Yeah... now its clear the coin is dying slowly as the rewards are going down and mining becomes non-profitable and staking is not attractive anymore... luckily we cant go below 1 satoshi in price which is the price where it started and where it will inevitably end up
coin is not dying.. users to have to assign a more appropriate value i think.
and the price reflects dumpers dumping.. if guys would quit throwing their coins away for cheap the price would go up.
i think they are dumping because we have "profitable" guys and we don't want or need them in my opinion.
trying to cater to the mine and dump crowd is usually a losing situation and i say let them move on to some other coin.. screw 'em !
quit dumping your coins for cheap and the price goes up and so does profitability guys lol
edit:
By the way it would not hurt to have more than just me spending the last 6 months mentioning JPC across the web eh LOL
anywhere i go i am the only guy that mentions it by name and there has been little effort to talk about JPC in the Main/Alt section.
in my experience a lot of people just have not heard of the coin.
imho the problem is not ppl selling low, but ppl not buying high... i can set my sell order to 100 or even 1000 satoshi but it will pbbly never go through.
seems like there is very small community behind JPC if any.
strong community would never let the price of JPC drop so low.
I see only one active exchange for JPC and that is bittrex and only 16BTC would push the price to 30 satoshi and 20BTC to 50, thats like 1000% value boost, which would push up the coin in tables and attract more ppl.
but there is no community to make it happen, so the coin is dying.
sadly it will just end up with bag holders holding and staking worthless coin.