[ANN] [MINT] Mintcoin (POS / 5%) [NO ICO] [Fair distro, community maintained]

[NutMasterTardd]

Why is mint holding steady while BTC crashes?

Even though trade volume nearly halved?

'

Mint is traded in BTC so it crashed with it.

I wouldn't call 40 satoshi a crash. More like a correction.

Was expecting 20 sat prices after mtgox tbh.

What are your predictions on the price in a few days?

Why were you expecting that? BTC is going down in flames, mint pow phase is ending. I'd rather have mint than BTC.

Are you a fucking idiot? Mt. Gox is going down and has been, they are being bought out.
Have a peek at Coinbase prices, they are 534.00 USD per BTC as are other BTC exchanges.

I remember when I first heard of BTC it was 10 cents per Bitcoin.

Mint will not replace BTC, without BTC Alt currency is worthless.

You can't say that like it's a fact, it is unlikely but nobody knows what will replace Bitcoin if anything.

No, it is a fact. MINT is directly tied to bitcoin. Until MINT gets it's own usd-to-mint exchange, it cannot "replace" bitcoin.

So you're saying it can't get it's own USD/Mint market?

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[taken2]

Welcome to TaKeN p2pool!
Pool fee is 1%.
More info: http://taken.pl

Mint p2pool
MintCoin P2Pool - STATUS: UP
Pool URL: http://taken.pl:8866
Username: MintCoin Address
Password: Anything
Algorithm: Scrypt
Don't use an exchange address - Use your wallet address!

[ManOnTheMoon]

Why is mint holding steady while BTC crashes?

Even though trade volume nearly halved?

'

Mint is traded in BTC so it crashed with it.

I wouldn't call 40 satoshi a crash. More like a correction.

Was expecting 20 sat prices after mtgox tbh.

What are your predictions on the price in a few days?

Why were you expecting that? BTC is going down in flames, mint pow phase is ending. I'd rather have mint than BTC.

Are you a fucking idiot? Mt. Gox is going down and has been, they are being bought out.
Have a peek at Coinbase prices, they are 534.00 USD per BTC as are other BTC exchanges.

I remember when I first heard of BTC it was 10 cents per Bitcoin.

Mint will not replace BTC, without BTC Alt currency is worthless.

You can't say that like it's a fact, it is unlikely but nobody knows what will replace Bitcoin if anything.

No, it is a fact. MINT is directly tied to bitcoin. Until MINT gets it's own usd-to-mint exchange, it cannot "replace" bitcoin.

So you're saying it can't get it's own USD/Mint market?

I'm saying that until that happens MINT cannot be talked about as an individual entity, and if BTC plummets to 1$ it will take MINT with it. Granted, I am surprised that MINT is holding up exceptionally well given the recent news.

[brokedummy]

Why is mint holding steady while BTC crashes?

Even though trade volume nearly halved?

'

Mint is traded in BTC so it crashed with it.

I wouldn't call 40 satoshi a crash. More like a correction.

Was expecting 20 sat prices after mtgox tbh.

What are your predictions on the price in a few days?

Why were you expecting that? BTC is going down in flames, mint pow phase is ending. I'd rather have mint than BTC.

Are you a fucking idiot? Mt. Gox is going down and has been, they are being bought out.
Have a peek at Coinbase prices, they are 534.00 USD per BTC as are other BTC exchanges.

I remember when I first heard of BTC it was 10 cents per Bitcoin.

Mint will not replace BTC, without BTC Alt currency is worthless.

You can't say that like it's a fact, it is unlikely but nobody knows what will replace Bitcoin if anything.

No, it is a fact. MINT is directly tied to bitcoin. Until MINT gets it's own usd-to-mint exchange, it cannot "replace" bitcoin.

I'm pretty sure you can trade USD for RMB and RMB for MINT. So yes Bitcoin is not needed.

[broken_pixel]

Ask the Digitalcoin Dev to add Mint.

https://cryptoave.com/

And what news are you referring to? Mt Gox? Mt. Gox is an exchange and is effecting prices within its own exchange. Stop reading and believing CNN, Bloomberg, etc FUD about Bitcoins.

[NutMasterTardd]

Why is mint holding steady while BTC crashes?

Even though trade volume nearly halved?

'

Mint is traded in BTC so it crashed with it.

I wouldn't call 40 satoshi a crash. More like a correction.

Was expecting 20 sat prices after mtgox tbh.

What are your predictions on the price in a few days?

Why were you expecting that? BTC is going down in flames, mint pow phase is ending. I'd rather have mint than BTC.

