Bitcoin Forum

Alternate cryptocurrencies => Altcoin Discussion => Topic started by: Merkel on February 07, 2014, 08:24:14 PM



Title: Premine Coin: just an experiment or a coin with some future?
Post by: Merkel on February 07, 2014, 08:24:14 PM
A simple question from a newcomer: Makes it sense to buy a few PMC or should I understood this project just as an experiment?

Thanks for your help  ;D


Title: Re: Premine Coin: just an experiment or a coin with some future?
Post by: candelone on February 07, 2014, 08:42:01 PM
I like the idea of this coin.


Title: Re: Premine Coin: just an experiment or a coin with some future?
Post by: shanent on February 07, 2014, 08:53:23 PM
For the miners

Block Rewarder Status: Live
Block Rewarder Pot: 96 PMC (Maximum: 150)
Time: 30 Seconds (minimum) between Payouts
Block Reward: Minimum 0.01000000, Maximum: ? ? ? (Previous Max reward: 0.43000086)
Block Rewards per block 1x, 2x, 3x
Block Explorer Payout Address: http://cryptexplorer.com/chain/Premine
Donation Address: 1CUWaAoF1pPthNqzudZBaM38LgzyeQ4JiV



Title: Re: Premine Coin: just an experiment or a coin with some future?
Post by: anonuser777 on February 07, 2014, 08:55:11 PM
Both I think. Good experiment with some potential. At the moment it needs to be distributed more widely, so miners can make money from the transaction fees. It's got a great community with members always willing to donate coins. There's even one guy with an automated script that donates to block finders just to promote mining while the transaction fees are low. The community knows the coin will die if it's not spread.

Just as I was posting, shanent provides more details on the block rewarder :)


Title: Re: Premine Coin: just an experiment or a coin with some future?
Post by: Nullu on February 07, 2014, 08:58:38 PM
We run additional block reward payouts on a regular basis, and soon we'll also be trying out a lottery. Early miners get rewarded for mining PMC, and will be the ones who will benefit the most when the prices start going up. Bonus block reward payouts will cease the moment we hit Cryptsy.

There are only 500,000 total coins. Get some PMC before you miss out.


Title: Re: Premine Coin: just an experiment or a coin with some future?
Post by: Zzzack on February 07, 2014, 08:59:54 PM
experimental distribution + trying to see how coins do after they are mined. important to see how this coin lasts to judge the future of other coins.

don't invest more than you can lose!


Title: Re: Premine Coin: just an experiment or a coin with some future?
Post by: shanent on February 07, 2014, 09:01:19 PM
A simple question from a newcomer: Makes it sense to buy a few PMC or should I understood this project just as an experiment?

Thanks for your help  ;D

Is an experiment but more real than you imagine.

Join us in main post and help the community with new ideas for earn some PMC


Title: Re: Premine Coin: just an experiment or a coin with some future?
Post by: shanent on February 07, 2014, 09:04:10 PM
And if u want some PMC for free without any type of work you can use the faucet every hour http://faucet.premineco.in/



Title: Re: Premine Coin: just an experiment or a coin with some future?
Post by: Merkel on February 07, 2014, 09:07:04 PM
Thank you for all the information


Title: Re: Premine Coin: just an experiment or a coin with some future?
Post by: shanent on February 07, 2014, 09:22:48 PM
For all the readers, don't do like one that bought a pizza with 10k BTC.

Join PMC now before it's late. (https://bitcointalk.org/index.php?topic=427519.0)


Here a preminecoin fan in abstinence

http://i61.tinypic.com/foeu0l.jpg



Title: Re: Premine Coin: just an experiment or a coin with some future?
Post by: Bergmannx on February 07, 2014, 09:39:37 PM
Doesn't hurt to get some, since they are quite cheap.


Title: Re: Premine Coin: just an experiment or a coin with some future?
Post by: Nullu on February 07, 2014, 10:11:56 PM
Doesn't hurt to get some, since they are quite cheap.

Exactly.


Title: Re: Premine Coin: just an experiment or a coin with some future?
Post by: shanent on February 08, 2014, 09:43:18 AM
Doesn't hurt to get some, since they are quite cheap.

Yeah, the price is still cheap but attention that from yesterday the price is up of 350% on poloniex.

Buy now before it's too late ;)


Title: Re: Premine Coin: just an experiment or a coin with some future?
Post by: mek300 on February 08, 2014, 09:52:15 AM
Doesn't hurt to get some, since they are quite cheap.

Yeah, the price is still cheap but attention that from yesterday the price is up of 350% on poloniex.

Buy now before it's too late ;)

If you can fake some large buy orders at low price in the exchange, the price jump will look more real.


Title: Re: Premine Coin: just an experiment or a coin with some future?
Post by: shanent on February 08, 2014, 10:01:00 AM
Doesn't hurt to get some, since they are quite cheap.

Yeah, the price is still cheap but attention that from yesterday the price is up of 350% on poloniex.

Buy now before it's too late ;)

If you can fake some large buy orders at low price in the exchange, the price jump will look more real.

I don't understand much market rules and not have many btc for pump/dump coin...


Title: Re: Premine Coin: just an experiment or a coin with some future?
Post by: Nullu on February 08, 2014, 12:34:14 PM
https://poloniex.com/exchange

Going up.

http://blockchain.premineco.in/a/13aWvZWznZ


Oh oh! Bonus was 500PMC for block 28000  :o

Bonuses on blocks all weekend! Start mining....




Dev is offering huge bonuses for blocks right now.

You work out how much 500 PMC is worth at current market price.  ;D


Title: Re: Premine Coin: just an experiment or a coin with some future?
Post by: Bergmannx on February 08, 2014, 08:16:06 PM
PMC is a kind of a litmus test for all mined coins.
It's not clear what happens in the aftermath of all minable coins, when there are no more block rewards. In case You hold other coins, You should consider using PMC to proof that coins work with txfees only. Just my two cents.


Title: Re: Premine Coin: just an experiment or a coin with some future?
Post by: GröBkAz on February 08, 2014, 09:10:04 PM
you should give this coin a try!!!