★★ ▀▄▀▄▀ BITBAR is not pre-mined !!! ▀▄▀▄▀ ★★

[skull88]

People have really short memory here, never seen a coin with so much debate?
There was more debate about Feathercoin 2 weeks ago which sold at 0,1 btc when it hit btc-e and is now 0,0031 

Not to talk about SolidCoin, who can ever forget those 

[1715167728]

1715167728

[1715167728]

1715167728

[relm9]

People have really short memory here, never seen a coin with so much debate?
There was more debate about Feathercoin 2 weeks ago which sold at 0,1 btc when it hit btc-e and is now 0,0031  

Not to talk about SolidCoin, who can ever forget those  

Well, I wasn't around here for SolidCoin. Seeing way more controversy with BitBar than Feathercoin (or CHN), though...

[davidpbrown]

Not to talk about SolidCoin, who can ever forget those  

realsolid at http://www.mcxnow.com is looking to bring back SC! .. some people are forever the optimists.

[Sou]

It's arguable that every last one of these coins (yes, even Bitcoin) holds monetary incentive for the person(s) behind the coins development. The bigger cryptocurrency picture at large comes with a whole host of implications that could very well shift some of the social and economical foundations of the world as a whole, but when it comes down to the day to day most people are expecting to be compensated for their time spent. You can have to nobelest vision of making a positive contribution to the collective, but to say you expect to leave at the end of the day having not benefited is simply not true. I guess the real question is exactly how much is fair.

[crymo]

this coin is very succesfull scam

99% mined after few moments of release hahah

it onlz takes  1 post on reddit (from new user) http://www.reddit.com/r/bitbar/comments/1dmino/bitbar_exchange_is_in_the_works/
so people think that exchenge will be out so they are willing to pay their hard earned bitcoins...


well played

[Barnacle_Ed]

From another thread:

Official announcement on this board:
https://bitcointalk.org/index.php?topic=193519.0 Time: 05:30:04 PM

Announcement: 17:30:04
First Block mined: 17:32:10 (Difficulty 0.00) (Reward 1 Bitbar per block)
First Hundred blocks: 17:33:24
First 200 blocks: 17:36:16
First 300 blocks: 17:39:42
First Thousand blocks: 18:01:22
First 2000 blocks: 18:40:45 (Difficulty 0.012) (Reward 0.528202 per block)
.
.
.
.
Current Block 6000 (Difficulty 15.291) (Reward 0.164687 per block)

So from the time that it was announced to the time someone has time to read the announcement, download the client and configure the .config you need at least 15 minutes, by that time 500 Bitbar were already in the hands of the creator and the people that was aware before the announcement.

Now take into account that the reward is rapidly decreasing, the "conveniently ready miners" are hoarding a huge ammount of bitbars which were easily mined right after the announcement:

Here's one of said wallets:

http://btb.cryptocoinexplorer.com/address/BCJ49q7DHd4sCzwiQ1FDmTx7saxV7fDqX8

So it might not have been "premined", but it was sure as hell "tailored to REALLY benefit extremely-early adopters". That still reeks of a scam to me.

[bitterdog]

Instamined

[GSnak]

Although i've only been on the cryptocurrency scene for a couple months i don't believe i've ever seen a coin (or bar) build such a disdain towards it so quickly; the only emotional response equal to the immediate hate seems to be the hyperadvocacy of its adopters. Regardless of the position chosen, any argument is just bringing more awareness to the coin - i'm curious to see where all this momentum will lead.

Anytime people are getting more for a five minute old coin than one BTC people are going to lay an egg. The release was flawed, it wasn't premined but releasing the coin with zero difficulty was stupid after everyone saw what happened with FTC. Deliberately stupid? I don't know, probably. But that didn't stop any other junkcoin (no offense to Junkcoin) from making money.

Looking at the blockchain most of the early miner wallets have been divested, to whom who knows but regardless of who has them you're never going to see the market flooded with thousands of BTB. I guess we'll find out whether that matters or not.

[Littleshop]

Instamined

+1

[farlack]

ppl hating are those which are late in mining so they want it to fail, as next brick/coin hit the they be first and then they will hype

btw i am also late have just 500k/s and no solo mining success

There was no late mining, 99% were mined before you can cook a hamburger. That's hardly late, more like a team of people to mine asap.

Anyone notice that there are 2500 are mined and like 10 have been traded...

[Praxis]

This seems legit: the " ▀▄▀▄▀ ★★ " definitely adds to the credibility.

[MoneyCoin]

100 BTC per 1 BTB sounds good to me

[MaGNeT]

Any coin that isn't announced at least 24 hours before launch, is pre-mined in my consideration.

The funder conveniently had his miners ready while others had to download client, setup miners, etc.
And what about the 24 timezones? When I woke up and read the forum, the chain was up for 6.5 hours already.

But I'm not angry, I just won't touch Bitbar.

[hdclover]

Any coin that isn't announced at least 24 hours before launch, is pre-mined in my consideration.

The funder conveniently had his miners ready while others had to download client, setup miners, etc.
And what about the 24 timezones? When I woke up and read the forum, the chain was up for 6.5 hours already.

But I'm not angry, I just won't touch Bitbar.

Satoshi nakamoto has never announced Bitcoin project to public 24 hours before he launched it.