Post
Topic
Board Announcements (Altcoins)
Re: [ANN] Catcoin - Scrypt meow!
by
etblvu1
on 10/01/2014, 10:23:27 UTC
Most of the coins are up in the past day or two.. I wouldn't read too much into it, especially when Leo is the one doing all the buying. Leo really should go buy some BitBars right about now -- he is quite good at buying high and selling low or so I hear.

I don't know how relevant BitBars are in this thread, it's one of the few altcoins I did not liquidate to get into CATs, I wouldn't bad-mouth it - I think it has potential to rise. It's in my hold-or-mine-and-hold category. I think this has the potential to be the first cryptocoin to exceed the value of BTC (because of its almost ridiculous scarcity, only about 9000 BTB's produced; when you solve a block, you only get like .15 BTB), and once that happens, I believe it will be alone in that category of cryptocurrency units worth more than BTC. That should be good for quite a bit of publicity, which could boost the value more.

In fact, there are only 206 BTB's available for sale before BTB reaches BTC parity, and given the coin supply is only 9000, I wouldn't bet against it sticking at that price point.

I apologize if it seems like I am promoting a different coin on this thread - not really my intent - it just seemed this particular derogatory reference seemed unfair.

Etblvu1