Quote from: MasterQ on February 09, 2018, 12:43:01 AM

Quote from: TheSnappyTrader on February 09, 2018, 12:20:03 AM

Guys there was no premine. I know first hand because I mined from pretty much the first second the pool was open and can tell you that any old regular joe was able to mine and still is.

Read what I posted. There was no premine just problem with difficulty adjustment that allows 900,000+ coins to be mined in the first 24 hours.

Yes man, I get that, but whats important is who mined those 900,000 see?

Instead of the hands of one (Satoshi) or solely a dev team. The coins were mined by regular people like us including the dev team all at once. They did as they promised with no premine. It was an open landrun free for all mine. Bro get what I'm saying. YOU could have even mined part of them. Whats most important is what people decide to do with them. Its not absolutely doomed to fail and dump. If there is a concensus to hold and let the project flourish (there is) then the mined coins won't enter the market right away and kill the coin.

TheSnappyTrader

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