Latest posts of: nebo

I have zero computer skills that could be used to aid Mintcoin in anyway. But I am spreading the word.. that said.
I have exactly 2 posts and probably wont do so again so am not a troll but want to add my 2 cents worth to the conversation.
I have no idea what the respondents on this forum do for a living...or the people selling the volume on the exchanges.
I do have some experience with markets so take from this what you will.
If you want to sell a big stake in something..you do not usually put a large for sale above the market.
You put a large one below it and encourage others to buy before the whale gets his.
And dribble your sale onto the market.
Unless you are desperate or want out.
Then you sell at market. Hanging around above does not make real sense.
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One of the things I like about crypto, many people from all over can see the difference the Blockchain and how it will change the world...Intuitively.

I believe people do not understand POS coins yet and is why they lag.
BTC was / is a great idea.
The advent of ASICs has made it the arms race it is and people get turned off over upgrading equipment before its time.
POS gets rid of this and having a small PC with wallet in background makes intuitive sense.
Keeping the “coin” distributed amongst peers, rather than the big companies BTC has become.
Botnets I hear.
For botnets to take over the owner of such bots would have to buy an incredibly large chunk, on different days and times then distribute it around the world.
If the coin ever came into this large a hand it would wither and die same as every other coin out there.
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Think of the POS coins as companies, rather than money... they very much resemble mining /internet companies in this way.
The company scrip is used to pay for things, same as every internet/ mining explorer company does when they are small. A la Looksmart, Google, Facebook...when they were start ups.
You then use your shares to buy things.
Mintcoin has 80B shares,(coins) (to be issued) and after these first couple of years..pays a 4% yearly scrip dividend.
BTC has 21M shares. To be issued Pays zero dividend.
All the other alt coins are somewhere there too.

I have obvious bias here as I have taken enough time to write to a forum but I see the potential in this penny stock with a dividend stream for the future.
As is always the case in the markets others do not and are selling.
Or they need the money and are selling.
Mintcoins' point of difference is it will be able to help the environment.
It is also a truly decentralised peer to peer operation..anyone with a net connection can have a wallet.

The fact a developer. (read company founder) has shares is normal one would think...especially if the stated intention was to improve the company. How is this a negative?
If the opposite was true, I would be thinking why did they not want a piece?

If the dev uses the shares to enrich, then goes away so be it... and in the short term this may work, for the owner and insiders, coin will wither and die. Same as every alt coin out there.
True wealth and credibility is created over a long period of time.
If the stated intention is to improve, grow and reap the harvest over time this coin/(company)/ movement has a great future.
I for one will be here.
Reading with interest the changes.
Keep up the good work Mintcoin team. If I had my time again I would become a computer programmer. Trouble was the humble PC didnt exist when I started the work a day grind.
I wish you all the best in this endeavour.
The world is changing. Perhaps we can change it for the better.
Regards,
Nebo.