hi friends,
following your comments today but I was unavailable to answer. Hopefully now we can shed some light on some of your questions or concerns.
According to the only block explorer left, at current block 879, money supply : 17779316.99993023
Remove premine: 17 777 777
We left with 1539 coins mined.
As of now only YoBit has 2000+ for sale at the lowest price.
P.S. Not even talking about 5.5k you already sold. LOL
I have explained our reason to keep a pre-mine amount and have been honest about this since the beginning.
What you mention is speculative talk based on your own opinion. First off, I personally do not own the full pre-mine. We are a team, 2 official and at least as much unofficial. Also, large bounties have been paid. Those who helped us get this project off the ground have received fair shares and there is more to come. That's what bounties are for. The remaining supply goes to miner.
Who sell what at which price is their business.
Silly. Our graphics guy does better than that :p
That was going to be the name of our project, until we discovered them LK7...
We have yet to see those illusive 7, 77 blocks. I have only seen 2 of 777 so far. Considering every 7th block must be 7 coins, there is something definitely wrong in the code...
True, I was also expecting a bonus on average every 7th block.
Is this only BAD LUCK ?.. Here is the code.
int64 static GetBlockValue(int nHeight, int64 nFees)
{
int64 nSubsidy = 0.7777777 * COIN;
int64 rRandy = rand() % 777 + 1;
if(nHeight == 1)
{
nSubsidy = 17777777 * COIN; //Pre-mine
}
else if(nHeight == 7)
{
nSubsidy = 7 * COIN; //Hard coded bonus
}
else if(nHeight == 77)
{
nSubsidy = 77 * COIN; //Hard coded bonus
}
else if(nHeight == 777)
{
nSubsidy = 777 * COIN; //Hard coded bonus
}
else if(nHeight == 7777)
{
nSubsidy = 7777 * COIN; //Hard coded bonus
}
else if(nHeight == 77777)
{
nSubsidy = 77777 * COIN; //Hard coded bonus
}
else if(nHeight == 777777)
{
nSubsidy = 777777 * COIN; //Hard coded bonus
}
else if(rRandy == 1)
{
nSubsidy = 777777 * COIN; // 1 on 777 chances
}
else if(rRandy <= 11)
{
nSubsidy = 777 * COIN; // 1 on 77 chances
}
else if(rRandy <= 111)
{
nSubsidy = 7 * COIN; // 1 on 7 chances
}
return nSubsidy + nFees;
}
