Quote from: Humancell on March 27, 2014, 03:28:30 PM

Quote from: robertson2013 on March 27, 2014, 08:21:14 AM

Almost every coin that hits an exchange this early is doomed to fail. This coin is not even 7hrs old yet already on an exchange!!! The coin is not finding blocks on most pools most probably due to Hashing AT and difficulty of over 3 million.

This coin will open high be dumped at stay there. I wish exchanges would not allow any coins on for at least a week so they make sure there are no early forks and a sustained interest.

Who is to say 5 days from now there is no more work done by the Devs once they make some money??? Not that I am saying this will happen but this is the problem with a pre-mined coin on an exchange this early.

Can I ask why is was so important to have this coin listed within a few hours of go live, this pattern is killing coins

I do agree ... and on top of that there are already people selling the coin they mined for ridiculous prices ... 50 satoshi? WTF?

At least if people are going to begin to trade, hold on to the value of the coin and keep it high. 0.01 BTC!

What seems to be the new norm is: mine, and then sell it down to 1 satoshi. Dump the coin for anything.

Stupidity.

At the same time, I do believe that people who mine must see some other value than trading for BTC. If the only value of a coin is to be sold for BTC ... then it is doomed. If they see some other potential value ... they hold.

I guess I don't really have enough coins to matter, and maybe I'm kidding myself because I'm new, but I'm planning to hold on to what I have. The team seems pretty dedicated, and they were around for the launch which I appreciated, so I hope they'll make something out of BNS. If not, well, then I guess I misgambled a few days of mining.

Hopefully not though.