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Topic: American COIN - AMC - Heavily Premined!!! - page 2. (Read 3271 times)

legendary
Activity: 2100
Merit: 1167
MY RED TRUST LEFT BY SCUMBAGS - READ MY SIG

plenty people got some - I was getting many blocks before 6500

Are you an insider then? explain how you get it before it is formally announced?

probably read about on troll box or on irc like a few others.
hero member
Activity: 770
Merit: 605

plenty people got some - I was getting many blocks before 6500

Are you an insider then? explain how you get it before it is formally announced?
member
Activity: 112
Merit: 10
Is this one of those pay-to-mine coins?

If not, I think it should be... so it can truly represent the spirit of America.  Grin
hero member
Activity: 518
Merit: 500
hero member
Activity: 708
Merit: 500

plenty people got some - I was getting many blocks before 6500
full member
Activity: 406
Merit: 104
Convert Crypto at BestChange
lol  Grin Grin Grin Maybe CIA premined it
legendary
Activity: 2156
Merit: 1393
You lead and I'll watch you walk away.
AmericanCoin - the coin that automatically turns itself over to homeland security if someone trades it. The coin that can only be mined by the CIA to buy guns to drop on Nicaragua. The coin that funds illegal counter intelligence world wide. The only coin that taxes you before you mine them. The only legal tender of abu ghraib. Every block found kills a Muslim and subsidizes one poor African family in Mississippi, guaranteed or your money back!
hero member
Activity: 770
Merit: 605
Lol, next time premining call me, I'll help you to hide it, lmao  Grin Grin Grin
full member
Activity: 406
Merit: 104
Convert Crypto at BestChange
It's good to point these kinds of things out, but I say let the populous use the information as they will.
Yes absolutely, this is the purpose of the thread  Wink
sr. member
Activity: 325
Merit: 250
It's good to point these kinds of things out, but I say let the populous use the information as they will.
full member
Activity: 406
Merit: 104
Convert Crypto at BestChange
Wow,
More coins, this time featuring Liberty, and American Dream!
ONE FREE BALD EAGLE WITH EVERY BLOCK CONFIRMATION!

THE COIN OF THE AMURICUN FUTURE IS HERE!

Yes the future of heavily premined, pure junk there!
hero member
Activity: 798
Merit: 531
Crypto is King.
Wow,
More coins, this time featuring Liberty, and American Dream!
ONE FREE BALD EAGLE WITH EVERY BLOCK CONFIRMATION!

THE COIN OF THE AMURICUN FUTURE IS HERE!
hero member
Activity: 688
Merit: 506
CryptoCurrency Evangelist
Wow,
More coins, this time featuring Liberty, and American Dream!
full member
Activity: 406
Merit: 104
Convert Crypto at BestChange
lol, premining
hero member
Activity: 518
Merit: 500
full member
Activity: 206
Merit: 102
step forward
sr. member
Activity: 381
Merit: 274
An investment in knowledge pays the best interest.
I believe premining its own coin is actually necessary.
When a dev launches a new coin his main goal should be to make it popular and his second goal is to make some money out of it (this second objective can be optional, but he'll be a fool not to think about it and probably a liar not to admit it if asked) .  

To make his coin popular he'll have to use it to pay / motivate and create a community.  That's the only way ! (unless this hypothetical dev team has huge means in time and money or unless they come up with a  revolutionary concept that will attract a lot of people by itself)

But yes I must agree that premining should be reasonable.  
I don't know about americancoin but If like it as been said there are 650K coins premined and if the maximum amount of coin is like 8M coin then i suppose we can call it a scam but if  otherwise there's like 1billion coins then 650k is nothing much.
sr. member
Activity: 325
Merit: 250
Oh dear looks like they are trying to dump 6,000 already !  A [WTS] thread has been posted

Of course, everyone is looking to mine and dump with all these new altcoins
hero member
Activity: 518
Merit: 500
Oh dear looks like they are trying to dump 6,000 already !  A [WTS] thread has been posted
But I am not dev Embarrassed
hero member
Activity: 1395
Merit: 505
To make matters worse it appears that the "official" pool is taking about 20 mh/s but is finding no blocks.  The total has from that pool plus mine, a fair p2pool, has exceeded the network hash rate.

Makes me suspect they might be redirecting some of that work to another coin
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