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CryptoLTD
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August 02, 2014, 12:07:12 AM |
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I'm not sure DGB was 'represented' per say, yes Jarad was there..n talkin with folx.. but was there a DGB/DigiPay presentation of any? I duno.. more curious than anything.
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illodin
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August 02, 2014, 12:31:05 AM |
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Just realized I'm holding approximately 1% of the total digibyte coins. This is the time to secure a nice position with very little money and possibly to become a future whale.  It's not all bad that the price is very low at some point if it's not affecting the team's morale. |
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DigiByte (OP)
Legendary
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Activity: 1722
Merit: 1051
Official DigiByte Account
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August 02, 2014, 12:34:38 AM |
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Just realized I'm holding approximately 1% of the total digibyte coins. This is the time to secure a nice position with very little money and possibly to become a future whale. It's not all bad that the price is very low at some point if it's not affecting the team's morale. Not affecting us at all. We are all buying |
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ycagel
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August 02, 2014, 01:44:15 AM |
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Wow! You own 210,000,000 DGB??? YC Just realized I'm holding approximately 1% of the total digibyte coins. This is the time to secure a nice position with very little money and possibly to become a future whale. It's not all bad that the price is very low at some point if it's not affecting the team's morale. |
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halinyo
Legendary
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Activity: 1106
Merit: 1000
The future is bright with DigiByte.
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August 02, 2014, 01:54:12 AM |
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Wow! You own 210,000,000 DGB??? YC Just realized I'm holding approximately 1% of the total digibyte coins. This is the time to secure a nice position with very little money and possibly to become a future whale. It's not all bad that the price is very low at some point if it's not affecting the team's morale. He got around 12 million. |
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ycagel
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August 02, 2014, 04:00:03 AM |
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Wow that is wild! Good for you! YC Wow! You own 210,000,000 DGB??? YC Just realized I'm holding approximately 1% of the total digibyte coins. This is the time to secure a nice position with very little money and possibly to become a future whale. It's not all bad that the price is very low at some point if it's not affecting the team's morale. He got around 12 million. |
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ycagel
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August 02, 2014, 11:29:35 AM |
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The whole crypto industry reminds me of when the Internet just started in 1994. Parking revenue was non existent and a few investors took the risk on the power of domain names. Fees were expensive and now you look at the commercial value of them and the rest is history. Pretty interesting time period we are in. YC If you know anyone who is still skeptical about DigiByte & digital currencies remind them what Yahoo looked like in 1994:  |
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ycagel
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August 02, 2014, 11:30:26 AM |
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I am looking forward to hearing from the team if this release is scheduled for today as well. YC Our goal is to have the multi-algo update released by this coming weekend. Thank you everyone for the support & lets keep these awesome discussions going within the community. There are a lot of very good ideas coming from some bright & talented people. Thanks you!
@Digibyte
Are you still on track to realize this goal? I'm looking forward to getting mining DGB again. |
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HR
Legendary
Offline
Activity: 1176
Merit: 1011
Transparency & Integrity
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August 02, 2014, 02:19:30 PM |
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Besides Ethereum, Mastercoin & Ripple we were the only alt coin represented there.
Way to go! The thing that surprised us the most was not "if" digital currencies would go main stream, but "when," "how" and "who" would be the first ones to do it.
No doubt about it. Digital currencies ARE a reality - there's no putting the genie back in the bottle. As you said, it's a question of when, and more than how, I would say who, and that "who" will probably determine how and when. Sounds like a great experience and eye opener. Finance is changing & we are proud to stand along side all of you as we are all pioneering the future of money! DigiByte to the moon! The first thing money ever seeks is its own self-preservation. Oh yeah, finance is changing alright, and the pace of that change is going to get ever faster. Seize the opportunity! To the moon! Great job! ---------------------------------o--------------------------------- Oh, and I just love this analogy. Spot on! (And if you think the internet evolved fast, get ready for what's coming, and don't dare blink! ) If you know anyone who is still skeptical about DigiByte & digital currencies remind them what Yahoo looked like in 1994: |
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RJF
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August 02, 2014, 02:33:19 PM |
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Is there currently a WORKING DigiByte pool? I would love to mine a few while waiting on the multi-algo release...
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DNotesVault“First, they ignore you. Then, they laugh at you. Then, they fight you. Then you win!” – Mahatma Gandhi Prepare for your future now, check out CRISP For Retirement and our complete family of CRISP savings plans. |
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DubFX
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August 02, 2014, 02:46:10 PM |
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Is there currently a WORKING DigiByte pool? I would love to mine a few while waiting on the multi-algo release...
Here you go, it should work: http://p2phash.com:9022/static/ |
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RJF
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August 02, 2014, 04:12:24 PM |
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Is there currently a WORKING DigiByte pool? I would love to mine a few while waiting on the multi-algo release...
