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Topic: eMunie Beta Test - page 2. (Read 6791 times)

legendary
Activity: 1078
Merit: 1002
Bitcoin is new, makes sense to hodl.
January 12, 2014, 01:24:44 AM
#94
As far as I read there's not many of advantages investing the beta-presale phase except bigger the investment cap (500K vs 100k emu), so for investors looking forward to convert some btcs to emu, it would be better to invest in the last day, assuming that btc price is getting higher every day.

Am I right?
member
Activity: 62
Merit: 10
January 11, 2014, 06:05:39 PM
#93


Well I believe this is also a pretty easy thing to validate up to a few thousand eMu (which isn't such a big amount after all).
The investments are done on 3 fronts: 1. BTC, 2. LTC, 3. Wire transfers.
Wire transfers are harder to track, but looking in the blockchain to see total BTC and LTC sent to the addresses Fuserleer uses for these investments can be a pretty good indicator as to how much has been invested from the outside give or take a few % invested by wire transfers.

You really think it's easy to prove transfers aren't done by sock puppets?
eid
hero member
Activity: 616
Merit: 500
January 11, 2014, 04:05:26 PM
#92
Updated initial post to reflect the answers on here

Thank you tk.


By the way, if anyone wants a good look at the client, theres a nice webpage here which one of our members made:

http://hatcher.io
legendary
Activity: 1148
Merit: 1014
In Satoshi I Trust
January 11, 2014, 04:02:51 PM
#91
i will wait for zerocoin.
legendary
Activity: 1512
Merit: 1124
Invest in your knowledge
January 11, 2014, 03:59:37 PM
#90
Updated initial post to reflect the answers on here
legendary
Activity: 1096
Merit: 1067
January 11, 2014, 03:52:45 PM
#89
Emunie won't get any support here, if you can't mine it and dump it straight on the nearest exchange then its of zero interest. Hope more coins will be offered to investors ahead of miners in future might cut down the quantity of dead end altcoins.
newbie
Activity: 22
Merit: 0
January 11, 2014, 03:30:37 PM
#88
Can some check these blockchains to cinfirm the numbers.

Then people can stop with the scam comments
newbie
Activity: 19
Merit: 0
January 11, 2014, 01:08:20 PM
#87
There seems to be the idea that there are only a few beta-testers and so how is it that they are able to come up with 600 BTC?

Actually there are:
- 81 founders
- 347 beta testers
- 3 administrators
- 8 moderators
Total: 439
Press more search options here: http://forum.emunie.com/index.php?app=members&module=list

600 BTC/439 Investors = 1.36 BTC per 1 Investor
Is it too much?
newbie
Activity: 19
Merit: 0
January 11, 2014, 12:51:42 PM
#86
Is there some way to audit how much Fuserleer create for himself, his friends etc.? Fully anonymous system? That means no way for independent checking? How can outsiders know how much of that declared presale investment is just an excuse to create emunies for himself to stash away.

Anyway, when will the whitepaper with lots of details come out? It was supposed to be some time ago.

There will be publicly available information on all the pre-launch investments made, and the amount of eMu.

There will also be a block explorer of such, so with that in mind, ANYONE can cross check that the amount of invested is equal (or close to save for tester bonuses and rounding) to amount of eMu created.

I CAN NOT create additional eMu after the genesis block and wallets, that is governed and controlled by the supply algorithms and is distributed to balance holders and hatchers as per the rules of the system (which have been documented in various threads over and over).

I'm not even bothering to answer eMules FUD.

I was not talking about whether the total amount of emunie created is consistent with what is entailed by the total investment declared and unit price in presale. I was asking about how is it possible for the outside world to know the investors in presale are all real entities independent of you.

Are you going to reveal the identities of all investors? If some names are disclosed, how can people verify that none of them are fictitious, or as forum lingo goes, your sock puppets? With a totally anonymous system (let's assume you're successful with that), is it even possible to show you do not own more emunie than you'd like to tell? Is this a matter that can only be taken on faith?

If there is indeed no way to confirm the truth one way or another, why wouldn't one take this chance to acquire a big stash secretly? Who is to say one should not profit from his hard work, earn well for his talent, or a potentially revolutionary project should not let its visionary architect reap great rewards? Surely, it's easy to trust yourself in never crashing the market with it, to reason an emergency fund must be set aside just in case, and to believe it'd only strengthen your guiding hand to help emunie fulfill your vision. It's really not hard to convince oneself that apart from being the profitable thing to do, this is in fact the right thing to do.

I'm not writing to say you shouldn't do it either. I'm just highlighting the possibility or should I say, opportunity.  Wink


Well I believe this is also a pretty easy thing to validate up to a few thousand eMu (which isn't such a big amount after all).
The investments are done on 3 fronts: 1. BTC, 2. LTC, 3. Wire transfers.
Wire transfers are harder to track, but looking in the blockchain to see total BTC and LTC sent to the addresses Fuserleer uses for these investments can be a pretty good indicator as to how much has been invested from the outside give or take a few % invested by wire transfers.
eid
hero member
Activity: 616
Merit: 500
January 11, 2014, 07:26:07 AM
#85
I made a post on emunie's forum this morning addressing one of the issues in this thread. I'll just paste it here for your information:



There seems to be the idea that there are only a few beta-testers and so how is it that they are able to come up with 600 BTC? I think this idea has been spread by someone intentionally trying to cause FUD. As well as the testers I speak with on a daily basis, there are many given that rank who (as far as I can see) don't participate in the testing at all.

