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Author Topic: [ANN] Minereum - First Self Mining Smart Contract  (Read 438015 times)
ioanbtc
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September 15, 2017, 06:23:55 PM
 #6521

I don't understand a thing. Why the price of minereum still decreased once most of people buy Minereum to invest in ArteMine?

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September 15, 2017, 06:55:44 PM
 #6522

I don't understand a thing. Why the price of minereum still decreased once most of people buy Minereum to invest in ArteMine?

Because everybody knows it will collapse after 11:59 UTC as ART moves to day 2.
Not a single buyer sees this as future investment anymore but only a way to get into ART cheap. The ones that still have MNE want to get out so that's why so many buy orders got filled instead of sell orders. This is keeping the price low w/o any feasibility to increase to a new ATH anymore.
Me as well was really convinced that MNE would reach ATH once the ICO went live but realised today that it was not in the cards

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September 15, 2017, 07:08:05 PM
 #6523

But still it's cheaper to change ETH to MNE and buy with MNE.
And this won't change during the time of ICO.
So if there will be some advertisement and more people want to join, the MNE price might come back up.
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September 15, 2017, 07:15:22 PM
 #6524

I don't understand a thing. Why the price of minereum still decreased once most of people buy Minereum to invest in ArteMine?

Because everybody knows it will collapse after 11:59 UTC as ART moves to day 2.
Not a single buyer sees this as future investment anymore but only a way to get into ART cheap. The ones that still have MNE want to get out so that's why so many buy orders got filled instead of sell orders. This is keeping the price low w/o any feasibility to increase to a new ATH anymore.
Me as well was really convinced that MNE would reach ATH once the ICO went live but realised today that it was not in the cards

I may be dead wrong on this, but doesn't artemine work in tandem with minereum?  I thought the two relied on each other between the token generation and the ICO factory.  Again, might be totally off on this but believe this to be the case...
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September 15, 2017, 07:30:48 PM
 #6525

I am afraid once day 1 is over mne will collapse completely since the urgency is gone.
Also livecoin withdrawal ruined this ICO

Price MNE 0.00048010 is - 40 % in one day.

Maybe pick up the remains once this is over

It could pick up once it has a new purpose. If they'd give us a decent roadmap for the lottery and the world app, prices could triple in one day

but they wont, because they never have done anything like that.  

Took me the whole day to trade myself out of this mess. Ended up with 4 x more MNE than I started with and converted everything to BTC to catch the uplift.
Made a nice profit though but will leave ART for what it is since I will not want to get stuck with something that mines exceeding my lifespan and that is hard to trade off since its still the same development team that has no clue to run a business.

It has been a nice ride on the waves of MNE but it's bye for now :-)



Do you mind explaining how you managed to trade yourself out of this mess? This seems to be an impressive feat. I wish I could have done it but I have to take the horrible losses now.
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September 15, 2017, 07:54:43 PM
 #6526

I don't understand a thing. Why the price of minereum still decreased once most of people buy Minereum to invest in ArteMine?

Because everybody knows it will collapse after 11:59 UTC as ART moves to day 2.
Not a single buyer sees this as future investment anymore but only a way to get into ART cheap. The ones that still have MNE want to get out so that's why so many buy orders got filled instead of sell orders. This is keeping the price low w/o any feasibility to increase to a new ATH anymore.
Me as well was really convinced that MNE would reach ATH once the ICO went live but realised today that it was not in the cards

I don't see any reason for new collapse (Already happened today). I see totally opposite actually because we all know that MNE coins which went into Artemine ICO, will be burned and there will be 30-50% supply reduction (50% estimate if ARTE ICO goes very well throughout these 4 weeks) for Minereum which means lot of potential for price growth.

And why you sound like MNE's story would end up here? It plays in different area than ARTE and dev will be developing both of them as I have understood.

My pretty conservative estimates for Minereum:
In short-term (within ICO period) MNE will go 2x (100-120k sat) from current price.
In short-mid-term (after ICO) MNE will go 4-6x (200k-300k sat) from this current price.


Market Cap is just so low right now and after the significant supply reduction, the price just must grow.

And remember, the there isn't any significant sell walls out there. Quite free path to the good old MOON I would say.
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September 15, 2017, 08:24:27 PM
 #6527

send minereum   344,124  Grin

People is running away from minereum, like a plague.

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September 15, 2017, 08:29:05 PM
 #6528

I am afraid once day 1 is over mne will collapse completely since the urgency is gone.
Also livecoin withdrawal ruined this ICO

Price MNE 0.00048010 is - 40 % in one day.

Maybe pick up the remains once this is over

It could pick up once it has a new purpose. If they'd give us a decent roadmap for the lottery and the world app, prices could triple in one day

but they wont, because they never have done anything like that.  

Took me the whole day to trade myself out of this mess. Ended up with 4 x more MNE than I started with and converted everything to BTC to catch the uplift.
Made a nice profit though but will leave ART for what it is since I will not want to get stuck with something that mines exceeding my lifespan and that is hard to trade off since its still the same development team that has no clue to run a business.

It has been a nice ride on the waves of MNE but it's bye for now :-)



Do you mind explaining how you managed to trade yourself out of this mess? This seems to be an impressive feat. I wish I could have done it but I have to take the horrible losses now.

