appeal to both people in the crypto world as well as Merchants.

Not all of my ideas above will be possible (some are opposite like the anonymity vs analysis thing) but personally I would like to see some degree of anonymity given that DGB is supposed to be a POS solution. For big ticket items I can't say I mind because that is exactly what credit card companies do now, but I don't want to worry about having my spending habits analyzed when I'm out buying milk, or shopping online. Merchants can't analyze cash, so they shouldn't be able to analyze DGB users either. (although as above there is a relatively strong case for the opposite).

[CryptoLTD]

In your opinion what does #DigiByte need right now to become on of the top five coins in the crypto economy?

I think that we need to decide who to market it to, Merchants or Users. Either one will do because if there is demand Merchants will adopt it. If Merchants make it available, more potential Users will see that & investigate what it is.

For Merchants:
- More user friendly blockchain analysis tools, to be able to gain info on who is buying what, when, what other products that user is buying etc.

- A way of selling/redeeming larger quantities of DGB into fiat without affecting the market price & driving the price down on themselves when converting (increased trading vol would solve this)

- A lite-wallet or Merchant oriented online wallet (similar to exchange) so that non-tech minded Merchants can use it w/out downloading the blockchain and/or worry about which exchange is safe to use etc. A service like Bitpay would be ideal. Basically we have to remove the requirement for Merchants to be tech-minded.


For Users:
- Anonymity. I don't want stores to be able to analyze my habits so easily to be honest. If wallets are identified as belonging to certain merchants then entire spending histories are out there to be seen. There are several companies now doing big data analysis on btc spending habits in order to sell user info to merchants. If Digibyte is to be a POS solution then this is something to be aware of/address moving forward IMHO.

- An easy way to spend on the go. This is a tough one, but the Android wallet is a good start. Apple have said they will allowed "approved digital currencies" which makes it sound like the choice of which they allow is up to them. Also, I wonder what will happen if Apple change their minds in the future & suddenly disable a wallet app. Would there be any way to recover those lost coins?

- Historically, increased DGB trading volume always pushes up DGB price. 2000BTC /day is not realistic, but perhaps 100BTC /day is. I believe (just opinion) that 100 Satoshis is a big psychological barrier. Since we came down from 300 I believe the big pushes have always stopped in the 90s. Getting back up over 100 may be the thing we need for people to realize DGB's potential and try holding more rather than just speculating.


As for becoming a top 5 coin, the price jump this week temporarily pushed us up to a $650,000 market cap. That would've put us in 38th spot on coinmarketcap (currently 53). I would like to see us hit a $1.000.000 cap again, I think it's a good medium term target & would give us appeal to both people in the crypto world as well as Merchants.

Not all of my ideas above will be possible (some are opposite like the anonymity vs analysis thing) but personally I would like to see some degree of anonymity given that DGB is supposed to be a POS solution. For big ticket items I can't say I mind because that is exactly what credit card companies do now, but I don't want to worry about having my spending habits analyzed when I'm out buying milk, or shopping online. Merchants can't analyze cash, so they shouldn't be able to analyze DGB users either. (although as above there is a relatively strong case for the opposite).

In one breath you say: "For Merchants:
- More user friendly blockchain analysis tools, to be able to gain info on who is buying what,"

In another breath you say: For Users:
- Anonymity. I don't want stores to be able to analyze my habits so easily to be honest.

Are you on drugs?

[iikun]

In your opinion what does #DigiByte need right now to become on of the top five coins in the crypto economy?

I think that we need to decide who to market it to, Merchants or Users. Either one will do because if there is demand Merchants will adopt it. If Merchants make it available, more potential Users will see that & investigate what it is.

For Merchants:
- More user friendly blockchain analysis tools, to be able to gain info on who is buying what, when, what other products that user is buying etc.

- A way of selling/redeeming larger quantities of DGB into fiat without affecting the market price & driving the price down on themselves when converting (increased trading vol would solve this)

- A lite-wallet or Merchant oriented online wallet (similar to exchange) so that non-tech minded Merchants can use it w/out downloading the blockchain and/or worry about which exchange is safe to use etc. A service like Bitpay would be ideal. Basically we have to remove the requirement for Merchants to be tech-minded.


For Users:
- Anonymity. I don't want stores to be able to analyze my habits so easily to be honest. If wallets are identified as belonging to certain merchants then entire spending histories are out there to be seen. There are several companies now doing big data analysis on btc spending habits in order to sell user info to merchants. If Digibyte is to be a POS solution then this is something to be aware of/address moving forward IMHO.

