Burn is officially done ! The total held is now only 0.08% (4.3 mil) to be used for
Bounty program (wallets, tip bots, branding packs, personalized features, nodes, pools, further development on wallet, site etc)
Social media and marketing (social media likes/shares/tweets/retweets/blog posts/pr/exchange votes (unlimited)/etc)
Faucets and giveaways
earlz will be confirming the burn shortly ! Total burned = 45654950
Topic: [ANN]BitMiles (BTMi) Launched - First Cryptogenic Frequent-Flyer Miles - page 11. (Read 49469 times)
December 15, 2014, 01:19:40 AM
December 15, 2014, 01:07:12 AM
Dev did not destroy the integrity of any premine,
Everyone game is over, all go!
Everyone game is over, all go!
Hi wisnon,
the premine burn is happening (within the next hour actually). there was a slight delay as the exact figures were discussed with a few guys (guys that have been dealing with such things for a long time). now that we have the figures, we will proceed. game may be over for you, but we are just getting started !
earlz will be confirming the burn shortly
December 15, 2014, 12:59:39 AM
Dev did not destroy the integrity of any premine,
Everyone game is over, all go!
Everyone game is over, all go!
December 14, 2014, 04:19:50 PM
How much of premine is going to be burned?
December 14, 2014, 02:10:47 PM
Dev is going to burn a lot of the premine. Wait for his post.
Thanks jimlite
that is correct ! we will be posting back here shortly. 
December 14, 2014, 01:38:31 PM
Dev is going to burn a lot of the premine. Wait for his post.
December 14, 2014, 04:35:11 AM
Huge Premine = 48000000! ! ! !
CAPE taken only the first month of the whole 22,320,000! ! !
I'm gone!
CAPE taken only the first month of the whole 22,320,000! ! !
I'm gone!
wow
December 14, 2014, 01:28:12 AM
bitmiles https://bitcointalksearch.org/topic/annbitmiles-btmi-launched-first-cryptogenic-frequent-flyer-miles-892298
Heritage: LTC 0.6.9ish, piggycoin template(https://github.com/piggycoin/piggycoin)
Problems:
* EXTREME: Premine is extremely excessive and will be more than the network will mint for over 2 years
** The premine being expressed as a percentage of the supply is deceiving, given that the full supply takes decades to mint
** See https://gist.github.com/Earlz/de3cc5f6ee85c7a69d53 to properly destroy a portion of this excessive premine
* MODERATE: genesis seed is not a news event
Notes:
Watermarks: uint64, pow, unknown
Heritage: LTC 0.6.9ish, piggycoin template(https://github.com/piggycoin/piggycoin)
Problems:
* EXTREME: Premine is extremely excessive and will be more than the network will mint for over 2 years
** The premine being expressed as a percentage of the supply is deceiving, given that the full supply takes decades to mint
** See https://gist.github.com/Earlz/de3cc5f6ee85c7a69d53 to properly destroy a portion of this excessive premine
* MODERATE: genesis seed is not a news event
Notes:
Watermarks: uint64, pow, unknown
Way too much, kill the premine now
December 14, 2014, 12:40:31 AM
a portion of the premine will be destroyed later today and details will be posted here. there will also be a giveaway over @ CCT.
December 14, 2014, 12:21:05 AM
This look like a really interesting coin, especially as we travel, well my family does.
December 14, 2014, 12:09:42 AM
bitmiles https://bitcointalksearch.org/topic/annbitmiles-btmi-launched-first-cryptogenic-frequent-flyer-miles-892298
Heritage: LTC 0.6.9ish, piggycoin template(https://github.com/piggycoin/piggycoin)
Problems:
* EXTREME: Premine is extremely excessive and will be more than the network will mint for over 2 years
** The premine being expressed as a percentage of the supply is deceiving, given that the full supply takes decades to mint
** See https://gist.github.com/Earlz/de3cc5f6ee85c7a69d53 to properly destroy a portion of this excessive premine
* MODERATE: genesis seed is not a news event
Notes:
Watermarks: uint64, pow, unknown
Heritage: LTC 0.6.9ish, piggycoin template(https://github.com/piggycoin/piggycoin)
Problems:
* EXTREME: Premine is extremely excessive and will be more than the network will mint for over 2 years
** The premine being expressed as a percentage of the supply is deceiving, given that the full supply takes decades to mint
** See https://gist.github.com/Earlz/de3cc5f6ee85c7a69d53 to properly destroy a portion of this excessive premine
* MODERATE: genesis seed is not a news event
Notes:
Watermarks: uint64, pow, unknown
December 13, 2014, 06:43:36 PM
Looks like an OK coin, dev you may want to consider destroying some of that premine
Yup. I'm out.
December 13, 2014, 04:28:00 PM
December 13, 2014, 04:27:15 PM
Added to OP. Thanks so much!
December 13, 2014, 04:10:33 PM
http://btmi.binpool.com/ - pool launch
December 13, 2014, 04:01:05 PM
Hi guys,
We will be having a small post-launch giveaway (per forum basis) in which we will be giving away a starting total of 1,000,000 BTMi = 20,000 BTMi to the first 25 miners that post back here with their BTMi wallet address.
Enjoy!
We will be having a small post-launch giveaway (per forum basis) in which we will be giving away a starting total of 1,000,000 BTMi = 20,000 BTMi to the first 25 miners that post back here with their BTMi wallet address.
Enjoy!
Giveaways are not allowed on this broad. If you post wallet addresses they will close this thread down.
https://bitcointalksearch.org/topic/giveaway-threads-are-not-allowed-780979
Hi TimC,
my bad. completely skipped my mind. will do a giveaway over on the CCT forum and then post back here
thanks for the save !
No problem. Thanks for the 20k coins! I was going to say something about CCT but I see you are already there.
Link to giveaway please?
December 13, 2014, 03:43:31 PM
no comment huh? mk well im out
December 13, 2014, 03:08:32 PM
yeah that is a ridiculous premine man.
December 13, 2014, 02:56:03 PM
DEV,
Yeah you'd better burn most of the 48.3 Million pre-mine (like 98% of it)
or the coin will fail. These days you can't take 1% of an 8 year mining supply.
Do some math. No one is going to mine it with you holding 48.3 Million over their heads.
Yeah you'd better burn most of the 48.3 Million pre-mine (like 98% of it)
or the coin will fail. These days you can't take 1% of an 8 year mining supply.
Do some math. No one is going to mine it with you holding 48.3 Million over their heads.
December 13, 2014, 02:53:38 PM
Hi guys,
We will be having a small post-launch giveaway (per forum basis) in which we will be giving away a starting total of 1,000,000 BTMi = 20,000 BTMi to the first 25 miners that post back here with their BTMi wallet address.
Enjoy!
We will be having a small post-launch giveaway (per forum basis) in which we will be giving away a starting total of 1,000,000 BTMi = 20,000 BTMi to the first 25 miners that post back here with their BTMi wallet address.
Enjoy!
Giveaways are not allowed on this broad. If you post wallet addresses they will close this thread down.
https://bitcointalksearch.org/topic/giveaway-threads-are-not-allowed-780979
Hi TimC,
my bad. completely skipped my mind. will do a giveaway over on the CCT forum and then post back here
thanks for the save !
No problem. Thanks for the 20k coins! I was going to say something about CCT but I see you are already there.
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