Will CNC be a success, and how much will it rise by?

[jayjay2244]

I just put half of my funds into it, whats your opinion on it? will it be on btc-e. And what will it rise to? 

[Mike Christ]

I have no idea what it is.

[jayjay2244]

I have no idea what it is.

Its a new Litecoin based coin
thread of coin: https://bitcointalk.org/index.php?topic=192243.0
Exchange: https://bter.com/trade/cnc_btc

And aparantly a major exchange is soon to support it

[MoneyCoin]

I think it has definite potential... but you never know - I have CHN - just have to wait and see -

[jonptl]

Its just pure speculation, and they are young so ppl are adopting them for a quick buck.

[sigesang]

how would anyone know?
it is tradeable at bter.com now, its one step towards success I guess...
but I sold all my cnc... by now

[snowshadow]

i got my miners working on CNC now hopefully it pays off

[tylerg]

I just wanted to point out something that I haven't really seen talked about but due to the insane profitability of CNC today which is 1000% over what you would get mining bitcoin, the difficulty is set to go up a huge amount at the next retargeting. According to http://cnc.strament.com/index.php, it will go from 8 to 82 which at the current exchange rate would drop the profitability to 31% meaning all the miners will abandon ship. Then it will take a very long time to get to the next retargeting effectively killing the coin unless the exchange rate jumps up enough to keep people mining

[Badabing]

The success of cnc depends of the support it got. So far its reputation continues to grow. Just like feathercoin it continues to live it's hype.

[JoeChmoe]

The classic waiting game. Seems to be growing on people more and more.

[novem]

Lets hope so

[Collectrix]

It is yet another speculative currency.  In the short term it probably will rise but it adds no new technical aspects that cannot already be found in LTC.