Bitcoin Forum
April 20, 2019, 01:36:18 PM *
News: Latest Bitcoin Core release: 0.17.1 [Torrent]
 
   Home   Help Search Login Register More  
Pages: « 1 ... 927 928 929 930 931 932 933 934 935 936 937 938 939 940 941 942 943 944 945 946 947 948 949 950 951 952 953 954 955 956 957 958 959 960 961 962 963 964 965 966 967 968 969 970 971 972 973 974 975 976 [977] 978 979 980 981 982 983 984 985 986 987 988 989 990 991 992 993 994 995 996 997 998 999 1000 1001 1002 1003 1004 1005 1006 1007 1008 1009 1010 1011 1012 1013 1014 1015 1016 1017 1018 1019 1020 1021 1022 1023 1024 1025 1026 1027 ... 1038 »
  Print  
Author Topic: [ANN] [MINT] Mintcoin (POS / 5%) [NO ICO] [Fair distro, community maintained]  (Read 1347795 times)
Tubularwindow
Newbie
*
Offline Offline

Activity: 25
Merit: 0


View Profile
July 01, 2016, 06:55:50 AM
 #19521

I made a countdown for the final annual reward halving to 5% for Mintcoin here: http://www.arewethere.yt/MINTCOIN-HALVING/46815.htm#.V3YKwDHLf_o

I noticed that some of the information on the front page of this thread needs to be updated.
On the Announcement Page under the "Mintcoin: Year 1 Minting Statistics"... a lot of that is outdated now. Do you think we should put up more relevant info?

For example maybe it should say should say "Mintcoin: Recent Minting Statistics" and use some of the more updated info like For example (some of the stats from coolbeans' a few posts back)


Mintcoin: Recent Minting Statistics

~Mintcoin Original Launch Date: February 06, 2014
The following stats are based on current information as of June 15th 2016:
~Block Count: 2.6-Million
~Coin Count: 23.2-Billion
~Current minting block reward rate is 10% annually
~Minting participation rate is currently at: 55%
~Annual increase in the money supply of currently: 5.5%
http://i.imgur.com/G2pZJVd.png
~Average of about 3.4-million new coins per day being minted currently
~Price Per Coin: $0.000057USD, 0.00000009BTC
~Market Capitalization: $1,322,400USD, 2,083BTC
~Price change in last 365 days: +54% in $USD.
~Expected Halving: December 2016 http://www.arewethere.yt/MINTCOIN-HALVING/46815.htm#.V3YRyDHLf_p



And also the Faucet Link needs to be updated on the front page. multifaucet link is broken need to change to cryptoguru
http://[Suspicious link removed]/Faucet/index.php?Currency=MINT
Donate to Faucet:MXNH23juP3k44wZLPNMc485BucZ3TfNbAE
100% New Software
PC, Mac, Android, & HTML5 Clients
Krill Rakeback
Low Rake
Bitcoin Poker 3.0
Bad Beat Jackpot
SwC Poker Relaunch
PLAY NOW
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1555767378
Hero Member
*
Offline Offline

Posts: 1555767378

View Profile Personal Message (Offline)

Ignore
1555767378
Reply with quote  #2

1555767378
Report to moderator
1555767378
Hero Member
*
Offline Offline

Posts: 1555767378

View Profile Personal Message (Offline)

Ignore
1555767378
Reply with quote  #2

1555767378
Report to moderator
1555767378
Hero Member
*
Offline Offline

Posts: 1555767378

View Profile Personal Message (Offline)

Ignore
1555767378
Reply with quote  #2

1555767378
Report to moderator
URSAY
Legendary
*
Offline Offline

Activity: 1946
Merit: 1000



View Profile
July 01, 2016, 04:27:03 PM
Last edit: July 01, 2016, 04:53:58 PM by URSAY
 #19522

Tubularwindow thanks for creating the countdown and pointing out that coolbeans data should be added to op.  Faucet also updated.
Derek492
Sr. Member
****
Offline Offline

Activity: 357
Merit: 250



View Profile
July 05, 2016, 02:29:19 PM
 #19523

Happy Independence Day. Keep on minting my friends!

Stop Mining.   Start Minting.   Mintcoin  [MINT]
5% annual minting reward. Mintcoins don't wear out like mining gear. They keep on minting!
Msile
Hero Member
*****
Offline Offline

Activity: 658
Merit: 503


Gric Coin - Redefining Agriculture and Increasing


View Profile
July 05, 2016, 10:37:16 PM
 #19524

It's strange how unlike with mining, a reward halving for minting can be so unpredictable.

The new supply will be lower, but buying coins to mint will be less effective and thus will be in less demand.

.


.


.


        ▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▖
     ▄█████████████████████████████████████████████████████▛
   ▄██████████████████████████████████████████████████████▛
  ███████████████████████████████████████████████████████▛
 █████████▀                      ▄▄▄▄▄▄▄▄▖
████████▀     ▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄   ████████▀
███████▌     ▟███████████████  ▐███████▌
███████     ▟████████████████  ▐███████▌
███████▌   ▟█████████████████   ████████▖
 ███████▄             ███████   ▐████████▄
  ████████▄▄▄▄▄▄▄▄▄▄▄▄███████    ▜██████████▄▄▄▄▄▄▄▄▄▄▄▄▄▄
   ██████████████████████████     ▀███████████████████████▙
    ▀████████████████████████       ▀██████████████████████▙
      ▀▀█████████████████████         ▀▀████████████████████▙
.
Gric Coin
.


.
                  Redefining   
.Agricultural Practice and Increasing Food Production.
.▔▔▔▔▔▔▔▔▔▔▔▔▔▔▔▔▔▔▔▔▔▔▔▔▔▔▔▔▔▔▔▔▔▔▔▔▔▔▔▔▔
.


.
.


.


presstab
Legendary
*
Offline Offline

Activity: 1330
Merit: 1000


Blockchain Developer


View Profile
July 06, 2016, 12:27:30 AM
 #19525

Any news on solving the blockchain bloat problem that affects all cryptos eventually?

I know that some of you Mint guys are at the forefront in finding a solution.

I actually have been working on some code to take care of this. Haven't put a lot of time into it lately though, I don't have much incentive too, but I would guess I am 75% of the way to a beta version of the code.

Projects I Contribute To: libzerocoin | Veil | PIVX | HyperStake | Crown | SaluS
Altcoinlover
Hero Member
*****
Offline Offline

Activity: 729
Merit: 500


View Profile
July 06, 2016, 12:28:25 AM
 #19526

I just discovered MINT.

From my understanding, the current minting is 5%, right ?

How will it be after halving? Really half the current % ?


           ███ ███
          ██████
         ████████▄▄▄▄▄▄▄▄
       ███████████████████
     ████████████████████
   █████████████████████
  ██████████████████████
 █████████
█████████
█████████          ▄▄▄▄▄▄▄
█████████         ███████
█████████         ███████
██████████        ███████
 ███████████▄▄▄▄▄▄█v█████
  ███████████████████████
    █████████████████████
      ███████████████████
        ███████████████
          ██████
          ████ ███
▃▃▃▃▃▃▃
enesis










☑ No ICO/Auction.
☑ No pre-mine__--
☑ Fair Launch___-






████████████████████████████
████████████████████████████
██████               ███████
█████                 ██████
████     ███   ███     █████
████     ███   ███     █████
████                   █████
██████   █████████   ███████
████████████████████████████
█████████████████████ ██████
                        ████
                          ██
DISCORD

▄█████████████████████████████▄
████████████████▌ ▄▄▀▀    ▀████
████████████████ █████▄   █████
█████████████▀▀ ▐▀█████████████
███▀▀ ▀▀▀             ▀▀▀¬▀▀███
███        ▄       ▄        ███
███▄      ███     ███      ▄███
████        `              ████
█████      ▄▄     ▄▄      █████
███████▄      ▀▀▀      ▄███████
███████████▄▄▄▄▄▄▄▄▄███████████
███████████████████████████████
REDDIT






POW       
Equihash 192.7
Airdrops & Bounties





MintyAllDay
Full Member
***
Offline Offline

Activity: 154
Merit: 100


View Profile WWW
July 06, 2016, 12:37:52 AM
 #19527

buying coins to mint will be less effective and thus will be in less demand.

Everyone has their own opinion.  Wink

I actually have been working on some code to take care of this.

Nice to see presstab in the mint thread again.  Smiley

From my understanding, the current minting is 5%, right ?

Current is 10%.  Moving to 5% next halving.

Twitter @MintyAllDay
MintyMintcoin.com
deepcreek
Member
**
Offline Offline

Activity: 79
Merit: 10


View Profile
July 06, 2016, 01:35:29 AM
 #19528

Any news on solving the blockchain bloat problem that affects all cryptos eventually?

I know that some of you Mint guys are at the forefront in finding a solution.

I actually have been working on some code to take care of this. Haven't put a lot of time into it lately though, I don't have much incentive too, but I would guess I am 75% of the way to a beta version of the code.

Is there a way this incentive can be brought back?

And @Msile: 5% is still way more banks will give on a regular account. I have made huge gains net worth wise since i invested in Mint. It was a wise choise, and still is
presstab
Legendary
*
Offline Offline

Activity: 1330
Merit: 1000


Blockchain Developer


View Profile
July 06, 2016, 02:24:10 AM
 #19529

Any news on solving the blockchain bloat problem that affects all cryptos eventually?

I know that some of you Mint guys are at the forefront in finding a solution.

