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Author Topic: [ANN] [MINT] Mintcoin (POS / 5%) [NO ICO] [Fair distro, community maintained]  (Read 1332421 times)
radi324
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February 20, 2014, 05:34:59 PM
 #2821

I overlooked MintCoin in the first week of its release and started mining in the second week.

If nothing else this coin will make for an excellent proof-of-work experiment, although I can see MintCoin being quite valuable in the future.

A large ongoing proof-of-stake percentage of this coin should really be given away to as many people as possible via social media.

If MintCoin is to act as a true currency then its distribution must be increased. Without increased distribution held coins will have a more limited value and its economy could stagnate not long after the proof-of-work phase is completed.

Early adopters and miners of this coin need to recognize that in terms of total future money supply they are perhaps holding the equivalent of a central bank or small / medium nation state in the long-term.

I ran a distribution model and the forecast for MintCoin is looking really rather good if many initial holders were to donate / giveaway around half of their staked coin profit to new potential users i.e. at least 50% of the 20% (in the 1st year) onwards ... So, 10% or less (or more!) or whatever you you can afford.

The wider population both understands and likes to get interest on their 'money', especially 'high' fixed rates of interest that are guaranteed. Thus, putting a few MintCoins into the hands of as many people as possible is going to create good demand. People will be saying: "Yes. MintCoin works and 20% (even 5%) is a better rate of interest than my bank on my money. I think I'll buy myself some MintCoin!" , "Got to speculate to accumulate"... etc.

The energy saving feature is also obviously a good selling point.

A wide free distribution of around 20 to 200 coins per. person is probably about the right amount. This could decrease against the PoS reward over time i.e. 15 to 150 in the second year etc. This coin (and others like it) could bring a really bright future for crypto-currency in general.

Alms to the crypto-poor - give and you shall receive !   Smiley

This. Enough FUD, funny how in every alt-coin thread in existence there's always someone moaning about pre-mine, whether it exists or not. Concentrate your efforts on promoting the coin if you hold some, you'd be only doing yourselves a disservice if you help in corroding the same coin you're holding - don't be that stupid

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February 20, 2014, 05:37:00 PM
 #2822

THIS IS CRAZY!

NOW THERE IS A PRIZE OF 25,000 MINTCOINS! WIN IT NOW!



http://coinok.pw/scratch/mint


your link here
Gingermod
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February 20, 2014, 05:38:48 PM
 #2823

Premined pump n' dump move along

Lol dude stop hating because or coin is much popular, then your energy consuming coin.
They only mined a few coins, and im pretty sure they wil spend the coins before the pos to ensure the community.
Mint actually has some good features and will not die, thank you for all the dumb miners that are dumping because they will make the smarter people richer and they will invest it in bitcoin again!


Alright buddy
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February 20, 2014, 05:39:54 PM
 #2824

This implies that the premine is actually 19,4% after one year, which is obscene. This will undermine the coins chance to succeed. Let's all together put pressure on the dev to make public all the spent premine coins. Or even better: let him destroy the premine.

Please understand that having premine is crucial for coin success. This is not DOGE where hype got it going. Most coins need injection of funds to get any kind of attention, because theres more that 300 alt coins on the market already.
If premine is used correctly it does not hurt coin in any way. Instead, it can be extremely useful for coins success.
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February 20, 2014, 05:40:33 PM
 #2825

Also, after 5 weeks you're telling me mining is pretty much impossible and you have to buy in? Yeah this will be great for getting the mainstream interested.
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February 20, 2014, 05:42:33 PM
 #2826

This implies that the premine is actually 19,4% after one year, which is obscene. This will undermine the coins chance to succeed. Let's all together put pressure on the dev to make public all the spent premine coins. Or even better: let him destroy the premine.

Please understand that having premine is crucial for coin success. This is not DOGE where hype got it going. Most coins need injection of funds to get any kind of attention, because theres more that 300 alt coins on the market already.
If premine is used correctly it does not hurt coin in any way. Instead, it can be extremely useful for coins success.

