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coolbeans94
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March 03, 2014, 07:51:31 AM |
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Everyone be careful not to get too emotional here about the current price. I think this coin has great fundamentals and the dev team is active and this coin is undervalued. At the very least, buy more at the low and do cost averaging.
But let me explain:
Keep in mind there are still 250,000,000 million new coins created and being pumped into the money supply every day right now from the Proof-of-Work miners, but after 2 weeks this coin makes the switch to proof-of-stake and the amount of new coins created every-day will drop to less than 10,000,000 new coins per day. If you do the math, at these current prices, that means less than 2 BTC of buy orders would be able to buy the whole day's worth of money supply. IMHO, all of this recent emotion is so short-sighted. This coin is going to go through major changes in 2 weeks. The price is very low right now, but if I think about this coin rationally, with some vision, I see it surpassing Feathercoin market-cap at the very LEAST. MINT is liquid, energy efficient, fast, and has a great name, and it has a good community that is making progress, fair distribution. Give things time to sort out, it is too premature to call anything based off of one up and down wave. MINT is down from the all time highs, but is still over 100% higher than it was 2 weeks ago, which is saying something considering the hundreds of millions of coins being mined everyday still. Let the block reward half a few more times, make the switch to full PoS and give it some time to find it's feet.
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coinsmany
Member
 Offline
Activity: 97
Merit: 10
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March 03, 2014, 07:53:48 AM |
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Ladies and gentlemen…
Does everyone realize all the markets are serious down? This is not the DEV who is dumping, it's a huge group of people of almost every alt coin.
3 days ago..
DGB was over 100, now its 50.
KARM was over 4, now its at 2.
DOGE was over 214, now its at 165.
OLY was over 82, now it's at 50.
I can keep going on.. but why.
Take a bit of a break, relax til the markets come back.. and by all means, stop blaming the devs.
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virtualdn
Legendary
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Activity: 1372
Merit: 1093
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March 03, 2014, 07:54:51 AM |
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it seems everyone is dropping their coins no matter the name and volume. all people want in the end is btc (or fiat) probably. i'm not really sure if long-term coin principle works anymore. maybe i'm wrong.
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1 BTC = 1 BTC
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coinsmany
Member
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Activity: 97
Merit: 10
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March 03, 2014, 07:58:45 AM |
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it seems everyone is dropping their coins no matter the name and volume. all people want in the end is btc (or fiat) probably. i'm not really sure if long-term coin principle works anymore. maybe i'm wrong.
What people want is a bull market, we are not in a bull market right now. Have you been reading the news, and what just happened to a major exchange? And no, it isn't about BITCOIN. Bitcoin is down a huge amount right now, and took a huge dip. All coins, including BTC, are down. This is the 100% the issue. |
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virtualdn
Legendary
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Activity: 1372
Merit: 1093
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March 03, 2014, 07:59:42 AM |
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yes, bitcoin is down, but it will go up again, i guess..  everything is possible in the cryptoworld! |
1 BTC = 1 BTC
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jtsnau
Member
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Activity: 84
Merit: 10
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March 03, 2014, 08:07:50 AM |
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Bitcoin is down a huge amount right now, and took a huge dip. All coins, including BTC, are down.
This is the 100% the issue.
Alt-coin prices are measured in terms of their value relative to Bitcoin. So when Bitcoin goes down, they obviously lose value as well. But if their price relative to Bitcoin (i.e. their 'satoshi value') goes down whilst Bitcoin is also going down, then it's doubly-bad for the alt-coin. Under these circumstances, it's safer for people to move back to Bitcoin (or Fiat) whilst they ride out the storm. |
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Jean Bax
Newbie
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Activity: 32
Merit: 0
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March 03, 2014, 08:10:04 AM |
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Ladies and gentlemen…
Does everyone realize all the markets are serious down? This is not the DEV who is dumping, it's a huge group of people of almost every alt coin.
3 days ago..
DGB was over 100, now its 50.
KARM was over 4, now its at 2.
DOGE was over 214, now its at 165.
OLY was over 82, now it's at 50.
I can keep going on.. but why.
Take a bit of a break, relax til the markets come back.. and by all means, stop blaming the devs.
Yes that's not so clever to accuse dev or so with no proof or anything. But the lack of communication from them is so important on this crucial momentum, that peoples panicking. They are speaking on mintcointalk.com but they really should consider more this forum. |
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Ambros
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March 03, 2014, 08:17:07 AM |
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Is this coin death yet ?
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coinsmany
Member
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Activity: 97
Merit: 10
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March 03, 2014, 08:21:03 AM |
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Is this coin death yet ?
Please read man.
It's a bear market, all coins are down. This is nothing specific with the coin. |
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dille71
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March 03, 2014, 08:29:20 AM |
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im behind mint 100% and fuck satoshis i plan to see it hit 1+ USD
My guess: This time next year 0.2 USD and i will be a millionaire  |
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eightspaces
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March 03, 2014, 08:31:07 AM |
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im behind mint 100% and fuck satoshis i plan to see it hit 1+ USD
My guess: This time next year 0.2 USD and i will be a millionaire Yes plz  |
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wasamata
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March 03, 2014, 08:32:17 AM |
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Blame gridseed.
Fortunately we have only ten more days of this shit to go. And if the Dev has been moving coins, they should be out real soon.
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thisisit
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March 03, 2014, 08:32:23 AM |
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70 billion coin @ 0.02 = 1.4 billion market cap.
30 billion coin @ 0.02 = 0.6 billion market cap.
you seriously dont believe that that is gonna happen?
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any coin that makes me a profit.
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coinsmany
Member
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Activity: 97
Merit: 10
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March 03, 2014, 08:37:33 AM |
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Time to launch up more miners |
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philipvdlinde
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March 03, 2014, 08:43:26 AM |
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this coin is going down pretty hard. I am fearing for the worst here.
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bjmillican4
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Activity: 70
Merit: 10
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March 03, 2014, 08:58:56 AM |
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Can anyone tell me what good it does to "ignore" a user, when people keep quoting them verbatim?  Yes, you hit the nail on the head. I think some Mint supporters like to keep quoting the trolls because they are secretly double agent trolls. We are infested with spies spreading disinformation. If the double agents quote the disinformation of the trolls, does it get transformed into information? Damn it, now I have to read 350 some odd pages all over again. |
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PCJargon
Full Member
Offline
Activity: 126
Merit: 100
Smashing rocks with my GPU
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March 03, 2014, 09:02:10 AM |
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this coin is going down pretty hard. I am fearing for the worst here.
See: Please read man.
It's a bear market, all coins are down. This is nothing specific with the coin. |
Check out this site for legit free BTC. It's like an hourly free lottery ticket that always pays out at least 300 satoshi, and could net you over .3 BTC if you're really lucky. Just gotta fill out a captcha each time. (basically a faucet with chance of real reward) http://freebitco.in/?r=242778 |
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bjmillican4
Member
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Activity: 70
Merit: 10
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March 03, 2014, 09:09:57 AM |
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Is the price of Mint down or something?
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ezvm
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March 03, 2014, 09:12:07 AM |
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43 btc buy wall on mintpal  |
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