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Topic: ★★DigiByte|极特币★★[DGB]✔ Core v6.16.5.1 - DigiShield, DigiSpeed, Segwit - page 420. (Read 3059029 times)

sr. member
Activity: 469
Merit: 260
I hope to have some BTC before the announcement World of Warcraft Roll Eyes Undecided
hero member
Activity: 637
Merit: 500
Will 1 DGB ever hit $1? Thoughts? 1 to 3 years for adoption? Or nahhhh?

Well NEM (XEM) has similar supply and is 1133 satoshi   compared to 50 sat for DGB

What's the production rate difference?

NEM is completely premined, there will never be another XEM created. DGB is only a little bit premined, still mining for a while.

NEM only has a high marketcap because it's premined. Plenty coins in the top 50 are only there because of premine, pos, low supply that is easily manipulated or reward rate that is very low.
legendary
Activity: 3164
Merit: 1118
Will 1 DGB ever hit $1? Thoughts? 1 to 3 years for adoption? Or nahhhh?

Well NEM (XEM) has similar supply and is 1133 satoshi   compared to 50 sat for DGB

What's the production rate difference?

NEM is completely premined, there will never be another XEM created. DGB is only a little bit premined, still mining for a while.
hero member
Activity: 786
Merit: 1000
Will 1 DGB ever hit $1? Thoughts? 1 to 3 years for adoption? Or nahhhh?

Well NEM (XEM) has similar supply and is 1133 satoshi   compared to 50 sat for DGB

What's the production rate difference?
newbie
Activity: 52
Merit: 0
Interesting. Thanks guys! I'm new... so, I'm wrapping my mind around all of this!
legendary
Activity: 1457
Merit: 1001
Will 1 DGB ever hit $1? Thoughts? 1 to 3 years for adoption? Or nahhhh?

Well NEM (XEM) has similar supply and is 1133 satoshi   compared to 50 sat for DGB
hero member
Activity: 622
Merit: 504
Your only Amigo, in the World of Crypto
Will 1 DGB ever hit $1? Thoughts? 1 to 3 years for adoption? Or nahhhh?

To answer your question, you first have to be mindful of BTC/USD

if 1 BTC = $1000, $1 = 0.001 (100000 sat)
if 1 BTC = $10000, $1 = 0.0001 (10000 sat)
The highest DGB has ever "touch" was 998 sat.

I think it is possible 3-5 years from today...to "touch" $1, and it can baseline around $1...7-10 years from today.
Here is another way to look at it:

It is very possible for 1 BTC = $2000-$4000 before End 2017.
It is very possible for 1 DGB = 500-1000 sat before End 2017.

If 1 BTC = $2000 and 1 DGB = 500 sat, 1 DGB will be 1 cent.

for many of us, DGB hitting $0.01...is already GRAND.  Cool


 
newbie
Activity: 52
Merit: 0
Will 1 DGB ever hit $1? Thoughts? 1 to 3 years for adoption? Or nahhhh?
legendary
Activity: 1596
Merit: 1021
Just a heads up to everyone. The 190,000,000 (190 million) DGB that Disgraced Cryptsy owner Paul Vernon tried to sell on bittrex were returned to the receiver. I reported it to bittrex and they froze it at the time and the latest filing of cryptsy receiver showed the values recovered.. on it was 210,000,000 DGB. Bittrex distribution page no longer shows the 190 million in address #1 on the exchange.

Glad that wasn't dumped. On the bright side that 210 million is tied up till receivers can disperse it. A sell might happen to spread costs over all users or they may split the DGB back to returns im not sure. The receiver has stated that since likely paul wiped the server records returning to users is going to become difficult so they need to figure a solution.

Where can you see the recovered funds?


For the topic
https://bitcointalk.org/index.php?topic=1173703.8460

Direct link to pdf
http://cryptsyreceivership.com/v1/wp-content/uploads/2016/08/Notice-of-Filing-Receivers-2nd-Report-8-2-16-full.pdf

Its on page 18 in the document approx... there is a list of a bunch of recovered coins. GLD seems to have had a huge recovery like DGB

A link to an article on this
http://www.coindesk.com/cryptsy-ceo-millions-digital-currency-steal/


legendary
Activity: 1876
Merit: 1014
Just a heads up to everyone. The 190,000,000 (190 million) DGB that Disgraced Cryptsy owner Paul Vernon tried to sell on bittrex were returned to the receiver. I reported it to bittrex and they froze it at the time and the latest filing of cryptsy receiver showed the values recovered.. on it was 210,000,000 DGB. Bittrex distribution page no longer shows the 190 million in address #1 on the exchange.

Glad that wasn't dumped. On the bright side that 210 million is tied up till receivers can disperse it. A sell might happen to spread costs over all users or they may split the DGB back to returns im not sure. The receiver has stated that since likely paul wiped the server records returning to users is going to become difficult so they need to figure a solution.

