Post
Topic
Board Altcoin Discussion
Re: So now premine becomes popular?
by
shoichikun808
on 26/01/2014, 19:41:21 UTC
seeing how Premine (coin) is working, nobody really paid much(if anything) in the beginning and it was spread from there.  I didn't read much into it but it seems like a majority of it went to people who were interested early enough and just posted their account info.

It's more a play on the fact of how a coin develops "value". Through use of electricity mining the transaction fees, etc. If more people want it then the value increases.