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

[blueangel01]

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.

PMC miners = United Postal Service.

[MyFarm]

It is starting to make sense now thank you.Can i get a few pmc

1PhRRe2m9vwHaVjTheSxAt7v24RsfLkQZL

Yep.  Welcome to the community

[creditcoin_CRD]

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! https://cryptsy.freshdesk.com/support/discussions/topics/4000000021

[ctenc001]

i'd like to apologize on the delayed charity webpage; i'll try and get it up soon. i just submitted it for a school project, so I have to get it up soon now

[creditcoin_CRD]

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? =)

16.2655 PMC 12:00am-10:00pm EST
~30gh

[MyFarm]

16.2655 PMC 12:00am-10:00pm EST
~30gh

I notice that my PMC wallet doesn't require transaction fees (which I think should be changed).  So where is that PMC coming from?  Those block rewarders?

[Pasco60]

0.00064, guess we will have 0.001 tomorrow ..

[MyFarm]

Probably 1 bitcoin for 1 PMC in a few weeks or month is not unlikely because PMC is only going to get more rare to find or buy.

If this community truly opens their wallets and shares the wealth, it's possible.  We all benefit if we all share with people who subsequently benefit.

[creditcoin_CRD]

I notice that my PMC wallet doesn't require transaction fees (which I think should be changed).  So where is that PMC coming from?  Those block rewarders?

the network forces a fee as the block gets larger, and depending on difficulty. the block rewarder inserts fees into the blocks, but also helps fill the block so the network starts to enforce minimums.

[creditcoin_CRD]

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? =)

16.2655 PMC 12:00am-10:00pm EST
~30gh

about 0.00829541 BTC at 0.00051

[blueangel01]

I notice that my PMC wallet doesn't require transaction fees (which I think should be changed).  So where is that PMC coming from?  Those block rewarders?

the network forces a fee as the block gets larger, and depending on difficulty. the block rewarder inserts fees into the blocks, but also helps fill the block so the network starts to enforce minimums.

I have several Block Rewarders running to ensure most blocks are filled even if there aren't regular transactions.
In a few days this will not be necessary anymore but it gives a more realistic behavior of the network to get things started.

1FREE145aEP2FHcNWJx83r887L7DU1mH6V <-- do i send PMC here for block rewarders?

Edit: How much does your rewarder giveaway?

[PMCgirl]

I can't believe how many coins were given away in this thread, the generosity is intense  

I hope I'm not too late to the party. the SO said not to trade any dogecoin for PMC  , so I've got some money in limbo from bank to coinbase to.... poloniex it looks like? I hope they're secure

[blueangel01]

I can't believe how many coins were given away in this thread, the generosity is intense  

I hope I'm not too late to the party. the SO said not to trade any dogecoin for PMC  , so I've got some money in limbo from bank to coinbase to.... poloniex it looks like? I hope they're secure

Poloniex is fine. But the only safe place is your own wallet in the computer, best is paper wallet.

Bank to coinbase... 3 days unless you have verified credit card, it would have been instant up to 10 btc.  

Edit: Sent some PMC to you   

[ctenc001]

Charity News:
http://www.halotrust.org/

I'd like to announce:
 Charity Website: http://cryptotycoons.com/portal/index.php?cID=141
*Temporary website while I build the permanent one.

What we need:

• A catchy slogan. We're called Premine, they dig up mines for a living. Get creative with the similarities =)
  
• Graphic Art for advertisement and website.
  
• Advertising. We as a community need to spread the word.
  
• Interviews with blogs and cryptonews sites.
  

 

HaloTrust:
The HALO Trust is a non-political, non-religious NGO, registered in Britain as a charity (no.1001813 and SC037870) and The HALO Trust (USA), Inc. is a non-profit corporation recognised as such under Section 501(c)(3) of the US Internal Revenue Code. HALO specialises in the removal of the hazardous debris of war.

We have over 8,000 full-time staff in 16 countries and territories, with on-going surveys into new regions. By September 2013, twenty-five years after founding HALO, we have reached some important milestones that include:

Over 1.4 million landmines destroyed
Over 11 million items of larger calibre ordnance destroyed
Over 208,000 cluster munitions destroyed
Over 53 million bullets destroyed
Over 3,400 heavy weapon systems immobilized
Over 165,000 assault rifles destroyed
Over 10,423 minefields cleared
33,460 hectares (82,682 acres) made safe from landmines
144,616 hectares (357,353 acres) made safe from unexploded and abandoned ordnance
14,491 kilometres (9,004 miles) of roads cleared

Visit the website to read more.

[Ait]

Wow - I don't check the thread for for a bit and I come back and PMC gets listed on Coinmarketcap and ctenc001 has already made a start on linking with the Halo trust! 

Blown away, I know I suggested Halo but you started doing something about it straight away - awesome! 

[wenwen]

wow,now go up to 0.001, no far to 0.01

[ctenc001]

wow,now go up to 0.001, no far to 0.01

Premine   $ 327,958   $ 0.66   499,000 PMC*   $ 10,989
 

[wenwen]

wow,now go up to 0.001, no far to 0.01

Premine   $ 327,958   $ 0.66   499,000 PMC*   $ 10,989
 

now

2014-02-16 06:02:49   Buy   0.0018   0.475   0.000855
2014-02-16 06:00:14   Buy   0.0015   644.678   0.967017
2014-02-16 05:58:11   Buy   0.0015   36   0.054

[minime1]

Someone is buying like crazy! 

[ctenc001]

wow,now go up to 0.001, no far to 0.01

Premine   $ 327,958   $ 0.66   499,000 PMC*   $ 10,989
 

now

2014-02-16 06:02:49   Buy   0.0018   0.475   0.000855
2014-02-16 06:00:14   Buy   0.0015   644.678   0.967017
2014-02-16 05:58:11   Buy   0.0015   36   0.054

52    Premine   $ 490,470   $ 0.98   499,000 PMC*   $ 12,560