Post
Topic
Board Altcoin Discussion
Re: Price of a coin < 1 satoshi, what can happen?
by
judeafante
on 20/10/2018, 14:03:51 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.

If the coin goes down to that level then the coin has to turn into a shitcoin and if there are no development, then then it's a dead coin or the devs have left the development of the coin so you end up with a useless coin in your wallet, so it's better to always keep a watch for a coin that will drop to 1 satoshi it's a sure sign.