btcB2
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March 31, 2014, 03:01:14 PM |
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Yeah that article needs to be completely rewritten. It's just an ad now  |
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bigchirv
Newbie
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Activity: 19
Merit: 0
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March 31, 2014, 03:11:18 PM |
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We are approaching 1 week since payouts in MINT were implemented on [Suspicious link removed] While I appreciate the new miners who have given us a shot and 'mined' some mint, the uptake isn't quite what I'd hoped for. In an effort to try and get things going, I received a total of 1,850,000 mint in bounties for implementation. If we can reach 300Mh/s in new hashrate that gets paid out in mint, and maintain it for at least 5 days, I'll give away all of it to random miners in the form of 3 prizes; 1mil, 600k, 250k. (personal hashrate will play no bearing on the prize winners, 10Mh/s or 300Kh/s, you'll have the same chance of winning).
I'll post updates here on hashrate status if warranted.
Happy Mining.
You already have 10 Mhs of mine running on HashCows. Thanks for implementing the MINT payments. Already got my 1st 265k MINT. Quick question: Does [Suspicious link removed] has a public API to work with? It would be interesting to know.  |
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deadmanwalking
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March 31, 2014, 03:12:26 PM |
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down 15%, is this ever going to break 20 again?
The multi pool blackcoin uses buys at a price way above market to artificially increase the price. This tricks people into putting money back into blackcoin. Once people realize blackcoin is a scam clonecoin, they'll put all that money into Mint, and we'll go far above 20. I hope that answers your question. |
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draco71
Member
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Activity: 84
Merit: 10
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March 31, 2014, 03:26:56 PM |
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down 15%, is this ever going to break 20 again?
The multi pool blackcoin uses buys at a price way above market to artificially increase the price. This tricks people into putting money back into blackcoin. Once people realize blackcoin is a scam clonecoin, they'll put all that money into Mint, and we'll go far above 20. I hope that answers your question. Not true. I mined with them and I received exactly the amount of expected coins according to the prices at that time. I would ask all of us to please calm down, it is not one coin vs the other because with that attitude both of them will go down at the end and people will start looking on more healthy communities. |
My heart belongs to RieCoin (RIC), my investments to BlackCoin (BC)
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drent301
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March 31, 2014, 03:29:01 PM |
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Maybe you can use the layout that the peercoin wiki uses and focus on the specific points that makes this coin so special: - Energy saving, green, evironmentally friendly! (big issue in the Bitcoin mining world, and the power of this coin) - The transition POW to POS. - Steady inflation. You can refer to the MINT official site, other Wiki's about altcoins and bitcoin and the exchange sites for a marketcap. It's kind of hard to find real, hard proof literature of altcoins. |
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deadmanwalking
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March 31, 2014, 03:34:23 PM |
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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.
Actually, it is one coin against another. Sorry to break that to naive people. 3 clones dead, 1 to go. If I'm on the board and see blackcoin trolls, they shall not pass. |
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sidhujag
Legendary
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Activity: 2044
Merit: 1005
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March 31, 2014, 03:38:24 PM |
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down 15%, is this ever going to break 20 again?
The multi pool blackcoin uses buys at a price way above market to artificially increase the price. This tricks people into putting money back into blackcoin. Once people realize blackcoin is a scam clonecoin, they'll put all that money into Mint, and we'll go far above 20. I hope that answers your question. Not true. I mined with them and I received exactly the amount of expected coins according to the prices at that time. I would ask all of us to please calm down, it is not one coin vs the other because with that attitude both of them will go down at the end and people will start looking on more healthy communities. Thing I hate about blackcoin is that they stole the source of the original multipool and ripped his name out of it according to original dev who told me... Not good. |
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draco71
Member
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Activity: 84
Merit: 10
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March 31, 2014, 03:44:41 PM |
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Actually, it is one coin against another. Sorry to break that to naive people. 3 clones dead, 1 to go. If I'm on the board and see blackcoin trolls, they shall not pass.
