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Title: Why is Colossuscoin so Cheap right now? Post by: WillBit on December 04, 2013, 06:49:01 AM I'm thinking of buying a couple more btc worth of ColossusCoin due to the extremely low price right now.
Does anyone know why Colossuscoin has a market cap of only 13btc right now? This coin has a nice name and concept. It's one of the only coins with 550 billion units. Even if the price goes up high, everyone will be dealing with nice whole numbers. It has fast confirmations too. a nicely designed website: http://colossuscoin.org/ an active forum: https://cryptocointalk.com/topic/1146-colossuscoin-col-information/ dedicated supporters It's traded on cryptsy.com Why is this coin so cheap right now? http://coinmarketcap.com/ Title: Re: Why is Colossuscoin so Cheap right now? Post by: Lauda on December 04, 2013, 06:51:42 AM It shouldn't be much worth than it is. A cap of 1M would be enough.
Title: Re: Why is Colossuscoin so Cheap right now? Post by: Nolo on December 04, 2013, 06:51:52 AM So you got stuck in Fontas' pump yesterday eh?
Col is 3 times the price it was two weeks ago. Title: Re: Why is Colossuscoin so Cheap right now? Post by: Lauda on December 04, 2013, 06:54:23 AM Alleged pump that may or may not have been his.
Title: Re: Why is Colossuscoin so Cheap right now? Post by: WillBit on December 04, 2013, 07:00:36 AM It shouldn't be much worth than it is. A cap of 1M would be enough. The market cap is shown on coinmarketcaps.com as being a mere $10,000 though. You think the market cap should be 100x this amount? It might be a good idea for me to pick up a couple hundred million more of these then. That's quite a spike yesterday, but no, I bought a small amount at .00000015 COL/LTC a few days ago. Title: Re: Why is Colossuscoin so Cheap right now? Post by: miffman on December 04, 2013, 10:24:44 AM there's so much circulating and not much demand for it
Title: Re: Why is Colossuscoin so Cheap right now? Post by: WillBit on December 05, 2013, 12:46:26 AM there's so much circulating and not much demand for it Why is the demand for this coin so low right now? Title: Re: Why is Colossuscoin so Cheap right now? Post by: DiCE1904 on December 05, 2013, 12:49:20 AM why would there be a high demand?
Title: Re: Why is Colossuscoin so Cheap right now? Post by: MineNerd on December 05, 2013, 01:06:07 AM It shouldn't be much worth than it is. A cap of 1M would be enough. The market cap is shown on coinmarketcaps.com as being a mere $10,000 though. You think the market cap should be 100x this amount? It might be a good idea for me to pick up a couple hundred million more of these then. That's quite a spike yesterday, but no, I bought a small amount at .00000015 COL/LTC a few days ago. The total $$$ value for COL that is listed on coinmarketcap is incorrect. Coinmarketcap shows the total coin count at 3.1 billion when actually there are over 312 billion+ COL in existence. Title: Re: Why is Colossuscoin so Cheap right now? Post by: Bitcoin! on December 05, 2013, 01:20:21 AM coin markett cap as at arround 7 BTC but its starting to rise again!
http://coinmarketcap.com/ Well demand was starting to get in on btcltc a chinese exchange but i cant find it anymore! Title: Re: Why is Colossuscoin so Cheap right now? Post by: WillBit on December 05, 2013, 01:38:13 AM It shouldn't be much worth than it is. A cap of 1M would be enough. The market cap is shown on coinmarketcaps.com as being a mere $10,000 though. You think the market cap should be 100x this amount? It might be a good idea for me to pick up a couple hundred million more of these then. That's quite a spike yesterday, but no, I bought a small amount at .00000015 COL/LTC a few days ago. The total $$$ value for COL that is listed on coinmarketcap is incorrect. Coinmarketcap shows the total coin count at 3.1 billion when actually there are over 312 billion+ COL in existence. If this is correct, then the market caps is really 826btc or $9.43 million. This would put Colossuscoin in 31st place on http://coinmarketcap.com/ Makes a lot more sense, thank you. Looks like Colossuscoin was removed from the list as I was typing. Hopefully they put it back up with the correct market cap. Title: Re: Why is Colossuscoin so Cheap right now? Post by: zackclark70 on December 05, 2013, 01:41:21 AM until the COL dev changes his attitude I would advise against buying COL ( dev is demanding donations or he leaves )
Title: Re: Why is Colossuscoin so Cheap right now? Post by: Lauda on December 05, 2013, 03:19:48 PM Why would anyone buy such a useless and poorly designed coin?
Title: Re: Why is Colossuscoin so Cheap right now? Post by: aetos on December 05, 2013, 03:31:29 PM cause early we used to mine blocks were 5 000 000 yes 5 million lol at dif was 0.002 :) get it now? you wil be dumped
Title: Re: Why is Colossuscoin so Cheap right now? Post by: Lauda on December 05, 2013, 03:58:31 PM cause early we used to mine blocks were 5 000 000 yes 5 million lol at dif was 0.002 :) get it now? you wil be dumped Coin intended for dumping. Title: Re: Why is Colossuscoin so Cheap right now? Post by: albertdros on December 05, 2013, 04:39:10 PM well if the developer starts saying he will quit because he is losing too much money, that does not help too much in trusting the coin now, does it?
Title: Re: Why is Colossuscoin so Cheap right now? Post by: coinerer on December 06, 2013, 08:52:21 AM Quark was at lower prices recently. And now? Think about timing to buy. Title: Re: Why is Colossuscoin so Cheap right now? Post by: Lauda on December 06, 2013, 02:48:00 PM Quark was at lower prices recently. And now? Think about timing to buy. |