DGB trajectory to $10 by May of 2019

I'm not the author. The source is posted below. Something to consider about digibyte.

There are a lot of haters and naysayers of DGB on various forums and Twitter. Many of these people are disgruntled because they bought into DGB at an all time high and sold at or near the bottom. In response to their loss, they smear the reputation of DGB with false information. It seems rather foolish to take them seriously.

We don't buy at peaks and sell at the bottom. Rather, we accumulate a strong position at the bottom and take profits along the way when there is significant upward movement. We reenter the market on dips for long term positions for gains in the future.

Multitudes of people are complaining about the current price of DGB . Don't pay attention to those who only consider the satoshi value of DGB . They don't understand triangulation.

The current price of DGB in USD is 69 times greater than in March of this year. And, we are at the bottom according to market sentiment.

Furthermore, we will be at $1 per DGB by Nov of 2018 if and only if we stay in the orange triangle. We've touched each side of the ascending triangle twice thus far. Additionally, we will be at $10 in May of 2019 if we respect the right leg of triangle. Of course, prediction fails should we break below right leg of triangle. Our ultimate target lies in the blue box which ranges from $1 - $10.

Don't be like the masses who ignore the fundamentals of this digital asset.

We have already solved the scaling issues that plagues BTC -4.52% since our block size doubles every two years. We are currently processing 560 transactions per second. By 2035, we'll be able to process 280,000 TPS.

With DGB , transactions are confirmed and spendable in about 6 minutes or less. People who claim speed does not matter have swallowed a pill called delusion. Think about it. You can send DGB to anyone in the world for about one cent and that money is spendable in 6 minutes. The value proposition lies within its technology.

DGB pioneered digishield which is utilized in 25 different altcoins. The difficulty to mine adjusts in real time to prevent a malicious attack. Mining is super decentralized since the DGB blockchain is on 100,000+ nodes. DGB uses five algorithms which provides security for the network. DGB is planning on swapping an algorithm in the near future to prevent ASIC -90.00% centralization.

DGB is in the process of being added to Ledger so that users have a hardware wallet to store their digibytes.

The DGB team provides constant updates on Twitter and Telegram channels so that investors can stay informed. Further, Jared Tate, the founder of DGB , is in the process of establishing a DGB foundation which will allow for significant growth.

A solid foundation has been established with respect to the technology of DGB . Now, real world applications can be built upon the DGB blockchain. Developers are needed in this area!

We are great for processing micro transactions since our supply will be 21 billion by 2035. But, the use cases go far beyond payment processing. The focus of DGB is on cyber security which is the focal point for blockchain applications.

DGB is making an effort to get onto Coinbase. This has serious implications for price growth since people would be able to buy DGB directly with USD.

The conclusion of the whole matter is this:

i) Don't be swayed by people who lack vision and fail to see the value propositions of this technically superior asset.

ii) If you want a long term investment with relatively low risk and high reward then accumulate a strong position now since we are at the bottom.

iii -0.61% ) Make an informed decision based on facts and not on fear, uncertainty, and doubt spread by those who have buyer's remorse.

Your comments are greatly appreciated whether positive or negative. You need not construe this analysis as investment advice. These are my own opinions but I hope you will consider the arguments contained herein. I could be 100% wrong but that doesn't seem likely.

Source: https://www.tradingview.com/chart/DGBUSD/DkEABLYz-DGB-trajectory-to-10-by-May-of-2019/
Author: crypto_gunther

Dec 3
Comment: The USD value clearly diverges from satoshi value as can be seen here:

https://coinmarketcap.com/currencies/digibyte/

Switch from linear scale to log scale to see it more clearly.

The divergence is growing. In fact, the divergence has never been greater in the entire history of DGB!!

Let's consider what happened in the past during periods of divergence. We see significant upward movement from Jan - Feb of 2015. The USD value increased 5x. Furthermore, the USD value increased 8x from Sep - Oct of 2015.

