Yo guys, is this ZETA thing going up and be stable, or is the end?
I know it's a little concerning seeing the price drop so much in the last few weeks. However, Zetacoin has not lost it's value. ZetaCoin value is still pegged to Bitcoin and Bitcoin has risen a lot recently. The price of a ZetaCoin to USD is still the same.
The phenomenon is simple to explain but hard to understand.
Zetacoin investors are converting to Bitcoins and selling for USD. That's easy to see.
But it's hard to understand why anyone would sell their Zetacoins for 0.00002505 BTC and get $0.01 USD. When they could sell at 0.00006000 BTC and get $0.04 USD.
Perhaps people truly are stupid.