★★DigiByte|极特币★★[DGB]✔ Core v6.16.5.1 - DigiShield, DigiSpeed, Segwit - page 606.

TamiLee

hero member

Activity: 637

Merit: 500

Quote from: HR on December 26, 2015, 04:12:12 AM

Quote from: HR on June 28, 2015, 04:33:01 AM

It’s not a question of if, rather it is a question of when (and I believe it has already begun, albeit in trickle mode still).

In my opinion, there is huge investment potential in cryptocurrencies. To get an idea of what I’m talking about, take the over 10 trillion USD aggregate M2 money supply for the U.S. alone and use that as your comparative calculative base, and then, being conservative, give the top 50 cryptocurrencies an aggregate value of just half that: 5 trillion USD.

If we assign equal parts of that 5 trillion USD of equivalent value to each of the top 50 cryptocurrencies, each would have the equivalent market cap of 100 billion USD. That means that each BTC would be worth $4,761.91, each LTC $1,190.48, each WDC $376.77, each DGB $4.77, and each DOGE would be worth around 1 buck (with the removal of its original cap of 100,000,000,000, similar to the fiats, it should initially lose around 5% of that value yearly in the coming years due to its now inherent inflationary component).

Does this sound far fetched? Why should it? Why shouldn’t cryptocurrencies have a similar value to their fiat cousins? After all, wasn’t that the original intent behind cryptos to begin with?

What’s more, the combined USD equivalent money supply of the developed world easily exceeds 50 trillion USD, 5 times the U.S. and 10 times this imaginary cryptocurrency aggregate figure. Is it really that far fetched to imagine that the best cryptocurrencies could one day have an aggregate value equal to a very modest 1/10 that of the developed world's aggregate fiat money supply?

And 21 billion DGB in itself is less than a quarter of a percent (~0.21%) of the USD supply, which is worth 1 dollar.

It's only a matter of time

I know of someone who has over 500 million coins, when digibyte becomes a success they will be one of the richest people on earth.

Sharkzz1

sr. member

Activity: 880

Merit: 251

Think differently

Quote from: yoyoamigo on December 26, 2015, 05:49:04 AM

Quote from: HR on December 26, 2015, 04:12:12 AM

Quote from: HR on June 28, 2015, 04:33:01 AM

It’s not a question of if, rather it is a question of when (and I believe it has already begun, albeit in trickle mode still).

In my opinion, there is huge investment potential in cryptocurrencies. To get an idea of what I’m talking about, take the over 10 trillion USD aggregate M2 money supply for the U.S. alone and use that as your comparative calculative base, and then, being conservative, give the top 50 cryptocurrencies an aggregate value of just half that: 5 trillion USD.

If we assign equal parts of that 5 trillion USD of equivalent value to each of the top 50 cryptocurrencies, each would have the equivalent market cap of 100 billion USD. That means that each BTC would be worth $4,761.91, each LTC $1,190.48, each WDC $376.77, each DGB $4.77, and each DOGE would be worth around 1 buck (with the removal of its original cap of 100,000,000,000, similar to the fiats, it should initially lose around 5% of that value yearly in the coming years due to its now inherent inflationary component).

Does this sound far fetched? Why should it? Why shouldn’t cryptocurrencies have a similar value to their fiat cousins? After all, wasn’t that the original intent behind cryptos to begin with?

What’s more, the combined USD equivalent money supply of the developed world easily exceeds 50 trillion USD, 5 times the U.S. and 10 times this imaginary cryptocurrency aggregate figure. Is it really that far fetched to imagine that the best cryptocurrencies could one day have an aggregate value equal to a very modest 1/10 that of the developed world's aggregate fiat money supply?

And 21 billion DGB in itself is less than a quarter of a percent (~0.21%) of the USD supply, which is worth 1 dollar.

It's only a matter of time

(⌐■_■).......( •_•)>⌐■-■.......(•_•) "Are you trying to tell me...that investing just $100 into DigiByte will one day make me into a millionaire...!?"

( •_•)>⌐■-■.......(⌐■_■).......('■_■') "It's a deal."

◈◈◈ Trading Tip ◈◈◈

Sometimes when you see a huge buy/sell order, it may not be real.
It's there to make other traders think there's support/resistance.
And when the market price nearly reaches it, it gets cancelled.

