Topic: [ANN] [PMC] Premine Coin | Rare | Mining Transaction Fee Proof of Concept - page 117. (Read 382879 times)
February 28, 2014, 05:41:58 PM
Pro-Music-Coin
February 28, 2014, 05:38:01 PM
I've increased my block rewards ten-fold; all rewards will be at least 0.001 PMC now, but because of how my script works the value also goes up by a Premoshi provided the network speed remains relatively constant. There's also some other factors that can increase the reward by many hundreds of Premoshis.
How does Premoshi sound for the smallest unit of PMC?
@Ait: Arr.
How does Premoshi sound for the smallest unit of PMC?
@Ait: Arr.
Premoshi...sounds half way between a mosh pit and one of those cute little moshi monsters - Lol
Also Premite, Premini, Flecks, Prebit...
Prebit sounds quite good.
prebit is quite catchy.
February 28, 2014, 05:35:41 PM
I've increased my block rewards ten-fold; all rewards will be at least 0.001 PMC now, but because of how my script works the value also goes up by a Premoshi provided the network speed remains relatively constant. There's also some other factors that can increase the reward by many hundreds of Premoshis.
How does Premoshi sound for the smallest unit of PMC?
@Ait: Arr.
How does Premoshi sound for the smallest unit of PMC?
@Ait: Arr.
Premoshi...sounds half way between a mosh pit and one of those cute little moshi monsters - Lol
Also Premite, Premini, Flecks, Prebit...
Prebit sounds quite good.
February 28, 2014, 05:34:17 PM
I've increased my block rewards ten-fold; all rewards will be at least 0.001 PMC now, but because of how my script works the value also goes up by a Premoshi provided the network speed remains relatively constant. There's also some other factors that can increase the reward by many hundreds of Premoshis.
How does Premoshi sound for the smallest unit of PMC?
@Ait: Arr.
How does Premoshi sound for the smallest unit of PMC?
@Ait: Arr.
Premoshi...sounds half way between a mosh pit and one of those cute little moshi monsters - Lol
Also Premite, Premini, Flecks, Prebit...
February 28, 2014, 05:30:03 PM
300 pages, yay!
Yes 300 pages is good but we need to use more the official forum.
Many shops ask for official forum and I don't give them our forum because is too empty
And another request is more volume.....yes we all already know this...
Huh, apparently there's an official forum. Guess one learns something new every day
I think keeping this thread up helps us, though.
February 28, 2014, 05:23:45 PM
This is realy a crazy day for PMC. What did you guys think, will be the price in 24h? Can we reach again 1$?
it's always hard for every coin to top the highest
i doubt it reach 200k again probably 80-120k satoshi
I will turn it to more than 40 million market cap soon I've already taken it to a dollar and back I'm the one buying all coins at the moment started around10pm last night UK time You may see me on both exchanges buying all the greedy fucks out I'm going to get the price lower for a while and to the greedy bastard (probably) dev/coin owner with the huge sell wall you will never get that price this early id rather give up on the coin
40 million is a long term view, more thinkable a market cap 0f 4-5 million.
BTW "the greedy bastard" as someone that bought PMC when was very cheap and not the dev that have distributed fairly all the coins. Look at the whole thread and u would see with your eyes
Well that depends on if you believe a month or two is long term? i do in crypto world.
Dumb hoarders who can't release coins slowly and stable are the only ones who can destroy this coin and along as no more fake bitcoin bullshit news is released because everyone likes to panic an sell everything then regret a week later when the price is back to normal i see no problem at all getting this coin right to the top.
But we definitely need a board of something like that with the large hoarders who want to sell i can arrange sales off a exchange to keep the price stable
What ever happened to this guy?? He had me all excited lol.
+1
Probably dumped on one of the sell rushes
Lol, there's a good chance of it.
February 28, 2014, 05:22:22 PM
300 pages, yay!
Yes 300 pages is good but we need to use more the official forum.
Many shops ask for official forum and I don't give them our forum because is too empty
And another request is more volume.....yes we all already know this...
