Post
Topic
Board Announcements (Altcoins)
Re: [PRE-ANN][HVC] Heavycoin - CPU-only, Ultra-secure, Decentralized Voting
by
ymer
on 18/02/2014, 17:17:06 UTC
hahah lol the story that you're telling me is exactly what you plan to do with this coin.
I can write down in some quick sentences like this:

- I'm a dev of what ever garbage coin.
- Im going to release a brand new coin with brand new algo (well, actually combinition of ton existing algos lol, plus a protection called HUF... something)
- I'm want to get ppl attention like MAX and even RIE but i dont have a big daddy like Max Kaiser, the IPO is solution to get money from investors.
- So i borrow all my friends to have 20 BTC, then i invest them all to 5.000.000 pre-mine coin. Actually, i will not lose any thing from 20 BTC because the IPO address is my BTC address lol lol.
- After very big official, fair launch, i have almost 5.000.000 pre-mined HVC but ppl cannot yelling/complaining that this is pre-mined coin, it's an IPO, not pre-mine.
- Now i can pay 1.000.000 to any big exchange to get HVC on board.
- Finally, when ppl are still mining very hard, diff is kind of skyrocket day by, i'm very easily dump my 5.000.000 HVC to get the profit (note that, before that, i have return back 20 BTC to all my friends, i dont have to pay any single shatoshi). As my estimation, after slowly dump out all 5.000.000 HVC i cannt get back 20-50 BTC. Note that, this dumpping must be very very slowly, may be 1-2 BTC a day to keep price stable and keep miners trusting on mining profit lol  Grin



Couldn't have said it better myself.

To OP, you got to greedy and ruined your own IPO.