HorseCoin
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March 13, 2014, 12:15:03 AM |
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how do u "mine" a premined coin? Same as all of the other coins, only rather than getting a block reward of ie: 50 coins, you get transaction fees instead. PMC is mined with any regular Bitcoin miner. what is the current price |
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creditcoin_CRD (OP)
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March 13, 2014, 12:16:36 AM |
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how do u "mine" a premined coin? Same as all of the other coins, only rather than getting a block reward of ie: 50 coins, you get transaction fees instead. PMC is mined with any regular Bitcoin miner. what is the current price $0.14 |
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kbroadfoot
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March 13, 2014, 12:21:39 AM |
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how do u "mine" a premined coin? Same as all of the other coins, only rather than getting a block reward of ie: 50 coins, you get transaction fees instead. PMC is mined with any regular Bitcoin miner. what is the current price The current price at Poloniex is 0.00025 BTC varying between .0003 and 0002 today. It has been over .001 in the past ( the usual initial pump and dump ) But this coin is unusual in that there are no more coins... they are all 'out there'. So there is a solid bottom ( maybe .0002 ) and the rest is up to the community. We are working hard to bring awareness to the coin... The developer gave every coin away... 100 percent of them... He then bought back from the exchanges himself... No PMC was 'held back'. However there are some quiet folks who have slowly amassed quite a few and they have not yet 'dumped' I am hoping they are behind the coin as much as I am. If not we have enough people I hope that are behind PMC enough to absorb those coins... |
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kbroadfoot
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March 13, 2014, 12:42:44 AM |
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250,000 coins for UNO or how about 42 coins for 42  499,000 coins is sort of interesting I think 21 million coins would have taken the dev years to give out and he would have been accused of 'holding them back' for far longer.... |
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creditcoin_CRD (OP)
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March 13, 2014, 12:47:06 AM |
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250,000 coins for UNO or how about 42 coins for 42 499,000 coins is sort of interesting I think 21 million coins would have taken the dev years to give out and he would have been accused of 'holding them back' for far longer.... ^this Heck, we've already been raked over the coals for "giving out too many coins" during distribution. Imagine if I had 21mil to give away :/ |
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HorseCoin
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March 13, 2014, 01:25:46 AM
Last edit: March 13, 2014, 01:56:39 AM by HorseCoin |
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250,000 coins for UNO or how about 42 coins for 42 499,000 coins is sort of interesting I think 21 million coins would have taken the dev years to give out and he would have been accused of 'holding them back' for far longer.... ^this Heck, we've already been raked over the coals for "giving out too many coins" during distribution. Imagine if I had 21mil to give away :/ they'll be gone in a month. we will be selling at 0.00000001, and double the price every day (till it's gone). It will be under a month before it goes above BTC1.50, and it will (it's scrypt and has a transaction time similar to Litecoin) starting from an April launch (April's Folld's Day!!_) April 1 - 0.00000001 April 2 - 0.00000002 April 3 - 0.00000004 April 4 - 0.00000008 April 5 - 0.00000016 April 6 - 0.00000032 April 7 - 0.00000064 April 8 - 0.00000128 April 9 - 0.00000256 April 10 - 0.00000512 April 11 - 0.00001024 April 12 - 0.00002048 April 13 - 0.00004096 April 14 - 0.00008192 April 15 - 0.00016384 April 16 - 0.00032768 April 17 - 0.00065536 April 18 - 0.00131072 April 19 - 0.00262144 April 20 - SOLD OUT |
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Ait
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March 13, 2014, 01:53:46 AM |
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how do u "mine" a premined coin? Same as all of the other coins, only rather than getting a block reward of ie: 50 coins, you get transaction fees instead. PMC is mined with any regular Bitcoin miner. what is the current price The current price at Poloniex is 0.00025 BTC varying between .0003 and 0002 today. It has been over .001 in the past ( the usual initial pump and dump ) But this coin is unusual in that there are no more coins... they are all 'out there'. So there is a solid bottom ( maybe .0002 ) and the rest is up to the community. We are working hard to bring awareness to the coin... The developer gave every coin away... 100 percent of them... He then bought back from the exchanges himself... No PMC was 'held back'. However there are some quiet folks who have slowly amassed quite a few and they have not yet 'dumped' I am hoping they are behind the coin as much as I am. If not we have enough people I hope that are behind PMC enough to absorb those coins... And I think they still are, a couple of big buys in around 0.0002, combined with a couple of big sellers around 0.00022/3 forcing any new sellers to sell to those big buy walls. I wish they would stop playing with it so much, although it seems many of the coins on Poloniex are fair game, not just PMC  |
