yet somehow even with good news for DGB and adoption the price manages to tank. I wonder why that happens, was the price actually too high in the last few months or what is the explanation. Can anyone enlight me ?
manipulate trader, fudder, troller, bitcoin drama
That’s the summary but……
The thing is; If you have recently discovered DigiByte and I believe there are many people that have relatively recently done this, the price appears to be going in completely the wrong direction now.
It is you yourselves, most welcomingly I may add, pushed our price to its recent peak where now, we have fallen so very far, since!
Nevertheless, DGB still isn’t nearly as cheap as it was before you all joined us so a BIG Welcome to you all!
If however you have been holding DGB for many years, things don’t look so bleak; in fact I’d say they don’t look bad at all.
Above 100 Sat is a relatively new thing for DGB but taking into account recent growth of our network since then, this looks completely justifiable and I expect it to hold but…. all of a sudden BTC could go crazy up and many people will be fooled into exchanging their DGB for that again, then.
Adoption will drive everything upwards and adoption is coming in spades.
Remember DigiByte has demonstrated its ability for forward thinking and usability so practically world dominating platforms are just waiting to be built on top of it now.
The community will help drive continued adoption by using and supporting this development. There are so many good things that now, CAN be done but the creation of wealth cannot and will not be the ultimate driving force.
I think you have picked a good project to support here, respect both DGB and BTC by refusing to sell your DGB for less than you paid for it. For best results, try to do this by buying it when it is cheap or cheaper, so around here does not look like a bad time to be buying to me but I promise you nothing.
Remember many of the people driving the market price, once they have sold their DGB near the latest ATH, they like nothing better than to buy it all back again for a song and so the merry dance goes on.
People treating this stuff like shares on a market; drive the price up fast and down slow following trends. We are not comparing apples with apples here. Until this technology is catastrophically unhinged, the long term price of DGB will follow adoption and should be heading only one way at this time and that’s up.
I feel for the people that bought in high, been there done it myself, but now the choice is theirs. Even selling and buying back cheaper is playing into market games that will continue to undermine our market but this is your money so you may do as you please with it.
Offsetting you aggregate price is much better for upward dynamics!
There are just a few very heavy DGB wallets around that could suppress growth but they have bought the right to do this and nobody could do it forever and I can’t imagine that this is truly anyone’s real ambition because their risk is greatest.
Roll on DigiByte!
