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

[24hralttrade]

This scrxxx what a F*cked up person.

https://bitcointalk.org/index.php?topic=770959.msg8750296#msg8750296

[newuser01]

This scrxxx what a F*cked up person.

https://bitcointalk.org/index.php?topic=770959.msg8750296#msg8750296

does anyone have a copy of his miner? github has been taken down

https://github.com/srcxxx/grs-sgminer

[tdcooper99]

Exciting times...  Paypal to accept Bitcoin...

http://www.cryptocoinsnews.com/paypal-steals-apples-thunder-can-spend-bitcoin-tap/

[24hralttrade]

Finally! 

https://bitcointalk.org/index.php?topic=770959.msg8757570#msg8757570

[bogglor]

What's the update about Scrypt?
Has it been determined that difficulty is the problem - Is the current reported difficulty of 87.16752915 incorrect?
Does hash need to be pointed at Scrypt to find some blocks?

[ycagel]

Nice to see the volume at Mintpal is around 2BTC. I suspect over the next few days we are going to see larger volume traded. With all the mining and consolidation in the industry, nice to still DGB holding at 19-20 satoshi. Get in while you can!

YC

[24hralttrade]

Nice to see the volume at Mintpal is around 2BTC. I suspect over the next few days we are going to see larger volume traded. With all the mining and consolidation in the industry, nice to still DGB holding at 19-20 satoshi. Get in while you can!

YC

whoaa 22 sat!

Touched 26 

[ycagel]

Never saw it hit 22 or 26, but hey if it did, awesome! I think the mining is the mining (will take its natural path). In the meantime, I am excited to see what announcements Jared has.

YC

Nice to see the volume at Mintpal is around 2BTC. I suspect over the next few days we are going to see larger volume traded. With all the mining and consolidation in the industry, nice to still DGB holding at 19-20 satoshi. Get in while you can!

YC

whoaa 22 sat!

Touched 26 

[24hralttrade]

Never saw it hit 22 or 26, but hey if it did, awesome! I think the mining is the mining (will take its natural path). In the meantime, I am excited to see what announcements Jared has.

YC

Nice to see the volume at Mintpal is around 2BTC. I suspect over the next few days we are going to see larger volume traded. With all the mining and consolidation in the industry, nice to still DGB holding at 19-20 satoshi. Get in while you can!

YC

whoaa 22 sat!

Touched 26 

@ cryptsy about 2 hours ago.

[lucazane]

IMO this is still cheap

[ycagel]

Just hit 24 at Mintpal and the volume is moving up! As I said, good to see some stability.

YC

IMO this is still cheap

[wegsturm]

How can you be happy with the current price? We were at ~40Sat for the last couple of months. As long as we are under 100 I consider it as steal! Personaly I try to get some BTC off of other coins to buy more DGB.

[ycagel]

Several reasons:

1.I am in it for the long term.

2.The average costing helps if you still believe in the coin.

3.Clearly we are at these levels because of the increased mining, consolidation, production. At least I know why the price is going down versus some random pump and dump or shady act on behalf of the dev team.

4.This is all done without any major upcoming news!

Feels AWESOME!

YC

How can you be happy with the current price? We were at ~40Sat for the last couple of months. As long as we are under 100 I consider it as steal! Personaly I try to get some BTC off of other coins to buy more DGB.

[ycagel]

How did you determine the 3 BTC amount? What's the calculation?

YC

I read this forum every day since the creation of digibyte, mined every day since the creation of digibyte, bought some digibyte. But most of all i believe in digibyte to be the nr. 1 altcoin.

I never respond on this forum, but I really think digibyte need to take some action. Every day so mutch coin's are generated that it has to much effect on the market right now, can you do something about this? A limit or something?

Everyone keeps mentioning the number of coins being mined. The number of coins isn't the problem. Look at DOGE...they have 65 times the number of coins and they have a higher per-coin value.

Here's the problem as I see it: Sorry, this may sound a little blunt - Digibyte can't be used for anything except a few fringe merchant websites that nobody needs or has ever heard of. There needs to be some sort of reason for people to accept/use Digibyte.  Until that happens, the coin value will stay at these levels (or lower).

I've only been mining for about 10 months (DGB for about 5 months). It's a very interesting, annoying, exciting, (insert adjective here), and frustrating hobby.

I can just repeat myself: it's all about the trading volume. As long as it stays under the daily coin production equivalent the price (around 3BTC) will fall.

[lucazane]

How did you determine the 3 BTC amount? What's the calculation?

YC

http://coinmarketcap.com/currencies/digibyte/#BTC

it's 11 BTC volume now

[wegsturm]

How did you determine the 3 BTC amount? What's the calculation?

YC

I read this forum every day since the creation of digibyte, mined every day since the creation of digibyte, bought some digibyte. But most of all i believe in digibyte to be the nr. 1 altcoin.

I never respond on this forum, but I really think digibyte need to take some action. Every day so mutch coin's are generated that it has to much effect on the market right now, can you do something about this? A limit or something?

Everyone keeps mentioning the number of coins being mined. The number of coins isn't the problem. Look at DOGE...they have 65 times the number of coins and they have a higher per-coin value.

Here's the problem as I see it: Sorry, this may sound a little blunt - Digibyte can't be used for anything except a few fringe merchant websites that nobody needs or has ever heard of. There needs to be some sort of reason for people to accept/use Digibyte.  Until that happens, the coin value will stay at these levels (or lower).