February 28, 2014, 05:17:43 PM
February 28, 2014, 05:15:15 PM
I've increased my block rewards ten-fold; all rewards will be at least 0.001 PMC now, but because of how my script works the value also goes up by a Premoshi provided the network speed remains relatively constant. There's also some other factors that can increase the reward by many hundreds of Premoshis.
How does Premoshi sound for the smallest unit of PMC?
@Ait: Arr.
How does Premoshi sound for the smallest unit of PMC?
@Ait: Arr.
February 28, 2014, 05:14:06 PM
So I would be happy to inject 100 PMC into the block rewards on Sunday if we can draw enough attention to it.
I know, easy come easy go and all that... but if the market keeps following the pattern, we'll soon have to start to operate with a little smaller amounts of PMC or we'll end up giving away cars, yachts and countries
@Ait - The block rewarder is basically Nullu (or JohnnyVicious) sending the coins to himself, and generating a transaction fee with each of those. Just a little way of rewarding miners.
A vanity address is an address that contains letters of your choice, like a vanity plate on a car. Mine is, for example, 1MivexiLEfUVeo13WApbNFHbapKFSkYMo4 . If you're interested, let us know, somebody can generate one for you
So a block rewarder is a piece of hardware, not software?
When you send PMC to someone, sometimes you have to pay a transaction fee. This transaction fee will go into a new block on the network. This block will keep filling up until a miner mines the block, and he gets whatever PMC is in the block; in this case the transaction fees.
What Mine and Johhny's script does it send PMC to ourselves. Over and over again. Generated a steady stream of transaction fees. These end up in new blocks on the network, which miners get when they mine new blocks. Hence "Block Rewarder".
We are basically injecting our own PMC into new blocks for miners.
Ahhh OK...think I'm getting it, so the blocks are like treasure chests and PMCs are like Doubloons and the transaction fees like little flecks of gold that rub off the Doubloon everytime they are exchanged. So when a coin is exchanged a fleck of gold goes into the treasure chest filling it up, once it's filled the Pirates (miners), can dig it up and the process starts again. Can you dig up a half filled treasure chest, or can it only be dug up once filled?
*I bet you were all thinking that what PMC really needed was a pirate analogy*
You can dig up a half-filled chest, or even an empty chest sometimes. And Nullu and JohnnyVicious are basically throwing their doubloons from one hand to the other to rub off those gold flecks and put them in chests, so no pirate gets angry after mining an empty one
Lol - well thank you One-eyed JohnnyVicious and Dread Pirate Nullu!
February 28, 2014, 05:11:16 PM
So I would be happy to inject 100 PMC into the block rewards on Sunday if we can draw enough attention to it.
I know, easy come easy go and all that... but if the market keeps following the pattern, we'll soon have to start to operate with a little smaller amounts of PMC or we'll end up giving away cars, yachts and countries
@Ait - The block rewarder is basically Nullu (or JohnnyVicious) sending the coins to himself, and generating a transaction fee with each of those. Just a little way of rewarding miners.
A vanity address is an address that contains letters of your choice, like a vanity plate on a car. Mine is, for example, 1MivexiLEfUVeo13WApbNFHbapKFSkYMo4 . If you're interested, let us know, somebody can generate one for you
So a block rewarder is a piece of hardware, not software?
When you send PMC to someone, sometimes you have to pay a transaction fee. This transaction fee will go into a new block on the network. This block will keep filling up until a miner mines the block, and he gets whatever PMC is in the block; in this case the transaction fees.
What Mine and Johhny's script does it send PMC to ourselves. Over and over again. Generated a steady stream of transaction fees. These end up in new blocks on the network, which miners get when they mine new blocks. Hence "Block Rewarder".
We are basically injecting our own PMC into new blocks for miners.
Ahhh OK...think I'm getting it, so the blocks are like treasure chests and PMCs are like Doubloons and the transaction fees like little flecks of gold that rub off the Doubloon everytime they are exchanged. So when a coin is exchanged a fleck of gold goes into the treasure chest filling it up, once it's filled the Pirates (miners), can dig it up and the process starts again. Can you dig up a half filled treasure chest, or can it only be dug up once filled?
