Remember people like to buy the rumor and sell the news. The price is already rising and is likely to spike before or when the PoS phase starts. If you're looking for a 10x profit, now is the time to buy, not in a week.
+1 
Topic: [ANN] DISTROCOIN X11 / IOS RELEASE IS HERE. - page 62. (Read 111409 times)
Remember people like to buy the rumor and sell the news. The price is already rising and is likely to spike before or when the PoS phase starts. If you're looking for a 10x profit, now is the time to buy, not in a week.
Amen.
Remember people like to buy the rumor and sell the news. The price is already rising and is likely to spike before or when the PoS phase starts. If you're looking for a 10x profit, now is the time to buy, not in a week.
i hope people dont make a bad transaction. i believe distro coin will have a good price until the pow is over. and until the time, i will keep my coin in my wallet 
The price will explode after PoW ends
i hope people dont make a bad transaction. i believe distro coin will have a good price until the pow is over. and until the time, i will keep my coin in my wallet
Also is there anymore features that you guys want for the coin in terms of development we can add to the bounties list?
Any chance there are some creative types looking to make some skins to jazz up and customize the debit cards? and if so putting up bounty for said task
looking at all the accounds posts that spreads fud they do this to all the coins to keep the price low and gain on the waves ive been around for a while and i can garantee you that you have nothing to fear on this one, dont fill up thoose assholes pockets beacuse they are making money on making you scared and panicselling
+1
looking at all the accounds posts that spreads fud they do this to all the coins to keep the price low and gain on the waves ive been around for a while and i can garantee you that you have nothing to fear on this one, dont fill up thoose assholes pockets beacuse they are making money on making you scared and panicselling
DISTRO would already be trading @ 10k if trolling traders didn't make bad FUD to buy them cheap and then sell them higher
Wrong mate... the coin wouldve hit 10 k with the fud too... blame the coins specs...
let us all just hope the dev uses the premine wisely... and keeps us informed what he does with it...
manipulation happens in all coins, when you have trolls , its because there is something to be trolling about, plus it keeps the thread active, which has shown as a correlation between thread activity and trade volume. More people will see it, Most of them will see the FUD for exactly what it is FUD.
Nothing being said currently would scare off any serious potential investor if they were interested.
Nothing being said currently would scare off any serious potential investor if they were interested.
DISTRO would already be trading @ 10k if trolling traders didn't make bad FUD to buy them cheap and then sell them higher
Also the premine isn't getting destroyed we are going to use it to support the coin and allow continuous development, if people want these services to happen funds are needed to develop. PoS is also fully working as some have already received stakes so no PoS in the code is just completely wrong and misinformation. Bounties will be paid out shortly for those marketing.
Regards,
Raxe.
Regards,
Raxe.
So if you really got something good going here then your prices will rise, but you premine is too Hugh, it will scare off people.
Let's say your coin makes it to 20,000 Sat (which I doubt with that 2,000,000 premine you hold) you will have 400 BTC which at current market prices (at time of writing this) would equal = $228,800.00 US dollars. Don't you think that's a little too high? I know it's doesn't take more than $50,000 for what you are currently developing.
With so much money in hand, you can easily dump your stash, I'm not saying you will but you leave no space for re-assurance here. It would be really easy for you to just dump it slowly and run away from it all. If you want people to trust you atleast cut the premine in half, that would still leave you with over $ 110,000.00+ US funds, and I still think thats exaggerated, you would still be making a killing!. I can't imagine anyone needing a whopping $200K+ for development of your type, you are just killing the coin this way.
Stand up for your investors and show them your serious and that their investments are actually safe and worth something, Cut that premine from 2% to 0.5% - 1% and then maybe you would have something good here. The lesser the premine the more people will trust you. Until than, it looks like a big joke to many of us. Just my 2 bits.
SO, an average software developer can make 40-100k+ a year... and you are saying that a speculative 228k is far too much for a team doing what distro is?
100000 bux is not a killing and barely the average annual salary of a talented developer.
And then expect them to dump all the coins for one measly payout of a quarter million bux?
