http://coinia.net/bluecoin/blockexplorer.php?q=Bi17wnApL9LNUywpKYU7bsELzysRTfNKc255 million coins out of 1 billion doesn't seem like 3% to me
also the price has been driven down by the fact that out of circa 80 million coins available, you had 55 million and apart from a few million in bounties you probably just sold the rest and that caused the price to plummet down. so in a way you're sort of mocking us and our time and money with these 3 word explanations.
please if anyone with more experience could step in and check what's what i'd appreciate it. I'd hate to be fudding while i'm bagholding but really... from 600 to 20 satoshi it's sufficient to start raging about.
Where do you get 55 Billion from?
There was 30 million pre-mined (this was disclosed). Out of that 25 million is being distributed.
I looked at the link you posted, and I think you're adding the coins wrong.
30 Million were pre mined (clearly shown in the block chain) and 25 million have touched my hands, 14/25 million are still in cold storage waiting to be distributed..
If anyone dumped the price it was the pools and or exchangers that received bounties from us, or the miners themselves? We saw the difficulty go up to 200, it would not surprise me if the majority of the dump came from miners as most of the giveaway coins are still locked down........