I've only been mining for about 10 months (DGB for about 5 months). It's a very interesting, annoying, exciting, (insert adjective here), and frustrating hobby.

I can just repeat myself: it's all about the trading volume. As long as it stays under the daily coin production equivalent the price (around 3BTC) will fall.

120 Blocks/hr
2880 Blocks/day with each 7608 reward = 21.91mio DGB/day
Multiplied with a price of 15 to 20 Sat = 3.28 BTC to 4.38 BTC per day

I originaly calculated with 19.2m coins per day as mentioned by some other user (which might be more accurate as the above calculation is based on coin specs and not on average blocktime).

[ycagel]

Yeah, I was just talking about Mintpal, so that's even better. This just shows we can continue to move onward and upwards!

YC

How did you determine the 3 BTC amount? What's the calculation?

YC

http://coinmarketcap.com/currencies/digibyte/#BTC

it's 11 BTC volume now

[ycagel]

Thank you! So if the volume exceeds 4.5 BTC on a daily basis, the purchasing and selling offsets the production, which creates stability. Is that correct?

YC

How did you determine the 3 BTC amount? What's the calculation?

YC

I read this forum every day since the creation of digibyte, mined every day since the creation of digibyte, bought some digibyte. But most of all i believe in digibyte to be the nr. 1 altcoin.

I never respond on this forum, but I really think digibyte need to take some action. Every day so mutch coin's are generated that it has to much effect on the market right now, can you do something about this? A limit or something?

Everyone keeps mentioning the number of coins being mined. The number of coins isn't the problem. Look at DOGE...they have 65 times the number of coins and they have a higher per-coin value.

Here's the problem as I see it: Sorry, this may sound a little blunt - Digibyte can't be used for anything except a few fringe merchant websites that nobody needs or has ever heard of. There needs to be some sort of reason for people to accept/use Digibyte.  Until that happens, the coin value will stay at these levels (or lower).

I've only been mining for about 10 months (DGB for about 5 months). It's a very interesting, annoying, exciting, (insert adjective here), and frustrating hobby.

I can just repeat myself: it's all about the trading volume. As long as it stays under the daily coin production equivalent the price (around 3BTC) will fall.

120 Blocks/hr
2880 Blocks/day with each 7608 reward = 21.91mio DGB/day
Multiplied with a price of 15 to 20 Sat = 3.28 BTC to 4.38 BTC per day

I originaly calculated with 19.2m coins per day as mentioned by some other user (which might be more accurate as the above calculation is based on coin specs and not on average blocktime).

[HR]

This scrxxx what a F*cked up person.

https://bitcointalk.org/index.php?topic=770959.msg8750296#msg8750296

He's everything anyone ever wanted to call somebody, running the gambit from scammer, to loser, to buffoon.

In his original reply to my revealing his 20% skimming off the top of his DGB mining pool, he said:

"But since you are so eager to figure this mystery out, I'll give you a hint: perhaps this account belongs to some exchange, like Cryptsy? And perhaps, it's just how the exchange's software logic stores the money?"

As we all know all too well by now, that was an outright lie. He lied. (If he's done it once . . .)

So, we can also call him a liar.
https://bitcointalk.org/index.php?topic=408268.msg8676317#msg8676317

Now he's openly admitting to being a price manipulator.

Now I have means to hold the price. And I am going to move it to 500 or even to 700-1000.

Wanna get some profit? Buy GRS now and sell in 1 month or 2 weeks.
The price has already risen from 105 to 180.

PS: Not sure if you know, but I am also paying out 10% of grs fee to support Groestlcoin.

Truth is I don't think there's one word that accurately describes the guy, other than possibly 'moron', because that's what it takes to be so openly fraudulent.

Fraud would be another great one.

Do you think BitCoinTalk admin needs to be alerted to this?

And don't we have a way to block his IP?

[wegsturm]

Thank you! So if the volume exceeds 4.5 BTC on a daily basis, the purchasing and selling offsets the production, which creates stability. Is that correct?

YC

How did you determine the 3 BTC amount? What's the calculation?

YC

I read this forum every day since the creation of digibyte, mined every day since the creation of digibyte, bought some digibyte. But most of all i believe in digibyte to be the nr. 1 altcoin.

I never respond on this forum, but I really think digibyte need to take some action. Every day so mutch coin's are generated that it has to much effect on the market right now, can you do something about this? A limit or something?

Everyone keeps mentioning the number of coins being mined. The number of coins isn't the problem. Look at DOGE...they have 65 times the number of coins and they have a higher per-coin value.

Here's the problem as I see it: Sorry, this may sound a little blunt - Digibyte can't be used for anything except a few fringe merchant websites that nobody needs or has ever heard of. There needs to be some sort of reason for people to accept/use Digibyte.  Until that happens, the coin value will stay at these levels (or lower).

I've only been mining for about 10 months (DGB for about 5 months). It's a very interesting, annoying, exciting, (insert adjective here), and frustrating hobby.

I can just repeat myself: it's all about the trading volume. As long as it stays under the daily coin production equivalent the price (around 3BTC) will fall.

120 Blocks/hr
2880 Blocks/day with each 7608 reward = 21.91mio DGB/day
Multiplied with a price of 15 to 20 Sat = 3.28 BTC to 4.38 BTC per day

I originaly calculated with 19.2m coins per day as mentioned by some other user (which might be more accurate as the above calculation is based on coin specs and not on average blocktime).

Exactly! The more trading volume the less weight the daily mining rewards have. That's why the price fell the last days, because the trading volume was significantly lower.