Hi guys! Long time lurker here, been through about 15 coin launches now and decided to create an account merely for the AIRcoin thread.
Really excited to see how this turns out. Nearly every launch i've been a part of has resulted in a near immediate pump and dump, Alexander's strategy in dealing with such circumstances seems overall pristine so far.
Alexander's strategy of keeping a majority of coins controlled by the DEV team is an outstanding one. It is probably the only way to near-guarentee a smooth launch free of market manipulation ( except the benficial manipulation by Alexander and Team ).
This has caused a few readers to bring trust into question... I won't quote anyone directly, but did any of you even read the white paper?
Are you seriously mining coins that you actually haven't put much legitimate thought into? The distasteful responses to this thread are beginnning to seem pre-meditated.
The white paper clearly outlines all steps of development, and in which, Alexander made absolutely no secret of the 0.25% premine. How else was his team supposed to control the market?
Yes, the premine is huge for the initial roll out period, THIS IS NECCESSARY FOR STABLE GROWTH UNTIL THE COIN IS MATURE.
the coin has proven extremely innovative with a lot of firsts, I'll be mining this for a while.
Strongly encourage anyone who has neglected to read the White Paper to read it. I'm sure Alexander worked extremely hard on it, and it shows.
Looking forward to growing a strong community as network hash rate begins to increase from the ridiculously low rate it is at now!