The first wave of DGB took us to $.06 +. Second wave has been completed and has formed a nice bottom. I predict upward movement once capital flows from BTC back into alt coins on or before 11/16. Therefore, wave 3 coming soon. Wave 3 should take us to at least $.16. Then, a retracement back to blue support line. We should arrive at $1 by Oct. of 2018 if and only if we stay in the blue channel.
Fundamentals:
i) DGB blockchain is fast! Transactions confirmed in about 6 minutes. 15 second blocks.
ii) Volume of transactions per second doubles every two years. 280,000 transactions per second by 2035.
iii) 5 mining algorithms to prevent centralization. Algorithms can be swapped out in the future.
iv) Segwit activated so cross-chain transactions are possible with BTC, LTC, and VTC, for example.
v) Distributed over 100k+ nodes so more decentralized.
vi) Longest blockchain at 5 million + blocks
vii) Real-time difficulty adjustments to prevent 51% attack. Pioneered Digishield and Multishield.
Conclusion:
We may have a sleeping giant that is waking up very soon. Board the train if you so desire. This trade requires patience.
Fundamentals:
i) DGB blockchain is fast! Transactions confirmed in about 6 minutes. 15 second blocks.
ii) Volume of transactions per second doubles every two years. 280,000 transactions per second by 2035.
iii) 5 mining algorithms to prevent centralization. Algorithms can be swapped out in the future.
iv) Segwit activated so cross-chain transactions are possible with BTC, LTC, and VTC, for example.
v) Distributed over 100k+ nodes so more decentralized.
vi) Longest blockchain at 5 million + blocks
vii) Real-time difficulty adjustments to prevent 51% attack. Pioneered Digishield and Multishield.
Conclusion:
We may have a sleeping giant that is waking up very soon. Board the train if you so desire. This trade requires patience.
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Confirmation of reversal if price reaches 146 sats.
A major correction in BTC price is necessary to see significant upward movement.
A major correction in BTC price is necessary to see significant upward movement.
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A bullish scenario:
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Inverse head and shoulders formation on BTC & DGB charts:
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A bearish scenario for BTC & DGB if BTC hasn't finished its ABC correction:
However, you may be able to acquire for 100 sats if BTC continues upward movement past previous all time high.