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1441  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [PMC] Premine Coin | Rare | Mining Transaction Fee Proof of Concept on: February 16, 2014, 01:47:20 PM
anyone fancy spreading the premine love my way? 1Cb1EEGHHXjFNze9629sYZE1Tj9H5Tbqc7
Since you're a new account I didn't feel comfortable sending you much, but I did send you some.  As rare as PMC is though, it may very well be worth a good amount one day Smiley

Thankyou  ... ive been reading the forum for over a year but i aint much of a talker :/  I'm going to make an effort to involve myself in chat more... the problem is i start waffling Smiley

Waffle away.  Smiley

We're just cautious of new accounts, as we had a lot of shill accounts when PMC was starting out. We're looking for active members of the community.
1442  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] DIMEcoin l community take over l updated everyday on: February 16, 2014, 01:45:52 PM
Do not understand why people keep pushing Dime. Doesn't the dev have a massive amount of his coins on the exchanges? The only person benefiting from all your work is him.  Undecided

Someone clarify please?
1443  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [PMC] Premine Coin | Rare | Mining Transaction Fee Proof of Concept on: February 16, 2014, 01:40:46 PM
how do we mine it if all blocks are out? 3.7k diff? omg
my adress 1E1s6dxkZ9J39pQfvJ8ewNoBYN8f6Mmmzr
feel free to give some Cheesy
any pools?

I just sent you some keep mining and hold would have sent a lot more its just hard when i know they will be at least $80 each soon but enjoy

Like I said; glad to have you on board PmcUnited.  Smiley
1444  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [PMC] Premine Coin | Rare | Mining Transaction Fee Proof of Concept on: February 16, 2014, 01:34:29 PM
Hi guys thanks for all the goodwill here! Though I have an ulterior motive. Anyone can share the love?
1MBox826dWaDmzeuY2nzpktCsFCy1y1NPK

Have 1 PMC, just because I happen to be in my main wallet doing some work.  Tongue
1445  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [PMC] Premine Coin | Rare | Mining Transaction Fee Proof of Concept on: February 16, 2014, 01:31:36 PM
Yeah, my block rewarder wallet.dat had reached 33.5mb.  Cheesy
1446  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [PMC] Premine Coin | Rare | Mining Transaction Fee Proof of Concept on: February 16, 2014, 01:26:38 PM
Well I just broke my block rewarder wallet by trying to switch around accounts to start a new address to send out rewards as the old one became bloated. I'm going to start a fresh wallet.

Was getting a negative balance of over 3000 PMC. That would be the coins my block rewarder has sent out, I believe.
1447  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [PMC] Premine! - [2 Exchanges!] 100% Distribution - Mining TX fees only. on: February 16, 2014, 01:17:34 PM

Aha. I knew it. Great work JohnnyV.  Grin

I've just tweaked mine. I have some catching up to do.  Wink
1448  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [PMC] Premine Coin | Rare | Mining Transaction Fee Proof of Concept on: February 16, 2014, 01:13:29 PM
Just doing some script testing and noticed this address on the block explorer;

http://cryptexplorer.com/block/000000000000113d1de81e311edbc8f1c8880da1dfcaa67b04a78cad62fcc8be

 Cheesy
1449  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [PMC] Premine Coin | Rare | Mining Transaction Fee Proof of Concept on: February 16, 2014, 01:08:06 PM
So you all think the price is low and I should buy? Hate that I can't mine it but I can mine other coins, dump and buy PMC Cool
PMC is speculative.  If you can't afford to lose what you invest, then please don't.  But if you have a small amount you can be risky with, then I personally believe in the potential of PMC.  But risk/reward for everyone is different.  I'm in PMC for the long haul but I can afford to lose what I invested if I'm wrong.

I know. I only asked cause you all are here longer than me and it seems that this isn't the typical doge community (like "buy buy buy", "HODL", "to da mooooon!")...

Yeah, there are some smart people and some very cool heads in this thread. Those who are smart enough to see the huge potential in PMC have been supporting it from the beginning. I've personally put in coding time for PMC with my Block Rewarder script, as I know supporting this coin will pay off in a huge way.

This is why PMC is a serious investment. Those who fully understand PMC do not tend to be the type of people who behave like that.
1450  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [PMC] Premine Coin | Rare | Mining Transaction Fee Proof of Concept on: February 16, 2014, 01:05:33 PM

+1

Lets really push hard for Cryptsy. Imagine where we would be now with the current high demand for PMC and Crypstys volume.

Unobtanium, move out of the way.
1451  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [PMC] Premine Coin | Rare | Mining Transaction Fee Proof of Concept on: February 16, 2014, 01:02:04 PM
how do we mine it if all blocks are out? 3.7k diff? omg

You can still mine Premine; when you transfer coins from your wallet you pay a transaction fee. This small transaction fee ends up in new blocks on the network. The more people who transfer Premine and the busier the network = the higher the block rewards.

I saw block rewards of up to 1 PMC per block yesterday. It's normally lower than that but it depends on how many transactions are in each block. Best thing to do is just aim some ASICs at it and wait until the network gets busy again.

Ahh okay. So it's SHA256 algo, isn't it?

That explains the diff Cheesy

Did that fact get removed from the OP?  Huh

The dev is currently in the process of updating the first post. I've sent him a message to add the coin's stats back in.  Smiley

The first post recently got a makeover. It probably just got removed by mistake.
1452  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [PMC] Premine Coin | Rare | Mining Transaction Fee Proof of Concept on: February 16, 2014, 12:59:50 PM
how do we mine it if all blocks are out? 3.7k diff? omg

You can still mine Premine; when you transfer coins from your wallet you pay a transaction fee. This small transaction fee ends up in new blocks on the network. The more people who transfer Premine and the busier the network = the higher the block rewards.

