MiBambino (OP)
Sr. Member
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Activity: 644
Merit: 252
IMUSIFY - Award Winning Blockchain Music Tech
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June 02, 2017, 03:52:57 PM |
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Minereum grew from about 2.3$ to almost 10$ in a matter of days. I believe the world is slowly discovering this diamond in cryptos, and in my opinion it'll follow the same course as Ethereum did
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iram1011
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June 02, 2017, 03:56:38 PM |
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why you think this altcoins get this big pump?
probably I guess it's just speculation and invest money in a coins with a bigger growth like this is even a big risk.
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mnemonicsoup
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June 02, 2017, 05:11:44 PM Last edit: June 02, 2017, 11:33:43 PM by mnemonicsoup |
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why you think this altcoins get this big pump?
probably I guess it's just speculation and invest money in a coins with a bigger growth like this is even a big risk.
It offers a unique mining distribution and an one click Ethereum token creation service which afaik nobody else does. Plus the market cap is tiny, the price only so high because of the low supply. But only on one market so far, so perhaps a bit early to get into it.
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a29654
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June 02, 2017, 05:35:21 PM |
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If you can't see how manipulated this coins is you probably shouldn't invest
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mnemonicsoup
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June 02, 2017, 07:01:45 PM |
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If you can't see how manipulated this coins is you probably shouldn't invest
Just out of curiosity, could you explain how this market is manipulated? Its a tiny market cap, so it doesnt take a lot to go up, no?
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Densitymax
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June 02, 2017, 07:07:51 PM |
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I think that this growth will continue in anticipation of adding to the next exchange.
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cryptofirm
Sr. Member
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Activity: 1039
Merit: 250
BabelFish - FISH Token Sale at Sovryn
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June 02, 2017, 09:33:42 PM |
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I think that this growth will continue in anticipation of adding to the next exchange.
everyone start buying this coin a few days ago, because the dev say this MNE will have new exchange, and everyone think and want this MNE listed on Bittrex,,
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Sweex
Newbie
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Activity: 9
Merit: 0
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June 02, 2017, 09:49:04 PM |
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Totally manipulated coin. For three days it's going like: +70% Pump -> -20% correction -> slowly back to highest point -> plateau -> pump again Got in at 110k satoshi, now just enjoying the ride It will definitely pump more after introduction on Bittrex. Some people want this coin to go up.
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cahkalem
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June 02, 2017, 10:18:53 PM |
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Totally manipulated coin. For three days it's going like: +70% Pump -> -20% correction -> slowly back to highest point -> plateau -> pump again Got in at 110k satoshi, now just enjoying the ride It will definitely pump more after introduction on Bittrex. Some people want this coin to go up. all coins in the market are being manipulated by big players but i hope this MNE is naturally growing by low circulating supply at this moment
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Djentriser
Full Member
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Activity: 223
Merit: 100
🌟 æternity🌟 blockchain🌟
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June 03, 2017, 12:18:18 AM |
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I don't see anything so special it their white paper. Most probably just the regular pump and dump technique haha. I don't think that it's worth investing in it better stay away!
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cahkalem
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June 03, 2017, 09:21:33 PM |
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I don't see anything so special it their white paper. Most probably just the regular pump and dump technique haha. I don't think that it's worth investing in it better stay away!
Minereum - The first Self Mining Smart Contract and you can watch the price is growing everyday,, if this MNE listed on Bittrex you can see MNE on the TOP 20 cryptocurrency in coinmarketcap
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michellee
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June 03, 2017, 09:25:31 PM |
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I don't see anything so special it their white paper. Most probably just the regular pump and dump technique haha. I don't think that it's worth investing in it better stay away!
Minereum - The first Self Mining Smart Contract and you can watch the price is growing everyday,, if this MNE listed on Bittrex you can see MNE on the TOP 20 cryptocurrency in coinmarketcap maybe you're right bro and if its true, then i think its time to make some money on bittrex but in the meantime, i will watch first in their project and thinking if its a good coins to trade or not. i think its too soon to see MNE to going to the TOP 20 cryptocurrency as MNE have many coins to compete.
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mnemonicsoup
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June 03, 2017, 09:32:10 PM |
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I don't see anything so special it their white paper. Most probably just the regular pump and dump technique haha. I don't think that it's worth investing in it better stay away!
Minereum - The first Self Mining Smart Contract and you can watch the price is growing everyday,, if this MNE listed on Bittrex you can see MNE on the TOP 20 cryptocurrency in coinmarketcap I don't think Bittrex would catapult it up to top twenty. But I find their (kind of like NEM 2.0) token distribution interesting. Also, their Ethereum token creation service is unique so far. Or is there any one else doing that? It definitely has some unique attributes.
