five reasons I think digi buy is a very promising investment at this point and
then talking about its kind of overall what's going on with did you buy in this
video so stay tuned what's going on guys my name's Patrick if you haven't already
watched some of my videos I talked about cryptocurrencies day trading stock
market all that fun stuff so do me one big favor and go ahead and hit that
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to get the digi byte message out there we have to do the work to help grow the
Digi by a community so I wanted to talk about five or reasons very clearly five
reasons why digi bite is a very good investment in the cryptocurrency space
and why it stands out above a lot of the other coins that have a much larger
market cap and a much higher price that really have no benefit so the first
point is reliability and the history so digi bite has been around since 2014 for
years now it's been going strong it's very similar to the protocol to the idea
of Bitcoin but it has addressed a lot of the issues let's talk about those issues
and the next points but I want to talk about how Disney byte does have a solid
track record there was a couple big spikes and drops but overall did you
bite has you know been moving higher and it has a lot of things going for it
right now and I think 2018 is going to be a great year for did you buy it's
good to see that there's a track record that there's something to look back on a
mic hey you know did you bytes been around it's not going anywhere there's a
strong community here there's a lot of adopters a lot of reasons for did you
buy it to be a very promising investment in a very promising peer-to-peer
cryptocurrency the second point I want to talk about here is the transaction
times this thing is fast as fifteen second block times which means all the
transactions can get into one block the blocks are also going to be increasing
in size in the future and by 2020 it's gonna be able to hold 2,000 transactions
per second which is amazing you can see here visa is 2,000 transactions per
second and that's the future for digi bytes to get to 2,000 transactions per
second by 2020 and you can see there's a possibility to
scale it even bigger up to 280,000 transactions per second comparing that
to PayPal which only handles 130 transactions per second digi byte is
already a very clear winner it's already beating Western Union if I'm selling
someone a product I don't have time to wait you know 20 30 minutes for
confirmations I don't have time to wait and then pay all the extra fees I want
to get a confirmation staff so someone buy something from me I don't want to
wait around and make sure that money is good so if I'm selling stuff online or
if I'm selling stuff from my store someone walks in to buy something
they're gonna walk out before the confirmations happen so it's very
important that we do think about transaction speed and in the
confirmations confirmations are big deal so when I say confirmations I'm talking
about the blockchain basically recording hey you know this person sent that money
to this person and that's recorded on the public blockchain and now everybody
knows so we need those confirmations to confirm that the transaction happened
the third reason I really like did you buy is the fees the fees are so small
that you wouldn't even notice if you're sending $1,000 you're not gonna notice
there's any fees they don't pay less than a cent if I'm sending money to my
friends if I'm sending money to a company I don't want to pay fees I don't
think about hey I need it increase how much money I'm setting to pay for the
fee so I think about Bitcoin the fees can be huge when you're sending Bitcoin
even aetherium sometimes the fees can really get crazy if the network's really
loaded down so the fees are a big issue that needs to be addressed and did you
buy it has addressed that with such small fees the fourth reason I like did
you buy it is there's five mining algorithms and what that means is that
it stops people from having one massive large farm so like China right now
controls 80% of the hash power on Bitcoin all the transactions basically
across the world are getting confirmed in China because they have such a large
pool and it's only one type of algorithm that's controlling Bitcoin now with
digital bite there's five different algorithms so for one company to be able
to control all of the hash power they would need to have five different
algorithms running and they still couldn't do it it's too hard to have all
that setup my final and fifth reason that I like did you buy it is that it's
seg Witt activated and what that means is that the Lightning Network so we
talked about lightning at work with Bitcoin with litecoin now you can use
lightning that work with did you buy in the future and
also a big benefit of this is atomic swaps digi buy is set itself up for a
beautiful option here for people that are holding a lot of Bitcoin people that
are holding let's say they have all their wealth in Bitcoin and then they
want to do a small transaction they want to buy a cup of coffee they want to buy
this or that they can do an atomic swap get some did you buy it use that digi
buy fast not Patriots action fees not have the issues with confirmations they
can do everything fast by just using an atomic swap and swapping bitcoin for
digi bytes instantly and what that's gonna allow them do is to spend did you
buy at places like I talked about like at a coffee shop or different online
retailers and get those confirmations fast and then not have to use Bitcoin
they pay the transaction fees so this is a big benefit and that's five technical
reasons that I'm bullish on digi by overall and I really just think that
digital buy is set itself up to be a very strong competitor in the overall
cryptocurrency market also big news for did you buy as they are now going to be
hiring a outside PR firm to help increase the marketing for digi byte
recently it's mostly to spend the community that's been marketing it there
hasn't been a huge marketing push like a lot of the other big crypto coins that
