I'm confused where is the massive dump after that manipulative wall went away  only idiots will dump coin kite in 2.5 weeks bitches! Merchant's Preferred Choice PROFESSIONAL $ 32.77/mo or $ 327.75/yr 0% on Withdrawals 0% on POS Sales 30 sub-accounts Max funds ฿500 / Ł10,000 No withdrawal limits FREE deposits No Miner's Fees Up to 3 Terminals 1 FREE debit card SMS and Extra Notifications Exchange markup share: 0% Save on Yearly or Monthly FAQ How much does it cost to withdraw my Bitcoin? If you have a monthly or yearly plan: 0, Nada, Nothing. They are all yours. The only one that has an exchange markup is the starter/free . https://coinkite.com/faq/pricing+1 thanks for addressing the content of my post and not attacking me personally! I love how nobody includes my post when they quote me so that it can be deleted later and erased from the public eye (why is it so threatening if it is all so untrue?). But still, you have to pay a monthly fee to get rid of fees? And this doesn't address any of the other issues brought up about coinkite by the people I quoted and people I didn't quote (centralization, bribery, the sparse number of merchant they have, the fact that analogous services will arise soon enough and will likely provide their services for cheaper or free). Why did all these other (larger, wealthier, more established) coin communities decide against it? STARTER FREE 1% on Withdrawals 1% on POS Sales 2 sub-accounts Max funds ฿5 / Ł100 No withdrawal limits FREE deposits No Miner's Fees Up to 1 Payment Terminal Exchange markup share: 50% I deleted your quote b/c there was a request on the first page not to quote walls of text. There's no point in have 3 pages with 5 replies. Anything to do with merchants comes with a fee, even coinpayments.net has a .5% fee + tx. Yes the fees are less but it is also an online payment system that wouldn't work in a b&m store, whereas coinkite has a physical terminal system. Short of using wallet to wallet transfer, you will not find a payment gateway that is free with 0 fee charges that offers balance sheets, etc that is needed for a reputable business. You know what they say, if its too good to be true . . . Coinbase, Bitpay, Bitcoin terminals and atms are all centralized now. Do you think overstock or tigerdirect would do business with coinbase or bitpay if they were not centralized, you really think tigerdirect is going to accept bitcoins, then head over to localbitcoins to exchange them for fiat? I agree coinkite has sparse merchants, kind of like bitcoins atms are sparse. They're both fairly new. Given time, they may get more merchants, I'm not saying they'll be the next bitpay, maybe they will, maybe they won't. So just because of the name, you're agreeing with other people saying coinkite is a fraud . . . +1. I never said they were a fraud, that was just one of the quotes I had in my post from somebody else. My major issues are the ones I reiterated above (centralization, bribery, the sparse number of merchant they have, the fact that analogous services will arise soon enough and will likely provide their services for cheaper or free) and the fees. |
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MINT trolls are back.  The FUD is tired though, remember everyone, MINT tried to pay the fee but got burned by CoinKite so they're pretty damn motivated to discredit them. Wow. You know it really says something about people when they have to label opposition with contextually derogatory assignments and dismiss their argument solely on those grounds instead of simply addressing their opposing points directly. I encourage anybody to go ahead and read the mint thread themselves from around the time when the community was trying to decide whether or not to go through with it. Then go read the Doge posts, the Vert posts, etc... You will be surprised. Also, you completely miss (ignore?) the rather important point that my initial post which sparked this discussion was a series of quotes from people from various different coin communities (none of them were from mintcoin). So, what was the reason for those communities to "discredit" coinkite? I am only regurgitating their "discrediting". I, and the rest of MINT (as though the coin is a conscious entity itself?), cannot take credit for the "discredit"  Keep ignoring the points I make, instead keep focusing on my personal associations. Makes you sound like a bunch of sensationalist denialists. We paid for it. MintPal paid some of it. Don't know about the fraud accusations. Other communities didn't want to do it. Maybe BC just wants to be different and try new things. But the point is it's being implemented so I'm just going to wait and see. What other PoS coins are you holding? Good points. I too will continue to hold some until things play out (and hopefully the intracommunity drama ends between IE and the foundation). The PoS coins I hold are FLT, NC2, MINT, and BC. I did have FAC, thinking about buying in again now that it is so low again but idk.. Oh and peercoin, I have a minor amount of those as well. |
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MINT trolls are back. The FUD is tired though, remember everyone, MINT tried to pay the fee but got burned by CoinKite so they're pretty damn motivated to discredit them. Wow. You know it really says something about people when they have to label opposition with contextually derogatory assignments and dismiss their argument solely on those grounds instead of simply addressing their opposing points directly. I encourage anybody to go ahead and read the mint thread themselves from around the time when the community was trying to decide whether or not to go through with it. Then go read the Doge posts, the Vert posts, etc... You will be surprised. Also, you completely miss (ignore?) the rather important point that my initial post which sparked this discussion was a series of quotes from people from various different coin communities (none of them were from mintcoin). So, what was the reason for those communities to "discredit" coinkite? I am only regurgitating their "discrediting". I, and the rest of MINT (as though the coin is a conscious entity itself?), cannot take credit for the "discredit" Keep ignoring the points I make, instead keep focusing on my personal associations. Makes you sound like a bunch of sensationalist denialists. Oh and also, I am but one person. "Troll s" is plural. |
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I'm confused where is the massive dump after that manipulative wall went away only idiots will dump coin kite in 2.5 weeks bitches! Merchant's Preferred Choice PROFESSIONAL $ 32.77/mo or $ 327.75/yr 0% on Withdrawals 0% on POS Sales 30 sub-accounts Max funds ฿500 / Ł10,000 No withdrawal limits FREE deposits No Miner's Fees Up to 3 Terminals 1 FREE debit card SMS and Extra Notifications Exchange markup share: 0% Save on Yearly or Monthly FAQ How much does it cost to withdraw my Bitcoin? If you have a monthly or yearly plan: 0, Nada, Nothing. They are all yours. The only one that has an exchange markup is the starter/free . https://coinkite.com/faq/pricing+1 thanks for addressing the content of my post and not attacking me personally! I love how nobody includes my post when they quote me so that it can be deleted later and erased from the public eye (why is it so threatening if it is all so untrue?). But still, you have to pay a monthly fee to get rid of fees? And this doesn't address any of the other issues brought up about coinkite by the people I quoted and people I didn't quote (centralization, bribery, the sparse number of merchant they have, the fact that analogous services will arise soon enough and will likely provide their services for cheaper or free). Why did all these other (larger, wealthier, more established) coin communities decide against it? I guess that's the real question, that's what I really don't understand.. STARTER FREE 1% on Withdrawals 1% on POS Sales 2 sub-accounts Max funds ฿5 / Ł100 No withdrawal limits FREE deposits No Miner's Fees Up to 1 Payment Terminal Exchange markup share: 50% |
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Probably because mint is tanking so there's nothing better to do besdies troll.
