We are really trying to help fairly distribute the premine to all users.
We will be hosting another giveaway tomorrow in the IRC Chat #onyxcoin
We do not have any plans to dump the premine, we will be implementing Bittrex APIs into the wallet by tomorrow of the 2nd at latest. We also will be releasing our whitepaper next week sometime with more information in regards to our plans of development for anonymous technology.
I look forward to following your progress and reading your whitepaper. I believe you are probably honest however, trust comes only with familiarity.
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BoardAnnouncements (Altcoins)
Re: [ONYX] Onyxcoin : X13 : Long PoW Phase! Fixed Rewards! Ninja LAUNCH! *a new gem*
Just a heads up, this dev will have over 50% of all coins even after 10 days of mining, slowly diminishing to 1% over 2.8 years. Only after like 1000 days will the premine be equal to 1%. Dev premine 150,000 coins.. you only get 10 coins per block.
I appreciate the dialog Onyxdev has engaged in but, the "1%" pre-mine makes this a bad investment both in terms of mining and trading.
I feel very bad for this dev. His major mistake was cloning CNL, a flawed coin. For me that was enough to bypass this coin. For others, it was an excuse to vent past frustrations. This dev seems like a good guy. Let sleeping dogs lie.
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BoardAnnouncements (Altcoins)
Re: BitcoinSniper is a scammer. Achilles coin is his scam.
by
Redtschorn
on 27/07/2014, 06:39:59 UTC
Deleted post aside, the Achillescoin pitch reads like a scam. Add to that the deletions and what do you have?
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BoardAnnouncements (Altcoins)
Re: [Pre-ANN ] Achilles the first B2B Crypto-Currency with EDI Technology
by
Redtschorn
on 27/07/2014, 04:48:52 UTC
B2B doesn't really sound like it provides anything new. It's, at best, a gimmick. It comes across as scammy to me.
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BoardAnnouncements (Altcoins)
Re: [ANN][SDC] ShadowCoin | PoS with PoW distribution | No premine, No IPO
by
Redtschorn
on 27/07/2014, 02:47:19 UTC
I can't say how incredibly sad it makes me that No IPO, No pre-mine is a selling point.
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BoardAnnouncements (Altcoins)
Re: Don't want 10-20 new shitcoins a day - read this
by
Redtschorn
on 27/07/2014, 02:42:23 UTC
The answer isn't restrictions but community responsibility. Not too long ago Bittrex and Poloniex were mere testing grounds for new coins. Scams would fall through the cracks. Bittrex is still is scrub exchange. Don't trade an experimental coin until it's been around for a while.
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BoardAnnouncements (Altcoins)
Re: Elite coin another bittrex scam?
by
Redtschorn
on 26/07/2014, 05:44:38 UTC
Bittrex has always been susceptible to scams. Bittrex frequently adds new coins. What's different now is that the volume of trades that go through Bittrex has increased 10x in the last 4 months. Elitecoins would have never fostered enough interest to walk away with more than 1 or 2 BTC tops.
