What I do not understand is: How can you tell a coin is stupid if it is virtually the same as the coin that is not stupid?
That's exactly why they are stupid. If they don't offer anything superior to Bitcoin then why would anybody bother migrating?
I did !
I hit IXcoin at Difficulty 16 with 28 GH/s and was hitting up to 4 blocks of 96 coins each per minute! I was the person that made the first non test trade on Double C's exchange. I think the Ixcoin creator was buying these up is all I can think of but I kept on selling and selling as it kept climbing from .0008 to a high of .0065. People went on a frenzy and bought a huge amount of this worthless shit at the peak. The Bitparking Pool hit 244 GH/s at it's peak LOL.
By time it was all said and done, I sold over 600 BTC in four days.
I think Smoothie sold over 250 BTC during the same time. Only three or four people plus Bitparking amounted to any significant percentage of the Ixcoins mined. Just a lot of stupid people buying a crypto-currency with a ZERO life span.
I love it. God bless the stupid people.
LOL I'm jelly.