Post
Topic
Board Announcements (Altcoins)
Re: [ANN][PIR] ---- PirateCoin | Exchange listed ---- Arrr!
by
Mike_Rotch
on 02/04/2014, 00:55:19 UTC
You know....

It would only take around 0.5 btc to buy out all the way to 3700 satoshi.

1Mhash/s looks like it returns around $1/day. And there are not even enough buy orders so support that price if anybody did want to mine to sell.
Not to mention the difficulty is at a measly 0.04. Even at that diff nobody wants to mine it because the price is too low.

In order for anybody to give a crap about mining our booty, it needs to be real gold, not fool's gold. If anybody else wants to help, we could steal the whole lot of those low orders and jack up the value of our treasure.

And if we put in 0.5BTC you don't think it will be dumped down again? Because of the low diff...

Even if not then what? Who will buy from that point on?
It would simply need more people interested and the coins spread out to many different people so everybody just has a little booty. To achieve that there must be some use to the coin not just a lot of "arrr!" and "scullywags!".
A Pre-Ann would at least had created a pump and dump hype but it's only that if nothing else is offered to be done with a coin.