Quote from: Tobler on January 12, 2015, 04:40:56 PM

Quote from: Comic Book Coin on January 12, 2015, 04:26:54 PM

Quote from: Tobler on January 12, 2015, 04:12:27 PM

Please not another premined coin. By design you want to own all the coins? I dont think anyone supports premine scams anymore.. well maybe some noobs will still get ripped off.

Ah, the miners are here again. By now you guys are usually gone. Please read the website or even just this announcement. It is correct that you will not be able to mine and sell and mine and sell this coin like you do all of the others. But, this is not a scam and is in no way structured like any of the coins you are referring to.

This is purposefully not being mined as it is an asset-backed coin. Giving away coins to miners does not get coin holders assets, it just gives miners money. There is nothing wrong with mining, but it doesn't apply to asset-backed coins. This is not another empty blockchain coin. It has, and will have, assets.

You premine all the coins and sell them to people, yes?

There is no mining in Ripple, bud. Looks like an ICO (of sorts) to me.