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Author Topic: [ANN] [PMC] Premine Coin | Rare | Mining Transaction Fee Proof of Concept  (Read 382860 times)
profitus
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January 23, 2014, 10:55:56 PM
 #601

The first coin I can give away to random people and not feel bad about it  Grin This is like the Monopoly money of altcoins

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1714729938
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levelten
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January 23, 2014, 10:58:21 PM
 #602


Just synced up my wallet.
Would like to have some PMC please.
Thanks!
 
1AwAScCBmRZ3pDRazrpLYrM1MVSBX4zJAB
deodecagone
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January 23, 2014, 11:03:04 PM
 #603

Love me hard 1K5z8RaAao2mxVTxuUSCcofUMVZXjchdJo
Nullu
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January 23, 2014, 11:06:23 PM
 #604

Love me hard 1K5z8RaAao2mxVTxuUSCcofUMVZXjchdJo

Enjoy. The amount I can send out is going to have to decrease with time as more people get involved. Hopefully with multiple people sending each other Premine that shouldn't be a problem.  Smiley

I hope those who recieved also return the favour to others. Even if you can only send 5 coins, you are still helping distribute, which is how this coin will survive.

BTC - 14kYyhhWZwSJFHAjNTtyhRVSu157nE92gF
6strings
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January 23, 2014, 11:06:32 PM
 #605

what what in the premined butt?
19gzeDbhVweFzNMGc22xXw6rT2x74M7ASo
Nullu
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January 23, 2014, 11:08:23 PM
 #606

what what in the premined butt?
19gzeDbhVweFzNMGc22xXw6rT2x74M7ASo

Bask in the warm glow of the Premine I just sent you. Learn its ways, for it will serve you well.  Wink

BTC - 14kYyhhWZwSJFHAjNTtyhRVSu157nE92gF
Benezivas
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January 23, 2014, 11:08:29 PM
 #607

Right now I am wondering what will be next after the distribution will be "finished" (that is, when the whole lot of 500k coins has been spread out). What is next? Will we keep treating this coin like the monopoly money that it is right now? Will there be services like games made for it?

And what if people decide that it suddenly has a value? Giving away 20 coins per user with a total volume of 500,000 coins total seems like a whole lot to me, can we ensure a better distribution by the tx fees? And will these tx fees encourage holding even further?
gtac01
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January 23, 2014, 11:11:24 PM
 #608

Please send me some premine! I zuk u dik

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Musent
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January 23, 2014, 11:12:25 PM
 #609



The green-eyed monster strikes again. Truth is; hording this coin will kill it fast.

Yes, more people need to realize this from new coins. Sadly, its not that well known :/
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January 23, 2014, 11:12:52 PM
 #610

Right now I am wondering what will be next after the distribution will be "finished" (that is, when the whole lot of 500k coins has been spread out). What is next? Will we keep treating this coin like the monopoly money that it is right now? Will there be services like games made for it?

And what if people decide that it suddenly has a value? Giving away 20 coins per user with a total volume of 500,000 coins total seems like a whole lot to me, can we ensure a better distribution by the tx fees? And will these tx fees encourage holding even further?

It's all rather unknown, but I guess that's what makes it fun. It hasn't occurred to me that sending out a 100 coins is actually quite a lot considering there are only 500,000 total coins ever, but I guess that's what makes it interesting.

Enough people can afford to pay in bounties for services if they want the coin to flourish. I hope the dev sets up some bounties with his premine rather than giving all of it away. Anything that can help towards coin distribution will further help the survival of the coin.

It could be worth a fortune, or it could be worth nothing. Right now I'm treating it as a social experiment. I want to see if coin holders can find the ultimate balance between holding enough coins to be rewarded for their effort, but give away enough to ensure coin survival. This coin will live or die by those who give it to others. It'll be interesting to see if enough coins will be given away for this to happen, or if too many greedy hoarders kill the coin dead.

It really does make no sense to hoard. You just increase the chance the coin won't make it.

BTC - 14kYyhhWZwSJFHAjNTtyhRVSu157nE92gF
davidcc6
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January 23, 2014, 11:13:16 PM
 #611

I have 5 mBTC, i like to buy PMC

how one offer more PMC for my 5 mBTC?

Smiley
Musent
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January 23, 2014, 11:13:28 PM
 #612



The green-eyed monster strikes again. Truth is; hording this coin will kill it fast.

Yep. Hoarding the coin just makes your coins worthless. I don't understand what part of this people don't get. If there aren't enough people holding the coin, then there won't be any transactions, any mining, any confirmations or any trading. DEAD.

STOP HOARDING.

Maybe, a sticky should be made on the forums about how coins work and increase in value and decrease in value as well (scenarios, etc) where people can read about it.
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January 23, 2014, 11:16:24 PM
 #613

Right now I am wondering what will be next after the distribution will be "finished" (that is, when the whole lot of 500k coins has been spread out). What is next? Will we keep treating this coin like the monopoly money that it is right now? Will there be services like games made for it?

