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Topic: [ANN]Ottoman- [OTC] GIVE-AWAY ANN - Cloud wallet + Ottosend ONLY 12.9M COINS!!! - page 35. (Read 63924 times)

legendary
Activity: 1120
Merit: 1000
dev was not clear indeed, and premine isn't based on total coin if there is pos, but always pow only

GREAT LAUNCH DEV!!! (at least, no problems till now). Why are people complaining? This is the same as with Yellowcoin, they had a 100.000.000 YC with a premine of 5,000,000 and there POW amount was 25,000,000. Sometimes people really need to read the thread!!!!

you can see how ended for yellowcoin....

With a huge pump for weeks, and then they hit Mintpal and people start selling, hitting mintpal is the dead of a coin, if you ask me... as that is the sign for a lot of the coins to dump everything. Look at Whitecoin. Also remember this is a IPO coin more then a premine coin. So the owner of the coin doesn't have a lot of coins, as i'm sure that some coins has to be paid for exchanges, etc. So it all depends on the IPO owners, and i'm pretty glad that i bought some.
legendary
Activity: 938
Merit: 1001
sr. member
Activity: 364
Merit: 250
Network hashrate: 10.3849Gh/s
sr. member
Activity: 490
Merit: 250
Dev ,what would you do with all these 3 000 000 premined coins? Smiley
dump them and run away
legendary
Activity: 1512
Merit: 1000
quarkchain.io
legendary
Activity: 1736
Merit: 1000
Admin of CoinMiners Pools
legendary
Activity: 1512
Merit: 1000
quarkchain.io
Dev ,what would you do with all these 3 000 000 premined coins? Smiley
legendary
Activity: 938
Merit: 1001
mine at hashharder, finding blocks Wink

Not yet - but pretty soon...
sr. member
Activity: 364
Merit: 250
mine at hashharder, finding blocks Wink
full member
Activity: 126
Merit: 100
3% of the total number of coins (100,000,000) is 3,000,000 OTC coins. All premine and IPO coins are based on TOTAL number of coins not based on POW number of coins, else it would have been written : 3% IPO of POW

There isnt a total number of POS coins since you set it at a flat 20% per year. So 3% of unlimited coins is unlimited coins... Your logic fails. I wouldn't have mined if I had known you were going to premine that fucking much.

Its in OP.

- Total coins after 13 years : 100 Million OTC and keep on increasing by 20% PoS yearly.

legendary
Activity: 938
Merit: 1001
iam out too no pool founding block

Give us a try - http://www.hashharder.com/x13/ottoman

The more miners we get, the quicker we will be finding them. Just getting started yet!
hero member
Activity: 574
Merit: 500
hero member
Activity: 854
Merit: 539
iam out too no pool founding block
sr. member
Activity: 490
Merit: 250
3 000 000 premined , of 10 000 000 in POW , Is that right?
shame..
Poor people paid for IPO     Cry
legendary
Activity: 3248
Merit: 1070
dev was not clear indeed, and premine isn't based on total coin if there is pos, but always pow only

GREAT LAUNCH DEV!!! (at least, no problems till now). Why are people complaining? This is the same as with Yellowcoin, they had a 100.000.000 YC with a premine of 5,000,000 and there POW amount was 25,000,000. Sometimes people really need to read the thread!!!!

you can see how ended for yellowcoin....
legendary
Activity: 1120
Merit: 1000
GREAT LAUNCH DEV!!! (at least, no problems till now). Why are people complaining? This is the same as with Yellowcoin, they had a 100.000.000 YC with a premine of 5,000,000 and there POW amount was 25,000,000. Sometimes people really need to read the thread!!!!
legendary
Activity: 1736
Merit: 1000
Admin of CoinMiners Pools
SSD stratum+tcp://miners1.ssdpool.com:3349 showing up dead

Try this one . IS UP


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