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Topic: [ANN]Ottoman- [OTC] GIVE-AWAY ANN - Cloud wallet + Ottosend ONLY 12.9M COINS!!! - page 13. (Read 63924 times)

hero member
Activity: 714
Merit: 500
@kryptographer
Hi dev, looks like there are some unclear interpretations of the premine and IPO. Could you please provide a total count of coins (not percentage) that have been premined. Same for IPO.

Thanks

Check the first block on the chain Wink 3,500,000 coins, so 500,000 premine and IPO 3,000,000

Shit that's a 5% premine, ouch. Misleading dev.

Is it? A lot of coins are using the max number of coins for the pre-mine, for example Yellowcoin was one of them, they had 25% pre-mine when you only check it based on POW.

They said 0.6% premine based of total supply there will ever be by 2027 or something like that, which is clearly a joke. Maybe if they were honest about the 5% and we all knew where that money was going some people would support it.. I still wouldn't support 5% premine without awesome innovation though. Classic scam in my opinion. It looks already dead.

I really don't think you should compare this method with other scam coins and try to call it the standard. People will not put up with this. We need to raise the standards not lower them.
legendary
Activity: 1120
Merit: 1000
Hi dev, looks like there are some unclear interpretations of the premine and IPO. Could you please provide a total count of coins (not percentage) that have been premined. Same for IPO.

Thanks

Check the first block on the chain Wink 3,500,000 coins, so 500,000 premine and IPO 3,000,000

Shit that's a 5% premine, ouch. Misleading dev.

Is it? A lot of coins are using the max number of coins for the pre-mine, for example Yellowcoin was one of them, they had 25% pre-mine when you only check it based on POW.
hero member
Activity: 714
Merit: 500
@kryptographer
Hi dev, looks like there are some unclear interpretations of the premine and IPO. Could you please provide a total count of coins (not percentage) that have been premined. Same for IPO.

Thanks

Check the first block on the chain Wink 3,500,000 coins, so 500,000 premine and IPO 3,000,000

Shit that's a 5% premine, ouch. Misleading dev.
full member
Activity: 126
Merit: 100
Join me on freenode. #ottomancoin

So if you want to discuss something.
newbie
Activity: 11
Merit: 0
sr. member
Activity: 364
Merit: 250
yep, end of POW in a day or two...get them while they are this cheap Wink
once dev makes announcement,combining with POS only, price will jump, don't get left behind! Wink
cheers
legendary
Activity: 1120
Merit: 1000
I've been adding 300K coins at around 200sats now. If people are selling then i continue buying.
newbie
Activity: 11
Merit: 0
One day left before POW ends, get your coins now or buy on bittrex or allcoin.
not long before, the money is going to the moon
full member
Activity: 126
Merit: 100
One day left before POW ends, get your coins now or buy on bittrex or allcoin.
legendary
Activity: 1736
Merit: 1000
Admin of CoinMiners Pools

Ottoman Pool
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Stratum with vardiff.
Stable SSD Server, DDOS protection.
Cashout are processed every minute.
Support at #COINMINERS freenode channel : https://webchat.freenode.net/?channels=#COINMINERS

Point your miners at: stratum+tcp://otc.coin-miners.info:3345


Rent some x13 hash power at

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full member
Activity: 126
Merit: 100
+1 )))

YEAH! DEAD COIN!! Grin

Just want to know that we are NOT leaving investors abandon!!! We will continue support the coin and try to achieve nice potential for our investors. Mining is almost finish and then it is only POS.
full member
Activity: 168
Merit: 100
legendary
Activity: 1120
Merit: 1000
Hi Placebo, how r u? So my forecast almost exonerate

You have two ways to look at a coin.

1. People knew the premine and IPO account from the start. A block explorer was available at the beginning, so now people don't need to complain about something that was clear on the block chain. So you either leave this coin and if DEV was dumping the coin then he was already gone and you will not see him anymore anyway or

2. If DEV is away then it is a opportunity for the community to take the coin over, it is already listed on bittrex, etc.

3. If DEV is not away then how do you think he will be motivate to continue working on the coin? So complaining really doesn't help and you are certainly not hurting DEV if he already dumped his coins.

200sats, yes, but is that not a normal price for a coin. Marketcap between $10k and $20k, what does people expect that it will hit $400k without anything new in this coin, just a copy & paste coin. Come on be realistic, currently this coin cannot be worth $400k, maybe one day it will, at least as people stop complaining.

you talk too much, this coin would die, same as GRK, just copy and paste the code, and dev like scam when he didn't say% IPO and premin from total coin


Premine /IPO is most of the time based on the total coins, rarely based on POW coins. People are saying a lot, VOOT will die, PC was dead, OPC was dead, and look what all happened, all nice FUD talk. But i understand you love to add some more coins, i love to add some too, so YES, YOU'RE RIGHT THIS COIN IS DEAD.  Roll Eyes
member
Activity: 68
Merit: 10
Hi Placebo, how r u? So my forecast almost exonerate

You have two ways to look at a coin.

1. People knew the premine and IPO account from the start. A block explorer was available at the beginning, so now people don't need to complain about something that was clear on the block chain. So you either leave this coin and if DEV was dumping the coin then he was already gone and you will not see him anymore anyway or

2. If DEV is away then it is a opportunity for the community to take the coin over, it is already listed on bittrex, etc.

3. If DEV is not away then how do you think he will be motivate to continue working on the coin? So complaining really doesn't help and you are certainly not hurting DEV if he already dumped his coins.

200sats, yes, but is that not a normal price for a coin. Marketcap between $10k and $20k, what does people expect that it will hit $400k without anything new in this coin, just a copy & paste coin. Come on be realistic, currently this coin cannot be worth $400k, maybe one day it will, at least as people stop complaining.

you talk too much, this coin would die, same as GRK, just copy and paste the code, and dev like scam when he didn't say% IPO and premin from total coin

legendary
Activity: 1120
Merit: 1000
Hi Placebo, how r u? So my forecast almost exonerate

You have two ways to look at a coin.

1. People knew the premine and IPO account from the start. A block explorer was available at the beginning, so now people don't need to complain about something that was clear on the block chain. So you either leave this coin and if DEV was dumping the coin then he was already gone and you will not see him anymore anyway or

2. If DEV is away then it is a opportunity for the community to take the coin over, it is already listed on bittrex, etc.

3. If DEV is not away then how do you think he will be motivate to continue working on the coin? So complaining really doesn't help and you are certainly not hurting DEV if he already dumped his coins.

200sats, yes, but is that not a normal price for a coin. Marketcap between $10k and $20k, what does people expect that it will hit $400k without anything new in this coin, just a copy & paste coin. Come on be realistic, currently this coin cannot be worth $400k, maybe one day it will, at least as people stop complaining.
legendary
Activity: 1120
Merit: 1000
Hi dev, looks like there are some unclear interpretations of the premine and IPO. Could you please provide a total count of coins (not percentage) that have been premined. Same for IPO.

Thanks

Check the first block on the chain Wink 3,500,000 coins, so 500,000 premine and IPO 3,000,000
hero member
Activity: 812
Merit: 500
Damn forgot to sell the coins  Grin  Roll Eyes meh ill keep them . Ill trust dev team .
legendary
Activity: 1512
Merit: 1000
quarkchain.io
hero member
Activity: 714
Merit: 500
@kryptographer
Guys, I am making a coin.... I promise to only premine it 0.6% which is fair. There are going to be only 1 million coins POW. By the year 7777 there will be 100 billion coins created through POS. My premine will be for this target so I will take 0.6% of 100 billion which is 600,000 coins. Sound fair? Let me know if you want in  Grin
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