Topic: [ANN][ASR] ASTROCOIN MAX SUPPLY 140,000. COINEDUP.COM - page 47. (Read 105055 times)

1st u guys said this coin will never be used, now u say they will eb but for promotion..
this is totally not fair. that means it adds to ur own premine.

Keep up the good work   There are hiccups in all coins but I think you guys really have great potential

Hello all,
this is @altcoinguides on twitter, a member of the dev team ... I saw some of the comments on this thread and it seems like some of you have legitimate concerns about Astrocoin.

For those of you who have legitimate and honest questions, here is an honest answer to you from the dev team.
First of all, concerning the premine, our goal to begin with was 1% and 1% only. We had given someone else the job of compiling and he then gave the source code to some people who he trusted that we never gave our consent to...
We pre mined the 1% and then find out that someone else was mining and at a very fast rate. We could have waited 8 hours until the normal launch (allowing this unknown miner to gather more and more coins), but instead we decided to launch early, allowing the general public to get the coins instead of this unknown pre miner. We did announce it on the astrocoin twitter page ...
I was angry when i heard that we had to do that but it was necessary. I'm sorry for those people who were on time and missed the launch.

This early launch brought up another problem. Since there weren't many miners, some of the coins were pretty much instamined at a low difficulty. Our response to that was to ask the pool owner to confiscate the 1,015 or so coins and hand it over to us. We have placed those coins in cold storage and made that wallet public so you guys can check on it and make sure that the coins are not removed. THOSE COINS WILL NOT HIT AN EXCHANGE. They will be used for promotions and projects if it is even used at all. We will account for every last mASR, you can bet on that.

Now concerning the "decrease" in coin supply from 210k to 140k, I will openly and candidly admit that it was a mistake of one of our devs. There was NO change in coin number, the supply was always 140k but our main dev made a mistake in the calculations. You can laugh or joke about it if you want. Our team takes full responsibility for the inaccuracy, but that does not make ASR a scam.
Frankly, we know we haven't been at the top of our game. This is our first coin launch and so we made some mistakes like any normal dev would.

Now you can continue calling us a scam and turn your backs on ASR but you will miss out big. Our coin is not a shitcoin or a scam coin and we already have huge deals in place and deals in the process of being put in place for the implementation of ASR in major online services.
You can continue to whine and complain but I'm assuring you that you do not want to miss out.
We arent a scam and we will continue to work past our limits to make astrocoin a success and prove the skeptics wrong.
I want to personally thank all who have placed faith in ASR and I promise that our team will do our best to make this coin a success and a benefit the community.

Regards,
altcoinguides

The page of Openex is like a shit, Coinedup is much better.

And on Coinedup -- even it is a coin killer, some coins like Doge, Particle, Earthcoin have been up.  The exchanging rates are same as Cryptsy if there are.

But on Openex? 42/BTC =100.

Because lesser exchanges tend to have "sharks" on there that tend to artifcially lower the price of coins, so they can buy in.  Well this same strategy also has the power to put a coin in "panic" mode and create mass sell offs.

I believe this has something to do with the small amount of volume on smaller exchanges that allows them to do this.

More people, more volume less bullshit trades.

Why don't people like openex? 

I believe!

Mining Doge, Particle and Metis made me rich.

is this worth soloing with 600kh?

Yeh.. I know that one.. I mean, the change in my pocket should be worth millions... stupid pocket... (Where do these window lickers come from?)

Yes, coins on Openex are having very cheap price there. It is worse than Coinedup.

I wouldn't worry about Openex.  I mean the price of 42 there is 100 lol...

I wipe my ass with his coin, they say that they went to the moon??? I say B.S. they were never there at all!

http://thefishbowlnetwork.com/blog/wp-content/uploads/2013/06/Speilberg-Director-of-Moon-Landing-Hoax-59751.jpg

Astrocoin, Premined on earth!

Openex and sheeple are this coins saving grace.. Don't kid yourself...

Of course I read, and I will admit it was vague in this post, but in past posts I stated exactly where they came from.
It doesn't matter if it was his fault or not though.
a "cold wallet" is nothing but a wallet he has not emptied yet. Watching the wallet address does not prevent him from emptying it and the rest of his coins in an exchange. He should have destroyed these coins, not added them to preming for future giveways.

Why would you blindly trust him after so many 'mistakes'?

First he launches hours early, with a pool at 3% fees.
Then he increases his premine by adding 1015 extra coins that were mined by a 3rd party too early, and never rewarded.
Then he reduces the total number of coins to 140,000, effectively doubling the premine. THis also means it will take significantly longer before enough coins are distributed to overlook such a huge premine.

And he has barely given away any of them. Now is the time he should be promoting the coin? Why is he holding so much?

Again, I have no reason to outright accuse him of scamming, but these are all unanswered questions that do not make sense; definetely enough for me to question trusting him.

no thanks, i will pass this time

Read the OP.
You have to download the conf file.
Once you have, click on go on the task bar whilst holding down the alt key.
This will show you the library folder. Open it and find Application Support and then copy the conf file into the ASR file (where the .dmg and .dat file are) and it should then start syncing to network.
Make sure the application is closed before you do this though!

Hope it helps

I knew the shitty Openex will kill this coin, and it did.

Can anyone fact check me here?

go for KDC then, no premine and superb coin.

guys... some will earn, mass will lose.. i quit