- An easy way to spend on the go. This is a tough one, but the Android wallet is a good start. Apple have said they will allowed "approved digital currencies" which makes it sound like the choice of which they allow is up to them. Also, I wonder what will happen if Apple change their minds in the future & suddenly disable a wallet app. Would there be any way to recover those lost coins?

- Historically, increased DGB trading volume always pushes up DGB price. 2000BTC /day is not realistic, but perhaps 100BTC /day is. I believe (just opinion) that 100 Satoshis is a big psychological barrier. Since we came down from 300 I believe the big pushes have always stopped in the 90s. Getting back up over 100 may be the thing we need for people to realize DGB's potential and try holding more rather than just speculating.


As for becoming a top 5 coin, the price jump this week temporarily pushed us up to a $650,000 market cap. That would've put us in 38th spot on coinmarketcap (currently 53). I would like to see us hit a $1.000.000 cap again, I think it's a good medium term target & would give us appeal to both people in the crypto world as well as Merchants.

Not all of my ideas above will be possible (some are opposite like the anonymity vs analysis thing) but personally I would like to see some degree of anonymity given that DGB is supposed to be a POS solution. For big ticket items I can't say I mind because that is exactly what credit card companies do now, but I don't want to worry about having my spending habits analyzed when I'm out buying milk, or shopping online. Merchants can't analyze cash, so they shouldn't be able to analyze DGB users either. (although as above there is a relatively strong case for the opposite).

In one breath you say: "For Merchants:
- More user friendly blockchain analysis tools, to be able to gain info on who is buying what,"

In another breath you say: For Users:
- Anonymity. I don't want stores to be able to analyze my habits so easily to be honest.

Are you on drugs?

You might want to read things properly before making silly comments like that in the future.  Ideas are ideas, and I had taken the dev's original question as a request for brainstorming rather than just one-sided opinion

[HansW]

Dev's, how is your trip going in LA?
What's the status, did you managed to get in contact with some important people?
Just curiousity  

[ycagel]

Does anyone have a calculator that can discuss buying power of variations in pricing for BTC and DGB compared to Us Dollar? For example, if DGB is at 43 satoshi and BTC is at $660, is it in my advantage to buy DGB at 33 satoshi and BTC up to $670 or is the reverse true? Wish someone had a tool for this.

YC

[piyany]

In your opinion what does #DigiByte need right now to become on of the top five coins in the crypto economy?

Ok, let's be honest then. The coin at this moment has nothing unique about it. DigiShield was given to so many coins that now they just copy-paste it without giving credit. And it took DigiByte team two months to code it?

The basic technicals are old and not attractive. Scrypt will be raped by ASICs soon, PoW inflation means constant downward pressure. Multipools still cause a little chaos when price increases.
Implementing new multi-algo as mentioned will take months? And still it will be a spin-off of MyriadCoin, not sure this will get huge attention.

Comparing to top5 coins makes no sense. Even coins like FlutterCoin have huge advantage over DigiByte with unique and interesting technicals. And yet they are struggling with increasing market cap.

So what can DigiByte do? Make the best multi-algo algorithm as fast as possible, implement anonymity features, actually make that deal with the merchants instead of tweeting about it.  

[,./,./]

made a multi-pool for digibyte

if you mine on the multi-pool, you get than every time digibytes in your wallet but you mine, blackcoins, darcoins, dogecoins

edit:if you looking anyone to made the video, you can send me a PM/E-mail

[piyany]

made a multi-pool for digibyte

if you mine on the multi-pool, you get than every time digibytes in your wallet but you mine, blackcoins, darcoins, dogecoins

Yeah, mining blackcoins seems reasonable.

[benjamoyne]

In your opinion what does #DigiByte need right now to become on of the top five coins in the crypto economy?

Really simple answer.

A way for it to be easy to spend.

A way for a merchant to easily accept it.


For instance, we have a website setup now in Australia that accepts bitcoin and pays out in AUD to BPAY.
BPAY allows me to pay every single one of my bills with a simple Biller code and a reference number.

[cryptmebro]

In your opinion what does #DigiByte need right now to become on of the top five coins in the crypto economy?

Really simple answer.

A way for it to be easy to spend.

A way for a merchant to easily accept it.


For instance, we have a website setup now in Australia that accepts bitcoin and pays out in AUD to BPAY.
BPAY allows me to pay every single one of my bills with a simple Biller code and a reference number.

This is the only answer needed.

[BlazingHashes]

www.blazinghashes.com