>> (p.1)
    Author Topic: What determines the price of a currency, when it enters to the first exchange?  (Read 608 times)

    • SulmaINO (OP)
    Jr. Member
    *
    Offline Offline

    Activity: 58
    Merit: 10


    View Profile
    August 05, 2016, 12:55:03 AM
     #1
    I'm kinda new, and many times it happened to see that the first time they are on the market, worth (for example) 5000 Satoshi, and then, a few minutes, price decreases to 10 satoshi.
    Or happend the opposite thing.
    I think is because to:
    -The Dev or the Team (Of course)
    -The exchange
    -The interest of people
    -Or some alien reason?

    Any ideas?

  • ezehy2014
    Sr. Member
    ****
    Offline Offline

    Activity: 257
    Merit: 250


    View Profile
    August 05, 2016, 01:17:52 AM
     #2
    Quote from: SulmaINO on August 05, 2016, 12:55:03 AM
    I'm kinda new, and many times it happened to see that the first time they are on the market, worth (for example) 5000 Satoshi, and then, a few minutes, price decreases to 10 satoshi.
    Or happend the opposite thing.
    I think is because to:
    -The Dev or the Team (Of course)
    -The exchange
    -The interest of people
    -Or some alien reason?

    Any ideas?
    Well if an owner if a faucet leaves the earning at 2000 satoshi he/she may loss a lot money instead of gaining due to the fact that they earn only through advertisements so after getting traffic, they have to bid the amount down

  • franky1
    Legendary
    *
    Online Online

    Activity: 4676
    Merit: 5197



    View Profile
    August 05, 2016, 01:20:47 AM
     #3
    there are alot of things

    potential of price drop
    premined
    not advertised/hyped
    offers nothing new(features)
    unlimited or large amount of coin creation
    shows no real world use
    shows no online games, services or gambling

    potential of price increase
    no premine
    offer something new (features)
    scarce coin
    advertised/hyped
    shows real world use
    shows online games, services or gambling
    I DO NOT TRADE OR ACT AS ESCROW ON THIS FORUM EVER.
    Please do your own research & respect what is written here as both researched opinion & information gleaned from experience. many people replying with insults but no on-topic content substance, automatically are 'facepalmed' and yawned at

  • Pbitcoin
    Member
    **
    Offline Offline

    Activity: 112
    Merit: 10


    View Profile
    August 05, 2016, 01:27:04 AM
     #4
    Variable factors choose what the price will be and how it is effected is based on how much interest there is when it's first introduced to the open market. If people want to buy it up then it will boom if nobody cares for it when it shows up on the trading table then it is a bust. With trading exchanges there are winners and losers. No inbetweeners. Embarrassed
    ▄ ▀ ▄ ▀   LET'S THINK ABOUT THE FUTURE   ▀ ▄ ▀ ▄
    ●▬●▬●▬●▬●▬●▬●▬●▬●▬●▬●   WhyFuture.com   ●▬●▬●▬●▬●▬●▬●▬●▬●▬●▬●
    A Blog That Discusses About Artificial Intelligence, The Future, Ethics on AI, and more

  • Xester
    Hero Member
    *****
    Offline Offline

    Activity: 994
    Merit: 544



    View Profile
    August 05, 2016, 05:28:28 AM
     #5
    Quote from: Pbitcoin on August 05, 2016, 01:27:04 AM
    Variable factors choose what the price will be and how it is effected is based on how much interest there is when it's first introduced to the open market. If people want to buy it up then it will boom if nobody cares for it when it shows up on the trading table then it is a bust. With trading exchanges there are winners and losers. No inbetweeners. Embarrassed

    The price depends on the sell/ order and buy/bid in the market. So it all depends on the buyer and the seller. The movement of the buy and sell creates the price trend or the up and down of price. The price is always dependent on the market , without the market activities the value is zero. Thats why they say that saving your currency is bad to currency haha.

