thang long
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August 21, 2017, 01:58:05 PM |
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Screw that.
I am the last person to scream s.c.a.m. and I really don't think it is one.
Just badly, really badly managed.
ICO. My ass. I will be watching out for this coin, but only to get the best/ less worse deal out of it.
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thang long
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August 21, 2017, 02:08:48 PM |
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Ooooh Dev is on vacation
Oooh dev doesnt respond here; he is really working hard
ooohh [insert new shitcoin] without proper explanation
Sold everything I had. Pls PM me screenshots of this thing mooning.
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HerthaYid
Member
Offline
Activity: 123
Merit: 10
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August 21, 2017, 02:11:39 PM |
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Ooooh Dev is on vacation
Oooh dev doesnt respond here; he is really working hard
ooohh [insert new shitcoin] without proper explanation
Sold everything I had. Pls PM me screenshots of this thing mooning.
Will send screenshots as requested.
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Mr. Pool
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August 21, 2017, 03:18:15 PM |
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So essentially, the price of MNE will be determined by the exchange rate of 1 MNE to Artemine. If 1 ETH = 1000 ART and 10 MNE = 1000 ART (Example) then the price of MNE should technically reach somewhere near 10% of ETH price IF there is a large enough interest in the project. It would eventually balance itself out, who would invest 1 ETH into ART if you could get the same amount of ART for cheaper by purchasing MNE and converting?
If that was the case it would be terrific! MNE rate explodes since everybody want to get into ART using MNE. I truly hope Dev will consider something like this for a limited time only to allow MNE holders to get a good deal for ART. We all know the sudden sidepath in development did not do well for MNE upon this point and hopefully Dev agrees that MNE holders deserve some kind of relieve.
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bob75coin
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August 21, 2017, 03:32:43 PM |
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Will The chance to set a price for automatic selling of artmine genesis address be 1 time only or it will be adjustable?
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Odeoke
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August 21, 2017, 03:39:43 PM |
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Will The chance to set a price for automatic selling of artmine genesis address be 1 time only or it will be adjustable?
Still no details about that how this will work maybe this is just an idea in coming days we will get details about that how it will work. Anyway this ICO is looking confusing at this stage how this will work I think better to wait for more details.
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bspus
Legendary
Offline
Activity: 2165
Merit: 1002
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August 21, 2017, 03:40:43 PM |
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So essentially, the price of MNE will be determined by the exchange rate of 1 MNE to Artemine. If 1 ETH = 1000 ART and 10 MNE = 1000 ART (Example) then the price of MNE should technically reach somewhere near 10% of ETH price IF there is a large enough interest in the project. It would eventually balance itself out, who would invest 1 ETH into ART if you could get the same amount of ART for cheaper by purchasing MNE and converting?
1 eth = 1000 art = 50 mne would be a much more realistic rate. With eth at around $300, that would bring mne to a very decent $6. Going for a $30 mne would be far too unrealistic
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Mr. Pool
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August 21, 2017, 03:41:41 PM |
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There is mess of opinions and everyone is showing concerns over different things. I need to read all previous discussions and white paper to understand what really created all this confusion. At large glance it seems ratio of MNE against ARTE token is basic element of confusion. I am not clear will see what is all about really.
Confusion is never good in a volatile market so its a legit concern that must be aired. Nothing wrong with ICO'ing a new coin that will serve another purpose and does not take anything away from MNE's purpose but there is one thing that must be addressed and will be addressed until there is a solution for it. From the start it was announced as an upgrade for MNE and this fact alone does put MNE in a kind of awkward position, its kind of damaged in terms of reputation and that needs to be fixed. That fact that it lost so much value has something to do with this damaged rep and Dev knows it. It would be most appropriate to allow MNE holders to get a better deal moving into ART vs. new investors on ETH. This would allow some kind of compensation, will increase the burnrate and would lift the current rate of MNE to a higher level. After this it will be business as usual and MNE can follow its own path which could be a very healthy one considering the roadmap, its own development team and the reduced supply.