And what if people decide that it suddenly has a value? Giving away 20 coins per user with a total volume of 500,000 coins total seems like a whole lot to me, can we ensure a better distribution by the tx fees? And will these tx fees encourage holding even further?

We really need:

- Faucets
- Dice games or similar
- Maybe a specialized forum to discuss, and to trade small (digital) goods for PMC
- Tipbots
- A lot of giveaway threads here. I propose each one of us start one giveaway some day during the next month.
So everyday there's at least one active giveaway thread.
we should give only 1.1 coins (+ some significant fee) per person, to a lot of people.


Musent
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January 23, 2014, 11:17:26 PM
 #614

In case you have still some to give away, I'd like to be part of this Smiley

1HcSLBT7EmUSgAddEuzn9jnqndVVJtqeVD

Thanks!

Thanks for 110 PMC to whoever sent them to me Smiley

Enjoy Smiley. Spread the coins around.
Nullu
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January 23, 2014, 11:17:50 PM
 #615



The green-eyed monster strikes again. Truth is; hording this coin will kill it fast.

Yep. Hoarding the coin just makes your coins worthless. I don't understand what part of this people don't get. If there aren't enough people holding the coin, then there won't be any transactions, any mining, any confirmations or any trading. DEAD.

STOP HOARDING.

Maybe, a sticky should be made on the forums about how coins work and increase in value and decrease in value as well (scenarios, etc) where people can read about it.

Yeah, a lot of people don't understand altcoin economics. I've had a personal hand in increasing some altcoins' value just by promoting it, so I know that individuals can make a difference, both positively and negatively.

I wish there was a way to give out coins proportional to the amount of honesty and effort certain members have, as those who will promote and share the coin deserve more. I will keep giving away the coin in the hopes it helps this coin, but there needs to be enough of us doing this to make a difference. The hoarders are the threat here.

BTC - 14kYyhhWZwSJFHAjNTtyhRVSu157nE92gF
Musent
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January 23, 2014, 11:18:03 PM
 #616



19k2zQ6YzCQ6eWMeFBbqPKmcxGTjpe9kat

Cool, sent 50 PMC  Smiley

Thank you for all of your kind words glad you like them Smiley

Very nice work man! Kudos!
Nullu
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January 23, 2014, 11:18:32 PM
 #617

Right now I am wondering what will be next after the distribution will be "finished" (that is, when the whole lot of 500k coins has been spread out). What is next? Will we keep treating this coin like the monopoly money that it is right now? Will there be services like games made for it?

And what if people decide that it suddenly has a value? Giving away 20 coins per user with a total volume of 500,000 coins total seems like a whole lot to me, can we ensure a better distribution by the tx fees? And will these tx fees encourage holding even further?

We really need:

- Faucets
- Dice games or similar
- Maybe a specialized forum to discuss, and to trade small (digital) goods for PMC
- Tipbots
- A lot of giveaway threads here. I propose each one of us start one giveaway some day during the next month.
So everyday there's at least one active giveaway thread.
we should give only 1.1 coins (+ some significant fee) per person, to a lot of people.



+1.

I'll be up for doing some giveaways.

BTC - 14kYyhhWZwSJFHAjNTtyhRVSu157nE92gF
Musent
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January 23, 2014, 11:21:17 PM
 #618



The green-eyed monster strikes again. Truth is; hording this coin will kill it fast.

Yep. Hoarding the coin just makes your coins worthless. I don't understand what part of this people don't get. If there aren't enough people holding the coin, then there won't be any transactions, any mining, any confirmations or any trading. DEAD.

STOP HOARDING.

Maybe, a sticky should be made on the forums about how coins work and increase in value and decrease in value as well (scenarios, etc) where people can read about it.

Yeah, a lot of people don't understand altcoin economics. I've had a personal hand in increasing some altcoins' value just by promoting it, so I know that individuals can make a difference, both positively and negatively.

I wish there was a way to give out coins proportional to the amount of honesty and effort certain members have, as those who will promote and share the coin deserve more. I will keep giving away the coin in the hopes it helps this coin, but there needs to be enough of us doing this to make a difference. The hoarders are the threat here.

Yes, I concur on this idea. Wish there was a way to keep track of such data. Would help tremendously in people learning about the economics of altcoins and actually develop the community of their choice of coins, instead of having 30,000 iterations of altcoins, most of them being pumped then dumped.
salsacz
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January 23, 2014, 11:22:40 PM
 #619

There is one thing I don't understand.

A lot of people say that initial distribution of Nxt wasn't fair. (althought you could invest 1$ and get NXT in value of 1.000$)

NXT IPO was 40 days long.

You said you wanted a fair distribution. But it looks like you gave away 99% of coins in 6 hours?

I know that people should distribute it now, but this is exactly what Nxt is doing. So why people complain then?
 Huh  Cool
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January 23, 2014, 11:23:23 PM
 #620

I'll try it. Spare me some if you can, 14ekQWumkhv8Rh8FXS8PQMGa2wHaRMJ5S5
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