[ANN] MonetaryUnit [MUE] - POS. MasterNodes. Funding. Governance. Services. Devs - page 156.

kcanup

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Activity: 1484

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Quote from: bizzyb on January 06, 2016, 06:43:17 AM

Continuing in the vein of creating "profitable" sustainable features to the MonetaryUnit project, I was thinking about the addition of "in wallet" MUE purchasing.

This is my thinking (though I will await technical feedback from UpgradeAdvice).

In wallet, we offer the ability to buy MUE (details to come)
We use the teams MUE funds to fund these purchases (i.e does not touch an exchange).
The price listed in wallet, is 5% above the current market price.
Once purchased, the BTC received is used to buy MUE which will replace the MUE fund wallet, plus the extra 5% BTC will then create extra buy support to increase the MUE price.

Benefits are:
1) Users are able to buy large quantities of MUE at a "fixed" price (might attract whales)
2) There is no negative affect on exchange volume as the BTC is used to buy MUE
3) MUE volume should in fact increase based on the 5% margin placed on the price
4) MUE price should start to slowly increase
5) Adds to the portfolio of projects designed to increase the MUE price and volume

I think creating multiple smaller functions that help to increase the MUE price is far more reliable than creating a single project which may fail.

Thoughts, suggestions, feedback?

+100
I am fully agree on what you have said and i ll support MUE to be a choosen alt coin by traders and users. Go for it!!!

bizzyb

legendary

Activity: 1652

Merit: 1001

Don't look at my signature!

Continuing in the vein of creating "profitable" sustainable features to the MonetaryUnit project, I was thinking about the addition of "in wallet" MUE purchasing.

This is my thinking (though I will await technical feedback from UpgradeAdvice).

In wallet, we offer the ability to buy MUE (details to come)
We use the teams MUE funds to fund these purchases (i.e does not touch an exchange).
The price listed in wallet, is 5% above the current market price.
Once purchased, the BTC received is used to buy MUE which will replace the MUE fund wallet, plus the extra 5% BTC will then create extra buy support to increase the MUE price.

Benefits are:
1) Users are able to buy large quantities of MUE at a "fixed" price (might attract whales)
2) There is no negative affect on exchange volume as the BTC is used to buy MUE
3) MUE volume should in fact increase based on the 5% margin placed on the price
4) MUE price should start to slowly increase
5) Adds to the portfolio of projects designed to increase the MUE price and volume

I think creating multiple smaller functions that help to increase the MUE price is far more reliable than creating a single project which may fail.

Thoughts, suggestions, feedback?

bizzyb

legendary

Activity: 1652

Merit: 1001

Don't look at my signature!

Quote from: Abiky on January 05, 2016, 03:26:11 PM

Quote from: bizzyb on January 05, 2016, 06:26:29 AM

If anyone has any suggestions, or has noticed anything that needs editing or updating in the ANN of this thread or the main www.MonetaryUnit.org website, please let me know.
I've updated a few things, but it's easy to miss stuff.
Thanks

The site looks amazing. It details each and every feature of MonetaryUnit. I think that you might have missed announcing the ability to mine MUE in the cloud with MUECloud, but I guess it is because I haven't finished it yet.

About the MUEBank, I am not sure if its still alive due to the fact that I have sent around 4 messages (in the contact form) but haven't received any response yet. I wanted to deposit some MUE but I guess I will have to wait to do that. Sad

Hi, yes, as soon as things are underway with MUE cloud we can do some comms on it etc.

MUEbank, Hoosen who runs it did send me a message that he is having PC/connection issues (he used a friends connection to contact me) which is why there is a delay in him replying.
Apologies for that.
He also asked me to do the interest payouts, but I haven't had a chance to do them yet...

edit: yeah Roslinpl did a fantastic job designing the site

Abiky

legendary

Activity: 3220

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www.Crypto.Games: Multiple coins, multiple games

Quote from: bizzyb on January 05, 2016, 06:26:29 AM

If anyone has any suggestions, or has noticed anything that needs editing or updating in the ANN of this thread or the main www.MonetaryUnit.org website, please let me know.
I've updated a few things, but it's easy to miss stuff.
Thanks

The site looks amazing. It details each and every feature of MonetaryUnit. I think that you might have missed announcing the ability to mine MUE in the cloud with MUECloud, but I guess it is because I haven't finished it yet.

