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Topic: [ANN] ANIME - 20% Annual ROI - Proof of Holdings - ANIMEyen - アニメ円 - page 13. (Read 33139 times)

legendary
Activity: 1572
Merit: 1002
If you create a new blokcheyn, the majority of users which supported the currency simply turn away from it.
I do not see any reason to kill that we supported all these years.
Price is formed primarily from the confidence in the currency.
No one will re-invest the money in the currency if its creator will burn them.
Do not forget that a very large number of people have prejudices against anime culture.
My opinion: if you want to start all over again - create a new different currency.
member
Activity: 81
Merit: 1002
It was only the wind.
full member
Activity: 246
Merit: 100
again why did the OP highlight one thing in big bold letters? because no premine is one of the few things this coin has going for it.

Hi my friend! : )

Yes, I highlighted the NO PREMINE part, but I did that to see what the new people thought of it, and you're right, that's one the few and best features ANI has had until now, however it hasn't been enough to make Animecoin take off in two years.  

if a coin has value plenty will work for it for free.

Yes you're right, but before a coin becomes valuable almost no one is willing to.


likely if you have to pay a programmer 1) the selling of said coins automatic downward spiral on price 2) such programmers are unlikely to stay if the going gets tough.

Tell that to the people working for ripple, that coin was pre-mined as crazy, a lot of people ranted and raved against it, however the years have past and it's still going strong. Also if you lose a programmer you can always hire a new one.

you do realise also reviving with premine will get it delisted from its current exchange.

That doesn't matter it can be fixed by talking to the people in the exchange, and if they don't want to, there are always more exchanges out there.
 
and again settle on acting like i'm the enemy, when i'd like to see the coin succeed. i just don't think you guys have thought out your plans that well.

In fact we have thought it out well



Choices have been made, as you say. Anime has No Premine as a founding principle, to change that is to end the project.


I quoted Albert Einstein in the OP who said this: "We can't solve problems by using the same kind of thinking we used when we created them"

What Einstein said is easy to understand. We cannot hope to make this project a success, using the same method we have been utilizing for years, it just won't work! We have to do the opposite of that.

Plenty of coins do fine with premines, but the administrators of those funds have to be trusted by all subsequent investors/participants in perpetuity.  No premine is hard and slow to grow, but if it does, the foundations are better.

All small alts are dead as a default nowadays, the only ones that have are chance are the ones that can be trusted.


My friend who can be trusted nowadays, when you see that husband and wife kill each other, siblings kill each other, the system is rotten to the core, this is more about taking a leap of faith or become an old man filled with regret like Saito from Inception said.



One of my goals here is reaching 2000 satoshis or more


With almost 2 billions of coins

If I wanted for Animecoin to keep the 2000 satoshi number for days I would need to have 17 million dollars or almost 42000 bitcoins, just to be able to withstand all the distribution of Animecoin raining down on me, that's just insane!  

If we premined ANI, it would be like a breath of fresh air for the Animecoin brand, with 100 percent premine we could put the Animecoin at 2000 satoshis or higher and no one would be dumping coins on us killing the price of ANI, and 17 million dollars saved.

And the miners that will be working through the multipool will help us a lot by doing their job, because the pool would be buying our coins and sending them to the miners, and if the miners wanted to sell their coins we wouldn't lose anything because we would be putting the price to sell the coins high and the price to buy the coins decently lower than the other new, but with good buy pressure.

I talked a few times on the OP that I was constantly developing myself, and I always wanted to do something amazing to shape this world even if it's a niche thing, and I think lifting Animecoin up from the ground so that it can reach the hands millions is that thing that I want to do.

And please instead fighting against me; join me, I want to share my vision with you guys!  

  
legendary
Activity: 2534
Merit: 1129

 
You ever get to the store and pay for your food only to get to the parking lot and have the cashier come running out screaming excuse me sir we have decided that you need to pay a little more because my supervisor works really hard and he deserves more money? Don't think so. As I said. Choices have already been made and here we are. The question is, is this coin going to suck it up and move forward or should we all just burn our coins right now before it becomes another DEAD Anime Coin?


