★★DigiByte|极特币★★[DGB]✔ Core v6.16.5.1 - DigiShield, DigiSpeed, Segwit - page 1364.

piyany

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Quote from: illodin on June 03, 2014, 08:06:51 AM

Quote from: iikun on June 03, 2014, 07:31:52 AM

Quote from: cycoinminer on June 03, 2014, 07:29:09 AM

The issue with the number of blocks being mined every hour, if wrong, would be, to me, a negative point (ie not working correctly)

to be honest I also thought it wasn't very positive, I have just 3 confirms on a transaction from 15mins ago

If there is a problem, it's nothing that can't be fixed at this point, all cryptos are still in development phase. Really, this shouldn't matter at all.

A fix to this problem will increase inflation by hundreds of percent. Yeah, I'm not an optimist that these prices currently will sustain but nice rally anyway! Tongue

By the way, confirmations now with increased network activity take ridiculous amount of time.

illodin

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Quote from: iikun on June 03, 2014, 07:31:52 AM

Quote from: cycoinminer on June 03, 2014, 07:29:09 AM

The issue with the number of blocks being mined every hour, if wrong, would be, to me, a negative point (ie not working correctly)

to be honest I also thought it wasn't very positive, I have just 3 confirms on a transaction from 15mins ago

If there is a problem, it's nothing that can't be fixed at this point, all cryptos are still in development phase. Really, this shouldn't matter at all.

the_game1224

sr. member

Activity: 252

Merit: 250

Not gonna lie shooting up 100% for no real reason makes me want to sell and buy back in when the correction comes. Don't get me wrong seeing some trade action for once is nice and I do think the 30s was too low but 80s are too high for overnight growth.

maxsinner

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Activity: 336

Merit: 250

Quote from: HR on June 03, 2014, 07:50:19 AM

Quote from: cycoinminer on June 03, 2014, 07:12:14 AM

It's interesting to see the price rise in the last couple of hours here.

Now, the team put out a message yesterday morning about good news coming - price hardly moved (+-5 SAT)

Come today, when the issue of blocks solved per hour is lower than expected, and there's 100% price rise......

Maybe I can't see the tree for the woods here, but when there's good news (yesterday), no-one pays attention, but when there's some bad news, people are flooding in to buy!

This was all a MintPal operation. Cryptsy lagged substantially, all the way, and was obviously a sympathy play, or arbitrage as they call it. This has all the characteristics of an intentional pump and I would be very careful. The base I described held after the breakout above descending resistance and a backtest. From a technical standpoint, this is very textbook, but the single exchange gunning has me very suspicious. With the algo change from scrypt to scrypt+ (scrypt plus a couple of other algos meaning that it's still scrypt in essence) and other obvious issues like the nagging question as to how the Dev team could possibly be unaware of the blocks solved issue . . . and if they were, well, I don't know if that's not even worse - both are horrible indications long term. I'm 100% out. Sorry, I was looking for something ex-scrypt to begin with, and now with serious doubts about the long term prospects, I can't justify holding DGB. Good luck to everyone who stays.

Nobody outside of the crypto world cares about algo changes etc. what makes or breaks the current price is the LA deal that Jared hinted about.

HR

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Quote from: cycoinminer on June 03, 2014, 07:12:14 AM

It's interesting to see the price rise in the last couple of hours here.

Now, the team put out a message yesterday morning about good news coming - price hardly moved (+-5 SAT)

Come today, when the issue of blocks solved per hour is lower than expected, and there's 100% price rise......

Maybe I can't see the tree for the woods here, but when there's good news (yesterday), no-one pays attention, but when there's some bad news, people are flooding in to buy!

This was all a MintPal operation. Cryptsy lagged substantially, all the way, and was obviously a sympathy play, or arbitrage as they call it. This has all the characteristics of an intentional pump and I would be very careful. The base I described held after the breakout above descending resistance and a backtest. From a technical standpoint, this is very textbook, but the single exchange gunning OVERNIGHT creating a setup for an awakening US market has me very suspicious. With the algo change from scrypt to scrypt+ (scrypt plus a couple of other algos meaning that it's still scrypt in essence) and other obvious issues like the nagging question as to how the Dev team could possibly be unaware of the blocks solved issue . . . and if they were, well, I don't know if that's not even worse - both are horrible indications long term. I'm 100% out. Sorry, I was looking for something ex-scrypt to begin with, and now with serious doubts about the long term prospects, I can't justify holding DGB. Good luck to everyone who stays.

iikun

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Activity: 1062

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Quote from: cycoinminer on June 03, 2014, 07:29:09 AM

Quote from: illodin on June 03, 2014, 07:21:10 AM

Quote from: cycoinminer on June 03, 2014, 07:12:14 AM

Come today, when the issue of blocks solved per hour is lower than expected, and there's 100% price rise......

