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Topic: [ANN] MonetaryUnit [MUE] - POS. MasterNodes. Funding. Governance. Services. Devs - page 130. (Read 450717 times)

legendary
Activity: 1652
Merit: 1001
Don't look at my signature!
Oh the price is gaining traction don't worry about that.
50% up from a steady 40 sats to a now steady 60+ sats
https://bittrex.com/Market/?MarketName=BTC-MUE
People are accumulating prior to the migration, and the price now I think is 50% down on what it will be soon be after the migration.
I'm expecting a steady 100 sats price in the weeks following migration, and a steady and strong growth from that platform moving forwards.
Liquidity is going to be reduced massively with the investments into the MasterNodes, and I expect a healthy growth in Hashrate which will further reduce availability.

That is definitely good to hear. I hope that with this the MUE network grows stronger each day. Masternodes will be a pretty good feature to attract investors for the profits. It will definitely be a good ride. Also, I think that there will be more interest into MUE once the Decentralized Organization comes live. It will be the coin to be used for the majority of the organization's decisions. (where shareholders will have effect on this) This is something that it is being worked on heavily and I hope to accomplish it soon.  Smiley 
Your Decentralised organisation sounds really interesting!
Really forward to hearing more about it in due course & thank you! Smiley
legendary
Activity: 3220
Merit: 1363
www.Crypto.Games: Multiple coins, multiple games
Oh the price is gaining traction don't worry about that.
50% up from a steady 40 sats to a now steady 60+ sats
https://bittrex.com/Market/?MarketName=BTC-MUE
People are accumulating prior to the migration, and the price now I think is 50% down on what it will be soon be after the migration.
I'm expecting a steady 100 sats price in the weeks following migration, and a steady and strong growth from that platform moving forwards.
Liquidity is going to be reduced massively with the investments into the MasterNodes, and I expect a healthy growth in Hashrate which will further reduce availability.

That is definitely good to hear. I hope that with this the MUE network grows stronger each day. Masternodes will be a pretty good feature to attract investors for the profits. It will definitely be a good ride. Also, I think that there will be more interest into MUE once the Decentralized Organization comes live. It will be the coin to be used for the majority of the organization's decisions. (where shareholders will have effect on this) This is something that it is being worked on heavily and I hope to accomplish it soon.  Smiley 
legendary
Activity: 3220
Merit: 1363
www.Crypto.Games: Multiple coins, multiple games
Please don't deposit your MUE into Yobit exchange.
The MUE wallet has been in maintenance for weeks and they are manipulating price & volume.
Thanks

Thanks for the update. I just thought that MUE's price was really gaining traction but it seems that it was all just manipulation by the Yobit exchange. Still, I have no doubt that the price for MUE will be much more as soon as the migration starts. There will be a lot more interest into this coin by then. Since it is allowed more than 1 masternode per IP, then I would try to accumulate as much MUE as possible to have at least 5 masternodes.  Cheesy
legendary
Activity: 1652
Merit: 1001
Don't look at my signature!
Please don't deposit your MUE into Yobit exchange.
The MUE wallet has been in maintenance for weeks and they are manipulating price & volume.
Thanks
hero member
Activity: 525
Merit: 500
If you want please feel free to join us in Slack
https://mueslack.herokuapp.com/

Awesome, thanks! I love masternode staking. Joining slack now.
legendary
Activity: 1652
Merit: 1001
Don't look at my signature!
Will we be allowed more than 1 Masternode per IP?
Yes Smiley

Nice. I'm going to go in big then. Any clue what the rewards will be like for Masternodes?
Well, I think initially the rewards will be very healthy, and as with block rewards diminishing with higher difficulty, so the MN rewards will re-adjust as more come on line competing for the transaction reward.
Looking at Dash and it's established MN network of nearly 4000 MNs, they suggest the return is currently about 15% or so.

Cool, and this is going to be possible in September, right? Any clue if it's going to be early or late september? I would like to get a better idea how fast I should start accumulating.
I'm not going to give a definite date just yet....
We are currently testing the win, linux & mac builds of the new wallet, then we're testing the MasterNode network & darksend/instasend functionality.
We are still aiming to have the coin swap underway for around the time the current coin supply hits 100 million (about 30 days?).
We'll keep everyone posted though for sure.
If you want please feel free to join us in Slack
https://mueslack.herokuapp.com/
hero member
Activity: 525
Merit: 500
Will we be allowed more than 1 Masternode per IP?
Yes Smiley

Nice. I'm going to go in big then. Any clue what the rewards will be like for Masternodes?
Well, I think initially the rewards will be very healthy, and as with block rewards diminishing with higher difficulty, so the MN rewards will re-adjust as more come on line competing for the transaction reward.
Looking at Dash and it's established MN network of nearly 4000 MNs, they suggest the return is currently about 15% or so.

