Change ICO is literally gonna change the world. I was expecting technology like this, but definitely not in 2017. Basically they're gonna enable you to spend your cryptos instantly through a mastercard, as their ultimate goal is to create a worldwide decentralized crypto bank. The way the change-coin will go up in value is because it's gonna be cheaper and more rewarding to convert your cryptos into change in order to spend it. The total supply is set to 125.000.000 coins, and during the ICO each coin will be worth approximately 0.7$ (depending on the ETH price at that time, as 1 ETH gives you 500 Change coins). You'll be able to: * get loans in bitcoin * invest rapidly in new projects or ico's * spend your cryptos rapidly all over the world more details will emerge when we get closer to the ico https://change-bank.com/#bank |
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that's great news!! Question, let's say I buy 10.000 ART at the ICO. Do I end up with 10.000 coins, or will I get a genesis adress that mines 10.000 coins over the period of 60 years? You will get a Genesis address that mines 10.000 coins over the period of 60 years. I can't believe anyone in their right mind would choose an investment that takes 60 years, in a market that's barely 10 years old. if there's no way to buy ART in bulk up front, like any other coin, what's the purpose of investing? Ask yourself, would you rather get 20K ART now, each valued at 1$, or 1ART a day over the next 20.000 days, with no guarantees that ART will even be worth 0.01$ within 1 year? i think than each one has its reasons to invest in art..i think on the contrary than this economic model is better..because it avoids the massive dump..you have an exemple in mne was stable has 1$ and can take value because coins are burned after token service. Think about all these ico whose price has fallen below the price ico..it's less likely to happen with art. each one want a best price to sell..for any reasons..with art you could put in sale the genesis address what wasn't possible with mne for technical reason. i think also..like all invest this involves a share of risk..but i think less of other economic model..i know art is different of mne because it isn't a airdrop..i'm genesis holder and i want sell mne for good price but i do not want to harm investors..i prefer sell my mne for 8-10$ than sell it on an pump at 30$..because i hope mne will keep her value..coin will be burned..and investor will do a profit with art when it will valued 1/1000 of eth..i think its a good deal for all. We're talking about 60 years here. In a period of 40 years, our technology evolved from a game with 2 dots douncing a 3rd dot between them, to hyperrealistic virtual reality open world games. Where do you think this market (barely 10 years old) will end up in 6 years, let alone 60? I understand everyone has other reasons to invest, but if ART will only be available through genesis addresses, this project will tank. I'm sure ART will be purchasable in bulk eventually, as otherwise there would be no incentive to buy a genesis address, I just hope it will possible during the ICO. |
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The token price has reamained very steady right here in the mid 4 dollar range. New platform for lift off or one final dip before the news? Anyone want to talk about the best way to get into this trade?
You should get in now, and have some extra money stand by if the price drops further. I'm expecting the new ATH mid september, probably around the 20$ range. Also, the more MNE you have, the more ART you'll be able to buy at the ICO |
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Another project which i missed and i'm sorry, but i will buy some Minereum and buy ArteMine token. I read somewhere that i could sell Artemine mining. How is possible?
There's still uncertaintly about the function of ART. Most of us believe ART will be genesis addresses that will mine the coin for you, in other words, the address itself generates coins for you, over a period of 60 years. |
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That is really exciting news seeing an upcoming ICO with those conversion rates.
I'll grab some more MNE now.
