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Topic: ★★DigiByte|极特币★★[DGB]✔ Core v6.16.5.1 - DigiShield, DigiSpeed, Segwit - page 1242. (Read 3058816 times)

member
Activity: 101
Merit: 10
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.
hero member
Activity: 924
Merit: 1000
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
legendary
Activity: 1198
Merit: 1000
hero member
Activity: 756
Merit: 500
Community Liaison,How can i help you?
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  Grin


@ cryptsy about 2 hours ago.
hero member
Activity: 924
Merit: 1000
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  Grin
hero member
Activity: 756
Merit: 500
Community Liaison,How can i help you?
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  Grin
hero member
Activity: 924
Merit: 1000
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
sr. member
Activity: 266
Merit: 250
DigiByte? Yes!
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?
hero member
Activity: 756
Merit: 500
Community Liaison,How can i help you?
sr. member
Activity: 434
Merit: 250
hero member
Activity: 756
Merit: 500
Community Liaison,How can i help you?
hero member
Activity: 644
Merit: 500
Nice to see DGB on the list:

http://blog.moolah.io/2014/09/01/mintpal-v2-tentative-market-listing/

Auroracoin
Bitcoindark
Blackcoin
Cloak
Cryptcoin
Crypti
Darkcoin
Digibyte
Dogecoin
Einsteinium
Faircoin
Feathercoin
Fluttercoin
GreenBacks
IOCoin
Jackpotcoin
Karmacoin
Librexcoin
Litecoin
Maxcoin
Mazacoin
Mintcoin
Monacoin
Monero
Myriadcoin
Nautiluscoin
NXT
Pandacoin
Peercoin
Pinkcoin
Quark
Razorcoin
Reddcoin
Shadowcoin
Supercoin
Sync
Syscoin
Vericoin
Vertcoin
Viacoin
XCurrency
Zetacoin

you forgot to add YC at the end of your post   Tongue
hero member
Activity: 924
Merit: 1000
Nice to see DGB on the list:

http://blog.moolah.io/2014/09/01/mintpal-v2-tentative-market-listing/

Auroracoin
Bitcoindark
Blackcoin
Cloak
Cryptcoin
Crypti
Darkcoin
Digibyte
Dogecoin
Einsteinium
Faircoin
Feathercoin
Fluttercoin
GreenBacks
IOCoin
Jackpotcoin
Karmacoin
Librexcoin
Litecoin
Maxcoin
Mazacoin
Mintcoin
Monacoin
Monero
Myriadcoin
Nautiluscoin
NXT
Pandacoin
Peercoin
Pinkcoin
Quark
Razorcoin
Reddcoin
Shadowcoin
Supercoin
Sync
Syscoin
Vericoin
Vertcoin
Viacoin
XCurrency
Zetacoin

YC
hero member
Activity: 924
Merit: 1000
Hats off to HR. I believe that the adoption phase and some of the analysis you provided will not be as long out if there is more marketing and real life adoption. It will accelerate and pricing will rise accordingly. Lot to observe and see. I do believe it is the best alt coin out there.

YC

HR, thank you for the information you are providing us.

I like the way you are investing in Digibyte.   Youre visions and thoughts.
I take my hat off to you.


Digibyte is creating some real momentum right now!


24






hero member
Activity: 938
Merit: 1000
www.multipool.us
Can the 3.0.1 changes please be uploaded into Github and tagged?  I do not like using precompiled binaries.

Thanks.
hero member
Activity: 756
Merit: 500
Community Liaison,How can i help you?
HR, thank you for the information you are providing us.

I like the way you are investing in Digibyte.   Youre visions and thoughts.
I take my hat off to you.


Digibyte is creating some real momentum right now!


24





sr. member
Activity: 266
Merit: 250
DigiByte? Yes!
Digibyte 16 sat.
Wow, i in person really don´t mind at all.

Digibyte is now giving us and the investors time to buy at some REALLY low prices.

Miners please keep autodumping youre Digibytes, Thank you.

Wait and see what update Digibyte team is coming with after the trip to japan&china,easy to get the price  x2   x3  x4.............

I just wish I could magically convert some cash into DGBs. Everything I have now is from my early days of mining LTC and then other altcoins, and converted to BTC with which I've bought DGB.

I will admit that it has been a little painful to see my Cryptsy Portfolio value cut in half over the past couple weeks because of the DGB drop Sad
HR
legendary
Activity: 1176
Merit: 1011
Transparency & Integrity
HR,

Thanks for sharing this. This puts a very unique perspective on things. As stated many times before, we are in this for the long haul! Smiley

Absolutely. Without a long term vision, the short termers will drag you down to the point where instead of slowly accumulating a long term investment, you sell what little you mine at a loss!

Glad you liked it!


Thank you HR it looks really promising.
Already seeing myself on the Bahama beaches with millions of Digibyte's to spend Cheesy

What date exactly Digibyte turns 1 year?
Might want to organize something to get some more and more attention?


