Why are 800k+ coins for dev?
Isn't that a bit much compared to the low supply of ~10k coins per day?!
Yes.
At current exchange rates (I'm seeing .01BTC on bittrex right now) that's 8000BTC, or roughly $3.6m if he could get someone to buy all of them. I'd like to see someone fork this project with zero premine and have the blocks pay out 80% to fold, 20% to miner, in much the same way devcoin does it. And also, there is no good reason not to merge mine this.
First of all 40% of the dev fund goes to people who invested. I would hate for someone to fork this - the premine was for a great reason and the reasons for no premine have been presented.
Plus no one will buy that many coins and the coins are going to and have already gone to support a variety of things.
And no one is buying for 0.01 on bittrex - it's 1/3 of that.
Stop complaining because you missed out on the early investment opportunity & read meelvanchris's article.