I hope this formats right (I didn't have time to make a nice table).
I thought this was interesting, it shows how quickly the rate of inflation of MonetaryUnit will slow down over time. Hopefully, with your support, and increased adoption, and the healthy organic growth of MUE, this indicates a good future growth in the price.
Certainly the big drop in inflation over the next year shows it could be a potentially fantastic time to buy MUE (currently 12 sats)
FROM TO Total in circulation INFLATION % 30/01/2015 47,105,759 31/01/2015 30/01/2016 78,728,159 60% 31/01/2016 30/01/2017 110,350,559 29% 31/01/2017 30/01/2018 141,972,959 22% 31/01/2018 30/01/2019 173,595,359 18% 31/01/2019 30/01/2020 205,217,759 15% 31/01/2020 30/01/2021 236,840,159 13% 31/01/2021 30/01/2022 268,462,559 12% 31/01/2022 30/01/2023 300,084,959 11% 31/01/2023 30/01/2024 331,707,359 10% 31/01/2024 30/01/2025 363,329,759 9% 31/01/2025 30/01/2026 394,952,159 8% 31/01/2026 30/01/2027 426,574,559 7% 31/01/2027 30/01/2028 458,196,959 7% 31/01/2028 30/01/2029 489,819,359 6% 31/01/2029 30/01/2030 521,441,759 6% 31/01/2030 30/01/2031 553,064,159 6% 31/01/2031 30/01/2032 584,686,559 5% 31/01/2032 30/01/2033 616,308,959 5% 31/01/2033 30/01/2034 647,931,359 5% 31/01/2034 30/01/2035 679,553,759 5% 31/01/2035 30/01/2036 711,176,159 4% 31/01/2036 30/01/2037 742,798,559 4% 31/01/2037 30/01/2038 774,420,959 4% 31/01/2038 30/01/2039 806,043,359 4% 31/01/2039 30/01/2040 837,665,759 4% 31/01/2040 30/01/2041 869,288,159 4% 31/01/2041 30/01/2042 900,910,559 4% 31/01/2042 30/01/2043 932,532,959 3% 31/01/2043 30/01/2044 964,155,359 3% 31/01/2044 30/01/2045 995,777,759 3% 31/01/2045 30/01/2046 1,027,400,159 3% 31/01/2046 30/01/2047 1,059,022,559 3% 31/01/2047 30/01/2048 1,090,644,959 3% 31/01/2048 30/01/2049 1,122,267,359 3% 31/01/2049 30/01/2050 1,153,889,759 3%
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Please update to the latest MonetaryUnit wallet FROM 5pm UTC Saturday 31st January to avoid losing coins. Links available Saturday
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We have notified all exchanges, pools and any 3rd party providers of services for MonetaryUnit of the wallet update. Please spread the word. 5pm UTC Saturday 31st January, mandatory wallet update.
What do you have to do? Backup and save your wallet.dat file BEFORE you upgrade to the new wallet. We will release the wallet links on Saturday. Once you have upgraded, REPLACE the existing wallet.dat with your backup version.
That's it!
As discussed, this is to address the issue which makes sending large volumes of MonetaryUnit quite a headache. The value you can send continues to decrease, making it very frustrating, reducing the usability of the coin, and putting off potential new comers to MUE.
Also of course, the new wallet has a fantastic new design, allows in-wallet pool mining, and QR codes.
Please help support the transition by mining to muepool.com or goldmin.es which will both be updated to the new wallet.
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MANDATORY WALLET UPDATE 5PM UTC 31/1/2015 - DETAILS TO FOLLOW
The new wallet will address the maximum transaction size limitation which has increasingly become a nuisance to move large volumes of MonetaryUnit. Please help by spreading the word, and pointing your hash rate to the new wallet at 5pm UTC on Saturday 31st January.
It also has a great looking UI, in-wallet pool mining & QR code generator.
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Price goes x50-100 and my rigs are in Too low price/volume for such coin supply That's fair enough, understandable. Here's hoping for a bumper 2015 for MonetaryUnit then, to draw support
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Draw 8
and the results are in ! 1st place 0.04BTC AND 30,000MUE 2nd place 0.02BTC AND 15,000MUE 3rd place 0.01BTC AND 5,000MUE 1st place 73mCVnZZPmWKHL7vqCFC5BEYxuZ1BDNZtJ - 1.15 MH 2nd place 79H5PLHCD8ky1NUCCFBZfz91P8Q6hoK9xo - 3.52 MH 3rd place 7FpE8cZ5dtJ5BQ5qx3sQJvA31kwP3Himjv - 7.13 MH Contact us to arrange your BTC payment, MUE rewards sent
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A notice period and time scales will be given for the launch of this new wallet in due course. It will go smooth, and there will be minimal impact as long as we all work together, and communicate effectively. As it is a mandatory update to address the transaction issues, all previous wallets will be invalid with the new wallet system. The MUE blockchain prior to the new wallet release will of course still be valid from the point of view of your past transactions, and coin balances, so no concerns there. Final build and testing is underway, and as soon as I have a date for you all I will make it well known through all media channels (here, Twitter, FaceBook, CryptocoinTalk etc). We will likely give a 7-14 day pre-announcement for all users and will of course be notifying & updating the pools and exchanges,block explorers etc.