24


I'll be there to pay you a visit from time to time!

In the meantime, we've got a first birthday party to plan for January 10!

And you're right about organizing something to increase visibility. This should be our number one objective right now. DGB is back on the map and being mined like crazy! This is the time! We're back on track and still in the "early adopter" phase (that should last long enough to really take DGB mainstream).

You know, when I look around, I don't see any crypto that's even close to DigiByte’s professional and proven Dev team, long term business plan and global vision, and algo change and mining production that’s literally rocking along – nobody’s even close to being positioned to develop a wide scale user base like DigiByte is. It’s not even close if you ask me.






Start point data was based on money supply and block reward as of today,
and the projections are based on the 0.5% block reward reduction every 10,080 blocks
and the assumption that the smoothed, long term block discovery rate equals current rates.


This has actually highlighted something that I have occasionally wondered but never got around to asking. As block rewards drop lower and lower, and indeed approach zero...  who is going to bother mining? Without miners, who then verifies transactions? Perhaps at that point the distributed infrastructure exists simply to support the payment network? But... who owns it? Makes you wonder if at that point we come full circle with centralised control once again?


I took a closer look at the long term, and at current rates of production (a realistic projection), some 22 years from now, around 2036, block rewards will finally make it to 1 DGB. Who knows how much a loaf of bread will cost by then, but if we were to say for argument's sake that it costs the same, and if BTC were still only worth $500, and DGB only made it to the 1000:1 mark at 50¢, that would still translate into a whopping $1,440.00 a day, and with current diffs, would still be very profitable (hey, if a loaf of bread costs the same, then so would electricity, right?  Wink ). Being more realistic, we should throw in some sort of inflation into the mix, but it would be the same for all components, more or less, correct? The point is that as the block reward falls, the price will rise . . . unless we're talking about a dying (or already dead) coin, which DGB certainly is not. I put in a green area on that chart where I think it's highly likely to be one of the "kings of the hill", but that green area could extend forever - theoretically, block reward never gets to zero (and if and when it might be necessary, years and years from now, we could always to a switch to POW/PoS . . .). There are transaction fees to keep in mind as well.

To be sure, I think this thing's as solid as it gets, and to worry about the short term only diverts our attention away from what we should really be concentrating on, which is aggressively bringing new early adopters on board. We've got a couple of years to create a user base equaled by none, and I dare say that at this time we have ZERO competition and it's ours for the doing.


Does the current dependency on BTC prices have any impact on this chart? For example, you may be attaining double the value if you purchase DGB at 15 satoshi and BTC is at $470 and it rises to 20 satoshi and BTC is at $550.

Just curious.

YC

None what-so-ever YC. It's only about block reward and money supply, and some personal, well informed (if I don't say so myself) observations.

Price is completely independent. It could go up, network hashrate and diff could go up too, let's say to a million miners just to be gregarious, and the blocks discovered and DGB mined would be the same. What could cause a million miners to get on DGB? An incredibly rising price, of course, but that's something I don't predict in the short term by any means, and a subject for another day, which I do expect to address as soon as I have the time to properly do so. Smiley


BOTTOM LINE: DGB is back on track and ticking like a fine tuned watch.
It's time to get the word out, and people will thank you for doing so.

We're working with a long term winner that's still in the early adoption phase
(and will continue to be for enough time for more than we'd ever imagined to get on board).



Oh, and while it's cheaper to just buy DGB with fiat, why bother renting hash (or investing in hardware)? But that's for another day too.

sr. member
Activity: 266
Merit: 250
DigiByte? Yes!

Isn't that where difficulty factors in? If enough people quit mining the difficulty should fall so low that eventually it would become profitable again.

Technology is going to improve also, mining should continue to get faster/cheaper.


No, not really. What I'm saying is that with everything working as it should...  difficulty doing it's thing to regulate block discovery times, and the design of DGB being such that the block rewards reduce over time...  there comes a time in the not too distant future where block reward drops to less than 1000 (around 5.5 years out) and then at around 10 years out it's approaching 100 DGB/block. Point is...  the currency is only useful if it can be used...  and it can only be used if there are miners to verify transactions...maintain the blockchain....  therefore without miners... well...  you see where I'm going with this.

It's not just a DGB question...  any long term coin that has the potential to survive...  what happens if nobody bothers to mine anymore?




I see what you mean, I've actually wondered about that too (why mine when it approaches 0). But if the currency increases in value, it might be worth it to still mine with the decreasing block rewards (taking technology into account) even when the reward drops to 100, or 10, or maybe even 1 (or less), especially if it ever reaches the $1 per DGB value. (those are big IFs though...)

Assuming 3.5 days per block payout reduction, here's approximately when DGB would drop below certain block rewards (a little over 4 years for a factor of 10):
1000 July 2018
100 December 2022
10 May 2027
1 October 2031
0.1 March 2036
0.01 July 2040

I'm sure the problem will be addressed if/when it ever gets to that point...
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