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Author Topic: [ANN] [MINT] Mintcoin (POS / 5%) [NO ICO] [Fair distro, community maintained]  (Read 1322554 times)
Flyskyhigh
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Ezekiel 34:11, John 10:25-30


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May 16, 2015, 06:11:48 AM
 #17741

Most financial advisors will recommend a diversified portfolio.

Warren Buffet says to put all your eggs in one basket and watch over that basket. I would agree.

A diversified Portfolio delivers comfort, but a concentrated portfolio, in the hands of a savvy investor, can produce  exceptionally excellent results.

Most great investors pursue a strategy of owning large amounts of relatively few stocks (or Cryptos).

Buffet's top 5 holdings made up  76% of his total portfolio.  

Most investors annually flip, rather than holding for the long-term, many years.

Claude Shannon racked an annual return of 28%. That's better than Warren Buffet. How did he do it?

Shannon's approach to investing was simple. ..He was a buy and hold fundamentalist.

When he died, researchers found his 3 largest positions made up 98% of his portfolio, and nearly 80% of his account was in a single stock..

So much for diversification.

Shannon explained, that he never in 30 years attempted to "balance" the portfolio. At this time he was 70 years old.

An interesting book to read if you want to learn more about Shannon's story, is William Poundstone's, Fortune's Formula.

Let this be an encouragement to all you MINT holders out there. A word of caution.... A focused portfolio means it will. Be more volatile. For great investors this is no concern.  . ..They take on that price volatility in the short run in exchange for better returns in the long run. Go for the long haul. I don't care about performance relative to the next 6 months....not saying it doesn't hurt, possibly feeling it in the short term, but, it is the only way unless you want to dismantle a sound set of investing principles.

Instead of owning 50 or 100 cryptos, try to pare that list down to the best ideas, and hold them longer.  There are cycles to everything. If something is down, or up, it doesn't mean it will stay constantly up, or constantly down.

I think Mintcoin is a great idea. I love the name and what it stands for and represents. Great investment returns come from  portfolios made up of a few stocks (or few Cryptos),  held for a long time. And over time these positions come to dominate the portfolio.

Just wanted to share this insight with the Mintcoin community. I think Mintcoin is going to be great in years to come. Hope this point of view can help you see financially....

Thanks.
Blessings,
Flyskyhigh!

Sick of mining?  Start minting!  5% per year!  Mintcoin "MINT"
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May 16, 2015, 09:19:53 AM
 #17742


Instead of owning 50 or 100 cryptos, try to pare that list down to the best ideas, and hold them longer.  There are cycles to everything. If something is down, or up, it doesn't mean it will stay constantly up, or constantly down.

I think Mintcoin is a great idea. I love the name and what it stands for and represents. Great investment returns come from  portfolios made up of a few stocks (or few Cryptos),  held for a long time. And over time these positions come to dominate the portfolio.


time to check out my side investments of my altcoin crypto portfolio

i dont full agree with z Flyskyhigh
investing in a lot coins can make sence

if u invest in 10 potential x20 value raise coins

if only 1 of them make it u already x2 ur investment

and the chanced that the other 9 not colapse to zero value is high to

so realistic is x3

after a bit learning i think most people will be able dedect longterm crypto coins like MINT and DMD
and see the difference between them and the endless coins that rise each month and die 3 months later

so i suggest a well split investment in a lot longterm active coins to reduce risc and increase chances u bet on the right horse

stay away of fresh coins with IPO and premine..............

i myself even if logical have most investment in DMD as core team member still have like 25% of my investment split between a lot other longterm altcoins

i dont invest in BTC/LTC because they have lowest chance to x20 they have already a high value

they can if thing go great x5 maybe but not x20

and good altcoin rasise together with btc anyway to u profit from a btc raise without hold BTC

and people we all know why we hold MINT or DMD or similar longterm POS coins

because we love to earn value even of our coin value stay just stable towards BTC because we earn POS rewards

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May 16, 2015, 12:52:21 PM
 #17743

It's one of the core principles of Benjamin Graham: "A stock (crypto) is not just a ticker symbol or an electronic blip; it is an ownership interest (stake) in an actual business (currency), with an underlying value that does not depend on its share price."

I don't care too much for the current price of MINT either since I believe that the coin is one of the very best alternatives for Bitcoin out there. With the right marketing efforts MINT could easily be one of the "big guys" since it is, in my opinion, far superior to many, if not all, of the altcoins out there.

