Post
Topic
Board Announcements (Altcoins)
Re: [ANN] MonetaryUnit [MUE] Quark based, CPU mining, faucet, explorer, pool, wallet
by
bizzyb
on 04/01/2016, 09:30:13 UTC
Part of the reason for the price drop is from auto-dumping from yaamp clones and the like. I believe one way to combat this is to mine another coin and request payouts in MUE.


That could be done as well, but maybe I could add this feature to the cloud mining service that I am working on. Users will get the chance to mine other alts as well as Bitcoin and have the ability to request payout either in MUE or BTC. If payout is requested in MUE, there would be no withdrawal fees, but if done with BTC there will be very minimal fees.

Is it a good idea?  Roll Eyes
It might be something to look at in the future?
If I was doing this project I would start with straight MUE mining and develop it from there.
Try and keep it as simple as possible initially, gain the experience and market exposure and develop from there would be my suggestion.
This is your project of course, however from my experience, the more cogs in a wheel the more chances that wheel might get stuck and stop moving Smiley

I guess you are right mate! I will just focus on MUE mining only and after some time of being successful with the project, I will then consider adding this feature to the MUECloud. Hope this next year could bring a solid community and development to MonetaryUnit.  Smiley
If we focus on creating an environment for MUE that people will want to be involved with, rather than hoping people will come, or marketing to them asking them to come, then we can build a long term sustainable project.

If we back this up with a "profitable" portfolio of products to support the price, again, this will bring long term sustainable success e.g
www.CoinPon.com
www.MUEcloud.xyz
www.CryptoCoinMarketCap.com
MUElend loans and savings services
"secret project" by Roslinpl (hopefully launching end of Q1 2016)

With the right mentality and people any crypto project "could" be successful, but they are few and far between, and most are involved for short term gain with little substance.

We can do it a different way Smiley