What way(s) can a new coin jump from $0.00 to $0.000000000001

tuthienloc92bk

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Quote from: benzmuircroft on September 26, 2018, 12:58:56 PM

Is there any alternative way for a new currency to get a market price value other than become listed on one/or more exchange(s)?

If this token is not listed on any exchanges but it's still used to pay for some products of this company, it look like a voucher than a cryptocurrency.

ansi

sr. member

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The crypto market is basically a Supply & Demand market where price don't move just like that, you'l need & seller & buyer for that product / coin / token to have the price goes up or down, other than that nothing can move the price of a coin / token / product from $0 to $.00000...1

Ginseng

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Well this is an interesting question that goes back to the beginning of time.

Before banks, trading markets, and other mediated forms of exchange people would barter based on percieved value. A cow for 20 chickens, or something like that. The value of an item is whatever people decide it to be. Yes, exchanges help make the process easier, but it's just a means to an end.

If someone thinks your asset has value, they will give you something for it.

TryNinja

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Quote from: benzmuircroft on September 26, 2018, 12:58:56 PM

Is there any alternative way for a new currency to get a market price value other than become listed on one/or more exchange(s)?

I don't think so. How would you determine the price of a coin if it's not being negotiated anywhere?

benzmuircroft

newbie

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Is there any alternative way for a new currency to get a market price value other than become listed on one/or more exchange(s)?

Topic: What way(s) can a new coin jump from $0.00 to $0.000000000001 (Read 102 times)