Block reward halved or what? Used to be 2157 DGB / block, now 1078 DGB / block. v4.0.0.0
Let's do the math.... 21 Billion DGB in 21 years with 30 second blocks. 15 second blocks means double the amount of coins coming in to circulation unless there is not a %50 reduction. (Release notes)
V4.0 chain is fine. It appears there are a handful of services who did not upgrade. Let's give everyone a few hours to figure it out. All is well, cheers everyone.
How about considering a 50% reduction? This would lead to alot more investors and greater value to those who have already invested. Also it would allow the value to be higher on your end rather then going down hill, could you please consider this?
The 21 billion DGB supply is a choice made by the development team. I stand behind their decisions 100%; I firmly support the supply target.
What you're suggesting is similar to a share repurchase in a publicly traded company. Yes. A share repurchase works correctly when the company uses capital to increase value for shareholders. Put another way, a share repurchase is a good idea if the company determines that spending capital by purchasing shares is a better use of the money than spending capital to increase fundamental value (i.e. by developing new services or expanding into new markets). I'm happy to acknowledge that DGB would not have to spend existing cash-on-hand to decrease supply. They could just make the decision to arbitrarily decrease supply (that sounds a lot like market manipulation). I would suggest that the best use of DGB development is to expand and develop into new markets and services, not to boost the short term price for existing stakeholders.
In every instance, a share repurchase reduces the current supply of shares - and thus increases the value of existing shares. Having DigiBytes is not like having shares in a company. You're just talking about a supply and demand thing. But, the economic analogy works regardless.
You refer to reducing supply to get more investors. The problem with your logic is that using a share repurchase to boost EPS (earnings per share) is a bad idea. It reduces long-term value to temporarily increase short-term value. Short-term traders are not investors. All the reduction accomplishes is a short term increase in value that benefits the day traders who sell on the news.
Let's be really clear about who IS an investor and who is NOT an investor. Investors in DGB are people who spend their time, money, energy, or ideas, to benefit DGB. People who trade DGB for short-term profit are not investors in DGB. I know many DGB investors who are also active traders and I'm happy to say that the two are not mutually exclusive. However, investors are the people who are spreading the word on social media, mining DGB, running nodes to contribute to the network, using DGB for tipping on social media, shopping in the DGB market, earning DGB rewards with DigiByte Gaming, contributing to development, creating opportunities, and use, and adoption. Those people are the investors. People who buy a few million DGB to hold and then exchange for a profit are not investing in DGB. They are just trading DGB.
More important, increasing short-term value per DGB does not - in any way - increase fundamental value of DGB services, use, or adoption. In fact, it might have the opposite effect in the long term. Again, put another way, decreasing supply could hurt the people who actually invest in DGB to the benefit of people who are short-term traders. And, increasing short-term value per DGB does not increase total market value of DGB. Current traders readjust their price target to reflect the reduced supply but the overall value remains the same (or potentially decreases in the long term). Reducing supply creates the impression that DGB does not have any other way to innovate or develop the fundamental value of use and services. Neither of those circumstances are true for DGB. DGB has a long-term development plan to increase and develop services, products, and use, therefore we have no reason to consider reducing supply for short-term gains at the expense of our long-term goals.
DGB use, adoption, and services are growing and developing everyday. Just in the past couple of weeks more than 1000 new people have registered for DGB Gaming. We're bringing in new people (as in new to digital currencies). We're extending the services of DigiByteTip; DigiByte Gaming, and the new DGB Market will open up a whole new sector for distributed e-commerce. These are just the current active projects. There are a couple of "in-progress" development projects that will extend the services of DGB even further.
I know that many traders look for opportunity to boost their revenues. I don't have any objection to that pursuit. People trade to make money. I hope all of you traders make money. But, doing so at the cost of value is never a good idea. I hope all of you traders consider joining the DGB community and investing in the use, adoption, and services. We have a great community. We have a strong, professional development team with a long-term vision and the dedication to see it through.
Seriously I would love for DigiByte to drop much further and pick em up. Bitcoin is rising so I guess that's got something to do with it 
