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Author Topic: [ANN] [MINT] Mintcoin (POS / 5%) [NO ICO] [Fair distro, community maintained]  (Read 1337151 times)
acceptance2
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July 16, 2014, 03:45:00 PM
 #15801

What if we had an awesome idea based on the MintCoin Fund that was supposed to bring awareness of the coin like no other idea before?
Wait...
but we HAVE that!

And this is not a fake announcement! We have already hinted at that several times!
https://twitter.com/MintcoinTeam/status/437175848912052224
https://twitter.com/MintcoinTeam/status/443597287798099968

Buy now or regret!

Sounds promising but when do you announce what this big idea is?

When the MintCoin Fund is registered. Mintcoin Fund will be the world's first legally-registered NGO for a crypto, there's a reason why!
Well, it's been over 6 weeks. We've all been patiently waiting for the reason why. Care to share?
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DougB62
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July 16, 2014, 04:59:42 PM
 #15802

What if we had an awesome idea based on the MintCoin Fund that was supposed to bring awareness of the coin like no other idea before?
Wait...
but we HAVE that!

And this is not a fake announcement! We have already hinted at that several times!
https://twitter.com/MintcoinTeam/status/437175848912052224
https://twitter.com/MintcoinTeam/status/443597287798099968

Buy now or regret!

Sounds promising but when do you announce what this big idea is?

When the MintCoin Fund is registered. Mintcoin Fund will be the world's first legally-registered NGO for a crypto, there's a reason why!
Well, it's been over 6 weeks. We've all been patiently waiting for the reason why. Care to share?

I agree - most of us here practice what I consider to be extreme patience. Patience is all well and good, but it would seem that you think we are all "saints" here (as in, "the patience of a...").

I posted a question directed to David Latapie back on July 8:

Hey David - any updates on the progress of the NGO?

After no response for a while, I noticed that he was participating as part of the dev team of another coin, so it's not like he's not been around:

Seems David may be a little busy on a new coin: https://bitcointalk.org/index.php?topic=678849.msg7695761#msg7695761

While there is nothing wrong with David being involved elsewhere, it does seem a little odd, and maybe somewhat disturbing, that he did not take the time to respond. Maybe he just didn't check this thread, I didn't PM him. But with what he is supposedly doing with the NGO, I would think he'd be somewhat interested in what's going on with MintCoin.

Yes - I would really like some sort of an update... please.
itchy_scratchy_tasty
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July 16, 2014, 05:27:04 PM
 #15803

David's always been involved with more than one coin and right now he seems to be putting quite a bit of time into Monero (really worth checking out - it's going to out compete any of the other 'anon' coins). I was a bit worried about the lack of news too, but I heard from cyrptomommy today that he's still pushing the fund through the final stages


Well, it's been over 6 weeks. We've all been patiently waiting for the reason why. Care to share?

I agree - most of us here practice what I consider to be extreme patience. Patience is all well and good, but it would seem that you think we are all "saints" here (as in, "the patience of a...").

I posted a question directed to David Latapie back on July 8:

Hey David - any updates on the progress of the NGO?

After no response for a while, I noticed that he was participating as part of the dev team of another coin, so it's not like he's not been around:

Seems David may be a little busy on a new coin: https://bitcointalk.org/index.php?topic=678849.msg7695761#msg7695761

While there is nothing wrong with David being involved elsewhere, it does seem a little odd, and maybe somewhat disturbing, that he did not take the time to respond. Maybe he just didn't check this thread, I didn't PM him. But with what he is supposedly doing with the NGO, I would think he'd be somewhat interested in what's going on with MintCoin.

Yes - I would really like some sort of an update... please.


