Another child of the modern world wanting instant gratification. Value has to be earned, yes, even in Crypto. And guess what? sometimes that takes time. If you want to make money in this game you need to make shrewd decisions at the right time, if you don't have the patience to play the long game then you know where the door is but please don't write all over the walls with your crayons on the way out!
Do you understand how it work,
JaggedMiner?
IPO just 73 satoshi/coin.
Then it will be dumped easily when price is double. Price rising is very hard. Would not get 200 satoshi each coin.
Currently, dif 9, price 100 satoshi. 1 Mh scrypt will got 1.3 USD/day with H2O. Compare to a popular one, LTC, 1 Mh will got 2.7 USD/day. Lots coins more profit than LTC.Wanna make money with H2O? Mine LTC, UTC, VTC, EMC2, MAX..., then buy H2O. Will got double or much more H2O as mining directly. Got it?
Then it will be dumped easily when price is double.---- you are damned right!
It's also my point.
Hard to mine and cheap IPO price together make mining this coin be not profitable.
That is why I won't mine it.
Those who try their best to promote this coin are mostly stakeholders.
They, of coz, want more miners mining, keeping or increasing the value so that they can dump at a higher price.
But if you do math by yourself, you will be clear and leave.