Quote from: stevenb on February 05, 2014, 03:04:17 AM

@fablkak

Most of coins has premine and no one knows where it goes. Not only iCoin but also for another coins. If you agree to join the boat, you have to accept it. Or just quit, it's simple, i feel bored with lot of your posts. I think you better stop asking and showing Devs what to do with the premine. This is not your coin. If you really want do it your way, start a new coin then you have 100% control of it (are you trying to steal the "icoin" name? you are not able to find a good name so how can you do a good coin?). Best luck to you!

For me as long as the coin brings profit then it's ok. I invested in iCoin and with current market price i already have 125% profit. I'm very happy with this. But this is just bottom price, iCoin value will x10 in near future and may x100 when become mainsteam. This coin will be my long term investment.

Well iCoin price is up day by day. It's worth to invest and mining now.

ps: still no plan on IPO Devs?

Like I said, it was all constructive criticism. You obviously just want post positive comment after positive comment. Well this is a forum, and the definition of a forum is: "a meeting or medium where ideas and views on a particular issue can be exchanged". That is exactly what I am doing, exchanging ideas.
To address your point about the premine, well as I have pointed out in earlier posts this 1% is actually a lot larger than most premines because it represents 1% of coins to be mined over 900 years. If you were of a suspicious disposition you may attribute this misleading premine to be a product of design rather than happenstance. This puts an inordinate amount of power in the hands of one person who has chosen to remain anonymous and is reluctant to adopt transparency while at the same time asking for trust. I think some progress is being made in this area but it is still a legitimate concern. Telling me to just "go away" so you can make more money with (potentially) misplaced confidence is not going to work. Any rational investor would see all that power in the hands of a mystery man as a real risk. Personally I would not trust some random guy on the internet to have such a large influence on the value of any coins that I buy/mine. I have suggested ways to mitigate this risk for the benefit of the coin but you're not interested because you just want more people to pump before you dump.

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BcFp3aHNtepyZtrZhwqkfivmrHffUkyrhL
btc
1HYk5tHcx1RBnXYsNkTpqaZ7VHsm1Ng31L

fablkak

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