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Author Topic: How much is acceptable "pre-mining" for an altcoin, if any  (Read 438 times)
btcgolong (OP)
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July 03, 2017, 12:55:28 PM
 #1



Seems like many of these new alt coins are heavily pre-mined, what % (if any) do you think is "fair" for a new altcoin?



Of course we have ICO's happening as well...but that is a question for another thread.


HardFireMiner
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July 03, 2017, 12:57:22 PM
 #2

If it is premined, it is scam, as simple as that. The more premine - the scammier the project.

Do what you must and come what may.
brokedummy
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July 03, 2017, 01:13:31 PM
 #3

up to 100%, more than that and I start getting suspicious!
bathrobehero
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ICO? Not even once.


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July 03, 2017, 02:47:35 PM
 #4

If it is premined, it is scam, as simple as that. The more premine - the scammier the project.

Exactly this.

Not your keys, not your coins!
Amalker
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July 03, 2017, 07:29:02 PM
 #5

If it is premined, it is scam, as simple as that. The more premine - the scammier the project.
True.
Kabaisos
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July 03, 2017, 07:42:29 PM
 #6

Depending :

-for ICO tokens, that is mandatorily 100% and that is normal for me.
-for regular crypto-currencies, 0%, even 0,01% is too big
chga
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July 03, 2017, 09:26:51 PM
 #7

Depending :

-for ICO tokens, that is mandatorily 100% and that is normal for me.
-for regular crypto-currencies, 0%, even 0,01% is too big

Yes 100% is OK as long as the distribution is fair.
Ingramtg
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July 03, 2017, 09:42:43 PM
 #8

if that is an ico , 100% pre-mining is no problem

but if the coin is a total new algo   that's can not tolerate any premine

i even remenber  some years ago there is a lot of QT coin  with X11  X12 X13 algo

the first thing when dev  post ann is checking if had pre-mine


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