Ohyeahhhhhhhhh Cool

yoyoamigo

hero member

Activity: 622

Merit: 504

Your only Amigo, in the World of Crypto

Quote from: HR on December 26, 2015, 04:12:12 AM

Quote from: HR on June 28, 2015, 04:33:01 AM

It’s not a question of if, rather it is a question of when (and I believe it has already begun, albeit in trickle mode still).

In my opinion, there is huge investment potential in cryptocurrencies. To get an idea of what I’m talking about, take the over 10 trillion USD aggregate M2 money supply for the U.S. alone and use that as your comparative calculative base, and then, being conservative, give the top 50 cryptocurrencies an aggregate value of just half that: 5 trillion USD.

If we assign equal parts of that 5 trillion USD of equivalent value to each of the top 50 cryptocurrencies, each would have the equivalent market cap of 100 billion USD. That means that each BTC would be worth $4,761.91, each LTC $1,190.48, each WDC $376.77, each DGB $4.77, and each DOGE would be worth around 1 buck (with the removal of its original cap of 100,000,000,000, similar to the fiats, it should initially lose around 5% of that value yearly in the coming years due to its now inherent inflationary component).

Does this sound far fetched? Why should it? Why shouldn’t cryptocurrencies have a similar value to their fiat cousins? After all, wasn’t that the original intent behind cryptos to begin with?

What’s more, the combined USD equivalent money supply of the developed world easily exceeds 50 trillion USD, 5 times the U.S. and 10 times this imaginary cryptocurrency aggregate figure. Is it really that far fetched to imagine that the best cryptocurrencies could one day have an aggregate value equal to a very modest 1/10 that of the developed world's aggregate fiat money supply?

And 21 billion DGB in itself is less than a quarter of a percent (~0.21%) of the USD supply, which is worth 1 dollar.

It's only a matter of time

(⌐■_■).......( •_•)>⌐■-■.......(•_•) "Are you trying to tell me...that investing just $100 into DigiByte will one day make me into a millionaire...!?"

( •_•)>⌐■-■.......(⌐■_■).......('■_■') "It's a deal."

◈◈◈ Trading Tip ◈◈◈

Sometimes when you see a huge buy/sell order, it may not be real.
It's there to make other traders think there's support/resistance.
And when the market price nearly reaches it, it gets cancelled.

HR

legendary

Activity: 1176

Merit: 1011

Transparency & Integrity

Quote from: HR on June 28, 2015, 04:33:01 AM

It’s not a question of if, rather it is a question of when (and I believe it has already begun, albeit in trickle mode still).

In my opinion, there is huge investment potential in cryptocurrencies. To get an idea of what I’m talking about, take the over 10 trillion USD aggregate M2 money supply for the U.S. alone and use that as your comparative calculative base, and then, being conservative, give the top 50 cryptocurrencies an aggregate value of just half that: 5 trillion USD.

If we assign equal parts of that 5 trillion USD of equivalent value to each of the top 50 cryptocurrencies, each would have the equivalent market cap of 100 billion USD. That means that each BTC would be worth $4,761.91, each LTC $1,190.48, each WDC $376.77, each DGB $4.77, and each DOGE would be worth around 1 buck (with the removal of its original cap of 100,000,000,000, similar to the fiats, it should initially lose around 5% of that value yearly in the coming years due to its now inherent inflationary component).

Does this sound far fetched? Why should it? Why shouldn’t cryptocurrencies have a similar value to their fiat cousins? After all, wasn’t that the original intent behind cryptos to begin with?

What’s more, the combined USD equivalent money supply of the developed world easily exceeds 50 trillion USD, 5 times the U.S. and 10 times this imaginary cryptocurrency aggregate figure. Is it really that far fetched to imagine that the best cryptocurrencies could one day have an aggregate value equal to a very modest 1/10 that of the developed world's aggregate fiat money supply?

And 21 billion DGB in itself is less than a quarter of a percent (~0.21%) of the USD supply, which is worth 1 dollar.

It's only a matter of time

ghostycc

sr. member

Activity: 270

Merit: 250

Lovin' Crypto

Quote from: LittleTrader on December 25, 2015, 08:25:09 AM

Quote from: ?? on ??

