MANA and SALT why 1bt?

[Coink Coink]

I don't understand how coins like MANA and SALT start trading at 1BTC
How is that possible?!

[haroldtee]

I don't understand how coins like MANA and SALT start trading at 1BTC
How is that possible?!

What do you mean by trading at 1 btc? Presently SALT is trading at 0.00063800 BTC and MANA is trading at 0.00000230 BTC, so I am not sure where you are getting 1BTC from except I just don't understand what you are driving at.
MANA - https://coinmarketcap.com/currencies/decentraland/
SALT - https://coinmarketcap.com/currencies/salt/

[Coink Coink]

I don't understand how coins like MANA and SALT start trading at 1BTC
How is that possible?!

What do you mean by trading at 1 btc? Presently SALT is trading at 0.00063800 BTC and MANA is trading at 0.00000230 BTC, so I am not sure we are you are getting 1BTC from except I just don't understand what you are driving at.

When MANA and SALT started trading on BITTREX, the price was 1bt.
See the graphs.

[iluvbtc]

SALT is going to be a monster. Collateralized crypto backed loans, first mover in this area. Due to regulations they had to obtain, there was no ICO. This is the coin I am loading up on at these levels. SALT going to make me crypto-rich.

[haroldtee]

I don't understand how coins like MANA and SALT start trading at 1BTC
How is that possible?!

What do you mean by trading at 1 btc? Presently SALT is trading at 0.00063800 BTC and MANA is trading at 0.00000230 BTC, so I am not sure where you are getting 1BTC from except I just don't understand what you are driving at.

When MANA and SALT started trading on BITTREX, the price was 1bt.
See the graphs.

Thanks a lot for pointing me to that, I did not check the charts at first and I just confirmed it. That must have been a pretty big and huge error looking at the gap and considering someone might be fast enough to trade at that amount.

However, knowing it is a new listing, which I have never really taken note of before, it is possible it might be a norm for newly listed coins before they regulate it to the current market value, which obviously wallets would have been disabled by then for deposits.