Bitcoin Forum
October 31, 2024, 11:11:02 PM *
News: Bitcoin Pumpkin Carving Contest
 
   Home   Help Search Login Register More  
Pages: [1]
  Print  
Author Topic: Is Mincoin dead?  (Read 958 times)
elambert (OP)
Legendary
*
Offline Offline

Activity: 1696
Merit: 1008



View Profile
June 19, 2013, 10:06:03 AM
 #1

I bought into this coin 1-2 months ago, of course as it was peeking, lol. Ended up paying .0027 on average and it was getting very good traffic at that price on MXCNow. Not sure what happened, but as soon as WDC was introduced on MXC, MNC started to lose value. Despite the drop, I held strong with this coin due to its attributes of fast/secure block time and scarcity hoping it would one day resurrect. Now I have lost over 90% of my investment in this coin and find it pointless to sell now. Is there any hope for this coin or will I eventually lose the other 10% of my investment?
vinne81
Full Member
***
Offline Offline

Activity: 182
Merit: 100



View Profile
June 19, 2013, 10:08:36 AM
 #2

Is there any hope for this coin or will I eventually lose the other 10% of my investment?


Nothing is certain, but I think the odds are good that this coin will vanish forever Smiley
naphto
Sr. Member
****
Offline Offline

Activity: 392
Merit: 250


View Profile
June 19, 2013, 10:09:10 AM
 #3

Is there any hope for this coin or will I eventually lose the other 10% of my investment?


Nothing is certain, but I think the odds are good that this coin will vanish forever Smiley


Like every other crapcoins soon
vinne81
Full Member
***
Offline Offline

Activity: 182
Merit: 100



View Profile
June 19, 2013, 10:10:42 AM
 #4

Is there any hope for this coin or will I eventually lose the other 10% of my investment?


Nothing is certain, but I think the odds are good that this coin will vanish forever Smiley


Like every other crapcoins soon

Yeah but they will be replaced by many, many, many (Capt Lassard) other shitcoins Smiley
GIANNAT
Legendary
*
Offline Offline

Activity: 1038
Merit: 1000


Bitcoin entrepreneur and Pro Trader


View Profile WWW
June 19, 2013, 10:17:15 AM
 #5

Sell and get back that 10% or be a bagholder and lose everything

elambert (OP)
Legendary
*
Offline Offline

Activity: 1696
Merit: 1008



View Profile
June 19, 2013, 11:39:42 AM
 #6

Sell and get back that 10% or be a bagholder and lose everything

Actually, it is 5% now, lol. Think I will just leave my $35 invested at this point!
Mr.V
Full Member
***
Offline Offline

Activity: 182
Merit: 100


View Profile
June 19, 2013, 11:48:46 AM
 #7

This new wave of crapcoins are good for the evolution of crypto, they show what not to do ha..MNC made a huge mistake with longer retarget times when the diff got to high miners stopped mining it, and it was bad timing with the new wave of alts

BTC:1NwEE7C2hVLSNGwSrFvsYgTrKddCvfhRwY
CJM1682
Member
**
Offline Offline

Activity: 86
Merit: 10


View Profile
June 19, 2013, 01:00:19 PM
 #8

to answer your question.....before it started it was......yes

LTC: LcN9tjjcNyjgE7HnZHSC686fWuhUUCiWsn      BTC: 163MGvqd2mr7iHumVYSpEM9jpS7dfEEqkv
CHN: CY2tsr2JKmQa7tUgZW9SkRJyUNwHzvveT2   FTC: 6uH8iaXt23WPVcJHy8eGLtm5cst5kYQnhN
usahero
Sr. Member
****
Offline Offline

Activity: 434
Merit: 250


View Profile
June 19, 2013, 01:11:15 PM
 #9

Low price of this coin actually gives him life. Before it was way overpriced. Of course people got burned because of investing into something they dont understand nor care to understand. But with the price getting so low, the premine* value has dropped, MNC is changing hands and possibly it will start rising again. The good thing about this coin is low supply inflation - not many coins are generated compared to premine.

The question is, how many premined coins have already changed hands and how many are still being hold by the first miners.



(* - the bonus of 500x, 150x, 50x that first miners got on day 1, 2 and 3/aka ~90% of current supply was mined in first 3 days).


All being said, I have no idea where the floor is and how much lower can it go. But with the price that is having now, I am willing to create some app for that coin, as I am no longer as envious about first miners, who could have dumped their premine for many thousands of dollars.. Now the value of the coin is around what the exchange mcxnow is worth (just my opinion and I won't be arguing for or against my opinion on this forum. I prefer 1 way communication rofl)
mr_random
Legendary
*
Offline Offline

Activity: 1344
Merit: 1001



View Profile
June 19, 2013, 01:15:11 PM
 #10

I would have bought some if I hadn't seen Realsolid say he's working on a new coin now (not microcash, something else).


▄▄███████▄▄
▄██████████████▄
▄██████████████████▄
▄████▀▀▀▀███▀▀▀▀█████▄
▄█████████████▄█▀████▄
███████████▄███████████
██████████▄█▀███████████
██████████▀████████████
▀█████▄█▀█████████████▀
▀████▄▄▄▄███▄▄▄▄████▀
▀██████████████████▀
▀███████████████▀
▀▀███████▀▀
.
 MΞTAWIN  THE FIRST WEB3 CASINO   
.
.. PLAY NOW ..
Pages: [1]
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!