This presale format MASQUERADES as "fair and open", but it's the dev (and his cronies?) who are in a position to really game the system and do some illegal/unethical things.
The more I think about it, the more pissed I get - this is NOTHING MORE THAN A PREMINE with a different name/scheme...btcdrak could have easily boughten more than 50% of the presale viacoins with ZERO RISK whatsoever!
Also, in the entire next 12 months, there will only be about 6.5M viacoins mined anyways, so if the dev "bought" (i.e. sent BTC from his left hand to his right hand) 50% of the presale viacoins, he essentially "premined" 30% of viacoin on a 1 year time frame!
no wonder why btcdrak acted so rude and guilty in the IRC chats - he's probably too busy sending BTC to his presale and felt guilty about it!
do you all see my point!?
That wasn't the dev. He just made over 600 BTC in ICO funds. He's a pretty trusted guy in crypto trading circles, I just don't see him doing this kind of stuff. If you weren't expecting massive buys at the last possible minute you must be new here. Those huge buys were probably cryptocobain .
check the blockchain, https://blockchain.info/address/1BoAzeau3NHzRd1Mq9BXebyG1cJ1FEbeKk
the guy who invest 75btc has 2756BTC!
he is a big player and holder for sure.
if you check the public note signed in the blockchain:
you will find more info, such as
That guy donate 27.2447 BTC for peace: Public Note: I'm a guy from Ukraine. In Ukraine the Civil War and the Nazis kill innocent people. I have three small children and I fear for their lives. I want to get away from the war, but I did’t have enough money. Help me please. Send me some BTC. Save our souls.
Public Note: 3 BU condition 1 BTC Casascius 2011 error coins as agreed by PM.
Public Note: https://bitcointalksearch.org/topic/m.7648595
Public Note: https://bitcointalksearch.org/topic/m.7576886
Can you find the 75BTC person now?
the biggest invest did not come out from dev.
and this coin has a big potential to rank in top3 in the coinmarketcap, that's the reason why i invest.
as we all know, recently cryptoword are full of useless features, we do need a great coin to lead altcoin to the right path that altcoin should focus on real applications based blockchain.
i see so big potential on viacoin, that's the reason why i invest.
personally i think the applications based blockchain is the real reason that will support bitcoin reach 10K $=1BTC in the near future.