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Author Topic: [PSA] MemoryCoin 2.0 Dev abandons coin  (Read 8282 times)
itsik78
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January 07, 2014, 09:54:52 AM
 #101

While people here complain about the officers doing nothing, the support team is working hard on getting stuff done.
Status update: https://bitsharestalk.org/index.php?topic=1653.msg24467#msg24467

Newmine slowly is getting a thread to our efforts. If you want us to keep up our work, give us your vote.
Without the coins from the grant I cannot keep on paying the team, and I think no one who cares about the coins future wants MMC to have a homepage with only parts of it translated to other languages...
Hi Seraphim,
I've changed my vote (ONLY FOR THE SUPPORT AND CEO ROLES) to you and freetrade.
All other roles in my opinion are being paid too much at the moment.
I will also, as stated, propose myself for the CMO role to make good use of the CMO salary (details coming right when the VanityGen decides to give me an address Smiley ).
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seraphim_bts
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January 07, 2014, 10:05:55 AM
 #102

looking forward to your application!
and I hope newmine gives you some time to dive in before he sets up an address for that office too (wonder why it doesn't have one yet, all the talking about wanting to redistribute because officers earn too much, and the officer doing the least work isn't threatened by this, but gets outvoted the conventional way...this idea still seems not really thought through like I said right in the beginning. but of course, no, no one here is motivated by greed :> )
Newmine
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January 07, 2014, 03:51:56 PM
 #103

Yes, worth noting that he doesn't seem to have many MemoryCoin himself,

You are right. I have 205 MMC.

80% of the coin from the 2 elections won(previous to today) were dispersed to those who voted. The other 20% was paid to FaSaN. This will be the same today.

How much coin do you have? 

How much coin have you paid out for services to benefit the coin? (This should be publicly displayed anyway) Services paid for the benefit of MCF don't count as MCF is an extension of your wallet.

Maybe wants to create a lower buy-in point. Sad
Nearly a month in and your coin is <$.50.  I'd say you have already depressed the price enough.
Newmine
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January 07, 2014, 04:13:59 PM
 #104

looking forward to your application!
and I hope newmine gives you some time to dive in before he sets up an address for that office too (wonder why it doesn't have one yet, all the talking about wanting to redistribute because officers earn too much, and the officer doing the least work isn't threatened by this, but gets outvoted the conventional way...this idea still seems not really thought through like I said right in the beginning. but of course, no, no one here is motivated by greed :> )

It's been there a few days. Wink

Maybe we will support him.

Post your application and road map here. Everyone!

We paid FaSaN 20% when we won the 2 elections. 

FreeTrade has raked in near 22,000 just coins for holding CEO position. What had he done to earn this?
He forked the coin and updated the client and I am sure some other technical stuff, but I'll remind you held the Chief Technology officer position too. He took 15k coins from that position.

What is he doing to be CEO, other than making sure he stays CEO?
He reminds me of most politicians. Get elected, then spend the entire term trying to get re-elected instead of doing something to benefit their constituents. Saying things like the coin will only prosper with me and will die without me is absurd. If a Dev from another successful coin were to come here and take you position, would you be okay with that? Somehow I doubt it.
Newmine
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January 07, 2014, 04:25:47 PM
 #105

I am very disappointed with the performance of MMC2

You're not going to see the growth you want until this mutiny attempt by Newmine ends.

Elections are inherently designed to have winners and losers. If me winning is a mutiny, then I would assume you are one of the losers.

Mutiny on the Memory. I like it.  Shocked

If in a year, hell, 3 months from now you unlikely change your mind and say to yourself, "damn, FreeTrade and or any of the other offices aren't really doing anything to benefit MMC anymore, they are over at RAM coin spending all their time there!" Do you think you will be able to unseat him or any of the other officers once they are in the position for that long?
aorith
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January 07, 2014, 05:34:31 PM
 #106

you got my humble vote with 230~mmc

BTC: 1Pc2BrecisYLZ2FSFEgCn16ogTHjopqEey  LTC: LM1XBHF8Ccv2vdgh3kqCqPaGkWGhzRMxjw
NXT: 3946500435546198781
Newmine
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January 07, 2014, 06:00:04 PM
 #107

you got my humble vote with 230~mmc

Thanks!
itsik78
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January 07, 2014, 06:40:33 PM
 #108

Hi guys,
Here's my candidacy post: https://bitsharestalk.org/index.php?topic=2119.0
I will appreciate your support!
FaSan
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January 07, 2014, 08:31:19 PM
 #109

We paid FaSaN 20% when we won the 2 elections. 


Hey, I wait my 20% of blocks 5640, 5660, 5680 ! Or you already boring to be our favorite RobinHood ?  Cheesy

Eh..  Roll Eyes
Newmine
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January 07, 2014, 08:56:21 PM
 #110

We paid FaSaN 20% when we won the 2 elections. 


Hey, I wait my 20% of blocks 5640, 5660, 5680 ! Or you already boring to be our favorite RobinHood ?  Cheesy

Eh..  Roll Eyes


Whaaaat?

