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Author Topic: [ANN] [MINT] Mintcoin (POS / 5%) [NO ICO] [Fair distro, community maintained]  (Read 1312392 times)
bizzargin
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March 07, 2017, 12:54:31 AM
 #19941

I think we all believe that MINT is a hidden gem, but right now all we are is a bunch of bag holders.  I've believed in this coin since day 1, and mined some of the first blocks 3 years ago, but we need to get this coin used and less holding.  I've watched it land on the biggest exchanges and now it barely has life on the smallest exchange.  We are on the verge of moving to a permanent LTC/MINT pairing and at that point, we all know how hard it is to get it back to BTC.  In fact, I've never seen it happen.

We have great devs here and a community thats willing to help this coin grow, but what it really needs is a place to be spent and circulated, put back into a viable exchange and the retailers can convert back to BTC or whichever they prefer.   Once we lose the BTC pairing,  it's lights out.

Sorry for the negativity lately, but it sucks watching this coin go from what it was, where it was going, and where it is today.

I entered this community much later then you as I never mined mint.  While many would like to see more volume on this coin, my question to an OG community member is, what are your solutions?  How are you working to solve this issue?  

You call yourself a bag holder.  Why are you holding when you think the coin should be spent?  Have you considered doing some transactions?  If no then why?  Have you suggested a product or service you'd like to purchase with mint?

Mint will become what the active community members want it to be.  You don't have to be a dev or part of the team to contribute.

On a side note...some preview images of the new Mint Cards were released on the Slack channel today.   Shocked

I don't think there is a solution, that's part of my point.  I'm a bag holder because it is encouraged to MINT my coins.  I get my 5% by keeping coins X amount of days untouched in my wallet but 5% of zero is zero.   If I were to move them, it would not be for any kind of product because it's not an option.  It would be to an exchange, to change to BTC, to another altcoin in hopes of riding their waves, then back to BTC.  Wash, rinse, repeat until the exchange closes and steals yo shit.

The MINT cards are a great idea for those that like to collect things, beyond that it doesn't have any appeal to me unfortunately.

I'll show myself out

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Derek492
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March 07, 2017, 05:25:34 AM
 #19942


I don't think there is a solution, that's part of my point.  I'm a bag holder because it is encouraged to MINT my coins.  I get my 5% by keeping coins X amount of days untouched in my wallet but 5% of zero is zero.   If I were to move them, it would not be for any kind of product because it's not an option.  It would be to an exchange, to change to BTC, to another altcoin in hopes of riding their waves, then back to BTC.  Wash, rinse, repeat until the exchange closes and steals yo shit.

The MINT cards are a great idea for those that like to collect things, beyond that it doesn't have any appeal to me unfortunately.

I'll show myself out


You do realize that $360 worth of MINT, gives you $0.05 per day, or 0.00003846 BTC per day. You know how much mining gear you would need to invest in to get that?

Stop Mining.   Start Minting.   Mintcoin  [MINT]
5% annual minting reward. Mintcoins don't wear out like mining gear. They keep on minting!
senopratama
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March 07, 2017, 05:38:52 AM
 #19943

great , cool ico.. love it
how can to join this ico without download a wallet sir ?

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★YoBit.Net★ 200+ Coins Exchange & Dice


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March 07, 2017, 05:55:21 AM
 #19944

great , cool ico.. love it
how can to join this ico without download a wallet sir ?

da fuq you talkin about!?

mintcointeam
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March 07, 2017, 06:23:20 PM
 #19945

great , cool ico.. love it
how can to join this ico without download a wallet sir ?

WARNING:  WE HAVE NO ASSOCIATION WITH MINTCOIN DOT ORG

Official website is mintcoinofficial.com
Flyskyhigh
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Ezekiel 34:11, John 10:25-30


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March 07, 2017, 09:34:47 PM
 #19946

great , cool ico.. love it
how can to join this ico without download a wallet sir ?

WARNING:  WE HAVE NO ASSOCIATION WITH MINTCOIN DOT ORG

Official website is mintcoinofficial.com
Why? What's going on?

Sick of mining?  Start minting!  5% per year!  Mintcoin "MINT"
bizzargin
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March 08, 2017, 02:32:05 AM
 #19947


I don't think there is a solution, that's part of my point.  I'm a bag holder because it is encouraged to MINT my coins.  I get my 5% by keeping coins X amount of days untouched in my wallet but 5% of zero is zero.   If I were to move them, it would not be for any kind of product because it's not an option.  It would be to an exchange, to change to BTC, to another altcoin in hopes of riding their waves, then back to BTC.  Wash, rinse, repeat until the exchange closes and steals yo shit.

The MINT cards are a great idea for those that like to collect things, beyond that it doesn't have any appeal to me unfortunately.

