Hey guys, did all the pools evacuate? Wtf,, 
I got 500k nintendo for .5 btc if you want them 
I got 500k nintendo for .5 btc if you want them im sure the dev will buy them, he's on a mission to have them all for himself lol
Topic: .. - page 2. (Read 12220 times)
Hey guys, did all the pools evacuate? Wtf,, I got 500k nintendo for .5 btc if you want them
I got 500k nintendo for .5 btc if you want them Nice price for a 50% premined coin. Ok, ok. xd
Quote from ninten's blog comments
Here's hoping.
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Hi,
People on the bitcointalk forum in your [ANN] thread are waiting on a response indicating if you will delete the 50% premine. It would be good if you would go and respond to that because the coin has zero chance of ever being traded if the premine isn't purged down to < 1%.
Also, I don't know if you've considered this, but if that premine doesn't get purged by you, you can bank on one of the community who supported the launch taking over the coin and hard forking you out altogether; and everyone who invested hashes in the coin's launch will support them.
If I were you I'd purge the premine and retain control of the blockchain before someone helps you out of it.
Just my 2c. You can take it or leave it.
Take care.
People on the bitcointalk forum in your [ANN] thread are waiting on a response indicating if you will delete the 50% premine. It would be good if you would go and respond to that because the coin has zero chance of ever being traded if the premine isn't purged down to < 1%.
Also, I don't know if you've considered this, but if that premine doesn't get purged by you, you can bank on one of the community who supported the launch taking over the coin and hard forking you out altogether; and everyone who invested hashes in the coin's launch will support them.
If I were you I'd purge the premine and retain control of the blockchain before someone helps you out of it.
Just my 2c. You can take it or leave it.
Take care.
Here's hoping.
1st post deleted) smth wrong ...
He'll probably be back again in a few days with another newbie account and another coin.
With 3% premine
1st post deleted) smth wrong ...
He'll probably be back again in a few days with another newbie account and another coin.
The only thing you can do is burn all of the coins except for 1%
If you burn them, the max coin supply decreases by 50% and everyone is happy.
If everyone is in favor of the dev burning those coins, tell him so.
If you burn them, the max coin supply decreases by 50% and everyone is happy.
If everyone is in favor of the dev burning those coins, tell him so.
Good suggestion. This seems to be the only way to 'fix' the ridiculous premine without restarting the chain. Mined coins are virtually worthless when such a huge amount (equivalent to the entire supply of all future mined coins - mind boggling!) can be dumped by the dev at will.
FWIW, here's the difficulty changes so far (retargets every 60 blocks) :
0.00024414
0.00054119
0.00074419
0.0021229
0.00208811
0.00434274
0.01737098
0.06948391
0.18285282
0.22864609
0.29758742
0.38914653
0.3564707
0.51127321
0.65782342
0.50742929
0.41773435
0.45092993
Dev premines 50% of all coins then tries to say hes going to give them all away.
not even a warning before doing it. What an amateur.
There is no way to fairly give them all away.
Even if 2000 people ask for coins:
Each person would get 25,000,000 coins.
How is that fair to the people that have to mine them?
Lets say you keep half of the premine for bounties or giveaways (none of which are actually required for the success of a coin), you would still need to give away coins to 2000 people. That's a hell of a lot of work and still each person would get 12,500,000 coins! Keep in mind that even the NEM project has only 1400 subscribes and that thread is 90 pages long AND those users had to PAY to get in.
You will be lucky if you get 200 people asking for these coins. Which means you would have to give away 250,000,000 per person? Ya right.
Regardless of what you do, if you give them away you've made it pointless to mine them. If you keep them you're a scammer and youre coin is dead.
The only thing you can do is burn all of the coins except for 1%
If you burn them, the max coin supply decreases by 50% and everyone is happy.
If everyone is in favor of the dev burning those coins, tell him so.
not even a warning before doing it. What an amateur.
There is no way to fairly give them all away.
Even if 2000 people ask for coins:
Each person would get 25,000,000 coins.
How is that fair to the people that have to mine them?
Lets say you keep half of the premine for bounties or giveaways (none of which are actually required for the success of a coin), you would still need to give away coins to 2000 people. That's a hell of a lot of work and still each person would get 12,500,000 coins! Keep in mind that even the NEM project has only 1400 subscribes and that thread is 90 pages long AND those users had to PAY to get in.
You will be lucky if you get 200 people asking for these coins. Which means you would have to give away 250,000,000 per person? Ya right.
Regardless of what you do, if you give them away you've made it pointless to mine them. If you keep them you're a scammer and youre coin is dead.
The only thing you can do is burn all of the coins except for 1%
If you burn them, the max coin supply decreases by 50% and everyone is happy.
If everyone is in favor of the dev burning those coins, tell him so.
Fukin' idiot dev I just seen this. "value" : 50000000000.00000000 BASTARD!! 
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@Fung all those coins are for non miners -all will be given away. i will announce my vision for ninten coin in a blog post tomorrow.
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@fung, not everyone has equipment to mine. not everyone wants to mine. what gives a currency value is more than the security on a network. i will explain my vision for ninten coin tomorrow. and yes, all the coins will be...
http://nintencoin.com/
When it was announced I really though this coin had potential... Dev had to go get greedy and premined 50%... Absolutely no excuse for that much... .5%/ 1% maybe... definitely not 50%
Now its dead before it started... and almost a bigger scam than Coinye...
Back to Doge... the one that won't screw you...
Now its dead before it started... and almost a bigger scam than Coinye...
Back to Doge... the one that won't screw you...
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