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Question: Minerals development - top priority
E-sports Betting services + wallet betting features - 254 (48.7%)
Anonymity development - 135 (25.9%)
Multipool further development - 28 (5.4%)
SC2 tournaments - 56 (10.7%)
Wallet improvements (chat, price, better design) - 49 (9.4%)
Total Voters: 522

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Author Topic: [ANN][MIN] Minerals - POS | Developing own anon solution |  (Read 742152 times)
Tam222
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August 04, 2014, 08:00:06 PM
 #7941

90k minerals dumped during tournament lol

Crazy stuff... or.....

MIN - MCfYhe84Sos6fsLt2SwNrZ9EAwhPaTonu8  
BTC - 1DqDrHQB8x5Hh1mf1yHaUV2etRCdSbmPXB
GPC - LNVkXdNM4CpmgKAJaHh4BPiN15xdWL3Y1E
Pikachu12
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August 04, 2014, 08:03:15 PM
 #7942

600 viewers at the moment!!!
Hoshimaru
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August 04, 2014, 08:18:32 PM
 #7943

90k minerals dumped during tournament lol

Crazy stuff... or.....
Someone trying to incite panic sells to buy low?

For the record & sake of transparancy: Bitcometrader's donation of 10K has been transferred to Crayon, who'll take care of rewarding today's winner Smiley
Crayonsc2
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August 04, 2014, 09:07:15 PM
 #7944

Having a lot of fun in the tournament. Dont forget to tune in! live.minerals.pro
Tam222
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August 05, 2014, 12:29:14 AM
 #7945

Hey, Well done Guys!

That was frigging awesome! Thoroughly enjoyable experience, great to hear new MIN owners having fun betting!!


MIN - MCfYhe84Sos6fsLt2SwNrZ9EAwhPaTonu8  
BTC - 1DqDrHQB8x5Hh1mf1yHaUV2etRCdSbmPXB
GPC - LNVkXdNM4CpmgKAJaHh4BPiN15xdWL3Y1E
Hoshimaru
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August 05, 2014, 12:34:46 AM
 #7946

Here we go!

http://www.morningminerals.com/?p=430

Fresh from nightly writing Wink
I'll check it again and eventually rewrite it if there's too much errors (it's 2:40 AM here).
Feedback is welcome Smiley

And Minerals, MineralsPR, CrayonSC2 and other people involved, thank so much for this fantastic tournament. I really enjoyed it!
jc12345
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August 05, 2014, 12:46:32 AM
 #7947

Here we go!

http://www.morningminerals.com/?p=430

Fresh from nightly writing Wink
I'll check it again and eventually rewrite it if there's too much errors (it's 2:40 AM here).
Feedback is welcome Smiley

And Minerals, MineralsPR, CrayonSC2 and other people involved, thank so much for this fantastic tournament. I really enjoyed it!

Nice going with the tournament today. I can see that the dev team put in a lot of effort to make sure everything went smooth and worked well. I was impressed. Well done.
MineralsPR
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August 05, 2014, 12:48:27 AM
 #7948

Yeah. Tournament is over. Today we only experienced minor hicups in service. Most of the betting went well. Thanks everyone. Tomorrow we will handle Players payout and update developement plans.

Bojcha
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August 05, 2014, 02:11:33 AM
 #7949

what happened with few bets? coins didn't get back.
sdersdf2
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August 05, 2014, 04:17:49 AM
 #7950

Is MINERAL done? Tournament doesnt seem to have moved the needle as far as its trajectory. What's next?
jc12345
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August 05, 2014, 05:08:25 AM
Last edit: August 05, 2014, 05:56:16 AM by jc12345
 #7951

Is MINERAL done? Tournament doesnt seem to have moved the needle as far as its trajectory. What's next?

Although I don't bet personally, the betting seemed to work fine yesterday. What is noticeable though is there are only hundreds and in some cases thousands of Minerals being bet with in total for a game. In order for the price to go up, it has to be in the hundreds of thousands that needs to be bet. Either thousands more people have to be drawn to the betting, or the current few that does bet need to bet thousands each and not just a few. Furthermore, the people that currently bet are probably betting from their existing holdings. In order for the price to go up, volume and demand have to go up. Existing or new people have to want to buy more Minerals than existing holders want to sell. The view and strategy of the dev team is to create the required demand through betting. This means that their plans will have to be focussed on getting thousands of new people to start betting and to get them to bet a lot. Currently it is mostly just existing holders that are betting that does not need to buy Minerals on the market. The current status is probably understandable because betting is in final user testing by the looks of things with the 1st tournament having been a final live test in Production.

