It's hard to say. Bitcoin keeps going up but there's no hype so it's not taking the other coins with it yet. And at the same time devcoin keeps diluting which means plenty of devs who need the money will keep selling as will many pools. This combination means Devcoin's price can keep going lower until something changes.
I'm hoping Bitcoin gets its ETF license which would change everything and bring in lots of new miners and millions of speculative investors.
Isn't it already only at 44 satoishi's, it can't go lower than 0 here or am I missing something. Is there another digits it goes to because on vircurex looks like we are at almost absolute 0.
Absolute zero doesn't exist in this entire very finite and material universe so yes, Devcoin, like any other coin can keep going lower. There's an infinite decimal places after the current one.
So your saying price can go below 0 satoishi's? There are no other coins that have ever done so, so theres no example of this? After it hits 0 sat's, there cannot be a buy limit below this so I don't understand what you mean.
There's always a buy as long as it's alive. Short of a Bankruptcy nothing makes a stock go to absolute zero and there's ZERO risk or BK for devcoin.
1) Right now devcoin is only at the 6th or 7th decimal place which means it can go down more, to the eighth. It's a long ways from there, right now so I wouldn't worry.
2) What would happen if Bitcoin dissapeared tonight but devcoin stayed alive? You can always buy and sell Devcoin for USD which can go infinitely lower.
I'm definitely a "buy hand over fist" from this point and lower and I just need to get my mining rigs so I can get more Bitcoins. I've invested enough actual dollars for now in alt coins.
So in other words at 44 satoishi's above 0 which is the low and it cant to below that? Its realy simple not that complicated lol unless you are saying that at 0 another decimal place
(9th dec place) appears and price is allowed to fall further vs btc.
Yea im looking to buy btc aswell but waiting for
the correction to one of my targets it failed to test on the breakout.