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WTB DGB
1 million DGB = 0.04 btc
1 million DGB = 0.04 btc
Some of these offers are outrageous.
Think about the market cap and mining profitability of this coin guys.
For 0.04 BTC per 1M you could buy every DGB in existence right now for 8 BTC.
When I checked last night 1Mh/s would net around 14000 per day.
This means miners would be getting 0.0007 BTC per day at the current difficulty.
Why not just mine LTC where you can get around 0.01 BTC per day with 1Mh/s.
Not saying they should be right now, but for these coins to be as profitable as LTC mining the price per 1M DGB would need to be around 0.71 BTC.
At this rate it is still a fairly small market cap of 142 BTC.
As more people see this coin and when it hits an exchange the difficulty will only increase meaning a lot less coins per day for miners. This will mean the price needs to increase even more to keep miners interested and prevent them from switching to another coin.
If DGB is massively undervalued when it hits an exchange it is going to drive miners away since they can profit more elsewhere.
Please keep in mind what you guys are selling and buying for.
