Post
Topic
Board Announcements (Altcoins)
Re: ★★★★ [CAIx] ★100% PoS ★1.6 Million Shares ★Limited Mining Period ★★★★
by
kryptologist
on 14/05/2014, 23:52:34 UTC
Bitcoin was premined,you have a problem if a coin has some premine and its more like 1% premine not 10%,stop spreading your fud and go back to school.

School? what are you talking about? I don't think there are any schools for cryptocurrency yet.

Yes, I also have a problem with Bitcoin being premined but that was the first one and was not created to be a scam. Today, when you premine a currency for the people and premine it 10%, you support a small group of people owning a large portion of the money (remember this is a currency, not a company). It's very obviously a scam but I'm sure you know that and are trying to ride along?

You either lie, didn't read the first post, or are terrible at math. It's about 2 % premine.

The developers actually confirmed the 10% in a previous post. Obviously I can read. I am extremely good at math, however, the calculations are very simple.
"Premine will be destroyed by not moving to the new chain, it will stay on this public address till exchange is completed.
The 8 devs will receive 4k CAIx each, which will be put on different nodes in PoS mode to insure chain is operational."

What part of that is so hard to understand?

When they say premine, they mean the "remaining" premine that hasn't gone to the developers, etc. 160,000 premined CAI coins had already been spent at that point. I'm not lying, the devs confirmed it. Just because you can read doesn't mean you are reading the truth. In the crypto world almost everything is made up. This is an example of how the devs are being sneaky. Ask them yourself how many coins were premined from CAI and had already been spent before switching to CAIx. Believe it or not, the original plan announced was to keep the entire CAI premine. Then they switched it to "destroy" the remaining premine.