Premine will be used up early 2019 if they continue to spend 7 million coins every 2 months. Waiting for March and April numbers to be added to confirm the trend.
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The premine has always been accounted for on every single spend, per
https://developer.gulden.com/premine/.
Would you be so kind to enlighten, regarding 7 million coins every 2 month?
I am not questioning the premine usage, I am trying to determine the velocity in which the premine is being spent compared to previous years. 7 million was spent in Jan and Feb this year and my theory about the premine is that it will be spent faster this year then in 2014 and 2015. It also helps explain the price pressure on bittrex, more supply with the same amount of users will naturally equate to a lower price.