How is there being less coins bad news if you're the first one to realize it?

If the number of coins is always shown (ie http://altexplorer.net/chain/DigiByte/) then I guess it's how you base your valuation - but the number of blocks issued is always shown in the block explorer.....
The issue with the number of blocks being mined every hour, if wrong, would be, to me, a negative point (ie not working correctly)

I'm looking forward to the actual news from the Devs. I've built up my stash from trading, so any price rise is always welcome

to be honest I also thought it wasn't very positive, I have just 3 confirms on a transaction from 15mins ago

cycoinminer

sr. member

Activity: 420

Merit: 250

Quote from: illodin on June 03, 2014, 07:21:10 AM

Quote from: cycoinminer on June 03, 2014, 07:12:14 AM

Come today, when the issue of blocks solved per hour is lower than expected, and there's 100% price rise......

How is there being less coins bad news if you're the first one to realize it?

If the number of coins is always shown (ie http://altexplorer.net/chain/DigiByte/) then I guess it's how you base your valuation - but the number of blocks issued is always shown in the block explorer.....
The issue with the number of blocks being mined every hour, if wrong, would be, to me, a negative point (ie not working correctly)

I'm looking forward to the actual news from the Devs. I've built up my stash from trading, so any price rise is always welcome

illodin

hero member

Activity: 966

Merit: 1003

Quote from: cycoinminer on June 03, 2014, 07:12:14 AM

Come today, when the issue of blocks solved per hour is lower than expected, and there's 100% price rise......

How is there being less coins bad news if you're the first one to realize it?

snakey

legendary

Activity: 1386

Merit: 1001

Something is up, price is taking off.

Nice

cycoinminer

sr. member

Activity: 420

Merit: 250

It's interesting to see the price rise in the last couple of hours here.

Now, the team put out a message yesterday morning about good news coming - price hardly moved (+-5 SAT)

Come today, when the issue of blocks solved per hour is lower than expected, and there's 100% price rise......

Maybe I can't see the tree for the woods here, but when there's good news (yesterday), no-one pays attention, but when there's some bad news, people are flooding in to buy!

maxsinner

sr. member

Activity: 336

Merit: 250

Quote from: halinyo on June 03, 2014, 06:44:44 AM

Quote from: maxsinner on June 03, 2014, 06:33:40 AM

Price increasing significantly. I wonder if there are people in the know already or the price jump is based purely on speculation.

It is not a speculation... DGB is showing the quality in an organic way... I think the new bottom is coming soon around 75 Satoshi. Then 100, then 150....... 1k Huh

They need to put a graph that shows the DGB supply in the next 20 years. People are now looking at the max number of 21 bil, then looking at 1bil only mined so far and think this is going to get a huge inflation.

22langer22

newbie

Activity: 38

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@Digibyte, now is when you drop an announcement/update post. If you want to ignite the rockets to the moon, you should do that today.

halinyo

legendary

Activity: 1106

Merit: 1000

The future is bright with DigiByte.

Quote from: maxsinner on June 03, 2014, 06:33:40 AM

Price increasing significantly. I wonder if there are people in the know already or the price jump is based purely on speculation.

It is not a speculation... DGB is showing the quality in an organic way... I think the new bottom is coming soon around 75 Satoshi. Then 100, then 150....... 1k Huh

HR

legendary

Activity: 1176

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Transparency & Integrity

They say they don't want just another pump and dump coin.

maxsinner

sr. member

Activity: 336

Merit: 250

Price increasing significantly. I wonder if there are people in the know already or the price jump is based purely on speculation.

