[ANN] TIMEREUM (TME) VERSION 2.0: "ELIXIR" (ELIX) RELEASED (NEW THREAD)

[freelotus]

So now we all need to come up with a business that would support TME!

[JustMissed]

So now we all need to come up with a business that would support TME!

It could be a good service for ICO token sales, you invest in ICO, and at end of ICO contract gets deployed and you have your tokens.
Just a quick idea. Might make it more complicated though.

[gufpmvgw3334]

so we just have 10 bacth in our lifetime to generate token ? so if there 1254 per bacth max we could generate 12540 ?

Info from Timereum.com:

FUN FACTS
10 Batches per address pair
5000 Maximum coins per batch
50000 Theoretical maximum coins per address pair
10 Years until maximum batch reward

Cool!

How i can get the pair address?
I am confuse about the mining process!

and what function of this coin?

[GraBitCoin]

So now we all need to come up with a business that would support TME!

I hope dev has a development plan and it is envisaged in a smart contract ...

[sammrheza]

so we just have 10 bacth in our lifetime to generate token ? so if there 1254 per bacth max we could generate 12540 ?

No, if you let your address sit for a whole year without mining it, you can generate a maximum of 5,000 coins per year. So if you mine it once a year for 10 years you can generate a maximum of 50,000 coins.

Nope, if you wait until mining after 10 years you get 50k coins (10 x 5k). If you start mining now you get 1250 per batch, so if you hatch all your 10 batches now you get 12.5k coins.

So hatch 1 now and bring it to an exchange to trade it (when an exchange goes live) and continue to support the community while you hold your TME to be hatched in the future. If the community succeeds and Dev keeps on developing his coin we all generate value for TME and it will make it profitable for all of us.

Right, but If I were to wait to mine until my batch reaches 5,000 then I would get 50k, correct? Too bad theres no way to tell how many coins can be mined currently before we actually mine them. I wonder if the Dev can implement this.

its pretty interesting to wait till 10 years and comeback with 50k token , will 10 years later this coin became 0,1 like eth ? hahaha and all of us will be rich as hell , see you in 10 years again , good luck everyone who support this project and dev for build this project ....

[jonval21]

 I joined the AirDrop but still dont have my timereum, we must wait more or what i should do ?

[atchoum6760]

I joined the AirDrop but still dont have my timereum, we must wait more or what i should do ?

Add token in mew :

Address: 0xee22430595ae400a30ffba37883363fbf293e24e
Symbol:TME  Decimals:
18

[gnurta]

Apart from the manually-mining feature, what can I use this token for?

[GraBitCoin]

Apart from the manually-mining feature, what can I use this token for?

While we must wait and advertise the token. We are waiting for the developer to add the token to the exchanges.

[Haslett5236]

where can i see the contact source ?  i check here https://etherscan.io/token/0xee22430595ae400a30ffba37883363fbf293e24e#readContract

and read smart contact

there is  Unable to read contract information

[levelten]

where can i see the contact source ?  i check here https://etherscan.io/token/0xee22430595ae400a30ffba37883363fbf293e24e#readContract

and read smart contact

there is  Unable to read contract information

I think because the contract is not verified.
I believe the Dev needs to post the source code to Ethscan to verify the contract.
Anyway, it is up to the Dev.

[TimereumDev]

@Noobquestions

First of all: do i have to trigger a batch right now to even start the mining process?

Triggering a batch is the mining process. You can trigger the production of ten batches.

What does people stop to make massive dumps every year when the maximum of their coins per batch is reached?

The batches do not reach maximum value after 1 year. They all take 10 years to be able to produce 5000 coins each, and the start reference time for all of those batches is when the contract was deployed. If you want maximum value, wait ten years from yesterday, and then deploy all your batches. Ideally, in ten years they'll be valuable enough that dumping them wouldn't be wise.

Batches have no memory of when the other batches were deployed. All a batch cares about is how long ago the contract was deployed.

