[ANN][MIN] Minerals - POS | Developing own anon solution |

[chanz]

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.

Seems like we pick up a little but it still it's going the other way -9.68 down. What is going on 

[jc12345]

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.

Seems like we pick up a little but it still it's going the other way -9.68 down. What is going on 

Read my previous post.

[tdenchev]

You guys are doing a great job and don't get me wrong but you really need to stop making spelling mistakes. I understand that English is not a native language for most of us, but at least spell-check in Word or Google or whatever online dictionary you can find. You can't have a reputable betting site and probably one of the main sections, if not the main one of the site to be named AQUIRE MINERALS instead of ACQUIRE MINERALS (regardless if the link is working or not).

Please pay more attention to detail as this seems totally unprofessional and looks like some things are just put together to make it work. I like you and all and I'm not being a wise-ass - consider this as a constructive criticism.

[MineralsPR]

You guys are doing a great job and don't get me wrong but you really need to stop making spelling mistakes. I understand that English is not a native language for most of us, but at least spell-check in Word or Google or whatever online dictionary you can find. You can't have a reputable betting site and probably one of the main sections, if not the main one of the site to be named AQUIRE MINERALS instead of ACQUIRE MINERALS (regardless if the link is working or not).

Please pay more attention to detail as this seems totally unprofessional and looks like some things are just put together to make it work. I like you and all and I'm not being a wise-ass - consider this as a constructive criticism.

Got it!

[Gambiman]

I'm sad I could'nt attend the tournament.. Are there any VoD?

[Hoshimaru]

I'm sad I could'nt attend the tournament.. Are there any VoD?

I recorded the finals. It's on my blog atm. Waiting for the official high quality video from Droopytown to replace it

[Bojcha]

So sad. If something does not change very soon...

[litecoinbeast]

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

Almost a little to obvious.

[litecoinbeast]

Don't let these negative Nellies get to you Dev team et al. Rome Wasn't built in a day. Give the word some time to get passed around. Tweak the betting some more. Maybe get a top you tuber give minerals a shout out if possible.

[Tam222]

Don't let these negative Nellies get to you Dev team et al. Rome Wasn't built in a day. Give the word some time to get passed around. Tweak the betting some more. Maybe get a top you tuber give minerals a shout out if possible.

I was just about to post something of similar vein. Heads up. Let the impatients leave, Rome was not built in a day as litecoinbeast states.
Last nights tournament finale showed me the potential of this coin. Yes price moving up is what we all want, but forever being fixated on price distracts from the true goal.

Lets move along, whats next Dev's?  

Out of interest, do we have any figures of how many MIN were given away to new users or how many wallets were downloaded this weekend?

[Hoshimaru]

At these rates I ought to buy more, but cannot do as I please ^^'
All my BTC is locked in orders or stored in other altcoins :<

[sdersdf2]

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.

This is an exceptionally clear and cogent overview - many, many thanks.

[yuhang87412533]

Developers, what is the next step plan.

[MineralsPR]

Developers, what is the next step plan.

We are debating between anonimity and redesign.

[ChaseT]

anon is better than redesign for sure

[MineralsPR]

anon is better than redesign for sure

That is maybe not so obvious from our perspective. We have pretty fresh idea of anonymity,  and currently consulting about the possibility of  its implementation. I hope in a day or two we will be ready to announce it, or to drop it.

[jc12345]

anon is better than redesign for sure

It would mean a lot to the players and winners of the tournaments where there are Minerals prizes if the coins are worth 10k than 1k. A higher price will also attract many more players and in turn many more spectators and in turn a higher volume and turnover on the betting services.

[Tam222]

anon is better than redesign for sure

That is maybe not so obvious from our perspective. We have pretty fresh idea of anonymity,  and currently consulting about the possibility of  its implementation. I hope in a day or two we will be ready to announce it, or to drop it.

You know MineralsPR, I like you a lot. You talk a lot of sense and don't get drawn in too emotionally.

One day we'll all sit back and wonder what all the fuss was about 

[fonzie]

I have been buying big time in the last days! 1000000 already belong to me!  

[chinchs]

I have been buying big time in the last days! 1000000 already belong to me!  

Be careful, holding too many coins (and shout it out loud), can be dangerous, many investors can be afraid of a massive dump from you, and if this doesn't turn out well you may lose a lot of money. So if you are not trying to FUD, you should think about this (don't get me wrong, i'm not against holding coins).