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

[SlidingHorn]

Posted a new topic in the Bitcoin Discussion forum about the bug:

Bug in Bitcoin Discovered by PMC Community - Altcoins Affected As Well

Feel free to comment

[hilgi]

Yay PMC... well i am holding 3700 PMC. I buy and sell 500 PMC once in a while to add volume trades (it helps PMC while making money).

What?! How did you amass so much PMC?

i received 5000 PMC on the initial giveaway.

I gaveaway 2000 PMC and bought 500 PMC with btc.

They gave away 5k coins to those lucky enough to see this post in January? out of 500k? how in the hell is that a fair distribution? if that's the case no way in hell would I ever buy any to support this bs.

I gave away 70% of the coins I received, as did most people who received them.

[creditcoin_CRD]

Posted a new topic in the Bitcoin Discussion forum about the bug:

Bug in Bitcoin Discovered by PMC Community - Altcoins Affected As Well

Feel free to comment

It is very well done. I tweeted it out too.

[chesthing]

Yay PMC... well i am holding 3700 PMC. I buy and sell 500 PMC once in a while to add volume trades (it helps PMC while making money).

What?! How did you amass so much PMC?

i received 5000 PMC on the initial giveaway.

I gaveaway 2000 PMC and bought 500 PMC with btc.

They gave away 5k coins to those lucky enough to see this post in January? out of 500k? how in the hell is that a fair distribution? if that's the case no way in hell would I ever buy any to support this bs.

I gave away 70% of the coins I received, as did most people who received them.

Was it a requirement you give them away? if not how do you know how many gave some away? I bet some dishonest people found a way to receive multiple giveaways. 5k pmc is 5 btc at todays value just a month later. I don't understand why they gave so many to so few, I won't be supporting a few people getting rich for doing absolutely nothing but lucking out and asking for free coins. If the giveaway was for 100 coins that lasted over a few weeks I would totally support it. I was all set to buy some til I read this, good luck with the project.

[bmgbmg]

chesthing, there's only 499,000 which is the best thing going for PMC.  It's a hot coin and will be $3-$5 by the time it gets to Cry;tsy.

The biggest scams are the billion and million coins that have true premines that are kept by the devs.  Look at ICoin for instance, out of 5 million of the 8 million coins in exsitance (500,000,000 total at end) are kept by the dev. How is that fair?

PMC has been widely distributed.  There wasn't that many people who received 3-5000 coins. Most were 100-200 by the second and third day.  The point was to have the earliest recipients distributing them for the following weeks.

PMC is still only 40 cents on Poloniex.

[creditcoin_CRD]

Yay PMC... well i am holding 3700 PMC. I buy and sell 500 PMC once in a while to add volume trades (it helps PMC while making money).

What?! How did you amass so much PMC?

i received 5000 PMC on the initial giveaway.

I gaveaway 2000 PMC and bought 500 PMC with btc.

They gave away 5k coins to those lucky enough to see this post in January? out of 500k? how in the hell is that a fair distribution? if that's the case no way in hell would I ever buy any to support this bs.

I gave away 70% of the coins I received, as did most people who received them.

Was it a requirement you give them away? if not how do you know how many gave some away? I bet some dishonest people found a way to receive multiple giveaways. 5k pmc is 5 btc at todays value just a month later. I don't understand why they gave so many to so few, I won't be supporting a few people getting rich for doing absolutely nothing but lucking out and asking for free coins. If the giveaway was for 100 coins that lasted over a few weeks I would totally support it. I was all set to buy some til I read this, good luck with the project.

Yes, the large amounts were only given away in the very early stages, the free supply was tapered off and lasted for several weeks. In fact many people were giving away coins STILL as of yesterday.

[bungholio]

Yay PMC... well i am holding 3700 PMC. I buy and sell 500 PMC once in a while to add volume trades (it helps PMC while making money).

What?! How did you amass so much PMC?

i received 5000 PMC on the initial giveaway.

I gaveaway 2000 PMC and bought 500 PMC with btc.

They gave away 5k coins to those lucky enough to see this post in January? out of 500k? how in the hell is that a fair distribution? if that's the case no way in hell would I ever buy any to support this bs.

I gave away 70% of the coins I received, as did most people who received them.

Was it a requirement you give them away? if not how do you know how many gave some away? I bet some dishonest people found a way to receive multiple giveaways. 5k pmc is 5 btc at todays value just a month later. I don't understand why they gave so many to so few, I won't be supporting a few people getting rich for doing absolutely nothing but lucking out and asking for free coins. If the giveaway was for 100 coins that lasted over a few weeks I would totally support it. I was all set to buy some til I read this, good luck with the project.