If its strictly linear, i don't see why i would trigger a batch before it reaches 5000 coins.

You do earn something for not touching your batches, but you might need or want to use that currency. That's more of a life decision.

Earlier on in this thread, I mentioned that I believe getting a few coins circulating once this is trading on an exchange will be important. By deploying a few batches and getting coins circulating, the value of the uncirculated coins will likely go up.

I'm going to be writing up a document with numerical examples, graphs and probably tables detailing some scenarios of batch creation. I hope to have that document completed by early next week. I'll post it on the website and link it here when it's up.

[ostrogoto2012]

So now we all need to come up with a business that would support TME!

that  is the most important think that dev would do for the project , keep safe your coin and goo luck with the project

[jtalk]

After the manual mining contract being functional now next step is to see these tokens being traded at some reputable and big exchange to now only gain value but also draw the attention of investors as well. I am looking forward to see which will be next steps and moves of developer to make it successful.

[ostrogoto2012]

After the manual mining contract being functional now next step is to see these tokens being traded at some reputable and big exchange to now only gain value but also draw the attention of investors as well. I am looking forward to see which will be next steps and moves of developer to make it successful.

what you means for reputable? livecoin or coinexcahnge look great to me to start from, bittrex dont think would be possible , not now at least! maybe in the future who know what this project will bring us! in 2009 BTC was n ot tradable anywhare and now it cost lto money to buy it, maybe in a years Timereum could be great project too

[bob75coin]

on 2027 will be very interesting to see which would be the best moment to mine and sell TME.
It will not be a linear function and it will have a lot of variables...

[bitcircle]

So how much ether do we need in the parent and child address to mine and transfer tokens?

You need 0.01 ETH to cover gas fee this minimum amount even transaction will take low fee but it will be nice to have some ETH there.

[BMG86]

So how much ether do we need in the parent and child address to mine and transfer tokens?

You need 0.01 ETH to cover gas fee this minimum amount even transaction will take low fee but it will be nice to have some ETH there.

Ok thanks for the response!

[memii]

Oh, I didn't know that is has been activated already and we can mine using both addresses now. I would also try to mine the first batch of tokens after sending some ETH in to those addresses. It is good to use how others already successfully performed the very first tokens.

[Noobquestions]

@Noobquestions

First of all: do i have to trigger a batch right now to even start the mining process?

Triggering a batch is the mining process. You can trigger the production of ten batches.

What does people stop to make massive dumps every year when the maximum of their coins per batch is reached?

The batches do not reach maximum value after 1 year. They all take 10 years to be able to produce 5000 coins each, and the start reference time for all of those batches is when the contract was deployed. If you want maximum value, wait ten years from yesterday, and then deploy all your batches. Ideally, in ten years they'll be valuable enough that dumping them wouldn't be wise.

Batches have no memory of when the other batches were deployed. All a batch cares about is how long ago the contract was deployed.

If its strictly linear, i don't see why i would trigger a batch before it reaches 5000 coins.

You do earn something for not touching your batches, but you might need or want to use that currency. That's more of a life decision.

Earlier on in this thread, I mentioned that I believe getting a few coins circulating once this is trading on an exchange will be important. By deploying a few batches and getting coins circulating, the value of the uncirculated coins will likely go up.

I'm going to be writing up a document with numerical examples, graphs and probably tables detailing some scenarios of batch creation. I hope to have that document completed by early next week. I'll post it on the website and link it here when it's up.

Thanks for the detailed explanation.

But i am still not sure why the batches which have been triggered now by several users are giving 1250 Coins already as the start-date was only yesterday. Which graph lies beneath the mining? Will 1250 coins be always the minimum amount after mining and then its scaling linearly to 10 years?
So you could basically have 12500 coins right at the start vs approx. 31250 Coins after 5 years and full 50000 coins after 10 years? Depending on how good the currency develops, the growth over time is rather small. Not to be critizicing though!