DGB is simply not adopted enough nor does it have the community following of a meme like doge to fight on sells. What it does have is dedicated devs and community but that alone isn't enough to raise the price.
And there's zero interest in putting together an Investor's Pack either!What more . . .
. . . bear with me here, I'll be done in a jiff.
Let's add the very curious phenomenon we've seen here in the last few days/weeks to the fact that there's no interest in "selling" DGB to investors.
Let's start that off with a chart.
Does that look like just about the best picture perfect, textbook example, of what is Pump and Dump?
On a chart, the answer is clearly yes.In spite of all the constant rhetoric about how DGB is not just another P&D shit coin, the reality of the matter from the viewpoint of the market is that, in fact, DGB is just another P&D shit coin. There's no arguing that. It is what it is. The price chart does not lie.
Of course, the Devs can argue that the market is misinterpreting things, and, of course, that argument would be worth something if the Devs were around on a regular basis informing and keeping everyone abreast, or just engaging at very least.
Traders call it the "quiet period" when a Pump and Dump coin falls into a lower volume sideways pattern. They've named it such because the Devs deliberately stay "quiet" so that price will fall even further. This is an essential part of P&D.
You never see new ideas or initiatives during the quiet period - everything positive is quenched, that is unless it is a "positive" that's seen as being trivial by serious investors, of course, since that positive then becomes a double negative.
Any of this sound familiar?
Please don't take this personally, I'm only citing facts, facts that can seriously alter people's perception, and with perception being as important as it is, it's no wonder that everything possible is done to make perception as negative as possible during the "quiet period".
And then we've got this very interesting phenomenon here at DGB central to add to the template: the recent arrivals of people like barabbas, and, finally, the sudden and urgent need to fix a supposedly super critical vulnerability that has been with us for 7 months now, and that for some odd reason has now become paramount, and (not resembling barabbas in any manner other than their recent arrivals) that has been made present by recent arrivals with their newly found strong convictions (which could very well be sincere, but remember, I'm talking about very strict facts and how they can, and do, shape perceptions). Oh, and I almost forgot, the Dev comes out and says, again after 7 months, YES, this is a problem we need to address . . . but has not the time for the mention of long term positives (I've been soliciting a response on the Investor's Pack for a while now with no luck, hum). Can things get any more negative (other than outside observers finally pointing this out)?
Of course, this could all be coincidence . . .
Does anyone believe in coincidence?
o0o0, you made some good points that I'm sure many share, but it might be even graver than you think. I'm not one to say definitively what something is or isn't, nor do I talk about people's motivations or speculate as to whether something is intentional or not, nor do I judge others. On the other hand, I don't have any problems talking about how facts may be perceived, and what the benefits or damage may be, and in this case, the facts of the matter, circumstantial or not, have done great harm to DGB in my opinion, and it will take a lot of doing to bring me back to the thinking that DGB is not just another P&D and keep me from selling into the next pump.
And I, for one, should know better.