That's who is constantly reducing the price on the stock exchanoge
Need to bring price slightly above 0.00005 that would be profitable....
Thats absolutely great, because can buy many coins for very cheap and in few months expected price many times higher.
Now i buying for 1400 satoshi, and my expectations is 20000-50000 satoshi that is 1500-3000% profit. So i think this is very profitability.
That would be such a price 20000-50000, should be of interest to miners, and you killed the entire interest of the miners with their speculation. The miners leave. And they are right.
You miss 0.000014, and immediately put on 0.000030 for the sake of momentary profit, although the price was more 0.00005-0.00006. Others you are not allowed to sell
4 times dropped the price for 1 single day.......
I killed nothing, I am holding that coins and waiting for better price than 3K. And what is happend its normally for 90% new listed coins. And you as a miner ewlcome this situation, because what really killing coins is no trade and zero fluctuency. Trading and high fluctuency make that coin interensting. That means that more people like me, before buy go here, if is this coin really interesting and analysis what is real price of that coin. Analysis how much premine, how nuch supply which kind of algorithm, how many many miners, how active community and more more information before i buy that. If you have no interest no one look on information of the coin no one buy no one hold, no new miners. Zero interest is true killer of the coins.
wait 12-24 hours and price will be about 4,5k after 48 will be 3k after week will be stable between 4 and 6 K and then slowly rise.
Dont look on spike prizes, look on average prize.
Mining new altcoins is about long term investment to the project, not to the actual prize of coin.
One month ago i started mining new altcoin. Absolutely new, network hasrate was 30 Kh/s on cryptonote algorithm, no exchange. i mine 12 coins per day on I5 2520m 4 years old notebook. now is network hashrate 4,3Mh/s and prize 8K sat. so i mine 96K sat per day with 4 year old notebook, that is something about 10 dollars now. I think this is good profit for mining on old notebook with integrated GPU.
But all of this is because i trusted in that project.