Quote from: Vann on May 19, 2014, 04:55:16 PM

Quote from: Jahana on May 19, 2014, 02:04:15 PM

Quote from: Soul_eater_123 on May 19, 2014, 01:48:00 PM

Quote from: Prominence on April 23, 2014, 07:59:09 PM

"The OP could dump a total of 141BTC worth on all markets this coin is traded on if the value is 2000 satoshi. (Expected value for this amount of total coins with such a reward)."

Prominence seems to have been spot on.

Um, other than his math skills.

708000*.00002000=14.1, not 141.

The FUD about the dev dumping coins has no basis in fact. The premine was confirmed to be 0.5% of the 100M maximum total coins = 500,000 UVC

https://bitcointalk.org/index.php?topic=590681.msg6546825#msg6546825

At the high of 2000 sat, the premine was the equivalent of 10 BTC, hardly an excessive amount. Part of it was also used for bounties, giveaways and to compensate people that rented rigs for the prior launch. The launch was fair and without any instamining with the 1 coin block reward for the first 200 blocks. While the current price of 350 sat is certainly low for those planing on a Pump and Dump coin to day trade, I don't think the short-term price should be the dev's primary focus and I await to hear his further developments.

+1

i think the dev Team are honest, let see their next post with any surprises for us