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Quote from: FreeTrade on January 19, 2014, 07:05:28 pmAll this was discussed in the open before the launch of the coin -https://bitcointalk.org/index.php?topic=267522.msg3555889#msg3555889Everyone was free to participate in MC1 and the discussion leading up to MC2.If you own a time machine, yes everyone would have been free to participate. Fortunately or unfortunately, not everyone was around for Memorycoin 1. Had I not been part of PTS, I would not be here now. That's beside the point. Another deflection.Anyone's absence to memorycoin 1 and discussions is no excuse for what you did during memorycoin 2. I don't remember reading that you planned on giving yourself over 20% or the entire pre-mine and then announce you will hold 2 positions that are voted in based on coin counts per address. Yes, the voting we knew about, but the advantage you held over everyone, we did not know about. And we had to pry it out if you a month into the coin. How did you figure contribution worth? Why did you give multiple addresses your earned coin? Why not give all your earned coin to one address? I can think of only one reason for this, you were trying to hide how much coin you were giving yourself. Go ahead and correct me if I am wrong.We could go on and on.
All this was discussed in the open before the launch of the coin -https://bitcointalk.org/index.php?topic=267522.msg3555889#msg3555889Everyone was free to participate in MC1 and the discussion leading up to MC2.
dilute anyone who wasn't voting, or just voting to share the grants out amongst the winning voters. So the fork rewarded people who were really engaged and trying to make the project work, but still kept balances for everyone.
Quote from: bppsp1 on January 19, 2014, 06:21:48 pmI have no issue if he outright earned the coins but whats been said is that he simply gave himself the coins and later when he got caught made it public.The problem is that you shouldn't listen to "what's been said" and check the facts.He didn't gave himself the coin out of thin air.He got the coin from his mining of memorycoin 1.0 as every other miner did. (and Protoshare to, for more detail read my post : https://bitsharestalk.org/index.php?topic=2124.msg26182#msg26182)And this was described in the coin announcement in plain sight !All the FUD around this is done buy a few people who want to grab the officer salary for themselves without contributing to the development of the coin, their last take was to ask FreeTrade to give his coin to them/everybody as a blessing for the coin...All the FUD has done is drop the price off MMC very low. Let's take that on the positive side and say it will allow redistribution of the coin, and allow some clever investor to come in at a cheap price. But this has to stop as all the info is out right now and not much to discuss about any more.
I have no issue if he outright earned the coins but whats been said is that he simply gave himself the coins and later when he got caught made it public.
Quote from: bppsp1 on January 19, 2014, 06:21:48 pmQuote from: barwizi on January 19, 2014, 06:15:58 pmQuote from: FreeTrade on January 19, 2014, 06:00:34 pmI think you guys are ignoring the answers that have already been provided -https://bitsharestalk.org/index.php?topic=2288.msg27422#msg27422There was nothing stopping you from participating in MemoryCoin 1 - people who did risked their time and effort and were rewarded for that. That's part of the culture we have here - developers and contributors are rewarded for their effort. Perfect answer. Not your fault people missed out. Developers aren't free workhorses.I have no issue if he outright earned the coins but whats been said is that he simply gave himself the coins and later when he got caught made it public.This is the problem that people are having with it. I do believe he deserves some form of payment for the time he puts in but what I think people see in what he did is similar to someone working at the Reserve bank and simply printing money for himself because he apparently deserves it and its his right as employer there to do it.There is proper ways of compensating hard work and from what I read this really doesn't seem like the proper way at all.I have helped develop coins, fix them and even have my own 0.001% of users ever really help the dev, most is just complaints. Mine was 0% premined yet people expected me to shell out my own funds to make their investments worth it. I FULLY SUPPORT DEVS ALLOCATING THEMSELVES A GOOD PORTION OF THE OVERALL. Let's not even begin to talk about how unique his ideas are.
