Quote from: HR on November 19, 2014, 09:25:15 PM

Quote from: suchPotato on November 19, 2014, 12:37:55 AM

Quote from: haggis on November 19, 2014, 12:21:18 AM

A sad day: 10 Satoshi new all time low Embarrassed

But I appreciate the interview - it raises hope for a brighter future for DGB.

well THAT looked like an isolated dump (20M dgb dropped alltoghether) still the downward pressure does not seem to have faded and the buy support was annihilated XD guess it'll take a while for dgb to recover Tongue

36 million if you go by Cryptsy's data. Time stamped Nov. 18, 22:17 UTC.

Major panic sell. Could mark the bottom.

BTW, it was not an all time low - the all time low was 6.

@ DigiByte, looks pretty sound to me, but why a cap at 21 billion? Other than to perfectly match BTC (which ain't a bad reason in and of itself)? Why not let the block reward continue to scale back on the same schedule indefinitely? With DGB at $1.30, it would still be profitable to mine with a block reward of only 10 DGB which is in practice zero inflation (the network continues to run at a 30 second pace for another 25 years or so after 2035, with only another 1.658 billion added during that entire 25 years), and by the time that is up, who knows, but what with historical fiat inflation being any indication, we might be able to project $100 DGB by 2060, and, well, everyone can do the math, but a block reward of 1 would still be profitable at that price and the real inflation of DGB would be ~0 while the network would continue to purr. Again, why put a hard cap into the code at this stage?

HR,

Thanks for the feedback. You bring up a very valid discussion that we should all discuss more. Our initial feeling is we have advertised the cap will be 21 billion, but 21 years from now life will be much different for all of us, so chances are between things might change between now and then in a variety of ways. But having a hard number 21 billion in 21 years (2035) is a solid foundation to build upon.