I don't think so. I looked through his post history, and he's mostly buy low/sell high. He did predict BTB would hit bter shortly before hand, but looking a little further back, he predicted it several times before that, too.



If you think about it, it doesn't make sense not to.

They take 2%, melt down theirs at market rates, pure profit.
Take 2 percent, buy up stocks as they come in, bloat sell price up, continue selling as people frenzy for new coin.

It's a free market. which means..... the exchanges can OWN the market.

This coin was really great for early adopters (first 3 hours), which is good for the guys that catched the early train.

But with that comes along a very serious problem for RoyalCoin:
Because only in the first 3 hours mining was efficient and interesting in comparison to other coins, there aren't that
many people holding coins, and for that not really many people interested in its success.

My guess is the interest will fade with time unless a way is found to interest more people in it.