I actually have been working on some code to take care of this. Haven't put a lot of time into it lately though, I don't have much incentive too, but I would guess I am 75% of the way to a beta version of the code.

Is there a way this incentive can be brought back?

Well my own coin, HyperStake is around block 700k, so bloat will come in the mid-term for that and would incentivize me. I have paid projects I am working on on the side, so they take priority over projects that are just sort of for fun.

Projects I Contribute To: libzerocoin | Veil | PIVX | HyperStake | Crown | SaluS
overdozedCEO
Full Member
***
Offline Offline

Activity: 213
Merit: 100



View Profile
July 07, 2016, 01:34:19 PM
 #19530

are there any bountys for translations?

cryptosdice
Full Member
***
Offline Offline

Activity: 128
Merit: 100


View Profile
July 08, 2016, 12:37:06 AM
 #19531

Hi! we created a multicurrency dice site: www.cryptosdice.com

We are looking for people that want to be part of the Mintcoin bankroll! on july 11 we are going to activated those currencies with enough bankroll. We think this is a good opportunity for Mintcoin community as it offers many advantatges:

1 - A way to spend Mintcoin - dice games are a good step in any crptocurrency development.
2 - A way for investors to earn.
3 - Mintcoin wins visibility, It will be displayed in our website next to btc or ltc. Also our site have faucet for any of the altcoins accepted.
4 - Affiliates earn coins in the original bet currency, so users that don't know about Mintcoin may find they have some balance of this currency because their referrals's earnings and start to learn about Mintcoin.

Happy betting and investing!
coolbeans94
Hero Member
*****
Offline Offline

Activity: 613
Merit: 500


Mintcoin: Get some


View Profile
July 10, 2016, 03:38:19 PM
 #19532

It's strange how unlike with mining, a reward halving for minting can be so unpredictable.

The new supply will be lower, but buying coins to mint will be less effective and thus will be in less demand.

Hi. I don't think it is really that much, if any, different than mining. In fact, in all cases I consider it better than mining.

With mining, eventually your equipment wears out, with Mintcoins, they don't wear out. If you think about the Mintcoins themselves as being your mining gear (or minting gear, rather)...they are just as good and effective a year ago as today.

When the rate goes down to 5%, the supply will rise slower, but that does not change the effectiveness of minting coins. The only thing that changes is minters will get less coins, but the effectiveness of the minting process doesn't change. Since the value of each coin you mint is a function of the price per coin, then, supply going down and demand being constant, price should eventually begin to rise to offset the reward drop. As a result, instead of the mintcoin market generating 6 million coins per day at say $0.00007 each, = $420 value per day........ once equilibrium is reached, the price should rise to offset that.........say 3 million coins per day at $0.000140 each = $420 value per day, so the value of what you are minting stays the same. But keep in mind that the price change will probably not happen overnight. If the price doubles, that also means the value of all prior mined and minted coins double in value too! So what you can save away today, could pay off even more later. But there will be probably be profit takers along the way up too, so finding equilibrium could take a while....but it might not...there are a lot of other factors to consider such as, that the mintcoin market cap is relatively small compared to a coin like bitcoin so bigger moves can happen quickly, and for no apparent reason. So true value (coins generated x price) shouldn't change. But that doesn't mean it won't change.

Some people are attracted to high reward annual percentage rate (APR), others are attracted to prices moving up. I believe Mintcoin intends to find a balance of both worlds. Too high of a APR, and too many coins flood the market, causing price depression and instability, and nobody will want to hold the coins unless they are able to be staking/minting their coins, but not everyone can or will do this. Who wants to stake a worthless coin? And it is probably not fair to those who aren't interested in computers and minting, if they just want to collect a few coins but not stake/mint them, then their value of their coins will be devalued quickly over time. So we need less coins being added to the supply, to help keep prices up. But on the other-hand, too low of a APR is not good either, as it could create fungibility problems with too few coins in circulation to be of any use for trade, and too low of a rate, nobody will bother even staking/minting to securing the network, which is very important, or you don't have a coin at all!

So I believe Mintcoin will have the good balance of both worlds and that the prices should continue to steadily rise, and at 5% in a year, the minting is rewarding enough for those who put in the effort to do it, but not so high as to be unfair for people who don't mint/stake. We want our coins to hold value for all people, not just stakers/minters. Hopefully this will help create demand for MINT from all types of people.

This is the challenge of trying to make a perfect coin that pleases everybody, but I believe MINT comes pretty close.