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minereum_investor1
Member
Offline
Activity: 110
Merit: 10
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August 21, 2017, 03:47:20 PM |
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Confusion is never good in a volatile market so its a legit concern that must be aired. Nothing wrong with ICO'ing a new coin that will serve another purpose and does not take anything away from MNE's purpose but there is one thing that must be addressed and will be addressed until there is a solution for it. From the start it was announced as an upgrade for MNE and this fact alone does put MNE in a kind of awkward position, its kind of damaged in terms of reputation and that needs to be fixed. That fact that it lost so much value has something to do with this damaged rep and Dev knows it.
It would be most appropriate to allow MNE holders to get a better deal moving into ART vs. new investors on ETH. This would allow some kind of compensation, will increase the burnrate and would lift the current rate of MNE to a higher level. After this it will be business as usual and MNE can follow its own path which could be a very healthy one considering the roadmap, its own development team and the reduced supply.
This dude told everything we need to know in order to solve the issue.
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Mr. Pool
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August 21, 2017, 03:56:57 PM |
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Confusion is never good in a volatile market so its a legit concern that must be aired. Nothing wrong with ICO'ing a new coin that will serve another purpose and does not take anything away from MNE's purpose but there is one thing that must be addressed and will be addressed until there is a solution for it. From the start it was announced as an upgrade for MNE and this fact alone does put MNE in a kind of awkward position, its kind of damaged in terms of reputation and that needs to be fixed. That fact that it lost so much value has something to do with this damaged rep and Dev knows it.
It would be most appropriate to allow MNE holders to get a better deal moving into ART vs. new investors on ETH. This would allow some kind of compensation, will increase the burnrate and would lift the current rate of MNE to a higher level. After this it will be business as usual and MNE can follow its own path which could be a very healthy one considering the roadmap, its own development team and the reduced supply.
This dude told everything we need to know in order to solve the issue. If the deal is good I would consider to move completely to ART and have all my MNE's burned in the process! If others follow that same path, imagine what would happen with the total supply of MNE!! It will be ATH asap I guess and everybody will be happy :-)
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pro100j
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August 21, 2017, 03:59:15 PM |
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is there already separate thread for artimine available or not yet? and yeap, want to know how much will be price for 1000 tokens in MNE. hope will be some discount to mne depositors cause this will stimulate price of mne go up, so it will be win-win
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HerthaYid
Member
Offline
Activity: 123
Merit: 10
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August 21, 2017, 04:01:50 PM |
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So essentially, the price of MNE will be determined by the exchange rate of 1 MNE to Artemine. If 1 ETH = 1000 ART and 10 MNE = 1000 ART (Example) then the price of MNE should technically reach somewhere near 10% of ETH price IF there is a large enough interest in the project. It would eventually balance itself out, who would invest 1 ETH into ART if you could get the same amount of ART for cheaper by purchasing MNE and converting?
1 eth = 1000 art = 50 mne would be a much more realistic rate. With eth at around $300, that would bring mne to a very decent $6. Going for a $30 mne would be far too unrealistic I wouldn't say $30 is unrealistic, it was at $12 with little demand for the coin. What will happen to MNE after the ICO is finished though? Will dev be working on both projects still, or will MNE be left to rot?
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wbulot
Member
Offline
Activity: 101
Merit: 10
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August 21, 2017, 04:45:02 PM |
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The most interesting thing of the new whitepaper for me is the last part : "Launching an ICO Factory". If this feature is well developed, MNE can become famous again.
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Avugara
Member
Offline
Activity: 112
Merit: 10
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August 21, 2017, 06:08:12 PM |
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Mheen this is bad.....confusion everywhere pls i just wanna see mne grow so dat i can benefit from it a little bit
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Tonton99
Full Member
Offline
Activity: 252
Merit: 100
What if I sold?
