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

[Nullu]

moneysupply: 15 billion, reward halving again soon. Figure price will be at least 20 satoshi's in 2 weeks™

After next block halving range is likely to be 8 to 16 satoshi range. As supply reduces price is driven upwards. 100 satoshi potential within 5 weeks. I absolutely believe this likely by community support.

For that to happen sell walls will need to move up and buys will have to buy up the current walls. If it becomes rare enough I believe it could be possible. There's a lot of coins on the exchanges right now. One of the disadvantages of the speedy block halving until the minting process is that you need the distribution to be quick, however I believe the current prices are misleading, as this is what happens when a coin is released on exchanges early on; it gets dumped. It's true of any Cryptocurrency.

What people aren't taking into account is the scarcity principle. If enough people came along and bought up the current Mint with a few BTC, what do you think will happen to the price? It will go up. But it would then go straight back down. Why? Difficulty and coin generation.

But..

Once the block rewards reach 1 (or end entirely. I'm still not sure sure on this point), there will be no more huge influx of mined coins to dump, so the downward pressure on the price will decrease significantly, and with the increased scarcity, the value of holding mint due to the minting process, and the inability to crash the price as it increases due to an inability to mass dumping, it all adds up to a coin that looks worthless now, but I assure you it will not in a few weeks.

I feel loathe to explain this as I'm still mining as much Mint as I can before this happens, but I just wanted to explain exactly what's going to happen before it does happen. If only to say "I told you so".

Enjoy these early days.

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[matoy]

-> Come on to http://mnt.coins4everyone.com!

To get plenty of super-fresh MintCoins, just point your miners to:
Stratum: stratum+tcp://mnt.coins4everyone.com
Port: 3445
Algorithm: scrypt
Username: Weblogin.Worker
Password: Worker Password

Benefits of Mining @ coins4everyone.com:
* based in Europe
* super uptime
* dedicated servers w/redundancy, DDoS protection
* only 1% fee
* pplns
* nice & caring support
* trustworthy & skilled admins

Come on and get some fresh MintCoins, we need more hash power! ;-)

Wow si much activity on the Mint community tonight... ! That's exciting, i'm thrilled! ;-)

Just fyi, we made a bunch of improvments on our pool http://mnt.coins4everyone.com today! Latency is significantly better and payouts never have been so quick... !

Looking for a real pool to get some fresh mint coins and just relax??!
-> just come to http://mnt.coins4everyone.com

[Ferris419]

How about winning 10,000 MINTCOINS ?

http://coinok.pw/scratch/mint

No one has won anything from this yet?!?!?

[virtualdn]

How about winning 10,000 MINTCOINS ?

http://coinok.pw/scratch/mint

No one has won anything from this yet?!?!?

not too many players i guess..look here for example: http://coinok.pw/scratch/top/winners.php

[hgrp007]

这网站https://bter.com/想怎么涨就怎么涨。。。

[Delaforetnoire]

We want Mintcoin on BTER !
If we can reach the chineese market, we are good !

I am proud to bring my energy to Mintcoin Community

[David Latapie]

I completely agree. We are a very strong community I don't want to let go of my mint for less than 100sat each. I see a bunch of future potential in MINT!! Look what was accomplished just in the past couple days! I know I haven't been posting here much lately but I have been lurking and I spread the word about MINT every chance I get! I'd love to help more but I don't have any technical skills :-/

You don't need to Can you write articles, translate in your language if you are not a native English speaker?

Everyone has skills, and useful skills for the project, on top of that!

If you are interested in joining us, PM me.

[sakkosekk]

moneysupply: 15 billion, reward halving again soon. Figure price will be at least 20 satoshi's in 2 weeks™

After next block halving range is likely to be 8 to 16 satoshi range. As supply reduces price is driven upwards. 100 satoshi potential within 5 weeks. I absolutely believe this likely by community support.

I completely agree. We are a very strong community I don't want to let go of my mint for less than 100sat each. I see a bunch of future potential in MINT!! Look what was accomplished just in the past couple days! I know I haven't been posting here much lately but I have been lurking and I spread the word about MINT every chance I get! I'd love to help more but I don't have any technical skills :-/

In just five days so much has happened My MINT are held for PoS.

[jany8293]

An awesome video to introduce cryptocurrencies to newcomers

MintCoin: Coins Produced By "Minting" Instead Of "Mining"

Really a great Mintcoin tutorial video!

[jany8293]

Mac wallet still does not work. (OSX Mavericks, last version)

My Mac wallet didn't sync as well until several days ago I made a mintcoin.conf like this:

testnet=0
listen=1
addnode=209.190.29.2
addnode=62.178.31.2
addnode=50.22.219.230
addnode=115.29.224.192
addnode=91.228.76.83
addnode=115.28.144.5
addnode=192.99.15.50
addnode=91.231.140.112
addnode=37.145.227.52
maxconnections=100
server=1
daemon=1
rpcuser=yourser
rpcpassword=yourpw
rpcport=12789
rpcconnect=127.0.0.1

Ever since then, it syncs quite smoothly. Try it out! And you are welcome!

[lider1971]

Mac wallet still does not work. (OSX Mavericks, last version)

My Mac wallet didn't sync as well until several days ago I made a mintcoin.conf like this:

testnet=0
listen=1
addnode=209.190.29.2
addnode=62.178.31.2
addnode=50.22.219.230
addnode=115.29.224.192
addnode=91.228.76.83
addnode=115.28.144.5
addnode=192.99.15.50
addnode=91.231.140.112
addnode=37.145.227.52
maxconnections=100
server=1
daemon=1
rpcuser=yourser
rpcpassword=yourpw
rpcport=12789
rpcconnect=127.0.0.1

Ever since then, it syncs quite smoothly. Try it out! And you are welcome!

New mac wallet ---> https://twitter.com/MintcoinTeam/status/436287057242378240

[jany8293]

As 700.000.000 coins was premined wouldn't it be fair if it was publicly reported how these coins are used?
Every bounty payout, giveaway etc together with current balance posted to the community.

I think that would be fair just to show they don't plan to just dump them when trading volume is high enough.....

If you examine the block explorer you see that the premined coins where instantly split between several addresses and then split again multiple times. Why do that? Why not keep them on one address?

Just a thought....

Agreeed. For example, when I just begun to join the MintCoin community, and did a Facebook like, expecting the 10,000 give-away, but never received, and no explanation as well, so I still have some bad impression for the organizer's honesty.

[Delaforetnoire]

jany8293, there was a forgotten mistake, can you PM your adress please ?

[metraque]

I want to import a private key, how can I do that?

[Vinculin]

Anyone can teach me how to do PoS? highly appreciated 

[thejepper]

wow mint on the rise, awesome!

[Bilgoosta]

Anyone can teach me how to do PoS? highly appreciated 

Just let your mintcoin sleep in your wallet for more than 20 days, but it doesn't work yet, wait for 3 weeks approximately.

[bob131313]

dev team, are there plans to add in coin control?
Also, POS coins are a maintenance nightmare. How do you intend to deal with blockchain bloat.

[flounderella]

Is it going to half at block 40,000?

[publicjud]

So after the PoW phase, (3 weeks) then block reward is only 1 coin.  And then all PoS minting.  But to mint PoS you only need to turn on your wallet once every 20 days.  So who will be running the block chain (securing transactions) after PoW phase?