[PSA] MemoryCoin 2.0 Dev abandons coin - page 4.

duuuuude

hero member

Activity: 938

Merit: 500

EVeryone of you should feel stupid, all you would have to do is look at Memory Coin 1 and you would see the only thing FREETRADE wanted was free cash, a soon as the vote system didnt work for him, he crashed the original coin and had it taken of exchanges. What makes you think this will be any differant, as soon as he is voted out, he will cash out(mm2 already made hime rich) then just crash a new coin.

if you dont believe me just read the original memory coin thread, its all there. your best plan is to cash out and invest your energies into something real, and before you ask, no i dont have any pts/mm2 .

j

IsaacGoldbourne

member

Activity: 112

Merit: 10

Looking to start various enterprises

Quote from: Newmine on December 29, 2013, 12:45:41 PM

Dude, the vote is weighted to how much MMC you have in your wallet. Someones vote who has 10,000 MMC's in their wallet will have 10x the voting power as someone with 1000( not necessarily the ratio used, just an example). Since these guys have been holding office for a couple weeks and gaining upwards of 500mmc per day, it's sufficient to say some of them have over 8k in MMC when your average miner in a pool might be lucky to have a couple hundred.

This is not decentralized. There is a possibility for these guys to gain so much control that it would take a massive coordinated campaign to remove them from office.

If each address/wallet with at least 1 MMC got one equal vote and the number of MMC beyond 1 had no weight, along with maybe a 2 coin payout per 20 blocks I would be okay with it. But 53 coins every 20 blocks is just a faucet for a selected few while diluting miners worth at the same time.

Here is wiki's definition of decentralization: Decentralization (or decentralisation) is the process of redistributing or dispersing functions, powers, people or things away from a central location or authority.

Redistributing is what I want to do.

Send a Satoshi to this address MVTEceo3RoiqBhfqjVovtyMAVUJLoHiGTg
Or
Vote for these spoil addresses if you don't trust or want me to redistribute the coins, please!

MVTEceo1111111111111111111111TvNrt
MVTEcha11111111111111111111116GDGs
MVTEcmo1111111111111111111115e9dK3
MVTEcto1111111111111111111119owJby
MVTEcno222222222222222222222B1FB3W
MVTEcso555555555555555555555G6uEbs

53 coins going to each officer every 20 blocks is absurd.

I don't think you understand how it works, if it was on a per vote basis I could set up a script which separates my 6000 coins to 6000 addresses and vote myself in very easily

MegaFarmer

newbie

Activity: 14

Merit: 0

Quote from: phrozenspite on January 05, 2014, 04:19:40 PM

lol looks like you have your first major backlash. https://bitsharestalk.org/index.php?topic=2047.0
some idiot is calling for blacklisting you and all of your supporters. Real great way to support the voting aspect of a coin

Looks like this idiot MaxPWR has created 2 accounts for getting elected: CEO and CHA.
So if people vote for him they either kick FreeTrade from his highly profitable CEO throne or let MaxPWR steal from charity.
So who would you rather support: NewMine of MaxPWR?

phrozenspite

sr. member

Activity: 266

Merit: 250

lol looks like you have your first major backlash. https://bitsharestalk.org/index.php?topic=2047.0
some idiot is calling for blacklisting you and all of your supporters. Real great way to support the voting aspect of a coin

Newmine

full member

Activity: 224

Merit: 100

Quote from: tbkmcjl on January 05, 2014, 11:54:35 AM

I sent .00000001 to the address MVTEceo3RoiqBhfqjVovtyMAVUJLoHiGTg (CEO) days ago.

my address is MFsEpEcBu1U5SQ24vigzL6YWqCSJUwaVE8

Thank you for your support. Unfortuantely we are not close to winning the CEO position yet. Vote for the other addresses too! We are very close to getting the CNO back. We held it for 2 elections (40blocks).

tbkmcjl

newbie

Activity: 2

Merit: 0

I sent .00000001 to the address MVTEceo3RoiqBhfqjVovtyMAVUJLoHiGTg (CEO) days ago.

my address is MFsEpEcBu1U5SQ24vigzL6YWqCSJUwaVE8

kaene

hero member

Activity: 784

Merit: 1005

Quote from: hownowbrowncow on January 05, 2014, 05:28:54 AM

This is a terrible plan. If you don't like the way Memory Coin works, go mine a different coin.