Fine. Even if I am naive, still you are not gaining something by lying to a trolling question. The real investors want to see clarity, honesty and potential. Not kids saying "mine is bigger than yours" ... |
My heart belongs to RieCoin (RIC), my investments to BlackCoin (BC)
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deadmanwalking
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March 31, 2014, 03:46:47 PM |
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Well, they like to steal things. They also like to make up fairy tales to trick innocent investors.
One poster(i won't condem the entire community)has some gullible people believing they will have a Visa\Mastercard with blackcoin's name on it.
Bitcoin, a coin worth billions has tried and failed to do this, large credit cards would not allow. Why would a large credit card company do something to draw attention to a competing payment system?
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drent301
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March 31, 2014, 03:51:05 PM |
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Blackcoin and Mintcoin are both good coins and have both positive points.
As an invester in mintcoin i realy like to see to make this a pure and informative forum.
Lets focus on building a strong coin and the rest will folow.
Keep on the good vibes!
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draco71
Member
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Activity: 84
Merit: 10
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March 31, 2014, 03:52:26 PM |
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Blackcoin and Mintcoin are both good coins and have both positive points.
As an invester in mintcoin i realy like to see to make this a pure and informative forum.
Lets focus on building a strong coin and the rest will folow.
Keep on the good vibes!
+ 10000000000000000000000 That's the spirit !!!!!!!!!!!!!!!! |
My heart belongs to RieCoin (RIC), my investments to BlackCoin (BC)
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deadmanwalking
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March 31, 2014, 03:56:53 PM |
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Actually, it is one coin against another. Sorry to break that to naive people. 3 clones dead, 1 to go. If I'm on the board and see blackcoin trolls, they shall not pass.
Fine. Even if I am naive, still you are not gaining something by lying to a trolling question. The real investors want to see clarity, honesty and potential. Not kids saying "mine is bigger than yours" ... Right now, I could place a 1 BTC Buy at 5555 satoshi and move the price up by 100 satoshi. FACT. I'm sorry, but I am not lying. Blackcoin has an official multipool whose sole existence is to put buy pressure on the coin. It say so on their website. I understand some people hold both coins and would like to see them both prosper. Unfortunately that isn't how any marketplace works. Every coin out there is competing against the other, just like facebook and myspace, or Apple vs Samsung, etc.. This is the way capitalism works. |
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neilh
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March 31, 2014, 04:02:23 PM |
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down 15%, is this ever going to break 20 again?
The multi pool blackcoin uses buys at a price way above market to artificially increase the price. This tricks people into putting money back into blackcoin. Once people realize blackcoin is a scam clonecoin, they'll put all that money into Mint, and we'll go far above 20. I hope that answers your question. You really need to stop with the bullshit, every day you badmouth BC. And why would people jump from BC to Mint? there are many other PoS coins... HoboNickels, TEK, PeerCoin, PhilosopherStone, CacheCoin, UltraCoin and more! And what do you do, along with a few others in this thread. Constantly post that Mint is going to 100-500 sat or more, it hasn't even got back to the height when it was first released. But still you keep hyping it up, come back to earth bud. You're living in cloud-cuckoo land!
Thing I hate about blackcoin is that they stole the source of the original multipool and ripped his name out of it according to original dev who told me... Not good.
Why hasn't the original dev posted in the BC thread? if someone stole my code I'd be posting in there every day! The article on the BC site... http://www.blackcoin.co/statement/statement-regarding-the-blackcoin-multipool/ |
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neilh
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March 31, 2014, 04:05:09 PM |
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Actually, it is one coin against another. Sorry to break that to naive people. 3 clones dead, 1 to go. If I'm on the board and see blackcoin trolls, they shall not pass.
