nubit is stable coin of value 1$ it came down due to newbees trades who dont know about the coin.. its the good oppertunity to buy at current p[rice and sell at the regular price..
18% easy gain..
its actual value value now ( btc is 9000$) in btc is 10900 satoshis a
but current price is 9000 satoshi..
The developers are having a challenge with funding to maintain the peg at a dollar. Look here:
https://chat.nubits.com/#/room/#chat:nubits.com
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@Paul108h, yes absolutely its a very big challenge to maintain the coin price at 1$.. this coin is inversely proportional to the bit coin price.. so when btc and all coin price moves in down trend it goes up trend.. when a coin moves in uptrend a lots of people enter only for making profit without knowing coins tech ... and that people loss thair patience because they compare price in terms of btc which creates panic selling when price come down due to btc increasing.. for panic selling price unstabled and creates fud.. and fud dumps the coin too much.. dev team needs little bit tim4e to make the price to 1$ as they do many times in past..
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why its going down? 66 cents now
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laxmansuresh619 AlekseiLukashevich
@AlekseiLukashevich, is happening only for panic selling.. dont worry it will go up.. 15-20 days it can take.. you can buy more in great discount..
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