Post
Topic
Board Announcements (Altcoins)
Re: 🚀 [ANN] ColossusCoinXT COLX - Coin Swap - Fair Launch, no ICO/ IPO! 🚀 Released
by
cryptocan
on 27/09/2017, 16:38:48 UTC
Doubting if i should swap or sell my CV2 and put buy order at 4 sat for COLX looking at the buy orders now...

You'd have to be insane to think anyone would sell COLX at 4 sat, but I'll be happy to watch you try. Cheesy

Seen it happen many times before. Even selling lower than the price of the original coin. As you can see there is as good as no demand. All the way down to 4 sat, in fact, if i should swap and sell my colx right away price would be 2 sat. The miserable launch will offcourse contribute to this. If there is one thing i learned from crypto it is that there seem to be many people that are selling at a loss. Wich offcourse is good for people like me.

actually I think you might be able to buy at first at lower prices, though you should be able to buy at 2 sat to be the same as buying cv2 at 4 sat now,  we will see the biggest rise in the price towards the end of the swap or after that when the extra coins are burnt and people start to buy and lock the coins in the master nodes, thats a market basic, demand goes up and the supply decrease and the price naturally rise.