Masejoer
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February 21, 2014, 06:28:21 PM Last edit: February 21, 2014, 06:40:46 PM by Masejoer |
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or it we finally have a coin that makes sense - if you think about the power required to keep bitcoin going or any PoW coin - it is a waste of electricity
Yet for investors/speculators, PoW coins can make more sense. PoW need to be worth more because it must cover the expenses of mining. PoS won't have the overhead costs so its coins can get by with being valued much lower. In general PoW coins should be worth much more than PoS. Edit: Worth more per block/amount of coins that can be mined for a cost. Individual coin values are almost meaningless.
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jany8293
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Activity: 56
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February 21, 2014, 06:31:39 PM |
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or it we finally have a coin that makes sense - if you think about the power required to keep bitcoin going or any PoW coin - it is a waste of electricity
Yet for investors/speculators, PoW coins can make more sense. PoW need to be worth more because it must cover the expenses of mining. PoS won't have the overhead costs so its coins can get by with being valued much lower. In general PoW coins should be worth much more than PoS. That makes sense. +1
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Danz0r77
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February 21, 2014, 06:35:38 PM |
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Guys we're stuck on a block over here http://mint.dogemoon.comEst. Shares 2,599,248 (done: 669.56%) Pool Valid 17,403,520 We could do with a burst of mining activity to get past this SOAB.
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svojoe
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Activity: 968
Merit: 1000
einc.io
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February 21, 2014, 06:36:28 PM |
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or it we finally have a coin that makes sense - if you think about the power required to keep bitcoin going or any PoW coin - it is a waste of electricity
Yet for investors/speculators, PoW coins can make more sense. PoW need to be worth more because it must cover the expenses of mining. PoS won't have the overhead costs so its coins can get by with being valued much lower. In general PoW coins should be worth much more than PoS. I'm not so sure, PoW does make sense that the cost of mining is part of the 'base' value. But the mining does act as inflationary agent. Sure we all know there is 'cap' on the number of coins. But a persistent demand must exist to purchase the coins as they are produced. With MINT, there is no more supply at all in a few weeks. This means no coins being dumped for insta-mining profit. And the coins pay interest, 20% is massive, it could easily overcome a slight loss in market value over that time. MINT would be a safe bet in turbulent crypto waters. It is going to be interesting.
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Gingermod
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February 21, 2014, 06:36:35 PM |
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Who is pumping this so hard?
I think this coin is *insanely* under valued. I'm already moving to buy more. I think MINT will find itself a nice niche as a tier 2 or 3 coin. Worth WAY more than it is now. Have you all really never heard of Peercoin? http://www.peercoin.net/Mintcoin is just a clone of this, Peercoin coin is already "tier 3"
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brokedummy
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Activity: 980
Merit: 1004
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February 21, 2014, 06:38:26 PM |
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Who is pumping this so hard?
I think this coin is *insanely* under valued. I'm already moving to buy more. I think MINT will find itself a nice niche as a tier 2 or 3 coin. Worth WAY more than it is now. Have you all really never heard of Peercoin? http://www.peercoin.net/Mintcoin is just a clone of this, Peercoin coin is already "tier 3" Uhh, we are trying to get rich ourselves here, not pay off early PPC investors. Welcome to the alt coin section.
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gofoter
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February 21, 2014, 06:41:04 PM |
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I'm looking to get in now.Would you advise me to do it?I also see the value of the coin more than it's now.
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Gingermod
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February 21, 2014, 06:41:40 PM |
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Who is pumping this so hard?
I think this coin is *insanely* under valued. I'm already moving to buy more. I think MINT will find itself a nice niche as a tier 2 or 3 coin. Worth WAY more than it is now. Have you all really never heard of Peercoin? http://www.peercoin.net/Mintcoin is just a clone of this, Peercoin coin is already "tier 3" Uhh, we are trying to get rich ourselves here, not pay off early PPC investors. Welcome to the alt coin section. Well good luck getting Mintcoin to surpass Peercoin
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majorminers
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February 21, 2014, 06:43:16 PM |
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I'm looking to get in now.Would you advise me to do it?I also see the value of the coin more than it's now.
Don't spend your rent money on MINT, but if you can afford a rational investment - why not? The overnight increase was impressive and the community is growing. The giveaways are also helping to bring in new folks. When the new website launches, even more people will jump on board. There's potential here.
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NutMasterTardd
Legendary
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Activity: 1512
Merit: 1015
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February 21, 2014, 06:45:29 PM |
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Who is pumping this so hard?