I'll show myself out


You do realize that $360 worth of MINT, gives you $0.05 per day, or 0.00003846 BTC per day. You know how much mining gear you would need to invest in to get that?

I prob spent more than that each day keeping my PC powered on minting.  Regardless, I know it will go up now since I sold so you're welcome!  I just hope you guys never get to an LTC market.

And just for reference, $360 in hash power gets me this daily without electricity cost...


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March 08, 2017, 08:09:08 PM
 #19948

And just for reference, $360 in hash power gets me this daily without electricity cost...



Yes, but for how many days? It's not indefinitely. I used to be miner, and do all the calculations. I have a spreadsheet I used to calculate with; it has all the variables to break it down over time. I haven't taken a comparison lately though. Makes me curious. Looks like you're renting the hashpower? How long (how many hours) total were you able to rent it for at that hashrate? Just a rough estimate, but you need to mine back somewhere in the neighborhood of 0.27 BTC just to break even.

Sick of mining?  Start minting!  5% per year!  Mintcoin "MINT"
bizzargin
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March 08, 2017, 11:02:39 PM
 #19949

Its a lifetime contract for $349 US.  2.5 T hashrate. It mined 0.028 BTC in FEB.   It keeps me involved if anything since my miners have gone the wayside.  

Regardless, I wish the best for Mintcoin.  It was the only altcoin I actually held.

Cheers
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March 09, 2017, 12:03:45 AM
 #19950

Its a lifetime contract for $349 US.  2.5 T hashrate. It mined 0.028 BTC in FEB.   It keeps me involved if anything since my miners have gone the wayside.  

Regardless, I wish the best for Mintcoin.  It was the only altcoin I actually held.

Cheers

Cloud mining thru a third party?  Paying up front and expecting to recoup those costs over a period of time?
bizzargin
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March 09, 2017, 01:41:35 AM
 #19951

Its a lifetime contract for $349 US.  2.5 T hashrate. It mined 0.028 BTC in FEB.   It keeps me involved if anything since my miners have gone the wayside.  

Regardless, I wish the best for Mintcoin.  It was the only altcoin I actually held.

Cheers

Cloud mining thru a third party?  Paying up front and expecting to recoup those costs over a period of time?

Yep.  It's gone pretty well considering there is so much negativity around cloud mining.  I know all the "you never get your money back", "SCAMS" stuff but I've never had issues and I believe I made a fair amount of BTC given my hashrate.  It will take ~18 months to break even with the price where it is at.   I did this instead of buying BTC because I expect BTC to increase exponentially over time and I'd rather get BTC coming consistently.  If I have .3 BTC and price moves to $2k USD, I'll be well up and still getting rewards each day. (Yes I know network hash will increase as price does, etc)

Also, as a Canadian it's not as easy as you think to get fiat into BTC.   There are a few sites but outrageous fees.
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March 09, 2017, 02:09:03 AM
 #19952

I'm sure you're well aware that you're now at the mercy of the cloud mining service.  Holding mint (aka initial investment) in a personal wallet does not require trust from a third party and recoup is not required.  I wish you the best.
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Mintcoin: Get some


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March 09, 2017, 06:46:32 AM
 #19953

I can't help but chime in.
That is 1 BIG big takeaway; the fact that you have to opt for trust in a centralized 3rd party, rather than promoting the decentralized option.  One thing interesting too is your valuation in fiat vs valuation in crypto.

Another thing to note:
A lifetime contract is still limited to a lifetime. No future generations. No ability to pass on your inheritance to your children's' children? No generational wealth potential.

There is a good Proverb 13:22  "A good man leaveth an inheritance to his children's children: and the wealth of the sinner is laid up for the just."


I leave you with some thoughts:

People find waiting for a larger reward more difficult when an immediate reward is physically close to them, openly visible, or partially sensed.

The best traders think differently from the rest.  The best traders aren't afraid.

Afraid of:
1. being wrong.
2. losing money.
3. missing out.
4. leaving money you could have taken on the table.

These are the four primary trading fears. Your fears will act against you in such a way that you will cause the very thing you are afraid of to actually happen.

Learning to accept the risk is a trading skill; the most important skill you can learn. Develop the skill of risk acceptance.

The cold hard reality of trading is that every trade has an uncertain outcome. Confidence and fear are contradictory states of mind that both stem from our beliefs and attitudes. Eliminate the tendency to rationalize, hesitate, jump the gun, hope that the market will give you money, or hope that the market will save you from your inability to cut your losses. Trade without the slightest bit of fear, but do not allow yourself to become reckless. This is vital. You can't work on overcoming it, though, if you don't even know it is a problem. No matter how good a trade looks, it could lose. So however, eliminating fear is only half the equation; the other half is the need to develop restraint. Eventually we all, even the best, experience a losing trade. The markets are just too erratic and are too many variables to consider for anyone to be right every time. The right mindset is like unto a restaurant owner incurring the expense (loss) of having to buy food, to keep the business going.  If you never accept the times you need to be buying the food, you will be permanently out of business.