The fact that mint is "tanking" doesn't bug me at all and is completely irrelevant. It is not as though BC and Mint have an inverse relationship, me "trolling" BC is not going to "help" Mint. Of course, you would love for that to be the reason though. Go ahead and ignore the content of what I said and simply dismiss it based on an irrelevant matter. Or you could try and actually dispute some of the points made? Or is that too much effort? I hold about 10 different coins, so when one coin does bad on a given day it usually doesn't bug me too much (unless it does reallly bad). Diversification is key in life. |
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I'm confused where is the massive dump after that manipulative wall went away only idiots will dump coin kite in 2.5 weeks bitches! How long did it take you to compile those quotes? Why don't you stick to the coins you support instead of knocking efforts of coins you obviously don't? Not very long at all. Five minutes? That's the depressing part, it doesn't take long to see this. There is much more where it came from. Of course, I and all these people I quoted could be wrong! I used to hold a lot of this coin, i sold most of it during the pump, kept about 30% until today when I sold another 15% because I want into another coin (curecoin). I probably shouldn't have sold that 15% today I bet it will rise near 30k again soon, but I needed the BTC and BC keeps taking hits due to all the drama. |
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I'm confused where is the massive dump after that manipulative wall went away only idiots will dump coin kite in 2.5 weeks bitches! Have you guys ever stopped to wonder why no other altcoin attempted to produce the 25 BTC bribe? Dogecoin, peercoin, mastercoin, vertcoin, quark- these are all coins which could have easily produced the 25 btc if they thought it was a worthwhile investment. "[–]Aleks648Vertcoin Team Member 2 points 1 month ago The trouble with this system is that it requires pre-registration, loading of a debt card and therefore centralisation of funds. Completely against what crypto is meant to bring to the party. If there is demand we can implement vertcoin into our XBTerminal ( www.XBTerminal.com). A simple contactless payment terminal that works with just the wallet on your phone. CoinKite is an inelegant solution that without the use of the debit card functions only by printing QR codes on a receipt." "[–]zero_fiat 1 point 1 month ago Here's a problem with their model. What's their deployment? Because $10,000 usd is ridiculous to get a coin listed. Dropping our API into their payment platform takes a minimal amount of time. For $10k I want results, serious results. Theres already other payment platforms that will implement for free and they interface with a businesses existing pos systems. Do what you want but I don't think their model is good, I think that for $10k there would would have to be 10000x as many merchants accepting for it to even begin being attractive.""[–]mkazz 6 points 4 months ago 2.47% withdrawal?That's ridiculous. One of the big wins in using bitcoin is not shoveling ~2% to the credit cards/PayPals of the world. With this pricing scheme I'm better off using my damn miles card." "[–]Savan12986astrodoge 122 points 2 months ago I dont like it. I HIGHLY doubt btc had to donate to them to be added, so why should we. If we want to be taken seriously (Im not saying we need to be serious, that would kill the community). But if we want to be taken seriously then we need to behave with some dignity. I for one will not be blackmailed into acceptance. If they want to add us cool, if not then too bad for them. We can get to the moon without them permalink [–]therealflinchydigging shibe 33 points 2 months ago exactly. this is just crap. permalink parent [–]historian1111 15 points 2 months ago CoinKite is known for shady marketing practices. They also scam Termainal owners by charging a 50% FEE on anything over spot exchange rates.
What a fucking RIP OFF. permalink parent [–]therealflinchydigging shibe 10 points 2 months ago well that's not good. moolah ftw! permalink parent [–]rnicollReference client dev 1 point 2 months ago That's 50% of what the merchant is charging over spot rates, so my reading is that if they're over-charging the customer, they also get overcharged... have I misunderstood? http://www.reddit.com/r/Bitcoin/comments/1xsxbl/did_you_know_that_with_this_terminal_you_can/cfelvmb permalink parent [–]historian1111 0 points 2 months ago yes. CoinKite is a huge scam. they aren't upfront with fees. permalink parent [–]_Chuck__Finley_ 1 point 2 months ago What do you expect from a company that uses a known method of cheque fraud in their name? "Cheque kiting is illegal so for all your fraudulent needs: Coin Kiting"" "[–]ginger_beer_mconspirdoge 8 points 2 months ago I came here to say this. If they see a good business opportunity from supporting doge, that's enough for them to profit. Asking us to donate 25 BTC to them to cover 75% of their 'development and testing cost' is ridiculous. That's basically asking us to absorb their risk of doing business." Other coin communities gave this a lot more thought and decided against it. I was in the BC thread when the coinkite deal was announced. Nobody even questioned it, it was all OH COINKITE!? F#CK YEAH LETS DO IT PUMP PUMP PUMP! (notice how the biggest pump happened around when the coinkite deal was announced). Bah Bah black sheep, have you any wool? |
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How peculiar... Rob's undoing will come from partying really high and dress for vacation... I guess the inevitable will come regardless under what disguise just like Al Capone fell for stupid relative minimal income tax evasion.
