Post
Topic
Board Announcements (Altcoins)
Re: [BIG] BigBullion (SHA256) 10 Million Coins | Bounties - Trading on Bittrex
by
cl5150
on 12/10/2014, 18:05:06 UTC
I'm a huge fan of this coin, still buying and mining but I have a couple of concerns.



1. People have to have faith that the bullion is there otherwise they can't have faith in this coin. Don't know how we can help achieve that?

2. That everyone will try to exchange their BIG for bullion in November and kinda defeat the purpose of this coin, if you want bullion just go buy it. But if some do then it will help with my first point if all goes smooth.

3. We can't expect the DEV to just buy bullion out of his own pocket to back these coins? Hopefully he's selling coins now to pay for the bullion?

Here are two small problems really compaired to the problems most coins have. Also what happens to the coins that are turned in for bullion?