I am with ya brother.  I bit the bullet on MNE and took the big stinking poop loss.  I sold most of the bag at $4.00 which was near a break even, but I sold 300 coins today at $2.00 just to be done with it.  Hopeful that ARTE will help ease those pains eventually. 
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September 15, 2017, 08:59:00 PM
Last edit: September 15, 2017, 09:11:10 PM by Slava_K
 #6529

F*ck off dumpers!!!
 Grin
Livecon seriosly recover price. Look and think!

                                 
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September 15, 2017, 09:35:48 PM
 #6530

F*ck off dumpers!!!
 Grin
Livecon seriosly recover price. Look and think!

Livecoin lowest MNE trade price for today was under 0.0003 btc.. like what was going on in the seller's mind? I really can't understand the logic behind that pure waste of money.

Well, atleast buyer must have been happy.  Grin
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September 15, 2017, 09:39:06 PM
 #6531

F*ck off dumpers!!!
 Grin
Livecon seriosly recover price. Look and think!

lol calm down Wink
but in fact you're right.
no one should waste the coins and dump at low price..

the ICO just started.. >200,000 MNE on day1
there will be people who are going to invest at days 2-30 - they don't have MNE but see exchange rates and will think about buying MNE.. so I'm still sure the price will rise
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September 15, 2017, 10:06:48 PM
 #6532

F*ck off dumpers!!!
 Grin
Livecon seriosly recover price. Look and think!

lol calm down Wink
but in fact you're right.
no one should waste the coins and dump at low price..

the ICO just started.. >200,000 MNE on day1
there will be people who are going to invest at days 2-30 - they don't have MNE but see exchange rates and will think about buying MNE.. so I'm still sure the price will rise
On cryptopia by for 0.188 btc, sold in 5 minutes for 0.23 btc!

                                 
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September 15, 2017, 10:20:49 PM
 #6533

The first day of the Artemine ico is almost over.

At the time of this post nearly 400.000 Minereum is donated to Artemine. That is a huge succes. Almost half of the Minereum supply will be burned for sure.

You can check the holdings on
https://ethplorer.io/address/0xcf24fa5606bbe4dab3ba24cb586b4353fe83094a


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September 15, 2017, 10:32:38 PM
 #6534

We are now at 500.000 Minereum collected. There seems however something very tricky about te last 100.000. A huge amount of adreses just donated each time 243.70 mne?  Huh
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September 15, 2017, 10:34:21 PM
 #6535

The first day of the Artemine ico is almost over.

At the time of this post nearly 400.000 Minereum is donated to Artemine. That is a huge succes. Almost half of the Minereum supply will be burned for sure.

You can check the holdings on
https://ethplorer.io/address/0xcf24fa5606bbe4dab3ba24cb586b4353fe83094a


..and 4 weeks left and more burned MNE Grin

Minereum supply is really getting a massive cut. The price just must go to the Moon. Crazy times we are living.. and those who got MNE at the price of 0.003 btc today.. u lucky bastards  Cheesy

We are now at 500.000 Minereum collected. There seems however something very tricky about te last 100.000. A huge amount of adreses just donated each time 243.70 mne?  Huh

Wait WHAt
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September 15, 2017, 10:44:41 PM
 #6536

We are now at 500.000 Minereum collected. There seems however something very tricky about te last 100.000. A huge amount of adreses just donated each time 243.70 mne?  Huh

73.66 MNE too  Grin Grin
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September 15, 2017, 11:02:20 PM
 #6537

There were hundreds of transactions made in 15 minutes all with same ammount of MNE 243.461, if you look into it they are all from MNE genesis addresses that were inactive with all the 32k MNE in it.

In 15 minutes the MNE used in ico went from 400k to 500k with this one guy using a bot made all this transfers and he will be mining more than 500 ARTE a day, just saying...

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September 15, 2017, 11:08:36 PM
 #6538

There were hundreds of transactions made in 15 minutes all with same ammount of MNE 243.461, if you look into it they are all from MNE genesis addresses that were inactive with all the 32k MNE in it.

In 15 minutes the MNE used in ico went from 400k to 500k with this one guy using a bot made all this transfers and he will be mining more than 500 ARTE a day, just saying...

Probably dev has 100s of genesis adress of mne, now he convert them to arte.

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September 15, 2017, 11:10:26 PM
 #6539

There were hundreds of transactions made in 15 minutes all with same ammount of MNE 243.461, if you look into it they are all from MNE genesis addresses that were inactive with all the 32k MNE in it.

In 15 minutes the MNE used in ico went from 400k to 500k with this one guy using a bot made all this transfers and he will be mining more than 500 ARTE a day, just saying...

Makes you wonder who owned all those addresses right?
Dev will have 100+ addresses now mining both MNE and ART which is a masters trick. Wonder when the next coin will be created to allow ART and MNE to participate :-)  This guy is creating multiple money machines with the least effort and investment (no big exchanges, no marketing, no costs no nothing) and maximum ROI for himself for a long term.

CryptoMeister
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September 15, 2017, 11:15:30 PM
 #6540

There were hundreds of transactions made in 15 minutes all with same ammount of MNE 243.461, if you look into it they are all from MNE genesis addresses that were inactive with all the 32k MNE in it.

In 15 minutes the MNE used in ico went from 400k to 500k with this one guy using a bot made all this transfers and he will be mining more than 500 ARTE a day, just saying...

Makes you wonder who owned all those addresses right?

Tha was arround 350 to 350 genesis addresses that were still untouched with 32k MNE in it. He sent all the avalable mne in all those account to ARTE ICO. Suddently all the inactive accounts that people questioned become active and sent it all to ARTE ICO.

DEV should check those accounts and clarify this, deny and block all those transactions from those adds.

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