Topic: ★★DigiByte|极特币★★[DGB]✔ Core v6.16.5.1 - DigiShield, DigiSpeed, Segwit - page 964. (Read 3058816 times)

Hi,

This coin is listed on http://www.altcoinprofitability.com/

 

Watching price, and holding my breath.

I'm not sure if it's not because it's like watching grass grow though. 


This sure would be a nice place to put in a floor . . .

Sometimes, you have to follow the habits of digital currency environment to exploit further and use it for DigiByte's future.

Thank you Jared! Keep up the great work.

I have planned a few of my works for DigiByte along with Bitcoin.
I hope to give some beta tests after the Summer. I cannot do full-time work on the projects atm.
But will have more time around Summer and will focus on them full-time.

I am no website designer, so I will need some help from your team for that part. Best,

If I were Jared, I would not do any announcement before the coming BTC auctions on the 5th of March.
So plausible logic forces me not to expect any announcement before that... (but who knows)

Bitcoin price is increasing and clearly being manipulated by Fed.
Bitcoin price will continue increasing up to $340 (my guess) by the 5-6th and maybe 7th of March, and will be followed by a huge dump
Expect a huge suffering in altcoins, especially those very quiet ones.

Therefore, while the bitcoin price is pumping, people are more interested in buying bitcoin or holding their bitcoin position than any other altcoins atm.
Even if DGB price moves now due to an announcement, it will be dumped back very quickly and it will be just wasted.... That also whispers me that no announcement will be made.

Marked !

Is this...what i think it is...?

"The Calm before The Storm..."

a good 'storm' i meant. like...taking the world by storm!

Hey there, I'm getting "redirection not supported," and the thing is that I've been mining for a few weeks now. What's wrong?

Yeah i have seen this before.  Do people really use it?
Thanks for bringing this up!
[/quote]

I havent yet personally, but its there, to be used.

Yeah i have seen this before.  Do people really use it?
Thanks for bringing this up!

Here's a potential use case " https://unbreakablecoinauctions.com/vote.php? "  Is a crypto-coin auction site, would be cool if we could use DGB there. No, its not loaded with goodies now.. but it has potential. The more eyes the merrier.


EDIT: I just spoke with Jim ( the auction site owner/operator)... DGB is accepted there already, no need to vote. There's a 'use case' for the record.

https://unbreakablecoinauctions.com/index.php?

Ooh Jared liked one of my posts, I'm touched.

Activists supporting plights, standing up for peoples rights.
Theatre goers’ bank rolling nights, see the stars shinning bright.
Adventurers gazing at the northern lights and other world famous, wondrous sights.
Even, Xbox games for troglodytes, now all paid for with digibytes!

not yet perhaps but soon!

ps love the Gandhi quote at that bottom of your post RJF.

Just keep doing what you're doing, we can wait...

+1 Agreed, the valuation system is currently flawed. Only a few control the prices of all cryptos and that is the real problem.

And we’ve also got to tack on fixed hardware investment costs to that rough 200 SAT figure. I estimate that a low ball figure for that would be another 25% or so – roughly another 50 SAT. Then, people want to get paid for their time, and, obviously, there is time that goes into mining, like initial setup and maintenance. Add another 50 SAT. Early stage venture capital investments usually look for at least a 7.5x return on their investment, so that would take our base price up to 2,250 SAT. What happens then is that the early stage venture capitalists sell to late stage venture capitalists who look for something around 3 times investment – 6,750 SAT. Once we have a mature and proven product that qualifies as investment grade, “normal” investors begin to participate, and they expect to see at least a 10% annual return for investing in still relatively young and risky products, and that would take us to 17,500 SAT, which would still be substantially below DigiBytes’ intended target of 1000:1 with BTC. With today’s BTC pricing by the way, that would almost be a nickel, while the 1000:1 target would be a quarter, or 0.25 USD, the perfect micro-payment value that DGB should have by the time it becomes a widely accepted monetary unit used for micro-payments (and I forgot to mention fiat inflation - one of the main reasons for investing in crytographic digital currencies - which, over a 10 year period of time could cause the value of both BTC and DGB to skyrocket, leaving all my conservative estimates behind in the dust).

What happens in real life though is that, just like there is a lag time in the early stages in price reflecting what early investors with foresight envision, there is an eventual inflexion point where psychology inverts and investors 'suddenly' move beyond simplistic analysis and wake up to the long term price potential, and that's when future potential is suddenly "discounted" positively and price, instead of lagging, begins to surge well in advance of projected expectations. The long and the short of this is that, while it may take many years for DGB to actually become the operative micro-payment vehicle is intends to be, it may be priced as such years in advance of actually achieving that goal.

We will hit 200 sat soon(weeks,months), This will double with speculation . It's up to the miners and dedicated investors not to sell for less than what they'd think the price would be one year from now. Even if they are day traders wanting to make small gains

So, just for fun, I thought I'd pull out the calculator and drum up a low end "ballpark" figure, and, using the most conservative long term averaged estimate I think possible (which is to say that the real cost will most probably be much higher), in order to mine (create/bring into existance/produce) all the projected 21 billion DGB, the total electricity cost in USD terms will be roughly 10 million dollars. That, translated into satoshi, would be approximately 206 SAT - the lowest of the low ball figures. And that's only the electricity cost!

Life is short!
DGB is for more!

I think reasonable expectations are critical for everything we do. If we expect too much, we are likely disappointed. It we expect too little, we are also likely to be disappointed when we are not adequately prepared. When we have reasonable expectations we are not only prepared for reality's opportunities and possible eventualities, we are often pleasantly surprised.

At this stage, I think it's unreasonable to expect that people be buying and selling products with DGB as though it were a viable medium of exchange - it just doesn't have the wide scale adoption that is necessary for that kind of activity yet, and it may be some time before it does. Is that really an issue however? Was there ever an alt-coin developer who came out suggesting their coin would be a real functioning money right from day one? Obviously not. There are definitely phases involved in an alt-coin's existence, like the creation phase and the permanent usage phase as I mentioned here (with decline and death being other phases that the non-survivors will also face). Just like it would be unreasonable to expect to be able to mine once mining has finished, it's equally unreasonable to expect DGB to function like 'money' at such an early stage as this. Likewise, it's way too early for investors to even begin thinking about selling their holdings - the creation/investment phase has only just begun!

You are 110% correct..................