Post
Topic
Board Altcoin Discussion
Re: Do you think "iamnotback" really has the" Bitcoin killer"?
by
iamnotback
on 12/01/2017, 00:40:29 UTC
Eh, it's a stretch to call Satoshi's coins a premine. He announced Bitcoin to numerous people, it's not his fault that almost no one cared at the time.

Good intentions have nothing to do with whether it is a premine or not.

Also his actions determined his intentions. If he didn't want a premine, he could have chosen not to mine or to publicly destroy his coins.

What's the planned fair launch going to be like? Looking forward to this

Still thinking about it. People are bitching so much about a small ICO (with most coins to be distributed not by ICO) that I am thinking about just keeping those ICO coins for myself and proceeding straight to launch. I am still contemplating what is best.

Sorry but how did Satoshi premine any coin? As far as I know, he started mining after announcing and releasing the code on the crypto mailing list. To qualify as a premine, the software must not be released to the public. Of course, back then no one gave a fuck so he mined a lot at the start.

Semantic games are irrelevant IMO. What matters is how many coins did the insiders get. Steem also announced on the forum but almost no one was able to mine because they didn't provide binaries for Windows, so the insiders got 80+% of the money supply. That isn't much different than Bitcoin's launch.

Dude I just hope you are right and can deliver a great coin that makes us rich. The bitcoin boat already sailed, and I dont want to wait 30 fucking years to make a million. And then we have the shitty altcoins that have already also pumped and just stagnate for life now. Theres nothing I can think of to get rich, nothing new or exciting.

I hear you. I am in Singapore now to see the doctor. I been working in gym like a beast past week trying to effect some change in my health. But sorry to say, my health is all fucked up. Bad insomnia last night after eating Subway. I can't work effectively with persistent insomnia.

Look I understand what is required on all aspects (network effects, investor ROI, etc). The issue is whether I can be healthy enough to proceed. I am working on that right now.