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Topic: ★★DigiByte|极特币★★[DGB]✔ Core v6.16.5.1 - DigiShield, DigiSpeed, Segwit - page 117. (Read 3058907 times)

full member
Activity: 147
Merit: 100
while 100x would be amazing, what would cause it to sky rocket that high? DGB market cap remains the same and there has been no recent news or anything upcoming.

Also, on the foundation is lists under exchanges: Coinbase

If DGB were to ever we listed, it would need to at the minimum be a top 20 coin in regards to market cap.

Not all rises come with news.  A lot of times you have growth first at the top (BTC, LTC, ETH, ZEC etc) and then as those rallies die down, people move some of their gains into promising alts.  DGB has 1) age with ongoing active development 2) focus on fast, cheap transactions (particularly good news with a company like steam dropping BTC support for fee costs and delays) 3) a good approach to 51% attacks that makes its network stronger than it would seem.  Basically, I'm saying DGB has already earned the growth it's about to get, but the market is too busy with btc and ltc right now, but if that ever dies down, they will go looking for promising alts, and DGB is very promising on fundamentals.  I think that could drive 50x USD alone.

DGB is also technologically positioned well to take advantage of the lightning network to process BTC transactions on the DGB chain.  Sadly, I haven't heard that they're gearing up to make 2018 about capturing that market share, but if they ever do, then 2018 prices could easily get insane.  1,000x, easy.  If anyone has the ability to talk to Jared or other DGB devs, ask them about DGB operating as a second layer payment solution on the BTC network.  It's a huge opportunity and no one has a better network to do it than DGB, but they have to show up and work the opportunity.  And right now, it's not clear to me that they see it yet.

+1

sr. member
Activity: 490
Merit: 251
Revolutionizing Brokerage of Personal Data
Hello. I would like to ask you. Is DGB realistic in the coming year going back to the price of 2000 sat?
newbie
Activity: 35
Merit: 0
Do you know that  the cheapest and fastest transactions of all  cryptocoins is DGB ? I used to transfer coins through DOGE, but now only through DGB.
member
Activity: 112
Merit: 11
while 100x would be amazing, what would cause it to sky rocket that high? DGB market cap remains the same and there has been no recent news or anything upcoming.

Also, on the foundation is lists under exchanges: Coinbase

If DGB were to ever we listed, it would need to at the minimum be a top 20 coin in regards to market cap.

Not all rises come with news.  A lot of times you have growth first at the top (BTC, LTC, ETH, ZEC etc) and then as those rallies die down, people move some of their gains into promising alts.  DGB has 1) age with ongoing active development 2) focus on fast, cheap transactions (particularly good news with a company like steam dropping BTC support for fee costs and delays) 3) a good approach to 51% attacks that makes its network stronger than it would seem.  Basically, I'm saying DGB has already earned the growth it's about to get, but the market is too busy with btc and ltc right now, but if that ever dies down, they will go looking for promising alts, and DGB is very promising on fundamentals.  I think that could drive 50x USD alone.

DGB is also technologically positioned well to take advantage of the lightning network to process BTC transactions on the DGB chain.  Sadly, I haven't heard that they're gearing up to make 2018 about capturing that market share, but if they ever do, then 2018 prices could easily get insane.  1,000x, easy.  If anyone has the ability to talk to Jared or other DGB devs, ask them about DGB operating as a second layer payment solution on the BTC network.  It's a huge opportunity and no one has a better network to do it than DGB, but they have to show up and work the opportunity.  And right now, it's not clear to me that they see it yet.
member
Activity: 91
Merit: 10
while 100x would be amazing, what would cause it to sky rocket that high? DGB market cap remains the same and there has been no recent news or anything upcoming.

Also, on the foundation is lists under exchanges: Coinbase

If DGB were to ever we listed, it would need to at the minimum be a top 20 coin in regards to market cap.

