ycagel
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November 10, 2014, 12:06:23 PM |
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HR, Glad you are willing to admit any errors and keep moving forward. This is how we can band together and make sure we are in sync with DGB as a whole and provide the best product / value to the rest of the world. You provide transparency, which is I have stated from the beginning is one of the biggest advantages of DGB (good, bad, etc). Thanks again! Keep it going! YC I wasn't trying to be rude to HR, just curious on the analysis. Glad we are strong as a community! YC No prob YC. Please don't let the hypersensitive world we live in – where simply confirming figures might be viewed as offensive – keep you from asking tough questions. I made an honest mistake, and if it weren't for your question, not only I, but everyone else reading along, would have continued our merry way ignorant of our error. We need tough questions, and honest answers as well, of course – something that's very painfully absent in, not only the crypto world, but also modern society in general and as a whole . . . so much so that we even confuse rudeness with simply wanting to get things right. Honesty and forthrightness are ultimately highly rewarded in money matters (maybe the last bastion of interpersonal interaction where people still aren't walking on eggshells with their dealings with each other?), and it's people like you that do the most to help move DGB from the realm of “funny money” to real money. Keep up the good work, and thanks!
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Every time a block is mined, a certain amount of BTC (called the
subsidy) is created out of thin air and given to the miner. The
subsidy halves every four years and will reach 0 in about 130 years.
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ReSl
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November 10, 2014, 06:26:59 PM |
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Nonces are not running out rare. It happend all the time. What linearIntensity are you using? The web interface crashes in general. I start the miner and after that i enable the webinterface. If i copy the url (because in IE dont work) and paste it into FF miner immediately after getting response from webinterface miner crashes. That's indeed very interesting. I've had this problem very sporadically but I never managed to reproduce. I suspected this happened because of my AV but so far I never managed to get a grasp on this problem it is just too rare on my system. IE will not be supported. FF is the only browser committing to be a serious application platform with Mozilla doing an almost awesome job at documentation. It is the only browser I will officially support. Some concessions are made to desktop Webkit. Thx for info. So i will use FF thats no prob ............... "linearIntensity": 4092 GPU Card: Maybe you can advice how to get groestl-myr to work? Got 4x7950 to test Running now stable 24/7. Maybe your miner is a bit faster.
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Moxymore
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November 10, 2014, 06:38:02 PM |
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Nonces are not running out rare. It happend all the time. What linearIntensity are you using? The web interface crashes in general. I start the miner and after that i enable the webinterface. If i copy the url (because in IE dont work) and paste it into FF miner immediately after getting response from webinterface miner crashes. That's indeed very interesting. I've had this problem very sporadically but I never managed to reproduce. I suspected this happened because of my AV but so far I never managed to get a grasp on this problem it is just too rare on my system. IE will not be supported. FF is the only browser committing to be a serious application platform with Mozilla doing an almost awesome job at documentation. It is the only browser I will officially support. Some concessions are made to desktop Webkit. Thx for info. So i will use FF thats no prob ............... "linearIntensity": 4092 GPU Card: Maybe you can advice how to get groestl-myr to work? Got 4x7950 to test Running now stable 24/7. Maybe your miner is a bit faster. ReSL, I have sent you a private message. Please take a look. Thank you.
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♥ Digibyte ♥ "THE" Digital currency of the future ♥
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halinyo
Legendary
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Activity: 1106
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The future is bright with DigiByte.
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November 10, 2014, 07:20:44 PM |
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....
For you it is over, for me just started warming up
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HR
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Transparency & Integrity
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November 10, 2014, 10:16:42 PM |
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Weekly, closing basis, technical analysis: We've broken below the rising trend channel on the daily charts meaning that we're currently in a short term pullback. It's time now to see how well price holds up and if volume dries up. Pullbacks are healthy if those two conditions are met. Let's see what happens. Remember, 19 is the lower end of the key over/under, bullish/bearish price zone from 19 to 22. It's also a 50% Fibonacci retracement of the bullish move off of the lows. (BTW, did we really get down to 12? Sometimes I wonder about the reliability of Cryptsy's data. I don't recall 12 ever trading. Did we really get down to 12?)
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djnocide
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Einsteinium Foundation Board Member and Treasurer
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November 10, 2014, 10:49:04 PM |
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Weekly, closing basis, technical analysis: We've broken below the rising trend channel on the daily charts meaning that we're currently in a short term pullback. It's time now to see how well price holds up and if volume dries up. Pullbacks are healthy if those two conditions are met. Let's see what happens. Remember, 19 is the lower end of the key over/under, bullish/bearish price zone from 19 to 22. It's also a 50% Fibonacci retracement of the bullish move off of the lows. (BTW, did we really get down to 12? Sometimes I wonder about the reliability of Cryptsy's data. I don't recall 12 ever trading. Did we really get down to 12?) Could someone selling at 12 sats be the reason why it shows 12sats? (Even if it doesn't drop to 12 sats, selling at 12 sats might shows on the chart). I remember seeing those kind of behavior on cryptsy charts for other coins.
