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

[Mue]

We have increased the prize fund and the number of prizes on offer for our Bitcoin Prize Draw.
Details here > https://bitcointalk.org/index.php?topic=857407.msg9741165#msg9741165

[theboccet]

HELLO MUE COMMUNITY

The super reward block of this week will be this block “the block n° 297000″

who will mine it will receive 5000 MUE on his mining address.

thank you for being in MUE community

feel free to visit blockolotto(dot)com to further informations

[tacee]

price is so low,the premined coin takes 500 days to mine,why we mine this coin??

Well spotted.  You are right, the pre-mine was intentionally huge.
But also, have you noticed that 25% of the pre-mine has already been used & distributed, and every day more and more is given away to promote the coin and increase adoption.
And also, in those 4 short months since launch so much work has been done to improve sites & services?
Just read the ANN, it is a veritable feast of services, options, sites, wallets, resources etc etc
And yes, the price is very low at the moment, and I think, in 2 weeks or so when we hit the max block reward the coin can really start to gain traction and slowly head towards my target price of around $0.005-$0.01.
So, the question is why AREN'T you mining and buying this coin

If the price is around  $0.005-$0.01,I guess the Dev must be  the first one to dump his huge number (4000,0000 MUE) of coins.

[Mue]

price is so low,the premined coin takes 500 days to mine,why we mine this coin??

Well spotted.  You are right, the pre-mine was intentionally huge.
But also, have you noticed that 25% of the pre-mine has already been used & distributed, and every day more and more is given away to promote the coin and increase adoption.
And also, in those 4 short months since launch so much work has been done to improve sites & services?
Just read the ANN, it is a veritable feast of services, options, sites, wallets, resources etc etc
And yes, the price is very low at the moment, and I think, in 2 weeks or so when we hit the max block reward the coin can really start to gain traction and slowly head towards my target price of around $0.005-$0.01.
So, the question is why AREN'T you mining and buying this coin

If the price is around  $0.005-$0.01,I guess the Dev must be  the first one to dump his huge number (4000,0000 MUE) of coins.

Thanks for your 5 second researched opinion.

10 million of the 40 million has already been distributed, and continues to be distributed on a daily basis.
To achieve the target price, will require a significant effort to distribute the remaining coins, so to achieve the price target would negate the "dump" scenario you are suggesting as the pre-mine would no longer exist.
Also, the 40 MUE per block reward kicking in in a matter of days will create 86,400 MUE per day, creating over 2.5M coins per month.
Whilst I respect you have the right to an opinion, in this instance I do not give it any weight or value.
If you have some constructive intelligent comment to make, I am more than willing to discuss.

[upgradeadvice]

I'm idling #MonetaryUnit on freenode if anyone wants in. Maybe we can throw in a tipbot or something.

Thanks for that.
Do you want me to look into getting a tipbot set up?

I had one running but the drive holding the chains died. I should have it back up in a few hours.

If you want I can send you 20K MUE, and perhaps any new users of that channel you could send them 200 MUE?
Having an IRC channel is great, and is something I wish I had the time to monitor/maintain, but I know I don't have that time so I never set it up.
I can add to the OP?

IRC Channel: irc.freenode.net #MonetaryUnit (webchat)


The tipbot (MoneTipUnit)(source) is mostly ready. The commands are a little different as I've added code to get the current MUE value from Cryptonator and Bleutrade.

MUE Commands:

Code:

!diff - displays the current network difficulty
!block - displays the current network block
!bleutrade - displays the current Bleutrade Coin Price/Volume
!cryptonator - displays the current Cryptonator Coin Price/Volume

Tipbot Commands:

Code:

!balance - displays your current wallet balance
!address - displays MonetaryUnit address where you can send your funds to the tip bot
!withdraw <MonetaryUnit address> - withdraws your whole wallet balance to specified address
!tip <nick> <amount> - sends the specified amount of MonetaryUnit to the specified nickname
!rain <amount> [max] - splits amount coins between max users or the whole channel

Donate MUE to the tipbot: 7KH24riTteGrZNecbBaaxHYZJdsGQH51Rg

[Mue]

I'm idling #MonetaryUnit on freenode if anyone wants in. Maybe we can throw in a tipbot or something.

Thanks for that.
Do you want me to look into getting a tipbot set up?

I had one running but the drive holding the chains died. I should have it back up in a few hours.

If you want I can send you 20K MUE, and perhaps any new users of that channel you could send them 200 MUE?
Having an IRC channel is great, and is something I wish I had the time to monitor/maintain, but I know I don't have that time so I never set it up.
I can add to the OP?

IRC Channel: irc.freenode.net #MonetaryUnit (webchat)


The tipbot (MoneTipUnit)(source) is mostly ready. The commands are a little different as I've added code to get the current MUE value from Cryptonator and Bleutrade.

