Quote from: Distinctin on August 22, 2017, 02:04:02 AM

Quote from: Amerikiwians on August 21, 2017, 11:28:32 PM

Correct me if I am wrong, but it appears the IXT price is only going down because ETH price is going up. This does not mean the value of IXT itself is less. It will soon rise again, especially when it is listed on a larger exchange. That could only be days away!

Definitely it's not the main reason, IXT is build in ETH platform and any success of ETH would be a success of IXT.
The price is down because it's normal, we can see this all the time, just relax the next wave of pump will happen soon.

I agree. It is normal that it will go up and down. I was encouraging others to remain calm; hold and wait even though it looks like it is selling off. No worries here.

What I was trying to say is that the way I understand it is that since the IXT price is traded in ETH (IXT/ETH trading pair) the price for example .002 ETH per IXT will vary depending on the ETH/USD pair value. When funds are pumped into ETH the value of ETH/USD goes up. If the proportionate amount of funds is not put into IXT then the IXT/ETH ratio goes down. This does not necessarily mean the USD value of IXT is going down. In other words IXT value can remain the same while ETH goes up and down causing IXT/ETH to go up and down.

I guess my explanation was just another way of saying the price action is normal and there is no need to sell in a panic. We will see many more natural pumps. I look forward to them.

Thanks for your reply.