When can we expect to see the milestone plans for DGB from the development team?
Thanks,
YC
Topic: ★★DigiByte|极特币★★[DGB]✔ Core v6.16.5.1 - DigiShield, DigiSpeed, Segwit - page 1486. (Read 3058806 times)
March 03, 2014, 08:41:44 PM
March 03, 2014, 08:15:13 PM
Do i need seperate wallets to run MPOS and a P2Pool or can they be run off one?
March 03, 2014, 08:09:31 PM
Need to get onto more exchanges asap. Lets get more awareness out there about Digibyte!
Yeah. Totally agree. This is the fast way to grow up.fast and good!
We need it like a flowers needs water! March 03, 2014, 07:44:29 PM
Need to get onto more exchanges asap. Lets get more awareness out there about Digibyte!
Yeah. Totally agree. This is the fast way to grow up. 
March 03, 2014, 06:35:54 PM
The Digishield, participation of development team, and great community are starting to bring the price up to an almost reasonable level. Many people bought around 250-300, so have it at around 70 is still ridiculously low.
Unfortunately, DigiByte is a large total coin crypto. The price/value ratio is much more sane at the moment. Unfortunately, many bought in at the top of the 400 satoshi pump, but that does not mean that the current price is "under-valued".That said, I would expect growth from the current reasonable price any time one of two things happen:
1. Demand in the market rises. More money chasing fewer coins = higher prices.
2. Over time, as the block reward goes down, assuming demand remains stable. Again, more demand chasing fewer coins = higher prices.
Guys, now is the time to get more people on board! Promote DigiByte on your twitter, on reddit, in another thread - someplace! Say it's due to DigiShield, say it's Wolong, I don't care how you spin it - DGB is moving up, tell people and get them on the train!
Promoting a coin you believe in is always a good idea. "Jumping on the train", is unfortunately like saying, "Pump". In the short run it can be fun, in the longer run not so much.
In the long run, promote and argue in such a way that brings people into the fold for the long run.
Just my two digis
As for the first part of the analysis - it's all good, but you're willfully ignoring competition and interest. All of those increases based on the numbers still rely upon interest and growth in the coin. You can also easily see it is undervalued in comparison to nearly any other altcoin that we're attempting to compete with. Take a coin's total supply, current supply, market prices, and compare those ratios to DGB. DGB is undervalued for it's pure supply numbers - period. There is no arguing that point until the rest of the coins come way down in relation to DGB. Is it undervalued as a whole? Normally I would say so - but I'm losing faith...
As for the 2nd point - I don't disagree, but promotion is near zero on this coin in any official capacity. I'm a long term holder - today is the first day I've daytraded any DGB at all after following it since launch - but that's what this coin has going for it now, it has attention. Grasp it now while you have it. Lots of people paying attention to crypto are speculators, I daresay most, and the slant of my suggestion is to entice speculators to take a look. I was a speculator for profit when I first mined DGB, but I later decided to hold as I learned more. So you're saying we shouldn't try to coax the biggest segment of the crypto audience over - because they're acting in a purely speculative manner to start? You want to be picky about the type of people who should come grab holdings of your coin ASAP? Are you really the face of PR? *blink* I'm not trying to be a dick, but this is a pretty conservative stance in a bubble market full of speculators.
All interest is good interest, the whales are already playing with it, the pumpers who can move markets aren't going to get the news from me or anyone in this thread that DGB should be looked at - they're already playing it. This is an *opportunity where attention has spiked* - stop analyzing the quality of the attention and fucking grab the opportunity to promote. The whales and pumpers you seem to imply you don't want around are the exact people giving you the opportunity RIGHT NOW to attract smaller speculators due to their actions with the markets. It doesn't matter if it leaves a bad taste in your mouth cause pumpers are behind the spike, this is a great opportunity to embrace the exponential effect of social awareness and expand the user-base. Your goal should be more people using DigiByte, period. You want everybody.
