fenican (OP)
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May 28, 2013, 01:02:38 PM |
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ALERT ALERT ALERT
From the [SXC] source code main.cpp:
if(nHeight < 3) //premine bounties { nSubsidy = 1000000 * COIN; }
ALERT ALERT ALERT
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sellbuy
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May 28, 2013, 01:03:14 PM |
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and what?
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fenican (OP)
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May 28, 2013, 01:03:46 PM |
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This is one of the largest premines ever. Those 2,000,000 coins in the float will make it virtually impossible for SXC to have value since
THEY WILL BE DUMPED AS SOON AS IT HITS AN EXCHANGE
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chinsu
Newbie
Offline
Activity: 28
Merit: 2
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May 28, 2013, 01:04:00 PM |
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ALERT ALERT ALERT
From the [SXC] source code main.cpp:
if(nHeight < 3) //premine bounties { nSubsidy = 1000000 * COIN; }
ALERT ALERT ALERT
Of course it's in source code. We use it for lot of bounties and events as well as giving back to miners.
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garumaru
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May 28, 2013, 01:04:34 PM |
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and what?
Do you know how long it will take YOU to mine 2 mill of any coins?
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BTC - 19zLbgtvGUttFiT9LXY8XAw1gGRiwXQap4 DGC - DM2qB66qAetszRtQACX683Vd7Bgd6sUsRB
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sellbuy
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May 28, 2013, 01:05:07 PM |
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This is one of the largest premines ever
what a pity... and what?
Do you know how long it will take YOU to mine 2 mill of any coins? let me guess.... 20ms? and how do you suppose they gonna put their fuckin:D coin onto exchange without bounty?
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techbytes
Legendary
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Activity: 1694
Merit: 1054
Point. Click. Blockchain
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May 28, 2013, 01:22:10 PM |
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This is one of the largest premines ever
what a pity... and what?
Do you know how long it will take YOU to mine 2 mill of any coins? and how do you suppose they gonna put their fuckin:D coin onto exchange without bounty? You need bounty to pay developers but exchange? NOT. If you develop a decent marketable altcoin, the demand will come and when this happen, exchanges will be lining up to add you. Two million premines are just plain GREED on the developer part. Look at digitalcoin, DGC. Zero premine and when was the last altcoin launched where you see the developer buying up his own developed coins for bounty? None that I know of. This is why I support DGC because it has the support of the developer. Developers planning on launching new altcoins should take a good look at DGC. -tb-
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sellbuy
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May 28, 2013, 01:35:15 PM |
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techbytes
you have to be more humorous, as it was mostly irony/sarcasm
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ElBurro
Member
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Activity: 101
Merit: 10
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May 28, 2013, 01:36:35 PM |
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ALERT ALERT ALERT
From the [SXC] source code main.cpp:
if(nHeight < 3) //premine bounties { nSubsidy = 1000000 * COIN; }
ALERT ALERT ALERT
Phenixcoin did the same thing, it's fine to premine now. At least thats what phenixcoin supporters say...
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kelsey
Legendary
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Activity: 1876
Merit: 1000
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May 28, 2013, 01:38:39 PM |
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pre mining for bounties and givaways, promotion is a good thing.
look at the givaway thread the dev is not hoarding them for himself....and an opporunity for those who slow mine to get in the action.
anyway he was upfront from the start....no problems here.
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fenican (OP)
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May 28, 2013, 01:41:38 PM |
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How was he "upfront"? The introduction page did not even state the size of the bounty.
Seriously the miners who wasted their time with this got very lucky. What if it had been 1,000,000,000 coins ? or 1,000,000,000,000 coins ? You get the idea ...
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kelsey
Legendary
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Activity: 1876
Merit: 1000
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May 28, 2013, 01:43:29 PM |
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How was he "upfront"? The introduction page did not even state the size of the bounty.
Seriously the miners who wasted their time with this got very lucky. What if it had been 1,000,000,000 coins ? or 1,000,000,000,000 coins ? You get the idea ...
then it'd been ripple
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fenican (OP)
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May 28, 2013, 01:47:01 PM |
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How was he "upfront"? The introduction page did not even state the size of the bounty.
Seriously the miners who wasted their time with this got very lucky. What if it had been 1,000,000,000 coins ? or 1,000,000,000,000 coins ? You get the idea ...
then it'd been ripple LOL!
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Bitcoin.Greece
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May 28, 2013, 01:51:04 PM |
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He must have money to give back for many reasons .... No problem ...
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Get a VPN - Protect yourself
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fenican (OP)
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May 28, 2013, 01:55:10 PM |
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He must have money to give back for many reasons .... No problem ...
LMFAO ... like asking someone how to compile under Linux ? 50,000 reward for that one
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TheSwede75
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May 28, 2013, 01:57:43 PM |
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There was nothing upfront about it. Also: announced bounties are less than half of premine, and also does not by ANY means keep "dev" from selling the coin and calling it a day without paying out any bounty at all. Block reward 1000000, 500, 250, 100 ha ha
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chinsu
Newbie
Offline
Activity: 28
Merit: 2
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May 28, 2013, 02:00:34 PM |
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There was nothing upfront about it. Also: announced bounties are less than half of premine, and also does not by ANY means keep "dev" from selling the coin and calling it a day without paying out any bounty at all. Block reward 1000000, 500, 250, 100 ha ha Yes we are selling it, for free. 50,000 SXC already given away and keep going on. Not to mention 1m+ coins for pool/exchange/event/bounty.
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TheSwede75
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May 28, 2013, 02:02:29 PM |
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There was nothing upfront about it. Also: announced bounties are less than half of premine, and also does not by ANY means keep "dev" from selling the coin and calling it a day without paying out any bounty at all. Block reward 1000000, 500, 250, 100 ha ha Yes we are selling it, for free. 50,000 SXC already given away and keep going on. Not to mention 1m+ coins for pool/exchange/event/bounty. 50k given out, so only 1.950.000 coins, plus whatever your instamining botnet could hash left to sell on the forum. Well, I stand corrected then
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chinsu
Newbie
Offline
Activity: 28
Merit: 2
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May 28, 2013, 02:05:59 PM |
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There was nothing upfront about it. Also: announced bounties are less than half of premine, and also does not by ANY means keep "dev" from selling the coin and calling it a day without paying out any bounty at all. Block reward 1000000, 500, 250, 100 ha ha Yes we are selling it, for free. 50,000 SXC already given away and keep going on. Not to mention 1m+ coins for pool/exchange/event/bounty. 50k given out, so only 1.950.000 coins, plus whatever your instamining botnet could hash left to sell on the forum. Well, I stand corrected then It's funny that you want us to give out all coins at once? By the way, if we have that 500MH botnet, we would better mine LTC for instant dollar. Please think before posting.
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TheSwede75
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May 28, 2013, 02:12:59 PM |
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There was nothing upfront about it. Also: announced bounties are less than half of premine, and also does not by ANY means keep "dev" from selling the coin and calling it a day without paying out any bounty at all. Block reward 1000000, 500, 250, 100 ha ha Yes we are selling it, for free. 50,000 SXC already given away and keep going on. Not to mention 1m+ coins for pool/exchange/event/bounty. 50k given out, so only 1.950.000 coins, plus whatever your instamining botnet could hash left to sell on the forum. Well, I stand corrected then It's funny that you want us to give out all coins at once? By the way, if we have that 500MH botnet, we would better mine LTC for instant dollar. Please think before posting. For being a "developer" you sure don't understand how your own scam works very well. I would ask your copy paste programmer for a refund.
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