★★DigiByte|极特币★★[DGB]✔ Core v6.16.5.1 - DigiShield, DigiSpeed, Segwit - page 1366.

appbox

sr. member

Activity: 421

Merit: 250

Quote from: DigiByte on June 02, 2014, 07:07:53 PM

Quote from: HR on June 02, 2014, 06:09:26 PM

As of 2014-06-02 21:03:42

Last 24 hours: only 410 blocks found of a supposed 1440 theoretical programed 60 second blocks.

Previous 24 hours: only 280 blocks found

Previous 24 hours: only 166 blocks found

What would be the explanation for this?

In order to be competitive with ASIS resistant coins (and the few still competitive scrypt coins), on a relative profitability basis, actually mining the coin, DGB would have to be valued at around 120 satoshi, and that, of course, is based on a 60 second block find basic assumption. With blocks being found at only around 1/4 of the rate of what should be the case . . . well, I'll let you all do the math. Blockchain Explorer: http://explorer.cryptopoolmining.com/chain/DigiByte

Something is very wrong with this picture.

This information is coming from 1 mining pool. Not the entire DigiByte network.

DigiSheild in low hashrate have some issues.

http://digibyte.dgbpool.com/?page=statistics&action=blocks

132732 Confirmed MC 03/06 06:45:02
132351 Confirmed abclpr 02/06 06:39:45

Previous 24 hours: ONLY 400 Blocks.

Hope the next version fix that.

DigiByte

legendary

Activity: 1722

Merit: 1051

Official DigiByte Account

Quote from: HR on June 02, 2014, 06:09:26 PM

As of 2014-06-02 21:03:42

Last 24 hours: only 410 blocks found of a supposed 1440 theoretical programed 60 second blocks.

Previous 24 hours: only 280 blocks found

Previous 24 hours: only 166 blocks found

What would be the explanation for this?

In order to be competitive with ASIS resistant coins (and the few still competitive scrypt coins), on a relative profitability basis, actually mining the coin, DGB would have to be valued at around 120 satoshi, and that, of course, is based on a 60 second block find basic assumption. With blocks being found at only around 1/4 of the rate of what should be the case . . . well, I'll let you all do the math. Blockchain Explorer: http://explorer.cryptopoolmining.com/chain/DigiByte

Something is very wrong with this picture.

This information is coming from 1 mining pool. Not the entire DigiByte network.

HR

legendary

Activity: 1176

Merit: 1011

Transparency & Integrity

As of 2014-06-02 21:03:42

Last 24 hours: only 410 blocks found of a supposed 1440 theoretical programed 60 second blocks.

Previous 24 hours: only 280 blocks found

Previous 24 hours: only 166 blocks found

What would be the explanation for this?

In order to be competitive with ASIS resistant coins (and the few still competitive scrypt coins), on a relative profitability basis, actually mining the coin, DGB would have to be valued at around 120 satoshi, and that, of course, is based on a 60 second block find basic assumption. With blocks being found at only around 1/4 of the rate of what should be the case . . . well, I'll let you all do the math. Blockchain Explorer: http://explorer.cryptopoolmining.com/chain/DigiByte

Something is very wrong with this picture.

hardcoreprime

full member

Activity: 147

Merit: 100

Hi, I have been into Crypto for about a year and am in Marketing. One suggestion i would like to make is that when i go to the Digibyte website, the first thing i would like to see is an explanation of what Digibyte is and what it can do for me in non-technical terms.

Looking from the view of a novice, i would probably not know what a world-wide decentralized payment network is... or what bitcoin is. Frankly, i wouldnt care about Bitcoin/Digibyte..... I just would want to know how this is an improvement over regular money and why i should adopt the product. What's in it for me?

I've seen many currency sites with homepage information that only target miners, programmers etc.... but you need to appeal to the general population...... mining information needs to be on a separate page as it will probably confuse people.

A video similar to bit-coins would be nice too

The reason why i am suggesting this is because i want to use Facebook and use a promoted ad and point to your website. I'm not sure who to target or what countries.....perhaps you could provide a few suggestions?

P.S I am an investor in Digibyte because i believe in the product and the team involved. Keep up the great work!

benjamoyne

full member

Activity: 274

Merit: 101

Quote from: DigiByte on June 02, 2014, 02:52:16 AM

Good things have happened today for DigiByte. We cannot tell you exactly right now for reasons that will be apparent later on.

Thats the update we need!

Something positive, with an air of mystery. Cheesy

hashnine

full member

Activity: 126

Merit: 100

Quote from: DigiByte on June 02, 2014, 02:52:16 AM

Good things have happened today for DigiByte. We cannot tell you exactly right now for reasons that will be apparent later on.

Sounds good !

Cool

DigiByte

legendary

Activity: 1722

Merit: 1051

Official DigiByte Account

Good things have happened today for DigiByte. We cannot tell you exactly right now for reasons that will be apparent later on.

SSG69

member

Activity: 61

Merit: 10

Quote from: Magic8Ball on June 01, 2014, 11:26:59 AM

Actually you should sell when price has gone up a lot because regardless of the merits there will be a huge correction.

I agree if you have the balls in the right moment. But in general: if the community wants a stable high price then it is best not to offer them to the market. This will make them rare and drive the price up until you are pleased with your personal investment goal. Also you risk loosing them all if the price looses you and raises steep without you being able to rebuy.

So i stick to my claim: if you want a high price, don´t sell your DGB.

fendlestick

hero member

Activity: 546

Merit: 500

Hi, please add Coin Gas to your Merchants list, we take DigiByte for Steam Games, www.coingas.com

makishart

legendary

Activity: 3108

Merit: 1029

Quote from: ,./,./ on June 01, 2014, 03:10:27 PM

Quote from: agxio on June 01, 2014, 01:59:23 PM

New LOWER DGB withdrawal fees at agx.io: 0.20000000 DGB per withdrawal, unlimited transaction size! DGB still earns 5% bonus buys, too!