I wish it would drop to 20 sats so I could buy more. Still they are so cheap! nom nom nom Cheesy

I don't see your christmas wish being granted, but what do I know it could be 20 by tonight :-)

It will not happen because everyone wants DGB nowadays :p

LittleTrader

member

Activity: 84

Merit: 10

Quote from: ?? on ??

I wish it would drop to 20 sats so I could buy more. Still they are so cheap! nom nom nom Cheesy

I don't see your christmas wish being granted, but what do I know it could be 20 by tonight :-)

bhokor

legendary

Activity: 966

Merit: 1000

Quote from: HalFinneysBrain on December 25, 2015, 02:05:26 AM

Picked up another 12M DGB this week. Ready for it to rise now

wow strong hands acumulating, usually it happens before a strong upward momement, i will be watching for some profit oportunity, do you think price will broke the 60 satos?

LittleTrader

member

Activity: 84

Merit: 10

Quote from: HalFinneysBrain on December 25, 2015, 02:05:26 AM

Picked up another 12M DGB this week. Ready for it to rise now

LIKE

BTC (we need a little DGB symbol when you type [dgb])

HalFinneysBrain

full member

Activity: 201

Merit: 100

Picked up another 12M DGB this week. Ready for it to rise now

bobthenager

sr. member

Activity: 443

Merit: 251

Quote from: Jumbley on December 24, 2015, 02:47:37 PM

Many of us will be stuffing ourselves over the holidays, so I thought I’d offer some food for thought for consumption by the general DigiByte community and I came up with pie! The DigiByte pie in the sky club to be precise!

We are approaching the New Year and DigiByte’s second birthday. There are over 5.5 billion Digibyte in circulation already and another 19 years of coin production to go before all 21 billion coins will have been minted.
Price or low price is often in discussion in this forum and as much as many of us believe it is not the most important aspect of DigiByte right now, it would be dishonest to say it is not of concern at all. So as a community what could we do to increase it?

Could we target price at one dollar per Digibyte and actively do something about achieving that?
I think this is possible, if we worked as a community, and this is my idea of how we might go about doing just that! A community acts together but it is extremely difficult to ensure that we do act together and not as individuals, people will always be tempted to move first because they know others will if they don’t.
Imagine we set up a club (the pie in the sky club) and we limited it to 1 million shares or members of this club. If we set the share value to 10,000 DGB, the total fund would have a potential target value of 10 billion DGB, nearly half of all the DigiByte that will ever be produced.

These funds would then be controlled by the trusted club trustees, contractually and legally bound to carry out their activities in accordance within the predetermined rules set out by the community members in a transparent manner so that everyone could see them and be reassured that this DigiByte at least, was off the market and was unable to be dumped onto it.

The mandate of the club could be as simple as this. All shares would be paid back to their respective owner, when DigiByte reached a fiat US dollar value of one dollar and remained above that value for 30 consecutive days or 30 days after all 1 million shares were allocated and total fund value was achieved, whichever came first! A $1 share at today’s prices could be worth $10,000 possibly when redeemed, hence ‘pie in the sky’ and if that wasn’t quite achieved, the club would have gone a long way to improving the value of DigiByte anyway.

Of course it would take time and cost money to set up a trust like this, so maybe the first hurdle would be to cost and fund that itself but this is the sort of thing that DigiByte Group was set up for, so that the community can do things like this. Maybe each share would come with a management fee, I don’t know because I have not taken this idea any further than it is presented here in front of you the DigiByte community for your consideration.
I’m not going to do anything more about it unless the support for it is overwhelming, so tell me what you think!

Please discuss and happy holidays everyone!

Wink

I'm down

Jumbley

legendary

Activity: 1218

Merit: 1003

Quote from: hammo on December 24, 2015, 07:16:09 PM

Quote from: ?? on ??

Quote from: Jumbley on December 24, 2015, 02:47:37 PM

Many of us will be stuffing ourselves over the holidays, so I thought I’d offer some food for thought for consumption by the general DigiByte community and I came up with pie! The DigiByte pie in the sky club to be precise!

We are approaching the New Year and DigiByte’s second birthday. There are over 5.5 billion Digibyte in circulation already and another 19 years of coin production to go before all 21 billion coins will have been minted.
Price or low price is often in discussion in this forum and as much as many of us believe it is not the most important aspect of DigiByte right now, it would be dishonest to say it is not of concern at all. So as a community what could we do to increase it?