Quote from: barwizi on January 19, 2014, 06:15:58 pmQuote from: FreeTrade on January 19, 2014, 06:00:34 pmI think you guys are ignoring the answers that have already been provided -https://bitsharestalk.org/index.php?topic=2288.msg27422#msg27422There was nothing stopping you from participating in MemoryCoin 1 - people who did risked their time and effort and were rewarded for that. That's part of the culture we have here - developers and contributors are rewarded for their effort. Perfect answer. Not your fault people missed out. Developers aren't free workhorses.I have no issue if he outright earned the coins but whats been said is that he simply gave himself the coins and later when he got caught made it public.This is the problem that people are having with it. I do believe he deserves some form of payment for the time he puts in but what I think people see in what he did is similar to someone working at the Reserve bank and simply printing money for himself because he apparently deserves it and its his right as employer there to do it.There is proper ways of compensating hard work and from what I read this really doesn't seem like the proper way at all.
Quote from: FreeTrade on January 19, 2014, 06:00:34 pmI think you guys are ignoring the answers that have already been provided -https://bitsharestalk.org/index.php?topic=2288.msg27422#msg27422There was nothing stopping you from participating in MemoryCoin 1 - people who did risked their time and effort and were rewarded for that. That's part of the culture we have here - developers and contributors are rewarded for their effort. Perfect answer. Not your fault people missed out. Developers aren't free workhorses.
I think you guys are ignoring the answers that have already been provided -https://bitsharestalk.org/index.php?topic=2288.msg27422#msg27422There was nothing stopping you from participating in MemoryCoin 1 - people who did risked their time and effort and were rewarded for that. That's part of the culture we have here - developers and contributors are rewarded for their effort.
QuotePersonally I think this could all be taken care by simply splitting all the premine coins he allocated to himself across all network generated addresses equally. Sure some coins would go to non-used wallets and effectively end up in /dev/null but this way he would distance himself completely from what seems to be a big issue and causing unneccesary friction.This is in essence what I was trying to do with the paid positions. Split them up amongst the people who voted. I also did this with the few elections we won.In the end, it doesn't really matter. In a year from now the same people will be in the same positions having done very little to make the coin prosper all while the price continues to fall and buyers continue to disappear.It was/is a good concept, just poorly executed. With out the pre-mine, this would've been a successful coin. Memorycoin 3.0 anyone. I am predicting it here first.
Personally I think this could all be taken care by simply splitting all the premine coins he allocated to himself across all network generated addresses equally. Sure some coins would go to non-used wallets and effectively end up in /dev/null but this way he would distance himself completely from what seems to be a big issue and causing unneccesary friction.
The successor to Bitcoin needs 2 things...1. Central Bank proof mining (Central banks may already control >51% of Bitcoin hashing power.)2. Central Bank proof developers (See Mike joining circle to sit with Goldman Sachs.) The closest coin I've come across so far is memorycoin 2.0 they have a constant commitment to keeping mining decentralised and voting system that allows compromised developers to be replaced.Unfortunately there's a bit of pre-mine scandal re: that coin, so personally I can't see the vision of Satoshi being transferred to something built on a questionable foundation, but I do think the coin that takes over from Bitcoin will have a lot of those features.
I am a bit late to the whole premine controversy but can someone just sum it up for me. Did freetrade only get 160 000 MMC and thats causing all this fuss ?Look at the shit thats called Ripple with a few billion effective premine and central authority and backed by google, it is doing reasonably well and everyone is losing their fucking toys over 160 000 / $32000 worth of premine coins ?If all this chaos is only because of voting power I guess there is some reason for it but still overcoming the 160k vote is fairly easy combining just a few big miners coin votes.Please correct me if I am wrong or inform me of the actual total premine in case it is much higher than that.
fork all the balances from the old coin, but dilute anyone who wasn't voting, or just voting to share the grants out amongst the winning voters. So the fork rewarded people who were really engaged and trying to make the project work, but still kept balances for everyone.
There's seems to be a really bad vibe with MemoryCoin2.Any interesting features are overshadowed by rumors of corruption. And the air isn't cleared.Bad community = no interest for me. I can go back to XPM or PTS.Best luck!
A lot of fud is spread at the moment, but I'm optimistic that the facts speak for themselves and the haters will give up soon.The market was crashed by someone selling about 25k coins at once a few days ago. Plus, regarding profitability we're still ahead of scrypt coins for GPU miners, and they tend to sell fast. Price will recover soon, and with the fast decline of the block reward we can expect a bright future
It's unfortunate FreeTrade would rather let this unknown pre-mine hang over the head of his currency than demonstrate a little transparency.
