Post
Topic
Board Announcements (Altcoins)
Re: [ANN][SEED] SeedCoin | Buy/Mine SEED & Grow Coinbase | MANDATORY WALLET UPDATE
by
BEECoinfan
on 08/10/2014, 07:44:31 UTC
Recouped.

So 67 Seed were bought in the ICO. And now there are a total of roughly 600 out there. It means that 85 % of the coins were acquired at a cost of ZERO, right? And still the coin is roughly traded at 20% below the ICO price?

I guess miracles do still happen...

But they, for sure, don't last.

Its never a ZERO cost, a lot of people rented miners at substantial cost and with the pools forking and going down the cost to mine went up.  Even If you bought the equipment you still have the equipment cost and cost to run.