Actually all these new currencies are hyperinflationary in the early going. They:
1. Are not backed by anything
2. Have no intrinsic value
3. Go from 0 to 200,000 or 0 to 2,000,000 in days or hours
4. Increase in quantity by 25% - 10,000% or more daily, for weeks, depending on mining rate
And "investors", who cut in line to buy these on day one, are always shocked when they inevitably fall in value.
Those same "investor" mock miners who sell immediately.
NEWS FLASH, dummy speculators, the miners are the smart ones. You are the bag holder. Guaranteed no exceptions
Funny, I haven't lost any money buying altcoins... Maybe that's because I stopped with YAC (the last profitable one)
PPC, FTC, CHN, RYC, YAC all treated me very well
All I ask is that when this pathetic alcoin craze is over (should be about 20 hours from now) you make public who you created coins for so we can make fun of them for all eternity.
No I would not go that far That takes you past hydro level and I hate to see anyone get down there.
Speaking of which... WTF no coins yet!
Did you have a coin created by Hazard
Pfffttt hes too expensive for me.
Honestly , I have a few ideas myself... but I am sitting back and watching to see what all works, what does not. What is liked ect ect. Maybe one day I will take the plunge. I just enjoy seeing how lucky I am today solo mining.
which is not really all that lucky LOL