Before you get the MNE, reminer that it will take 60 YEARS to get all the ART you bought lol. Yes, or so it seems. A genesis address mines a lot more coins at first, meaning it gets harder and harder to mine over time. This means that, let's say it takes 10 days to mine 10 coins, you start of with 3 during the first day, 2.5 during the second, 2 during the third, ... It could therefore still be a rather lucrative mid-term investment. Also, it would be extremely unwise for the devs to only sell genesis addresses during the ICO. Last, the plan for artemine is to be a marketplace for genesis addresses. You could therefore easily buy a genesis address on the first day of the ico, let's say for 100 MNE, and sell it later for 10 ETH |
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that's great news!! Question, let's say I buy 10.000 ART at the ICO. Do I end up with 10.000 coins, or will I get a genesis adress that mines 10.000 coins over the period of 60 years? You will get a Genesis address that mines 10.000 coins over the period of 60 years. I can't believe anyone in their right mind would choose an investment that takes 60 years, in a market that's barely 10 years old. if there's no way to buy ART in bulk up front, like any other coin, what's the purpose of investing? Ask yourself, would you rather get 20K ART now, each valued at 1$, or 1ART a day over the next 20.000 days, with no guarantees that ART will even be worth 0.01$ within 1 year? You make an interesting point, but don't forget that the Dev is planning to have a market to sell genesis addresses. So in essence, you could cash out any time before those 60 years. That still doesn't change anything. Would you buy bitcoin now at 4000$, if you knew you could only cash out in 5 years, let alone 60? I can assure you, if we can only buy genesis addresses, this coin will be worthless within 1 year. I have already posted a few suggestions in this thread. The mining algorythm should be more than just a linear formula. That's old news and only worked because MNE was airdropped. 60 years is ridiciulous. Why not let smaller accounts mine faster? As a compensation bigger accounts would generate more than you paid for initially. This way you could strategically buy Artemine in the ICO and decide whether you want the ART fast or get more of them later. Another idea would be to use MNE as "mining rigs" or catalysator. You send MNE from an ART genesis address to a burn address and the mining process of the genesis address will be accelerated for x amount of time. This would give MNE a nice place in the ecosystem. There are many more possibilities. Those are some interesting ideas, i'm curious for the devs thoughts on them; hopefully there's still room for change and adaptation in the art algorytm |
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that's great news!! Question, let's say I buy 10.000 ART at the ICO. Do I end up with 10.000 coins, or will I get a genesis adress that mines 10.000 coins over the period of 60 years? You will get a Genesis address that mines 10.000 coins over the period of 60 years. I can't believe anyone in their right mind would choose an investment that takes 60 years, in a market that's barely 10 years old. if there's no way to buy ART in bulk up front, like any other coin, what's the purpose of investing? Ask yourself, would you rather get 20K ART now, each valued at 1$, or 1ART a day over the next 20.000 days, with no guarantees that ART will even be worth 0.01$ within 1 year? You make an interesting point, but don't forget that the Dev is planning to have a market to sell genesis addresses. So in essence, you could cash out any time before those 60 years. That still doesn't change anything. Would you buy bitcoin now at 4000$, if you knew you could only cash out in 5 years, let alone 60? I can assure you, if we can only buy genesis addresses, this coin will be worthless within 1 year. |
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Even if the increased mining difficulty would ensure you'd get 20 ART a day in the first years, there's still not al lot of incentive to invest IMO, as we hardly have any idea about the price per coin, and the exchanges it will be listed on. The great thing about the cryptomarket is that prices can climb with 1000% in a matter of weeks, yet with a genesis address and a fixed mining amount, that advantage becomes worthless. Hopefully, we'll be able to buy ART in bulk up front like minereum, otherwise it'd take years for an investor to break even, let alone make a profit from buying a genesis address.
Yeah man if they let you buy ART in bulk, I know what I'm doing with my MNE. Hopefully the price of MNE jumps before the ICO, to give us some insurance. Either way I firmly believe in MNE as a coin, because it's still possible to buy and sell hundreds of them. My guess is we'll see a new ATH before the end of september, probably around 15-20$. |
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Even if the increased mining difficulty would ensure you'd get 20 ART a day in the first years, there's still not al lot of incentive to invest IMO, as we hardly have any idea about the price per coin, and the exchanges it will be listed on. The great thing about the cryptomarket is that prices can climb with 1000% in a matter of weeks, yet with a genesis address and a fixed mining amount, that advantage becomes worthless. Hopefully, we'll be able to buy ART in bulk up front like minereum, otherwise it'd take years for an investor to break even, let alone make a profit from buying a genesis address.
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that's great news!! Question, let's say I buy 10.000 ART at the ICO. Do I end up with 10.000 coins, or will I get a genesis adress that mines 10.000 coins over the period of 60 years? You will get a Genesis address that mines 10.000 coins over the period of 60 years. I can't believe anyone in their right mind would choose an investment that takes 60 years, in a market that's barely 10 years old. if there's no way to buy ART in bulk up front, like any other coin, what's the purpose of investing? Ask yourself, would you rather get 20K ART now, each valued at 1$, or 1ART a day over the next 20.000 days, with no guarantees that ART will even be worth 0.01$ within 1 year? |
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that's great news!! Question, let's say I buy 10.000 ART at the ICO. Do I end up with 10.000 coins, or will I get a genesis adress that mines 10.000 coins over the period of 60 years? |
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After Minereum as most increased token for last 24 hours yesterday at livecoin exchange I headed towards the thread. That was huge rise in price watching where it was last week. I am interested to participate in new project ART token. I saw at previous pages someone said it will be mind 1 ART token in month. Is this true ? if yes then it is going to be huge.