This entire house of cards, scam, will quickly fall not for how one idiot shows up at a meeting or posses for a picture... that only corroborates the obvious: That's he is an idiot.
This will fall -it is tic... tic... ticking as we speak- for the same reason: For what it is and will inevitable show to be: An orchestrated scam.
Remember bitching at us "minters" for saying this exact thing months ago? Hah if only people had listened back then they could have gotten out when I did (during the pump; above 50k; but I'm still holding about 15% of my initial investment cause I have a hard time completely letting go and you never know what might happen). But no, you and IE and everybody else were too busy shutting me up and labeling me a troll and an idiot. I hope people learn something from all this. When something seems too good to be true, it usually is. Hey maybe the "foundation" should be legally registered like the mintcoin fund, that way you can hold those people accountable by law. Something tells me they will be hesitant to do that. |
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So how does a 51% attack work on PoW/PoS coin? You need to have both 51% of PoW and PoS power? Can you for example 51% a PoW/PoS coin by having just 51%+ of the PoW hashrate?
For a low PoW reward PoW/PoS hybrid you only need to control 51% of the PoW network hashpower (which is easy because the PoW reward is so low) and then you can override the PoS and produce a long stretch of only PoW blocks on the blockchain, effectively converting it to a pure PoW system for a given amount of time and thereby allowing you to take control of the blockchain and double spend during the time period. The BC devs "demonstrated" this on Mintcoin, and Mintcoin had to switch to pure PoS to fix the issue. I think PoT would prevent this from happening even as fluttercoin transitions to a lower reward and the network hashrate drops because the PoT blocks are tied to the PoW blocks and "check" the validity of PoW blocks and would fork the attackers chain away from the main chain. In otherwords, low PoW reward PoS/PoW hybrids are generally vulnerable but I think fluttercoin changes that with the addition of PoT  I still think there are some issues with pure PoS systems. Particularly systems which have a low PoS interest (e.g. 1% for BC) because that means there is less incentive for people to keep their wallets open and securing the network which means the network weight at any given time that one would have to compete with to get 51% of the weight is lower. Also, since the weight is based off of coin-days (a function of number of coins and their age), it seems to me that having no max coin-age (such as in the case of BC) would allow, in theory, somebody to gather infinite coin-days with a small number of coins over an infinite period of time. Practically speaking nobody can let their coins age for an infinite amount of time but depending on how many coins you have you could let those coins sit and collect coin-age indefinitely until you have accumulated enough coin-days to posses 51% of the network weight. This is my understanding, somebody correct me. |
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Super huge buy wall at @24500 ! Incredible
I am sure I just missed it as I dont see it anymore?  I am sure that at some point the whale of yesterday would come back to pump again the price. He should have made about 10 BTC yesterday with half an hour of work, good profit. Still there but at @24900 now. 160 BTC ! You act like buy walls like this are good? People often put huge fake buy walls like this up so that people think the price is about to be pumped but in all actuality they just want you to think that so that you put buy orders in front of their buy wall and they can sell at a higher price... Same thing often happens on the way down.. If you see clearly fake and huge sell walls it is usually a sign people want to push the price down to buy cheaper (if they were actually selling they would not be trying to push the price down, they would quietly and slowly sell off without leaving sell walls up on the order book which only keep the price from rising or even push it down thereby diminishing their profits), if you see clearly fake and huge buy walls it is a sign people want to push the price up to sell higher (if they were actually buying they would not be trying to push the price up, its not like anybody is ever going to push the price up to buy higher...). Don't fall for traps. Either way, it is gone now. Which is good imo, walls that big scream manipulation. |
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I've been off the thread for a while, and reading the last few pages I see some despair about the price. I'm not really worried because I see good buy oppurtunities, but anyway I think I know something that could help boost price. A working tipbot on reddit.If any members of the community are up to the task, you would be doing a great service to the community. The current reddit tipbot is run by reddit user talkb1nary, but he doesn't really have time to maintain the thing.(not currently working, don't deposit) He has stated he would hand over the code to a motivated community member. Thanks to anyone who can help. http://www.reddit.com/r/MintCoin/comments/23ft4y/is_our_tipbot_still_working/I didn't know it wasn't working, I dumped some coin in it last night and had planned on tipping a few post on /r/Mintcoin. I know the payments went through but I ran an +info command, it's only been 10 hrs ago, and I haven't even gotten a reply to that. If it doesn't work then I'd donate the 100k to a developer that can get it working again. I can donate another 100k to whoever gets it working/maintains it. |
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I do not know what is more entertaining. The person(s) doing their best to drive the price down, or the person(s) trying to stop them by driving the price up. Someone is currently trying to prop the price up and it seems they have an uphill battle.
