Tuesday, June 10, 2014

Digit - or don't

Digit (DIG) is just a few days old and worth taking a look at. X13, PoW/PoS and some talk about anon. We've seen it all before. However, what makes DIG interesting is the price. If you look at the detail of work that has been put into the coin (the website, design, activity on BTC-talk, Twitter, Reddit etc.) you very quickly realize that this coin is way undervalued @ a market cap of $8k (price 70 sat). The dev also seems to be very active, which is good.

All in all I like what I see. This seems to be a serious coin. It's difficult to lose money on investments like this. Either Digit never gets noticed by the main stream (less probable) and price remains stable for a while or it falls into the limelight and the price erupts and you quickly double/tripe/quadruple your small investment. The volume is still too small for any large investment. The question is just how the story unfolds.

You can trade Digit on Bittrex.

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