[ANN] [MINT] Mintcoin (POS / 5%) [NO ICO] [Fair distro, community maintained]

[sakkosekk]

You'd think pricing would go up once the halving took place, but it looks like the driving force to bring the price down is stronger than that.

Basically there are too many coins being dumped right now. The concept is great, but too many dumpers is crashing the price. There's no scarcity yet so unless people buy up all those coins then I may as well sell now too, because there won't be enough buy volume for it to recover.

I think it will take at least a few weeks for prices to go up.

That is what I am hoping block halving will help us with. The short PoW will be the rise or fall of MINT, I am holding.

[ghibly79]

You'd think pricing would go up once the halving took place, but it looks like the driving force to bring the price down is stronger than that.

Basically there are too many coins being dumped right now. The concept is great, but too many dumpers is crashing the price. There's no scarcity yet so unless people buy up all those coins then I may as well sell now too, because there won't be enough buy volume for it to recover.

I think it will take at least a few weeks for prices to go up.

It's ok: more cheap coins now and more dumb miners screwed later

Also buy volume is pretty good for a coin launched 6 days ago: 11+ btc buy wall at 4 on an exchange unknown to mankind xD

mining this coin is no more profitable

False, actually is still more profitable than Doge even at 4 satoshi which is ridicously low (50% more profitable than dodge).

[superresistant]

This coin has lost 50% of its value in 24 hours. Explain this.

[ghibly79]

It went from 5 sat to 4 on a newly opened exchange, looks like 25% to me. Explanation: dumb miners dumping at any price xD But soon won't be profitable to do this anymore.

Also: sell orders at 5 are shrinking, while buy orders at 4 are growing.

[jsgh]

Screw all of the pools I've been on.  Got scammed over at hashrapid out of 400k, now I switch to coins4everyone and its been down, and now they raise the threshold for withdrawls to 100k? wtf?  I guess a bunch of fisherprice admins run these mint pools. 

Go here and withdrawal http://162.243.4.85
I thought that I had lost 2mil but they were still there I think hes just busy

We're you able to do a manual withdrawal?  I tried, but it hasn't processed after many hours.

[superresistant]

It went from 5 sat to 4 on a newly opened exchange, looks like 25% to me. Explanation: dumb miners dumping at any price xD But soon won't be profitable to do this anymore.
Also: sell orders at 5 are shrinking, while buy orders at 4 are growing.

Why they don't hold it ? Miners clearly don't believe in that coin.

I'll wait for it to go down before buying any. It is now a 4 but it could go down if a massive dump happen.

[matoy]

-> Come on to http://mnt.coins4everyone.com!

Still with 0% fee on MintCoin mining.
Absolute 0 fee (including Auto & Manual payments).

To get plenty of coins, just point your miners to:
Stratum: stratum+tcp://mnt.coins4everyone.com
Port: 3445
Algorithm: scrypt
Username: Weblogin.Worker
Password: Worker Password

Benefits of Mining @ coins4everyone.com:
* based in Europe
* dedicated servers w/redundancy, DDoS protection
* 0% fee
* pplns
* nice & caring support
* trustworthy & skilled admins

Come on, we need more hash power! ;-)

[superresistant]

What are the devs planning to do with that coin ?

If it's a pump & dump scheme + PoS with inflation, the value will go down to zero.

Without innovation, you can't compete with Nxt, eMunie, XCP.

Without being an Internet celebrity, you can't compete with Doge & Maxcoin.

[DaytonC]

Screw all of the pools I've been on.  Got scammed over at hashrapid out of 400k, now I switch to coins4everyone and its been down, and now they raise the threshold for withdrawls to 100k? wtf?  I guess a bunch of fisherprice admins run these mint pools. 

Go here and withdrawal http://162.243.4.85
I thought that I had lost 2mil but they were still there I think hes just busy

We're you able to do a manual withdrawal?  I tried, but it hasn't processed after many hours.

I was able to do a manual withdrawal from the old server last night.  Had to wait for about 10 mins. before it arrived.

Anyone got any payouts from blocks 11353 up to 12035 ?  Looks like the pool owner kept the coins for himself.  I would not be saying this, but the same thing happened to his COINO pool last week while he was "upgrading" the server.

[jed15]

Why they don't hold it ? Miners clearly don't believe in that coin.

How many exchanges have it and what are the perceived notions about those exchanges?

I think that has something to do with it.

[ghibly79]

It went from 5 sat to 4 on a newly opened exchange, looks like 25% to me. Explanation: dumb miners dumping at any price xD But soon won't be profitable to do this anymore.
Also: sell orders at 5 are shrinking, while buy orders at 4 are growing.

Why they don't hold it ? Miners clearly don't believe in that coin.

I'll wait for it to go down before buying any. It is now a 4 but it could go down if a massive dump happen.

Most miners just set to autosell. The coin is on few a barely known exchanges. Buy demand is withstanding pretty well under these conditions, imho.

[snipsnoop]

Screw all of the pools I've been on.  Got scammed over at hashrapid out of 400k, now I switch to coins4everyone and its been down, and now they raise the threshold for withdrawls to 100k? wtf?  I guess a bunch of fisherprice admins run these mint pools. 

Go here and withdrawal http://162.243.4.85
I thought that I had lost 2mil but they were still there I think hes just busy

We're you able to do a manual withdrawal?  I tried, but it hasn't processed after many hours.

I was able to do a manual withdrawal from the old server last night.  Had to wait for about 10 mins. before it arrived.

Anyone got any payouts from blocks 11353 up to 12035 ?  Looks like the pool owner kept the coins for himself.  I would not be saying this, but the same thing happened to his COINO pool last week while he was "upgrading" the server.

Well personally for me there is 2.5mill missing somewhere. Could be more.. I was hashing away at 25k and should have had at least another 2-3 mill out. (Should have been even more if poxy server was not offline for a period of time)

[ghibly79]

Missing some 50k myself from old hashrapid server. But meh.

[bizzargin]

Anyone have details of the block halving?   is it based on time or block number?

[sacskate]

Missing some 50k myself from old hashrapid server. But meh.

Go here to get them
http://162.243.4.85

[racejs]

Recall: you can get 10000 MINT by liking our page on Facebook and post your address there.

Thank you very much, received coins as promised!

[racejs]

Everyone is so inside the mining process. Do you ever think about how this coin will keep up for next weeks?
Or will it be the next pump and dump coin?

[SkillRoad]

Screw all of the pools I've been on.  Got scammed over at hashrapid out of 400k, now I switch to coins4everyone and its been down, and now they raise the threshold for withdrawls to 100k? wtf?  I guess a bunch of fisherprice admins run these mint pools. 

10k for minium withdraw is ok , but they have my coins there!!!

[mintcointeam]

Keep mining people! This coin is way undervalued at the moment but this is not a surprise at all, given the distribution mode we have chosen. In four weeks, things will be very different. We have a long term vision, we are ambitious, we really want this coin to succeed. We are working hard on it and this is just the beginning...

[nickenburg]

I liked the facebook page my adress: Mfio3kkRuyKFtiaN3qQ2RCrW1fkd8GaSxM