Bitcoin Forum
June 19, 2024, 01:21:06 PM *
News: Voting for pizza day contest
 
   Home   Help Search Login Register More  
Pages: [1] 2 »  All
  Print  
Author Topic: Price of a coin < 1 satoshi, what can happen?  (Read 180 times)
TheWolf666 (OP)
Full Member
***
Offline Offline

Activity: 615
Merit: 154


CEO of Metaisland.gg and W.O.K Corp


View Profile WWW
October 20, 2018, 01:46:04 PM
 #1

Imagine that a coin goes at a price < 1 satoshi, let's say 0.000001 USD for example.

- Does the exchange keep coins that have such a low value?
- Imagine that there is a lot of liquidity (like 800 Billions of this coin) what can be the consequences in the investor mind?

People could buy a lot of them. Or they could think it is crap.

What do you think about this scenario? I cannot find a coin that would be launched at a very very low value for example.

Perkovic
Jr. Member
*
Offline Offline

Activity: 154
Merit: 1


View Profile
October 20, 2018, 01:48:54 PM
 #2

I remember Pac coin and when he was worth 1 satoshi everyone wanted to buy him because if he grows up, this would increase his investment in x2. then hardfork happened and the inventory lost a lot of money

inMIN.it TIME BASED CRYPTOCURRENCY██
ICO Pre-Sale : October, 2018 ██
TheWolf666 (OP)
Full Member
***
Offline Offline

Activity: 615
Merit: 154


CEO of Metaisland.gg and W.O.K Corp


View Profile WWW
October 20, 2018, 01:50:56 PM
 #3

I remember Pac coin and when he was worth 1 satoshi everyone wanted to buy him because if he grows up, this would increase his investment in x2. then hardfork happened and the inventory lost a lot of money

It was still listed and traded?

Grifosha
Jr. Member
*
Offline Offline

Activity: 350
Merit: 4

Revolutionising Marketing and Loyalty


View Profile
October 20, 2018, 01:53:45 PM
 #4

Imagine that a coin goes at a price < 1 satoshi, let's say 0.000001 USD for example.

- Does the exchange keep coins that have such a low value?
- Imagine that there is a lot of liquidity (like 800 Billions of this coin) what can be the consequences in the investor mind?

People could buy a lot of them. Or they could think it is crap.

What do you think about this scenario? I cannot find a coin that would be launched at a very very low value for example.

There are some coins that cost only a few DOGE. See exchanges with lots of currency pairs. For example the exchange YOBIT, on it you can find coins at a price of 0.0001 DOGE. Cheap coins have a higher likelihood of sharp growth.
mistersehmuz
Member
**
Offline Offline

Activity: 294
Merit: 27


View Profile
October 20, 2018, 01:59:58 PM
 #5

I think we should not invest such tokens. If you aim to get some profit in the short term you may invest in those tokens. But after a few months or years, these tokens will all disappear.
batang_bitcoin
Hero Member
*****
Offline Offline

Activity: 3010
Merit: 600


View Profile
October 20, 2018, 02:02:10 PM
 #6

I remember Pac coin and when he was worth 1 satoshi everyone wanted to buy him because if he grows up, this would increase his investment in x2. then hardfork happened and the inventory lost a lot of money
I remember that before their redemption I bought a lot of Pac coins and I thought it will double my investment.

But this is one of my saddest investment, after investing to it, I lost almost all my money there.

Got a lot Pac's and after the redemption, only hundreds were left and its value is even lower now.
judeafante
Sr. Member
****
Offline Offline

Activity: 2254
Merit: 258



View Profile
October 20, 2018, 02:03:51 PM
 #7

Imagine that a coin goes at a price < 1 satoshi, let's say 0.000001 USD for example.

- Does the exchange keep coins that have such a low value?
- Imagine that there is a lot of liquidity (like 800 Billions of this coin) what can be the consequences in the investor mind?

People could buy a lot of them. Or they could think it is crap.

What do you think about this scenario? I cannot find a coin that would be launched at a very very low value for example.

