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Author Topic: [ANN] [MINT] Mintcoin (POS / 5%) [NO ICO] [Fair distro, community maintained]  (Read 1343056 times)
TookDk
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April 13, 2014, 07:01:54 PM
 #13101

I was just wondering; how come has Blackcoin got so much success lately and MINT is still low in price? Does anybody have an opinion about that?

Cryptography is one of the few things you can truly trust.
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April 13, 2014, 07:02:48 PM
 #13102

Mintcoin Referral Links.... Ill click yours if you click mine? Smiley   Or the next person down can add theirs, the next person clicks that, adds theirs... so on.  Whatever.... just thought we could keep it friendly...

http://mintcoin.cyanrainbow.com/?id=2070

Good idea  Smiley  here's mine - http://mintcoin.cyanrainbow.com/?id=25

Unless someone didnt do mine, it doesn't appear that you get notification of a referral link being clicked.  So the next person to post their should probably clarify who's link they used just to make sure we dont skip someone down the line when we get a bunch of posts in between referral links.  Or maybe we should start a new thread somewhere?  IDK up to you guys.  Not like we're talking big money here! lol
stormia
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April 13, 2014, 07:05:39 PM
 #13103

I was just wondering; how come has Blackcoin got so much success lately and MINT is still low in price? Does anybody have an opinion about that?

Well, BC has 1% interest so there is much less sell pressure. Mint currently has 20% interest so there is more sell pressure. But as navarthelol pointed out above this higher interest leads to greater stability which is great for utility, and because of the 20% annual interest rate you would still make 20% annual ROI even if the price were to stay the same (and I am confident that the price will only go up in due time).
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April 13, 2014, 07:12:51 PM
 #13104

I was just wondering; how come has Blackcoin got so much success lately and MINT is still low in price? Does anybody have an opinion about that?

Well, BC has 1% interest so there is much less sell pressure. Mint currently has 20% interest so there is more sell pressure. But as navarthelol pointed out above this higher interest leads to greater stability which is great for utility, and because of the 20% annual interest rate you would still make 20% annual ROI even if the price were to stay the same (and I am confident that the price will only go up in due time).

I have another noob question, how often do you need to do the minting, in order to get your interest.
Do you need to have the wallet open and staking all the time, or can you e.g. open it once a week?

Cryptography is one of the few things you can truly trust.
Kergekoin
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April 13, 2014, 07:13:49 PM
 #13105

I was just wondering; how come has Blackcoin got so much success lately and MINT is still low in price? Does anybody have an opinion about that?

Blackcoin is having exactly the same period which Mintcoin had earlier. In long term view, price of one coin is absolutely irrelevant factor. Price stability is the most important one.
Why do you think all merchants are extremely cautious towards bitcoin? Because its volatility.
Good payment instrument must be stable. Until bitcoin stays volatile, it will not get widely used.
Beaverslayer
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April 13, 2014, 07:15:08 PM
 #13106

I was just wondering; how come has Blackcoin got so much success lately and MINT is still low in price? Does anybody have an opinion about that?

My opinion on it is this: Blackcoin prices are being manipulated to a very great extent, by an elite group of people who hold large amounts of Blackcoin. They are pumping it extremely well organized and are causing an effect that brings in people because of the hype.

If you look at the trades of BC, you will notice very few are for over 1 BTC, most trades are for on average 0.03 BTC, and every now and again you'll see the odd 2 or 3 BTC jump in and sell. This is very well orchestrated I believe, and once the big bag holders have made huge amounts of profits, you're going to see BC drop like a lead balloon with rocks tied to it.

There is nothing that BC has that can sustain such an increase in price in such a short amount of time. Even the CoinKite thing will not take effect for a few more months.

Yesterday on Twitter, Moolah announced that they would not be implementing BC into their platforms other than the Prelude trading platform. A bunch of BC people started to Tweet about this, so Moolah then said if BC could raise their volume on Prelude to 50BTC then they would implement BC on all of their platforms. Well BC people put the word out, and withing hours they had increased the volume to over 50BTC. Very well orchestrated....

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April 13, 2014, 07:18:17 PM
 #13107


I have another noob question, how often do you need to do the minting, in order to get your interest.
Do you need to have the wallet open and staking all the time, or can you e.g. open it once a week?


