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

[kbroadfoot]

Idiots dump cheap. Smart people buy cheap.

Those who understand PMC will see this as their chance to buy in.

This is just redistribution.

Doesn't make sense to keep holding your coins. I keep selling mine and keep buying back in as low as possible.

Sell your coins until you have time I like the idea of a new coin and now it's the only way to follow

I like he concept of 100 percent premined THEN 100 percent distributed... a FaucetCoin maybe... like this faucet though:
http://lottocoin.org/faucet/

However that can be a whole new coin... not PMC...  I would like to continue our efforts with PMC as it is....

[Benezivas]

https://bitcointalk.org/index.php?topic=519658.0

I don't know if this is legit but somebody might suggest PMC there.

[hilgi]

https://bitcointalk.org/index.php?topic=519658.0

I don't know if this is legit but somebody might suggest PMC there.

I have used them, good site.

[Nullu]

I'll keep supporting miners for as long as I need to, and as long as I can. It's costing me a few PMC a day, but what the hell. At least I can say I'm doing my part.

[Fermin]

I'll keep supporting miners for as long as I need to, and as long as I can. It's costing me a few PMC a day, but what the hell. At least I can say I'm doing my part.

Thanks dude! The community needs people like you!

[hilgi]

I'll keep supporting miners for as long as I need to, and as long as I can. It's costing me a few PMC a day, but what the hell. At least I can say I'm doing my part.

I wonder if we could incorporate using donations from a multipool to fund PMC miners?

[GambitBTC]

Hmm i like

[Nullu]

I'll keep supporting miners for as long as I need to, and as long as I can. It's costing me a few PMC a day, but what the hell. At least I can say I'm doing my part.

I wonder if we could incorporate using donations from a multipool to fund PMC miners?

Sounds feasible. I really like the idea of a multipool for PMC, though. It would be ideal.

[solid12345]

I think multipool is the best option too. When BC implemented it I immediately thought this is like PMC on steroids, a completely mined out coin using its non-inflationary status to make it a long-term investment, the difference is with only 500k coins PMC could be the gold status against other higher volume PoW coins plus the more value is brought into PMC by a multipool buying and reselling, the more it ALSO encourages people to mine for the bigger TX fees as well.

[bungholio]

I'll keep supporting miners for as long as I need to, and as long as I can. It's costing me a few PMC a day, but what the hell. At least I can say I'm doing my part.

Sent some PMC to further the efforts...

[so142001]

https://bitcointalk.org/index.php?topic=519658.0

I don't know if this is legit but somebody might suggest PMC there.

Voted.

[so142001]

I'll keep supporting miners for as long as I need to, and as long as I can. It's costing me a few PMC a day, but what the hell. At least I can say I'm doing my part.

We need more transactions with fees, has the client made fees mandatory yet?

[TheMightyX]

It seems like we have a lot of non-issues here.
The coin has done exactly what it was supposed to. It is not supposed to distribute any more coins after its initial distribution. We don't want an infinitely distributing coin (i.e. bitcoin will distribute for 100 years+). At some point it has to stop distributing to people for free.
It has achieved value now and that is the reward for holding on to it.

When we received PMC from initial distribution it was worthless.

If you give people a worthless amount of PMC today (i.e. 7 PMC) they cry and whine like that spyro bitch. "Your initial stake is now worth X dollars! Give me X dollars worth of PMC!" I'm sorry but thats not how the world works. That would be unsustainable. You weren't there at the initial distribution which was free and open to everyone and that is something that you will have to deal with. You don't go up to bitcoin millionaires and say "you mined thousands of BTC with your laptop! Give me some of those bitcoins!!", or maybe spyro is the kind of person to do that?

No one else is complaining about PMC distribution. You are validating his irrational concerns.


So with that being said, it does seem that the PMC distribution was too sudden. I will agree with this point.

PMC could have dragged out the distribution process. Better yet would have been to innovate or add something that people would use the coin for. If no one is sending pmc then no one can mine PMC. I don't believe creating a PMC2 is a good idea because it implies there is a problem with the original, when in fact it is functioning exactly as it was designed to.

Should we remake bitcoin into bitcoin2 so as to redistribute the coins more evenly? of course not.
Making fees mandatory is a great start. Creating some gambling sites would help. The multipool is proactive.
We need more ideas like this.

[shanent]

I would rememmber all to continue voting on mintpal.

Now you have to be registered and have at least one trading.

https://www.mintpal.com/voting

[ctenc001]

It seems like we have a lot of non-issues here.
The coin has done exactly what it was supposed to. It is not supposed to distribute any more coins after its initial distribution. We don't want an infinitely distributing coin (i.e. bitcoin will distribute for 100 years+). At some point it has to stop distributing to people for free.
It has achieved value now and that is the reward for holding on to it.

When we received PMC from initial distribution it was worthless.

If you give people a worthless amount of PMC today (i.e. 7 PMC) they cry and whine like that spyro bitch. "Your initial stake is now worth X dollars! Give me X dollars worth of PMC!" I'm sorry but thats not how the world works. That would be unsustainable. You weren't there at the initial distribution which was free and open to everyone and that is something that you will have to deal with. You don't go up to bitcoin millionaires and say "you mined thousands of BTC with your laptop! Give me some of those bitcoins!!", or maybe spyro is the kind of person to do that?