If the coin goes down to that level then the coin has to turn into a shitcoin and if there are no development, then then it's a dead coin or the devs have left the development of the coin so you end up with a useless coin in your wallet, so it's better to always keep a watch for a coin that will drop to 1 satoshi it's a sure sign.

██▄     ▄▄░
▀██▄ ▄██▀
▄▄███████████████████▄▄
▄█████▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀█████▄
████▀                   ▀████
████       ▄▄█████▄▄  ▀▄   ████
████      ▄██████████▄▀    ████
████      ████████▀▀       ████
████  ▄▀ ▄██▀▀▀   ▄██      ████
████   ▀▀     ▄▄███▀       ████
████▄                   ▄████
▀█████▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄█████▀
▀▀███████████████████▀▀
.
SECONDLIVE
.
CHOOSE LIFE      CHOOSE SPACE      CHOOSE FRIENDS
.
|    Twitter    |  Telegram  |   Medium   |  YouTube  |   Discord   |    TikTok    |    GitHub    |
▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄
   S T A K E   L I T T L E   W I N   B I G   
▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄
        ▄▄███████▄▄▄
    ▄▄████████████████▄▄
   ████████████████████▄
  ███████▀▀▀█████████████
 ██████▌     ▀████████████
███████▀ ▀▀▄▄██▀▀▀█████████
██████             ▀███████
██████▄             ███████
 ███████▄▄        ▄███████
  ███████████▄▄▄▄█████████
   ▀███████████████████▀
     ▀████████████████▀▀
   ██████████████████████
mahilchii
Member
**
Offline Offline

Activity: 560
Merit: 13


View Profile
October 20, 2018, 02:06:47 PM
 #8

I think we should not invest such tokens. If you aim to get some profit in the short term you may invest in those tokens. But after a few months or years, these tokens will all disappear.

Yes these stuff causes some serious problems in cryptocurrency. They will start like they are rocking and the marketing will be a loud sound and finally they will disappear. This is the reason investors lose trust.

TheWolf666 (OP)
Full Member
***
Offline Offline

Activity: 615
Merit: 154


CEO of Metaisland.gg and W.O.K Corp


View Profile WWW
October 20, 2018, 02:07:54 PM
 #9

But what if the coin is developed, it is just that there are a lot of coin printed like hundred Billions so that's why the value of 1 coin is low.


Imagine that a coin goes at a price < 1 satoshi, let's say 0.000001 USD for example.

- Does the exchange keep coins that have such a low value?
- Imagine that there is a lot of liquidity (like 800 Billions of this coin) what can be the consequences in the investor mind?

People could buy a lot of them. Or they could think it is crap.

What do you think about this scenario? I cannot find a coin that would be launched at a very very low value for example.

If the coin goes down to that level then the coin has to turn into a shitcoin and if there are no development, then then it's a dead coin or the devs have left the development of the coin so you end up with a useless coin in your wallet, so it's better to always keep a watch for a coin that will drop to 1 satoshi it's a sure sign.

JSRAW
Legendary
*
Offline Offline

Activity: 2198
Merit: 1541



View Profile
October 22, 2018, 10:34:53 PM
 #10

Make no mistake, this kind of coins can rip you off sometimes. i got in one trade "SPRTS " when I was new in crypto thinking exactly the same and end up with a big amount of tokens and guess what? 9 months i guess and still counting to hit 1 sats lol, in the real world that's a deadline for delivering a baby but here it can backfire.

