Topic: [ANN] microCoin MRC - alcurEX - Scrypt-Jane - nFactor - page 85. (Read 374705 times)

Agreed with halibit, the only coin worth holding and yes - its system currently not for sell right now, its long term coin, fast and easy to use, give it time.

And its price and amout of mined for today both worth attention (check graphs and rates).

I have an idea, to open a website which sells small but cute souvenir, and people can pay by BTC/LTC and MRC. I will set the price somehow so the option using MRC to pay will look clearly better than using BTC/LTC. For example, you will need only 100K MRC but 0.005 BTC (x2 price according to the current exchange rate) to buy this "delicious" USB: http://www.qualuuniem.vn/qua-tang-cong-nghe/547-usb-hinh-kimpap.html.

Logistic and shipping I could handle well since I've had experience with online shop before.

More exchanges, more services, more liquidity => the price will definitely raise up.

Please give your opinions. I really appreciate that.

reached 20million coins now still mining，  

If I mined ~100-200 millions of MRC I would definitely take some steps to push it to exchange markets and introduce it to Chinese miners/investors.
But since I don't have that much, I don't see any point in spending my time and money to promote it.
That's why I only share some ideas.

I think all promotion is good for coin.
If you have plan to do something, I will support you if I can.

Well, there is a good reason for this - the coin hasn't been promoted yet.
The dev team is not insterested - hopefully they are busy with Alcurex. And since everybody here is convinced that devs are not holding a big amount of coins - why would they promote it?

And this brings this issue to us, miners.
Seems like we are on our own with promotion (or we can stop complaining and wait and hope that devs will promote it after Alcurex is launched. If it's launched).

Why don't we all ask the devs to uncover their plans and schedule?
Why don't we ask them to make some press-release on the MRC-related projects?
And I personaly would love to see a beta version of Alcurex.
There are few shareholders among us, please join me by asking devs too.

And while we are waiting for some details, lets not forget to vote at http://www.reddit.com/r/CoinedUp/comments/1xbqp0/please_add_mrc_to_your_exchange/?sort=new.

Thank you.

Godd propaganda on poloniex trollbox made some buys! good!

I mined since the begging and seen when it hit poloniex the price was actually at .00000400-.00000500ltc now it is .00000059ltc... I have to say that im kind of disappointed that the block rewards inflated to 160k but this is still my favorite coin and im sticking by it.

Every approach is good if it makes you more money

I trade other yes, but I don't hold coins over night. I don't trust any other coins so much.

So you have only one altcoin?

Actually micro is only coin I hold. Even my BTC I put safe in USD.

Edit: Of course micro is risky business like all coins, but is there any other coins, offer change to be great backholder, after two months?

I dont even see any reason why we should change reward.
I buy and mining now. Reward is good and price is low. Look marketcap.
If some one don't trust micro, then it's better to sell... I will buy it

That's a terrible idea.  What faith do people have in the coin if the entire premise behind the block reward is suddenly abandoned?  I agree the reward structure is flawed, but that's one of the fundamental things you should not change about a coin once it's in place.

+1

If it ends at 0:00 (GMT +0), then it end on 9 March & not 10 March as originally stated.

I agree

I see no reason to change the reward ramp.  Mining reward and Exchange valuation are not linked, that is the most common repeated misunderstanding from coin to coin to coin...'value will go up as reward decrease'.  Now go look at exchange records from the last year...this does not hold true.  Investors do not care about the mining.

microCoins reward structure has been great.  Instead of a handful getting the most reward at the beginning, those at the beginning got the easy fruit but not the most fruit.  Then as reward increased that attracted more miners, but the increased reward compensated for the increased hash as my personal rewards stayed pretty constant maybe 2/3.  Now rewards are dropping and some miners are leaving...guess what, my mining amount has actually gone up again.

IMO the block reward ramp up ramp down structure of MRC is one of the most perfect I have seen.  Very consistent rewards for a rapid mining phase type coin (ie not exponentially decreasing strongly favouring the earliest miners only)...quite fair to old and new miners.

Dumpers dump regardless what the mining reward structure is, happens to any coin that is in the upper percentile of mining profitability.  Also no point exaggerating...from the peak value of 8sat to the low yesterday of 1sat, that is an 8x drop not 100x.  More realistically it is a 3x drop as the average price has been around 3sat/150lat.

Just for once forget about the low price at the moment and look at the good fundamentals of the coin.

-no instant mine
-no premine
-Scrypt-jane (ASIC resistant)
-fast transfer speed

Just hold your coins and be patient! the rewards are declining now, won't be long before it's under the 100K block.

I don't think its possible to inta-mine for 3-4 months lol but yah I get what you mean. in that case maybe they should decend the block reward at a faster rate. The early adopters are getting screwed big time on this as they mined when it was 10k/block and whales just raped this coin when it was 100k/block and dumped it making it seem worthless. I think the block reward design was this coins flaw and that's why VTC and UTC gained more traction early on. It's because early miners actually had some loyalty to their coin and didn't have to worry that their coin wasn't going to devalue 100x over.