Quote from: placebo on September 07, 2015, 05:55:30 PM

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Quote from: Frogman on September 07, 2015, 05:28:08 PM

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Quote from: Zebedee23 on September 07, 2015, 04:32:25 PM

Apparently Official policy is Yobit will only burn the coins sold into the buy wall if the dev has made special arrangements to do so.It is not something they do automatically.

How they going to burn them exactly if they do so?
The coins will still exist. Best option is to offer small portions of the coin to investors.
Raise some more cash for development.
Each investor will only be allowed to buy 500 coins.. Make it public as well. Discretion on the IDs of the investors of course.

Yobit burns coins sending them to a brand new address that canìt be used, every coin sent there is burned.
Thay can't take the coins back from it.

what coins are being burned?

The unsold coin and I guess even these sold over the wall

That is all not true. It all based on what has been discussed with DEV. Most of the time the unsold coins are being burned, in fact almost all the time they are burned, but the coins sold on buy wall are most of the time not burned, it also doesn't make sense, else they need to put their ICO twice that high.

ok right, the coin over the wall will be burned if the dev asks to burn them. What will he do?