.
OFFICIAL
PARTNERS
2022/23
    █ ▄█       ▄▀ ▄▀▀
  █▐▌▌▌▌      ▄▀ █▀▄▀
  ▀█▄▀▌▀▄    ▌█▄███▀
  ▀█▀█▄▀ ▀▄▄▐██▀▄█
    ▀▄███▄▄▀▄▀▌▐▀
  ▄  ▄▀▀█▄▄▀▄▀▄█
   ▀▀████▄▄▀ ▄▄▄▀▄
 ▄
  ▀▀▀▄▀▀▄█▄█▀ █▀    ▄
▐█▌
       █▄█▄       ▐█▌
▐█▌██▄ ▄▄
▄██▄▄▄ ▄██▐█▌
▄▄▄▄▄▄ ███▀██▀███ ▄▄▄▄▄▄
▐████████▄▄▄▄▄▄████████▌
 ▀▄█▄
▀▀▀██████▀▀▀ ▄█▄▀
███████████████████████████
███████████████████████████
███████████████████████████
█████████▀▀██▀██▀▀█████████
█████████████▄█████████████
███████████████████████
████████████████████████
████████████▄█▄█████████
████████▀▀███████████
██████████████████
▀███████████████████▀
▀███████████████▀
▀▀▀█████▀▀▀
▄▄▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄▄▄
    ▄ ▄ ▄▄▄    ▄     █
   ▄███████▄ ▀██▄   █
█  ▄███▄ ▄▄█▄▄███▄  █
  ▄▀▀▀▀▄▀▀▄▄█▀▄▄▄▄  █
  ▄████ █ ▀ █ ████▄  █
  ▀████ ▄▄▄▄▀  █
█   ▄▀▀▄█▄█▄█▄█▄█▀ ▀  █
█  ▀ ▀▀▄██ ██▄▀▀ ▀  █
▀▄ █▀▀▀ █▄█ ▀▀▀█ ▄▀
▀▄ ▀████▄▄▄▄▄████▀ ▄▀
▀▄▄  ▀▀▀▀▀▀▀  ▄▄▀
▀▀▀▄▄▄▄▄▀▀▀
.
CRYSTAL PALACE FC
BURNLEY FC
HUDDERSFIELD TOWN   
.
.PLAY NOW.
DeltaX
Sr. Member
****
Offline Offline

Activity: 644
Merit: 250


View Profile
October 22, 2018, 10:38:16 PM
 #11

I remember Pac coin and when he was worth 1 satoshi everyone wanted to buy him because if he grows up, this would increase his investment in x2. then hardfork happened and the inventory lost a lot of money

It was still listed and traded?
It's still traded right now https://coinmarketcap.com/currencies/paccoin/
This time it's worth 34 satoshi for each paccoin. Does it make sense to see there was a lot of people are loosing a lot of money on this one? They will not until they have been buying their paccoin at peak price.
dablatair
Member
**
Offline Offline

Activity: 324
Merit: 15


View Profile
October 22, 2018, 10:39:31 PM
 #12

Hello,

This kind of coin could easily stay like dead coin if there is no more development or interest of it. With time exchange will surely delist them.

For a few ones some buy them because they expected a fast x... due to the low price but it os really dangerous to invest because of the uncertain future.
TheCrimsonFucker
Sr. Member
****
Offline Offline

Activity: 617
Merit: 251


View Profile
October 22, 2018, 10:41:35 PM
 #13

The reason to justify a project with a price below 8 houses is its supply, and even then, it must be a new project with few people involved or too much inflation.
ezbreezy08
Member
**
Offline Offline

Activity: 168
Merit: 10


View Profile
October 22, 2018, 10:53:22 PM
 #14

Actually the satoshi Value could grow more exponentially. If that 0.00000001 $1 then bitcoin price will be $100,000,000 per btc? Is this really going to happen? Possibly Yes but I think we can Quantillion marketcap. Lol but looks like that will be 100 yrs from now.
arjuna BTC
Sr. Member
****
Offline Offline

Activity: 994
Merit: 250


BabelFish - FISH Token Sale at Sovryn


View Profile
October 22, 2018, 11:05:18 PM
 #15

its depends on the team and their community
if their team serious, i think the price should grow up in the future,,
but if not, maybe the coin will be a dead coin or become shitcoin