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We're just finalising the new, single, unified wallet Fixes the "transaction too large" issue and also a few other minor gripes, plus looks great. Will let you know as soon as it is tested and released. This will be a mandatory update due to the transaction issue fix. nice wallet,refreshing UI ~ Thanks, we have an excellent wallet dev who is doing some great work. Can't wait to release it
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We're just finalising the new, single, unified wallet Fixes the "transaction too large" issue and also a few other minor gripes, plus looks great. Will let you know as soon as it is tested and released. This will be a mandatory update due to the transaction issue fix.
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down so fast 50% only one day.. wtf?.. my 400k MUE maybe equal 1/4 this value before?
Looks like the price has gone up again. http://coinmarketcap.com/currencies/monetaryunit/Don't get too fixated with price though..with the age of the coin, and low volume of trade, the price is prone to volatility. Give it time to mature and we will all hopefully see a good return, and a stable (within reason for a crypto) price. What the coin needs most is a decent hash rate, so please do point any hash rate you can spare, even if it is a single CPU thread will help Miners always persue the max profit. Mining MUE now can not earn back the half of the power fee. How much does a single CPU thread cost? :p
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down so fast 50% only one day.. wtf?.. my 400k MUE maybe equal 1/4 this value before?
Looks like the price has gone up again. http://coinmarketcap.com/currencies/monetaryunit/Don't get too fixated with price though..with the age of the coin, and low volume of trade, the price is prone to volatility. Give it time to mature and we will all hopefully see a good return, and a stable (within reason for a crypto) price. What the coin needs most is a decent hash rate, so please do point any hash rate you can spare, even if it is a single CPU thread will help
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down so fast 50% only one day.. wtf?.. my 400k MUE maybe equal 1/4 this value before?
0.12 BTC will clear all sell orders on C-CEX and you get set buy orders for 0.00000018 and immediately increase the MUE price 6 fold to 18 sats. There is very little market depth, and it is VERY easy to change the price if you wanted to. All that aside. If you are with MonetaryUnit, then you are in for the long haul. This is a long term project, not short term profit project.
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Sounds like a bargain to me
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thanks for the hint. just curious, but do they give the free coins back? Cryptex have come good as I thought they would and have returned the balance of the coins to the two Faucets Faucet - Official faucet http://www.FreeMUE.comFaucet - 3rd party faucet - http://bit.ly/Z8aHUC
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Dev,how about to get part of premined MUE burned if you can't spend it now ??
Why burn this MUE if he could spend it later? I don't plan on "burning" any of the pre-mine. I do plan on ramping up the distribution of it though, with several announcements coming in the next week or two. For now, both faucets are full to the brim; Faucet - Official faucet http://www.FreeMUE.comFaucet - 3rd party faucet - http://bit.ly/Z8aHUCIn particular, www.FreeMUE.com is now giving 1000MUE every 12 hours to users! Plenty more announcements to come
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Hey MUE, What's with the 2nd draw? Is it gonna be done ever again or not? I have been waiting for so long, and can't wait to purchase the tickets now...
Hi, I'll hopefully get it sorted in the next few weeks. I have several projects that need funding first, and then I can concentrate on this. There will be another draw, but just give me some time Thanks for the enthusiasm I ain't have any problems with the same, but can you please do one thing for this to work fast? Can you announce about that funding publicly? I mean an ICO or IPO, whichever can support your projects the best? I think it's a good way you can reach many users here and share your views, ideas and projects with them, and if lucky, get funded too... Cheers... & BTW, Happy New Year... Thanks, I'll keep that in mind. Have a good new year too
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Today is the last day of 2014 wish MUE take off in 2015 Thanks, there will be at least a couple of good announcements in the next few weeks can't wait for the MUE news in 2015 Me too
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Hey MUE, What's with the 2nd draw? Is it gonna be done ever again or not? I have been waiting for so long, and can't wait to purchase the tickets now...
Hi, I'll hopefully get it sorted in the next few weeks. I have several projects that need funding first, and then I can concentrate on this. There will be another draw, but just give me some time Thanks for the enthusiasm
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nobody is trading at c-cex Well, be the "somebody" who starts click "buy" I'll buy at the price of 1 sato,if you put a sell order I'll get back to you on that The infrastructures of MUE are impressive.I can see this is a coin you put alot of efforts. But why the price is so low? Dev,has you ever thought about this question?? Thanks, I appreciate that you've noticed Yes, it has taken a significant amount of cost and effort to get to this stage. Price, good question. Price was never the priority for me. I set this project up because I love crypto, and would love to get more people involved in crypto. To do that I wanted to make this as accessible as possible, to as many people as possible. The pre-mine is a big part of that, and is a major contributor I think to putting people off, many are wary of the "pump & dump". I am going to be making a significant effort in the next 3 months to speed up distribution of MUE to deplete this pre-mine, with increased faucet payouts and other give-aways. I think with that depleted, and with the resources and services in place for MUE, along with the commitment I and others have for this coin, then the price will reflect the confidence people have in MonetaryUnit. As others have also commented, perhaps the Qt wallet transaction limit has also been a factor? It's difficult to judge, but again, I will be investing more in the wallet to address that so it is no longer an issue. I guess my plan all along has been to have integrity, show commitment to the coin, offer services and resources to make it attractive to as many people as possible, and make it the best coin I can with limited resources. If I have done all I can, which I hope will be in about 3 months, then the success of the coin is no longer in my hands, but in the hands of the community and users to decide. Happy to hear yours or others opinion on this.
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