https://bitcointalk.org/index.php?topic=2753447.new#new
Ive spent the last 2 days getting answers of where their premine went. 5 pages! And the answer to where the premine went to, i got told "check the block explorer".
They claimed to have doctors on board and they were given $10k worth of coin. Ok great i asked which ones and give me the contact info so i can see how they plan to distribute the medic to their patients. I was told "dont bother them". Hmmm okay
So now its clear they mined for 10 days when all the blocks were 100,000 per block (once announced to the public they are now only 199 coins a block). They ammassed somewhere around 150 million coins. And you need 200,000 coins for a masternode....so guess who keeps all the masternodes, you got it. The developers unless you want to buy their coins at an inflated rate on the market.
I literally got no answer about their premine except some deflected answers not about addressing my questions. And finally was told there is a time for everything and now isnt the time to disclose that information
I think we all know where this one is headed. On some masternode stats they show up as one of the most profitable. There is very low volume on exchanges for this coin so i imagine they are buying and selling their own coins (can not confirm this) to achieve a high per coin cost. I would hate to see inncocent people get burned but this one looks bad.
Ive spent the last 2 days getting answers of where their premine went. 5 pages! And the answer to where the premine went to, i got told "check the block explorer".
They claimed to have doctors on board and they were given $10k worth of coin. Ok great i asked which ones and give me the contact info so i can see how they plan to distribute the medic to their patients. I was told "dont bother them". Hmmm okay
So now its clear they mined for 10 days when all the blocks were 100,000 per block (once announced to the public they are now only 199 coins a block). They ammassed somewhere around 150 million coins. And you need 200,000 coins for a masternode....so guess who keeps all the masternodes, you got it. The developers unless you want to buy their coins at an inflated rate on the market.
I literally got no answer about their premine except some deflected answers not about addressing my questions. And finally was told there is a time for everything and now isnt the time to disclose that information
I think we all know where this one is headed. On some masternode stats they show up as one of the most profitable. There is very low volume on exchanges for this coin so i imagine they are buying and selling their own coins (can not confirm this) to achieve a high per coin cost. I would hate to see inncocent people get burned but this one looks bad.
I know how you feel. Any answers have to be dragged out of them and most of the time it is just deflection, distraction, partiial answers and being ignored. Questions are just buried in a load of "I love medic coin because <insert some claim without evidence> by a newbie or Jr account and all of their posts are on the medic coin thread or some other coin that pays bounties for hyping it. The reason I use this format in the accusation thread is so I can add the answers as they become available and so that people can easily see the information without having to read 48 pages of self praise with the occasional question or partial answer in it. Coins have premines but the way this premine was done in combination with high reward masternodes the control and profit being made is purely for the person or group of people that started it.
Block chain can easily be used for proof and transparency. The only reason not to be transparent while asking for people to invest is if you have something to hide.
30% premine with high masternode stake rewards has effectively resulted in an estimated 80-90% premine of current circulating coins.