i really pity these these poor bastards who sell low. Anyway thanks to them, more XFC for me
Not trying to start a FUD, but some guy on a trollbox was saying that this coin has 250K premine?
Is it true?
It has 162.5K premine thats 3.25%
and also Yes, the dev didn't inform about the premine during launch. He did try to cheat.
But he did come out later and accepted his fault. Everyone has their own flaws and no1 is perfect in their character. This coin has a lot of work to be done under the hood and those things cannot be done free and no1 wants to give a good crypto-currency to the community and take nothing back. i assume the dev doesn't have a huge mining force for himself. and for these reasons he did the premine. When the initial announcement had a premine and the dev was crucified for having a premine, then he decided to remove the premine details and hide it, as he was desperate enough to launch this coin. You can check this in the first few pages. Though he is a cheater, he is true believer of his work and this coin(in my view) and so i believe he'll not abandon the coin at anytime and he is desperate enough to make his ideas work through this coin.
This coin has a real working CoinJoin and yes this one IS ANONYMOUS. Some may argue coinjoin is already used, but implementing it rather a tough job. And also the dev doesn't stop there. he does have more future plans for a much more easy implementation and better anon function.
Don't think i blindly support the dev. I only support this coin and the dev's work and not his character. If you read pages 25-33, you'll find iwas continously opposing the dev's action and it was my final effort that made the dev to come out open about the premine
guys thought we have inquired repeatedly about a explanation about the premine from the dev, he hsan't come out with any reply.
This suggests only one thing - that he is a cheater and is trying to scam us all.
Even if the annonymous works or not, the kinda devs don't deserve any forgiveness.
So what i suggest is, if the dev doesn't give us any explanation within 6Hrs we contact all exchanges and suggest them not to take this coin. and we could also tag him scammer
I do know that you all would have invested so much in this by using your own rigs or by renting (i myself had spent 0.12BTC to rent rigs). But that doesn't mean we'll have to support this scammer.
Yes, we accept responsibility for the premine, it is a necessary component.