Post
Topic
Board Announcements (Altcoins)
Re: [ANN]CureCoin - Earn while you solve cures for Cancer. True 3.0 crypto
by
cameronpalte
on 21/05/2014, 15:46:19 UTC
Ok, to answer some questions.

The 80% or whatever huge premine is not really being taken seriously either, that is probably making some nervous of getting in. I mean the holding address was published on some page in the thread but really no effort to look legit has been made on the OP. Anyone reading it will probably consider it could be dumped out at any time in the future. No information about the company set up on the OP. Basically you come to the thread notice the coins are all premined and given out on the pool but after all the scams on this board there is not enough accountability here to give total confidence. Get burned by a few scams and you will be sure to give cast iron proof on the OP to convince people the premine is more than safe. Who even holds it, what happens if they get hit by a bus? dump and run?

I have a few rigs folding, but not buying any yet until the entire set up seems a lot more legit. Folding is at least doing some good if it turns out bad.

Should be the biggest coin on the board by far, but i see new shit clones that provide nothing getting way more attention. Something is holding people off of this.




I think the fact that the folded coins are distributed from a central authority makes investors very uneasy about investing in Curecoin. There is quite simply too much in the hands of a few people. I will still support Curecoin with 1 of my rigs because I like contributing to science, but from an investor stand point there is too much risk!


Plenty of effort has been made to make things look legit, it just hasn't all been organized in the OP yet. Go look at cygnus's post on page 20. The 'premine' is released over time to the developers and they don't have access to the bulk it is just paid out at like 7488 coins a day to them and then they distribute it to everyone.

More so, should they try to take anything from this premine because of how the organization is setup (in the United States), they can be held accountable for stealing from an organization and be jailed/have it take back/ fined.


I'll see if we can put the info in the OP.