Author

Topic: Whats the Deal with Altcoins that Have a Market Cap under $1,000? (Read 528 times)

newbie
Activity: 9
Merit: 0
Well this kind of indicates no interest, so even if you bought up all of the coins there are probably no people who want to buy them. So you'd be wasting your money.

People want them as soon as price goes up consitently. No matter what shit it is.

Though: When shit is that low it mostly has a reason to be.
legendary
Activity: 2506
Merit: 1030
Twitter @realmicroguy
Well this kind of indicates no interest, so even if you bought up all of the coins there are probably no people who want to buy them. So you'd be wasting your money.

It might be a cheap and easy way to have my own coin without having to start one though.

You could try that, or even better, buy a coin that's getting ready to publish an open-source java client before its released on the 18th! Cool

https://www.gldtalk.org/index.php?topic=3442.0
full member
Activity: 145
Merit: 100
Well this kind of indicates no interest, so even if you bought up all of the coins there are probably no people who want to buy them. So you'd be wasting your money.

It might be a cheap and easy way to have my own coin without having to start one though.
legendary
Activity: 3500
Merit: 6981
Top Crypto Casino
Well this kind of indicates no interest, so even if you bought up all of the coins there are probably no people who want to buy them. So you'd be wasting your money.
full member
Activity: 145
Merit: 100
Forinstance, Evotion has a market cap of only $198, had $10 in trading volume today, and trades on two exchanges (YoBit and Cryptopia). Wtf?
full member
Activity: 145
Merit: 100
I see a bunch of coins on Coinmarketcap.com (http://coinmarketcap.com/3) that have market caps under $1,000. Many have websites associated with them, have some trading volume, and are traded on exchanges. Instead of starting my own altcoin, should I just buy up 90% of one of these altcoins? I don't get how they can be worth so little?
Jump to: