Quote from: Spoetnik on October 30, 2014, 11:57:32 AM

Quote from: synechist on October 30, 2014, 11:58:16 AM

Quote from: BallOOner on October 30, 2014, 11:37:06 AM

the only thing I don't get is why dev needs so much money? 1 million bucks, thats pretty greedy to my taste. And I'm not sure if the market will be able to support the 25k sat price at a 10,000,000 coin money supply

2500 BTC is a limit, not a required maximum.

It's there so that people don't buy *more* than this amount; hence it's to prevent pumps.

If we raise less, then the remaining BLOCK will be destroyed, and the project will move ahead.

So really the situation is:
- we don't *need* 2500 BTC, we need a minimum of 850 BTC as stated in the OP.
- but 2500 BTC will maximise the chances of success of the project
- it's entirely up to public demand to determine how much funding we get.

Then why not just lower the amount to 850 then ?

And wow i had no idea until now but Staking ? Roll Eyes

So far i am hearing about a 100% premined coin being sold off that has so far raised a quarter of a million dollars and guys are staking already.

- SCAMnet NOW and Lambo later - The Million Dollar Pump Preventer'er - Stake'm dem Coins NOW ! STAAAAAKE !!!!!! GO GO GO !111

lol! You are getting your posts deleted too at Blocknet's forum ? Grin