Still 38 satoshi to go down
.
Care to give an example of a coin that had it's hype time (like here 14500/coin) , went to 10-20 satoshi and then went back to it's previous level?
Most altcoins are not even half a year old. Too early to make any judgments about behaviour etc.
It's not like fiat currencies that have been around for decades. Then you can talk about "history".
How are you supposed to make a historical judgment based on a few weeks or months of lifetime???
I don't know. All I am sure is that if the community grows and people find value in a coin, then it will grow.
Mazacoin never had a "hype time". It was simply introduced into the market and has since then undergone a
price discovery.
Price discovery still hasn't finished, and it probably never will, that's the nature of price discovery.
As long as nearly no one starts using mazacoin for economic purposes we will never know.
Therefor: Ofcourse Mazacoin keeps on falling.
But I believe the region around 30 satoshis puts mazacoin in the category with hundred other altcoins who have much less character or validity then mazacoin.
Mazacoin even has a wikipedia article (most altcoin wiki articles get deleted because not exceptional), was on max keiser, etc... it is special and it will grow if people start putting the money where their mouth is.
I plan on accepting mazacoin for an online game that I am working on.
