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Topic: [ANN] eMunie (EMU) - NOT a BitCoin fork/clone - call for beta testers - page 6. (Read 78405 times)

member
Activity: 62
Merit: 10
I try to find better words to describe EMU:

BULLSHITTY COIN

NO FUTURE-COIN

REST IN PEACE-COIN

or simply

THROW YOUR MONEY AWAY-COIN

newbie
Activity: 42
Merit: 0
After all this shit happened in the past I came to the following conclusion:

SCAM!
newbie
Activity: 5
Merit: 0
All talk about scam is FUD bullshit.

You can meet the eMunie team at the Inside Bitcoin conference in New York next week:

http://www.mediabistro.com/insidebitcoins/new-york/

newbie
Activity: 5
Merit: 0
Quote
2.  Voting to create new EMUs.  This talks about voting on a random node.  How is this randomness enforced?  Clearly it can't be implemented by use of a RND function in the client - or people could change the code, create lots of semi-clients (i.e. lightweight ones with nothing much other than voting mechanism) and vote yes to a seed node they run themselves.

There is no voting to create emu. New emu is created based on demand. When demand increases, the supply of emu will increase. Read about it here:
https://forum.emunie.com/threads/emunie-currency-stability-supply.1092/
newbie
Activity: 21
Merit: 0
I'll sign up for the beta test - nice to see some originality for once.

I do, however, see a few issues with the proposal.  Some (hopefully all) are probably addressed.

1.  Transactions.  If the network grows to any decent size then there will frequently be multiple transactions created at the same time.  This poses a massive problem as:
a) If transactions don't have to be ordered in the ledger then it allows the back-insertion of double-spends (i.e. spend something legitimately then, using 2 of your own hatching nodes, spend it again later but with an earlier time-stamp).
b) If transactions have to be ordered - i.e. once one is accepted any others must be after it - then that is surely going to lead to lots of orphaned transactions and ones which have to be reprocessed to get back in sequence.  That would then allow anyone to grind the network to a halt by broadcasting a fairly modest quantity of transactions.

2.  Voting to create new EMUs.  This talks about voting on a random node.  How is this randomness enforced?  Clearly it can't be implemented by use of a RND function in the client - or people could change the code, create lots of semi-clients (i.e. lightweight ones with nothing much other than voting mechanism) and vote yes to a seed node they run themselves.
newbie
Activity: 42
Merit: 0
looking forward to eMu.
I'm also waiting for the emu.
But it always delay .....


If you read more info on btt, I can find the eMu is a trap coin developed by a experienced scammer.
For the safety of your money, keep away from it.

Hello.

Do not believe on everything written on this forum
I suggest you to verify by yourself if this is scam or not.

Beta software available for testing:
http://beta.emunie.com/

For all FAQ and other issues you may have you can visit or join the official forum:
http://forum.emunie.com/

Good luck.



You are right. Never beleive what you have seen without doubt.
I read a lot of info both from here and emunie forum.
And I also registered for the round 1 IPO.
However, I changed my idea as I got more negative info on it.
The dev, who is the only one owning the code, never standed up to confirm his past scammer's life.
And even a lot of senior eMu members left.
I wouldn't like to risk it.
newbie
Activity: 28
Merit: 0
The money from the IPO will act as a buffer to buy EMU.
hero member
Activity: 1110
Merit: 534
looking forward to eMu.
I'm also waiting for the emu.
But it always delay .....


If you read more info on btt, I can find the eMu is a trap coin developed by a experienced scammer.
For the safety of your money, keep away from it.

Hello.

Do not believe on everything written on this forum
I suggest you to verify by yourself if this is scam or not.

Beta software available for testing:
http://beta.emunie.com/

For all FAQ and other issues you may have you can visit or join the official forum:
http://forum.emunie.com/

Good luck.

newbie
Activity: 42
Merit: 0
looking forward to eMu.
I'm also waiting for the emu.
But it always delay .....


If you read more info on btt, I can find the eMu is a trap coin developed by a experienced scammer.
For the safety of your money, keep away from it.
member
Activity: 117
Merit: 10
Is the 02.04 still the date of the dates?
member
Activity: 65
Merit: 10
looking forward to eMu.
I'm also waiting for the emu.
But it always delay .....
newbie
Activity: 25
Merit: 0
looking forward to eMu.
member
Activity: 92
Merit: 10
legendary
Activity: 2142
Merit: 1010
Newbie
Only two accounts from eMunie on BTT... this one, and Fuserleer(Dan)

Thanks and please don't get caught up in sending anything to this person.

R both the accounts controlled by the same person?

No,
Visin is the Web developer and Fuserleer is the eMunie founder, you can check the accounts here:

Visin          http://forum.emunie.com/index.php?/user/2-visin/

Fuserleer    http://forum.emunie.com/index.php?/user/3-fuserleer/

I mean Fuserleer and DanFurseler.
jr. member
Activity: 55
Merit: 1
Only two accounts from eMunie on BTT... this one, and Fuserleer(Dan)

Thanks and please don't get caught up in sending anything to this person.

