if the price get down, you think mining difficulty will get down too ?
i notice myr price is more stable
I don't mine any more but in the past I noticed that the difficulty would shoot up whenever the price peaked and then would go down again once it started to fall so if the normal pattern repeats then it should get easier.
another question
after bitcoin halving, if the miners come to mine dgb on sha256 i guess or scrypt ? so sha256 difficulty would go up but what happen to the others algorithm , they all gonna a bit up or the other get down ?
It's quite likely that there will be more miners coming to DGB-SHA256, but currently it looks like the effect is a bit dampened by rising BTC prices making BTC mining more profitable and dropping alt prices, with DGB among them, might make them less so (might because for mining the USD/altcoin pair is still more important than BTC/altcoin). Since the ASICs used for BTC can do SHA256 only the halving shouldn't affect script much.
The algorithm used to calculate DGBs difficulties is set up to close in on 2 constants: 1 block every 15 seconds and each of the 5 hash algorithms providing 20% of the blocks. To meet these requirements the difficulties of the other algorithms have to stay the same. That statement would be too inaccurate for a scientific paper, the algos are somewhat interconnected, but close enough for everyday purposes.
if it has all this going on why has coin dropped over 50% i love the coin myself and think it has so much going for it.
I have this same question, really. I wonder why the recent drop has been so dramatic. Is it all attributable to the rise of BTC. Are there other factors at play?
I really appreciated everyone's thoughts on where the price might be headed short term. I would be interested in opinions as to why it is down so much right now and what might be on the horizon that might change that in the next several months. Are there reasons to be bullish for upward movement in the not too distant future?
There are 2 factors. The main reason for the drop was the fact that the big rise before was a pump. But the new base, or bottom prices, would have settled higher if the BTC price wouldn't put some pressure on altcoin prices. Since the second reason continued the price drop from the first the resulting drop is quite likely higher as it would have been if both of these things hit the DGB price on its own. A shame, unless you wanted to buy soon anyway.