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Author Topic: [ANN] [MINT] Mintcoin (POS / 5%) [NO ICO] [Fair distro, community maintained]  (Read 1312588 times)
sidhujag
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May 25, 2014, 11:38:06 AM
 #14821

Premine address is now empty and no one cares about it. Previous bag holders already dumped all their coins.

If its empty thats actually a good thing... any proof of this?

The problem is, they just redistribute to many multiple wallets to disguise what their intentions are. At this point it would be very difficult to tell.

There are similarities to Mint (and many cryptos) with the penny stock market.

Developer (promoter) builds the story, gets a group of insiders to provide fuel (excitement) in the forums while the price is rising, once the steam runs out, the insiders (and their cheerleaders in the forum) slowly wind things down while the price drops. They provide some buying support (market making) so the price doesn't crash.

After a quiet period and an eventual bottoming of the crypto/stock, they start winding things back up, member/cheerleaders reappear on the boards, big news stories and they even kick start the promotion with some buying.

It is what it is, you can't change the game. The only way to beat a developer/promoter at the game is to buy cheap, preferably as close to their actual cost was to set up and run the crypto/stock/game.

Then you wait.....I've waited years in some cases. If you're not prepared to wait, don't play the game.



Its nothing like the stock market. You cant develop open source software to help your stock.
Ie I help devcoin by creating a new business which devcoin funds and I give profits back to devcoin..

Its devcoinauctions.com. Now instantly devcoin is worth more. You can get off your ass and do something
about it instead of cheerlead. This is where open source wins. So if your project is not open source it will probably dwindle

I would have to agree/disagree, many small public companies develop projects that add value, exactly the same as projects that help add value to a coin. But my point is, MOST cryptos and MOST penny stock companies never amount to anything and there is often an underlying group of people using them to simply generate some "easy" money, without creating any true value at all.

If your money is tied up with them, best to understand the rules of the game.

Agree but takes alot more effortto setup a small business to help your penny stock no? Never even heard of this... except with this all u need is a computer and some drive.

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For more visit Syscoin.org  ★☆★
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sidhujag
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May 25, 2014, 11:39:08 AM
 #14822

Premine address is now empty and no one cares about it. Previous bag holders already dumped all their coins.

If its empty thats actually a good thing... any proof of this?

The problem is, they just redistribute to many multiple wallets to disguise what their intentions are. At this point it would be very difficult to tell.

There are similarities to Mint (and many cryptos) with the penny stock market.

Developer (promoter) builds the story, gets a group of insiders to provide fuel (excitement) in the forums while the price is rising, once the steam runs out, the insiders (and their cheerleaders in the forum) slowly wind things down while the price drops. They provide some buying support (market making) so the price doesn't crash.

After a quiet period and an eventual bottoming of the crypto/stock, they start winding things back up, member/cheerleaders reappear on the boards, big news stories and they even kick start the promotion with some buying.

It is what it is, you can't change the game. The only way to beat a developer/promoter at the game is to buy cheap, preferably as close to their actual cost was to set up and run the crypto/stock/game.

Then you wait.....I've waited years in some cases. If you're not prepared to wait, don't play the game.



Its nothing like the stock market. You cant develop open source software to help your stock.
Ie I help devcoin by creating a new business which devcoin funds and I give profits back to devcoin..

Its devcoinauctions.com. Now instantly devcoin is worth more. You can get off your ass and do something
about it instead of cheerlead. This is where open source wins. So if your project is not open source it will probably dwindle

Nice site!

Is it all custom software or have you used a script to wok from?

Its basically all custom although i started from a base but I changed it so much that really its all new.

★☆★Syscoin - Decentralized Marketplace and Multisig Platform
Pay with Bitcoin, ZCash and many more
For more visit Syscoin.org  ★☆★
bri912678
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May 25, 2014, 11:57:46 AM
 #14823

question 2 : can someone explain the difference from IRC seeding in comparison with DNS seeding? i saw it merged in GitHub per 15 may 2014 (Enabled DNS seeding by default, added 1 DNS seed)
IRC seeding works by mint client connecting to an IRC channel, sees all online mint clients' addresses, and tries connecting to them randomly. Some peers may reject connections, etc. It takes a while to get an initial connection to the network (especially for new users)

DNS seeding works by mint client resolving a DNS address. DNS query returns a list of 15-20 "best" IP addresses to connect to. Client connects to any of them and it succeeds.

There is a DNS seeder that is running and traversing network all the time. It keeps track of which nodes have the best uptime, their blockchain position, etc. When anyone queries the seeder, it returns a random list of best nodes it knows about.


