Quote from: Vanderi on March 25, 2014, 09:41:31 AM

I'm in for a bit because I have been wondering about the names and how they would cope irl too - however, the 11.5M premine and no asic-proof future plans raises some concerns. Incase Coin would hit one dollar, for instance, I'm positive the dev simply would dump and walk away. Please address these concerns, tyvm.

Welcome, nice to see new members around here.

I can see you have gotten some great answers already, but I would like to add my opinion. In regards of the premine I don't consider it a problem at all. First of all it was the terms we all agreed on when we started to mine. It was announced from the beginning that it had been premined, and that a lot of it would be used for bounties.
I will also add that I think it is fair that the dev should have a COIN or two for the great work he has put initially Wink

COIN has not until now shown any signs of a typical launch where everything is about dumping and forgetting.
if/when we hit one dollar, it would be far away from now, and COIN will at that point be strong enough to survive a dump.
The market on c-cex has since the very start been remarkable stable where you typically can sell COIN for 19 satoshis or buy for 27.

We are a small, but stubborn community. COIN is about building up something from the start with hard work and a lot of patience. We are still in an early phase where mining is very lucrative and I am pretty sure community will increase soon now that we slowly are getting more exposure.