Interesting topic. keeping a eye
heads up on darkcoin.. it was instantmined (nothing wrong with this). therefore the price has not crashed once yet. its over priced. too many coins to be at the price now. Mine it if you can. but i would advise not to buy in yet. the price needs to crash and adjust once or twice before it shows the true value ; )
wondering how you came to this conclusion?
I think your comment is typical of someone wants to buy the coin, cheaper.
with your analogy then your comment is typical of someone wants to sell the coin , higher
simple calculation really. look at other coins in same level that are older and their price is more stable. look at their coin mined per day volume. look at the coin you are interested. look at its price now per coin. it wont add up.
coins always rise up a bit in price once they hit an exchange. Once everyone that bought out of fear of missing out buy volume is done, there will be no more buying volume to sustain the coin release per day. eventually the selling will overwhelm the buy in price and it will drop down.
basic math really. the only one asking/prompting you to buy now is either instaminer who own lots of coins for dirt cheap or the ones that bought now and want the price to go higher.
hate it or love it, its the way of the free trade. You can stop the hypes or the FUD. but you can educate yourself to understand what a price of each coin is worth.
Cryptowho seems neutral and says correct things imo. I sure that all altcoins (not dead-birth) have a life cycle: launch&star-period (when coin is above fair value estimate) and plateau (when the market is lined). Also ups-and-downs are inevitable.
It's impossible to predict when coin was launched recently. So my experiment will be continued a month.