apparently, IPO buyers got them cheap, which was at 70 satoshi. at least this is what i have read. they could sell at 100 and still make a profit. if you're a miner, like i was who mined at launch where diff rose quickly as always is the case with all coin launches, the current rate won't even begin to cover electricity cost. i have stopped mining and haven't check the current diff but the coins that i mined will break even at 600 satoshi. i'm gonna be waiting a long time for that to happen. that said, this was a good launch.

for those that still don't know, this is being traded on bittrex. again, not for miners. not yet.

https://bittrex.com/Market/Index?MarketName=BTC-H2O

it's a nice "little" exchange. quick and pretty stable. well made. they have a wallet status page, which is i really like. i hope they gain foothold and not choke right now, they are just an exchange for these coins-of-the-day, which is a shame.