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Author Topic: [ANN] Minereum - First Self Mining Smart Contract  (Read 434310 times)
smokim87
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August 18, 2017, 05:26:48 PM
 #5501

I think this coin has vaporized.
Total absence and unwillingness of dev team to interact with the community has killed it.
So far investing in something where the dev wants to stay anonymous.
This is one of the worst managed coins around.
Its a shame for all the work dev did to get this out there but when Mne doesn't work Mne 2 won't be interesting as well.
I will wrap my coins for a birthday present now.
Good bye folks and good luck

The dev said that the new coin is going to be released by the end of this month:

https://bitcointalk.org/index.php?topic=1867535.msg20558048#msg20558048

So what are you complaining about exactly? You want dev to babysit you? lol

Good luck with your birthday present, you will realize you would be able to buy 1000 of those presents with the future price?  Wink

Maybe not so long.... next month we will have a boom Smiley

new coin, nme2, version 2


Honestly, who gives a f***?
How often do i have to reiterate that dev said this new coin will be completely separate from MNE. Just a side project with the gimmick to burn NME.
There is no development announced for NME. Period.


By now of course MNE will pump when dev makes as much as a fart. Of course MNE will pump when MNE2 will be announced.

In my opinion, its either buy low now and have the trust, or sell at the upcoming pump and invest in other coins. Because honestly, there is so much other potential in cryptocurrency out there than this. Even if you just convert to BTC

If that's true then I am pretty sure they own a thousands of genesis addresses. Holding a few coins, just waiting for a pump to dump. Not liking these air drops unless they put strict conditions. Wondering how thousands of addresses were submitted in 24 hours that fast while other giveaways take at least a week to rack up those numbers...having doubts with this one.
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August 18, 2017, 06:23:08 PM
 #5502

Under 1$ already.. we re going much lower till update
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August 18, 2017, 07:45:50 PM
 #5503

Under 1$ already.. we re going much lower till update

Again, this coin is fucked up by an absentee landlord.
cordlesslake
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August 18, 2017, 07:55:25 PM
 #5504

I've lost a lot of money on this endeavor.
Not in my wildest dreams I thought a 90% drop in 30 days.
Not with this kind of commitment by the dev.
I've got other heavy bags, but this is ridiculous.

I guess I'll just hold.
i have lost many btc in other  well know big project , in crypto need to be patient and old the coin
Ale88
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August 18, 2017, 10:45:29 PM
 #5505

I'm back after a while because every time I check the price I get depressed, until now MNE has been my worst coin ever... Anyway I'm gonna hold and I'd like to understand one thing about the future (hopefully) version 2: those who already have Minereum don't automatically get the new coin as well, right? You have to choose which one you wanna keep?

Because I understand that from this message:
Keep in mind that Minereum will continue its own path independently of the new token and current holders will be able to convert MNE to the new token if they wish.

So what do we have to do, toss a coin and decide which token we want? I'm quite confused  Huh
dandan1010
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August 18, 2017, 11:00:03 PM
 #5506

I will buy some MNE token to have access to MNE2 and hope MNE2 will have a higher value than MNE.

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August 18, 2017, 11:30:40 PM
 #5507

I am still holding , because selling right now means loosing. Hopefully at the end of august MNE 2.0 will launch and it will moon.

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August 19, 2017, 12:27:14 AM
 #5508

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August 19, 2017, 08:15:47 AM
 #5509

If we say that there are points, let's just wait for the end of the program. Because I think after third week of august there is a change in the minereum. So let's just trust in the dev team of the minereum.
smokim87
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August 19, 2017, 08:37:38 AM
 #5510

I'm back after a while because every time I check the price I get depressed, until now MNE has been my worst coin ever... Anyway I'm gonna hold and I'd like to understand one thing about the future (hopefully) version 2: those who already have Minereum don't automatically get the new coin as well, right? You have to choose which one you wanna keep?

Because I understand that from this message:
Keep in mind that Minereum will continue its own path independently of the new token and current holders will be able to convert MNE to the new token if they wish.

So what do we have to do, toss a coin and decide which token we want? I'm quite confused  Huh

What they mean:

We did a air drop and submitted 1000s of addresses and closed submissions in 24 hours. Generated 1000s of coins from our free accounts and been dumping it on everyone.

Volume dried up, price went to shit and no one interested anymore.

Do another new coin called it v2, separate from MNE and people can swap if they want. We get steal more coins and swap our free MNE also and dump on the new coin.

Shit reminds me of Zclassic and Zen...

