Topic: [ANN] Minereum - First Self Mining Smart Contract - page 221. (Read 438103 times)

this people eager to get profit, what they do just dump dump dump and dump.

Someone loading up on MNE today. Or just getting their coins off of Livecoin....

https://ethplorer.io/address/0x613dd44784bae6eb1234816129420b13c0a48447#pageSize=100

I'm selling my Minereum cheap on livecoin. I strongly doubt my sell order will get filled. All you religious zealouts like Keyboard Walking and Gilboa are all talk. "Buy the dip guys!" you say, but you won't buy cheap Minereum because you know this coin is going nowhere and the hard fork will drive this coin down to 10c.

Anyway, best of luck to you all. Minereum is a strong reminder to always thoroughly research a coin before investing.

Dude. GTFO of Minereum and this thread. I'm tired of reading your posts.

so the new tokem will airdrop for some new people ?

Maybe the dump of MNE is not because of this announcement, but it's a strange coincidence...

Ah, the illiterate crowd is what you're after.

Nope. Don't think MNE popup books should be going on sale anytime soon

Btw everything that is happening price wise currently is literally the ebb and flow of the market

go back anytime in the chart history and check the thread during that time.

Its the same exact comments/questions everyday.

Speculation of why its low in price, or why its so high  in price and rising has no impact.

It just does what it does. What goes up, comes down. What goes down bounces up. And what goes WAY down bounces like flubber.

Also, your questions :What are the intrinsic values  ? how does it work? how would future usage look like?

^ try and answer those for gold,  diamonds, and tulip bulbs.

Other than the industrial purposes of gold and diamond (which account for <1% of its net value)

they are worth something because people say they are, and gold prices go up and down because people are playing the market.

You would see gold do what Minereum is doing right now if it were on an unregulated market...

Interesting update. Looking forward to how it all comes together.

Honestly hoping that everyone burns their MNE. A lower potential coin cap seems like it will be very positive for MNE.

I like this update similar to vrc and vrm
Good job dev

I get the impression that most tokens are kept by investors that still believe in the purpose of this coin and are well equipped to explain why and how they see its future. What worries me is that there are still so many questions raised about the self-mining aspect/genesis account mining/token release functionality so either people are too lazy to conduct proper research or its just not really explained clearly. I do not believe in increasing the share of voice in order to pump this coin (for day trading purposes) but I do believe in a clear and simple messaging. What are the intrinsic values  ? how does it work? how would future usage look like? Can anyone explain MNE in a uniform simple wording? Probable not, so it would help when there was a FAQ sheet available that could be used to answer most relevant questions. This simplifies word of mouth and makes it more effective.

Let me ask you something.. (first of all I do not want a cheesy sales campaign for MNE, when i see an add for something, in this day in age if i even think something is being pushed on me my brain kicks into defense mode and i block it out)

but,

are you more interested in checking out the store/club/(insert item/destination) that you see in a TV commercial, or the one that is word of mouth and you only get into by knowing someone who knows.

Good coins dont sell themselves. They just get prepared for the day when everyone is demanding it.

supply & demand. Try and work on emphasizing the latter, if you focusing on supplying you forget the reason for trying to supply it.

"if you build it they will come. ive seen so many people look at coinmarket cap and say WOW whats this coin, its 3 bucks?"

i say, "ya it was 10 bucks few weeks ago, it has a really nice pattern of making new all time highs and then correcting to an amazing entry point while people are selling it because they arent traders"

they say "but how much did the ICO raise? I mean its more expensive than bancor"

I say, "nothing, and you didnt hear about it because it didnt need a facebook add to get people to buy it"

I will be having these conversations again in a a week or two most likely when they see the 50% price gain on the trends list.

But eventually this needs to be taken to the public right? I am sure the general option does not reconcile with the true value of this coin anymore and this needs to be addressed. Back in the days that btc and eth traded on $3 the crypto market was much more transparent. These days,with all the ICO's, retaining public interest is more challenging and personally I don't see this happening right now. There must be some kind of elevator pitch for MNE that can be repeated over and over again explaining why this coin has so much potential.  Will this grow organically?? I am not sure since support is needed to raise above a certain level to get noticed before people start to dig into this in more detail.

Dev team is still on hard job and have so many unique ideas how to make it more valuable in future. Recent update showing the potential how worthy this will be when people will start burning MNE for new token. Price will jump to over $50 easily as I think so will buy more at current now it's more cheap than before.

All those people that want to create an eth dapp but feel  like  there is a monopoly on  dapps on the Eth chain  will see the opportunity in MNe now . All those new investors that want to be part of a crowd sale but think eth is too expensive can now invest in the same exact projects except they won't have to pay hundreds of dollara for a token.

Also if you read what the developer said, this is not going to be the main focus of their attention but rather a side project. So basically what I'm seeing is a developer team that works for free, is coming out with new updates and projects by the week, that MNE will be needed for. The demand will exponentially go up as people begin to figure this out.

