Post
Topic
Board Announcements (Altcoins)
Re: [ANN] ArabianChain - DubaiCoin (DBIX) - Smart Contracts from Dubai to the World
by
iamnewhere
on 04/08/2017, 06:14:22 UTC
I dont understand why on 67000 blocks why not now. We have been stuck in the 63000 since the announcement. At this rate it will take months to get there. The devs seem to be incompetent that it is taking them months to fix such an important issue. Why dont you understand that no one is willing to mine the coin until the issue is fixed and sort the issue now. Other alts are going up while dbix keeps going down every day

As i understood the exchange, pools, wallets needs to be updated first before they can make that change live - the update on pools seems to work but with wallet there was some issue so it's good that the enforcement on blockchain is delayed.
In the announcement of the update they wrote about ~ 2-3 weeks but maybe they have to adapt the limit down from block 67000 e.g. to 65000 as it would take definitely longer than 2-3 weeks as per current hash rates to go to block 67000.

What would change for you if the price would be 10% or 20% higher now? you like to sell on that low price? and if the price would hike today to $ 20 i wouldn't care and wouldn't sell, i wait for the real value in some months as this is for me a coin with a real world project / value behind - if it'll success in that area nobody can guarantee you but if it will, you have a rate which is "slightly" above the $ 20.

Many alt coins go back up now by sometimes 10% or more but then look on their charts for 30 or 60 days and you see mostly this is just a small first step on recovery of the price - for short term investment and profit i also go in that other coins, if you get the right one you make 15-20% profit a day.