But... Still not on the exchange, this is not good
People will stop mining etc.
actually not, there was a limit of around 10 almost from the start or at least it was when there was almost none mined. The reason people have quite a lot is because a few guys were running everyday with a bag full of their families devices (Thats what the guy told me) and also he was selling them. I have about 800 coins, most of them bought.
The distribution considering the app has been live for months now is pretty incredible. Less than 1% has been mined so far!
some people have over 10,000. How's that even possible without purchasing those coins? but how can one purchase 10,000 when daily limit is 10 per person. Unless that's Dev holding up his coins. Most people with one cellphone (like myself) are still floating around 60. Even if you use 5 cellphones that's still <500.
You would need like 100+ cellphones to mine 10,000 coins within 10 days of launch. Distribution seems beyond unfair
Hey unusualfacts30,
So, MangoCoinz was not launched 10 days ago, it was launched on June this year.
The first tradings of MangoCoinz took place at the end of August and September on the OTC (Over the Counter) trading thread here on bitcointalk.org.
Best regards, Srele from MangoCoinz.
that makes sense. I just noticed it when new thread was created. I wish I had noticed it in June I would have 2000+ by now