About the MUEBank, I am not sure if its still alive due to the fact that I have sent around 4 messages (in the contact form) but haven't received any response yet. I wanted to deposit some MUE but I guess I will have to wait to do that. Sad

bizzyb

legendary

Activity: 1652

Merit: 1001

Don't look at my signature!

If anyone has any suggestions, or has noticed anything that needs editing or updating in the ANN of this thread or the main www.MonetaryUnit.org website, please let me know.
I've updated a few things, but it's easy to miss stuff.
Thanks

bizzyb

legendary

Activity: 1652

Merit: 1001

Don't look at my signature!

Quote from: Abiky on January 04, 2016, 07:57:44 AM

Quote from: bizzyb on January 04, 2016, 07:16:23 AM

Quote from: Abiky on January 04, 2016, 06:45:00 AM

Quote from: bizzyb on January 04, 2016, 04:59:19 AM

There is a miner available for your Android device

https://play.google.com/store/apps/details?id=com.miner.quark

I was 1 thread mining on my phone and hitting 5kh.
Running on an Android mini PC this might work quite nicely as a cheap miner.

I've added a post about this:
http://www.monetaryunit.org/muestuff/mine-mue-using-your-android-device/

Interesting. Never thought about having a quark miner on my Android device. Now with this I could finally put one of my old tablets to good use. Will give this a try. Cheesy

These days I haven't been active much on this thread, but assured that I have been extremely busy working with the cloud mining project and hopefully have the site stable and ready to begin the crowd funding campaign. It is just a matter of days before everything is all set up. About the T-Shirts campaign that I have established, I guess it didn't work out after all, and thus I will find new ways to raise funds for the project.

Together we could make MUE the best crypto currency out there. It all depends whenever the community decides to give its best to it or not.

Yeah, we're going to test it on the remix Android PC
http://www.amazon.co.uk/Remix-Mini-OS-2-0-Android/dp/B017VUUSTY/ref=sr_1_2?ie=UTF8&qid=1451909522&sr=8-2&keywords=remix+pc
We should get significant performance increase over the rpi and a much more versatile device.
We're also going to look at Windows PC sticks too, so we can potentially offer two cheap MUE miner mini PCs.

I will definitely donate to your crowd funding appeal.
I've done a little due diligence and read from your post history, like so many of us, you've been burnt by scam cloud mining companies etc etc and it's nice to see you want to do this a better way, which is what this project, and those of us involved in it are all about too.

Thank you for your support. I was looking into mini stick PCs as well and perhaps you could get a better hashrate with them, especially the Intel Stick PC (I think) And yes, I have passed through a lot of scams since I have first started with Bitcoin, but after all that you get to learn from it and then you will be able to overcome it as time goes by. Most of them were allegedly legit cloud mining operations, but they turned out to be a true scam or ponzi. I will just establish a trustworthy cloud mining service for the benefit of the MUE community and to help it stay for long term. Excellent service and true transparency is the key to maintain it and gain trust from users.

Well those are definitely goals to aim for, but ultimately you have to make sure it's profitable to keep your incentive to maintain the project.
There is nothing wrong with making a profit whilst also offering a valuable service.

Abiky

legendary

Activity: 3220

Merit: 1363

www.Crypto.Games: Multiple coins, multiple games

Quote from: bizzyb on January 04, 2016, 07:16:23 AM

Quote from: Abiky on January 04, 2016, 06:45:00 AM

Quote from: bizzyb on January 04, 2016, 04:59:19 AM

There is a miner available for your Android device

https://play.google.com/store/apps/details?id=com.miner.quark

I was 1 thread mining on my phone and hitting 5kh.
Running on an Android mini PC this might work quite nicely as a cheap miner.

I've added a post about this:
http://www.monetaryunit.org/muestuff/mine-mue-using-your-android-device/

Interesting. Never thought about having a quark miner on my Android device. Now with this I could finally put one of my old tablets to good use. Will give this a try. Cheesy

These days I haven't been active much on this thread, but assured that I have been extremely busy working with the cloud mining project and hopefully have the site stable and ready to begin the crowd funding campaign. It is just a matter of days before everything is all set up. About the T-Shirts campaign that I have established, I guess it didn't work out after all, and thus I will find new ways to raise funds for the project.

