Pages:
Author

Topic: [DIG] DIGIT [X13] |Available For Takeover! | - page 21. (Read 78113 times)

hero member
Activity: 546
Merit: 500
OK, i see no further point explaining my view to sad little trolls. If you dont get it, then you dont get it.
hero member
Activity: 527
Merit: 500
One personal messages received

Hi , you saved my money as I was about to invest in Digit coin. Thank you. You indeed killed the coin with repeated posting about their instamine statistics. Cheesy
hero member
Activity: 527
Merit: 500
maybe I'm not understanding this coin but if the staking reward is so high to give investors value, then why on earth would you have a mining period of one year? you're not incentivising anyone to hold or market your currency, just dump it at low prices at the first opportunity. you've relaunched a flawed coin with...another flawed coin?

just curious, am happy if someone can explain it as it makes no sense to me.

Well, if you would read the OP and their webpage, you would understand better. You have completely misunderstood the concept behind it.

The whole point of this coin is to have longer mining period than simple  pumpanddump coins.
This coin is meant to go with a flow - if you understand what i mean.
Because of its diff dependent block value it should find the place somewhere in the middle of the cryptocurrency economy.

Current price is low because lots of scrypt Digit supporters are selling. Price is likely going to stay low at least for a month or maybe even longer.
Assuming that dev continues to support this coin, price will probably start rising after those early supporters have taken out their profit and sold majority of their coins.
Current diff is rather low. This means that block reward will be low after 7500 blocks have been mined.
If diff stays as low as it is now - around 40. Then block reward aftet 7500 will be only about 130 coins. This will cut coin production by about 7 times and probably price will start slowly rising because of that.
Patience is the key here. This coin is nothing like 99% of the coins on the market and i think thats the good thing.
 Smiley
Based on your logic, every PoS coin out there should be flying since no new coins are being created. Unfortunately it doesn't work like that.

I fear nick777 is unfortunately right on this one. This coin is a nice scam.

[/quote]
hero member
Activity: 1274
Merit: 556
You said it yourself.
"Other than short term hype, there is nothing in any new altcoin to create a value."

So you took a worthless coin, created short-term hype by calling a "relaunch" and created artificial value so you could get out.

Done. Next?
hero member
Activity: 546
Merit: 500
maybe I'm not understanding this coin but if the staking reward is so high to give investors value, then why on earth would you have a mining period of one year? you're not incentivising anyone to hold or market your currency, just dump it at low prices at the first opportunity. you've relaunched a flawed coin with...another flawed coin?

just curious, am happy if someone can explain it as it makes no sense to me.

Well, if you would read the OP and their webpage, you would understand better. You have completely misunderstood the concept behind it.

The whole point of this coin is to have longer mining period than simple  pumpanddump coins.
This coin is meant to go with a flow - if you understand what i mean.
Because of its diff dependent block value it should find the place somewhere in the middle of the cryptocurrency economy.

Current price is low because lots of scrypt Digit supporters are selling. Price is likely going to stay low at least for a month or maybe even longer.
Assuming that dev continues to support this coin, price will probably start rising after those early supporters have taken out their profit and sold majority of their coins.
Current diff is rather low. This means that block reward will be low after 7500 blocks have been mined.
If diff stays as low as it is now - around 40. Then block reward aftet 7500 will be only about 130 coins. This will cut coin production by about 7 times and probably price will start slowly rising because of that.
Patience is the key here. This coin is nothing like 99% of the coins on the market and i think thats the good thing.
 Smiley
Based on your logic, every PoS coin out there should be flying since no new coins are being created. Unfortunately it doesn't work like that.

I fear nick777 is unfortunately right on this one. This coin is a nice scam.

If you had any idea of how cryptomarkets work, you would know that all coins are driven by bitcoin. Other than short term hype, there is nothing in any new altcoin to create a value.
So how exactly is this coin a scam? Please do explain.
hero member
Activity: 1274
Merit: 556
maybe I'm not understanding this coin but if the staking reward is so high to give investors value, then why on earth would you have a mining period of one year? you're not incentivising anyone to hold or market your currency, just dump it at low prices at the first opportunity. you've relaunched a flawed coin with...another flawed coin?

just curious, am happy if someone can explain it as it makes no sense to me.

Well, if you would read the OP and their webpage, you would understand better. You have completely misunderstood the concept behind it.

The whole point of this coin is to have longer mining period than simple  pumpanddump coins.
This coin is meant to go with a flow - if you understand what i mean.
Because of its diff dependent block value it should find the place somewhere in the middle of the cryptocurrency economy.

Current price is low because lots of scrypt Digit supporters are selling. Price is likely going to stay low at least for a month or maybe even longer.
Assuming that dev continues to support this coin, price will probably start rising after those early supporters have taken out their profit and sold majority of their coins.
Current diff is rather low. This means that block reward will be low after 7500 blocks have been mined.
If diff stays as low as it is now - around 40. Then block reward aftet 7500 will be only about 130 coins. This will cut coin production by about 7 times and probably price will start slowly rising because of that.
Patience is the key here. This coin is nothing like 99% of the coins on the market and i think thats the good thing.
 Smiley
Based on your logic, every PoS coin out there should be flying since no new coins are being created. Unfortunately it doesn't work like that.

