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Author Topic: [ANN] [MINT] Mintcoin (POS / 5%) [NO ICO] [Fair distro, community maintained]  (Read 1332830 times)
skeem
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March 15, 2014, 05:48:23 AM
 #8621

Mintcoin is what I need, I love it!

But please go to http://www.mintcointalk.com/ to discuss it.

Coin Revolution
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mgburks77
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March 15, 2014, 05:48:31 AM
 #8622

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Did I miss something? What does a multipool have to do with a pure POS coin like Mintcoin? #ScratchingMyHead

 I think it is a bad idea because it links the coin back to control by miners. I'm am starting to think the issue with distribution is miners getting too much coin, not a premine.

Perhaps a 100% PoS premine with a totally transparent sell off at a predetermined very low price until the premine is gone would be the fairest market solution to all parties involved. The devs would make a lot of money for their efforts, people would get equal access to affordable currency, and miners who have 500 million coins manipulating price would be a thing of the past.

Miners have too much power in the equation.

Something like that was sort of done it was called nxtcoin

Yes, I was into nxt at one time and it was close to what I was looking for (but it has some flaws imho, which I won't go into) except the distribution was to several large stakeholders who then had control of the environment. I would like to see the distribution controlled by a transparent committee and be like for 1 satoshi per coin until the entire bulk of the currency is sold onto to the open market.

That would make the fairest distribution of all for a PoS coin. No party or cartel would have too much power at the start of the coin.
skeem
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March 15, 2014, 06:04:34 AM
 #8623

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Did I miss something? What does a multipool have to do with a pure POS coin like Mintcoin? #ScratchingMyHead

 I think it is a bad idea because it links the coin back to control by miners. I'm am starting to think the issue with distribution is miners getting too much coin, not a premine.

Perhaps a 100% PoS premine with a totally transparent sell off at a predetermined very low price until the premine is gone would be the fairest market solution to all parties involved. The devs would make a lot of money for their efforts, people would get equal access to affordable currency, and miners who have 500 million coins manipulating price would be a thing of the past.

Miners have too much power in the equation.

Something like that was sort of done it was called nxtcoin

Yes, I was into nxt at one time and it was close to what I was looking for (but it has some flaws imho, which I won't go into) except the distribution was to several large stakeholders who then had control of the environment. I would like to see the distribution controlled by a transparent committee and be like for 1 satoshi per coin until the entire bulk of the currency is sold onto to the open market.

That would make the fairest distribution of all for a PoS coin. No party or cartel would have too much power at the start of the coin.

I have done the same thing. I only opened nxt once, closed it, uninstalled it and never wanted to see it any more. nxt looks like a forest system, maybe some dangers are hiding behind. We don't want such a system.

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March 15, 2014, 06:14:27 AM
 #8624

Some big dumping going on - great time to buy at 18 before the correction back up to 19-20. Remember, this is caused by those dumping Mint to buy into Blackcoin and ride the wave, this is NOT because of the coin or any perceived faults with it, just people wanting to try their hand at making a bit of BTC before Blackcoin crashes.

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March 15, 2014, 07:38:32 AM
 #8625

Personally, I think this is just a consolidation period for Mintcoin. It needs consolidation and a shake out of the weak hands and get-rich-quickers. Once all of the non-believers are gone we will easily reach new all-time-highs. Mint is actually holding up very well as it is still up overall. The price went up 1,600% in less than a week (while it was still mineable - which is significantly a good sign), then lost about 80% on the correction, and now we are back up about ~50% again from that; overall up still ~400%. Mint is going places long-term.  There are always going to be those who are chasing massive gains but Mint is still steadily rising in market cap after the correction; volume may be in a slump at the moment but these things go in waves and trades are still happening every hour.

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March 15, 2014, 07:41:15 AM
 #8626

Well I rode the BC wave succesfully I bought @ 1900 sats and I sold @ 2150 and 2250 sats. I made 0,1 btc profits which is also nice.
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March 15, 2014, 07:47:52 AM
 #8627

Well I rode the BC wave succesfully I bought @ 1900 sats and I sold @ 2150 and 2250 sats. I made 0,1 btc profits which is also nice.
That's nice, but I suggest you post your boast it in the Blackcoin forum, not here.