The idea behind the coin is fantastic, really! But look at it like this... you life in a country where some dictator says; we have a democracy and people are free to vote!! But behind the scenes there is one absolute power that overrules all votes and only organizes elections to give a fake feeling to the people that they actually have a choice... There are still many countries in the world where this happens
and if i get it right this is the opposite of why crypto's are invented. Makes sense right? In the first place it was a big mistake to gave the votes power by how many coins they are backed. I think this was perfectly thought of before it was implemented.... How can you create a fair democratic coin if only the rich have power?
Quote from: stickhead on January 11, 2014, 03:31:39 amJeeez what a soap story this coin... It's a shame this happens on the bitsharestalk board and it only hurts the good reputation of Invictus. If this coin was honest all this drama never happened!! Sorry to say but this coin is doomed and can never be used for a honest voting system after all what happened... What goes around comes around!? Maybe launch GreedCoin where MMC2 will be included in the genesis block... I think this name fits a whole bunch off people involved with MMCI had nothing to do with 1.0, protoshares and was not included in the genesis block either? I think it has potential, I believe freetrade will disperse the coins he gave himself to those who create things for the coin.For example he gave 5000 coins to the people who created the optimized miner
Jeeez what a soap story this coin... It's a shame this happens on the bitsharestalk board and it only hurts the good reputation of Invictus. If this coin was honest all this drama never happened!! Sorry to say but this coin is doomed and can never be used for a honest voting system after all what happened... What goes around comes around!? Maybe launch GreedCoin where MMC2 will be included in the genesis block... I think this name fits a whole bunch off people involved with MMC
Quote from: phrozenspite on January 10, 2014, 07:06:03 pmWell there is the whole issue of 40k coins from the MCF that he was using to vote for himself before we pointed that out. [...]both voted for you, newmine would've won otherwise.There are a number of other votes where the deciding support is from the MCF funds. It's obvious why you're not opposed though. You never mentioned that you regard the MCF funds voting for other officers to be a problem too. The discussion was about him voting for himself.
Well there is the whole issue of 40k coins from the MCF that he was using to vote for himself before we pointed that out. [...]both voted for you, newmine would've won otherwise.There are a number of other votes where the deciding support is from the MCF funds. It's obvious why you're not opposed though.
Quote from: SlyWax on January 10, 2014, 03:23:37 pmYou want to know how much MMC coin freetrade hold on block 1, it's easy :- He is holding the memorycoin 1.0 he mined (converted to MMC on block one) as everybody else !This is usually private information and we generally didn't expect people to disclose it even coin dev.- He is holding the memorycoin 1.0 he won from grant (converted to MMC on block one) as everybody who won grant !This is public information, and you can find it in the blockchain from memorycoin 1.0- He is holding the memorycoin 1.0 he won from MemoryCoinFondation grant (converted to MMC on block one) !This is public information, and he should use it to fund some bounty for MMC, since he was just the manager of MemoryCoinFondation.- He is holding Protoshare he mined (converted 10% to MMC on block one) as everybody else !This is usually private information and we generally didn't expect people to disclose it even coin dev.So you have your answers, make search for the ones that are public, or ask Freetrade if you are too lazy and he is willing to help someone that is spreading FUD.But don't expect the private info to be released, even thou you could grasp some on the blockchain if you take some time instead of trolling.I wasn't going to post on this issue anymore, but GD, you guys just don't seem to see the forest through the trees.MMC is based upon elected paid positions and being GPU resistant. This is what was to separate it from other alts. GPU resistant failed, but that is not the issue I have.The elections being based on the number of MMC is where I take issue.FreeTrade has given himself a lot of coin from the pre-mine. MCF was to get the only non diluted cut of the pre-mine. MCF seems to have ~40k coins. If you look at the genesis block you will see 2 addresses that received ~80k coins each. Since no PTS holder could've been holding 10x 80k coins as it was not possible, it is safe to say those coins went to memorycoin 1 contributors. FreeTrade being the creator of memorycoin 1 most likely would grant himself the largest share of the contributors. 