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Topic: [DGCS] Digital Credits : PoW/PoS/PoB : 4 pools : C-CEX/YoBit/BTCPool - page 6. (Read 11517 times)

full member
Activity: 196
Merit: 100
Digital Credits
The burn is now live, I have updated the second post in this thread with more details: https://bitcointalksearch.org/topic/digital-credits-proof-of-burn-discussion-thread-burns-canceled-do-to-attacks-1254272

You can access the burn page directly here : https://btcpool.exchange/Market?pair=SPACE/DGCS

Please note you have until the 30th to Stake Spacecoin before you burn it if you so choose. There is no cap on how many coins we burn so there is no need to rush! Remember, you can also mine Space for a limited time at a low fee here: http://tekyboy.tk/

Many thanks go out to TEKYBOY as our official burn mining partner and BTCPOOL as our official coin burn partner. Thanks for supporting our burns. And thank you to everyone else who supports Digital Credits. Enjoy and good luck.

There isn't a way to do it trough private message? Is because i don't want to have so many passwords to remember and pin included....

I'm guessing you mean a manual burn like other coins use? No, it was always our plan to use a burn partner. I don't have time to manually check and send out every transaction. If these burns become popular it would require us to hire a staff of people to do all the transactions by hand. It's a waste of money and resources when the automatic method we chose works just fine and prevents any human error. 

I see thanks anyway for answering my question, and about the burn process, how are the coins selected and how you can give some king of warranty that the price will be right?

There is no way to predict what the price will do when each burn starts or ends. We set the price on day one of the burn. DGCS was about 6 times the price of SPACE at the time so we set up a 4 to 1 trade to allow wiggle room in the price. There will be times when DGCS spikes and times when Space will spike, but the exchange rate will stay the same throughout the burn. People just have to decide for themselves if it is worth it or not. Considering that the Spacecoins price spike is due to buy demand from this burn I don't see it holding on to that value after the burn ends, I could be wrong. Investors usually look for coins under active development to invest in. Space was dumped by it's Developer and abandoned. Unless someone comes a long to rescue space it doesn't look very good as a long term investment. We will see what happens after the burn. So to answer that question, there is no price warranty, as in all investing you are taking an educated risk.

As far as selection goes, it's a mix between requests and research. Space started out as a suggestion from one of it's bag holders, after doing research and contacting the old DEV it was determined the coin was abandon and ripe for burning. 
full member
Activity: 182
Merit: 100
★YoBit.Net★ 350+ Coins Exchange & Dice
The burn is now live, I have updated the second post in this thread with more details: https://bitcointalksearch.org/topic/digital-credits-proof-of-burn-discussion-thread-burns-canceled-do-to-attacks-1254272

You can access the burn page directly here : https://btcpool.exchange/Market?pair=SPACE/DGCS

Please note you have until the 30th to Stake Spacecoin before you burn it if you so choose. There is no cap on how many coins we burn so there is no need to rush! Remember, you can also mine Space for a limited time at a low fee here: http://tekyboy.tk/

Many thanks go out to TEKYBOY as our official burn mining partner and BTCPOOL as our official coin burn partner. Thanks for supporting our burns. And thank you to everyone else who supports Digital Credits. Enjoy and good luck.

There isn't a way to do it trough private message? Is because i don't want to have so many passwords to remember and pin included....

I'm guessing you mean a manual burn like other coins use? No, it was always our plan to use a burn partner. I don't have time to manually check and send out every transaction. If these burns become popular it would require us to hire a staff of people to do all the transactions by hand. It's a waste of money and resources when the automatic method we chose works just fine and prevents any human error. 

I see thanks anyway for answering my question, and about the burn process, how are the coins selected and how you can give some king of warranty that the price will be right?
full member
Activity: 196
Merit: 100
Digital Credits
Is it possible to solo mine DGCS, and if so, can someone help me set up?

I have a 500MH/s USB miner that only gets like 1 DGCS every two days or something equally weak...figure I might as well try and get lucky hitting a block...?