Could we target price at one dollar per Digibyte and actively do something about achieving that?
I think this is possible, if we worked as a community, and this is my idea of how we might go about doing just that! A community acts together but it is extremely difficult to ensure that we do act together and not as individuals, people will always be tempted to move first because they know others will if they don’t.
Imagine we set up a club (the pie in the sky club) and we limited it to 1 million shares or members of this club. If we set the share value to 10,000 DGB, the total fund would have a potential target value of 10 billion DGB, nearly half of all the DigiByte that will ever be produced.

These funds would then be controlled by the trusted club trustees, contractually and legally bound to carry out their activities in accordance within the predetermined rules set out by the community members in a transparent manner so that everyone could see them and be reassured that this DigiByte at least, was off the market and was unable to be dumped onto it.

The mandate of the club could be as simple as this. All shares would be paid back to their respective owner, when DigiByte reached a fiat US dollar value of one dollar and remained above that value for 30 consecutive days or 30 days after all 1 million shares were allocated and total fund value was achieved, whichever came first! A $1 share at today’s prices could be worth $10,000 possibly when redeemed, hence ‘pie in the sky’ and if that wasn’t quite achieved, the club would have gone a long way to improving the value of DigiByte anyway.

Of course it would take time and cost money to set up a trust like this, so maybe the first hurdle would be to cost and fund that itself but this is the sort of thing that DigiByte Group was set up for, so that the community can do things like this. Maybe each share would come with a management fee, I don’t know because I have not taken this idea any further than it is presented here in front of you the DigiByte community for your consideration.
I’m not going to do anything more about it unless the support for it is overwhelming, so tell me what you think!

Please discuss and happy holidays everyone!

Wink

Sounds like a good idea! I am in! Cheesy

Sounds like a Plan but...

Maybe 10,000 members contributing a million DGB each is a much more realistic goal.

As you say, it takes the coins off the market.

And the wallet could be a multi-sig one amongst the trustees

Of course, you'd call it the Million Digibyte Club

Good, other idea's coming into the mix! Keep them coming..Yes a millionaire might take 100 shares.

"One Dollar One DigiByte!"

Today, that's pie in the sky still and we are an honest and open community so we don't mind saying so.

hammo

sr. member

Activity: 493

Merit: 250

Quote from: ?? on ??

Quote from: Jumbley on December 24, 2015, 02:47:37 PM

Many of us will be stuffing ourselves over the holidays, so I thought I’d offer some food for thought for consumption by the general DigiByte community and I came up with pie! The DigiByte pie in the sky club to be precise!

We are approaching the New Year and DigiByte’s second birthday. There are over 5.5 billion Digibyte in circulation already and another 19 years of coin production to go before all 21 billion coins will have been minted.
Price or low price is often in discussion in this forum and as much as many of us believe it is not the most important aspect of DigiByte right now, it would be dishonest to say it is not of concern at all. So as a community what could we do to increase it?

Could we target price at one dollar per Digibyte and actively do something about achieving that?
I think this is possible, if we worked as a community, and this is my idea of how we might go about doing just that! A community acts together but it is extremely difficult to ensure that we do act together and not as individuals, people will always be tempted to move first because they know others will if they don’t.
Imagine we set up a club (the pie in the sky club) and we limited it to 1 million shares or members of this club. If we set the share value to 10,000 DGB, the total fund would have a potential target value of 10 billion DGB, nearly half of all the DigiByte that will ever be produced.

These funds would then be controlled by the trusted club trustees, contractually and legally bound to carry out their activities in accordance within the predetermined rules set out by the community members in a transparent manner so that everyone could see them and be reassured that this DigiByte at least, was off the market and was unable to be dumped onto it.

The mandate of the club could be as simple as this. All shares would be paid back to their respective owner, when DigiByte reached a fiat US dollar value of one dollar and remained above that value for 30 consecutive days or 30 days after all 1 million shares were allocated and total fund value was achieved, whichever came first! A $1 share at today’s prices could be worth $10,000 possibly when redeemed, hence ‘pie in the sky’ and if that wasn’t quite achieved, the club would have gone a long way to improving the value of DigiByte anyway.