You only have to open it every now and again. You can look and see when your oldest coins were deposited into your wallet, add 20 days to that date, and then open your wallet for a few days until it mints.
TookDk
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April 13, 2014, 07:20:38 PM
 #13108


I have another noob question, how often do you need to do the minting, in order to get your interest.
Do you need to have the wallet open and staking all the time, or can you e.g. open it once a week?


You only have to open it every now and again. You can look and see when your oldest coins were deposited into your wallet, add 20 days to that date, and then open your wallet for a few days until it mints.

What is the common practice for minting? What do you guys to, have it open all the time, or just make the minting once in a while.
What if you don't open your wallet for a 1/2 year, will you still get your interest retrospectively?

Cryptography is one of the few things you can truly trust.
moderndezigns
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April 13, 2014, 07:21:00 PM
 #13109

I was just wondering; how come has Blackcoin got so much success lately and MINT is still low in price? Does anybody have an opinion about that?

My opinion on it is this: Blackcoin prices are being manipulated to a very great extent, by an elite group of people who hold large amounts of Blackcoin. They are pumping it extremely well organized and are causing an effect that brings in people because of the hype.

If you look at the trades of BC, you will notice very few are for over 1 BTC, most trades are for on average 0.03 BTC, and every now and again you'll see the odd 2 or 3 BTC jump in and sell. This is very well orchestrated I believe, and once the big bag holders have made huge amounts of profits, you're going to see BC drop like a lead balloon with rocks tied to it.

There is nothing that BC has that can sustain such an increase in price in such a short amount of time. Even the CoinKite thing will not take effect for a few more months.

Yesterday on Twitter, Moolah announced that they would not be implementing BC into their platforms other than the Prelude trading platform. A bunch of BC people started to Tweet about this, so Moolah then said if BC could raise their volume on Prelude to 50BTC then they would implement BC on all of their platforms. Well BC people put the word out, and withing hours they had increased the volume to over 50BTC. Very well orchestrated....



It looks like it has topped out. The cost of pumping at this point would be greater than returns. Look at the sell orders on the market in the past the large sell numbers were fake and would be pulled but now I think there are some smart people making money but this is just my opinion.
Kergekoin
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April 13, 2014, 07:21:10 PM
 #13110


I have another noob question, how often do you need to do the minting, in order to get your interest.
Do you need to have the wallet open and staking all the time, or can you e.g. open it once a week?


You only have to open it every now and again. You can look and see when your oldest coins were deposited into your wallet, add 20 days to that date, and then open your wallet for a few days until it mints.

Get wallet online once per month. Pretty much ideal.
stormia
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April 13, 2014, 07:21:28 PM
 #13111

I was just wondering; how come has Blackcoin got so much success lately and MINT is still low in price? Does anybody have an opinion about that?

Blackcoin is having exactly the same period which Mintcoin had earlier. In long term view, price of one coin is absolutely irrelevant factor. Price stability is the most important one.
Why do you think all merchants are extremely cautious towards bitcoin? Because its volatility.
Good payment instrument must be stable. Until bitcoin stays volatile, it will not get widely used.

+1000. And not just merchants, but consumers too. Who wants to spend their coin on something if the next day its price might jump 20-100+%?
TookDk
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April 13, 2014, 07:28:32 PM
 #13112

I was just wondering; how come has Blackcoin got so much success lately and MINT is still low in price? Does anybody have an opinion about that?

Blackcoin is having exactly the same period which Mintcoin had earlier. In long term view, price of one coin is absolutely irrelevant factor. Price stability is the most important one.
Why do you think all merchants are extremely cautious towards bitcoin? Because its volatility.
Good payment instrument must be stable. Until bitcoin stays volatile, it will not get widely used.

+1000. And not just merchants, but consumers too. Who wants to spend their coin on something if the next day its price might jump 20-100+%?

Allright, just got 1.5 mil of MINT @14, seams like a great price Smiley

Cryptography is one of the few things you can truly trust.
stormia
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April 13, 2014, 07:32:41 PM
 #13113

I was just wondering; how come has Blackcoin got so much success lately and MINT is still low in price? Does anybody have an opinion about that?

Blackcoin is having exactly the same period which Mintcoin had earlier. In long term view, price of one coin is absolutely irrelevant factor. Price stability is the most important one.
Why do you think all merchants are extremely cautious towards bitcoin? Because its volatility.
Good payment instrument must be stable. Until bitcoin stays volatile, it will not get widely used.

+1000. And not just merchants, but consumers too. Who wants to spend their coin on something if the next day its price might jump 20-100+%?

