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Author Topic: [ANN] [MINT] Mintcoin (POS / 5%) [NO ICO] [Fair distro, community maintained]  (Read 1368494 times)
Ghepetto
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February 12, 2014, 09:13:24 PM
 #1601

We need to get MINT on coinmarketcap

Need a main exchange first, coinedup will work.

Explorer part of the requirement is done.

There needs to be a much better explanation of the PoS piece on the main page of this thread as well. It's not clear how its structured and how the actual minting happens here.



For wallets with a passphrase go to the console in the wallet after your coins are 20 days old  (and have not been moved), type:    walletpassphrase <yourpassphrase> 90000000

This will unlock your wallet to generate stake for 90000000 seconds (you can pick any number), if you close the wallet this procedure will need to be repeated again.  To confirm it worked look at the little lock on the wallet and it will be in the unlocked position.   That's all I know about it wish I had more info for ya.

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Hampuz
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February 12, 2014, 09:14:56 PM
 #1602

This is looking like a coin that will really take off!

One exchange i would like us to try and work with, as it is a exchange for the future is: Mcxnow.  If we were to get on there we would be golden.

2nd, I'd like to see more services for mint, games, shops, whatever you have, accept Mint on it Smiley.

I'm willing to give out a couple of 100K's for any progress on this front,

And dev, if you need any help with promoting, making sure things happen etc, dont hesitate to contact me, I love the idea of this coin.

Cheers!
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February 12, 2014, 09:24:30 PM
 #1603

Add MINT coin – Customer Feedback for Swiss Coin Exchange - https://swisscex.uservoice.com/forums/238010-general/suggestions/5488394-add-mint-coin

Comment added... Everyone else go ahead, it only takes a minute!

Done!

Are the devs going to give MINT the website it deserves?

Will really help with image for outside investors.
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February 12, 2014, 09:25:56 PM
 #1604


Anyone who doesn't understand, just take a minute to read...

+1

Trying to get to 50million before block halving.... It's not going too well Sad

I'm just trying to hit 1Million here with my low power, while still trying to get at least a little bit of some other stuff, I may even fire up CPU mining before the first halving at this rate. How far from your mark are you? With this halving getting to a certain mark before the end is just going to get slower and slower.

Hoping Mint really takes off, but I'd like to get at least 10 Vert as well before things pick up, with my low hash rate even splitting around in small amounts is going annoyingly slow.

With mint's low power afterwards though it should be interesting after the first 5 weeks.
racejs
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February 12, 2014, 09:26:21 PM
 #1605

Today I got through to computer wallet my VTC from Cryptsy after 3+ days of waiting for deposit to site. When the coins appeared in my balance, I withdrew all without hesitation. The process went smooth sailing.
I predicted that when price drops, I'll be able to get my coins back. It happened..

Now I am more sure that they manipulate with our trader's coins and overall crypto currency market.

So NEVER EVER USE CRYPTSY if possible!
MintPal-Jay
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February 12, 2014, 09:28:01 PM
 #1606

Trade on MintPal, huge amount of orders at 4 and 5 satoshis waiting to be matched Smiley

https://www.mintpal.com/market/MINT/BTC

MintPal - The fast and user friendly cryptocurrency exchange
colinfx
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February 12, 2014, 09:29:34 PM
 #1607


Anyone who doesn't understand, just take a minute to read...

+1

Trying to get to 50million before block halving.... It's not going too well Sad

I'm just trying to hit 1Million here with my low power, while still trying to get at least a little bit of some other stuff, I may even fire up CPU mining before the first halving at this rate. How far from your mark are you? With this halving getting to a certain mark before the end is just going to get slower and slower.

Hoping Mint really takes off, but I'd like to get at least 10 Vert as well before things pick up, with my low hash rate even splitting around in small amounts is going annoyingly slow.

With mint's low power afterwards though it should be interesting after the first 5 weeks.

I'm currently at just under 33million, got another 17million to go to get my target. This coin is going to be big. New, innovative, interesting and bloody hard to get hold of after tomorrow Shocked
Langly
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February 12, 2014, 09:35:53 PM
 #1608


Anyone who doesn't understand, just take a minute to read...

