Bitcoin Forum

Alternate cryptocurrencies => Speculation (Altcoins) => Topic started by: felco on June 24, 2017, 02:19:39 AM



Title: 23 Skidoo (CHAO)
Post by: felco on June 24, 2017, 02:19:39 AM
https://www.cryptopia.co.nz/Exchange?market=CHAO_BTC

Can someone explain how can this be possible? Maybe I missing something but that seems wrong just wrong.


Title: Re: 23 Skidoo (CHAO)
Post by: FallingKnife on June 28, 2017, 06:50:01 PM
What's wrong?

23 Skidoo is extremely rare. In 3 years of mining, only .25 has come into existence.


Title: Re: 23 Skidoo (CHAO)
Post by: European Central Bank on June 28, 2017, 08:39:43 PM
simple. you need to pay attention to coin supply. i can't believe how often this is overlooked. anyone can have a coin priced in thousands of bitcoin if there's only a fraction of one available. similarly you can have a market cap of trillions if you only sell one fraction of one coin for a hundred dollars.


Title: Re: 23 Skidoo (CHAO)
Post by: Filmmmakerr on June 28, 2017, 08:45:14 PM
I get the reason its high and all, but whats the point of the coin?


Title: Re: 23 Skidoo (CHAO)
Post by: European Central Bank on June 28, 2017, 08:51:41 PM
I get the reason its high and all, but whats the point of the coin?

how many coins have a point? very few.

you can also look up 42 coin. the whole point is that there will only ever be 42 of them. er, that's it.


Title: Re: 23 Skidoo (CHAO)
Post by: holden.commodore on June 29, 2017, 01:36:37 AM
too bad only one exchange have pairs for this coin (cryptopia)
if gets deslisted, the coin ends.
There is no point,project,devs or enthusiasts for this coin, pure speculation.


Title: Re: 23 Skidoo (CHAO)
Post by: loreRex on June 29, 2017, 11:18:03 AM
I get the reason its high and all, but whats the point of the coin?

how many coins have a point? very few.

you can also look up 42 coin. the whole point is that there will only ever be 42 of them. er, that's it.

I didn't know about 42, very funny coin indeed!