I also wonder, how exactly do you think you know how many testers there are? Where are you getting your information (if not out of thin air, or the misinformation of others)?

 This pre-sale for the beta-testers is also for the founders. Do you know how many of those there are? I think if you do some research, you'll realise that 600BTC isn't such an unlikely figure as you imagine.

 What you (or anyone who desires the truth) should do now, is go to the top of this board (forum.emunie.com) where you will find a tab named "members". If you go into this tab and click on "More Search Options", you will be able to show members of a certain rank. I encourage you to count how many beta-testers and founders emunie has. All of those have access to this sale, regardless of how much testing, or posting they do.

.
eid
hero member
Activity: 616
Merit: 500
January 11, 2014, 07:07:29 AM
#84
hello some tester know if like 1k new emu generated in system, how many give to the holders and how mang to the hatchers?

The idea is 50/50 at present. I'm not sure if that's set in stone though.
newbie
Activity: 7
Merit: 0
January 11, 2014, 05:27:52 AM
#83
hello some tester know if like 1k new emu generated in system, how many give to the holders and how mang to the hatchers?
member
Activity: 62
Merit: 10
January 11, 2014, 05:02:29 AM
#82
Is there some way to audit how much Fuserleer create for himself, his friends etc.? Fully anonymous system? That means no way for independent checking? How can outsiders know how much of that declared presale investment is just an excuse to create emunies for himself to stash away.

Anyway, when will the whitepaper with lots of details come out? It was supposed to be some time ago.

There will be publicly available information on all the pre-launch investments made, and the amount of eMu.

There will also be a block explorer of such, so with that in mind, ANYONE can cross check that the amount of invested is equal (or close to save for tester bonuses and rounding) to amount of eMu created.

I CAN NOT create additional eMu after the genesis block and wallets, that is governed and controlled by the supply algorithms and is distributed to balance holders and hatchers as per the rules of the system (which have been documented in various threads over and over).

I'm not even bothering to answer eMules FUD.

I was not talking about whether the total amount of emunie created is consistent with what is entailed by the total investment declared and unit price in presale. I was asking about how is it possible for the outside world to know the investors in presale are all real entities independent of you.

Are you going to reveal the identities of all investors? If some names are disclosed, how can people verify that none of them are fictitious, or as forum lingo goes, your sock puppets? With a totally anonymous system (let's assume you're successful with that), is it even possible to show you do not own more emunie than you'd like to tell? Is this a matter that can only be taken on faith?

If there is indeed no way to confirm the truth one way or another, why wouldn't one take this chance to acquire a big stash secretly? Who is to say one should not profit from his hard work, earn well for his talent, or a potentially revolutionary project should not let its visionary architect reap great rewards? Surely, it's easy to trust yourself in never crashing the market with it, to reason an emergency fund must be set aside just in case, and to believe it'd only strengthen your guiding hand to help emunie fulfill your vision. It's really not hard to convince oneself that apart from being the profitable thing to do, this is in fact the right thing to do.

I'm not writing to say you shouldn't do it either. I'm just highlighting the possibility or should I say, opportunity.  Wink
legendary
Activity: 1512
Merit: 1000
January 11, 2014, 04:00:23 AM
#81
what's the difference between ripple and emunie?

Ripple is an IOU, eMunie designed to be a currency
...and most importantly you can mine eMU  Grin
eid
hero member
Activity: 616
Merit: 500
January 10, 2014, 08:16:56 PM
#80
tester bonuses

Beta testers receive some free coins?

Also, the raised fund goes to the boss or it will be reserved for the project bounties and such?

The beta testers are being given 1000 coins ($100 US) each for their work (some of whom have been testing for over 6 months).

Your second question has already been answered in this thread.
full member
Activity: 132
Merit: 100
January 10, 2014, 08:00:33 PM
#79
what's the difference between ripple and emunie?
legendary
Activity: 1078
Merit: 1002
Bitcoin is new, makes sense to hodl.
January 10, 2014, 07:43:51 PM
#78
tester bonuses

Beta testers receive some free coins?

Also, the raised fund goes to the boss or it will be reserved for the project bounties and such?
legendary
Activity: 1400
Merit: 1000
January 10, 2014, 03:53:01 PM
#77
during the 30 day presale ... will there be a chance to test out the client, get our hands dirty?

I dont think so,unless you are a beta tester.
legendary
Activity: 1418
Merit: 1002
January 10, 2014, 03:17:04 PM
#76
during the 30 day presale ... will there be a chance to test out the client, get our hands dirty?
legendary
Activity: 2156
Merit: 1131
January 10, 2014, 02:17:01 PM
#75
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