80,000 coins is more than 10% of the pre-mine alone. If FreeTrade holds this coin it compromised the integrity of the elections from day 1. These holdings made FreeTrades election undisputed and guaranteed. Guaranteed until the GPU aspect failed and some large players stepped in. Had FreeTrades plan worked, the coin would have held off the GPU miners and FreeTrade's seat would have never been challenged as a CPU coin. This all the while the 2 positions he held kept paying more and more coin. (Yes, he only holds one now, most likely due to my original concerns and him trying to distance himself from the issue).I think in the interest of the coin FreeTrade should only divulge what coin he was awarded from block 1. Or he should take his coin and step out of the position and not use his votes for a replacement. This way you will all know what the elections are really about: are they for the Coin or are they for Freetrade's wallet?Side note- I thought it was quite interesting that bytemaster came forward seeming to distance himself from FreeTrade. Maybe bad blood, nonetheless interesting though.https://bitsharestalk.org/index.php?topic=2047.msg24598#msg24598
You want to know how much MMC coin freetrade hold on block 1, it's easy :- He is holding the memorycoin 1.0 he mined (converted to MMC on block one) as everybody else !This is usually private information and we generally didn't expect people to disclose it even coin dev.- He is holding the memorycoin 1.0 he won from grant (converted to MMC on block one) as everybody who won grant !This is public information, and you can find it in the blockchain from memorycoin 1.0- He is holding the memorycoin 1.0 he won from MemoryCoinFondation grant (converted to MMC on block one) !This is public information, and he should use it to fund some bounty for MMC, since he was just the manager of MemoryCoinFondation.- He is holding Protoshare he mined (converted 10% to MMC on block one) as everybody else !This is usually private information and we generally didn't expect people to disclose it even coin dev.So you have your answers, make search for the ones that are public, or ask Freetrade if you are too lazy and he is willing to help someone that is spreading FUD.But don't expect the private info to be released, even thou you could grasp some on the blockchain if you take some time instead of trolling.
He, and several of the officers here would have lost their seats already if it wasn't for his backing from the foundation
Quote from: NewMine on January 10, 2014, 05:50:27 pmMMC is based upon elected paid positions and being GPU resistant. This is what was to separate it from other alts. MMC elected positions is still unique as an altcoin. Many positions have changed hands through voting, and the amount of work that has been put into this coin in such a small amount of time has been astounding. All of this work would not have happened without the incentive of paid positions. 1% of the coin for each position does seem high. .5% or .25% would be more reasonable. If you're getting 575+ coins a day for your position, you can still make off decently selling right away. Now, hopefully, the officers realize the potential of the coin, and realize that the current price of $0.25 is not much compared to the $1-2 per coin in the near future. However, a few may be willing to simply sell right away. Freetrade being CEO is fine. He created the coin, why shouldn't he in one of the officers to promote the coin?About being GPU resistant, sure that surprised me. However, it's not that crazy, it terms of advantage. Even in the current state, my 7950 gets 13 hpm (overclocked 1050/1450), while my 3770k i7 gets 3.3 hpm (not overclocked). That's about a 4x increase using GPU. However, a 7950 is also more expensive to buy, and uses over double the power. Plus, yvg1900's optimized mmcminer is rumored to increase a CPU's hpm by 3x (thus a 3770k would give you 10hpm). The beta version of this miner is already out in private testing. This will equalize CPU/GPU mining, until a more optimized GPU comes out.
MMC is based upon elected paid positions and being GPU resistant. This is what was to separate it from other alts.
He did that, i think it's his right to do it, and it didn't change anything regarding the outcomes.And with that the issue is done for me. Lost enough time on it I could have used for much more reasonable tasks.
We all were defeated from block 1. This is what you don't get.
The only thing bm says in this posting is that FT wasn't interested in continuing his work for 3I, because he had other plans. And that he couldn't change his mind by offering a paycheck.He promised MemoryCoin beta participants to continue working on it, and he fulfilled that promise.Now about the numbers: If he was holding 80k coins from start, that's about 10% of the premine. While his vote counted a lot (as it should in the beginning imo), it never was like he could decide alone.You tried hard convincing the community to vote him out. You failed. And not because he is holding too many coins, but because a lot of people seem not to mind, what tells me they feel like he's doing a good job.Accept your defeat, leave us alone. It's getting absurd.