Therefore, we should see an increase greater than 8 times since the divergence is the greatest.

Simply put, this is another indicator that now is a perfect time to buy.

Finally, I've noticed weak hands selling out to make a 10 satoshi gain on their investment. Why not let Digibyte grow? Why settle for small returns?

Now is the time for buying not selling. Don't make that mistake.

16 Reasons to Buy DGB Today and Hold as a Long-Term Investment

We live in a unique time like none other. Digital assets are disrupting the financial sector. The invention of blockchain is just as important as the invention of the internet. There are hundreds of digital assets to choose from in today's market. Some are great investments but most will fail. Let's make the case for Digibyte as a solid investment. This list is not in order of importance and isn't exhaustive. Please forgive the redundancy since I've mentioned some of these arguments in previous posts. Consider the following arguments.

1. We are at a relative bottom on USD and BTC -1.89% charts. Under no circumstances should we purchase an alt coin at its peak. Always buy at the bottom!

2. Clear signs of a reversal are evident on the USD chart. Our current USD value has more than doubled in the last 30 days.

3. We will be at $10 by May of 2019 if and only if we respect the right leg of the triangle. The graph featured is a weekly log chart of Digibyte in USD. The first wave took us to the all time high. The second wave completed its retracement when it touched the right leg of the triangle. The third wave should take us to the left leg of the triangle where it will touch for the 4th time. The 4th touch will take us to at least $0.16.

4. Great divergence exists between the USD and BTC -1.89% charts on https://coinmarketcap.com/currencies/digibyte/. This can be clearly seen when you select log scale. Expect massive gains in value when such divergence exists! Consider what happened to the price from Jan - Feb and Sep - Oct of 2015.

5. We have recently been listed on Yahoo -0.33% Finance (https://finance.yahoo.com/quote/DGB-USD?p=DGB-USD). Notice that Digibyte is paired with 10 different currencies. I personally think that this is huge since it will attract the attention of mainstream investors.

6. We have recently been added to Ledger Nano S and Blue. This allows users to store their Digibytes on a hardware wallet. This is a significant and meaningful accomplishment which sets us apart from other digital assets (https://ledger.zendesk.com/hc/en-us/articles/115003917093-How-to-install-and-use-Digibyte-with-Ledger).

7. We didn't spring up overnight. We have been around for over 4 years. Our technology has been tried, tested, and proven.

8. We forked from the BTC -1.89% protocol. So the base code isn't original to us. However, we have not sat idly by over the last 4 years. Rather, our developers have proactively enhanced the original code by solving some of the most important problems that plague Bitcoin -1.89% and other digital assets.

9. We anticipated the astronomical cost for a Bitcoin -1.89% micro transaction. Our fee for a single transaction is slightly more than one cent!

10. We are the fastest digital asset on the market! If you don't believe that then put us to the test and try for yourself. We'll be able to process 280,000 transactions per second by 2035 since our block size doubles every two years. Therefore, you won't be plagued by unconfirmed transactions like with Bitcoin -1.89% . You will have your Digibytes in a few minutes and they will be spendable.

11. We are the longest blockchain in existence at over 5 million blocks with 15 second block times.

12. We are the most decentralized mineable blockchain in the market since we are on over a 100,000 nodes. Therefore, we are more distributed than Bitcoin -1.89% or other digital assets.

13. We pioneered Digishield which is used to protect more than 25 alt coins from a malicious attack.

14. We were the second digital asset to activate Segwit which will allow for atomic swaps. And, we did so without a contentious hard fork with full support of our 65,000 community members.

15. Our community is growing rapidly. We have over 65k followers on Twitter.

16. We use 5 mining algorithms to prevent centralization and protect against a 51% attack. Currently, the community is discussing a hard fork which will swap out an algorithm for another to prevent ASIC -90.00% mining centralization.
    Dec 7
    Comment: @Chilling_Silence, I appreciate your comment. Thanks for the correction too regarding the cost of a transaction fee!
    Dec 7
    Comment: Hive account@damdamm, Thank you for your nice comment!
    Dec 7
    Comment: Please read the breakdown of a DGB transaction fee by Chilling_Silence. What is most remarkable about his comment is that the fee for a single transaction will be far less than one cent even when DGB is at $10. Mind blown!!

