Post
Topic
Board Altcoin Discussion
Re: Miner's Official Coin LAUNCH - NUGGETS (NUGs)
by
markm
on 16/07/2013, 04:31:09 UTC
Why wouldn't a banker just spend $20 and 24 hours and launch a new coin.   I would add like you asininely tried to do.  

Maybe its that budget unspent catch, if they don'/t blow their budget of billions buying up crapcoins and instead spend $20 * 300 or * 3000 to create 300 or 3000 new ones, they won't have used up their budget so won't get a full budget next year?

Nah, still makes no sense, they could create 3000 new blockchains at $20 each then blow billions buying the actual coins on those chains from miners to pump them...

Notice though that for a long time now the coins that moved AWAY from blockchains have been worth much much more (see http://galaxies.mygamesonline.org/digitalisassets.html) than those that stayed with blockchains, presumably because of "miners dumping coins syndrome". (Backing coins some third party miner mints is insanely expensive compared to backing coins you minted yourself...)

-MarkM-