I did read the details and I quoted from the first page of this thread.
One of the repliers mentioned that the block rewards had already halved once.
According to the info on the first page of this thread, then that means that the coin has been mined for 3 months already.
I then did some math to show you how many coins there may be.
And think about this. If I pay $100 for 50 million coins, there isn't anyone who would buy those coins off of me at this time, therefore I would be buying an illiquid investment, or I mean, I would be taking a loss right now.
It is right now that i was trying to buy some coins.
Due to the fact that I would be taking a loss, therefore my offer is very generous.
Why should I even pay for something that has no value to anyone else, and they will not pay me for those, if I decide I want to sell later on in the day? No reason to buy that today.
In order to have the values you are talking about, would require that the coin be much more liquid, which it is not at this time. therfore the coin does not have that value today.
Get the coin onto an exchange and with lots of buy orders, and then it may have more or less value, but we don't know because its not on an exchange yet.
There is only one exchange where any new alt coins are being valued higher nowadays, and that is cryptsy
I mentioned to you, that cryptsy may not be interested in a premined coin. That means the coin becomes less valuable if it cannot get onto the premiere altcoin exchange. The other exchanges have hardly any volume at all, and the coin will fall to way less than what I am offering if that is all you can get the coin onto. I am giving you what I believe to be some really good logic.
It may be a lucrative investment, or it may be almost completely a loss. We do not know as yet.
There are many factors to consider.
No offence intended.
I give up. I will wait until lottocoin gets on an exchange, and we shall see what the price is.
Best of luck to all of you though
The coin was released Dec 12 and was giving double block rewards for the first 3 days. The 3 days have passed so the rewards were halved. Get it?
j/k but yeah. Thank you for setting up auto payout on your account. This is the reason I have it listed to PLEASE setup auto payouts! I hate it more then you guys do when you don't get your coins. The first glitch I ever had actually ended up paying multiple people twice the coins they actually earned. This time it didn't pay anyone at all. it just corrupted the database. But as I said. 1m coins on an 90 million coin day? that means people actually do listen and they put on auto payouts so that makes me extremely happy. 
