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Topic: [ANN] Minereum - First Self Mining Smart Contract - page 89. (Read 438103 times)

full member
Activity: 182
Merit: 100
I want to translate a Thai translation
Do you need that?
member
Activity: 114
Merit: 10
have not burn the ico received coins?

They are now in the locked address where you can't get them out so they are technically burned but they don't show as burned in CMC or in circulation which is A BIG PROBLEM (DEV pls contact to CMC for this fix) for new comers.
sr. member
Activity: 478
Merit: 250
have not burn the ico received coins?
hero member
Activity: 952
Merit: 502
it is very strange me too decrease a lot from 1.84 to much less, maybe dev need to sell all his minereum first! this dev is genius is making tons of BTC with this game! Grin

be patient please,, and wait for the explanations from the dev,,
as i know the MNE dev is not greedy man

The ethereum network has slowed down. Since mne Mining is dependent on block, mne has slowed down

This has been explained before, nothing else to say
you mean we can not receive 1.84 MNE a day now? so that it will take more than 100 years to mine all of 32000 MNE?
sr. member
Activity: 1638
Merit: 364
Just a theory.

So half of the Minereum supply is burnt. 2 adresses still hold a total of 250.000 minereum or 42 percent of the available amount of Minereum (I guess these guys are long term holders). So only about 300.000 Minereum or 58 percent belongs to small holders of which maybe half of them want to sell and half them like to hold. 150.000 Minereum is perhaps tradable.

So let's now say you want to make a some money with Artemine. Let's say you want 10 mne to be equal to 1 Eth what equals 250 arte. So how can we achieve that?

Well, in order to do so we need people to buy Minereum at a very high price. 1 Mne should be 30 dollars. Let's say Minereum is 3 dollars at the moment (it is pretty close to that now). So if a 1000 people (who also invested in Artemine) start buying those available 150.000 Minereum and buy 150 Minereum for about 5000 dollar (or 1 Mne = 33 dollars), Minereum will skyrocket to 33 dollars in no time.

If this happens, not only will current Minereum holdes win big but Artemine holders will win big too.

Just a theory but is it realistic?



Well, you asked so the answer is that there is a 0% chance for that to happen.
full member
Activity: 174
Merit: 100
Just a theory.

So half of the Minereum supply is burnt. 2 adresses still hold a total of 250.000 minereum or 42 percent of the available amount of Minereum (I guess these guys are long term holders). So only about 300.000 Minereum or 58 percent belongs to small holders of which maybe half of them want to sell and half them like to hold. 150.000 Minereum is perhaps tradable.

So let's now say you want to make a some money with Artemine. Let's say you want 10 mne to be equal to 1 Eth what equals 250 arte. So how can we achieve that?

Well, in order to do so we need people to buy Minereum at a very high price. 1 Mne should be 30 dollars. Let's say Minereum is 3 dollars at the moment (it is pretty close to that now). So if a 1000 people (who also invested in Artemine) start buying those available 150.000 Minereum and buy 150 Minereum for about 5000 dollar (or 1 Mne = 33 dollars), Minereum will skyrocket to 33 dollars in no time.

If this happens, not only will current Minereum holdes win big but Artemine holders will win big too.

Just a theory but is it realistic?

sr. member
Activity: 409
Merit: 250
it is very strange me too decrease a lot from 1.84 to much less, maybe dev need to sell all his minereum first! this dev is genius is making tons of BTC with this game! Grin

be patient please,, and wait for the explanations from the dev,,
as i know the MNE dev is not greedy man

The ethereum network has slowed down. Since mne Mining is dependent on block, mne has slowed down

This has been explained before, nothing else to say
sr. member
Activity: 1176
Merit: 252
Futurov
In the Minereum token page still show 1,112,421.0803 MNE total suply!!!

https://etherscan.io/token/0x1a95b271b0535d15fa49932daba31ba612b52946

Wasn't it suposed to become half after the burn??


IT HAS NOT BEEN UPDATED YET.

It will not be updated, because the tokens have not been burnt, they are just parking in a contract address: https://etherscan.io/token/0x1a95b271b0535d15fa49932daba31ba612b52946?a=0x41fafb65b1514ce1177287a567002f8978d98205

Does it mean that we need to wait until the Artemine ICO ends for those tokens to be totally burned?

the token can't be spent any more,, you can read the explanations from the dev here
https://bitcointalksearch.org/topic/m.22441107
full member
Activity: 562
Merit: 101
it is very strange me too decrease a lot from 1.84 to much less, maybe dev need to sell all his minereum first! this dev is genius is making tons of BTC with this game! Grin

be patient please,, and wait for the explanations from the dev,,
as i know the MNE dev is not greedy man
legendary
Activity: 1938
Merit: 1014
legendary
Activity: 2590
Merit: 1089
sr. member
Activity: 378
Merit: 250
it is very strange me too decrease a lot from 1.84 to much less, maybe dev need to sell all his minereum first! this dev is genius is making tons of BTC with this game! Grin
legendary
Activity: 1938
Merit: 1014
legendary
Activity: 2590
Merit: 1089
Hello DEV! Why now a day is typed in less than 1 coins? Although in the beginning You spoke 1.84 coins per day will be charged, so was summer.And now production has decreased.It? Or is it network dependent? Huh Huh Huh


