Also where are you gonna sell your newly minted coins? There's no liquidity and Clams is not listed on any big exchange, not even a mid tier exchange.
https://freebitcoins.com/xchange/market/BTC_CLAMYou name the price that you're willing to sell at and wait for someone to match you. It isn't rocket science.
Liquidity in crypto world means nothing and that is magnified times 10 in CLAM.
There can't be liquidity without a market naming their own price, so get out there and dump your CLAMS.
You sound like the type of investor that invests at the peak of things... not the type of investor that invests with any foresight beyond today.
Good luck!
You have no idea what you're talking about. There's only 0.06 BTC buy support and no real buy pressure if I look at the recent trades last week. You can't even buy 5 BTC of Clams on there if you just want to buy from the sell book and start staking Clams on a bit more serious level. There's 3 BTC of sell orders and the whole sell book will be gone and price will be moved to 30k sats, that's a terrible spread if you want to get in and you won't be able to get out, you will be trapped unless you're lucky to find someone crazy enough to do an OTC deal at that price (knowing the current state of the project).
You must be an amateur and/or a bagholder, either way you don't understand liquidity or don't want to understand, but Clams is highly illiquid.
Also, Clams twitter page and social media channels are dead, no development, old codebase and slow wallet, no dedicated team/contributors, no exchange/fiat gateway/swap service expansion, I do applaud your efforts at least someone is trying to keep it from completely being wiped out. Newbies should be very careful and avoid Clams imo. At least for now until Clams can crawl out of the depths again which at this point is like asking for a miracle.
All the CLAM social media and even the OP posting account (SuperCLAM) are likely lost. The developer that controlled that stuff has gone, but that's how this crypto shit works. *looks at satoshi's account*
I'm not saying CLAM has liquidity. I'm saying traders can use limit orders. In my experience, large orders match surprisingly fast.
If you want to buy 5 BTC worth of CLAMS... you simply use a limit order and you get exactly (or better) your asking price. It isn't instant, but so what... grow the fuck up and welcome to shitcoins / bitcoins.
CLAM is just so small right now, that you feel like a big trader atm lol. Welcome to the real world of "Like a Whale"!
Just-Dice.com also offers a free /escrow system for OTC traders that want a dooglus escrow. CLAM is slowly but surely getting more options since CLAM pwned Poloniex. There was some short term blowback, but wasn't watching Poloniex get fucked awesome?
You must be an amateur and/or a bagholder, either way you don't understand liquidity or don't want to understand, but Clams is highly illiquid.
I'm the owner at
FreeBitcoins.com and the majority shareholder for the XChange. I've sold well over 100,000 CLAMS over the past 6 years... all with no liquidity or very limited liquidity being openly shown on the bid. I've liquidated over 100,000,000 DOGE and 10% of the entire Florincoin circulation. It's like this with all these markets... although the CLAM market looks pretty scary today with the naked eye.... it looked bad for DOGE / FLO too!
Only time will tell about that "miracle".