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When is this exchange opening ?
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Hey guys, what's special about this coin ? The PoS of 1% doesn't seem much appealing for me and one week for the PoW doesn't allow late incomer.
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Looks like this coin is taking off. Can someone please explain what will happen when the mining drops to only 1 coin per block? I want to get into this coin but I am concerned about what will happen in 2.5 weeks. I know users can mint coins in their wallets at 20% annually but what will new people get?
new ppl get what they get, dust. Buy now! But you need new people to drive the market. I don't quite understand. Will this become a hoarding thing? If so then no one will spend them and it is not a currency but something more like a collectable item. Just trying to understand. What will keep interest in the coin if you can't get it or spend it? Maybe I am missing something. learn more about PoS and you will understand that the ammount of coins sitted in your wallet correespond to a mining % i dont know how much time here but you will receive coins actually not mining iin terms of hardware! just hold it in your wallet and receive coins for interest (mining,forging) like with NextCoin. Thank you for the answer. I kind of understand that part already. Can anyone help with my other points? In particular what will keep interest in the coin if you can't get it or spend it? Maybe I am missing something. people will be incentivized to spend the interest and not touch the principle, I don't think that is a problem. Ok. Thanks. So they won't get interest on their interest, only on the original principle? Is that correct. And why would they be incentivized (sp?) to spend the interest? Also why even have the mining continue at 1 coin? Seems pointless when there are 100 billion floating around. Who would continue mining then? That doesn't make any sense. Why would you come to the conclusion that the interest will not compound from what I said? People will spend any currency because they can buy stuff they want with it, also if they only spend their interest and not touch the principle they have a residual income that they can spend. It's a win/win situation and I suspect you are being a fuddy duddy  I am trying to understand how this will be a currency. As a potential investor (by the way I am mining a little bit as well) I want to know what the future holds. In this case the very near future. With no one left mining it will definitely be very interesting to see what happens here. Very interesting. I am trying to see how this will not be just hoarded and where the incentive for new users (an absolute must for any coin to sustain) will come from. This has the potential to get sidetracked and become a pyramid model. I do not want to see that happen as it would be bad for not just this coin but other coins as well. THere has to be some incentive for people to redistribute their coins outside of just wanting to make a profit off of their initial investment. These are valid questions I feel as someone who is deciding whether to go big into this coin as it seems to be now or never. The BTC/MINT price should be the incentive to sell or not. If someone buy high enough, some will sell regarding their preference. Also, if you need money, then you will sell. It's just a cryptocurrency, outside of the interest and the price, people won't keep just for keeping. |
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Let's all be friends.
Have fun. Make things better. Everyday we should MINTCOIN better.
Just hit my bid at 20. Great little trader. Sell at 24 buy back at 20 maybe will back to 25.
Nice trading coin. The interest payments start based off of holdings March 15th or now? There has to be a date in which to base interest on for the year. So we trade it up till March 15th, and than that date is the cutoff date.
Let the traders know?
So I buy 50 million. Put into wallet. Take out 25 million to daytrade, put them all back before March 15th and keep them there for 5 years. Is my 1st years payment 20% based on holdings from March 15,2014 - March15 2015.
What are the dates, layout, or plan?
Thank You.
The rate is more or less a monthly interest rate (in fact 20 days) so it's based on holding for 20 days at less. Till I don't know what date is taken into account for the first payment. And, it's not the first year for each person, that is at a rate of 20% but for the whole community. |
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LOL, some one is pumping Mint! Notice to the pumpers, there are +15,802,877,226 coins waiting to DUMP!!!
This guy is angry he already sold all his. The worst coins ever released with similar coin counts have hit 50 Satoshi. All mint has to do is "not be the worst coin ever released" to get that high. It literally only has to be better than Cagecoin to do it. Could you be so smart to tell us the markecap based on your calculations? See you in week 5, troll. Week 0 - 4 sat Week 1 - 8 sat Week 2 - 16 sat Week 3 - 32 sat Week 4 - 64 sat Week 5 - 128 satweek 6 - 200+??? We are also in week 2 since it's release, so we are on schedule. Keep holding those Mints, Minters! Fortune favours the bold.I would rather predict each time price goes x1.5 |
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Anyone can teach me how to do PoS? highly appreciated  Just let your mintcoin sleep in your wallet for more than 20 days, but it doesn't work yet, wait for 3 weeks approximately. |
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I would love for someone to address my question:
I do not understand why this coin has a max coin limit?
Why not 5% interest indefinitely?
20 years theoric and 30-40 years real isn't enough for you ? |
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How do you calculate the PoS reward? Is it daily?
dunno how coins will be minted, but here are the interest rate monthly and daily, all we know at the moment is it's for the coin above 20 days in the wallet. For the first year at 20% annual If it's monthly, it's 1,530947%/month, if it's daily 0,0499636%/day |
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2 games I played weren't paid yet, I'm waiting for the support to reply.
I will modify my post once the issue is solved.
EDIT: it solved by itself.
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I am also ne to bitcoin and really confuse what does R9 280x toxics up to 800 Kh/s (running 3 in a rig I built atm) for a total of 2400Kh/s means or about XFX R9 280. I would really appreciate if you tell me about it in plain English instead of technical words. Or you may even give me the link of some reliable site so I may attain basic knowledge regarding its functionality
When he says 800kH/s, I'm assuming he is talking about script mining, else we will be talking in MH/s. the kH/s, MH/s is the number of hash per second, the higher it is, the better. The R9 280x or XFX R9 280 are graphic card, which are good for mining. Here are the comparison for differents hardware. https://litecoin.info/Mining_hardware_comparisonhttps://en.bitcoin.it/wiki/Mining_hardware_comparisonMining are for people who want to invest into rig for mining, then selling afterward. You can also invest into bitcoin/litecoin or any other currency, but it's like trading, you may win fast, you may loose fast. Mining is slower, but "safer". Take into account the electricity bill, and the hardware cost. |
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