All the new coins

[gondel]

Hello,
My question is : How exactly all those new coins are going to the exchanges and even some people are paying real money for them as everybody knows most of them will surely die? Who is buying?
BR

[Amph]

the buyers are scammers also, because they wait for x2 price to dump, it's a scam fest

[Traffic4u]

Some buyers are gambling with their money, hope one day the price double or higher.
* I bought some dogecoins when it's new.

[EvilDave]

Don't forget the endless supply of clueless newbies who invest in the biggest green numbers on CMC, or who actually believe the most unlikely promises.

[SirChiko]

Don't forget the endless supply of clueless newbies who invest in the biggest green numbers on CMC, or who actually believe the most unlikely promises.

The only problem is that these green numbers were just a pump and they will see red sea (or red dildos) really soon wich results in loosing of their investment.

[gondel]

You mean that newbies are investing in new alts? There should be a guide for newbies where it is pointed that new altcoin are not the best way to invest... Newbies please do not pay for new shitcoin! You can try mining it if you have hardware and do it for fun and for hobby, but do not invest in such things..
BR

[MicroGuy]

You mean that newbies are investing in new alts? There should be a guide for newbies where it is pointed that new altcoin are not the best way to invest... Newbies please do not pay for new shitcoin! You can try mining it if you have hardware and do it for fun and for hobby, but do not invest in such things..
BR

I think a lot of the volume you see in these new coins is "artificial" and not coming from newbies. Buy coins with account #1 from account #2, Sell coins from account #1 to account #2, repeat as needed. This way new coins can achieve decent volume with the only cost being trading fees. Just a guess.