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Author Topic: [ANN] [MINT] Mintcoin (POS / 5%) [NO ICO] [Fair distro, community maintained]  (Read 1343102 times)
deadmanwalking
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March 30, 2014, 08:22:49 AM
 #11281

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so pray that a whale, with bad intentions, does not get 51%

That would cost the attacker about $750,000.

Is it really worth it to attack? I mean they are spending 750K to destroy their own money, who would do that?  

double spend? there will be other flaws... but currently double spend is most likely to occur with a stake of 51% or more.

pure pos is untested. we will see what future will bring.

i am into mint now as well.

ps. it would cost bitcoins. that is why "there is nothing at stake". an early adopter of bitcoin can do this. also the marketcap.. is at highest buy/lowest sell.

marketcap only takes highest buy price and multiplies that by coins available. it wouldnt take 750k usd. not even close.

so coinmarketcap is not even close to real value. simple math.

You see to be completly oblivious to SIMPLE math.

1. There aren't enough coins currently on the market to buy a 51% stake.

2. As soon as someone started to buy many coins, the price would increase exponentially.

3. If anyone were to control 51% it would destroy the value of the coin. Thereby destroying the urge for anyone to acquire so many coins.

4. Not having to do with math. Why the hell isn't anyone asking questions about this on blackcoin's thread. Gee, I wonder. Trolls be gone.

i agree

1 and 2


If anybody will buy all mint under 500 satoshi (560 640 822,397635 Mint) on Minpal, he need 240 btc. The price Mint will be 500 satoshi. It means 560 640 822,397635 *100 /18 721 246 063 = 2.99%. He who wants to attack mintcoin need more coins: 51% - 2.99% = 48%

Yep, and even then he would only halve half  a billion Mint. To all the people trying to buy at 16, just do yourself a favor and buy at 17. Word is people are done with mintclone BC. No more pumping as people are waking up to the fact that bc is just 74 mil instamined coins without any real value. Kind of like the auroracoin spike, people thought it was a great idea until they thought about it. BC reminds me of Topcoin, only with a smaller number of coins. No real long term potential. They say it's better than btc. Why? Why would 74 million coins be worth anything just because they exist?

Do they have 30 merchants like Mintcoin? Do they pay people with coins just for holding them? (1% annual doesn't count) Are they to be listed at Vault of Satoshi in April? Do they have a community the size of Mintcoin?

Mintcoin is the original PoW to PoS and pays people to hold it, and has a large and growing infrastructure. Mint is also more secure because PoW implementation still intact. People love Mintcoin!

\
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deadmanwalking
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March 30, 2014, 08:27:36 AM
 #11282

How long has this money released

Feb. 6th

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stormia
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March 30, 2014, 08:34:44 AM
 #11283

How long has this money released

Now is a good time to buy. We have been near our floor, which has been steadily rising, for a while now.. I suspect more movement upwards soon.
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March 30, 2014, 08:39:33 AM
 #11284

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so pray that a whale, with bad intentions, does not get 51%

That would cost the attacker about $750,000.

Is it really worth it to attack? I mean they are spending 750K to destroy their own money, who would do that?  

double spend? there will be other flaws... but currently double spend is most likely to occur with a stake of 51% or more.

pure pos is untested. we will see what future will bring.

i am into mint now as well.

ps. it would cost bitcoins. that is why "there is nothing at stake". an early adopter of bitcoin can do this. also the marketcap.. is at highest buy/lowest sell.

marketcap only takes highest buy price and multiplies that by coins available. it wouldnt take 750k usd. not even close.

so coinmarketcap is not even close to real value. simple math.

You see to be completly oblivious to SIMPLE math.

1. There aren't enough coins currently on the market to buy a 51% stake.

2. As soon as someone started to buy many coins, the price would increase exponentially.

3. If anyone were to control 51% it would destroy the value of the coin. Thereby destroying the urge for anyone to acquire so many coins.

4. Not having to do with math. Why the hell isn't anyone asking questions about this on blackcoin's thread. Gee, I wonder. Trolls be gone.

i agree

1 and 2


If anybody will buy all mint under 500 satoshi (560 640 822,397635 Mint) on Minpal, he need 240 btc. The price Mint will be 500 satoshi. It means 560 640 822,397635 *100 /18 721 246 063 = 2.99%. He who wants to attack mintcoin need more coins: 51% - 2.99% = 48%

Yep, and even then he would only halve half  a billion Mint. To all the people trying to buy at 16, just do yourself a favor and buy at 17. Word is people are done with mintclone BC. No more pumping as people are waking up to the fact that bc is just 74 mil coins without any real value. Kind of like the auroracoin spike, people thought it was a great idea until they thought about it.

Mintcoin is the original PoW to PoS and pays people to hold it, and has a large and growing infrastructure. Mint is also more secure because PoW implementation still intact.

The Market Manipulator who has been pumping up BC has decided there is not enough volume from other buyers and sellers to make it worth his while.
deadmanwalking
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March 30, 2014, 08:40:37 AM
 #11285

For those just dropping by:

Why join Mintcoin?