Together we could make MUE the best crypto currency out there. It all depends whenever the community decides to give its best to it or not.

Yeah, we're going to test it on the remix Android PC
http://www.amazon.co.uk/Remix-Mini-OS-2-0-Android/dp/B017VUUSTY/ref=sr_1_2?ie=UTF8&qid=1451909522&sr=8-2&keywords=remix+pc
We should get significant performance increase over the rpi and a much more versatile device.
We're also going to look at Windows PC sticks too, so we can potentially offer two cheap MUE miner mini PCs.

I will definitely donate to your crowd funding appeal.
I've done a little due diligence and read from your post history, like so many of us, you've been burnt by scam cloud mining companies etc etc and it's nice to see you want to do this a better way, which is what this project, and those of us involved in it are all about too.

Thank you for your support. I was looking into mini stick PCs as well and perhaps you could get a better hashrate with them, especially the Intel Stick PC (I think) And yes, I have passed through a lot of scams since I have first started with Bitcoin, but after all that you get to learn from it and then you will be able to overcome it as time goes by. Most of them were allegedly legit cloud mining operations, but they turned out to be a true scam or ponzi. I will just establish a trustworthy cloud mining service for the benefit of the MUE community and to help it stay for long term. Excellent service and true transparency is the key to maintain it and gain trust from users.

bizzyb

legendary

Activity: 1652

Merit: 1001

Don't look at my signature!

Quote from: Abiky on January 04, 2016, 06:45:00 AM

Quote from: bizzyb on January 04, 2016, 04:59:19 AM

There is a miner available for your Android device

https://play.google.com/store/apps/details?id=com.miner.quark

I was 1 thread mining on my phone and hitting 5kh.
Running on an Android mini PC this might work quite nicely as a cheap miner.

I've added a post about this:
http://www.monetaryunit.org/muestuff/mine-mue-using-your-android-device/

Interesting. Never thought about having a quark miner on my Android device. Now with this I could finally put one of my old tablets to good use. Will give this a try. Cheesy

These days I haven't been active much on this thread, but assured that I have been extremely busy working with the cloud mining project and hopefully have the site stable and ready to begin the crowd funding campaign. It is just a matter of days before everything is all set up. About the T-Shirts campaign that I have established, I guess it didn't work out after all, and thus I will find new ways to raise funds for the project.

Together we could make MUE the best crypto currency out there. It all depends whenever the community decides to give its best to it or not.

Yeah, we're going to test it on the remix Android PC
http://www.amazon.co.uk/Remix-Mini-OS-2-0-Android/dp/B017VUUSTY/ref=sr_1_2?ie=UTF8&qid=1451909522&sr=8-2&keywords=remix+pc
We should get significant performance increase over the rpi and a much more versatile device.
We're also going to look at Windows PC sticks too, so we can potentially offer two cheap MUE miner mini PCs.

I will definitely donate to your crowd funding appeal.
I've done a little due diligence and read from your post history, like so many of us, you've been burnt by scam cloud mining companies etc etc and it's nice to see you want to do this a better way, which is what this project, and those of us involved in it are all about too.

Abiky

legendary

Activity: 3220

Merit: 1363

www.Crypto.Games: Multiple coins, multiple games

Quote from: bizzyb on January 04, 2016, 04:59:19 AM

There is a miner available for your Android device

https://play.google.com/store/apps/details?id=com.miner.quark

I was 1 thread mining on my phone and hitting 5kh.
Running on an Android mini PC this might work quite nicely as a cheap miner.

I've added a post about this:
http://www.monetaryunit.org/muestuff/mine-mue-using-your-android-device/

Interesting. Never thought about having a quark miner on my Android device. Now with this I could finally put one of my old tablets to good use. Will give this a try. Cheesy

These days I haven't been active much on this thread, but assured that I have been extremely busy working with the cloud mining project and hopefully have the site stable and ready to begin the crowd funding campaign. It is just a matter of days before everything is all set up. About the T-Shirts campaign that I have established, I guess it didn't work out after all, and thus I will find new ways to raise funds for the project.

Together we could make MUE the best crypto currency out there. It all depends whenever the community decides to give its best to it or not.

bizzyb

legendary

Activity: 1652

Merit: 1001

Don't look at my signature!