Quote from: SlyWax on January 10, 2014, 03:23:37 pmYou want to know how much MMC coin freetrade hold on block 1, it's easy :- He is holding the memorycoin 1.0 he mined (converted to MMC on block one) as everybody else !This is usually private information and we generally didn't expect people to disclose it even coin dev.- He is holding the memorycoin 1.0 he won from grant (converted to MMC on block one) as everybody who won grant !This is public information, and you can find it in the blockchain from memorycoin 1.0- He is holding the memorycoin 1.0 he won from MemoryCoinFondation grant (converted to MMC on block one) !This is public information, and he should use it to fund some bounty for MMC, since he was just the manager of MemoryCoinFondation.- He is holding Protoshare he mined (converted 10% to MMC on block one) as everybody else !This is usually private information and we generally didn't expect people to disclose it even coin dev.So you have your answers, make search for the ones that are public, or ask Freetrade if you are too lazy and he is willing to help someone that is spreading FUD.But don't expect the private info to be released, even thou you could grasp some on the blockchain if you take some time instead of trolling.Um, there's the problem, people have asked FreeTrade multiple times and he refuses to answer
Opening again.
Send 1 satoshi to MVTEceo1111111111111111111111TvNrt to fire FreeTrade as CEO and advertise the position as available.I must admit, it is a strange role to be CEO of a distributed autonomous corporation, and not one I'm entirely comfortable with. I'm wondering if I'm a liability in that position now. I'm more comfortable with a technical role, but stepped aside from that to bring more talented devs on board.Anyway, I think we're doing great - we've got a great dev and support team, and lots of competition for the CMO position.Whatever happens with the CEO role, I plan to continue working as a dev and where-ever else I can be useful so long as we're working to further the MemoryCoin Manifesto.
Quote from: FreeTrade on January 08, 2014, 06:57:28 amIt doesn't matter what I say, this topic is never going to go away - I'm just not engaging with it anymore.As for you NewMine, I think you're ideologically opposed to what we're trying to do here, and I don't trust you at all. You'll be back with another name in no time at all.Thanks for the answer!
It doesn't matter what I say, this topic is never going to go away - I'm just not engaging with it anymore.As for you NewMine, I think you're ideologically opposed to what we're trying to do here, and I don't trust you at all. You'll be back with another name in no time at all.
So Freetrade, now that you cleaned out my posts from other threads and compiled them here, do you have any intention of answering?
Quote from: AdamBLevine on January 07, 2014, 03:54:41 amYou gave yourself hundreds of thousands of coins and you can't be bothered to develop without a constant stream of pay?Again, don't believe everything you read in an internet forum. Sure I have coins from MC1 and the ProtoShares distribution, but it's not hundreds of thousands of coins - suggest you check your sources before repeating them.
You gave yourself hundreds of thousands of coins and you can't be bothered to develop without a constant stream of pay?
Quote from: AdamBLevine on January 07, 2014, 04:55:07 amYou're totally right - How many MMC were assigned to addresses you directly or indirectly control, in the genesis block? I believe you are the only one who can answer this and it seems like a vitally important transparency issue given this directly impacts voting and you've already shown that you've got no problem voting with a block of 40k because heck, didn't think it would be a conflict of interest to vote for yourself when you gave yourself coins for free!That's been pointed out to above, acknowledged as a mistake and corrected. Its disappointing that you just repeat it without acknowledging the steps taken to correct it. As for specific balances, I'm not getting into that, because it would never end, and I'm entitled to the same privacy as any other shareholders. I suggest you track down satoshi and ask him the same question.
You're totally right - How many MMC were assigned to addresses you directly or indirectly control, in the genesis block? I believe you are the only one who can answer this and it seems like a vitally important transparency issue given this directly impacts voting and you've already shown that you've got no problem voting with a block of 40k because heck, didn't think it would be a conflict of interest to vote for yourself when you gave yourself coins for free!