*I bet you were all thinking that what PMC really needed was a pirate analogy*
You can dig up a half-filled chest, or even an empty chest sometimes. And Nullu and JohnnyVicious are basically throwing their doubloons from one hand to the other to rub off those gold flecks and put them in chests, so no pirate gets angry after mining an empty one
February 28, 2014, 05:09:55 PM
So I would be happy to inject 100 PMC into the block rewards on Sunday if we can draw enough attention to it.
I know, easy come easy go and all that... but if the market keeps following the pattern, we'll soon have to start to operate with a little smaller amounts of PMC or we'll end up giving away cars, yachts and countries
@Ait - The block rewarder is basically Nullu (or JohnnyVicious) sending the coins to himself, and generating a transaction fee with each of those. Just a little way of rewarding miners.
A vanity address is an address that contains letters of your choice, like a vanity plate on a car. Mine is, for example, 1MivexiLEfUVeo13WApbNFHbapKFSkYMo4 . If you're interested, let us know, somebody can generate one for you
So a block rewarder is a piece of hardware, not software?
When you send PMC to someone, sometimes you have to pay a transaction fee. This transaction fee will go into a new block on the network. This block will keep filling up until a miner mines the block, and he gets whatever PMC is in the block; in this case the transaction fees.
What Mine and Johhny's script does it send PMC to ourselves. Over and over again. Generated a steady stream of transaction fees. These end up in new blocks on the network, which miners get when they mine new blocks. Hence "Block Rewarder".
We are basically injecting our own PMC into new blocks for miners.
Ahhh OK...think I'm getting it, so the blocks are like treasure chests and PMCs are like Doubloons and the transaction fees like little flecks of gold that rub off the Doubloon everytime they are exchanged. So when a coin is exchanged a fleck of gold goes into the treasure chest filling it up, once it's filled the Pirates (miners), can dig it up and the process starts again. Can you dig up a half filled treasure chest, or can it only be dug up once filled?
*I bet you were all thinking that what PMC really needed was a pirate analogy*
That's quite a nice analogy. Yes. The treasure chest can be dug up at any time. The pirate with the faster ship will stand the best chance of finding it first.
The block will just keep filling until someone solves the block and a new one is generated. They are independent processes. Like pouring sand into a row of cups. How much sand ends up in each cup depends on how quickly the row of cups is pushed across the table.
February 28, 2014, 05:07:02 PM
I only catch 5 PMC a day thru mining so I'm still spending about 150 PMC a week on my block rewarder.
My wallet runs stable now after a few tweaks to the script, gonna generate a new 'FREE' vanity address tho since the block explorer can't show it anymore.
Funny part is that I'm the one generating almost all of the 0.00 blocks, doesn't really matter if we start rewarding those
My wallet runs stable now after a few tweaks to the script, gonna generate a new 'FREE' vanity address tho since the block explorer can't show it anymore.
Funny part is that I'm the one generating almost all of the 0.00 blocks, doesn't really matter if we start rewarding those
That's a lot of PMC to be giving away. Do you think it would have an impact if I matched that level for a few weeks? I can afford to, but obviously my supplies are finite as well. I could try it for a few weeks. Right now my payouts are around 0.0001, but I could up that to 0.001.
February 28, 2014, 05:05:42 PM
So I would be happy to inject 100 PMC into the block rewards on Sunday if we can draw enough attention to it.
I know, easy come easy go and all that... but if the market keeps following the pattern, we'll soon have to start to operate with a little smaller amounts of PMC or we'll end up giving away cars, yachts and countries
@Ait - The block rewarder is basically Nullu (or JohnnyVicious) sending the coins to himself, and generating a transaction fee with each of those. Just a little way of rewarding miners.
A vanity address is an address that contains letters of your choice, like a vanity plate on a car. Mine is, for example, 1MivexiLEfUVeo13WApbNFHbapKFSkYMo4 . If you're interested, let us know, somebody can generate one for you
So a block rewarder is a piece of hardware, not software?
When you send PMC to someone, sometimes you have to pay a transaction fee. This transaction fee will go into a new block on the network. This block will keep filling up until a miner mines the block, and he gets whatever PMC is in the block; in this case the transaction fees.
