A low price is good at the moment. Even if you mine or buy BIG now you will get a lot of coins. Diff is only about 10 mio. thats great. And: A good time to buy some coins. Buy low sell high.. Even if you must hold them for a year. Buy when the cannons firing and sell if everbody thinks it only can go higher..
Maybe this is one of the best times to buy this coin
The reason for the price drop? Noob Trader who are selling their coins with market orders at 0 volume. Typically for trading beginners. Yesterday only 200 BIG droped the price vom 0,002 to 0,0001 thats about -98%!!. No real daytrader would sell at this volume or even at this low price. They would buy here
Exactly. Only 1 btc would bring it back up to .0012. Add to that there are currently approximately only 219,340 total of these coins out there (including dev premine). Compare that to those pump and dump pos coins that have millions of coins within days or the ico coins that immediately release millions of coins in one day. This coin is an investment, not a pump and dump. Dumping a coin like this is like throwing away a winning lottery ticket IMO. This is like btc being back to $2, people thought it was done for but look where it is today.