Funny but I get your point. Such a strategy is only good as long as the low is temporary; as long as you can eventually sell off the cheaper ixcoins you purchased.  However, I see no problem in trading ixcoins for short term profit, as I don't see them dropping immediately to zero-- they are already obscenely low and have stayed at the same level for almost a week.  I don't see how the current value could be anything but a low, even if the high would be only 0.002.  Buying at 0.0009 is a great strategy; even if it only goes up to 0.002, you've doubled your investment.  Emphasis on "short term", of course.

Wanted to post this in the trading forum, but anyways..

I just did some computations and noticed the following.  If you take
fees into account, I compared bitparking and mtgox current trading
rates based on recent range of values in the last few days.

mtgox has varied between about 10.8 and 11.6 USD in the last 5 days.

namecoin on bitparking has varied between 0.027 and 0.031 BTC.

In the last 2 days, ixcoin on bitparking has varied between 0.0011 and
0.0009 BTC.

So, although ixcoins are clearly worth way less than other currencies,
its price varies much more.

Taking fees into account, I get the following.  If you,

• Sold 1 BTC at 11.6 and bought at 10.8, you'd get 1.00437 BTC back.
• Sold 1 NMC at 0.031 and bought at 0.027, you'd get 1.146 NMC back.
• Sold 1 IXC at 0.0011 and bought at 0.0009, you'd get 1.22 IXC back.

So from a percentage profit point of view, it seems that ixcoins is
more interesting for trading.

Thoughts?