(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.
bizzargin
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March 09, 2017, 07:47:50 AM
 #19954

Lol I'm not looking to leave my 2.5 Thash power to anyone.  It will be worthless in less than 4 years.  I think my point has been missed that I wanted SOMETHING for my Mint before it was nothing.  I've had the hashing power for months, long before I sold my MINT. 

And yes, fiat and crypto go hand in hand. That's why it's compared to Usd.   I don't measure Mint or Btc in any other way.  Seems stupid to say 1 Mint = 3 potatoes.   The reason the gold standard was a thing was because ppl could associate how valuable fiat is in comparison to it.  Eventually when we move toward crypto, we can leave fiat behind just as we did with gold but for now ppl need to associate the value of crypto with something they know. (Difference being gold is actually a valuable resource, not just paper)   

And as for trading, my years spent Forex trading and writing EAs has had its shares of ups and downs.  I'm not afraid to lose when I know I'm managing my risk correctly.  I'm just not willing to lose it for nothing.  If MINT manages to stay a BTC pairing and maybe grow a few sats, why couldn't I invest back in?  Maybe I'll get some on its 5Th bday

Anyways great chats and wish MINT all the best. 
coolbeans94
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March 10, 2017, 05:30:53 AM
 #19955

IMO, in 4 years, MINT will not be worthless; not only that, but it will keep on minting. Big assumption to say that it is going to nothing.

Anyway, today marks the 3-year point since MINT became POS only.


Here are a few MINTCOIN NETWORK STATISTICS as of March 9, 2017:

Total MINT coins outstanding:                     24,218,802,628
Total value per Mintcoin:                            $0.000035 USD or .00000003 BTC
Total market capitalization:                          $867,273 USD or        722.7 BTC
Total time as Proof of Stake only:                      1,097 days
Total time since 5% APR:                                      97 days
Total coins Ever Minted since pure POS only:   5,608,089,338
Total coins Minted since 5% APR:                     318,802,628

Total value of coins Ever Minted:                         $196,283 USD or 163.5 BTC
Total value of coins Minted since 5% APR:               $11,158 USD or    9.3 BTC

Average Value Minted per day from coins ever minted:   $179 USD or    .15 BTC


I hope this helps some to understand. Mintcoin is so mint!

Enjoy!   Smiley


(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.
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March 10, 2017, 07:18:45 PM
 #19956

@coolbeans94: Like always nice to see some statistics, thanks for that Smiley


Crazy to think that MINT has been PoS for so long already, time moved so quickly and we are still arround.
Great things happening in the MINTCOIN space. I personally cant wait to see where we stand in 3 years. But im confident we will still be arround and stronger then ever.
georgidimitrov
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March 14, 2017, 04:11:54 PM
 #19957

is there a good exchange with a MINT/DOGE trade pair?
MintyAllDay
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March 14, 2017, 05:10:54 PM
 #19958

is there a good exchange with a MINT/DOGE trade pair?

https://www.cryptopia.co.nz/Exchange/?market=MINT_DOGE

Twitter @MintyAllDay
MintyMintcoin.com
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March 22, 2017, 06:03:05 PM
 #19959

Mint Cards #2:  Big Fern and #3:  Fork of August 2015 are now available.  396 cards were printed in total, each with it's own unique public address and private key.  240 cards will be distributed at CoinFestUK 2017 in April.  I've added another protective layer over the hologram which may improve security on the card itself in comparison to the original, Mint Lotus Alpha.

You can purchase a new card with mintcoin in the Mint Shop at mintymintcoin.com or on Twitter @MintcoinShop.  More info and pics:  http://mintymintcoin.com/MintCards.html

Twitter @MintyAllDay
MintyMintcoin.com
coolbeans94
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March 23, 2017, 05:41:20 AM
 #19960

Mint Cards #2:  Big Fern and #3:  Fork of August 2015 are now available.  396 cards were printed in total, each with it's own unique public address and private key.  240 cards will be distributed at CoinFestUK 2017 in April.  I've added another protective layer over the hologram which may improve security on the card itself in comparison to the original, Mint Lotus Alpha.

You can purchase a new card with mintcoin in the Mint Shop at mintymintcoin.com or on Twitter @MintcoinShop.  More info and pics:  http://mintymintcoin.com/MintCards.html

Nice. Are you going to do any burns?  Smiley

(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.
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