Are you a fucking idiot? Mt. Gox is going down and has been, they are being bought out.
Have a peek at Coinbase prices, they are 534.00 USD per BTC as are other BTC exchanges.

I remember when I first heard of BTC it was 10 cents per Bitcoin.

Mint will not replace BTC, without BTC Alt currency is worthless.

You can't say that like it's a fact, it is unlikely but nobody knows what will replace Bitcoin if anything.

No, it is a fact. MINT is directly tied to bitcoin. Until MINT gets it's own usd-to-mint exchange, it cannot "replace" bitcoin.

So you're saying it can't get it's own USD/Mint market?

I'm saying that until that happens MINT cannot be talked about as an individual entity, and if BTC plummets to 1$ it will take MINT with it. Granted, I am surprised that MINT is holding up exceptionally well given the recent news.

But you stated "Mint will not replace BTC" which is an opinion, not a fact. It's unlikely sure but nobody knows the future in the crypto game. We're all waiting for Bitcoin 2.0 to come along, hopefully will be on that train.

[broken_pixel]

Why is mint holding steady while BTC crashes?

Even though trade volume nearly halved?

'

Mint is traded in BTC so it crashed with it.

I wouldn't call 40 satoshi a crash. More like a correction.

Was expecting 20 sat prices after mtgox tbh.

What are your predictions on the price in a few days?

Why were you expecting that? BTC is going down in flames, mint pow phase is ending. I'd rather have mint than BTC.

Are you a fucking idiot? Mt. Gox is going down and has been, they are being bought out.
Have a peek at Coinbase prices, they are 534.00 USD per BTC as are other BTC exchanges.

I remember when I first heard of BTC it was 10 cents per Bitcoin.

Mint will not replace BTC, without BTC Alt currency is worthless.

You can't say that like it's a fact, it is unlikely but nobody knows what will replace Bitcoin if anything.

No, it is a fact. MINT is directly tied to bitcoin. Until MINT gets it's own usd-to-mint exchange, it cannot "replace" bitcoin.

I'm pretty sure you can trade USD for RMB and RMB for MINT. So yes Bitcoin is not needed.

I think you need a bit more time and experience within the Crypto currency world. 

[DougB62]

We're all waiting for Bitcoin 2.0 to come along, hopefully will be on that train.

We hope Mint IS that train! lol!

[NutMasterTardd]

We're all waiting for Bitcoin 2.0 to come along, hopefully will be on that train.

We hope Mint IS that train! lol!

It could be Your guess is as good as mine buddy.

[ManOnTheMoon]

But you stated "Mint will not replace BTC" which is an opinion, not a fact. It's unlikely sure but nobody knows the future in the crypto game. We're all waiting for Bitcoin 2.0 to come along, hopefully will be on that train.

Well, hopefully DOGE or MINT are BTC 2.0. Too much saturation in the market for anything new to come along anytime in the coming months, imo.

[NutMasterTardd]

But you stated "Mint will not replace BTC" which is an opinion, not a fact. It's unlikely sure but nobody knows the future in the crypto game. We're all waiting for Bitcoin 2.0 to come along, hopefully will be on that train.

Well, hopefully DOGE or MINT are BTC 2.0. Too much saturation in the market for anything new to come along anytime in the coming months, imo.

I hold some Doge too as it has a huge community backing which is why I think it will succeed in the long run. Yeah I think that's true, nothing revolutionary in cryptos has come yet but I think something may within the next few years but who knows, many clone coins being created at the moment :|

[bizzargin]

Anyone interested in trading MINTfor USD/CAD?

Lets start shooting some emails at Vault of Satoshi www.vaultofsatoshi.com   It's a fantastic site.

Send any emails to hello@vaultofsatoshi.com

Subject:      Request: MINTcoin‏

Let's get the cash flowing!

[broken_pixel]

We're all waiting for Bitcoin 2.0 to come along, hopefully will be on that train.

We hope Mint IS that train! lol!

It could be Your guess is as good as mine buddy.

Look how long it took BTC to get all this attention and being accepted by some mainstream merchants.

Mint is way too young to replace BTC, one day maybe? Who knows but it is way in the future before BTC gets replaced by any alternative currency.

[sidhujag]

QUESTIONS TO ANYONE WHO KNOWS (no guessing please)

1.  If I mined 10 million coins in first few days and intend to keep them for the POS minting, but I have also mined more since then, how does the wallet know which coins I transfer out to sell?  Does it take first in /first out or how does it really know? My guess is that there is no possible way and this is a major hiccup in the code.