R both the accounts controlled by the same person?

No,
Visin is the Web developer and Fuserleer is the eMunie founder, you can check the accounts here:

Visin          http://forum.emunie.com/index.php?/user/2-visin/

Fuserleer    http://forum.emunie.com/index.php?/user/3-fuserleer/
legendary
Activity: 2142
Merit: 1010
Newbie
Only two accounts from eMunie on BTT... this one, and Fuserleer(Dan)

Thanks and please don't get caught up in sending anything to this person.

R both the accounts controlled by the same person?
legendary
Activity: 1400
Merit: 1000
the very beginning eMunie has been regarded with skeptism for it's introduction as a No Mining Cryptocurrency where eMunie's are gained through hatching and interest, just like how banks operate, more eMunie are made depending on the demand for eMuniem which in turn is also modelled after the Federal Reserve Supply and Demand Policy which is used to distribute currency into the economy. That skeptism is what in turn led me to cancel the IPO previously, as I was convinced that I had an obligation to personally take into account the thoughts of everyone concerned in eMunie. However, after being given advise from many a trusted member of this forums and of my team, I realize now that not everyone can be please, not everyone will accept what you offer them, whether it be out of true skepticity or just plain spite and with that I'm happy to say that the Official eMunie IPO has begun on 2/25/2014.

The Open Beta is currently in "version 2", where all the bugs and glitches from "version 1" have been fixed and improved upon. All Bitcoins and Litecoins reciecved from the IPO will be used to fund future eMunie projects as our team continue to work on new ways to enhance eMunie, not just as a electronic money unit, but as a revolutionary idealogy, where currency isn't controlled by any one or number of individuals, but by the community as a whole.

Each bitcoin recieved will be regarded as 6,000 eMunie, .5 Bitcoin as 3,000 eMunie etc. So after the IPO Pre-sale ends, which will be in two weeks from this date, March 9th 2014, everyone that contributed to the IPO will recieve their eMunie on that date, March 9th 2014. There is a limit on the amount of eMunie that can be purchased however, to make sure that currency distribution is as fair as possible, each individual has a limit of 100,000 eMunie that can be purchased during the IPO or a maximum of 16 Bitcoins sent per person.

-The price for each Bitcoin recived was generated from the Bitcoin price on the three most popular exchanges at the moment, though we rounded up since we were informed that Mt.Gox went offline, sending down the price of Bitcoin overall.

-Any members who have already sent in Bitcoins or Litecoin as a donation to eMunie, will also be counted in the IPO, as will the price of the Bitcoin during the time period that they sent it, ex: Richard Gray sent 3 Bitcoin on December 5th, the price of one Bitcoin at the time was $900, so each of Richard Gray's Bitcoin will count as 9,000 eMunie that he will recieve during the Official release of eMunie-

When sending, please include your eMunie username, or your Main email(email address that is used the most), or post it on this thread so we can keep effiently keep track of each Bitcoin recieved from each individual to delivier the corresponding eMunie on March 9th.

eMunie IPO Bitcoin Address: 13YEAb3W187qCWKYB3rYUjsznG3Z4Wiofs


If you have further questions, please feel free to contact me. eMunie will succeed, Neither me nor my team will until so.

Kind Regards,

Dan Furseler

Do you accept Gox coin  Sad
sr. member
Activity: 436
Merit: 250
CryptoTalk.Org - Get Paid for every Post!
Only two accounts from eMunie on BTT... this one, and Fuserleer(Dan)

Thanks and please don't get caught up in sending anything to this person.
hero member
Activity: 596
Merit: 500
Above post is a scam, it's not the real Fuserleer posting. Ignore him.
newbie
Activity: 5
Merit: 0
Can someone explain to me why is it a good idea to invest in the upcoming eMunie IPO?

Since this currency is anti-hoarding, why would I want to own it and invest in this IPO?

eMunie is very different from other crypto-currencies. It has a special inflation system. The quantity of coins is growing with demand in a way that the price per unit cannot increase. The quantity of coin is infinite and expending fast.

Basically you cannot make a profit from the value of coins but... if you have coins you will be rewarded with interest so your loss is supposed to be balanced with it.

So the question is, why would you invest in the IPO ?

Honestly, I love eMunie concept but I don't see any reasons to invest in the IPO.

eMunie is designed to be a medium of exchange, not a store value nor an investment.


And what happens if there is declining demand? the growth is less? so in other words, you can't earn money, but it can only loose value? (if demand is declining too fast) What am i missing here?

From my understanding of the protocol, if demand went down, the "inflation" / generation of eMu would come to a halt... while this still means it's relativisticly de-valued against another currency, say; BTC, or USD, it doesn't mean it will lose it's entire value.

I have to admit, the biggest issue i have eMunie is it's lack of static unit count. I prefer deflationary currencies. That said, eMu can be great for purchases and replace existing fiats (USD, EURO, etc..., minus centralized control) and Bitcoin / Litecoin can remain the long-term value holding units (like gold & silver respectively).

eMunies niche is true privacy / security IMO, which makes for a great payment mechanism.
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