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Author Topic: How much premine a coin dev should get? GML dev keeping 80% of total coins  (Read 907 times)
alexrey (OP)
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August 29, 2014, 07:45:01 AM
 #1

Lots of people here on this forum are against coin dev holding 4%, 5%, 10% etc. of premine coins. What do you think of Gameleaguecoin dev keeping more than 80% of premine coins? It is good or bad? To invest or not?

I was wondering regarding the amount of coins he already sold on bittrex or bter just to satisfy his greed.

https://bitcointalk.org/index.php?topic=595779.msg8579483#msg8579483


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August 29, 2014, 07:50:43 AM
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nothing, this place is dead
alexrey (OP)
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August 29, 2014, 07:58:29 AM
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nothing, this place is dead

It is a sign of approval for coin dev keeping 80% or you are deeply invested on GML?

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August 29, 2014, 08:01:18 AM
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nothing, this place is dead

It is a sign of approval for coin dev keeping 80% or you are deeply invested on GML?


no, i've not invested in gml, dev should just mine like everyone else, no premine or any other thing for him
BitCoinNutJob
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August 29, 2014, 09:34:45 AM
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Problem is even if devs say they keeping only 1% of a new coin and say another 3% of the total coins get mined within the first week of the coin that still leaves the dev with 25% of the coin which they probably often just dump and move onto next project.
xiaoxiaox
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August 29, 2014, 10:53:37 AM
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Acturally people don't care how much dev premine they just care if they can earn money or not.

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August 29, 2014, 12:56:44 PM
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People still buy with the fact they know its Premined and the reason is they want to make some money too..
bit tired
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August 29, 2014, 01:19:30 PM
 #8

It would be great if a dev could be trusted to hold over 50% of the coins and never sell them. That would stop 51% attacks. Unfortunately too many devs seem to dump their premined coins at the first opportunity.
digitalblock
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August 29, 2014, 01:38:24 PM
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Well its his coins. If he wants 80%, he can have it, he made it. Nothing illegal about it and nothing new. If your dumb to mine or buy it you deserve whats coming for you. Really a dev should not have more than 1% premined. When a dev makes a coin legit its pumped hard then dumped cause there is no tomorrow for it. If your posting this to take him down shame on you. The next thing your probably going to do is to see if hes paying his taxes or spending his coins on prostitutes.
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August 29, 2014, 03:09:12 PM
 #10

dev should have 0%.

These zero post devs should get nothing until they prove they are really supporting their coins. Pressing copy and paste entitles them to nothing.

They want to premine then turn it ALL over to escows and have it released to you as you work and support your coin over time.

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