Yoda Price Has Been Drooped

[Saiful123 11]

I believe that the reason for this reduction is what I do not understand is that someone is controlling the standard...

[Harris123 281]

Yep Yooda price was good in start but as time passed its price went down.May be less people took interest in this coin.and that's why it's price went down.

[dinabolt 514]

Yes and now only 500 satoshi/ yoda, that could become indicator we should not hold more longer. This time people more choose bitcoin than have yoda and all airdrop exchanges become it. Have and hold bitcoin more interesting than yoda, we can stop and blame everyone because of this, that is fundamental foundation can't deny.

[BTC Future 3946]

Since the total supply of yoda seems to be 70 billion tokens from what I've heard since I don't even know if it is ERC20 or what it's cotract address is, it looks like it can still go down a lot more. I've tried a lot to find information on this project but I was unable to. I haven't found a website or an ANN thread. All I've seen was ads for the airdrop. If anyone has more information on Yoda please share on this post by quoting me, or sent me a personal message. I'd appreciate that.

[PiroSense 2681]

On 2/7/2020 at 3:21 PM, rjroshan said:

What do you think about this, why the price has been crushed like this,

Simple demand-supply idea. Fewer people wants to buy than to hold. When there are more sellers than buyers, this creates an influx to supply and a crash to demand, which naturally makes the price crash. Since it is an airdrop, almost all users want to sell their coins immediately to get the most profit.

 

To give you a gist (if you are really unaware of the simple market principles), when there are a lot of sellers wanted their coins to be bought by buyers, they tend to lower their asking price to get to the top of the order list and have a higher chance to be bought more likely (since buyers want to buy coins that are cheap). Now, if no one wants to buy, then sellers would just continuously lower their price per coin just to get it sold. This makes the price of a token/coin crash.

[Tasrif Hossain 271]

In my opinion, the price is likely to be much lower, for the reason that I think that the present coins are fixed to many people, and they are almost crazy to profit from it, and considering all these aspects, it is understandableThat is, when they id5a, they are completely sailing in this direction, and considering all these aspects, it seems that the price of these coins is likely to go down considerably

[Popedee 377]

5 hours ago, Hridoy608 said:

I am a bit of a believer in the Yoda coins and I think that the Yoda can heal again.  Now members are looking to invest in Yoda for a 2% interest rate.  That doesn't mean that the members aren't selling them.  In terms of supply and demand, supply increases and demand decreases as demand decreases.

I have 150 Yoda coin I put in the investbox at 2%. The coin is a little above 156 now and I intend to keep the coin in the invest box till the end of this month so I can get to calculate my monthly returns from Yobit. When the price first dropped to about 500 sat, I didn't believe it will come up again but it did after people collecting 7 Yoda daily cannot create sell order again. I believe this coin

[Ssking93 51]

With me so I don't want to get that coin down or get up, I want to drop that coin. And if the price of yoda coins is going down now, I will be very happy, because I want yoda coins to go down

[Kijin 3]

I think Yoda started trading through the Yobit Exchange ... it started a long time ago ... At first it showed good results, but it started falling again soon. I do not know why this happened. Thanks 

[maxiway 44]

Well, for it to go up it will be difficult, it needs buyers, and nobody is betting on it, many of us want to support it but it is not a task for just one, it is for many.

[Cryptominded 704]

22 hours ago, theghostm1 said:

I think it's normal because of the huge supply. And if the currency team does not withdraw or burn a quantity, the price will remain at this level.

Yes it's something to be expected after the release of an airdrop or after a coin hits an exchange, because majority of holders are going to hit the "sell tab." If Yobit team is going to be mopping up the excess supply from time to time, traders would take a cue from them and the token would bounce back.

[Mizan 96]

Yes brother becouse many people selling yoda no one buying  thats why yoda price going low. Yoda is stable coin. I think its price going high at a time. So plz hold your yoda.  

[Xsimple 441]

It is because of the holder of that coin because they are not that wise and they just all selling what they have especially those interest that they get that is why yoda are going down.

[Irungu 4299]

it has been dropped so bad , there is a lot of good issues that we have to develop the right ideas to which we are able to work as hard and for that reason there is a way we pray that they will pump it up and the price should shoot up to the price it was in about 1 dollar though that day it went up to 1.5$ but its still working well for those who wants to use it well.

[bitcoin-shark 1928]

in fact it is strange I expected once I started that their price went up a lot instead there was a turnaround and it went down, for me a fair price would be about 1000 satoshi,,,

[Abanti Deb 39]

There is currently no price for Yoda coins, in the first case Yoda coins were very good, they paid 1 dollar for 1 coin, but Yoda coins do not currently have any quote.

[kare 105]

On 2/7/2020 at 8:21 AM, rjroshan said:

Yoda started to trade in the Yobit exchange platform on the last 4th of February and its starting price was 0.00015000 BTC. The starting price is very good. After few days Yoda price dropped down to 0.00000900 BTC. What do you think about this, why the price has been crushed like this, and can Yoda be recover.

My friend please don't bother your self too much because Yoda was given free of charge so you should not expect what was given free of charge to just keep going up that people aren't going to sale it because it was given free.

[Upright 2688]

Seriously, I've not really know why the Yoda, from it's realise had some high market price, which kind of excited people. But it's has had it's down trends and has kept falling and Little rises

[Whited35 15285]

Yoda price can go upwards because Yobit exchange has the ability to make its price reasonable in the market. Its great that I have holed some YODA and made the investments to earn the % in the daily basis. I have been regularly gaining profit. 

[Epic 289]

Yoda will recover, but it will take time. The dumpers are mainly trying to lower the price of yoda before buying back again. I see some buyers buying 4k in one transaction so my speculation might be true.

[iloveyobit 6599]

Personally, I expected this to happen, as happened with the currencies that he gave for free in the past. If the quantities invested were taken out, I would see the price fall more and more.

[iloveyobit 6599]

27 minutes ago, distlopge said:

Yes i'm as of now advised that coin can be unload since extra at that point 20K people connect this Airdrop and maximum intense people provide Their token moreover increase have not manage and Moo changing Volume so, It's ordinary.

Yes, everyone was waiting for a moment to go to the market in order to sell the donated quantities from the platform for free, but was surprised by the inability to sell these quantities.

[Mohnet 33]

Sad for that it has rapidly decrease so we couldn't hold them for price to  rice because no hope to rise again

[Ionescu 115]

On 2/7/2020 at 10:27 PM, Crypto555 said:

That's what always happens with free coins that are being offered on airdrops. When people receive their coins they all start selling it and the price just goes down more and more 

I think the developers of the coins know what's going to happen but that's the price they have to take if they want to boost the volume of their coins and make it more popular 

[Symphony 20]

With todays changes im pretty sure that YODA will rise and reach atleast 2k sats to make it profitable for all claimers. Since it just only gives out 1-2% daily risking 10k sats on dice is not worth it