Topic: What do you think about premied coins? (Read 1294 times)
Nowadays it is hard to promote new coin to exchange. So premine is nearly necessity, but big premine is always scam
They're fine as long as a majority of coin in existence isn't a premine (maybe less than 5%?)
A trend.
Pre-mining is a scam. This is exactly like printing money.
Here, I'll give you a dollars and give myself 1000,
Now they will be worth real life dollars.
Ooops, I just sold 500 and they are now worth 1 real cent.
You lose.
Here, I'll give you a dollars and give myself 1000,
Now they will be worth real life dollars.
Ooops, I just sold 500 and they are now worth 1 real cent.
You lose.
not cool..
the ones that get into the premining process get all the money and the rest of the users get the D
this isn't fair :/
the ones that get into the premining process get all the money and the rest of the users get the D
this isn't fair :/
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I think small premines are ok if all the coins go to bounties/advertizing etc.
Then the devs should mine the coins themselves and give bounties out from their own stash. Pre-mining is just like printing your own money; not ok. People should refuse to mine any coins that are not distributed fairly.
Premine is just for noobs
Anyway... u can make money with that... well, maybe not u xDDD
Anyway... u can make money with that... well, maybe not u xDDD
Premine is the new black.
Scammmmm
The biggest scam ever why are you thinking of premining your coin?
with so many coins out there, pick the ones without the premine ... they always try to sell you on, oh we need this for development etc...
no they just want it for themselves ...
no they just want it for themselves ...
large Premined=they have enough to make market collapse as soon as an exchanger accept it=it doesn't worth it in my opinion
I think small premines are ok if all the coins go to bounties/advertizing etc.
SCAM!!
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why is it a scam?
Because they're no different than the banks printing their own money. There should be no pre-mines at all.
What do you think about premied coins?
Depends how much is premined, the less the better obviously, but I understand giveaways and rewards must be paid from something.
If a coin is innovative with good fresh ideas, it won't need rewards and giveaways etc, it will grow organically. Which is what you want.
Unfortunately we see more of Halley's comet than innovative coins nowadays.
What do you think about premied coins?
Depends how much is premined, the less the better obviously, but I understand giveaways and rewards must be paid from something.
why is it a scam?
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