It doesn't matter if DEV or ICO people have 90,000 or 100,000 or more coins.
THIS COIN IS GOING NOWHERE. Because you can NOT have a 10 coin block
reward and 100,000 coins already out in the float. No miner will be able to
sell his paultry few coins he mines with that amount of coins over his head,
unless this coin is a rare exception that has a totally new feature or real world
use, which it does not. So IMHO, unless Premine and ICO is burned, this coin
is not worth anyone's time or electricity. It's not even a matter of if it is a code
exploit, scam or not, etc. It is simple coin metrics. Only an idiot or greedy as
hell dev takes 100k coins and does a 10 coin block reward.
THIS COIN IS GOING NOWHERE. Because you can NOT have a 10 coin block
reward and 100,000 coins already out in the float. No miner will be able to
sell his paultry few coins he mines with that amount of coins over his head,
unless this coin is a rare exception that has a totally new feature or real world
use, which it does not. So IMHO, unless Premine and ICO is burned, this coin
is not worth anyone's time or electricity. It's not even a matter of if it is a code
exploit, scam or not, etc. It is simple coin metrics. Only an idiot or greedy as
hell dev takes 100k coins and does a 10 coin block reward.
Give him time like he said. He is learning as well from this as I can see. Make some suggestions also.
I would suggest this.
Dev should use x amount for bounties. Then Dev should keep X amount for himself, then Dev should publicly destroy the rest or have 3rd party destroy the rest of the coins.
The X amounts will have to be figured out to be fair on behalf of the miners. Take what the miners make per day mining and then do the math on what is fair. I do think it is fair that the dev gets to keep some for himself since he did the work.
