1 Level
6 Review
4 Karma
Review on DigiByte by Poppy Stewart
The project looks really good right now. With some of the best technology out…
The project looks really good right now. With some of the best technology out there unrivaled in security, speed and scalability, an increase in marketing efforts should result in a price break-out. With almost no hype around the DigiByte, some analysts feel that when the hype comes, the coin might break the 1 USD barrier. Check out the project for yourself and don’t say we didn’t warn you of its existence if and when it explodes!
Pros
- Low Fees DigiByte’s multi-algo approach is also supposed to keep fees low. Block difficulty is re-adjusted every 15 seconds as opposed to between every block on the chain. As of a few months ago, the DigiByte fee was about 0.0001 DGB per transaction of 100,000 DGB sent.
Cons
- Symmetrical Triangle has formed on $DGB which is usually considered a continuation pattern. At minimum, we need 2 higher lows, and 2 lower highs which we have to confirm the pattern. Volume should decrease in this pattern as the “Calm before the storm” happens. We also have a bullish Kumo Twist on the Ichimoku and the MACD is close to crossing.