You can also automate your trading via the AGX API and earn free trades for referring new users.

- The Austin Global Team

Find us at:
agx.io
reddit.com/r/AustinGlobalExchange/
twitter.com/AustinGlobalX
austinglobal.tumblr.com

to sell it is 0,25% fee?

Sell in mintpall Buy in AGX Cheesy

The_Cashier

sr. member

Activity: 335

Merit: 250

Better rewards
Coins deposited directly in your wallet
DDoS resistant
Up 24h/24h
No registration needed, just a DigiByte address as username
If node is down, you don't lose your DigiByte, your work is saved on network.

JOIN US TO MINE

,./,./

sr. member

Activity: 392

Merit: 250

Quote from: agxio on June 01, 2014, 01:59:23 PM

New LOWER DGB withdrawal fees at agx.io: 0.20000000 DGB per withdrawal, unlimited transaction size! DGB still earns 5% bonus buys, too!

You can also automate your trading via the AGX API and earn free trades for referring new users.

- The Austin Global Team

Find us at:
agx.io
reddit.com/r/AustinGlobalExchange/
twitter.com/AustinGlobalX
austinglobal.tumblr.com

to sell it is 0,25% fee?

agxio

member

Activity: 65

Merit: 10

New LOWER DGB withdrawal fees at agx.io: 0.20000000 DGB per withdrawal, unlimited transaction size! DGB still earns 5% bonus buys, too!

You can also automate your trading via the AGX API and earn free trades for referring new users.

- The Austin Global Team

Find us at:
agx.io
reddit.com/r/AustinGlobalExchange/
twitter.com/AustinGlobalX
austinglobal.tumblr.com

Magic8Ball

legendary

Activity: 1050

Merit: 1000

Quote from: SSG69 on May 31, 2014, 05:42:45 PM

Dont mistake the DGB-Market reaction for a reaction to the announcement. It is the opposite. The hype about the announcement is selfmade and the people are being played by their own minds tricks. Of course an algo change is nothing that implements itsself. It takes time and testing because we all want security for our investment and not some half baked experiment that risks it all. We should all have known that in advance. And OF COURSE there are some of us understanding that and make some quick trades with the insecure hands. What goes up must come down and a little bit of insecureness creates an avalanche. And in these small markets with a 12 BTC Volume it is quite easy to push the price around in the right moments.

The strategy for a rising price is simple: DONT SELL YOUR DGB. Wait for the expected target in a few years. Maybe 10 cents, maybe 1$, maybe 10$.

And to the developers: stick to your target but get innovative. Multi-Algo is the right direction. It takes time and you take a very professional approach in your announcements. That impressed me alot. (but please switch the logo to your suit and of the tie. Us europeans get blinded from so much grace you know? ;p )

Actually you should sell when price has gone up a lot because regardless of the merits there will be a huge correction.

ycagel

hero member

Activity: 924

Merit: 1000

I agree with this sentiment. I think in the crypto world, like other industries, the crowd has become used to instant gratification and not having any emotional attachment to the dev team or core infrastructure. There is no vested interest, except to keep achieving a higher velocity of money. Nothing wrong with that, but to really obtain the fruits of your labor, it won't happen in 6 months. I think DGB has a great core. I suggest more timely announcements, the foundation creation, etc. The investor meeting will be a major catalyst for achieving the roadmap that has been outlined. In hindsight, I think people will be kicking themselves for not investing.

YC

Quote from: RJF on June 01, 2014, 08:58:25 AM

Quote from: DigiByte on May 31, 2014, 02:38:06 PM

To those wanting an instant algo change. That is not realistic or possible.

Well said. A very wise, and rich, stock market investor once told me the real investment is patience, the money is just a way of showing that you have invested enough patience to make a profit down the road. This has worked for me more often than not over the years. I'll hold, and buy, and mine and wait. That's the way of things invested.

Great job devs, keep up the excellent PR, it can also make or break a coin...

RJF

RJF

hero member

Activity: 616

Merit: 500

Online since '89...

Quote from: DigiByte on May 31, 2014, 02:38:06 PM

To those wanting an instant algo change. That is not realistic or possible.

Well said. A very wise, and rich, stock market investor once told me the real investment is patience, the money is just a way of showing that you have invested enough patience to make a profit down the road. This has worked for me more often than not over the years. I'll hold, and buy, and mine and wait. That's the way of things invested.

Great job devs, keep up the excellent PR, it can also make or break a coin...

RJF

the_collector

newbie

Activity: 13

Merit: 0

If somebody is looking to buy, I'm selling for 40 sats on mintpal.

hashnine

full member

Activity: 126

Merit: 100

Quote from: miguodong on June 01, 2014, 06:45:40 AM

Quote from: hashnine on June 01, 2014, 01:20:11 AM

Come on guys, buy some DGB.

I already bought 2 millions yesterday.

New algo is coming!

I just drop 3 mil today. sorry buddy.

Np, at this price. Ty <3

miguodong

newbie

Activity: 41

Merit: 0

Quote from: hashnine on June 01, 2014, 01:20:11 AM

Come on guys, buy some DGB.

I already bought 2 millions yesterday.

New algo is coming!

I just drop 3 mil today. sorry buddy.

kizloc

newbie

Activity: 9

Merit: 0

Looks like there's going to be a flood of unboxing of those forgot about Butterfly labs Miners to mine DGB!!

Topic: ★★DigiByte|极特币★★[DGB]✔ Core v6.16.5.1 - DigiShield, DigiSpeed, Segwit - page 1366. (Read 3058926 times)