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Author Topic: DigiByte, what are your thoughts on this coin?  (Read 390 times)
Digicrypt (OP)
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December 10, 2017, 07:35:45 PM
 #1

Hey Guys,

Im hoping to get some serious responses, about your thoughts on one of my favourite coins : DigiByte (https://www.digibyte.co)
DigiByte has got some haters, and that is mainly because of the ATH buyers who bought a rumour that was spread wich was false about a contract with Minecraft. They lost alot of money, and therefor they still spread some FUD when they can.
I think their community is quite solid, and has some great people in there who really help DGB.
Im convinced Digibyte has one of the best tech, and is here to stay.

What are your thoughts?

DigiByte Technical Specifications
 
Launch Date: January 10th, 2014
Blockchain Type: Public, Decentralized, UTXO based, Multi-Algorithm
Ticker Symbol: DGB
Genesis Block Hash: "USA Today: 10/Jan/2014, Target: Data stolen from up to 110M customers"
Max Total Supply: 21 Bilion DigiBytes in 21 Years (2035)
Block Reward Reduction: 1% Monthly
5x Mining Algorithims: Sha256, Scrypt, Groestl, Skein & Qubit
Block Timing: 15 Second Blocks, (1.5 Minutes per algo)
Algo Block Share: 20% Block Share Per Algo (5)
Difficulty Retarget: Every 1 Block, 5 Separate Difficulties, 1 For Each Mining Algo
SegWit Support: Yes. First major altcoin to successfully activate Segwit. (April 2017)
4x Hardforks: DigiShield, MultiAlgo, MultiShield, DigiSpeed
3x Softforks: SegWit, CSV, NVersionBips
Current Supply: 8,107,031,908 DGB (2017)
Yearly Supply Inflation: 12% in 2017
Current Block Reward: 842 DGB

https://www.digibyte.co/sites/default/files/comparison_0.png

https://www.digibyte.co/sites/default/files/map_1.png

https://www.digibyte.co/sites/default/files/breakdown_0.png
rudolfaxl
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December 10, 2017, 07:50:07 PM
 #2

Currently I'm very disappointed about it. I have a very little amount in my long term portfolio since the middle of the summer 2017. Now it has -70% in btc...
sanbashiyi
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December 10, 2017, 07:52:10 PM
Last edit: May 15, 2018, 03:01:23 AM by sanbashiyi
 #3

DigiByte has a very good team and I feel it has good potential in the long term. I am personally holding Digibyte right now since I strongly feel that they can return me good profit in the near future. I would totally recommend you to buy this coin. There are no second thoughts in putting your money into it. I wouldn't recommend the same for other shitcoins, but DigiByte is still the way to go!
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December 10, 2017, 07:58:47 PM
 #4

Currently I'm very disappointed about it. I have a very little amount in my long term portfolio since the middle of the summer 2017. Now it has -70% in btc...

Err, if you bought some DGB during this summer, that's normal, this coin has been pumped a lot (maybe one of the most pumped during the small altcoin bubble this year). Holders from years must have been happy this summer Smiley

What's their current project ? It's been a while since the last time I checked this coin.

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Digicrypt (OP)
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December 10, 2017, 07:59:31 PM
 #5

Currently I'm very disappointed about it. I have a very little amount in my long term portfolio since the middle of the summer 2017. Now it has -70% in btc...


Do you follow them?
I personally dont really understand why coins like PEPEcash and Dogecoin perform better.
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December 10, 2017, 08:00:59 PM
 #6

Currently I'm very disappointed about it. I have a very little amount in my long term portfolio since the middle of the summer 2017. Now it has -70% in btc...

That is why i never suggested anyone to invest in altcoins, and specially in those that are the tiny ones, like zrx, golem, dgb, and so many others.

Ethereum has lost some value in BTC too, more than 80% since July, because it was more than 0.12, and now it is less than 0.027

It is true, if you kept holding those bitcoins instead of buying alts, you could have much more money than before right now.

