Re: ★★DigiByte|极特币★★[DGB]✔ DigiSync v6.14.2 - DigiSpeed

Digibyte is on the bottom now, if you see at the price chart, price is on the same level where it was before the spring pump. Digibyte will start new race from this level

maybe hard to say if btc keep going so fast up
but for now look like it won't go below 100sat

and if there are to much new ASICs and they dump all the dgb's than maybe it could go below 100

if i remember someone post here 1 miner with new ASICs was doing 20000+ dgb a day! if more are coming
it just gonna kill the price

don't know if difficulty will adjust correctly and or gpu miners leave

i hope the team is working on the algo switch and won't forget to add hdd burst mining to it

is there somewhere when we can see the chart of the 5 algos ?

Yes, the devs are working on algo switch, it is also announced on roadamap.

Source please? Wink

I did read something similar on Reddit (with a 2 month time frame). But if miners dumping this coin is really true, that's bad news. Isn't there a difficulty adjustment to prevent this from happening?

The difficulty is of course adjusting. The new Baikals don't generate more coins than before, but since those new miners outpace anyone else the mined coins go into a lot fewer hands and generate a higher profit. The question is if more of those Baikal mined coins are just sold as compared to those mined before. It's not so that GPU mining rigs come and run for free, a lot of those miners have to dump as well to pay the bills and don't mine because they are particularly interested in the coin. Then the high profit allows to hold mined coins for a possibly better price, but how the profit side develops depends how many Baikals will hit the market in the nearer future. On the whole I say the sale pressure will grow with those miners but it's far from any kind of Doomsday for DGB. In the end what actual psychological effect those news will have on the other market participants will be the major driving force on the price.