,./,./

sr. member

Activity: 392

Merit: 250

why is the price incase

I know digibyte is the best coin of te world, but what do jared/digibyte? to let increase the price?

appbox

sr. member

Activity: 421

Merit: 250

Quote from: HR on June 03, 2014, 04:53:56 AM

Quote from: piyany on June 03, 2014, 04:29:18 AM

Quote from: illodin on June 03, 2014, 04:25:26 AM

Less inflation - me like. Grin

Yeah, but it was this way for months? When the issue will get fixed the inflation will skyrocket. I'm checking now and it takes sometimes 5 minutes to confirm transaction from exchange to my wallet? That's wrong..

5 minutes? Try more than an hour! Almost two hours between blocks 131993 and 131994 as I mentioned when I first commented on this issue!

Quote from: HR on May 31, 2014, 10:35:18 AM

I'm curious. With DBG stuck on block 131993 for over an hour and a half now, I started looking at the block chain and I noticed that it's been taking progressively longer to find blocks, with only an average of 10.66 blocks found per hour over the last 24 hours.

Only an average of 19.25 blocks found per hour over the last 5 days?

I've quickly searched a bit, but I haven't found anything on this. Forgive me if I've missed it.

Add: 131994 was just found - just under 2 hours between blocks!

And it's not like it has anything to do with high diff values: I went back into the blockchain looking for similar "freezes" and you can find them all over the place with low, average and high diff values. It looks completely random.
http://explorer.cryptopoolmining.com/chain/DigiByte

Diff and blocks isnt the most important, transactions time is too long. If the nethashrate is up quickly, the transactions maybe spent 20 mins +.

illodin

hero member

Activity: 966

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Quote from: ?? on ??

Quote from: piyany on June 03, 2014, 04:55:42 AM

Now there will exist less coins than everyone thought there would be.

Market cap is calculated based on number of blocks solved, same as the number of coins in circulation. So the data on coinmarketcap.com is right.

Yup. But I meant people calculating yearly supply based on block rewards and times. They will be pleasantly surprised.

piyany

full member

Activity: 168

Merit: 100

Quote from: illodin on June 03, 2014, 04:31:37 AM

Quote from: piyany on June 03, 2014, 04:29:18 AM

Quote from: illodin on June 03, 2014, 04:25:26 AM

Less inflation - me like. Grin

Yeah, but it was this way for months? When the issue will get fixed the inflation will skyrocket. I'm checking now and it takes sometimes 5 minutes to confirm transaction from exchange to my wallet? That's wrong..

Relatively maybe skyrocket, but only to the value it was meant to be originally. Now there will exist less coins than everyone thought there would be.

Market cap is calculated based on number of blocks solved, same as the number of coins in circulation. So the data on coinmarketcap.com is right.

This solves the mystery why DGB managed to stay around 30 all this months, the inflation was not killing it Shocked

Quote from: iikun on June 03, 2014, 04:33:59 AM

Try it the other way. Sometimes exchanges take a few minutes to process a transaction.

Nothing to do with that, it's always slow like sh*t.

HR

legendary

Activity: 1176

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Transparency & Integrity

Quote from: piyany on June 03, 2014, 04:29:18 AM

Quote from: illodin on June 03, 2014, 04:25:26 AM

Less inflation - me like. Grin

Yeah, but it was this way for months? When the issue will get fixed the inflation will skyrocket. I'm checking now and it takes sometimes 5 minutes to confirm transaction from exchange to my wallet? That's wrong..

5 minutes? Try more than an hour! Almost two hours between blocks 131993 and 131994 as I mentioned when I first commented on this issue!

Quote from: HR on May 31, 2014, 10:35:18 AM

I'm curious. With DBG stuck on block 131993 for over an hour and a half now, I started looking at the block chain and I noticed that it's been taking progressively longer to find blocks, with only an average of 10.66 blocks found per hour over the last 24 hours.

Only an average of 19.25 blocks found per hour over the last 5 days?

I've quickly searched a bit, but I haven't found anything on this. Forgive me if I've missed it.

Add: 131994 was just found - just under 2 hours between blocks!

And it's not like it has anything to do with high diff values: I went back into the blockchain looking for similar "freezes" and you can find them all over the place with low, average and high diff values. It looks completely random.
http://explorer.cryptopoolmining.com/chain/DigiByte

Topic: ★★DigiByte|极特币★★[DGB]✔ Core v6.16.5.1 - DigiShield, DigiSpeed, Segwit - page 1364. (Read 3058926 times)