Personally i can not see a long term future for 5 coins you lack volume. (VTC, QRK, WDC, FTC, BC) Peercoin is an interesting one everyone seems to like it, but lately volume really nosedived and noone seems to spent money on. Would love to see it going places.
If a coin has less than 50btc total daily volume, trouble is brewing.
Volume is the a and o in crypto a dead coin can have a marketcap in the millions
Topic: Low altcoin trading volume on Bittylicious - VTC, QRK, PPC and WDC (Read 778 times)
March 18, 2015, 03:58:39 PM
Whats the volume of Startcoin?
In the last three months, £7628.87 and 686.43 EUR worth of START has been bought. It's far more popular than the four coins under threat.
That's what I thought, and I like it
March 18, 2015, 11:44:04 AM
Whats the volume of Startcoin?
In the last three months, £7628.87 and 686.43 EUR worth of START has been bought. It's far more popular than the four coins under threat.
March 18, 2015, 09:38:04 AM
Whats the volume of Startcoin?
March 18, 2015, 07:34:17 AM
I've written a relatively long blog post about some of the lowest performing altcoins on Bittylicious, a UK coin sales platform (somewhere between an exchange and a p2p trading platform). This is at https://blog.bittylicious.com/2015/03/coins-at-risk-vertcoin-quark-peercoin-and-worldcoin/
In essence, there are some altcoins on Bittylicious that have sales of less than £100 per month, and it's not really worth keeping them running.
The coins at risk of removal are Vertcoin, Quark, Peercoin and Worldcoin. One of the Worldcoin team have engaged with us and they're trying to increase uptake, which is the right approach.
So, really, I'm just throwing this information out there, hoping that there can be more engagement between the altcoin community and exchanges like Bittylicious. We certainly don't have time to market altcoins ourselves, but want to see whether there is a future for these coins.
In essence, there are some altcoins on Bittylicious that have sales of less than £100 per month, and it's not really worth keeping them running.
The coins at risk of removal are Vertcoin, Quark, Peercoin and Worldcoin. One of the Worldcoin team have engaged with us and they're trying to increase uptake, which is the right approach.
So, really, I'm just throwing this information out there, hoping that there can be more engagement between the altcoin community and exchanges like Bittylicious. We certainly don't have time to market altcoins ourselves, but want to see whether there is a future for these coins.
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