have massive budgets to get marketing to market everywhere to get people to buy
into their I cos did you bite hasn't done that so that's been one big issue
for the community people been upset that did you bite hasn't been marketing but
now they are focusing on marketing and actually hiring an outside PR firm to
work on that so that's big news for digi byte I do like that news there's also a
lot of other rumors going around that did you buy it could be used for
different types of uses like like being worked into the Bitcoin protocol that
small transactions could be through did you buy it with Bitcoin I don't know the
exact on that that's one of these far-fetched ideas but there's a lot of
different ideas a lot of different applications for did you buy it it's
already being used at a couple different places I think it was an airport parking
lot that's now using digibytes to buy time on a meter if you look here at the
chart the big thing right now with digi bite is that you know overall the market
is following Bitcoin it's gonna be like that for a little bit you can see this
is the daily chart here we're actually kind of breaking out right now I'm not
gonna get excited I'm not gonna get you excited just yet but we're kind of
breaking out of this downward trend we found some support there the
five-cent area which was previous support that before we had that big
massive move up to the 1314 cent area so we'll see what happens from here I'm
gonna be watching this seven cent area either way I'm holding a ton of did you
buy I think a long long term you know two three years from now did you buy it
has great potential I'm not gonna be buying I'm not gonna be trading this I'm
gonna be buying the dips here I'm trying to get as much as I can over the next
year or so and see if we can get this move for did you buy over one dollar and
then you know maybe two or three dollars in the future it really comes down to
what happens with partnerships what happens with different deals let's say a
big company like Tesla starts to use digi bite that would be massive for digi
bite you never know now that was totally just you know a hypothetical don't quote
me on that nobody go and screenshot that and talk about hey this guy's talking
about Tesla it's this been a rumor going around it's an idea but let's think
something like that happened that you had a big company all of a sudden said
hey we like the edgy buy did you buy it's gonna go to the moon so you never
know when it's gonna happen it just could come out of nowhere that of some
big news didja by it goes up big and we'll see
what happens from there I remember when I was buying litecoin at the $50 area
and it went sideways for the longest time and I thought and I thought white
coin would never go up and then all of a sudden it went up to 100 and then 200
then 300 and 400 it went crazy over like a week period and it went to the moon so
really you just gotta be ready find coins that you do like find coins that
you like the story you know there's other coins out there not just did you
buy it if you find the corn that you like get into it hold it look for a nice
opportunity to buy don't buy after it's already been pumped up big so everybody
who bought here at the 13-14 cent area you know maybe they were pretty upset
now because it's pulled back down there the five cents I've been buying here at
the five and six cent area for a while any dip below five seven this point I'm
gonna buy more but I think overall here the big thing to watch is the Bitcoin
chart we got to get Bitcoin breaking out here you get Bitcoin over this thirteen
fourteen thousand dollar area I think the overall crypto world's gonna start
to rally in 2018 is gonna be a bigger year than ever cuz remember last year
2017 it was a massive year there was some massive moves for Bitcoin for
cryptocurrency in general digi byte went up 28,000 percent or twenty six thousand
percent one of those numbers it went up massive is a huge move on did you buy it
in 2017 not a lot we're talking about it but
did it made a massive move in 2017 now I think the reason that's gonna help us is
that a lot of people made money and are they chase say they saw the news in 2017
and now that everything's kind of pulled back we're like hey it's good time to
buy maybe I'll buy some Bitcoin you know it's half the price as it was last year
so I might buy some here and hold it and then you got people who are gonna be
FOMO in trying to jump in here trying to get in here on this action let's say
Bitcoin gets back up there there's a twenty thousand dollar area it's gonna
get a lot of people excited to get a lot of people chasing it and I think Bitcoin
can go from 20,000 to 50,000 dollars really quickly you can see here some of
these candles some of these daily candles they went from 11,000 up there
to 14,000 in one day and then went from 13,000 it's almost $20,000 in one day so
when it does start to happen when these coins start to move it's gonna happen
fast so the same idea as so the same idea for digi buy when this does start
to move it's gonna happen fast I think if we get over seven cents we get it was
a ten cent area pretty quickly and we'll see what happens from there we get back
to all-time highs there should be no problem for did you bite to run up there
225 7:37 area in no time and then we'll see what happens after that
but overall those are my five reasons that I'm bullish on did you bite five
reasons that I'm holding a lot of digit by at this point and I think long-term
we're gonna see some major moves here for the digi bite world and the did you
buy coin I talked about another video said you know maybe ten dollars in the
future a lot people gave me crap for that who knows is gonna happen cannot
see the future but we could see you know two or three dollars for did you buy
realistically in the future in the next two or three years no problem I think
the AG bite has a great foundation a great coin and there's a reason that
people are behind this coin I think it has a lot of upside potential so do your
research learn more about did you buy talk about it tell your friends help me
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