Quote from: pixelated on July 10, 2017, 08:56:07 PM

@Vivisector999 : I see. In that case why do some altcoins start with a higher price initially? If all is in the hands of exchange(s) based on the supply/ demand then who determines the price on day 0?

PS: Do you mind if even PM you sometime?

It's pretty hard to find out how new coins get added on exchanges like Poloniex, I've found no information regarding the procces that takes place when a new coin gets added.
My guess is that once a coin gets added, people just start offering it at prices they deem acceptable and the market adjusts itself after a few days/weeks/months of extreme volatility.

The people selling the first coins must have calculated the expected value beforehand, taking the supply in consideration. That's just what I would expect, so don't take my word on it...