I've been saying this for months too, i'm a believer in all POS coins.....X11 will be the future as well......ya unless POW is actually doing something good for the world....like Ripple XRP https://www.computingforgood.org or raising money for charity (einsteinium for example)...the POW coins are going down the crapper...pointless to waste and spend money on electricity that is not needed with POS and X11...I mean blackcoin is booming now but mintcoin is just as valueable (in different ways). I havent figured out if I'm just a visionary or if most people are not very smart. I mined a good chunk of all my POS coins and my profits are astounding....10+ bitcoin worth. Mintcoin is awesome and I will continue to pump money into it....slowly getting rid of my Canadian crap dollars. Most of the whales who pump and dump good quality coins are only hurting themselves in the long run.....For crapcoins, I fully understand pumping and dumping....I shouldve unloaded my lottocoin and fedora when they skyrocketed...they are both garbage now in my opinion and now i'm left holding the bag lol....at least i didn't buy them....Litecoin is the only POW coin that i'm unsure about...it's so huge and ASICs will keep it alive, I doubt it's going anywhere although i could be wrong Do you have an overview of all PoS on the market right now? |
|
|
|
Therefor I would expect and increased demand for all PoS coins the next 1-6 month. And since the potential of increase for Blackcoin will soon be over (you can only go that high), a "smaller coin" like the original mintcoin would make sense. Especially one the Mintcoin Fund will be registered (I am waiting for the receipt from the French administration - I should get it around the end of the week). I was actually thinking the same, but did not want to spread FUD (btw. I also have some BC in my portfolio). But the if BC crashes hard (not saying it will), then will MINT to an obvious alternative to buy, and that could make the price go up. |
|
|
|
Realistically guys, where do you see mint coin going?
I've been holding mint for a while, for some reason I just can't sell, it feels wrong as for some reason I have massive faith in this coin! So I will continue to hold, tip and buy more.
Just wanting to ask any mint experts out there where you see this going, what can mint be worth and what's the likely hood? Be interested to hear from the more mint educated people of the community!
I am not an expert, I have been trading alt for about 1/2 year. Nevertheless here is my analysis: I have studied the PoS coins closely the last week, and I see a tendency to shift towards the PoS coins, I think this has something to do with most coin holders have a background in mining, and lately the margin for mining is so low that is almost impossible to make a profit on mining + powerful scrypt ASIC miners is about to hit the market. For that reason is PoS a natural choice. Therefor I would expect and increased demand for all PoS coins the next 1-6 month. |
|
|
|
Does Mint-QT wallet support that you can specify another path for the wallet.dat? It would be nice to place the wallet.dat on a encrypted drive/file container, to have two levels of encryption. |
|
|
|
i had encrypted it but unlocked for stacking for three hours
That sucks, I am sorry for your loss  |
|
|
|
|
I am new to PoS, and I still don't fully understand how staking works, can someone explain to me?
I have some very basic question:
Minting start after funds has been in the wallet for more than 20 days?
What is exactly going on when minting?
What/who is verifying the transactions, is that the minting clients?
How is a block found?
|
|
|
|
welcome to mint my friend remember to keep buying and keep holding, tell your friends and family we need more people and more advertising. also dont forget bout the mintcoin rich list see how hi you can get, make a game out of it  website - http://mint.blockx.info/richlist/ Interesting list... only 500 entities control 82.63% of all MINT's. |
|
|
|
Exactly. Coins which mining stage lasts for only few weeks are hold by very tight group. If price suddenly spikes up, then it makes the coin extremely hard to expand in popularity.
Im glad that MINT price came down again. This helps for interested people to buy them some cheap coins.
Even tho "being cheap" is extremely foggy indicator here. We dont know what would be the actual fair price for MINT. We can only quess.
My quess is that MINT under 20 satoshi is a buy.
+1 I agree, I just bought into MINT yesterday, mainly because of the low price, and as others pointed out to me, as long as the price is stable, then will the interest provide the profit. |
|
|
|
Yes, it would be much better if we focused on Mintcoin!
Yeah, agreed, I think I brought the topic up, sorry |
|
|
|
"Fools and their money are soon parted"
They are being herded in like cattle to the slaughter by a very well organized team of manipulators.
It will be very interesting to follow |
|
|
|
I was just wondering; how come has Blackcoin got so much success lately and MINT is still low in price? Does anybody have an opinion about that?
Blackcoin was 99% instamined!!! During their 1 week distribution period, the entire money supply was almost entirely unminable by average miners, as they "rented all the hashpower" over their 1-week distribution period. They have been manipulating the trading volume and price ever since because they own 99% of the money supply. Only the fools who are lured in by charts, volume and price, but don't know the history... I have both a little BC and MINT, but I really wonder who buys all that BC? The volume is pretty big. Edit: Actually I just sold a bit BC and bought into MINT for the share, since the price is high for BC right now and low for MINT |
|
|
|
I was just wondering; how come has Blackcoin got so much success lately and MINT is still low in price? Does anybody have an opinion about that?
Blackcoin is having exactly the same period which Mintcoin had earlier. In long term view, price of one coin is absolutely irrelevant factor. Price stability is the most important one. Why do you think all merchants are extremely cautious towards bitcoin? Because its volatility. Good payment instrument must be stable. Until bitcoin stays volatile, it will not get widely used. +1000. And not just merchants, but consumers too. Who wants to spend their coin on something if the next day its price might jump 20-100+%? Allright, just got 1.5 mil of MINT @14, seams like a great price |
|
|
|
I have another noob question, how often do you need to do the minting, in order to get your interest.
Do you need to have the wallet open and staking all the time, or can you e.g. open it once a week?
You only have to open it every now and again. You can look and see when your oldest coins were deposited into your wallet, add 20 days to that date, and then open your wallet for a few days until it mints. What is the common practice for minting? What do you guys to, have it open all the time, or just make the minting once in a while. What if you don't open your wallet for a 1/2 year, will you still get your interest retrospectively? |
|
|
|
I was just wondering; how come has Blackcoin got so much success lately and MINT is still low in price? Does anybody have an opinion about that?
Well, BC has 1% interest so there is much less sell pressure. Mint currently has 20% interest so there is more sell pressure. But as navarthelol pointed out above this higher interest leads to greater stability which is great for utility, and because of the 20% annual interest rate you would still make 20% annual ROI even if the price were to stay the same (and I am confident that the price will only go up in due time). I have another noob question, how often do you need to do the minting, in order to get your interest. Do you need to have the wallet open and staking all the time, or can you e.g. open it once a week? |
|
|
|
|
I was just wondering; how come has Blackcoin got so much success lately and MINT is still low in price? Does anybody have an opinion about that?
|
|
|
|
And there will be 70.000.000.000 in total, right? |
|
|
|
|
How many MINT coins is there in circulation?
|
|
|
|
|
What is the reason for BC to be so successful and MINT is stuck @14?
|
|
|
|
|
How many BC are there currently in circulation?
|
|
|
|
Very unexpected, I sold long time ago @1600. Was considering to get back in many times, but was always waiting for the next "dip"... never happen, lol Congrats to all of you "fortune favor the brave" |
|
|
|
|
Show Posts