  • TastyChillySauce00
    Legendary
    *
    Offline Offline

    Activity: 3444
    Merit: 1042


    Leading Crypto Sports Betting & Casino Platform


    View Profile
    August 05, 2016, 05:36:02 AM
     #6
    i guess the coin's ICO would affect the market price but whether it'll be dumped or pumped it's depend on so many factor just like mentioned above by some people,and people's opinion really matter this way,just build a good opinion and your coin will be cost quite high
    ..Stake.com..   ▄████████████████████████████████████▄
       ██ ▄▄▄▄▄▄▄▄▄▄            ▄▄▄▄▄▄▄▄▄▄ ██  ▄████▄
       ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██  ██████
       ██ ██████████ ██      ██ ██████████ ██   ▀██▀
       ██ ██      ██ ██████  ██ ██      ██ ██    ██
       ██ ██████  ██ █████  ███ ██████  ██ ████▄ ██
       ██ █████  ███ ████  ████ █████  ███ ████████
       ██ ████  ████ ██████████ ████  ████ ████▀
       ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██
       ██            ▀▀▀▀▀▀▀▀▀▀            ██ 
       ▀█████████▀ ▄████████████▄ ▀█████████▀
      ▄▄▄▄▄▄▄▄▄▄▄▄███  ██  ██  ███▄▄▄▄▄▄▄▄▄▄▄▄
     ██████████████████████████████████████████    		▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄
    █  ▄▀▄             █▀▀█▀▄▄
    █  █▀█             █  ▐  ▐▌
    █       ▄██▄       █  ▌  █
    █     ▄██████▄     █  ▌ ▐▌
    █    ██████████    █ ▐  █
    █   ▐██████████▌   █ ▐ ▐▌
    █    ▀▀██████▀▀    █ ▌ █
    █     ▄▄▄██▄▄▄     █ ▌▐▌
    █                  █▐ █
    █                  █▐▐▌
    █                  █▐█
    ▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█
    ▄▄█████████▄▄
    ▄██▀▀▀▀█████▀▀▀▀██▄
    ▄█▀       ▐█▌       ▀█▄
    ██         ▐█▌         ██
    ████▄     ▄█████▄     ▄████
    ████████▄███████████▄████████
    ███▀    █████████████    ▀███
    ██       ███████████       ██
    ▀█▄       █████████       ▄█▀
    ▀█▄    ▄██▀▀▀▀▀▀▀██▄  ▄▄▄█▀
    ▀███████         ███████▀
    ▀█████▄       ▄█████▀
    ▀▀▀███▄▄▄███▀▀▀
    		..PLAY NOW..

  • Kakmakr
    Legendary
    *
    Offline Offline

    Activity: 3542
    Merit: 1966

    Leading Crypto Sports Betting & Casino Platform


    View Profile
    August 05, 2016, 06:10:34 AM
     #7
    The Bitcoin price is only one of the factors that influence faucet payouts. The faucet payout is in no way a indication of the Bitcoin price. If you want to check the Bitcoin price, go to preev.com. The faucet owner can increase or decrease his or her payout for any reason.

    If the faucet owner see that the advertisement income is low, he might adjust the payout to make up for his loss or to make a higher profit. ^smile^