"You gotta know when to hold 'em, know when to fold 'em"  Wink
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May 16, 2015, 10:00:17 PM
 #17744

I don't care too much for the current price of MINT either since I believe that the coin is one of the very best alternatives for Bitcoin out there. With the right marketing efforts MINT could easily be one of the "big guys" since it is, in my opinion, far superior to many, if not all, of the altcoins out there.

Warning:  Will be seen as FUD by the pumpers.

LOL,
Problems with Mint

No Dev
Community unwilling to donate toward a great block explorer
Community unwilling to donate toward finding a new Dev
If you look at the great block explorer (22 days left) less than 2% Minting
You guys think Podcasts actually make more of a difference than a Dev

This coin has been running off of the work left over from the original dev.
Nothing of importance has happened since he was bullied out.

Just Sayin. 


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mintcointeam
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May 16, 2015, 10:41:19 PM
 #17745

I don't care too much for the current price of MINT either since I believe that the coin is one of the very best alternatives for Bitcoin out there. With the right marketing efforts MINT could easily be one of the "big guys" since it is, in my opinion, far superior to many, if not all, of the altcoins out there.

Warning:  Will be seen as FUD by the pumpers.

LOL,
Problems with Mint

No Dev
Community unwilling to donate toward a great block explorer
Community unwilling to donate toward finding a new Dev
If you look at the great block explorer (22 days left) less than 2% Minting
You guys think Podcasts actually make more of a difference than a Dev

This coin has been running off of the work left over from the original dev.
Nothing of importance has happened since he was bullied out.

Just Sayin. 


He was not bullied out - he was asked for transparency on the pre-mine as it was supposed to be used for supporting the community.
He took the majority of the pre-mine out as payment to himself and then no longer had time to commit to the project when it ran out.

https://github.com/MintcoinCommunity/Mintcoin-Desktop-Wallet/commits/master?page=3

All other initial developers left the lead developer 3 months in and the last standing developer gave up and cashed out as payment to himself for his work.
He was gracious enough to hand down the assets to the community for continual improvement.

The "original dev" is actually one of a many just handed down in an anonymous manor. Now we are open and transparent.

The podcasts are there to keep the community informed. This is also a tool I use to recruit.

Thanks to community donations I almost have enough to register Mintcoin Fund as a Non-Profit here in Wisconsin in the next coming months.

The community also donated towards an android wallet and hundreds of dollars towards the keepod campaign.

You are right though from one aspect....
We need more volunteers.

Right now the following continual efforts are being managed through donations:
- Graphics design
- Hosting
- Web maintenance
- Press Releases
- Business Integration
- Bitcoin Talk Announcement Updates
- Reddit Updates
- Facebook Moderators
- Twitter Supporters
- Reddit Supporters / Technical Support
- Mintcoin Official Moderation

Up until a month ago we also had the wallet and android development support donated by RoboGuy.
He unfortunately is tied back up and will not be able to participate in development until his current project is completed.

I do not see you as a Fudster. You have genuine concerns and feel it is pertinent to share them. That's awesome. The crypto community needs people to to ask questions. Way too many newbies out there getting burned.

I also believe that if you have these questions so do others - I am happy to share what I know with anyone.

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May 17, 2015, 05:51:44 PM
 #17746

Try contacting other coin developers like Peercoin's "Sunny King", and ask them if they know of any other dev they would recommend. I would try to talk with Novacoin's "Balthazar" as I think a lot of Mintcoin's code stems from that coin, with the exception that MINT is full POS and there has been changes since. Maybe he would consider helping out. Just a thought. Roll Eyes

Stop Mining.   Start Minting.   Mintcoin  [MINT]
5% annual minting reward. Mintcoins don't wear out like mining gear. They keep on minting!
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May 17, 2015, 05:59:47 PM
 #17747

Up until a month ago we also had the wallet and android development support donated by RoboGuy.
He unfortunately is tied back up and will not be able to participate in development until his current project is completed.

Just out of curiosity, about how long until his current project is completed? Is he planning to be back after that?

Stop Mining.   Start Minting.   Mintcoin  [MINT]
5% annual minting reward. Mintcoins don't wear out like mining gear. They keep on minting!
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May 17, 2015, 06:41:09 PM
 #17748

I don't care too much for the current price of MINT either since I believe that the coin is one of the very best alternatives for Bitcoin out there. With the right marketing efforts MINT could easily be one of the "big guys" since it is, in my opinion, far superior to many, if not all, of the altcoins out there.

