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Chris180Z
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February 02, 2014, 03:02:46 PM |
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5 PMC Giveaway7 slots left guys. I want to get this wrapped up so please take these coins off me, thanks  .
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Every time a block is mined, a certain amount of BTC (called the
subsidy) is created out of thin air and given to the miner. The
subsidy halves every four years and will reach 0 in about 130 years.
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Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
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Nullu
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February 02, 2014, 03:22:49 PM |
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It's an interesting idea, but it would be difficult to work out the tx you pay and would dissuade movement of coin investors. A percentage based on what you hold will be fair for everyone.
That means for example someone holds 1000 PMC and the TX fee for any transacation will be calculated on this amount? Well when this someone makes a lot of small transaction he pays a lot of fees, when he makes a single big transaction the fees are much less of course. Fees should be only calculated on the amount which is transferred with a min. and max. tx fee. No, he doesn't. He pays exactly the same. Example; Tx Fee @ 0.1% per 1 PMC (rate is based per 1 PMC for ease of understanding) Person A:Moves 10 PMC 10x times. 0.1% fee = 0.1 PMC Tx fee x 10 RESULT: 1 PMC Person B:Moves 100 PMC 1x time. 0.1% fee = 1 PMC Tx fee. RESULT: 1 PMC It does not matter if you move 1 PMC or 1000 PMC, the amount of tx you pay is exactly the same. It's just relative to how many PMC you send, as the TX fee is charged per 1 PMC. 0.1% is just an example. 0.01% would be perfectly fine. You can't cheat it, and you can't be punished by it. The more you move, the more you pay. The less you move, the less you pay, But most importantly, everyone pays the same. It's simple and it works. Easy to understand, potentially easy to implement, and easy to work out what it will cost you to send your PMC. It needs to be simple, but relative. |
BTC - 14kYyhhWZwSJFHAjNTtyhRVSu157nE92gF
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anonuser777
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February 02, 2014, 04:13:54 PM |
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Voted. Some good movement on poloniex today. BTC/PMC price hit 0.0002 at one point. |
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Nullu
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February 02, 2014, 04:19:45 PM |
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Voted. Some good movement on poloniex today. BTC/PMC price hit 0.0002 at one point. Still hilariously undervalued, but it won't be long before you won't be able to get it any cheaper than 0.0001, and soon due to the price it will naturally become traded more due to daytraders, so I expect an increase in volume before too long as well. Interesting to watch, but again this is a market in its very infancy, so all prices right now are utterly meaningless. Keep up the PMC requests; https://bitcointalk.org/index.php?topic=444266.40 |
BTC - 14kYyhhWZwSJFHAjNTtyhRVSu157nE92gF
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marcus951
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Activity: 70
Merit: 10
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February 02, 2014, 04:43:38 PM |
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creditcoin_CRD (OP)
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Merit: 10
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February 02, 2014, 04:44:36 PM |
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so142001
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Merit: 11
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February 02, 2014, 04:59:19 PM |
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Nullu
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February 02, 2014, 05:04:44 PM |
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It has an investment program, which I find quite interesting. If we get listed I may invest a couple of hundred PMC. |
BTC - 14kYyhhWZwSJFHAjNTtyhRVSu157nE92gF
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Acidyo
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February 02, 2014, 05:10:46 PM |
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So how has OP decided to share the premined coins with the community?
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ctenc001
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February 02, 2014, 05:13:01 PM |
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So how has OP decided to share the premined coins with the community?
hes handed 100% of them out to hundreds of people |
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Nullu
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February 02, 2014, 05:14:21 PM |
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Block Rewarder Update:
Bonus PMC; for every time the network only moves one block every 3 seconds, a bonus of 0.00000001 PMC will be added to the generated Tx fee, until more than one block is found during that 3 second interval, whereupon the bonus will reset. This means a potential PMC reward of 0.02000000. Rewards may end up in multiple blocks, so there's a chance of receiving higher bonuses in some blocks. I found this happened when the network was generating blocks a lot faster. There's code to counteract this which slows the script down if the network moves too fast to prevent farming.
Script is designed to be farm resistant and adaptive based on difficulty. It should be able to sustain itself for some time on just a few hundred PMC, but if the reward needs to be increased, it can be at any time based on donations it receives. Someone was kind enough to send me 500 PMC today. It will be used to keep the account running, so donations won't be needed to keep it running for awhile.
First major testing of the script starts tomorrow or Tuesday, depending on how much time I have, as it has to be set up on a server machine and whether or not I have time depends on how busy I am during the week. I hope it will work without the need of any bug fixing, as the code is pretty straight forward, and the bulk of it has been tested already.
Does everyone feel 0.01, with a maximum of 0.02 a reasonable block reward? Take into account that this is a bonus on top of any fees already in each block.