This all has scam written all over it...
Tonton99
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August 19, 2017, 08:39:03 AM
 #5511

If we say that there are points, let's just wait for the end of the program. Because I think after third week of august there is a change in the minereum. So let's just trust in the dev team of the minereum.

It depends on how Dev leverages the news, will he transform again in the active communicating Dev from June and transmits his energy to this community so we can radiate this further, no doubt that MNE will recover!
It has not lost it's uniqueness and purpose (token creation, promising roadmap) and I am sure that he will come up with an interesting proposal for MNE holders to transfer part of there coins to MNE V2.

It all depends on the scale of bringing the news to the crypto community and the amount of coverage it gets.

CryptoMeister
Tonton99
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August 19, 2017, 08:52:49 AM
 #5512

I'm back after a while because every time I check the price I get depressed, until now MNE has been my worst coin ever... Anyway I'm gonna hold and I'd like to understand one thing about the future (hopefully) version 2: those who already have Minereum don't automatically get the new coin as well, right? You have to choose which one you wanna keep?

Because I understand that from this message:
Keep in mind that Minereum will continue its own path independently of the new token and current holders will be able to convert MNE to the new token if they wish.

So what do we have to do, toss a coin and decide which token we want? I'm quite confused  Huh

What they mean:

We did a air drop and submitted 1000s of addresses and closed submissions in 24 hours. Generated 1000s of coins from our free accounts and been dumping it on everyone.

Volume dried up, price went to shit and no one interested anymore.

Do another new coin called it v2, separate from MNE and people can swap if they want. We get steal more coins and swap our free MNE also and dump on the new coin.

Shit reminds me of Zclassic and Zen...

This all has scam written all over it...

The total supply is still very low compared to most other coins so there is much potential for growth but it depends on many things to fall into place.
All the airdropped genesis accounts will continue mining for decades but inflation is IMO limited compared to some other Alts (e.g. Timereum as good example).
Current trade levels are too low to let MNE resurrect since the supply of coins keep the price low with limited demand. If demand increases the supply of coins will come from current investors and they will try to lift the price up.  This is not a scam coin but you can argue about the level of professionalism to manage its awareness on a continuous base. All MNE needs is ongoing awareness to keep trading levels high, potentially bigger exchanges to attract more liquidity and a more active communicating dev who elaborates more about the stuff he is working on to keep the community reassured that long term hold is a good investment.

Don't get me wrong, I am also frustrated that so many potential gets lost due to long periods of seemingly inactivity of Dev but it can easily turnaround into a positive thing once he gets his act together and takes care of both the ATL as BTL elements of managing his enterprise.

Just wait until the details of the swap are more clear before commenting on it based on pure speculation. It might be very innovative and never tried before so that must be worth something right? Maybe in a while we look back to this moment and feel happy that we kept believing in it during these barren ages

CryptoMeister
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August 19, 2017, 09:28:18 AM
 #5513

I'm back after a while because every time I check the price I get depressed, until now MNE has been my worst coin ever... Anyway I'm gonna hold and I'd like to understand one thing about the future (hopefully) version 2: those who already have Minereum don't automatically get the new coin as well, right? You have to choose which one you wanna keep?

Because I understand that from this message:
Keep in mind that Minereum will continue its own path independently of the new token and current holders will be able to convert MNE to the new token if they wish.

So what do we have to do, toss a coin and decide which token we want? I'm quite confused  Huh

What they mean:

We did a air drop and submitted 1000s of addresses and closed submissions in 24 hours. Generated 1000s of coins from our free accounts and been dumping it on everyone.

Volume dried up, price went to shit and no one interested anymore.

Do another new coin called it v2, separate from MNE and people can swap if they want. We get steal more coins and swap our free MNE also and dump on the new coin.

Shit reminds me of Zclassic and Zen...

This all has scam written all over it...

 if am not mistaken, zen had an ICO, minereum was freely airdropped. No one was forced to buy minereum, we did it out of our own accord. The tech is up to date as promised. sure the dev is not active but we can't deny that he or she has fulfilled everything promised with the coin.
 ppl are quick to yell scam whenever a coin loses value but I didn't hear anyone yelling scam accusation when the coin was trading at $8. Most of us have lost money with the coin, but like i said no one forced us to buy the coin. and if you bought it due to the proposed tech, then you have no reason to complain cos it's up to date.

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Noobquestions
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August 19, 2017, 11:26:19 AM
 #5514

I'm back after a while because every time I check the price I get depressed, until now MNE has been my worst coin ever... Anyway I'm gonna hold and I'd like to understand one thing about the future (hopefully) version 2: those who already have Minereum don't automatically get the new coin as well, right? You have to choose which one you wanna keep?