Of course it would take time and cost money to set up a trust like this, so maybe the first hurdle would be to cost and fund that itself but this is the sort of thing that DigiByte Group was set up for, so that the community can do things like this. Maybe each share would come with a management fee, I don’t know because I have not taken this idea any further than it is presented here in front of you the DigiByte community for your consideration.
I’m not going to do anything more about it unless the support for it is overwhelming, so tell me what you think!

Please discuss and happy holidays everyone!

Wink

Sounds like a good idea! I am in! Cheesy

Sounds like a Plan but...

Maybe 10,000 members contributing a million DGB each is a much more realistic goal.

As you say, it takes the coins off the market.

And the wallet could be a multi-sig one amongst the trustees

Of course, you'd call it the Million Digibyte Club

Jumbley

legendary

Activity: 1218

Merit: 1003

Many of us will be stuffing ourselves over the holidays, so I thought I’d offer some food for thought for consumption by the general DigiByte community and I came up with pie! The DigiByte pie in the sky club to be precise!

We are approaching the New Year and DigiByte’s second birthday. There are over 5.5 billion Digibyte in circulation already and another 19 years of coin production to go before all 21 billion coins will have been minted.
Price or low price is often in discussion in this forum and as much as many of us believe it is not the most important aspect of DigiByte right now, it would be dishonest to say it is not of concern at all. So as a community what could we do to increase it?

Could we target price at one dollar per Digibyte and actively do something about achieving that?
I think this is possible, if we worked as a community, and this is my idea of how we might go about doing just that! A community acts together but it is extremely difficult to ensure that we do act together and not as individuals, people will always be tempted to move first because they know others will if they don’t.
Imagine we set up a club (the pie in the sky club) and we limited it to 1 million shares or members of this club. If we set the share value to 10,000 DGB, the total fund would have a potential target value of 10 billion DGB, nearly half of all the DigiByte that will ever be produced.

These funds would then be controlled by the trusted club trustees, contractually and legally bound to carry out their activities in accordance within the predetermined rules set out by the community members in a transparent manner so that everyone could see them and be reassured that this DigiByte at least, was off the market and was unable to be dumped onto it.

The mandate of the club could be as simple as this. All shares would be paid back to their respective owner, when DigiByte reached a fiat US dollar value of one dollar and remained above that value for 30 consecutive days or 30 days after all 1 million shares were allocated and total fund value was achieved, whichever came first! A $1 share at today’s prices could be worth $10,000 possibly when redeemed, hence ‘pie in the sky’ and if that wasn’t quite achieved, the club would have gone a long way to improving the value of DigiByte anyway.

Of course it would take time and cost money to set up a trust like this, so maybe the first hurdle would be to cost and fund that itself but this is the sort of thing that DigiByte Group was set up for, so that the community can do things like this. Maybe each share would come with a management fee, I don’t know because I have not taken this idea any further than it is presented here in front of you the DigiByte community for your consideration.
I’m not going to do anything more about it unless the support for it is overwhelming, so tell me what you think!

Please discuss and happy holidays everyone!

Wink

Sharkzz1

sr. member

Activity: 880

Merit: 251

Think differently

Quote from: Cryptojunkey on December 24, 2015, 01:39:19 PM

Quote from: ?? on ??

Quote from: pringles1901 on December 23, 2015, 06:05:35 PM

This is with out doubt the strangest situation I have ever seen, No matter were you buy DGB (Polo or Bittrex) when you buy someone will sell twice as much

I have been messing around with it for a couple of days just small buys & then near instantly someone/thing will sell double what i bought

Bots dont work like that it makes no sense at all whats going on, even at the dump rate whoever it is must be losing a fortune...there is something very odd going on & i have no idea what it is Huh

Over 2 btc of digibyte comes onto the market daily at these prices. This is why a price of 100 could not be maintained, in 10 years it will be a different situation for digibyte where a much higher price can be maintained for 2 btc coming onto the market daily.

The other issue is a very small amount is on the exchanges compared to the total marketcap. What will those users holding the other 5 billion coins willing to sells their coins @.

Digibyte also got lucky with having some investors with deep pockets.

