Here is something that's been bothering me since the 12 million premine was announced, and I don't seem to find a definitive answer to this:
7.2 million coins (60% of the premine) are distributed to Hashpoint customers. That leaves 4.8 million to "investors". But the Prime controllers need to be funded with at least 50% of all coins in existence, i.e. ~6.17 million. 6.17 - 4.8 = 1.37 million - where are those remaining coins coming from? Is GAW borrowing from customers to fund their Prime Controllers? How were they able to do that even before the customers started putting coins into HashStakers? The only feasible alternative is that GAW bought 1.37 million coins on an exchange, but I don't see anywhere near that kind of volume having been transacted before noon yesterday (when the hardcoded Prime wallets were deployed). And it looks like Prime wallets were funded directly from premine anyway, not from an exchange. Any ideas?
LOL dont you know it is not nice to ask this kinds of questions why hell if you was in ht you would be exiled by now to the realm of digital nothing. Just keep quiet and keep buying
The problem is, I'd like to buy 125k coins, run a Prime Controller, and dip my hand into the magic money jar, but nobody can tell me how to do that
