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Topic: [ANN] Minereum - First Self Mining Smart Contract - page 320. (Read 438104 times)

sr. member
Activity: 317
Merit: 250
At this point Polo should be in the playbook. A Polo listing can bring the daily volume to MNE.

What a crazy start to the first couple months of Minereum
hero member
Activity: 1246
Merit: 534
Way to go to the top 100! And its not coming back, volume also drastically go up, I think bittrex is coming guys! Wait for it. HODL!
sr. member
Activity: 980
Merit: 294
regretably sold my 78 MNE last time, if it happen to sell them now, my money will multiply 10 times, what a wrong move of mine.
this coin really brings out the unexpected and will surely be a goldmine to those lucky having the genesis address.
legendary
Activity: 2590
Merit: 1089
Minereum broke the all time high! It's at .00337 at Livecoin at the moment!!!

May 20th MNE hit 500k

Vive Minereum !
newbie
Activity: 9
Merit: 0
Someone is obviously manipulating this at the moment..

Glad I bought this coin for no reason at 0.0012 the other day though. Maybe I will actually look further into the project.  Tongue
newbie
Activity: 32
Merit: 0
Minereum broke the all time high! It's at .00337 at Livecoin at the moment!!!
legendary
Activity: 2226
Merit: 1014
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 on 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 at the former, but is lacking 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 concerning.

The person behind the domain registration of the main site 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 a piece 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 and 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 sky-rocket. Even without the whole destroying tokens used for official Minereum services promise.

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; 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. Even if this is a scam, 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. From what I can tell the DNA of this token just wasn’t built in a way conducive to scam-artists.

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 bothersome 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.



+1
nice post, thx you.

thanks for sharing this great blog!  great project can see MNE soon to the moon!
legendary
Activity: 2590
Merit: 1089
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 on 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 at the former, but is lacking 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 concerning.

The person behind the domain registration of the main site 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 a piece 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 and 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 sky-rocket. Even without the whole destroying tokens used for official Minereum services promise.

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; 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. Even if this is a scam, 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. From what I can tell the DNA of this token just wasn’t built in a way conducive to scam-artists.

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 bothersome 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.



+1
nice post, thx you.
legendary
Activity: 2590
Merit: 1089
Written by Kanoptx from http://coremedia.info

"Minereum: Changing Cryptocurrency Mining"



full member
Activity: 224
Merit: 100
Very amateur project (airdrop).
... or very smart planed.

As you can see on blockeplorer printscreen on links below,
one person control a bunch of genesis addresses...
He send MNE from all his addresses to one address, before sending
to exchange and dump.

And this is not only one person! If you follow block explorer,
you can this few times per day (just different main address).

Whales constantli dumping, and peoples buying...
Why not, while you have free tokens made from thin air,
for next 47 yrs.     Grin Grin Grin

http://i68.tinypic.com/ic5ilv.jpg
http://ibb.co/fJjhTF

lol, you know MNE has gone places when someone says someone holding <500 MNE is a whale

(also the airdrop was 100% as fair as possible, anyone here can verify they received their gen addresses if they entered the "airdrop")

Although I did appreciate your comment, I added to to my "broken english low IQ fud collage"
member
Activity: 102
Merit: 10
1Ky4J71zErbR3J1BhDWPJ7F7wL1zGusPzW
Very amateur project (airdrop).
... or very smart planed.

As you can see on blockeplorer printscreen on links below,
one person control a bunch of genesis addresses...
He send MNE from all his addresses to one address, before sending
to exchange and dump.

And this is not only one person! If you follow block explorer,
you can this few times per day (just different main address).

Whales constantli dumping, and peoples buying...
Why not, while you have free tokens made from thin air,
for next 47 yrs.     Grin Grin Grin

http://i68.tinypic.com/ic5ilv.jpg
http://ibb.co/fJjhTF
full member
Activity: 224
Merit: 100
can somebody tell my why MNE so that crazy? that is totally out of my imagine

perhaps read the entire thread which you have replied within
full member
Activity: 210
Merit: 100
can somebody tell my why MNE so that crazy? that is totally out of my imagine
sr. member
Activity: 317
Merit: 250
I had a user message me about the Minereum signature bbcode and I hooked him up with it.

If anyone else is interested in it, I'll give you the code through PM.

No incentivized Minereum signature campaign has been created so I created my own sig for now.
hero member
Activity: 677
Merit: 500
today MNE rising more than 100%, what a great result
hope can break all time high, as i see on livecoin is about 0.005 BTC,
if this happend ,, few weeks later MNE could be hit 0.01BTC,,
i hope i'm right  Wink
Even more... 0.05 BTC... May be not for a long time, but... Who know?
sr. member
Activity: 406
Merit: 250
As much as i love this coin I had to sell quickly after having bought, something weird could be going on at livecoin.

Huge sell wall at 250k, and a big buy order creeping higher and higher past any other significant buy order.

Can someone explain to me why you would set your significant buy order (3+btc) above the closest remotely big buy order of 0.1btc+ by over 35k sat? then 40k, then 45k? and always posting it up then taking it down every 15minutes or so?


I'm not saying something cynical is happening but I am genuinely curious why someone would do this.

I have observed the same. I'm sure somebody is trying to help grow the value even faster

yes.... 'help'
 Huh
JNR
full member
Activity: 585
Merit: 100
@JNRcryptobox
today MNE rising more than 100%, what a great result
hope can break all time high, as i see on livecoin is about 0.005 BTC,
if this happend ,, few weeks later MNE could be hit 0.01BTC,,
i hope i'm right  Wink
hero member
Activity: 840
Merit: 501
As much as i love this coin I had to sell quickly after having bought, something weird could be going on at livecoin.

Huge sell wall at 250k, and a big buy order creeping higher and higher past any other significant buy order.

Can someone explain to me why you would set your significant buy order (3+btc) above the closest remotely big buy order of 0.1btc+ by over 35k sat? then 40k, then 45k? and always posting it up then taking it down every 15minutes or so?


I'm not saying something cynical is happening but I am genuinely curious why someone would do this.

I have observed the same. I'm sure somebody is trying to help grow the value even faster
sr. member
Activity: 406
Merit: 250
As much as i love this coin I had to sell quickly after having bought, something weird could be going on at livecoin.

Huge sell wall at 250k, and a big buy order creeping higher and higher past any other significant buy order.

Can someone explain to me why you would set your significant buy order (3+btc) above the closest remotely big buy order of 0.1btc+ by over 35k sat? then 40k, then 45k? and always posting it up then taking it down every 15minutes or so?


I'm not saying something cynical is happening but I am genuinely curious why someone would do this.
sr. member
Activity: 994
Merit: 250
BabelFish - FISH Token Sale at Sovryn
https://coinmarketcap.com/assets/minereum/

Now RANK 193!!! WOWWWWWWWWWWWWWW!!! .

Bittrex this week. It can easily strike $50.
MNE deserves the place in TOP 100 of coins

yeah,, but $50 is to high for now, even if this MNE listed on bittrex or poloniex
maybe it will hit $15 - $20 if this listed on bittrex, remember this only prediction, and all prediction can be right but sometimes wrong
thank you
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