Reading recent posts regarding DGB's current value and what we speculate might be its real value, I got to thinking that, sometime in the future, maybe a year, maybe 5, certainly within 10, sooner or later, DigiByte will stop being an investment and become a medium of exchange. That means that the creation phase will end and the permanent usage phase will begin. Obviously, achieving this means an appropriately valued price as well. Continuing with the same logic, it's the original investors, which made the product possible, who take the lion’s share of the capital gain profits as price reaches for its long term potential.
The viable, and implemented, profitable product that is actively and widely used for the purpose it was designed for, rewards those who made it possible. And rightly so. What’s more, production costs are paid for first, before ever even considering profits. Have you ever done the calculations on what the production cost would be for a complete cryptographic digital currency blockchain that conforms to the strictest of guidelines and parameters that make it of the best quality possible in every aspect from security to trust? That's not cheap! It’s not necessary to actually do the math to intuitively understand that, since the “producers” are, in this case, the “miners”, all those kilowatthours will be paid for - and imagine what the total of electric bills must look like. Those are production costs that will be paid for! Then fixed costs will be recovered as well, and if you add all those numbers up, you’ll probably come up with a figure that reasonably represents an absolute base value below which DGB should never go (and which is still many times above where price is now).
Then we come to the early investors (some of which are also miners . . . maybe even started out as miners . . . maybe even only ever did mining) who take home the lion’s share. As they should. Their risk is handsomely rewarded. Again, rightly so.
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The problem with current atl-coin pricing is that it is based on very simplistic analysis which is applied across the board without almost any consideration of any other criteria: a simple Your_Favorite_Coin-BTC ratio, nothing else, and for everything, every alt-coin, across the board. Coins like DGB won’t be appropriately valued until the valuation analysis becomes a bit more sophisticated.
So, just for fun, I thought I'd pull out the calculator and drum up a low end "ballpark" figure, and, using the most conservative long term averaged estimate I think possible (which is to say that the real cost will most probably be much higher), in order to mine (create/bring into existance/produce) all the projected 21 billion DGB, the total electricity cost in USD terms will be roughly 10 million dollars. That, translated into satoshi, would be approximately 206 SAT - the lowest of the low ball figures. And that's only the electricity cost!