[ANN][ME] meCoin - INSTANTLY BECOME SEXIER!! (okay not really, but take a look!) - page 2.

DanielRode

newbie

Activity: 7

Merit: 0

Quote from: Loopylew113 on January 17, 2018, 04:32:48 PM

The coin isn't pure PoW, it's a hybrid, as said in FAQ/specs, the wallet hasn't been staking for roughly 1 week, since we figured staking the dev wallet harmed the network and other's chances of staking.
PoW ended at block 1000, we're currently on block 10000.
The half-supply hold is going to be burned publically in the future.

Whoops, meant PoS, and yeah it was......before it was released. You posted this announcement today, and the PoW phase is over, meaning it is now pure PoS.
Therefore new users can ONLY get coins from existing holders, which is you, and people that have paid you.

Quote from: Loopylew113 on January 17, 2018, 04:34:44 PM

Quote from: fulcare on January 17, 2018, 04:27:39 PM

Erm, what precisely is a good reason for this coin to exist at all except for feeding you 5k bucks per month?

The 5k will be used to pay our exchange listing fees, advertising, developer-hires and current team.
Since the coin is currently extremely easy to get hold of, it's worthwhile getting cheap on exchanges (soon to arrive) and holding + staking.
We won't have a use until a few months when the team + community decide on features, as said on the roadmap Wink

Please explain how I can "Easily get ahold of" this coin.......other than giving you money

Loopylew113

newbie

Activity: 41

Merit: 0

Quote from: fulcare on January 17, 2018, 04:27:39 PM

Erm, what precisely is a good reason for this coin to exist at all except for feeding you 5k bucks per month?

The 5k will be used to pay our exchange listing fees, advertising, developer-hires and current team.
Since the coin is currently extremely easy to get hold of, it's worthwhile getting cheap on exchanges (soon to arrive) and holding + staking.
We won't have a use until a few months when the team + community decide on features, as said on the roadmap Wink

Loopylew113

newbie

Activity: 41

Merit: 0

Quote from: DanielRode on January 17, 2018, 04:22:27 PM

Also, as its purely PoW, its impossible to get any coin unless you pay directly to the devs.
I know this would change IF the coin got put on exchanges, but if that doesnt happen or only gets put on small exchanges the coin is DoA as new users can't mine.

EDIT: Also, the devs are staking their own wallets:
http://mecoinx.ml:3333/tx/7b722a59ae464c7e6c8a9d117bae188352f79f34ca5eb120a22439719d6a1bdd

So unless you're willing to throw a ton of money at the devs, they are going to be recieving all the block rewards for a while to come.

So:
Only way to get coins is by PoW, which you can't do unless you buy coins from the devs
The devs currently are staking their massive wallets so they will mine the majority of blocks anyway.
Devs are anonymous, and hold more than half the total supply.

Yup this can only go well

The coin isn't pure PoW, it's a hybrid, as said in FAQ/specs, the wallet hasn't been staking for roughly 1 week, since we figured staking the dev wallet harmed the network and other's chances of staking.
PoW ended at block 1000, we're currently on block 10000.
The half-supply hold is going to be burned publically in the future.

fulcare

sr. member

Activity: 588

Merit: 254

Erm, what precisely is a good reason for this coin to exist at all except for feeding you 5k bucks per month?

DanielRode

newbie

Activity: 7

Merit: 0

Also, as its purely PoW, its impossible to get any coin unless you pay directly to the devs.
I know this would change IF the coin got put on exchanges, but if that doesnt happen or only gets put on small exchanges the coin is DoA as new users can't mine.

EDIT: Also, the devs are staking their own wallets:
http://mecoinx.ml:3333/tx/7b722a59ae464c7e6c8a9d117bae188352f79f34ca5eb120a22439719d6a1bdd

So unless you're willing to throw a ton of money at the devs, they are going to be recieving all the block rewards for a while to come.

So:
Only way to get coins is by PoS, which you can't do unless you buy coins from the devs
The devs currently are staking their massive wallets so they will mine the majority of blocks anyway.
Devs are anonymous, and hold more than half the total supply.

Yup this can only go well

DanielRode

newbie

Activity: 7

Merit: 0

Quote from: meCoinOfficial on January 17, 2018, 04:01:36 PM

Quote from: DanielRode on January 17, 2018, 03:40:46 PM

Massive premine: Check
No whitepaper: Check
Anonymous devs: Check
CopyPaste Coin from walletbuilders.com: Check

Doesn't dare to post from the main account: Check.
Lots of love

Yes, but thats where the key difference between "user"/"customer", and "developer" is.

The developer is the one that is responsible if things go wrong or he doesn't follow through on his pinky promise to not dump the goddamn gigantic premine
Users, especially of crypto, can be as anonymous as they like

But for the reasons above, why would anyone want to use this coin?

