This coin seems to be doing all the right things - why does the price keep dropping?
Is it simply the massive inflation rate? If so, are the devs planning to slow that down to give the price a chance to rise?
Cheers!
Vlad,
We have been having internal discussions about this. Simply put we doubled the production of coins at block 145k.
DigiByte was on track to produce all of its coins over a 30 + years. Now it will happen in about 15 years. We are potentially thinking of a hard fork next spring that will cut new coin production in half.
What is the communities take on this?
Though it's not an answer to your question, it's definitely not unrelated.
Digibyte is a crypto that has found itself changing and innovating and rapid speeds, but maybe that isn't a good thing. I don't think People want their money changing every half a year.
If we're going to make massive changes to DigiByte then we better make sure that the next time is the best time.
I have my heart (And my wallet, what little of it there is) set on DGB. But we should really find a nice and stable place to be.
Also, as far as I can tell, a hard fork would just mean that anyone on clients made before the fork happens couldn't interact with the new blockchain, right?
I've been on the forums for a while but I was never really sure if I had figured out what a fork really was...