Topic: [ANN] [PMC] Premine Coin | Rare | Mining Transaction Fee Proof of Concept - page 255. (Read 382879 times)

Who's the guy selling 50k PMC over at Poloniex?

No Block source available 2 week(s)

What is the problem?

my QT is not working here anyone can help me ?

Just in case some people missed it: Here is the latest post about what is going on in the PMC world. https://bitcointalksearch.org/topic/m.4943177

Dev is active most days. 

Some more activity of the developer would be desirable. But I trust in the coin. 

This - as you said it - are only dream figures, of course. I would be more interested to see this equation for a coin with a marketcap in the common, upper field (~5 mil market cap), as this would be more realistic dreaming for now.

I think one of the core issues that PMC has to tackle and that no one seems to dare to mention is that we are creating value out of thin air here. PMC currently struggles to find a basic price as no one is really able to tell what the bottom value of this coin actually is. Usually, you can create a rough equasion based on power consumption of an average GPU/CPU/ASIC and put it into a relation with the number of coinsed mined per hour/per day and so on. PMC lacks this feature as the rewards are heavily volatile, ranging from 0-5 as I read it right now (of course, the 0 reward issue is currently not existent).

Related to this is the idea of wealth linked to the creation of this coin: There was no IPO (which is good in my opinion), but at the same time no one paid a penny during the distribution phase, so we have no natural value for this coin, it was created out of thin air. I can understand the views of new users that visit this thread and think by themselves "why should I invest in a coin of which I don't even know how well it is distributed (a lot of possible heavy dumps), when I can't even be sure that these coins will ever be worth something?".

We have to address these issues and make clear and transparent statements about the state of the coin and what to expect of it, what is planned for the future and why more people should get involved into this experiment. The market won't wait for us and every day that passes on which we don't actively engage in spreading this coin and the word is fuel for FUD addressing hoarders, sharks and greed.

I want to start right now with a little experiment: Sit back for a minute and think about how we can solve these challenges and contribute to the conversation (and I don't mean one-liners here, I am expecting some thought-through statements that actually push the conversation forward). I am willing to pay 5 PMC to each good contribution (judged by myself) to the conversation, while I am expecting you to spread 2.5 PMC of this to other or new users, you may do with the rest as you please. I will only pay out 5 PMC per person once, but if you continue to contribute in a productive way, I am willing to pay further portions of 1 PMC to you (again: quality is judged by myself, and I am only willing to pay for real contributions).

This coin needs services to give it some value!!!
so...

I recently launched a store, and am selling 0% fees to all of my pools for $1!!! Also selling Computer Parts!

I'd also accept the equivalent in Premine =)
Check it out!!

store.cryptotycoons.com

Also feel free to post items for sale! Its a craigslist style store. Currently prices are listed in $$ due to how unstable the prices are.
In a future release there will be live conversions to various alt coins at the time of listing.
The site handles no coin/money; similar to craigslist, you send an email to the owner to begin negotiations.
Free listing! 0% fees

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So while its currently in the beta, and only shows live prices in $$ instead of coin (next version will have live conversions to supported coins, I think I am the first service to accept Premine! =D

Explorer down?

http://cryptexplorer.com/chain/Premine

my wallet doesnt synch... any ideas?

no block source available