Post
Topic
Board Announcements (Altcoins)
Re: ★★DigiByte|极特币★★[DGB]✔ $250k Investment, EasyMiner, iOS Wallet, MultiSig, TipBot
by
Bluestreet
on 29/06/2015, 12:48:36 UTC
is there any chance for DGB  switch to POS in the future?
A chance? Offcourse there is always a chance but Digibyte will stay multi-algo for now.

well..that explain such a good coin with so depressing price....as long as it's still a POW and more than 6 millions coin can be mine per day,i don`t see any reason ppl should worry about no coins to buy in the next 20 years...i no mean offence here and i do like DGB but whats worry me is the miners dumping for the next 20 years..i will still invest in DGB but not in mass..right now i spend 10% of my profit from other POS coins to buy DGB...cheers!
 
Untill people see the real value of Digibyte and hold them for long term? That could happen within 1 month -2 years ,, nobody knows what will happen. You buy digibyte from the profit of other pos coins? Thats exactly the same as mining coin X to buy coin Y.  Give some other reasons why pos is better?

The alt coin market is 90% trading and 10% usage and that is how it always starts off. So due to 90% of alt coins being used for trading low supply coins which aren't even that good will have a higher marketcap because it's easier to manipulate. Traders know they can't manipulate the dgb price easily because of the supply, however if cryptos become the norm coins like digibyte will be better for people to work with as more coins will mean better distribution. Until then the prices might go back into the 30s like I mentioned before.

So for now highly volatile low supply coins which are used for gambling benefit traders for a short stint in time.

The only high supply coins with good value are Ripple and NXT which were 100% premine basically, doge rewards are halving again so we will see the effect on the price next month.