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Author Topic: [ANN] [MINT] Mintcoin (POS / 5%) [NO ICO] [Fair distro, community maintained]  (Read 1331426 times)
colinfx
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February 13, 2014, 06:26:41 PM
 #1801


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

Things must have got easier overnight? I got my 50million already this morning with still 10 hours to go before reward halving?! Cheesy

You sure are finding a lot of blocks, like half the damned blocks are being found by you, even at the 500 mint bonus that has to add up.

Yup I am surprised how many blocks I am finding - but happy too! Cheesy
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CryptoRollRo
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February 13, 2014, 06:27:53 PM
 #1802

Do we recon the price will go back down over the next day or two? I want to buy some but I'm curious about whether I should wait or not

If it was a sure thing don't you think everybody would buy them? It can go every way but it looks promising.
I'm wondering what it will do when multipools try to rape it. Oh well within 4 weeks the raping will end for sure.

with 1 block retargeting, the difficulty will go sky high

and what will that do to the price?

It's already done, it doubled in the last 24 hours - nice! Cheesy
Almost doubled:P

***  Mintcoin - Energy Saving Coin  *** 
Tips Mint: Md9cGrFFsUnxjrPomLkQKE8VTgjjjkZj91
machasm
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February 13, 2014, 06:28:50 PM
 #1803

Couldn't mine fast enough so just bought another 2.5 mil.

TO THE MOON
coinking
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February 13, 2014, 06:33:01 PM
 #1804

Do we recon the price will go back down over the next day or two? I want to buy some but I'm curious about whether I should wait or not

If it was a sure thing don't you think everybody would buy them? It can go every way but it looks promising.
I'm wondering what it will do when multipools try to rape it. Oh well within 4 weeks the raping will end for sure.

with 1 block retargeting, the difficulty will go sky high

and what will that do to the price?

It's already done, it doubled in the last 24 hours - nice! Cheesy

does the price typically go up after a retarget? or down?

.TeleX  AI.
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flounderella
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February 13, 2014, 06:33:40 PM
 #1805

Do we recon the price will go back down over the next day or two? I want to buy some but I'm curious about whether I should wait or not

If it was a sure thing don't you think everybody would buy them? It can go every way but it looks promising.
I'm wondering what it will do when multipools try to rape it. Oh well within 4 weeks the raping will end for sure.

with 1 block retargeting, the difficulty will go sky high

and what will that do to the price?

It's already well known when it will halve, so markets price things in advance.
racejs
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February 13, 2014, 06:37:52 PM
 #1806

If someone could make Wallet for Android or even iOS (harder to be accepted in App Store), it would be great step for promotion. I love Dogecoin Android wallet.
Grrizz
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February 13, 2014, 06:37:57 PM
 #1807

Do we recon the price will go back down over the next day or two? I want to buy some but I'm curious about whether I should wait or not

If it was a sure thing don't you think everybody would buy them? It can go every way but it looks promising.
I'm wondering what it will do when multipools try to rape it. Oh well within 4 weeks the raping will end for sure.

with 1 block retargeting, the difficulty will go sky high

and what will that do to the price?

It's already done, it doubled in the last 24 hours - nice! Cheesy

does the price typically go up after a retarget? or down?
Down... coin gets hype over halving, price goes up pre-emptively along with hash rate due to drawing miners in from the prospect of high reward, reward halves, miners leave dropping hash rate and everyone dumps... that's the norm on an established coin anyway, this is a little different because its young and will see several halving's in rapid succession so hard to say what will happen here Wink

It also has the PoS going for it which will hopefully alleviate the dumping.
flounderella
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February 13, 2014, 06:40:49 PM
 #1808

Devs, btw have you guys already tested out the PoS piece, right? Would be awful to fork in 4 weeks when it doesn't work.
racejs
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February 13, 2014, 06:46:26 PM
 #1809

Sooo... halving will happen in the next half an our? Right? Let's see the impact on price. Up to behind 10 sats or down to 4 sats. Interesting moment..
ghibly79
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February 13, 2014, 06:50:36 PM
 #1810

Do we recon the price will go back down over the next day or two? I want to buy some but I'm curious about whether I should wait or not

If it was a sure thing don't you think everybody would buy them? It can go every way but it looks promising.
I'm wondering what it will do when multipools try to rape it. Oh well within 4 weeks the raping will end for sure.

with 1 block retargeting, the difficulty will go sky high

and what will that do to the price?

It's already done, it doubled in the last 24 hours - nice! Cheesy

does the price typically go up after a retarget? or down?
Down... coin gets hype over halving, price goes up pre-emptively along with hash rate due to drawing miners in from the prospect of high reward, reward halves, miners leave dropping hash rate and everyone dumps... that's the norm on an established coin anyway, this is a little different because its young and will see several halving's in rapid succession so hard to say what will happen here Wink

It also has the PoS going for it which will hopefully alleviate the dumping.

Not mandatory: if many miners leave, diff will go down and the coin will be profitable again considering the price increase. Unpredictable which tendency will win, even not considering the PoS thing.
navarthelol
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February 13, 2014, 06:54:15 PM
 #1811

T MINUS 6 MINUTES AND COUNTING
Rubberduckie
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February 13, 2014, 06:58:25 PM
 #1812

Someone just bought nearly 5 BTC worth of mint @ 0.00000008 in one hit  Shocked

sakkosekk
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February 13, 2014, 06:58:38 PM
 #1813

Couldn't mine fast enough so just bought another 2.5 mil.

I got 400K and no BTC to get more Tongue
Invisible Hands
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February 13, 2014, 07:01:09 PM
 #1814

I don't think it halved yet...  maybe block 20000?
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February 13, 2014, 07:06:58 PM
 #1815

Half at block 20160 if I do the maths right.

“This is not just money for the Internet. This is a new Internet of money.”
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Tuition fee  BTC: 1CWhWv84fMXfRreP3GQFLhEVn5jASwWcQD    LTC: LTRpVmG21jeXURwugG4TpnHKV9hreYV8t1
hgrp007
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February 13, 2014, 07:15:26 PM
 #1816

Continue to rise Up.......
flounderella
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February 13, 2014, 07:17:03 PM
 #1817

Maybe there's a bug in the code and it will never halve? :p
hellscabane
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February 13, 2014, 07:18:19 PM
 #1818

Maybe there's a bug in the code and it will never halve? :p
Maybe they're gonna do hard forks each week?

[That would be so fail...]
Invisible Hands
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February 13, 2014, 07:22:00 PM
 #1819

block 19989
480,045.60   

480,045.60   > 450,000

therefore no halving yet, amirite?
flounderella
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February 13, 2014, 07:23:00 PM
 #1820

block 19989
480,045.60   

480,045.60   > 450,000

therefore no halving yet, amirite?

I'm still seeing full block rewards
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