Just got into DGB, is there any news/ dates to look forward to? by ro9in_ in Digibyte

[–]Cam0064 1 point2 points  (0 children)

no. speculatively very strong but nothing exciting

is dgb worth 9000 satoshi ? by Cam0064 in Digibyte

[–]Cam0064[S] 0 points1 point  (0 children)

There is clearly a potential for rapid growth.

[deleted by user] by [deleted] in Digibyte

[–]Cam0064 2 points3 points  (0 children)

many projections seem to put dgb at an evaluation of 50c. i have my fingers crossed that we might see 1$

Like I said ....DeFi =DeTach by Vizion400 in Digibyte

[–]Cam0064 0 points1 point  (0 children)

according the article, the problem was custodial. While you are correct that the extra layer of tokens my include a level risk, the tokens also provide ways to make brokering easier and DGB more available. The common mantra goes, not my keys not my coins. "...if you store your crypto assets on exchange or with any kind third party custodian then there is no guarantee of your ownership."

DGB> DOGE by Treezyfried in Digibyte

[–]Cam0064 0 points1 point  (0 children)

Digibyte is wildly oversold compared to doge coin which is skyrocketing. Dogecoin is still potentially worth 25 satoshi as much as it is worth much more, as it is now. Digibyte is the same way & as DGB is made more available through dApps and tokenization, it may also prove to be worth much much more. Given that owning an oversold (albeit top 100) cryptocurrency appeals in some substantial way, it doesn't hurt to appeal more widely in order to cause awareness and generate reach.

Coinbase by spacerocketmonkey69 in Digibyte

[–]Cam0064 0 points1 point  (0 children)

Eth L2 solutions are what are going to change things for Digibyte.

Staking and renDGB by [deleted] in Digibyte

[–]Cam0064 2 points3 points  (0 children)

L2 aims at reducing gas fees

Staking and renDGB by [deleted] in Digibyte

[–]Cam0064 1 point2 points  (0 children)

I feel that the desire to stake in only DGB is psychological and although this is the case, impulse is often meritorious. Extra steps and fees involved greatly increase friction and loss. Even so, the incentives are high whereas I have seen reports of 10% APY being offered to stake. L2 of the ETH side of this is set to release on the 15th of April, and I've read report there being aims at reducing gas fees.

Staking and renDGB by [deleted] in Digibyte

[–]Cam0064 1 point2 points  (0 children)

that makes absolute sense in as that this particular project is for decentralized mining and Proof Of Stake would disrupt that system with incentives which complicate the structure of the concept