.


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WhitePaper
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December 10, 2017, 08:02:54 PM
 #7

This coin is on my list of favorite coins and I am holding this coin in huge quantity and I am sure it will have a good future.. At this time because of bitcoin bull run, DGB is down but once bitcoin get stable DGB will get to it real value for sure...
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December 10, 2017, 08:03:44 PM
 #8

Currently I'm very disappointed about it. I have a very little amount in my long term portfolio since the middle of the summer 2017. Now it has -70% in btc...

That is why i never suggested anyone to invest in altcoins, and specially in those that are the tiny ones, like zrx, golem, dgb, and so many others.

Ethereum has lost some value in BTC too, more than 80% since July, because it was more than 0.12, and now it is less than 0.027

It is true, if you kept holding those bitcoins instead of buying alts, you could have much more money than before right now.


Indeed, this is valid for the last 6 months, but it isn't for the last 12 month period. In fact if you bought your altcoins 1 year ago, it would have been a better deal than just holding some BTC on the same period  Tongue

It's even valid for DGB which did a x75 in USD marketcap in one year until today (even more in may-june).

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Digicrypt (OP)
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December 10, 2017, 08:07:29 PM
 #9

I would want to advise you all by keeping track of the development, this coin is in potential way better than LTC, VTC and BTC. And they are all doing great lately. It is just a matter of time before it pops up on the radar of the big investors.
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December 10, 2017, 08:15:43 PM
 #10

I really hope we can see some kind of recovery in 2018. Might be a good time now to buy some at this price point. If it ever go back to all time high you would more then 20x your money.
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December 10, 2017, 08:21:45 PM
 #11

I will not say that this is the best coin, but it has a certain right to exist. If the volatility was higher, it would be possible to earn more on it.

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December 10, 2017, 08:42:34 PM
 #12

Currently I'm very disappointed about it. I have a very little amount in my long term portfolio since the middle of the summer 2017. Now it has -70% in btc...
The same thing happens to me. I manage to trade some bitcoin back on movement around 100-400 satoshi. But still, I don't think so it will reach new high soon.
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December 10, 2017, 09:42:04 PM
 #13

if you look at the technology. its way better than alot of coins wich have a bigger marketcap.
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December 11, 2017, 10:03:50 PM
 #14

I know almost nothing about digibyte but I have hear a lot about this coin - my sensation is positive.

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January 21, 2018, 12:39:16 PM
 #15

Currently I'm very disappointed about it. I have a very little amount in my long term portfolio since the middle of the summer 2017. Now it has -70% in btc...
Do you follow them?
I personally dont really understand why coins like PEPEcash and Dogecoin perform better.

they all have one big flaw and that is their huge supply which will kill the price in the long term hence the big drops when you hold it that long.

the difference that i see is that coins like Doge have accepted the fact that they are a Joke-coin and because of that people are using them as a joke! so they perform better. other coins that are a Joke but choose a serious front will get no attention.

Holding Bitcoin More Every Day
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January 21, 2018, 12:43:54 PM
 #16

So it's up to you to invest in DGB or not, but if you have a little sum that you can afford to lose, it would definitely be a good try, since there are only a handful of cryptocoins out there, which are backed by companies and or banks and or have any real usage implementation or value.
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January 21, 2018, 01:24:52 PM
 #17

I got rid of DGB and dumped all my coins a half a month ago. There is no any shifts in price. Moreover there are a lot of interesting ICOs and cryptos around.



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[15.00000000 BTC]


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May 12, 2018, 04:22:13 PM
 #18

Podcast: Interview with Hanni from BlockNet. Josiah from the DigiByte Foundation interviews Hanni from BlockNet to talk about interoperability, the future of Blockchains and how DigiByte fits into that vision
https://www.youtube.com/watch?v=NOVnIyxnzzU
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