Yeahhhhh welcome great Wizards of Internet . You should check out the reddit too soon to be designed with magic sprinkles http://www.reddit.com/r/MagicInternetMoney .
Topic: ♦ [ ANN ][ MIM ] ♦ Magic Internet Money ♦ MERGE MINE WITH FRK NOW! ♦ - page 36. (Read 63032 times)
February 16, 2014, 06:05:46 PM
Yeahhhhh welcome great Wizards of Internet . You should check out the reddit too soon to be designed with magic sprinkles http://www.reddit.com/r/MagicInternetMoney .
February 16, 2014, 04:55:49 PM
February 16, 2014, 02:11:04 PM
The 5 million MIM faucet seems to be empty already, will you fill it up again?
Hell NO ! the Community is responsible for this !
Huh? As far as I know the actual plan is to distribute lots of MIM in order to raise awareness and there should be much more the devs want to push out. Please make sure to protect the faucet by email verification though.
edit:
Looks like someone greedy used a bot to drain the faucet so if you want free mim you have to come to http://webchat.freenode.net/?channels=mimcoin until we add email verification.
February 16, 2014, 02:09:14 PM
The 5 million MIM faucet seems to be empty already, will you fill it up again?
Hell NO ! the Community is responsible for this !
Looks like someone greedy used a bot to drain the faucet so if you want free mim you have to come to
http://webchat.freenode.net/?channels=mimcoin
until we add email verification.
February 16, 2014, 01:38:25 PM
The 5 million MIM faucet seems to be empty already, will you fill it up again?
February 16, 2014, 01:36:06 PM
February 16, 2014, 12:00:36 PM
February 16, 2014, 10:54:30 AM
Selling 8.000.000 Mim coins.
Pm me with your offer.
Pm me with your offer.
February 16, 2014, 09:43:58 AM
February 16, 2014, 09:42:16 AM
LgwNqrvuHB2MW8hBZy9gtYs6p4mnojQXiC
Thank you !
Thank you !
February 16, 2014, 07:45:40 AM
*Developers
The blockreward for the first month is 40k.
$blocksPerMonth = 86400;
$blockReward = 40000;
$blocksPerMonth * $blocksReward = 3456000000
So the premine is equliviliant to About 1 weeks worth of mining.
The blockreward for the first month is 40k.
$blocksPerMonth = 86400;
$blockReward = 40000;
$blocksPerMonth * $blocksReward = 3456000000
So the premine is equliviliant to About 1 weeks worth of mining.
February 16, 2014, 01:23:06 AM
I find it funny that the bitcoin ads on reddit say "Magic Internet Money"
February 16, 2014, 12:45:23 AM
Shit i was reading 90 billion again XD
first year 14,824,000,000 + (10,512,000,000 * 7 years) = 88,408,000,000
Don't I feel dumb. I'll remove that last post.
Though I still don't think its right to take a premine of coins that will never be mined (let's face it, bitcoin/dogecoin/MIM will be replaced by something better within 50 years, let alone 100).
first year 14,824,000,000 + (10,512,000,000 * 7 years) = 88,408,000,000
Don't I feel dumb. I'll remove that last post.
Though I still don't think its right to take a premine of coins that will never be mined (let's face it, bitcoin/dogecoin/MIM will be replaced by something better within 50 years, let alone 100).
February 16, 2014, 12:39:43 AM
I'm curious how you determined what a pre-mine of 0.1% is with a coin that has an eventual unlimited supply. Could we get what the premine was in terms of coins?
Sorry its 0.1% of 1 trillion im sorry. Which will take roughly 100 years to create.
Isn't it kind of sneaky to take a premine for coins that wont exist for 100 years or may never exist at all?
If they took a premine of all the coins that would exist in 100 years that would be roughly 1,004,000,000 (0.1%).
So they took a premine of coins that wont even be mined until long after were dead? Are you fucking kidding me?
To put it in perspective:
The developer holds more coins now than everyone in the world will mine collectively for over 8.5 years.
Who is dumb enough to support this coin?
Your math is just wrong. In the first year there will be 14,824,000,000 coins mined. Nearly 150 million have already been mined, plus the devs are releasing plenty through giveaways, faucets, and bounties.
February 16, 2014, 12:33:51 AM
Removed due to misinformation.
February 16, 2014, 12:24:23 AM
Block 1 gives a 0.1% Premine.
Premine of 90 Billion coins?
Premine of 90 Billion coins?
according to OP:
Distribution
1st Year 14,824,000,000
From then on 10,512,000,000/yr (still not as bad as the federal reserve)
1st Year 14,824,000,000
From then on 10,512,000,000/yr (still not as bad as the federal reserve)
Premine should be 14,824,000 shouldn't it?
Can anyone confirm a 90 bill premine?
It's 0.1% of the total 1 trillion coins, which equates to a one billion coin pre-mine.
Not sure where he got 90 billion from.
Where do you see the maxcoins though? The OP made no mention of 1 trillion.
It's listed here under CoinCap https://github.com/magicinternetmoney/mim
Edit: It was also mentioned by the dev in post #29
I'm curious how you determined what a pre-mine of 0.1% is with a coin that has an eventual unlimited supply. Could we get what the premine was in terms of coins?
Sorry its 0.1% of 1 trillion im sorry. Which will take roughly 100 years to create.
February 16, 2014, 12:15:55 AM
Block 1 gives a 0.1% Premine.
Premine of 90 Billion coins?
Premine of 90 Billion coins?
according to OP:
Distribution
1st Year 14,824,000,000
From then on 10,512,000,000/yr (still not as bad as the federal reserve)
1st Year 14,824,000,000
From then on 10,512,000,000/yr (still not as bad as the federal reserve)
Premine should be 14,824,000 shouldn't it?
Can anyone confirm a 90 bill premine?
It's 0.1% of the total 1 trillion coins, which equates to a one billion coin pre-mine.
Not sure where he got 90 billion from.
Where do you see the maxcoins though? The OP made no mention of 1 trillion.
February 16, 2014, 12:06:15 AM
Block 1 gives a 0.1% Premine.
Premine of 90 Billion coins?
Premine of 90 Billion coins?
according to OP:
Distribution
1st Year 14,824,000,000
From then on 10,512,000,000/yr (still not as bad as the federal reserve)
1st Year 14,824,000,000
From then on 10,512,000,000/yr (still not as bad as the federal reserve)
Premine should be 14,824,000 shouldn't it?
Can anyone confirm a 90 bill premine?
It's 0.1% of the total 1 trillion coins, which equates to a one billion coin pre-mine.
February 16, 2014, 12:01:23 AM
Block 1 gives a 0.1% Premine.
Premine of 90 Billion coins?
Premine of 90 Billion coins?
according to OP:
Distribution
1st Year 14,824,000,000
From then on 10,512,000,000/yr (still not as bad as the federal reserve)
1st Year 14,824,000,000
From then on 10,512,000,000/yr (still not as bad as the federal reserve)
Premine should be 14,824,000 shouldn't it?
Can anyone confirm a 90 bill premine?
February 15, 2014, 11:57:55 PM
Block 1 gives a 0.1% Premine.
Premine of 90 Billion coins?
Premine of 90 Billion coins?
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