★★DigiByte|极特币★★[DGB]✔ Core v6.16.5.1 - DigiShield, DigiSpeed, Segwit - page 1534.

cryptonewbie

full member

Activity: 434

Merit: 100

Quote from: DigiByte on February 19, 2014, 09:15:05 PM

Quote from: cryptonewbie on February 19, 2014, 09:05:53 PM

I have been popping in and out of this thread. The community support is tremendous, and the developer is very active. Those are both essential to the success of any coin.

Can anyone explain why there has been such a precipitous drop in the price the past two weeks, and what is going to provide some relief and increases prices again?

The issues with Mt.Gox have led to a decline in Bitcoin Prices which has affected us. Also, multipools have been jumping on and off every 2-3 hours and messing with the difficulty and then dumping their coins.

We are releasing an update on Friday that will change the difficulty re-target to every 1 minute. We will also change the reward structure so there is a 0.5% reward reduction every week. Both of these changes will have a positive long term effect on price.

Thanks for the quick response! Someone needs to tell people to stop selling so cheap on Coinmarket. The volume is really low, but its damaging the brand to have it sell at such a discounted price imo.

DigiByte

legendary

Activity: 1722

Merit: 1051

Official DigiByte Account

Quote from: cryptonewbie on February 19, 2014, 09:05:53 PM

I have been popping in and out of this thread. The community support is tremendous, and the developer is very active. Those are both essential to the success of any coin.

Can anyone explain why there has been such a precipitous drop in the price the past two weeks, and what is going to provide some relief and increases prices again?

The issues with Mt.Gox have led to a decline in Bitcoin Prices which has affected us. Also, multipools have been jumping on and off every 2-3 hours and messing with the difficulty and then dumping their coins.

We are releasing an update on Friday that will change the difficulty re-target to every 1 minute. We will also change the reward structure so there is a 0.5% reward reduction every week. Both of these changes will have a positive long term effect on price.

cryptonewbie

full member

Activity: 434

Merit: 100

I have been popping in and out of this thread. The community support is tremendous, and the developer is very active. Those are both essential to the success of any coin.

Can anyone explain why there has been such a precipitous drop in the price the past two weeks, and what is going to provide some relief and increases prices again?

ontopicplease

hero member

Activity: 778

Merit: 1000

Quote from: AtlantisPlatform on February 19, 2014, 01:30:27 PM

Quote from: drebkk on February 18, 2014, 10:24:47 PM

I'm halting all of my trades and pulling all of my funds from Crypsty until Digibyte is added. I encourage everyone else to do the same. With enough users - we will make an impact and prove that Digibyte is worth adding. I better trade elsewhere as I am all in on Digibyte now.

I wonder how 42 coin got added to cryptsy within 24 hours of being launched???

Well, did it help 42coin much?

DigiByte

legendary

Activity: 1722

Merit: 1051

Official DigiByte Account

Quote from: portice on February 19, 2014, 06:25:48 PM

Less time you give all a chance the update, the greater chance for a fork. I'd say don't rush it and set the block retarget about a week away.

This is a very good point. Thank you for your input!

portice

legendary

Activity: 999

Merit: 1000

Less time you give all a chance the update, the greater chance for a fork. I'd say don't rush it and set the block retarget about a week away.

DigiByte

legendary

Activity: 1722

Merit: 1051

Official DigiByte Account

Given the current difficulty swings do to multi-pools how long to you as pool owners feel we should wait after releasing the update on Friday for the difficulty readjustment?

Would 24 hours be enough time to allow for everyone in different time zones to update? Or should we wait 48-72 hours?

We want to put an end to this problem as soon as possible but without causing other issues. What are your thoughts?

DigiByte

legendary

Activity: 1722

Merit: 1051

Official DigiByte Account

Quote from: keemoman on February 19, 2014, 04:36:27 PM

Hi, has anyone offered to fix the (no offense) horribly photoshopped picture of the Digiman with the screen on the homepage of digibytes.co?
I could do it if a Dev could send me an HD picture of the Digiman and the Screen, because I tried photoshopping it in its current state and it's almost impossible to get better results. I can remove all the white lining, but then it leaves all the endings extremely jagged.

No offense taken, it was on our to do list, we just needed to push the update through. We are also waiting to get the new DigiMan in some new poses from Bman3.

How does it look now? http://www.digibyte.co/

torchwood-uk

member

Activity: 84

Merit: 10

Low latency P2Pool http://p2p.mining-man.com:9022/static/

500 DGB bonus to every miner that joins, just PM me with your DGB address. Earn more DGB on average when mining on a P2Pool.

keemoman

newbie

Activity: 1

Merit: 0

Hi, has anyone offered to fix the (no offense) horribly photoshopped picture of the Digiman with the screen on the homepage of digibytes.co?
I could do it if a Dev could send me an HD picture of the Digiman and the Screen, because I tried photoshopping it in its current state and it's almost impossible to get better results. I can remove all the white lining, but then it leaves all the endings extremely jagged.

iikun

legendary

Activity: 1062

Merit: 1003

Quote from: vmv_ on February 19, 2014, 01:46:37 PM

Quote from: AtlantisPlatform on February 19, 2014, 01:27:27 PM

Anyone know what happened to the smalltimeminer pool? It went away over 36 hours ago, can't access it, can't get my coins, damn these pools. These damn coins almost cost more to mine than they are worth and then these damn pools scam out with the coins.

Only http://flo.smalltimeminer.com/ seems to work

Also you can open www.smalltimeminer.com, but I don't know what a reason to do that )))

I just cashed out from www.smalltimeminer.com fine but the pool seems to have stopped. Not sure if it's still broken or everyone just changed pools.

Edit: scarily this transaction took a long time to propagate but coming through now. from initial transaction (0 confirms) to first confirmation over 10 minutes for some reason. definitely coming thru but I guess there must be a serious issue on their site still.

ycagel

hero member

Activity: 924

Merit: 1000

One of the issues I am noticing in the crypto world is the lag time and caps for withdrawals/deposits for fiat. Coinbase seems to be a reputable shop. We may want to try to get DGB on CoinMKT.com. Not sure if anyone has used them for other cryptos.

YC

ycagel

hero member

Activity: 924

Merit: 1000

It's favorable because consumers are more comfortable with Ebay / Paypal than going through an exchange. In some cases, the convenience causes a markup of 100-200% on the existing price of the coin on an exchange.

YC

Quote from: DigiByte on February 19, 2014, 02:41:33 PM

Quote from: ycagel on February 19, 2014, 02:21:16 PM

Might be great to have DGB get on board with Paypal:

http://www.coindesk.com/ebay-wallet-stores-multiple-currency/

YC

This is a very good idea, we will be making a pitch to companies like PayPal after we become a bit more established here in the next month or two. We have some development left to do before then. But it will happen in due time.

sammy007

legendary

Activity: 1904

Merit: 1003

Devs, please ask Comkort to add DigiByte?! This Exchange launching tomorrow (20 Feb). Looking very cute...

DigiByte

legendary

Activity: 1722

Merit: 1051

Official DigiByte Account

Quote from: ycagel on February 19, 2014, 02:21:16 PM

Might be great to have DGB get on board with Paypal:

http://www.coindesk.com/ebay-wallet-stores-multiple-currency/

YC

This is a very good idea, we will be making a pitch to companies like PayPal after we become a bit more established here in the next month or two. We have some development left to do before then. But it will happen in due time.

kimb0

full member

Activity: 154

Merit: 100

Quote from: HollowStorm on February 19, 2014, 01:31:31 PM

Quote from: AtlantisPlatform on February 19, 2014, 01:27:27 PM

Anyone know what happened to the smalltimeminer pool? It went away over 36 hours ago, can't access it, can't get my coins, damn these pools. These damn coins almost cost more to mine than they are worth and then these damn pools scam out with the coins.

P2Pools are better in that regard. Especially, if you have a hashrate above 100kh/s... you get better rewards and You MINE straight to your wallet.

If want to know more, just google p2pools.. theres so much info out there.

Giving P2P a go again, last time i got 2.5k in 24 hours Sad

and at a normal pool i get 10k+ in 24 hours

ycagel

hero member

Activity: 924

Merit: 1000

Might be great to have DGB get on board with Paypal:

http://www.coindesk.com/ebay-wallet-stores-multiple-currency/

YC

vmv_

member

Activity: 84

Merit: 10

Quote from: AtlantisPlatform on February 19, 2014, 01:27:27 PM

Anyone know what happened to the smalltimeminer pool? It went away over 36 hours ago, can't access it, can't get my coins, damn these pools. These damn coins almost cost more to mine than they are worth and then these damn pools scam out with the coins.

Only http://flo.smalltimeminer.com/ seems to work

Also you can open www.smalltimeminer.com, but I don't know what a reason to do that )))

HollowStorm

member

Activity: 70

Merit: 10

Quote from: AtlantisPlatform on February 19, 2014, 01:27:27 PM

Anyone know what happened to the smalltimeminer pool? It went away over 36 hours ago, can't access it, can't get my coins, damn these pools. These damn coins almost cost more to mine than they are worth and then these damn pools scam out with the coins.

P2Pools are better in that regard. Especially, if you have a hashrate above 100kh/s... you get better rewards and You MINE straight to your wallet.

If want to know more, just google p2pools.. theres so much info out there.

ycagel

hero member

Activity: 924

Merit: 1000

Thanks for the update. Can you tell me what you mean by "fork?" It seems to have a negative connotation to it.

YC

Quote from: DigiByte on February 19, 2014, 11:33:14 AM

Here is an update on the Friday code update:

After a late night last night we have been able to get the block reduction and difficulty re-adjustment code working on testnet. We are now working on transaction message support.

Our goal is to allow everyone to start updating this Friday around 7pm UTC as mentioned before.

The first reward reduction will not take place until next Wednesday to give people and pools a chance to update. (Will kick in at a specific block sometime Wednesday).

As far as the difficulty re-adjustment we would like that to go into effect as soon as possible. We are working on making that kick in at a specific block as well. More than likely that will be a 24 hour or 48 hour window. This applies mostly to pool operators.

We will announce more by the end of the day as to the specifics of that timeline.

Our goal is to get all clients to "fork" at the same block with the new parameters.

Topic: ★★DigiByte|极特币★★[DGB]✔ Core v6.16.5.1 - DigiShield, DigiSpeed, Segwit - page 1534. (Read 3058803 times)