Lets assume you spent 1 month of full time work adapting Protoshares (which you were paid to develop) to MemoryCoin. What do you think is a reasonable amount to pay you for that time in US dollar terms. What would be a compelling US dollar amount worth of pay be to convince you to give support to your project for say, a year?
Quote from: isaacgoldbourne on January 07, 2014, 07:42:59 pmAdam, I don't think you understand how this works. You mention people getting paid 1000s of bitcoins a year assuming a price of 0.2btc each but by that point the payout will be far lower. Instead of trying to be productive you just moan on the forums without making any serious proposals.Says a guy in one of the elected paid positions.Quote from: emre on January 07, 2014, 07:45:56 pmQuote from: isaacgoldbourne on January 07, 2014, 07:42:59 pmInstead of trying to be productive you just moan on the forums without making any serious proposals.a huge on that.Says another guy in one of the elected paid positions.
Adam, I don't think you understand how this works. You mention people getting paid 1000s of bitcoins a year assuming a price of 0.2btc each but by that point the payout will be far lower. Instead of trying to be productive you just moan on the forums without making any serious proposals.
Quote from: isaacgoldbourne on January 07, 2014, 07:42:59 pmInstead of trying to be productive you just moan on the forums without making any serious proposals.a huge on that.
Instead of trying to be productive you just moan on the forums without making any serious proposals.
Quote from: AdamBLevine on January 07, 2014, 07:56:01 pmQuote from: isaacgoldbourne on January 07, 2014, 07:42:59 pmAdam, I don't think you understand how this works. You mention people getting paid 1000s of bitcoins a year assuming a price of 0.2btc each but by that point the payout will be far lower. Instead of trying to be productive you just moan on the forums without making any serious proposals.I provided a range with the pay at current prices relative to the pay at higher MMC prices. Point was, it's a pretty good job considering you don't have to do anything because there is no way to quality control the work before you've paid the applicant in advance quite well. And I did not talk about that in this thread, please try to stay on topic. Here the questions are very clear - How many MMC did FreeTrade give himself in the Genesis block, how much is a month of his time working on a project that is close to his heart worth, and what would it cost for the community to secure his development services for a year. As has been discussed before, the last time he abandoned a coin, you know, MemoryCoin 1, it was after being ousted by coinholders and the coin then died. His stance about MemoryCoin 2 (thats the coin you've got now) is that he'll develop so long as he is the CEO and wants to. If at any point for any reason he stops believing in the project, he'll think about leaving. If you're comfortable with that kind of situation this seems like the coin for you. Meanwhile, they are real questions that deserve real answers and I'm still waiting.From what I have found by searching addresses freetrade has approx 80,000 MMC, not that unreasonable as far as I am concerned.No applicants so far have elected just because of their promises, they have all done something already to deserve that position.
Quote from: isaacgoldbourne on January 07, 2014, 07:42:59 pmAdam, I don't think you understand how this works. You mention people getting paid 1000s of bitcoins a year assuming a price of 0.2btc each but by that point the payout will be far lower. Instead of trying to be productive you just moan on the forums without making any serious proposals.I provided a range with the pay at current prices relative to the pay at higher MMC prices. Point was, it's a pretty good job considering you don't have to do anything because there is no way to quality control the work before you've paid the applicant in advance quite well. And I did not talk about that in this thread, please try to stay on topic. Here the questions are very clear - How many MMC did FreeTrade give himself in the Genesis block, how much is a month of his time working on a project that is close to his heart worth, and what would it cost for the community to secure his development services for a year. As has been discussed before, the last time he abandoned a coin, you know, MemoryCoin 1, it was after being ousted by coinholders and the coin then died. His stance about MemoryCoin 2 (thats the coin you've got now) is that he'll develop so long as he is the CEO and wants to. If at any point for any reason he stops believing in the project, he'll think about leaving. If you're comfortable with that kind of situation this seems like the coin for you. Meanwhile, they are real questions that deserve real answers and I'm still waiting.
Quote from: FreeTrade on January 07, 2014, 04:34:23 amWhen I'm removed as CEO, as will happen sooner or later, I'll have to decide carefully whether its worth my while volunteering efforts in an emeritus role. It'll depend on the new CEO and team and whether they're leading in the right direction. That's the price - a project that I believe in.