Because I understand that from this message:
Keep in mind that Minereum will continue its own path independently of the new token and current holders will be able to convert MNE to the new token if they wish.

So what do we have to do, toss a coin and decide which token we want? I'm quite confused  Huh

What they mean:

We did a air drop and submitted 1000s of addresses and closed submissions in 24 hours. Generated 1000s of coins from our free accounts and been dumping it on everyone.

Volume dried up, price went to shit and no one interested anymore.

Do another new coin called it v2, separate from MNE and people can swap if they want. We get steal more coins and swap our free MNE also and dump on the new coin.

Shit reminds me of Zclassic and Zen...

This all has scam written all over it...

The total supply is still very low compared to most other coins so there is much potential for growth but it depends on many things to fall into place.
All the airdropped genesis accounts will continue mining for decades but inflation is IMO limited compared to some other Alts (e.g. Timereum as good example).
Current trade levels are too low to let MNE resurrect since the supply of coins keep the price low with limited demand. If demand increases the supply of coins will come from current investors and they will try to lift the price up.  This is not a scam coin but you can argue about the level of professionalism to manage its awareness on a continuous base. All MNE needs is ongoing awareness to keep trading levels high, potentially bigger exchanges to attract more liquidity and a more active communicating dev who elaborates more about the stuff he is working on to keep the community reassured that long term hold is a good investment.

Don't get me wrong, I am also frustrated that so many potential gets lost due to long periods of seemingly inactivity of Dev but it can easily turnaround into a positive thing once he gets his act together and takes care of both the ATL as BTL elements of managing his enterprise.

Just wait until the details of the swap are more clear before commenting on it based on pure speculation. It might be very innovative and never tried before so that must be worth something right? Maybe in a while we look back to this moment and feel happy that we kept believing in it during these barren ages

Minereum has a special kind of Airdrop. Its actually still airdropping.
Basically, this was a pretty neat idea. There are a few lucky people to feed the market with coins, and if demand is high enough the price can be stable even if genesis holders continue to sell.

But whats happening right now is, that the demand is non existant and thus price is dropping to the floor because you simply can only feed genesis holders free money. When there is so little trading volume, you will only ever feed genesis holders.
As more and more coins are generated, price will continue to fall if there is no demand on the other side. (Guys, its always the same principle: supply & demand).

Right now, all that happens is genesis holders making free money. The price has to increase at least tenfold to have a healthy supply & demand market. If that does not happen, then this special kind of airdrop will fail the whole project.
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August 19, 2017, 12:08:02 PM
 #5515

Damn, now it's going to zero.
Thanks Dev
Trend is completely opposite to most other coins. I guess ATH is out of the question any time soon.
Hopefully some P&D scheme picks this one up soon :-$
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August 19, 2017, 12:38:59 PM
 #5516

I can still wait for Minereum version 2. I am a believer of Minereum project too. So let us inform one another for the latest update. Be positive.

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August 19, 2017, 12:50:03 PM
 #5517

Damn, now it's going to zero.
Thanks Dev
Trend is completely opposite to most other coins. I guess ATH is out of the question any time soon.
Hopefully some P&D scheme picks this one up soon :-$


Well Pool, it's all about trading levels. Instead of complaining all the time bring some positive vibe to this thread.
Due to the relative low supply this coin can take off again since nothing has changed on the tech, its still working fine.
Take a rest for a while and check up occasionally on the status of MNE, I bet your will be surprised how fast it will gain traction once new developments are announced.

I hope everyone will refrain from airing frustration all the time. Focus on improvement like PR, communication ect to increase the traction once it starts moving again.

Also call to Dev to start talking more about his idea's and the required status updates. End of August is approaching fast so can we still assume everything is on track? Worldapp is in the works? Lottery idea still feasible?

This is all we need, nothing more nothing less. It's important that idea's and status updates are aired more frequently to assure development is on its way. We have seen trading levels > 100k before so its still possible, once things are cleared it starts moving upwards again.

Nothing wrong with automining, this coin is still 4 months old which would be incubation time still. Genesis holders should be aware of the fact that there is still a long way to go until their smart contract expires so they should also be cautious not the breakdown the machine by selling so low. Maybe stop a while selling your mined coins until we are trading at a much higher level. Or save up your mined coins and exchange those for MNE V2 when the time comes.

Maybe fighting windmills now but I still believe, when executed right, that MNE has a bright future ahead. Believe me that I had multiple opportunities to sell but I didn't because IMO its still a valuable asset in my portfolio.

