Whats your opinion on a fully 100% premined coin?

[UnNamedCoin]

Ive been reading some pros and cons to being fully premined coins and would like to hear your opinions.

I think the biggest advantage of premined coins is the it can be released out to the public a lot easier without the need for miners to continually spend 1000,s of dollars in equipment that has a very short lifespan due to mining/power consumption/difficulty.

I also believe that it bypasses the need for the "techie" group to be directly responsible for its release which ultimately they profit from by being "early adopters"

[kalus]

because centralized. 

[UnNamedCoin]

because centralized. 

How do you figure that out?
Its centralized only to miners and from there it spreads. So theoretically miners can band together and put a stop to selling of Bitcoins.

[eightspaces]

Gotta love Preminecoin

[DubFX]

It can easily turn into scam after funds are collected  

[UnNamedCoin]

It can easily turn into scam after funds are collected  

But any savvy business person will see the better returns from continued expansion of a coin.

The scammers are only fly by night thugs and quickly vanish

[Snail2]

There are plenty of such coins. What improvements do you offer?

[Jacko]

As above.

Depending upon what the coin is about and what it proposes to do for a specific or a general part of the world. The values of the coin and it's developers. Information on the team behind it etc, etc,etc. These and lots more things need to be discussed and documented before people will even begin to weigh the pro's and cons of a premine coin. Especially a fully premined coin.

[jertsy]

I think it's just a scam if the dev keeps most of the coins and dumps whenever it suits him.

However, there are a few fully pre-mined coins I like because they are widely distributed between a thousand or more people without the dev keeping the majority.

[hilariousandco]

because centralized. 

How do you figure that out?
Its centralized only to miners and from there it spreads. So theoretically miners can band together and put a stop to selling of Bitcoins.

It's centralised because it's 100% premined. How do the devs share it out in the first place?

[Momimaus]

I like them if there is an innovation. It´s just like a normal company doing her IPO.

We need innovation with superior programmers. 
The shitcoins mining pump and dump - die game, is just a game with no future.

[dailyarsenal]

this topic is lame. who the fuck wants a 100% premined coin.

[foodies123]

this: https://bitcointalk.org/index.php?topic=535152.0

[Momimaus]

this topic is lame. who the fuck wants a 100% premined coin.

which miner wants a 100% premined coin? None

non-miner? Absolutely

[UnNamedCoin]

this topic is lame. who the fuck wants a 100% premined coin.

My guess is someone that is not a techie, cannot afford 1000's of dollars in miners and people who just want day 1 coin who know little or nothing about crypto, mining and computers

[kalus]

people who just want day 1 coin who know little or nothing about crypto, mining and computers

aka "a sucker's born every minute".

people who:

know little or nothing about crypto,

little or nothing about mining,

little or nothing about computers,

have no business investing. i'm continually amazed how little research people do into their own investments. people that don't bother educating themselves won't make money here:  you've described the perfect conman's mark.  

[counter]

It is my opinion that no good can come from such a thing as the first will very more than likely get a larger share of the pie and those who show up late will get scraps and basically be working for the early adopters in a sense.

[UnNamedCoin]

people who just want day 1 coin who know little or nothing about crypto, mining and computers

aka "a sucker's born every minute".

people who:

know little or nothing about crypto,

little or nothing about mining,

little or nothing about computers,

have no business investing. i'm continually amazed how little research people do into their own investments. people that don't bother educating themselves won't make money here:  you've described the perfect conman's mark.  

So your suggesting the Bitcoin remain in the hands of those that know about crypto, mining and computers... That just ruled out 99% of the world

[kalus]

people who just want day 1 coin who know little or nothing about crypto, mining and computers

aka "a sucker's born every minute".

people who:

know little or nothing about crypto,

little or nothing about mining,

little or nothing about computers,

have no business investing. i'm continually amazed how little research people do into their own investments. people that don't bother educating themselves won't make money here:  you've described the perfect conman's mark.  

So your suggesting the Bitcoin remain in the hands of those that know about crypto, mining and computers... That just ruled out 99% of the world

i'm suggesting that people that 'want day 1 coin' and expect to make money without doing any research whatsoever are the reason why scams are so prevalent in this subforum specifically.  

if you know "little or nothing about crypto, mining, and computers", then why not invest in something you fucking know something about?  

[UnNamedCoin]

people who just want day 1 coin who know little or nothing about crypto, mining and computers

aka "a sucker's born every minute".

people who:

know little or nothing about crypto,

little or nothing about mining,

little or nothing about computers,

have no business investing. i'm continually amazed how little research people do into their own investments. people that don't bother educating themselves won't make money here:  you've described the perfect conman's mark.  

So your suggesting the Bitcoin remain in the hands of those that know about crypto, mining and computers... That just ruled out 99% of the world

i'm suggesting that people that 'want day 1 coin' and expect to make money without doing any research whatsoever are the reason why scams are so prevalent in this subforum specifically. 

So day 1 coin should remain with crypto, miner and computer people?  ... Doesnt sound like a community at all... sounds like a club for the elite