Post
Topic
Board Announcements (Altcoins)
Re: [ANN] SilkCoin | New Wallet | - HARD FORK MANDATORY UPDATE - | POW phase started
by
MickeNorsk
on 14/06/2014, 00:40:58 UTC
MEGAman  Grin Always fudding, you seem to always go after popular coins blah blah your post is equivalent to a teenage rant. Unfortunately you not good at manipulating people sorry

P.S Guys Check his post history , is been fudding all over the place its like  diarrhoea coming out of his mouth lol

Yes - check out my post history. Was I ever wrong? Everybody hated me and threw out insults and spread the usual misinformation regarding the premine but in the end none of it mattered. Do you regret not buying Yellowcoins at 20x their current value? Do you guys learn nothing from history? You are allowing these developers to cheat you out of your money in broad daylight. It's blackcoin with a (nearly) 5% premine - how is this the coin of the future? These guys are dumping all over you and you're still backing them up? The stupidity of the people actually buying right now is strong. I only hope it's the devs buying and selling to themselves to bump up the price and volume because I'm starting to lose faith in the future of humanity if there are actually people dumb enough to be buying right now. This coin has no future, no innovation, and a premine that represents about 50% of all coins in existence right now. The dev is a liar as evidenced by the "2% premine" they quote - you base a premine on the number of PoW coins - not the total number of coins that will ever exist after years and years of interest. For one, the premined coins ALSO get PoS. Let me put this in terms some of you kids can possibly understand:

Don't be told what to believe - think for yourselves. The second he gets PoS coins on his premined coins the percentage of the premine rises - get it?

1. There exists almost 45 million coins now, not 4 mil, pow is over any minute now. So no, the 2 mil premine is not 50% of existing coins.

2. Almost 1 mil out of the 2 mil premine is already given away in bounties and mintpal voting, so right now the remaining premine is actually about 2% of EXISTING COINS.  Get your facts straight.