[ANN] [PMC] Premine Coin | Rare | Mining Transaction Fee Proof of Concept

[creditcoin_CRD]

I don't feel like there is enough movement and activity regarding this thread lately - anyone having ideas for kicking it up a bit again?

It is the weekend soon, and I'm itching to have some fun with my block rewarder. How about some big prize rewards for finding certain blocks? Or if we hit a certain difficulty?

Share some of your ideas. If you can pull the info from the debug window in the wallet, I can use it in my script. Got a lot of PMC to give away.  

I've been thinking about designing a PMC lottery. Send 1 PMC and get auto entry into prize draw. All ticket funds go into the prizes. Could make a daily lotto script. Shouldn't be too difficult.

Miners! Get ready. I will be placing nice PMC bounties on blocks all weekend!

Periodically throughout this weekend I will be announcing block#'s Once that block is mined, I will send a 50 PMC bonus to that address!

[TheBeardedMann]

Not saying the block rewards is bad, but it seems a lot of focus is going into mining, when the coin's sole purpose was Premine and distribution by people holding the coin.

[Jimfoxy]

Not saying the block rewards is bad, but it seems a lot of focus is going into mining, when the coin's sole purpose was Premine and distribution by people holding the coin.

Is the distribution over?  Or can I still submit an address?

[minime1]

Not saying the block rewards is bad, but it seems a lot of focus is going into mining, when the coin's sole purpose was Premine and distribution by people holding the coin.

Is the distribution over?  Or can I still submit an address?

Still distributing coins, though not as much as earlier. Don't forget the faucet.

[elrapido80]

An exchange like  coinmarket.io would get the attention needed to get more services set up. I've launched my store and willl accept premine!  I hope others follow=)
whats the legality of a dice game in the US? maybe ill set one up =)

There's a dice game already

http://altcoingambling.com/16BitBet/PMC

[shanent]

Oh jesus....maxcoin at 0.02 BTC and PMC at 0.00009 ?

Crypto world is insane !!!

BTW I like the idea of a lottery but I disagree with the statement 1PMC=1 lottery ticket. Remember that PMC have need to be known from new users and not from who is already here.

I propose to give a lottery ticket for everyone that use the faucet. Transaction ID = 1 lottery ticket per person.

What do u think ?

[Nullu]

Oh jesus....maxcoin at 0.02 BTC and PMC at 0.00009 ?

Crypto world is insane !!!

BTW I like the idea of a lottery but I disagree with the statement 1PMC=1 lottery ticket. Remember that PMC have need to be known from new users and not from who is already here.

I propose to give a lottery ticket for everyone that use the faucet. Transaction ID = 1 lottery ticket per person.

What do u think ?

I would need the list of addresses in some sort of flat file like a txt file or a csv file, but yes, very straight forward to do if I have the list of payout addresses.

PMC price has actually been steadily increasing on Poloniex. Yes, the price is still ridiculous, but again PMC is still in that early pioneering stage. Think of the early days of Litecoin, or Bitcoin. Heck, even Dogecoin. Only those who understand PMC right now understand its massive potential to grow. It takes coins like this time to mature, and when it does, prices we see now will seem insane for very different reasons.

I wish I bought PMC when it was cheap.

We are doing very well, and I will continue to use my coding knowledge to do what I can.

I will happily design a Lottery for PMC based around the faucet addresses. Just start throwing ideas around about how the lottery should work and I can get started this weekend.

Basically I think an hourly draw of small prizes, and daily draws of a bigger prize.

[creditcoin_CRD]

Not saying the block rewards is bad, but it seems a lot of focus is going into mining, when the coin's sole purpose was Premine and distribution by people holding the coin.

This is true, but we do need to increase the overall hashrate in order to help protect the network.

But... You are right, non-miners should have a shot at some free PMC too. Perhaps we can come up with another promo as well.

[Zzzack]

^^ Agreed. As someone who is too poor to buy and can't mine, more promo would be nice 

I think a daily lottery is a great idea though! It means we have hopefully 10-15 people sending a transaction through the wire just to fund the lotto. If 15 throw in 1 PMC each, then a 15 PMC win would still be nice.

