Yup.. buckle up it's Rant time again 
I hear all the time well my premine for my newly released coin is only like 1 or 2%
and then they say that it calculates to a very small amount..
Take Digibyte for example..
https://bitcointalk.org/index.php?topic=408268.0
So that means they have 105 million coins premined at the public launch.
What bothers me is that the above calculation was made under the premise that all possible coins have been mined.
but in reality NONE have !
So what that means when the laws of reality are applied is that those 105 million coins are worth far more NOW,
than they would be if you had them way later when all coins have been generated..
It's the laws of supply and demand at work.. what is something worth if it's rare ?
The fact is most of us know that coins before they end up on major exchanges trade for insanely massive gigantic amounts
and when they are finally added to major exchanges such as Cryptsy the day one, hour one price is so sky high it's insane to buy any.. but people do !
And this routine on every new coin launch makes a LOT of people a LOT of money !
So all a so called "dev" has to do with his premine is sell off a chunk of coins for a super massive high value early on,
and then buy back coins later when the coins value drops like a rock and stabilizes (avoiding the pump and dump of course)
Then if there is a ledger made for the public they can cook up the books and make it look like no coins vanished mysteriously.
think about it guys..
How valuable would it be to you if you could "borrow" say 100 Bitcoins temporarily so you can do some trading for a bit ?
Then obviously take your profits and hand back the amount borrowed.. assuming of course Coin Cloners are even honest about handling pre-mines in the first place.
I tell ya i would have loved to have a 105 million Digibyte before launch i could have sold a bit way higher and bought back lower and still have the 105 million untouched.
There is no real need for pre-mines. There is excuses for them and that is it.
People who support them are being trusting and THAT is pretty dumb.. look around you lol
anyway that is enough from me.. if other people want to highlight some of the other bad things be my guest.. cough cough IPO <----
I hear all the time well my premine for my newly released coin is only like 1 or 2%
and then they say that it calculates to a very small amount..
Take Digibyte for example..
https://bitcointalk.org/index.php?topic=408268.0
Quote
0.5 % Pre-Mine (105 Million) Note: We are effectively now a .25% premine as over half has been given away.
So that means they have 105 million coins premined at the public launch.
What bothers me is that the above calculation was made under the premise that all possible coins have been mined.
but in reality NONE have !
So what that means when the laws of reality are applied is that those 105 million coins are worth far more NOW,
than they would be if you had them way later when all coins have been generated..
It's the laws of supply and demand at work.. what is something worth if it's rare ?
The fact is most of us know that coins before they end up on major exchanges trade for insanely massive gigantic amounts
and when they are finally added to major exchanges such as Cryptsy the day one, hour one price is so sky high it's insane to buy any.. but people do !
And this routine on every new coin launch makes a LOT of people a LOT of money !
So all a so called "dev" has to do with his premine is sell off a chunk of coins for a super massive high value early on,
and then buy back coins later when the coins value drops like a rock and stabilizes (avoiding the pump and dump of course)
Then if there is a ledger made for the public they can cook up the books and make it look like no coins vanished mysteriously.
think about it guys..
How valuable would it be to you if you could "borrow" say 100 Bitcoins temporarily so you can do some trading for a bit ?
Then obviously take your profits and hand back the amount borrowed.. assuming of course Coin Cloners are even honest about handling pre-mines in the first place.
I tell ya i would have loved to have a 105 million Digibyte before launch i could have sold a bit way higher and bought back lower and still have the 105 million untouched.
There is no real need for pre-mines. There is excuses for them and that is it.
People who support them are being trusting and THAT is pretty dumb.. look around you lol
anyway that is enough from me.. if other people want to highlight some of the other bad things be my guest.. cough cough IPO <----