Current dump is just because the good old: "lack of news".
I'm not worried. I've cashed out plenty >100 and some in the 80's, but still holding a good chunk too.
You can't rush real life stuff. Why do you think Jared is flying over the whole world? For fun?
All I can say is: secure your profits so you have a good feeling about it and keep the rest. Even if DGB dumps to 10 again, i'm in profit with my current holdings. (not that i'm expecting it to go so low ever again).
And what exactly is DGB's claim to fame other than those $250K inexplicably given to Jared -I suppose- to get this thing off the ground?
Honest question, really. Because, to the outsider here -me- this looks EXACTLY like your run-of-the-mill copy/paste hackjob worth 0.2 BTC from a number of providers. But I am sure it is something more than that and I trust that you will convince me of such. Giving the monumental dump that has followed to the monumental pump, it is approaching levels that, if there's SOMETHING to this project, it could be quite tempting, so I got some fresh BTC I would be willin g to have a house for in any alt that is not what I described above.
Thanks in advance!
Five separate algorithms.
Also, if you do decide to only dabble in it, they've got an electrum-based wallet so you don't have to download the whole blockchain.
Thank you for your answer. Unfortunately that's far from satisfying my requirements of honesty and transparency. See, the more I read about this, the more I see it is indeed a souped-up clone of BTC, nothing else. AND, importantly, there's no transparency whatsoever... that I have found. There are a buncho of first names listed as part of "the team", next to some Jared Tate. And an office address in Hong-Kong. Santa Monica, California is supposed to also have a new "global office" but whatever that one is doesn't seem to have neither a phone nor a physical address... hummmm. Also, there's this investment of $250K made by what appears to be a consulting firm in Hong-Kong that we are left to believe -at least I am- that was paid for in billions of DGB, maybe a bunch of current and future billions of DGB... one has to wonder and guess because I have read quite a bit about it and, unless I am missing the meat of the story, it is nowhere to be found what this Hong-Kong consulting firm is getting in exchange for those $250k.
As it is, I am farther from being convinced I was before your answer -which, again, I thank you for-. I'd like to actually walk in the Santa Monica office and maybe meet Jared Tate or whoever those faceless first name guys and Tiffany are if they are there. But most of all, I'd like to know the obligations DGB has in exchange for that lofty $250K contribution. Lacking that, my BTC will be put to use somewhere else. TRhanks again for your quick answer anyway.
I think you should make your own decision, and it sounds like you did before you asked your question. Your posts have a pretty clear anti-Chinese bias. And, you can have personal bias. But, this isn't a hate-group, so if you can't get over a partnership with an international company, you should probably go somewhere else. Digital currency is inherently multinational. DGB received the investment ... they didn't make it. With the investment they created the companies Digipay and Digitrade and formed a strategic partnership with TofuGear.
As far as transparency goes ... okay. They don't list their last names or office location. Probably so crazy people don't walk into their offices demanding to see financial data about business partnerships. It's also super-creepy that you singled out specific people that you want to find out about. In reality, DGB is better than most alt-coins with transparency. Many of the alt-coins don't publish any information at all about their management teams, development goals, or finances. And, many of the developers don't use their real names in these forums or put them on their websites. And, are you serious about the phone number thing? What's the phone number for DOGE or LTE? Or, the phone number or physical address for Darkcoin?
Myself, and many others here have a lot of respect for the DGB management team and their regular participation in these discussions. I hope you come to realize that DGB is a great investment and has a fantastic future.
Oh I am serious as pancreatic cancer when it comes to matters of health. Or money. And you are right: There are almost as many anonymous projects as frauds and scams. Not quite, but almost (some of them are perpetrated by perfectly identified people like Dan Metcalf, or David Zimbeck or that Li guy who owns BTER). That's why I make it IMPERATIVE to know who will be responsible for my money. I am wired that way.
Oh and I don't have any negative bias about anyone based on race, sex or, much less, nationality. For me it is either crooks or honest people, just that. And honest people who aspire to MY business, must be, besides honest, transparent and accountable. Not by comparison, but in absolute terms. And, even in those cases, you have to deal with incompetency too... but that is another hill of different beans.
That is just me, though. You are perfectly free, in what respects to me, to do with your money and support whatever you may consider opportune.