Author

Topic: All the new coins (Read 698 times)

legendary
Activity: 2506
Merit: 1030
Twitter @realmicroguy
July 13, 2014, 06:24:47 PM
#7
You mean that newbies are investing in new alts? There should be a guide for newbies where it is pointed that new altcoin are not the best way to invest... Newbies please do not pay for new shitcoin! You can try mining it if you have hardware and do it for fun and for hobby, but do not invest in such things..
BR

I think a lot of the volume you see in these new coins is "artificial" and not coming from newbies. Buy coins with account #1 from account #2, Sell coins from account #1 to account #2, repeat as needed. This way new coins can achieve decent volume with the only cost being trading fees. Just a guess.
legendary
Activity: 1960
Merit: 1005
July 13, 2014, 04:13:06 PM
#6
You mean that newbies are investing in new alts? There should be a guide for newbies where it is pointed that new altcoin are not the best way to invest... Newbies please do not pay for new shitcoin! You can try mining it if you have hardware and do it for fun and for hobby, but do not invest in such things..
BR
legendary
Activity: 966
Merit: 1000
July 13, 2014, 08:27:51 AM
#5
Don't forget the endless supply of clueless newbies who invest in the biggest green numbers on CMC, or who actually believe the most unlikely promises.

The only problem is that these green numbers were just a pump and they will see red sea (or red dildos) really soon wich results in loosing of their investment.
hero member
Activity: 854
Merit: 1001
July 13, 2014, 08:21:43 AM
#4
Don't forget the endless supply of clueless newbies who invest in the biggest green numbers on CMC, or who actually believe the most unlikely promises.
full member
Activity: 168
Merit: 100
July 13, 2014, 07:55:21 AM
#3
Some buyers are gambling with their money, hope one day the price double or higher.
* I bought some dogecoins when it's new.
legendary
Activity: 3248
Merit: 1070
July 13, 2014, 07:38:03 AM
#2
the buyers are scammers also, because they wait for x2 price to dump, it's a scam fest
legendary
Activity: 1960
Merit: 1005
July 13, 2014, 07:30:24 AM
#1
Hello,
My question is : How exactly all those new coins are going to the exchanges and even some people are paying real money for them as everybody knows most of them will surely die? Who is buying?
BR
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