Buying supercoin question

[rjclarke2000]

Hi all,

Being a noob I have a noob question.

I buy btc often and I own a lot of doge too. I have been reading up on supercoin and I am very interested in buying some.

I have been on allcoin.com and seen that the price to buy is

Price to buy per supercoin = 0.00004988 btc

Price to sell per supercoin = 0.00000200 btc

Why such a ridiculous difference??? The value of supercoin is not valued at the buy price on coinmarketcap etc so why so expensive to buy on allcoin?

I am in the uk if this makes any difference in case anyone suggests another trading site.


Go easy on the replies as I am still learning all this.

Thanks in advance.

[Febo]

I guess is low volume of trade. you should always if have chance go on exchange where is most volume. Let me find it for you.



Bittrex had yesterday $230 volume and it seems it is best exchange is best to trade this coin on. But unless you believe this coin fill some niche that none other coin does and have great future i would not invest in it, since daily volume is under 1 BTC. You will have big problems when you will want to pull BTC out of your investment.

[rjclarke2000]

I guess is low volume of trade. you should always if have chance go on exchange where is most volume. Let me find it for you.



Bittrex had yesterday $230 volume and it seems it is best exchange is best to trade this coin on. But unless you believe this coin fill some niche that none other coin does and have great future i would not invest in it, since daily volume is under 1 BTC. You will have big problems when you will want to pull BTC out of your investment.

Thanks for your help. I could not understand the huge difference in buy and sell values. I am always interested in investing new/ early crypto currencies and I have heard good things with regards to supercoin but maybe they are the bulls trying to push the price up!
Who knows

[Febo]

I guess is low volume of trade. you should always if have chance go on exchange where is most volume. Let me find it for you.



Bittrex had yesterday $230 volume and it seems it is best exchange is best to trade this coin on. But unless you believe this coin fill some niche that none other coin does and have great future i would not invest in it, since daily volume is under 1 BTC. You will have big problems when you will want to pull BTC out of your investment.

Thanks for your help. I could not understand the huge difference in buy and sell values. I am always interested in investing new/ early crypto currencies and I have heard good things with regards to supercoin but maybe they are the bulls trying to push the price up!
Who knows

Price is 20 times lower as was at end of June, when was also quite some volume. n first looks looks liek was pump and dump happening in middle of June. I am sure you can find some of SuperCoin threads from middle to end June on this forum and you will see what was the case.


word "early crypto currency" means nothing. I can make now bitcoin clone not giving anything new or better and is totally new. Will you buy it?