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Topic: [ANN] [PMC] Premine Coin | Rare | Mining Transaction Fee Proof of Concept - page 62. (Read 382879 times)

hero member
Activity: 532
Merit: 500
The dev is gone, this coin is dead.
The dev is not gone, he made if perfectly clear he would not be around for a few days over the weekend due to some personal matters.
Nice trolling though  Roll Eyes
Watching this post and poloniex charts, i repeat, this coin is dead. To be honest the best thing right now to do is to collect half of premine from bagholders (250,000) and distribute them to a random population. This type of distribution seems to be the best right now. A new coin as I read could be interesting but on the other hand it would be like an admission that this coin is a scam.
I really appreciate the idea behind this coin to simulate bitcoin future but sould be better if at the start the coin had distributed among more people possible. Yup, you probably had more noobs and newbies around premine now but look at doge or max or aur, in cryptoworls we have need of these kind of people to create an hype and interest in a new coin.

All you do is come here and criticise. You never seem to have anything constructive to say.

PMC is not going to become a 50% premineed coin. Most, if not all of those are scams. Mazacoin? Yeah, dead.

Honestly, if you dislike PMC that much, why are you even here? If you don't like it, there are plenty of other altcoins.

http://blockchain.premineco.in/stats/

Hashrate on average has actually increased over the last few days.

So much for dead coin.  Roll Eyes

The distribution is no better or worse than NXT or Bitcoin. Even Faircoin has arguably some bad apples who cheated the distribution phase. There's no such thing as fair distribution. But PMC has been one of the fairest.

Last month the trend was extremely small total number of coins. 1, 6, 8, whatever. That was a fad. 50% Premined country coins is just another fad. Pump and dumps. PMC is not a pump and dump coin, so it's in the boat as all the other alts. Just because it's not being pumped to the moon and dumped does not mean PMC is not a great coin.
member
Activity: 84
Merit: 10
The dev is gone, this coin is dead.
The dev is not gone, he made if perfectly clear he would not be around for a few days over the weekend due to some personal matters.
Nice trolling though  Roll Eyes
Watching this post and poloniex charts, i repeat, this coin is dead. To be honest the best thing right now to do is to collect half of premine from bagholders (250,000) and distribute them to a random population. This type of distribution seems to be the best right now. A new coin as I read could be interesting but on the other hand it would be like an admission that this coin is a scam.
I really appreciate the idea behind this coin to simulate bitcoin future but sould be better if at the start the coin had distributed among more people possible. Yup, you probably had more noobs and newbies around premine now but look at doge or max or aur, in cryptoworls we have need of these kind of people to create an hype and interest in a new coin.
hero member
Activity: 910
Merit: 1000
The dev is gone, this coin is dead.
The dev is not gone, he made if perfectly clear he would not be around for a few days over the weekend due to some personal matters.
Nice trolling though  Roll Eyes
member
Activity: 84
Merit: 10
The dev is gone, this coin is dead.

Quote
Last Active:    Today at 03:13:43 PM

Last post 13 March, sorry but this is the reality. Probably he dumped all his coins Cheesy
hero member
Activity: 532
Merit: 500
The dev is gone, this coin is dead.

Quote
Last Active:    Today at 03:13:43 PM
member
Activity: 84
Merit: 10
The dev is gone, this coin is dead.
sr. member
Activity: 406
Merit: 250
Hello! Send me a message.
It seems like we have a lot of non-issues here.
The coin has done exactly what it was supposed to. It is not supposed to distribute any more coins after its initial distribution. We don't want an infinitely distributing coin (i.e. bitcoin will distribute for 100 years+). At some point it has to stop distributing to people for free.
It has achieved value now and that is the reward for holding on to it.

When we received PMC from initial distribution it was worthless.

If you give people a worthless amount of PMC today (i.e. 7 PMC) they cry and whine like that spyro bitch. "Your initial stake is now worth X dollars! Give me X dollars worth of PMC!" I'm sorry but thats not how the world works. That would be unsustainable. You weren't there at the initial distribution which was free and open to everyone and that is something that you will have to deal with. You don't go up to bitcoin millionaires and say "you mined thousands of BTC with your laptop! Give me some of those bitcoins!!", or maybe spyro is the kind of person to do that?

