this topic is lame. who the fuck wants a 100% premined coin.
My guess is someone that is not a techie, cannot afford 1000's of dollars in miners and people who just want day 1 coin who know little or nothing about crypto, mining and computers
Topic: Whats your opinion on a fully 100% premined coin? - page 3. (Read 2591 times)
My guess is someone that is not a techie, cannot afford 1000's of dollars in miners and people who just want day 1 coin who know little or nothing about crypto, mining and computers
this topic is lame. who the fuck wants a 100% premined coin.
which miner wants a 100% premined coin? None
non-miner? Absolutely
this topic is lame. who the fuck wants a 100% premined coin.
I like them if there is an innovation. It´s just like a normal company doing her IPO.
We need innovation with superior programmers.
The shitcoins mining pump and dump - die game, is just a game with no future.
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because centralized.
How do you figure that out?Its centralized only to miners and from there it spreads. So theoretically miners can band together and put a stop to selling of Bitcoins.
It's centralised because it's 100% premined. How do the devs share it out in the first place?
I think it's just a scam if the dev keeps most of the coins and dumps whenever it suits him.
However, there are a few fully pre-mined coins I like because they are widely distributed between a thousand or more people without the dev keeping the majority.
However, there are a few fully pre-mined coins I like because they are widely distributed between a thousand or more people without the dev keeping the majority.
As above.
Depending upon what the coin is about and what it proposes to do for a specific or a general part of the world. The values of the coin and it's developers. Information on the team behind it etc, etc,etc. These and lots more things need to be discussed and documented before people will even begin to weigh the pro's and cons of a premine coin. Especially a fully premined coin.
Depending upon what the coin is about and what it proposes to do for a specific or a general part of the world. The values of the coin and it's developers. Information on the team behind it etc, etc,etc. These and lots more things need to be discussed and documented before people will even begin to weigh the pro's and cons of a premine coin. Especially a fully premined coin.
There are plenty of such coins. What improvements do you offer?
It can easily turn into scam after funds are collected 
But any savvy business person will see the better returns from continued expansion of a coin.
The scammers are only fly by night thugs and quickly vanish
It can easily turn into scam after funds are collected
Gotta love Preminecoin
because centralized.
How do you figure that out?Its centralized only to miners and from there it spreads. So theoretically miners can band together and put a stop to selling of Bitcoins.
because centralized.
Ive been reading some pros and cons to being fully premined coins and would like to hear your opinions.
I think the biggest advantage of premined coins is the it can be released out to the public a lot easier without the need for miners to continually spend 1000,s of dollars in equipment that has a very short lifespan due to mining/power consumption/difficulty.
I also believe that it bypasses the need for the "techie" group to be directly responsible for its release which ultimately they profit from by being "early adopters"
I think the biggest advantage of premined coins is the it can be released out to the public a lot easier without the need for miners to continually spend 1000,s of dollars in equipment that has a very short lifespan due to mining/power consumption/difficulty.
I also believe that it bypasses the need for the "techie" group to be directly responsible for its release which ultimately they profit from by being "early adopters"
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