Quote from: Tyler.Durden on August 21, 2017, 07:59:22 AM

Quote from: B. Hodler on August 16, 2017, 02:23:28 PM

Quote

A total of 999x10^9 coins will be emitted through the mining process over the course of 50 years.
Funds emitted during the mining process are proportionally distributed as follows:
1) 83% to the 101REcoin Open Trust to be put toward further real estate investment
2) 15% to REcoin miners
3) 2% to charitable organizations

999x10^9 coins is 999 billion or almost 1 trillion coins! the highest circulating supply on coinmarketcap.com is bytecoin at 183 billion (can buy 717 for $1usd by the way). Why such a ridiculously large amount?

15% to REcoin miners. Why would miners waste time, money, and expensive hardware, mining something that they only get 15% of. what is the block reward for mining recoins?

Bro they are crazy if thats how many coins!!!!!!!!!!

999 x 10^9 = 999000000000 Is total coin supply... Are you serious??..................
And you want nearly a DOLLAR!!
Please tell me this is not true lol. I am definitely not investing now. Was thinking of it but no way if your intentions for this many coins.........

Thinking on investing? have you not read this thread? Huh