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Topic: [ANN] Minereum - First Self Mining Smart Contract - page 161. (Read 438103 times)

full member
Activity: 252
Merit: 100
What if I sold?
I guess it's time to go nuts on livecoin to get as much MNE as possible !!
full member
Activity: 145
Merit: 100
now its time go to the markets fast and get some mne, cause price definetly will pump before and during ico :DD
but 60 years its kind a too much i guess for artimine:/
and when you will announce exact date of ico?Smiley

It's the same number of blocks as Minereum apparently, both will take more or less the same time as I udnerstand
sr. member
Activity: 882
Merit: 277
If i had a dollar for every "had i known"
Hi Everyone,

These are the exchange rates we will use for the ICO:



The ICO will run for 30 days, for each day you can see the price of 1000 ART in ETH and MNE.

As an example, in the first day 1 ETH will buy 1000 ART and 10 MNE will buy 1000 ART.

All purchased ART will then be mined for about 60 years as per the current average block time (100000000 ETH blocks), the actual duration will depend on the ethereum block time over time.

Love it. Thanks.
hero member
Activity: 980
Merit: 505
now its time go to the markets fast and get some mne, cause price definetly will pump before and during ico :DD
but 60 years its kind a too much i guess for artimine:/
and when you will announce exact date of ico?Smiley
full member
Activity: 252
Merit: 100
What if I sold?
Hi Everyone,

These are the exchange rates we will use for the ICO:



The ICO will run for 30 days, for each day you can see the price of 1000 ART in ETH and MNE.

As an example, in the first day 1 ETH will buy 1000 ART and 10 MNE will buy 1000 ART.

All purchased ART will then be mined for about 60 years as per the current average block time (100000000 ETH blocks), the actual duration will depend on the ethereum block time over time.

THX!!
Well done, this is really a great offer.
So MNE is worth 30 USD on day 1!
newbie
Activity: 10
Merit: 0
Hi Everyone,

These are the exchange rates we will use for the ICO:

https://i.imgur.com/2acf2cZ.png

The ICO will run for 30 days, for each day you can see the price of 1000 ART in ETH and MNE.

As an example, in the first day 1 ETH will buy 1000 ART and 10 MNE will buy 1000 ART.

All purchased ART will then be mined for about 60 years as per the current average block time (100000000 ETH blocks), the actual duration will depend on the ethereum block time over time.

Do you plan to advertise ART via a marketing campaign, like banners on the major cryptosites and such?
full member
Activity: 455
Merit: 105
Hi Everyone,

These are the exchange rates we will use for the ICO:



The ICO will run for 30 days, for each day you can see the price of 1000 ART in ETH and MNE.

As an example, in the first day 1 ETH will buy 1000 ART and 10 MNE will buy 1000 ART.

All purchased ART will then be mined for about 60 years as per the current average block time (100000000 ETH blocks), the actual duration will depend on the ethereum block time over time.
legendary
Activity: 1918
Merit: 1003
ETA for this upcoming ICO dev will open new thread for this new coin and what is conversion rate. I didn't find the accurate amount in whitepaper it need to get explained in details I think dev is deciding about that?
full member
Activity: 252
Merit: 100
What if I sold?
So essentially, the price of MNE will be determined by the exchange rate of 1 MNE to Artemine.
If 1 ETH = 1000 ART and 10 MNE = 1000 ART (Example) then the price of MNE should technically reach somewhere near 10% of ETH price IF there is a large enough interest in the project.
It would eventually balance itself out, who would invest 1 ETH into ART if you could get the same amount of ART for cheaper by purchasing MNE and converting?

1 eth = 1000 art = 50 mne would be a much more realistic rate.

With eth at around $300, that would bring mne to a very decent $6. Going for a $30 mne would be far too unrealistic
I wouldn't say $30 is unrealistic, it was at $12 with little demand for the coin.

What will happen to MNE after the ICO is finished though? Will dev be working on both projects still, or will MNE be left to rot?

Read Dev's message pls.
MNE will continue to have its dedicated team so don't worry, it will see its development.
ART will have different features and a different purpose but this won't take anything away from the future of MNE itself.

I would like to keep the discussion focussed on the benefits for MNE holders before the ETH ICO. No one should have doubts or FUD the future of MNE but the main focus should be to protect its value and to make sure it benefits from the ICO as well.

So, get the incentive for MNE, more coins to burn, less supply after ICO, lots of upside in exchange rate expected.

Please join me in the lobby to get this achieved by Dev's confirmation. I expect you all agree that this is priority #1

Its up to Dev to proof that he is sincere and reliable and does not jeopardize his future's trust rating





member
Activity: 112
Merit: 10
Mheen this is bad.....confusion everywhere pls i just wanna see mne grow so dat i can benefit from it a little bit
member
Activity: 101
Merit: 10
The most interesting thing of the new whitepaper for me is the last part : "Launching an ICO Factory".
If this feature is well developed, MNE can become famous again.
member
Activity: 123
Merit: 10
So essentially, the price of MNE will be determined by the exchange rate of 1 MNE to Artemine.
If 1 ETH = 1000 ART and 10 MNE = 1000 ART (Example) then the price of MNE should technically reach somewhere near 10% of ETH price IF there is a large enough interest in the project.
It would eventually balance itself out, who would invest 1 ETH into ART if you could get the same amount of ART for cheaper by purchasing MNE and converting?

1 eth = 1000 art = 50 mne would be a much more realistic rate.

