How come only three pages and where is the dev?
Dev is here, there are just no updates or questions.
2 million premine out of 10 million mined... wtf... a joke? I thought this coin was a good idea, but I don't like the idea of being dumped on by the dev. ICOs are better than this shit because at least then you don't have to worry about the inevitable dump to oblivion. You know, you kinda screwed yourself on that one dev. Even with 2 million coins your premine wont be worth shit, because of the 2 million coins... Have you looked at previous projects and how this works? Ever considered trying to find a balance such that you have a smaller premine, but it would actually end up being worth more than this 2 million bullshit because people will actually buy the coin? Pretty simple economic concept.
That is for you to decide, it is 2 million for a reason, not dumping on exchanges.
2 million premine out of 10 million mined... wtf... a joke? I thought this coin was a good idea, but I don't like the idea of being dumped on by the dev. ICOs are better than this shit because at least then you don't have to worry about the inevitable dump to oblivion.
Unless the block explorer is rigged, the premine still intact. Mined this one at launch and it is currently looking like a mistake. The verdict still out there though - dev needs to be as active (or more) as he was when he was laying out the plan.
PREMINE ADDRESSES (500k IN EACH)
PJKXPSsTfVHYY7N8MHuL9ADhAf3GN6o4wG
PWmTEu9Zo2Zt8qP52Tc7vgo2S3bWjjf7Vc
PGSQCZmNzvK3ivwb6D34asA4EcFsDxcYiB
PWiU7CM9xPkjU3ewxeTd81J4gpbrZqVA4r
Block explorer is not rigged, I have PM'ed cryptoID on here at launch about putting it on there but there is no reply. I know its always better on a third party.
As for being active, I have been here pretty much most of the day, there were no posts except another "premine is too big" and there are no updates.
-snip-
It might be intact now (it should be considering how recently the coin was launched, and because the dev will no doubt want to string people along and raise the price of the coin before cashing out, also he needs a lot of volume to sell it- another disadvantage of a large premine with small unit value), but the point of a premine is to sell it at some point...
My point is, this is a self-defeating premine. Dev makes a big premine because he wants moar money but a big premine will prevent the coin from being worth jack shit so in the end he will get less money...
Price can go down to 1sat, I don't mind. The premine won't be moving and wasn't created to be sold it was created for development.
If you think every coin that has a premine is a scam then I do believe you are wasting your time here in the altcoin announcement section, especially in a thread that clearly states a premine in OP and PRE-ANN.
You are right, I want more money to do that I want this idea to succeed and it to be worth atleast the same as that XPY crap.
