guigui371
Legendary
Offline
Activity: 2114
Merit: 1693
C.D.P.E.M
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August 25, 2017, 06:24:34 AM |
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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. Hi, This has been quoted like 200 times ! Everybody is like OMG 1 ETC = 10 MNE so MNE = 1/10 ETH = 300usd/10 = 30usd$ This is dumb ! it is only going to be for a mere 24h before the next rate is 20MNE for 1.5ETH = 1.5x300 / 20 : MNE = 22.5$ for the following 4 weeks Just my 2 cts. FYI : i will be in the ART ico using the MNE i have right now, not buying new one
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it ain't much but it's honest work
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niceli
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August 25, 2017, 08:09:01 AM |
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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. Hi, This has been quoted like 200 times ! Everybody is like OMG 1 ETC = 10 MNE so MNE = 1/10 ETH = 300usd/10 = 30usd$ This is dumb ! it is only going to be for a mere 24h before the next rate is 20MNE for 1.5ETH = 1.5x300 / 20 : MNE = 22.5$ for the following 4 weeks Just my 2 cts. FYI : i will be in the ART ico using the MNE i have right now, not buying new one I don't see your point, 22.5$ is still a great exchange rate. I think that everyone is waiting now for the dev to provide more details regarding the ART ICO. My expectation for MNE is to hit somewhere around 15$ which is still a great value for people who want to be in on ART and don't hold MNE yet.
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Lunar Crank
Full Member
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Activity: 910
Merit: 106
www.cd3d.app
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August 25, 2017, 08:49:50 AM |
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I think some people made a lot of money using this news. So many people bought MNE with the price 150000 and higher, and then price is dumping so fast. The price difference remained in someone's hands.
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minereum (OP)
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August 25, 2017, 09:11:55 AM |
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MiBambino
Sr. Member
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Activity: 644
Merit: 252
IMUSIFY - Award Winning Blockchain Music Tech
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August 25, 2017, 09:52:04 AM |
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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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levelten
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August 25, 2017, 11:33:40 AM |
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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.
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MiBambino
Sr. Member
Offline
Activity: 644
Merit: 252
IMUSIFY - Award Winning Blockchain Music Tech
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August 25, 2017, 11:55:24 AM Last edit: August 25, 2017, 12:14:50 PM by MiBambino |
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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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valouv
Newbie
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Activity: 39
Merit: 0
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August 25, 2017, 11:55:41 AM |
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This is very good news
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CUH
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August 25, 2017, 12:28:01 PM |
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How good that now the price has fallen to a level below 100 К, I just managed to sell my tokens early at a price of 120 К. But now we need to wait for the moon
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Münzpräger
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August 25, 2017, 12:57:07 PM |
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I'm eagerly waiting for the Artemine ANN thread. People should have time to buy MNE. Don't be like these newbie scammers that open threads that their ICO will be starting in 5 minutes and that you need to hurry in order to get a bonus.
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RobbWorld
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August 25, 2017, 01:01:16 PM |
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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? It's not important 1, 10 or 60 year. All investors are in the same conditions. For example if we have 1 million tokens, 1 year and price 1$ after 1 month (total tokens 83k, market cap is 83k $), then for 10 years period after 1 month we will have 10$ price (total tokens 8.3k, but market cap sure will be same 83k $ and price 10$ case in this case it's a rare token and low supply). Just simple math. Difference is only speed of price change cause inflation.
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Jarkss
Member
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Activity: 80
Merit: 45
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August 25, 2017, 01:13:16 PM |
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Thiss coin hhas a lot of potential and hhas an active community. really excited hhere.
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loli974
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August 25, 2017, 01:28:18 PM |
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thanks for the share, good advertising for minereum.
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ikilledcobain
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August 25, 2017, 01:55:51 PM |
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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.
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Amel
Legendary
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Activity: 1638
Merit: 1033
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August 25, 2017, 02:20:50 PM |
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I'm eagerly waiting for the Artemine ANN thread. People should have time to buy MNE. Don't be like these newbie scammers that open threads that their ICO will be starting in 5 minutes and that you need to hurry in order to get a bonus.
Yes at the moment there are only a few explanations on white paper http://artemine.org/ArtemineWhitepaperDraft0.1.pdfThis seems to be incomplete so we need more information. I have some MNE and want to swap with Artemine.
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ioanbtc
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August 25, 2017, 03:47:19 PM |
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When will the exact start date be known ICO?
I think will start at 1st September. If i buy with MNE in first day i will get 1000 ART or is need to wait 60 years to mine it? You will receive about 1.3888 coins monthly (daily about 0.0463 coins). 60 years I thought i will receive 1000 ART token and with this 1000 token will mine every month. Will be the price of 1 ART token at least 30$ ?
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primipapa
Newbie
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Activity: 32
Merit: 0
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August 25, 2017, 03:55:55 PM |
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I thought i will receive 1000 ART token and with this 1000 token will mine every month. Will be the price of 1 ART token at least 30$ ?
It is going to at least the moon, or toward far far away 100$ 1000$ who knows By 2022: 1 BTC = 1 ART!
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@Hakermania@
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August 25, 2017, 04:31:28 PM |
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This is very good news That is a great news, minereum will be very expencive soon! Do you know when ICO start?
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niceli
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August 25, 2017, 04:48:27 PM |
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I hope everybody has loaded themselves with those MNEs before the ART ANN is going up.
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