+1

Trying to get to 50million before block halving.... It's not going too well Sad

I'm just trying to hit 1Million here with my low power, while still trying to get at least a little bit of some other stuff, I may even fire up CPU mining before the first halving at this rate. How far from your mark are you? With this halving getting to a certain mark before the end is just going to get slower and slower.

Hoping Mint really takes off, but I'd like to get at least 10 Vert as well before things pick up, with my low hash rate even splitting around in small amounts is going annoyingly slow.

With mint's low power afterwards though it should be interesting after the first 5 weeks.

I'm currently at just under 33million, got another 17million to go to get my target. This coin is going to be big. New, innovative, interesting and bloody hard to get hold of after tomorrow Shocked

Only twice as hard with the first halving, I've been doing around 100k a day I think gonna drop me to 50k a day, then 25k, Ive got around 530K gunning for 1M 7 days of 50k will only be 350k. Leaving me at around 880 to fill at 25k a day, it's going to be close. Depending on values I may just mine something else and buy direct. I bought some at 5 because I was worried a buy order at 4 would not fill before it rose to 6-7. Only was about a 60k coin difference, but that stuff still adds up.
philipvdlinde
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February 12, 2014, 09:36:41 PM
 #1609

Too bad that i only have 10 million coins, maybe that will be enough to make some serieus money.
colinfx
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February 12, 2014, 09:41:32 PM
 #1610


Anyone who doesn't understand, just take a minute to read...

+1

Trying to get to 50million before block halving.... It's not going too well Sad

I'm just trying to hit 1Million here with my low power, while still trying to get at least a little bit of some other stuff, I may even fire up CPU mining before the first halving at this rate. How far from your mark are you? With this halving getting to a certain mark before the end is just going to get slower and slower.

Hoping Mint really takes off, but I'd like to get at least 10 Vert as well before things pick up, with my low hash rate even splitting around in small amounts is going annoyingly slow.

With mint's low power afterwards though it should be interesting after the first 5 weeks.

I'm currently at just under 33million, got another 17million to go to get my target. This coin is going to be big. New, innovative, interesting and bloody hard to get hold of after tomorrow Shocked

Only twice as hard with the first halving, I've been doing around 100k a day I think gonna drop me to 50k a day, then 25k, Ive got around 530K gunning for 1M 7 days of 50k will only be 350k. Leaving me at around 880 to fill at 25k a day, it's going to be close. Depending on values I may just mine something else and buy direct. I bought some at 5 because I was worried a buy order at 4 would not fill before it rose to 6-7. Only was about a 60k coin difference, but that stuff still adds up.

After reward halving, buying them at 5 will seem cheap
colinfx
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February 12, 2014, 09:44:41 PM
 #1611

Too bad that i only have 10 million coins, maybe that will be enough to make some serieus money.

10million is a very respectable amount! Next week it is so much harder to acquire, take your self just 3 more weeks in to the future. I'll be just as hard to get 10million then as it is to get 80million now. So get what you can now!
nivexuck
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February 12, 2014, 09:58:22 PM
 #1612

Too bad that i only have 10 million coins, maybe that will be enough to make some serieus money.

You said 10 million coin is too bad, I just have 266k coin here -_-
flounderella
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February 12, 2014, 09:59:01 PM
 #1613

Did anyone calculate the rate every 20 days? Is 20% the yearly compounded rate (year 1) assuming PoS is minted every 20 days? So that's about 0.5% or so every 20 days (for comparison, Hobonickels pays out 2% every 10 days).
racejs
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February 12, 2014, 10:00:17 PM
 #1614


Anyone who doesn't understand, just take a minute to read...

+1

Trying to get to 50million before block halving.... It's not going too well Sad

I'm just trying to hit 1Million here with my low power, while still trying to get at least a little bit of some other stuff, I may even fire up CPU mining before the first halving at this rate. How far from your mark are you? With this halving getting to a certain mark before the end is just going to get slower and slower.

