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ctenc001
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February 16, 2014, 02:45:10 AM |
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I dont understand premine coin, how is it fair that all the coins are given away all at once to a certain amount of people? Its like basically getting free money. At the current price of .42 some of you who got free coins at the start have already made $1000s of dollars. Isnt this just a pump and dump?
The giveaway was open to anyone, and lasted weeks. You could have jumped in at anytime, fairest launch of any coin if you ask me. what do you mean by isn't this pump and dump? |
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"I'm sure that in 20 years there will either be very large transaction volume or no volume." -- Satoshi
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MyFarm
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February 16, 2014, 02:49:14 AM |
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I dont understand premine coin, how is it fair that all the coins are given away all at once to a certain amount of people? Its like basically getting free money. At the current price of .42 some of you who got free coins at the start have already made $1000s of dollars. Isnt this just a pump and dump?
For many weeks now I have been pondering how to get coins to the most possible people in a fair manner. And frankly, I don't have a good answer. I came across Premine today. Is the way they did it with Premine in this thread perfect? Far from it, but they're doing the best they can. This is why quite a few pages back I was extolling the importance of continuing to give away coins to those that want to join the community. It's hard to let go of our greedy tendencies and feeling of not having enough, but in the end, it's what is best. Point being, want a few PMC? If so, post your address. |
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wenwen
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February 16, 2014, 02:49:36 AM |
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fair?what is fair? just like someone has a good PC to mine,someone can't to mine.the distribution of all of the coin isn't fair,Who are the first, who benefit from it.
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qgmurugan007
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February 16, 2014, 02:53:52 AM |
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I dont understand premine coin, how is it fair that all the coins are given away all at once to a certain amount of people? Its like basically getting free money. At the current price of .42 some of you who got free coins at the start have already made $1000s of dollars. Isnt this just a pump and dump?
For many weeks now I have been pondering how to get coins to the most possible people in a fair manner. And frankly, I don't have a good answer. I came across Premine today. Is the way they did it with Premine in this thread perfect? Far from it, but they're doing the best they can. This is why quite a few pages back I was extolling the importance of continuing to give away coins to those that want to join the community. It's hard to let go of our greedy tendencies and feeling of not having enough, but in the end, it's what is best. Point being, want a few PMC? If so, post your address. I would love some, if you care to share. 1EDUtdB9UJ4UWbT76HmcfdAHrCw4rYkNm1 Thanks. |
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MyFarm
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February 16, 2014, 02:57:39 AM |
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I would love some, if you care to share.
1EDUtdB9UJ4UWbT76HmcfdAHrCw4rYkNm1
Sent. |
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Nullu
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February 16, 2014, 03:00:59 AM |
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I dont understand premine coin, how is it fair that all the coins are given away all at once to a certain amount of people? Its like basically getting free money. At the current price of .42 some of you who got free coins at the start have already made $1000s of dollars. Isnt this just a pump and dump?
No coin can be fair in that sense. Early adopters got the most during initial distribution, and from my own contributions I feel like I've earnt those coins. No different than early miners or early investors. I haven't made a cent from PMC because I haven't sold any. It's no less fair than someone having more hashpower than you, or more BTC to buy coins than you. It is inherently unfair but money always is. That's the very nature of Capitalism and unfortunately life. However, PM me your PMC address and I'll send over a few PMC. I can't afford to send many but if you hold on to them maybe you'll make a nice profit. No, this is not a pump and dump. You're confusing terminologies. PMC is distributed. What people do with their coins is their business. PMC can be mined and bought too. It's in many hands now. |
BTC - 14kYyhhWZwSJFHAjNTtyhRVSu157nE92gF
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blueangel01
Sr. Member
 Offline
Activity: 406
Merit: 250
Hello! Send me a message.
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February 16, 2014, 03:02:31 AM |
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I dont understand premine coin, how is it fair that all the coins are given away all at once to a certain amount of people? Its like basically getting free money. At the current price of .42 some of you who got free coins at the start have already made $1000s of dollars. Isnt this just a pump and dump?
The community of PMC created its value. If all the people who have received the coin just dumped it after day 1 or 1 person hoarded most of it, then the value of PMC would had gone 0. Just post your address below, we are generous. I have never sold any coins too. I have given them away. |
Msg me if you want me to put anything here.
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ElynCho
Newbie
Offline
Activity: 30
Merit: 0
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February 16, 2014, 03:03:24 AM |
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How can I get free pmc?
1GRxff1PUKbaoPr7qL3FWiaspn8b1LTiXU
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qgmurugan007
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February 16, 2014, 03:03:56 AM |
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I would love some, if you care to share.
1EDUtdB9UJ4UWbT76HmcfdAHrCw4rYkNm1
Sent. Got it, Thanks for your generosity. |
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Allepisodes
Full Member
Offline
Activity: 132
Merit: 100
If you knew better, You'd do better
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February 16, 2014, 03:04:10 AM |
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Im Always late to the dance just found out about this today if anybody is feeling generous please don't hesitate to send to 19U8DeB2F7mjpKhVfwFFmcaNsj9Wowdqm6
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COI =CZRLd6rgyvBppSQXmCeDJ1x3hjLZq1a5yp
Dnote =DZtZnzZU2EkXgTF7j8iZgmsov9pq6Sq88n
PMP =PJgVMaZCDbBsPgHzvxNHmqDPE3BCDx9bRx
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blueangel01
Sr. Member
Offline
Activity: 406
Merit: 250
Hello! Send me a message.
