Please do bookmark the premine wallet url, we have no problems being fully transparent with the premine and what bounty payments we're using it for, we have nothing to hide
The reason for the transactions on BTYhpzzniVGHTG8wkDs1JhSpv8epwqFkJN is that when we launched, we didn't really have a plan in place with where to keep the pre mined coins, we split the premine into two with the intention of paying the numerous but small bounties we were expecting separately (it was only me and our coin dev at this point) during launch, but in the end I paid these bounties with the coins I had mined personally.. I would rather save the premine for when we have released our white paper listing the larger bounties we have in mind. Like I've said, I like rounded numbers.. And the bounties paid over the last week since launch would have taken under 5%~ of the total 200k premine.
So.. B4VeaQD12LmMkCwFn3jUAuXPkYgEf1fio3 is the premine wallet, which contains the 1% premine. You can check this any time you want and feel free to flag up if something changes without us telling you.
As for the 200k wallets on the richlist, I have no idea who they belong to.. It's no one on the BritCoin team I can assure you. There was some pretty powerful rigs being thrown at BritCoin during PoW so my assumption is that someone is storing them offline 200k chunks for safe keeping? Also there's been quite a lot of movement on the exchanges let's not forget.
Hope this helps put your minds at ease.
While I agree its not worth dumping the premine at current prices. It would be a good show of faith and put some peoples mind at ease if you posted the address of where it is and explained how your going to break it down into bounties
Thanks
+1
I have no problem showing anyone the premine wallet, visit the link below;
http://brit.coinzone.info/address/B4VeaQD12LmMkCwFn3jUAuXPkYgEf1fio3The reason it's still on 200,000 Brits (1% premine) is because I have been paying the small bounties (500.00 to 2000.00 Brits) out of the coins I mined myself.. I like rounded numbers, 200k is better than 199.99k right? And as I've mentioned on here and other places, I will be writing a white-paper detailing BritCoin's future with developments and goals, and that includes details of our bounty list.
I understand that people are very weary in the emerging cryptocurrency world, but I can assure you that I and the rest of the BritCoin team have nothing but pure intentions with BritCoin. We are trying to create something special and having users trust the development team is very important to us.
I'll keep this bookmarked and check it on a daily basis for weird activity because I find it a little strange how it went from this transaction:
http://brit.coinzone.info/tx/7c553b0909d801f11a19dcd2242fd6cd6ca80d90682626f0379d75b22c14def8...to the one you showed. There is some significant coin movement in quite a few wallets that may indicate trying to hide the pre-mined coins. If the one you showed starts to go empty, I'll signalize right away.