Fine. Even if I am naive, still you are not gaining something by lying to a trolling question. The real investors want to see clarity, honesty and potential. Not kids saying "mine is bigger than yours" ... Right now, I could place a 1 BTC Buy at 5555 satoshi and move the price up by 100 satoshi. FACT. I'm sorry, but I am not lying. Blackcoin has an official multipool whose sole existence is to put buy pressure on the coin. It say so on their website. I understand some people hold both coins and would like to see them both prosper. Unfortunately that isn't how any marketplace works. Every coin out there is competing against the other, just like facebook and myspace, or Apple vs Samsung, etc.. This is the way capitalism works. So what's the multipool for Mint doing then? |
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drent301
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March 31, 2014, 04:05:59 PM |
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Yes, It's true. You can artificial pump a price...
But that will get you killed in the long term!
We will reach the high satoshi by slowly building a strong platform. Think months, years...
I'd rather invest in a very undervalued coin, than a coin that keeps its price artificial high.
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mgburks77
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March 31, 2014, 04:12:37 PM |
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Actually, it is one coin against another. Sorry to break that to naive people. 3 clones dead, 1 to go. If I'm on the board and see blackcoin trolls, they shall not pass.
Fine. Even if I am naive, still you are not gaining something by lying to a trolling question. The real investors want to see clarity, honesty and potential. Not kids saying "mine is bigger than yours" ... Right now, I could place a 1 BTC Buy at 5555 satoshi and move the price up by 100 satoshi. FACT. I'm sorry, but I am not lying. Blackcoin has an official multipool whose sole existence is to put buy pressure on the coin. It say so on their website. I understand some people hold both coins and would like to see them both prosper. Unfortunately that isn't how any marketplace works. Every coin out there is competing against the other, just like facebook and myspace, or Apple vs Samsung, etc.. This is the way capitalism works. That's exactly why we need to keep working on those features that objectively increase fundamental value, such as new exchanges, merchants, the android wallet, marketing, and charity funds. There is a window of opportunity currently open for one alt coin to become a legitimate competitor with BTC and be the first crypto to acheive mass adoption. I want to see that be MINT. I think the energy saving PoS minting process that allows anyone with a regular computer to mint coins makes MINT a good candidate to take this spot. When we have the revolutionary PoS android wallet that will put us over the top. There is no other serious competition really. BTC is vastly over valued and technically irrelevant already because of the specialized equipment necessary and the energy waste. |
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deadmanwalking
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March 31, 2014, 04:15:13 PM
Last edit: March 31, 2014, 04:31:21 PM by deadmanwalking |
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Actually, it is one coin against another. Sorry to break that to naive people. 3 clones dead, 1 to go. If I'm on the board and see blackcoin trolls, they shall not pass.
Fine. Even if I am naive, still you are not gaining something by lying to a trolling question. The real investors want to see clarity, honesty and potential. Not kids saying "mine is bigger than yours" ... Right now, I could place a 1 BTC Buy at 5555 satoshi and move the price up by 100 satoshi. FACT. I'm sorry, but I am not lying. Blackcoin has an official multipool whose sole existence is to put buy pressure on the coin. It say so on their website. I understand some people hold both coins and would like to see them both prosper. Unfortunately that isn't how any marketplace works. Every coin out there is competing against the other, just like facebook and myspace, or Apple vs Samsung, etc.. This is the way capitalism works. So what's the multipool for Mint doing then? Mint's multipool was funded by the community and is not official. It would take a 9 BTC buy just to move the price of Mint 1 satoshi. To answer your other question of why would people buy Mint instead of other coins? Because it pay's 20% annual interest and a person can gain coins without mining equipment. Mint community members are very focused on building long term infrastructure. We also have many merchants, and will be added to Vault of Satoshi in April. This is important because VOS is one of the only regulated exchanges out there. |
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mgburks77
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March 31, 2014, 04:17:30 PM |
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The Android wallet represents an open field run through a wide open hole in the other teams line. If we get it MINT will become top dog.
The thing holding BTC back from mass adoption is specialized equipment. Imagine if anyone can MINT on their android device. Mass adoption!!!!
What's it going to take to get this initiative going?
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