Warning:  Will be seen as FUD by the pumpers.

LOL,
Problems with Mint

No Dev
Community unwilling to donate toward a great block explorer
Community unwilling to donate toward finding a new Dev
If you look at the great block explorer (22 days left) less than 2% Minting
You guys think Podcasts actually make more of a difference than a Dev

This coin has been running off of the work left over from the original dev.
Nothing of importance has happened since he was bullied out.

Just Sayin. 


He was not bullied out - he was asked for transparency on the pre-mine as it was supposed to be used for supporting the community.
He took the majority of the pre-mine out as payment to himself and then no longer had time to commit to the project when it ran out.

https://github.com/MintcoinCommunity/Mintcoin-Desktop-Wallet/commits/master?page=3

All other initial developers left the lead developer 3 months in and the last standing developer gave up and cashed out as payment to himself for his work.
He was gracious enough to hand down the assets to the community for continual improvement.

The "original dev" is actually one of a many just handed down in an anonymous manor. Now we are open and transparent.

The podcasts are there to keep the community informed. This is also a tool I use to recruit.

Thanks to community donations I almost have enough to register Mintcoin Fund as a Non-Profit here in Wisconsin in the next coming months.

The community also donated towards an android wallet and hundreds of dollars towards the keepod campaign.

You are right though from one aspect....
We need more volunteers.

Right now the following continual efforts are being managed through donations:
- Graphics design
- Hosting
- Web maintenance
- Press Releases
- Business Integration
- Bitcoin Talk Announcement Updates
- Reddit Updates
- Facebook Moderators
- Twitter Supporters
- Reddit Supporters / Technical Support
- Mintcoin Official Moderation

Up until a month ago we also had the wallet and android development support donated by RoboGuy.
He unfortunately is tied back up and will not be able to participate in development until his current project is completed.

I do not see you as a Fudster. You have genuine concerns and feel it is pertinent to share them. That's awesome. The crypto community needs people to to ask questions. Way too many newbies out there getting burned.

I also believe that if you have these questions so do others - I am happy to share what I know with anyone.



How can I donate to you?
cryptomommy
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May 18, 2015, 01:10:09 PM
 #17749

Up until a month ago we also had the wallet and android development support donated by RoboGuy.
He unfortunately is tied back up and will not be able to participate in development until his current project is completed.

Just out of curiosity, about how long until his current project is completed? Is he planning to be back after that?
I am not sure how long the project is running; however he did say until the project is over - reading between the lines it does suggest that he may be back once he has completed it.
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May 18, 2015, 01:11:16 PM
 #17750


How can I donate to you?
This address is distributed across active development efforts:
Support Mintcoin Developments - Mt6nEG8Pp7kyimcHEp3gFqdjDPQqXas5Ae
URSAY
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May 18, 2015, 02:13:14 PM
 #17751

https://twitter.com/CryptoSquare/status/600302853199126528

"FREE mintcoin and flappycoin paper wallets TODAY.  Union Square from 5-7 pm at the Lincoln statue. @MintcoinTeam @FlappyFlapping @BenLawsky"

[EDIT] Can @MintcoinTeam retweet?
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May 18, 2015, 05:23:37 PM
 #17752


How can I donate to you?
This address is distributed across active development efforts:
Support Mintcoin Developments - Mt6nEG8Pp7kyimcHEp3gFqdjDPQqXas5Ae

Setup a donation post and add it to the OP.

Donation for New Dev
BTC address
LTC address
Mint Address

Donation to keep New Block Explorer Running
BTC
1QJpbqzkyFNcLGsC46DjXJmY1hLgHoya5C

Then the community can put up or shut up.

Just Sayin.


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May 18, 2015, 07:20:13 PM
 #17753

Good to see that people are talking. I hope that OP is updated finally. I am donating what i can to block explorer right now. Please feel free to join in. Smiley

Rent Rigs @ MiningRigRentals: https://www.miningrigrentals.com/register?ref=9685 | Mine Zcash, X11, ETH, BTC, LTC hashrate available @ Genesis Mining: 9yx2ib (Promo Code for 3% off)
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Trade BTCINR on Coinsecure.in (Global trade available: http://blog.coinsecure.in/post/153309186530/coinsecure-goes-global-by-reducing-the-barrier-for): https://coinsecure.in/signup/z5ehHIOLvHN5sWAq3wTu
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May 18, 2015, 08:23:30 PM
 #17754

Good to see that people are talking. I hope that OP is updated finally. I am donating what i can to block explorer right now. Please feel free to join in. Smiley

Talking is great. Acting is vital.
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May 18, 2015, 08:32:20 PM
 #17755

Good to see that people are talking. I hope that OP is updated finally. I am donating what i can to block explorer right now. Please feel free to join in. Smiley

Talking is great. Acting is vital.