IE it is as though nowadays you are agreeing with the things I said far in the past that made you so very angry at me back when I said them... Remember when I used to accuse BC of experiencing extreme market manipulation? Remember when I pointed out the very real possibility that this coin was flash-mined by a small group of people during the short distribution stage? Remember the things you would call me for making such claims? Do those insulting names apply to you now? |
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Wow this is the type of coin I was hoping exists!! I am a biochemist by training and I love the idea of using decentralized computation power to solve scientific problems. For this coin, the process of protein folding is independent of securing the blockchain? Would it ever be possible to integrate the computational task into the process of securing the blockchain such that the two processes are one and the system is more energy efficient? (I'm new to crypto so I don't fully understand the limitations of a blockchain)
Also I see that protein folding is the current computational task, would molecular dynamics simulations be a possible task?
Oh and also, where can I get some of these coins!? My rig is not up yet :/
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Ok so over and over the same half a dozen people repeat "this coin is amazing" "strong buy indicators" etc honestly nice sentiments but absolutely no evidence to support these claims. We have been languishing for quite a while now, what is being done to actually improve the value of mint? Donations and merchant acceptance are all well and good but historically they haven't done much to prices.
There's a plan, but we need MintCoin Fund to be official first. Hi, I was not much active on the thread recently. But I read every single post (I really do - and there are some that really warm my heart). It is my pleasure to announce I received a letter from the French Administration (I could scan the letter, but since it is in French, I don't think it would be that interesting, plus the fact that I am already working on corrections). There is one good news and one bad news. The bad news is there are some things they want me to modify. It is on the way. The good news is that those things are minor ones. For the most part, the French administration is fine with Mintcoin Fund. Of course, as long as it is not formally accepted by the fiscal administration, we could still get bad surprises. But so far, so good Stay fresh friends! This is great, David! Keep up the good work! |
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Well Maarten, I am disappointed. I was expecting just a guess, a generous one at that, but, as I now have discovered, the uncomfortable questions, you simply avoid them as if they were never possed, hoping the blind by greed sheep will forget. Some, of course, do; others, more discerning, as you can see, not exactly. And, like I told you yesterday, as the volume, price and market cap continues dwindling, as more miners leave and as the discerning ones start going for the exits, it will be even more apparent.
But I, of course, don't forget. And as I promised I'd do yesterday, I am going to come with the REAL numbers, so there's no way to hide. I have to admit that I find quite peculiar the lapses in memory and perceptions of some no doubt well intentioned people that have posted here, at least two or three of them... and yet, even with the best of intentions, their memory of what happened just about two months ago is quite deplorable. In the beginning of the "mining period" it not only wasn't difficult to mine BC, it was extraordinarily easy. I have stated several times than somebody with a decent equipment has posted that in 8 hours he mined 520,000 BC. Somehow that was considered outrageous by even those who were there... amazingly, I repeat. The facts are that in the first three days of mining of BC, 40 to 50 million Blackcoins were mined. Let me repeat that so it will be quite clear for everyone: In the first three days of open mining of Blackcoin, 40-50 MILLION blackcoins were mined. Now, we know that Eugene and his "team" were quite prepared for the launch of the coin and the mining... how doubtful are you now, with this information on hand, that the DOGE had 25 million?
Take a couple minutes to digest the previous paragraph. And since it is so easy to anticipate your -and many other- thoughts and natural rebellion against the evidence and the facts, let me tell you this right now, beforehand: I have the evidence that proves that repeated statement in the previous paragraph. I know it will be demanded and it is at the ready.