2.  If it pays POS before mining is complete (down to 1 coin per block) how does it know if coins have already been paid the POS or not?   If I buy 1 million from someone who got their POS payment, those have been paid the first payment.  But if I am still mining 1 million also, how does the system know which coins are new and which are old?  Another serious flaw I am thinking.  Uless the POS starts after the reward drops to 1 coin.  

I realize everyone here is a genious and has their belief, but I want an accurate answer as the answer is very importnat and depending on it, there is a potential HUGE arbitrage situation in the making.

I believe the coins have a coin age for each coin.. I see there is a coin age variable but dont know if this is per coin... if there is age for each coin then you would take over payments if its over 20 days old...

But reading the faq it says you need to wait 20 days so I dont know if coin age is per coin.. and if so Im not sure how 5% global inflation is forced after 4 years.

The coins have to be setting in a wallet, (not transferred to new wallet) for a least 20 days to be eligible to try and mint coins.  If you bought coins it would reset the timer on the day the coins were sent to you wallet.  If you bought the coins from someone who had them sitting in his wallet for 19 days, then no interest would be earned until they sit in your wallet for 20 days.

Feasible?: It does not matter about the date of each coin. It only matters that the wallet keep track of the balance that has been in the wallet. For instance, you deposited 1000 on 2/08. On 2/15 you xferred 500 out. On 2/17 you xfer 800 back in. You have a current balance of 1800. On 2/28 (or 20 days from initial deposit) wallet checks lowest balance from 2/08 - 2/28, and derives PoS on this quantity.

I know that this doesn't account for accurate times and is quite simplistic, but couldn't each "coin" have a time/date bit/byte(s) attached/embedded within itself? Seems like that would not be that difficult, and it would adjust according to the individual wallet address, ie., reset.

Just thinking out loud.

So I think if say 10 years from now there is alot of transfering of coins through trading or spent by sending to businesses etc then the amount of coins growing that year may be less than 5% because of the 20 day delay after each transaction. The max growth would be 5% per year but in reality it would be much much lower as this is assumign there are no transactions and everyone is HODLING?

I think I got it right. Anyone?

[DougB62]

So I think if say 10 years from now there is alot of transfering of coins through trading or spent by sending to businesses etc then the amount of coins growing that year may be less than 5% because of the 20 day delay after each transaction. The max growth would be 5% per year but in reality it would be much much lower as this is assumign there are no transactions and everyone is HODLING?

I think I got it right. Anyone?

That sounds perfectly logical to me. I would say you are correct.

[kcanup]

a smart question ? i must deposit wallet and next unlock it or  unlock next deposit ?or not important ?

What are you asking about? Your smart question seems so confusing or i must be so dumb to understand it 

[etoque]

I tried to add this coin on http://cryptmarketcap.com/

post -->

http://forum.qrk.cc/thread/632/new-crypto-market-cap-website?page=14&scrollTo=17547

 

[Poogasm]

So I think if say 10 years from now there is alot of transfering of coins through trading or spent by sending to businesses etc then the amount of coins growing that year may be less than 5% because of the 20 day delay after each transaction. The max growth would be 5% per year but in reality it would be much much lower as this is assumign there are no transactions and everyone is HODLING?

I think I got it right. Anyone?

That sounds perfectly logical to me. I would say you are correct.

well shit.

The question I posted a couple pages back about the block explorer not showing me the right balance in my wallet has me worried I wont get credit for the last 18 days some have been sitting there.
I've held some since the 7th, never transferred them out, block claims I did, but they are still there.

PoS is confusing.

Can we verify coin age via the wallet somehow?

[Bulldog_Duke]

But you stated "Mint will not replace BTC" which is an opinion, not a fact. It's unlikely sure but nobody knows the future in the crypto game. We're all waiting for Bitcoin 2.0 to come along, hopefully will be on that train.

Well, hopefully DOGE or MINT are BTC 2.0. Too much saturation in the market for anything new to come along anytime in the coming months, imo.

Seriously guys?  SERIOUSLY?   If you are really looking for BTC 2.0, it is going to come from Johns Hopkins in the form of Zerocoin!  

 http://zerocoin.org/

http://www.forbes.com/sites/andygreenberg/2014/01/13/bitcoin-anonymity-upgrade-zerocoin-to-become-its-own-cryptocurrency/

That is the real deal right there that is more anonymous and done correctly.... that is the train guys.  

[silidons]

My wallet won't sync.  Any ideas?