Why People Are Buying Digibyte (DGB)
The "Crypto" market is growing but which candidates will likely consume market share? And Why? The answer is in the technology. Currently we are seeing a massive growth in new ICO's or Coins entering the market. That is because it is so easy to enter. Speculating the probability that most will not evolve but you must assume that some of these you see now may very well run the race like you never imagined. Also keep in mind that regulation will soon step in and slow down the growth of new coins entering the market which will result in the coins that made it through early enough becoming the foundation to revolutionize the industry. The Crypto industry will mimic and recreate every aspect of life. Including but not limited to; Banking, Stocks, Bonds, Mutual Funds, IPO's, ICO's, Gaming, Virtual Reality (Different from gaming), Internet, Cloud Technology, Real Estate, Automotive, Government, Communication, Shopping, and even many aspects of business. Transactions conducted with this technology will allow for industries who were once banned due to policies to now enter the market and free mankind from banking limitations. Banks have regulated business and stunted growth for anything that is competition to them. Many are frustrated and ready to fund change.
True stability will come from a coin that has buyers who hold. The less volatile a coin is the less likely high frequency traders will skim funds and relocate them. Ultimately a coin needs a strong foundation to survive. The 6 Major Components to survival will be Market Cap, Volume, Fraud Prevention, Trade Compatibility, Speed Per Transaction,
(SPT), and Cost Per Transaction (CPT). The achievement of success relies on all of these functions. If all functions are in line then by nature Market Cap shall increase. As Market Cap increases the coin leaders must continue to use funds for strong Research and Development. Without R&D a coin could become obsolete rather quickly. Therefore providing more of an incentive to diversify your portfolio. Innovating the Wallet System, Deposit, Withdrawal, and even issuing Credit will all be deciding factors for survival. Competition is key. For these reasons listed an early prediction of a possible candidate for rapid growth and enormous profits would be DigiByte. DigiByte runs off 5 Algorithms that work simultaneously among each other. Therefore; Fraud is difficult, Trade Compatibility is feasible, Speed Per Transaction is likely to outperform other coins, Speed Per Transaction lowers Network Cost Per Transaction, all of which should increase Market Cap. At the Current price of .016 Cents per share and a 150 Million Dollar Market Cap it is highly likely this could be our next billion dollar market coin. Intelligent and weathered Investors will draw in to Crypto and have an instinct to diversify. Investors diversify to out perform the market. Remember , Bet responsibly , buy low and sell high.
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STOP
DGB holder myself. Interesting facts.
Thank You! Much appreciated.
Nice blog. I was about to start a similair discussion. Sell the coins that you know nothing about. Do proper research on any coin you buy. If the market falls at least you can hold your coins knowing they have a long term future. I found this great website: https://www.coincheckup.com This site is really helpful in my coin research. I don't know any other sites with so much indepth analysis. Check for example: https://www.coincheckup.com/coins/DigiByte#analysis For a complete DigiByte Detailed analysis.
Interesting thoughts