Not sure you're seeing the big picture here...
unless this is just another attempt to drive down the price to buy cheap.. then your post would make sense haha
I don't mind him keeping some premnie, especially if he has something to show for it. My concern is that he is scaring alot of the people away with that premine and I believe the coin has alot of potenital because of who the DEV is and his plans.
My question is would he be willing to hold half of it in an escrow or maybe destroy the other half sorta like XBC did?
This was a hugh success for XBC when the DEV destroyed the remaining IPO coins, the problem with XBC was that there was no innovation and people lost faith when he took a month to build the wallet lol. Now this DEV is more competent DEV imo, if he destroys the coin or or use it for such as giveaways or faucets, I think we could really have something good here as we will gain the community's trust back.
I'd say 1% premine and raxe.io = Success. OR 2% premine and scare more ppl off and let the coin die.
in the end that 1% premine would have more value than the 2% because the price will go up, or he can keep his 2% premine and lose community trust and let the value hit rock bottom. You do the math.
I will bring a hugh group of people including myself to invest in this coin, problem is I don't want to find out later that the DEV ran off with 5-20 BTC, sounds silly, but I have already seen it done one too many times. This usually happens when the DEV get discourage because people ain't investing, DEV then says, I see no investor, I'll cash out at current price, get what I can and run. This is what I don't want to see happen.
As for the price it's already ridiculous low for the coins potential, so for you to say that I'm trying to bring the price down is ridiculous. I'm way comfortable investing at current price, but I don't want to end up a bag holder, and having to sell later at half the price lol. I'm sure you understand my concerns.
Peace
You are just making bad FUD now so you can buy dis cheaper to save some btc . Don't even invest we don't want people like you in this community .
Seriously??
You have perfectly valid questions and concerns over a coin you are interested in or already own and do not wish to see the value of the coin going down.
The majority of the services provided by raxe are newly implemented technologies which will end up costing to begin with. reserve funds for many of the services intended to be available for the coin will be required for increased implementation and adoption of these technologies.
It is considered a high amount 2 million, but considering it was possible to buy 2 million for 6 btc the other day its not that much and someone could already own more than 2 million for between 6-10 btc.
There is a lot of sensitivity regarding self interested coin Dev's on this forum because lets face it, a lot of coin makers are solely self interested and use their premine to wait for their "peak" to cash out.
considering This coin and This dev's experience in coin creation and software development increases the likelihood of the safety and hon est intent for the pre-mine.
because that's all it boils down to basically, the impending looming, fear that that huge amount of pre mine will be dumped because the dev is only in it for the pre mine. Which he isn't
Also the premine isn't getting destroyed we are going to use it to support the coin and allow continuous development, if people want these services to happen funds are needed to develop. PoS is also fully working as some have already received stakes so no PoS in the code is just completely wrong and misinformation. Bounties will be paid out shortly for those marketing.
Regards,
Raxe.
Regards,
Raxe.
So if you really got something good going here then your prices will rise, but you premine is too Hugh, it will scare off people.
Let's say your coin makes it to 20,000 Sat (which I doubt with that 2,000,000 premine you hold) you will have 400 BTC which at current market prices (at time of writing this) would equal = $228,800.00 US dollars. Don't you think that's a little too high? I know it's doesn't take more than $50,000 for what you are currently developing.
With so much money in hand, you can easily dump your stash, I'm not saying you will but you leave no space for re-assurance here. It would be really easy for you to just dump it slowly and run away from it all. If you want people to trust you atleast cut the premine in half, that would still leave you with over $ 110,000.00+ US funds, and I still think thats exaggerated, you would still be making a killing!. I can't imagine anyone needing a whopping $200K+ for development of your type, you are just killing the coin this way.
Stand up for your investors and show them your serious and that their investments are actually safe and worth something, Cut that premine from 2% to 0.5% - 1% and then maybe you would have something good here. The lesser the premine the more people will trust you. Until than, it looks like a big joke to many of us. Just my 2 bits.
SO, an average software developer can make 40-100k+ a year... and you are saying that a speculative 228k is far too much for a team doing what distro is?
100000 bux is not a killing and barely the average annual salary of a talented developer.
