price has crashed.
why ?
What website are you looking at?? Price is at .0126 on cryptsy, still higher than it was 24 hours ago (.01195).... not sure how that's a crash.
it was 0.017 today so it is 40% crash.
like bitcoin same day from 260$ to 150$
Seems like some are making it a lot more dramatic than it really needs to be...
It's a brand new coin with a lot of hype (granted, well deserved hype). Crypto trading already consists of a shit load of volatility, even more so for something new like this.
I really don't see the point in worrying about hourly spikes and drops... that's bound to happen. It went down to .002 a few days again didn't take long at all to get back up there. I'm sure it will dip under .01 again at some point, and it will be no reason to freak out... it's going to be awhile before XPM is the least bit stabilized.
Edit: also, .017 to .0126 is not a 40% crash.... try 25.88%. Bitcoin was a 42.30% crash at the price marks you provided.
u are right, 0.017 to 0.011 it is only 28% crash
i think real bottom is set at ~ 0.01
u need only about 6 btc to pump price to 0.0145 on cryptsy, it is shallow market
this coin has some hope for future but price 1$/coin is really high.
when some whales will sell to payoff their hosting bills coin value will go towards dvc
i am holding anyway, till christmass :>