Post
Topic
Board Altcoin Discussion
Re: How do people buy from a 170 Million premined coin?
by
paramind22
on 01/01/2017, 22:26:01 UTC
I don't want to harp on this.. it won't do any good anyway.
All i can think here is if there is a large premine ?
It WILL catch up with you and bite you in the ass.
People will forever dredge it up and rail on about it again and again for years to come.

The sensible thing for the guys behind the coin to do would be..
Start working on that "Ledger" ASAP !

And keep it real !
People can tolerate a whole lot of bad if it is delivered honestly.
Vs people scheming to hide things and BS etc.
So..
If the dev took a chunk of the premine and spent it on coke & hookers ?
Admit it !
Come clean and then from that point on be honest.
The worst thing any dev can do in crypto is drag shit on for years playing games lying and making poor excuses for blatant behavior.

That applies obviously to any coin project.
I am not really for or against this coin in question.
Just trying to offer some insight and advice to PREVENT drama.
I am not posting this to START drama..

Good luck guys (which ever side your on in the battle)  Cheesy

Good luck trying to get thieves to own up to their thievery.  They can color it anyway they want ... premine ... ico ... its outright thievery yet they still manage to pull in the suckers.

A lot could change if people would guit buying into this shit and boycott the scammy past, present, and future scammers.

Was this thread created to warn scammers not to buy in?


No, if you read my posts, I am not against Gulden, nor is "how do" in the title meant to be sound like it was all preposterous.
I am interested in the idea of value creation, which seems like quite a real thing to me.  If you just read what I wrote it should
be more clear.

I wrote these about 8 years ago but you can see the same line of thought:

11) Many new jobs only need be responsible for creating value, because a system of barter has already worked in many economies. Think of senior homes/low income home improvements. Seniors could help with baby sitting as younger parents could help with home repair.

14) We should be focusing on "creating value" not only "earning money." For example, imagine digging up some of one's lawn area and preparing the area for a nut and fruit tree orchards and other gardening area. This will create a substantial amount of "wealth" each year for one's household without having to bring in more money to buy things. There are many such improvements one can make and even invent for other people. There are low income but ready now electric car conversions that people have done for virtually every make of car.

from

http://www.paramind.net/new_education_new_economy.html


I think it's great how people can create a currency based on group involvement and hard work and have it be worth something for people
that aren't getting ahead in the current economic climate.