Re: [ANN] [USDe] WEEK #2 § Steady Rise! - Unitary Status Dollar eCoin **LQQK**
but people have not been able to sell their coins for almost one whole day, I think there will be atleast a small dump from miners that just go for instant cashout.
Prices of coins reflex the difficulty of mining of a coin, if it is more easy to mine then prices goes down, if it is more difficult to mine then prices are going up. Always remember the $10 per 1Mh/s rule, if a coin give a return more then $10 per 1Mh/s then it is overvalued, if it give you less then it is a BUY or we are talking about junkcoins. USDe is not a junkcoin so you can do your calculation, if i mine 24 hours with 1Mh/s how many coins do i have? Put this equal to $10 and you will find the perfect price to buy your coins. Higher is bought too expensive, lower is like sells
