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Kidsid63 (OP)
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October 04, 2020, 09:01:08 PM
 #1

I noticed on coinbase and coingecko the price is listed now at .005, but on sumcoin website it's listed still at 152. Anyone know what's going on with sumcoin.
passwordnow
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October 04, 2020, 09:42:07 PM
 #2

I noticed on coinbase and coingecko the price is listed now at .005, but on sumcoin website it's listed still at 152. Anyone know what's going on with sumcoin.
We don't get to see exactly the same prices from trackers and exchanges. I don't know what's happening with it but looking to trackers and charts, the volume dropped and there's almost no 24-hour volume. I've checked it on two trackers, coinmarketcap and coingecko.
https://coinmarketcap.com/currencies/sumcoin/
https://www.coingecko.com/en/coins/sumcoin

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krisnajsadrak
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October 04, 2020, 09:58:12 PM
 #3

I noticed on coinbase and coingecko the price is listed now at .005, but on sumcoin website it's listed still at 152. Anyone know what's going on with sumcoin.

i think sumcoin website is late to updates the price mate,,
just look at the price chart on coinmarketcap,, the price dump very hard from $151 to $0,005
becareful buddy

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October 04, 2020, 10:09:42 PM
 #4

I noticed on coinbase and coingecko the price is listed now at .005, but on sumcoin website it's listed still at 152. Anyone know what's going on with sumcoin.

i think sumcoin website is late to updates the price mate,,
just look at the price chart on coinmarketcap,, the price dump very hard from $151 to $0,005
becareful buddy

I think they will not update the real price because it will not look good on their coin. So it is better to look at third party sites like CMC or coingecko. That's a hard dump though. Don't think it will recover. That's the start of their end here in crypto. Seems their devs are enjoying their pocketed money from their dump.
Kidsid63 (OP)
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October 04, 2020, 10:17:21 PM
 #5

It's a loss but i didn't buy any just mined the coin, so the loss was some electrical cost from mining but not much like $100 in two months.
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October 04, 2020, 10:20:37 PM
 #6

I noticed on coinbase and coingecko the price is listed now at .005, but on sumcoin website it's listed still at 152. Anyone know what's going on with sumcoin.

i think sumcoin website is late to updates the price mate,,
just look at the price chart on coinmarketcap,, the price dump very hard from $151 to $0,005
becareful buddy

That's too huge percentage of price drop, and we must not trust completely on this current behavior. It's very important to determine what's behind on this cryptocurrency, there could be a possible exit scam or a whale whose controlling the price of this coin. If there's a chance to pull out your holdings, then doing it so is very important.


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passwordnow
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October 04, 2020, 11:27:07 PM
 #7

It's a loss but i didn't buy any just mined the coin, so the loss was some electrical cost from mining but not much like $100 in two months.
It seems still ok for you and that's a good reaction for you. Just learn from it and if you just mined it, there's not that much to lose except to what you've said which can be covered by other sources of income that you have. There's a sudden dump that just happened.
Why you didn't sell when the price was good?

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Kidsid63 (OP)
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October 04, 2020, 11:35:13 PM
 #8

It wasn't on some of the major exchanges and the ones it was listed on the transfer function wan't operational
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November 12, 2020, 05:42:36 AM
 #9

Just follow the original scam here https://bitcointalk.org/index.php?topic=5162419
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November 12, 2020, 07:26:36 AM
 #10

Basically, the project is faking their price in the website to fool investors into thinking that they have a pretty healthy market when in fact it is dying. You should stay away from especially that this dumped hard.
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