Post
Topic
Board Announcements (Altcoins)
Re: [PoS+PoW] eXocoin [EXO]-gen 2.0- dev. from scratch! Give-Away | Open Beta
by
dzarmush
on 23/04/2014, 10:44:14 UTC

There will also be mining, so depending on how hard / easy it is to mine eXo, that is what makes the price.
If miners are able to make a profit at 0.00000300, then I guesss they sell for 0.00000300. If it's at 200 sats, then they will sell at 200. Some just mine to make small profits and jump to another coin.

I've lost believe in the reason of people. Some follow a dump like lemmings, while all indicators point to a fast rise after the dump. Some people just suck at trading or just settle for a few satoshi profit...

We will know after eXo hits a major exchange and the mining is on it's way.

You're right, I forgot about it. So actually the price might be lower than IPO price.

I'm inclined to think so yes...

Think about it: 50 million coins in 6 months. That's 50,000,000 / 183 days = 273,224 coins on average to market every day!
That's got to have a negative effect on the price...  Sad

Holy crap, that's a lot.