Quote from: KeyJockey on December 24, 2018, 02:15:45 PM

DigiByte premine? First Ive ever heard of that. Proof?

I also like it just cuz its so OLD... its blockchain genesis way back early before all the shit got crazy with ICOs and etc - so many nonsense garbage projects in this whole crypto space.

Their iOS wallet on iPhone is pretty slick too, just basic function as its intended to just be a currency. Just money. Simple. But the wallet design is very clean and has always worked great.

Now if only people could actually, yknow, SPEND their DGB in more places then maybe itd get up off the floor around a penny or less and actually trade in dollars like so many other much WORSE projects have easily already achieved...?

Thats why I like it probably really. Feels like maybe the last chance to get a real currency coin with potential to recreate bitcoins earliest days... Roger Ver type lottery win, where you can get many thousands of coins for very little and wake up one day a few years later sitting on a mountain of buying power.

And if/when that happens the bulk of it will have to be flipped into Monero to protect it (from all manner of thieves, tax men, scams and cons etc etc) Grin

I remember DGB launch, it was nothing special, just another clone. I give them credit for sticking with it and adding improvements but where did it become an opaque chain?

And when did it's supply go from 21 Million to 21 BILLION! Which makes the premine 10,500,000 which at .016 is equal to 168,000 BTC which is worth $831,600,000 on a coin with a market cap of 138,985,730 USD.

Do you see where this may be a problem?
https://coinmarketcap.com/currencies/digibyte/historical-data/

Code:

Market Cap
138,985,730 USD
32,830 BTC
Volume (24h)
1,248,977 USD
295.02 BTC
Circulating Supply
11,220,468,953 DGB
Max Supply
21,000,000,000 DGB

I can't see in any way shape or form this coin is

Quote

Just it's really underpriced by "gut feel" I suppose. I dunno. It's in my top 3 or top 5, I suppose.

.

It actually looks like its soo overpriced as soon as people do the math I just pointed out it should either tank or its all held tight by bag holders and has no distribution and they are just looking to dump on n00bs.

Quote from: jwinterm on December 24, 2018, 10:11:57 AM

Quote from: KeyJockey on December 24, 2018, 07:09:18 AM

Quote from: tokeweed on December 22, 2018, 01:12:46 PM

Can the regs from this thread suggest which other alt besides XMR is (are) worth looking into? And by that I mean a coin with good code/tech/devs that I can buy and forget in cold storage.

Thanks.

Y'know LOL I don't really know WHY but I srsly like DigiByte...

There's kinda too much of it, i.e. 10X supply vs BTC/BCH I guess but it's freakin' FAST and this idea of 5 different algos seems cool.

Just it's really underpriced by "gut feel" I suppose. I dunno. It's in my top 3 or top 5, I suppose.

The other 4 of top 5 are XMR / BCH / BTC / and... ummm... shit... I dunno... I forget... Doge maybe? LOL

DGB stole the five algo thing from myriadcoin and added a premine . It's not a workable scheme in the long run imo. Yes, it's better to have five algos that your not the king of than one, but it's still probably less good than simply being king of one algo. Myriad is probably more secure than DGB at this point since they've added auxpow to Sha and scrypt, but still less secure than bitcoin or litecoin.

To be fair they didn't steal anything and actually have added digisheild which IIRC is a good piece of code for quick diff adjustments or some such thing and they forked the myriad coin algo in to get away from script IIRC when asics hit??? Not sure never followed it just have known about it since it started and never saw a need.

BTW congrats.