Bitcoin Forum

Other => Beginners & Help => Topic started by: playmain on August 20, 2018, 02:04:31 PM



Title: Altcoin market Price
Post by: playmain on August 20, 2018, 02:04:31 PM
Guys is that posible token price become 0 ?
And market price depend on demand and supply right.  so let say in market a :  coin x price = 1$ with active volume  in market b : coin x price = 1$ with almost passive volume.
how the price beetween that exchange almost same?


Title: Re: Altcoin market Price
Post by: AdolfinWolf on August 20, 2018, 02:38:00 PM
Guys is that posible token price become 0 ?
And market price depend on demand and supply right.  so let say in market a :  coin x price = 1$ with active volume  in market b : coin x price = 1$ with almost passive volume.
how the price beetween that exchange almost same?


The price is the same probably due to the fact that if they would be imbalanced from each other, people would arbitrage and trade away the difference ( until it no longer becomes profitable to do so, aka when they become the same price.).

See https://www.investopedia.com/terms/a/arbitrage.asp on how it exactly works, and with some more examples.

Quote
Guys is that posible token price become 0 ?

If there is no interest in a token anymore, then yes, this can happen. See bitconnect which dropped like 99%. https://coinmarketcap.com/currencies/bitconnect/


Title: Re: Altcoin market Price
Post by: HungManh0102 on August 20, 2018, 02:46:53 PM
Quote
Guys is that posible token price become 0 ?

0 in which unit. I think that only reach 1 satoshi/token. Can not reach 0 satoshi.


Title: Re: Altcoin market Price
Post by: justin86 on August 20, 2018, 02:50:27 PM
When it is not traded on any exchange, there will be no market thus price will be $0 but you can't probably sell it for $0 so there is always price. am I wrong?


Title: Re: Altcoin market Price
Post by: mk4 on August 20, 2018, 02:56:44 PM
Exactly 0 as in zero value? Very unlikely. Even bitconnect has a price, even though it's one of the most useless tokens in the market right now. It's currently priced at  $0.6798[1]. Coins and tokens can drop to centavo prices (e.g. $0.05) but unlikely to zero.


[1] https://coinmarketcap.com/currencies/bitconnect/


Title: Re: Altcoin market Price
Post by: BrewMaster on August 20, 2018, 03:35:06 PM
Quote
Guys is that posible token price become 0 ?

0 in which unit. I think that only reach 1 satoshi/token. Can not reach 0 satoshi.

1 satoshi is not the minimum value an altcoin or token can reach. there are hundreds of altcoins that are worth less than 1 satoshi and since less than 1 satoshi is not meaningless so in a way you can say they are worth 0 satoshi.
these coins are being traded with other altcoins which is why they worth less.

also  coins can die, google dead coins and you can find a link to their graveyard which has thousands of them that are dead and are worth 0 got real.


Title: Re: Altcoin market Price
Post by: playmain on August 20, 2018, 04:20:23 PM
Quote
Guys is that posible token price become 0 ?

0 in which unit. I think that only reach 1 satoshi/token. Can not reach 0 satoshi.

1 satoshi is not the minimum value an altcoin or token can reach. there are hundreds of altcoins that are worth less than 1 satoshi and since less than 1 satoshi is not meaningless so in a way you can say they are worth 0 satoshi.
these coins are being traded with other altcoins which is why they worth less.

also  coins can die, google dead coins and you can find a link to their graveyard which has thousands of them that are dead and are worth 0 got real.

ya i can see coin dead there but that because hack get scammed . is that posible if coin become 0 without get hack or scam.


Title: Re: Altcoin market Price
Post by: mk4 on August 20, 2018, 05:22:45 PM
Quote
Guys is that posible token price become 0 ?

0 in which unit. I think that only reach 1 satoshi/token. Can not reach 0 satoshi.

1 satoshi is not the minimum value an altcoin or token can reach. there are hundreds of altcoins that are worth less than 1 satoshi and since less than 1 satoshi is not meaningless so in a way you can say they are worth 0 satoshi.
these coins are being traded with other altcoins which is why they worth less.

also  coins can die, google dead coins and you can find a link to their graveyard which has thousands of them that are dead and are worth 0 got real.

ya i can see coin dead there but that because hack get scammed . is that posible if coin become 0 without get hack or scam.