Although, can we post a lotto on the main /alternate cryptocurrencies forum? If so, we might be able to get people to sign up for a lotto where we double the pot with our extra PMC. So if 15 people put in 1 PMC each, we add an additional 15 PMC and have a 30 coin pot. Might encourage others to get a wallet and get a coin or two?

[Nullu]

Lotto can be easily automated, once you pay the fee, the address you sent it from becomes automatically entered. So from that point it will manage itself. Because it can run continually I'll have it run on a 24/7 server.

It should be pretty fair. If people want to purchase multiple tickets that's fine. All proceeds will go straight back into the prizes.

[Tasunko]

I am too late for a few coins?

1LyCCD9HGS1hKzze1M4q8Vm5W24wrG3dnx

[Zzzack]

I am too late for a few coins?

1LyCCD9HGS1hKzze1M4q8Vm5W24wrG3dnx

You're never too late with my faucet link 

http://faucet.premineco.in/?id=2826

[Benezivas]

I am too late for a few coins?

1LyCCD9HGS1hKzze1M4q8Vm5W24wrG3dnx

Jesus, this is like your 6th or 7th time asking for coins now in this thread. We don't want indiviuals to hoard their coins, we want them to spread to users that are new to premine.

[creditcoin_CRD]

I am too late for a few coins?

1LyCCD9HGS1hKzze1M4q8Vm5W24wrG3dnx

Jesus, this is like your 6th or 7th time asking for coins now in this thread. We don't want indiviuals to hoard their coins, we want them to spread to users that are new to premine.

Agree - we need to find more venues for passing out coins. I do however bear in mind that at least some of the people getting coins multiple times are passing them on.

[Zzzack]

I am too late for a few coins?

1LyCCD9HGS1hKzze1M4q8Vm5W24wrG3dnx

Jesus, this is like your 6th or 7th time asking for coins now in this thread. We don't want indiviuals to hoard their coins, we want them to spread to users that are new to premine.

Agree - we need to find more venues for passing out coins. I do however bear in mind that at least some of the people getting coins multiple times are passing them on.

Maybe just giving them out as mining rewards would be the best.. I keep going back and forth on this because I don't mine though.

But miners are typically more active in their communities than other crypto giveaway users. I'm thinking we get an automated lottery setup so that we have 'somewhat' steady TX fees, and then we announce a short term, random 10 PMC mining block reward period in the main alt cryptos forum. Possibly the miners who get the coins will connect with this coin experiment, and see steady TX fees from lotteries as reason enough to support the network (along with the idea of helping an experimental project).

[BitJock-e]

This has been an interesting thread to read.

A good experiment, I am following it with interest to see how things go.

[Zzzack]

This has been an interesting thread to read.

A good experiment, I am following it with interest to see how things go.

I'm incredibly interested as a holder in Quark. I feel like QRK will essentially be in the same spot as this coin, so i'm trying to get ideas from the problems we run into here.

Another interesting part of this project is the price determination. It's hard for me to see how people currently value this coin/will value it.

[shanent]

This has been an interesting thread to read.

A good experiment, I am following it with interest to see how things go.

I'm incredibly interested as a holder in Quark. I feel like QRK will essentially be in the same spot as this coin, so i'm trying to get ideas from the problems we run into here.

Another interesting part of this project is the price determination. It's hard for me to see how people currently value this coin/will value it.

Now the price is on the run 0.00015BTC

[Nullu]

This has been an interesting thread to read.

A good experiment, I am following it with interest to see how things go.

I'm incredibly interested as a holder in Quark. I feel like QRK will essentially be in the same spot as this coin, so i'm trying to get ideas from the problems we run into here.

Another interesting part of this project is the price determination. It's hard for me to see how people currently value this coin/will value it.

Usually the determining value if the difficulty to mine, and also the surrounding hype, but both this are prone to high market fluctuations. We have the difficulty to mine, but without the hype.

It's an interesting situation. Premine is rare, but not quite rare enough due to the amount of current holders, and the volume of the one exchange we are on. All it would take is a bigger exchange and I believe Premine would really take off. Essentially, there needs to be more wealth distribution.

[ctenc001]

lets all start postinng here to get listed on coinmarket.io!!!

=D
https://bitcointalk.org/index.php?topic=422726.0

We need more people to post here if we want to get noticed =)