Premine is just a joke

[Git_2058]

Just came across its cap today, $1 volume, what a joke?

Have been followed this coin since 1st day, although I don't put any investment on it, because I believe this is just a joke.

See, this is what? They premined everything, and issued to the community. Everyone having the coins will dump the coin. People should be aware of Satoshi's design on the BTC. Releasing so many coins just destroy the coin itself.

Imaging one day you tell a seller you want to pay goods using premine coins, what a joke name!

[Bbeenn]

 

[var53]

It's not as bad as that, it's got a volume of $ 367 on coinmarketcap right now. It's near the bottom, but there are plenty more coins below it.


#   Name          Market Cap   Price          Available Supply        Volume (24h)
179    Premine    $ 15,728    $ 0.031519    499,000 PMC*         $ 367

[Amph]

the distribution wasn't transparent at all, there were guys with 30k, they did it wrong

[cowandtea]

It depends on who control the premine

[dogeunion]

I agree with you, pre mining coins are very short life, no innovation points as support.

[fr4nkthetank]

WHAT

NO


^i like premine coin.  unfortunatly, my premine (small amount), is on cryptorush.

which explains the low volume, because im ready to bet most of premine coin was on cryptorush

[$dakini]

Is that what all these POS coins are doing now or are they different other than the interest bit?