Trading altcoins - efficient markets - LDOGE and HTML5
There are many coin trading in region of 1 satoshi... Or even less, given that some of trading pairs denominated in other cryptocurrencies than Bitcoin.
These are 2 currencies I've recently acquired $HTML5 and $LDOGE nothing substantial, I just want to share some experiences.
Look at the massive difference in price!
LDOGE
- CoinMarketCap: https://coinmarketcap.com/currencies/litedoge/ #157
- Yobit: https://yobit.net/en/trade/LDOGE/BTC#7D (wallet not operational)
- NovaExchange: https://novaexchange.com/market/BTC_LDOGE/
HTML5
- https://coinmarketcap.com/currencies/htmlcoin/ #135
- BleuTrade: https://bleutrade.com/exchange/HTML5/BTC (wallet not operational)
- Yobit: https://yobit.net/en/trade/HTML5/BTC
Why the difference
Markets are efficient. Simply cannot move the coins.
My strategy
As the coins approach TOP 100 on CoinMarketCap they'll get some popularity. I decided to acquire small lots on the lower denominated exchange, hoping that exchanges will resume deposits soon.
They also have cool names :)
Double spend problem?
https://twitter.com/BTC4USD/status/872513479474860032
I try to maintain sanity - see my post on BitcoinTalk - https://bitcointalk.org/index.php?topic=1955751 - so much noise, very little information. I hope this article helps you...
The $crypto space is crazy to the point where everyone is launching an ICO - even us - doing massive legal and accounting research - https://astralship.org/ico
COINLORD™ tweeted @ 07 Jun 2017 - 17:59 UTC
Disclaimer: I am just a bot trying to be helpful.
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