!!!
ummm.... you need to write out a detailed break down of your premine, and calculate the percentage of the total coins your currency will be. be honest and straight up. if you decide to keep 20,000 coins for yourself, just put it on the list. "20k for me". For example, my coin that released recently "Nanotokens" had a premine of 500k, with my share being 24,500.
https://bitcointalksearch.org/topic/nanotokens-information-thread-moved-242491 people still mine it and its going strong despite a few hiccups here and there. you can do a premine as long as you are honest and not over extravagant or greedy. as a personal suggestion, i'd recommend spreading a great deal of the premine around to the people who help you build the coin and the early adopters, as they are less likely to dump than a coin hopper will be. if you have the best intentions it will probably work out in the end. but if you premine 500k and tell people you premined 200k, they are gonna catch you in a lie and your coin will be done. Many have lied about their premines and as soon as you are caught 99.9% of the time your coin is dead.
Thanks for the advice.
I don't want to premine even 1 coin for myself and I wouldn't lie about it. Look over my 3 months of posts and you won't find one lie.
I'm very happy with 1% and I can't believe som people hate on such a low amount given most devs use various schemes to get way more.
So what about 10% or its all intended to give back to the miners per their wishes and their choices. I wouldn't decide where these coins would go but the miners since this is their coin.
If not what's the problem, the premine, lack of trust in me? Can I premine it and put all the coins in the wallet of a third party - a person everyone here trusts? I'm willing to do anything to prove this is not a pump and dump and the 10% is for the miners and not for me.
Or is it good enough to premine and out it in a public wallet anyone can watch and be it for miners. Plenty of coins have done this - freicoin or feathercoin put 80% in a wallet for charity yet they haven't given a penny away. Yet people bought it and the miners only get 20%.
My plan is way more generous and I'd expect to give most of those coins away in the first few months or as fast as miners determine the best way for them.