[ANN] MonetaryUnit [MUE] - POS. MasterNodes. Funding. Governance. Services. Devs

[bizzyb]

To be honest I am not very sure what to make of the big increase in volume and the almost total lack of price movement.

Bittrex shows a low of 59 and a high of 82 which is pretty good movement really, 39%.

Funny thing is you can look at nearly every crypto with significant volume and there is next to zero price movement.

Hopefully these are good signs towards more exposure for the project.

[1714938041]

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[1714938041]

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[1714938041]

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[bizzyb]

Just a reminder about www.BitcoinPrizeDraw.com

44% of tickets sold, buy yours now using MUE and win Bitcoin prizes

https://mue.bitcoinprizedraw.com/

[bizzyb]

I notice several users still using the outdated Android wallet.

Please update asap to avoid coin loss, plus it has added security & functionality.

The latest version is v0.4.0.5

[motherfucker123]

Crypto is so boring lately. It's like all the pumpers retired at the same time.

[motherfucker123]

bizzyb, did you dump already and leave? rofl

[Abiky]

Crypto is so boring lately. It's like all the pumpers retired at the same time.

I have been wondering the same thing lately. These days have been real slow for crypto in regards to drastic price movements. Most of the alts are in price decline, while others remain stable. Also, BTC price has been stable around $420 - $430. I just hope that one day BTC would reach $1000 and make a positive effect for other alts as well.

As for MUE, I think that one day it would reach $0.01 per MUE as long as it keeps up with promised developments and innovation. As a result of this, more investors o pumpers will get in and drive the price all the way to the moon. 

[SwedishGirl]

Crypto is so boring lately. It's like all the pumpers retired at the same time.

I have been wondering the same thing lately. These days have been real slow for crypto in regards to drastic price movements. Most of the alts are in price decline, while others remain stable. Also, BTC price has been stable around $420 - $430. I just hope that one day BTC would reach $1000 and make a positive effect for other alts as well.

As for MUE, I think that one day it would reach $0.01 per MUE as long as it keeps up with promised developments and innovation. As a result of this, more investors o pumpers will get in and drive the price all the way to the moon. 

Well, if you believe that BTC will rise to $1000 isn't it better to hold BTC than alts?

[bizzyb]

Wondering whether we should/could discuss the way block rewards are paid out.

I quite like the way DASH has been set up.
Each block reward is shared by the miner, full nodes, and some is kept to go towards development etc

I think this is a sustainable long term model, one that was not available to me at the time I commissioned the work to be done.
Thoughts?

[SwedishGirl]

Wondering whether we should/could discuss the way block rewards are paid out.

I quite like the way DASH has been set up.
Each block reward is shared by the miner, full nodes, and some is kept to go towards development etc

I think this is a sustainable long term model, one that was not available to me at the time I commissioned the work to be done.
Thoughts?

So effectively you plan to reduce the rewards that the miners are getting? I believe it is too late for that. This is not the spark that the coin needs at the moment. If you want more coins, you can pretty much buy as much as you want for nothing on the open market. What part of the block rewards are you going to send to the development fund in order to make it meaningful?

The biggest problem of this coin is the very tiny marketcap which is the result of lack of interest from buyers and the constant inflation from miners.

The best thing could be to cut the supply and mining all together and go full POS wtih very low rewards. This should give the coin some momentum, which you can use to launch your new projects and build up on the hype.

Anyway, something needs to be done as there is a lot of competition and you can't just sit and watch.

[bizzyb]

Wondering whether we should/could discuss the way block rewards are paid out.

I quite like the way DASH has been set up.
Each block reward is shared by the miner, full nodes, and some is kept to go towards development etc

I think this is a sustainable long term model, one that was not available to me at the time I commissioned the work to be done.
Thoughts?

So effectively you plan to reduce the rewards that the miners are getting? I believe it is too late for that. This is not the spark that the coin needs at the moment. If you want more coins, you can pretty much buy as much as you want for nothing on the open market. What part of the block rewards are you going to send to the development fund in order to make it meaningful?

The biggest problem of this coin is the very tiny marketcap which is the result of lack of interest from buyers and the constant inflation from miners.

The best thing could be to cut the supply and mining all together and go full POS wtih very low rewards. This should give the coin some momentum, which you can use to launch your new projects and build up on the hype.

Anyway, something needs to be done as there is a lot of competition and you can't just sit and watch.

Thanks for taking the time to engage.

"go full POS wtih very low rewards" - This is everything I don't want to do tbh, it's also a huge amount of ammo for fud/scam accusations based on the current distribution, which wouldn't be eroded as inflation would be significantly reduced.

I like the idea of new comers being able to be rewarded, but not having to use a high spec PC or GPU.  Nodes could be a raspberry pi for example, which is attainable for a much larger group of people than a high spec CPU/GPU.

I don't have a "fixed" idea and I/we are open to any feedback.

[SwedishGirl]

Wondering whether we should/could discuss the way block rewards are paid out.

I quite like the way DASH has been set up.
Each block reward is shared by the miner, full nodes, and some is kept to go towards development etc

I think this is a sustainable long term model, one that was not available to me at the time I commissioned the work to be done.
Thoughts?

