[ANN] SilkCoin | New Wallet | NOW on MintPal / Cryptsy

@cryptojudge love your comments. Keep up the good spirit hyping the coin and attacking critical questions. When you are going to react to this post, try to include your mathermatics as well; how to buy 2,000,000 sc-coins at 800 sat for 4,5 btc. I am really interested to hear how you do that? Think about it this way; many people were scammed by devs that sold premined coins, so why so angry when someone tries to get some information about the premine.

First of all, for the record you are absolutely right and I am absolutely wrong on the mathematics. I made a severe calculation error. It would take 16 BTC to get 2,000,000 even without market movement. My irritation with your posts consisted of ...

1) Demanding an instant answer and threatening to use the lack of an instantaneous response by calling the coin a scam
2) Calling me part of the scam simply by posting my opinion that the premine is not important
3) Demanding an answer by threat of selling 400k coins.

I believe your intentions are right but the way in which you go about them is wrong.

Judge Crypto
www.judgecrypto.com

Thanks for reacting. I indeed was rude in my post. This is not my usual behaviour. I apologize. In the past, I had some big losses on premined coins and since then I am trying to be more carefull. Last day, I bought a lot of SC. At first site, I liked this thread, things looked nice...etc. But the price keeps going down. So, I started reading again and found out that a lot of communitymembers were pretty much newbies, Always talking about how good the dev etc was. After some time, I saw another possibility of a huge scam. A dev, making a nice wallet and having lots of extra accounts, hyping the whole thing. In this mood, I decided to make a, not so nice, first post, hoping to get some clear answers.
I am happy with the info I got about the premine, but still don't get it, we are going down. 22M is mined now. Maybe there will remain some more downward pressure, but in my opinion most of the selling is finished. In the meantime we keep going down. Every buy-order I put in, 15% below the price, gets matched within 2 hours.

Thanks for the apology. I also apologize as well, as I should be more understanding of people getting irritated with scam devs. We are both stakeholders so we should be working together.

Some things I think to help the coin

1) Get on mintpal. Bittrex is small volume and Poloniex is even smaller. We need someplace that has more liquidity to absorb the sells. Even if we are too late for the first PoW stage it will still help in PoS if there are more BTC in buy volume available.

2) Get a Reddit community started. Many see that as a good benchmark for community.

3) Focus on some objectives for the coin. Post them here and update as progress is done. People get scared when the thread is slow on a new coin. People have been burned many times as evidence by some of the interactions by otherwise reasonable people.

4) A multipool needs to be setup to kick in after PoW stage.

Just some thoughts.

- Already asked for Mintpal, and anyway it will come in time we are not worried. It's only the beginning.
- Reddit just got setup today, see the OP i updated the social. Most activity will start tomorrow i guess, with the giveaway and new wallet.
- We'll soon be more transparent about the plan we just have so much to do currently it would take too much time to detail every step, wait until we're a little bit more settled it's been only 3 days.
- We already got 3 pools with payout in silkcoins including Hashcows ready to kick in POS phase

1+

Thanks for your work thus far on this currency.