Ladies ladies, one at a time.
philipvdlinde
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March 15, 2014, 07:49:39 AM
 #8628

Well I rode the BC wave succesfully I bought @ 1900 sats and I sold @ 2150 and 2250 sats. I made 0,1 btc profits which is also nice.
That's nice, but I suggest you post your boast it in the Blackcoin forum, not here.

well I am still a mintcoin holder with 5 million coins in the longterm, but since I don't have many resources to work with I needed to sell some mint in order to make some profits of it.
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March 15, 2014, 07:55:37 AM
 #8629

If we dont make multipool, mint will trashbag. just make multipool or dump forever.
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March 15, 2014, 07:56:29 AM
 #8630

If we dont make multipool, mint will trashbag. just make multipool or dump forever.

Sell your coin mr. 5posts

171XPWLy36oDmQfMdnPYWHfQgkfRoYGjHd
coolbeans94
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March 15, 2014, 08:01:04 AM
 #8631



Hey guys, you might seriously consider buying more MINT soon. This is a very plausible future scenario. Bullish pennant http://www.trending123.com/patterns/bullish_pennant.html

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March 15, 2014, 08:03:54 AM
 #8632

If we dont make multipool, mint will trashbag. just make multipool or dump forever.

Sell your coin mr. 5posts

keep walking deadman
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March 15, 2014, 08:05:32 AM
 #8633

6 posts

171XPWLy36oDmQfMdnPYWHfQgkfRoYGjHd
philipvdlinde
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March 15, 2014, 08:06:03 AM
 #8634

But don't get me wrong here I am still all in on Mint I just want to make some extra investments.
deadmanwalking
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March 15, 2014, 08:08:05 AM
 #8635

But don't get me wrong here I am still all in on Mint I just want to make some extra investments.

We know Philip  Wink

171XPWLy36oDmQfMdnPYWHfQgkfRoYGjHd
deadmanwalking
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March 15, 2014, 08:09:55 AM
 #8636



Hey guys, you might seriously consider buying more MINT soon. This is a very plausible future scenario. Bullish pennant http://www.trending123.com/patterns/bullish_pennant.html

Does this really apply in crypto? Curious, I have no idea.

171XPWLy36oDmQfMdnPYWHfQgkfRoYGjHd
drakandar
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March 15, 2014, 08:25:00 AM
 #8637

Just bought 20 euro's of Mint on LiteBit.eu.
Now let's hope I get 212.000 mints instead of 212 haha  Grin

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philipvdlinde
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March 15, 2014, 08:29:10 AM
 #8638

Just bought 20 euro's of Mint on LiteBit.eu.
Now let's hope I get 212.000 mints instead of 212 haha  Grin

It would be cheaper for you to buy your mint @ mintpal since the prices are way cheaper there.
philipvdlinde
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March 15, 2014, 08:47:33 AM
 #8639

https://bitcointalk.org/index.php?topic=483187.0
show some support for our coin, this could be important since this could lead to much news about our coin.
drakandar
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March 15, 2014, 09:13:07 AM
 #8640

Just bought 20 euro's of Mint on LiteBit.eu.
Now let's hope I get 212.000 mints instead of 212 haha  Grin

It would be cheaper for you to buy your mint @ mintpal since the prices are way cheaper there.

I know, but how am I gonna tell my mother-in-law (for example..) that she first has to register on mintpal.com, generate a bitcoin deposit address, then register on kraken or bitonic, then buy bitcoins, then send them to mintpal, then exchange then for mintcoins and then install the mintpal wallet and finally withdraw them again to her wallet? That's not simple enough..

With LiteBit she can just skip all the trouble, download the wallet (which is troublesome enough) and simply buy mintcoins w/o having the need of more registration and exchanging.

It should be plain and simple. And that goes with a price. In this case about 18.000 mints.

20 euro / 459 (kraken)  = 0,04357298 btc
0,04357298 btc / 0,00000019 current mint price = 229331 mints.

Speaking of the wallet; it's about time it would get an installer and autorun!

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https://www.fair.coop | The Earth cooperative to create a new economic system, based in global fairness
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