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Clement Kaliyar
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June 03, 2017, 09:44:32 PM |
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I really missed out on Minereum,i heard about this project but then i forgot about it while i was busy else where and i saw the price moving higher but was afraid to get in since i am not sure how long the rally continues,i thought we could see a correction in it,but it kept on going.
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mnemonicsoup
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June 03, 2017, 11:17:46 PM |
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Wow, huge drop. Interesting read: I figured since my original post has been re-posted several times, I would clean up some language and typos in it as well as expand on my fifth point. So here is the update version. Thanks everyone who has shared! Cheers.
Why I believe in Minereum
(Full Disclosure: I have gotten behind this project on a magnitude of 1000s of dollars.)
As I have written about before, assuming the developers follow through, there is a lot to be excited about with this token.
Here are the obvious strengths of Minereum:
First coin to self-mine Releases in predictable way Does not require energy
First to create easy token creation service This will include tokens that use the same innovative self-mining process Will make Ethereum token use-cases accessible to the masses
Potential world-wide lottery service Paid into only with Minereum Increases rate at which Minereum is taken out of circulation
Tokens received from services will be destroyed Taking them out of circulation and increasing scarcity/value
But there is much that gives me pause for concern. The primary tenants of Ethereum are decentralization and transparency. This project does well to address the former, but severely lacks in the latter. The way the Ethereum addresses are set up with smart contracts, to release tokens at a trickle, with no outside manipulation is spot-on. The idea behind the project is good too, creating a service that will allow the masses to create decentralized tokens for decentralized services. But the elusiveness of the developers is frustrating.
The person behind the domain registration of Minereum.com is anonymous, the updates are vague and few and far between, there is no window into developer communication, there has been no mention of how many addresses the developers have reserved for themselves, there has been no public invitation to the community to test services in development or even a bit of digital evidence to show progress on future services, to name a few.
Even so, I still believe in this project. Here is why.
First and foremost, when the developers do deliver on their promises (assuming they are good products). They are going to be huge. Creating an easy to use service to create tokens will change the landscape of Ethereum and Crypto in general. Minereum in many ways will become a gateway to Ethereum (plus the whole new type of smart-contract-trickle-release-thing).
Second, this token is limited big time. There just isn’t much of it. It doesn’t take that many investors to raise the price. When the developers follow through with their promises, it’s going to head for the moon. This would happen even without the whole destroying tokens used for official Minereum services promise (So that’s like a bonus).
Third, this token is out in the wild. It doesn’t matter what the developers do at this point. A solid algorithm has already been set up and tied to 4000+ Genesis ETH accounts. This token is going to continue trickling into the crypto space for the next 47 years, period. This is true even if the developers do nothing, even if the developers reserved half+ genesis addresses for themselves. The worst that could happen - they slowly sell their stake as it becomes available and someone else buys into the token.
Fourth, we don’t need the developers anymore. The important infrastructure of this token has been built. The tokens are in place, smart contracts have been initiated, the developers built something that can’t be stopped. We have a bonafide working cryptocurrency. WE can build services that only accept Minereum, if we wanted to (well I couldn’t, because I don’t know anything about coding, but you catch my drift). Don’t get me wrong, I want the developers to follow-through, but if they don’t, we can pick up the slack.
Fifth and finally, I don’t think the developers have bowed out yet or will anytime soon because the pay-off simply isn’t big enough for them yet. With such a small amount of Minereum released each day combined with the small market cap, the amount of work put into this token just doesn’t equal the pay-off at this point. The developers have built something that literally locks them out of cheating their followers. Their pay-off only gets better if they deliver. If they sell too much now, the market crashes and they get away with very little. If they wait a little longer to sell so they make a significant profit even though also crashing the market, then they are cheating themselves out of 47 years of price-increase. Even if this is a scam-coin, the scam-artists are playing the long game, they need this token to be a solid mover in the market. Even if the developers have half the addresses reserved for themselves, a lot more work will need to be put into the promotion and reputation of this token before they will be able to sell it at a significant profit and even then they will have to sell slowly. From what I can tell the DNA of this token just wasn’t designed in a way conducive to someone trying to make a quick buck.
I don’t know why the developers don’t open up more channels of communication and avenues of transparency and to be frank, I find it slightly annoying as it seems antithetical to the project. But regardless of our qualms with the way the project is being managed, I think the evidence that this is a legitimate project which will benefit all participants is much stronger than the opposite. This is why I believe in Minereum and think it will succeed in unexpected and hopefully immeasurable ways.
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krisnajsadrak
Sr. Member
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Activity: 1092
Merit: 250
Hodlers Network
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June 04, 2017, 08:15:53 AM |
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Wow, huge drop. few people say this is huge dump,, but this only a correction, when i look at the charts and add fibonacci retracement tool the price is bounce in the golden ratio of fibonacci .. and ready to go to the next target
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