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
Lol, and says what? "Nope, I didn't do it." Ok? Unless the actual premine address gets posted it doesn't really mean anything.
And again, who cares if the the 60 million wall is from the premine. It would be even more damaging if it were just being sold in 500k chunks constantly. It would ruin the price for everyone else and still make a ridiculous amount of money.