Quote from: TheHas on April 12, 2019, 06:08:11 AM

Quote from: CryptoCoinArbitrage on April 11, 2019, 11:17:50 PM

According to the CMC the traded volume of JSECoin in the last 24h was only $118. This is very low volume for a project to survive on the market.

Exactly. The price is hard to gauge when there is such low volume!

The guy with 91k of jse coin could probably collapse the entire market if he tried selling all at once.

There are plenty of miners, but not many people accepting jse coin as payment. So alot of downwards pressure on prices, with not alot of upwards pressure through utility.

There is a number of guys I know within the JSE community with over 250k JSE, we're not interested in crashing the market.

This project and the team are top notch, they're solving a real world problem with some cutting edge technology.