And then expect them to dump all the coins for one measly payout of a quarter million bux?
Not sure you're seeing the big picture here...
unless this is just another attempt to drive down the price to buy cheap.. then your post would make sense haha
I don't mind him keeping some premnie, especially if he has something to show for it. My concern is that he is scaring alot of the people away with that premine and I believe the coin has alot of potenital because of who the DEV is and his plans.
My question is would he be willing to hold half of it in an escrow or maybe destroy the other half sorta like XBC did?
This was a hugh success for XBC when the DEV destroyed the remaining IPO coins, the problem with XBC was that there was no innovation and people lost faith when he took a month to build the wallet lol. Now this DEV is more competent DEV imo, if he destroys the coin or or use it for such as giveaways or faucets, I think we could really have something good here as we will gain the community's trust back.
I'd say 1% premine and raxe.io = Success. OR 2% premine and scare more ppl off and let the coin die.
in the end that 1% premine would have more value than the 2% because the price will go up, or he can keep his 2% premine and lose community trust and let the value hit rock bottom. You do the math.
I will bring a hugh group of people including myself to invest in this coin, problem is I don't want to find out later that the DEV ran off with 5-20 BTC, sounds silly, but I have already seen it done one too many times. This usually happens when the DEV get discourage because people ain't investing, DEV then says, I see no investor, I'll cash out at current price, get what I can and run. This is what I don't want to see happen.
As for the price it's already ridiculous low for the coins potential, so for you to say that I'm trying to bring the price down is ridiculous. I'm way comfortable investing at current price, but I don't want to end up a bag holder, and having to sell later at half the price lol. I'm sure you understand my concerns.
Peace
Darkcoin devs have 50% premine and nobody gives a f*ck about it and people buy and support darkcoin . And yes right now comments like yours that are question the 2 % premine drive the price lower .
Wow, such nice community/responses, so sorry for expressing my concerns (:
If 2% premine ain't such problem, according to you, why would it bring the price down when I mention it? DRKcoin has much success, and they have 50% remember? Why should I have to hide it? although it's not a secret anymore since it's on OP, so I don't see whats the problem with me mentioning it.
I'm only here cause I'm interested in the coin, and see the potential in it because it has a competent DEV. If anything I want to improve and protect it's community. I'm telling you now I want to invest, but I have some concerns, if I can't express them here, than how else can I let you guys know my opinion? I don't want to see this coin die! as I see enormous potential. Anyway, I have wrote the DEV, so hopefully he'll respond soon.
Investors aren't scared about the premine but of some retards doing a circlejerk about it . Distro was trading @ 3k sat but then some retards started questiong the premine and people saw those comments and stayed away from Distro.
Also the premine isn't getting destroyed we are going to use it to support the coin and allow continuous development, if people want these services to happen funds are needed to develop. PoS is also fully working as some have already received stakes so no PoS in the code is just completely wrong and misinformation. Bounties will be paid out shortly for those marketing.
Regards,
Raxe.
Regards,
Raxe.
So if you really got something good going here then your prices will rise, but you premine is too Hugh, it will scare off people.
Let's say your coin makes it to 20,000 Sat (which I doubt with that 2,000,000 premine you hold) you will have 400 BTC which at current market prices (at time of writing this) would equal = $228,800.00 US dollars. Don't you think that's a little too high? I know it's doesn't take more than $50,000 for what you are currently developing.
With so much money in hand, you can easily dump your stash, I'm not saying you will but you leave no space for re-assurance here. It would be really easy for you to just dump it slowly and run away from it all. If you want people to trust you atleast cut the premine in half, that would still leave you with over $ 110,000.00+ US funds, and I still think thats exaggerated, you would still be making a killing!. I can't imagine anyone needing a whopping $200K+ for development of your type, you are just killing the coin this way.
Stand up for your investors and show them your serious and that their investments are actually safe and worth something, Cut that premine from 2% to 0.5% - 1% and then maybe you would have something good here. The lesser the premine the more people will trust you. Until than, it looks like a big joke to many of us. Just my 2 bits.
SO, an average software developer can make 40-100k+ a year... and you are saying that a speculative 228k is far too much for a team doing what distro is?
