Post
Topic
Board Announcements (Altcoins)
Re: ⟳ [CAPT] CAPTcoin - The best distributed PoS: 4,873 unique addresses in 18 days!
by
EcuaMobi
on 12/08/2014, 17:27:08 UTC
the problem is exchanges like coinswap, a lot of their general members are there for 1 reason to flip coins and get BTC quick, a lot of uneducated people who have no idea about currency trading trade there, you can tell by watching markets for any coins, even BTC and LTC. how low they are willing to sell coins for,. It is abundantly clear how very uneducated the traders really are that are members of coinswap.

The good thing about unprofessional exchanges like coinswap is simple, for people like me who have been trading on Forex for years and have a lot of experience in  currency markets, we can gain really well. because I noticed how uneducated +aaron_really was when he stupidly said CAPTcoin was 100% premined, and failed to realize thisb coind was a POS coin, so For that reason I would gladly buy up all the CAPTcoins i can off that site, because as the price lowers the idiots trading on coinswap are going to devalue the coin intheir minds and drop its price so low we may be lucky enough to buy them for under 800 satoshi per coin. Since none of them have investigated the coin they have bad mouthed and have no research backing up their accusations, i will gladly buy them up, The unfortunate tuyhiing is buying coins on coinswap will not help or hurt its value,coinswap is not a good enough exchange to make an impact on the value of any coin right now. basically they have no power, because much like they feel our CAPTcoin is useless, thats exactly what all the exchanges and real time markets feel about them.

You're absolutely right.

Regarding people who are there just to dump the coins for BTC, the advantage of CAPTcoin is that the supply is very limited, so they won't be able to do that for long.
After the dumpers run out of coins, the prices will rise a lot.

Something good happening now is that the volume on CoinSwap is increasing fast and the gap between buy orders and sells orders is very small now, while the great majority of trades are buys.

That means the volume will continue to grow and we'll see an organic rise in the price. That's the kind of price rise that lasts.

Even if CoinSwap can't make a huge impact, being the top-traded coin there will open the doors for BitTrex, Cryptsy and others.
The volume and price will continue to grow on bigger exchanges in the near future.