Man many coins are pumped and dumped all time.In some time that 3% premine at this price lvl won't have such influence since everybody can join and buy that Panda @3 satoshi discount or even @1 sometimes. In long run everybody can get their shares at little price.
Then everyone who will come here and will be talking about Wolog... fuck of that coin was @1-@10 satoshi for 2 months.
For 1BTC you could have even 100m of theese coins.
Everybody could buy it at 0 costs now when you missed train just cry.
This is risky i know.
See what happened to quark was worth shit for long time and at the end of story price went skyrocket.
Why some whales were buying it at low they had a plan they pumped it when they had big amount of shares at low price.
Everybody don't give a chance quark for a six months and when price skyrocket all says same bullshit about premine...
After reading some new i was crying to but when i got on their bitalk forum and i looked at prices on cryptsy and i relized what a lies are speard around.
I investigated it and it wasn't premined at all... but before six months none was interested in Quark coin, it lied on ground yield to be picked up. After someone pumped it all they woke up and cryied premine...bla bla just but they just missed train and were jealous.Doge have similar distribution and none cares about it in 6months 88% of coins will be mined.
Panda is in good development IMO good wallet creative artwork.It can took some time but this coin have chance like others.
In other hand:
Ruby is starting with 2% premine and noone is calling shitstorm with premine... all want mine and +$ sell and $$ noone cares about premine.
Earthcoin(3%), Megacoin(5%) Ultracoin(2% and POS !!) was premined go their forum now and seek flame on premine now...
I don't think that was happened here was OK but this is not the end of the world i think this is not the end of PANDA too(i hope so).
That coin can die but many other coin can die too i am taking that risk any way all time i invested in something.
Those guys who risked buying BTC 4 years ago did the same.
I am interested in Panda and 20+ other coins
i give all of them chance why not.