Post
Topic
Board Announcements (Altcoins)
Re: [ANN] XCloudcoin | Beta Invites | Profit Share | Decentralized anon |1 Millon
by
Cryptock
on 09/08/2014, 00:34:58 UTC
Yes unfortunately believeing it was 3% premine.

1 Everyone is paying the same price for CLD, no one is going to want to dump for cheap, not even the devs.
2 The price will increase because no miners were involved and less dumping.
3 If 500,000 or less coins are sold, the price will rapidly increase because it will be severely under priced.

I personally think you are worrying over nothing.

The dev has not answered are they going to liquidate the coins for btc as soon as trading starts? He has also not proven to me anyone has loaned him 25k. Where is proof of this to justify the 33% premine?



Premine is not an issue Crypti raised over 750 BTC and the dev still kept 25%. The original xcloudcoin premine was 3% until the ICO term was changed