This coin is going to fail! I have solid information to proof this! 'BenjaminsBaby' launched 2 months ago, with a 10 minute block time and 10 million total coins. Everything started off very well but the difficulty climbed very quickly until all the miners left and stuck with a very slow blockchain. 10 minute block chain is guaranteed failure.
Just following the following thread and see how 'BenjaminsBaby' failed miserably.
https://bitcointalk.org/index.php?topic=444543.0On the other hand please continue mining this coin so people like me can mine real coins and mining with a difficulty of less than 20,000. When you realised you've mad a mistake then jump onto the GlobeCrypto band wagon and mine a real coin with potential.
http://www.globecrypto.comThat's like saying Bitcoin is going to fail because it has a 10 minute blocktime and very high difficulty. If it wasn't bitcoin everyone was basing the prices of other coins off of everyone would say bitcoin would fail. The difficulty will always be higher on a chain with 10 minute or 20 minute blocks because difficulty depends on the time it's supposed to take to solve a block, so diff will always be higher than a 30 second or 2 minute coin.