Why mintpal started at 800 satoshi? Its too expensive to make a good profit ![Angry](https://bitcointalk.org/Smileys/default/angry.gif)
Webpage - not working, block explorer - not working, many transactions - void or invalid, so why the hell they opened with 400.000 USD market cap??? This belongs to coins which already deserved it. The price 0.05 BTC for 1 million as someone described, would be absolutelly OK. I bet it would not stay at 800 sat if mintpal set opening price to 1 satoshi.
![Angry](https://bitcointalk.org/Smileys/default/angry.gif)
Webpage - not working, block explorer - not working, many transactions - void or invalid, so why the hell they opened with 400.000 USD market cap??? This belongs to coins which already deserved it. The price 0.05 BTC for 1 million as someone described, would be absolutelly OK. I bet it would not stay at 800 sat if mintpal set opening price to 1 satoshi.
It's because there are buy and sell orders. People set the price, not the exchange.