how low will the price drop?

[mountainbox]

now we are at 0.00000423/BTC. any idea how low the prices will drop?

what could be the reason? first investors cashing out?

what do you think? time to buy or wait until low is reached?

thx & br

[MadeTran]

The price has been manipulated quite a bit......A lot of the higher trades have been people trading with themselves to pump the price up. Anything from .001 to .004 is healthy at this level of development. It shouldn't raise much higher than that until after the source is released....after that and the exchange is up, it's gonna see a nice steady climb providing everything is ok with the source code.

[mountainbox]

The price has been manipulated quite a bit......A lot of the higher trades have been people trading with themselves to pump the price up. Anything from .001 to .004 is healthy at this level of development. It shouldn't raise much higher than that until after the source is released....after that and the exchange is up, it's gonna see a nice steady climb providing everything is ok with the source code.

sry for the stupid question, but what do you mean by .001 to .004?
prices around 0.000001 - 0.000004 ?

thanks!

[MadeTran]

The price has been manipulated quite a bit......A lot of the higher trades have been people trading with themselves to pump the price up. Anything from .001 to .004 is healthy at this level of development. It shouldn't raise much higher than that until after the source is released....after that and the exchange is up, it's gonna see a nice steady climb providing everything is ok with the source code.

sry for the stupid question, but what do you mean by .001 to .004?
prices around 0.000001 - 0.000004 ?

thanks!

I mean a tenth of a cent to 4 tenths of a cent....I'm speaking in terms of USD....not BTC

[mountainbox]

The price has been manipulated quite a bit......A lot of the higher trades have been people trading with themselves to pump the price up. Anything from .001 to .004 is healthy at this level of development. It shouldn't raise much higher than that until after the source is released....after that and the exchange is up, it's gonna see a nice steady climb providing everything is ok with the source code.

sry for the stupid question, but what do you mean by .001 to .004?
prices around 0.000001 - 0.000004 ?

thanks!

I mean a tenth of a cent to 4 tenths of a cent....I'm speaking in terms of USD....not BTC

Thank you again. Now i got it!

[Bionic]

The price has been manipulated quite a bit......A lot of the higher trades have been people trading with themselves to pump the price up. Anything from .001 to .004 is healthy at this level of development. It shouldn't raise much higher than that until after the source is released....after that and the exchange is up, it's gonna see a nice steady climb providing everything is ok with the source code.

darn, wish i read this a couple days ago

[Uniqueorn]

I mean a tenth of a cent to 4 tenths of a cent....I'm speaking in terms of USD....not BTC

I think a 0.001-0.002 is a bit low. 0.003-0.005 is the correct ballpark in my opinion.
But sure if anyone wants to trade a million NXTs to me for 0.001 then I am all game

[pinarello]

It won’t drop! I think many people underestimate what is going on here.

I am more concerned if we can handle massive interest and adoption from the crowd

Pin

12088507821025750338

[MadeTran]

I mean a tenth of a cent to 4 tenths of a cent....I'm speaking in terms of USD....not BTC

I think a 0.001-0.002 is a bit low. 0.003-0.005 is the correct ballpark in my opinion.
But sure if anyone wants to trade a million NXTs to me for 0.001 then I am all game

I'm speaking of the fluctations.......it wouldn't be too far fetched for it t go that low, realistically.....I expect it to stay between .003 and .004 till launch......I could see it going lower though and I wouldn't be worried if it dropped as far as .001. There's plenty of reasons for the price to stay low until launch

[d5000]

Price was as low as 0.0000025 a couple of days ago. That could be the "base" value for now.

I think the upside spikes are not all manipulation, I have sold a few thousand NXT for about 0.0000088 some days ago and I have not bought them myself

We should aim to redistribute more NXT. Another exchange would be helpful. Cryptsy seems not to be adding coins, and for the "great exchanges" it's far too early. But what about http://coins-e.com or http://coinex.pw?

[latitudeclear]

Looks like just the perfect time to buy in.

I'll give it a shot.

I wouldn't be too worried about price at all this early in development but more in how much the community is going to strive and create a business friendly environment around it.

Then in a year or so the price because important.