And therefore, reduced the supply and the problem is solved. People buy only ~500k DGBs per day. If enough people know DGB, the supply can be raised again.
Do not set yourselves under pressure by the large supply.
The life cycle is not a straight line or curve, you must regulate the market. On the other side are people and not machines. people needs a leader or rules. the coin-"evolution" this is not static process or algorithm. The largest part of the crypto-currencies is chaos, adjustments and rules are not bad!
I haven't been too keen on cutting the supply, but if there's no will to support a reasonably stable price that incentives participation any other way, this would be it.
Cut the reward by 90%, immediately.
Hell, with over 4 billion already in circulation, there's not going to be any shortage any time soon considering current usage. And when the need arises, that is to say when we're operating at VISA speed and with a justifiable load, we can increase it again.
A reward change is one of the easiest things to do as well, and the "bang for the buck" in terms of price support just might be the best of all possibilities as well.
. . . that is if there is any will at all to really support this coin long term.
CUT IT BY 90%!!
And do it yesterday.There's just one small problem with that though: miners would disappear and the network would go dry. Devs are f@(ked. Damned if you do, damned if you don't.
Guess they'll just have to roll up their sleeves like everyone else and start selling this bitch (and defending it too, like its their own - or do you just let anyone come into your home to trash it?).