Topic: [ANN] Minereum - First Self Mining Smart Contract - page 311. (Read 438104 times)

funny people around 

Bought at 0.0026  
now i hope to see minereum on bittrex soon

Bought at 0.0026 
now i hope to see minereum on bittrex soon

Crazy, your first post on bitcointalk forum is to advise that today is the end of week  

TODAY is the end of the week.

If MNE token can get value of $10 just because of the concept on based of what it is created then just think after launch of some real usage services where the token value will reach. This post re-posted above is worth to read and understand what will make it precious. Developers are brilliant minded without any doubt they have eyes on future and they seeded a tree to get fruits from it for next half century approximately and took other people on board as well to earn and make good for others from the earning amount everyone will have.

nice to see that price for MNE was about 10 usd in last couple of days, now i see it around of 6-7 usd, which also is very nice price. waiting for some announcments from dev about exchange and other develepment stuff

what is bitrix ?
did you mean bittrex ?
if yes, the dev did not say this MNE will be listed on bittrex, he just say about new exchange
but all community here,, hope the new exchange is bittrex

no , but you can still buy MNE on exchange,
just go to livecoin.net and start buy MNE if you want it,,
thank you

I figured since my original post has been re-posted several times, I would clean up some language and typos in it as well as expand on my fifth point. So here is the update version. Thanks everyone who has shared! Cheers.

Why I believe in Minereum

(Full Disclosure: I have gotten behind this project on a magnitude of 1000s of dollars.)

As I have written about before, assuming the developers follow through, there is a lot to be excited about with this token.

Here are the obvious strengths of Minereum:

First coin to self-mine
   Releases in predictable way
   Does not require energy

First to create easy token creation service
   This will include tokens that use the same innovative self-mining process
   Will make Ethereum token use-cases accessible to the masses

Potential world-wide lottery service
   Paid into only with Minereum
   Increases rate at which Minereum is taken out of circulation

Tokens received from services will be destroyed
   Taking them out of circulation and increasing scarcity/value

But there is much that gives me pause for concern. The primary tenants of Ethereum are decentralization and transparency. This project does well to address the former, but severely lacks in the latter. The way the Ethereum addresses are set up with smart contracts, to release tokens at a trickle, with no outside manipulation is spot-on. The idea behind the project is good too, creating a service that will allow the masses to create decentralized tokens for decentralized services. But the elusiveness of the developers is frustrating.

The person behind the domain registration of Minereum.com is anonymous, the updates are vague and few and far between, there is no window into developer communication, there has been no mention of how many addresses the developers have reserved for themselves, there has been no public invitation to the community to test services in development or even a bit of digital evidence to show progress on future services, to name a few.

Even so, I still believe in this project. Here is why.

First and foremost, when the developers do deliver on their promises (assuming they are good products). They are going to be huge. Creating an easy to use service to create tokens will change the landscape of Ethereum and Crypto in general. Minereum in many ways will become a gateway to Ethereum (plus the whole new type of smart-contract-trickle-release-thing).

Second, this token is limited big time. There just isn’t much of it. It doesn’t take that many investors to raise the price. When the developers follow through with their promises, it’s going to head for the moon. This would happen even without the whole destroying tokens used for official Minereum services promise (So that’s like a bonus).

Third, this token is out in the wild. It doesn’t matter what the developers do at this point. A solid algorithm has already been set up and tied to 4000+ Genesis ETH accounts. This token is going to continue trickling into the crypto space for the next 47 years, period. This is true even if the developers do nothing, even if the developers reserved half+ genesis addresses for themselves. The worst that could happen - they slowly sell their stake as it becomes available and someone else buys into the token.

Fourth, we don’t need the developers anymore. The important infrastructure of this token has been built. The tokens are in place, smart contracts have been initiated, the developers built something that can’t be stopped. We have a bonafide working cryptocurrency. WE can build services that only accept Minereum, if we wanted to (well I couldn’t, because I don’t know anything about coding, but you catch my drift). Don’t get me wrong, I want the developers to follow-through, but if they don’t, we can pick up the slack.

Fifth and finally, I don’t think the developers have bowed out yet or will anytime soon because the pay-off simply isn’t big enough for them yet. With such a small amount of Minereum released each day combined with the small market cap, the amount of work put into this token just doesn’t equal the pay-off at this point. The developers have built something that literally locks them out of cheating their followers. Their pay-off only gets better if they deliver. If they sell too much now, the market crashes and they get away with very little. If they wait a little longer to sell so they make a significant profit even though also crashing the market, then they are cheating themselves out of 47 years of price-increase. Even if this is a scam-coin, the scam-artists are playing the long game, they need this token to be a solid mover in the market. Even if the developers have half the addresses reserved for themselves, a lot more work will need to be put into the promotion and reputation of this token before they will be able to sell it at a significant profit and even then they will have to sell slowly. From what I can tell the DNA of this token just wasn’t designed in a way conducive to someone trying to make a quick buck.

