I read this forum every day since the creation of digibyte, mined every day since the creation of digibyte, bought some digibyte. But most of all i believe in digibyte to be the nr. 1 altcoin.
I never respond on this forum, but I really think digibyte need to take some action. Every day so mutch coin's are generated that it has to much effect on the market right now, can you do something about this? A limit or something?
Everyone keeps mentioning the number of coins being mined. The number of coins isn't the problem. Look at DOGE...they have 65 times the number of coins and they have a higher per-coin value.
Here's the problem as I see it: Sorry, this may sound a little blunt - Digibyte can't be used for anything except a few fringe merchant websites that nobody needs or has ever heard of. There needs to be some sort of reason for people to accept/use Digibyte. Until that happens, the coin value will stay at these levels (or lower).
I've only been mining for about 10 months (DGB for about 5 months). It's a very interesting, annoying, exciting, (insert adjective here), and frustrating hobby.
I can just repeat myself: it's all about the trading volume. As long as it stays under the daily coin production equivalent the price (around 3BTC) will fall.