That depends how much you contribute. Let's say you contribute 219 MNE. This will give you a total of 21900 ART. This number of coins will then be mined over the course of 60 years, meaning 365 coins per year, so one coin every day. Ofcourse not everyone can A. afford to spend 219 MNE (about 900$ right now), and B. participate in the ICO. If you don't have ETH or MNE, you can't participate, plus it wouldn't surprise me to see the ICO finishing after a couple of days, because it's 4 times more expensive to buy ART at the end of the ICO than at the beginning. I'm sure a lot of people are interested in buying a genesis address, so my guess is the ICO will be done after 4 days. Now, given the exchange rate between MNE and ART, compared to the rate ETH and ART, a lot of people are buying MNE right now because it's a lot cheaper (about 8 times). This caused a spike in the MNE price, and it will keep rising for the next 2 weeks until the ICO starts. |
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NEO is the first obvious choice, second would be Minereum so I can participate in the ART ICO.
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There is a good dump this morning. What is the reason?
A coin can't go up to 6, 7 or 8$ and stay there comfortably, after having flatlined under 2$ for weeks in a row. Some holders have lost faith, so they take out their holdings. Others simply wanted to make some money now, so they sold at 6, 7 or 8 and are waiting for the price to reach a floor. I believe by the end of the week it will be back at 8$, by the end of next week at 12$. |
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Don't forget the Red Pulse ICO is coming and the only way to participate is by NEO. Tonnes of people, including myself, will buy a little more NEO just to participate cause the RP ICO could effectively quadruple your investment the second the ICO is over, it's gonna be huge.
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So what do you think, will MNE price drop after the ICO?
The price will not fall, because the coins will be burnt. The price will fall gradually after the ico, because yes the coins will be burned, but they're already off the market because people have bought them. When they get burned, nothing will happen. But after the ico, the interest in MNE will drop, but the mining will remain the same, so the price will slowly drop back down until the devs come up with a new purpose for MNE. Do not forget that there is a Token Creation Service: http://tokenservice.minereum.com/ And will also be Minereum World App: http://files.minereum.com/minereumworldapp.pdfThe token creation service costs 10MNE, and is hardly popular enough to generate a price increase. The world app doesn't exist yet, there's not even a single piece of evidence of it being real. As soon as trailers/pictures/marketing start coming for this app, sure mne will rise up again, but until then I believe it will gradually drop down from it's upcoming ATH (I believe at around 15$) to around 4 tot 5$. See how many tokens are already created ( 304 ), and then write nonsense. Why, when some kind of coin begins to grow rapidly, there are always different dissatisfied whiners? Funny how people who don't understand the market attribute any critique or scepticism as 'dissatisfied whining'. 304 tokens created equals 3040 MNE spent over the course of multiple months. Eventhough I believe the service is incredibly relevant and an amazing addition to the crypto market, it's simply too cheap to generate any significant rise in value. Second, I've been a supporter of MNE ever since it came out, in fact I'm a holder who bought his MNE rather than been randomly given a genesis adress. I bought because I support the vision, not because I wanted free money. Third, my entire income depends on daytrading, accumulating and investing, mostly cryptocurrency. I teach people how to quadruple their investment in half a year. That's why I tell you now, the price of MNE will not keep rising if there's no reason for it. Buy ART, sell your remaining MNE at a massive profit and buy back when prices reach a floor. If you truly believe MNE will see nothing but golden days after the ICO is finished, you don't understand why it's rising right now. The only reason it's rising is because people want to buy ART. As soon as the ICO is over, the amount of MNE-mining will be bigger than the amount of interest, causing the price to gradually drop back down. It's really one of the easiest concepts about trading there is, if the supply is bigger than the demand, the price will drop. Like I said, if the devs manage to come up with the app, great, it'll boost the price back up, but there's a large amount of genesis adresses still mining and selling MNE, and they're all gonna wanna sell 1.5MNE a day when prices reach the mid twenties, which will be a matter of weeks. With all due respect to you MiBambino, your view can be totally wrong. You can only start predicting if MNE is going up after the ICO or not depending on the number of MNE that are burnt. There are about 1 Million MNE out there as of today, if lets say 90% of these MNE get burnt in the ICO the price can even go way higher than $30, it can even reach $100 or $200. At this moment nobody knows how many of them will be burnt. Can you imagine what would happen if 90% of the bitcoins out there suddenly get burnt? Price would blow up I understand that, but the mne's that are bought these days are also leaving the market. Plus, there's still a large number of genesis adresses that will keep mining and selling. Unless the devs give us a reason to believe MNE will remain relevant, the price will undoubtably drop after the ICO, because the only reason to buy MNE after the ICO will be to use the token creation service. The mne app will, IIRC, allow you to locate mne at certain locations like the pokemon go app. How will this raise the price if there's no reason to buy the coin in the first place? All I'm doing is ask questions that have not yet been answered, and it bugs me to see people clinging to their investments like they're flawless and are not to be questioned |
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So what do you think, will MNE price drop after the ICO?