DGB has been forgotten until now because of ICO scams, BTC valuation and BTC forks. If marketcap was a good measure, ICO scams wouldn't be in the top 100 in coinmarketcap.
newbie
Activity: 1
Merit: 0
while 100x would be amazing, what would cause it to sky rocket that high? DGB market cap remains the same and there has been no recent news or anything upcoming.

Also, on the foundation is lists under exchanges: Coinbase

If DGB were to ever we listed, it would need to at the minimum be a top 20 coin in regards to market cap.
member
Activity: 91
Merit: 10
DGB will rise at least 100x from the current price, something between 9k and 10k satoshis.
full member
Activity: 209
Merit: 100
I don't like DGB. Market supply is very high.

So you dont like $ cuz there are trillions out there? Wanna give them to me?
newbie
Activity: 13
Merit: 0
I don't like DGB. Market supply is very high.
legendary
Activity: 1218
Merit: 1003
I've been thinking a modified Proof-of-Stake (mPOS) algorithm could be a good alternative mining algorithm for DGB.

An algorithm where mining-node has to provide the network with proof of 100,000 DGB ($1,500) as a type of collateral. Then the mPOS algorithm could have a pseudo-random selection process that is derived from the hash of a previous block to select the mining-node that gets to create the next block. Having a mPOS algorithm would create incentive for miners to invest in DGB instead of spending money on expensive ASIC hardware and electricity. It would also have the tendency to pull upward on the value of DGB by encouraging savers, effectively reducing the DGB supply which offsets the effects of the high short-term inflation.

Any one else have thoughts on this idea?
Not exactly that idea but this one.

A Digi ID mining wallet perhaps could be possible. We may be a way off being able to ensure that the owner really is a real person in control of their personal wallet but that certainly seems to be part of what we are working towards. It is never going to be easy because nation states can create false IDs and this could be something possibly worth doing a bit of that for, it may even just become necessary for them to do or attempt this. Other bad actors will have perhaps limited capability of doing it too but these are real and important world issues that this technology will actually be attempting to tackle seriously for the first time…… digital trails will eventually be analysed to show what is really happening and hopefully we will be able learn from this and adapt too!
 
Maybe the coins mined to this ‘now imaginary’ ID wallet, wouldn’t actually be able to be spent until analysis of the ID trail put beyond reasonable doubt that it really belonged to a real person entitled to the funds in it  at a future date.

I don’t know how we might exactly achieve all of this yet, I don’t think this is a little challenge!
But this could theoretically be a basis for a universal payment, designed to compensate for world automation perhaps?

In my minds eye anyway.   Smiley
member
Activity: 140
Merit: 17
BITCOIN===>THE DISRUPTIVE CYBERCURRENCY
Come on, that’s not fair. ASICs are part of the efficiency drive of this technology.  I agree with much of what he said, let’s aim to keep DigiByte as inclusive as possible. If GPUs can’t cut it against ASICs, they aren’t going to stop making them because it’s naughty.  I’m sure DigiByte can still find ways in which individuals can be included and keep our network distributed, and the stronger this solution is the stronger our entire network will be!

I appreciate the effort to increase civility.  FWIW I wasn't much bothered, though I do know some newcomers will get easily spooked by toxicity.  Coins need users and striking out at anyone new can only hurt the cause.  Sorry the toxicity got redirected at you for your effort.  No good deed goes unpunished, eh?



Think nothing of it....I say what I think, mostly.....I accept there is a security/distribution equation that needs to be balanced in DigiByte and see it is a good position to deal with that issue.

I know what I'm doing with my money and support for DigiByte, looks like you do too!  

f.y.i.===> DGB is the real litecoin Wink ~expect hashrates to elevate up to epic proportions soon<<<

https://poloniex.com/exchange#btc_dgb

legendary
Activity: 1218
Merit: 1003
legendary
Activity: 1218
Merit: 1003
Come on, that’s not fair. ASICs are part of the efficiency drive of this technology.  I agree with much of what he said, let’s aim to keep DigiByte as inclusive as possible. If GPUs can’t cut it against ASICs, they aren’t going to stop making them because it’s naughty.  I’m sure DigiByte can still find ways in which individuals can be included and keep our network distributed, and the stronger this solution is the stronger our entire network will be!

