Post
Topic
Board Altcoin Discussion
Re: [OPEN LETTER] to Thomas Nasakioto
by
N12
on 19/08/2011, 23:33:51 UTC
I read the thread you read, all it states is that 1.5 million BTC were mined in 2009. Are you saying that Satoshi is the only 2009 miner? Seriously? Come on...
Moreover, as NO FUCKING BLOCK was premined it is absolutely impossible to know how many blocks Satoshi did mine, and we just don't care because the point is that if YOU started to mine on 1/3/2009, you would have at least as many bitcoins as Satoshi
Mad not to be an early adopter? Don't say it's Satoshi's fault
https://bitcointalk.org/index.php?topic=37333.msg458441#msg458441

What does your post have to do with the fact that if Satoshi owns any amount as significant as the Ixcoin owner does (which is very probable), he could equally crash the market on his whim? How is the situation any different?

Until then many of us will likely stay away from ixcoins given that you could potentially crash the exchange(s) with your large amount of ixcoins in one sitting.

Are you mad because you can’t handle economic realities without resorting to moral/philosophical nonsense and stupid accusations?

Also, one key difference:

We know exactly which blocks have been pre-mined by the Ixcoin creator and can track those coins. We can see if they are sent somewhere else than an address for a bounty. It’s transparent, and if he fucks up once, Ixcoin will be done.

PS: I don’t own any more Ixcoins and I own a larger number of Bitcoins, so don’t come with arguments of bias etc.