Ever wondered how people have thousands of eth and such? It's because when it went to $5 and then back to 3 and then 10 and then back to 5 they held on to it because they were what you would call Smart money. They realized the value of having something new and unique and knew it was only a matter of time before it hit $50. I'm sure they never expected to become millionaires when it went to hundreds of dollars a coin.


I'm sure we will hear of something new being created in a matter of weeks that will yet again be another use case to add to the list of uses for mne.

Edit: also thanks for the laugh to the guy who said that the developers are hacking the eth chain. They are literally using it for what it was meant for. Innovation. And I know this is a cliche to say but they literally are doing it for free. That is quite a rarity these days. You could play pin the tail on the donkey with the announcement forum and pick 9 out of 10 coins that you see, the developer is always asking for money right off the bat.

There's a bright future ahead for mne for whoever chooses to exercise some critical thinking and patience. I know a lot of people did in May when the chart looked worse than it did now and it certainly paid off.

(corrected all the text to speech errors)

This has been discussed before any probably its not allowed to disclose name and potential live date of the upcoming exchange.
I guess it would be ok to request Dev to reconfirm the new exchange is still on and bigger then the current ones. Time will tell when the exchange announces that it's time to start trading MNE.

the Minereum tokens are 'attached' to your ethereum address. So if you use an ERC20 compatible wallet like MEW and send MNE tokens to that address they will be there. You don't need to 'create' anything. Mew will see your ETH balance and also all supported token balances (for the unsupported ones you'll have to manually tell mew what to look for). See it as a bank account that holds a balance in EURO and also a balance in USD.

Its important that you create your own ethereum address for things like this though. Your private key is your proof of ownership. If you're not the single owner of the private key the coins belong to whoever has it. If you keep your coins on Livecoin it means that you trust Livecoin enough to give them proof of ownership of your coins. I mean, I personally wouldn't give my pin number to some anonymous company in China. Would you?

Def, we NEED you to get us onto the Bittrex exchange.

When is this happening? That should be your first priority.  Please get us onto some bigger exchanges.

I think the issue is Ethereum contracts are immutable. Minereum was hardcoded into the Ethereum blockchain as a smart contract and that means dev can't just go ahead and update. There's no Github on Ethereum. Smart contracts are immutable (unless you're Vitalik). Dev coded the token and Minereum is what it is until kingdom come. Now dev has some more bright ideas which they cannot accomplish using the token they coded into the blockchain so the only option there is is coding a new token that allows what they are trying to accomplish. Dev can just deploy the new token to current holders (we have the eth blockchain to track all of that) and you as a Minereum holder won't notice a thing apart from the fact that you now have 2 tokens instead of 1. Call them version 1.0 alpha and 1.0 beta.

Don't stress. Dev are hacking the Ethereum block chain (they're using it for things it wasn't made for, for example mining on top of the ETH blockchain) so the customer experience might not always be on par. At the same time any MNE holder should rest assured that dev is not trying to screw anyone out of their money. Dev could have ICO'd this but didn't, dev has never asked the community for a single satoshi even though all the things they are doing are quite expensive.

But to send MNE to MEW do I only have to create the new token in the wallet and then send them from LiveCoin to MEW using the same Ethereum address, and MEW already knows those are MNE despite the same address of ETH?

OK - let me begin by saying that I have been holding MNE since the first time it hit ~60 cents, and I have not sold a single token. I also believe MNE has a lot of growing to do, both feature and price-wise. So I don't say this to FUD, but to genuinely ask:

Why the hell is it necessary to create an entirely new token to deliver on the original promise of MNE? MNE was always advertised as a "self mining" token, which I personally believe is a total misnomer, since only genesis addresses release "new" MNE. I have seen countless people expecting to "self mine" by holding MNE, which, honestly, isn't a crazy expectation given how this has been marketed.

Why do we need an entirely new token to allow staking/PoS/dividend payouts/whatever you want to call it, instead of adding an additional smart contract to handle payouts? I can't see any incentive for a current MNE holder, let alone a genesis address holder, to trade their MNE for this new coin. You are essentially trading cash on hand now, for the potential of this new coin to someday be equal to or greater than MNE in value. Let's not forget the issue of it even getting on exchanges. I understand that we do not know all of the details of this new token, so I will reserve the rest of my judgement. However, this strikes me as an unnecessary fork at best, and damaging to the main product at worst.

I personally believe that expanding the token creation service and improving the distribution of MNE among the public is what will continue to give this project value, so I am happy that the dev is working on this and providing new ideas. However, I am genuinely confused about the direction of Minereum at this point, given this impending "fork" and the focus on the MNE world app. I do not see the current roadmap promises adding much value to Minereum, beyond the speculative purchases of people who see a low supply/market cap coin.

Am I missing something here? I want to see the vision.