No No, you got it all wrong.. it was to
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.
yeah i guess they can call it a success when they walk away with a million dollars so they get you all to pay them to finish the 75% complete closed source project.