Another reason why it would be best for a reduction in the total amount of coins. This would not only greatly improve the likely hood of new investors but would also give a higher price to digibyte and help the team. Also digibyte is needed to play its games but more people are going to shy away from the fact of buying any if the value is on a steady decline.

High inflationary coins dont seem to do that well and provide little volatility, which in turn hurts the project over all.

Digibyte, could you comment I would say its worth looking into for everyones good!

imo the reduction in coins only makes it a higher price shortterm, we are in here longterm not shortterm.

Cryptojunkey

sr. member

Activity: 250

Merit: 250

Quote from: ?? on ??

Quote from: pringles1901 on December 23, 2015, 06:05:35 PM

This is with out doubt the strangest situation I have ever seen, No matter were you buy DGB (Polo or Bittrex) when you buy someone will sell twice as much

I have been messing around with it for a couple of days just small buys & then near instantly someone/thing will sell double what i bought

Bots dont work like that it makes no sense at all whats going on, even at the dump rate whoever it is must be losing a fortune...there is something very odd going on & i have no idea what it is Huh

Over 2 btc of digibyte comes onto the market daily at these prices. This is why a price of 100 could not be maintained, in 10 years it will be a different situation for digibyte where a much higher price can be maintained for 2 btc coming onto the market daily.

The other issue is a very small amount is on the exchanges compared to the total marketcap. What will those users holding the other 5 billion coins willing to sells their coins @.

Digibyte also got lucky with having some investors with deep pockets.

Another reason why it would be best for a reduction in the total amount of coins. This would not only greatly improve the likely hood of new investors but would also give a higher price to digibyte and help the team. Also digibyte is needed to play its games but more people are going to shy away from the fact of buying any if the value is on a steady decline.

High inflationary coins dont seem to do that well and provide little volatility, which in turn hurts the project over all.

Digibyte, could you comment I would say its worth looking into for everyones good!

24hralttrade

hero member

Activity: 756

Merit: 500

Community Liaison,How can i help you?

Soon

yoyoamigo

hero member

Activity: 622

Merit: 504

Your only Amigo, in the World of Crypto

Quote from: 24hralttrade on December 04, 2015, 06:33:45 AM

Soon

I am waiting for my Christmas Gift! Grin

◈◈◈ Trading Tip ◈◈◈

Splitting a huge order into a few small ones can give you more control during an extremely volatile moment.
E.g. instead of selling 5 million DGB at 1000 SAT, split into 5 orders with 1 million each at 1000 SAT.
This way, it's easier to cancel a few of them to sell at a higher price.

Naster

sr. member

Activity: 699

Merit: 274

Crypto Currency Exchange, IPTV, AWS

Hey Dev. I've seen that you implemented the referral thingy on DigiByteGaming, which is great. But the referral link is broken or empty. When I send my friend an email with that feature that the site has, the link ends in referralid= its empty after that. Iguess there must be a number after the ID to identify to which player he has been referred. Plz fix

24hralttrade

hero member

Activity: 756

Merit: 500

Community Liaison,How can i help you?

Quote from: ?? on ??

Quote from: pringles1901 on December 23, 2015, 06:05:35 PM

This is with out doubt the strangest situation I have ever seen, No matter were you buy DGB (Polo or Bittrex) when you buy someone will sell twice as much

I have been messing around with it for a couple of days just small buys & then near instantly someone/thing will sell double what i bought

Bots dont work like that it makes no sense at all whats going on, even at the dump rate whoever it is must be losing a fortune...there is something very odd going on & i have no idea what it is Huh

Over 2 btc of digibyte comes onto the market daily at these prices. This is why a price of 100 could not be maintained, in 10 years it will be a different situation for digibyte where a much higher price can be maintained for 2 btc coming onto the market daily.

The other issue is a very small amount is on the exchanges compared to the total marketcap. What will those users holding the other 5 billion coins willing to sells their coins @.

~~Digibyte also got lucky with having some investors with deep pockets.~~

No, The investors are lucky they found Digibyte Wink

Kayahoga

full member

Activity: 146

Merit: 100

Id love to buy up a ton of DGB on poloniex....if only I could get my BTC out of Cryptsy =\

Topic: ★★DigiByte|极特币★★[DGB]✔ Core v6.16.5.1 - DigiShield, DigiSpeed, Segwit - page 606. (Read 3058888 times)