Quote from: mohammedfaiz143 on April 18, 2014, 12:33:19 PM

Quote from: Majormax on April 18, 2014, 12:28:45 PM

Quote from: mohammedfaiz143 on April 18, 2014, 12:23:43 PM

Quote from: djm34 on April 18, 2014, 12:20:42 PM

Quote from: Chris180Z on April 18, 2014, 12:17:20 PM

Quote from: djm34 on April 18, 2014, 10:45:05 AM

Quote from: Chris180Z on April 18, 2014, 10:38:48 AM

Quote from: RJ2013 on April 18, 2014, 10:30:51 AM

Quote from: Chris180Z on April 18, 2014, 10:18:10 AM

But I still feel this coin should be re-launched because of the 200m 'lost' coins. Relaunch it and then give away the coins fairly, once they have been distributed fairly then it may stand somewhat of a chance, right now it will die because of the lost coins.

No need to change the name. No need to change the website, or anything for that matter. Just bring up the coin in its original form (100% premine) and start again. It would be a more fair distribution now as a lot more people know about it, and most certainly extend the distribution to a lot more than 500. Find how many active members of the community exist, get the total number of coins and divide it by #members.

So who is with me on the re-launch? or are we going to promote a coin that could potentially see a huge dump in the future when the dev sell that 20% in one day? He may have genuinely lost them, by why take that risk when it's so easy to launch a new coin? As I said, the coin already exists, it just can be reset, the website already exists, just update the wallet to the new one, the community already exists...

relaunch??? not a good idea i think, how about those who buy the coins in the exchange? the coins is doing fine, we will just monitor the lost coins as much as we can.

What's the point of that? It's like monitoring a tank saying "don't worry, i'll stop it if it fires". What will you do if he decides to dump all his coins on all exchanges within the space of an hour? Nothing. There is nothing anyone can do then except watch their own coin value disappear into nothingness and watch the dev become rich.

well, if you monitor them and they start to disappear (or new ones appear from minting, you will know someone access the wallet...), you will know it is time to sell yours Grin

No, you wont. Coins can be dumped within the hour when you are asleep in bed, or at work etc... Don't be fooled thinking that monitoring the wallet means anything.

yes, but you cant' sell 200M at once... if you want to get good value for them. So I assume only small amounts would be put on sell...

LoL..it is free money so it can be dumped for any value..and it also can be dumped on multiple exchanges..

Do you even understand how markets work ? There has to be a buyer for a seller. The buyer for that many coins will be strong hands : Price doesn't matter.

You kidding right ? With this much hype it is easier to dump that many coins.. Poloniex alone has 14 BTC buy order. I am not saying that the dev will dump the coins ..

But I was just correcting that it is possible to dump them within an hour.

yes you are right in fact Grin

I was still thinking that someone would try to sell high... but yes it doesn't really matter.
and many of the buy order has just been sitting there since its introduction, so nobody watch them