Quantstamp - Listed in Binance and Houbi in less than 2 hours -

paxmao

legendary

Activity: 2366

Merit: 1624

Do not die for Putin

Quote from: CryptoAlphaStar on November 23, 2017, 09:31:15 AM

Quote from: paxmao on November 23, 2017, 08:30:05 AM

Quote from: amaddio on November 22, 2017, 12:04:22 PM

As of now...

$0.159193 (53.78%)
0.00001943 BTC (56.24%)
0.00043615 ETH (55.14%)

Just in case, do not confuse ICO price with the first price traded. ICO was .04 $ for most people.

Can you explain a little bit more? I am really getting confused with all these discounts, ICO prices and first price traded. What is the difference between ICO price and first price traded? And is first price traded the one that we see in the beginning of the graph at coinmarketcap, or coinmarketcap shows the price at the moment the coin is added to the site?

Marketcap show the price (average I think) for markets. The ICO price is the price that the first buyers of the token paid. When the token gets listed the market fixes the price at which it is traded. Example: I bought QSP for .04 cents. It got listed in binance and people were willing to pay .08 (100% more), after a few days it is valued at .16 (400% more)...

Does that make sense?

Lipe490

sr. member

Activity: 602

Merit: 263

Quote from: CryptoAlphaStar on November 23, 2017, 09:31:15 AM

Quote from: paxmao on November 23, 2017, 08:30:05 AM

Quote from: amaddio on November 22, 2017, 12:04:22 PM

As of now...

$0.159193 (53.78%)
0.00001943 BTC (56.24%)
0.00043615 ETH (55.14%)

Just in case, do not confuse ICO price with the first price traded. ICO was .04 $ for most people.

Can you explain a little bit more? I am really getting confused with all these discounts, ICO prices and first price traded. What is the difference between ICO price and first price traded? And is first price traded the one that we see in the beginning of the graph at coinmarketcap, or coinmarketcap shows the price at the moment the coin is added to the site?

That is easy. Ico price is the price that the coin was early sold by the team, when the only way you could buy was out of the exchanges. Usually you send btc, eth, dash etc to the adress of the team and they give you their coins from ICO. First price traded is the initial price of the coin once it hits the exchange, when people start to make their first trades in the exchange we can have two prices: below ico and above ico, and that's where people get confused. In this case it's above ICO price what is very good.

CryptoAlphaStar

full member

Activity: 574

Merit: 101

Quote from: paxmao on November 23, 2017, 08:30:05 AM

Quote from: amaddio on November 22, 2017, 12:04:22 PM

As of now...

$0.159193 (53.78%)
0.00001943 BTC (56.24%)
0.00043615 ETH (55.14%)

Just in case, do not confuse ICO price with the first price traded. ICO was .04 $ for most people.

Can you explain a little bit more? I am really getting confused with all these discounts, ICO prices and first price traded. What is the difference between ICO price and first price traded? And is first price traded the one that we see in the beginning of the graph at coinmarketcap, or coinmarketcap shows the price at the moment the coin is added to the site?

paxmao

legendary

Activity: 2366

Merit: 1624

Do not die for Putin

Quote from: amaddio on November 22, 2017, 12:04:22 PM

As of now...

$0.159193 (53.78%)
0.00001943 BTC (56.24%)
0.00043615 ETH (55.14%)

Just in case, do not confuse ICO price with the first price traded. ICO was .04 $ for most people.

amaddio

newbie

Activity: 24

Merit: 0

As of now...

$0.159193 (53.78%)
0.00001943 BTC (56.24%)
0.00043615 ETH (55.14%)

paxmao

legendary

Activity: 2366

Merit: 1624

Do not die for Putin

This ICO sold 100%, has the backing of Y Combinator and is now at nearly 2xICO in a 4 hours of trading. Don't say that nobody made you notice it

Topic: Quantstamp - Listed in Binance and Houbi in less than 2 hours - (Read 305 times)