100000 bux is not a killing and barely the average annual salary of a talented developer.
And then expect them to dump all the coins for one measly payout of a quarter million bux?
Not sure you're seeing the big picture here...
unless this is just another attempt to drive down the price to buy cheap.. then your post would make sense haha
I don't mind him keeping some premnie, especially if he has something to show for it. My concern is that he is scaring alot of the people away with that premine and I believe the coin has alot of potenital because of who the DEV is and his plans.
My question is would he be willing to hold half of it in an escrow or maybe destroy the other half sorta like XBC did?
This was a hugh success for XBC when the DEV destroyed the remaining IPO coins, the problem with XBC was that there was no innovation and people lost faith when he took a month to build the wallet lol. Now this DEV is more competent DEV imo, if he destroys the coin or or use it for such as giveaways or faucets, I think we could really have something good here as we will gain the community's trust back.
I'd say 1% premine and raxe.io = Success. OR 2% premine and scare more ppl off and let the coin die.
in the end that 1% premine would have more value than the 2% because the price will go up, or he can keep his 2% premine and lose community trust and let the value hit rock bottom. You do the math.
I will bring a hugh group of people including myself to invest in this coin, problem is I don't want to find out later that the DEV ran off with 5-20 BTC, sounds silly, but I have already seen it done one too many times. This usually happens when the DEV get discourage because people ain't investing, DEV then says, I see no investor, I'll cash out at current price, get what I can and run. This is what I don't want to see happen.
As for the price it's already ridiculous low for the coins potential, so for you to say that I'm trying to bring the price down is ridiculous. I'm way comfortable investing at current price, but I don't want to end up a bag holder, and having to sell later at half the price lol. I'm sure you understand my concerns.
Peace
You are just making bad FUD now so you can buy dis cheaper to save some btc . Don't even invest we don't want people like you in this community .
Seriously?? smh
Also the premine isn't getting destroyed we are going to use it to support the coin and allow continuous development, if people want these services to happen funds are needed to develop. PoS is also fully working as some have already received stakes so no PoS in the code is just completely wrong and misinformation. Bounties will be paid out shortly for those marketing.
Regards,
Raxe.
Regards,
Raxe.
So if you really got something good going here then your prices will rise, but you premine is too Hugh, it will scare off people.
Let's say your coin makes it to 20,000 Sat (which I doubt with that 2,000,000 premine you hold) you will have 400 BTC which at current market prices (at time of writing this) would equal = $228,800.00 US dollars. Don't you think that's a little too high? I know it's doesn't take more than $50,000 for what you are currently developing.
With so much money in hand, you can easily dump your stash, I'm not saying you will but you leave no space for re-assurance here. It would be really easy for you to just dump it slowly and run away from it all. If you want people to trust you atleast cut the premine in half, that would still leave you with over $ 110,000.00+ US funds, and I still think thats exaggerated, you would still be making a killing!. I can't imagine anyone needing a whopping $200K+ for development of your type, you are just killing the coin this way.
Stand up for your investors and show them your serious and that their investments are actually safe and worth something, Cut that premine from 2% to 0.5% - 1% and then maybe you would have something good here. The lesser the premine the more people will trust you. Until than, it looks like a big joke to many of us. Just my 2 bits.
SO, an average software developer can make 40-100k+ a year... and you are saying that a speculative 228k is far too much for a team doing what distro is?
100000 bux is not a killing and barely the average annual salary of a talented developer.
And then expect them to dump all the coins for one measly payout of a quarter million bux?
Not sure you're seeing the big picture here...
unless this is just another attempt to drive down the price to buy cheap.. then your post would make sense haha
I don't mind him keeping some premnie, especially if he has something to show for it. My concern is that he is scaring alot of the people away with that premine and I believe the coin has alot of potenital because of who the DEV is and his plans.
My question is would he be willing to hold half of it in an escrow or maybe destroy the other half sorta like XBC did?
This was a hugh success for XBC when the DEV destroyed the remaining IPO coins, the problem with XBC was that there was no innovation and people lost faith when he took a month to build the wallet lol. Now this DEV is more competent DEV imo, if he destroys the coin or or use it for such as giveaways or faucets, I think we could really have something good here as we will gain the community's trust back.