I appreciate the effort to increase civility.  FWIW I wasn't much bothered, though I do know some newcomers will get easily spooked by toxicity.  Coins need users and striking out at anyone new can only hurt the cause.  Sorry the toxicity got redirected at you for your effort.  No good deed goes unpunished, eh?



Think nothing of it....I say what I think, mostly.....I accept there is a security/distribution equation that needs to be balanced in DigiByte and see it is a good position to deal with that issue.

I know what I'm doing with my money and support for DigiByte, looks like you do too!  
member
Activity: 140
Merit: 17
BITCOIN===>THE DISRUPTIVE CYBERCURRENCY
member
Activity: 112
Merit: 11
Come on, that’s not fair. ASICs are part of the efficiency drive of this technology.  I agree with much of what he said, let’s aim to keep DigiByte as inclusive as possible. If GPUs can’t cut it against ASICs, they aren’t going to stop making them because it’s naughty.  I’m sure DigiByte can still find ways in which individuals can be included and keep our network distributed, and the stronger this solution is the stronger our entire network will be!

I appreciate the effort to increase civility.  FWIW I wasn't much bothered, though I do know some newcomers will get easily spooked by toxicity.  Coins need users and striking out at anyone new can only hurt the cause.  Sorry the toxicity got redirected at you for your effort.  No good deed goes unpunished, eh?

@OWZ1337 DGB has an interesting 5 algorithm approach, but are working to change at least some of them (so beware of investing hardware until they've chosen).  Read about the current ones here: https://www.digibyte.co/digibyte-mining-introduction

Quote
With DigiByte you have the ability to choose to mine on five separate algorithms.  These algorithms include; sha256, skein, qubit, groestl and scrypt.  Each algorithm is better suited to different types of mining hardware. Sha256 & scrypt are now almost exclusively mined by advanced "ASIC" miners. Skein and groestl are good for GPU's and qubit is a combination of multiple types of hardware.

Specialized mining hardware can be quite costly and often times it is simply better just to purchase DigiBytes if you do not already own right computing hardware such as a gaming graphics card.
member
Activity: 140
Merit: 17
BITCOIN===>THE DISRUPTIVE CYBERCURRENCY
While I do understand the need for extremely careful evaluation before choosing and implementing new GPU and CPU algos, the fact is that, until that happens, DGB won't a "fair", decentralized coin anymore. It's completely in the hands of the owners of those damn new ASICs (all of which I'm pretty sure are in the hands of a very small group of people), just like Bitcoin and all other coins controlled by ASIC owners. So, right now, DGB isn't the "real DGB" anymore, it's just one more centralized coin, not even fulfilling one of their basic proposals, which is to be mineable by anyone, with equipment easily accessible to anyone.


There are farms of GPU miners just like there are farms of asics.  With CPU it's even worse: botnets can take the lions share from individual miners.  Conversely, there are asics aplenty 1-10 units at a time in folks' garages spread all over the world.  I like that DGB is multialgo, and I do think that part of the security that comes from that requires choosing algos mineable by different tech: CPU, GPU, ASIC, for maximum diversity, but I think asic hate is overstated.  I hope as they move forward their goal is diversity and not anti-ASIC.

The best thing that can happen to DGB long-term is to be able to use lightning network to interact with bitcoin and have payment processors do atomic swaps from people paying with bitcoin and run the transactions on DGB for fast/cheap processing.  To be able to persuade processors to do that, you need a very secure network, and ASICs should be part of that mix.

I'm pretty sure there are no "CPU/GPU farms" mining DGB right now, the cost alone would make it unfeasible, and even if/when there were, there's no comparison to the damage ASICs cause to decentralization. I really wish scum like you who love to spread this kind of pro-ASIC FUD everywhere would get the fuck away from DGB.


