Re: [ANN][Q2C-QubitCoin] Q2C-new secure hashing (cpu only)please read pool update!!
People are manipulating the market right now. Putting buy and sell orders for 1 qbit each to lower the price. Volume is so low it's making it easy.
No. With so few volume there is simple no price. When you can double the price with 1$, than there is no price (although the volume now is a little higher). When you sell now 2$ worth of QBITs, the price would be half relative to the price of the last trade...
Now, the current price of Qbit in my opinion is irrelevant.
What is the real price of a new coin? This is a very difficult question to answer.
The intrinsic value of a coin for me is given mainly by the development of the community. Community is the real value of a new currency (if it is well done and there are no tricks behind, as in our case), at least at the beginning.
The best thing about being listed today is that so many new people can buy cheap qbits, see with their own eyes that is working and fast and will probably decide to follow.
Those who want to earn few $ to get ROI are free to do it, but they maybe regret not having waited a few weeks or months to see themselves listed on cryptsy with a really different exchange ratio.
Those who believe in the project will be awarded then, who wants a safe ROI will at least turn the economy of qbit and make it recognize as currency...
