@Cryptonit
You mean the price would be stable at 30 cent? Why do we have now 15 cent?
because people gamble
the game is called
how long u can wait to buy back in / buy more dmd
many people sell altcoins at a major btc spike
and buy back once btc rise reverse a bit
which means people sold dmd at 770$ btc
waiting for below 700$ btc or crazy low dmd price to buy back
as written multiple times this is a risc game but played well u can increase ur amount of dmd a lot
this is market and out of our (foundation) controll
its full in your (dmd trader) controll
long story short
dmd is below 0.30$ because u dont buy it
It maybe because ppl are cashing in Altcoins to sell BTC against FIAT (USD or EUR) but that only works if BTC will eventually drop again. It is looking like the days of sub-700 USD BTC is long gone. For those of us that have kept our assets in crypto, we have kept our value.
Looking forward into the coming months, DMD is an absolute steal at the current prices!