I see wafflepool is mining and trading MINT now, I wonder if MC, CM or multipool is mining them too.. That would be a real good reason the price is going down if they are selling. 100% nothing to worry about in my opinion  Hashcows has been on Mint a lot as well. Just think in under 1 week this probably wont be a problem and in under 2 weeks it definitely wont be a problem Yep, this is the great thing about MINT. 50 Billion coins yet to be produced, and absolutely NO mining pools to stomp on the coin and dump it into the open market. Unlike other pure PoS, 50 Billion coins left means new coins will still be entering the market allowing people to buy in if they choose. This is going to be great. |
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Whales are buying cheap for the weekend pump. Get your popcorn. What are your forecast regarding at which price to sell this week-end? I know that selling would kill the PoS, but there is a balance between losing one PoS and buying at cheaper price. So, anyone (particularly the one the most experienced with this behaviour), what price? never sell on the weekend I try not to daytrade I'm not an expert by any means, I was just commenting on an uptick in volume and manipulation I saw at the time. I usually try to keep an eye out for volume when deciding whether or not to buy more. |
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I'm pretty sure Peercoin was first PoS coin. Mintcoin has the first distribution method of it's kind.
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Is there any way to see VOLUME in actual COINS on Cryptsy?
Look at the green bars at the bottom of the chart, it shows volume. Also notice it says volume on the left of the chart below the word price. You can look it up on the very first page, when you scroll down to MINT. https://www.cryptsy.com/It's currently 169 BTC. That's what I was looking for, Thanks. |
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This coin is very unstable  Which one is stable?  Auroracoin  |
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Is there any way to see VOLUME in actual COINS on Cryptsy?
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Just received first minting  |
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ManontheMoon=Gingermod=IGNORE
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So pissed waking up and seeing I could have bought at 21  |
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Withdrawl @ mintpal is taking so long.. Want them in my pocket!
Mine have always been very quick. You confirmed email? |
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Whales are buying cheap for the weekend pump. Get your popcorn.
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Bitcoin is another coin that used to be cheaper than next. OP never even mentioned next. You did, presumably because you own a lot.
- All coins used to be cheaper than Nxt, what is your point? Just because a coin is cheaper than Nxt doesn't mean it's going to become a success... - My initial response wasn't directed towards the OP, it was directed toward you. IT is natural that Nxt would be brought up in the same conversation as Mintcoin because they are both similar. - I do not own any Nxt, I'm just tired of Mintcoin cheerleaders claiming it has more fair initial distribution than Nxt based on faulty logic. I will admit after looking into the forging of both coins, that Mintcoin's forging seems to be more fair than Nxt's as it exists today. I'm not sure if I understand the forgings of both coins completely yet though.
EDIT: mixing my train of thought on different threads  I will again go to your original statement of "20% return on any coins held for the first year. Then 15% year following, then 10%, then 5% where it will stay. This will keep the market active but not too active." The point I was trying to make is that 20% PoS doesn't mean you will make 20%. You will have 20% more Mintcoins yes, but the price will be upheld by supply and demand, and there's nothing to stop the price from going down 20% in a year (or more). On the flip side, Nxt has a smaller % PoS reward, however they are actively developing and adding features to their coin that will add value on the exchanges. I think it is better to add value through development and improving your coin rather than printing money. I'm glad you brought up the forging, because I was about to This is what keeps me from getting NXT. I don't want to leave my computer online 24/7. Hopefully Mint will stay as it is and I'll only have to open my wallet once in a while to get coins. |
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Unfortunately, when you ask a question like this you're really just asking people to steer you into buying the coin they want you to buy. You really need to research the different coins yourself. There is a lot of inaccurate information in this thread already.
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Mintcoin differs from POS coins like Peercoin because it's 100% proof of stake in two weeks, making it much more energy efficient.
It's like a bitcoin style version of NXT in that regard, but with a fairer distribution.
Market cap of mint now is 4 million. It will easily get to 15 million once the mining stops in 2 weeks pretty much by which point that will be 20 billion coins on the market.
I feel like I debunked the myth that Mintcoin has a more fair distribution earlier today with this post: https://bitcointalk.org/index.php?topic=491131.msg5416647#msg5416647Mint was and still is cheaper to buy than Next will ever be*ever was So now it's more fair because it is cheaper? Ok, I will make a clone of BTC and sell you my BTC-Clone coins at $200 each. Sound fair to you? You guys underestimate the network effect and the head start nxt has in developing features on top of their coin. Even though the coins are cheaper it doesn't mean it's a better deal. Listen... I'm not saying Mintcoin is a bad idea, nor am I saying it will fail. It might take off and be wildly successful for all I know, but to call it more fair than Nxt is a sham. Bitcoin is another coin that used to be cheaper than next. OP never even mentioned next. You did, presumably because you own a lot. |
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Mintcoin differs from POS coins like Peercoin because it's 100% proof of stake in two weeks, making it much more energy efficient.
It's like a bitcoin style version of NXT in that regard, but with a fairer distribution.
Market cap of mint now is 4 million. It will easily get to 15 million once the mining stops in 2 weeks pretty much by which point that will be 20 billion coins on the market.
I feel like I debunked the myth that Mintcoin has a more fair distribution earlier today with this post: https://bitcointalk.org/index.php?topic=491131.msg5416647#msg5416647Mint was and still is cheaper to buy than Next will ever be*ever was |
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50 billion Mintcoins have yet to be produced! If you could go back in time and buy Doge at 39 sat would you not? Of course you would. Imagine Mintcoin being like Doge that magically produces new coins.
Mintcoin differs from other PoW coins by releasing so many at once. 20 Billion in 5 weeks.
Mintcoin differs from PoS coins,...again by releasing so many at once, albeit at a much slower rate than initial mining. 20% return on any coins held for the first year. Then 15% year following, then 10%, then 5% where it will stay. This will keep the market active but not too active.
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Just received first minting I still nothing... Look at your transaction history. When was the earliest deposit? |
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Gingermod, calling something irritating....
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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  Very cool, my earliest stake is Feb 9th so I have a few more days to wait! Excited though |
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