Here you go, it should work: http://p2phash.com:9022/static/Thanks for the quick reply! I'll give 'em a try later today! |
DNotesVault“First, they ignore you. Then, they laugh at you. Then, they fight you. Then you win!” – Mahatma Gandhi Prepare for your future now, check out CRISP For Retirement and our complete family of CRISP savings plans. |
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HR
Legendary
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Activity: 1176
Merit: 1011
Transparency & Integrity
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August 03, 2014, 04:23:30 PM |
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Heads up again with the ASIC "cancer". If MYR is any indication, or better said, if the price of MYR is any indication, the MYR "formula" might not be the most advisable. I'm still thinking that adjusted rewards to handicap the playing field would at least be one key part in greatly improving upon their 5 algo approach. Something I just posted over there saying basically the same thing. https://bitcointalk.org/index.php?topic=483515.msg8167288#msg8167288Who will get the implementation correct, and who will be first to do it? |
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ycagel
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August 03, 2014, 04:44:53 PM |
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Good feedback. The community is patiently waiting to see what Jared and team will release. I don't believe it will ever be perfect -- needs to constantly evolve. Be nice to get things tested and released, so we can continue to drive in more folks for the coin and accomplish the main vision. YC Heads up again with the ASIC "cancer". If MYR is any indication, or better said, if the price of MYR is any indication, the MYR "formula" might not be the most advisable. I'm still thinking that adjusted rewards to handicap the playing field would at least be one key part in greatly improving upon their 5 algo approach. Something I just posted over there saying basically the same thing. https://bitcointalk.org/index.php?topic=483515.msg8167288#msg8167288Who will get the implementation correct, and who will be first to do it? |
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the_game1224
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August 03, 2014, 04:57:00 PM |
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Heads up again with the ASIC "cancer". If MYR is any indication, or better said, if the price of MYR is any indication, the MYR "formula" might not be the most advisable. I'm still thinking that adjusted rewards to handicap the playing field would at least be one key part in greatly improving upon their 5 algo approach. Something I just posted over there saying basically the same thing. https://bitcointalk.org/index.php?topic=483515.msg8167288#msg8167288Who will get the implementation correct, and who will be first to do it? Aren't the rewards supposed to be evenly distributed between the 5 algos? Hence ASICs would only effect Scrypt and SHA256 or 2/5 of the block rewards? |
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ycagel
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August 03, 2014, 05:03:09 PM |
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I thought HR suggested a more distributed payout based on each algo. Not sure which way Jared and team are going yet. YC Heads up again with the ASIC "cancer". If MYR is any indication, or better said, if the price of MYR is any indication, the MYR "formula" might not be the most advisable. I'm still thinking that adjusted rewards to handicap the playing field would at least be one key part in greatly improving upon their 5 algo approach. Something I just posted over there saying basically the same thing. https://bitcointalk.org/index.php?topic=483515.msg8167288#msg8167288Who will get the implementation correct, and who will be first to do it? Aren't the rewards supposed to be evenly distributed between the 5 algos? Hence ASICs would only effect Scrypt and SHA256 or 2/5 of the block rewards? |
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HR
Legendary
Offline
Activity: 1176
Merit: 1011
Transparency & Integrity
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August 03, 2014, 10:23:51 PM |
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I thought HR suggested a more distributed payout based on each algo. Not sure which way Jared and team are going yet.
YC
That's right, basically because the "adjusted difficulties" don't even come close to getting the job done, as I see it anyway. Here's that post: https://bitcointalk.org/index.php?topic=408268.msg7954541#msg7954541 (The only thing that wasn't adapted to DGB was the total block reward figures, but the rough percentage breakdowns between algo rewards would basically be the same.) Here's something else - completely unrelated - that's perhaps easier on the eyes, takes much less time to digest, and is probably much more fun . . . as I was having a little fun with it myself. |
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ycagel
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August 03, 2014, 10:59:08 PM |
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HR, Pretty neat chart. What I would be curious is to see the life of cryptos that launch compared to DGB's life and price stability. DOGE still has lots of volume, but the price has been trending down where DGB is pretty consistent. We all want price to go up, but it's comfortable to know where we are. YC I thought HR suggested a more distributed payout based on each algo. Not sure which way Jared and team are going yet.
YC
That's right, basically because the "adjusted difficulties" don't even come close to getting the job done, as I see it anyway. Here's that post: https://bitcointalk.org/index.php?topic=408268.msg7954541#msg7954541 (The only thing that wasn't adapted to DGB was the total block reward figures, but the rough percentage breakdowns between algo rewards would basically be the same.) Here's something else - completely unrelated - that's perhaps easier on the eyes, takes much less time to digest, and is probably much more fun . . . as I was having a little fun with it myself. |
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CryptoLTD
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August 03, 2014, 11:56:21 PM |
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I would like to use the recent stability of the price to say its a great feature.. and even pre-digishield, it had a range..but when blocks get stuck, for hours on occasion.. that stability is not really the intended meaning , it's more of a 'situation' Don't get me wrong, im not bashing.. just being realistic. After multi-algo is released, it will be interesting to see how the 1st 3 months play out. I happen to be optimistic, it may be out of my bias, as I have DGB, so I need to take that into account aswell.
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