Quote from: Zwiebo on October 03, 2017, 07:27:12 PM

Quote from: 7jaka7 on October 03, 2017, 07:19:35 PM

Quote from: Zwiebo on October 03, 2017, 05:30:40 PM

If this coin loose the same value like from july till now, miners will stop working on it.

I doubt that. I have mined digibyte few months. The difficullty and so required amount of electricity usually stabilize. So if you mine 100 DGB per day and price falls for 50%, after difficulty adjustment you would mine 200DGB which are worth same as before if you convert them in FIAT.

The only problem I see in price falling is security of the network. Because there is less hash power.

The diff is falling with price? I thought diff is falling when workers leave network. But i mean the network security after miners leaving a coin.

When do workers leave network? When DGB aren't worth invested electricity.

I spent about 1.1 per day for my miners to run. (Number from now on are fictional, I hope I didn't make any calculation mistakes)
1. day
Let's say the difficulty is 100 on day 1 and I mine 200 DGB. This means 1 DGB must be worth at least 0,0055 for me to be worth mining at that time.
2. day
Price of DGB drops to 0,0040. Difficulty is still 100. So I still mine 200 DGB and they are worth 0,8 atm. (---->miners leaving)
3. day
Because miners left, difficulty drops to 80. I mine now 275 DGB which are worth 1.1.
4. day
price of DGP goes to 0,050 again. Difficulty is still 80 and I mine 275 DGB which are worth 1.375. (<------miners coming)
5.day
...

I think there are many miners who are switching between mining different currencies and selling them immediately. So they mine the most profitable at the moment.

Quote from: UnknownX on October 03, 2017, 09:30:54 PM

Guys, why are you blaming dgb in price fall? Huh

Just check alts markets, all are in red! Maybe some coins less, some of them a bit more.
Of course if you bought at 1k sat it's hard to wait to the next rise of dgb, but if you are a trader you always can fix the loss and go to a new cycle to cover the losses.

Now I know how were things on this forum in 2014 and 2015. ...When smart people were buying.