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Author Topic: [ANN] [MINT] Mintcoin (POS / 5%) [NO ICO] [Fair distro, community maintained]  (Read 1331846 times)
bob131313
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February 22, 2014, 06:40:26 PM
 #3361


I think to a point it doesn't matter,  I view crypto currencies as the next/new stores of value for the digital age.   Sure we will still have NYSE, Nike and Komatsu however.  For the younger generations I suspect a digital asset of mathematical rarity will make as much sense as a company that makes shoes fairly well.    Or more specifically I don't think a coin has to be widely traded to be of use.   I think MINT could be a purely speculative investment that might really pay off regardless of if it finds much Utility.

The world seems hungry for Crypto,  who knows what is going to happen next.

I think utility might not be entirely pertinent at least as a means for speculative adjustment. A few of the major coins with utility will start to become indispensable. Although admittedly with the wrong adjustment we can still see hyper inflation (regardless of being a capped coin supply or not) in the same way we have external risk factors influence financial crisis.

It seems to me that the younger generation is clutching onto things like crypto as many struggle to make serious financial gains through traditional means. I wouldn't explicitly refer to any crypto in the same way as I'd see public companies because production and service value are major factors in their market valuation. They're not entirely speculative, it's not a chicken and egg scenario. Their production value signals market adjustment. Rather than arbitrary 'out of thin air' adjustment.

Crypto like Mint is more in line with gold/silver/art/diamond/ruby holdings, where crypto like BTC/Doge are seemingly set to be more in line with USD/Euro/etc currencies that are dependent on their utility. ie the amount of produced goods or services that their 'money' (crypto) can buy. In a lot of ways Mint is a little more sincere than a lot of commodities where we have a difference between 'perceived' and 'actual' supply that is itself manipulated a great deal. But it's also a little naive to think that because we're here right now we will benefit most from the next financial instrument. What's to stop the next kid deciding they didn't get their fair share, so they want a large chunk of the crypto market by creating their own coin? Not a lot at the moment. The barriers to entry are tiny. As a matter of fact, it's exceedingly easy to start a new coin. There needs to be differentiation, and something involving more than a nice green tinge that determines value.

I'm interested to see what happens to the entry requirements of crypto over the long term, and the adoption of new crypto. If you consider we currently have less than 100 cryptos that make any sort of long term sense, will we see another 100 over the next year? Or will we see more like 2,000 additions over the next year? The reason real world (natural) commodities serve as a valid indicator for 'wealth' is that there aren't any new ones to be found. Other artificial commodities like art are entirely speculative, new artificial (and limited) commodities come up on a regular basis, but it takes skill/talent (and a lot of luck) to become the next Picasso.

The technical side of coin creation is moot at this point. Anyone can create one. Community building, competent & responsive devs & a fast/secure network are what makes a coin succeed.  As a community we have the ability to move this coin to the top.  We as a community still have issues to address, but over-all we are going great.

I am supportive of  a strong community and accountability of the devs. I do not support the creation of a 'foundation' or central cabal. The basis of crypto is that if a coin changes for the worse( ie doge infinite inflation) the community has the ability to accept/decline that change by mining. This is a fallacy since the coin devs are usually inline with the major pools and mining continues on the new fork.

Just my 2 cents.
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February 22, 2014, 06:41:31 PM
 #3362

I can't get my wallet to sync. I followed the instructions and still nothing. Can someone help please?
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February 22, 2014, 06:52:58 PM
 #3363

Try adding this to your config:


addnode=184.72.188.245
addnode=162.243.4.85
addnode=115.28.140.128
addnode=113.135.64.107
addnode=27.33.253.164
addnode=86.26.190.235
addnode=153.19.215.115
addnode=115.28.134.205
addnode=223.152.73.253
addnode=122.178.204.154
addnode=115.28.162.160
addnode=81.108.157.78
addnode=180.112.221.68
addnode=120.144.87.195
addnode=31.53.158.152
addnode=50.102.222.206
addnode=60.182.177.105
addnode=217.118.83.145
addnode=119.119.151.106
addnode=218.77.97.176
addnode=182.112.134.112
addnode=106.68.126.251
addnode=195.38.122.80
addnode=162.243.4.85
addnode=62.221.120.216
addnode=49.66.59.73
addnode=124.168.123.204
addnode=223.198.48.85
addnode=162.223.48.19
addnode=212.247.109.253
addnode=188.162.40.67
addnode=24.49.13.97
addnode=203.208.83.100
addnode=91.2.7.117
addnode=80.123.21.76
addnode=14.148.0.173
addnode=64.58.130.180
addnode=89.168.237.30
addnode=122.224.95.209
addnode=182.112.134.112
addnode=95.89.180.80
addnode=77.254.241.222
addnode=92.13.231.33
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February 22, 2014, 07:07:20 PM
 #3364

I will be running a $500 Mintcoin marketing campaign, starting on Reddit. If there are any particular subs I should be aiming for, let me know. Bear in mind subs like Bitcoin and Litecoin have their ad slots full for the foreseeable future.