Thanks for your explanation of DNS seeding. I only had a very sketchy understanding of how it worked until I read your post.
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May 25, 2014, 12:00:18 PM
 #14824

question 2 : can someone explain the difference from IRC seeding in comparison with DNS seeding? i saw it merged in GitHub per 15 may 2014 (Enabled DNS seeding by default, added 1 DNS seed)
IRC seeding works by mint client connecting to an IRC channel, sees all online mint clients' addresses, and tries connecting to them randomly. Some peers may reject connections, etc. It takes a while to get an initial connection to the network (especially for new users)

DNS seeding works by mint client resolving a DNS address. DNS query returns a list of 15-20 "best" IP addresses to connect to. Client connects to any of them and it succeeds.

There is a DNS seeder that is running and traversing network all the time. It keeps track of which nodes have the best uptime, their blockchain position, etc. When anyone queries the seeder, it returns a random list of best nodes it knows about.


This is interesting. Do you mean that what the mintcoin's peer searching is by connecting the irc channel or by resolving the name cache server?

Coin Revolution
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May 25, 2014, 01:39:21 PM
 #14825

This is interesting. Do you mean that what the mintcoin's peer searching is by connecting the irc channel or by resolving the name cache server?
It was only IRC. It's now both.

MINT: MdPQhsGufjm5AXYkHebbnF2A155xDqVfK7
Jeff Jefferson
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May 25, 2014, 01:53:57 PM
 #14826

guys, beside the android wallet is anything going on? any PR campaigns? what is/are the devs up to? any thoughts on adding anonymity features? they seem to be fancy right now.
RoyalSands
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May 25, 2014, 02:08:41 PM
 #14827

Can someone tell me the max stake age?  I don't see it in the OP, thanks.

Yeah, so I have wallet v1.9.1 and it is always open yet I have coins from March 6th and April 14th that still have not staked.  All the other coins are staking fine.  And I'm not a complete moron but I most definitely did not read this entire thread. 

Can someone tell me the max stake age

Bonus: Why do I have coins from 3/6 and 4/14 that haven't staked yet?
skeem
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May 25, 2014, 03:34:15 PM
 #14828

Can someone tell me the max stake age?  I don't see it in the OP, thanks.

Yeah, so I have wallet v1.9.1 and it is always open yet I have coins from March 6th and April 14th that still have not staked.  All the other coins are staking fine.  And I'm not a complete moron but I most definitely did not read this entire thread. 

Can someone tell me the max stake age

Bonus: Why do I have coins from 3/6 and 4/14 that haven't staked yet?

try using coin control features to merge several small amounts of coin(Send several small as one big to yourself). But you have to wait another 20 days.

Coin Revolution
paspi
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May 25, 2014, 05:38:00 PM
 #14829

Can someone tell me the max stake age?  I don't see it in the OP, thanks.

Yeah, so I have wallet v1.9.1 and it is always open yet I have coins from March 6th and April 14th that still have not staked.  All the other coins are staking fine.  And I'm not a complete moron but I most definitely did not read this entire thread. 

Can someone tell me the max stake age

Bonus: Why do I have coins from 3/6 and 4/14 that haven't staked yet?
Staking is a stochastic process. It may, it may not. Amount of coins in the transaction increase your chances.

Minimum required time is 20 days, there is no max time to generate a stake, but your interest won't increase after 40 days.

Your amounts in the transaction might be too low, it may be better to merge them into a single bigger transaction (and wait 20 days), or just use them when you're paying something.

MINT: MdPQhsGufjm5AXYkHebbnF2A155xDqVfK7
MarSas
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May 25, 2014, 05:42:26 PM
 #14830

Maybe it has to do with size. My smallest mined amount is 1.272328.
ranlo
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May 25, 2014, 06:06:03 PM
 #14831

Can someone tell me the max stake age?  I don't see it in the OP, thanks.

Yeah, so I have wallet v1.9.1 and it is always open yet I have coins from March 6th and April 14th that still have not staked.  All the other coins are staking fine.  And I'm not a complete moron but I most definitely did not read this entire thread. 

Can someone tell me the max stake age

Bonus: Why do I have coins from 3/6 and 4/14 that haven't staked yet?

Keep in mind that the number of coins in a transaction impact its "weight" (ie. number of entries into the lottery). It's basically like the hash rate, to equate it to something.

Also, you are playing the lottery when staking. I've had transactions on other coins (with 1-day waits) that take weeks to stake and others that stake as soon as they hit the cap. It's all random.

I'd suggest merging the amounts not being staked, though, just to give them more weight/priority.


 
 

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 




















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qwizzie
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May 25, 2014, 06:41:44 PM
 #14832

question 2 : can someone explain the difference from IRC seeding in comparison with DNS seeding? i saw it merged in GitHub per 15 may 2014 (Enabled DNS seeding by default, added 1 DNS seed)
IRC seeding works by mint client connecting to an IRC channel, sees all online mint clients' addresses, and tries connecting to them randomly. Some peers may reject connections, etc. It takes a while to get an initial connection to the network (especially for new users)

DNS seeding works by mint client resolving a DNS address. DNS query returns a list of 15-20 "best" IP addresses to connect to. Client connects to any of them and it succeeds.