No one else is complaining about PMC distribution. You are validating his irrational concerns.


So with that being said, it does seem that the PMC distribution was too sudden. I will agree with this point.

PMC could have dragged out the distribution process. Better yet would have been to innovate or add something that people would use the coin for. If no one is sending pmc then no one can mine PMC. I don't believe creating a PMC2 is a good idea because it implies there is a problem with the original, when in fact it is functioning exactly as it was designed to.

Should we remake bitcoin into bitcoin2 so as to redistribute the coins more evenly? of course not.
Making fees mandatory is a great start. Creating some gambling sites would help. The multipool is proactive.
We need more ideas like this.

I feel that if we keep both PMC and PMC2 alive, it doesn't give off that appearance. PMC2 would simply be a branch off of the PMC ecosystem to include more things. Currently PMC is limited to only showing BTCs future in its current iteration. My proposal was to create a second coin, that does not replace PMC, but builds off the concept, that will focuses on the possible changes BTC could make; it'd be a trial run for any future forks, bug fixes, or newly integrated features of BTC or any other coin. Creating PMC2 as a PMC Proof of Burn IPO would encourage people to buy PMC, and would also encourage people to hold more PMC since the total amount of coin is decreasing, which should mean an increase in value.

So we are left with a better distributed, more valuable PMC, and a new 2nd coin, unique in that it promises to always have the latest and greatest ideas implemented into it (pmc2), which by design also promises multiple forks over the course of even a single year. This is very unique, I don't know of any other coin that promises from the start to fork every few weeks to implement a new technology. I'm sure it'll drive some exchanges crazy, having to constantly update, but at the same time theres some definate value in promising to never be behind the curve in features.

TO be clear, I am not proposing we remake PMC. I am proposing we create a 2nd coin that enhances PMC's current situation while building off of the fundamentals of PMC, exploring what btc, and now other coins, will look like in the future.

[blueangel01]

It seems like we have a lot of non-issues here.
The coin has done exactly what it was supposed to. It is not supposed to distribute any more coins after its initial distribution. We don't want an infinitely distributing coin (i.e. bitcoin will distribute for 100 years+). At some point it has to stop distributing to people for free.
It has achieved value now and that is the reward for holding on to it.

When we received PMC from initial distribution it was worthless.

If you give people a worthless amount of PMC today (i.e. 7 PMC) they cry and whine like that spyro bitch. "Your initial stake is now worth X dollars! Give me X dollars worth of PMC!" I'm sorry but thats not how the world works. That would be unsustainable. You weren't there at the initial distribution which was free and open to everyone and that is something that you will have to deal with. You don't go up to bitcoin millionaires and say "you mined thousands of BTC with your laptop! Give me some of those bitcoins!!", or maybe spyro is the kind of person to do that?

No one else is complaining about PMC distribution. You are validating his irrational concerns.


So with that being said, it does seem that the PMC distribution was too sudden. I will agree with this point.

PMC could have dragged out the distribution process. Better yet would have been to innovate or add something that people would use the coin for. If no one is sending pmc then no one can mine PMC. I don't believe creating a PMC2 is a good idea because it implies there is a problem with the original, when in fact it is functioning exactly as it was designed to.

Should we remake bitcoin into bitcoin2 so as to redistribute the coins more evenly? of course not.
Making fees mandatory is a great start. Creating some gambling sites would help. The multipool is proactive.
We need more ideas like this.

I feel that if we keep both PMC and PMC2 alive, it doesn't give off that appearance. PMC2 would simply be a branch off of the PMC ecosystem to include more things. Currently PMC is limited to only showing BTCs future in its current iteration. My proposal was to create a second coin, that does not replace PMC, but builds off the concept, that will focuses on the possible changes BTC could make; it'd be a trial run for any future forks, bug fixes, or newly integrated features of BTC or any other coin. Creating PMC2 as a PMC Proof of Burn IPO would encourage people to buy PMC, and would also encourage people to hold more PMC since the total amount of coin is decreasing, which should mean an increase in value.

So we are left with a better distributed, more valuable PMC, and a new 2nd coin, unique in that it promises to always have the latest and greatest ideas implemented into it (pmc2), which by design also promises multiple forks over the course of even a single year. This is very unique, I don't know of any other coin that promises from the start to fork every few weeks to implement a new technology. I'm sure it'll drive some exchanges crazy, having to constantly update, but at the same time theres some definate value in promising to never be behind the curve in features.

TO be clear, I am not proposing we remake PMC. I am proposing we create a 2nd coin that enhances PMC's current situation while building off of the fundamentals of PMC, exploring what btc, and now other coins, will look like in the future.

I totally agree with PMC2. That is the only way we could create further demand for the coin PMC. Unless , you have any other idea? If not then lets proceed with this plan.

[annpaol]

The dev is gone, this coin is dead.

[Nullu]

The dev is gone, this coin is dead.

Last Active:    Today at 03:13:43 PM

[annpaol]

The dev is gone, this coin is dead.

Last Active:    Today at 03:13:43 PM

Last post 13 March, sorry but this is the reality. Probably he dumped all his coins

[ctenc001]

The dev is gone, this coin is dead.

The dev is not gone, he made if perfectly clear he would not be around for a few days over the weekend due to some personal matters.
Nice trolling though