I'd say 1% premine and raxe.io = Success. OR 2% premine and scare more ppl off and let the coin die.
in the end that 1% premine would have more value than the 2% because the price will go up, or he can keep his 2% premine and lose community trust and let the value hit rock bottom. You do the math.
I will bring a hugh group of people including myself to invest in this coin, problem is I don't want to find out later that the DEV ran off with 5-20 BTC, sounds silly, but I have already seen it done one too many times. This usually happens when the DEV get discourage because people ain't investing, DEV then says, I see no investor, I'll cash out at current price, get what I can and run. This is what I don't want to see happen.
As for the price it's already ridiculous low for the coins potential, so for you to say that I'm trying to bring the price down is ridiculous. I'm way comfortable investing at current price, but I don't want to end up a bag holder, and having to sell later at half the price lol. I'm sure you understand my concerns.
Peace
Darkcoin devs have 50% premine and nobody gives a f*ck about it and people buy and support darkcoin . And yes right now comments like yours that are question the 2 % premine drive the price lower .
Wow, such nice community/responses, so sorry for expressing my concerns (:
If 2% premine ain't such problem, according to you, why would it bring the price down when I mention it? DRKcoin has much success, and they have 50% remember? Why should I have to hide it? although it's not a secret anymore since it's on OP, so I don't see whats the problem with me mentioning it.
I'm only here cause I'm interested in the coin, and see the potential in it because it has a competent DEV. If anything I want to improve and protect it's community. I'm telling you now I want to invest, but I have some concerns, if I can't express them here, than how else can I let you guys know my opinion? I don't want to see this coin die! as I see enormous potential. Anyway, I have wrote the DEV, so hopefully he'll respond soon.
Also the premine isn't getting destroyed we are going to use it to support the coin and allow continuous development, if people want these services to happen funds are needed to develop. PoS is also fully working as some have already received stakes so no PoS in the code is just completely wrong and misinformation. Bounties will be paid out shortly for those marketing.
Regards,
Raxe.
Regards,
Raxe.
So if you really got something good going here then your prices will rise, but you premine is too Hugh, it will scare off people.
Let's say your coin makes it to 20,000 Sat (which I doubt with that 2,000,000 premine you hold) you will have 400 BTC which at current market prices (at time of writing this) would equal = $228,800.00 US dollars. Don't you think that's a little too high? I know it's doesn't take more than $50,000 for what you are currently developing.
With so much money in hand, you can easily dump your stash, I'm not saying you will but you leave no space for re-assurance here. It would be really easy for you to just dump it slowly and run away from it all. If you want people to trust you atleast cut the premine in half, that would still leave you with over $ 110,000.00+ US funds, and I still think thats exaggerated, you would still be making a killing!. I can't imagine anyone needing a whopping $200K+ for development of your type, you are just killing the coin this way.
Stand up for your investors and show them your serious and that their investments are actually safe and worth something, Cut that premine from 2% to 0.5% - 1% and then maybe you would have something good here. The lesser the premine the more people will trust you. Until than, it looks like a big joke to many of us. Just my 2 bits.
SO, an average software developer can make 40-100k+ a year... and you are saying that a speculative 228k is far too much for a team doing what distro is?
100000 bux is not a killing and barely the average annual salary of a talented developer.
And then expect them to dump all the coins for one measly payout of a quarter million bux?
Not sure you're seeing the big picture here...
unless this is just another attempt to drive down the price to buy cheap.. then your post would make sense haha
I don't mind him keeping some premnie, especially if he has something to show for it. My concern is that he is scaring alot of the people away with that premine and I believe the coin has alot of potenital because of who the DEV is and his plans.
My question is would he be willing to hold half of it in an escrow or maybe destroy the other half sorta like XBC did?
This was a hugh success for XBC when the DEV destroyed the remaining IPO coins, the problem with XBC was that there was no innovation and people lost faith when he took a month to build the wallet lol. Now this DEV is more competent DEV imo, if he destroys the coin or or use it for such as giveaways or faucets, I think we could really have something good here as we will gain the community's trust back.
