In recent weeks I noticed a huge hype around Digibyte and its future connection with Minecraft. Thanks to the vague Twitter announcement and countdown microsite people got crazy and the value skyrocketed. Many people invested serious amounts of money in Digibyte just because of Minecraft connection and because: „Millions of players will soon be introduced to Digibyte!". Also many fortune-teller youtubers are screaming that Digibyte will reach 1$ in near future just because of Minecraft launch. So I was suspicious about it and tried to find more info…
Don't get me wrong I also own a bit of Digi and I believe it can be successful in the future. BUT THE HYPE AROUND MINECRAFT IS NONSENSE! There is absolutely no connection between Digibyte and Minecraft developer Mojang. Guys from Digibyte are just starting their own server where you can play and earn Digibyte by mining blocks in survival mode. Which is very nice and it will probably boost the coin but its nowhere close to what most of these investors expect (incorporating Digibyte as an in-game currency for all players). So in reality 99% of normal Minecraft players will never know about it. Also the server is not a new thing. It was running before and now its just launching again after update.
The whole thing seems to be just a big misunderstanding. Continue supporting Digibyte if you like it just please don't believe the hype around Minecraft and everything they say about huge playerbase, number of Minecraft copies sold worldwide etc. And don't quit your day job yet :D
Read their official statement:
We don't have any relationship with Mojang nor Microsoft. This is just a server meant for everyone to play on many devices (PC, Mac, Linux, Raspberry Pi 3 and more!). You will basically earn DigiByte for playing minigames and for selling diamonds which you mined in Survival. You can also buy Ranks (mostly cosmetics) with your earned DigiByte or with real money (credit card, bank). If you would like to have a chat contact me on Telegram @LaurynasHQ or on Twitter @laurynasc111 :)
Please UPVOTE and RESTEEM this article so the information can spread. Thanks.
Lepton
I looked into this because Suppoman mentioned it on one of his videos. I thought it might have a lot of hype. Turns out it is a bit inflated. Might be worth keeping an eye on though.
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I was writing about DGB long before it was cool to talk about, yup about 2 months ago. I hope the team accomplishes everything they are hoping for.
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Yeah, I see you article about DGB activating segwit. I also like this coin. I was not trying to show Digibyte in a bad light. Just tried to clear this confusion around Minecraft. Many people interpreted it wrong and its their only reason for investing in DGB.
Anyway I see how succesful your profile is. Does it mean I'm now talking with real Steemit whale? :D
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Also just wrote a short article on this: https://steemit.com/cryptocurrency/@cryptowatchers/digibyte-dgb-wtf-is-going-on
Glad to see there are others not taking crazy pills..
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I just read your article about it. Nice info. Those three reasons are pretty strong arguments.
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Well done mate for writing this post. I think a lot of people out there have pumped this up without knowing the finer detail.
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thanks!
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DGB gaming is not yet really evolved. The real potential is in Digiusign application. That's also where the hype is coming from.
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Clear article, thanks. I wish I had read this before.
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Minecraft.....interesting.
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Yeah! I will try to play when they open that server... I just hate all those clickbait youtubers telling people that Digi will be part of next Minecraft update :D :D
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Good points in this blog. Nice to see I'm not the only one who thinks like this. The decision to buy a coin should be based on real analysis of the coin. I found that people keep buying coins without have any knowledge of them. This is considered high risk. This is quite an interesting website I found: https://www.coincheckup.com Supposingly they researched every crypto coin in the scene based on: the team, the product, advisors, community, the business and the business model. They even score the coins stengths. Go to: https://www.coincheckup.com/coins/DigiByte#analysis To see the: DigiByte Investment analysis.
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