Quote from: Jcw188 on June 30, 2014, 02:25:46 PM

Quote from: Rias on June 30, 2014, 08:37:25 AM

Come on, think about it. You don't create a brand new technology to secretly mine it for 1 year, it just doesn't make any sense. Bytecoin was mined by several teams of miners that was confirmed by the developers and by CryptoNote.

You have to face the ugly truth. If you didn't know about the coin, it doesn't mean it didn't exist. Or gravity should you say didn't exist before it was discovered?

Quote from: Cheesus on June 30, 2014, 09:10:12 AM

As was stated countless times... Bitcoin was mined by a few people too for a VERY long time. And there was no announcment on BitcoinTalk, hell, there was no BitcoinTalk.

So what? Bitcoin deserves **? If you don't know about something - it does not mean that nobody know.

These are actually valid points. Being listed on the Bitcointalk.org from the moment of coin's launch isn't a single criterion to determine if it was premined or not, and it can't be. Just think about how bizarre that sounds: a site that has no affiliation with a forum adds a coin, mining of which was in no way restricted to new users, and now it has to attribute a premined status to it based on the coin's abscence on the said forum.

The point about Bitcoin is also sound, we've all seen this chart:

Yet everyone is all right with Gliss not adding ** next to Bitcoin.

You guys are confused.

You cannot Compare Bitcoin to Bytecoin.

Bitcoin was the first cryptocurrency and as such, it was obviously hard to get skeptics interested in the early days. However once Bitcoin became bigger, tons of alt-coins sprung up.

You cannot try and "defend" Bytecoin by comparing it to Bitcoin in that way that it was mined by a few individuals, why?
Because Bytecoin was Purposelly hidden, Bitcoin wasn't. When bytecoin first came about, it was a innovative time with tons of alt-coins springing up, yet the Bytecoin devs and those mining Bytecoin refused to open it up to world and instead premined 82% of it.

Conclusion: Bytecoin had the chance many times to Not be a premine coin, however the devs and those mining it decided instead to keep it a secret and for them alone. Because of that, Bytecoin does have a premine and there is NO excuse for it. As you can see, there is a plethora of evidence showing Bytecoin's 82%+ premine in the hands of a few people. Anyone defending Bytecoin is either a staholder, a preminer, or a complete idiot that doesn't know what they're talking about.