Loopylew113

newbie

Activity: 41

Merit: 0

Quote from: meCoinOfficial on January 17, 2018, 04:01:36 PM

Quote from: DanielRode on January 17, 2018, 03:40:46 PM

Massive premine: Check
No whitepaper: Check
Anonymous devs: Check
CopyPaste Coin from walletbuilders.com: Check

Doesn't dare to post from the main account: Check.
Lots of love

...oof, burned!

Loopylew113

newbie

Activity: 41

Merit: 0

@taseigerku

Ohhhhh, like a coin-creation guide? Could do, our discord is where the main stuffsies happen, so we could throw together a guide on using walletbuilders or simply forking another coin, ORRRR, ERC-20 creation!

meCoinOfficial

newbie

Activity: 4

Merit: 0

Quote from: DanielRode on January 17, 2018, 03:40:46 PM

Massive premine: Check
No whitepaper: Check
Anonymous devs: Check
CopyPaste Coin from walletbuilders.com: Check

Doesn't dare to post from the main account: Check.
Lots of love

taseigerku

member

Activity: 112

Merit: 10

how about make me coin to be blockchain coin 101, so newbie can learn about blockchain coin from beginning

Loopylew113

newbie

Activity: 41

Merit: 0

Quote from: DanielRode on January 17, 2018, 03:49:34 PM

1: Anyone can say that, there is nothing at all holding you to it. You're just pinky promising you wont sell it
2: Still no reason not to have a whitepaper. Even shitcoins have whitepapers. Plus, if you're just going to swap and burn why release in current state? Why not release in the form its intended to work in?
3: Talking to someone on the internet does not give them any accountability, the best con artists are the best social engineers. Putting a real name to them means they are showing trust and putting themselves at stake. Otherwise "CryptoDev1388" can't be held accountable.
4: If you're going to swap and burn to an ERC20 token everyone will lose their existing coin? And why not just make an ERC20 token in the first place?

1. Indeed, anybody can, but what if we DO stick to our promises? Not everybody wants to scam Tongue

2. We don't have a whitepaper since currently the coin serves no purpose, as stated in our FAQ (please, PLEASE, read the FAQ)
3. You're correct, anybody can hide behind a monitor and say 'wuhuu this is me!', but, anybody know who Satoshi Nakamoto really is??? Wink

4. Since at the start (now) we have no real purpose, and they're being planned, it is easier to launch early and chat with the community on possible future uses, then use that information to create a new, improved and systematically ran coin, possibly token.

DanielRode

newbie

Activity: 7

Merit: 0

1: Anyone can say that, there is nothing at all holding you to it. You're just pinky promising you wont sell it
2: Still no reason not to have a whitepaper. Even shitcoins have whitepapers. Plus, if you're just going to swap and burn why release in current state? Why not release in the form its intended to work in?
3: Talking to someone on the internet does not give them any accountability, the best con artists are the best social engineers. Putting a real name to them means they are showing trust and putting themselves at stake. Otherwise "CryptoDev1388" can't be held accountable.
4: If you're going to swap and burn to an ERC20 token everyone will lose their existing coin? And why not just make an ERC20 token in the first place?

Loopylew113

newbie

Activity: 41

Merit: 0

Quote from: DanielRode on January 17, 2018, 03:40:46 PM

Massive premine: Check
No whitepaper: Check
Anonymous devs: Check
CopyPaste Coin from walletbuilders.com: Check

1. The roadmap states the spare pre-mine is going to be burned publically, more details inside our discord
2. No whitepaper since currently, our coin is infact a meme-coin Tongue

future swap'n burn plans can be found in our discord again
3.You can meet the developers at a personal level in our discord
4. Indeed, walletbuilders was used to create the draft coin, once our future plans are sorted, we may initiate a swap'n burn to an ERC-20 token, for the last time, more info in out discorrrrd!

meCoinOfficial

newbie

Activity: 4

Merit: 0

Hi everyone!
A lot of fun is happening in our Discord, including contests, bounties, games and tournaments, NSFW and more. Come join ME Wink

!

BTCMINERSdotINFO

newbie

Activity: 58

Merit: 0

POW finished

DanielRode

newbie

Activity: 7

Merit: 0

Massive premine: Check
No whitepaper: Check
Anonymous devs: Check
CopyPaste Coin from walletbuilders.com: Check

Loopylew113

newbie

Activity: 41

Merit: 0

Quote from: jules.verne on January 17, 2018, 03:36:58 PM

Hello there

I dare to reserve French translation :french_bread:
Good luck the team!

jules.verne

member

Activity: 168

Merit: 10

Hello there

I dare to reserve French translation :french_bread:
Good luck the team!

dirruk

full member

Activity: 382

Merit: 100

nice loopy 1 e comment Cheesy

Loopylew113

newbie

Activity: 41

Merit: 0

Topic: [ANN][ME] meCoin - INSTANTLY BECOME SEXIER!! (okay not really, but take a look!) - page 2. (Read 574 times)