it looks like the original DEV bailed as soon as things started to go bad yet again it will be the users that lose out while the DEV goes and makes yet another coin

Any news from PMC faucet dev? about when will PMC faucet active again?
a lot of my friends asking that and i can't answer them because i don't know
it is the only way we can get PMC for free, beside giveaway surely

We can do a PMC faucet here:

http://altcoinfaucet.net/

Looks pretty basic....

I do think we need to do something.
Right now we are just a poorly distributed BTC cloan with low mining rewards. We need to do something to stick out. We are supposed to be the BTC of the future, so lets find some way of testing out what BTC could eventually face in the future.

We tested out what happens when the coin is completely mined, and we found a bug.

We want to test out if a coin is sustainable running off only tx fees, but we need people to buy, and trade PMC for this to work.

The only way we can get people to buy/ trade pmc is by building up some interest by doing something unique.

Whether its PMC2, a 51% attack on a LIVE coin and not a testnet, or implementing different theoretical coin changes before anyone else does, something needs to happen. Lets get a plan going, and a schedule!

I'd like to get credits input in on this? I love the idea of being a testing ground for different experiments like this.
For us to do it we need to notify exchanges, and all members first, and to choose a block to fork back to to prevent any loss of coins from anyone.
As long as the dev is on board, and all parties are given ample notice, this will bring a ton of exposure to PMC!

Ya'll see this?

http://pastebin.com/cYYZwXEW

XL was an overkill

yeah i saw that what a dishonest exchange

Interesting article..

http://www.technologyreview.com/news/525676/academics-spy-weaknesses-in-bitcoins-foundations/

I'm working on an update to the PMC Android Wallet.

The new version will have the option to import a private key by scanning (or pasting/entering) a private key. This is especially useful to redeem a paper wallet (ex: http://Preminer.com) or to use a vanity address.
BIP38-encrypted keys are supported, so any private key QR Code shown on a Paper Wallet can be scanned.

Disadvantages are:
- The whole blockchain must be reset. And it takes several minutes to re-download.
- Decrypting a BIP38 key takes about 30 seconds on an Xperia Z. It may take a long time on low-end devices.

Besides that, it's working OK. In a future version I'll try to improve these points. But I'm not sure it's even possible.

This is a new feature, not present in the original Bitcoin Wallet, so it needs to be deeply tested.

Tests should include:
- Importing a normal private key.
- Importing a BIP38-encrypted private key, which can be generated here.
- Trying to import an invalid key, or using an incorrect password.
- Verifying the funds of the imported address appear and can be spent.
- Overall checking.
- Suggestions to make it more user friendly.

If you have an Android device and can help me testing it, please PM me. If you don't have any PMC, I can send one to your paper wallet so you can test it.

Sorry for being blind but makes the site different for any other block explorer?

don't you think its better if our coins are traded only on a single exchange instead of many because the traders are spread thinly in different exchanges.

PMC isn't going anywhere. It will have its time to shine. 

From the premine facebook page:

Jack Stout
DiD you ever send coins?? wallet works fine now. many re-install's so check my name..not trying to double dip
16GvBs23ZSKvcqZ4vMSnhnHmMZEdFhqA4L Thanx

Can someone toss a few coins his way?

Credit last week was doing a private pool to mine PMC but i don't know how the works are going.

Probably we could set a bounty and make an offer for someone that will realize this multipool.

Good god...  RELAX.... it will be okay...
Poloniex is not the center of the world...
Keep grinding away....
PMC will survive...

The dev is gone, this coin is dead.

It seems like we have a lot of non-issues here.
The coin has done exactly what it was supposed to. It is not supposed to distribute any more coins after its initial distribution. We don't want an infinitely distributing coin (i.e. bitcoin will distribute for 100 years+). At some point it has to stop distributing to people for free.
It has achieved value now and that is the reward for holding on to it.

When we received PMC from initial distribution it was worthless.

If you give people a worthless amount of PMC today (i.e. 7 PMC) they cry and whine like that spyro bitch. "Your initial stake is now worth X dollars! Give me X dollars worth of PMC!" I'm sorry but thats not how the world works. That would be unsustainable. You weren't there at the initial distribution which was free and open to everyone and that is something that you will have to deal with. You don't go up to bitcoin millionaires and say "you mined thousands of BTC with your laptop! Give me some of those bitcoins!!", or maybe spyro is the kind of person to do that?

No one else is complaining about PMC distribution. You are validating his irrational concerns.


So with that being said, it does seem that the PMC distribution was too sudden. I will agree with this point.

PMC could have dragged out the distribution process. Better yet would have been to innovate or add something that people would use the coin for. If no one is sending pmc then no one can mine PMC. I don't believe creating a PMC2 is a good idea because it implies there is a problem with the original, when in fact it is functioning exactly as it was designed to.

Should we remake bitcoin into bitcoin2 so as to redistribute the coins more evenly? of course not.
Making fees mandatory is a great start. Creating some gambling sites would help. The multipool is proactive.
We need more ideas like this.

I've been compensated - I gave a discount because I like your coin and community! The more PMC I get, the more incentive I have to keep driving this coin to where it belongs!!!!

1D1abCHCSW1SuM1o63eJGATB4Rcaftg3ea

Thank you!!!

This link tells a little bit about me in the cryptoworld - also good for > 850 unique visitors...
http://www.cryptosandwich.com/1/post/2014/03/12-signs-that-youre-a-crypto-newbie-by-small-time-crypto-newbie-jds1000.html