The dev team and community must now move out of 1st gear into 2nd and 3rd gear if they want to create the demand by this means. Real life services take time and does not happen overnight. It will also require a gigantic effort to turn the market around by this means and the community should see a turnaround happening by end of 2014 or Q1 2015. Unless there is another method (hint) to create demand that would turn the market around in 2 weeks while the betting services slowly builds and gains momentum towards the end of 2014.
BossBee
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August 05, 2014, 06:26:16 AM
 #7952

Betting needs to stretch way beyond star-craft and doda. A relatively infinitesimal small group of people play these games let alone have even heard of them. Betting needs to expand to more house hold names like call of duty and the ps and xbox networks. . Sports as well.

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bigc1984
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August 05, 2014, 06:29:41 AM
 #7953

what happened with few bets? coins didn't get back.

no idea. betting has never worked for me
jc12345
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August 05, 2014, 06:35:01 AM
 #7954

Betting needs to stretch way beyond star-craft and doda. A relatively infinitesimal small group of people play these games let alone have even heard of them. Betting needs to expand to more house hold names like call of duty and the ps and xbox networks. . Sports as well.

Exactly and should form part of the strategy to increase demand.
wakeupcall
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August 05, 2014, 09:14:43 AM
 #7955

The tournament went well I would say. Some of the games were great. Betting worked fine most of the time. At the beginning I had problems with automatic refreshing of the betting UI. Although everyone else was betting, I couldn't (http://imgur.com/0WplH1R, http://imgur.com/nkZyWxB), needless to say I wasn't the only one who had this problem. Strangely it started to work after several manual refreshes and worked without problems until the end of the tournament. Second problem was that I bet in one of the mini rounds, my bet wasn't matched (0 MIN bet on the opposite side) and still the coins didn't return to my wallet. Regarding mini rounds I think they were too short, taking into account how many ppl participated in betting - it often happened, that there were unmatched bets.

I wouldn't say, betting needs to stretch outside of SC2/DotA. But it definitely needs to stretch outside of Bitcointalk. As I said in one of my earlier posts, almost no one is using Minerals, only traders/miners and these ppl are not the main group of ppl Minerals should be focusing on. One of the highest priorities of the dev team should be attracting more SC2/DotA players, streamers, watchers. There're great reserves in that regard. I also think that the stream betting on bet.minerals.pro has far better potential then the tournaments.

Btw. if you want new users to engage in betting during the relatively short event such as the tournament, you have to offer a wallet which doesn't have to download the whole blockchain on first start, like Electrum (electrum.org). Otherwise the initial sync will take forever.

wakeupcall
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August 05, 2014, 09:54:36 AM
 #7956

Btw.#2 There are at least three different links to the Windows wallet. Would be nice to offer only one definitive link. Also consider hosting wallets directly on Github (via releases), downloads from Mega, Dropbox etc. don't look trustworthy at all.

shanecoins
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August 05, 2014, 09:56:38 AM
 #7957

Here we go!

http://www.morningminerals.com/?p=430

Fresh from nightly writing Wink
I'll check it again and eventually rewrite it if there's too much errors (it's 2:40 AM here).
Feedback is welcome Smiley

And Minerals, MineralsPR, CrayonSC2 and other people involved, thank so much for this fantastic tournament. I really enjoyed it!

Nice going with the tournament today. I can see that the dev team put in a lot of effort to make sure everything went smooth and worked well. I was impressed. Well done.
+1
shanecoins
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August 05, 2014, 10:13:46 AM
 #7958

Here we go!

http://www.morningminerals.com/?p=430

Fresh from nightly writing Wink
I'll check it again and eventually rewrite it if there's too much errors (it's 2:40 AM here).
Feedback is welcome Smiley

And Minerals, MineralsPR, CrayonSC2 and other people involved, thank so much for this fantastic tournament. I really enjoyed it!

Nice going with the tournament today. I can see that the dev team put in a lot of effort to make sure everything went smooth and worked well. I was impressed. Well done.
+1

this is just the start of something big, forget the price for now, lots of development going on, when people start to understand the concept of minerals  there will be a new gold rush, bitcoin did not catch on over night
Hoshimaru
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August 05, 2014, 10:19:04 AM
 #7959

We got an awesome kickass tournament, yet look at those dumps :/
It's almost a free giveaway.


Tam222
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August 05, 2014, 10:27:30 AM
 #7960

The only thing I can think of is that someone must've expected Min to jump x10 or something, and when it didn't they changed to ride another train.


MIN - MCfYhe84Sos6fsLt2SwNrZ9EAwhPaTonu8  
BTC - 1DqDrHQB8x5Hh1mf1yHaUV2etRCdSbmPXB
GPC - LNVkXdNM4CpmgKAJaHh4BPiN15xdWL3Y1E
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