    Some faucets adjust their price as the Bitcoin price goes up and down. Freebitco.in being one example of a faucet doing this on the fly.
    ..Stake.com..   ▄████████████████████████████████████▄
       ██ ▄▄▄▄▄▄▄▄▄▄            ▄▄▄▄▄▄▄▄▄▄ ██  ▄████▄
       ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██  ██████
       ██ ██████████ ██      ██ ██████████ ██   ▀██▀
       ██ ██      ██ ██████  ██ ██      ██ ██    ██
       ██ ██████  ██ █████  ███ ██████  ██ ████▄ ██
       ██ █████  ███ ████  ████ █████  ███ ████████
       ██ ████  ████ ██████████ ████  ████ ████▀
       ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██
       ██            ▀▀▀▀▀▀▀▀▀▀            ██ 
       ▀█████████▀ ▄████████████▄ ▀█████████▀
      ▄▄▄▄▄▄▄▄▄▄▄▄███  ██  ██  ███▄▄▄▄▄▄▄▄▄▄▄▄
     ██████████████████████████████████████████    		▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄
    █  ▄▀▄             █▀▀█▀▄▄
    █  █▀█             █  ▐  ▐▌
    █       ▄██▄       █  ▌  █
    █     ▄██████▄     █  ▌ ▐▌
    █    ██████████    █ ▐  █
    █   ▐██████████▌   █ ▐ ▐▌
    █    ▀▀██████▀▀    █ ▌ █
    █     ▄▄▄██▄▄▄     █ ▌▐▌
    █                  █▐ █
    █                  █▐▐▌
    █                  █▐█
    ▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█
    ▄▄█████████▄▄
    ▄██▀▀▀▀█████▀▀▀▀██▄
    ▄█▀       ▐█▌       ▀█▄
    ██         ▐█▌         ██
    ████▄     ▄█████▄     ▄████
    ████████▄███████████▄████████
    ███▀    █████████████    ▀███
    ██       ███████████       ██
    ▀█▄       █████████       ▄█▀
    ▀█▄    ▄██▀▀▀▀▀▀▀██▄  ▄▄▄█▀
    ▀███████         ███████▀
    ▀█████▄       ▄█████▀
    ▀▀▀███▄▄▄███▀▀▀
    		..PLAY NOW..

  • rphk
    Full Member
    ***
    Offline Offline

    Activity: 210
    Merit: 100



    View Profile
    August 05, 2016, 06:20:19 AM
     #8
    Depends on the market price of bitcoin  faucet site satoshi depends. If the bitcoin prices going high to adjust the profit level faucet owner decreases or increases the rate of claim . I have seen several sites like that ,it is  always constant.
    _____________________EBCOIN_____________________      █ █   WHITEPAPER  █ █     JOIN TOKEN SALE  >  Feb 1st, 2018 - Feb 14th, 2018
    The Best Gift for Travelers           ◢◢      Your Gateway to a $60 Billion Dollar Global Market      ◤◤
    ▬▬▬▬                FACEBOOK                 TWITTER                 SLACK                 MEDIUM                 TELEGRAM               ▬▬▬▬

  • mobnepal
    Legendary
    *
    Offline Offline

    Activity: 1218
    Merit: 1006


    View Profile
    August 05, 2016, 06:50:22 AM
     #9
    If you see such type of pump and dump on the first day than it means dev is scammer who who will keep dumping on every buy wall that is put on in exchanger. Therefore investing in coin that is only listed in small volume exchanger is very risky.

  • odolvlobo
    Legendary
    *
    Offline Offline

    Activity: 4746
    Merit: 3646



    View Profile
    August 05, 2016, 06:55:39 AM
     #10
    It is important to understand that there really is no "current" price.

    There are three prices -
    • "bid" price: the highest price someone is currently offering to pay for the item
    • "ask" price: the lowest price at which someone is currently willing to sell the item
    • "last" price: the price of the last trade

    Usually, the "last" price is considered the current price, but that doesn't mean the next trade will happen at that price. The price of the next trade is at either the bid or ask price.

