Hi spicelord,

As mentioned in the above reply we were unaware of the release of VMC, and since we have already dedicated our time and efforts we believe that there is space in our community for a coin like Bitore.

Best Regards,

Bitore-Support

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Hi JanTenner,

If we were to release official documents and addresses there would be some serious safety concerns for our staff and their families. As for now, the team's anonymity will be respected.


Thank you for your co-operation,

Bitore-Support 

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Hi shimlbit,

The development team came up with many designs but we ultimately agreed that the coal flavor of their font was the better choice.


Thank your for your co-operation,

Bitore-Support

Hi somogyipeti,

Sorry, we were not aware of your coin, Virtual Mining Coin. Just for clarification, we came up with the idea of backing up an altcoin with CEX.IO miners a few days before the launch of this post and were not aware of VMC until now. We thought we were the first ones to come up with this idea of using a virtual asset in place of a physical one as other coins have done so in the past, but clearly not. But we are sure that there is space for two coins of similar nature in this vast community of cryptocurrencies.

Yours Sincerely,

Bitore-Support

Hi rgm108,

You are correct, however, we are using CEX.IO simply as a tool to prevent our coin from being worth nothing at all. As mentioned in the original post, we mine the BTC through CEX.IO and re-invest the BTC back into our miners to increase mining speed. This will ultimately prevent the coin from failing. We do not have a legal agreement with CEX.IO endorsing our coin, we are simply using their service to create a unique coin.

Thanks,

Bitore-Support

Hi dogetime,

The figure has been calculated with consideration to the amount of bitcoins mined in CEX.IO. The more IPO investors we get, the more profit. And thus, we have estimated a 15% or more profit.

Yours Sincerely,

Bitore-Support

Hi jc12345,

We understand your concern in the risk of our coin but our premine is only to benefit owners of Bitore, without an IPO, this coin would end up like other altcoins without premine with the value of the coin sitting at near-zero. In response to your concern with the "newbie account" and "Anon dev", most new coins are released with an account name relevant to the coin. Additionally, our head developer has been involved in the creation of numerous altcoins and some other developers have their own personal accounts on this forum and thus, we have chosen to create a new account which is dedicated to our project. As for scamming, please read our previous reply regarding that topic.

We hope this clears things up,

Bitore-Support

Hi dawj20,

As this is just a pre-ann, specifications will vary prior to release date and in this case, we have changed it to be a proof of work coin meaning 5% of it can be mined after release.

Thanks,

Bitore-Support

Hi coolmyrig,

Bitore is backed by CEX.IO which specialises in the mining of Bitcoins. As mentioned in our original post, Bitore's price is determined by CEX.IO miners. Thus, we have chosen modified the BTC logo to illustrate our purpose in this industry of Bitcoin mining. 

Thanks,

Bitore-Support

Hi coolmyrig,

As we mentioned before, at the time of writing this reply, we currently do not need any help in our development process. We will update the main thread if the time comes when we are in need of help. We thank you for your considerate offer.

Yours Sincerely,

Bitore-Support

Hi belief,

We can assure you that Bitore is not a scam coin unlike the ones you may have experienced in the past. It is your choice as to whether or not to trust us, we, as of now, we cannot convince you that we are not a scam. But we will say this, we are a legitimate coin seeking to expand across the globe with this new idea of being backed up by CEX.IO. Only time will prove that we are not a scam coin after it has been announced.

Yours Sincerely,

Bitore-Support

Hi Teo91v,

We currently have a team of developers who will cover all translations and other services. If we require any help in our development process we will update this post or future posts. In the meantime, we are grateful for your offer but we will have to decline it.

Sorry,

Bitore-Support