Ok this is silly.
Chncoin was announced 31 hours ago. Let's say you mined all 31 hours. You're asking for 800 LTC.
Interesting facts
- At todays rate that's 26.4 BTC.
- At todays rate that's also wanting $100 / hr for mining these coins.
- To obtain this many BTC on the BTC chain you'd need to be mining 0.8516 BTC / hr.
- To obtain that rate you'd be needing 410 GH/s of mining power.
- To get this rate you'd need 6.83 Avalon ASICs people are paying $50,000 each for.
Do you REALLY think these coins are worth what someone would need $340,000 worth of equipment to do on the BTC chain?
People are just gettin insane and they only see the $$$
Look, I was thinking the same and I mined 45.000 Feathercoins in the first few days with 12 mHash/s and I sold them a few days ago for about 1400 LTC. For me, it was a great deal as i cound never have mined as many LTC during such a periode but the price of the Feathercoins more than doubbled since than...
Some guys hope that this could repeat with this chinese-coin and are willing to pay much more than its worth now...