All posts made by Bellator in Bitcointalk.org's Wall Observer thread



1. Post 23512775 (copy this link) (by Bellator) (scraped on 2020-04-04_Sat_15.24h):

Quote from: Elwar on October 25, 2017, 09:51:56 AM
BTG is trading at 0.039 BTC on hitbtc.com  Huh

It should be 0. I don't see the value proposition with this one.....

Exchanges are probably given a percentage of the coins to put on their exchange along with the founders adding some coins for liquidity.

This gives it a price as people trade them for bitcoins slowly eating them up.

I agree, those coins must be funded on the exchange sites in order to be traded with a better buy and sell. That's what really affects the price as demand will eventually makes the price to rise even more of its current value, and the proof is now as we see the price of bitcoin surpassed the speculations of $5k and even reached higher up to $6k or even much higher value within several months to come. Whatever new coins to come for now, I think price might be the same with what other coins had gone through for so many trades and high or low fluctuations always showed no differences.