1st of all, I am at my regular work job. Ill payout when I get off work.
2nd, reward matures for 120 blocks.
3rd, who said you were guaranteed any cut? Trolling me instead of doing your job means you might not get paid. Please submit an itemized invoice of all work done during those blocks. Wink

Nice try!
FaSan
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January 07, 2014, 09:02:17 PM
 #111

We paid FaSaN 20% when we won the 2 elections. 


Hey, I wait my 20% of blocks 5640, 5660, 5680 ! Or you already boring to be our favorite RobinHood ?  Cheesy

Eh..  Roll Eyes


Whaaaat?

1st of all, I am at my regular work job. Ill payout when I get off work.
2nd, reward matures for 120 blocks.
3rd, who said you were guaranteed any cut? Trolling me instead of doing your job means you might not get paid. Please submit an itemized invoice of all work done during those blocks. Wink

Nice try!


Uhmm... and you ? What WORK have you doing for the MMC community during this three blocks ?

Take it, I don't need this money. You can pay the bill of your dinner for today. I was sure that you had do all this for your pocket :-)


Best Regards Newmine




FaSan
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January 07, 2014, 09:06:28 PM
 #112

Maybe we need to open a CHA position for Newmine dinners ?  Cheesy
Newmine
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January 07, 2014, 09:25:31 PM
 #113

We paid FaSaN 20% when we won the 2 elections. 


Hey, I wait my 20% of blocks 5640, 5660, 5680 ! Or you already boring to be our favorite RobinHood ?  Cheesy

Eh..  Roll Eyes


Whaaaat?

1st of all, I am at my regular work job. Ill payout when I get off work.
2nd, reward matures for 120 blocks.
3rd, who said you were guaranteed any cut? Trolling me instead of doing your job means you might not get paid. Please submit an itemized invoice of all work done during those blocks. Wink

Nice try!


Uhmm... and you ? What WORK have you doing for the MMC community during this three blocks ?

Take it, I don't need this money. You can pay the bill of your dinner for today. I was sure that you had do all this for your pocket :-)


Best Regards Newmine




FaSan
Tell me where I said I would be working for the coin. I only ever said I would distribute the coin. You will get your cut this time.

No need to try and insult me. Your translation only makes you sound foolish.

Thanks for your support,
Newmine
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January 07, 2014, 09:27:00 PM
 #114

Maybe we need to open a CHA position for Newmine dinners ?  Cheesy

Donations gladly accepted here:   MMCPooL6JBsRw4t22wCZ4TTgawYCcA1x15
FaSan
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January 07, 2014, 09:30:12 PM
 #115

Ok Robin, thief the rich and give to poor.

If during this time you have some interesting project to propose, you are welcome.




FaSan


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January 07, 2014, 09:34:44 PM
 #116

Maybe we need to open a CHA position for Newmine dinners ?  Cheesy

Donations gladly accepted here:   MMCPooL6JBsRw4t22wCZ4TTgawYCcA1x15


Two donations are sending.



Regards
Newmine
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January 07, 2014, 09:58:10 PM
 #117

Maybe we need to open a CHA position for Newmine dinners ?  Cheesy

Donations gladly accepted here:   MMCPooL6JBsRw4t22wCZ4TTgawYCcA1x15


Two donations are sending.



Regards

Thanks buddy!
Newmine
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January 08, 2014, 08:01:31 PM
 #118

Developer FreeTrade has granted himself large amounts of MMC through a pre-mine. These awards, upwards of 80k coins each per award from block 1 were disguised as part of MemoryCoin 1's contributions.

If one person controls that many coin from day 1, the voting aspect of the coin is compromised and this voting aspect is the one thing that was to distinguish this coin from other alts. Especially since the coin failed to remain GPU resistant.
 
With that said, I am no longer running for positions with this coin. please change you vote for another candidate.

Good luck all. I advise you to be careful here.

See this thread and these other threads for more info:

https://bitsharestalk.org/index.php?topic=2124.msg24636#msg24636

https://bitsharestalk.org/index.php?topic=2047.0

https://bitcointalk.org/index.php?topic=267522.msg3143884#msg3143884

https://bitsharestalk.org/index.php?topic=2125.0

Read for yourself, especially FreeTrades responses.

Do you due diligence!
Last update regarding this for now. I will check back in a few months. See how the coin is doing. Good luck, although you might have better luck with Coinye, COYE! Cheesy
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January 09, 2014, 03:20:37 PM
 #119

Looks like letstalkbitcoin thinks the same about the coin distribution so i expect a nice article in the feature about pre-mined coin positions and if anything is analyzed from the genesis block and mmc 1.0 a nice overview with current balances and their voting power. I think it willbe smart for Invictus to take distance from this dev because it definitely hurts their believe of a fair system. Problem is that the dev has a to strong position in PTS. In the end this is what will hurt Invictus.

~ What goes around comes around.
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January 09, 2014, 03:46:52 PM
 #120

That's the case.
I want that the Coin I follow and support will get an appropriate support.
I want it constantly to be promoted, fixed if needed and so on.
That's why I was interested in this coin from the very beginning.
Is FreeTrade the one to do it?!
I think he is.
Is it a problem that he holds some of MMC, even if it's more then you do?! I don't think so.

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