Post
Topic
Board Announcements (Altcoins)
Re: Ultracoin @ BTC-e
by
BitCoinNutJob
on 26/03/2014, 15:43:42 UTC

no because its a premine coin,   BTC-e will be known as a scam site if it lists premines

This coin had 54 BTC in development costs, A premine is not bad per definition.Every cent is accounted for in UTC.

Doesnt matter, the books arent open, nobody truely knows who got the premine & how much.    If BTC-e adds premined coins it will be accused of scamming.

There are many other coins that arent premined.

you are wrong,Ultracoin premine distribution is a public ledger Smiley

-1.600.000 UTC were available to purchase by any potential stakeholder (Please view stakeholders proposition below.) in an open bidding system with a minimum bid of 0.00005BTC              
 
 
-100.000 UTC go to partner 1:Ziggy (dev)                                                                                                                      
 
-100.000 UTC go to partner 2:bumface (founder)                                                                                                                
 
 
-100.000 UTC go to our professional external consultant. (as well as 5 btc)                        
 
-100.000 UTC go to rewards for jobs done by any capable developer, for example: making an android wallet, or making a working  
mining pool with real-time API data link to our main website. (also btc rewards)

That is the opposite of an open book & exactly the problem lol.

& feathercoin was not premined, it was instant mined.... but whatever.

Just add legit coins please BTC-e.