Post
Topic
Board Announcements (Altcoins)
Re: [ANN][STACK] StackCoin - Get in Now - #Fast Decrease# [Launch 22/02/2014]
by
mallocdotc
on 22/02/2014, 10:23:34 UTC
I feel sorry for anyone who bought into this scammy pre-mine already.

Some simple math on the current 6.72 billion pre-mined coins with the current 55.9BTC buy-in volume:

(6720000000/55.9)*0.00000001 = 1.20214669

So you'll be seeing a mere 20% profit if it sells at 1 satoshi. The more people who buy in, the lower the total possible profit at 1 satoshi will be. The break point for profit at 1 satoshi will be 67BTC of buy-in.

With 134.4 billion coins, it's not even worth 10 litoshi. This dev pulled a swift one here. Hats off.


Edit: another 1.5 billion pre-mined coins for the "bonus round". If alarm bells aren't ringing yet, you deserve to be had.