Thanks in advance  Wink

If you have a USB miner it would be better to mine space coin on Tekyboy and then convert it for DGCS near the end of the month. Mining DGCS directly really requires specialized mining hardware if you want to make any return.
full member
Activity: 196
Merit: 100
Digital Credits
The burn is now live, I have updated the second post in this thread with more details: https://bitcointalksearch.org/topic/digital-credits-proof-of-burn-discussion-thread-burns-canceled-do-to-attacks-1254272

You can access the burn page directly here : https://btcpool.exchange/Market?pair=SPACE/DGCS

Please note you have until the 30th to Stake Spacecoin before you burn it if you so choose. There is no cap on how many coins we burn so there is no need to rush! Remember, you can also mine Space for a limited time at a low fee here: http://tekyboy.tk/

Many thanks go out to TEKYBOY as our official burn mining partner and BTCPOOL as our official coin burn partner. Thanks for supporting our burns. And thank you to everyone else who supports Digital Credits. Enjoy and good luck.

There isn't a way to do it trough private message? Is because i don't want to have so many passwords to remember and pin included....

I'm guessing you mean a manual burn like other coins use? No, it was always our plan to use a burn partner. I don't have time to manually check and send out every transaction. If these burns become popular it would require us to hire a staff of people to do all the transactions by hand. It's a waste of money and resources when the automatic method we chose works just fine and prevents any human error. 
legendary
Activity: 1162
Merit: 1000
Decentralizing Jesus on the Blockchain
Is it possible to solo mine DGCS, and if so, can someone help me set up?

I have a 500MH/s USB miner that only gets like 1 DGCS every two days or something equally weak...figure I might as well try and get lucky hitting a block...?

Thanks in advance  Wink

i have seen low difficulty ports on tekyboy pool did you try them ? mght you would get lucky enough to hit something or maybe wall Wink
hero member
Activity: 532
Merit: 500
Offer escrow, receive negative trust
Is it possible to solo mine DGCS, and if so, can someone help me set up?

I have a 500MH/s USB miner that only gets like 1 DGCS every two days or something equally weak...figure I might as well try and get lucky hitting a block...?

Thanks in advance  Wink
full member
Activity: 182
Merit: 100
★YoBit.Net★ 350+ Coins Exchange & Dice
The burn is now live, I have updated the second post in this thread with more details: https://bitcointalksearch.org/topic/digital-credits-proof-of-burn-discussion-thread-burns-canceled-do-to-attacks-1254272

You can access the burn page directly here : https://btcpool.exchange/Market?pair=SPACE/DGCS

Please note you have until the 30th to Stake Spacecoin before you burn it if you so choose. There is no cap on how many coins we burn so there is no need to rush! Remember, you can also mine Space for a limited time at a low fee here: http://tekyboy.tk/

Many thanks go out to TEKYBOY as our official burn mining partner and BTCPOOL as our official coin burn partner. Thanks for supporting our burns. And thank you to everyone else who supports Digital Credits. Enjoy and good luck.

There isn't a way to do it trough private message? Is because i don't want to have so many passwords to remember and pin included....
full member
Activity: 196
Merit: 100
Digital Credits
The burn is now live, I have updated the second post in this thread with more details: https://bitcointalksearch.org/topic/digital-credits-proof-of-burn-discussion-thread-burns-canceled-do-to-attacks-1254272

You can access the burn page directly here : https://btcpool.exchange/Market?pair=SPACE/DGCS

Please note you have until the 30th to Stake Spacecoin before you burn it if you so choose. There is no cap on how many coins we burn so there is no need to rush! Remember, you can also mine Space for a limited time at a low fee here: http://tekyboy.tk/

Many thanks go out to TEKYBOY as our official burn mining partner and BTCPOOL as our official coin burn partner. Thanks for supporting our burns. And thank you to everyone else who supports Digital Credits. Enjoy and good luck.
hero member
Activity: 532
Merit: 500
Offer escrow, receive negative trust
Do I need a .conf file for my wallet to stake properly?

If so, could you give me the info?

