So I guess that each batch of coin as they get past 20 days will be minted since I'm on a second minting today. While I was typing this the skate changed again so it looks like more are minting. The number now read Balance: 993296.289856 MINT Stake: 60648.341174 MINT Since I was getting coins ever 2~6 minutes does that mean it will mint more every 2~6 minutes. The first coins that hit my wallet was on 2/6/14 14:50 and the first minting was 2/26/14 19:18  That font choice is hideous I agree with you for once  Ahh guys <3 This coin is still effectively a ponzi scheme tho ;^) Cheeky bastard, I give up Oh you didn't get in on the 5 week mining period? It's okay you'll have to buy coins from me so that you can eventually sell to others like you I still dislike you lol, I don't mine I bought in at 7 I've got my investment back and some  and I still have a fair bit of Mint! I love this coin I'm displaying the parallels this coin holds with a ponzi scheme, it was a "joke". |
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So I guess that each batch of coin as they get past 20 days will be minted since I'm on a second minting today. While I was typing this the skate changed again so it looks like more are minting. The number now read Balance: 993296.289856 MINT Stake: 60648.341174 MINT Since I was getting coins ever 2~6 minutes does that mean it will mint more every 2~6 minutes. The first coins that hit my wallet was on 2/6/14 14:50 and the first minting was 2/26/14 19:18 That font choice is hideous I agree with you for once Ahh guys <3 This coin is still effectively a ponzi scheme tho ;^) Cheeky bastard, I give up Oh you didn't get in on the 5 week mining period? It's okay you'll have to buy coins from me so that you can eventually sell to others like you |
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So I guess that each batch of coin as they get past 20 days will be minted since I'm on a second minting today. While I was typing this the skate changed again so it looks like more are minting. The number now read Balance: 993296.289856 MINT Stake: 60648.341174 MINT Since I was getting coins ever 2~6 minutes does that mean it will mint more every 2~6 minutes. The first coins that hit my wallet was on 2/6/14 14:50 and the first minting was 2/26/14 19:18 That font choice is hideous I agree with you for once Ahh guys <3 This coin is still effectively a ponzi scheme tho ;^) |
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So I guess that each batch of coin as they get past 20 days will be minted since I'm on a second minting today. While I was typing this the skate changed again so it looks like more are minting. The number now read Balance: 993296.289856 MINT Stake: 60648.341174 MINT Since I was getting coins ever 2~6 minutes does that mean it will mint more every 2~6 minutes. The first coins that hit my wallet was on 2/6/14 14:50 and the first minting was 2/26/14 19:18 That font choice is hideous |
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Crazy that there are still some people mining this coin.
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Mintcoin with a 1% premine is better than topcoin's 6 hour instamine equivalent of 6% premine. Both are probably going to be more sucessful than a no premine coin that doesn't have a good community or commited developers. I am a speculative miner and I mine things that I think will be valuable when eventually exchanged, most of the times I win it is with a coin that has been premined or otherwise topheavy. Don't get too hung up on how much the dev is going to make or you will lose potential profits for yourself. Ideally, I'd like to see a small premine 0.05% or less, and low reward blocks until he network is stabalized to prevent instamining, but I'll mine anything I think I can profit from by being earlier than the next guy.
Good coin, good community, with no premine > "Good" coin, good community, with premine |
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Personally I think this "fair distribution" model is absolute bullshit. Devs spreading valueless money just to get people hyped up enough to pump up their coin. The act of premining inflates and devalues the currency.
Concur. Premine is no difference to fiat money whereas bankers create money out of thin air. Coins needs to be mined, the work and cost involved in mining creates value in the coin. Premine is just an excuse for developers to get rich quick. Finally someone here with a brain. Tired of being called a troll. |
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Looks like no premine is the way to go.
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No Premine unless all is given away for free and transparently like it was in PremineCoin (PMC).
"preminecoin" died buddy LOL says whom?? The coin and its community are both alive and well. Says the 170k market cap and under 10k volume. It's not like PREMINEcoin is going anywhere, seriously guys? But that's quite impressive for a coin where only the tax fees are minable and the biggest exchange was down half of the day. This coin is undervalued at the moment and the price rises nearly everyday. No exactly what I would call dead. It's quite low(rank 74), the price is volatile so I wouldn't say it's "rising", and it's called fucking preminecoin. Please. EDIT: Rank 77 |
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No Premine unless all is given away for free and transparently like it was in PremineCoin (PMC).
"preminecoin" died buddy LOL says whom?? The coin and its community are both alive and well. Says the 170k market cap and under 10k volume. It's not like PREMINEcoin is going anywhere, seriously guys? |
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No Premine unless all is given away for free and transparently like it was in PremineCoin (PMC).
