Topic: [ANN] Minereum - First Self Mining Smart Contract - Scam or Legit

[Bosko]

As it seems that mod on original thread is somewhat.... Easy on the trigger to delete posts which question validity of this project lets discuss it here.

Reason to delete your post can only be
Illegal content or advertisment of other coins

[Bosko]

One of my posts as an answer to a question.. And it was deleted

guys, can we still make money with this gem ?

Well, yes you can in theory.

First you will have to pay up front at least 0.1ETH (c.a. 15$USD) to start mining and then 0.2ETH when you want to take out what you mined... so NOT 32000 MNE

Lets entertain an Idea.

Today you pay 16 USD for a possibility to have 250 USD in 50 years (If you live to the reach that age)
In 50 years you will for sure:

1. Forget your name
2. Be too old to even remember that back in 2020 you had some shitcoin named MNE
3. Even if you remember... will you know your wallet data?
4. 250 USD in 50 years will be in real value maybe 5 USD

Keep in mind that things evolve and change... BTC is quite young... I would not even bet that BTC will exist in 50 years... Not that blockchain will be the thing of past...

Old proverb says if you cant make 10% year on year dont go in that investment... I know that I will be flamed for that but If you have read one single book on investment or talked to anyone who owns a business they will tell you that anything bellow 10% is no go.

Not that I'm greedy but under 10% simply dont cut it.

Thank you for reading my rant :-)

p.s. MNE is a SHITCOIN.... just look at the etherscan and all will be revealed

[R3x]

so I have to pay 0.3Eth to start mine and enable withdraw

Every day I mine 2 Mne = "0.00062993 ETH current value" . to get my invested eth back I have to wait for 600 days if Minereum price is 0.00062993 ETH but the price fluctuates a lot also Minereum is listed only on 1 exchange owned by the developers and I don't think any big exchange gonna list this token


There is also no information about developers [not sure but I think only 1 person running this project]


and there is a chance that the person behind this is waiting for the price to go up so he or she can sell a large amount of Minereum and get run away with a large sum of money


My opinion: This project sound like bitconnect.

[Iyeman]

My opinion: This project sound like bitconnect.

I do agree with this statement but bitconnect used the traditional ponzi system while this one use a new mechanism that will fool the people who have activated the level 2 or 3 to get the minereum coin.
This coin is a crap coin.

[R3x]

My opinion: This project sound like bitconnect.

I do agree with this statement but bitconnect used the traditional ponzi system while this one use a new mechanism that will fool the people who have activated the level 2 or 3 to get the minereum coin.
This coin is a crap coin.

Yes, exactly they are using a new mechanism that draws new people and because they did an airdrop. they reached a lot of people via websites that list airdrop. and the developer owns an exchange which allows the token to get listed on coinmarketcap and that allows the developer to show Minereum price in ethscan block explorer

when those people who are new to crypto space suddenly see 1000$ in their eth wallet they will definitely check the token in CMC and possibly pay the fee to start mining  without a second thought