You guys talking about price seem to have no idea how to determine the market value of a coin. What were you expecting?
It just hit an exchange.
Smart miners know what the coins cost them and they will sell above that level.
who?
u can comment/whine all you want, WILLING buyer, WILLING seller determined the price.
LOL what I'm saying. People are saying the price is too low but I don't know what they are looking at. The coin is trading well over my mining costs. I'm not sure what price people where speculating at this early but it's above my target. Not necessarily in the long run but in the short term this is a good starting point.