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February 22, 2014, 07:15:24 PM
 #3365

I will be running a $500 Mintcoin marketing campaign, starting on Reddit. If there are any particular subs I should be aiming for, let me know. Bear in mind subs like Bitcoin and Litecoin have their ad slots full for the foreseeable future.

peercoin would be a natural subreddit ... people who like POS.


NEM   NanoWallet   SuperNodes   Apostille   Landstead   Catapult   Mijin
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February 22, 2014, 07:25:48 PM
 #3366

I will be running a $500 Mintcoin marketing campaign, starting on Reddit. If there are any particular subs I should be aiming for, let me know. Bear in mind subs like Bitcoin and Litecoin have their ad slots full for the foreseeable future.

peercoin would be a natural subreddit ... people who like POS.



Agreed +1

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February 22, 2014, 08:09:36 PM
 #3367

Coming soon:

A lobby website to boost merchant acceptance.

Here is the idea:

The community agrees on a list of websites/merchants that could potentially accept MintCoin as a payment.
For each merchant, there is meter that community makes growing as a purchase promise (no fake promise please), with a goal to achieve. Something like Kickstarter.
Once the goal is achieved, we contact the merchant, and say: look, we have 10M Mint to spend in your store if you accept MintCoin. So, do that!

I will have the merchant acceptance website running by Thursday 27th Feb at latest.
asdlolciterquit
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February 22, 2014, 09:01:18 PM
 #3368

Yo guys!

How many coins dya reckon I'll get per day with 5.7Mhash? Smiley Thanks

edit - and whats the best pool right now? Smiley
750-800k if the diff stays the same!
http://mint.hashstrike.com/index.php?page=statistics&action=pool

been on hashstrike almost an hour and only 5k coins. Sad

try mnt.coins4everyone.com, that's THE pool, you won't regret! ;-)

it doesn't work right now Sad

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Network
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futile-resistance
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February 22, 2014, 09:06:12 PM
 #3369

I will be running a $500 Mintcoin marketing campaign, starting on Reddit. If there are any particular subs I should be aiming for, let me know. Bear in mind subs like Bitcoin and Litecoin have their ad slots full for the foreseeable future.

The dogecoin reddit has a lot of fresh cryptocurrency blood coming into it. Maybe try some there.


      ██       ▄▄▄       ██
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erickarsfast
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February 22, 2014, 09:07:35 PM
 #3370

Yo guys!

How many coins dya reckon I'll get per day with 5.7Mhash? Smiley Thanks

edit - and whats the best pool right now? Smiley
750-800k if the diff stays the same!
http://mint.hashstrike.com/index.php?page=statistics&action=pool

been on hashstrike almost an hour and only 5k coins. Sad

try mnt.coins4everyone.com, that's THE pool, you won't regret! ;-)

it doesn't work right now Sad


And now ?

We had a wallet issue like other pools (it is recurrent) but now everything is fine.

And if you need, coins4everyone Team is always here to help !

Join US on www.coins4everyone.com
Support our POOL - BTC :  1KLXhy6H4enkHxmw8rUA2DYbS9tpLwWr5f
andyatcrux
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February 22, 2014, 09:08:21 PM
 #3371

700 Million coin premine ...  Huh

anyone going to explain this ...

If this is a real question and you are not just trolling this thread then it's right on the announcement page "  - 1% premine for bounties, giveaways, development, support and maintenance, new feature developments etc."

And if you have been visiting the giveaway pages and this forum you would see that this is exactly where that coin has been going. We have had our share of scam coins for sure, but the new scam is the newbies offering IPOs without anyone vouching. Stackcoin dev made away with 60 BTC last night. So if you are indeed trying to rip at Mint for the development fund it procured, you are misdirecting your skepticism. There's a few dozen other coins that could use your scrutiny.  
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February 22, 2014, 09:12:19 PM
 #3372

700 Million coin premine ...  Huh

anyone going to explain this ...

