the price dropped so much,even below IPO. what happened ?
Hardly any buyers. The publicity hooked hardly any of the regular punters as yet.
Yeah volume is slow, I'm sorry about that for the moment but POS coins with multipools (almost exclusively blackcoin clones with a different color?) are all the hype these days, stealing focus from others. Behind the scenes I'm working on making two things available in the next few weeks : A QBC multipool and a QBC Android Wallet.
With the current volume, a multipool will drive up price quite quickly, right now it takes half a bitcoin to buy QBC up to 0.0003, not very hard to do.
I think with these two tools we'll be able to move forward a lot better, like someone said, the entire IPO is just a drop in the ocean, no one will end up losing money on QBC, except if you were foolish enough to sell lower than the IPO price!