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Author Topic: [ANN]MinCoin Now Trading @ TradeSatoshi.com[ANN] Mincoinforum.com & Mincoin.us  (Read 88843 times)
manface
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May 01, 2013, 05:00:40 PM
 #261

This really puts Feathercoin's success in perspective. It started AFTER Mincoin, there will be over thirty times MORE of them, and feathercoin is STILL trading at 5x the price per coin. Adjusted for the relative numbers of each, that makes Feathercoin 150x more valuable. Wow.

It must suck being proven wrong after one day! Tongue

http://www.mcxnow.com/exchange/MNC

MNC currently trading around 0.002 BTC and FTC is 0.0012

There is no way feathercoin will beat Mincoins on price because there is only 2880 mincoins made each day vs 115200 feathercoins. feathercoin might still be good to mine but mincoin is going to have the higher price always in my opinion.



Actually, FTC is now at around .0027 on major exchanges. Look for yourself.

https://vircurex.com


That would be like saying MNC was 0.008 , 2 days ago. It's not valid until theres a majority of depth there. Looking at vircurex order book there is no depth until 0.0015.
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Luckybit
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May 01, 2013, 05:09:29 PM
 #262

Mincoin is shooting up in value at the exchange http://www.mcxnow.com exciting stuff.
And wait until that exchange become one of the major out there!
I'm speculating that when some other pairs will be added, people will start to diversify their holdings into MinCoin causing the price of this rare, fast altcoin to skyrocket.


The exchange doesn't even have secure socket layer.
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May 01, 2013, 05:57:48 PM
 #263

Mincoin is shooting up in value at the exchange http://www.mcxnow.com exciting stuff.
And wait until that exchange become one of the major out there!
I'm speculating that when some other pairs will be added, people will start to diversify their holdings into MinCoin causing the price of this rare, fast altcoin to skyrocket.


The exchange doesn't even have secure socket layer.

This. Secure socket layer (SSL) is what any website involving financial transactions should have as a standard.

No SSL means your communication with the website when you visit each page isn't encrypted. So your password is sent is plaintext and can be viewed by a packet sniffer, for example.

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Luckybit
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May 01, 2013, 07:41:25 PM
 #264

Mincoin is shooting up in value at the exchange http://www.mcxnow.com exciting stuff.
And wait until that exchange become one of the major out there!
I'm speculating that when some other pairs will be added, people will start to diversify their holdings into MinCoin causing the price of this rare, fast altcoin to skyrocket.


The exchange doesn't even have secure socket layer.

This. Secure socket layer (SSL) is what any website involving financial transactions should have as a standard.

No SSL means your communication with the website when you visit each page isn't encrypted. So your password is sent is plaintext and can be viewed by a packet sniffer, for example.


Yes it could be a honeypot set up by hackers to sniff exchange passwords used by dummys who use the same password on multiple exchanges. Not a very good idea for a coin which is even more valuable than Bitcoin. It also means the people running the exchange can someday decide to commit robbery and take your coins merely by logging in as you.
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May 01, 2013, 08:31:14 PM
 #265

Passwords are hashed before storing on the server... been in discussion about this with the dev.  He's put a crazy amount of effort into the security of the back end.  Still, SSL is on his radar and should be implemented soon.

If you don't want to use the exchange until then,  I'd completely understand.  I think the main reason why he hasn't used it is because he is a HUGE fan of separating himself from the rest of the world via proxies.  He, and about 90% of the people he deals with on the day-to-day basis already use such proxies so their data is secured from client-to-server-back to client, even without SSL.

I'm not making excuses.  I'm just relaying the guys logic of why this has been a secondary priority.

A Personal Quote on BTT from 2011:
"I'd be willing to make a moderate "investment" if the value of the BTC went below $2.00.  Otherwise I'll just have to live with my 5 BTC and be happy. :/"  ...sigh.  If only I knew.
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May 01, 2013, 10:57:06 PM
 #266

You just need to give it time.

The block reward of FC is huge, so there we be so many.

Mincoin is rare and there will only be little amounts around.

That's why I am trying to buy up Mincoin.
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May 02, 2013, 02:20:19 AM
 #267

Now on CoinChoose (at 165.46% profitability)....
SuperTramp
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May 02, 2013, 05:48:14 AM
 #268

Now on CoinChoose (at 165.46% profitability)....


VERY NICE ! Thanks again sal002.