That's absolute bullshit, running a crypto-currency isn't even that expensive. You're looking at an under 500 dollar investment if your dev team falters in some areas. That 1% premine right now is worth over 25k, or a third of the total volume this coin is currently trading.
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February 20, 2014, 05:44:07 PM
 #2827

This implies that the premine is actually 19,4% after one year, which is obscene. This will undermine the coins chance to succeed. Let's all together put pressure on the dev to make public all the spent premine coins. Or even better: let him destroy the premine.

Please understand that having premine is crucial for coin success. This is not DOGE where hype got it going. Most coins need injection of funds to get any kind of attention, because theres more that 300 alt coins on the market already.
If premine is used correctly it does not hurt coin in any way. Instead, it can be extremely useful for coins success.

That's absolute bullshit, running a crypto-currency isn't even that expensive. You're looking at an under 500 dollar investment if your dev team falters in some areas. That 1% premine right now is worth over 25k, or a third of the total volume this coin is currently trading.

+1 .Hehe Kergekoin, where do you come up with things like that? Have we in the course of two months established that premine is crucial for coin success?
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February 20, 2014, 05:47:22 PM
 #2828

I overlooked MintCoin in the first week of its release and started mining in the second week.

If nothing else this coin will make for an excellent proof-of-work experiment, although I can see MintCoin being quite valuable in the future.

A large ongoing proof-of-stake percentage of this coin should really be given away to as many people as possible via social media.

If MintCoin is to act as a true currency then its distribution must be increased. Without increased distribution held coins will have a more limited value and its economy could stagnate not long after the proof-of-work phase is completed.

Early adopters and miners of this coin need to recognize that in terms of total future money supply they are perhaps holding the equivalent of a central bank or small / medium nation state in the long-term.

I ran a distribution model and the forecast for MintCoin is looking really rather good if many initial holders were to donate / giveaway around half of their staked coin profit to new potential users i.e. at least 50% of the 20% (in the 1st year) onwards ... So, 10% or less (or more!) or whatever you you can afford.

The wider population both understands and likes to get interest on their 'money', especially 'high' fixed rates of interest that are guaranteed. Thus, putting a few MintCoins into the hands of as many people as possible is going to create good demand. People will be saying: "Yes. MintCoin works and 20% (even 5%) is a better rate of interest than my bank on my money. I think I'll buy myself some MintCoin!" , "Got to speculate to accumulate"... etc.

The energy saving feature is also obviously a good selling point.

A wide free distribution of around 20 to 200 coins per. person is probably about the right amount. This could decrease against the PoS reward over time i.e. 15 to 150 in the second year etc. This coin (and others like it) could bring a really bright future for crypto-currency in general.

Alms to the crypto-poor - give and you shall receive !   Smiley

This. Enough FUD, funny how in every alt-coin thread in existence there's always someone moaning about pre-mine, whether it exists or not. Concentrate your efforts on promoting the coin if you hold some, you'd be only doing yourselves a disservice if you help in corroding the same coin you're holding - don't be that stupid

Usually the complaining about pre-mining is done right away Cheesy

Mintcoin is going to the MOON!  Grin

navarthelol
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February 20, 2014, 05:48:26 PM
 #2829

Good day!

I'm the Co-Founder of CoT-X Crypto-Currencies exchange platform.

We are a new startup based in Singapore. And we are looking to include 5 additional alt-coins to be tradable on the exchange at launch.

if you keen to see Mintcoin listed on the exchange, drop us a email today, and tell us why we should add Mintcoin! Smiley

My promise: If I'm to received 100 emails by Monday midnight EST, requesting for Mintcoin to be added, I will include Mintcoin in the initial launch. Cheesy

https://bitcointalk.org/index.php?topic=472993.0
FB: https://www.facebook.com/cotexchange
Email: support@cot-x.com

Cheers & Regards,
Daniel Chia

Done
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February 20, 2014, 05:49:21 PM
 #2830

I overlooked MintCoin in the first week of its release and started mining in the second week.