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ycagel
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November 10, 2014, 10:57:26 PM |
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We did in fact hit 12 on Cryptsy. It was probably an auto sell. Not anything significant based on what I saw. With that being said, BTC is rising in price a bit, so that's a good sign. We will see what happens with DGB. I expect that if an announcement comes out which really shows the further movement in the roadmap of DGB, could see more folks get into the currency. YC Weekly, closing basis, technical analysis: We've broken below the rising trend channel on the daily charts meaning that we're currently in a short term pullback. It's time now to see how well price holds up and if volume dries up. Pullbacks are healthy if those two conditions are met. Let's see what happens. Remember, 19 is the lower end of the key over/under, bullish/bearish price zone from 19 to 22. It's also a 50% Fibonacci retracement of the bullish move off of the lows. (BTW, did we really get down to 12? Sometimes I wonder about the reliability of Cryptsy's data. I don't recall 12 ever trading. Did we really get down to 12?)
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halinyo
Legendary
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Activity: 1106
Merit: 1000
The future is bright with DigiByte.
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November 10, 2014, 11:03:40 PM |
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....
Your game is over, insert DGB to continue...
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Kayahoga
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November 11, 2014, 02:45:44 AM |
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Yes, we did hit 12 but there were only a few auto sell orders that hit it. I was fortunate enough to get some of the last 13 sat orders on Cryptsy so I was able to see a few 12s executed right after my orders.
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ycagel
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November 11, 2014, 04:09:23 AM |
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Part of the process. Good for you to be able to execute an order there. Still lots of potential with DGB! YC Yes, we did hit 12 but there were only a few auto sell orders that hit it. I was fortunate enough to get some of the last 13 sat orders on Cryptsy so I was able to see a few 12s executed right after my orders.
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Gunther
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November 11, 2014, 11:44:00 AM |
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Is it friday already? why friday? Waiting for the announcement. We possibly may have to make another delay on this. Still outside of our control Please announce up front. (We are going to announce tomorrow at 12PM - for example). I know this isn't a P&D coin, but that's what gives the coin momentum and attention.
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ycagel
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November 11, 2014, 01:04:22 PM |
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Let's keep focused on thinking about what we can do as a community to move forward. I respect everyone's decision to not be satisfied where things may be, but the risk is something we voluntarily accept to do. If you do not like, sell your position and move to the next investment that makes sense. YC
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ycagel
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November 11, 2014, 01:30:48 PM |
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Interesting article. How can we take the major points and apply it to DGB? How Can We Make Bitcoin Mainstream?
Danny Bradbury (@dannybradbury) | Published on November 9, 2014 at 15:00 GMT
All of the writing seems to be on the wall.
Bitcoin now has PayPal integration and dedicated global banking to go along with its natty logo. Regulators are taking notice of it, and noted retailers are accepting it.
If you think bitcoin is mainstream, though, think again. According to an analysis earlier this year, there were only 1.2 million bitcoin addresses holding anything other than dust as of February.
Even its advocates admit that it has a long way to go. Curtis Fenimore's attempt to promote bitcoin to the masses has stalled. Bitcoin Bigfoot, his grassroots effort to get posters and other materials promoting bitcoin out into the community, "hasn't been all that active or relevant lately," he admitted.
Fenimore raised all of the bitcoins for his public awareness effort when the price was over $700. Then, he spent the funds on Bitcoin Bigfoot after the price fell under $700. It was just the luck of the draw.
In the meantime, many people are still blissfully unaware of bitcoin. "We still have a very long way to go in absolute terms," he suggested.
The perception problem may have more to do with depth than breadth. Bitcoin entrepreneur Erik Voorhees argued that around half the people he spoke to are aware of bitcoin, but only a small fraction understand it.
This is normal and expected, said Voorhees:
"Both the Internet and Paypal had a long period where people heard of it and sort of knew what it was, before they really tried it out."
Conquering the learning curve
How will the understanding of bitcoin grow among the masses that have heard of it, but know little about it? We're still in the speculation phase, where people hope to make a fast buck. This early, immature phase could work to the cryptocurrency's advantage, said Voorhees.
Successive price bubbles create an effect called the 'tide theory'. When prices spike, people wake up, smelling a potential money-making opportunity, and flock to bitcoin hoping for profit. That may be a short-term reaction, but it sparks a new wave of user adoption.
When the price slumps again, many of the people who arrived in that wave will slide away, but some will stay. Those remaining will have gained a deep understanding of bitcoin and its technology. With each successive bubble, the pool of adopters that continue to use the payment network increases. Where's the motivation?