When I'm removed as CEO, as will happen sooner or later, I'll have to decide carefully whether its worth my while volunteering efforts in an emeritus role. It'll depend on the new CEO and team and whether they're leading in the right direction. That's the price - a project that I believe in.
Try to stay on topic please Adam. I've responded to your questions already - please don't try to take every thread off topic because you're not getting what you want.
Quote from: FreeTrade on January 07, 2014, 07:07:48 pmI've noticed a correlation between Newmine winning votes and price decreases.The value recovers somewhat when useful candidates win the positions back, but not quite as much as the drop.Looks like we've got some serious CMO contenders - hopefully an active CMO can help the market value of the coin.So to translate this, it's not your fault, you didn't mean to do it (vote with 40k premined coins), you'll never do it again, and you're not willing to disclose how many MMC you gave yourself in the Genesis Block of memorycoin 2, or what a year of support from you for your project would cost. I've asked literally four times and you have yet to do anything but quote yourself saying if you were voted out as CEO you would quit unless you decided it was really worth it. Here it is one more time since you seem to keep losing track of my questions.Quote from: AdamBLevine on January 07, 2014, 05:01:58 pm If the only price is a project you believe in, are you willing to put all your how about just 75% MMC into development bounties paid to other developers in exchange for a guarantee you'll be able to guide the coin as you see fit? Somehow I think the speculative upside has your attention too.It would be great if you addressed the parts that actually matter instead of just responding to semantics. Quote from: AdamBLevine on January 07, 2014, 01:39:34 pm Lets assume you spent 1 month of full time work adapting Protoshares (which you were paid to develop) to MemoryCoin. What do you think is a reasonable amount to pay you for that time in US dollar terms. What would be a compelling US dollar amount worth of pay be to convince you to give support to your project for say, a year? and are you really comparing yourself to Satoshi with regards to holdings? He could easily answer this question, he did not give himself any advantage or number of Bitcoins in the Genesis block of Bitcoin. That is not true of MemoryCoin, and yes you gave some of those coins to other people but many of them went to you or addresses you control. To be clear, you are not willing to publicly share how many MemoryCoins you gave yourself in the Genesis Block of Memorycoin?
I've noticed a correlation between Newmine winning votes and price decreases.The value recovers somewhat when useful candidates win the positions back, but not quite as much as the drop.Looks like we've got some serious CMO contenders - hopefully an active CMO can help the market value of the coin.
If the only price is a project you believe in, are you willing to put all your how about just 75% MMC into development bounties paid to other developers in exchange for a guarantee you'll be able to guide the coin as you see fit? Somehow I think the speculative upside has your attention too.It would be great if you addressed the parts that actually matter instead of just responding to semantics. Quote from: AdamBLevine on January 07, 2014, 01:39:34 pm Lets assume you spent 1 month of full time work adapting Protoshares (which you were paid to develop) to MemoryCoin. What do you think is a reasonable amount to pay you for that time in US dollar terms. What would be a compelling US dollar amount worth of pay be to convince you to give support to your project for say, a year? and are you really comparing yourself to Satoshi with regards to holdings? He could easily answer this question, he did not give himself any advantage or number of Bitcoins in the Genesis block of Bitcoin. That is not true of MemoryCoin, and yes you gave some of those coins to other people but many of them went to you or addresses you control. To be clear, you are not willing to publicly share how many MemoryCoins you gave yourself in the Genesis Block of Memorycoin?
Lets assume you spent 1 month of full time work adapting Protoshares (which you were paid to develop) to MemoryCoin. What do you think is a reasonable amount to pay you for that time in US dollar terms. What would be a compelling US dollar amount worth of pay be to convince you to give support to your project for say, a year? and are you really comparing yourself to Satoshi with regards to holdings? He could easily answer this question, he did not give himself any advantage or number of Bitcoins in the Genesis block of Bitcoin. That is not true of MemoryCoin, and yes you gave some of those coins to other people but many of them went to you or addresses you control. To be clear, you are not willing to publicly share how many MemoryCoins you gave yourself in the Genesis Block of Memorycoin?