Choices have been made, as you say. Anime has No Premine as a founding principle, to change that is to end the project. Plenty of coins do fine with premines, but the administrators of those funds have to be trusted by all subsequent investors/participants in perpetuity.  No premine is hard and slow to grow, but if it does, the foundations are better.

All small alts are dead as a default nowadays, the only ones that have are chance are the ones that can be trusted.
member
Activity: 81
Merit: 1002
It was only the wind.
legendary
Activity: 2534
Merit: 1129
again why did the OP highlight one thing in big bold letters? because no premine is one of the few things this coin has going for it.

if a coin has value plenty will work for it for free. likely if you have to pay a programmer 1) the selling of said coins automatic downward spiral on price 2) such programmers are unlikely to stay if the going gets tough.

you do realise also reviving with premine will get it delisted from its current exchange.

and again settle on acting like i'm the enemy, when i'd like to see the coin succeed. i just don't think you guys have thought out your plans that well.

Yes...let me put it another way :

 Non-premine is a good concept, but premine has a purpose, which is speeding a process of development. There are examples of each type doing well.

As you rightly point out, the existence of dedicated funds (in a premine) is no guarantee they will be used for the right purpose.

Anime is one of those that has chosen, at the outset, to be fairly distributed, even though it means development will be slow (because there are not dedicated funds for it)
The whole point of a Cryptocurrency is that the principles at the inception are adhered-to thoughout. Any forks etc just for the furtherance of the original aims.


A few of those who argue for a premine are altruistic (rightly so), but the vast majority just want the profits of seigniorage for themseves (those are actually 'the elite few', not the holders who bought/mined early.)
legendary
Activity: 1876
Merit: 1000
again why did the OP highlight one thing in big bold letters? because no premine is one of the few things this coin has going for it.

if a coin has value plenty will work for it for free. likely if you have to pay a programmer 1) the selling of said coins automatic downward spiral on price 2) such programmers are unlikely to stay if the going gets tough.

you do realise also reviving with premine will get it delisted from its current exchange.

and again settle on acting like i'm the enemy, when i'd like to see the coin succeed. i just don't think you guys have thought out your plans that well.
hero member
Activity: 994
Merit: 500
legendary
Activity: 1876
Merit: 1000
legendary
Activity: 1876
Merit: 1000
legendary
Activity: 1876
Merit: 1000
legendary
Activity: 1316
Merit: 1000


Animecoin has been added to our new exchange:

https://www.coinexchange.io/market/ANI/BTC

0.15% trade fee each way.
From the team that brings you CoinWallet.co
hero member
Activity: 994
Merit: 500
Well me and my room mates but a couple of millions of this coin last week. As long as we aren't hung out to dry, I say do whatever you need to get this on the right track.
There is ZERO reason that this coin shouldn't be huge. You have an inbuilt market and Anime folks love to buy anything new and interesting.

Right there with you. Anime is a HUGE market. Would like to see this hit an actual good exchange.
hero member
Activity: 672
Merit: 500
Well me and my room mates but a couple of millions of this coin last week. As long as we aren't hung out to dry, I say do whatever you need to get this on the right track.
There is ZERO reason that this coin shouldn't be huge. You have an inbuilt market and Anime folks love to buy anything new and interesting.
hero member
Activity: 994
Merit: 500
hero member
Activity: 756
Merit: 500
I'm not sure if I'm in the right place to answer this mate, but if you are planning for the best and for the stability of this coin it might work but just like you've said to those who are holding more of this coin will be a hard time to decide but if they will look to your intention maybe if they are really a supporter for this coin to exist they will agree and support the dev.
full member
Activity: 246
Merit: 100
Oooh <3 Much kudos for reviving this coin. I used to solomine it for almost a month a year ago, with interesting profits.
Too bad most of the coin distribution has already happened, and as such, it's in the hands of an elite few. Maybe a total refresh could help mitigate this?

And by this, I mean a totally new crypto, with the same name and community, but from block 0 again, and freshened up to today's standards.
Blockchain loading is horribly slow, which was is expected with a quark based algo. Anime-quark is far from CPU-only, I can mine it easily on my cudaminers.
Maybe adding PoS too would be a good idea. A much longer and more stable PoW period would also be advisable to keep the coin alive.

