Ethereum premined

[bitcometrader]

How many Ether did the DEVS premine ?

[r0ach]

How many Ether did the DEVS premine ?

Enough to make $1 million by dumping 1/4th of one the (30?) dev shares so far...

[Next BillG]

 ETHER DISTRIBUTION OVERVIEW
Genisis (60M Crowdsale+12M Other):   72,009,990.50 Ether
+ Mining Block Rewards:   7,716,600.78 Ether
+ Mining Uncle Rewards:   415,212.50 Ether
= Current Total Supply
80,141,803.78 Ether

http://etherscan.io/stats/supply

[r0ach]

75% premined, what a deal.

[tokeweed]

QFT!  Everyone read.

^ Don't listen to that Roach guy.  He's just a sore whining BTS supporter, who sold his stake at a loss.  Not to mention blindly following the Larimers and giving them away his BTS soul for the sake of Bitshares.   Where is Bitshares headed now?  Bitshares has stagnated while Ethereum is flourishing.  And now comes in here and whines and bitches and tells people to stay away from Ethereum?  He should have stayed away from Bitshares and the Larimers.  Instead we see a guy who sucks at trading whining like a little girl.  Haha.

It's always the biggest Larimer supporters who become their greatest critics.

Haha.  DE check out what Roach said...

For the 100th time, this thread is about Eth and the DAO.  When you seem this desperate to change the subject away from what the thread is about, something is wrong.  I have absolutely nothing to do with Bitshares.  The only involvement I've ever had is buying some at 1400 satoshi before the price went to 3500 satoshi. The only thing I own is BTC.  I, and everyone else in this thread, has zero interest in Bitshares.  Now back to the subject of the DAO and Eth.

WHAT A BIG F**KING LIAR!

Now he claims to have made money by trading BTS when in fact he is sore as sh*t because he and his community got conned by the Larimers.  Jeeezzusss.  Lying sack of sh*t.

I TRIED TO TELL 'EM!  YOU KNOW I TRIED TO TELL 'EM!  IF I SAID IT ONCE, I SAID IT A THOUSAND TIMES!

It's always the biggest Larimer supporters who become their greatest critics.

The Eth shills do nothing but flat out lie to try and con people out of money.  The best part is, he claims I'm a "bts supporter", except in 1st page of this thread, you can easily see my comment below.

This is exactly what I said days ago, that Bitshares already proved the DAO is a horrible idea lol.

Srsly, who are you trying to fool?  Anybody can look back at your post history and tell that you were the NUMERO UNO Bitshares shill hyping the Larimer's / Chicom's scam.  You're right that Bitshares was a "horrible idea".  Anyone with a functioning brain knew that back when you were promoting it.  It was so obvious, you'd have to be brain dead not to realize the con the Larimer Gang was pulling on everyone.  Heck, they even tried to sell their Testnet coins, and Little Larimer Jr wrote up a blog post trying to convince their sheeple why it was a good idea to buy them.  The only reason you supported the Larimers back then was because you were trying to make money at the expense of helping the Larimers perpetrate their scam on the innocent.  You are such a lying sellout it isn't even funny.  It serves you right that the Larimers robbed you blind.  The Larimers are the sleaziest people to have slithered through this forum.  They are some of the biggest liars, cheaters, and thieves that I've seen in a long time.  You're right up their with them in my opinion for supporting them when you obviously knew what they were doing was wrong and against the ideology of free, decentralized crypto.

How am I an "Eth shill"?  The only thing I support right now is the Synereo social network and tech stack, because I believe in free speech.  Just because Synereo and Ethereum are working together on blockchain tech doesn't make me an "Eth shill".  You're the one who tried to con people out of money when you were in cahoots with the Larimer Gang and the Chicoms.

[Next BillG]

75% premined, what a deal.

Most of the premend are the ICO, if you invested it in the ICO, you will have investment growth more than 20 folds.

[r0ach]

75% premined, what a deal.

Most of the premend are the ICO, if you invested it in the ICO, you will have investment growth more than 20 folds.

That was not even coherent English.

[jacobmayes94]

Anyone who invested in the presale at the beginning got a 20% ROI if they sell now i think he is saying.

[bitcometrader]

Anyone who invested in the presale at the beginning got a 20% ROI if they sell now i think he is saying.

There is a difference between 20% and twenty fold.
100+20%=120
100 twenty fold is 2000

[ProfessionalGoogler]

In comparison to what Ethereum is worth, they made nothing.

Yet that nothing is a whole lot of something. 

[Amph]

around 83k etheruem is equal to 25%, assuming he dumped before the last dump at 0.03 and the value of bitcoin was $400, and he made $1M

so complete stash for vitalik should be 83k x 4, around 330k etheruem, we can round to 400k, because i doubt he dumped all the 83k at the same price...

[CraigWrightBTC]

if i think about premine ethereum it makes me fear

[Next BillG]

if i think about premine ethereum it makes me fear

By now, most of the premined Ethereum will have changed hands. It is in the hands of many investors.

[Minecache]

Premining a great tech like ETH makes sense as the devs can fund and focus on bringing the tech right bang up to speed with, and even surpass BTC.

[Zer0Sum]

Premining a great tech like ETH makes sense as the devs can fund and focus on bringing the tech right bang up to speed with, and even surpass BTC.

Ya man, the pinheads whining about Ethereum's well earned success... are the flip side of the Monero sociopaths.

[mightyghz]

some problems for me
1) Trying to fully understand it gives me headeaches (not just read & learn... DEEP understanding)
2) It's really in a early stage. Maybe too early.
3)unlimited supply
so I will probably become a late user, if everything goes out well

[NUFCrichard]

some problems for me
1) Trying to fully understand it gives me headeaches (not just read & learn... DEEP understanding)
2) It's really in a early stage. Maybe too early.
3)unlimited supply
so I will probably become a late user, if everything goes out well

That the creator sold out when he obviously thought the price was at a peak is a pretty big negative in my opinion.
I know he still has a large holding, but people who really believe in their own project don't sell a large amount of their shares before the project even really gets off the ground.

I don't count the ICO as a premine, but it does seem that there was an actual premine too.

[bitcometrader]

There was an additional 17% premine by the devs

https://www.etherchain.org/tx/0x9c81f44c29ff0226f835cd0a8a2f2a7eca6db52a711f8211b566fd15d3e0e8d4

[altseeker]

Are those additional premine were disclose before the Ethereum ICO has started?

[CraigWrightBTC]

if i think about premine ethereum it makes me fear

By now, most of the premined Ethereum will have changed hands. It is in the hands of many investors.

and it will make many dumpers