MinCoinForum, Home Of The Best Peer2Peer Crypto-Commodity. https://www.mincoinforum.com
Only 10million To Be Made. Find out more at https://www.mincoin.us
BladeRunner
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May 02, 2013, 06:04:35 AM
 #269

Was there ever a Gui wallet made for this yet?
Luckybit
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May 02, 2013, 06:09:23 AM
 #270

Passwords are hashed before storing on the server... been in discussion about this with the dev.  He's put a crazy amount of effort into the security of the back end.  Still, SSL is on his radar and should be implemented soon.

If you don't want to use the exchange until then,  I'd completely understand.  I think the main reason why he hasn't used it is because he is a HUGE fan of separating himself from the rest of the world via proxies.  He, and about 90% of the people he deals with on the day-to-day basis already use such proxies so their data is secured from client-to-server-back to client, even without SSL.

I'm not making excuses.  I'm just relaying the guys logic of why this has been a secondary priority.

Then why hasn't he implemented 2 factor authentication? I talked to the guy and suggested he at least support Yubikey. If you're gonna run a blind exchange you need to at least support. Even Bitcointalk runs with SSL.

For this moment in time it's not an issue but considering the mathematics behind what Mincoin's actual value is, this is unsustainable. Mincoin was launched only last month so I'm cutting them some slack.
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May 02, 2013, 06:17:36 AM
 #271

Was there ever a Gui wallet made for this yet?

Yes, shortly after launch actually.

You can get it here: http://vircurpool.com/gettingstarted

MinCoinForum, Home Of The Best Peer2Peer Crypto-Commodity. https://www.mincoinforum.com
Only 10million To Be Made. Find out more at https://www.mincoin.us
layerz
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May 02, 2013, 06:26:01 AM
 #272

This is definatly a coin to watch, already has an exchange and a stable mining community behind it with lower then standard block rewards there is huge potential which is already starting to show itself!

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SuperTramp
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May 02, 2013, 06:34:32 AM
 #273

Passwords are hashed before storing on the server... been in discussion about this with the dev.  He's put a crazy amount of effort into the security of the back end.  Still, SSL is on his radar and should be implemented soon.

If you don't want to use the exchange until then,  I'd completely understand.  I think the main reason why he hasn't used it is because he is a HUGE fan of separating himself from the rest of the world via proxies.  He, and about 90% of the people he deals with on the day-to-day basis already use such proxies so their data is secured from client-to-server-back to client, even without SSL.

I'm not making excuses.  I'm just relaying the guys logic of why this has been a secondary priority.

Then why hasn't he implemented 2 factor authentication? I talked to the guy and suggested he at least support Yubikey. If you're gonna run a blind exchange you need to at least support. Even Bitcointalk runs with SSL.

For this moment in time it's not an issue but considering the mathematics behind what Mincoin's actual value is, this is unsustainable. Mincoin was launched only last month so I'm cutting them some slack.

Luckybit, it is being worked on. Please be patient. So far the security protocols are VERY good, but SSL *should* be added within 24-48hrs!  Wink
Thanks for your support!

MinCoinForum, Home Of The Best Peer2Peer Crypto-Commodity. https://www.mincoinforum.com
Only 10million To Be Made. Find out more at https://www.mincoin.us
BladeRunner
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May 02, 2013, 06:38:53 AM
 #274

Was there ever a Gui wallet made for this yet?

Yes, shortly after launch actually.

You can get it here: http://vircurpool.com/gettingstarted

Thanks!
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May 02, 2013, 07:19:13 AM
 #275

Was there ever a Gui wallet made for this yet?

Yes, shortly after launch actually.

You can get it here: http://vircurpool.com/gettingstarted

Thanks!

yw!  Smiley

MinCoinForum, Home Of The Best Peer2Peer Crypto-Commodity. https://www.mincoinforum.com
Only 10million To Be Made. Find out more at https://www.mincoin.us
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May 02, 2013, 11:58:58 AM
 #276

This is going nice and steady on the exchange, which is a great sign as it is still early days yet.
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May 02, 2013, 07:34:53 PM
 #277

New Pool:

http://www.mincoinpool.com


BigVern
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May 02, 2013, 07:36:25 PM
 #278

Is the second pool bounty still available?  I've added mincoin to www.multipool.in.

stratum+tcp://multipool.in:3339/

Multipool - Always mine the most profitable coin - Scrypt, X11 or SHA-256!
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May 02, 2013, 07:38:14 PM
 #279


well damn...

Multipool - Always mine the most profitable coin - Scrypt, X11 or SHA-256!
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May 02, 2013, 07:40:46 PM
 #280

Hashrate looking really good and the volume on the exchange is on the rise.

Time to invest in some more maybe.
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