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Author Topic: 23 Skidoo (CHAO)  (Read 507 times)
felco (OP)
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June 24, 2017, 02:19:39 AM
 #1

https://www.cryptopia.co.nz/Exchange?market=CHAO_BTC

Can someone explain how can this be possible? Maybe I missing something but that seems wrong just wrong.
It is a common myth that Bitcoin is ruled by a majority of miners. This is not true. Bitcoin miners "vote" on the ordering of transactions, but that's all they do. They can't vote to change the network rules.
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FallingKnife
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June 28, 2017, 06:50:01 PM
 #2

What's wrong?

23 Skidoo is extremely rare. In 3 years of mining, only .25 has come into existence.

Nostr:
npub14wk4hrq6atlq020c7r6eyylpu9gjukyqzafzxu6u80unqfrplq9qhtx8sy
European Central Bank
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June 28, 2017, 08:39:43 PM
 #3

simple. you need to pay attention to coin supply. i can't believe how often this is overlooked. anyone can have a coin priced in thousands of bitcoin if there's only a fraction of one available. similarly you can have a market cap of trillions if you only sell one fraction of one coin for a hundred dollars.
Filmmmakerr
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June 28, 2017, 08:45:14 PM
 #4

I get the reason its high and all, but whats the point of the coin?

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June 28, 2017, 08:51:41 PM
 #5

I get the reason its high and all, but whats the point of the coin?

how many coins have a point? very few.

you can also look up 42 coin. the whole point is that there will only ever be 42 of them. er, that's it.
holden.commodore
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June 29, 2017, 01:36:37 AM
 #6

too bad only one exchange have pairs for this coin (cryptopia)
if gets deslisted, the coin ends.
There is no point,project,devs or enthusiasts for this coin, pure speculation.
loreRex
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June 29, 2017, 11:18:03 AM
 #7

I get the reason its high and all, but whats the point of the coin?

how many coins have a point? very few.

you can also look up 42 coin. the whole point is that there will only ever be 42 of them. er, that's it.

I didn't know about 42, very funny coin indeed!
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