i'm creating no "hype".. i'm just providing a pool - thats it..
The miners/users/everyone who keeps this thread on page 1 "creates" the hype.
If you don't like it - go to any other of the 1000 threads here .. no one forces you to post here or insult me
I didn't insult you at all and I am sorry if you got that feeling. I am commenting on your behaviour as a responsible pool op who is begging for miners and who is supporting an obvious shit China coin. The hype was created by pool ops who set up their pools for this coin.
Why so much whining? Buy it, don't, leave, whatever. I've already made 100% profit on my mining investment while you stay in-thread trolling and being frustrated that some are profiting. You must be new in altcoins. As another user said on a different thread, if literal dog shit was going up in price, we would buy it if we thought we could sell it higher. And I just did.
Yes, you made some profits and I am happy for you. I don't want to buy this shitcoin I want to short it or bet that the price will decline, however this is not easy to do.
The problem with shitcoins is that they are slowly killing the altcoin market. You made some profits because someone else lost it and it is a zero-sum game if you reinvest your profits in another shitcoin AND mining is costless. However, at least part of the profits that you/the dev and some other people made is gonna leave the altcoin market AND the miners have to pay for their electricity, thereby drying the market. Therefore, having a coin that clearly is not going to create any value in the future is really bad for altcoins in general. Do you even care about this?
I did, for a while. I hated all the new coins coming out and the flood. Now I just go with it and take my 100-300% gains, instead of bagholding the coins that have been around longer, while hoping for a 10% gain.
Someday when people keep interest in one coin for over one week, real development will happen. For now, unfortunately, all the market cares about is "whats the new thing" ... and anyway we havent heard from the devs yet. Give solid numbers on your bet (price target to win or lose, time) and maybe someone will take you up on that.