Have a lot of those coins been already sold? Of course. A lot. But if we take that "the team", "Corleone team", as it were, may have had their hands on 25 million of those, that is a lot of dumping. How much has already been dumped? That I don't know -but it isn't impossible or even hard to find out with some accuracy.... At the risk of being wrong -on the short side- I'd say that the pace of dumping has been established at around 10 million coins a month since the first pump. That would be like 1 and 1/2 month approximately. By that measure, there would be.... uh, still around 7-10 million coins to be dumped. And dumped, they continue being. Orderly, slowly, but incessantly. Is The Black Hand that is dumping these millions also buying on dips? I certainly believe they are, but cannot be sure and, in any case, that would be relatively minimal in this short period of time by comparison with the dumping that has fleeced and continue fleecing investors and "enthusiasts" (sheep blinded by greed). After having successfully dumped next to 20 million coins at an average price of 35-37k satoshis, we find that "Team Corleone" has already cashed out well north of $3 million in fiat money. The Black hand has "operating money" to even conceive the idea that this coin may have a future, after all, if they somehow find a way to keep on milking the community, either via donations, lotteries or the continual fleecing at the exchanges. Still quite a few more millions of coins to dump, plus the ones accumulated on the dips. And, importantly, a future business that could be quite profitable (the never-fixed pool, the key to time the buys for instant profit), in itself -if the bloody miners can ever be lured back, that is- and that, if so, would continue being ideal to time the buys of The Black Hand to extend the fleecing perhaps for months, even for years, until the bombs finally explodes or the authorities intervene, whichever comes first.
Keep on dodging questions, Maarten. They'll also sink in: What are you doing at the Amsterdam conference? what have you done or bring to the table of BC? Mickey, Josh, Rob?
Oh, and just for your reference, Morituri admitted in the original forum to the existence of The Black Hand... of course he called it "group of investors"... you know, the one with contracts drawn and papers signed? That one. No conspiracy theories there, you know?
Funny how people are making the same accusations now that I and other mintcoin community members made a long, long time ago (relatively speaking) when people were criticizing the mintcoin premine and we got defensive. I remember pointing out multiple times how this coin was most likely pseudoinsta-mined with a farm during the only 1 week long mining phase.. how the coin distribution is just as bad or worse than other coins with premines.. I've pointed out how if you look at the first 20 or so pages of the original BC thread you will see people complaining about the launch, about there only being private invite-only pools at launch and how difficult it was to solo mine... I recommend giving up on accusations though, they don't mean anything unless you can prove something. Which is damn near impossible for something like this in the world of crypto. |
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Yeah it's ridiculous that that the BC pool still has no stats, it does work but still..
How I see it now, with the division of the thread and closure of the firs one and all what's going on, BC is not on a good path, you can see
that the momentum is clearly getting out.. that's quite sad.
Some coins like Darkcoin are now getting much more attention as BC for example and this do not seem that it will stop either, they make more chance of getting to 1$ than BC now
A Darkcoin is already worth $2.65.. Marketcap is ultimately what matters. |
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uhh just fyi the blackcoin accepted here sign is still clearly displayed next to the bitcoin and dogecoin accepted here signs at the bottom of the main page.. Of course it is not on the first page of the blog anymore, it is not the most recent article... the bc articles are from april, the front page of the blog has articles from may...  http://www.macwizardservice.com/ I don't see a "cinni accepted here" sign, though. |
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My next post will cointain a suggestion for a redesigned, reordered OP post. I hope you like it. If I made mistakes or forgot something, please correct me. Pics ar hostet only ~90 days. (Please don't quote the next post!)
I like it! |
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The OP for mintcoin is looking beautiful these days with all of the content. If you remember back to what was there when mint was first launched, you can really tell this coin has come a long way in a short amount of time and that it will be here for the long haul.
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Wow. Just opened my wallet and realized I was the winner of the 1 mil give away. Thank you!!!
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