And the demand? It's artificial demand
FTC and CHN/CNC are now trading around the same value, i don't see .003 being possible there's only so many people interested in new alts so the amount is going to even them all out. or so it seems
If YAC goes above FTC's market cap - which is easily possible, since the coins tend to spike right after hitting exchanges - we will easily see 0.003. I'm not sure why people think it's so unlikely.
Um, because it's already sitting at .0009? Supply and demand. The supply is retarded. Millions of coins out there, already...
There was well over 3 million FeatherCoins in circulation when it hit .004.
You're not thinking this clearly.
Feathercoin was the first of the recent pump&dump coins. People were actually fooled into believing it could take LTC's place.
CNC was when people started being aware of pump&dump coins, that's when CNC's value never reached FTC's.
And yak? The finest example of the last of a dying breed of pump&dump coin bubbles... It will never reach 0.0015 btc ^_^ And many people will be stuck holding worthless coins.
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I will buy some yaks