What Mine and Johhny's script does it send PMC to ourselves. Over and over again. Generated a steady stream of transaction fees. These end up in new blocks on the network, which miners get when they mine new blocks. Hence "Block Rewarder".
We are basically injecting our own PMC into new blocks for miners.
Ahhh OK...think I'm getting it, so the blocks are like treasure chests and PMCs are like Doubloons and the transaction fees like little flecks of gold that rub off the Doubloon everytime they are exchanged. So when a coin is exchanged a fleck of gold goes into the treasure chest filling it up, once it's filled the Pirates (miners), can dig it up and the process starts again. Can you dig up a half filled treasure chest, or can it only be dug up once filled?
*I bet you were all thinking that what PMC really needed was a pirate analogy*
February 28, 2014, 05:00:48 PM
This is realy a crazy day for PMC. What did you guys think, will be the price in 24h? Can we reach again 1$?
it's always hard for every coin to top the highest
i doubt it reach 200k again probably 80-120k satoshi
I will turn it to more than 40 million market cap soon I've already taken it to a dollar and back I'm the one buying all coins at the moment started around10pm last night UK time You may see me on both exchanges buying all the greedy fucks out I'm going to get the price lower for a while and to the greedy bastard (probably) dev/coin owner with the huge sell wall you will never get that price this early id rather give up on the coin
40 million is a long term view, more thinkable a market cap 0f 4-5 million.
BTW "the greedy bastard" as someone that bought PMC when was very cheap and not the dev that have distributed fairly all the coins. Look at the whole thread and u would see with your eyes
Well that depends on if you believe a month or two is long term? i do in crypto world.
Dumb hoarders who can't release coins slowly and stable are the only ones who can destroy this coin and along as no more fake bitcoin bullshit news is released because everyone likes to panic an sell everything then regret a week later when the price is back to normal i see no problem at all getting this coin right to the top.
But we definitely need a board of something like that with the large hoarders who want to sell i can arrange sales off a exchange to keep the price stable
What ever happened to this guy?? He had me all excited lol.
+1
Probably dumped on one of the sell rushes
February 28, 2014, 05:00:06 PM
This is realy a crazy day for PMC. What did you guys think, will be the price in 24h? Can we reach again 1$?
it's always hard for every coin to top the highest
i doubt it reach 200k again probably 80-120k satoshi
I will turn it to more than 40 million market cap soon I've already taken it to a dollar and back I'm the one buying all coins at the moment started around10pm last night UK time You may see me on both exchanges buying all the greedy fucks out I'm going to get the price lower for a while and to the greedy bastard (probably) dev/coin owner with the huge sell wall you will never get that price this early id rather give up on the coin
40 million is a long term view, more thinkable a market cap 0f 4-5 million.
BTW "the greedy bastard" as someone that bought PMC when was very cheap and not the dev that have distributed fairly all the coins. Look at the whole thread and u would see with your eyes
Well that depends on if you believe a month or two is long term? i do in crypto world.
Dumb hoarders who can't release coins slowly and stable are the only ones who can destroy this coin and along as no more fake bitcoin bullshit news is released because everyone likes to panic an sell everything then regret a week later when the price is back to normal i see no problem at all getting this coin right to the top.
But we definitely need a board of something like that with the large hoarders who want to sell i can arrange sales off a exchange to keep the price stable
What ever happened to this guy?? He had me all excited lol.
+1
February 28, 2014, 04:58:25 PM
So I would be happy to inject 100 PMC into the block rewards on Sunday if we can draw enough attention to it.
I know, easy come easy go and all that... but if the market keeps following the pattern, we'll soon have to start to operate with a little smaller amounts of PMC or we'll end up giving away cars, yachts and countries
@Ait - The block rewarder is basically Nullu (or JohnnyVicious) sending the coins to himself, and generating a transaction fee with each of those. Just a little way of rewarding miners.