No one else is complaining about PMC distribution. You are validating his irrational concerns.


So with that being said, it does seem that the PMC distribution was too sudden. I will agree with this point.

PMC could have dragged out the distribution process. Better yet would have been to innovate or add something that people would use the coin for. If no one is sending pmc then no one can mine PMC. I don't believe creating a PMC2 is a good idea because it implies there is a problem with the original, when in fact it is functioning exactly as it was designed to.

Should we remake bitcoin into bitcoin2 so as to redistribute the coins more evenly? of course not.
Making fees mandatory is a great start. Creating some gambling sites would help. The multipool is proactive.
We need more ideas like this.
I feel that if we keep both PMC and PMC2 alive, it doesn't give off that appearance. PMC2 would simply be a branch off of the PMC ecosystem to include more things. Currently PMC is limited to only showing BTCs future in its current iteration. My proposal was to create a second coin, that does not replace PMC, but builds off the concept, that will focuses on the possible changes BTC could make; it'd be a trial run for any future forks, bug fixes, or newly integrated features of BTC or any other coin. Creating PMC2 as a PMC Proof of Burn IPO would encourage people to buy PMC, and would also encourage people to hold more PMC since the total amount of coin is decreasing, which should mean an increase in value.

So we are left with a better distributed, more valuable PMC, and a new 2nd coin, unique in that it promises to always have the latest and greatest ideas implemented into it (pmc2), which by design also promises multiple forks over the course of even a single year. This is very unique, I don't know of any other coin that promises from the start to fork every few weeks to implement a new technology. I'm sure it'll drive some exchanges crazy, having to constantly update, but at the same time theres some definate value in promising to never be behind the curve in features.

TO be clear, I am not proposing we remake PMC. I am proposing we create a 2nd coin that enhances PMC's current situation while building off of the fundamentals of PMC, exploring what btc, and now other coins, will look like in the future.

I totally agree with PMC2. That is the only way we could create further demand for the coin PMC. Unless , you have any other idea? If not then lets proceed with this plan.
hero member
Activity: 910
Merit: 1000
It seems like we have a lot of non-issues here.
The coin has done exactly what it was supposed to. It is not supposed to distribute any more coins after its initial distribution. We don't want an infinitely distributing coin (i.e. bitcoin will distribute for 100 years+). At some point it has to stop distributing to people for free.
It has achieved value now and that is the reward for holding on to it.

When we received PMC from initial distribution it was worthless.

If you give people a worthless amount of PMC today (i.e. 7 PMC) they cry and whine like that spyro bitch. "Your initial stake is now worth X dollars! Give me X dollars worth of PMC!" I'm sorry but thats not how the world works. That would be unsustainable. You weren't there at the initial distribution which was free and open to everyone and that is something that you will have to deal with. You don't go up to bitcoin millionaires and say "you mined thousands of BTC with your laptop! Give me some of those bitcoins!!", or maybe spyro is the kind of person to do that?

No one else is complaining about PMC distribution. You are validating his irrational concerns.


So with that being said, it does seem that the PMC distribution was too sudden. I will agree with this point.

PMC could have dragged out the distribution process. Better yet would have been to innovate or add something that people would use the coin for. If no one is sending pmc then no one can mine PMC. I don't believe creating a PMC2 is a good idea because it implies there is a problem with the original, when in fact it is functioning exactly as it was designed to.

Should we remake bitcoin into bitcoin2 so as to redistribute the coins more evenly? of course not.
Making fees mandatory is a great start. Creating some gambling sites would help. The multipool is proactive.
We need more ideas like this.
I feel that if we keep both PMC and PMC2 alive, it doesn't give off that appearance. PMC2 would simply be a branch off of the PMC ecosystem to include more things. Currently PMC is limited to only showing BTCs future in its current iteration. My proposal was to create a second coin, that does not replace PMC, but builds off the concept, that will focuses on the possible changes BTC could make; it'd be a trial run for any future forks, bug fixes, or newly integrated features of BTC or any other coin. Creating PMC2 as a PMC Proof of Burn IPO would encourage people to buy PMC, and would also encourage people to hold more PMC since the total amount of coin is decreasing, which should mean an increase in value.