(1.) Moral happiness depends upon moral order.
(2.) Moral order depends upon the harmonious action of all our powers, as
individuals and as members of society.
pixibug
Newbie
*
Offline Offline

Activity: 3
Merit: 0


View Profile
July 16, 2016, 11:48:53 AM
 #19533

Hi,
Quick chart - Weekly view.
I'm expecting a breakout of the trendline (white dashed line) with 42/47 sat as target.

https://www.tradingview.com/x/e0mh5YTb

Keep on minting Wink
Ricklosti
Member
**
Offline Offline

Activity: 71
Merit: 10


View Profile
July 16, 2016, 09:19:07 PM
 #19534

Hi,
Quick chart - Weekly view.
I'm expecting a breakout of the trendline (white dashed line) with 42/47 sat as target.



Keep on minting Wink

I was not aware that TradingView had any Mintcoin charts... Thank you for bringing this to my attention.
whenwhatwherewhyhow
Newbie
*
Offline Offline

Activity: 46
Merit: 0


View Profile
July 22, 2016, 02:34:59 PM
 #19535

What is the max supply cap of mintcoin?
URSAY
Legendary
*
Offline Offline

Activity: 1946
Merit: 1000



View Profile
July 22, 2016, 08:46:09 PM
 #19536

What is the max supply cap of mintcoin?

Initially the max coins were around 70 billion during the POW phase.  However, due to the nature of POS, the max coins will always be based on the minting reward which keeps the network running.  Currently the minting rate is up to 10% of outstanding coins but will be up to 5% soon.

coolbeans has shown some stats in relation to actual users minting over time which may help answer your question...

https://www.reddit.com/r/MintCoin/comments/4om5kb/mintcoin_financial_and_statistical_analysis/
Ricklosti
Member
**
Offline Offline

Activity: 71
Merit: 10


View Profile
July 24, 2016, 03:05:05 AM
 #19537

What is the development status for MINT? Does Mintcoin still have developers working on keeping it updated and improving it? As an investor, I would be interested to know how things are going. I think this coin is excellent and want to see it thrive.
Fuzzbawls
Hero Member
*****
Offline Offline

Activity: 748
Merit: 500



View Profile
July 24, 2016, 03:23:17 AM
 #19538

What is the development status for MINT? Does Mintcoin still have developers working on keeping it updated and improving it? As an investor, I would be interested to know how things are going. I think this coin is excellent and want to see it thrive.

Yes development is still active, albeit slow going. Time constraints and real-life/family obligations amongst the team slow things down more than we would like, but such things are inevitable. We have reached a turning point (and a roadblock) with the 2.1 overhaul and are currently exploring multiple options to proceed.

We cannot give any kind of ETA at the moment, but we are planning on releasing a more detailed and in-depth statement regarding the update when our current hurdles are overcome.
Derek492
Sr. Member
****
Offline Offline

Activity: 357
Merit: 250



View Profile
July 26, 2016, 02:06:33 PM
 #19539

What is the development status for MINT? Does Mintcoin still have developers working on keeping it updated and improving it? As an investor, I would be interested to know how things are going. I think this coin is excellent and want to see it thrive.

Yes development is still active, albeit slow going. Time constraints and real-life/family obligations amongst the team slow things down more than we would like, but such things are inevitable. We have reached a turning point (and a roadblock) with the 2.1 overhaul and are currently exploring multiple options to proceed.

We cannot give any kind of ETA at the moment, but we are planning on releasing a more detailed and in-depth statement regarding the update when our current hurdles are overcome.

Keep up the good work! The most important thing is long term dedication and not giving up. Steady plodding and diligence in your business does bring prosperity. I like to think of Mintcoin sort of like our business. We all have different abilities like trading, coding, marketing, teaching/educating, investing capital, etc. And we all need each other because to do all of it would be too much for 1 person. But I am and probably a lot of us here are planning to be with Mintcoin for the long run. I would even eventually like to pass on the gift of Mintcoin to future generations. Keep on Minting friends!

Stop Mining.   Start Minting.   Mintcoin  [MINT]
5% annual minting reward. Mintcoins don't wear out like mining gear. They keep on minting!
Derek492
Sr. Member
****
Offline Offline

Activity: 357
Merit: 250



View Profile
July 28, 2016, 08:35:10 PM
 #19540

Hey btw, does anyone know if the Bitcoin halving has happened yet?

Stop Mining.   Start Minting.   Mintcoin  [MINT]
5% annual minting reward. Mintcoins don't wear out like mining gear. They keep on minting!
Pages: « 1 ... 927 928 929 930 931 932 933 934 935 936 937 938 939 940 941 942 943 944 945 946 947 948 949 950 951 952 953 954 955 956 957 958 959 960 961 962 963 964 965 966 967 968 969 970 971 972 973 974 975 976 [977] 978 979 980 981 982 983 984 985 986 987 988 989 990 991 992 993 994 995 996 997 998 999 1000 1001 1002 1003 1004 1005 1006 1007 1008 1009 1010 1011 1012 1013 1014 1015 1016 1017 1018 1019 1020 1021 1022 1023 1024 1025 1026 1027 ... 1038 »
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!