There is a miner available for your Android device

https://play.google.com/store/apps/details?id=com.miner.quark

I was 1 thread mining on my phone and hitting 5kh.
Running on an Android mini PC this might work quite nicely as a cheap miner.

I've added a post about this:
http://www.monetaryunit.org/muestuff/mine-mue-using-your-android-device/

bizzyb

legendary

Activity: 1652

Merit: 1001

Don't look at my signature!

Quote from: Abiky on December 31, 2015, 08:13:06 PM

Quote from: bizzyb on December 31, 2015, 06:16:23 PM

Quote from: Abiky on December 31, 2015, 05:46:08 PM

Quote from: upgradeadvice on December 31, 2015, 04:17:43 PM

Part of the reason for the price drop is from auto-dumping from yaamp clones and the like. I believe one way to combat this is to mine another coin and request payouts in MUE.

That could be done as well, but maybe I could add this feature to the cloud mining service that I am working on. Users will get the chance to mine other alts as well as Bitcoin and have the ability to request payout either in MUE or BTC. If payout is requested in MUE, there would be no withdrawal fees, but if done with BTC there will be very minimal fees.

Is it a good idea? Roll Eyes

It might be something to look at in the future?
If I was doing this project I would start with straight MUE mining and develop it from there.
Try and keep it as simple as possible initially, gain the experience and market exposure and develop from there would be my suggestion.
This is your project of course, however from my experience, the more cogs in a wheel the more chances that wheel might get stuck and stop moving

I guess you are right mate! I will just focus on MUE mining only and after some time of being successful with the project, I will then consider adding this feature to the MUECloud. Hope this next year could bring a solid community and development to MonetaryUnit.

If we focus on creating an environment for MUE that people will want to be involved with, rather than hoping people will come, or marketing to them asking them to come, then we can build a long term sustainable project.

If we back this up with a "profitable" portfolio of products to support the price, again, this will bring long term sustainable success e.g
www.CoinPon.com
www.MUEcloud.xyz
www.CryptoCoinMarketCap.com
MUElend loans and savings services
"secret project" by Roslinpl (hopefully launching end of Q1 2016)

With the right mentality and people any crypto project "could" be successful, but they are few and far between, and most are involved for short term gain with little substance.

We can do it a different way

Abiky

legendary

Activity: 3220

Merit: 1363

www.Crypto.Games: Multiple coins, multiple games

Quote from: bizzyb on December 31, 2015, 06:16:23 PM

Quote from: Abiky on December 31, 2015, 05:46:08 PM

Quote from: upgradeadvice on December 31, 2015, 04:17:43 PM

Part of the reason for the price drop is from auto-dumping from yaamp clones and the like. I believe one way to combat this is to mine another coin and request payouts in MUE.

That could be done as well, but maybe I could add this feature to the cloud mining service that I am working on. Users will get the chance to mine other alts as well as Bitcoin and have the ability to request payout either in MUE or BTC. If payout is requested in MUE, there would be no withdrawal fees, but if done with BTC there will be very minimal fees.

Is it a good idea? Roll Eyes

It might be something to look at in the future?
If I was doing this project I would start with straight MUE mining and develop it from there.
Try and keep it as simple as possible initially, gain the experience and market exposure and develop from there would be my suggestion.
This is your project of course, however from my experience, the more cogs in a wheel the more chances that wheel might get stuck and stop moving

I guess you are right mate! I will just focus on MUE mining only and after some time of being successful with the project, I will then consider adding this feature to the MUECloud. Hope this next year could bring a solid community and development to MonetaryUnit.

theboccet

legendary

Activity: 1064

Merit: 1000

happy new year to all MUE community!!!!
BIG YES for all the great things that MUE will show us;The cloud is the beginning and then it's up to us to choose what planet to reach!!! the moon is a classic one Wink

Let's be originals Grin

roslinpl

legendary

Activity: 2212

Merit: 1199

Happy New Year to everyone!!

2016 - The Year Of The MUE?

I know for sure that some great things are coming to us this year :-)

Best regards.

bizzyb

legendary

Activity: 1652

Merit: 1001

Don't look at my signature!

Quote from: Abiky on December 31, 2015, 05:46:08 PM

Quote from: upgradeadvice on December 31, 2015, 04:17:43 PM

Part of the reason for the price drop is from auto-dumping from yaamp clones and the like. I believe one way to combat this is to mine another coin and request payouts in MUE.