A vanity address is an address that contains letters of your choice, like a vanity plate on a car. Mine is, for example, 1MivexiLEfUVeo13WApbNFHbapKFSkYMo4 . If you're interested, let us know, somebody can generate one for you
So a block rewarder is a piece of hardware, not software?
No, it's a script - a piece of software. Just sends transactions from one address to another back and forth
Ahh OK, from one wallet address to another? Why don't we all use block rewarders?
The transaction fees are taken out of your own coins. So you're basically donating your PMC to new blocks on the network.
February 28, 2014, 04:56:50 PM
So I would be happy to inject 100 PMC into the block rewards on Sunday if we can draw enough attention to it.
I know, easy come easy go and all that... but if the market keeps following the pattern, we'll soon have to start to operate with a little smaller amounts of PMC or we'll end up giving away cars, yachts and countries
@Ait - The block rewarder is basically Nullu (or JohnnyVicious) sending the coins to himself, and generating a transaction fee with each of those. Just a little way of rewarding miners.
A vanity address is an address that contains letters of your choice, like a vanity plate on a car. Mine is, for example, 1MivexiLEfUVeo13WApbNFHbapKFSkYMo4 . If you're interested, let us know, somebody can generate one for you
So a block rewarder is a piece of hardware, not software?
When you send PMC to someone, sometimes you have to pay a transaction fee. This transaction fee will go into a new block on the network. This block will keep filling up until a miner mines the block, and he gets whatever PMC is in the block; in this case the transaction fees.
What Mine and Johhny's script does it send PMC to ourselves. Over and over again. Generated a steady stream of transaction fees. These end up in new blocks on the network, which miners get when they mine new blocks. Hence "Block Rewarder".
We are basically injecting our own PMC into new blocks for miners.
February 28, 2014, 04:56:20 PM
This is realy a crazy day for PMC. What did you guys think, will be the price in 24h? Can we reach again 1$?
it's always hard for every coin to top the highest
i doubt it reach 200k again probably 80-120k satoshi
I will turn it to more than 40 million market cap soon I've already taken it to a dollar and back I'm the one buying all coins at the moment started around10pm last night UK time You may see me on both exchanges buying all the greedy fucks out I'm going to get the price lower for a while and to the greedy bastard (probably) dev/coin owner with the huge sell wall you will never get that price this early id rather give up on the coin
40 million is a long term view, more thinkable a market cap 0f 4-5 million.
BTW "the greedy bastard" as someone that bought PMC when was very cheap and not the dev that have distributed fairly all the coins. Look at the whole thread and u would see with your eyes
Well that depends on if you believe a month or two is long term? i do in crypto world.
Dumb hoarders who can't release coins slowly and stable are the only ones who can destroy this coin and along as no more fake bitcoin bullshit news is released because everyone likes to panic an sell everything then regret a week later when the price is back to normal i see no problem at all getting this coin right to the top.
But we definitely need a board of something like that with the large hoarders who want to sell i can arrange sales off a exchange to keep the price stable
What ever happened to this guy?? He had me all excited lol.
February 28, 2014, 04:56:01 PM
So I would be happy to inject 100 PMC into the block rewards on Sunday if we can draw enough attention to it.
I know, easy come easy go and all that... but if the market keeps following the pattern, we'll soon have to start to operate with a little smaller amounts of PMC or we'll end up giving away cars, yachts and countries
@Ait - The block rewarder is basically Nullu (or JohnnyVicious) sending the coins to himself, and generating a transaction fee with each of those. Just a little way of rewarding miners.
A vanity address is an address that contains letters of your choice, like a vanity plate on a car. Mine is, for example, 1MivexiLEfUVeo13WApbNFHbapKFSkYMo4 . If you're interested, let us know, somebody can generate one for you
So a block rewarder is a piece of hardware, not software?
No, it's a script - a piece of software. Just sends transactions from one address to another back and forth
Ahh OK, from one wallet address to another? Why don't we all use block rewarders?
You can, and should, always send your transactions (for example, to Poloniex, or to any one of us) with a fee attached.
These guys just go one step further and generate transactions to themselves just so that they can put a fee and reward the miners
It is a bit costly, though, and not everybody has enough PMC to keep such a thing running.
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