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Re: GAW Zen Hashlet PayCoin unofficial uncensored discussion. ALWAYS MAKE MONEY :-)
by
the_game1224
on 24/11/2014, 17:05:06 UTC

The point still stands though. If 30% of the "average" people that have received no mining income in the last few months decides they want to actually break even, then that is an $80 hit to the market.

Personally, I think a 400% profit in 4 weeks is quite generous. Unbelievable so (clearly). You are really going to hold out for that extra 5% per year or the hope that Paycoin keeps going up?

That is exactly what concerns me.  People have been "mining" with the impression that 400HP=1HC=$20 all while taking no other profits at the same time.
Sure it may be valued at $20 when first released to the public, however do you really think they are going to let everyone who wants to sell at that price do so with a buy wall to keep that value?
Not a chance.  Hope I'm wrong but I will be shocked.