I'm quickly losing faith with the complacency of how marketing of DGB is being handled. You all seem happy to keep it a clubhouse where everyone knows each other. If that's the case I won't be holding for long. :/
A large user-base underpins literally every aspect of this coin's success. My urgent tone comes from the belief that in bubble markets, even prospects with great fundamentals will sink if they do not navigate the bubble wisely. You can choose to wait on the sidelines, hoping for hype to recede, the herd to be culled, and logic in investing to come to crypto - but I personally believe choosing that route is risking being one of those who is culled. When the altcoin bubble pops and the fat is trimmed, the remaining few will be of the bold who took a chance, not the conservative players who waited for an opportunity instead of creating their own. Puff your chest and shout louder, even if it's not in your bones to be that way.
DigiShield should be pushed as the greatest thing since sliced bread and lightyears ahead of KGW, soon all coins will use this idea, etc. Even if that's all bravado and it's only a marginally different implementation, this is how things should be handled right now! There should've been/should be an official social-media press release for DigiShield and the 2.0 fork update, a page or less highlighting the need for something like this, the problem it fixes, why the competitors fell short, and why everyone will be using it soon. It's innovation because we say it is. See where I'm going with this? Where is this type of proactive promotion on behalf of the DigiByte team?
You bring up some great points, we are preparing to do some more massive marketing for DigiShield in the next few days! Since we have not heard from Bman3 in several weeks now we are talking about opening up a DigiByte video promo contest! As well as getting someone else who can do some work with the DigiMan.
March 03, 2014, 05:17:53 PM
Price just halved 
March 03, 2014, 05:14:08 PM
Need to get onto more exchanges asap. Lets get more awareness out there about Digibyte!
March 03, 2014, 05:08:52 PM
The Digishield, participation of development team, and great community are starting to bring the price up to an almost reasonable level. Many people bought around 250-300, so have it at around 70 is still ridiculously low.
Unfortunately, DigiByte is a large total coin crypto. The price/value ratio is much more sane at the moment. Unfortunately, many bought in at the top of the 400 satoshi pump, but that does not mean that the current price is "under-valued".That said, I would expect growth from the current reasonable price any time one of two things happen:
1. Demand in the market rises. More money chasing fewer coins = higher prices.
2. Over time, as the block reward goes down, assuming demand remains stable. Again, more demand chasing fewer coins = higher prices.
Guys, now is the time to get more people on board! Promote DigiByte on your twitter, on reddit, in another thread - someplace! Say it's due to DigiShield, say it's Wolong, I don't care how you spin it - DGB is moving up, tell people and get them on the train!
Promoting a coin you believe in is always a good idea. "Jumping on the train", is unfortunately like saying, "Pump". In the short run it can be fun, in the longer run not so much.
In the long run, promote and argue in such a way that brings people into the fold for the long run.
Just my two digis
March 03, 2014, 04:52:21 PM
Price to 100 satoshi soon!
March 03, 2014, 04:43:47 PM
buy now its going up FAST!
March 03, 2014, 04:40:29 PM
The Digishield, participation of development team, and great community are starting to bring the price up to an almost reasonable level. Many people bought around 250-300, so have it at around 70 is still ridiculously low.
March 03, 2014, 04:29:53 PM
i would like to give a better offer for 1.5mill DGB's if anyone interested in selling to me, send a PM. I'll pay with a veirfied Paypal account and a verified escroll!
prepair for chargeback in 3,2,1everyone knowes not to use paypal
March 03, 2014, 04:20:28 PM
Someone is investing heavily to DGB, after that there will be pumps. Dont sell your DGB's. Come and mine with us instead at DigiForce.cc
Whales are comming ...
Investors are good!
Please buy more DGB speculators
Whales are comming ...
Investors are good!
Please buy more DGB speculators
They are not investing, they are pumping up the coin. The wall has now moved to 67sat....
March 03, 2014, 04:02:24 PM
i would like to give a better offer for 1.5mill DGB's if anyone interested in selling to me, send a PM. I'll pay with a veirfied Paypal account and a verified escroll!
March 03, 2014, 04:00:51 PM
Someone is investing heavily to DGB, after that there will be pumps. Dont sell your DGB's. Come and mine with us instead at DigiForce.cc
Whales are comming ...
Whales are comming ...
Investors are good!