I'd say 1% premine and raxe.io = Success. OR 2% premine and scare more ppl off and let the coin die.
in the end that 1% premine would have more value than the 2% because the price will go up, or he can keep his 2% premine and lose community trust and let the value hit rock bottom. You do the math.
I will bring a hugh group of people including myself to invest in this coin, problem is I don't want to find out later that the DEV ran off with 5-20 BTC, sounds silly, but I have already seen it done one too many times. This usually happens when the DEV get discourage because people ain't investing, DEV then says, I see no investor, I'll cash out at current price, get what I can and run. This is what I don't want to see happen.
As for the price it's already ridiculous low for the coins potential, so for you to say that I'm trying to bring the price down is ridiculous. I'm way comfortable investing at current price, but I don't want to end up a bag holder, and having to sell later at half the price lol. I'm sure you understand my concerns.
Peace
You are just making bad FUD now so you can buy dis cheaper to save some btc . Don't even invest we don't want people like you in this community .
Anything I need to do to start staking?
Says it is minting and expected reward in 0 seconds for a few days now.
Any ideas?
Says it is minting and expected reward in 0 seconds for a few days now.
Any ideas?
Mine was doing the same thing until I added a distrocoin.conf file to "user"\AppData\Roaming\Distrocoin. The .conf file had
listen=1
daemon=1
server=1
rpcuser=XXX
rpcpassword=XXXX
rpcallowip=*
rpcport=53389
rpcconnect=127.0.0.1
Of course the username and password were different.
Price is ridiculously low. and im buying up all i can to a 500k supply. 
Also the premine isn't getting destroyed we are going to use it to support the coin and allow continuous development, if people want these services to happen funds are needed to develop. PoS is also fully working as some have already received stakes so no PoS in the code is just completely wrong and misinformation. Bounties will be paid out shortly for those marketing.
Regards,
Raxe.
Regards,
Raxe.
So if you really got something good going here then your prices will rise, but you premine is too Hugh, it will scare off people.
Let's say your coin makes it to 20,000 Sat (which I doubt with that 2,000,000 premine you hold) you will have 400 BTC which at current market prices (at time of writing this) would equal = $228,800.00 US dollars. Don't you think that's a little too high? I know it's doesn't take more than $50,000 for what you are currently developing.
With so much money in hand, you can easily dump your stash, I'm not saying you will but you leave no space for re-assurance here. It would be really easy for you to just dump it slowly and run away from it all. If you want people to trust you atleast cut the premine in half, that would still leave you with over $ 110,000.00+ US funds, and I still think thats exaggerated, you would still be making a killing!. I can't imagine anyone needing a whopping $200K+ for development of your type, you are just killing the coin this way.
Stand up for your investors and show them your serious and that their investments are actually safe and worth something, Cut that premine from 2% to 0.5% - 1% and then maybe you would have something good here. The lesser the premine the more people will trust you. Until than, it looks like a big joke to many of us. Just my 2 bits.
SO, an average software developer can make 40-100k+ a year... and you are saying that a speculative 228k is far too much for a team doing what distro is?
100000 bux is not a killing and barely the average annual salary of a talented developer.
And then expect them to dump all the coins for one measly payout of a quarter million bux?
Not sure you're seeing the big picture here...
unless this is just another attempt to drive down the price to buy cheap.. then your post would make sense haha
I don't mind him keeping some premnie, especially if he has something to show for it. My concern is that he is scaring alot of the people away with that premine and I believe the coin has alot of potenital because of who the DEV is and his plans.
My question is would he be willing to hold half of it in an escrow or maybe destroy the other half sorta like XBC did?
This was a hugh success for XBC when the DEV destroyed the remaining IPO coins, the problem with XBC was that there was no innovation and people lost faith when he took a month to build the wallet lol. Now this DEV is more competent DEV imo, if he destroys the coin or or use it for such as giveaways or faucets, I think we could really have something good here as we will gain the community's trust back.
