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badykvik
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September 07, 2014, 01:28:57 PM |
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September giveaway is now live. Should be finished in a few hours.
Distribution works good. I received. |
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ObscureBean
Legendary
 Offline
Activity: 1148
Merit: 1000
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September 07, 2014, 01:40:38 PM |
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Yay!! Received my coins for this month, thanks Nullu! I'll keep on staking like a crazy person  @TMX I understand your reasoning regarding the exchange and I personally don't plan on selling my coins anytime soon but don't you think it's a little risky to have people accumulate so many coins for free through the giveaway? If we get on an exchange after all giveaways are completed, dumping could seriously damage our coin. I was thinking if we get on exchange now, you could then set some rules for existing stakeholders to qualify for future giveaways. Say like if they sell more than 20% of their stake, they are no longer eligible to receive further free coins. Something like that would mitigate dumping to some extent while allowing some coins to trickle into the market and reach non-stakeholders. Coins forfeited by dumpers could be put to better use, like promotions or getting new people in. I don't know it's just an idea, as I said I don't mind not having an exchange right now. Anyway thanks for all your hard work man and keep being awesome  |
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zhongfeng
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September 07, 2014, 01:41:29 PM |
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September giveaway is now live. Should be finished in a few hours.
thanks for giveaway. |
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amacar
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September 07, 2014, 01:57:26 PM |
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September giveaway is now live. Should be finished in a few hours.
Great, my wallet is open so I am waiting  A little late, but better late then never |
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Nullu
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September 07, 2014, 02:14:11 PM |
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Yay!! Received my coins for this month, thanks Nullu! I'll keep on staking like a crazy person @TMX I understand your reasoning regarding the exchange and I personally don't plan on selling my coins anytime soon but don't you think it's a little risky to have people accumulate so many coins for free through the giveaway? If we get on an exchange after all giveaways are completed, dumping could seriously damage our coin. I was thinking if we get on exchange now, you could then set some rules for existing stakeholders to qualify for future giveaways. Say like if they sell more than 20% of their stake, they are no longer eligible to receive further free coins. Something like that would mitigate dumping to some extent while allowing some coins to trickle into the market and reach non-stakeholders. Coins forfeited by dumpers could be put to better use, like promotions or getting new people in. I don't know it's just an idea, as I said I don't mind not having an exchange right now. Anyway thanks for all your hard work man and keep being awesome Well, on balance the amount you receive for staking is small, and it's rewarding miners who support the network. A problem a lot of POS coins have is that the moment they hit the exchange, the downward pressure of selling totally mitigates any rewards made from minting. It wipes it out entirely in a lot of cases. Your point would be valid if the staking amount was considerably higher than what it is. Whenever we hit an exchange, there will be those that will dump, however those who care little probably aren't thinking long term, so I doubt they're staking as much as the long term holders. Regardless of the coin, any coin distributed this way means that there will be a lot of coins potentially hitting the market. One way of possibly counteracting this is by checking the wallet addresses of every giveaway member, and anyone who has less than x% of stake left in their wallet would be excluding from the next round. |
BTC - 14kYyhhWZwSJFHAjNTtyhRVSu157nE92gF
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Nullu
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September 07, 2014, 03:18:08 PM |
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September giveaway is now complete.
Please do NOT post addresses in this thread. If you have any queries, email myself or TheMightyX.
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BTC - 14kYyhhWZwSJFHAjNTtyhRVSu157nE92gF
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edmundduke
Legendary
Offline
Activity: 1624
Merit: 1007
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September 07, 2014, 03:20:02 PM |
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Thank you! Received my coins, really happy about it! Right now my only problem is finding out how to get more PMP  I have done somu burning but PMC is so darn expensive |
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Nullu
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September 07, 2014, 03:22:52 PM |
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Thank you! Received my coins, really happy about it! Right now my only problem is finding out how to get more PMP I have done somu burning but PMC is so darn expensive Considering what PMC used to sell for, I think it's certainly a good way of getting in on PMP. Staking is the best method, right now. Once we hit exchange, I imagine that's when the feeding frenzy will happen, but until then, these are the two best options. |
BTC - 14kYyhhWZwSJFHAjNTtyhRVSu157nE92gF
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edmundduke
Legendary
Offline
Activity: 1624
Merit: 1007
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September 07, 2014, 05:22:08 PM |
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Thank you! Received my coins, really happy about it! Right now my only problem is finding out how to get more PMP I have done somu burning but PMC is so darn expensive Considering what PMC used to sell for, I think it's certainly a good way of getting in on PMP. Staking is the best method, right now. Once we hit exchange, I imagine that's when the feeding frenzy will happen, but until then, these are the two best options.  well true. Besides PMP seems to stake really well lately, i might get some more PMC to burn |
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Stinky_Pete
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September 07, 2014, 05:31:24 PM |
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Payment received, thank you.
