Re: [BCN] Bytecoin (CPU-mining, true anonymity)

Guys, what premine? What are you talking about?
How stupid should be devs to take 80% of ALL coins? It's imposible to dump such a massive amount. It's hard to dump even 100 mil now, not 150 bil. Even a schoolboy understands this =)

my guess is that it was just a test coin and then they just decided to get it known and dump it for a few BTC.

Thats my favorite theory also.

It's very easy to make a clear launch and start mining new coin. Then you would be able to dump this mined coin and get much more BTC then trying to dump "80% premined coin". I think I'm doing "Economy lessons for dummies" today =)

Monero as an example I think.

Didnt they try to launch monero and with merge mining to bytecoin but their plan backfired?

Yeah. Merge mining MRO/BCN is the best decision now in my view. But it's gone =(