Post
Topic
Board Announcements (Altcoins)
Re: [ANN] SilkCoin | New Wallet | NOW on MintPal / Cryptsy | FULL POS
by
MEGAman
on 21/06/2014, 09:28:24 UTC
This whitepaper had better be great Smiley I think listing the steps is a positive. Its also a positive to create some forward momentum. The fud will never stop but there is 1 thing that causes people to ignore fud. Thats green candles heading up. I believe this coin will approach 0.0006 in the next few weeks.

I admit the premine seems a bit steep but consider this are you going to work on a coin non stop for weeks for free?? Of course not. So lets see how this dev and his team continues forward.

Steve

The main thing is that the premine addresses have been made public and everyone can watch the accounts, besides alot of it will be used for bounties, and development costs etc.

In all fairness, i dont have any problem if the developers get a stake in the coin from the start, as long as its not excessive, and this goes for any crypto currency, at the end of the day, they are the ones that do all the hard yards to make the coin, so its only fair.

Nobody wants to watch the account you goon. That doesn't negate a crippling premine. These guys are ripping you off and you defend them? And also they have dumped plenty of coins - just happens that they got a solid instamine in there as well to help fool you even more. A 4.5% premine is unacceptable. There is no excuse and the coin was doomed the second the dev selected that premine. He probably would have made just as much money with a premine half the size because the coin would survive a bit longer. Triple digits by early July. Mark my word. The longer you hold the more you will lose.