A relatively small crash, considering I'm willing to bet there are still some big Maxcoin holders right now. I'll wait until it hits a few more exchanges and see what happens.

Yes, I really should comment with my reddit account more often.

Block rewards are almost reaching 1 PMC each. Great mining rewards right now. If this were a coin with a total coin cap of 21,000,000 like Bitcoin, then that would be a 42 coin block reward. That's a fantastic reward!

If that's the case, then I'll buy in after the market crashes. If it doesn't crash, then I will miss out, but at the same time, if it does, I'd lose a hell of a lot. Too risky for me.

The higher the price goes up, the bigger the price crash it's going to be. There are going to be some very angry buyers in the next few weeks. That is my prediction. It just takes one of these big early miners to dump all their coins and you will see some epic price crashing.

The launch was a disaster. Too few people profited from it early on, so the coin distribution is terrible. If they hadn't screwed this coin up so much it would be nicely distributed, but as it stands there are people with hundreds of Maxcoins and given the current pricing they could crash the market at a whim.

It doesn't matter how well it gets from here on out. The launch has created some very big coin holders who hold a great level of influence over the value of the Maxcoins in your pocket. You've been warned.

That's very odd. I run my block rewarder regularly and haven't noticed any freezing, but I'm not constantly mining so it's possible. Could be dust? Lots of small amounts in the wallet can cause the wallet to hog CPU. Check your CPU usage on the wallet next time it happens.

Or try sending all your coins back to yourself to one wallet account to consolidate your PMC.

I'm taking the block rewarder offline for a couple of minutes while I make a couple of changes.

Edit: Back up and running now. I had to change the safe storage address to a dedicated account so I can keep track of them, and also increase the tx fee buffer for coin movement, as sending large donations to the block rewarder could sometimes crash the script if the network tx fees are high.

Thank you to the person who donated 133.70 PMC. The block rewarder has probably received enough donations to run at this speed for several weeks. You are really helping to secure Premine's future.

Someone just donated another 200 PMC to the block rewarder. Thank you! I may have to increase the payouts at this rate.  

Block rewarder will now automatically be topped back up to 150 PMC, the current safe threshold. 

I'm decreasing the time between reward payouts!

Block Rewarder Status: Live
Block Rewarder Pot: 57 PMC (Maximum: 150)
Time: 5 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: Link
Donation Address: 1CUWaAoF1pPthNqzudZBaM38LgzyeQ4JiV

Block rewards are spitting out around 0.3/0.4 PMC right now, and there can be multiple of these rewards in each mined block, so get mining!

Block rewards could go even higher at this speed between rewards!

Is Premine having a bonanza weekend?  

Increased network activity + your bounties + my block rewarder = some very nice mining rewards right now.

Basically yes. The coin gains value and acceptance by being distributed to as many people as possible. By giving it away you actually make it more valuable. I have a lot yet to give away, but as the price continues going up I'll have to think about development bounties. Premine needs services soon, and we're not far away from getting to a price point where that is possible.

I know the new rules state that giveaway threads are a big no no now, but I would like some clarification;

- Can giveaways/promotions be held in the main coin thread if the thread poster is OK with this?
- Would I be allowed to post a thread in the trading section enabling me to purchase signature space for coins?

Thank you very much.

Just going to tag this so I remember. 

I agree that 3% is far too high of a Premine. I would like to see at least 2% of that given away asap. It's a lot.

I think this coin is great, but nobody will accept a Premine above 1% anymore.

If the dev is looking for an escrow to keep part of the Premine safe, then I would be happy to do so. He can either set a timeframe until they're returned, or some sort of conditions as to what they can/can't be used for. I've been with this coin from the very start. I can keep it in cold storage in a publicly announced address for everyone to see. My only concern is the future of the coin. If the Dev wants to discuss it he can drop me a PM.

Thanks for the new thread, dev. We needed it now that the project is in capable hands and the coin is really starting to go places.

Not sure why the image lost its transparency, but here you go;



Might need a better image host, but that'll do for now.

The image should be;


Try that instead.

Strong hand here. Still have my 150k. Not a massive stake, but I know Particle will be big.

0.0005 @ Poloniex.

Still meaningless though.  

I was almost tempted to put my own 333 mhash/sec eruptor on this, but I would only distribute it anyway, so good luck to the winner!  

You realise this applies to every altcoin right?

Only add more mature coins then, more then a couple of weeks old at least, but what you said applies to every single altcoin ever.

I don't think the mods mind this stuff provided it"s kept in the main thread. We could always ask in the technical section for clarification.