MUE Commands:

Code:

!diff - displays the current network difficulty
!block - displays the current network block
!bleutrade - displays the current Bleutrade Coin Price/Volume
!cryptonator - displays the current Cryptonator Coin Price/Volume

Tipbot Commands:

Code:

!balance - displays your current wallet balance
!address - displays MonetaryUnit address where you can send your funds to the tip bot
!withdraw <MonetaryUnit address> - withdraws your whole wallet balance to specified address
!tip <nick> <amount> - sends the specified amount of MonetaryUnit to the specified nickname
!rain <amount> [max] - splits amount coins between max users or the whole channel

Donate MUE to the tipbot: 7KH24riTteGrZNecbBaaxHYZJdsGQH51Rg

Awesome work, thank you very much.
I have sent 50k over to the tipbot wallet.
Please let me have your wallet address and I will send you MUE also, to cover the time and effort you've put in for this.
I've updated the OP and attributed the work to you.
Thanks again!

[Mue]

Just doing some final testing on the in-wallet pool mining function

[theboccet]

Just doing some final testing on the in-wallet pool mining function

great job MUE !!!!
i also announced the results of the DRAW3 of this week on blockolotto and sent the prizes to the winners.
good luck!!!

[Mue]

Just doing some final testing on the in-wallet pool mining function

great job MUE !!!!
i also announced the results of the DRAW3 of this week on blockolotto and sent the prizes to the winners.
good luck!!!

Cool, thanks for your continued support theboccet

[Mue]

Just wanted to let you know the www.BlockOLottO.com prize reward has been increased from 5000 MUE per week to 100,000 MUE per week!
The fact is, without miners, this coin is nothing, so not only do I want to attract more miners to the network, obviously I want to reward the existing miners
The thread link is https://bitcointalk.org/index.php?topic=871903

[qun_sha]

many miners are scared away by the huge amount of premined coin(40 million)

[Mue]

many miners are scared away by the huge amount of premined coin(40 million)

I do get that to a certain extent, however if you look at the pre-mine balance you can see a commitment to spending and distributing the pre-mine to aid coin adoption and service improvement.
Nearly 35% of the pre-mine is already spent!
Also having this pre-mine fast tracks our market capitalisation by over a year, as that is how long it would take to mine those coins.
It allows give aways such as BlockOLottO, fast tracked our listings onto the exchanges etc etc
There are and will continue to be huge benefits to a well managed and good intentioned pre-mine.
My actions and intentions have been, and will continue to be ethical and in the best interests of the coin and the community.  This is what the coin stands for.
Over time more people will be drawn to this coin for those reasons and more, and we will go from strength to strength

[theboccet]

HELLO MUE COMMUNITY

The super reward block of this week will be “the block n° 320000″

the block reward will increase to 40MUE per block!!!

We also increased the value of the reward to an amazing 100.000 MUE

good luck miners!!

thank you for being in MUE community

[qun_sha]

HELLO MUE COMMUNITY

The super reward block of this week will be “the block n° 320000″

the block reward will increase to 40MUE per block!!!

We also increased the value of the reward to an amazing 100.000 MUE

good luck miners!!

thank you for being in MUE community

value of the reward to an amazing 100.000 MUE??? what do you mean??? 

[Mue]

value of the reward to an amazing 100.000 MUE??? what do you mean??? 

Just a typo, should read 100,000
The thread is located here https://bitcointalk.org/index.php?topic=871903

[Mue]

Vote for MonetaryUnit on these exchanges please
BTER - https://bter.com/voting
C-CEX - https://c-cex.com/?id=vote

[cyptohunter]

Vote for MonetaryUnit on these exchanges please
BTER - https://bter.com/voting
C-CEX - https://c-cex.com/?id=vote

vote casted on c-cex,
I can't vote on bter,it costs BTR to vote.

[Mue]

Vote for MonetaryUnit on these exchanges please
BTER - https://bter.com/voting
C-CEX - https://c-cex.com/?id=vote

vote casted on c-cex,
I can't vote on bter,it costs BTR to vote.

Thank you

[theboccet]

Vote for MonetaryUnit on these exchanges please
BTER - https://bter.com/voting
C-CEX - https://c-cex.com/?id=vote

vote casted on c-cex,
I can't vote on bter,it costs BTR to vote.

voted on c-cex but it's hard on bter!! i have only 10BTQ

[Mue]

Vote for MonetaryUnit on these exchanges please
BTER - https://bter.com/voting
C-CEX - https://c-cex.com/?id=vote

vote casted on c-cex,
I can't vote on bter,it costs BTR to vote.

voted on c-cex but it's hard on bter!! i have only 10BTQ

Thanks theboccet, yeah bter do it a different way to many of the exchanges.
At least we have the option though, unlike some of the exchanges who don't offer any kind of mechanism to vote.
All good though