LOL if they were not good announcements there would only be one.
SCH owns tons of shares in BTC capital so it's not like it's a struggling company.
Hopefully they ditch free Startcoins for people and ban the guys who rape free coins every week, Jaunda, Corrocan and the like
the BS it's to reinvest doesn't wash with me at all. I could do it but don't as it's poor form. they are essentially stealing off the rest of us in the community, Hopefully the funds they use are locked in so they have to fund what they are gaming
OK I will say it again in a technical way this time. It is not the giveaway/rewards startcoin causing any trouble. You can see this yourself. Last Saturday 9-5-15 at 7:40 pm there were 30883414 total coins (from coinmarketcap) and block ID 463376 (from block explorer). On following Saturday 9-12-15 at 10:55 AM available was 31287487 (a total increase of or difference across time period of 404,073 coins) while the block id changed to 472484. The amount due strictly to mining is simply the block id difference times 40 coins per block (472484-463376 = 9108; 40 * 9108 = 364320). The example time period is 6.6354 days or roughly one week of 54,905.5 StartCOIN mined per DAY and only 39,753 startcoin from rewards/interest across the whole WEEK although most of those generated on Fridays (404073 minus 364320). Also for perspective average daily volume of startcoin exchanged bittrex for period 8-22 thru 9-10 (sorry my data set not up to date at moment) is 135,000 coins per day. Thus, I hope you can see 39K coins/Week is really not the source of our low prices it is a value 1/10 what mining creates and even if all sold it would be about 4 % of weekly startcoin trade volume on bittrex.
You said, "hopefully the funds they use are locked in and they have to fund what they are gaming". They are not locked in which is clear to anyone who has participated in backing a project or simply joined the Startjoin site and deposited some funds. I am getting the impression that you have not joined or used the site? If that is so are you really in a position to criticize Jaunda or Corrocan or even in a position to criticize the price of the coin for that matter. My apologies if I am misunderstanding you. Also if you are worried then definitely deposit some funds and get a piece of the interest to give away (that means less start for the greedy players
). *I just looked at startjoin trying to figure out what you are talking about with respect to Jaunda/Corrocan. They and others are listed on main page down a ways. They received "free" startcoin for their startcoin payments. I think you are misunderstanding this. This means they have to give a lot more than that away to be getting that kinda reward. You are criticizing the pillars of the community here. I once gave away about 40 start (1pound at the time) and the reward was like 5 or 6 startcoin or 12% of donation kicked back. So Jaunda and Corrocan must have been very generous recently. It varies greatly and sometimes I don't get anything so not sure exactly how it works both those rewards are a fraction of what you give. The interest truly is free coin but those numbers on main page referring to rewards not interest
