[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]

/biz/ - Business & Finance


View post   

File: 128 KB, 750x1087, EMf-KsCWkAYAinw.jpg [View same] [iqdb] [saucenao] [google]
16644917 No.16644917 [Reply] [Original]

68% of ETH's supply wasn't premined. it was just mined by the "sending BTC to vitalik" algorithm.

>> No.16644952

>>16644917
>all of a sudden a couple ETH fud threads appear on the catalog

>> No.16644957

>>16644917
He's technically correct. The best kind of correct.

>> No.16644973

>>16644952
It's because I just bought. They're trying to get me to sell. I just know it. This is an elaborate ploy

>> No.16645018

>>16644917
the kind of pre-mine that actually makes sense.

i bet op holds chainlink kek.

>> No.16645055
File: 164 KB, 1374x685, link supply.png [View same] [iqdb] [saucenao] [google]
16645055

>>16645018

>> No.16645064

>>16645055
Don't get me wrong, I still hold LINK.

>> No.16645068

>>16644917
that's nothing
100% of chainstinks supply was minted by sergoy for free with low effort
and people bought them from him before it could even do anything
it's like preordering a 201x bioware game

>> No.16645125

>>16645064
>>16645055
>he doesnt know that sergay has 2/3 of the ENTIRE SUPPLY

>> No.16645209

Who cares? ETH has unlimited supply so cant the community just inflate the existing coins and print more, making those premined coins worth less?

>> No.16645225

He's technically correct BUT it doesn't mean it won't function as a premine for all intents and purposes with the public (and possibly the courts). Eth has a lot of trust issues.

>> No.16645245

>>16645125
If he didn't i wouldn't have bought, it's neccessary for the network to function right

>> No.16645550
File: 103 KB, 278x278, 1576876921417.png [View same] [iqdb] [saucenao] [google]
16645550

>>16645225
>Eth has a lot of trust issues.

>> No.16645822

>>16645245
>it's neccessary for the network to function right
right, yes, now buy more please, we need it to work

>> No.16645837

>>16644917
>it was just mined by the "sending BTC to vitalik"
Unequivocally based

>> No.16645875

>>16645068
I did that once. Mass effect Andromeda. It was the last time I pre-ordered anything.

The shittiest part about it was that they had a one hour demo with this intro mission that I played through and it was good. Then once you got out of the mission and into the real game the faggotry started

>> No.16645891

>>16644917
this

btc has bigger premine than eth rn

btc gave out like 15mil btcs so far

>> No.16645950

>>16645891
I hate BTC as much as the next anon but it has no premine and satoshi did release the software to the public immediately. That said, BTC is an antiqued slow shitcoin.

>> No.16645990

>>16645950
stating not getting eth at $0.3 ico is same as not being able to mine btc at 50 btc/block

btc has already premined 15mil btcs to date which can never be mined again, sounds like a premine unless you've invented timetravel?

>> No.16646032

>>16644917
All of these eth FUD threads make me want to market buy with all my money. I'll continue to DCA.

>> No.16646153

>>16644917
Yes Chang, believe it or not, it's actually a good thing to not have mined coins sometimes. Some of us don't enjoy you using your countries low power costs to dump bags on our heads.

Daily reminder, PoW favors chinks and all whites should oppose it.

>> No.16646174
File: 2.86 MB, 960x540, Pokésplosion.webm [View same] [iqdb] [saucenao] [google]
16646174

>>16645990
>btc has already premined 15mil btcs to date which can never be mined again, sounds like a premine unless you've invented timetravel?

>>16645950 he got you there lol

>> No.16646441
File: 16 KB, 1280x400, PeggingETHeads.png [View same] [iqdb] [saucenao] [google]
16646441

>>16646153
> he would rather buy premined insider bags

anon...good honest fairly distributed projects still exist pic related

>> No.16646840

>>16644917
What a fucking autist, he's not wrong though