I fear nick777 is unfortunately right on this one. This coin is a nice scam.
sr. member
Activity: 476
Merit: 250
Well I guess that thoroughly answered my question this sounds like a disaster
full member
Activity: 182
Merit: 100
On another note, I can confirm that POS is working well.. getting regular payouts in my wallet. Good work Smiley
hero member
Activity: 527
Merit: 500
sr. member
Activity: 411
Merit: 252
Please disregard. Wrong topic.
sr. member
Activity: 406
Merit: 250
FUCK Digit. I mined all 3 days of launch only to find out you've stealth killed and "relaunched" the currency and all my digit is fucking worthless now. I call bullshit on the DEV giving us hard working and extremely busy crypto miners and traders a damned surprise announcement 7 day window to trade in our mined digit in exchange for an equivalent amount of digit coming out of the new premine of the new , slightly tweaked x13 version of digit which SHOULD have been accomplished by simply forking and updating the wallet if the DEV gave 2 shits about the miners or traders. Or , they could have easily just made the new premine exactly equivalent to the previous total # of digit mined , so everyone who had mined digit would be able to be compensated in new digit. Instead , they killed the thing , announcing you had to email them and such and such to have your digit be premined and given back to you from the new version , screwing over everyone who mined digit from the start and didn't happen to be fanatically checking every single thread for every single currency they've mined. Damn it I've got 100+ some odd crypto currencys. And a job. And there's 1000s of threads with 1000s of posts and 100s of new coins constantly being released. Does anyone honestly believe the DEV actually thought this wouldn't fuck over people ? Let me guess.... only a handful of miners , yourself included , much fewer than actually mined the currency in the first days , were compensated in new coin ? And for bonus points I'd bet the initial premine from the 1st version of digit was somehow credited and exchanged for the new now functional version. So when anyone tells you digit is a good coin and updated and whatever , what they're really saying is , I'm the DEV of digit , who has fucked over and shut out many of the other miners of this coin , so that my premine could be even more effectively dumped on you poor fucks since only I have a big stake in it. Well fuck you pal. I'm staying far far away from digit and so should anyone who reads this.
hero member
Activity: 546
Merit: 500
maybe I'm not understanding this coin but if the staking reward is so high to give investors value, then why on earth would you have a mining period of one year? you're not incentivising anyone to hold or market your currency, just dump it at low prices at the first opportunity. you've relaunched a flawed coin with...another flawed coin?

just curious, am happy if someone can explain it as it makes no sense to me.

Well, if you would read the OP and their webpage, you would understand better. You have completely misunderstood the concept behind it.

The whole point of this coin is to have longer mining period than simple  pumpanddump coins.
This coin is meant to go with a flow - if you understand what i mean.
Because of its diff dependent block value it should find the place somewhere in the middle of the cryptocurrency economy.

Current price is low because lots of scrypt Digit supporters are selling. Price is likely going to stay low at least for a month or maybe even longer.
Assuming that dev continues to support this coin, price will probably start rising after those early supporters have taken out their profit and sold majority of their coins.
Current diff is rather low. This means that block reward will be low after 7500 blocks have been mined.
If diff stays as low as it is now - around 40. Then block reward aftet 7500 will be only about 130 coins. This will cut coin production by about 7 times and probably price will start slowly rising because of that.
Patience is the key here. This coin is nothing like 99% of the coins on the market and i think thats the good thing.
 Smiley
sr. member
Activity: 476
Merit: 250
maybe I'm not understanding this coin but if the staking reward is so high to give investors value, then why on earth would you have a mining period of one year? you're not incentivising anyone to hold or market your currency, just dump it at low prices at the first opportunity. you've relaunched a flawed coin with...another flawed coin?

just curious, am happy if someone can explain it as it makes no sense to me.
hero member
Activity: 546
Merit: 500
1% from each PoW block to bounties/funds. 0.2% to Support Fund and 0.05% donations to science.

We need know where these coins goes excatly, or nobody want to get in it!

Read the OP. They even have the wallet address there. You can see its balance from block explorer.
http://cryptexplorer.com/address/dET9BNYodaSpjZ3suYkn8GNQ5N5T17vtGE
Current balance is 77.8K. Current bounties total size is 50K.
Currently every mined block sends 12.5 coins to that wallet.

legendary
Activity: 938
Merit: 1001
http://www.hashharder.com/x13/digit

In Honour of Summercoin2 Launch We Are Setting Up a Range of X13 Pools

Coinbase has been modified to incorporate the (Subsidy / 80) donation to the DSF

hero member
Activity: 770
Merit: 504
(っ◔◡◔)っ🍪
 Cry  Cry  Cry
couldn't open suprnova pool page
couldn't connect to minep.it pool
decided to join p2pool
had to go to sleep because of appointment
checked dHwZNuDCKGFgbQnwK7nbHfqpiYo66qNu5u balance
0.00000000
apparently I was the only person mining @ p2pool
much sadness
 Cry  Cry  Cry
full member
Activity: 173
Merit: 100
zjz_lgd
 1% from each PoW block to bounties/funds. 0.2% to Support Fund and 0.05% donations to science.

We need know where these coins goes excatly, or nobody want to get in it!
copper member
Activity: 1162
Merit: 1025
stop dumping coins idiots



probly trademybit man
newbie
Activity: 9
Merit: 0
please add
Code:
[url]http://p2pool.palim.eu:10101[/url] (Germany)
to the first post tyvm
sr. member
Activity: 322
Merit: 250
stop dumping coins idiots
Pages:
Jump to: