Topic: ★★DigiByte|极特币★★[DGB]✔ Core v6.16.5.1 - DigiShield, DigiSpeed, Segwit - page 1657. (Read 3059020 times)

Like the translation on that one

That's true, I do want this coin to grow and succeed long term

"极特币"

Awesome, thank you for posting!

LOT actually uses a per block adjustment too. It doesn't stop it being hit by multipools, but it does allow it to recover faster once they leave.

that's weird, neither do I.  I'll put the main points here (article dated Jan 6):


One exchange, BTCtrade, has continued using a third-party payment provider even though the central bank banned such links with Bitcoin exchanges. A customer service representative for the exchange said its payment provider had yet to receive a formal notice from regulators and so remained active.
Other exchanges have looked for loopholes. Huobi, a Beijing-based exchange, allows users to make direct deposits in its own corporate bank account or even the personal one of Li Lin, its founder, with the company then brings the money on to its trading platform.
“We are a company and we have a business selling a product, and we need to settle accounts. This is totally legal. Yes, we can’t co-operate with payment providers but we can still conduct our own business,” Mr Li said.

OkayCoin has tried both approaches. It has worked with 95gateway.com, a small payment provider still willing to do business with Bitcoin exchanges, but this payment company has struggled to cope with the volume of transactions. At the end of December, OkayCoin created a corporate account similar to that of Huobi to handle deals. “For the two weeks that funds could not be added to our exchange, it was as painful as sitting on a thorn. The days went by like years,” it said in a statement on its website when unveiling the new corporate account method for transferring funds.

BTC China is beginning to fight back. It has opted not to use the corporate account transfer method out of concern that regulators might deem this to be the same as using a third-party payment provider. However, it has created a voucher system that allows people with money on the exchange to sell the right to that cash to people who want to buy Bitcoins

TL:DR The larger exchanges seem to allow direct payments to their corporate accounts, but as this is a slow process it's probably only attractive to speculators & is killing any chance of using BTC as a means of payments for goods and services. If people really want to buy BTC it does appear they can though. The article says nothing about how to cash out though.

This is very interesting and we will look more into this. Thank you for pointing it out!

Not able to read it as we do not have a FT membership. Is the article anywhere else?

here
https://forum.megacoin.co.nz/index.php?topic=893.0

What is this exactly? We have never heard of it.

The 2nd half of this article appears to have a good wrap-up of several exchanges' situations:
http://www.ft.com/cms/s/0/b7ae1ea6-76ce-11e3-a253-00144feabdc0.html#axzz2rSvfzwc7

This is a very solid point. And it may be in our best interest to just stay on coinmarket.io for awhile and to let the other exchanges add us when they are ready. Coinmarket.io is doing an awesome job!

What about Kimoto gravity well for Digibyte ?

The price would take a significant hit because multipools use Cryptsy to dump their coins. And we're talking huge amounts of coins per minute, way more than buy demand can handle.  It's the main reason LOT hasn't climbed higher on cryptsy despite taking off last week, they get to a point where multipools start mining & selling and then buy demand just can't handle it.  Seriously, coinmarket.io is doing a decent enough job as it is. We should keep doing what we're doing, get the word out, promote the coins strong points & then when Digi is finally added on an exchange like Cryptsy there will be greater buy support to help protect against the inevitable power dumping.

Does anyone know if it is possible to buy any coins with bank deposits in China still? We read they are using a voucher system, does anyone know of any other ways?

Quick Start

Start with registering on our pool & creating workers for your computers. You can use our automated config generator in our workers page and download pre-configured files for your mining software.

EU Stratum Server: stratum+tcp://eu.coinum.org:3339
US Stratum Server: stratum+tcp://us.coinum.org:3339

CGMiner Configuration

Here is sample CGMiner configurations with fail-over support. Given that the stratum server you use fails, your miner software will continue to work with out other stratum server.
Note: You have to change WORKER and PASS with your actual worker-name and worker-password values you get from workers page.

EU

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Stats & Graphs!

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can fill the following request form
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Appbox, can you tell us once again what exactly people are calling DigiByte in Chinese?

up!

Anyone know who runs coin market cap?