Post
Topic
Board Beginners & Help
Re: hey guys im trying to buy some mintcoin, could you tell me what im looking at???
by
Farmer17
on 06/03/2014, 08:28:00 UTC
does that seem like a fair rate? the graphs im watching have 1 mint coin at about .00017 usd. im really confused by all the numbers, terms, graphs etc.

I am afraid I can't answer this question.
First reason is that I didn't follow this coin (not even knew it indeed).

But the more important reason is that, it is very difficult to judge if a price is fair.
Someone bought a pizza with 10000 bitcoin in 2010, and it was considered a good deal back then.
When bitcoin hit $10 in mid-2012, people called it a bubble; bitcoin then hit $230 in less than a year and crashed to below $100, and people called it bubble burst.

Of course, on the other hand, value of some coins kept dropping, and eventually even their developers abandoned them.