Yep, off of Cryptsy again. Will probably go up a few cents.
Haha, why would it go up? It can't even stay active on the exchange. What brilliant reasoning you have that:
the coins instability on the exchange will increase its value.Quaint reply. I'm basing my reasoning on the fact that the
coin doubled in price during the 24 hours that it was off Cryptsy and it went down when it came back. It's already showing signs of going back up, as a matter of fact.
Past performance is no indicator or guarantee of future performance. Furthermore how can the coin double in value while its not being traded? The value is determined when a buyer & seller agree on a price and a trade occurs. Until then the value is unknown.
I can sit here all day trying to sell my SBC for 1000 USD a coin. And when cryptsy opens back up, I can try to sell my coins for that much. Doesn't mean the value increased.