So we are left with a better distributed, more valuable PMC, and a new 2nd coin, unique in that it promises to always have the latest and greatest ideas implemented into it (pmc2), which by design also promises multiple forks over the course of even a single year. This is very unique, I don't know of any other coin that promises from the start to fork every few weeks to implement a new technology. I'm sure it'll drive some exchanges crazy, having to constantly update, but at the same time theres some definate value in promising to never be behind the curve in features.

TO be clear, I am not proposing we remake PMC. I am proposing we create a 2nd coin that enhances PMC's current situation while building off of the fundamentals of PMC, exploring what btc, and now other coins, will look like in the future.
member
Activity: 98
Merit: 10
I would rememmber all to continue voting on mintpal.

Now you have to be registered and have at least one trading.

https://www.mintpal.com/voting
sr. member
Activity: 350
Merit: 250
Vires in Numeris
It seems like we have a lot of non-issues here.
The coin has done exactly what it was supposed to. It is not supposed to distribute any more coins after its initial distribution. We don't want an infinitely distributing coin (i.e. bitcoin will distribute for 100 years+). At some point it has to stop distributing to people for free.
It has achieved value now and that is the reward for holding on to it.

When we received PMC from initial distribution it was worthless.

If you give people a worthless amount of PMC today (i.e. 7 PMC) they cry and whine like that spyro bitch. "Your initial stake is now worth X dollars! Give me X dollars worth of PMC!" I'm sorry but thats not how the world works. That would be unsustainable. You weren't there at the initial distribution which was free and open to everyone and that is something that you will have to deal with. You don't go up to bitcoin millionaires and say "you mined thousands of BTC with your laptop! Give me some of those bitcoins!!", or maybe spyro is the kind of person to do that?

No one else is complaining about PMC distribution. You are validating his irrational concerns.


So with that being said, it does seem that the PMC distribution was too sudden. I will agree with this point.

PMC could have dragged out the distribution process. Better yet would have been to innovate or add something that people would use the coin for. If no one is sending pmc then no one can mine PMC. I don't believe creating a PMC2 is a good idea because it implies there is a problem with the original, when in fact it is functioning exactly as it was designed to.

Should we remake bitcoin into bitcoin2 so as to redistribute the coins more evenly? of course not.
Making fees mandatory is a great start. Creating some gambling sites would help. The multipool is proactive.
We need more ideas like this.
member
Activity: 114
Merit: 11
I'll keep supporting miners for as long as I need to, and as long as I can. It's costing me a few PMC a day, but what the hell. At least I can say I'm doing my part.

We need more transactions with fees, has the client made fees mandatory yet?
full member
Activity: 130
Merit: 100
I'll keep supporting miners for as long as I need to, and as long as I can. It's costing me a few PMC a day, but what the hell. At least I can say I'm doing my part.

Sent some PMC to further the efforts...
legendary
Activity: 1246
Merit: 1000
I think multipool is the best option too. When BC implemented it I immediately thought this is like PMC on steroids, a completely mined out coin using its non-inflationary status to make it a long-term investment, the difference is with only 500k coins PMC could be the gold status against other higher volume PoW coins plus the more value is brought into PMC by a multipool buying and reselling, the more it ALSO encourages people to mine for the bigger TX fees as well.

hero member
Activity: 532
Merit: 500
I'll keep supporting miners for as long as I need to, and as long as I can. It's costing me a few PMC a day, but what the hell. At least I can say I'm doing my part.

I wonder if we could incorporate using donations from a multipool to fund PMC miners?

Sounds feasible. I really like the idea of a multipool for PMC, though. It would be ideal.
sr. member
Activity: 476
Merit: 250
sr. member
Activity: 280
Merit: 250
I'll keep supporting miners for as long as I need to, and as long as I can. It's costing me a few PMC a day, but what the hell. At least I can say I'm doing my part.

I wonder if we could incorporate using donations from a multipool to fund PMC miners?
full member
Activity: 196
Merit: 100
I'll keep supporting miners for as long as I need to, and as long as I can. It's costing me a few PMC a day, but what the hell. At least I can say I'm doing my part.

Thanks dude! The community needs people like you!
hero member
Activity: 532
Merit: 500
I'll keep supporting miners for as long as I need to, and as long as I can. It's costing me a few PMC a day, but what the hell. At least I can say I'm doing my part.
sr. member
Activity: 280
Merit: 250
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