What about those people who aren't investors? Like, say, the significant proportion of Americans living paycheck to paycheck? The bitcoin community faces multiple challenges getting these people interested.
Disregarding those political and ideological arguments that are difficult to communicate to exhausted parents working three jobs, one challenge is the 'why should I use it' problem. Many people are still wedded to credit and debit cards, or simple cash, and don't yet see the benefits of an alternative.
"There are lots of use cases for bitcoin, but nothing yet that has captured the imagination of the general public, there hasn't really been the 'killer app,'" admitted Voorhees.
Newly-appointed Bitcoin Foundation executive director Patrick Murck says that those applications are appearing.
Murck said:
"Blockchain-based products are starting to emerge that solve real problems for people, that will drive adoption and grow the pie for the whole bitcoin community."
All of this assumes that the average Joe or Jane understands what the blockchain is, or how to use a wallet. That's a work in progress, according to 'bitcoin Jesus' Roger Ver.
"Bitcoin wallets are tolerable for techies to use today, but easier and safer designs are needed to help drive mass adoption," he said. "Companies like Blockchain, Mycelium, and Bread Wallet are hard at work on this." Bad press
Bitcoin's road to mainstream adoption may also be hindered by some of the bad press it has received. Lots of people are still convinced that bitcoin went bankrupt back in February, mused Voorhees, arguing that the Mt Gox debacle was "a huge net negative" for bitcoin. The biggest problem was the reputational damage that it caused in the media, he said.
"Because of poor reporting by the media, many people conflate Mt Gox with bitcoin itself," added Ver. "This is a huge problem that needs to be corrected." Headlines like "Bitcoin goes bust" and "The end of bitcoin" are good examples of misguided and reputation-damaging press for the digital currency.
Others will focus on the scandal surrounding Silk Road, rather than on bitcoin's benefits.
Silk Road may in the long run be good for bitcoin adoption, say commentators. Voorhees argued that it helped to bootstrap the bitcoin network's commercial use in the early days. Fenimore is convinced that Ulbricht's drug trafficking site helped to demonstrate bitcoin's capabilities as a value transfer system – and that its subsequent takedown confirmed bitcoin's legitimacy for many.
Public misconceptions of bitcoin won't disappear overnight, even if mainstream media outlets correct them. Instead, Fenimore consigns the uninformed to the 'late adopter' category which will be led to bitcoin gradually, as the opportunities emerge. This group of people won't adopt until they can be shown that doing so is significantly cheaper than being a non-adopter. Promoting a decentralised concept
One of bitcoin's biggest strengths is its grassroots support. This is also one of its weaknesses, though, because it lacks a coherent narrative, which makes it difficult to present a single, strong message in the same way that, say, PayPal's founders did.
Voorhees concluded:
"Ultimately we just have to accept that bitcoin won't get popular on the back of a slick corporate media campaign over five years. It will get popular person by person, in a messy, organic process."
That doesn't mean that the community can't organise to help it on the way. What is the single, biggest thing that the bitcoin community can do to make the cryptocurrency mainstream? CoinDesk's interviewees all had different ideas.
Murck argued that funding core development was crucial. Voorhees wanted more remittance providers with larger marketing budgets. Ver suggested integrating bitcoin more closely with the financial markets, while Fenimore said that "the biggest thing is the aggregate of all the small things".
Is there one thing that you think will spur bitcoin to mainstream adoption? Let us know in the comments below. Source: http://www.coindesk.com/can-make-bitcoin-mainstream/
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CryptoLTD
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November 11, 2014, 03:56:09 PM |
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Let's keep focused on thinking about what we can do as a community to move forward. I respect everyone's decision to not be satisfied where things may be, but the risk is something we voluntarily accept to do. If you do not like, sell your position and move to the next investment that makes sense. YC Not fud @ all, price has dropped , interest is down, vol is down giant buys really low 2-3 weeks prior, waiting to sell @ profit. Keep up the good work! :-D
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tyson187
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November 11, 2014, 05:08:21 PM |
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does anyone know where I can download the latest miner for the groestl algo ,
I only get 15MH with my 280x , but other people claim that they get above 20MH
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ycagel
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November 11, 2014, 05:57:23 PM |
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Crypto, Since you have been quite vocal about your feelings, what specific items would you like to see that would engage your interest in a more positive light? If DGB was so bad, you would have left by now, so trying to understand your position. Price movement? Communication process? Infrastructure? Marketing? YC Let's keep focused on thinking about what we can do as a community to move forward. I respect everyone's decision to not be satisfied where things may be, but the risk is something we voluntarily accept to do. If you do not like, sell your position and move to the next investment that makes sense. YC Not fud @ all, price has dropped , interest is down, vol is down giant buys really low 2-3 weeks prior, waiting to sell @ profit. Keep up the good work! :-D
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