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Author Topic: [ANN] MonetaryUnit [MUE] - POS. MasterNodes. Funding. Governance. Services. Devs  (Read 450729 times)
newmz
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March 29, 2017, 02:07:43 AM
 #2541

Apologies for the video quality.

A thank you to every single person, for anything you have done to make MUE what it is right now.

Here's to the future

https://youtu.be/cSrwDyQcazg

I appreciate the video - I have been mining MUE with a little Baikal mini ASIC for a while now.

I have a question though, and I hope this doesn't sound disrespectful, but....

If you are changing to X11 and masternodes, wont that make MUE just a young clone of Dash? Dash has seen great success because it is pretty much what BTC was supposed to be, and it's already really well established and has a huge market cap and community. I also see PIVX doing something similar - but it just looks like a drive to get investors to buy up for MNs to me. Everyone knows that if you had bought into a Dash masternode when Dash was below $10 you would be VERY happy right now, so I think many people will think - "maybe if I get in while it's cheap it'll be a money making machine". Doesn't Dash already have this covered?

I guess what I'm asking is - what makes MUE different/better/more viable than Dash? What does it offer that Dash doesn't already have covered?

edit: also I forgot to ask - is there an official date for the swap/fork to X11?

Crypto currency enthusiast and miner since 2015. Mined approx 200 ETH during 2016 and 2017 and sold it at approximately $US40 each. Then I watched it reach $1000+ each. If anyone bothers to read this stuff pay attention to this: HODL HODL HODL HODL HODL HODL

I started mining with 1 AMD 7950 and 1 R9-280X. Then I gradually built my AMD operation into 12 R9-290s. Awesome ETH hash but ridiculous power consumption and heat. Over the last year I defected to the Nvidia team. I now use GTX 1070s. They were expensive to buy (probably a bargain now) but awesome hash rate vs. power consumption. blah blah blah blah
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March 29, 2017, 02:27:23 AM
 #2542

I've updated our MasterNode ROI spreadsheet with some daily $ payout projections.

It's pretty interesting reading Smiley

https://docs.google.com/spreadsheets/d/14AVDtxfYAnIVtzbCSONO5MBQ948eVCcGChUcmpPBGWA/edit?usp=sharing

It is quite interesting, indeed. The ROI results are impressive, and I believe that the more MUE rises in price, the better your returns will be. As MUE is about to migrate into X11 with masternodes, there seems to be a huge interest into the cryptocurrency lately.

Hopefully, it would gather more attention from outside investors and make MUE rise in popularity and market cap. If all goes successful, I'd say that MUE could easily rise between the top 10 - 20 altcoins. I'm being very optimistic here, but in crypto land anything could happen.

Looking forward from more exciting updates from MUE! Can't wait for the swapping process to begin! I'm anxious to try out the masternodes feature on MUE.  Roll Eyes

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March 29, 2017, 03:24:34 AM
 #2543

As long as trolls keep playing with MUE like they're doing right now it isn't going to do shit.  Is it the bag holder or just some douche playing with ppl's emotions. 

Whoever invents the first facepunch app will be a billionaire

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March 29, 2017, 07:54:38 AM
 #2544

Apologies for the video quality.

A thank you to every single person, for anything you have done to make MUE what it is right now.

Here's to the future

https://youtu.be/cSrwDyQcazg

I appreciate the video - I have been mining MUE with a little Baikal mini ASIC for a while now.

I have a question though, and I hope this doesn't sound disrespectful, but....

If you are changing to X11 and masternodes, wont that make MUE just a young clone of Dash? Dash has seen great success because it is pretty much what BTC was supposed to be, and it's already really well established and has a huge market cap and community. I also see PIVX doing something similar - but it just looks like a drive to get investors to buy up for MNs to me. Everyone knows that if you had bought into a Dash masternode when Dash was below $10 you would be VERY happy right now, so I think many people will think - "maybe if I get in while it's cheap it'll be a money making machine". Doesn't Dash already have this covered?

I guess what I'm asking is - what makes MUE different/better/more viable than Dash? What does it offer that Dash doesn't already have covered?

edit: also I forgot to ask - is there an official date for the swap/fork to X11?
Got to love those Baikal minis - I have one at home too.

Re code migration.
In simple terms you are right.  Our migration does make us a "cheap" Dash, and that has attracted interest to MUE.
Our plan is pretty simple though.

We migrate to an already tried & tested, well developed & continually maintained code base i.e Dash.
That way we know we have the technicals totally covered.  i.e The wallet is rock solid, the governance is rock solid, the sustainability is rock solid.

That means 99% of the headaches are sorted for us, and 99% of the resources are already provided by a 3rd party.
What does that mean for us?  We can concentrate on adding the ecosystem & services that leverage that proven system and allow us to develop around the wallet.

We can concentrate on bringing new people to MUE with the many services & apps we have in the pipeline.
We can concentrate on creating the revenue generating services that will increase demand and adoption of MUE.
Where a coin "doing its own thing" with the wallet might spend 50% of its budget on wallet developers, we can spend 50% of our budget on creating more value for MUE.

So while we may be looking like a "cheap Dash", in fact, with what we have planned, we are a very cheap MUE Smiley

No official date for migration, first we do the public beta testing.

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March 29, 2017, 09:42:23 AM
 #2545

A good response bizzyb, because, yes, MUE will indeed be a Dash clone initially with it's strengths and features. We take this codebase and give it the MUE touch of orange and from there create a self sustaining model to hire more people to the project and develop new platforms and services for MUE.

