Rupee relaunch team has proof of all the transactions from original founder, and transactions he made to deliver on his promises. The coin was mostly sold at 20 satoshi rate for setting up all services, block explorer, mining pool, and web wallet. The original team has not more than 1 million coins now. We will give all those proof to Bittrex . The relaunch team is hiring a proper attorney in DC for this. If she agrees she will also become part of our team.
The problem is you are calling another coin a scam because of the same thing. 1% premine but 80% mined before it went on the exchanges.
The same thing happened here. Block 1 has 20 million coins that were premined, 95% of the current circulation, regardless of whose hands those are now in.
Let's say the current team had premined it and done the same thing? Spent the money to set up the block explorer etc, some might say fair enough - but it's still a premine. And why were the transactions sent all over the place?
0.00000020
x 20000000 = 4btc
What exchanges did you list on first and where were these sold? Yobit is meant to have a rule about a 20% premine maximum. I suppose this is technically true with this coin if it's 80 million total supply eventually, but as of today it's well over 90%. Surely it's now in your interest to be more public about what this huge premine went as for now I wouldn't touch this coin with someone elses.
They still hold a massive premine, all of this US LLC company is a scam. You can open a company for 4 quid these days.
His operations are ran from hydrabad, India.
A scammer of the highest degree with his team of minions
So I don't know if that is true or not, but there's too many red flags for me.
It's also not usable as a crypto anyway, the last block was 11 hours ago. Coinexchange takes 25 confirmations for this coin - you would have to have sent the transaction 36 hours ago.
The WHOIS information looks fake too.
Registrant Name: RUPEE Block Chain
Registrant Organization: RUPEE Block Chain
Registrant Street: RUPEE
Registrant City: RUPEE road
Registrant State/Province: Illinois
Registrant Postal Code: 60148
Registrant Country: US
Registrant Phone: +1.8000000000
Registrant Phone Ext:
Registrant Fax: +1.8000000000
Registrant Fax Ext:
Registrant Email:
[email protected]Registry Admin ID: C195615316-LROR
Admin Name: RUPEE Block Chain
Admin Organization: RUPEE Block Chain
Admin Street: RUPEE
Admin City: RUPEE road
Admin State/Province: Illinois
Admin Postal Code: 60148
Admin Country: US
Admin Phone: +1.8000000000
Admin Phone Ext:
Admin Fax: +1.8000000000
Admin Fax Ext:
Admin Email:
[email protected]Registry Tech ID: C195615315-LROR
Tech Name: RUPEE Block Chain
Tech Organization: RUPEE Block Chain
Tech Street: RUPEE
Tech City: RUPEE road
Tech State/Province: Illinois
Tech Postal Code: 60148
Tech Country: US
Tech Phone: +1.8000000000
Tech Phone Ext:
Tech Fax: +1.8000000000
Tech Fax Ext:
Tech Email:
[email protected]