Quote from: damNmad on December 28, 2017, 07:30:34 PM

Quote from: crst on December 28, 2017, 06:57:06 PM

Quote from: pbuva on December 28, 2017, 06:54:45 PM

No, it is not. This currency does not work this way, it's the same as RIPPLE.
Both had all their currency created at start.

uhm but then what's the point of buying it if the owner can just CREATE the amount of coins/??? Why won't he just grant him 100000k coins and be done with it?

Well, like @beezoonours said it would lower the value, value of the coin/token goes up/down based on the number of transaction on exchanges (mainly based on number of people buying the product). Good price can be achieved by the best decentralised coin/token.

If he just grants himself a 100000k coins it would give him nothing but those coins to himself!! Many loop holes in the contract might just ruin its popularity too, see how many Ethereum based tokens alive after that AIRDROP storm happened in past two months.

so from a perspective of a investor, if both coins were worth 1$, in which one would you invest?