I saw block rewards of up to 1 PMC per block yesterday. It's normally lower than that but it depends on how many transactions are in each block. Best thing to do is just aim some ASICs at it and wait until the network gets busy again.

Ahh okay. So it's SHA256 algo, isn't it?

That explains the diff Cheesy

Yep.  Smiley

Premine is a bit like Bitcoin of the future; once all the new coins run out and there are fewer coins in circulation.
1453  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [PMC] Premine Coin | Rare | Mining Transaction Fee Proof of Concept on: February 16, 2014, 12:58:10 PM
how do we mine it if all blocks are out? 3.7k diff? omg

You can still mine Premine; when you transfer coins from your wallet you pay a transaction fee. This small transaction fee ends up in new blocks on the network. The more people who transfer Premine and the busier the network = the higher the block rewards.

I saw block rewards of up to 1 PMC per block yesterday. It's normally lower than that but it depends on how many transactions are in each block. Best thing to do is just aim some ASICs at it and wait until the network gets busy again.
1454  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][AKC] ANTI-KEISER-COIN - NO PREMINE , FAIR - 900MIL on: February 16, 2014, 12:55:27 PM


Because we like that

All the hype in the world doesn't alter the cold hard facts;

MaxCoin is being profit mined to death. That means continual cycle of mining and dumping.

All MaxCoin's high price has done is attract all the profit miners who are only interested in turning mining power into instant profit. There is a massive downward pressure on the price. It's a race to the bottom now.

I spoke to someone just the other day who is building 4 or 5 high-end rigs just to mine MaxCoin. The investors and early miners have had their fun. Now watch.
1455  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [PMC] Premine Coin | Rare | Mining Transaction Fee Proof of Concept on: February 16, 2014, 12:45:37 PM
Whats that? was Sleepless caught napping? hahah

Hahaha Cheesy nice comment Grin

Yeah dogecoin... I don't get it Wink

So you all think the price is low and I should buy? Hate that I can't mine it but I can mine other coins, dump and buy PMC Cool

I would wait a day or so to see if the price comes back down. Although it's hard to say if it will, as it's getting harder and harder to buy PMC cheaply now. Anything under 0.001 is a good deal, in my opinion, but maybe wait a day or so and keep an eye on prices. See if you can get a good stake.

But at the moment the price could also go up at any time. I have no idea what's going to happen next. After the price explosion last night anything is possible.
1456  Alternate cryptocurrencies / Announcements (Altcoins) / Re: FateCoin comming soon(pre announcement) on: February 16, 2014, 12:43:32 PM
Is this a pre announcement, or pre determinism?

 Wink
1457  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [PMC] Premine Coin | Rare | Mining Transaction Fee Proof of Concept on: February 16, 2014, 12:37:59 PM
Thank you very much! Kiss

So basically I need to buy some if I want to have some coins, right? The difficulty of 3775 is correct?

I think I'll buy some. I really love the idea behind the coin although it should be an experiment only Grin
You're welcome.  It may have started as an experiment but Dogecoin started as a joke Smiley

Exactly. PMC will attract all kinds of people, and it already is.
1458  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [PMC] Premine Coin | Rare | Mining Transaction Fee Proof of Concept on: February 16, 2014, 12:31:10 PM
There comes to a point though when the coin is so valuable that giving the coin away for free makes no sense. If you give someone something and they just sell it straight away for BTC, then what's the point? Any sort of giving away now would be in the realms of 1 PMC and less.
I disagree that we should ever stop giving.  You just give smaller increments that you're comfortable with.  The more people who have PMC, the better, as that is more fair.

Yes, I do agree with you, but it's about practicality. I can fire up my block rewarder and distribute 100 PMC over a week to miners, but will that even get noticed?

I don't mind continuing to distribute, but I do not have time to sit around handing out fractions of PMC.

I will fire up the block rewarder. I just need to make a few tweaks to the code.
1459  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [PMC] Premine Coin | Rare | Mining Transaction Fee Proof of Concept on: February 16, 2014, 12:28:14 PM
Hi!

Short question: How do you get PMC?

I mean there are people which sell several hundreds of PMC. How did they get them? Smiley

Thanks

There was initial distribution at launch, so those who declared their interest early got a stake. Since then coins have been given away to others and handed out by the community. The dev has given away all the coins now. If you read back on the earliest pages of PMC you'll see lots of coins changing hands.

Now that PMC is becoming super valuable and rare, it's harder to find people willing to give them away, because to get coins now costs BTC.
1460  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [PMC] Premine Coin | Rare | Mining Transaction Fee Proof of Concept on: February 16, 2014, 12:26:03 PM
would be great to get it to cryptsy but i sitll feel there was not enoug given out.
i made alot of promotion for it [twitter, polish forums, reddit, post on my blog with 1k reads] and got some small numbers.
im holding o nthe coin didnt sell single one.

1BaJ9WHXEKJALRS6JRiv4AAHiPuDnL1gD7




PMC has done extrodinarily well in giving away coins. Yes you can always do more, but the PMC community has been one of the most generous I have ever seen. Many thousands of coins have also been giving away to miners in block reward bonuses.

There comes to a point though when the coin is so valuable that giving the coin away for free makes no sense. If you give someone something and they just sell it straight away for BTC, then what's the point? Any sort of giving away now would be in the realms of 1 PMC and less.
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