Post
Topic
Board Announcements (Altcoins)
Re: [ANN] DERO: DAG + Cryptonote + Bulletproofs + SSL + POW + Smart Contracts
by
MagicSmoker
on 24/07/2018, 21:19:03 UTC
You guys should really stop talking about the premine being unlocked vs daily volume. Its a stupid argument. Before they cratered the price of Dero being stupid.. daily volume was over 100k a day. You're literally saying 'I don't care about the unlocked premine because today its doesn't matter and the future is irrelevant. What is today.. will remain forever!' If the price picks up and the volume returns that premine being unlocked could be a very big deal.. one that is completely avoidable by doing what you said you did in the first place.

A fair point, but I would counter with: if word got out that the premine was being sold on the open market outside of the (sort of) planned releases the price of DERO will basically go to zero. There's just no way to unload a meaningful amount of the premine without causing the proverbial Panic At The Disco.