There are lots of coins that are dead for other reasons(failed project, no actual use case, etc) than just being hacked and etc. Heck, even coins that had critical vulnerabilities can recover. Here's a site that lists some of the dead coins: https://deadcoins.com/


Title: Re: Altcoin market Price
Post by: Velkro on August 20, 2018, 05:39:35 PM
Guys is that posible token price become 0 ?
And market price depend on demand and supply right. 

Yes absolutely it can reach 0 easily or close to 0 like $0.00000000000000001 per coin.
Second thing you are wrong here. Its in real financial market, in crypto there is no real demand for new altcoin, its pure speculation and gambling in hope it will rise in price without any good reason like most altcoins.


Title: Re: Altcoin market Price
Post by: r1s2g3 on August 20, 2018, 06:13:57 PM
Quote
Guys is that posible token price become 0 ?

0 in which unit. I think that only reach 1 satoshi/token. Can not reach 0 satoshi.

What do you say about Doge trading pair. Token value 0.00004499 Doge  is very subpar to 1 satoshi. On top of it even there is no trade happening on this value for more than 7 days then you can assume it as 0 value token. (because Coin market cap capture the last traded price).

BTW, I put the current price of SPRTS token "https://coinmarketcap.com/currencies/sprouts/"  only exception is that it has still some thousand dollar worth of transactions.


Title: Re: Altcoin market Price
Post by: playmain on August 20, 2018, 09:38:01 PM
Guys is that posible token price become 0 ?
And market price depend on demand and supply right. 

Yes absolutely it can reach 0 easily or close to 0 like $0.00000000000000001 per coin.
Second thing you are wrong here. Its in real financial market, in crypto there is no real demand for new altcoin, its pure speculation and gambling in hope it will rise in price without any good reason like most altcoins.
so trading = gambling?


Title: Re: Altcoin market Price
Post by: playmain on August 20, 2018, 09:46:38 PM
Quote
Guys is that posible token price become 0 ?

0 in which unit. I think that only reach 1 satoshi/token. Can not reach 0 satoshi.

What do you say about Doge trading pair. Token value 0.00004499 Doge  is very subpar to 1 satoshi. On top of it even there is no trade happening on this value for more than 7 days then you can assume it as 0 value token. (because Coin market cap capture the last traded price).

BTW, I put the current price of SPRTS token "https://coinmarketcap.com/currencies/sprouts/"  only exception is that it has still some thousand dollar worth of transactions.

the total suply is big 😯😯


Title: Re: Altcoin market Price
Post by: mk4 on August 21, 2018, 02:42:15 AM
Guys is that posible token price become 0 ?
And market price depend on demand and supply right. 

Yes absolutely it can reach 0 easily or close to 0 like $0.00000000000000001 per coin.
Second thing you are wrong here. Its in real financial market, in crypto there is no real demand for new altcoin, its pure speculation and gambling in hope it will rise in price without any good reason like most altcoins.
so trading = gambling?

It's not 100% gambling per se(compared to things like dice and casinos at least), but there's always a gambling aspect on trading because of the risk as you can almost never be 100% sure where the price will go.


Title: Re: Altcoin market Price
Post by: pooya87 on August 21, 2018, 04:01:07 AM
Quote
Guys is that posible token price become 0 ?

0 in which unit. I think that only reach 1 satoshi/token. Can not reach 0 satoshi.

What do you say about Doge trading pair. Token value 0.00004499 Doge  is very subpar to 1 satoshi. On top of it even there is no trade happening on this value for more than 7 days then you can assume it as 0 value token. (because Coin market cap capture the last traded price).

BTW, I put the current price of SPRTS token "https://coinmarketcap.com/currencies/sprouts/"  only exception is that it has still some thousand dollar worth of transactions.

coins like this exist to serve only one purpose and that is to be an extra option for the pumping groups to switch to when they are done with another coin like this. basically they move around, buy these shitcoins and then pump a handful of them every day so there needs to be a lot of these dead coins and their price being extremely low helps with their pumpability because you can not pump a high priced altcoin the same as you can pump a low priced one.
although being listed on a small exchange like coinexchange makes it harder and less attractive but the principle is still the same. you can pump them on your own with a small amount of money if you know how to!


Title: Re: Altcoin market Price
Post by: arjain8100 on September 17, 2018, 05:12:15 PM
very good investment option in crypto market