redpill me on Digibyte

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Read this
https://steemit.com/dgb/@ghostycc/digibyte-troll

>>2464010
DGB memefags made everyone believe they were working with minecraft while there was just one third party server that uses DGB as a currency.

Got waaayy overhyped, just like the citibank stuff (and crashed the price after)

DGB is a solid coin though, will have a great future.
I bought in a lot during the dip.

>started as a PnD
>first round left a lot of casualties
>said losers shill it into round 2 by being optimistic about the "fundamentals" (minecraft)
>round 2 creates even more casualties but they were sold on the idea that there's big news right around the corner so hold
>the shill the big news nonstop and fresh blood joins in
>round 3 begins
>more casualties and more people starting to think hey maybe there is something to the digibyte stuff
>shilling intensifies and noobs are pouring in because of ETH and BTC soaring
>this new round of people honestly believe they bought something worthwhile
>dumps again
>now a group of people who think they bought the "next ETH" are concerned. why did it dump?
>what's that? a science fair?
>citi contest shills fucking hard
>meme contests
>multi site shilling
>DGB is literally the next ETH to these people now
>big pump before the contest
>DGB loses and the presentation looks childish
>massive dump
>DGB flounders

>>2464109
The minecraft server got memes too hard. The devs even said that it was a third party but anons took it out of proportion.

I see a bright future ahead for dgb. It's easily a $1 coin. Give it about a year.

>be newcoiner
>stressed out over dgb
>still in profit, got some advice
>sold enough dgb to get back my initial investment
>no longer stressed and remaining dgb can be held for eternity

I'm doing this with EVERY coin now! Must be a psychological thing, it feels like free DGB im sitting on now.

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>>2464139
>I joined at round 3
I'm gonna hodl these bags of shit and just pretend I went to the casino and hit max-bet a few times on the "I LOVE LUCY" machine

>>2464213
That's a good strat.
I plan on cashing out 1/3 after i get 3x value.
100% profit

The main issue with DigiByte is the very large premine and instamine they dont tell you about. Let me explain a little about how DGB came to be "the fastest coin"

Originally DGB was a premined LTC clone with 1m blocktime and no other features. In Aug 2014, they forked their coin, basically copy and pasting Myriadcoin's code. They accidentally copied Myriad's targetblocktime variable which was 30s at the time. Seeing as that's literally all you have to do to make your coin 'faster', the speed of DGB was doubled! And the inflation too, for 2 months.

2 months later DGB finally released a new fork wallet, apologizing for the "accidental instamine", and the new fork cut the rewards by 300%. Then DGB announced that they were receiving a "250,000USD investment" (in 2014, for altcoins, that was huge news). Then they changed all their websites, infographics, etc. to say DGB was "the first multi-algo coin."

So now you're wondering... you can just change the 'speed' and 'scalability' by changing a single variable. So why hasn't Bitcoin done that?! Well, the answer is that nobody can agree on what is a *safe* level of scaling. I would agree that Bitcoin is currently *too conservative* and this is due to a bunch of politicking bullshit. But on the other hand, for DGB to advertise themselves as the fastest coin, is so laughable. One. Line. Code. Change. That they claimed was a result of "partnering research with microsoft".

If you look at DGB's orphan rates, you will see that accepting DGBs with less than 40 confirmations is pretty damn risky. Another thing is DGB will have no full nodes in 2 years lol.

>>2464139
take the red pills this anon gives you

>>2464279
also these

The infant market that is crypto will be more and more punishing to currencies that fail to deliver on the promise.

Being a digital asset, even the privately developed projects are much more transparent, than your average publicly traded company.

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>>2464139
As you can see, this guy knows nothing about the technical aspects of the coin, and is trying to actually imply a fucking 2000% increase in 2 months is a bad thing.

btw, he totally discounts the pump from 50 sats to a 100 before it became popular on biz.
>>2464279
this guy is just mad his myriad coin didnt hit the same level of success as dgb, and demands reparations for DGB supposedly copying some of myriad's code. (even though if you ask him for the code dgb copied, he will only refer you to the github and to look for yourself)

>>2464394
>this guy is just mad his myriad coin didnt hit the same level of success as dgb, and demands reparations for DGB supposedly copying some of myriad's code. (even though if you ask him for the code dgb copied, he will only refer you to the github and to look for yourself)
I'm not even the same guy, I'm just reposting
If you want to shill buy a fucking ad, no ones buying your DGB bags

>>2464440
>digibags even though ive been holding since 100 sats

Why do you guys always fling this shit at me?

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>>2464010

>BTC and ETH both recovering
>DGB below 1200 AGAIN

It's so fucking sick of this coin.

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>>2464394
obvious indian

we can tell by the way you speak, Raj.

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>>2464010
Seriously how do you need any more information than pic related?

Its only a matter of time before DGB surpasses eth.

/biz/
mining like a looni for days now on a shitty system.

My toaster gets me 1coin/h

Help a bro out.

DDhrzKCaRrVMFTpAencpvYFkmk94vhGAbR

>>2464146
>>2464109
I see the same for Sia/Foldingcoin

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Once all these bagholders who bought high to sell low get out we will be back on track for green seas. Shilling this led to the collapse, just HODL, forget about it for a year or 2 and accumulate.

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Alert

DGB is being attacked by a bunch of butt hurt autists that are mad at an 18 year old dgb shiller https://warosu.org/biz/thread/S2439423