Please buy more DGB speculators
March 03, 2014, 03:57:02 PM
Someone is investing heavily to DGB, after that there will be pumps. Dont sell your DGB's. Come and mine with us instead at DigiForce.cc
Whales are comming ...
Whales are comming ...
March 03, 2014, 03:54:25 PM
Need help with a few settings for MPOS, what settings should i use here:
* Coin Target
* Target time for coins to be generated
* https://github.com/MPOS/php-mpos/wiki/Config-Setup#wiki-coin-target
**/
$config['cointarget'] = '150';
* TX Fees
* Fees applied to transactions
* https://github.com/MPOS/php-mpos/wiki/Config-Setup#wiki-tx-fees
**/
$config['txfee_auto'] = 0.1;
$config['txfee_manual'] = 0.1;
* Block Reward
* Block reward configuration details
* https://github.com/MPOS/php-mpos/wiki/Config-Setup#wiki-reward-settings
**/
$config['reward_type'] = 'block';
$config['reward'] = 7990; must be a setting for this so i don't have to keep changing it?
* Coin Target
* Target time for coins to be generated
* https://github.com/MPOS/php-mpos/wiki/Config-Setup#wiki-coin-target
**/
$config['cointarget'] = '150';
* TX Fees
* Fees applied to transactions
* https://github.com/MPOS/php-mpos/wiki/Config-Setup#wiki-tx-fees
**/
$config['txfee_auto'] = 0.1;
$config['txfee_manual'] = 0.1;
* Block Reward
* Block reward configuration details
* https://github.com/MPOS/php-mpos/wiki/Config-Setup#wiki-reward-settings
**/
$config['reward_type'] = 'block';
$config['reward'] = 7990; must be a setting for this so i don't have to keep changing it?
March 03, 2014, 03:12:47 PM
Thanks for the explanation. Makes sense. I don't mine, but am invested in DGB for the long term, so figured I would ask. Interesting times.
YC
What the DigiShield fix does is allow for sudden spikes in the hash rate to be properly & quickly adjusted for. This prevents pool hopping by large hash farms and multipools, where they will jump onto a coin, mine for a bit at low difficulty & then jump off, leaving the remaining loyal miners at a very high difficulty for a few hours at a reduced reward. Those graphs clearly show that it is working brilliantly btw.
IMHO the price volatility this week was mostly due to speculation on how quickly the price would rise with this fix in place, so to some extent I think yes, that was to be expected. However, with limited market volume it remains possible for someone to attempt manipulation should they be willing to risk a few bitcoins having a go. I'd give it a week or so & I think the Digishield related volatility should quieten down & we'll see much smaller movements. It would also help for one exchange to become slightly more dominant than the others so that it attracts greater volume & then acts as a kind of buffer against attempted manipulation. MintPal seems to be edging towards this position at the moment.
YC
For the non miner in mine, can you please explain how this fix allows their to be stability and growth for the currency? Seems like with that fix in place, the vol in price seems to be pretty high. Is that what the team expected?
Kind Regards,
YC
Kind Regards,
YC
Some people have expressed an opinion that the difficulty is changing to much or too fast. That is what it is supposed to do when the net hash changes up or down.
The difference is no other coin difficulty changes and adapts as quick as DigiShield. It is about as instant as you can get. It is much more accurate at mirroring the actuall hash rate than any other system including Kimoto Gravity Well. Even with the Kimoto Gravity Well Multipools still have the chance to "instamine" for quite a few blocks when they jump on a coin. Then one they leave the KMG can get "Stuck" for awhile at a higher difficulty.
We saw a sudden increase from less than 2 GH to over 8 GH yesterday. DigiShield performed beautifully and the multipools got a very small amount of coins compared to what they are used to getting. Not only that, but we never were "Stuck" at a high difficulty like most other coins would have been with such a dramatic increase in hash.
IMG removed to save space
The difference is no other coin difficulty changes and adapts as quick as DigiShield. It is about as instant as you can get. It is much more accurate at mirroring the actuall hash rate than any other system including Kimoto Gravity Well. Even with the Kimoto Gravity Well Multipools still have the chance to "instamine" for quite a few blocks when they jump on a coin. Then one they leave the KMG can get "Stuck" for awhile at a higher difficulty.