David's always been involved with more than one coin and right now he seems to be putting quite a bit of time into Monero (really worth checking out - it's going to out-compete any of the other 'anon' coins). I was a bit worried about the lack of news too, but I heard from cyrptomommy today that he's working on the fund as we speak. Before he left for Brasil, he said that he would check back when he had news, so we're back to the issue of legal stuff taking time. I don't blame him for not coming back to update us on the lack of news until it's all finalised, and I don't imagine that the NGO stuff is all hands-on so it's reasonable to assume that he has spare time to work on other projects while it's going through.

But yeah, it's been a while and we're saints for waiting - just gotta hope that it's coming soon (in real world time, not cryptocurrency time)
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July 16, 2014, 06:51:49 PM
 #15804

David submitted the paperwork and it looks like we are now in a waiting period. It should take about a month before everything is finalized.
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July 16, 2014, 06:54:42 PM
 #15805

David submitted the paperwork and it looks like we are now in a waiting period. It should take about a month before everything is finalized.

Thanks for that, cryptomommy. I appreciate any news/updates at all. As I'm sure everyone here does!  Smiley
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July 16, 2014, 06:55:46 PM
 #15806

Absolutely - just connected with him this morning. We are almost ready to go.
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July 16, 2014, 11:37:09 PM
 #15807

We are in loss . God help us all !

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July 16, 2014, 11:41:17 PM
 #15808

^^OMG! The sky is falling!!!  Roll Eyes
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July 17, 2014, 03:45:52 AM
 #15809

I'm betting on mintcoin not needing another hard fork Roll Eyes I think it's good to go from 1.8 on baby, let the good times roll

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July 17, 2014, 09:29:51 AM
 #15810

Good news.

Mintcoin has been taken from .00000005 to .00000004 on two consecutive sell $.25 cent trades. (Mintpal)

Yes, the coin has been taken down, losing 20% of its value, on a $.25 cent trade. This has been happening a lot of late.

Why is this good news?

Because a substantial amount of the trading has been to purposely keep the price low.

Good time to buy  Wink me thinks.



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July 17, 2014, 12:39:40 PM
 #15811

Good news.

Mintcoin has been taken from .00000005 to .00000004 on two consecutive sell $.25 cent trades. (Mintpal)

Yes, the coin has been taken down, losing 20% of its value, on a $.25 cent trade. This has been happening a lot of late.

Why is this good news?

Because a substantial amount of the trading has been to purposely keep the price low.

Good time to buy  Wink me thinks.





Just went up 25% to 5 satoshi.

Mintcoin.pw - The Unofficial Mintcoin Forums!
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July 17, 2014, 12:55:16 PM
 #15812

MINT/BTC @ 1 liteoshi by 2015

You heard it here first.
acceptance2
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July 17, 2014, 01:36:43 PM
 #15813

Good news.

Mintcoin has been taken from .00000005 to .00000004 on two consecutive sell $.25 cent trades. (Mintpal)

Yes, the coin has been taken down, losing 20% of its value, on a $.25 cent trade. This has been happening a lot of late.

Why is this good news?

Because a substantial amount of the trading has been to purposely keep the price low.

Good time to buy  Wink me thinks.





Just went up 25% to 5 satoshi.

On an $.80 cent trade!!!!

Then down on almost a $25 trade.

Means nothing but fun to watch.
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July 18, 2014, 05:55:30 AM
 #15814

Manipulation such as the sale of 250 million Mint at an illiquid time period today is to make money for the manipulators that want here to cover their shorts and initiate to expand their long positions. That sale was a pure construct as there was no news to sustain the sell or to initiate it in the time span of its occurrence.

Long term cycles in Mint are in the process of turning long term positive. That is fact. There is a strong possibility that this is the last take down before Mint trades at a new highs. I feel this is the situation.

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July 18, 2014, 07:55:51 AM
 #15815

Based on what? Did dev finally release the news? Was is it this video that we waited weeks for while he hyped it? Others are working on decentralization features.. better learn to program or get left behind. Until some big dev news comes its not going anywhere.

