Post
Topic
Board Announcements (Altcoins)
Re: ♥ ♥ ♥ [ANN][TTC] TittieCoin - Come Grab It! LAUNCH IS NOW! ♥ ♥ ♥
by
T247
on 02/02/2014, 22:48:54 UTC
Why would any respectable exchange list your heavy premined coin?

What you sheep don't get is 1.3% doesn't seem like much but that 1.3% is immediate and instant, from day one.



Current mined coins to date (block 1406):
11,251,240


Premined coins:
74,000,000



The devs control almost 7 times more coins than have been mined.
This is a common pump and dump mechanic.

i.e. the max coins is very high, but the block reward is very low. This gives them an advantage over everyone for the forseeable future. It also gives them the ability to manipulate prices as they are a whale larger than the ocean in which it swims. They can crash the price by selling, buy in low to drive up the price and repeat.

This coin was created solely for the benefit of the developers.
Learn people.





We are sorry that there seems to be a few misunderstandings surrounding our commitment to TittieCoin. The premined coins on our project dose not mean that we will dump the coin.We are dedicated and are giving away TTC daily, there is no reason for us to shoot ourselves in the foot and damage the coin after all the work put in and the long hours our team have put in to make this work and continue to put in. I hope within time critics will come to see that we are in fact 1000% committed to TittieCoin and believe in it's future.

Sincerely
TittieCoin Founders

How would you respond to this?

http://imgur.com/roaj6ig