Currently JSE coins are tied to the USD, but when JSEcoin is launched on public exchanges the price will be determined by the open market. The current market price is set at 1 USD = 1 JSE.
Source: https://jsecoin.com/investors/
Might be worth mining some just to dump once its on the exchanges.
My advice: Sell at $38-39, this was the stable price just before the crash, I expect it will reach this again by the end of the day, and possibly exceed.
Here come the NEO announcements and ICO regulations info.
The only way is UP for NEO. As mentioned previously if you bought NEO at dirt cheap prices $18-20 then well done to you!!
ICO regulations by China can change at any time. Regardless NEO isn't solely dependent on ICO's. Each new announcement and update from NEO team will boost it's price.
Lets be real, there is a lot of "stupid" money in crypto, where people are buying purely on hype. And now those same people are panicking and selling. This is also why we see large and abnormal rises in value, and now we are seeing the opposite. Now once all this money is out, the long term and...
You will likely make around 20% profit today alone if you cash out at around $40, will take a few days/weeks for it to hit 50% range as NEO price increase was relying on RPX ICO and further from NEO updates which are in progress but not imminent.
Agreed that most ICO's are shit, but theres always some that are potential winners. RPX is due to hit exchange 1 week after the crowdsale, so it may be a good short term play.
Been looking at Zcoin too as its the alternative and cheaper privacy coin
Similarly Monaco is sitting pretty at $20, with TokenCard (TKN) & TenX Pay Token (PAY) sitting pretty low, all 3 offering debit cards
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