- Premine amount could be ok, except, an exchange already exists. The idea would be excellent if this coin wasn't premined. It would be fair to all. I'm not against premined stuff as long the devs use it with responsabilty, to promote and inform everyone.
- Misleading information. If you notice, everything is well written and carefully planned. So, I don't believe it is a mistake by the devs (they plan an exchange and post wrong block rewards info??? I don't think so).
- The farm issues. Never seen so much hash power pointed this fast, to a coin, specially a new one. Very disturbing and very strange.
I have nothing against the coin or the devs. I, however, stopped mining it a few minutes ago and turned my hash to other coins. I could be wrong and this coin could be valuable but I don't believe in unfair starts and this is what is happening. Just my 2cents.
I think people are overreacting. But I guess we will have to wait for the dev to come and explain before drawing any own conclusions.
If it would be like you say, then they are shooting themselves by making it so obvious that they are gonna dump a shitload of coins, since no one would buy them. This makes me think that there is simply a misstake and not a big scam. It has gotten a lot of publicity in big channels before release as well, so not so weird that all those with huge GH/s want to get on the train before it leaves. As with almost all new coins
Let answer KeyserSozeMC.