Bitcoin Forum

Who can explain me what really benefits have MintCoin on Blackoin. It's look like they are very similar, and difference between them only in number of coins and time of generation PoS blocks.

For me it's not so big differences.

Also I have few question:
1. Where I could look at when all coins will be generated with the current hash power of network?
2. Am I right understand that all blackcoins are already minned and now only time of PoS coin generation?

Mintcoin vs ECC

Blackcoin vs the big NXT

Price difference?
One is pure POS and one is hybrid POS/POW
Mintcoin started first?
Mintcoin has a much more active community
Mintcoin still has a large unspent premine to use for significant improvements.
Stake difference: 1% vs 30% decreasing
Coin life.
Mintcoin has a 4 x longer distribution time.

yes hashco.ws mined all the blackcoins in a week and now you must buy for 6000 satoshi. Nevermind that communities built in a week are just bagholders hoping to dump a little higher and the price has already been pumped up by whale bagholders and multipool hype. I'm sure it will just keep going up and up forever.

what..?

What do you mean by coin life?
Where I can look at coin distribution time?

Mintcoin started first?
What started 1st ?...
You know there are coins like PPC,Nova,HBN,BCX... POW/POS mint have just different parameters from them.

Mintcoin has a much more active community.
Relay i don't think so but all have their personal opinion...
I see many events around both coins.

Mintcoin still has a large unspent premine to use for significant improvements.
Hmm show that dev premined 700m wallet ^^ and how much is in it it should be simple.

Stake difference: 1% vs 20% decreasing
Just mean mint more produce new coins while BC is almost deflationary coin.

Coin life.
What please explain???

Mintcoin has a 4 x longer distribution time.
Sure but when you keep look closer then you can count that:
BC 100% distributed in 10day
Mint 63% distributed in 10day 37% in rest 25 ^^.

Main difference is economy BC is for holding in long run and is considering like store of value while Mint is for minitig new coins that is its green concept...

0% premine vs 4.5%(effective 1%pre +  POS 3.5%) ... 0% means all in hands of community while premine you mu trust and count on Dev mostly
But most successful coins are not premined note that Doge,LTC,Vtc...

For me if you are looking for store of value go BC if you are looking for green mining by Pos try Mint or ( HBN,Nova,BCX)

EBT started first

The best is EBT !

First Pow&Pos

Not PPC ? try check date of PPC and EBT ^^.
PPC is father for all POS/POW hibryds correct me if i am wrong.

>Coin life.
>What please explain???
I do not know what to understand by "Coin life". The time when it's alive or what?

Who can explain, if all coins are distributes in such small time (just 10-20 days) what is the reason of it's grow?

For example Litecoin and Bitcoin afaik as very-very far from end of finishing of it's mining, but mint and bc are already minned. Why it's grow?

1. Where I could look at when all coins will be generated with the current hash power of network?

Block explorer is the tool you needed.Try spot block difficulty.
BC had hash rate like 3GHS in 1st day...7 2nd..up up...50GHs 5day then down to 20-10 Ghs to the end...

2. Am I right understand that all blackcoins are already minned and now only time of PoS coin generation?

Yes new coins only from POS 1% annual.
Some inflation is needed to keep POS alive and pay people for runing PC in that year.
But innovation like bcmooltipool is mining other coins to buy you BC from market at lowest price.
Today BC need about 0.3BTC to buy all new coins and same time Mint 4BTC to buy all even BC price is higher.
BC 74m coins vs 70bln Mint.

So NXT,MSC,Ripple 100% premined coins collapse and die  in your theory but they are living and they will...
Preminig,IPO,Minig this is just only initial distribution people looking at community and they joining.
you know 1st BTC pizza was for 10000 BTC... it took time to divide that coins into new people.

People will sell on high and new people will buy on depth that is how those coins works even BTC,Mint or BC and NXT works same way.

Mint promotion point is green minig.
Bc promotion point is store wealth in it.

If someone need something like that then he will buy coins he needed.
Even 100% premine coins are growing look at NXT...this is happening.
POS needed community to expand that is all.

Mintcoin was premined and Blackcoin was instamined ... both have weaknesses.

It looks that the instamine though skewed the distribution pretty bad, as they only have
200+ users on reddit while mintcoin has over 800+, so mintcoin's community is 4 times bigger.

Current price BC ~ 7000 and Mint ~ 15, to double BC needs to go to 14000 and Mint only 30.
Much better chance to double your gains with Mint, since it has traded up to 60 sats before ... BC's high
was about 9300.

BC claims to be a store of wealth, Mintcoin pays you 20% interest to store your wealth, BC only 1% ...

 

What started 1st ?...
You know there are coins like PPC,Nova,HBN,BCX... POW/POS mint have just different parameters from them.

He asked for difference between bc and mint, just highlighting the differences. And of course I know that.


Mintcoin still has a large unspent premine to use for significant improvements.
Hmm show that dev premined 700m wallet ^^ and how much is in it it should be simple.


That may be difficult when they have been converted to Euros already for the mintfund ^^


Stake difference: 1% vs 20% decreasing[/size]
Just mean mint more produce new coins while BC is almost deflationary coin.


