Post
Topic
Board Altcoin Discussion
Re: Don't be fooled by minor premines
by
cryptoirc
on 19/01/2014, 07:27:33 UTC
your post gave me a cancer

good, i hope you die. this place needs less useless shitposts like this.

OP brings up a good point. Most altcoins never last for more than a few months. So a 2% premine may actually represent a much higher percentage of available coins during the lifespan of the coin.
2% is not a lot however considering the life of a coin it could actually show nearly or more than half the coins in circulation.

Thanks to the few who've understood my point. Gives me some hope that in the future people won't get suckered in.