Looks to me the TRBO dev grabbed what he could get for coin and [ANN] and was a bit sloppy adapting the stuff for his coin. On the other hand it's on Cryptsy and C-Cex and holding price pretty well. The Dev makes the impression of being somewhat inexperienced but is still around and as long as the coin keeps going that isn't even that important anyway. It got some Sprouts in it and it shouldn't take too much funds to get staking. Might be worth a consideration if we need a new coin to branch out.
CUBE looks like a better dev. That 2000% staking is insane and the price per coin even more so. Very few coins, the distribution method (free coins) plus that staking made people holding onto their coins. Trouble is, if we step in we would introduce weekly sells of the minted coins into that market and I'm not sure if it would cope well with that. For regular stakes very few coins might be sufficient but if not it would pretty fast add up to quite some investment. Interesting coin but very risky to get in with an investment model like SandG I think, both for the investment and the other coin.
Just my 2 sats about these coins.
7911 Sprouts Staked
5933 sent to cryptsy
0.01073873 BTC
750 Paycon staked
562 sent to cryptsy
0.00191642 BTC
1000 Rate coin staked
750 sent to cryptsy
0.00120000 BTC
Total 0.01385515 BTC exchanged into SandG
The stakes took the 0.01 BTC step even with all these orphaned blocks and HYP failing us this week, nice. Well done Sprouts.
EDIT: Oh, and Sydpak still needs to get going it seems.