So effectively you plan to reduce the rewards that the miners are getting? I believe it is too late for that. This is not the spark that the coin needs at the moment. If you want more coins, you can pretty much buy as much as you want for nothing on the open market. What part of the block rewards are you going to send to the development fund in order to make it meaningful?

The biggest problem of this coin is the very tiny marketcap which is the result of lack of interest from buyers and the constant inflation from miners.

The best thing could be to cut the supply and mining all together and go full POS wtih very low rewards. This should give the coin some momentum, which you can use to launch your new projects and build up on the hype.

Anyway, something needs to be done as there is a lot of competition and you can't just sit and watch.

Thanks for taking the time to engage.

"go full POS wtih very low rewards" - This is everything I don't want to do tbh, it's also a huge amount of ammo for fud/scam accusations based on the current distribution, which wouldn't be eroded as inflation would be significantly reduced.

I like the idea of new comers being able to be rewarded, but not having to use a high spec PC or GPU.  Nodes could be a raspberry pi for example, which is attainable for a much larger group of people than a high spec CPU/GPU.

I don't have a "fixed" idea and I/we are open to any feedback.

Let's be honest, 99.999% of the human population would never mine a cryptocurrency, however the percentage of the people who will buy one is much larger. The newcomers that you are concerned with should be the investors and not the miners. Anyway, I am too blond to engage in lengthy discussions.

[bizzyb]

Wondering whether we should/could discuss the way block rewards are paid out.

I quite like the way DASH has been set up.
Each block reward is shared by the miner, full nodes, and some is kept to go towards development etc

I think this is a sustainable long term model, one that was not available to me at the time I commissioned the work to be done.
Thoughts?

So effectively you plan to reduce the rewards that the miners are getting? I believe it is too late for that. This is not the spark that the coin needs at the moment. If you want more coins, you can pretty much buy as much as you want for nothing on the open market. What part of the block rewards are you going to send to the development fund in order to make it meaningful?

The biggest problem of this coin is the very tiny marketcap which is the result of lack of interest from buyers and the constant inflation from miners.

The best thing could be to cut the supply and mining all together and go full POS wtih very low rewards. This should give the coin some momentum, which you can use to launch your new projects and build up on the hype.

Anyway, something needs to be done as there is a lot of competition and you can't just sit and watch.

Thanks for taking the time to engage.

"go full POS wtih very low rewards" - This is everything I don't want to do tbh, it's also a huge amount of ammo for fud/scam accusations based on the current distribution, which wouldn't be eroded as inflation would be significantly reduced.

I like the idea of new comers being able to be rewarded, but not having to use a high spec PC or GPU.  Nodes could be a raspberry pi for example, which is attainable for a much larger group of people than a high spec CPU/GPU.

I don't have a "fixed" idea and I/we are open to any feedback.

Let's be honest, 99.999% of the human population would never mine a cryptocurrency, however the percentage of the people who will buy one is much larger. The newcomers that you are concerned with should be the investors and not the miners. Anyway, I am too blond to engage in lengthy discussions.

Fair point.
I quite like the "middle ground" offered by the hybrid pow/pos of decred.

[Abiky]

Crypto is so boring lately. It's like all the pumpers retired at the same time.

I have been wondering the same thing lately. These days have been real slow for crypto in regards to drastic price movements. Most of the alts are in price decline, while others remain stable. Also, BTC price has been stable around $420 - $430. I just hope that one day BTC would reach $1000 and make a positive effect for other alts as well.

As for MUE, I think that one day it would reach $0.01 per MUE as long as it keeps up with promised developments and innovation. As a result of this, more investors o pumpers will get in and drive the price all the way to the moon. 

Well, if you believe that BTC will rise to $1000 isn't it better to hold BTC than alts?

Of course. I hold BTC myself, but it would not be bad to diversify your investments into other alts as well, and in case the price of that alt coin goes up I will benefit from that as well. That is why instead of putting all my investments into Bitcoin, I spread it into other alt coins such as MUE.

I have the hope that MUE will turn out to be a big success and that my investment would've been worth it. 

[OKtoshi]

MUE added to ROKOS website: https://twitter.com/AltcoinOfficial/status/723302623072391168

[SwedishGirl]

MUE added to ROKOS website: https://twitter.com/AltcoinOfficial/status/723302623072391168

Why is this important? I can see it having zero effect on the price.

[jioy]

MUE added to ROKOS website: https://twitter.com/AltcoinOfficial/status/723302623072391168

thank u for ur good news

[Abiky]

MUE added to ROKOS website: https://twitter.com/AltcoinOfficial/status/723302623072391168

Why is this important? I can see it having zero effect on the price.

The price hasn't moved that much, but look in the bright side....you'll be able to set up a MUE node nice and easily from within ROKOS Raspberry Pi distro. Maybe soon MUE will get the attention it deserves. 

[bizzyb]

MUE added to ROKOS website: https://twitter.com/AltcoinOfficial/status/723302623072391168

This is great, thank you.
Looking forward to the pi3 software, though my gathering dust pi2's ought to get plugged in

[bizzyb]

MUE added to ROKOS website: https://twitter.com/AltcoinOfficial/status/723302623072391168

Why is this important? I can see it having zero effect on the price.

Feel free to make suggestions on what will affect price.

[fedmahnkassad]

What about we do some signature campaign giveaways? Coins like Espers get a lot of followers by ensuring a wider distribution.