Cool, and this is going to be possible in September, right? Any clue if it's going to be early or late september? I would like to get a better idea how fast I should start accumulating.
legendary
Activity: 1652
Merit: 1001
Don't look at my signature!
Will we be allowed more than 1 Masternode per IP?
Yes Smiley

Nice. I'm going to go in big then. Any clue what the rewards will be like for Masternodes?
Well, I think initially the rewards will be very healthy, and as with block rewards diminishing with higher difficulty, so the MN rewards will re-adjust as more come on line competing for the transaction reward.
Looking at Dash and it's established MN network of nearly 4000 MNs, they suggest the return is currently about 15% or so.
hero member
Activity: 525
Merit: 500
Wow, what's happening at YoBit? Price is 6 times higher than Bittrex.
hero member
Activity: 525
Merit: 500
Will we be allowed more than 1 Masternode per IP?
Yes Smiley

Nice. I'm going to go in big then. Any clue what the rewards will be like for Masternodes?
hero member
Activity: 770
Merit: 500
Please be aware the MUE wallet at Yobit has been in maintenance for weeks.
I have tried to get them to fix the issue, though it appears they prefer to just do weird internal pumps on their exchange instead.
Crypto...it's a weird old place.

Let them pump to 50k maybe it will be a game changer on Bittrex also!?
legendary
Activity: 1652
Merit: 1001
Don't look at my signature!
Please be aware the MUE wallet at Yobit has been in maintenance for weeks.
I have tried to get them to fix the issue, though it appears they prefer to just do weird internal pumps on their exchange instead.
Crypto...it's a weird old place.
legendary
Activity: 1652
Merit: 1001
Don't look at my signature!
legendary
Activity: 1064
Merit: 1000
Why I've never been able to deposit MUE on Yobit? It says 'No free addresses'.
Yobit have the wallet in maintenance for a long time and began weird pumps.Please don't use yobit to send or receive coins,it will not work.
there is already Bittrex who is much better,also bleutrade and cryptopia.
hero member
Activity: 525
Merit: 500
Will we be allowed more than 1 Masternode per IP?
sr. member
Activity: 2366
Merit: 305
Duelbits - $100k Bonus/week
Why I've never been able to deposit MUE on Yobit? It says 'No free addresses'.
legendary
Activity: 1652
Merit: 1001
Don't look at my signature!
legendary
Activity: 1652
Merit: 1001
Don't look at my signature!
Some nice interest with MUE purchasing recently.
Hopefully this is a reflection on the decision making process and migration to X11 with MasterNodes.
It appears investors like the idea of having MUE MasterNodes at 1 Million MUE per MasterNode for long term returns.
https://bittrex.com/Market/?MarketName=BTC-MUE

This combined with record high diff is a very good reflection on the project.

is there any timeline for migration to X11 and exchange from ,,old,, MUE to ,,new,, MUE?

how much coins are needed to own a masternode in the future?i heard about 1million..but 1 million is 2much i guess..97 million coins out so 97 potencial masternodes..not really much..i think 100k-200k are ok..
Your question has been going through my head and we've discussed a little in Slack https://mueslack.herokuapp.com/
We are going to take a poll in the next few days time asking what people think the MasterNode collateral requirement could be.

I don't want MasterNodes to become some kind of elitist tool.
I want people to feel like they have a voice through the voting medium provided by MasterNodes and to this end we are considering a price somewhere from 500k-1Million.
I'll set up a poll in the next few days and post the link with probably 3 options, 500k, 750k, 1 million.

The lower the MN price the more people that can become MN holders and be involved with the MN voting process, and this can only be a good thing.
The counter argument to this is if the price is too low there is little incentive to mine MUE which puts the network at risk, so a balance has to always be maintained.
Also, for the larger holders, the lower the price means a bigger outlay as they have to create more MNs and the associated admin & overheads they incur.

Thanks
legendary
Activity: 1652
Merit: 1001
Don't look at my signature!
Some nice interest with MUE purchasing recently.
Hopefully this is a reflection on the decision making process and migration to X11 with MasterNodes.
It appears investors like the idea of having MUE MasterNodes at 1 Million MUE per MasterNode for long term returns.
https://bittrex.com/Market/?MarketName=BTC-MUE

This combined with record high diff is a very good reflection on the project.

is there any timeline for migration to X11 and exchange from ,,old,, MUE to ,,new,, MUE?

how much coins are needed to own a masternode in the future?i heard about 1million..but 1 million is 2much i guess..97 million coins out so 97 potencial masternodes..not really much..i think 100k-200k are ok..
We think that is gauged at the right level of 1 Million MUE per MasterNode.
The price is still very much under valued, and also for those who can't afford a full MasterNode we will be offering MasterNode shares, plus there is the X11 mining that can be carried out for MUE rewards.

Please consider that those investors who invest their MUE in a MasterNode are helping to reduce the liquidity in the market place which helps everyone with an increase in the price.

We want to balance accessibility for all, with attractiveness for investors, and considering our options we feel offering POW, MNs and MN shares offers the perfect balance for all.
legendary
Activity: 1652
Merit: 1001
Don't look at my signature!
Some nice interest with MUE purchasing recently.
Hopefully this is a reflection on the decision making process and migration to X11 with MasterNodes.
It appears investors like the idea of having MUE MasterNodes at 1 Million MUE per MasterNode for long term returns.
https://bittrex.com/Market/?MarketName=BTC-MUE

This combined with record high diff is a very good reflection on the project.

is there any timeline for migration to X11 and exchange from ,,old,, MUE to ,,new,, MUE?
We're testing at the moment so no solid timelines, though we had pencilled in to have completed by the time we hit the 100 million coin cap, which is in about a month.
We will definitely keep people updated and provide clear simple instructions to complete the process and also allow people plenty of time to complete the coin swap 1:1
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