It just means mint produces less and less coins each year, like bitcoin, except in POS not POW.

Coin life.
What please explain???

Like I said, I was pointing to OP the differences in coins. Both coins have different lifespan, mintcoin life is expected to keeping minting for 40 years. Im not sure of blackcoin's lifespan.


BC 100% distributed in 10day
Mint 63% distributed in 10day 37% in rest 25 ^^.

yes, a different distribution model! One distributed in 10 days, one in 35!


Main difference is economy BC is for holding in long run and is considering like store of value while Mint is for minitig new coins that is its green concept...



what do you mean "economy BC holding for long run"? Do you not think mint people are holding for long run too? Your point here is moot.


0% premine vs 4.5%(effective 1%pre +  POS 3.5%) ... 0% means all in hands of community while premine you mu trust and count on Dev mostly
But most successful coins are not premined note that Doge,LTC,Vtc...


Its a shame you had to turn this into a dick measuring contest when all this was simply a compare and contrast post. You are mistaken the the Dev actually at mint has been quite straight forward and has not used the premine, but instead held it to create the mintfund, for quality bounties and the like. That's why mintcoin is alot more high quality than black, we had the coin to pay for it and we have alot more to use as time goes by.


For me if you are looking for store of value go BC if you are looking for green mining by Pos try Mint or ( HBN,Nova,BCX)



Store of value? What? That's simply just not true. These are both currency, and both have merchants. Both are invested in and the main difference in price is simply due to the fact that BC has less coins.

So who can explain why if Mint have few advantages BlackCoin price is growing much faster, while Mint was dumped? I am trying to understand the reasons of it.

Probably because somebody with over a million blackcoins been trying to keep the price sky high. Look at the charts high volume dumps and then immediate low volume pumps. Somebody proping BC up for now. Mint was already pumped and dumped and now is fairly stable currency and I think fairly priced. BC still a bit too high for what it really offers, I'll probably wait to buy my BC after some of the big bagholders crash it.

So Mint would rise only when developers will provide more services there it would be accept. If no, people would not have interest to buy it and price will not grow. Am I right understand the situation?

And are anybody think that Litecoin had success if it was totally minned one ago? I think no. Mining is give additional attention to coin. If all coins minned, people do not interest in it so much.

Crypto valuations are fundamentally based on innovation and scarcity. I believe BC current valuation compared to MINT has mostly to do with the latter. We aren't talking about companies with real assets and customers or fiat currency backed by GDP and guns. Any valuations ascribed to crypto, especially one without significant innovation is entirely speculative and highly subjective.

I'm sorry but this portion of what you said is flat out wrong. Crypto values are currently based almost 100% on trader manipulation behind the scenes, with the exception of MAYBE bitcoin and litecoin due to their age and comparative maturity (name recognition, merchant acceptance, etc) when compared to coins that have been out less than 6 months.

I agree most, if not all alt markets are highly manipulated. The same can be said about any market with low capitalization, however there has to be a fundamental basis for value otherwise there is no purpose in trading.

Until there is REAL ADOPTION, all trading will be highly speculative as it is now, where people are essentially buying crypto in the hopes that they will pick "the right one" and see a massive price increase. It's a bit like penny stocks. By real adoption, I mean the status quo changing to the point where actual normal people (not just miners and investors) are going out of their way to acquire crypto and commonly using it for transactions.

That fundamental basis means being accepted by merchants, presence on exchanges, and stuff like a working android wallet that allows minting on a tablet or mobile device.

Exactly, great points all around. This is a highly speculative market subject to all types of disruptions. I think some of that will level off as soon as some of the aspects of a coin that add fundamental value are enhanced by further development

I agree, the larger the market capitalization, the harder it becomes to manipulate but to say alt-prices are 100% due to manipulation is simply not correct. In regards to the alt coin market scarcity and innovation play a fundamental aspect of the price, for the same reason one 42 coin is valued at 140 BTC and one Doge is valued at 100 sat.

Being accepted by merchants or any of those items are not a fundamental requirement for value, that is the speculative part.

well, who can afford 1 42 coin and will use it and who can afford 1 dogecoin and will use it? Nobody the former, and everybody the latter.

I think utility and usage has more weight than market cap or distribution rate. The logic behind the idea that scarcity automatically increases value and therefore usage is sort of short sighted. Especially in light of what are essentially fiat currencies without any government "fiat" backing them up.  

There is no real "inherent" value to any currency, only general social agreement to use it so I think the entire economic perspective being presented by that type of argument is outdated imho

You don't need one whole 42 coin to use it, just like you don't need one whole bitcoin to use it. I think what I said is being misinterpreted slightly; when I say manipulation I am including speculative investment solely for the sake of trying to catch a coin on a pump.

Innovation means nothing if the coin is not being widely used for actual transactions. If 99.99% of the transactions occurring for a coin are between miner->investor->other investor etc etc then the price is nonsense it's all endless speculation and market manipulation to convert altcoins to BTC/LTC because those do have some small inherent value beyond mere speculation, since they are (to a small degree) being used for actual purchases and payments rather than just penny stock style flipping.