There are, +60 BTCs on sale orders, and only 8 BTCs on buy orders. Now i'm glad I sold at 7; moving on to a new coin.
It still might not be dead, I bailed out on the last TIPS (fedora coin) buy order on coinedup but this coin somehow survived and has an active TIPS/LTC market on cryptsy.
The dev activity has me worried, we need more posts, more activity, progress updates and information how to help and be involved.
He is probably spending the pre-mine on coke and hookers and next week he will be back with Sassafrasscoin a new POW/POS hybrid.
1% PREMINE
" - 1% premine for bounties, giveaways, development, support and maintenance, new feature developments etc. ""
that is
700000000 , 700 million coins!
AFAIK it's possible to mine only 20 bil, 70 number comes from minting. So it could be interpreted as 200 mil premine.
To have my fait restored in this coin I wiil need:
- Know the exact number of pre-mined coins and how they will be used.
- Get a new client that just works.
- New website and forum
I have bailed out all except 10mil, as far as I see it buying was a mistake and I've made ~1 BTC loss here. I hope it turns out for the best (that's why I didn't sell all) but the way things are going this will be a 1 sat coin soon or dead.
* no dev activity.
* no website and dead reddit - questions without answers.
* nobody knows about this coin yet the distribution phase is only 5 weeks.
* wallet sync issues, daemon issues reported in this thread. I had to modify source myself to be able to compile it on linux - first coin that ever needed this.
With all the software issues how can we be sure the wallet doesn't self destruct when PoS phase hits?
I know I'm not helping this coin by writing this but the signs are pretty clear and if people get some of their money out it means it's worth it writing posts like these.
A coin without a dev is nothing, a coin with a dev but without community is nothing as well, you need both things to succeed mid-long term and this coin lacks both.
Good luck to all who still believe