I think this coin is *insanely* under valued. I'm already moving to buy more. I think MINT will find itself a nice niche as a tier 2 or 3 coin. Worth WAY more than it is now. Have you all really never heard of Peercoin? http://www.peercoin.net/Mintcoin is just a clone of this, Peercoin coin is already "tier 3" Uhh, we are trying to get rich ourselves here, not pay off early PPC investors. Welcome to the alt coin section. Well good luck getting Mintcoin to surpass Peercoin People said that about Doge, it has and will again after this Gox situation is over. One day there will be a new #1 coin with better technology and branding, it's just a matter of time (I'm not saying Mintcoin is that or Doge, but sooner or later it's gunna happen)
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GEO, RLC & QRL.
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Masejoer
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Activity: 31
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February 21, 2014, 06:46:30 PM |
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It is going to be interesting.
I agree - everything is still speculation. In 50 years we'll have a good idea of how cryptocurrencies worked out. It still comes down to the fact that PoW coins can't survive without miners, and the miners need to have the expenses covered. What the market actually does is completely separate. As long as I break even in 10 years of dealing with these things, I couldn't care less what the coins do - it's all in fun and any profit is a bonus.
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mintcointeam (OP)
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February 21, 2014, 06:53:40 PM |
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New 1.3 linux wallet, Qt gui and headless. https://mega.co.nz/#!FwV1WA5I!Nt90OhWIeTylDA1JPqf2hSTCjqCnuL3deE1zaiH_CSM mint wallet for bounty: MqzsBZuxmozfHNAHjgXZSLaQRyTjzZ1jF6 cheerz! Thank you! Check your wallet
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Nullu
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February 21, 2014, 06:56:10 PM |
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Price will go down until next halving then probably reach 30+ Satoshi.
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BTC - 14kYyhhWZwSJFHAjNTtyhRVSu157nE92gF
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blueangel01
Sr. Member
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Activity: 406
Merit: 250
Hello! Send me a message.
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February 21, 2014, 06:59:11 PM |
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Price will go down until next halving then probably reach 30+ Satoshi. I will buy more MINT when the price goes down. I do believe that the price is at extreme right now.
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Msg me if you want me to put anything here.
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publicjud
Legendary
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Activity: 1120
Merit: 1003
twet.ch/inv/62d7ae96
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February 21, 2014, 07:00:45 PM |
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Join Twetch twet.ch/inv/62d7ae96
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Nullu
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February 21, 2014, 07:01:20 PM |
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Price will go down until next halving then probably reach 30+ Satoshi. I will buy more MINT when the price goes down. I do believe that the price is at extreme right now. It's already peaked at the current block reward, in my opinion. It will peak even higher at the next halving, and it will reach critical mass once the block rewards reach 1. After that it's anyone's guess where it will go.
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BTC - 14kYyhhWZwSJFHAjNTtyhRVSu157nE92gF
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degel_x
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February 21, 2014, 07:01:50 PM |
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It is going to be interesting.
I agree - everything is still speculation. In 50 years we'll have a good idea of how cryptocurrencies worked out. It still comes down to the fact that PoW coins can't survive without miners, and the miners need to have the expenses covered. What the market actually does is completely separate. As long as I break even in 10 years of dealing with these things, I couldn't care less what the coins do - it's all in fun and any profit is a bonus. Agree!! sometimes i think Humankind just go mad, and has started buy things with "money" that has a dog on it
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Langly
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February 21, 2014, 07:10:26 PM |
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Price will go down until next halving then probably reach 30+ Satoshi. I will buy more MINT when the price goes down. I do believe that the price is at extreme right now. Last night when it was floating at 17-18 I put in a buy order at 11 just before going to bed, woke to find my order filled and the price back up to 15-16, that was nice. Only got about 107k mint though, all I could afford.
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stackmint
Newbie
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Activity: 56
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February 21, 2014, 07:10:30 PM |
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Who is pumping this so hard?
I think this coin is *insanely* under valued. I'm already moving to buy more. I think MINT will find itself a nice niche as a tier 2 or 3 coin. Worth WAY more than it is now. Have you all really never heard of Peercoin? http://www.peercoin.net/Mintcoin is just a clone of this, Peercoin coin is already "tier 3" Uhh, we are trying to get rich ourselves here, not pay off early PPC investors. Welcome to the alt coin section. Well good luck getting Mintcoin to surpass Peercoin Peercoin is $3.50 per coin. This just shows the "potential" with mint coin. it's time for disruption.. These current prices for MINT are steals!
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Squeegie
Member
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Activity: 98
Merit: 10
Mine for your life
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February 21, 2014, 07:15:20 PM |
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Sell wall gone,time to get the price rocket going
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