Post
Topic
Board Altcoin Discussion
Re: Is it possible to destroy Monero (XMR)?
by
CryptoGretzky
on 07/09/2014, 04:30:49 UTC

Fair launch. It is just so precious. And never before happened as well. So that the largest holders are not there by accident (or more likely planning by the dev), but because they wanted to buy a crappy coin at a high price. Monero's history is special.

I can only say that if something should happen, but has not yet happened, there is a good chance that it will happen.

I want to say this with as much respect as possible.  But how many alt coins have you been involved with?  How many have you seriously taken a close look at?  I've seen you saying you have had no use for alt coins until Monero which leads me to believe you never took a serious look at previous alt coins.  

I want to say this with as much respect as possible. Show me a coin where the dev holds less than 1% of the coins in circulation.

Of course I respect the devs, but I have to say that equally important is that the devs respect the whales. The whales make the economy. Economy is the reason why the coin exists. I can support Monero without even having a functioning wallet (wrong OS), because the distribution of coins is right.

And how do you ABSOLUTELY know for certain that the Monero dev have under 1% of the coin?   Do you have proof that the dev have no other address that they mined with at the beginning nor any other friends that mined at launch?  



omg people will never get it, the point is if they had it was under fair market conditions, but the math isn't there for devs owning 1% of the coin

OMG XMR people will never get it...  see how that work?

Dude... he said that the dev has under 1% coin...  That's the condition he mentioned as one of the BEST thing about XMR.   MANY altcoins where the dev has no premine nor instamine...  that's the point.  It's not only XMR that have that "fair" condition.

OK show us these coins, lets see the gems you are hiding and been mining/buying this entire time.

You really haven't been around the block much right?  The only coin you ever mined was XMR?