Post
Topic
Board Altcoin Discussion
Re: [ANN] ZENITHCOIN (ZTC) by Invitation Only Early Mining
by
solracx
on 07/06/2013, 18:02:15 UTC
These are serious questions about the future potential of this coin:

I've been watching this debacle from the beginning and I'm still stuck on the 50 kickbacks.

What's the plan with the constant kickback? What is the 50% going to be used for?

How are you protecting the 50% wallet from attacks? If you lose access to that wallet, wouldn't coin prices plummet?

To me it sounds like a coin with a big red self destruct button. If that's what you're going for, I can see it working.

But please let us know what your plan is for security of literally the life of your coin.

~richgene

Please read the FAQ http://www.zenithcoin.com/?p=46

You keep criticizing the coin and it hasn't launched yet!    There are sound economic ideas behind it as compared to other coins that have no backing whatsoever.   

Looks at all those coins,  FTC, CHN, BYC, FST, BTB, .... etc.    What value do they have other than occassionaly being more profitable to mine than LTC or BTC?  Read the FAQ.

Almost every new alt-coin I look at, it looks like an investment into  a penny stock without anyone responsible for long term management of the stock and having no equity stake in the stock.  That is a joke of an investment!