Topic: [ANN][MIN] Minerals - POS | Developing own anon solution | - page 23. (Read 742197 times)

+1

Can't we do a community takeover? Aren't there other devs interested to take over the project of Minerals?

Case closed... So they shut down the block explorer to stealthily get rid of their pool fees and premine, since anon doesn't work. You can't go more anon than that. I hope that the price crashes to 10 sat or below asap.

Well devs have money. They just don't want to spend it on Minerals anymore.

It looks like Minerals is struggling with the exact same issue where most other coins are failing and that is to have the financial support to carry the coin through to implementation and adoption of real life services. That was the only reason anon was recommended. If the devs got anon right quickly they would have been able to carry on with e-betting development without losing momentum and by using the proceeds of selling their own coins for funding the project to completion.

Crypto needs a mindshift from wanting instant gratification to taking a 12 month view. E-betting implementation and adoption will take at least 12 months and this should also be in the planning for the project.  The project and community must plan for this to carry the coping for at least 12 months. If things happen quicker then it is good. If you take a 12 month view it is still early days even for getting anon right. If the dev team have alternative funding then drop the anon and carry on with e-betting.

The price of the coin in the Min context will rise under one of 2 conditions:
1. E-betting works and is adopted widely ouside of the current holders
2. Min can be used by someone else for something else, for example using it to keep other tx private

With option 1 alternative funding have to be found to keep the coin going and the price will remain between 100-133 sats for at least 6 months. The devs and community also need to keep a trading olume avg of 0.1BTC to not be delisted during this time. This can be funded artificially. With option 2 the price might go to 10k, but will take up e-betting dev time but the devs might be able to fund the dev work from coins and the market then also has a bigger chance of maintaining 0.1BTC avg volume. Both options are viabl.e but just need different management strategies.

That is the decision that has to be made.

dropped my 4 months accumulation at a major freaking loss.   bummer.

Hope a nice day when dev bring news to us 

It's so sad to see what the devs make out of this incredible opportunity. NOTHING
Really devastating for the people that believe in the coin, and the community is huge.
But devs that don't want to represent and talk to the investors of their project are just pathetic.


Very good article Hoshimaru.

Price is going way too fast, the buying orders are fading. Damn..

The dev team had to discuss with us their problems IF THEY CARED about this coin, if anon wasn't working then that DOES NOT mean to halt everything and freeze at anon developing step.

Way to go (DOWN) dev. guys..

No man, not because of price - because of lack of motivation. Devs (including me) invested in this project over 4000$. Never had a single dollar back from it, and now they just don't see point in spending more. Dota  2 alone will consume same amount from their pockets, and for what? The results of the tournament was just another price drop. I can offer myself to throw away another 2-3 couple of BTC's, but they may be not. Fundraiser would be an option, but again - how much will it give? 2 BTC's? That will support 2-3 weeks of coders time if we use really cheap workforce. Project of this magnitude requires more than they ready to invest, even since I know for a fact they can afford it.
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Not because of price, really? And the money you get back from it was suppose to be through slowing selling off the Minerals you own, it's not exactly our fault it's worth so little. It's an investment, both time and money. Maybe more community members would be willing to invest money if we saw more of the dev's time being invested into something, but we only see "We're trying anon" then no updates or communication. No one's going to throw money into that black hole, not even the devs want to apparently.

There's still a market for this, there are coins with much higher price tags and far less community. It's the devs choice to continue with their belief in an Esports coin, or to drop it and any of their investments into it and let someone else take that community and market.

Here guys ...

Bitcometrader asked about us on my site. He's the one who donated the additional 10000 Minerals for the Immortals Minerals Invitations. Proof that even outside this forum there are people watching us closely and only ask for more.

http://www.morningminerals.com/?p=530#comment-95

You do realize that the price drop during the tournament was orchestrated probably by the same persons involved leaning on this coin since it was listed on bittrexx? We all remember they didn't want to list it because of the restriction during pow? Right?

You do realize that they have accomplished exactly what they set out to do right? Destroy this coin.

And FYI you are contradicting yourself about price. One sentence saying not about price but in the next stating frustrating with no roi during tournament.

Anyhow, as I said just get back to ebetting. Ask for help from the community. If there is one thing I know about hardcore "gamers" is that a lot are very intelligent, very dedicated and very resourceful. I am sure there is a few talented and "connected" people lurking in this thread who could help out in various ways.

Honestly Hoshimaru, you can easily put your skills to great use promoting other worthwhile coins. I'll be the first one to tell you to drop Minerals, but don't waste your talents.

I've made up my mind and consider Minerals a dead coin unless a u-turn is made or this get resurrected in the future. I'll keep the site, but don't expect news on it unless it's official or something special happens. My last article might be harsh. And I don't mean to offend anyone. My apologies if I do.

Anyway, here it is:

http://www.morningminerals.com/?p=539

Why don't you take minerals?

Bullshit. You said team have enough resources, when community asked about it. Also, over 50% ppl said "screw anon", when team asked about it. You claimed it to be a longterm project, so you're same liar. Fuck you and your team dude.

The only way I see now - search for a new developer, funded by community with MIN. Community is good, many ppl who believed in MIN and lots of usefull persons. It was a mistake leaving it like this, without any words. Community would help out in any kind of situation, but dev just shitted himself and deserves no trust now.

not good with anon feature lets dev come out and inform the community and ask for the next steps what community wants.

You are the honest man. We are trying to be honest with our supporters as well. Both me and other, silent devs.
In my defence I can say that I would done things compleatly different from the start, but I can't guarantee that I would perform better.

The problem is there is no effective working anon solution out there. If for a difference those who claim they have anon will try to actually develop it... Minerals tryed.

Man how is it possible not to make some anon feature when there are dozen coins claiming about it and they dont even have real world usage.
With betting platform with all this support from users how do dev even think about dropping the project. Just can not understand.