@YinCoinYangCoin
I have a serious question about this coin and don't want to troll, so I hope I can get a clear answer.
I was in conversation with s4w3d0ff.
Ya I created the coins, gave them to someone else and it fell apart, so now I am taking responsibility and trying to make them something worth while. I am the only one working on it (and trying to keep working on CGA) so the time frame that YIN/YANG is on to be switched to POS/POW AND merged mined is not very realistic. I am working on them but since it is just me it is going to take awhile.
Okay, thanks for the clarification
So one of the CGA devs created this coin for money. s4w3d0ff created this coin (and is trying to implement new things, which aren't realisable within the time frame as a side note) and gave them away. So the people behind YinCoinYangCoin are owning the coins at the moment.
YINYANG coin is 100% premined and if I get it right from the OP, with the relaunch there won't be new coins, so all YIN & YANG coins will continue to exist.
I was involved in the first distribution of YINYANGcoin.
I know there were about 800k-1000k YIN and about 400k-600k YANG distributed. So roughly 17 million coins of each coin are owned by the team behind YinCoinYangCoin at the moment.
How can we ensure that you don't throw these coins into the market before the relaunch and make some nice profits instead of distributing them to the community?
It would be great if you could do this more transparently.
For example update the OP with the current addresses which own the remaining 17 million coins, so that we can see that these coins weren't moved.
Otherwise the value won't rise, if you don't act more transparent.
Thanks!
yes i partially agree , that they should show wallets, but i trust the people involved. your info on how much coins are in circulation is inaccurate, as i hold quite a lot, so i know for a fact 1million are not in circulation it is more like 5-6million. dev holds quite a bit which amount to more than what you state. also there are some stuck on cryptorush. i think the total amount to be distributed is near to 10million. its just an estimate based on my holding and from what devs have declared and trading activity.
sawedoff has a good rep, so do the other devs, i trust it, but this is my personal opinion. with coin currently worth 20k usd calculating using the 18million total it is a steal. majority of POS coins with the same if not more coins with a multipool sit in the hundreds of thousands, so i am confident it is looking like a great week for us holders. there is not much available under 1000 so that will be our ground. profit taking is nearly over expect movement soon.
this should be sitting near 2500-5000 before launch