Quote from: FreeTrade on January 03, 2014, 03:31:58 AM

This is a pretty dumb plan. What do you think will happen to the price of the coin if you fire all the devs and officers just to get a little bit of extra coin? Greedy and dumb plan.

I think this is precisely the magic of this coin, owners get to decide what they want, that's why people vote

BTCChris

newbie

Activity: 20

Merit: 2

MVTEcnoxdvRA1EJuRRh6QT6Cw8pRTPdcre won Block 5100 and Block 5120

Payout for both blocks was 48.01300000 MMC

Block 5100: 40262 total votes, payout per MMC voted: 0.0011925140330833
Block 5120: 40319 total votes, payout per MMC voted: 0.00119082814553932

Winner Support Block 5100:

Code:

--MVTEcnoxdvRA1EJuRRh6QT6Cw8pRTPdcre
-->30133 MD3girn1fCpRWYbwrZNjix1J2Mh1yGbNcg
-->7227 MDmDhreqXipmZdYqcGN2WMKJUfcdTu4bRr
-->2725 MTdP8xvqntvjmCKuueEaTWViF6rUQi6fy7
-->151 ML2m6wBgucq58tfazJ13Gbq75VQF87ESRW
-->12 MRMTAtLkavDuS79QoWbpYaJL2xAox3Wicv
-->5 MKJRT9XbDt73VJ9SPActGSRjkzdc9nKmEa
-->3 MWFNa76fbCtFTANnjPUDN5PVLJfjTfnCg6
-->3 MPWx97F2Nz9dXoqMdJTjmWmtcRpxNJmkAu
-->0 MWy63DePY5DccZ9fVSDTzWbDZw4aPiBFH8

Winner Support Block 5120:

Code:

--MVTEcnoxdvRA1EJuRRh6QT6Cw8pRTPdcre
-->30133 MD3girn1fCpRWYbwrZNjix1J2Mh1yGbNcg
-->7227 MDmDhreqXipmZdYqcGN2WMKJUfcdTu4bRr
-->2782 MTdP8xvqntvjmCKuueEaTWViF6rUQi6fy7
-->151 ML2m6wBgucq58tfazJ13Gbq75VQF87ESRW
-->12 MRMTAtLkavDuS79QoWbpYaJL2xAox3Wicv
-->5 MKJRT9XbDt73VJ9SPActGSRjkzdc9nKmEa
-->3 MWFNa76fbCtFTANnjPUDN5PVLJfjTfnCg6
-->3 MPWx97F2Nz9dXoqMdJTjmWmtcRpxNJmkAu
-->0 MWy63DePY5DccZ9fVSDTzWbDZw4aPiBFH8

hownowbrowncow

sr. member

Activity: 262

Merit: 250

This is a terrible plan. If you don't like the way Memory Coin works, go mine a different coin.

Armchair Miner

sr. member

Activity: 296

Merit: 250

I voted for CNO and CEO positions, can you check? MDdDfweNUfaWEv9VjJDpiSxtnLTtzBiz58

I'm paying 0.0001 fee in addition to 1 satoshi = 0.00000001 is that correct? Noone ever mentioned that, so it is confusing to me. Clarify?

In addition, from my MMC wallet, I couldn't reduce the fee to 0. Is it possible for anyone?

TIA for your answers.

andhar

member

Activity: 127

Merit: 10

This is silly. What good will this bring the coin? As mentioned before in this thread this seems like it is purely driven by greed.

You are talking about freeing the coin? How? Isn't it free already?

People need to understand that their votes should go to people willing to dedicate time and energy to do something good for the coin and the community.

Please read what Freetrades says here and please thing again before voting: https://bitsharestalk.org/index.php?topic=2013.msg23338#msg23338

Thanks.

phrozenspite

sr. member

Activity: 266

Merit: 250

we're almost there, keep it up people

seraphim_bts

newbie

Activity: 57

Merit: 0

Quote from: MegaFarmer on January 03, 2014, 05:43:45 AM

Quote from: FreeTrade on January 03, 2014, 03:31:58 AM

This is a pretty dumb plan. What do you think will happen to the price of the coin if you fire all the devs and officers just to get a little bit of extra coin? Greedy and dumb plan.

I partly agree with you, but with most officers not doing anything substatial for the coin, I think they are highly overpaid.
Some officers have just written one script or set up one website to secure their position. I think paying thousands of dollars every week for that is a bit too much and these coins are better spent on the miners that are also very important for the coin.
Sure, there are the spoil addresses if you do not agree with the position of an officer but why let these coins go to waste if we can give them back to the community.
Once the elected officers will actually show to be worth their money, I will surely vote for them.