If nothing else this coin will make for an excellent proof-of-work experiment, although I can see MintCoin being quite valuable in the future.

A large ongoing proof-of-stake percentage of this coin should really be given away to as many people as possible via social media.

If MintCoin is to act as a true currency then its distribution must be increased. Without increased distribution held coins will have a more limited value and its economy could stagnate not long after the proof-of-work phase is completed.

Early adopters and miners of this coin need to recognize that in terms of total future money supply they are perhaps holding the equivalent of a central bank or small / medium nation state in the long-term.

I ran a distribution model and the forecast for MintCoin is looking really rather good if many initial holders were to donate / giveaway around half of their staked coin profit to new potential users i.e. at least 50% of the 20% (in the 1st year) onwards ... So, 10% or less (or more!) or whatever you you can afford.

The wider population both understands and likes to get interest on their 'money', especially 'high' fixed rates of interest that are guaranteed. Thus, putting a few MintCoins into the hands of as many people as possible is going to create good demand. People will be saying: "Yes. MintCoin works and 20% (even 5%) is a better rate of interest than my bank on my money. I think I'll buy myself some MintCoin!" , "Got to speculate to accumulate"... etc.

The energy saving feature is also obviously a good selling point.

A wide free distribution of around 20 to 200 coins per. person is probably about the right amount. This could decrease against the PoS reward over time i.e. 15 to 150 in the second year etc. This coin (and others like it) could bring a really bright future for crypto-currency in general.

Alms to the crypto-poor - give and you shall receive !   Smiley

This. Enough FUD, funny how in every alt-coin thread in existence there's always someone moaning about pre-mine, whether it exists or not. Concentrate your efforts on promoting the coin if you hold some, you'd be only doing yourselves a disservice if you help in corroding the same coin you're holding - don't be that stupid

Usually the complaining about pre-mining is done right away Cheesy

Mintcoin is going to the MOON!  Grin

I hear this shit in every new premine coin thread. "IT'S GOING TO THE MOON!!! DONT WORRY ABOUT THE PREMINE". Please stop.
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February 20, 2014, 05:49:45 PM
 #2831

Also, after 5 weeks you're telling me mining is pretty much impossible and you have to buy in? Yeah this will be great for getting the mainstream interested.
There are ALOT of people out there that don't know how to mine or don't have the hardware to mine.
They can buy some mint and see them grow without any mining.
Try to do that with a POW coin

Mintcoin: MsFGc9atNN6DddEsQHiq7MgDieoSLwtmg5
InformationCoin: Je4ZhmQBSd68oZ7CeXWMrWEsyprTXAVFuX
Gingermod
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February 20, 2014, 05:50:42 PM
 #2832

Also, after 5 weeks you're telling me mining is pretty much impossible and you have to buy in? Yeah this will be great for getting the mainstream interested.
There are ALOT of people out there that don't know how to mine or don't have the hardware to mine.
They can buy some mint and see them grow without any mining.
Try to do that with a POW coin

Try to get randoms to go through the complicated process of purchasing an inflating currency? Ehh...
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February 20, 2014, 05:50:53 PM
 #2833

Good day!

I'm the Co-Founder of CoT-X Crypto-Currencies exchange platform.

We are a new startup based in Singapore. And we are looking to include 5 additional alt-coins to be tradable on the exchange at launch.

if you keen to see Mintcoin listed on the exchange, drop us a email today, and tell us why we should add Mintcoin! Smiley

My promise: If I'm to received 100 emails by Monday midnight EST, requesting for Mintcoin to be added, I will include Mintcoin in the initial launch. Cheesy

https://bitcointalk.org/index.php?topic=472993.0
FB: https://www.facebook.com/cotexchange
Email: support@cot-x.com

Cheers & Regards,
Daniel Chia

Done

This has to be the most email this guy ever had! Looks like MINT is going to be trading on this exchange too.

jany8293
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February 20, 2014, 05:55:44 PM
 #2834

Even if this coin was premined, I don't think the developers have bad intentions. They've been giving a lot away, including 10,000 Mintcoin to everyone who liked their Facebook page.

