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Topic
Board Announcements (Altcoins)
Re: ♦ [ ANN ][ MIM ] ♦ Magic Internet Money ♦ Do you belive in magic? ♦
by
PinkPotatos
on 14/02/2014, 00:49:31 UTC
I'm curious how you determined what a pre-mine of  0.1% is with a coin that has an eventual unlimited supply. Could we get what the premine was in terms of coins?

Sorry its 0.1% of 1 trillion im sorry. Which will take roughly 100 years to create.

So if my math checks out, you will control over 50% of the market until block 24928 at which point the total mined will equal the pre-mine of one billion coins. At 30sec per block, that comes out to be around February 22, eight and half days. I sure hope you don't dump, because that's a lot of control over the market.

Now you know why the bounties pay so much. We will be giving tons away.