Quote from: perhan007 on May 02, 2013, 11:41:52 AM

Quote from: Peleus on May 02, 2013, 11:35:37 AM

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...

And if you would have sold 45k FTC now on BTC-E.com You would have made BTC292 !! Yeah, people are nuts.