-Energy efficient! No mining necessary, Mint your coins instead!
-Lightining fast, secure transactions.
-Mint pays 20% interest to people who buy in now.
-Can't afford to buy? People can turn other coins into mintcoin by mining at hashcows right now! https://hashco.ws/ (under account settings change to payout in mint)
-Buy\Sell Mint at for fiat at Switzerland based Moolah.io exchange
-We will be added to regulated, legitimate fiat exchange Vault of Satoshi in April: http://www.coindesk.com/vault-of-satoshi-gets-full-money-services-license-canada/
-Android wallet in the works: https://drive.google.com/folderview?id=0BwpkXqmxmdGScm9lb21pTXhuS00&usp=sharing
-Merchants!

Join the Mint Revolution!

New auction site! http://mintbay.net/

\
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March 30, 2014, 08:42:59 AM
 #11286

Take away all the fake buy orders from BC and you will see not much of anything - no real demand, no support - every movement has been the direct result of buying and selling his own orders. Now look at the MINT orderbook, strong buy support, 16 wall knocked down in 5 minutes, loads of fake sell orders all the way up into 400 satoshi territory to try and make it look like a bad time to buy when viewing Market depth graphs. All part of the plan to dump BC while its pumped sky high above its 7-800 satoshi sensible, stable value - and buy up all the MINT possible. MINT has merchants and stability - BC has neither.
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March 30, 2014, 08:44:20 AM
 #11287

For those just dropping by:

Why join Mintcoin?

-Energy efficient! No mining necessary, Mint your coins instead!
-Lightining fast, secure transactions.
-Mint pays 20% interest to people who buy in now.
-Can't afford to buy? People can turn other coins into mintcoin by mining at hashcows right now! https://hashco.ws/ (under account settings change to payout in mint)
-Buy\Sell Mint at for fiat at Switzerland based Moolah.io exchange
-We will be added to regulated, legitimate fiat exchange Vault of Satoshi in April: http://www.coindesk.com/vault-of-satoshi-gets-full-money-services-license-canada/
-Android wallet in the works: https://drive.google.com/folderview?id=0BwpkXqmxmdGScm9lb21pTXhuS00&usp=sharing
-Merchants!

Join the Mint Revolution!

New auction site! http://mintbay.net/

Outstanding auction site - very professional. I will be promoting this and using it in the coming days and weeks Smiley
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March 30, 2014, 08:47:20 AM
 #11288

http://mintcoincasino.com is coming out pretty soon! 
stormia
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March 30, 2014, 08:54:56 AM
 #11289

http://mintcoincasino.com is coming out pretty soon! 

This is great! Thank you!
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March 30, 2014, 08:55:40 AM
 #11290

Take away all the fake buy orders from BC and you will see not much of anything - no real demand, no support - every movement has been the direct result of buying and selling his own orders. Now look at the MINT orderbook, strong buy support, 16 wall knocked down in 5 minutes, loads of fake sell orders all the way up into 400 satoshi territory to try and make it look like a bad time to buy when viewing Market depth graphs. All part of the plan to dump BC while its pumped sky high above its 7-800 satoshi sensible, stable value - and buy up all the MINT possible. MINT has merchants and stability - BC has neither.

+1000

Just to backup my point.
deadmanwalking
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March 30, 2014, 09:02:28 AM
 #11291

Blackcoin came out 10 days after Mintcoin with a 10 day distribution. A complete copy cat that only had one way to ride the success of Mintcoin wave: Instamine the coin in 10 days. They claim to be original because of this different distribution method. They also differentiate themselves by paying a measly 1% interest on their instamined coin.

Blackcoin then came up with a good idea. The BC multipool. Again, not an original idea as we have seen multipools selling alts for BTC for years now.

It's a good idea for a coin with a small marketcap, because even a small 2 BTC buy at a price above current market price can artificially increase the price by a 300-500 satoshi margin. This is a great way to trick gullible investors into buying high. Then they get dumped on by the people who know what's happening. Then the process repeats. What is happening now is that only true believers are holding the coin. No one is buying anymore, and so the volume is dying as manipulators set their sights elsewhere.

The truth about blackcoin is that it holds no real value. It's literally as if someone put 74 million coins on the market and then said "Buy our wonderful coin, it's better than bitcoin!"

Sell your Blackcoin, and buy the original: Mintcoin- Foundation, Interest, Energy efficient, Merchants, Value.

\
draco71
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March 30, 2014, 09:39:31 AM
 #11292

The trading volume on almost all coins at the moment is simply not existent. Examples (24 hour volume):

AUR 161K $
BC 136K $
VTC 94K $
MAX 84K $
DRK 25K $
MINT 16K $

... and goes down.

It seems that everybody is holding, not trading and expects something. The only coins that are currently traded are the good old BTC, LTC and DOGE. So, the conclusions drown so far seem, let's say, stretched to me. I see rockets, trains, boats, the moon, but I think we are still on the station waiting for the bus to pass by. Not bad, because I expect a lot of buses to pass by, but please do not overreact because we will have too many disappointed people that expect a fast reward. PoS is for long, we will not get rich overnight.  


