Post
Topic
Board Altcoin Discussion
Re: Price of a coin < 1 satoshi, what can happen?
by
Grifosha
on 20/10/2018, 13:53:45 UTC
Imagine that a coin goes at a price < 1 satoshi, let's say 0.000001 USD for example.

- Does the exchange keep coins that have such a low value?
- Imagine that there is a lot of liquidity (like 800 Billions of this coin) what can be the consequences in the investor mind?

People could buy a lot of them. Or they could think it is crap.

What do you think about this scenario? I cannot find a coin that would be launched at a very very low value for example.

There are some coins that cost only a few DOGE. See exchanges with lots of currency pairs. For example the exchange YOBIT, on it you can find coins at a price of 0.0001 DOGE. Cheap coins have a higher likelihood of sharp growth.