I have noticed that too, it was supposed to be 1.84 mne per day and since mid august, i guess not that sure, but the production has decreased, sometime cause of the network seems to be not working rite : "Also cannot check how much MNE I have now, getting message "Error: CONNECTION ERROR: Couldn't connect to node //pub-node2.etherscan.io."
This sometime lasts days.

member
Activity: 436
Merit: 10
Proof-of-Stake Blockchain Network
Hello DEV! Why now a day is typed in less than 1 coins? Although in the beginning You spoke 1.84 coins per day will be charged, so was summer.And now production has decreased.It? Or is it network dependent? Huh Huh Huh
member
Activity: 169
Merit: 24
In the Minereum token page still show 1,112,421.0803 MNE total suply!!!

https://etherscan.io/token/0x1a95b271b0535d15fa49932daba31ba612b52946

Wasn't it suposed to become half after the burn??


IT HAS NOT BEEN UPDATED YET.

It will not be updated, because the tokens have not been burnt, they are just parking in a contract address: https://etherscan.io/token/0x1a95b271b0535d15fa49932daba31ba612b52946?a=0x41fafb65b1514ce1177287a567002f8978d98205

Does it mean that we need to wait until the Artemine ICO ends for those tokens to be totally burned?

No. These tokens cannot be accessed (because of the empty smart contract) so cannot be burnt anymore. These tokens will remain there forever, but because these are still "alive", supply will not decrease, and this is the main problem.



...and this is the main problem.


What problem? The tokens are destroyed forever, they cannot be spent ever again.

That's what the concept of burning coins is, what is your problem?

Many other devs burn tokens or ETH by just sending them to the address https://etherscan.io/address/0x0000000000000000000000000000000000000000 and they are not reduced from the overall supply, not even the ETH...

Even the bitcoins destroyed by Satoshi were destroyed by him just by deleting the private keys... and the bitcoins were never reduced from the overall supply, it doesn't really matter AT ALL

Those 568375 MNE are gone forever no matter what
newbie
Activity: 32
Merit: 0
In the Minereum token page still show 1,112,421.0803 MNE total suply!!!

https://etherscan.io/token/0x1a95b271b0535d15fa49932daba31ba612b52946

Wasn't it suposed to become half after the burn??


IT HAS NOT BEEN UPDATED YET.

It will not be updated, because the tokens have not been burnt, they are just parking in a contract address: https://etherscan.io/token/0x1a95b271b0535d15fa49932daba31ba612b52946?a=0x41fafb65b1514ce1177287a567002f8978d98205

Does it mean that we need to wait until the Artemine ICO ends for those tokens to be totally burned?

No. These tokens cannot be accessed (because of the empty smart contract) so cannot be burnt anymore. These tokens will remain there forever, but because these are still "alive", supply will not decrease, and this is the main problem.
member
Activity: 75
Merit: 10
In the Minereum token page still show 1,112,421.0803 MNE total suply!!!

https://etherscan.io/token/0x1a95b271b0535d15fa49932daba31ba612b52946

Wasn't it suposed to become half after the burn??


IT HAS NOT BEEN UPDATED YET.

It will not be updated, because the tokens have not been burnt, they are just parking in a contract address: https://etherscan.io/token/0x1a95b271b0535d15fa49932daba31ba612b52946?a=0x41fafb65b1514ce1177287a567002f8978d98205

Does it mean that we need to wait until the Artemine ICO ends for those tokens to be totally burned?
sr. member
Activity: 272
Merit: 250
I still do not understand why send the mne to the  Token Creation Service address 0x41fafb65b1514ce1177287a567002f8978d98205 means burn the MNE?
anyone can explain this? thank you !

MNE sent to address: 0x41fAfB65B1514Ce1177287A567002f8978d98205 is blocked by ETH contract  (Token Creation Service) and cannot be resend to other address.
newbie
Activity: 32
Merit: 0
In the Minereum token page still show 1,112,421.0803 MNE total suply!!!

https://etherscan.io/token/0x1a95b271b0535d15fa49932daba31ba612b52946

Wasn't it suposed to become half after the burn??


IT HAS NOT BEEN UPDATED YET.

It will not be updated, because the tokens have not been burnt, they are just parking in a contract address: https://etherscan.io/token/0x1a95b271b0535d15fa49932daba31ba612b52946?a=0x41fafb65b1514ce1177287a567002f8978d98205
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