I'd say 1% premine and raxe.io = Success. OR 2% premine and scare more ppl off and let the coin die.
in the end that 1% premine would have more value than the 2% because the price will go up, or he can keep his 2% premine and lose community trust and let the value hit rock bottom. You do the math.
I will bring a hugh group of people including myself to invest in this coin, problem is I don't want to find out later that the DEV ran off with 5-20 BTC, sounds silly, but I have already seen it done one too many times. This usually happens when the DEV get discourage because people ain't investing, DEV then says, I see no investor, I'll cash out at current price, get what I can and run. This is what I don't want to see happen.
As for the price it's already ridiculous low for the coins potential, so for you to say that I'm trying to bring the price down is ridiculous. I'm way comfortable investing at current price, but I don't want to end up a bag holder, and having to sell later at half the price lol. I'm sure you understand my concerns.
Peace
Darkcoin devs have 50% premine and nobody gives a f*ck about it and people buy and support darkcoin . And yes right now comments like yours that are question the 2 % premine drive the price lower .
Also the premine isn't getting destroyed we are going to use it to support the coin and allow continuous development, if people want these services to happen funds are needed to develop. PoS is also fully working as some have already received stakes so no PoS in the code is just completely wrong and misinformation. Bounties will be paid out shortly for those marketing.
Regards,
Raxe.
Regards,
Raxe.
So if you really got something good going here then your prices will rise, but you premine is too Hugh, it will scare off people.
Let's say your coin makes it to 20,000 Sat (which I doubt with that 2,000,000 premine you hold) you will have 400 BTC which at current market prices (at time of writing this) would equal = $228,800.00 US dollars. Don't you think that's a little too high? I know it's doesn't take more than $50,000 for what you are currently developing.
With so much money in hand, you can easily dump your stash, I'm not saying you will but you leave no space for re-assurance here. It would be really easy for you to just dump it slowly and run away from it all. If you want people to trust you atleast cut the premine in half, that would still leave you with over $ 110,000.00+ US funds, and I still think thats exaggerated, you would still be making a killing!. I can't imagine anyone needing a whopping $200K+ for development of your type, you are just killing the coin this way.
Stand up for your investors and show them your serious and that their investments are actually safe and worth something, Cut that premine from 2% to 0.5% - 1% and then maybe you would have something good here. The lesser the premine the more people will trust you. Until than, it looks like a big joke to many of us. Just my 2 bits.
SO, an average software developer can make 40-100k+ a year... and you are saying that a speculative 228k is far too much for a team doing what distro is?
100000 bux is not a killing and barely the average annual salary of a talented developer.
And then expect them to dump all the coins for one measly payout of a quarter million bux?
Not sure you're seeing the big picture here...
unless this is just another attempt to drive down the price to buy cheap.. then your post would make sense haha
I don't mind him keeping some premnie, especially if he has something to show for it. My concern is that he is scaring alot of the people away with that premine and I believe the coin has alot of potenital because of who the DEV is and his plans.
My question is would he be willing to hold half of it in an escrow or maybe destroy the other half sorta like XBC did?
This was a hugh success for XBC when the DEV destroyed the remaining IPO coins, the problem with XBC was that there was no innovation and people lost faith when he took a month to build the wallet lol. Now this DEV is more competent DEV imo, if he destroys the coin or or use it for such as giveaways or faucets, I think we could really have something good here as we will gain the community's trust back.
I'd say 1% premine and raxe.io = Success. OR 2% premine and scare more ppl off and let the coin die.
in the end that 1% premine would have more value than the 2% because the price will go up, or he can keep his 2% premine and lose community trust and let the value hit rock bottom. You do the math.
I will bring a hugh group of people including myself to invest in this coin, problem is I don't want to find out later that the DEV ran off with 5-20 BTC, sounds silly, but I have already seen it done one too many times. This usually happens when the DEV get discourage because people ain't investing, DEV then says, I see no investor, I'll cash out at current price, get what I can and run. This is what I don't want to see happen.
As for the price it's already ridiculous low for the coins potential, so for you to say that I'm trying to bring the price down is ridiculous. I'm way comfortable investing at current price, but I don't want to end up a bag holder, and having to sell later at half the price lol. I'm sure you understand my concerns.
Peace
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