I understand some people would feel cheated on if they have a large supply of AnimeCoin, but you could import the old priv keys into the new network and reward everyone who had an active address (like they did with CLAMs).
Or a 1-on-1 exchange, funded with a premine. The total supply should be a lot higher then though.

I thought of something similar to what you're saying, but I didn't say anything about this because I didn't want create division among the Animecoin community however I think that is the right time to talk about this matter.

The no premine philosophy is a good thing for the short term because to the eyes of the public it means that the people behind a coin are working with good faith, however for the long term the no premine coins have proven to be ineffective (most of them are dead) because the people working on those coins are not gaining anything at all, and in this world everyone has bills to pay.

Animecoin has around 2 billion coins, and to go from 1 to 2000 satoshis with that amount of coins without resources would be like passing through hell to accomplish it, but if we're controlling the coins we can place Animecoin at 2000 or more easily. We having 2 billion or more and selling them at 2000+ will rank us as one of the top 25 coins at coinmarketcap (out of almost 1000 coins out there), that will bring more attention towards us, and it will make Animecoin way more easier to advertise to the public.




How much do we need to premine?
I'd say 100%

What's the purpose of all this

Have funds to develop Animecoin

Have funds to pay a salary to the development team members

Have funds to advertise Animecoin

Have funds to make partnerships with websites that support Anime

Have funds to make partnerships with online stores so they can accept Animecoin

Have funds to hire artists from deviant and other places

Have funds to hire android and IOS developers

Have funds to make deals with game developers to integrate Animecoin in their games

And have funds to create and do much more.

The people who have a massive amount of coins might not like this, but I kind of have a work around for this, when I first saw Animecoin at cryptorush back in 2014, I saw it with the price ranging from 4 to 10 satoshis, let's say that we pick a number between these two, that can be the amount that we will be paying you for your coins in bitcoin, not right now but after we are able to accumulate a decent amount of BTC, we will pay in installments. (This is only for the people who are not part of the development because the people in the team will have a salary).

People will be able to mine ANI through a multipool.

If we get to do this, we'll pick the greenest and most secure algorithm, we'll pick the best algorithm for our coin there is out there.


Please leave your thoughts on this matter!





Enlarged version
http://i.imgur.com/rGgBBYX.png
hero member
Activity: 994
Merit: 500

Not sure if this happens with all wallets (this is first wallet I have had it happen to, of course i dont solo mine often). My inet connection took a 15-20 crap sometime during the night & the wallet continued to keep mining except that apparently the wallet once temp disconnected does NOT reconnect to the nodes. (Woke up with 900+ invalid coins due to the fact the client continues to mine in an offline state)


AnimeCoin:
AJEPLY5dEWF1pCMfJojkAmApSK48oYm989

I'm by no means an expert on block chains but if someone mined at the same block height as you did offline (and they probably did) I think it means your chain forked from the main chain. You should probably start over with a new wallet and download the blockchain anew.

no need to restart wallet and download blockchain. Was just curious if all wallets will continue to mine while offline and produce invalid coins.
full member
Activity: 128
Merit: 100
INSERT COIN

Not sure if this happens with all wallets (this is first wallet I have had it happen to, of course i dont solo mine often). My inet connection took a 15-20 crap sometime during the night & the wallet continued to keep mining except that apparently the wallet once temp disconnected does NOT reconnect to the nodes. (Woke up with 900+ invalid coins due to the fact the client continues to mine in an offline state)


AnimeCoin:
AJEPLY5dEWF1pCMfJojkAmApSK48oYm989

I'm by no means an expert on block chains but if someone mined at the same block height as you did offline (and they probably did) I think it means your chain forked from the main chain. You should probably start over with a new wallet and download the blockchain anew.
hero member
Activity: 994
Merit: 500

Not sure if this happens with all wallets (this is first wallet I have had it happen to, of course i dont solo mine often). My inet connection took a 15-20 crap sometime during the night & the wallet continued to keep mining except that apparently the wallet once temp disconnected does NOT reconnect to the nodes. (Woke up with 900+ invalid coins due to the fact the client continues to mine in an offline state)


AnimeCoin:
AJEPLY5dEWF1pCMfJojkAmApSK48oYm989
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