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5 Review
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Review on DigiByte by Adaline Lorentzen
DGB Price Movement Analysis One quick look at the DGB Price Chart already…
DGB Price Movement Analysis
One quick look at the DGB Price Chart already tells that the coin has made significant gains in last days. While the week started rather calmly, still struggling with the cryptomarket trying to figure out which direction it wants to go, the last days have made many investors and coin holders happy.
On August 24th, DGB was starting the journey from the lows of $0.0247, it then smoothly went up and hit $0.026 day later. The price then corrected a bit and even fell quite rapidly on August 26th, even below $0.0246. This drop has been used as a good opportunity for a bounce and DigiByte has used this momentum to increase its value with each day. First, it recovered to $0.0246, then moved up to $0.0272. On August 28th, DGB made the biggest and fastest price jump, as it went from$0.0267 to $0.0295 within few hours only. There, it seemed to have found a stable ground, as the coin didn't fluctuate too much during next two days.
Pros
- Bitcoin SuperStore wants to make the cryptocurrencies more available and usable. They explain that: "Our team is dedicated to helping spread the usage of cryptocurrency as a true currency. Spend and replace is our motto!" Just recently, they have announced an official support for DGB cryptocurrency: "We are pleased to announce the addition of DigiByte to our platform. Our customers can now checkout at nearly any online retailer worldwide with DigiByte!" One of the community user has noticed that when the store added Nano coins, the market value has increased by almost 90%, however there could also be other factors contributing to that price change. Yet, any attempt of making the cryptocurrency widely available for the mainstream users can undoubtedly positively affect any project, especially as people will be able to spend their DGB for ordinary purchases, increasing the utility of the coin. As what is a use for a currency if one can't simply spend it? That has been always the concern with Bitcoin leading to many experts believing that the big price crash could be connected with the fact that more people wanted to use BTC for speculations and investments, rather than to spend it like any other currency.
Cons
- The fact that DigiByte will be the payment choice among top coins such as Bitcoin, Ethereum or Litecoin and XRP is a great honour and huge opportunity. It also shows that the coin and its features are being noticed by various companies wanting to include it as well. Bitcoin SuperStore users can use it to buy good in more than 200,000 online shops. They also support most popular egift cards such as the ones from Walmart, Amazon, Nike or even Starbucks. Beginners Guide to DigiByte – Complete Review Home » Reviews » Beginners Guide to DigiByte – Complete Review Steve Walters Steve Walters September 3, 2018 DigiByte is a secure, decentralized blockchain solution that will provide users with fast, scalable transactions. It is focused on security since its inception, and is one of a handful of truly forward-thinking blockchains. DigiByte Review: What makes DigiByte Different? The DigiByte Blockchain is perfectly positioned towards building a secure and decentralized digital future with its unique combination of problem solving experience, pioneering new innovations and resilience through more than 4 full-time years of development. The DigiByte blockchain and coin were launched on January 10, 2014 by Jared Tate, a programmer and entrepreneur who was interested in developing a faster and more secure version of Bitcoin. The primary goal of the project was to reach a larger decentralized community than Bitcoin.