Where can you see the recovered funds?
legendary
Activity: 1596
Merit: 1021
Just a heads up to everyone. The 190,000,000 (190 million) DGB that Disgraced Cryptsy owner Paul Vernon tried to sell on bittrex were returned to the receiver. I reported it to bittrex and they froze it at the time and the latest filing of cryptsy receiver showed the values recovered.. on it was 210,000,000 DGB. Bittrex distribution page no longer shows the 190 million in address #1 on the exchange.

Glad that wasn't dumped. On the bright side that 210 million is tied up till receivers can disperse it. A sell might happen to spread costs over all users or they may split the DGB back to returns im not sure. The receiver has stated that since likely paul wiped the server records returning to users is going to become difficult so they need to figure a solution.
sr. member
Activity: 270
Merit: 250
Lovin' Crypto
Can t wait for the new updated DGB technology  Smiley Has been quiet here lately, gotta have faith that behind the scenes DGB team is working hard

I Jared still here or has he left the project?

The github page looks dead and no news coming up recently

Jared is not like that, I think Jared is working hard, DGB is not a scam project like most projects  Wink

What support would help you think this ?Wink
legendary
Activity: 1218
Merit: 1003
Can t wait for the new updated DGB technology  Smiley Has been quiet here lately, gotta have faith that behind the scenes DGB team is working hard

I Jared still here or has he left the project?

The github page looks dead and no news coming up recently

At some stage Jared has to think about his future, a 2 million marketcap is not going to pay the bills after the $250k funding is gone. Jared could make a lot more working as a marketing manager at some big international company.

It's his marketing that has created a marketcap for digibyte that is 10 times the value is should be. Want proof? Let Jared announce he's moved onto marketing ETHEREUM.
You just can’t help yourself can you? Well don’t stop half way through a joke, we are waiting for the punch line. I am intrigued so explain how crypto, or anything for that matter, is valued. I think I can probably guess where your figures are coming from but assuming it isn’t straight out of your backside why not explain yourself?

Show me a company that thinks marketing is a waste of time. Tell me how many Myriads I can earn playing any kind of game and where its site is. Tell me about Myriads Secure & Confidential Document Certification Service or how Myriad plans on engaging the masses?
 
Throughout my working life, I’ve encountered many people walking around with a piece of paper in their hand because they thought it made them look engaged perhaps a piece of paper in each hand if they wanted to appear particularly busy and that is pretty much what your active github looks like to me.
hero member
Activity: 546
Merit: 500
Can t wait for the new updated DGB technology  Smiley Has been quiet here lately, gotta have faith that behind the scenes DGB team is working hard

I Jared still here or has he left the project?

The github page looks dead and no news coming up recently
sr. member
Activity: 404
Merit: 500
Can t wait for the new updated DGB technology  Smiley Has been quiet here lately, gotta have faith that behind the scenes DGB team is working hard
legendary
Activity: 1680
Merit: 1003
Well, That's Crypto :-\
I am a fan of DGB, Myriad & Gulden.

Gulden is accepted in a good amount of shops, so they definitely have that going for them.

DGB has Jared which I agree is half the battle.

Myriad has a good team.

Buy them all.
legendary
Activity: 1218
Merit: 1003
Nice to have you as part of the community myriadcoin, you are bringing up lots of good discussion points, so much easier to have a discussion when people aren't attacking each other  Smiley

Yes. I suggest DigiByte update to Myriad codebase, then spend their 250,000,000 dollar investment fund on further multi-algo developments. DigiByte could submit their improvements upstream to Myriad and both coins could be seen as working together. Myriad could be the most secure global payments network, and DigiByte could be for gaming tips. The Multi-PoW master race.

I hate to say this but Myriad and Dgb development will have to merge. I just read the Gulden announcement page and it looks like they doing a massive release, they have already done 3 updates this year and it will start getting embarrassing that we have more then double their marketcap on www.coinmarketcap.com.

The one thing they don't have is marketing and this is where they will fail no matter how good their development is but if they have to get a Jared it will be over for many alt coins. I don't like the Gulden team and I want digibyte to be the best.

I am not trying to scare the developers but a merge with Myriad is a good idea, faster development gives Jared more to market.
Seriously...we are not here to do battle with other blockchains, relax. Smiley Wink

Gulden is mainly for the Dutch where Digibyte is going for global usage with gaming adoption. I own both coins because they both have a good future.

When Holland officially adopts crypto…. its global! Grin
hero member
Activity: 637
Merit: 500
Nice to have you as part of the community myriadcoin, you are bringing up lots of good discussion points, so much easier to have a discussion when people aren't attacking each other  Smiley

Yes. I suggest DigiByte update to Myriad codebase, then spend their 250,000,000 dollar investment fund on further multi-algo developments. DigiByte could submit their improvements upstream to Myriad and both coins could be seen as working together. Myriad could be the most secure global payments network, and DigiByte could be for gaming tips. The Multi-PoW master race.

