Post
Topic
Board Altcoin Discussion
Re: r0ach's Cryptomarkets Watch & Scamcoin Observer
by
Spoetnik
on 29/06/2016, 02:48:53 UTC
Trades on exchanges do not result in coins moving on the blockchain.  The exchange just credits a different account with the IOU for that coin.

Never said they did.
But a coin with that much trading volume should have some utility use, which the low transactions indicates it does not.
Which means the Trading Volume is being faked.

 Cool

Or that people are leaving the coins on Polo as a wallet because they don't want to deal with A CLI.

Then how much "utility" are Monero's having if they are sitting on Poloniex ?  Wink