Re: ◥◣◥◣ [SIL] 611 (SixEleven) ◥◣◥◣ FREE ANONYMOUS DOMAIN NAME SYSTEM ◥◣◥◣
we need bittrex (costs 5BTC) or Poloniex (no idea) 
poloniex is very hard to reach
i don't know what their requirements before adding new coin
i think they must understand about this one and consider it
Exchanges tend to stay away from coins with large premines due to the obvious dumping by devs - & seeing as this coins premine is not only massive but is also undecleared in the OP - it will always have trouble not only getting listed, but also attracting any serious traders. I thought this coin had some potential as an alternative to NMC when I first came across it, until I read this:
Hey, looking through the block explorer, I noticed something that doesn't sit right with me.
The initial instamined blocks were all worth 611 coins, a thousand times more valuable than the 0.611 block reward currently running. This was then reduced to 61.1 coins per block reward, and then presumably further by multiples of 0.1. This is not disclosed anywhere in the original post. In fact, none of the block structure is disclosed in the original post.
From downloading the wallet upon first seeing the original post, I know about 8000 blocks had been mined before public release. This wouldn't be so excessive if the block reward had been 0.611 coins the whole time-- basically this would have resulted in a premine of about 4888 SIL out of 611,000 total eventual supply, which is reasonable at 0.8%.
However, this is the actual mining reward structure:
Block 1-287: 611 coins per block NOT DISCLOSED IN OP
Block 288-2879: 61.1 coins per block NOT DISCLOSED IN OP
Block 2880: 0.611 coins per block, smoothly decaying
[...]
The initial instamined blocks were all worth 611 coins, a thousand times more valuable than the 0.611 block reward currently running. This was then reduced to 61.1 coins per block reward, and then presumably further by multiples of 0.1. This is not disclosed anywhere in the original post. In fact, none of the block structure is disclosed in the original post.
From downloading the wallet upon first seeing the original post, I know about 8000 blocks had been mined before public release. This wouldn't be so excessive if the block reward had been 0.611 coins the whole time-- basically this would have resulted in a premine of about 4888 SIL out of 611,000 total eventual supply, which is reasonable at 0.8%.
However, this is the actual mining reward structure:
Block 1-287: 611 coins per block NOT DISCLOSED IN OP
Block 288-2879: 61.1 coins per block NOT DISCLOSED IN OP
Block 2880: 0.611 coins per block, smoothly decaying
[...]
Exchanges read these coin threads & do some research on the coin to ensure it is worth their while listing it. Unfortunately, due to the premine & the attempts to hide it, this coin will always struggle to be adopted. Shame really, because the original idea is good.
Reputable exchanges won't list premined coins.
Please stay with the facts:
https://bitcointalk.org/index.php?topic=1235629.msg19514064#msg19514064
Listing on Polo or Bittrex requires significant trade volume. That's why 611 (SixEleven) is not listed on these two exchanges, yet.