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Title: The life of an altcoin Post by: 9ypsytrader on January 13, 2014, 07:02:48 PM Two questions:
What generally happens after a coin is added to cryptsy? What happens when there a giveaways for a coin after it has already been listed on exchanges? Title: Re: The life of an altcoin Post by: coinerer on January 13, 2014, 09:21:25 PM Two questions: What generally happens after a coin is added to cryptsy? What happens when there a giveaways for a coin after it has already been listed on exchanges? Usually, coin is pumping after listing on the exchange. Then it follows dumping usually too. Then it follows repeating, then repeating and then repeating circles of course, and so on. Giveaway is marketing tool for pumping coins, usually again. Just look what happened with bitcoins. Everybody is trying to do the same repeating circle. |