Hello. I was wondering, what is your opinion about high premines? I'm thinking to launch a new coin, with a really, really high premine, like 90% - would that be a problem to you or not?
Personally I was really skeptical about high premines earlier, but after I've had my own first project - I have learned my mistakes. Never do a coin from your own funds unless you're a billionaire.
How would you react to a coin that has 90% premine? Would low supply to miners increase the price of a coin?
To be honest I wouldn´t invest in a coin where 90% is owned by one person. It simply doesn´t look like a legit investment, because it looks like the coin was created to make the owner rich and not to invent anything new.
The other thing is, that you could influence the price of the coin way too easy.
As for example if you wanted you could just sell your coin for half of the price and still make profit (so the once who bought the 10% would be f..... )