Post
Topic
Board Announcements (Altcoins)
Re: [ANN]BitcoinPlus (XBC) / Poloniex IPO / crypto, fiat, bullion pairs / UPDATED
by
merk475
on 28/04/2014, 02:18:37 UTC
My vote on the remaining coins..........

10,000 for promotional purposes and building infrastructure.  DESTROY THE REST.  

I don't like the idea of releasing these coins down the road at some point.  Us as investors could take a hit if that happens.  I also don't like the idea of the remaining coins being held by one person.  Trust has to be earned.

+1000000

Please destroy the coins. Keep a chunk and when the blockchain explorer is live post the wallet link in the OP and detail exactly where it goes until its gone.

You can't possibly be thinking about holding a bag of over 40% of all coins. People are going to come in this thread and laugh themselves to death, calling this another aurora coin scam. If they are to remain in existence divvy them up between IPO investors based on how many coins we're holding. if you drop 40% more coins into the market, the price will go down 40% or more and hurt everyone. Even if you give the flash drive to the pope, nobody is going to like it. Trust me its been done and fails every time. Destroy them!

That's a good point.  Complete transparency with what happens with the remaining coins is of utmost importance.  I have seen on other coins where the devs don't release certain information about a premine, what % the devs own, etc., and it pisses a lot of people off.....and for good reason (sometimes ends in the demise of the coin).  The investors should have complete transparency.  It solidifies the quality of a coin and puts us at ease. 

Holding ~40% is a BAD idea as SeriousCions14 has stated.