Re: [ANN] Syscoin - Business on the Blockchain - LAUNCHED!
So where is the 1% Premine Address?
original premine address: http://sys.coinzone.info/address/SdT4LVg8BFXfcK6VQP1ALVpk4Wp62YHSAW
which was sent to exchange for quick dump if necessary
new exchange premine address: http://sys.coinzone.info/address/STqv5wokEnanoedaXY9ihAtvM9ppKhyici
as you can see the devs have moved the premine for some 'unknown' reason. seems legit. and its not 1% its 16.3% ~59million syscoin
if you think this is FUD, do research
Is this true? On top of the ipo there is an additional 16.3%?
dont take my word for it. calculate it, its simple maths. the premine is 16.3% of the current supply. they also own a further 15% ontop of the 16.3%, which was purchased through buy walls (250btc) on mintpal, moolah also was allowed to exceed the max buy of 25btc per investor, and has brought 120btc worth, as confirmed by his twitter. so all in all, between syscoin and moolah, they own over 50% of syscoins, and an additional 1500bitcoins from us investors. seems everyones loaded, except the investors.
peanuts wouldnt describe it, but hold up, this is kind of a plus for investors with the dev+moolah owning over 50% of syscoin supply, this means if they dont dump, syscoin will never go below 200sat
