Your coin is way better than other young coins, but it isn't profitable to mine.
There are a lot of younger coins with crappy wallets, no real whitepaper or sites that are more profitable to mine.
I think that many people are afraid to invest (hash or money) in Denarius because you had a big premine (10% of total coins) and at this time I think you own more than 50% of the total coins.
To gain trust of the community I think you should be more transparent with the premine coins. You can tell us how many coins you still got from the premine, the accounts that you store them, on what are you planing to spend them, etc.
You can also lock some of the premine for a period of time (until the coined mined > than premine for example) so people won't be afraid that you can dump your coins, take profit and leave.
All the best and good luck with your project!
PS Why you got -2 on Trust? (I didn't had time to read all 100+ pages for the explanation). Maybe you can put the explanation on the ann so the newer people don't make a bad opinion of you.
It was profitable to mine for quite some time but with the drop in altcoin markets, right now it's not profitable if you're selling the coins for daily profit. However assuming this hits a $10m market cap within 3 years, you're looking at over $1/coin, in which case the mining is super profitable.
The pre-mine was in my humble opinion not very large; there are plenty of other projects out there with much larger premines and less transparent (even outright lies) about how they are being used. The bounties that were paid are listed in the OP and you can see in the thread how they progressed. All the premine funds are in the original account which was created in the genesis block and they are traceable via any of the available block explorers (which are available mainly because of the bounty payments out of the premine account!). In comparison to other coins, some even have 20% development fees paid to the developers out of _EVERY BLOCK_ and they are humming along just nicely!
I am also certain Carsen intends to use the rest of the premine for more bounty/reward/promotional programs over time; of course it would be handy if there was a 'game plan' laid out about how it's going to be spent in the future but let's be honest, that doesn't really mean a lot in this day and age - just look at other coins which had laid out very nice looking, solid plans about development which ended up going nowhere after they hit a reasonable price and the developers/early miners cashed out hard and left.
I think part of the problem with Denarius is that it's too good. And I don't mean that facetiously - there has been no real 'roadmap' given because the coin was launched with a tonne of features and there is already available several new open-source releases such as the open-source NodeJS-based web wallet which were delivered as part of the coin in the early days. This means there was no expertly managed 'new feature hype' marketing which inflates the price of the other coins in the early stages by taking advantage of FOMO. Denarius doesn't really have a FOMO angle, because nobody seems to think it's going to go anywhere for some reason. Think about it. Everything about this coin is just reasonable - no ridiculous coin amounts, no 'solve world hunger' investment hype angle, no weird shit. Just a good, solid feature-rich open-sourced cryptocurrency which will stand the test of time.
Carsen's negative trust just won't go away no matter how many people write positive reviews. One guy doesn't like Carsen because Carsen did some coding work for someone else he didn't like before or something, big woop. As far as I have seen in the almost year I've been watching this project, Carsen delivers time and time again and is constantly working on improvements in the background. He's no marketing guy, he's a coder. He's not going out there blowing the horn about some super awesome new feature he's working on (which I can tell you there are a couple in the works), he's just getting the job done. Negative trust unfortunately probably has a big impact on things because a lot of people just see the negative trust and ignore absolutely everything else about the project - well, I'd rather see the guy be honest about it and cop the negative feedback publicly rather than make a new account, github and other coins and hide in anonyminity like every other bloody new coin does these days (and I guess you can see why).
For those reasons I think Denarius is a slow burn; it's a coin which will stand the test of time in a sea of 'me too' ICO money-grabbers. And that's why I'm holding on for dear life through this alt downturn and continuing to mine and provide the mining pool for DNR.