We saw a sudden increase from less than 2 GH to over 8 GH yesterday. DigiShield performed beautifully and the multipools got a very small amount of coins compared to what they are used to getting. Not only that, but we never were "Stuck" at a high difficulty like most other coins would have been with such a dramatic increase in hash.
IMG removed to save space
What the DigiShield fix does is allow for sudden spikes in the hash rate to be properly & quickly adjusted for. This prevents pool hopping by large hash farms and multipools, where they will jump onto a coin, mine for a bit at low difficulty & then jump off, leaving the remaining loyal miners at a very high difficulty for a few hours at a reduced reward. Those graphs clearly show that it is working brilliantly btw.
IMHO the price volatility this week was mostly due to speculation on how quickly the price would rise with this fix in place, so to some extent I think yes, that was to be expected. However, with limited market volume it remains possible for someone to attempt manipulation should they be willing to risk a few bitcoins having a go. I'd give it a week or so & I think the Digishield related volatility should quieten down & we'll see much smaller movements. It would also help for one exchange to become slightly more dominant than the others so that it attracts greater volume & then acts as a kind of buffer against attempted manipulation. MintPal seems to be edging towards this position at the moment.
March 03, 2014, 02:56:57 PM
Could someone explain to me why does Digibyte has an marketcap of 220K but scam coins like Auroracoin has almost 800 million
March 03, 2014, 02:07:04 PM
For the non miner in mine, can you please explain how this fix allows their to be stability and growth for the currency? Seems like with that fix in place, the vol in price seems to be pretty high. Is that what the team expected?
Kind Regards,
YC
Kind Regards,
YC
Some people have expressed an opinion that the difficulty is changing to much or too fast. That is what it is supposed to do when the net hash changes up or down.
The difference is no other coin difficulty changes and adapts as quick as DigiShield. It is about as instant as you can get. It is much more accurate at mirroring the actuall hash rate than any other system including Kimoto Gravity Well. Even with the Kimoto Gravity Well Multipools still have the chance to "instamine" for quite a few blocks when they jump on a coin. Then one they leave the KMG can get "Stuck" for awhile at a higher difficulty.
We saw a sudden increase from less than 2 GH to over 8 GH yesterday. DigiShield performed beautifully and the multipools got a very small amount of coins compared to what they are used to getting. Not only that, but we never were "Stuck" at a high difficulty like most other coins would have been with such a dramatic increase in hash.
IMG removed to save space
The difference is no other coin difficulty changes and adapts as quick as DigiShield. It is about as instant as you can get. It is much more accurate at mirroring the actuall hash rate than any other system including Kimoto Gravity Well. Even with the Kimoto Gravity Well Multipools still have the chance to "instamine" for quite a few blocks when they jump on a coin. Then one they leave the KMG can get "Stuck" for awhile at a higher difficulty.
We saw a sudden increase from less than 2 GH to over 8 GH yesterday. DigiShield performed beautifully and the multipools got a very small amount of coins compared to what they are used to getting. Not only that, but we never were "Stuck" at a high difficulty like most other coins would have been with such a dramatic increase in hash.
IMG removed to save space
What the DigiShield fix does is allow for sudden spikes in the hash rate to be properly & quickly adjusted for. This prevents pool hopping by large hash farms and multipools, where they will jump onto a coin, mine for a bit at low difficulty & then jump off, leaving the remaining loyal miners at a very high difficulty for a few hours at a reduced reward. Those graphs clearly show that it is working brilliantly btw.
IMHO the price volatility this week was mostly due to speculation on how quickly the price would rise with this fix in place, so to some extent I think yes, that was to be expected. However, with limited market volume it remains possible for someone to attempt manipulation should they be willing to risk a few bitcoins having a go. I'd give it a week or so & I think the Digishield related volatility should quieten down & we'll see much smaller movements. It would also help for one exchange to become slightly more dominant than the others so that it attracts greater volume & then acts as a kind of buffer against attempted manipulation. MintPal seems to be edging towards this position at the moment.
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