Bitbar or Mincoin who will win this epic battle ?
Two new coins ready for pump-dump-and-forget with renewed premine madness.
Watch the BTC flee out of the investors in REAL TIME.
Selling Popcorn for 0.05 BTC / Bucket (or 50 BTE :-p ).
If there's one thing you can be sure is MinCoin has not been pumped at all, consider this:
FTC inflation rate is actually 600% yearly and there will be a total of 320.000.000 FTC in the long run.
MNC inflation rate is actually 95% yearly and there will be a total of 10.000.000 MNC in the long run.
But MNC/BTC is 0.003 while FTC/BTC swing up and down around the same value of 0.003.
And consider they were born the same days.
Which one in your opinion has been really pumped recently?
Can you see where the value is?
Well Mincoin creation was a complete joke with the 500, 200, 100 MNC blocks.
I will tell you something : these coins are not even 1 month old and are pure speculation objects. Everybody wanted to be early adopters and the ones who could not mine bought, and they bought high.
It does have nothing to do with how rare these coins are, they just don't cut it in the long run. What distinguishes them from LTC ? There are more or even less and they are newer. Funny.
They are all hyped up and newbies will get burned. Good Luck with that.
If they survive after their crashes for a year or two, they may have a future as a penny stock. But a valuation like BTC will not happen to any of them.
And if you ask me why BTC is different ?
Satoshi had a detailed plan with an insight in economics and a well thought out design. These altcoin creators are missing this.
Cheers.
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