Post
Topic
Board Announcements (Altcoins)
Re: [ANN] Syscoin - Business on the Blockchain - Presale Started!
by
realestmofo
on 21/07/2014, 06:29:21 UTC

 a little worry about that SYS mined per day will be worth ~7.6btc .

 According to the statiscs from Poloniex , there are only XMR, CYC,XBC,BBR trade volume beyond 7.6 BTC. most of coin are less than 3 BTC.

 Especially the Viacoin only 3.5 BTC trade volume today.

 I prefer to mining syscoin rather than buy it.


Why would you only look at one exchange (and specifically PoloniEx)?

Bittrex has 23 coins with over 7 BTC trading volume at the moment.
Cryptsy has 14, Mintpal has 13...

If you look at CoinMarketCap.com you will find 50 coins that have traded at 7+ BTC in the last 24 hours.

Hope that helps...

It's the wrong thing to look at anyway.  Volume is just shares changing hands.  To keep miner-dumping from lowering the price, you need that much *new* money coming in every day.  Very few coins sustain 7.6 BTC in new investment per day, every day.



Why would all the miners dump everything for 7.6btc to people that will hold and reap all the money.  And after the first 15 days that drops to 3.81btc a day. No one is dumping that much on an exchange. Everyone be holding.