Lol. @The Irishman, what do you think caused the incredible dip/decrease in price of Digibyte? Is it just the overall relation to Bitcoin and the vitality there or is there another reason for it?As with everything regarding oscillations on free markets, it would be naive of me to try to pinpoint a cause (or causes) in cases like this, especially for the absurdly fast price increase. All we can do is a pragmatic analysis of what happened: the coin's price increased from under 50 to over 2000 satoshi too fast, something which would inevitably end up leading to a massive price correction and profit taking. Anyone who has followed bitcoin from the beginning saw that happen lots of times.
What people fail to notice is that, even with DGB at 500 satoshi (or even lower), that still means huge profits for everyone who was mining or holding the coin more than 3 months ago when the price went as low as 19 satoshi. Hell, if you had bought the coin at 19 satoshi, when it reached 190 you'd already have made a profit of 10x! The only people whining are the greedy ones who never supported DGB and only showed up here AFTER the price started rising so fast, hoping to make a quick buck. Real supporters and savvy, level-headed investors won't be bothered by bubbles or heavy oscillations happening within a couple weeks span.
a lot of newcomer got into this at 2100satoshi, i really dont like the way we made profit is someone had to be eat each other
That's just part of the game. Any profit you took in the past means you also ate someone's funds and maybe now they are down. I sold 75% of my holdings between 2250 and 2350 to those who are now, if still holding them to make a buck, are crying their eyes out. I mined DGB and also bought DGB when it was 34 sats. DGB has make me a little on the wealthy side, but still I complain because there is no regular solid facts coming on a regular basis from the dev team. I don't care if they market DGB. but I do care about what's going on with DGB. Currently, I can't mine because it doesn't work. I can't use the iOS wallet because it doesn't work and last time I checked, I can't take MY DGB out of the game site because it doesn't work. I have supported DGB from late 2014. Personally, I think it's time for DGB to shit or get off the pot.
ah you are not update, market has explanation, mining is fine many of us didnt have problem just you and the question is why?, if you are supporter since 2014 i think you know about apple delete digibyte wallet since year ago, so my question is are you really supported since 2014? or just liar?
account register June 09, 2017 but talk since 2014, oh i see clone account right?
Can any of you stupid ignorant fucks give me a single fucking reason why DGB keeps underperforming then???
Complete bunch of idiots that think they know something related to economics LOL teach yourselves something and listen to my words.
I don't know if any of you even know how a market works or how a price is set? The market price simply based on the last traded price... which is ofcourse based ont the amount of sell and buy orders... which is codefined by the amount selled by miners so it's not stupid to say this AT ALL...
You're all just stupid ignorant fucks that think they know something about economics and actually know nothing about anything.
Too much sell orders, not enough buy orders, sellers decrease sell price, price drops, this happens continuously with DGB.
But it seems to have no effect at all trying to teach the idiots of this world something they clearly don't understand.
I think I know another reason why people don't want to get into DGB anymore, why they are glad to leave and why nobody believes in it for the long term.
It's because of those stupid fucktards in the community
I like the fact posted in big letters
If you had of made it Red it would have been perfect......
Sorry what was your post about again???
