If those speculative people are using Coinwarz to identify their mining choice, this might be effecting their thoughts.
iCoin is listed there against the exchange coinmarket.io that has been out of action for the week. This has two effects; the first is that it is showing a lower price than iCoin was last traded at and so impacts the value and rating, the second is that the perception may be that iCoin can't be traded as the exchange is down. Both may have a negative effect on the number of miners involved.
How does Coinwarz choose which exchange to use for price reference? In terms of those exchanges where iCoin is traded and there are other coins listed on Coinwarz using the same exchange, looks like the only one up there right now is Poloniex.
Hey bgs,
I have mailed coinwarz to get Poloniex added as a reference exchange for iCoin so at least there will be a proper evaluation of the market while coinmarket.io is down.
Please feel free to mail coinwarz with the same request
Hi Viberbass,
Just checked out Coinwarz and see that an alive exchange in Poloniex is now being used. Excellent. Hopefully this will help to give more accurate information to those who are considering iCoin.