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Ait
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March 13, 2014, 01:54:47 AM |
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On a more positive note - love the paper wallet! |
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creditcoin_CRD (OP)
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March 13, 2014, 02:58:11 AM |
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After days of fiddling with MPOS, the former "private pool" has morphed into a "PMC Dispensary". After becoming familiar with the code it occurred to me that I can set up the pool as a PPS pool, and set the payouts manually to X amount of coins per block. Regardless of what the actual PMC block reward actually is, I can set the script to pay miners whatever I chose. By filling up the PMC Dispensary address, and setting the block reward payout higher, the pool effectively becomes a distribution point for PMC. Because the network needs hashes, and miners like getting paid, its a good fit. The Dispensary will give PMC some time to get on its feet until the transaction volume is high enough to sustain mining for TX fees. Irony, when you consider PMC was premined in the first place and BTC design naturally solves the problem for itself by not being premined. Nevertheless it will be a good way to distribute PMC for awhile, and will help create TX volume and TX fees.
The PMC Dispensary is still being tweaked and monitored, but it should be ready to open fairly soon. I DO still need more testers, so if you like mining and being a lab-rat shoot me a PM. Once it is open, PMC bigshots are encouraged to donate if you feel like it is a good idea.
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shanent
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March 13, 2014, 10:50:12 AM |
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And give me your opinions on this. they'd like to have some pmc "We can post info on premine coin and we are open to adding PMC to our shop. Let us know how we can go about the donations, as we are a startup and we do a lot of non profit work we are always in need of cryptocurrencies for giveaways and promotions. We will keep a fraction of the coin you give us and use the rest to promote our store on our social sites such as facebook and twitter. We have a good following." |
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creditcoin_CRD (OP)
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March 13, 2014, 12:00:16 PM |
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Updated the op with this info as well. |
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ctenc001
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March 13, 2014, 12:01:30 PM |
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Updated the op with this info as well. I should have some free time (finally) later this afternoon if you'd like me to update the website and send you the new source. |
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creditcoin_CRD (OP)
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March 13, 2014, 12:10:42 PM |
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Updated the op with this info as well. I should have some free time (finally) later this afternoon if you'd like me to update the website and send you the new source. PM sent |
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kbroadfoot
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March 13, 2014, 01:40:25 PM |
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Buying spree at Poloniex.. price up...
Price PMC BTC
0.0026712 20213 53.9929656 <<<---- look at this sell wall!
That is our goal for now I suppose...
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ctenc001
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March 13, 2014, 01:48:50 PM |
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Buying spree at Poloniex.. price up...
Price PMC BTC
0.0026712 20213 53.9929656 <<<---- look at this sell wall!
That is our goal for now I suppose...
I started talking up PMC in the trollbox, guess I was convincing  |
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coinnewbit
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March 13, 2014, 02:07:09 PM |
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And give me your opinions on this. they'd like to have some pmc "We can post info on premine coin and we are open to adding PMC to our shop. Let us know how we can go about the donations, as we are a startup and we do a lot of non profit work we are always in need of cryptocurrencies for giveaways and promotions. We will keep a fraction of the coin you give us and use the rest to promote our store on our social sites such as facebook and twitter. We have a good following." IMHO, the site does not look professional enough, and scamadviser tells me that the domian age is 60 days. Not worth it to me |
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JDS1000
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March 13, 2014, 02:08:10 PM |
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FYI - Tell your friends - Feedback is welcome - but I'll be swamped for the next 2 hours getting the word out on all social mediums... Today's CryptoSandwich features an Exclusive PMC Giveway from our coin of the day! The Rare and Valuable PremineCoin.
Also New Giveaways for Vault and GoldCoin.
Why we like PMC – some of the same reasons as DogeJones and his new Altcoin Ratings System. Learn more and Get Coins - All in today's Sandwich....http://www.cryptosandwich.com/1/post/2014/03/todays-best-giveaways-features-preminecoin.html |
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