Allright, just got 1.5 mil of MINT @14, seams like a great price Smiley

Welcome aboard Smiley
stormia
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April 13, 2014, 07:36:16 PM
 #13114


I have another noob question, how often do you need to do the minting, in order to get your interest.
Do you need to have the wallet open and staking all the time, or can you e.g. open it once a week?


You only have to open it every now and again. You can look and see when your oldest coins were deposited into your wallet, add 20 days to that date, and then open your wallet for a few days until it mints.

What is the common practice for minting? What do you guys to, have it open all the time, or just make the minting once in a while.
What if you don't open your wallet for a 1/2 year, will you still get your interest retrospectively?

I open mine every two days or so, mainly because I have been putting Mint into my wallet at irregular intervals so I've given up on keeping track of all of my coinage. I believe, since coinage is built on the blockchain whether or not your wallet is online, you could open your wallet only once a year and still receive 20% interest (as long as you left it open long enough to find enough PoS blocks). The only thing you would miss out on is compounded interest.
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April 13, 2014, 07:43:03 PM
 #13115

Mintcoin Referral Links.... Ill click yours if you click mine? Smiley   Or the next person down can add theirs, the next person clicks that, adds theirs... so on.  Whatever.... just thought we could keep it friendly...

http://mintcoin.cyanrainbow.com/?id=2070

Good idea  Smiley  here's mine - http://mintcoin.cyanrainbow.com/?id=25

Unless someone didnt do mine, it doesn't appear that you get notification of a referral link being clicked.  So the next person to post their should probably clarify who's link they used just to make sure we dont skip someone down the line when we get a bunch of posts in between referral links.  Or maybe we should start a new thread somewhere?  IDK up to you guys.  Not like we're talking big money here! lol

I just did yours - didn't earlier, because I had already done it before I read your post. Check your balance - I had 2 Mint there, so I guess someone clicked mine.  Smiley
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April 13, 2014, 07:51:06 PM
 #13116

Just upgrading my wallet to 1.8. I backed up wallet.dat and its currently syncing. I have well over 2million coins but for some reason its only showing I have 990 coins? Backed up, replaced the file too. What the hell is this all about. Seems weird not had this problem before
stormia
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April 13, 2014, 07:58:15 PM
 #13117

Just upgrading my wallet to 1.8. I backed up wallet.dat and its currently syncing. I have well over 2million coins but for some reason its only showing I have 990 coins? Backed up, replaced the file too. What the hell is this all about. Seems weird not had this problem before

Once you have finished downloading the blockchain it will show the correct amount of coins. Were you upgrading from 1.7 or a previous wallet?
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April 13, 2014, 07:59:25 PM
 #13118

Just upgrading my wallet to 1.8. I backed up wallet.dat and its currently syncing. I have well over 2million coins but for some reason its only showing I have 990 coins? Backed up, replaced the file too. What the hell is this all about. Seems weird not had this problem before

Until it has completely synced to the network, all your coins wont show up until the block they were mined/minted in has been synced.

Once your wallet is completely synced, all your Mint will be there.
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April 13, 2014, 08:00:42 PM
 #13119


I have another noob question, how often do you need to do the minting, in order to get your interest.
Do you need to have the wallet open and staking all the time, or can you e.g. open it once a week?


You only have to open it every now and again. You can look and see when your oldest coins were deposited into your wallet, add 20 days to that date, and then open your wallet for a few days until it mints.

What is the common practice for minting? What do you guys to, have it open all the time, or just make the minting once in a while.
What if you don't open your wallet for a 1/2 year, will you still get your interest retrospectively?
Max coin age is 40 days so you need to open it before 40 days to recieve all interest. And have it opened until your coins have staked.

Edit:
I allways have it open when my computer is running (8-12 hours a day) and it mints like 2-3 times every hour

Mintcoin: MsFGc9atNN6DddEsQHiq7MgDieoSLwtmg5
InformationCoin: Je4ZhmQBSd68oZ7CeXWMrWEsyprTXAVFuX
coolbeans94
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April 13, 2014, 08:14:31 PM
 #13120

I was just wondering; how come has Blackcoin got so much success lately and MINT is still low in price? Does anybody have an opinion about that?

Blackcoin was 99% instamined!!!

During their 1 week distribution period, the entire money supply was almost entirely unminable by average miners, as they "rented all the hashpower" over their 1-week distribution period. They have been manipulating the trading volume and price ever since because they own 99% of the money supply.

Only the fools who are lured in by charts, volume and price, but don't know the history...

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