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August 21, 2017, 06:28:31 PM |
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So essentially, the price of MNE will be determined by the exchange rate of 1 MNE to Artemine. If 1 ETH = 1000 ART and 10 MNE = 1000 ART (Example) then the price of MNE should technically reach somewhere near 10% of ETH price IF there is a large enough interest in the project. It would eventually balance itself out, who would invest 1 ETH into ART if you could get the same amount of ART for cheaper by purchasing MNE and converting?
1 eth = 1000 art = 50 mne would be a much more realistic rate. With eth at around $300, that would bring mne to a very decent $6. Going for a $30 mne would be far too unrealistic I wouldn't say $30 is unrealistic, it was at $12 with little demand for the coin. What will happen to MNE after the ICO is finished though? Will dev be working on both projects still, or will MNE be left to rot? Read Dev's message pls. MNE will continue to have its dedicated team so don't worry, it will see its development. ART will have different features and a different purpose but this won't take anything away from the future of MNE itself. I would like to keep the discussion focussed on the benefits for MNE holders before the ETH ICO. No one should have doubts or FUD the future of MNE but the main focus should be to protect its value and to make sure it benefits from the ICO as well. So, get the incentive for MNE, more coins to burn, less supply after ICO, lots of upside in exchange rate expected. Please join me in the lobby to get this achieved by Dev's confirmation. I expect you all agree that this is priority #1 Its up to Dev to proof that he is sincere and reliable and does not jeopardize his future's trust rating
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CryptoMeister
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dishku
Legendary
Offline
Activity: 1918
Merit: 1003
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August 21, 2017, 06:35:12 PM |
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ETA for this upcoming ICO dev will open new thread for this new coin and what is conversion rate. I didn't find the accurate amount in whitepaper it need to get explained in details I think dev is deciding about that?
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minereum (OP)
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August 21, 2017, 06:51:09 PM |
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Hi Everyone, These are the exchange rates we will use for the ICO: The ICO will run for 30 days, for each day you can see the price of 1000 ART in ETH and MNE. As an example, in the first day 1 ETH will buy 1000 ART and 10 MNE will buy 1000 ART. All purchased ART will then be mined for about 60 years as per the current average block time (100000000 ETH blocks), the actual duration will depend on the ethereum block time over time.
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malerowk
Newbie
Offline
Activity: 10
Merit: 0
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August 21, 2017, 06:58:05 PM |
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Hi Everyone, These are the exchange rates we will use for the ICO: https://i.imgur.com/2acf2cZ.pngThe ICO will run for 30 days, for each day you can see the price of 1000 ART in ETH and MNE. As an example, in the first day 1 ETH will buy 1000 ART and 10 MNE will buy 1000 ART. All purchased ART will then be mined for about 60 years as per the current average block time (100000000 ETH blocks), the actual duration will depend on the ethereum block time over time. Do you plan to advertise ART via a marketing campaign, like banners on the major cryptosites and such?
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Tonton99
Full Member
Offline
Activity: 252
Merit: 100
What if I sold?
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August 21, 2017, 07:01:15 PM |
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Hi Everyone, These are the exchange rates we will use for the ICO: The ICO will run for 30 days, for each day you can see the price of 1000 ART in ETH and MNE. As an example, in the first day 1 ETH will buy 1000 ART and 10 MNE will buy 1000 ART. All purchased ART will then be mined for about 60 years as per the current average block time (100000000 ETH blocks), the actual duration will depend on the ethereum block time over time. THX!! Well done, this is really a great offer. So MNE is worth 30 USD on day 1!
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CryptoMeister
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pro100j
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August 21, 2017, 07:03:54 PM |
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now its time go to the markets fast and get some mne, cause price definetly will pump before and during ico :DD but 60 years its kind a too much i guess for artimine:/ and when you will announce exact date of ico?
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