Quote from: Whoisthelorax on April 28, 2014, 03:55:35 AM

Did you even read the article? I actually take down that false dichotomy and point out that the coins with accidental fastmines are less of a concern for an investor. They are still problematic, but I break down the concern of instamines into three choices; obviously dangerous investments, questionable investments, and okay investments based purely on how fast the coins were mined.

I realize you are a miner, so this may not reach you, but it's important to non mining investors that the coin isn't slanted too much towards the miners. Since you think my writing is childish, please comment on the following coins I discuss...

-Blackcoin's 40 million coin creation in 3 days (proved using their blockchain). Blackcoin has around 75 million coins in existence today, representing more than 50% coin generation in 3 days.

-Darkcoin splurge-spawned 1.6 million coins within 8 hours of its start (proved using their blockchain). There are 4.31 million DRK in existence today.

-Mintcoin's ridiculous 700 million coins for ONE BLOCK at its start (proved using their blockchain)

...Plus more funny business completely unrelated to whether or not a coin has KGW.

Your TL;DR is way off. But I realize why you are pissed; I am going after the miners who make money of poor chums that come to invest, only to hold the bag after. If you mine coins without regard to how the coin is structured and the MO, in my opinion you are not different than the chumps on Wall Street who use HFT algorithms to leech money out of the market. Crypto currencies should fend off the leeches, not make room for them. These coins deserved to be called out. If you don't want to address them point by point and just pull the "expert miner" card, so be it. I will continue to write and inform other investors of some basic information.

Can only speak about mintcoin. As got into them a week back after doing a fair amount of research. If you look at their post here when they launched you will understand why the first block had 700 million mints. It's 1% of the total mints that will be. The developers state very clearly that the coins has 1% premine for development and giveaways etc. That's the first block. Sure enough you have done your research but what would be great is if you put everything down and not select the info that you feel is right. Maybe they are scam. But after reading your article and looking at how they made it clear before launching the coin. Your article looks biased and not well researched.