Post
Topic
Board Announcements (Altcoins)
Re: [ANN] [ZEIT] ★ZeitCoin★ COMMUNITY [FULLY POS | 20%] [ZEIT KNIGHTS]
by
atronite
on 27/02/2015, 23:55:12 UTC
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Proof of ZeitKnight

Name:       Atronite
Address   MmnvgYGGmSFDwRRU1PwwPfbZfaEctPL98B      
Balance   298,543,434.324307 ZEIT   
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#17 on the rich list  Shocked


Now we just need to get to $1.00/Zeit and we're set  Wink

Well then I guess I can sell all of mine to you for a penny per zeit and then you can make over 100 fold return on your investment. It's a great deal, right? Cheesy

Atronite your right but I guess no one here would buy your coins for even 2000$!
If I look at cryptsy I can't believe that the coin even gets worth 0.0001$.
It's to easy to manipulate the price because of the extremely small volume.




For $2000 i could spike the price to 10x it's current value if i wanted to, but then it would take forever to unwind my position. In fact, I'm pretty sure it would take only 5 BTC to fill every buy AND sell order on cryptsy and empty the markets.

A BTC pairing would help things a little bit, but we need both higher volume and higher prices to convince Crypsy that we even deserve it. As things stand now, we'd end up trading between 1 and 2 satoshi.