Topic: [ANN] Minereum - First Self Mining Smart Contract - page 190. (Read 438121 times)

Well seems this is a good point to get some if you dont have or increase your stack if you already own some.
Good luck anyways...

yeap price is not that great like it was couple months ago, but i guess when price was 10-12 bucks it was overrated, we can achieve that high price really fast, so i guess now we will go slowly to it again, hope that 10 bucks will be achieved till the end of the year

Agreed with you this is nice analysis of current situation where people a lot of doubt and fear about upcoming event of bitcoin HF. But MNE will remain potential coin for its unique features and first ever slef mining contract on Ethereum blockchain.

I don't believe that it's just the inflationary nature of MNE that's been pushing the price down since its ATH. Clearly there are parallels with ETH and the Ethereum ecosystem as a whole. Other Ethereum backed tokens are essentially mirroring ETH. And, the whole crypto market has fallen into a sort of uncertain, bearish lockstep with BTC with all this SegWit stuff going on.

Just look at the comparison between ETH and MNE below.



I think that burning MNE for MNE v.2.0 will be great for the price, but remember, that MNE and other Ethereum backed tokens will probably always (on a macro scale at least) follow their bigger cousins...

The real reason of decline isn't selling of MNE token but there are more than one reasons in current scenario. The very reason among all is there is no use case at this moment for MNE token to help it to sustain market and gain more value. This situation will not last long and sooner next updates will let positive impression on the market. Buy/selling are essential part for any coin to survive and grow.

This could have quite some impact! There will be a couple of things that we all need to take into account;

1. MNE V1 will continue to be developed and the roadmap will not change, this could make MNE V1 even more appealing after the swap since many coins will be burned
2. If you swap into V2 you need to be aware that this coin has no value yet. It's not listed in any exchange, has no roadmap, and the total supply is not known yet. You basically invest in an ICO which still needs to proof itself.

Although the burning of coins can be very appealing it  also could be smart that Dev just decides to airdrop MNE V2 to the current token holders based on the supply they have in there wallets.
To increase MNE's burning rate Dev could also consider to increase the fee for the token creation to lets say 20 MNE (instead of 1) as fixed fee. Currently there is some inflation in MNE due to the continuous increase of supply but this should not be a big issue if the trading levels are increased through new exchanges or new pairs!! (MNE/LTC,MNE/EUR,MNE/USD,MNE/XMR,MNE/XRP). Current trading levels are only $12k which is too low, once we get this coins trading level to  around $100k on average the inflation should not be any issue.

Just thinking but I am curious how the community sees this.

It will be a new coin and MNE will continue to exist. what the dev certainly cannot do is "close" old genesis addresses as nobody can change an existing smart contract. So the one thing we know for sure is that you cannot swap an old genesis account for a new one. You could buy one with MNE though. Time and dev will tell.

Yes i know that. I noticed that about new genesis accs a couple of days ago and didnt really know what was that about. So mne 2.0 will be a new coin or there will be a swap? Anyway, thank you for info.

Genesis addresses were given away for free. Dev team has never asked any money for anything. Dev has some genesis addresses themselves to fund the whole venture but does not sell them. In fact, dev has given away the private keys to some of those addresses so the public can use them as a faucet.

N.B.: don't fall for anyone who tries to sell you a genesis address. They will still have the private key.

you can't really buy genesis addresses as the original owner always know the private keys, so there's always the risk of scam. there is a chance that you will be able to buy genesis addresses for mne 2.0 though.

I just looked through your profile a bit and I'm inclined to believe you weren't trying to scam anyone . Its what you get from being a bit overly enthusiastic (Or maybe you were being opportunistic idk). It doesn't matter really. If there is a community demand for a service the devs currently can't provide feel free to raise money but don't do it yourself. BTCtalk has quite a couple of rock-hard escrows, some of them work on a tip basis even.

Is there any chance to buy genesis acc in future? Any plan from dev to sell new accs or it's already caped. Ty

I can't put my finger on why MNE moves which such high amplitudes in price. If the market drops a bit MNE drops immediately 20%. Other coins (e.g. Voise) hold there value relatively better. Is this because inflation? The miners just dump regardless the price? Hopefully a lot of coins will be burned into version 2 and as a result the price will increase substantially. It's about time I think

Agreed with you that is right time to buy more and hold them for MNE 2.0 because new system will be based on the amount what we put for mining there. More tokens will help us to get rewarded with bigger amount when that will be functional.

that is great price now to buy and hold some coin for the new develop , that is what i m going to do now while the price is very good!

I saw the latest exchange rate of Minereum today (Livecoin.net):
Minereum (MNE) $2.10 = 0.00081040 BTC. This is another sign to buy more MNE now, then HOLD.
Wait for the Big Announcement coming soon this August. Our team is very excited. Very expectant!

Okay guys, since not all wants and others are accusing, I'll just delete that initiative, whereas, if dev will be opened to this, He can initiate it, and I myself will dontae on that, just to get listed on bittrex.

hold more for v2   

rate is plummeting again.
Feels like I need to holdl my MNE for eternity if this continues :-)

Collecting funds is not enough to get listed on bittrex I also agreed with you if dev will call for this cause than it will be more great idea. There is proper way to get listed on bittrex because only paying listing fee is not enough it demand a lot of communication session with them.