Post a wallet address, never know you might get some...

[chesthing]

Well, a developer who gets coins did something to get them. All hose who got 5k coins did to get them was be lucky enough to see your post first. I just learned about the coin today looking at market caps. I guess I'm sool. Huge turnoff that you did that the first day.

[bungholio]

Well, a developer who gets coins did something to get them. All hose who got 5k coins did to get them was be lucky enough to see your post first. I just learned about the coin today looking at market caps. I guess I'm sool. Huge turnoff that you did that the first day.

Dude, serious..post an address...I'll make sure you get some.

[bmgbmg]

chesthing, the crypto markets wait for no one.  We don't go around saying, wait, I didn't get in this Bitcoin thing in 2009, could I get some now?

Nevertheless, post your PMC address you can still get some.

Also, if you have an old ASIC miner you can mine PMC for tx fees.

Did I say there's only 499,000 PMC?

[chesthing]

Well, a developer who gets coins did something to get them. All hose who got 5k coins did to get them was be lucky enough to see your post first. I just learned about the coin today looking at market caps. I guess I'm sool. Huge turnoff that you did that the first day.

Dude, serious..post an address...I'll make sure you get some.

1ECx4jUoy82MxYMstaVnQjxTvT7juPCdZz
I'll buy at least an equal amount to what I receive, I appreciate it.

[bungholio]

Well, a developer who gets coins did something to get them. All hose who got 5k coins did to get them was be lucky enough to see your post first. I just learned about the coin today looking at market caps. I guess I'm sool. Huge turnoff that you did that the first day.

Dude, serious..post an address...I'll make sure you get some.

1ECx4jUoy82MxYMstaVnQjxTvT7juPCdZz
I'll buy at least an equal amount to what I receive, I appreciate it.

75 headed your way.  See, this is a good thing!!   

[minime1]

Well, a developer who gets coins did something to get them. All hose who got 5k coins did to get them was be lucky enough to see your post first. I just learned about the coin today looking at market caps. I guess I'm sool. Huge turnoff that you did that the first day.

Dude, serious..post an address...I'll make sure you get some.

1ECx4jUoy82MxYMstaVnQjxTvT7juPCdZz
I'll buy at least an equal amount to what I receive, I appreciate it.

Don't have a huge stack, but send you 5 PMC.

[kbroadfoot]

chesthing, there's only 499,000 which is the best thing going for PMC.  It's a hot coin and will be $3-$5 by the time it gets to Cry;tsy.

The biggest scams are the billion and million coins that have true premines that are kept by the devs.  Look at ICoin for instance, out of 5 million of the 8 million coins in exsitance (500,000,000 total at end) are kept by the dev. How is that fair?

PMC has been widely distributed.  There wasn't that many people who received 3-5000 coins. Most were 100-200 by the second and third day.  The point was to have the earliest recipients distributing them for the following weeks.

PMC is still only 40 cents on Poloniex.

Yes I got like 25 PMC the first time I requested... but I have been an active member of the community and more gifts came my way. I have received like 300 PMC and have given 88 PMC or so away...  while it is true there are a couple questionable gifts to perhaps unscrupulous people, no one was ever given a winklevoss twin-like percentage. Those who have have a fortune now BOUGHT them at the exchanges...

[chesthing]

Wow thanks, sorry if I was a dick.  It's much better knowing that only a handful got 5k and most got a couple hundred, but I still feel it should distributed more evenly to more people.

[Nullu]

Some interesting activity on Poloniex this evening. Someone dumped 1363 PMC and the market didn't even flinch.

Strong market, and very interesting behaviour indeed. It looks like more and more people are realising how valuable Premine is.

[creditcoin_CRD]

Wow thanks, sorry if I was a dick.  It's much better knowing that only a handful got 5k and most got a couple hundred, but I still feel it should distributed more evenly to more people.

We practically begged people to take it for weeks. . . 

[Nullu]

Wow thanks, sorry if I was a dick.  It's much better knowing that only a handful got 5k and most got a couple hundred, but I still feel it should distributed more evenly to more people.

We practically begged people to take it for weeks. . . 

Thinking back to the start where it was just handed out here there and everywhere. The good old days.

[creditcoin_CRD]

Have to bump this too




http://www.ryblog.com/index.php?/archives/7-Did-PMC-Save-Bitcoin-Users-Billions.html

[Mivexil]

Have to bump this too



http://www.ryblog.com/index.php?/archives/7-Did-PMC-Save-Bitcoin-Users-Billions.html

The title might be a bit overhyped - after all, Bitcoin users won't see this bug until about 250 years from now - but overall, it's good to have a professional report on that