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

[shanent]

Hello people,

what's new with the premine coin? Thought it would be a good investment, and he would have a good future, but the coin was up yet listed in any major exchange, and is not seen at coinmarketcap.com!
What are the problems?

nope. we're on poloniex and cryptorush and now also on http://coinmarketcap.com/

we have a reddit post with more than 100 upvotes and crypsty for now it's not a plan

[ciappa]

Hello people,

what's new with the premine coin? Thought it would be a good investment, and he would have a good future, but the coin was up yet listed in any major exchange, and is not seen at coinmarketcap.com!
What are the problems?

Ups, now he is on coinmarketcap sorrrryy!

[ciappa]

But why not on cryptsy bter vircurex etc? whats the Problem?

[Nullu]

Nullu, I agree with you 100%.  Hoarders would render this coin pretty much invalid.  Thus I understand your concern.  While my motives are sincere, I withdraw the 50,000 request and instead offer to buy just 3,000 for now (for .00011) but I'll put that up on Poloniex instead.  So if anyone wants to hit that bid knowing I will give away 2,000 of it, please do

Hopefully that makes you a little more comfortable.

It does indeed. Giving away 66% of your coins would certainly increase the value of the coins in your pocket, but giving away a third would still be a good amount. If you want an easy way to distribute some of it drop me a PM. I can adjust my block rewarder to inject PMC into new blocks at whatever rate you see fit, if you wanted to spread your PMC as far as possible. It only takes a few hundred and the current mining rewards would double/triple for a few days. I've also thrown in a % chance of getting a 1 PMC block reward. It's a low percentage, 0.5%, but it's a great bonus for miners and only helps to increase distribution.

You can see my earlier posts in the thread for more details, but here it is;

Q: How does it work?

1: I use a PMC Wallet specially set up for sending out block rewards for miners.
2: Using a script, I send myself small amounts of PMC. Every time this happens the script also determines what to set the transaction fee as, aka the "block reward".
3: This transaction fee is then injected into a new block on the network.
4: When a miner finds this block, he will mine that PMC.
5: Due to the way transaction fees are handled sometimes several of these "rewards" can appear more than once in a single new block.

None of that is mentioned in the first post in the thread.  Any thoughts on whether it might be worth adding?

If the dev would like to include some details about my Block Rewarder in the main post, he is more than free to do so if he chooses.  

I always make a public post when the Block Rewarder is live, with a link to the rewarder address so the rewards are verifiable on the blockchain.

[creditcoin_CRD]

But why not on cryptsy bter vircurex etc? whats the Problem?

I can't speak for those exchanges, I'm sorry.

Here is how you can help:

Help PMC Get On CoinedUp.com http://www.reddit.com/r/CoinedUp/comments/1xe6ub/please_add_premine_pmc/
Help PMC Get On Allcrypt.com  ( Votes 10 times/24h ) http://www.allcrypt.com/beta/voting.php
Help PMC Get On Cryptsy! ( Start a new topic ) https://cryptsy.freshdesk.com/support/discussions/forums/191571

[Nullu]

But why not on cryptsy bter vircurex etc? whats the Problem?

The problem is there are a lot of coins on the market now, and it's becoming progressively harder to get coins listed on big exchanges. Just look at how many small exchanges there are now. There seems to be a new one once a week, now.

Coins are having to really compete now to get on the big exchanges, and that's the way it should be. This gives PMC a very good chance. Just look at some recent popular coins which despite ending up on Cryptsy didn't really increase in value. Cash was a flash in the pan. It was added to Cryptsy in a relatively short period of time and it's done little to increase the value of the coin.

Other coins end up on exchanges in a couple of days and die just as quickly.

Now look at PMC. It's continued progress, great community and active developer ensure longevity. The coin is in an extremely healthy state, we are experiencing natural growth, and natural growth means long-term value.

[MyFarm]

May I make a suggestion for a change the front page?

All coins were freely given out upon request with 100% distribution.
Premine will test the sustainability of mining for TX fees on the bitcoin network many years in the future.   

To:

Premine coin is a proof of concept that will showcase that mining for transaction fees is a sustainable way forward for cryptocurrencies.  As such, all coins were freely and fairly distributed with many current holders still willing to provide free coins to those who ask.

Who wants to own a test?  I want to own a proof of concept

[Benezivas]

There is a big upwards trend on the market right now, I would suggest getting them while they are cheap.

[creditcoin_CRD]

May I make a suggestion for a change the front page?

All coins were freely given out upon request with 100% distribution.
Premine will test the sustainability of mining for TX fees on the bitcoin network many years in the future.  

To:

Premine coin is a proof of concept that will showcase that mining for transaction fees is a sustainable way forward for cryptocurrencies.  As such, all coins were freely and fairly distributed with many current holders still willing to provide free coins to those who ask.

Who wants to own a test?  I want to own a proof of concept

I'm sold already  




We recently recruited somebody to write an intro, it should be finished shortly. I do think that should be incorporated into the writing though. I'll actually change to your wording for the time being.

 

[Nullu]

24-hour Volume: 2.86580303 BTC / 21453.9936866 PMC

Soon going to pass 3 BTC daily volume.

Now 96th on Coinmarketcap.

 

[uasteel]

24-hour Volume: 2.86580303 BTC / 21453.9936866 PMC

Soon going to pass 3 BTC daily volume.

Now 96th on Coinmarketcap.

 

I think we'll see more activity after 24hrs of being on Coinmarketcap, that way people will be able to see the 24hr change. Which at this point is going to look pretty impressive.

[shanent]

Next week I'll start a particular way to give some PMC to other people.

I'll set a competition where more points you make promoting PMC more probability of win the contest.

The points are based on like/share on fb, twit or RT on twitter, reddit activity or make promotional stuff like pictures or videos.

I'm thinking on how assign these points but if you want suggest me other way I'm open to advices.

[MyFarm]

I'm sold already  

We recently recruited somebody to write an intro, it should be finished shortly. I do think that should be incorporated into the writing though. I'll actually change to your wording for the time being.

Awesome

Now may I make a suggestion for the title?

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

[creditcoin_CRD]

Now may I make a suggestion for the title?

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

Any objections to this?

[uasteel]

None here, also

We just hit 91st on Coinmarketcap!!!

[creditcoin_CRD]

None here, also

We just hit 91st on Coinmarketcap!!!

 

[shanent]

None here, also

We just hit 91st on Coinmarketcap!!!

Very good, we go for 200,000 USD cap

[creditcoin_CRD]

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

changed, much thanks

[Benezivas]

None here, also

We just hit 91st on Coinmarketcap!!!

Very good, we go for 200,000 USD cap

Not unrealistic, not even for today. The coin is getting a lot more (deserved) attention now, let's see how the market is playing it out.

[shanent]

Give more visibiity to this reddit, please upvote this

http://www.reddit.com/r/preminecoin/comments/1xzy4g/pmconly_500000_coins_ever_reach_coinmarketcap/