I'm glad it stabilized a bit now, about 0,00024. Which is still too less for this coin in my opinion, but I don't really bother. As this ables me to buy them quite cheap. Allmost exchanging all my BTC for DGC as soon as I receive any.
There are less than .85 BTC buy orders all the way down to 17500, so the actual price of DGC is now 'stabilizing' around 17500 satoshis, sadly.
On a different note, it's okay. DGC needs to grow first and 'deliver' services, real community support and create actual demand. Otherwise, it's just another speculation vehicle being pushed around by the mercy of day traders and whales, just like LTC.
What I don't understand is what makes WDC so successful in comparison to DGC. I always thought DGC was technologically superior?
Maybe its marketing? But who knows Digitalcoin will have its time soon, I havent researched WorldCoin much but maybe it had pre-mine or insta-mine? DGC Prides itself on being fair and thats sadly what might keep the price down.
Well, I don't know about WDC yet but MEC was effectively premined. It is even more successful right now.
MEC: About 6 million out of the total of 42 million coins were mined in the first week, with just about 600kh/s. According to this article
http://cryptolife.net/in-depth-altcoin-analysis-megacoin/ Extremely fortunate for everyone who was lucky to find out about it this past summer, or the dev who knew about it, while according to the article, MEC was started without a source code and was badly promoted, resulting in no interest in the coin whatsoever at the beginning. This allowed the dev (or small group of people) to mine the coin without competition for a week. My best guess is MEC hashrate will drop like a stone now anyway if price doesn't stay high enough to find more suckers. 21 out of 42 million mined in first 5 months already sounds fishy to me.
Will look into WDC soon, or if anyone else wants to compare it to DGC, be my guest. :-)