There is a DNS seeder that is running and traversing network all the time. It keeps track of which nodes have the best uptime, their blockchain position, etc. When anyone queries the seeder, it returns a random list of best nodes it knows about.


thanks for your reply.

qwizzie

Learn from the past, set vivid, detailed goals for the future, and live in the only moment of time over which you have any control: now
omahapoker
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May 25, 2014, 06:42:25 PM
 #14833

good time to but MINT, i will
DougB62
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May 25, 2014, 07:57:25 PM
 #14834

Maybe it has to do with size. My smallest mined amount is 1.272328.

My smallest mined amount:

sixteendigits
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May 25, 2014, 08:58:27 PM
 #14835

Yikes, I can honestly say my faith is a bit shaken.  I have never seen a coin rise this far, this fast, build such a large community, and then bam!  Straight down.  It's like someone slammed on the brakes and never let off them.

This is MINT.  This is the coin that started the entire PoS craze!

Oh well, I don't dump, I have been buying a few million here, a few million there, and sending them to my wallet to stake since MINT dropped under 20 satoshis, so I may as well scoop up a few million more and go down with the ship if I must.

Hope we see some life back in good old MINT one of these days.
DougB62
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May 25, 2014, 09:29:17 PM
 #14836

Yikes, I can honestly say my faith is a bit shaken.  I have never seen a coin rise this far, this fast, build such a large community, and then bam!  Straight down.  It's like someone slammed on the brakes and never let off them.

This is MINT.  This is the coin that started the entire PoS craze!

Oh well, I don't dump, I have been buying a few million here, a few million there, and sending them to my wallet to stake since MINT dropped under 20 satoshis, so I may as well scoop up a few million more and go down with the ship if I must.

Hope we see some life back in good old MINT one of these days.

It didn't help that it was intentionally steamrolled by a jealous dev from the beginning.

Even sadder than where the coin's value sits right now, is the lack of enthusiasm of this community. Lack of activity here will not help. I may start posting random facts or something (kidding, but...) just to keep the thread up front.

Activity folks! Let's not let this slide into obscurity!

I know the android wallet is coming, and that should increase awareness, but... let's have a chat-fest or something!  Grin
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May 26, 2014, 12:56:44 AM
 #14837

Yikes, I can honestly say my faith is a bit shaken.  I have never seen a coin rise this far, this fast, build such a large community, and then bam!  Straight down.  It's like someone slammed on the brakes and never let off them.

This is MINT.  This is the coin that started the entire PoS craze!

Oh well, I don't dump, I have been buying a few million here, a few million there, and sending them to my wallet to stake since MINT dropped under 20 satoshis, so I may as well scoop up a few million more and go down with the ship if I must.

Hope we see some life back in good old MINT one of these days.

It didn't help that it was intentionally steamrolled by a jealous dev from the beginning.

Even sadder than where the coin's value sits right now, is the lack of enthusiasm of this community. Lack of activity here will not help. I may start posting random facts or something (kidding, but...) just to keep the thread up front.

Activity folks! Let's not let this slide into obscurity!

I know the android wallet is coming, and that should increase awareness, but... let's have a chat-fest or something!  Grin

What do you mean steamrolled by a jealous dev? Interested since I've been in it from day 1.

BITCOIN: 13UY67yfRjRVMR6hauZJbauHiDfeM2qXSg
MINTCOIN: MdVzxTfLDrzdij9vpee1YJGotBahfsfmqs
ASIACOIN: AH7dunb5G99XzCNj1KnGCdPkqc27pRPfBu
vcoinminer0938
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May 26, 2014, 02:48:01 AM
 #14838

Wonder why dev don't put some revenues to stable MINT.
They earn a lot from their exchanges...
Because it's hopeless?
mgburks77
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May 26, 2014, 02:55:08 AM
 #14839

mint is in the wild now, it will either survive on it's merits or become worthless if it has no advantages over other cryptos.







blade87
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May 26, 2014, 03:02:42 AM
 #14840

Yikes, I can honestly say my faith is a bit shaken.  I have never seen a coin rise this far, this fast, build such a large community, and then bam!  Straight down.  It's like someone slammed on the brakes and never let off them.

This is MINT.  This is the coin that started the entire PoS craze!

Oh well, I don't dump, I have been buying a few million here, a few million there, and sending them to my wallet to stake since MINT dropped under 20 satoshis, so I may as well scoop up a few million more and go down with the ship if I must.

Hope we see some life back in good old MINT one of these days.

You guys should really make a combined effort to get your hash power on MINT and show there is buying power that can reverse your long term down trend. I offer MINT payouts on http://www.cryptoalts.com but mining support has been somewhat non-existent (http://cryptoalts.com/cointable/).

With your volume, something like 0.5-1BTC of buy pressure a day could really make a difference and set off a slow upward motion instead of losing 1 sat per week. I get there's Hashcows and other larger pools, but I always encourage BC miners to stay on BCP or use my pool. Because individually you are weak, but together you can be strong.
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