DGB is perfect for micro transactions since it is lightning fast and the transaction fee is essentially negligible.

Imagine buying a cup of coffee in the future at Starbucks with DGB. That'll be 0.5 DGB for a venti latte.

And, this is only one use case for DGB. It has the capabilities of doing much more than payment processing.
Dec 8
Comment: Now is not the time for selling your position in DGB. Big mistake!

Congratulations to all of you who acquired more DGB at these sub-100 satoshi levels. What a discount!!

Accumulate as many as possible at these levels and reap massive profits in the future.

A Proposition to the DGB Community

In previous posts, I have suggested that DGB will reach $10 by May of 2019. But, how will this happen?

Those who post complaints on Twitter or Reddit about the low price of DGB may lack logic, patience, and work ethic. DGB is not a company! Rather, DGB is an open source community project. Its success hinges on the active participation of each community member. We can all contribute to the growth of DGB by using our unique skills and abilities. This is a call to action to all those who sit on the sidelines doing nothing while expecting their investment to grow. Kindly take this as constructive criticism.

As investors, if we want DGB to be valued at $10 then we must build more value into DGB by working together as a cohesive unit. Furthermore, we organically grow in value by becoming essential to people around the globe. So how do we do this?

I'd like to present an idea to the DGB community that originates from the member coldstorage. He suggests a way for DGB to obtain a value of $10 by operating as a second layer payment solution on the BTC -1.75% network. Let's expound on this great idea!

DGB need not compete against BTC -1.75% . Instead, it should be integrated into the BTC -1.75% network to process micro transactions on the DGB chain. Think about it. BTC -1.75% is too slow for handling small transactions. There are so many unconfirmed transactions because BTC -1.75% can only process 7 transactions per second. And, the fees are incredibly high! Just ask Steam who recently terminated their relationship with BTC -1.75% due to the aforementioned reasons.

Now, we will clearly demonstrate the value propositions of DGB:

I. DGB has proven to be reliable over the last 4 years and it is actively being developed

II. DGB is incredibly fast with 15 second block times and has the ability to process 560 TPS (280,000 TPS by 2035!!)

III -0.61% . The fees for a single DGB transaction are negligible at far less than one cent even with a $10 valuation

IV. A 51% attack is least likely to occur on the DGB network since it has 5 mining algorithms and a real time difficulty adjustment

V. DGB is well positioned for atomic swaps and cross chain transactions on the lightning network since it activated Segwit

Here's the conclusion of the whole matter. As coldstorage suggested, perhaps the most important use case for DGB is the most obvious one. Namely, let it be a second layer payment solution on the BTC -1.75% network to process micro transactions since it is incredibly fast, secure, proven, and, its transaction fee is infinitesimally small.

Imagine paying for goods and services with DGB anywhere in the world. The merchant will receive payment almost instantly and those funds will be spendable in 1.5 minutes. And, that transaction will cost a small fraction of one cent regardless of transaction size!

If you can't see the value in DGB then you haven't been paying attention.

Lastly, payment processing on the BTC -1.75% network as a second layer solution is only one use case for DGB . Its primary focus is on cybersecurity.

I welcome all comments whether positive or negative.

15 hours ago
Comment: A special thanks to coldstorage for all that you have written regarding DGB as the backbone of everyday purchases on the BTC network.

Check out the following links for more information:

https://bitcointalk.org/index.php?topic=2561504.0

https://www.reddit.com/r/Digibyte/comments/7j3oky/does_digibyte_dev_team_plan_to_be_a_second_layer/

https://segwit.org/my-vision-for-segwit-and-lightning-networks-on-litecoin-and-bitcoin-cf95a7ab656b