I personally received 50,000 for writing an article on my website involving Mintcoin, that was a nice surprise  Smiley

I still agree that the address should be public though. Developers who want a coin to be taken seriously shouldn't be hiding anything at all.

Yes, you are absolutely right!
dille71
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February 20, 2014, 05:55:59 PM
 #2835

Quote
This implies that the premine is actually 19,4% after one year, which is obscene. This will undermine the coins chance to succeed. Let's all together put pressure on the dev to make public all the spent premine coins. Or even better: let him destroy the premine.

This is absolutely wrong!!
current premine-rate: 700.000.000/15.000.000.000=4,7% and that decrease every day

Mintcoin: MsFGc9atNN6DddEsQHiq7MgDieoSLwtmg5
InformationCoin: Je4ZhmQBSd68oZ7CeXWMrWEsyprTXAVFuX
majorminers
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February 20, 2014, 05:59:31 PM
 #2836

I overlooked MintCoin in the first week of its release and started mining in the second week.

If nothing else this coin will make for an excellent proof-of-work experiment, although I can see MintCoin being quite valuable in the future.

A large ongoing proof-of-stake percentage of this coin should really be given away to as many people as possible via social media.

If MintCoin is to act as a true currency then its distribution must be increased. Without increased distribution held coins will have a more limited value and its economy could stagnate not long after the proof-of-work phase is completed.

Early adopters and miners of this coin need to recognize that in terms of total future money supply they are perhaps holding the equivalent of a central bank or small / medium sized nation state in the long-term.

I ran a distribution model and the forecast for MintCoin is looking really rather good if many initial holders were to donate / giveaway around half of their staked coin profit to new potential users i.e. at least 50% of the 20% (in the 1st year) onwards ... So, 10% or less (or more!) or whatever you can afford.

The wider population both understands and likes to get interest on their 'money', especially 'high' fixed rates of interest that is guaranteed. Thus, putting a few MintCoins into the hands of as many people as possible is going to create good demand. People will be saying: "Yes. MintCoin works and 20% (even 5%) is a better rate of interest than my bank on my money. I think I'll buy myself some MintCoin!" , "Got to speculate to accumulate"... etc.

The energy saving feature is also obviously a good selling point.

A wide free distribution of around 20 to 200 coins per. person is probably about the right amount. This could decrease against the PoS reward over time i.e. 15 to 150 in the second year etc. This coin (and others like it) could bring a really bright future for crypto-currency in general.

Alms to the crypto-poor - give and you shall receive !   Smiley

P.S. If said giveaway's do not happen freely then everyone will probably be left holding a big 'bankster' style bag of worthless 'nothings'.

Hint: If your wallet balance looks 'obscene' - think about giving away some of your MintCoins. They will be worth more that way. Probably.

Great idea! Totally agree!

Check your wallet. 100 MINT sent your way  Grin

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February 20, 2014, 06:01:34 PM
 #2837

THIS IS CRAZY!

NOW THERE IS A PRIZE OF 25,000 MINTCOINS! WIN IT NOW!



http://coinok.pw/scratch/mint



really unique game. could i see the source code? i just lost all 5 times  Sad

Producer
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February 20, 2014, 06:07:54 PM
 #2838

I overlooked MintCoin in the first week of its release and started mining in the second week.

If nothing else this coin will make for an excellent proof-of-work experiment, although I can see MintCoin being quite valuable in the future.

A large ongoing proof-of-stake percentage of this coin should really be given away to as many people as possible via social media.

