why is everyone asking for 1M EAC?
no one has 1M EAC other than devs. maybe like 5 miners have gotten this much , and believe me they will be hoarding it. they are building large positions in new coins, just like all you buyers are trying to do.
so I would guess there are only a few million EAC up for grabs total.
there is already more demand than coins
bodes well for us who have some and aren't selling it.
mine is up for sale, 200k EAC / 7 BTC.
in a few weeks a bunch of you will wish you had bought it from me.
I have one one for you, sir. Brilliant.
I don't get it. wats a one one? do u have 1 million EAC? if so im helly jelly bro. keep it forever this coin is going to exchange for sure. its named good and has 1000 MH on network right now.
gg lowballers.
exchanges look down upon massively pre-mined scamcoins like EAC
maybe they do, Im new I don't know but I understand market dynamics pretty well. im learning fast.
it would appear that despite your opinions coins with similar premines have been successfully launched. furthermore, imo, this bias towards non-premined coins is a byproduct of an immature and greedy market (immature as in new, not childish)
if you started a company with 0$, who would invest, and at what valuation?
if you started a company with $1M , who would invest, and at what valuation?
there is a missing dynamic people are failing to understand. properly managed premines should be the norm, but instead coins are generally trying to avoid the premine accusations by pretending to fair release and then instamining with the heavy hitters. the reality is that despite what anyone might want to argue, a properly managed premine is actually the strongest way to launch a coin.
im not suggesting there are or will be any properly managed premines, just that fundamentally it should actually *increase* the value of the coin and the faith in its future development, not hold it back. its just that everyone assumes any premine will be dumped at market the second a bag full of money is presented to the devs.
this is probably actually true and so therefore the current market dynamic is aligned with this philosophy, but it also prevents anyone from proving the naysayers wrong.
personally I would premine heavily any coin I would theoretically launch. there is no other way to guarantee the ability to develop it.
its like everyone expects devs to dev a coin for free, support it for free, get it listed for free and then miners get rich while they have nothing. that's ridiculous.