Post
Topic
Board Announcements (Altcoins)
Re: ★★ DigiByte ★★ [DGB] Custom MP Code ✈ DigiShield v2.0 Mandatory Update ✔
by
iikun
on 28/02/2014, 18:32:00 UTC
I sold 500,000 DGB during the pump yesterday and am buying back today and will make around 210,000 DGB, not bad for a few mins work  Smiley Sell high, buy low and all that.

You earned that at the cost of the Demand's price confidence. If you hadnt sold that amount.. and probably would have held on to it... There's a chance that the exchange (buyying and selling) would keep on going. Thereby giving you 500K dgb close to your total DGB now (in value).

I would prefer a healthier supply/demand without that sort of speculation Smiley

Then again, its always about luck here and there. Ah well,..

This is true.
It's a tough call because I'm sure we all mine & would like to realize a bit of cash to pay for electricity etc, but selling large amounts is indeed detrimental to a big rise back to the 300 or so we saw last month. There was obviously a concerted effort to do so last night at least twice, but because it was quickly pushed back down below 100 confidence fell right away & now we're back where we started.

I said it before, but I really mean it that there is no difference between multi pools dumping & us holders dumping. The coin will never rise as long as people only view Digibyte as a money making-tool rather than as money (as grynca said just above)