If MintCoin is to act as a true currency then its distribution must be increased. Without increased distribution held coins will have a more limited value and its economy could stagnate not long after the proof-of-work phase is completed.

Early adopters and miners of this coin need to recognize that in terms of total future money supply they are perhaps holding the equivalent of a central bank or small / medium sized nation state in the long-term.

I ran a distribution model and the forecast for MintCoin is looking really rather good if many initial holders were to donate / giveaway around half of their staked coin profit to new potential users i.e. at least 50% of the 20% (in the 1st year) onwards ... So, 10% or less (or more!) or whatever you can afford.

The wider population both understands and likes to get interest on their 'money', especially 'high' fixed rates of interest that is guaranteed. Thus, putting a few MintCoins into the hands of as many people as possible is going to create good demand. People will be saying: "Yes. MintCoin works and 20% (even 5%) is a better rate of interest than my bank on my money. I think I'll buy myself some MintCoin!" , "Got to speculate to accumulate"... etc.

The energy saving feature is also obviously a good selling point.

A wide free distribution of around 20 to 200 coins per. person is probably about the right amount. This could decrease against the PoS reward over time i.e. 15 to 150 in the second year etc. This coin (and others like it) could bring a really bright future for crypto-currency in general.

Alms to the crypto-poor - give and you shall receive !   Smiley

P.S. If said giveaway's do not happen freely then everyone will probably be left holding a big 'bankster' style bag of worthless 'nothings'.

Hint: If your wallet balance looks 'obscene' - think about giving away some of your MintCoins. They will be worth more that way. Probably.

Great idea! Totally agree!

Check your wallet. 100 MINT sent your way  Grin

Yes, I got it right away, thank you very much, haha
majorminers
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February 20, 2014, 06:12:20 PM
 #2839

I overlooked MintCoin in the first week of its release and started mining in the second week.

If nothing else this coin will make for an excellent proof-of-work experiment, although I can see MintCoin being quite valuable in the future.

A large ongoing proof-of-stake percentage of this coin should really be given away to as many people as possible via social media.

If MintCoin is to act as a true currency then its distribution must be increased. Without increased distribution held coins will have a more limited value and its economy could stagnate not long after the proof-of-work phase is completed.

Early adopters and miners of this coin need to recognize that in terms of total future money supply they are perhaps holding the equivalent of a central bank or small / medium sized nation state in the long-term.

I ran a distribution model and the forecast for MintCoin is looking really rather good if many initial holders were to donate / giveaway around half of their staked coin profit to new potential users i.e. at least 50% of the 20% (in the 1st year) onwards ... So, 10% or less (or more!) or whatever you can afford.

The wider population both understands and likes to get interest on their 'money', especially 'high' fixed rates of interest that is guaranteed. Thus, putting a few MintCoins into the hands of as many people as possible is going to create good demand. People will be saying: "Yes. MintCoin works and 20% (even 5%) is a better rate of interest than my bank on my money. I think I'll buy myself some MintCoin!" , "Got to speculate to accumulate"... etc.

The energy saving feature is also obviously a good selling point.

A wide free distribution of around 20 to 200 coins per. person is probably about the right amount. This could decrease against the PoS reward over time i.e. 15 to 150 in the second year etc. This coin (and others like it) could bring a really bright future for crypto-currency in general.

Alms to the crypto-poor - give and you shall receive !   Smiley

P.S. If said giveaway's do not happen freely then everyone will probably be left holding a big 'bankster' style bag of worthless 'nothings'.

Hint: If your wallet balance looks 'obscene' - think about giving away some of your MintCoins. They will be worth more that way. Probably.

Great idea! Totally agree!

Check your wallet. 100 MINT sent your way  Grin

Yes, I got it right away, thank you very much, haha

You're welcome. Maybe it will start a movement  Grin

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February 20, 2014, 06:27:21 PM
 #2840

Will this end up being the first pure POS coin? I'm interested in seeing what happens.


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