Why is the price so low? I missed this coin when it came out. The price seems very low and it looks like a solid coin with a good community.
I made a large buy a few days ago which pushed the price up from 1793 sat to 3500 sat. I then noticed that there was an instant dump and we went right back to the original value (or close to). I see it's even lower a few days later. I'll buy a few more now but I don't have much Bitcoin left to spend on this.
Nevermind. If the coin is solid, the community is strong and the dev is fair (although after a while if it becomes very popular like Bitcoin the original dev doesn't really matter towards the development, the community can take over the development), then there is nothing to worry about. Just keep mining, buying and using the coin and discussing it with people and it will never die. or am I missing something? Is there an obvious reason the coin is going down in price, or is it just competition?
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