Post
Topic
Board Announcements (Altcoins)
Re: [AMBER] X13 POW/POS| 10k AMBER=0,01% SHARES | BUY, HOLD & GET DIVIDENDS in BTC/$
by
devega
on 16/01/2016, 12:12:43 UTC
I don't understand why some shareholders choose Ambercoin at price 0,05$ (about 20k satoshi), while if they chose BTC, they could buy it more than twice cheaper...

First off you suck at math, 5 cents is like 13.5k satoshi at $370 per btc... There are only 3.2 btc worth of coins available at that price or lower. Anybody with $1200 in btc would buy out the entire cheap coins leaving all else paying more than 5 cent a share. That is the equivalent of 2.5% of people getting cheap shares, the other 97.5% (if reinvested) would pay more than 5¢ a share

I'm genuinely gonna laugh my ass off when one of you can't get the cheap amber you think you deserve

You are right, I took the 20k from the OP (but BTC was much cheaper this time); but 13,5k is still more than twice more expensive than current market price.
You say there is little Amber available at cheaper price - you are right, but the reason is that people stake coins and don't want to have coins at the exchange.
If anybody set 6-10k sat buy order wall, I'm sure it will be filled within a few hours...