"preminecoin" died buddy |
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Pre mines are ok
It's IPO's with no proof of concept for coin that needs to be banned
"Hi I make coin, gief me BTC"
That's literally you need to do these days to make BTC, I'm almost tempted to make some bullshit coin myself
premine sucks bruh Not if the premine is being used for development of the coin and improving services, getting on exchanges and promotion. As long as it's fully transparent then there should be no issue providing it's a max of 2% You know that doesn't take much money right? |
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Pre mines are ok
It's IPO's with no proof of concept for coin that needs to be banned
"Hi I make coin, gief me BTC"
That's literally you need to do these days to make BTC, I'm almost tempted to make some bullshit coin myself
premine sucks bruh |
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I feel like no one seems to care about Premines anymore. Recently Mintcoin got pumped up pretty high by many individuals, no one seeming to care about the now 170 thousand dollars they gave some guy.
What do you guys think? Are small premines an exception? Should premines just go?
If the coin is just copy and paste, then it might be too much. But if someone sets hundrets of hours into this coin, a premine would be fine. Also in that way: If I have many coins I have an incentive to improve this coin. All coins are pretty much clones |
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Almost every developer is creating his coin for a profit. This is acceptable. They don't create for you to dumping coins at first exchange.
There are other ways to make profit. Ways that yes take more effort than premining, but those efforts have the potential to skyrocket the coin and make the dev a stable income rather than a risky attempt at some big one time cash before the coin dies out. |
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Personally I think this "fair distribution" model is absolute bullshit. Devs spreading valueless money just to get people hyped up enough to pump up their coin. The act of premining inflates and devalues the currency.
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I feel like no one seems to care about Premines anymore. Recently Mintcoin got pumped up pretty high by many individuals, no one seeming to care about the now 170 thousand dollars they gave some guy.
What do you guys think? Are small premines an exception? Should premines just go?
to be fair, that 170 thousand dollars was worth 20 times less 1 week ago. The devs continue to work very hard on the coin, even tho it was at 3 satoshi. So, I guess their continuous hard work paid off. So should all devs premine for quick profit potential? |
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I feel like no one seems to care about Premines anymore. Recently Mintcoin got pumped up pretty high by many individuals, no one seeming to care about the now 170 thousand dollars they gave some guy.
What do you guys think? Are small premines an exception? Should premines just go?
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So much FUD right now. Makes me want to buy  One guy trolling is considered FUD now? lol. Honestly things are looking weird. Trade volume has gone from 2300 fucking BTC to 800...and steadily dropping. Wonder what will happen? I keep saying that you guys crack me up. Here is an example. You just looked at Mintpal and made that statement. What else happened in the past 24 hours that may have had an effect on this? Did some of the Mintpal trade volume move to another exchange? Did Cryptsy go live? Did you even think before you posted this? While your post is not meant to be negative, it is a very negative post and made with very little thought on your part. If nothing I just said makes sense, then you need to stop posting. I obviously took into account other exchanges that opened up. Did you think about what you said, prior to making condescending quips? Moving from Mintpal to Crypsty? That's like moving from Amsterdam to Auschwitz. No one in their right mind made that transition. BTer is a non-factor. No, what is happening is that the pump is over and we will see a sharp decrease to the 20-30 range, fueled additionally by multipools dumping MINT all over your aspirations of extending this lil bubble further. I like the hypocrisy in this thread though. Say it'll reach 100 satoshi and you are revered. Be realistic and predict a normal target and you get labeled a troll. Hilarious. Anyone thinking a 7 fold increase in price overnight can be sustained because m-muh PoW interest is delusional. Welcome to the team! |
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Gingermod, go home with your Mom pls. Guys, sry I let my dog out and he was barking a lot in every thread he can.  Here's another thread he barked: This coin failed
As predicted
+1 Classic trolls. He is either another coin holder that thinks Mint is a threat or someone who sold too early. But Digibyte failed, as I warned everyone it would, you stubborn fuck. You also said Mint failed? Congratulations you were right about one coin, you clearly know the future. No Mint is trading really well and is going through a very successful pump. WILL Mintcoin survive? No. WILL it fail? Yes, in time. I mean it's a great quick profit coin, just like 99% of all coins. Mintcoin will never exceed Dogecoin, Litecoin, or Bitcoin. You said it was dead when it hit 30, I can tell you haven't made much money in this game. I don't think you can deny that this coin is being pumped. After it is inevitably dumped, no one with power is going to want to stay around. Does this coin have services? No Does this coin have anything new? No Is this coin a clone? Yes If it was a pump and dump, it should have dumped more than this by now. That's not how it works, we're not through the pumping phase yet. This coin still have a lot of inflating and value increasing to do. Man you are a genius, you think this coin is being dumped when the price is going up on every single exchange? Please stop trolling I'm the troll? You're the one that saying this coin is being pumped, which it isn't and you also said the coin was dead when it hit 26.. It's 40 now. You want this coin to fail, I don't know why and I don't give a shit you've probably lost money somehow. I just think you're an idiot and you have no idea how any of this works. Mintcoin's marketcap was at 3 million when I woke up and it's at 4 million now |
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