Quote from: bobthenager on December 31, 2015, 04:02:41 PM

Quote from: pringles1901 on December 31, 2015, 10:14:19 AM

Quote from: Bluestreet on December 31, 2015, 06:57:48 AM

Happy New Years to digibyte community. 2016 will be another good year.

To you too
Sadly 2016 isnt going to be such a good start for DGB looking at the charts on Poloniex & Bittrex its not a very good sign for new comers to enter into DGB its just sell sell sell....said it once will say it again there is far to many DGB coming onto the market each day for DGB to sustain a stable price...since the introduction of gaming & being paid with DGB its just constantly gone down....if nobody can see that you must all be blind

Look at other Alts even though the price of BTC has risen they have managed to sustain a small price reduction yet DGB has slide further & further down the price chart

I hope things do improve but 2016 doesnt look like its going to be as good as you all think it will be

You are just plain wrong and I feel bad for your lack of patience as you're going to miss out. The charts on DGB look like a dream. We are starting to curl up with heavy support relative to asks. The reason DGB fell back so much is because it was pumped so hard. This is as good as it gets regarding a buy zone/opportunity. 30's are literally free DGB we won't be here long. Go look back through here I posted a chart showing that was dead on with price beginning to rise. Happy New Year guys/gals this is going to be the best year for crypto in a long time.

Just look at Poloniex's charts for DGB:
8th Oct 2015 - 13.8 million DGB bought that sent the price from 38 to 222 SAT.
31st dec 2015 - 13.5 million DGB bought that sent the price from 30 to 34 SAT.

Moral of the story - Pump & Dump destroys the price of any and every altcoin...even Bitcoin. the higher the pump, the more space/room created for more coins to be sold within those newly conquered price ranges. More checkpoints for resistance = huge sell walls at those checkpoints. which in turn harms the coin's price growth, making it difficult for it to reach a higher price.

The only few ways to solve this is for Digibyte to go even bigger, attracting more bigger investors (pump like growth) or tons of small investors (gradual price growth) to get us out from this recent pump-and-dump hole AND IN ADDITION create a market ecosystem, a usage flow for DGB to be bought and sold, to be used. without the market ecosystem or usage flow, the next pump and dump will hit DGB's price even bigger and harder. if memory serves me well, this recent pump to 998 SAT is DigiByte's 2nd pump and dump. 1st was around Jan/Feb 2015, which got pumped to 120+ SAT.

So what is the wise thing to do now? Prepare for the next one. DON'T FREAKING MISS THE NEXT ONE. learn your lesson well, just as i did for the 1st DigiByte's price pump and dump. we dunno if history is going to repeat. all we can do is be prepared or help DigiByte in whatever ways you can. For the developers of every altcoin, it is very difficult to take control of the price in the early stages. Because lots of development is needed in order to do that. partnerships, building technology/products, collaborations, etc. not every altcoin is like Ethereum that can start off big and support its price well.

Be patient and study the coin's situation.

◈◈◈ Trading Tip ◈◈◈

No Tip today. Because its HAPPY NEW YEAR! Cheers!