I don’t know why the developers don’t open up more channels of communication and avenues of transparency and to be frank, I find it slightly annoying as it seems antithetical to the project. But regardless of our qualms with the way the project is being managed, I think the evidence that this is a legitimate project which will benefit all participants is much stronger than the opposite. This is why I believe in Minereum and think it will succeed in unexpected and hopefully immeasurable ways.

When do they plan to open an application for Bitrix?

no , but you can still buy MNE on exchange,
just go to livecoin.net and start buy MNE if you want it,,
thank you

can i still get the airdrop?

I'm interested how many minereum you are holding  

I figured since my original post has been re-posted several times, I would clean up some language and typos in it as well as expand on my fifth point. So here is the update version. Thanks everyone who has shared! Cheers.

Why I believe in Minereum

(Full Disclosure: I have gotten behind this project on a magnitude of 1000s of dollars.)

As I have written about before, assuming the developers follow through, there is a lot to be excited about with this token.

Here are the obvious strengths of Minereum:

First coin to self-mine
   Releases in predictable way
   Does not require energy

First to create easy token creation service
   This will include tokens that use the same innovative self-mining process
   Will make Ethereum token use-cases accessible to the masses

Potential world-wide lottery service
   Paid into only with Minereum
   Increases rate at which Minereum is taken out of circulation

Tokens received from services will be destroyed
   Taking them out of circulation and increasing scarcity/value

But there is much that gives me pause for concern. The primary tenants of Ethereum are decentralization and transparency. This project does well to address the former, but severely lacks in the latter. The way the Ethereum addresses are set up with smart contracts, to release tokens at a trickle, with no outside manipulation is spot-on. The idea behind the project is good too, creating a service that will allow the masses to create decentralized tokens for decentralized services. But the elusiveness of the developers is frustrating.

The person behind the domain registration of Minereum.com is anonymous, the updates are vague and few and far between, there is no window into developer communication, there has been no mention of how many addresses the developers have reserved for themselves, there has been no public invitation to the community to test services in development or even a bit of digital evidence to show progress on future services, to name a few.

Even so, I still believe in this project. Here is why.

First and foremost, when the developers do deliver on their promises (assuming they are good products). They are going to be huge. Creating an easy to use service to create tokens will change the landscape of Ethereum and Crypto in general. Minereum in many ways will become a gateway to Ethereum (plus the whole new type of smart-contract-trickle-release-thing).

Second, this token is limited big time. There just isn’t much of it. It doesn’t take that many investors to raise the price. When the developers follow through with their promises, it’s going to head for the moon. This would happen even without the whole destroying tokens used for official Minereum services promise (So that’s like a bonus).

Third, this token is out in the wild. It doesn’t matter what the developers do at this point. A solid algorithm has already been set up and tied to 4000+ Genesis ETH accounts. This token is going to continue trickling into the crypto space for the next 47 years, period. This is true even if the developers do nothing, even if the developers reserved half+ genesis addresses for themselves. The worst that could happen - they slowly sell their stake as it becomes available and someone else buys into the token.

Fourth, we don’t need the developers anymore. The important infrastructure of this token has been built. The tokens are in place, smart contracts have been initiated, the developers built something that can’t be stopped. We have a bonafide working cryptocurrency. WE can build services that only accept Minereum, if we wanted to (well I couldn’t, because I don’t know anything about coding, but you catch my drift). Don’t get me wrong, I want the developers to follow-through, but if they don’t, we can pick up the slack.

Fifth and finally, I don’t think the developers have bowed out yet or will anytime soon because the pay-off simply isn’t big enough for them yet. With such a small amount of Minereum released each day combined with the small market cap, the amount of work put into this token just doesn’t equal the pay-off at this point. The developers have built something that literally locks them out of cheating their followers. Their pay-off only gets better if they deliver. If they sell too much now, the market crashes and they get away with very little. If they wait a little longer to sell so they make a significant profit even though also crashing the market, then they are cheating themselves out of 47 years of price-increase. Even if this is a scam-coin, the scam-artists are playing the long game, they need this token to be a solid mover in the market. Even if the developers have half the addresses reserved for themselves, a lot more work will need to be put into the promotion and reputation of this token before they will be able to sell it at a significant profit and even then they will have to sell slowly. From what I can tell the DNA of this token just wasn’t designed in a way conducive to someone trying to make a quick buck.

I don’t know why the developers don’t open up more channels of communication and avenues of transparency and to be frank, I find it slightly annoying as it seems antithetical to the project. But regardless of our qualms with the way the project is being managed, I think the evidence that this is a legitimate project which will benefit all participants is much stronger than the opposite. This is why I believe in Minereum and think it will succeed in unexpected and hopefully immeasurable ways.

can i still get the airdrop?