Topic: Do you think coins with IPO/premines will succeed and be popular/mainstream? - page 3. (Read 5321 times)

This. Nxt - a coin that didn't even exist half a year ago, is currently in third place according to Coinmarketcap.com, just behind Bitcoin and Litecoin. If that isn't the definition of a successful coin then I don't know what is.

it depends on how dev uses the money. devs should also be working full time if we give them money. just my two sents

Of course they will, if they offer useful features to users. It doesn't matter for users how the coins came into existance. What matters is how easy it is to buy them with fiat, and what they can do with the coins. Miners are not users, hence miners don't have a final say.

Why are exchange staff so eager to add these crap coins ?

Premined coins can certainly succeed provided they have a dedicated and knowledgeable coding team that can support the coin in the long term. They should offer a fair and transparent distribution and most importantly incorporate significant innovations. A decentralized marketplace, anonymity, very fast transactions and messaging service can really boost its value.

Not gonna lie, it seems that you are extremely jaded (perhaps from being scammed one too many times?)

That's why I only invest in people who have a reputation, otherwise you take that 99% risk of being scammed.

If we're talking approaching truly mainstream then the coin would have to have been around for a decent while and demonstrated utility, security and stability.

If that was in place then the story of its initial distribution will take a back seat.

Question:    Do you think coins with IPO/premines will succeed and be popular/mainstream?

..be popular/mainstream?

of course not.. you guys really think so or did i just buy too many ipo's lol

of course. why not?
Depends mostly on the technology and distribution.

The difference is just that the mining guy is wasting energy.

true. Take 2 guys with 1000 USD:

1 guy buys a mining rig and pays for electricity with 1000 USD and mines for one month.

2nd guy invests 1000 USD into IPOs of coins (that are not scams).

- both of them invested 1000 USD
- both of them did same risk in investing in some crypto

It is fair to say - both systems are equal, it is not important, if one guy bought coins with his mining or investing in IPO. They invested same money

no.. bs.. excuses like i just said for christs sakes jeez
you guys don't stop.. excuse excuse excuse.. give it a rest already fuck

a stupid comment compounded with a another stupid comment makes 2 stupid comments .

Remember that this forum is an international place, there are different people with different cultures who have different standards of living, views and values.

For example, the culture of copy and scams in China are commonplace and very different from what we find in the West or Japan.

are you high on crack ? seriously did you just say that ? WWWWWWWWWWWWooooooooooooooooWWWWWWWWWWWWWW

hey can i premine a coin and dump 1.2 million worth on some exchange ? that cool ? that is what you just said lol

UN fucking believable !
Crypto is full of the most creative excuse making weazely scammers i could ever fathom would ever exist.. how far will you guys go to JUSTIFY idiocy ?

I think large POW coins with a large premine will have a hard time unless they have something really special to offer.  Pure POS and some other P systems are experimenting with pure IPOs and I think some will have a great advantage.  A pure POS system gets around many of the mining problems with bitcoin.  Those "problems" were actually the benefits that help kickstart bitcoin and the whole crypto scene, but now that the scene is kind of working, they aren't needed as much.  The value of bitcoin isn't really that miners wasted huge amounts of electricity, computer hardware, and processing power doing useless calculations in a race to be first to finish a pointless puzzle.  Who really values pointless endeavors?  (Well.... I think most of the things my little sister does are pointless but that is a different story).  The point is now that bitcoin has shown that yes this bitcoin thing can and does work, it is time to lose the wasterfulness of miners.  POS and IPOs are one way at this, but not the only way.  It is possible they might be the next big thing.  If not for anything a large POS indirect mining pool can destroy cheap pure POW altcoins and use the ravages of war to boost the POS coins.  There isn't anything a POW can do.  Most mining POW are just inherently flawed schemes. 

Bitcoins success is not due to his way of distribution. Any way a coin issued is not important, important is after the release of promotion and the team's planning and development

If your definition of success is that it must overtake bitcoin then you have very high standards. I would certainly judge NXT a success and this had an IPO. XCP as well.

100% IPO coins, no

For premines, a premine of under 1% doesn't really affect much for the long term for a coin like Whitecoin which had a fast mining period anyway.

Pretty sure the dev sold his small premine, then the community took over the coin, so since he has no stake in anything anymore, it doesn't really matter what happened with him since he's gone from the picture with no amount of coins anyway.

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IPO tards are loose now lol

scammy idiots..

and one side is in jail lol