Post
Topic
Board Announcements (Altcoins)
Re: [ANN] Syscoin - Business on the Blockchain - LAUNCHED!
by
darkslash
on 25/08/2014, 13:10:24 UTC
this is really terrible, how did it turn out that the devs+moolah ended up with 45% of the syscoin supply AND 1500btc. seems investors are the only ones out of pocket here, sad really.

And you need to stop spreading FUD.. Just think about the statement (and use some basic maths ) and you will see how FLAWED it is.. Fail, fail badly lol
Not even going to humor you by doing it for you..

+1 haha epic Math fail Smiley

This is irrelevant. Where are the news?

Are you guys even serious?

59million out of 365million is 16% of the current circulating syscoins, which is the amount of premine the devs openly hold - according to the premine address provided in previous posts.
(as seen here: http://sys.coinzone.info/address/STqv5wokEnanoedaXY9ihAtvM9ppKhyici)

in addition to this 250btc was brought for buy support @ 0.00000380 - 0.00000430 which equates to roughly 65million syscoins

in further addition moolah was allowed to purchase over the maximum of 25btc and has purchased 140btc @ ico price, which equates 35million syscoin.

do the math, 59m + 65m + 35m = 159m owned by moolah and syscoin devs. current supply = 365m. 44% of 365million = 159million coins.

There you go mate, solid proof they own 44% of the current coin supply, i suggest you sort out your math skills. as you are flawed. No FUD, FACTS.