Bitcoin Forum

Alternate cryptocurrencies => Altcoin Discussion => Topic started by: Git_2058 on April 29, 2014, 02:30:41 PM



Title: Premine is just a joke
Post by: Git_2058 on April 29, 2014, 02:30:41 PM
Just came across its cap today, $1 volume, what a joke?

Have been followed this coin since 1st day, although I don't put any investment on it, because I believe this is just a joke.

See, this is what? They premined everything, and issued to the community. Everyone having the coins will dump the coin. People should be aware of Satoshi's design on the BTC. Releasing so many coins just destroy the coin itself.

Imaging one day you tell a seller you want to pay goods using premine coins, what a joke name!


Title: Re: Premine is just a joke
Post by: Bbeenn on May 09, 2014, 02:37:25 PM
 ???


Title: Re: Premine is just a joke
Post by: var53 on May 09, 2014, 02:45:53 PM
It's not as bad as that, it's got a volume of $ 367 on coinmarketcap right now. It's near the bottom, but there are plenty more coins below it.


#   Name          Market Cap   Price          Available Supply        Volume (24h)
179    Premine    $ 15,728    $ 0.031519    499,000 PMC*         $ 367


Title: Re: Premine is just a joke
Post by: Amph on May 09, 2014, 02:51:33 PM
the distribution wasn't transparent at all, there were guys with 30k, they did it wrong


Title: Re: Premine is just a joke
Post by: cowandtea on May 09, 2014, 02:52:04 PM
It depends on who control the premine :)


Title: Re: Premine is just a joke
Post by: dogeunion on May 09, 2014, 03:07:02 PM
I agree with you, pre mining coins are very short life, no innovation points as support.


Title: Re: Premine is just a joke
Post by: fr4nkthetank on May 09, 2014, 03:10:16 PM
WHAT

NO


^i like premine coin.  unfortunatly, my premine (small amount), is on cryptorush.

which explains the low volume, because im ready to bet most of premine coin was on cryptorush


Title: Re: Premine is just a joke
Post by: $dakini on May 09, 2014, 03:21:10 PM
Is that what all these POS coins are doing now or are they different other than the interest bit?