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February 16, 2014, 03:06:08 AM |
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Sent 5 to all 3 PMC address above.
Your welcome!
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Msg me if you want me to put anything here.
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MyFarm
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February 16, 2014, 03:06:52 AM |
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Im Always late to the dance just found out about this today if anybody is feeling generous please don't hesitate to send to 19U8DeB2F7mjpKhVfwFFmcaNsj9Wowdqm6
How can I get free pmc?
1GRxff1PUKbaoPr7qL3FWiaspn8b1LTiXU
Sent and sent. Sent 5 to all 3 PMC address above.
Your welcome!
You rock! |
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Allepisodes
Full Member
Offline
Activity: 132
Merit: 100
If you knew better, You'd do better
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February 16, 2014, 03:07:44 AM |
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so let me get this straight you don't mine this coin you just get it from giveaways?
and thank you for donations
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COI =CZRLd6rgyvBppSQXmCeDJ1x3hjLZq1a5yp
Dnote =DZtZnzZU2EkXgTF7j8iZgmsov9pq6Sq88n
PMP =PJgVMaZCDbBsPgHzvxNHmqDPE3BCDx9bRx
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MyFarm
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February 16, 2014, 03:09:56 AM |
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so let me get this straight you don't mine this coin you just get it from giveaways?
and thank you for donations
You can get it from mining (and mining is great) in the form of transaction fees. In my opinion, that is the single most important and unique aspect of this coin. Is it a proof of concept of what will eventually happen to ALL deflationary coins, including Bitcoin. And that is once all the coins are mined, the network will rely on transaction fees to keep the miners happy and mining. This coin is a proof of concept that can work. Will you be raking in coin mining right now? No. But if/when the value rises and more transactions happen, the theory is that mining will be profitable. At least that is what pretty much every deflationary coin is hoping. |
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tintumon
Sr. Member
Offline
Activity: 364
Merit: 250
dinkimole nokkalle...
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February 16, 2014, 03:13:17 AM |
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Can I become a proud PMC owner too?
19T2Uh2xDh9cxdWoZj1QYm6rJuLURsJrsx
Thanks in advance.
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mushroomfour9
Newbie
Offline
Activity: 54
Merit: 0
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February 16, 2014, 03:14:33 AM |
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I dont understand premine coin, how is it fair that all the coins are given away all at once to a certain amount of people? Its like basically getting free money. At the current price of .42 some of you who got free coins at the start have already made $1000s of dollars. Isnt this just a pump and dump?
The giveaway was open to anyone, and lasted weeks. You could have jumped in at anytime, fairest launch of any coin if you ask me. what do you mean by isn't this pump and dump? ignore my post lol im just new to this whole cryptocurrency stuff,i just now started learing about bitcoin and how mining works, so this premine just kind of confused me. Wish i found out about this sooner and got some for free. How high do you think the price will go.I might buy some |
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MyFarm
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February 16, 2014, 03:14:33 AM |
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Can I become a proud PMC owner too?
19T2Uh2xDh9cxdWoZj1QYm6rJuLURsJrsx
Yes you can. |
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MyFarm
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February 16, 2014, 03:16:59 AM |
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ignore my post lol im just new to this whole cryptocurrency stuff,i just now started learing about bitcoin and how mining works, so this premine just kind of confused me. Wish i found out about this sooner and got some for free. How high do you think the price will go.I might buy some
Nobody knows how high it is going to go. In theory, it could crash and burn tomorrow although I doubt it. It is a very rare coin (only 500,000) and yet very cheap still. If people are generous and spread small amounts of coin to a TON of different people so TONS of people have a stake in Premine's success, then I think it can go VERY high. If everyone remains greedy and doesn't share, I don't think it'll do a whole lot. I'm doing my part and as you can see, so are others  This is a good community of people. |
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mushroomfour9
Newbie
Offline
Activity: 54
Merit: 0
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February 16, 2014, 03:20:33 AM |
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ignore my post lol im just new to this whole cryptocurrency stuff,i just now started learing about bitcoin and how mining works, so this premine just kind of confused me. Wish i found out about this sooner and got some for free. How high do you think the price will go.I might buy some
Nobody knows how high it is going to go. In theory, it could crash and burn tomorrow although I doubt it. It is a very rare coin (only 500,000) and yet very cheap still. If people are generous and spread small amounts of coin to a TON of different people so TONS of people have a stake in Premine's success, then I think it can go VERY high. If everyone remains greedy and doesn't share, I don't think it'll do a whole lot. I'm doing my part and as you can see, so are others This is a good community of people. It is starting to make sense now thank you.Can i get a few pmc 1PhRRe2m9vwHaVjTheSxAt7v24RsfLkQZL |
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ctenc001
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February 16, 2014, 03:20:38 AM |
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so let me get this straight you don't mine this coin you just get it from giveaways?
and thank you for donations
You can get it from mining (and mining is great) in the form of transaction fees. In my opinion, that is the single most important and unique aspect of this coin. Is it a proof of concept of what will eventually happen to ALL deflationary coins, including Bitcoin. And that is once all the coins are mined, the network will rely on transaction fees to keep the miners happy and mining. This coin is a proof of concept that can work. Will you be raking in coin mining right now? No. But if/when the value rises and more transactions happen, the theory is that mining will be profitable. At least that is what pretty much every deflationary coin is hoping. Given the amount of volume that was moved today, im curious how miners made out? =) |
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