Post
Topic
Board Announcements (Altcoins)
Re: [ANN] LuckyCoin LKY | Lucky Blocks | Fast | Fun | Fair
by
Kryptox
on 25/05/2013, 02:18:05 UTC
Ha ha, not like Cryptohunter is a LITTLE more competent then you are or anything. But go ahead, and pretend you didn't premine this coin when you start selling it in blocks of 100k in a few hours.

Currently on block 1300 - there are only a total of ~120,000 coins in existence.

You MIGHT be forgetting the 'Luck' blocks here.. Oh and first 500 blocks. Premine.

The 58x reward is only paid every 10,000 blocks.  We're on block ~1300.  The other "lucky" blocks are insignicant.

500 blocks is only slightly more than 40,000 coins.  Out of a total of 200 million coins, this is nothing.  Even if the dev got as many as 40k coins, which is highly doubtful, fair play.  At even a price of 10 LTC per 1k coins, that amounts to around $1200.  

I mined and sold over $15,000 of feathercoins in only a few minutes at launch.