How do you claim facts on a long term cycle when the market is only months old? Most professional traders consider cycles seasonal at shortest or monthly at extreme ends of the spectrum.. but long term cycle usually means years or decades.. not sure what cycles u are referring to.. however with no news and no development going on including a missing android wallet (that is so last year) not sure what kind of facts you rely on.

Maybe facts such as you need to dump your coins at breakeven because your underwater? Only facts you can use here are the ones you can generate by doing work to provide residual benefits to the community. Anything else and some people here can see right through.

Here is an explanation. The 250 million sale was simply someone giving up.. why would someone sell at 5 sats when its sat there for so long in order to accumulate lower when it is almost zero anyways? Lol that just sounds funny.

Usually accumulation will happen if there is room to move down at the expense of another ie dimon and gold at $1530 and the super sale of paper gold on comex open. How much movement down cam
be advantageous for this guy to accumulate at cheaper average to profit later? Only explanation is the dump is someone giving up.

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July 18, 2014, 08:48:42 AM
 #15816

Hey guys, MINT is being delisted from Bittrex... got any available roadmap so investors can check what's going on / going to happen?

PS: No, I didn't read the 400ish pages of the post Wink

Eth.
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July 18, 2014, 12:56:48 PM
 #15817

Since everyone else is speculating on the recent trading, I will too.

Since there wasn't 250,000,000 bid(ask) at .00000003, someone wasn't dumping into it.

And yet the sale was completed at .00000003.

It's much more likely someone wanted a 250,000,000 position and prearranged to have it filled. It's done all the time.

Of course the question to be answered, is not "who was selling" .

The question is, "who was buying AND WHY?".

And the best answers can be found looking at the Mintcoin Block-Explorer.

Yah just got to know what you're looking for....
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July 18, 2014, 06:42:45 PM
 #15818

Interested in showing your support for Mintcoin?
We now have official Mintcoin Social Banners for Twitter, Facebook, Google & Linkedin.

Download Here:
https://drive.google.com/folderview?id=0B37ue7qitYm1S0RxNHYwaGotRmM&usp=sharing and show your support for Mintcoin.

We're doing great things together - you should be proud!
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July 18, 2014, 07:02:25 PM
 #15819

I could be wrong, but this feels like the far recession of water from beaches just before a Tsunami wave comes in. I a gut hunch that we are seeing the contemplative period. When Mint languishes near ugly multi-month lows, extreme shorting is very bullish. The higher speculators shorts get, the more near-future buying they guarantee. 1 satoshi movement in Mintcoin equates to about $120,000 in value. So right now, speculators merely need to keep $6,000 in their account to effectively move & make the market. But this control is worth a whopping $120,000 worth in the value of the market cap. So this represents a leverage of an insane 20x the value of Mint! Imagine what one with more money could do. Just $30,000 invested would instantly double the market cap! In other words, if a whale invests $30,000 worth they will instantly get 100% ROI in value. If someone with $60,000 comes to play they would be leveraged 20x to $1.2MM.

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July 18, 2014, 08:49:49 PM
 #15820

I could be wrong, but this feels like the far recession of water from beaches just before a Tsunami wave comes in. I a gut hunch that we are seeing the contemplative period. When Mint languishes near ugly multi-month lows, extreme shorting is very bullish. The higher speculators shorts get, the more near-future buying they guarantee. 1 satoshi movement in Mintcoin equates to about $120,000 in value. So right now, speculators merely need to keep $6,000 in their account to effectively move & make the market. But this control is worth a whopping $120,000 worth in the value of the market cap. So this represents a leverage of an insane 20x the value of Mint! Imagine what one with more money could do. Just $30,000 invested would instantly double the market cap! In other words, if a whale invests $30,000 worth they will instantly get 100% ROI in value. If someone with $60,000 comes to play they would be leveraged 20x to $1.2MM.

Only problem is, they would never be able to sell 30K or 60K for a 100% ROI.  Unless more bigger buyers come behind them....

IXCoin - The first altcoin
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