Topic: [ANN] Minereum - First Self Mining Smart Contract - page 306. (Read 438104 times)

You use your first post on bitcointalk to critizise MNE thread? Someone is asking about launch on new exchanges, right, but in other threads how many people are talking about facebook bounties, signature bounties, twitter bounties when will be the launch, and so on... IMO in this thread is much less of it then in other threads...

...and no, i am no genesis adress holder 

cheers

I own no genesis address. I believe in the project. I think the community is stronger than you think and you seem to be ignoring the Telegram channels. I also think you are undervaluing the power of money which is one thing all the genesis owners have in common. They are either going to make a lot of money from their addresses, or they are going to make nothing from them. It is in their best interest to make sure the project succeeds.

As you state, that means there needs to be a practical usage of the token. So far everything the developer has promised has come to fruition. The genesis holders have no reason to doubt him/her now. But if the developer doesn't follow-through, then they have reason to organize and mobilize. I believe this project will be success long-term regardless if the developer creates services or if the genesis address holders do.

Lastly, it has been less than 2 months since the developer made his/her first post. It is far too soon to be saying there is no hope for the project long-term. Especially when everything in the project's history has signaled a different future story. When the token-creation service is launched, you will be glad you bought those tokens.

Sure this could be a bust, but again as I have said before (maybe you didn't read my long-form post?) I think there is strong evidence to believe the token-creation service is going to benefit all participants. And if the sudden jump in price and support tells me anything, it's that others believe the service will be an asset as well.

I also wanted to buy, but read it and changed my mind about it.

All that you say is true, but you forget the importance of the etherum token creation service. That is the real value in my opinion and the reason I am watching this thread.

Yes, it's my first post, we got that one out of the way. I have the same concern's as you. I have read most of the 130+ pages of this thread. Somewhere someone stated, that exchanges look for active community coins to enlist them on their market. That same person said that 130+ pages of this thread is strong evidence of active community. While reading, all i saw is question after question 'When will exchanges accept Minereum?' and 'What will the price be?'.

I think that more than one third of all posts are those questions. And i think, that people asking those questions are owners of (one or multiple) genesis addresses. If you look at current MNE price, and if you own 10 genesis addresses, you get ~100$ per day. Of course that they want to see price go sky high. For strong active community, i wouldn't bet a lot. MNE needs strong practical usage to be long term profitable. As you stated, next year we will have 3.3M tokens. And your 500$ today may be worth 50 in 12 months.

Don't take me wrong, i just give you my look on everything. Truth is that i am also looking to buy some MNE but not for long term. Current hype and waiting to get on another exchange gives me hope for quick increase of my investment. If i offended anyone, that wasn't my intention.

Take care!

No problem.

Yeah, it's an interesting one to watch. I was lucky enough to sign up for a genesis address so I'm biased, but it will be telling to see how the token creation process plays out. If this is done well, I think it could get a big boost. If it's used by a great many people, it will also help curb the inflation as the MNE will be burned in the process.

The Dev is pretty enigmatic but he/she/they seem to be skilled at what they're doing.

Understood, thanks for the answer.

I guess my concern is that with ETH we started (I think) from a 72m initial base and have gone to 90m or so, where as with MNE its going to be going from a tiny base and going up 9x in the first year so the dilution is (theoretically) greater. Its very interesting though.

How to calculate the gas to send funds?

It is just the genesis addresses that are generating MNE.

MNE will be burned in the token creation process and even with the supply increasing, it is at a much lower rate than other crypto's such as ETH.

People are buying genesis addresses in the hopes that the coin continues to rise. It's a risky bet though, as the buyer can't change the wallet key. If the seller is dishonest and decides to, they can always re-access the account.

Apologies in advance for what I think is probably a stupid question but there's something I don't quite understand. I have tried to look on the website/read through here but I can't find an answer so Im probably just not understanding it properly.

There's 4268 genesis addresses, each generating new MNE every day (~8000 a day) until eventually we hit 136,576,000 MNE. Is it just people with the genesis addresses who are generating these new MNE, or does everyone holding some MNE generate new ones?

If the former, then I can't understand why I would buy MNE when the total supply is going to increase from 400k today to 136m (albeit over a long time period). With the price at ~$10, say I bought 50 MNE today, surely that is going to be eroded massively even by this time next year when we will have gone from around 400,000 today to 3.3m? But if the latter then I can't understand why people are buying genesis addresses.

Be patient. No need to be on Bittrex if the product is not ready. I hope dev will wait for the right time.

Really think it could hit $100, it would only have a market cap of 49-50 million, seems possible

So we should have a new one, like bittrex this week

That is just beginning soon you will say it is above $100 some big whales are buying at this price before listed of any exchange than this rally will run without any break and moon is the destination.

Actually he did, if you click on "Show ratings." you will see

Back to $10!

why brivas dont give to you a positive feedback?

No, CryptoDAO was the first exchange back in April I guess

Not so good one, livecoin is light years ahead of it

Cryptodao is a small exchange, but even the second for minereum...
I'm sure dev did not mean this exchange with his announcement.. we are on the right way  

So is Crypto DAO the new exchange, is that a good one?