You could call it a dumb if the sell price would be 10 satoshi, but...
Im not calling it dumb, its an extremely profitable move. Though on page one: "Premine 2%, for
dev, support, bounty, and giveaway"
Where does it say that almost 20% of the premine will be parked on cryptsy in a $900,000 order for the devs? Anyone?
I know for a fact there were some ppl mining 10m/day with 20Mh/s in the first week. MAYBE it's from the premine, but there's a significant possibility it's not
Some buys @ 0.51BTC/m on Cryptsy. It's going up again.
However it would be interesting to ask mrlottos opinion. theres no point on arguing on this until he comments