The price will not fall, because the coins will be burnt. The price will fall gradually after the ico, because yes the coins will be burned, but they're already off the market because people have bought them. When they get burned, nothing will happen. But after the ico, the interest in MNE will drop, but the mining will remain the same, so the price will slowly drop back down until the devs come up with a new purpose for MNE. Do not forget that there is a Token Creation Service: http://tokenservice.minereum.com/ And will also be Minereum World App: http://files.minereum.com/minereumworldapp.pdfThe token creation service costs 10MNE, and is hardly popular enough to generate a price increase. The world app doesn't exist yet, there's not even a single piece of evidence of it being real. As soon as trailers/pictures/marketing start coming for this app, sure mne will rise up again, but until then I believe it will gradually drop down from it's upcoming ATH (I believe at around 15$) to around 4 tot 5$. See how many tokens are already created ( 304 ), and then write nonsense. Why, when some kind of coin begins to grow rapidly, there are always different dissatisfied whiners? Funny how people who don't understand the market attribute any critique or scepticism as 'dissatisfied whining'. 304 tokens created equals 3040 MNE spent over the course of multiple months. Eventhough I believe the service is incredibly relevant and an amazing addition to the crypto market, it's simply too cheap to generate any significant rise in value. Second, I've been a supporter of MNE ever since it came out, in fact I'm a holder who bought his MNE rather than been randomly given a genesis adress. I bought because I support the vision, not because I wanted free money. Third, my entire income depends on daytrading, accumulating and investing, mostly cryptocurrency. I teach people how to quadruple their investment in half a year. That's why I tell you now, the price of MNE will not keep rising if there's no reason for it. Buy ART, sell your remaining MNE at a massive profit and buy back when prices reach a floor. If you truly believe MNE will see nothing but golden days after the ICO is finished, you don't understand why it's rising right now. The only reason it's rising is because people want to buy ART. As soon as the ICO is over, the amount of MNE-mining will be bigger than the amount of interest, causing the price to gradually drop back down. It's really one of the easiest concepts about trading there is, if the supply is bigger than the demand, the price will drop. Like I said, if the devs manage to come up with the app, great, it'll boost the price back up, but there's a large amount of genesis adresses still mining and selling MNE, and they're all gonna wanna sell 1.5MNE a day when prices reach the mid twenties, which will be a matter of weeks. |
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So what do you think, will MNE price drop after the ICO?
The price will not fall, because the coins will be burnt. The price will fall gradually after the ico, because yes the coins will be burned, but they're already off the market because people have bought them. When they get burned, nothing will happen. But after the ico, the interest in MNE will drop, but the mining will remain the same, so the price will slowly drop back down until the devs come up with a new purpose for MNE. Do not forget that there is a Token Creation Service: http://tokenservice.minereum.com/ And will also be Minereum World App: http://files.minereum.com/minereumworldapp.pdfThe token creation service costs 10MNE, and is hardly popular enough to generate a price increase. The world app doesn't exist yet, there's not even a single piece of evidence of it being real. As soon as trailers/pictures/marketing start coming for this app, sure mne will rise up again, but until then I believe it will gradually drop down from it's upcoming ATH (I believe at around 15$) to around 4 tot 5$. |
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So what do you think, will MNE price drop after the ICO?
The price will not fall, because the coins will be burnt. The price will fall gradually after the ico, because yes the coins will be burned, but they're already off the market because people have bought them. When they get burned, nothing will happen. But after the ico, the interest in MNE will drop, but the mining will remain the same, so the price will slowly drop back down until the devs come up with a new purpose for MNE. |
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minereum DEV,Am I understand right that if I pay 100MNE from one wallet that I get 10000ART on same wallet?
yes exactly |
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