CHINA IS SLOWLY ADOPTING LOTTOCOIN

[placebo]

I find this website...

http://www.cryptoarticles.com/crypto-news/2014/1/6/china-is-slowly-adopting-lottocoin

but i'm missing information about lottocoin itself? And if china is really adopting lottocoin should lottocoin then not be trading at 200 and not at 20 as it currently does. Any ideas?

[Nullu]

Every alt coin is the "next big thing" in China.

[mrmork666]

I find this website...

http://www.cryptoarticles.com/crypto-news/2014/1/6/china-is-slowly-adopting-lottocoin

but i'm missing information about lottocoin itself? And if china is really adopting lottocoin should lottocoin then not be trading at 200 and not at 20 as it currently does. Any ideas?

Lotto is the most profitable coin to mine at the moment so many multipools are mining it and selling the coins at any price
thats why the price is so low at the moment

[placebo]

Right, but i notice someone that sold at .00000012 for 2BTC!!! This is not profitable anymore... You can mine 4M with 50000kh/s, so this means 0.48BTC per day at that .00000012, i'm sure that a lot better (meaning more money) coins are available to mine then LOT selling at 12, no?

[placebo]

Infact the same story for DOGE, the price dropped so low that it even doesn't make any sense to continue mining this coin. The multipools are destroying eachother, and the market place too. Infact new coins should NOT reward the people that start from the beginning mining there coins but should increase the coins per block later in time, this will result in REAL miners that think this coin has something to offer, and at the moment that the block rewards are getting bigger, it doesn't make sense for the miltipools to start mining as the basic of other miner will be so big that they cannot manupilate the market. I'm looking to create my own coin, and will try to keep those miltipools away from my coin and try to create a coin in interest of the small miners.