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Author Topic: [ANN] [PMC] Premine Coin | Rare | Mining Transaction Fee Proof of Concept  (Read 382863 times)
kbroadfoot
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March 06, 2014, 09:35:20 PM
 #6381

so, can i ask the obvious question without going through 300 pages... is there any premine left to give out? how do i get my hands on some? and is there a public record of where and how the initial distribution was achieved?

all i see on the OP is that it was "fairly distributed to the community". i would like to know some more information on how this was done, appreciate any help! Smiley

From the PMC Forum:  http://preminecoin.cryptotycoons.com/forum/index.php?topic=2461.0

Since the last of the DEV wallet is almost passed out, we think it will best to make a post about this. It is already a common question and for the purpose of documentation we will address it here.

After Premine was launched, we began passing out coins immediately. The handouts were given in the largest amounts to the pre-launch supporters, and early adopters. All coins were passed out with the hope that they would be passed out to others by the recipients. The Amounts ranged from 5000-10,000 per address, favoring the lower end.

Word spread, and more and more addresses started coming in. The giveaways were tapered off gradually. This continued for approximately 7 days. During this time the announcement was translated to ?German, Spanish, and Chinese. Bounties were given to the good and generous people who took the time to spread the word, as well as funding for people who offered to do various giveaways.

Additionally we opened a twitter account to give away coins, volunteers set up reddit, facebook, and IRC contacts. As well as a personal forum, and the first block explorer. Gratuities were obviously given, and we continued to pass out coins in a gradually reducing manor. Finally a dice game was set up with a 10,000 bounty and a seed donation. Two faucets were also opened. There was a controversial bounty of  50,000 coins set on the faucet, and because two faucets arrived within moments of each-other the makers agreed to a split. The individuals who made the faucets also very generously donated their bounties to their faucets. Everybody was encouraged heavily to pass as many coins as they could on to somebody else.

We continued to pass out coins to anybody that requested them. And funded various promotions and giveaways. We eventually arrived at two exchanges. A giveaway of 1500 PMC was donated to Poloneix exchange to host a giveaway. The recollection of the events above may vary slightly in the order in which they are documented, but everything should be easy enough to verify if you need to research the announcement thread on BCT. Some users also made scripts to give away coins as fees for the miners, appropriate donations were provided to enhance mining with TX fees.

As of the time of this post we are promoting Premine with a weekend giveaway, the remainder of the coins will be passed out, given away, and donated. We will edit this thread when necessary.
Also, if we forgot to credit somebody above by all means contact one of us. A HUGE number of people pitched in to make this happen, because our community is active. It was a very busy distribution, so I could have easily forgotten somebody Wink



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March 06, 2014, 09:42:57 PM
 #6382

Unfortunately I have had to put the faucet into maintenance mode due to noticing weird withdrawals this morning.
Some dumb twits are hell bent on ruining the free giveaways and using bots to simulate hundreds of transactions to withdraw PMC from the faucet.

I am going to see what we can do if anything to prevent this and until then the faucet will remain offline.

Oh that's a pain but I can't say I'm surprised.  Sad

PreMineCoin # 100% Distribution # 0% Inflation
PMC: 1F7agvGdq8UALQ5tVrGejjfxjRkgSr4E4b
PXL: 1BuGVeYanmB1FNuV6QBAvZqsZKDFnV8rjU
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March 06, 2014, 09:43:48 PM
 #6383

so, can i ask the obvious question without going through 300 pages... is there any premine left to give out? how do i get my hands on some? and is there a public record of where and how the initial distribution was achieved?

all i see on the OP is that it was "fairly distributed to the community". i would like to know some more information on how this was done, appreciate any help! Smiley

From the PMC Forum:  http://preminecoin.cryptotycoons.com/forum/index.php?topic=2461.0

Since the last of the DEV wallet is almost passed out, we think it will best to make a post about this. It is already a common question and for the purpose of documentation we will address it here.

After Premine was launched, we began passing out coins immediately. The handouts were given in the largest amounts to the pre-launch supporters, and early adopters. All coins were passed out with the hope that they would be passed out to others by the recipients. The Amounts ranged from 5000-10,000 per address, favoring the lower end.

Word spread, and more and more addresses started coming in. The giveaways were tapered off gradually. This continued for approximately 7 days. During this time the announcement was translated to ?German, Spanish, and Chinese. Bounties were given to the good and generous people who took the time to spread the word, as well as funding for people who offered to do various giveaways.

Additionally we opened a twitter account to give away coins, volunteers set up reddit, facebook, and IRC contacts. As well as a personal forum, and the first block explorer. Gratuities were obviously given, and we continued to pass out coins in a gradually reducing manor. Finally a dice game was set up with a 10,000 bounty and a seed donation. Two faucets were also opened. There was a controversial bounty of  50,000 coins set on the faucet, and because two faucets arrived within moments of each-other the makers agreed to a split. The individuals who made the faucets also very generously donated their bounties to their faucets. Everybody was encouraged heavily to pass as many coins as they could on to somebody else.