(...) I agree with much of what he said (...)

Of course you do. You've been pushing your pro-ASIC agenda ever since you showed up on this thread. You just have a sneakier way of doing it, pretending you support decentralization and other DGB features so that the average clueless moron who reads your posts won't notice your real purpose. So before I forget, FUCK OFF TOO.
Thanks for that.....You are right I started mining DigiByte with SHA256 ASICs, these days I have no mining on DGB, I couldn't keep up....I want things to change from here too but this isn't going to help.


what algo is DGB now? ===> looks undervalued below 100 satoshi!!  Cool  ~i don't mind buying better equipment if it will legitimately help the cause!! thank you<<<
member
Activity: 350
Merit: 10
During the past week, DigiByte went sharply down and lost to Bitcoin more than 50% while moving from 160 satoshi down to 70 satoshi. But it found the support at 127.2% Fibonacci retracement level applied to the last corrective wave up which is 83 satoshi. Although price spiked down lower and rejected the downtrend trendline, it recovered quickly and broke above the downtrend trendline.Current corrective wave down is showing that the 83 satoshi support is being rejected for the second time which could potentially result in a trend reversal for DGB/BTC.
sr. member
Activity: 469
Merit: 260
Hello. I come from China. I saw this currency in the post bar, I would like to know how much production. 21 billion out how much, thank you

https://coinmarketcap.com/currencies/digibyte/
Market Cap
$2,478,432
3,781 BTC

Volume (24h)
$63,311
96.59 BTC

Available Supply
7,395,258,031 DGB




$0.014809 USD
0.00000089 BTC

Market Cap
$141,177,449 USD
8,442 BTC

Volume (24h)
$5,823,340 USD
348.20 BTC

Circulating Supply
9,533,348,374 DGB
legendary
Activity: 1218
Merit: 1003
While I do understand the need for extremely careful evaluation before choosing and implementing new GPU and CPU algos, the fact is that, until that happens, DGB won't a "fair", decentralized coin anymore. It's completely in the hands of the owners of those damn new ASICs (all of which I'm pretty sure are in the hands of a very small group of people), just like Bitcoin and all other coins controlled by ASIC owners. So, right now, DGB isn't the "real DGB" anymore, it's just one more centralized coin, not even fulfilling one of their basic proposals, which is to be mineable by anyone, with equipment easily accessible to anyone.


There are farms of GPU miners just like there are farms of asics.  With CPU it's even worse: botnets can take the lions share from individual miners.  Conversely, there are asics aplenty 1-10 units at a time in folks' garages spread all over the world.  I like that DGB is multialgo, and I do think that part of the security that comes from that requires choosing algos mineable by different tech: CPU, GPU, ASIC, for maximum diversity, but I think asic hate is overstated.  I hope as they move forward their goal is diversity and not anti-ASIC.

The best thing that can happen to DGB long-term is to be able to use lightning network to interact with bitcoin and have payment processors do atomic swaps from people paying with bitcoin and run the transactions on DGB for fast/cheap processing.  To be able to persuade processors to do that, you need a very secure network, and ASICs should be part of that mix.

I'm pretty sure there are no "CPU/GPU farms" mining DGB right now, the cost alone would make it unfeasible, and even if/when there were, there's no comparison to the damage ASICs cause to decentralization. I really wish scum like you who love to spread this kind of pro-ASIC FUD everywhere would get the fuck away from DGB.


(...) I agree with much of what he said (...)

Of course you do. You've been pushing your pro-ASIC agenda ever since you showed up on this thread. You just have a sneakier way of doing it, pretending you support decentralization and other DGB features so that the average clueless moron who reads your posts won't notice your real purpose. So before I forget, FUCK OFF TOO.
Thanks for that.....You are right I started mining DigiByte with SHA256 ASICs, these days I have no mining on DGB, I couldn't keep up....I want things to change from here too but this isn't going to help.
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