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1  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] DDOS & SWAP - Increase ETH network congestions! (Join the Airdrop list!) on: September 03, 2017, 01:03:55 PM
joined. Thank you Smiley
2  Economy / Trading Discussion / Re: What is the best coin to buy today? on: August 29, 2017, 07:11:43 PM
SIA COIN,
DigiByte

Currently undervalued, but have high potential.
3  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [XMG] MAGI | CPU mining | mPoW | mPoS | [MagiPay] on: August 29, 2017, 06:32:00 AM
Please help..
My magi wallet is not syncing, no matter how many times I deleted and resynced the entire blockchain. Last block is 4 days ago.
Updates are in progress. Looks like testing is almost finished.

Ohh.. okay.. thanks for the info.. Smiley
4  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [XMG] MAGI | CPU mining | mPoW | mPoS | [MagiPay] on: August 29, 2017, 05:00:46 AM
Please help..
My magi wallet is not syncing, no matter how many times I deleted and resynced the entire blockchain. Last block is 4 days ago.
5  Alternate cryptocurrencies / Tokens (Altcoins) / Re: 🚀[ANN][PoSToken]World's First Proof-of-Stake Smart Contract Token[AIRDROP LIVE] on: August 28, 2017, 06:18:27 PM
Joined. Thanks for airdrop! Smiley
6  Alternate cryptocurrencies / Altcoin Discussion / Re: How are cryptocurrencies priced? on: August 28, 2017, 01:25:30 PM
The more the supply the lower the price.

okay..  but what I am asking is: "How is the initial price determined when the coin is introduced to the market initially?"

Once it is in market, the relative supply, demand and (total marketcap)/(total coins in circulation) determines the price.

But "How is the initial price determined when the coin is introduced to the market initially?"

And also, there is NO ICO. So no initial money backing. Imagine that the coin is only distributed by airdrop and mining.

Thank you
7  Alternate cryptocurrencies / Altcoin Discussion / Re: How are cryptocurrencies priced? on: August 28, 2017, 11:20:49 AM
crypto are priced by speculation. speculation is based on the potential of coin or amount of money collected in ICO

ohh.. I somewhat understood thats the case for ICO based tokens.

But my doubt is: "When there is no ICO(coins are distributed through airdrop and mining), how is it's initial price decided?"
8  Alternate cryptocurrencies / Altcoin Discussion / Re: How are cryptocurrencies priced? on: August 28, 2017, 09:56:46 AM
Total supply plays a part, as does mining difficulty, and also the faith that people have in the project.
If there is a huge supply, or mining is very easy, or (worst) people have no faith in it, then this would be reflected in a low price.
But yes, until a coin is tradeable then this is all just a guide. Ultimately the market determines the price.

Thanks for reply..

I understand "Total supply plays a part, as does mining difficulty, and also the faith that people have in the project." part.

But how is the actual price decided based on above criteria?
Who will determine the price? Exchange? Creator of coin? Miners? Users?

Is there any standard criteria?
Like:
  • Total supply should  be in range X,Y.
  • Mining difficulty should greater than Z.
  • Minimun number of votes are required to be listed on exchange at specific price
Huh
9  Alternate cryptocurrencies / Altcoin Discussion / Re: Hello Everyone on: August 28, 2017, 09:50:27 AM
Nice one..  Smiley
How can I get started with this?
10  Alternate cryptocurrencies / Altcoin Discussion / Re: What do you do to convert others into Crypto? on: August 28, 2017, 09:42:05 AM
For now. TAX free earning and investments.. just one reason for many to enter cryptos.. Grin Cheesy
11  Alternate cryptocurrencies / Altcoin Discussion / How are cryptocurrencies priced initially? on: August 28, 2017, 09:21:29 AM
Hi all,
I am new to cryptos and I have a very basic doubt(may be it is stupid) Huh

For the tokens and coins that had ICO or funding, the value/price of the coin will be backed by the money from ICO/funding.

But how are the coins like DeepOnion which only airdrop and mine the coins get their value?

I am confused.. How will the exchanges decide their price?

Thanks for explanation, in advance.. Grin
12  Alternate cryptocurrencies / Altcoin Discussion / Re: 3 months in. on: August 28, 2017, 09:12:27 AM
I started investing in cryptos 2 months ago..
But I donot have much to invest to invest in BTC, so started investing in different altcoins. And it worked(it seems to be). Currently waiting for the BTC dip. All the best for us all. Grin
13  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [XMG] MAGI | CPU mining | mPoW | mPoS | [MagiPay] on: August 28, 2017, 06:37:51 AM
I am also using http://pom.m-hash.com  . It went down for few days and then my entire data(workers, balance, transactions etc) is swept clean on the website. Good thing my auto payment limit is very small, i lost only few dozens on Magi. But still it hurts. Sad
14  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN]Fart Token [FRT] the World’s First Gas Backed ICO on: August 24, 2017, 10:02:13 AM
WHAT THE FART!!!
15  Alternate cryptocurrencies / Announcements (Altcoins) / Re: TOA Coin - your travel cryptocurrency on: August 24, 2017, 05:24:34 AM
This seems interesting..
What are the countries that TOA Coin supports?
16  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [AIRDROP] [SDRN] Senderon - ERC23 Project Funding Token on: August 24, 2017, 04:39:09 AM
Joined airdrop yesterday, but not received it beacuse I am not a Full Member.
Thats okay. Smiley
17  Local / India / Re: The Hyderabad Meetup group starts off as well! on: August 10, 2017, 11:02:22 AM
Any hyderabadis who can help me in the botcoin business?
Yeah, definitely.. If we know what business it is.
18  Alternate cryptocurrencies / Announcements (Altcoins) / Re: ⚡ [ANN] ⚡ DeepOnion TOR Integrated ⚡ No ICO 🚀 FREE Airdrops 🚀 3rd of 40 Rounds on: August 01, 2017, 12:41:29 PM
Joining airdrop now.. Am I too late..  Huh
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