The digibyte founder just posted this on bit coin talk forum... I just hail mary'd and dumped all my coins and went all into to DGB. No other coin founder has made a comment during this slaughter, it actually speaks highly of Jared's character and what he says makes sense. go go DGB.
"Unfortunately, we have zero ability to control the price, nor the millions of dollars required to pull off such a feat. DigiByte is open source and decentralized. We as developers have a very small amount of total DGB. All of which we acquired through mining or purchased on the market over the years. This drop has hurt us as well. All we can do is to continue to do what we have been doing the past three years and continue working. It takes time to bring new resources and people on board and to train them and get new things completed. Which is exactly what we have been doing the past few weeks. We are not going to release news without anything to back it up, simply for the sake of "pumping." We will not answer any price or speculation questions so please do not PM us asking about it. Also, anyone accusing us of being "scammers" will be promptly ignored & blocked. If you don't have the ability to do your own research you should not be in crypto. As stated many, many times we are not in this for a pump and dump. Unfortunately, there are groups out there who move from coin to coin pumping and dumping. The entire crypto industry and every major coin is in the red over the past couple weeks. Much of this is now due to the uncertainty of a coming Bitcoin fork. On August 1st, and through August if Bitcoin splits this could be a very turbulent time for all blockchains. This also highlights why DigiByte is in a much more stable long-term position than Bitcoin." 1/2
"DigiByte is currently the fastest, most secure, most decentralized UTXO blockchain in the world today. This is due to the past three years of consistent committed development. If you notice trading patterns for DigiByte differ significantly from other cryptos, a lot of this has to do with how widely distributed DGB is. Because there are no "central" bag holders like there are in many other cryptocurrencies our market cap is not artificially inflated. This also means we are susceptible to wild swings as mass trading psychology takes over. Often times you will see DigiBytes daily trading volume higher than its market cap. We have several exciting things coming up in the next couple months, including a fresh new look for DigiByte! So stay tuned and thank you all for your continued support!" 2/2
Austin Mitchell
Also DGB has quite the sense of humor, if you go to a non-existent page on their site it displays this message:
"404 Oops, you pulled an Ethereum & forked the chain... page not found. It looks like nothing was found at this location. Click the link below to return home. Return home"
Pajeeta made ne sell ages ago... mayve ill buy back in
Jace Allen
Jared looks like a good guy, too bad he's not very good at PR.
Noah Perez
Too many bagholders wanting to dump at the price they bought it at. it's gonna be a long climb back up
Luis Sullivan
Nice just bought 100k
Jaxson Smith
>We as developers have a very small amount of total DGB.
Not even they believe in it
Alexander Cruz
This. If volume boomed to just 50 million around the CitiGroup conference rather than 250 million, things would probably be fine. As is, going to take a while for these bags to be sold
Mason Gonzalez
That sharpie-in-butthole pic in the powerpoint certainly didn't help.
Brody Carter
I am what they call now "long term holder"
Elijah Clark
No you are what they call a long term bagholder
Liam Long
>including a fresh new look They're probably trying to distance themselves from DGB-chan, good call imo
Kevin Harris
DGB is a good coin, fundamentally. Unfortunately, it's instability makes it essentially useless.
If DGB doesn't win anything at the end of this month, it will literally floor itself to sub 100sat. Instantly. It will not recover, pending implementation into something huge.
Ill be damned, dgb dev seem pretty based and straight shooter.
Grayson Anderson
wew, this is actually a classy and respectful comment to make
Aiden Butler
wow, it looks like DGB could be a success after all
Josiah Allen
...
Benjamin Harris
Thank Q Senpai.
Jack Davis
>It takes time to bring new resources and people on board and to train them and get new things completed. Which is exactly what we have been doing the past few weeks. soon
Jeremiah Ross
So basically, the whole crypto market is going to be one giant water slide all the way until August 1st. That's fantastic, great to know.
Eli King
I dumped my 1 mil sia holdings @ 400, then bought the same amount of DGB @ 400.
I don't see sia going to 1000 in the next months, but I did see DGB find to at least to 2000, so I like to profit the most, even though I will miss my 1 mil sia. I won't get to attached to a coin, that's why I couldn't sell my DGB when it was at ATH. Boy, did I miss out on huge profit... Now I will do it
Adrian Morgan
Been said, but genuinely such a classy move.
Noah Davis
>This also highlights why DigiByte is in a much more stable long-term position than Bitcoin.
Cooper Hernandez
I hope this hits 200 sats. I will go balls deep if it does.
Jace Roberts
...
Ayden Gutierrez
Says a lot that Jared makes comments during downtrends. He has shed a lot of blood, sweat and tears working on DGB the past four years. Take the monetary aspect aside, if you spent years working on something, you'd want it to succeed to not for just money either. Jared is a good guy. Follow him into the light.
Landon Stewart
>Also, anyone accusing us of being "scammers" will be promptly ignored & blocked. If you don't have the ability to do your own research you should not be in crypto.
UNIRONICALLY BUY 100K
Nolan Nguyen
Don't think following him do any good. It's been going down for long long time. You think it would make difference?
Ryan Bell
All I have is hope. It's all a lot of us have friend. And if you had my bags, you'd understand.
Oliver Barnes
Got it user...bags are getting heavier day by day.
Ryder Wilson
just shorted 100k, serious
Blake Barnes
1 post by this id
Connor Rodriguez
Got in at 115 sats and sold half of my DGB at 1850 sats. The rest I am gonna hodl till 1 sat or 1 $.
Hodling is so much more relaxing for my soul
Luis Reyes
...
Liam Allen
>DigiByte is in a much more stable long-term position than Bitcoin
ahahahahaaaaaaaaaaaaaaah
Jaxson Long
>we don't care about price, we're in this for the project guise!... >We won't make pointless announcements just to prop up the price guise!... >proceeds to write massive wall of text commenting and fakexplaining the price dump >Blames manipulation and btc fud even though this shitcoin, like many, was obviously overpriced >Makes objectively false exaggerations of dgb's qualities >Threats blocking anyone that criticizes
Hahaha, that's just terrible. Would dump bags if I had them
You guys know they signed a NDA with Citigroup right ... ? For a quick buck al of you retards, you failed. Now you can choose, either sell at a loss and do it again on another coin or hold your bags and wait.. maybe you can even shut down your computer and crawl out of your basement and look at the sun
Josiah Jones
More fake news. Copy/paste the link. Don't be lazy.
William Brooks
That would actually make sense. An NDA would force them not to reveal anything.
Gavin Myers
>sayeth the basement dweller Are you going to tell me they have a deal to be the official minecraft currency as well?
Landon Edwards
>owner writes a message This is it guys, i'm going all in.
Josiah Harris
Yah. It does seem to remain with some name recognition somehow, but normies know about Bitcoin. When/if a flood of normie money comes it'll come for btc first. Its already started.
Aiden Mitchell
bump
Ian Allen
shut bitch i will own tha place
just HODL guys this is pure fud
Thomas Bailey
Why are people who are not Digibros so fucking butthurt all the time?
If you were not retarded you could get in now
Landon Morales
-Its not an ICO, so the rich couldn't buy in first. -It's not some hungry skelly russian. -It had very small premine (.5%), which was handed out like candy. -It can still be mined using 5 different algorithms
Of course they're butthurt, DGB represents an actual threat of becoming a huge success.
Joshua Butler
I feel like a fucking carpetbagger buying in after the massive downturn but fuck it.
Carson Jones
You're not a carpetbagger, those who you bought from sold on their own free will.
