ZClassic ...Congratulations on your great and speedy work..
I too agree that ZEC devs are being unreasonable taking away 20% of every coin that is mined and traded. Plus pre-mine.
I understand that dev's need to be paid for their work but it doesnt cost 100's of millions to develop this coin further..
It is one thing to cover your costs and make a decent earning but quite another when you rape the community that supports you and gets you off the ground.
I like it when people are successful but I don't like it when you get Ferrari's, Porshes, Lamborghini's, swanky New York penthouses and Malibu mansions at the expense of the people that form the community that supported you when you were unknown. We placed our trust in you only to be shafted.
The truth is that just like most other coins... The devs copy/paste from Bitcoin.. tweak a little add a name and then use the community to build that coins name. XRP (Ripple) is a great example.. Then when the company/devs get noticed by big companies, corporations and banks they forget about the community that helped them get there and sell off the technology behind the coin to get rich quick, while the rest of the community don't benefit from this at all. Man and his greed for money hey !!
Golem is another classic example of rich getting richer and poor not even having a chance to begin with.
$8.4 million raised in 20 mins.. That money is our money !!! Worst part is they create a coin that they sell back to the traders for even more profit.. What a joke.. I guess the sheeple are easy prey...
Anyway the way I see it is like this..
When ETH goes POS and can't be mined by people like me and you.. the mining power will go to the next 3 most profitable coins..
ZCL and ETC and ZEC (in no particular order :-)
The hashrate will grow exponentially and at first at the current prices it will be unprofitable to mine so the correction will force the price up..
Lets hope that price increase will go to Zclassic in support of the miners and traders alike and not more money in greedy ZEC dev pockets..
The community has many times stood together and every time come out on top.. This will be the same.
Mine those Zclassics or Zickles and hold them.. miners don't dump them... and let us, as a community, make some money together to be shared equally for our efforts