Its a start. People are acting individually. What we need is a collective push. We need a full time PR person who can highlight our partnerships & achievements so investors come in. Lots going on in the background that people dont know and thus no investment is happening.

Rent Rigs @ MiningRigRentals: https://www.miningrigrentals.com/register?ref=9685 | Mine Zcash, X11, ETH, BTC, LTC hashrate available @ Genesis Mining: 9yx2ib (Promo Code for 3% off)
Sell & Buy/Rent hashing power @ Nicehash.com: https://www.nicehash.com/?refby=63551
Trade BTCINR on Coinsecure.in (Global trade available: http://blog.coinsecure.in/post/153309186530/coinsecure-goes-global-by-reducing-the-barrier-for): https://coinsecure.in/signup/z5ehHIOLvHN5sWAq3wTu
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May 19, 2015, 01:25:57 AM
 #17756

I'll help contribute to the block explorer maybe next month, I mean if its down to the last day, and needs funds for sure. Mintcoin is awesome. As far as I'm concerned I'll be with MINT for life. Who's with me? Minting is fantastic!

Sick of mining?  Start minting!  5% per year!  Mintcoin "MINT"
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May 19, 2015, 02:07:45 AM
 #17757

I'll help contribute to the block explorer maybe next month, I mean if its down to the last day, and needs funds for sure. Mintcoin is awesome. As far as I'm concerned I'll be with MINT for life. Who's with me? Minting is fantastic!

I hope for sure that will not be the case, All contributions are welcome. Thanks Smiley

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Flyskyhigh
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Ezekiel 34:11, John 10:25-30


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May 19, 2015, 03:09:40 AM
 #17758

I'll help contribute to the block explorer maybe next month, I mean if its down to the last day, and needs funds for sure. Mintcoin is awesome. As far as I'm concerned I'll be with MINT for life. Who's with me? Minting is fantastic!

I hope for sure that will not be the case, All contributions are welcome. Thanks Smiley
Why not the case?

Sick of mining?  Start minting!  5% per year!  Mintcoin "MINT"
Flyskyhigh
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Ezekiel 34:11, John 10:25-30


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May 19, 2015, 02:38:21 PM
 #17759

Quote
Greetings from Poloniex!

We're happy to announce that Margin Trading with Peer-to-Peer Lending is now available at Poloniex! You can now borrow funds from lending users to open long and short positions with 2.5x leverage on our XMR, DASH, XPR and LTC Margin Trading platform. You can also loan funds in the same selected markets in 1 day intervals at up to 5% interest.

In addition, we are requiring that all users provide us with their first name, last name, and country of origin by May 20th, 2015. This information is mandatory for all users and all withdrawals. Go to your Profile page to get started.

The Poloniex Team

Just for those that dont know and have some btc or other altcoins sitting there.

This is posted in the notice section.

No accounts will be locked or frozen if you do not provide the information requested. Starting on May 20th at 19:00 UTC, you will need to have your name and country of residence on file to withdraw up to 2,000 USD worth of crypto per day.


Those sentances sounds like a contradiction...

Sick of mining?  Start minting!  5% per year!  Mintcoin "MINT"
Argon18
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Spectiv VR Crowdsale: 08/14/17


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May 19, 2015, 06:52:31 PM
 #17760

Quote
Greetings from Poloniex!

We're happy to announce that Margin Trading with Peer-to-Peer Lending is now available at Poloniex! You can now borrow funds from lending users to open long and short positions with 2.5x leverage on our XMR, DASH, XPR and LTC Margin Trading platform. You can also loan funds in the same selected markets in 1 day intervals at up to 5% interest.

In addition, we are requiring that all users provide us with their first name, last name, and country of origin by May 20th, 2015. This information is mandatory for all users and all withdrawals. Go to your Profile page to get started.

The Poloniex Team

Margin Trading is for suckers and criminals.
Because the only way to win at it , is if you are a criminal and have inside info ( like a corrupt politician).
Everyone else will lose it all , ie: Suckers.

Just Sayin,


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