If this is a real question and you are not just trolling this thread then it's right on the announcement page "  - 1% premine for bounties, giveaways, development, support and maintenance, new feature developments etc."

And if you have been visiting the giveaway pages and this forum you would see that this is exactly where that coin has been going. We have had our share of scam coins for sure, but the new scam is the newbies offering IPOs without anyone vouching. Stackcoin dev made away with 60 BTC last night. So if you are indeed trying to rip at Mint for the development fund it procured, you are misdirecting your skepticism. There's a few dozen other coins that could use your scrutiny.  
+1 this coin is legit. Great development team.

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February 22, 2014, 09:13:24 PM
 #3373

700 Million coin premine ...  Huh

anyone going to explain this ...
I've yet to see anyone really talk about this, other then asking.  Sad
I'd be interested to hear how many of the 700 are left.
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February 22, 2014, 09:17:00 PM
 #3374

700 Million coin premine ...  Huh

anyone going to explain this ...
I've yet to see anyone really talk about this, other then asking.  Sad
I'd be interested to hear how many of the 700 are left.

I would also like to raise a rather important point about the premine; it can generate PoS too. Anyone want to do the math on how much PoS the remainder of the premine will generate?

BTC - 14kYyhhWZwSJFHAjNTtyhRVSu157nE92gF
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February 22, 2014, 09:30:33 PM
 #3375

700 Million coin premine ...  Huh

anyone going to explain this ...
I've yet to see anyone really talk about this, other then asking.  Sad
I'd be interested to hear how many of the 700 are left.

I would also like to raise a rather important point about the premine; it can generate PoS too. Anyone want to do the math on how much PoS the remainder of the premine will generate?

I think somewhere in this thread someone had a link to the what they thought was the balance...as I recall all 700 million were all still unmoved, (but that was a while ago). Looking at the math, 700 million is 1% of the total, but let's just assume they do not move the coins at all for 40 years or whatever and apply all of them to PoS minting, then it would come out to about ~3.5%-5% of the total money supply. But Since the coins are slated to be used for various purposes i.e. "bounties, giveaways, development, support and maintenance, new feature developments etc." it probably will be less than 5% for sure. I'm not too worried, the development seems very active and engaged and a lot of works are in place to foster merchant acceptance etc.  Keep an eye on this coin.

(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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February 22, 2014, 09:43:46 PM
 #3376

Still crackin' MINT blocks all day long: http://mint.majorminers.com/

There's still a lot of time to mine Mintcoin profitably. Then, when the mining is done, MINT some!  Grin

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February 22, 2014, 09:53:31 PM
 #3377

when the mining is done, MINT some!  Grin


lol,nice slogan  Grin.
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February 22, 2014, 09:58:54 PM
 #3378

700 Million coin premine ...  Huh

anyone going to explain this ...
I've yet to see anyone really talk about this, other then asking.  Sad
I'd be interested to hear how many of the 700 are left.

I would also like to raise a rather important point about the premine; it can generate PoS too. Anyone want to do the math on how much PoS the remainder of the premine will generate?

I think somewhere in this thread someone had a link to the what they thought was the balance...as I recall all 700 million were all still unmoved, (but that was a while ago). Looking at the math, 700 million is 1% of the total, but let's just assume they do not move the coins at all for 40 years or whatever and apply all of them to PoS minting, then it would come out to about ~3.5%-5% of the total money supply. But Since the coins are slated to be used for various purposes i.e. "bounties, giveaways, development, support and maintenance, new feature developments etc." it probably will be less than 5% for sure. I'm not too worried, the development seems very active and engaged and a lot of works are in place to foster merchant acceptance etc.  Keep an eye on this coin.

Several people including me already got rewarded for supporting the coin in different ways. I got a nice chunk of MINT for running a node to support the network when we had all the sync issues few days ago.

There are also giveaways on the mintcoin forums. The devs are very active in the background and put a big amount of work into this project.

So stop whining about the premine and start supporting the coin and maybe get rewarded also. There is still much stuff to do.
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February 22, 2014, 10:08:18 PM
 #3379

MINT is energy efficient, super fast, and will have a wide distribution of initial coins.

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February 22, 2014, 10:27:41 PM
 #3380

I will be running a $500 Mintcoin marketing campaign, starting on Reddit. If there are any particular subs I should be aiming for, let me know. Bear in mind subs like Bitcoin and Litecoin have their ad slots full for the foreseeable future.

The dogecoin reddit has a lot of fresh cryptocurrency blood coming into it. Maybe try some there.

Good idea. I'll also try the peercoin subreddit as others suggested.

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