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Who buys up all the farmed coins on these new cryptocurrencies. It is really just speculation fever?
by Vespasian 5y ago
Who buys up all the farmed coins on these new cryptocurrencies.
It is really just speculation fever?
- guimoz 5y agoYes. And miners tend to hold their coins so the supply remains moderately low. A bit like the OPEC.
- hn8788 5y agoI came across a subreddit, I forget its name though, thats sole purpose was pumping up new cryptocurrencies, hoping it would catch the attention of casual crypto investors. They'd pick a day to sell off whatever cryptocurrency they had pumped up, then repeat it was some other no-name cryptocurrency.