We continued to pass out coins to anybody that requested them. And funded various promotions and giveaways. We eventually arrived at two exchanges. A giveaway of 1500 PMC was donated to Poloneix exchange to host a giveaway. The recollection of the events above may vary slightly in the order in which they are documented, but everything should be easy enough to verify if you need to research the announcement thread on BCT. Some users also made scripts to give away coins as fees for the miners, appropriate donations were provided to enhance mining with TX fees.

As of the time of this post we are promoting Premine with a weekend giveaway, the remainder of the coins will be passed out, given away, and donated. We will edit this thread when necessary.
Also, if we forgot to credit somebody above by all means contact one of us. A HUGE number of people pitched in to make this happen, because our community is active. It was a very busy distribution, so I could have easily forgotten somebody Wink




Perhaps some version of this on Page 1 would make sense?

PreMineCoin # 100% Distribution # 0% Inflation
PMC: 1F7agvGdq8UALQ5tVrGejjfxjRkgSr4E4b
PXL: 1BuGVeYanmB1FNuV6QBAvZqsZKDFnV8rjU
solid12345
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March 06, 2014, 10:31:20 PM
 #6384

Unfortunately I have had to put the faucet into maintenance mode due to noticing weird withdrawals this morning.
Some dumb twits are hell bent on ruining the free giveaways and using bots to simulate hundreds of transactions to withdraw PMC from the faucet.

I am going to see what we can do if anything to prevent this and until then the faucet will remain offline.

Oh that's a pain but I can't say I'm surprised.  Sad

Look on the bright side at least people are now recognizing the value of this coin, can you imagine faucets for any other alt in the same market position being scammed?
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March 07, 2014, 12:06:23 AM
 #6385

About how many block erupters would i need to make a decent amount from tx fees per day?

COI =CZRLd6rgyvBppSQXmCeDJ1x3hjLZq1a5yp
Dnote =DZtZnzZU2EkXgTF7j8iZgmsov9pq6Sq88n
PMP =PJgVMaZCDbBsPgHzvxNHmqDPE3BCDx9bRx
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March 07, 2014, 12:22:55 AM
 #6386

About how many block erupters would i need to make a decent amount from tx fees per day?


The interesting thing about PMC is the faster you mine it, the less you make. There is a fine line. You would probably do better with 1 cube than if you ran 2. Once blocks start coming too fast, they are empty. The blocks need to be filled with transactions in order to produce fees.


To directly answer your question, Bungholio says he is running a 30gh cube, and has netted something like 53 coins over ?15? days. 16 days and have gotten 51.7 PMC.

https://bitcointalk.org/index.php?topic=427519.msg5532122#msg5532122

kbroadfoot
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March 07, 2014, 01:03:23 AM
 #6387

I send Coins-E an email asking for them to include PMC...
Poloniex isn't enough I am afraid.

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March 07, 2014, 02:37:20 AM
 #6388

Quietly slip onto poloniex and buy up some cheap PMC.... the trollbox people will eventually see it going up  Smiley

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March 07, 2014, 03:47:47 AM
 #6389

I think someone is trying to manipulate PMC's price downwards..as I've noticed that after taking down a lot of the buys they then post quite a low sell order.  So at the moment a sell is posted at 47...with the next one being 61.  So anyone who is not watching too carefully will sell low too.

As it's such a small exchange I'm guessing there isn't much we can do about it except hope that their endgame is to buy cheap and sell higher.  Sad

PreMineCoin # 100% Distribution # 0% Inflation
PMC: 1F7agvGdq8UALQ5tVrGejjfxjRkgSr4E4b
PXL: 1BuGVeYanmB1FNuV6QBAvZqsZKDFnV8rjU
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March 07, 2014, 03:54:19 AM
 #6390

I think someone is trying to manipulate PMC's price downwards..as I've noticed that after taking down a lot of the buys they then post quite a low sell order.  So at the moment a sell is posted at 47...with the next one being 61.  So anyone who is not watching too carefully will sell low too.

As it's such a small exchange I'm guessing there isn't much we can do about it except hope that their endgame is to buy cheap and sell higher.  Sad

I'm kicking myself for not cashing out at Maza's highs yesterday, could have had a lot of BTC to come in and harpoon the whales.
coinnewbit
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March 07, 2014, 04:49:29 AM
 #6391

When will pmc get on a larger exchange?
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March 07, 2014, 05:23:41 AM
 #6392

I will own 1% of the alcurex new exchange to launch and i will do my best to add PMC there.