My heart belongs to RieCoin (RIC), my investments to BlackCoin (BC)
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March 30, 2014, 09:56:59 AM
 #11293

Hi,

The Mintcoin Fund is progressing.
We have several Board Members, from all over the (Western) world. When I say we have Board Members, I mean they already fullfilled all the legal obligations to be Board Members. They are not "count me in" members.
The money from the premine is on its way to a dedicated address.
Another address is available for donation (only for the Mintcoin Trust): MjAQAmm6WEX2fx7xgBunZt4RpzwhqHtD4r.

Why donate?
1) to show support for sustainable development project
2) to actually help said projects
3) to increase the visibility of mintcoin, which will in turn raise the value of it - which translates into more money for you, since your mintcoin will be worth more.

The website will come soon. Donators will have a way to express where they want their money directed as soon as we figured out a way to related donations and donators.





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garicson
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March 30, 2014, 10:05:31 AM
 #11294

Hi,

The Mintcoin Fund is progressing.
We have several Board Members, from all over the (Western) world. When I say we have Board Members, I means they already fullfilled all the legal obligations to be Board Members. They are not "count me in" members.
The money from the premine is on its way to a dedicated address.
Another address is available for donation (only for the Mintcoin Trust): MjAQAmm6WEX2fx7xgBunZt4RpzwhqHtD4r.

Why donate?
1) to show support for sustainable development project
2) to actually help said projects
3) to increase the visibility of mintcoin, which will in turn raise the value of it - which translates into more money for you, since your mintcoin will be worth more.


+100000 send

Thank you David!
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March 30, 2014, 10:13:50 AM
 #11295

Hi,

The Mintcoin Fund is progressing.
We have several Board Members, from all over the (Western) world. When I say we have Board Members, I mean they already fullfilled all the legal obligations to be Board Members. They are not "count me in" members.
The money from the premine is on its way to a dedicated address.
Another address is available for donation (only for the Mintcoin Trust): MjAQAmm6WEX2fx7xgBunZt4RpzwhqHtD4r.

Why donate?
1) to show support for sustainable development project
2) to actually help said projects
3) to increase the visibility of mintcoin, which will in turn raise the value of it - which translates into more money for you, since your mintcoin will be worth more.

The website will come soon. Donators will have a way to express where they want their money directed as soon as we figured out a way to related donations and donators.






People have no idea how high this thing will go when awareness of this gets out to the rest of the Crypto community! This is huge - I expect us to hit 20-22 Sat in the next 12 or so hours as Blackcoin bleeds and we  provide the perfect investment Smiley
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March 30, 2014, 10:15:14 AM
 #11296

Hi,

The Mintcoin Fund is progressing.
We have several Board Members, from all over the (Western) world. When I say we have Board Members, I mean they already fullfilled all the legal obligations to be Board Members. They are not "count me in" members.
The money from the premine is on its way to a dedicated address.
Another address is available for donation (only for the Mintcoin Trust): MjAQAmm6WEX2fx7xgBunZt4RpzwhqHtD4r.

Why donate?
1) to show support for sustainable development project
2) to actually help said projects
3) to increase the visibility of mintcoin, which will in turn raise the value of it - which translates into more money for you, since your mintcoin will be worth more.

The website will come soon. Donators will have a way to express where they want their money directed as soon as we figured out a way to related donations and donators.






Thank you David! Sending the rest of what I've still kept on mintpal to the donation address now (37752 MINT), will send more later when I buy more! Perhaps we can set up a simple posting board on the website where people can post how much they donate, the sending address, and the transaction ID- the donation can be confirmed and can then be assigned to the person's name or pseudonym and then they can express how they want their portion of the money used?

Goodnight all. I gotta get some sleep, its past 5 am here  Cheesy
David Latapie
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March 30, 2014, 10:32:00 AM
 #11297

Perhaps we can set up a simple posting board on the website where people can post how much they donate, the sending address, and the transaction ID- the donation can be confirmed and can then be assigned to the person's name or pseudonym and then they can express how they want their portion of the money used?
Three alternatives:

Short term, posts: someone collects a list and publish on the thread, like you did for holders
Medium term, thread: a dedicated thread on mintcointalk.com (and post it back here could help, especially if each post back come with the link to the tread)
Long term, website: the website for the Fund will have something like this, if someone volunteers to do it.

Monero: the first crytocurrency to bring bank secrecy and net neutrality to the blockchain.HyperStake: pushing the limits of staking.
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HEISENAIR
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March 30, 2014, 10:52:15 AM
 #11298

Hey everyone, being relatively new to the Crypto world I have a stupid question Wink

Do the coins gain interest in Paper Wallet, or do they need to be online?
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March 30, 2014, 11:41:04 AM
 #11299

3,984,211.85 MINT wagered in 3639 bets @ https://mintcoin-dice.com Smiley
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March 30, 2014, 11:51:24 AM
 #11300

cryptsy pump mintcoin started
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