Post
Topic
Board Announcements (Altcoins)
Re: Coin2.0 [C2.0] - The forward thinking POS altcoin with a plan.
by
joel511
on 20/04/2014, 02:11:35 UTC
i dont invest in scams, so i dont look at them at all, but i do see few milions of C2 that someone got for free and could dump them any moment, bringing my investment to zero, that is what worries me

[/quote]

Here is a breakdown.
There was a total of 60 million coins

Total Pay Out:

Bter -32,683,224.91c2
Bittrex -13,250,001c2
Poloniex-2,012,539.89c2
Xnigma -33,237.479433c2
Coin2 board members and FPS game devs for all that they do - 1,500,000c2
Mac wallet - 500
Latecomers - 4,659,145.8c2
Total In My Wallet Right Now= 5,861,350.8.831

Future Payouts that are coming
Hashcows - 75,000c2
Coin2j dev - 100,000c2
Android wallet dev- 100,000c2
Point of Sale embedded Linux software - 750,000c2
Various other things that will be needed -1,000,000c2

So , Total of my wallet ~3 months-3,836,350.8.831


Actual Money spent so far on Coin2
Website Server - $20/month
Pool Server - $20 month
Mining Contract for transition -$200
Help with coding during transition -$200

Money made so far -$~600

Thats $600 dollars out of my pocket.  


Now if you look here http://wiki.hobonickels.info/index.php?title=Proof_of_Stake  you will see that if someone were to buy 51% of Coin2, they could (very unlikely) attack the network.  So I have to keep a decent amount in my own wallet to BE SURE this will never happen.  

In all fairness, you had a good question.  But, please remember.  I sent this to 1,000 people and kept 2.5% for myself. If I was going to sell out, I would have done so on the day it hit BTer.com. I have (2) decent jobs in the real world and I made a good bit on BTC late last year when it spiked to $1200.  My house is almost paid off, and I enjoy my life.   Im not going to sell.  In a perfect world, I would hope value of C2 rises to ~$10.  Then I could use the C2 in my wallet as collateral for a business loan to push Coin2 to the next level, wherever that may be.  This coin is my creation, passion and obsession.  I wouldnt sell my baby for fiat.  My baby(coin2) will be the new fiat soon enough.  And if I were to sell out now, I will have to live with the fact that I sold all mine for nothing.  You should feel that way to as well as the rest of the community.  So any questions just ask.  Thank you  Smiley