Msg me if you want me to put anything here.
Sarahiko
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March 07, 2014, 05:42:29 AM
 #6393

With this exchange rate i think PMC is undervalued it should be more.
blueangel01
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March 07, 2014, 06:11:45 AM
 #6394

With this exchange rate i think PMC is undervalued it should be more.

ofcourse it is. Bitcoin has been undervalued for more than 4 years before people saw its value.

Msg me if you want me to put anything here.
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March 07, 2014, 07:31:50 AM
 #6395

I think someone is trying to manipulate PMC's price downwards..as I've noticed that after taking down a lot of the buys they then post quite a low sell order.  So at the moment a sell is posted at 47...with the next one being 61.  So anyone who is not watching too carefully will sell low too.

As it's such a small exchange I'm guessing there isn't much we can do about it except hope that their endgame is to buy cheap and sell higher.  Sad

Or somebody's left a partial order from selling. Though the market is still weird, and it seems to happen way too often.
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March 07, 2014, 08:15:35 AM
 #6396

I will own 1% of the alcurex new exchange to launch and i will do my best to add PMC there.

http://alcurex.info/

This looks really amazing......   Pre-Paid Credit Cards? Fiat?

Yes please get PMC on this  Smiley


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March 07, 2014, 09:10:52 AM
 #6397

This will require trust but.....

This is a cold wallet for PMC ( and BTC if you wish to donate but the BTC is all mine! )

1LottouYrsEtCEhjZEjVUJ8nxYxG2ADJqK

Send 0.1 PMC to that address. Pay attention to the transaction ID.... IF the first two digits and the last two digits are the SAME you win...
What do you win? only 50 percent. The other 50 percent is being sent to the faucet: http://faucet.premineco.in/

No, I am NOT a computer geek... I need you to tell me you have won... I will go to the block explorer and verify...
Please just message me...

I can only pay you from the address the 0.1 was sent from... that means you MUST use the PMC wallet. I can't send the money back to an exchange address...

If you send MORE than 0.1 it simply goes into the funds for the prize and faucet...
If you send less that 0.1    I will not count it as an entry... But it will ALSO go into the prize pool...

I will make nothing off of this.... but hopefully the faucet will... and one lucky person....

Odds are 1/256  to match first and last two digits...

Thanks


So far so good...
http://blockchain.premineco.in/address/1LottouYrsEtCEhjZEjVUJ8nxYxG2ADJqK

13 PMC so far

0.1 to the address: 1LottouYrsEtCEhjZEjVUJ8nxYxG2ADJqK    ( wallet ONLY, not exchange )
Match first 2 and last 2 digits of transaction ID and MESSAGE ME....

50 percent to you and 50 percent to the faucet...

No winners yet! Just match the first two digits and the last two digits of the TX ID and you win!
And now you can fire the 0.1 PMC with your android phone!

Again check the transaction ID:  match first two and last two you win... message me! ( In the forum is okay )

If at the end of March no one has actually won, I will find some way to pick a previous entry as a winner. Probably using random.org.
That gives you all a month!

Faucet Donation 'might' change if it isn't being returned to working order.... in which case I will take advice on which charity or effort  to donate too...

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March 07, 2014, 09:15:53 AM
 #6398

I will own 1% of the alcurex new exchange to launch and i will do my best to add PMC there.

http://alcurex.info/

This looks really amazing......   Pre-Paid Credit Cards? Fiat?

Yes please get PMC on this  Smiley



Have you already contacted them ?

BTW today probably good news are coming for PMC.

Print yOur PreMineCoin CaLenDar  PMC(φ) 16z7TSgoXRTepHFT1CEBXA3j5jWVQ2uADL  BTC 1AeMvtC9nhboL7fSMkyNykW864rEQWUjQC
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March 07, 2014, 09:20:11 AM
 #6399

I will own 1% of the alcurex new exchange to launch and i will do my best to add PMC there.

http://alcurex.info/

This looks really amazing......   Pre-Paid Credit Cards? Fiat?

Yes please get PMC on this  Smiley



Have you already contacted them ?

BTW today probably good news are coming for PMC.
If he has 1% of the shares he can vote with it after the IPO is finnished.
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March 07, 2014, 09:25:37 AM
 #6400

I will own 1% of the alcurex new exchange to launch and i will do my best to add PMC there.

http://alcurex.info/

This looks really amazing......   Pre-Paid Credit Cards? Fiat?

Yes please get PMC on this  Smiley



I've contacted already coinverted.com but they say that PMC has no good volume to hit their site for now.

Take a look, it's great site. You can buy many different types of prepayed cards Smiley

Print yOur PreMineCoin CaLenDar  PMC(φ) 16z7TSgoXRTepHFT1CEBXA3j5jWVQ2uADL  BTC 1AeMvtC9nhboL7fSMkyNykW864rEQWUjQC
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