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up the client the minute it launched, it starts me off on Block 2000. Seriously? Opened 2000*666,666=1,333,332,000 premined coins. Oh well. That’s 5 FACTS ABOUT COINYE A B i t c o i n - c l o n e u p t o n o g o o d h i j a c k s t h e K a n y e n a m e , m u c h t o W e s t ’ s c h a g r i n . T h e l a w y e r s s a y s c e a s e a n d d e s i s t , b u t n o t h i n g h a p p e n s ( b a s i c a l l y ) H e r e ’ s 5 F a s t F a c t s Y o u N e e d t o K n o w . b y P r i n c e l y M a c n i c e 3. Coinye Was Pre-Mined Meaning That The Crypto-Community Hates It (But People Still May Buy It) The Coinye Coin subreddit is ridden with posts angry at the way Coinye has been handled. This means that Coinye coin MAY be dead in the water. It definitely bodes poorly that the developer is trying to “give back” at this point. For a bit of layman’s explanation into what pre-mining is, imagine that creating a cryptocurrency is like making a digital gold mine. Basically, if the mining is fair, information about when, how, and where to mine is freely distributed and everyone can start mining at the very first section of the mine, known as the first “block,” essentially a section for mining. A pre-mined coin means that information about how and when mining was to happen was suppressed or deceiving so that once the mining community is aware of a coin, miners are not starting on the first block, but rather a much later block, meaning that the coin was unfairly mined. So, how late was the initial block that the mining community was given access to Coinye? According to one thread, VERY LATE: Recall that there are only to be 133 billion Coinye EVER, so that means ~1% of the total was unfairly mined, according to this user. This means that people are pissed off and will be less inclined to mine the coin and give it attention and praise, at least within the cryptocommunity. Still, it does appear that this is false or at least overstated. The maker claims that only .37% of the coins were pre-mined. WIN
5 FACTS ABOUT COINYE A B i t c o i n - c l o n e u p t o n o g o o d h i j a c k s t h e K a n y e n a m e , m u c h t o W e s t ’ s c h a g r i n . T h e l a w y e r s s a y s c e a s e a n d d e s i s t , b u t n o t h i n g h a p p e n s ( b a s i c a l l y ) H e r e ’ s 5 F a s t F a c t s Y o u N e e d t o K n o w . b y P r i n c e l y M a c n i c e 4. Coinye Isn’t Publicly Traded or Being Used…Yet 5. Coinye Joins Other Gimmicky Coins Such as DogeCoin and Sexcoin Boding poorly even more son on Coinye, someone apparently registered Coinyeshop.com, and after finding out about Coinye’s shady practices decided to switch back to mining Dogecoin, undermining the coin even further. It appears that at present, one can’t do anything with Coinye, but it is probable that if the coin becomes publicly traded, some suckers will invest in it and Coinye miners will be able to cash out profitably. NWhile the list of Cryptocurrencies continues to get bigger and bigger every day, Coinye is hardly the first gimmick-based coin, it’s just the first to incur the wrath of a celebrity. Time will tell if this coin is even as successful as Dogecoin, which I highly doubt.
Page 1 and 2: THECITIZENS CONSULTANT venture a mo
Page 3: Detail: Technical Scrypt Algorithm:
Page 7 and 8: A PART OF COINYE BECOME MASSES WIN
Page 9 and 10: NIGER DELTA STAKEHOLDERS PRESENT 16
Page 11 and 12: 16 POINT DEMAND B y T h e c i t i z
Page 13 and 14: Former President Olusegun Obasanjo

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