hasnt it already been made clear that theres a team behind lottocoin just not one guy?
That's been posted by one of the accounts. It holds no more or less water than the statement that both accounts are the same person.
To be clear, I hold just slightly less than 2m. I've traded a further 4m, including to people posting on here. Im not looking to bash LOT, and I'm not fully aware of the technical details around any fault.
My concerns are:
Premined coins left after bounties paid for games etc have the potential to drop the value significantly.
Bounties paid seem very trivial given the volume of premine, which leads me to speculate that the ultimate end game for the dev/s is a sell off and abandonment of the coin after making a decent profit.
If there are technical issues, then they need to be openly discussed and resolved before any large scale mining pools or exchanges come on board. If they exist and are not resolved by then, it could be a very negative issue for the coin.
I'm sure everyone here wants to see the coin succeed, but if there are any issues and concerns prior to the coin going "mass market", then I believe they should be discussed.
So as for resolutions, perhaps a pool operator could lay out the technical problems either here or if security issues dictate, via pm to the dev. As for premine, if this is being used for dev and promotion, a conclusive list of how and where would go some way to demonstrating that it is being used for that and belay any fears of a pump and dump by the devs.
Other than that, my humble little rig is still mining lot, but I'm cautiously monitoring the development of this thread.