placebo
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June 22, 2014, 08:29:00 AM |
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Last trade 1500 satoshi. Wow ![Shocked](https://bitcointalk.org/Smileys/default/shocked.gif) Is that high? Well for a coin only 2 days old, yeah Someone want to have some cheap coins ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) There is a nice sell order at 1000sats, most likely when of those mining farms that want to dump his coins. 0.00001000 x 6,000,000 = 60BTC, mmm, that doesn't seems really too high, isn't it? A lot of coins have marketcaps of more then 200BTCs.
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placebo
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June 22, 2014, 08:31:18 AM |
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Can someone calculate how much electricty the mining farms have been using to mine this coin? Based on this we know what they really need to trade at to make any profit.
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CoinManiac
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
June 22, 2014, 08:31:38 AM |
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Last trade 1500 satoshi. Wow ![Shocked](https://bitcointalk.org/Smileys/default/shocked.gif) Is that high? Well for a coin only 2 days old, yeah Someone want to have some cheap coins ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) There is a nice sell order at 1000sats, most likely when of those mining farms that want to dump his coins. 0.00001000 x 6,000,000 = 60BTC, mmm, that doesn't seems really too high, isn't it? A lot of coins have marketcaps of more then 200BTCs. So, what should be ideal price according to you
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NEM NXT NXTL NEX
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placebo
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June 22, 2014, 08:37:31 AM |
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Last trade 1500 satoshi. Wow ![Shocked](https://bitcointalk.org/Smileys/default/shocked.gif) Is that high? Well for a coin only 2 days old, yeah Someone want to have some cheap coins ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) There is a nice sell order at 1000sats, most likely when of those mining farms that want to dump his coins. 0.00001000 x 6,000,000 = 60BTC, mmm, that doesn't seems really too high, isn't it? A lot of coins have marketcaps of more then 200BTCs. So, what should be ideal price according to you I've no clue. Look at VOOT it was trading at 80 sats and hit 1800 sats. Look at PC, SUMMER, SUPER. They all had marketcaps below $100K and now they are trading a lot higher. I believe based on the hashrate, on the number of people following the coin, etc. I think OTC can have a marketcap of at least $50K so that should give us 83 BTC or so. I take the low end, as i believe that we can trade above $100k one day.
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placebo
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June 22, 2014, 08:38:34 AM |
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Last trade 1500 satoshi. Wow ![Shocked](https://bitcointalk.org/Smileys/default/shocked.gif) Is that high? Well for a coin only 2 days old, yeah What if we were trading now on Bittrex ![Wink](https://bitcointalk.org/Smileys/default/wink.gif)
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placebo
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June 22, 2014, 08:41:16 AM |
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![Shocked](https://bitcointalk.org/Smileys/default/shocked.gif) People are selling at 580 sats??? That guy that bought will be pretty happy ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif)
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placebo
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June 22, 2014, 08:53:07 AM |
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We are almost the most heavy traded coin on Allcoin, only a few buys and we are on top of the list.
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placebo
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June 22, 2014, 09:03:29 AM |
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Dedicatedpool again have problems, people cannot connect to their site as it is always unavailable, that is why the hashrate is a little lower now.
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iru786
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June 22, 2014, 09:24:37 AM |
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Coin-miners has issues? I am connected to it but its not accepting any shares... just keep getting info on new blocks
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placebo
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June 22, 2014, 09:37:24 AM |
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Already 1.37BTC traded, not too bad, not too bad. https://www.allcoin.com/trade/OTC_BTCGet on selling your coins on allcoin, I WILL BUY and wait a few extra days till it hit Bittrex :d
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SeaSoul
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June 22, 2014, 09:52:48 AM |
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lol ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) Buy for 1500 satoshi? I think now selling only IPO investors
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scorpio18
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Admin of CoinMiners Pools
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June 22, 2014, 09:56:52 AM |
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Coin-miners has issues? I am connected to it but its not accepting any shares... just keep getting info on new blocks
Try now , i have lowered the difficulty ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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placebo
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June 22, 2014, 10:16:31 AM |
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lol ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) Buy for 1500 satoshi? I think now selling only IPO investors I think IPO owners cannot sell at 500sats as they will not make any profit. They have to wait for a lot higher price.
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SeaSoul
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June 22, 2014, 10:51:52 AM |
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lol ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) Buy for 1500 satoshi? I think now selling only IPO investors I think IPO owners cannot sell at 500sats as they will not make any profit. They have to wait for a lot higher price. Maybe
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Amph
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June 22, 2014, 10:58:50 AM |
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lol ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) Buy for 1500 satoshi? I think now selling only IPO investors I think IPO owners cannot sell at 500sats as they will not make any profit. They have to wait for a lot higher price. Maybe they will wait for 1k at best, x2 is a good profit , probably slightly less like 800-999
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placebo
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June 22, 2014, 11:46:43 AM |
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lol ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) Buy for 1500 satoshi? I think now selling only IPO investors I think IPO owners cannot sell at 500sats as they will not make any profit. They have to wait for a lot higher price. Maybe they will wait for 1k at best, x2 is a good profit , probably slightly less like 800-999 You never know... a lot of things happens with coins, sometimes i tell myself, WHAT, is this coin trading that high, this is bul....., and sometimes i'm saying great coin and it is trading like nothing.
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mine big alts
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June 22, 2014, 11:50:56 AM |
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i dont understand this part of the op: MORE THEN 1000 PEOPLE MINING OTC!!! otc means "ovet the counter" what does that have to do with mining? and how can you know how many people are buying / mining? it could all be just one guy with tor browser? not trying to fud, i am realy trying to understand, i can always learn new things ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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placebo
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June 22, 2014, 11:59:39 AM |
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i dont understand this part of the op: MORE THEN 1000 PEOPLE MINING OTC!!! otc means "ovet the counter" what does that have to do with mining? and how can you know how many people are buying / mining? it could all be just one guy with tor browser? not trying to fud, i am realy trying to understand, i can always learn new things ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) It means that there were more then 1800 workers (in fact), and close to 1000 real miners, but that was yesterday, now it is a little less because of some more coins that were launched today.
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placebo
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June 22, 2014, 12:14:41 PM |
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WTB 500,000 OTC coins in blocks of 100,000 OTC for 300sats each. Please PM me.
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