Low supply, ongoing development, innovative swap option, ... enough to look ahead for. Be patient and supportive and it will come back to you

CryptoMeister
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August 19, 2017, 02:14:39 PM
 #5518

^ well said, i agree.  thanks for the thoughtful words.
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August 19, 2017, 02:24:27 PM
 #5519

I'm back after a while because every time I check the price I get depressed, until now MNE has been my worst coin ever... Anyway I'm gonna hold and I'd like to understand one thing about the future (hopefully) version 2: those who already have Minereum don't automatically get the new coin as well, right? You have to choose which one you wanna keep?

Because I understand that from this message:
Keep in mind that Minereum will continue its own path independently of the new token and current holders will be able to convert MNE to the new token if they wish.

So what do we have to do, toss a coin and decide which token we want? I'm quite confused  Huh

What they mean:

We did a air drop and submitted 1000s of addresses and closed submissions in 24 hours. Generated 1000s of coins from our free accounts and been dumping it on everyone.

Volume dried up, price went to shit and no one interested anymore.

Do another new coin called it v2, separate from MNE and people can swap if they want. We get steal more coins and swap our free MNE also and dump on the new coin.

Shit reminds me of Zclassic and Zen...

This all has scam written all over it...

The total supply is still very low compared to most other coins so there is much potential for growth but it depends on many things to fall into place.
All the airdropped genesis accounts will continue mining for decades but inflation is IMO limited compared to some other Alts (e.g. Timereum as good example).
Current trade levels are too low to let MNE resurrect since the supply of coins keep the price low with limited demand. If demand increases the supply of coins will come from current investors and they will try to lift the price up.  This is not a scam coin but you can argue about the level of professionalism to manage its awareness on a continuous base. All MNE needs is ongoing awareness to keep trading levels high, potentially bigger exchanges to attract more liquidity and a more active communicating dev who elaborates more about the stuff he is working on to keep the community reassured that long term hold is a good investment.

Don't get me wrong, I am also frustrated that so many potential gets lost due to long periods of seemingly inactivity of Dev but it can easily turnaround into a positive thing once he gets his act together and takes care of both the ATL as BTL elements of managing his enterprise.

Just wait until the details of the swap are more clear before commenting on it based on pure speculation. It might be very innovative and never tried before so that must be worth something right? Maybe in a while we look back to this moment and feel happy that we kept believing in it during these barren ages

Minereum has a special kind of Airdrop. Its actually still airdropping.
Basically, this was a pretty neat idea. There are a few lucky people to feed the market with coins, and if demand is high enough the price can be stable even if genesis holders continue to sell.

But whats happening right now is, that the demand is non existant and thus price is dropping to the floor because you simply can only feed genesis holders free money. When there is so little trading volume, you will only ever feed genesis holders.
As more and more coins are generated, price will continue to fall if there is no demand on the other side. (Guys, its always the same principle: supply & demand).

Right now, all that happens is genesis holders making free money. The price has to increase at least tenfold to have a healthy supply & demand market. If that does not happen, then this special kind of airdrop will fail the whole project.
That is what I am telling to this guys and they just also doesnt get it, just look at the circulating supply, it will be very very volatile. Look what will happen if some pump group, or legit investors come in, the price will shot high again, But I agree that the problem here is looking for new investors atm. But the project is not dead, and will not be dead, because even dev don't do something about it, we as a community can contribute on the developments of minereum.

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oldcoinguru
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August 19, 2017, 02:30:05 PM
 #5520

I'm back after a while because every time I check the price I get depressed, until now MNE has been my worst coin ever... Anyway I'm gonna hold and I'd like to understand one thing about the future (hopefully) version 2: those who already have Minereum don't automatically get the new coin as well, right? You have to choose which one you wanna keep?

Because I understand that from this message:
Keep in mind that Minereum will continue its own path independently of the new token and current holders will be able to convert MNE to the new token if they wish.

So what do we have to do, toss a coin and decide which token we want? I'm quite confused  Huh

What they mean:

We did a air drop and submitted 1000s of addresses and closed submissions in 24 hours. Generated 1000s of coins from our free accounts and been dumping it on everyone.

Volume dried up, price went to shit and no one interested anymore.

Do another new coin called it v2, separate from MNE and people can swap if they want. We get steal more coins and swap our free MNE also and dump on the new coin.

Shit reminds me of Zclassic and Zen...

This all has scam written all over it...

It's a fact that the OP holds thousands of addresses and dumped their minereum.  There is no way they distributed those over 4000 genesis addresses to that many unique people. Anyone that bought this will just continue to get dumped on as new minereum is generated everyday by those genesis addresses.
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