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Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][MINT]Mintcoin V1.9.1, Energy Saving Coin *27 Exchanges *57 Merchants
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on: May 15, 2014, 04:40:50 PM
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Paspi: might I suggest not releasing the source code to mintcoin android wallet/mintcoinj immediately. I would suggest giving it a 6 month grace period to give mintcoin a head start, otherwise it will be copied to every other pos coin immediately and give mintcoin no intrinsic value. Thoughts?
Its double edged sword. Do you trust a stranger with your coins without knowing what is inside the code? I guess, its the idea which needs to be discussed, but i doubt that there will be much pro´s for keeping source code private. |
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Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Dreamcoin [DRM] - X11 - PoW/PoS - Poloniex - Bittrex ~ 15% PoS!
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on: May 14, 2014, 08:13:54 PM
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Dont be naive. Sell as soon as whales start dumping.
Its same script over and over again with all new hyped coins. How many times you one needs to make same mistake over and over again until one learns?
Don't look #1 its exchange or pool. Biggest whales only have 49,891.55 DRM. I know some whales they will not going to sell any soon. This coin have really good dev. In the future yes some whales will dump some not. If biggest whale want to dump when we are 100k. (49,891.55 DRM): 49.96583650 BTC. Do you think 50~ BTC will hurt to price ? DRM rare coin. Most of us still try to buy more. If you really believe that biggest whales have under 50K then good luck to you!  |
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Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [DIG] DIGIT | Dig In Now! |Less Than 45000 Full Blocks Left!
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on: May 14, 2014, 06:44:13 PM
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i dont understand why i need to import my private key to Swissminers.com Digit Pool ??
if i give him my private key they can get my coins.
You do not need to generate your key on their site. Its a free option. You can also use your wallet receiving address as usual. all pools are down, cannot even solo mine, the network has been abandoned?
Why cant you solo mine? Whats stopping you? Check the block explorer. Digit network is running just fine! |
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Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][MINT]Mintcoin V1.9.1, Energy Saving Coin *27 Exchanges *57 Merchants
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on: May 14, 2014, 03:43:43 PM
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How about reducing the coin total to 50 billion instead of 70 billion. Then a new minting period could be outlined with an initial minting period of 80% in ONE month, then 40% for the next 2 months, 20% for the next 4 months, 10% for the next 8 months, 5% for the next 16 months, then it would be 2.5% minting every year from then on.
I know this would require a lot of changes and it might not be possible but in my opinion it would generate a lot of new interest.
Imagine the hype and buying that would be generated from an 80% minting period of one month. with 80% minting if you had 600000 MINT you could increase it to a million. In my opinion there is not a lot of incentive for Mintcoin because the Proof of Stake rewards are low. If you did this people would probably change their minds and rush to buy MINT. Because then minting will look like a great alternative to mining. And people will have a reason to consider buying MINT before the minting "halves" and the big minting rewards decrease.
Just an idea I had...
Changing the ground rules in the middle of the game is pretty much never a good idea. Especially if the change is as radical as this. Not going to happen. Personally i would ditch my stake of Mintcoin immediately, if developer would announce a hard fork which completely changes how coin was initially designed. Mintcoin and its developer would lose all credibility because you would never know what comes next... |
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