Digibyte crashes as buy orders diminishes

Well, sorry to convey this sad news folks but Digibyte came in extreme sell pressure as the Conference was over and buy orders was removed from DGB in hope to profit from other rising coins.

The latest data obtained from Poloniex shows how DGB buy orders was removed and support was there only at 1000 Satoshis even though crashing hard DGB did not go down 1500 Satoshis and maintained its position for now .

2017-06-09 13_44_31-0.00001807 DGB_BTC Market - Poloniex Bitcoin_Digital Asset Exchange.png

Regarding investing in DGB right now all I wish to tell you is to be careful yes there is minecraft news tomorrow but with lack of buying interest you might see a huge dip that might crash DGB price almost 50% from its all time high the past 24 hours.

Stay tuned to know more.

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What is your prediction on Digibyte, will it go to 2000 satoshis any time soon?

Bitcoin is down for now, highly unlikely to go 2000 very soon seeing the low buy pressure, but if you keep and hold it , you can profit from it later maybe in 3,4 weeks if minecraft enthusiasm build up

Be careful with Poloniex exchange, they execute and ignore orders and disable wallets for no reasons...This significant affects the daily volume traded reflecting in the price action....lets see how this plays out but don't take their news to serious, follow up on other exchanges, so you can compare....Digibyte has a very good daily trading volume among the altcoins, so I won't be to alarm by Poloniex news

This is my take on the events that transpired with Digibyte the last few days: https://steemit.com/digibyte/@veritees/ignorance-is-killing-good-coins-long-live-digibyte

Nice blog. I was about to post a similair thread. Buy low, sell high, it seems so simple but most investors still don't seem to get it :-) This is quite an interesting website I found: https://www.coincheckup.com The site lets you check all there is to know about the team, product, communication transparency, advisors and investment statistics on every crypto. For example: https://www.coincheckup.com/coins/DigiByte#analysis To watch DigiByte Investment analysis.