Re: [PCN] ProCoin: The Coin for Business | On CryptoRush & Bittrex | Easy to Mine
I'm new to this. Why is a pre-mine so controversial?
The thought is that the coin dev will dump the pre-mine and leave the miners in the lurch because of a falling price.
It seems that controversy is becoming somewhat outdated, though, as newer coins now have 50%, 75% and even higher pre-mines.
If anyone was seriously speculating on this coin, they could purchase $250 worth and own a larger amount of coins than the Dev has. That renders the argument laughable at this stage of the game. However, there are a lot of negative people in the world and they need something to say, so this is it.
http://i.imgur.com/kn6ItaJ.png
Ok I get it now. But this 2 per cent is not going to hurt the price is it?
Nope. Even if it was dumped by The Dev for some reason, it would have a negligible impact on share price.
Over 42 million PCN have already been pre-mined and that number is going to continue: http://sancrypto.info/index/show/PCN/
http://i.imgur.com/7UqZ4Fp.png
Here's a look at the social media branding I've been working on. I think it's a pretty decent effort. I wanted to get the idea across that ProCoin is for business, people friendly, and accessible. Hopefully I'm getting that message across.
Thanks for your continued support Lawrence! It means a lot.
Looks pretty business like to me. I joined the facebook and twitter.