A coin project without services or use isn't really a monetary unit, it is just a speculative asset, we hope for MUE to be much more than that! Smiley
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March 29, 2017, 09:53:04 AM
 #2546

Will the coin supply really get to 4,000,000,000 ? :O
Just keep it low please Grin makes the price higher Tongue
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March 29, 2017, 09:55:09 AM
 #2547

Anyone here mining with a baikal mini miner at pool.weminemue.com with sgminer/5.5.0-b version?
My quadruple are with sgminer/4.9.3 version and they do well. but my one mini with higher version always disconnects after a few minutes.

Is it a poolproblem or is something wrong with my one mini? X11 mining dash works without issues.

BR

Noone any idea?
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March 29, 2017, 11:07:04 AM
 #2548

Anyone here mining with a baikal mini miner at pool.weminemue.com with sgminer/5.5.0-b version?
My quadruple are with sgminer/4.9.3 version and they do well. but my one mini with higher version always disconnects after a few minutes.

Is it a poolproblem or is something wrong with my one mini? X11 mining dash works without issues.

BR

Noone any idea?
No sorry.
My Baikal mini has been hashing away fine for months, so it sounds like an issue with your Baikal maybe, just with the Quark algo?
Difficult to say...

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March 29, 2017, 11:09:36 AM
 #2549

Anyone here mining with a baikal mini miner at pool.weminemue.com with sgminer/5.5.0-b version?
My quadruple are with sgminer/4.9.3 version and they do well. but my one mini with higher version always disconnects after a few minutes.

Is it a poolproblem or is something wrong with my one mini? X11 mining dash works without issues.

BR

Noone any idea?
No sorry.
My Baikal mini has been hashing away fine for months, so it sounds like an issue with your Baikal maybe, just with the Quark algo?
Difficult to say...

with wich sgminer version?
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March 29, 2017, 11:18:56 AM
 #2550

Will the coin supply really get to 4,000,000,000 ? :O
Just keep it low please Grin makes the price higher Tongue
0.00003 x 4.000.000.000= 120000BTC marketcap Grin
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March 29, 2017, 12:28:48 PM
 #2551

so will X11 be ready before 50k sat or after?! What do you think?

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March 29, 2017, 01:01:18 PM
 #2552

so will X11 be ready before 50k sat or after?! What do you think?



Well.... we are currently doing some small internal testing and we can start a little larger scale testing soon(TM). Will the X11 launch take place before the price climbs another 16x? I would say that is a safe bet, a price incline that fast is unlikely as we haven't released anything yet.  Wink
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March 29, 2017, 01:14:55 PM
 #2553

so will X11 be ready before 50k sat or after?! What do you think?



Well.... we are currently doing some small internal testing and we can start a little larger scale testing soon(TM). Will the X11 launch take place before the price climbs another 16x? I would say that is a safe bet, a price incline that fast is unlikely as we haven't released anything yet.  Wink

you made more than you may imagine. With all the features that will be available in the future there is no way that MUE will be less than 100k sat or even much much more
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March 29, 2017, 01:34:57 PM
 #2554

so will X11 be ready before 50k sat or after?! What do you think?



Well.... we are currently doing some small internal testing and we can start a little larger scale testing soon(TM). Will the X11 launch take place before the price climbs another 16x? I would say that is a safe bet, a price incline that fast is unlikely as we haven't released anything yet.  Wink

you made more than you may imagine. With all the features that will be available in the future there is no way that MUE will be less than 100k sat or even much much more

That's what we are all hoping for, but it's hard to predict the future.
We just passed 4 M in coin market cap:

Market Cap
$4,017,047
3,816 BTC
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March 29, 2017, 01:49:23 PM
 #2555

so will X11 be ready before 50k sat or after?! What do you think?



Well.... we are currently doing some small internal testing and we can start a little larger scale testing soon(TM). Will the X11 launch take place before the price climbs another 16x? I would say that is a safe bet, a price incline that fast is unlikely as we haven't released anything yet.  Wink

you made more than you may imagine. With all the features that will be available in the future there is no way that MUE will be less than 100k sat or even much much more

50k price in current scenario can be explained easy. Most of crypto projects started from promises and hype around what it can, just imagine e.t.c. MUE was in development for 2.5 years, like Augur it already have product for future development. This already created main goal for new Market Cap increase. Today in a world of block chain projects I can see that without real product or great idea that you release in code (not just promises and ico) , you will NOT get people attention.
Good development for team. IMHO 10k price will be ease barrier 
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March 30, 2017, 02:50:01 AM
 #2556

I am new to the MUE but I am loving it so far. Wow 500K MUE for a masternode is a bit steep but hey it is what it is and I am accumulating this coin because I like where its going! X11 baby!


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March 30, 2017, 06:59:15 AM
 #2557

Hi guys.Why are my Baikals stop working after 1-2hours in the pool - pool.weminemue.com. After the restart of the Baikal, they continue to work again 1-2h
Now after the restart there is no connection...
update - only after any resets starting again.
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March 30, 2017, 07:14:00 AM
 #2558

Hi guys.Why are my Baikals stop working after 1-2hours in the pool - pool.weminemue.com. After the restart of the Baikal, they continue to work again 1-2h
Now after the restart there is no connection...
update - only after any resets starting again.

what sgminer version?
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March 30, 2017, 07:15:47 AM
 #2559

sgminer/5.5.1-b
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March 30, 2017, 07:22:56 AM
 #2560

sgminer/5.5.1-b


same prob here....
with quadruple and sgminer version 4.9.3 no probs...

So, MUE Team is it a thing with the pool then?
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