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BTC - 14kYyhhWZwSJFHAjNTtyhRVSu157nE92gF
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ctenc001
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February 02, 2014, 05:18:43 PM |
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we need to start posting to the coinmarket.io thread to add premine. This thread is crazy active, if half of you post to get us added at that thread, they'll throw this coin up in no time. This coin successfully launched leafcoin, noblecoin, and USDE into the crypto exchange phase of there life. They have enough traffic to have a healthy trading market, and are still easy to get onto because they are brand new. 0 lag and very little downtime as well =) here is the link: https://bitcointalk.org/index.php?topic=422153.0 |
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Nullu
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February 02, 2014, 05:20:26 PM |
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we need to start posting to the coinmarket.io thread to add premine. This thread is crazy active, if half of you post to get us added at that thread, they'll throw this coin up in no time. This coin successfully launched leafcoin, noblecoin, and USDE into the crypto exchange phase of there life. They have enough traffic to have a healthy trading market, and are still easy to get onto because they are brand new. 0 lag and very little downtime as well =) here is the link: https://bitcointalk.org/index.php?topic=422153.0Didn't the dev post to say people needed to stop asking to get coins listed? I found it a bit odd, as how else would he know what to list? |
BTC - 14kYyhhWZwSJFHAjNTtyhRVSu157nE92gF
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creditcoin_CRD (OP)
Member
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Activity: 112
Merit: 10
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February 02, 2014, 05:22:20 PM |
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So how has OP decided to share the premined coins with the community?
All of the coins were given away on this thread, Twitter, Facebook, etc. There were also 2 bounties given for services. I have an additional amount set aside for future bounties. There are still some giveaways on this forum, additionally you can visit the faucet. |
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Pyramusx
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February 02, 2014, 05:22:58 PM |
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we need to start posting to the coinmarket.io thread to add premine. This thread is crazy active, if half of you post to get us added at that thread, they'll throw this coin up in no time. This coin successfully launched leafcoin, noblecoin, and USDE into the crypto exchange phase of there life. They have enough traffic to have a healthy trading market, and are still easy to get onto because they are brand new. 0 lag and very little downtime as well =) here is the link: https://bitcointalk.org/index.php?topic=422153.0Didn't the dev post to say people needed to stop asking to get coins listed? I found it a bit odd, as how else would he know what to list? I wonder what the reasoning behind that is (besides us avoiding being annoying). Regardless, PMC is doing pretty damn well on poloniex.com right now and bigger exchanges add coins with really dumb concepts behind them easily. Don't see a reason why this coin, which is doing very well, can't be added. |
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creditcoin_CRD (OP)
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Activity: 112
Merit: 10
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February 02, 2014, 05:23:54 PM |
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we need to start posting to the coinmarket.io thread to add premine. This thread is crazy active, if half of you post to get us added at that thread, they'll throw this coin up in no time. This coin successfully launched leafcoin, noblecoin, and USDE into the crypto exchange phase of there life. They have enough traffic to have a healthy trading market, and are still easy to get onto because they are brand new. 0 lag and very little downtime as well =) here is the link: https://bitcointalk.org/index.php?topic=422153.0Didn't the dev post to say people needed to stop asking to get coins listed? I found it a bit odd, as how else would he know what to list? i dont remember saying that.  |
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Nullu
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February 02, 2014, 05:24:28 PM |
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we need to start posting to the coinmarket.io thread to add premine. This thread is crazy active, if half of you post to get us added at that thread, they'll throw this coin up in no time. This coin successfully launched leafcoin, noblecoin, and USDE into the crypto exchange phase of there life. They have enough traffic to have a healthy trading market, and are still easy to get onto because they are brand new. 0 lag and very little downtime as well =) here is the link: https://bitcointalk.org/index.php?topic=422153.0Didn't the dev post to say people needed to stop asking to get coins listed? I found it a bit odd, as how else would he know what to list? i dont remember saying that. No, not you. The owner of Coinmarket.io in the official Coinmarket thread.  Do not ask for new coins in this thread.
Fixed a very rare trade engine bug that allowed some orders to execute twice under certain conditions.
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creditcoin_CRD (OP)
Member
Offline
Activity: 112
Merit: 10
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February 02, 2014, 05:27:58 PM |
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we need to start posting to the coinmarket.io thread to add premine. This thread is crazy active, if half of you post to get us added at that thread, they'll throw this coin up in no time. This coin successfully launched leafcoin, noblecoin, and USDE into the crypto exchange phase of there life. They have enough traffic to have a healthy trading market, and are still easy to get onto because they are brand new. 0 lag and very little downtime as well =) here is the link: https://bitcointalk.org/index.php?topic=422153.0Didn't the dev post to say people needed to stop asking to get coins listed? I found it a bit odd, as how else would he know what to list? i dont remember saying that. No, not you. The owner of Coinmarket.io in the official Coinmarket thread. Do not ask for new coins in this thread.
Fixed a very rare trade engine bug that allowed some orders to execute twice under certain conditions.
Ahhhh. mis-understood. yes, please don't annoy exchange owners and service providers. |
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Nullu
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February 02, 2014, 05:30:09 PM |
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I think it's only a matter of time before other exchanges take notice, anyway. As I've said before, the time to push is when the new wallet is released, so the network can benefit from the generated tx fees from the increased trading.
Price is already in a climb on Poloniex. I feel sad for those who dumped this coin the first moment they could.
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