Post
Topic
Board Announcements (Altcoins)
Re: [ANN][PSP] POSPRO - POW/POS - www.pospro.link
by
davide72
on 10/06/2016, 19:25:13 UTC
WHEN ARE DEVS GOING TO PAY BOUNTIES FOR TRANSLATIONS?! LOOKS LIKE THE ECD PARTICIPANTS DUMPED ALL THEIR COINS AND NOW PSP IS TRADING AT A WHOPPING 25 SATOSHI AT BLEUTRADE. THANKS POSPRO
Dev is making good roadmap! Let dump the coin, that is time to buy cheap Pospro!


If a coin is at 10 sat shortly after the launch then I wouldnd expect it to go anywhere...

Unless it's a coin that has had super amounts of hype or big money behind it that is very common. Ppl will start the bidding at super low amounts to see if they can snag coins early on in case dummies want to dump the second it gets listed. There's been very little trading volume because clearly people don't want to sell at that price. As of right now the ask price is 45 sat., and the last 10+ trades have been buy orders.

I know I'm an ECD so I am biased, but the facts speak for themselves: the price is rising and most of the super lowball bids didn't get filled. That sounds like a normal state of affairs for a new coin without a huge hype machine behind it. It will still go up, imo, but also -- this is primarily a staking coin so there's a big incentive to hold on to it rather than hike up the price for a big pump and dump.

IMO if you didn't buy up all the coins you could when it was trading at 10-25sat you missed a great opportunity.
true, but still big opportunity for people to get in for cheap coin!