Hoping Mint really takes off, but I'd like to get at least 10 Vert as well before things pick up, with my low hash rate even splitting around in small amounts is going annoyingly slow.

With mint's low power afterwards though it should be interesting after the first 5 weeks.

Why Verts? Are you thinking this coin will take off again? I have triple amount of them and can't decide whether to convert those to MINT or not
frostgrave
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February 12, 2014, 10:02:48 PM
 #1615

Did anyone calculate the rate every 20 days? Is 20% the yearly compounded rate (year 1) assuming PoS is minted every 20 days? So that's about 0.5% or so every 20 days (for comparison, Hobonickels pays out 2% every 10 days).

It's not minted every 20 days. The PoS STARTS after 20 days.

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Sparkzor
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February 12, 2014, 10:04:31 PM
 #1616


Anyone who doesn't understand, just take a minute to read...

+1

Trying to get to 50million before block halving.... It's not going too well Sad

I'm just trying to hit 1Million here with my low power, while still trying to get at least a little bit of some other stuff, I may even fire up CPU mining before the first halving at this rate. How far from your mark are you? With this halving getting to a certain mark before the end is just going to get slower and slower.

Hoping Mint really takes off, but I'd like to get at least 10 Vert as well before things pick up, with my low hash rate even splitting around in small amounts is going annoyingly slow.

With mint's low power afterwards though it should be interesting after the first 5 weeks.

Why Verts? Are you thinking this coin will take off again? I have triple amount of them and can't decide whether to convert those to MINT or not
I would say - trade them to mint!
4sat -> 8 sat is faster than 50->100
flounderella
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February 12, 2014, 10:12:39 PM
 #1617

Did anyone calculate the rate every 20 days? Is 20% the yearly compounded rate (year 1) assuming PoS is minted every 20 days? So that's about 0.5% or so every 20 days (for comparison, Hobonickels pays out 2% every 10 days).

It's not minted every 20 days. The PoS STARTS after 20 days.

I quote:
"PoS blocks will be generated after you hold some coins in your wallet for certain period of time. For MintCoin the minimum requirement is 20 days."
tylerbrad85
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February 12, 2014, 10:13:41 PM
 #1618

Did anyone calculate the rate every 20 days? Is 20% the yearly compounded rate (year 1) assuming PoS is minted every 20 days? So that's about 0.5% or so every 20 days (for comparison, Hobonickels pays out 2% every 10 days).

It's not minted every 20 days. The PoS STARTS after 20 days.

POS starts after 5 weeks as OP stated.

Minting starts after 20 days of holding the coins in your wallet.
colinfx
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February 12, 2014, 10:18:06 PM
 #1619

A simple thought experiment.... What might happen to the price from here?

Current price you can get is 4 satoshi, with block reward halving each week for 5 weeks, you can double the price each week for it to keep up with cost of mining.

So....

Week 0 - 4 sat
Week 1 - 8 sat
Week 2 - 16 sat
Week 3 - 32 sat
Week 4 - 64 sat
Week 5 - 128 sat

If price stays in line with cost to acquire, then 128 satoshi after 5 weeks would not be unreasonable. So if this is wrong and it is only 40 satoshi in 5 weeks - so what? thats 1000% profit from here! Time is limited!

Of course maybe only get half this. But still a great return from here!

Good luck!

Amph
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February 12, 2014, 10:23:46 PM
 #1620

A simple thought experiment.... What might happen to the price from here?

Current price you can get is 4 satoshi, with block reward halving each week for 5 weeks, you can double the price each week for it to keep up with cost of mining.

So....

Week 0 - 4 sat
Week 1 - 8 sat
Week 2 - 16 sat
Week 3 - 32 sat
Week 4 - 64 sat
Week 5 - 128 sat

If price stays in line with cost to acquire, then 128 satoshi after 5 weeks would not be unreasonable.

Of course maybe only get half this. But still a great return from here!

Good luck!



scarcity don't make the coin more valuable, demand make it, don't hold much hope for that price
would be good if it reach 20-30, 120 is just ...unreal

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