That could be done as well, but maybe I could add this feature to the cloud mining service that I am working on. Users will get the chance to mine other alts as well as Bitcoin and have the ability to request payout either in MUE or BTC. If payout is requested in MUE, there would be no withdrawal fees, but if done with BTC there will be very minimal fees.

Is it a good idea? Roll Eyes

It might be something to look at in the future?
If I was doing this project I would start with straight MUE mining and develop it from there.
Try and keep it as simple as possible initially, gain the experience and market exposure and develop from there would be my suggestion.
This is your project of course, however from my experience, the more cogs in a wheel the more chances that wheel might get stuck and stop moving

Abiky

legendary

Activity: 3220

Merit: 1363

www.Crypto.Games: Multiple coins, multiple games

Quote from: upgradeadvice on December 31, 2015, 04:17:43 PM

Part of the reason for the price drop is from auto-dumping from yaamp clones and the like. I believe one way to combat this is to mine another coin and request payouts in MUE.

That could be done as well, but maybe I could add this feature to the cloud mining service that I am working on. Users will get the chance to mine other alts as well as Bitcoin and have the ability to request payout either in MUE or BTC. If payout is requested in MUE, there would be no withdrawal fees, but if done with BTC there will be very minimal fees.

Is it a good idea? Roll Eyes

bizzyb

legendary

Activity: 1652

Merit: 1001

Don't look at my signature!

Happy new year everyone.
Make it count

upgradeadvice

full member

Activity: 157

Merit: 100

h͞è̵̸l̨ĺ̶o

bizzyb

legendary

Activity: 1652

Merit: 1001

Don't look at my signature!

Quote from: Abiky on December 30, 2015, 12:55:52 PM

Quote from: bizzyb on December 30, 2015, 10:23:33 AM

Quote from: Abiky on December 30, 2015, 10:15:16 AM

Now this is certainly good stuff for the MUE project. I was thinking about the MUE loans a few days ago and also thought if Poloniex would be a good exchange for MUE as they offer you the ability to lend your coins and maybe this could be achieved with MUE. What you have stated here is an excellent idea. Cheesy

Now I am working on making the MUELotto site which will consist of the ability and buy MUE lottery tickets with BTC or MUE and the winner shall be announced every 30th day of every month. Prizes would consist of huge MUE or BTC bounty (winner's choice)

We did try this a while back
http://www.bitcoinprizedraw.com/
While we didn't have huge success (due to time and fund constraints) it definitely has potential.

Just checked Polo, looks they they are dabbling with offering 3rd party loans, so I've dropped them a feature request message to see if they would consider working with us.
Thanks for the heads up.

Well then if they is already a MUE lottery, then I guess there would be no need for another one right? I mean this one looks great and perhaps we could make this one become successful. And yes, getting Poloniex to work with MUE would be fantastic. Let's hope and see if we get added. Grin

Unless someone else can do a better job?
This project has to be sustainable, and previously I just used my money (with some help) to try to generate some interest, which is not a sustainable way of doing this.
Ideally the lottery has to be at the very least cost neutral, so that would mean we would have to generate revenue by selling MUE to be able to offer BTC prizes (hoping that the buys come from people wanting to send their newly acquired MUE to enter the lottery).
I'm wondering whether in fact it would be more beneficial to the project if the lottery accepted BTC and paid out in BTC, and any revenue generated was simply put into buy support for MUE?
I think the domain is marketable www.BitcoinPrizeDraw.com though it does need a re-design and development.
If anyone knows of available "lottery" type software, let us know.

Abiky

legendary

Activity: 3220

Merit: 1363

www.Crypto.Games: Multiple coins, multiple games

Quote from: Pollak on December 30, 2015, 05:33:37 PM

Good to see some action here.
I thought the team left a while ago that's why the price was going down.

Up to some more Mue Developments!

You said it mate! I hope we could make MUE become one of the best alt coins out there. I have the feeling next year will be the best one yet for MonetaryUnit. Grin

I am finishing the cloud mining site but if anyone have any comments or suggestions on how to make it better, please let me know. I will be glad to answer your concerns about it and help make MUECloud the first and great cloud mining service for MonetaryUnit! Cheesy

Topic: [ANN] MonetaryUnit [MUE] - POS. MasterNodes. Funding. Governance. Services. Devs - page 156. (Read 450714 times)