With eth at around $300, that would bring mne to a very decent $6. Going for a $30 mne would be far too unrealistic
I wouldn't say $30 is unrealistic, it was at $12 with little demand for the coin.

What will happen to MNE after the ICO is finished though? Will dev be working on both projects still, or will MNE be left to rot?
hero member
Activity: 980
Merit: 505
is there already separate thread for artimine available or not yet? and yeap, want to know how much will be price for 1000 tokens in MNE. hope will be some discount to mne depositors cause this will stimulate price of mne go up, so it will be win-win Smiley
full member
Activity: 135
Merit: 100

Confusion is never good in a volatile market so its a legit concern that must be aired.
Nothing wrong with ICO'ing a new coin that will serve another purpose and does not take anything away from MNE's purpose but there is one thing that must be addressed and will be addressed until there is a solution for it. From the start it was announced as an upgrade for MNE and this fact alone does put MNE in a kind of awkward position, its kind of damaged in terms of reputation and that needs to be fixed. That fact that it lost so much value has something to do with this damaged rep and Dev knows it.

It would be most appropriate to allow MNE holders to get a better deal moving into ART vs. new investors on ETH. This would allow some kind of compensation, will increase the burnrate and would lift the current rate of MNE to a higher level. After this it will be business as usual and MNE can follow its own path which could be a very healthy one considering the roadmap, its own development team and the reduced supply.


This dude told everything we need to know in order to solve the issue.

If the deal is good I would consider to move completely to ART and have all my MNE's burned in the process! If others follow that same path, imagine what would happen with the total supply of MNE!! It will be ATH asap I guess and everybody will be happy :-)
member
Activity: 110
Merit: 10

Confusion is never good in a volatile market so its a legit concern that must be aired.
Nothing wrong with ICO'ing a new coin that will serve another purpose and does not take anything away from MNE's purpose but there is one thing that must be addressed and will be addressed until there is a solution for it. From the start it was announced as an upgrade for MNE and this fact alone does put MNE in a kind of awkward position, its kind of damaged in terms of reputation and that needs to be fixed. That fact that it lost so much value has something to do with this damaged rep and Dev knows it.

It would be most appropriate to allow MNE holders to get a better deal moving into ART vs. new investors on ETH. This would allow some kind of compensation, will increase the burnrate and would lift the current rate of MNE to a higher level. After this it will be business as usual and MNE can follow its own path which could be a very healthy one considering the roadmap, its own development team and the reduced supply.


This dude told everything we need to know in order to solve the issue.
full member
Activity: 135
Merit: 100
There is mess of opinions and everyone is showing concerns over different things. I need to read all previous discussions and white paper to understand what really created all this confusion. At large glance it seems ratio of MNE against ARTE token is basic element of confusion. I am not clear will see what is all about really.

Confusion is never good in a volatile market so its a legit concern that must be aired.
Nothing wrong with ICO'ing a new coin that will serve another purpose and does not take anything away from MNE's purpose but there is one thing that must be addressed and will be addressed until there is a solution for it. From the start it was announced as an upgrade for MNE and this fact alone does put MNE in a kind of awkward position, its kind of damaged in terms of reputation and that needs to be fixed. That fact that it lost so much value has something to do with this damaged rep and Dev knows it.

It would be most appropriate to allow MNE holders to get a better deal moving into ART vs. new investors on ETH. This would allow some kind of compensation, will increase the burnrate and would lift the current rate of MNE to a higher level. After this it will be business as usual and MNE can follow its own path which could be a very healthy one considering the roadmap, its own development team and the reduced supply.
legendary
Activity: 2165
Merit: 1002
So essentially, the price of MNE will be determined by the exchange rate of 1 MNE to Artemine.
If 1 ETH = 1000 ART and 10 MNE = 1000 ART (Example) then the price of MNE should technically reach somewhere near 10% of ETH price IF there is a large enough interest in the project.
It would eventually balance itself out, who would invest 1 ETH into ART if you could get the same amount of ART for cheaper by purchasing MNE and converting?

1 eth = 1000 art = 50 mne would be a much more realistic rate.

With eth at around $300, that would bring mne to a very decent $6. Going for a $30 mne would be far too unrealistic
sr. member
Activity: 952
Merit: 251
Will The chance to set a price for automatic selling of artmine genesis address be 1 time only or it will be adjustable?

Still no details about that how this will work maybe this is just an idea in coming days we will get details about that how it will work. Anyway this ICO is looking confusing at this stage how this will work I think better to wait for more details.
hero member
Activity: 728
Merit: 500
Will The chance to set a price for automatic selling of artmine genesis address be 1 time only or it will be adjustable?
full member
Activity: 135
Merit: 100
So essentially, the price of MNE will be determined by the exchange rate of 1 MNE to Artemine.
If 1 ETH = 1000 ART and 10 MNE = 1000 ART (Example) then the price of MNE should technically reach somewhere near 10% of ETH price IF there is a large enough interest in the project.
It would eventually balance itself out, who would invest 1 ETH into ART if you could get the same amount of ART for cheaper by purchasing MNE and converting?

If that was the case it would be terrific! MNE rate explodes since everybody want to get into ART using MNE.
I truly hope Dev will consider something like this for a limited time only to allow MNE holders to get a good deal for ART.
We all know the sudden sidepath in development did not do well for MNE upon this point and hopefully Dev agrees that MNE holders deserve some kind of relieve.
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