I'm still a noob, not totally sure what those files help with if the wallet stakes on its own anyway...

thanks Smiley

The wallet will not stake until after block 60k when PoS is turned on. This will happen mid December. We are currently around about block 34.5k

Why are all the prices dropping  Huh  Regardless, gonna keep mining and staking DGCS cuz I trust your messages seen last night dev...

The prices have taken a dump, this is normal of ALTcoins when BTC is climbing. They will go up again, I'm still holding all my coins as you can see on the richlist of the blockexplorer.

I'm still holding as well, won't give up on the dev that easily Smiley

You can see I'm holding....on the.... Poorlist of the blockexplorer Sad
full member
Activity: 196
Merit: 100
Digital Credits
Do I need a .conf file for my wallet to stake properly?

If so, could you give me the info?

I'm still a noob, not totally sure what those files help with if the wallet stakes on its own anyway...

thanks Smiley

The wallet will not stake until after block 60k when PoS is turned on. This will happen mid December. We are currently around about block 34.5k

Why are all the prices dropping  Huh  Regardless, gonna keep mining and staking DGCS cuz I trust your messages seen last night dev...

The prices have taken a dump, this is normal of ALTcoins when BTC is climbing. They will go up again, I'm still holding all my coins as you can see on the richlist of the blockexplorer.
hero member
Activity: 532
Merit: 500
Offer escrow, receive negative trust
Why are all the prices dropping  Huh  Regardless, gonna keep mining and staking DGCS cuz I trust your messages seen last night dev...
hero member
Activity: 508
Merit: 500
TekyBoy Crypto Services
full member
Activity: 196
Merit: 100
Digital Credits
staking starts at block 60k in about two weeks.
hero member
Activity: 532
Merit: 500
Offer escrow, receive negative trust
Do I need a .conf file for my wallet to stake properly?

If so, could you give me the info?

I'm still a noob, not totally sure what those files help with if the wallet stakes on its own anyway...

thanks Smiley
full member
Activity: 196
Merit: 100
Digital Credits
Due to block chain syncing problems with one of the coins we planned to target for our first burn we will only be burning 2 coins this coming month. There simply isn't enough time to select a new candidate with all the back-end work that needs to be done to support the burns. We may burn it in the future however. Block Explorers, and multiple nodes have been set up to ensure there are no issues during the burn process. We will also be hosting windows wallet downloads for both burn targets. Check back this post: https://bitcointalksearch.org/topic/digital-credits-proof-of-burn-discussion-thread-burns-canceled-do-to-attacks-1254272 on Monday for complete details on our two remaining burn targets.
full member
Activity: 196
Merit: 100
Digital Credits
We have added a countdown to the bottom of the first post! See you all soon.

Countdown to first burn! Refreshes with pageload!
full member
Activity: 196
Merit: 100
Digital Credits
We are in the mid-200's now and still climbing.  Grin It's been two steps forward and one stop back. I can't wait till the burn, it should push us way up the list. But I'm happy with our current position. But still much work to do. Do forget guys that you can get free coins on Yobit for a limited time. Get them here: https://yobit.net/en/freecoins/

full member
Activity: 196
Merit: 100
Digital Credits
Trade volume is really picking up on Yobit now, Looks like the Fountain we set up there is working as intended.  Grin

Yes looking good i have been trading on yobit with good results.. I am also mining on http://tekyboy.tk/ Thanks a lot guys hope this coin all the best  Smiley

Thanks Micky, I'm glad your seeing good results. I've been buying credits myself since they are so cheap right now. Grin Be sure to keep your eyes out for our first burn, just another way to earn Digital Credits. You can stay up to date on the details by bookmarking this thread: https://bitcointalksearch.org/topic/digital-credits-proof-of-burn-discussion-thread-burns-canceled-do-to-attacks-1254272
full member
Activity: 252
Merit: 100
Trade volume is really picking up on Yobit now, Looks like the Fountain we set up there is working as intended.  Grin

Yes looking good i have been trading on yobit with good results.. I am also mining on http://tekyboy.tk/ Thanks a lot guys hope this coin all the best  Smiley
full member
Activity: 196
Merit: 100
Digital Credits
Trade volume is really picking up on Yobit now, Looks like the Fountain we set up there is working as intended.  Grin
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