Post
Topic
Board Announcements (Altcoins)
Re: [ANN]Magicoin MAGIC - The MagiCurrency | Swisscex (Contest 1 BTC and 25K+ MAGIC)
by
Magicoin
on 23/05/2014, 16:18:41 UTC
Guys, personally I don't care the price, don't care the volume, don't care the cap (for this moment Smiley). It's quite the right time for you guys to invest a bit BTC into this, as we do care about the development, do care about fundamental stuffs in support of this coin, do care about constructing a reputable community on it. Surely we are trying our best to get on "bigger" exchanges.

so you don't care about anything ?  Grin
*jk
btw, what makes coin price higher ?

In a short term, basically strong buy orders will push the price up. Strong buyers will eat a lot sell orders, which in part gives the buyers a signal that the coin is bright and going to rise. Consequently, more investors add into buy orders, pushing the price further up. In the long run, I would say supporters/community/solid works around the coin supports the price, after all people only invest coins having a brigh future, right?  Cheesy