Quote from: CoinThinker on January 12, 2014, 12:04:22 AM

Quote from: sydeu on January 11, 2014, 11:52:40 PM

Quote from: CoinThinker on January 11, 2014, 11:44:35 PM

So guys, is the COYE myth over?

I think most definitely. Every one was expecting an exchange to appear, marketing that once an exchange will be available, COYE will hit 60 satoshi or more. As expected, after all a market appeared for COYE, and the BEST offer now for buying COYE is 5 satoshi/million... that is 0.05 BTC/ 1m COYE.

This is not exactly the best offer btw.: it is the SINGLE offer for anyone to buy COYE. As expected, those who were saying that once COYE will hit an exchange its value will drop to 0 were right.

You do realize that noone is selling for 1 satoshi and that big buyers and sellers dont trust this page right?

Well obviously you dont understand this. But hopefully i helped you understand a little better. If not, please sell as many millions as you like to me for 3 satoshi each!

I perfectly understand this, but in the same time NO ONE is buying either at the moment for higher price... and the market is down by people who BUY, not who dream about selling something at some unrealistic price. I am not saying that it might not go up a few satoshi more, BUT it was clear that after the exchange opened price went drastically down: from 0.2 BTC / 1m to 0.01 BTC/1m COYE.
So the market is sending a signal, and that signal is that people don't want to really invest in COYE. This has probably to do something with the fact also, that due to copyright issue it will never be accepted on THE exchange, which is cryptsy.

You are obviously trying to buy and just wants to lower the price so people are buying..