    Not only are there 3 different prices in one market, but the bid, ask, and last prices are different for every market.
    Join an anti-signature campaign: Click ignore on the members of signature campaigns.
    PGP Fingerprint: 6B6BC26599EC24EF7E29A405EAF050539D0B2925 Signing address: 13GAVJo8YaAuenj6keiEykwxWUZ7jMoSLt

  • maydna
    Hero Member
    *****
    Offline Offline

    Activity: 3388
    Merit: 583


    jacksclub.io


    View Profile
    August 05, 2016, 07:02:28 AM
     #11
    i think its about how the respond of the market itself, how is people trust about that coins, how good the dev develop the coins. its just happen in LSK in polo, when it first time enter on polo market, the rate is going up but after in couple of weeks, then the rate is drop until now. maybe something is wrong and i don't know what.
    ████████▄▄▄▄▄▄▀▀▀▀▀▀▄
    ███▄▀▀▀▀▀█████████▄███
    ███▐▌████████████▀█▀█▐▌
    ███▐▌███▄█▀█████████████████▄▄▄▄
    ▄▀██████▐█████████▄▄▄▐█▌▄█▌██▀▀
    ████████▐███▐██▌▄█▀▀▀▐█████▀███▄
    ▐█    ██▐▌██▐████▌█▌█▌███▐█▌█▄█▄▄▄██
    ▐██    █▐▌██▐█▌▐█▀█▌▀█▄▄█▐███▀▀▀▀▀▀
    ████████▐█▌█▌▀▀▀██▀▀██▄██▄▌████▄
    ███▄███▌▐████▄██▌█▌██▐████▌█▌▄█▀
    ██▐█▄▄▄▄██████████▌██▐████▌█▌▐██
    ███▀███▀▀████▌█████▄▄▐█▄▄█▌██▀▀
    ████████████▀███▌▀▀▀▀██▀▀
     ......NO FEES ON BITCOIN WITHDRAWALS...... 

    ▄▄███████▄▄
    ▄███████████████▄
    ▄███████████████████▄
    ▄█████████████████████▄
    ▄███████████████████████▄
    █████████████████████████
    █████████████████████████
    █████████████████████████
    ▀███████████████████████▀
    ▀█████████████████████▀
    ▀███████████████████▀
    ▀███████████████▀
    ▀▀███████▀▀

    ▀▀███████████▀▀
    		[
    [
    RELOAD
    BONUS
     
    RAKEBACK
    BONUS
    		]
    ]    		[
    [
    FREE
    COINS
     
    VIP
    REWARDS
    		]
    ]    		 
    ........► Play Now .... 

  • Supercrypt
    Legendary
    *
    Offline Offline

    Activity: 1554
    Merit: 1054



    View Profile
    August 05, 2016, 07:04:40 AM
     #12
    The very first exchange price of bitcoin was determined by the electricity cost required to mine a block.
    But now a days lot of other factors influence this determination. But, supply and demand will finalize the prices once hit exchanges. So, IMO open price is really not a big concern as it will be manipulated by traders later.

  • yenxz
    Sr. Member
    ****
    Offline Offline

    Activity: 294
    Merit: 250



    View Profile
    August 05, 2016, 03:19:20 PM
     #13
    It all depends on the buyer and the seller and the price also depends on the sell or order. The buying and selling price movements will create a trend of rising prices or
    and fall of the price. That depends on the price it was always the price . so we can see that the value will be zero .

  • Yakamoto
    Legendary
    *
    Offline Offline

    Activity: 1218
    Merit: 1007


    View Profile
    August 05, 2016, 03:33:34 PM
     #14
    Quote from: SulmaINO on August 05, 2016, 12:55:03 AM
    I'm kinda new, and many times it happened to see that the first time they are on the market, worth (for example) 5000 Satoshi, and then, a few minutes, price decreases to 10 satoshi.
    Or happend the opposite thing.
    I think is because to:
    -The Dev or the Team (Of course)
    -The exchange
    -The interest of people
    -Or some alien reason?

    Any ideas?
    Basically what happens is that someone puts on the first order, and if no-one buys it at that value, he might put down lower orders, or people who have some of the currency might opt to put it for a really low value if they don't care about the currency and just want -some- sort of return on their investment into something more valuable.

    Currencies also fluctuate based on who's buying, so you have to keep that in mind.
    Pages: [1]
      Print  
Page 1
Viewing Page: 1

IRLBTC™ © 2025 IRLBTC.com