I hate to say this but Myriad and Dgb development will have to merge. I just read the Gulden announcement page and it looks like they doing a massive release, they have already done 3 updates this year and it will start getting embarrassing that we have more then double their marketcap on www.coinmarketcap.com.

The one thing they don't have is marketing and this is where they will fail no matter how good their development is but if they have to get a Jared it will be over for many alt coins. I don't like the Gulden team and I want digibyte to be the best.

I am not trying to scare the developers but a merge with Myriad is a good idea, faster development gives Jared more to market.
Seriously...we are not here to do battle with other blockchains, relax. Smiley Wink

Gulden is mainly for the Dutch where Digibyte is going for global usage with gaming adoption. I own both coins because they both have a good future.
legendary
Activity: 1218
Merit: 1003
Nice to have you as part of the community myriadcoin, you are bringing up lots of good discussion points, so much easier to have a discussion when people aren't attacking each other  Smiley

Yes. I suggest DigiByte update to Myriad codebase, then spend their 250,000,000 dollar investment fund on further multi-algo developments. DigiByte could submit their improvements upstream to Myriad and both coins could be seen as working together. Myriad could be the most secure global payments network, and DigiByte could be for gaming tips. The Multi-PoW master race.

I hate to say this but Myriad and Dgb development will have to merge. I just read the Gulden announcement page and it looks like they doing a massive release, they have already done 3 updates this year and it will start getting embarrassing that we have more then double their marketcap on www.coinmarketcap.com.

The one thing they don't have is marketing and this is where they will fail no matter how good their development is but if they have to get a Jared it will be over for many alt coins. I don't like the Gulden team and I want digibyte to be the best.

I am not trying to scare the developers but a merge with Myriad is a good idea, faster development gives Jared more to market.
Seriously...we are not here to do battle with other blockchains, relax. Smiley Wink
legendary
Activity: 1218
Merit: 1003
Guys, let's rally together as DigiByte Knights and mine MYRIAD CLASSIC to send out a message that Immutability of blockchain is paramount. Get your Qubit ASIC today at baikalminer.com !!

Just joking. But anyway,

I accept that Bitcoin and litecoin are secured by large amounts of mainly centralised hashing but I don’t know if I would say they were truly secure because of it. They are prohibitively expensive for someone new to make an attack on and the ultimate fear is that a government or powerful organisation may choose to deliberately disrupt the blockchain but you know what, I don’t see them winning by being disruptive, they ultimately win by mining more coin and fees. I don’t know how truly decentralized etherium really is and I suspect we already have a rouge super computer or two in the mix. As far as I know, Doge is mainly merge mined with litecoin. I have said before, I don’t think this is a great strategy for mining as your support can be quickly removed, like it was for IXC. That’s a friendly warning from my perspective. Doge also has practically an unlimited supply; I just can’t take it seriously at all as an investment that is. It may hold its current value for eternity!

Just a couple of points I disagree on:

"I don’t see them winning by being disruptive, they ultimately win by mining more coin and fees."

Yes... People don't see the need to attack coins with weak security. Better to just not invest in them, and not bother to mine them...

"Doge is mainly merge mined with litecoin. I have said before, I don’t think this is a great strategy for mining as your support can be quickly removed, like it was for IXC. "

True, but at the same time, Bitcoin and Litecoin(+auxcoins) dominate the hash rate for their respective PoWs to such a degree that if you don't enable merged mining, your hash rate will likely be so low that a profit switching pool could easily jump on at any time and inflict the same damage. And in fact they will do that attack, not out of malice, but because it's profitable. Meanwhile with merged mining, yes, an attack would be 'free', but they would actually profit from mining it honestly (consistently), so why would they attack?

Besides, when you add multi-PoWs, the situation becomes different from ixcoin. If Scrypt gets attacked, the blocks keep coming from the other PoWs. The chain doesn't get stuck while we're waiting for the difficulty to come back down.
I kind of see where you are coming from, I’m not so concerned about pools jumping for profit as I see that as legitimate business on the network and is an advantage to be taken by someone friendly or otherwise. It adds to overall network capacity so it should not pose a threat. Many professional miners do not hold the coins they mine because they see that as outside their remit anyway. Hard core supporters of a digital currency mine it even when it does not look profitable, because they understand that much of the time someone is trying to make it look unprofitable to make a profit.(DigiByte Knights)

Bitcoin or Litecoin unfortunately are so centralized today, that they could be seriously disrupted if not destroyed by military hardware, terrorists or even an accidental fire or flood. I’m sure this was never an original intention.

Because merge mining is predominantly pooled it is way more centralized, alternatively anyone solo mining actually adds a full node to support and strengthen the network(DigiByte Knights).

When a large amount of the mining is being done by machines predominantly mining something else, they are inclined to treat it as a bonus. At the same time individual miners are less likely to be attracted to mining your coin because of the competition and DigiByte is attempting to build a strong truly decentralized model.

Nobody can tell you right now, what we will in reality achieve because that will depend on whom and how many get on the bus.

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