Quote from: iCEBREAKER on March 10, 2017, 08:54:16 PM

Quote from: toknormal on March 10, 2017, 12:17:52 PM

Quote from: dinofelis on March 10, 2017, 08:09:27 AM

Quote from: toknormal on March 09, 2017, 09:43:38 PM

Quote from: dinofelis on March 09, 2017, 03:13:28 PM

most probably half of the stash is in the hands of Evan Inc.

1-2.8%

How can this be, if he got all the stash at the premine ?

He didn't. I don't know where you heard that.

Quote from: dinofelis on March 10, 2017, 08:11:31 AM

A simple compound-interest calculation puts it close to 50%. Start with 100% of the stash when there were 2 million coins (the premine). Then apply the 45% interest on the mining and re-capitalize it until you reach 7 million coins or so.

The Lottery is a tax on people who are bad at math.

The Dash scam is a tax on people who are bad at math *and* don't understand the role cryptography plays in crypto-currency. Cheesy

In the last week 2 people with advanced degrees (dentist and an MBA)...
Asked me about Bitcoin... then completely zoned out about 10 seconds into the discussion.

About 50% of the transactions at my local gas station are Canadian lottery tickets with absurdly bad payouts.

So what is the common thread? = convenience, always convenience

This is why Bitcoin will never go mainstream... and no one gives a shit about ancient premine issues, etc

Boom... ETF denied.