Tell us more about how you're involved with the community, except getting help with your mining and promoting this thread Cheesy

https://bitsharestalk.org/index.php?action=profile;area=showposts;u=5405

BTCChris

newbie

Activity: 20

Merit: 2

Block 4840

Elected Candidates
CEO MVTEceoTeDMmxFHcRbkMyJGN4ct7ULKkS6 102851
CTO MVTEctogwRCHUvWZyNcqYMbrSdNXrFR6FK 69438
CNO MVTEcnoqHvr7AWRSBFUSpVCBKcxUfxVEad 39847
CMO MVTEcmo2iUnZn5cHJ7SKrhLMwi7EGPfgnq 113465
CSO MVTEcsoL9GvfezMUgEDnhr7ioRAsByuTAv 65878
CHA MVTEchaTyyDP2V6QotPE4zi1mUvbNKo8pe 61301

Redistribution Votes
CEO MVTEceo3RoiqBhfqjVovtyMAVUJLoHiGTg 33953
CTO MVTEctoXq2VzuARaw3J9cWVvzwiiktoPWp 32160
CNO MVTEcnoxdvRA1EJuRRh6QT6Cw8pRTPdcre 32313
CMO -
CSO -
CHA -

Only 7534 votes/coins missing for CNO position, its getting closer.

Newmine

full member

Activity: 224

Merit: 100

Quote from: MegaFarmer on January 03, 2014, 05:43:45 AM

Quote from: FreeTrade on January 03, 2014, 03:31:58 AM

This is a pretty dumb plan. What do you think will happen to the price of the coin if you fire all the devs and officers just to get a little bit of extra coin? Greedy and dumb plan.

Sure, there are the spoil addresses if you do not agree with the position of an officer but why let these coins go to waste if we can give them back to the community.

Apparently this is being greedy!

Newmine

full member

Activity: 224

Merit: 100

Quote from: FreeTrade on January 03, 2014, 03:31:58 AM

This is a pretty dumb plan. What do you think will happen to the price of the coin if you fire all the devs and officers just to get a little bit of extra coin? Greedy and dumb plan.

"Greedy" says the guy taking a huge premine chunk and tens of thousands of coins for holding multiple positions doing the things that a dev is supposed to do to get a coin going.

"Dumb" says the guy who implemented the voting and payment system.

The premine I can get over it. I get that you want to be compensated for what you do. It's they way you set the system up to maintain your advantage over everyone else that I disliked and I unfortunately realized this after I put in my own effort and time.

If you want to abandon your coin because you are not getting paid, that is completely up to you. But you then need to re-examine who is being greedy.

Good luck!

Newmine

full member

Activity: 224

Merit: 100

Quote from: donschoe on January 03, 2014, 10:51:13 AM

Quote from: Newmine on January 03, 2014, 10:25:26 AM

Here is the CSO address, MVTEcsotPcdeppmXxiDvVvgkjwUJn4p8wW

thanks!

What are you using to generate these addresses? Intel Pentium II? Cheesy

Nice one!

donschoe

full member

Activity: 157

Merit: 100

Hello Coins

Quote from: Newmine on January 03, 2014, 10:25:26 AM

Here is the CSO address, MVTEcsotPcdeppmXxiDvVvgkjwUJn4p8wW

thanks!

What are you using to generate these addresses? Intel Pentium II? Cheesy

Newmine

full member

Activity: 224

Merit: 100

Here is the CSO address, MVTEcsotPcdeppmXxiDvVvgkjwUJn4p8wW

thanks!

MegaFarmer

newbie

Activity: 14

Merit: 0

Quote from: FreeTrade on January 03, 2014, 03:31:58 AM

This is a pretty dumb plan. What do you think will happen to the price of the coin if you fire all the devs and officers just to get a little bit of extra coin? Greedy and dumb plan.

I partly agree with you, but with most officers not doing anything substatial for the coin, I think they are highly overpaid.
Some officers have just written one script or set up one website to secure their position. I think paying thousands of dollars every week for that is a bit too much and these coins are better spent on the miners that are also very important for the coin.
Sure, there are the spoil addresses if you do not agree with the position of an officer but why let these coins go to waste if we can give them back to the community.
Once the elected officers will actually show to be worth their money, I will surely vote for them.

Topic: [PSA] MemoryCoin 2.0 Dev abandons coin - page 4. (Read 8420 times)