The marketing of this coin is really good but there are some flaws, how do you promise faster transactions forever.
More importantly, the developers note they have 0,25% (52,5 million coins) effective pre-mined and state DigiByte should be around 1-10$ so they will have around 52,5 - 525 million dollars worth of coins and what happens when they decide to sell? Well your precious coin crashes.
Not trying to hate here, just critique.
Why would we sell everything and kill off a great coin? Also, keep in mind within 1 years time there will be 4 billion DigiBytes out there. 52 million is a small portion of that. Our development account is for future development of the coin over a long period of time. Plus, the account is publicly listed to people so they can see if any of it moves.More importantly, the developers note they have 0,25% (52,5 million coins) effective pre-mined and state DigiByte should be around 1-10$ so they will have around 52,5 - 525 million dollars worth of coins and what happens when they decide to sell? Well your precious coin crashes.
Not trying to hate here, just critique.
You kind of counter-argue yourself, if 52 million will be a small portion of 4 billion DigiBytes your coin can never have a 1-10$ price and therefore will be priced with a lot of zeros making it an impracticable currency for small goods such as coffee, you stated that yourself in the OP.
Yes, but I think it will take time for Digi to become a globally used cryptocoin so IMO we should be looking at a 2-3 year span for that kind of scenario to play out by which time there will be many more Digis around.
Btw, nice Android Wallet! Unfortunately I have an iphone...
