coins with premine

[Lucacrebbe]

Generally I  see  here  people  say ''how  can you trust  that coin with  that ''premine''?

So  I  was  wondering  wgat does it mean  this   tought, this  sentence...  why pre-mine is   so iportant  when it  cames to choose one coin or another?

Maybe because with  the premine there  is  more coin's supply , so less  valuable becames the coin?

[1714704926]

1714704926

[1714704926]

1714704926

[nuskill]

it usually means that the founders own all the premined coins and just wait for a right moment to get rich with it

[CryptoMDS]

it usually means that the founders own all the premined coins and just wait for a right moment to get rich with it

Not necessarly. They might not premine all the suply and ICOS you see are premined to, they sell part of the suply and hold a part for them for development and marketing porposes.

[xiaoyum]

As I know this means coins were first freely given to people and second they change the rule to give worth to coin. This basically means bottling water from waterfall later to sell it. Noone really trusts this kind of premined projects naturally.

[peschi]

Premined coins will sooner or later have a price manipulations of the devs/founders of the project if they start dumping their coins. There are also some projects which keep their premined coins for airdrops or bounties - thats no problem then.

Check coinmarketcap and cryptocompare to see which coins are premined.

[cryptosifu]

Almost all of the new ICO projects are 100% premine. 

[rommelzkie]

Premined coins is no good. it is like fiat currency. they manipulate the supply and demand. i dont think it is good to invest on premined ICO unless it has a great project connections with outstanding developers just like ripple.

[CuriousGeorge]

it usually means that the founders own all the premined coins and just wait for a right moment to get rich with it

Not necessarly. They might not premine all the suply and ICOS you see are premined to, they sell part of the suply and hold a part for them for development and marketing porposes.

But that was different, From the icos the developers already got the decent amount to run its business and develop the product and that was different with the pre mined token. If you are seeing the token gets pumped by the traders and if that was touching the high price and the dev will be dumped their token for the money to get rich. That even worst than ico.

[Febo]

Generally I  see  here  people  say ''how  can you trust  that coin with  that ''premine''?

So  I  was  wondering  wgat does it mean  this   tought, this  sentence...  why pre-mine is   so iportant  when it  cames to choose one coin or another?

Maybe because with  the premine there  is  more coin's supply , so less  valuable becames the coin?

Premine is important because those coins were get for free. People are always scared they will dump their coins for any price since they got them for free.  There is no need for that and many cryptocurencies proved that.

Almost all of the new ICO projects are 100% premine. 

Most ICOS are not coins but are just tokens.  they are a "share" of project. Ofcourse not really a share, since is no legal binding that project belong to those tokens   This is what China wants to fix.
What is sold in ICO you cant calla  premine. But what is held by ICO organizers you can.