Quote from: BTCIR on April 21, 2019, 02:49:17 AM

Quote from: tippytoes on April 20, 2019, 11:17:59 PM

Quote from: BTCIR on April 20, 2019, 09:26:07 PM

BTCIR Mac Wallet is coming soon.

As a lot of users already noticed, you have 1M premine, basically it is about 95% of your current supply. How are you going to spend those coins, so people will stop speculating that you will just sell your coins and move on?

The items listed on your roadmap for 2019-2020 can be accomplished this year alone. Any additional plans for 2020?

https://i.imgur.com/6we6hrE.png

Thanks for your positive and direct question. 1m may seem like 95% of the current supply right now, but this percentage is decreasing every minute as more coins are mined. And if you look at the numbers, only 2% of the total supply is premined and it's literally incomparable to many other projects which have 100% premined with billions and billions of supply - sometimes up to 100 billion coins!
Premined BTCIR coins will be used for the team, rewards, contracts, bounty, and even for listing on exchange. We don't have the exact numbers right now but we'll share it later as the direction becomes more clear. We'll do anything that promotes BTCIR in it's acceptance on different platforms as payment.

Like many other cryptocurrencies out there BTCIR is a decentralized project and it cannot be stopped by anyone anymore, so it's here to stay and it's growing everyday as more people notice it and more miners join in. It's truly amazing to see how fast BTCIR is growing and how far it has come in just two weeks since it's launch on April 5th.

In regards to selling the million and moving on - which I have to give it a big smile

- if it comes to that point where 1m BTCIR is a significant number, then it will be a winning situation for all BTCIR holders - not just the team. But BTCIR is not even listed on any exchange yet, and even that, there are so much work and investment is required from the team to manage to take the project that far. And at that point there would be no reason for the team to abandon a successful project.

By the way with this very insignificant amount of premine and the wisely calculated mining reward per block, with maximum supply of only 49 million coins, this project can be picked up by anyone (being decentralized) and taken to the next and next level.

In regards to the roadmap; you're absolutely right, it all can be done this year. There's really no way of laying out an exact roadmap for project like BTCIR where the main goal is creating the tools that will promote usecases mostly. Sometime the necessary tools could be specific to the platform where they agree to add BTCIR to the list of their accepted payments - just to give an example. On the roadmap we rather under-promise and over-deliver. Hope this answers some of the questions. Thank you again.

I really feel that I need to reply to this.

Thank you for taking the time to type all of the above and answer the questions that were asked.
Your explanation is sufficient for people who know how cryptocurrency projects work. Some premine is a MUST for any project and one million is not much at all. Yes, there are projects with hundreds of billions of premines that we blindly buy and loose money without complaining. The funny thing is that those 'coins' are not even mineable (100% premined) !!!!!!!!!!!!!!! Take XRP and many others for example!

Holly crap! and some people are complaining about this little project that hasn't even taken anybody's money, and not sure if it will even ever reach that point! I'M MINING FREE COINS HERE AND I DON'T SEE ANYTHING WRONG WITH IT.

People can always choose which coin to mine and in most cases it doesn't cost much to mine ( FREE COIN ) at all and this coins is one of those small and simple coins to mine.
p.s. newbie here doesn't mean the person is not active in the space or is not active on other related platforms and forums.