Me agian,

Since there were not any takers I want to address the 1,000 coin and 10,000 coin discrepancy first.

Almost every coin today is premined to some extent. There are of course the few that are not. There are certain things that indicate that a premine is malicious in nature:

1. A vast supply of coins is premined
2. These coins are held, hoarded and unused
3. The creators push for the coin to be quickly included in the exchanges
4. There is a limited transparency present in the administration and the precoins are never directly recognized.

With GaltCoin here is what you can expect:

1. 50,000 coins have been premined. ALL of which will be utilized for the purposes of marketing and publicity. These expenditures will be kept on record and the transactions can be monitored using the block explorer.
2. To be clear, none of the coins will be hoarded or held for any extended period of time. All expenditures will be readily available and fully documented.
3. GaltCoin is opposed to its inclusion in exchanges and would rather the exchange of GaltCoin be for services, namely eServices until the community interest and confidence allows for expansion.
4. GaltCoin prides itself in its commitment to transparency, integrity, honesty and community service.

Hey all,

I am the one that Plexant was referring to. I will be heading the marketing and public relations for GaltCoin from this point forward.

We would like to humbly request your forgiveness for the quick and rather heavy handed responses that have been dished out from our team.

On behalf of the entire GaltCoin team, and I do speak for all of us, I would like to apologize. While it is not an excuse for our behavior, I hope that everyone can understand the frustration that ensues when one fails to properly communicate an idea believe to be uniquely powerful.  This frustration is  of course misdirected, engineers are not always the best at dealing with people, and the true fault was our inability to properly relay the conceptual strength that will allow our currency to prevail.

I will be addressing all previously asked questions in full over the next few hours and I hope that I can relieve some of the well founded and fair concerns that resulted from our poor communication.  We have had very similar concerns with other currencies and this actually lead to our development of this coin.

That being said, I would like to address any additional or exceedingly important questions, comments and concerns. Repetition is not an issue, I have the patience of an immortal for this one thing alone.

In fact, I encourage anyone willing to repeat any previous questions so that I may be sure not to miss them.

All that being said, I am perfectly willing to relay my personal contact information to all those interested.  I have nothing to hide and we at GaltCoin believe in a transparency of administration and privacy of individuals. We have nothing to hide and thus nothing to fear.

I have previously lurked on this site long ago but have since moved on to various FB groups related to the cryptocurrencies I have been monitoring. If you wish to contact me through FB or Twitter you may do so through the official @GaltCoin twitter and GaltCoin FB page respectively or through my personal accounts available to anyone on request by PM.  In the interest of allowing all to observe and learn from our interactions I would prefer most communication to take place in the official pages though I understand that some matters or concerns might be personal.

We have also established a GaltCoin subreddit.

I look forward to working with you all,
John Galt
NIF

P.S.
Remember: Whenever you think you are facing a contradiction, check your premises. You will find that one of them is wrong