Whats happening with DigiByte coin..?

[mailsforcyr]

Whats happening with DigiByte coin.Why it is going down like  anything..Can any expert Pls suggest me..

[hypertonyc]

Look now at the price! Everything is allright 

[methereum]

Cause it turned into a shitcoin and was hyped with the Citibank thing. When they lose (probably) the contest in September it will be Game Over, insert cryptocoin.

[alyssa85]

It got pumped like crazy when they enabled segwit, and then people took profits.

This stuff always happens with alts - pump on some seemingly important news, and dump when people realize no-one is using the coin.

[Vongola]

Whats happening with DigiByte coin.Why it is going down like  anything..Can any expert Pls suggest me..

It is pump,  isn't it? People selling their bitcoin and buying a lot of digibyte and it make price increased a lot (56% currently) now. Who knows maybe this time DGB will be rise to 2600 sat again

[Fundamentals Of]

Whats happening with DigiByte coin.Why it is going down like  anything..Can any expert Pls suggest me..

Do not worry that much for DGB. This is not going to be a short term investment coin. This is meant to be a bit long term. So just sit back and hold your DGB. They are almost in 400 sat right now. That is already almost 50% increase right? Just wait for DGB's time to fly.

[renes]

Because people bought it when it was very high, now people lose its hope and sell their digibyte to patient whales.

[soothaa]

It is just a normal market cycle, things go up then things go down. DGB had quite a nice run on some news and speculation and then it slid down back to where it was before. Now it has bottomed out and the market is seeing it as a potential opportunity and people are starting to accumulate it again. Now it will rise and fall again with another normal market cycle. It looks to be breaking out of the down trend so it may be a good choice soon.