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Nullu
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September 07, 2014, 06:44:32 PM |
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Thank you! Received my coins, really happy about it! Right now my only problem is finding out how to get more PMP I have done somu burning but PMC is so darn expensive Considering what PMC used to sell for, I think it's certainly a good way of getting in on PMP. Staking is the best method, right now. Once we hit exchange, I imagine that's when the feeding frenzy will happen, but until then, these are the two best options. well true. Besides PMP seems to stake really well lately, i might get some more PMC to burn Any increase in stake shares is going to be through a dip in network participation, so the more dedicated you are to supporting the network by minting, the more coins you'll receive. Those who were just looking to make a quick buck and have given up have lost out by not continuing to stake, and in that sense PMP is quite fair. |
BTC - 14kYyhhWZwSJFHAjNTtyhRVSu157nE92gF
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raveldoni
Sr. Member
Offline
Activity: 434
Merit: 250
🤖UBEX.COM 🤖
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September 08, 2014, 04:35:59 AM |
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Coins received, Thank you! Time to start minting more coins.
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yogibaer
Legendary
Offline
Activity: 1131
Merit: 1001
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September 10, 2014, 09:40:22 AM |
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The 2nd Giveaway Round went through smoothly!
Evereyone who is in the Giveaway does not need to register for the next rounds again. Everyone who is interested in entering the Giveaway this months, please check out the OP https://bitcointalk.org/index.php?topic=673760.0, download the PMP Wallet and send us your PMP address with a PM to PMPgiveaway. |
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uki
Legendary
Offline
Activity: 1358
Merit: 1000
cryptojunk bag holder
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September 10, 2014, 01:48:32 PM |
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In order to move things a little bit in this thread and deliver you some more PMP in addition to the regular monthly giveaway, we will have Proof-of-Action campaign starting this week. Check out our official Twitter profile for more details.
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tiggytomb
Legendary
Offline
Activity: 1848
Merit: 1000
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September 10, 2014, 08:12:18 PM |
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Coins received, good stuff devs
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tiger5056
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September 11, 2014, 02:01:26 AM |
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nice!
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bajing
Legendary
Offline
Activity: 1176
Merit: 1001
The most Professional Cryptocurrency Casino
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September 11, 2014, 05:26:10 AM |
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i like giveaway,wish me luck
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| FORTUNEJACK.COM | [ | 9 BTC WELCOME PACK FOR 1ST 5 DEPOSITS
FREE 1,000 mBTC daily for LuckyJack winners | [ | | ] |
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yogibaer
Legendary
Offline
Activity: 1131
Merit: 1001
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September 11, 2014, 06:23:12 AM |
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i like giveaway,wish me luck
You're welcome But for PMP Giveaway you don't need luck, once you're on the list you stay there until the last giveaway has been payed. There are 4 rounds ahead of us! Stay tuned! |
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uki
Legendary
Offline
Activity: 1358
Merit: 1000
cryptojunk bag holder
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September 11, 2014, 11:03:18 AM |
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i like giveaway,wish me luck
You're welcome But for PMP Giveaway you don't need luck, once you're on the list you stay there until the last giveaway has been payed. There are 4 rounds ahead of us! Stay tuned! And some extra coins to grab, starting from today. More details, just around the corner. |
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edmundduke
Legendary
Offline
Activity: 1624
Merit: 1007
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September 11, 2014, 11:15:29 AM |
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i like giveaway,wish me luck
You're welcome But for PMP Giveaway you don't need luck, once you're on the list you stay there until the last giveaway has been payed. There are 4 rounds ahead of us! Stay tuned! And some extra coins to grab, starting from today. More details, just around the corner. More PMP to grab ?! Im in! Ill keep the thread opened for some good news |
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