Re: ★★ DigiByte ★ 极特币★★ [DGB] ✈ ✔ $250,000 Private Investment Received
The crazy thing is the insiders own like 90% of Ripple and yet the price has continued to move up. Think about this for a second. Ripple creates more shares out of thin air and assigns them to their "banking partners" for virtually nothing. Now the outside public believes real life credibility and use is occurring and they start investing. The "banking partners" are now looking at a goldmine in their hands. Ingenious if you ask me. Bad for the folks investing. Ultimately, I think DGB needs to use some of the marketing techniques and relationship to its advantage.
I would not touch Ripple with a ten foot pole. No control and the insiders can dump anytime they choose and the rest are left holding the bag. Why take a chance?
YC
I don't like what I'm seeing out there. First we get a paycoin scam from GAWMiners where they pre-mined 12 million of the 12.5 total projected and are now selling to whoever is dumb enough to buy (at $14 the last I checked).
https://bitcointalk.org/index.php?topic=895061.0
https://bitcointalk.org/index.php?topic=900970.0
Now there's even a Ripple market on Cryptsy! Another massively pre-mined "payment system" described by one poster as being "fuel that powers a network, a seemingly useless, centralized, closed source, network that no one actually uses..." in the Wall Observer BTC/USD - Bitcoin price movement tracking & discussion thread:
https://bitcointalk.org/index.php?action=profile;u=135684;sa=showPosts
http://en.wikipedia.org/wiki/Ripple_%28payment_protocol%29
https://bitcointalk.org/index.php?topic=146964.0
Not only do we owe it to ourselves, but we also owe it to everybody else: we must educate the world about what is open source, and what is secure, and what is decentralized, and what is a real life, functioning network. This means debunking the scams, and that means possibly ruffling some feathers, but we have a duty to our fellow humans, don't we? Do we care that unsuspecting victims are being taken. Do we care that our product provides the real thing and is being overlooked? Maybe, maybe not, but one thing's for sure, those behind the business - if only for the business' sake, if only to do the marketing expected of someone who wants to establish their business, if only to become profitable - need to promote the benefits of their product as soon, and as early on, as possible, else they end up failing and saying to themselves "if only we had tried harder to create demand and set ourselves apart when we still had the chance".
I would not touch Ripple with a ten foot pole. No control and the insiders can dump anytime they choose and the rest are left holding the bag. Why take a chance?
YC
I don't like what I'm seeing out there. First we get a paycoin scam from GAWMiners where they pre-mined 12 million of the 12.5 total projected and are now selling to whoever is dumb enough to buy (at $14 the last I checked).
https://bitcointalk.org/index.php?topic=895061.0
https://bitcointalk.org/index.php?topic=900970.0
Now there's even a Ripple market on Cryptsy! Another massively pre-mined "payment system" described by one poster as being "fuel that powers a network, a seemingly useless, centralized, closed source, network that no one actually uses..." in the Wall Observer BTC/USD - Bitcoin price movement tracking & discussion thread:
https://bitcointalk.org/index.php?action=profile;u=135684;sa=showPosts
http://en.wikipedia.org/wiki/Ripple_%28payment_protocol%29
https://bitcointalk.org/index.php?topic=146964.0
Not only do we owe it to ourselves, but we also owe it to everybody else: we must educate the world about what is open source, and what is secure, and what is decentralized, and what is a real life, functioning network. This means debunking the scams, and that means possibly ruffling some feathers, but we have a duty to our fellow humans, don't we? Do we care that unsuspecting victims are being taken. Do we care that our product provides the real thing and is being overlooked? Maybe, maybe not, but one thing's for sure, those behind the business - if only for the business' sake, if only to do the marketing expected of someone who wants to establish their business, if only to become profitable - need to promote the benefits of their product as soon, and as early on, as possible, else they end up failing and saying to themselves "if only we had tried harder to create demand and set ourselves apart when we still had the chance".
DigiByte needs to get aggressive, and fast!
For me its marketcap... Why would I buy a coin at 740million cap when there is coins worth 100k that are just as close