.
USD Stablecoin Aggregator
                                              ▄███████
                                            ▄█▀▄█████▀
              ▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄      █▀▄███████
          ▄▄████████████████▄▄▀▀██████▄   ▄█ ███████
  ▄     ▄██▀▀▀▀█████████▄▀██████▄▄▀▀████  █████████▀
▄███▄ ▄███ █▀▀█ █████████▄█▀████████▄▄▀▀███████████
██ ▀███▀ █▄▀▀▀▀▄███ ██▀████▄▀████████▀███████████▀▀
██  ███████████████ ██ █████ ███▀▀▄▄▄██████████████
██▄██▀█████████████ ███ ███  ▄▄▄█████▀██▀▀█████████
 ▀█▀   ▀████████▀▀▄██▀ ▀▀▄▄██▄▄▀██▀▄▄██    ████████▄
         ▀█████▄█▀▀▀▄█████████▀▄▄▄███▀      ▀███████
               ▀▀▀███████████▄▄████▀          ██████▄
                                               ▀▀█████
BabelFish███████▄
▀█████▄▀█▄
 ███████▄▀█      ▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄
  ███████ █▄   ▄██████▀▀▄▄████████████████▄▄
  ▀█████████  ████▀▀▄▄██████▀▄█████████▀▀▀▀██▄     ▄
   ███████████▀▀▄▄████████▀█▄█████████ █▀▀█ ███▄ ▄███▄
   ▀▀███████████▀████████▀▄████▀██ ███▄▀▀▀▀▄█ ▀███▀ ██
   ██████████████▄▄▄▀▀███ █████ ██ ███████████████  ██
   █████████▀▀██▀█████▄▄▄  ███ ███ █████████████▀██▄██
  ▄████████    ██▄▄▀██▀▄▄██▄▄▀▀ ▀██▄▀▀████████▀   ▀█▀
  ███████▀      ▀███▄▄▄▀█████████▄▀▀▀█▄█████▀
 ▄██████          ▀████▄▄████████████▀▀
█████▀▀
.
FISH token sale at Sovryn
████████████████████████████
████████████████████████████
████████████████████████████
████████▀▀▄██████▄▀▀████████
███████  ▀        ▀  ███████
██████                ██████
█████▌   ███    ███   ▐█████
█████▌   ▀▀▀    ▀▀▀   ▐█████
██████                ██████
███████▄  ▀██████▀  ▄███████
████████████████████████████
████████████████████████████
████████████████████████████
████████████████████████████
████████████████████████████
████████████████████████████
█████████████████▀▀  ███████
█████████████▀▀      ███████
█████████▀▀   ▄▄     ███████
█████▀▀    ▄█▀▀     ████████
█████████ █▀        ████████
█████████ █ ▄███▄   ████████
██████████████████▄▄████████
████████████████████████████
████████████████████████████
████████████████████████████
Febo
Legendary
*
Offline Offline

Activity: 2730
Merit: 1288



View Profile
October 23, 2018, 12:23:56 AM
 #16

Imagine that a coin goes at a price < 1 satoshi, let's say 0.000001 USD for example.

- Does the exchange keep coins that have such a low value?
- Imagine that there is a lot of liquidity (like 800 Billions of this coin) what can be the consequences in the investor mind?

People could buy a lot of them. Or they could think it is crap.

What do you think about this scenario? I cannot find a coin that would be launched at a very very low value for example.

Those coins then pumps really well.  Bytecon and Verge was like 1 satoshi. And then pump and manipulation started.
Wiceilia220
Newbie
*
Offline Offline

Activity: 8
Merit: 0


View Profile
October 25, 2018, 02:10:31 PM
 #17

These forms of tokens tends to lose money very easily. Even if it gives some initail returns, it is most likely the token will lose its value fast.
Soaveth541
Newbie
*
Offline Offline

Activity: 8
Merit: 0


View Profile
October 25, 2018, 02:10:50 PM
 #18

The coin that is worth less than 1 satoshi there is a greater probabilty of loosing its value and ultimately loosing it money. So at that point the volume doesn't matter.
Abohadan331
Newbie
*
Offline Offline

Activity: 8
Merit: 0


View Profile
October 25, 2018, 02:11:07 PM
 #19

If a coin falls below that much, it is very much probable that it is going to be dead soon. It means the coin has lost its value and now its a lost cause. The number, 800 billion, is just an inflation.
Ibeild441
Newbie
*
Offline Offline

Activity: 8
Merit: 0


View Profile
October 25, 2018, 02:16:35 PM
 #20

If the price of a coin falls that much, it would be very difficult to bounce back. Probably it will lose its value and be dead. Investment in that coin will be useless.
Pages: [1] 2 »  All
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!