Topic: [BIG] BigBullion (SHA256) 10 Million Coins | Bounties - Trading on Bittrex - page 40. (Read 75776 times)

  Ok... in the spirit of being humble - I can get caught up in the details...  My bad guys.  So a premine did not happen, but a private mining period does exist which did reference.  I can see how it could be mistaken for a premine, and bad blood could flow from it.  I have edited the first post in the thread to a standard Announcement and it does reference a private mining period.  Hopefully this will help clear up any future issues.

Hello everyone, I try not to spread FUD and welcome everyone to check my history that reflects this. I like trying to support as many alts as I can, but something here seems fishy. If I am wrong, I apologize in advance, and hopefully we'll all continue on our way. I will try to be precise yet concise in my questions to save everyone time. I will include links as well as screen shots of critical information of what I'm most worried about to make sure everything is available. Again, if I'm way off on this, I humbly apologize.

Timeline of events:

Dev begins a twitter account on July 22nd and sends a series of tweets about the new coin.
Link: https://twitter.com/BIGBullion2014/status/491629401583284224
Imgur: http://i.imgur.com/sasXPmD.png

Dev posts the ann thread on BTCTalk on July 29th  with a short description of the coin.
Link: https://bitcointalksearch.org/topic/m.8086588 
Imgur: http://i.imgur.com/S297c3z.png

Later on the 29th, dev makes a post with links to Facebook and Twitter accounts for the coin on BTCTalk.
Link: https://bitcointalksearch.org/topic/m.8090202
Imgur: http://i.imgur.com/xvcVt8q.png

The next day, July 30th, dev makes a post with the specifics of the coin both on BTCTalk and Facebook. BTCTalk
Link: https://bitcointalksearch.org/topic/big-bigbullion-sha256-10-million-coins-bounties-trading-on-bittrex-715904
Imgur: http://i.imgur.com/gEgZpfk.png
Facebook Link: https://www.facebook.com/BIGBullion2014/posts/1455960207996174
Imgur: http://i.imgur.com/Wwr4azg.png

On August 5th, dev announces via Twitter that the wallet is available to download and that the password will be realeased on 8/15 .
Link: https://twitter.com/BIGBullion2014/status/496643586038181888
Imgur: http://i.imgur.com/UZasqSf.png

Altcoincalendar confirms.
Imgur: http://i.imgur.com/yt0MyZi.png

On August 5th, dev posts a link on Facebook with a link to the blockchain and official website.
Link: https://www.facebook.com/BIGBullion2014/posts/1457724434486418
Imgur: http://i.imgur.com/TYMWg0I.png
Blockchain: http://188.226.197.228

Here is my question. The blockchain shows the first block being mined on June 24th with a reward of 50 coins and the second block being mined on July 26th with a reward of 36 coins which is consistent with the coins specs. Many coins began to be mined at 1 diff.
Link: http://188.226.197.228/chain/BIGBullion?hi=19&count=20
Imgur: http://i.imgur.com/PTsZDs0.png

As of now, the link to the blockchain shows that the coin is on block 1618 with a difficulty of 788,578.
Link: http://188.226.197.228/chain/BIGBullion
Imgur: http://i.imgur.com/RFfwlrQ.png

The coin specs say no premine and have a specific release date yet the blockchain shows it being mind currently. So what's the deal?
 

https://www.altcoincalendar.info/coins/719-BIG

Launch countdown?

In case anyone needs it... Here is the website where the wallet can be downloaded:

http://bigbullion.co/

so crazy!

Great question!!  We are planning some giveaways, and a few bounties as well for projects - Like a MAC wallet, additional nodes, even pictures with our tee-shirts on in random places.  (Yeap - free tee-shirts coming.  I hope you're planning on attending a few conferences...)  We are also working with larger miners to get on board and stay on board to ensure the stability and security of our network.  This way we can avoid ANY fork in our blockchain.

I've been accumulating bullion for years now, and never had a good purpose to put it toward other than sitting in a safe.  The bullion can be accessed by me as the creator of the coin, and me alone.  There are three separate storage sites for the reserves. One private location, one bank deposit box, and one gold vault facility which is independently audited yearly.  Based on this coins progression we will also submit ourselves to an independent audit by a CPA firm on yearly basis.  Our parent company who has provided the working capital for this project will require us to be audited anyway.   
  Keep the questions coming guys. We will be as transparent as possible during this launch and through the life of the coin.  We need your support as a community and as miners in order to help us change the crappy state of finances in this country.  Our goal is to help further legitimize digital currency as a whole, and this will be a huge step in that direction.  We truly appreciate the support, and we welcome constructive criticism.  We are only 11 days away from launch!!!!!  This is gonna be BIG!!!

A BIG load of CRAP.

Can you provide proof that the reserve exists? Where is it located? Who can access it? Is it secured? Is there an escrow arrangement?

How will you give back to the crypto community if we support this?

Still good to hit the launch of x11/13/15 coins 

GPUs don' need no fancy backgrounds! As long as its cool and the power supply is stable GPUs are happy to do their job.
Tho I've seen this picture in late 2013 and it was cool back then. Not so cool nowadays, just a pile of garbage that generates close to 0 profit 

I love the background on that picture. Run down and everything. It seems like they sold their house or something to buy all those GPUs, lol.

what are the plans for this coin? anything special?