Post
Topic
Board Tokens (Altcoins)
Re: [ANN][Airdrop][Giveaway] | EOS GOLD - EOSG | Wide Community Adopting EOS
by
Denton
on 23/11/2017, 04:05:28 UTC
Bought some tokens.. they are very cheap now. Hope price will increace soon, when devs will made whitepaper and listing to new exchanges  Cheesy
A large amount of supply makes the price of this coin very cheap in the market. This can be seen from the distribution that each participant gets 40,000 coins. this is a huge amount. I have the same hope with you.
Large supply isn't always making coin prices so cheap, but the problem is everyone have it with huge amount, so there will be massive sale happen. Especially when the price drops by degrees that makes people rush to sell it and make this coin worthless.
but the amount of supply is the most important thing to determine the price of coins on the market. Apparently many people who have weak hands and sell their coins with a very cheap price. If the price of this coin rises a little will happen big sellers big so that the price of this coin does not rise.

Nope, price is a function of supply and demand. Why leave on part out of the equation and sell it as new economic theory?