bodenliu
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Activity: 104
Merit: 10
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February 22, 2014, 11:56:23 AM |
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steady price! I worried about a cliff after the pump but it didn't happen  The fact is that Chinese market haven't noticed mint yet. We will be surprises by the price and market cap when mint is on btc38 and bter. Go minters! |
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No Gods or Kings. Only Bitcoin
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lazycoins
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February 22, 2014, 12:25:17 PM |
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Hi Guys! Just dropping by to let you guys know that its official: https://twitter.com/LazyCoinsYou're one of the first coins we have selected for our exchange to be traded at launch, which will probably be the biggest launch for any altcoins exchange yet. Since our announcement 4 days ago we have already had few hundred followers and fourteen altcoins added. We are working hard to launch beta soon. So for ETA and updates please follow us https://twitter.com/LazyCoins.  |
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ahhmenuts
Newbie
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Activity: 31
Merit: 0
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February 22, 2014, 12:32:38 PM |
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I think to a point it doesn't matter, I view crypto currencies as the next/new stores of value for the digital age. Sure we will still have NYSE, Nike and Komatsu however. For the younger generations I suspect a digital asset of mathematical rarity will make as much sense as a company that makes shoes fairly well. Or more specifically I don't think a coin has to be widely traded to be of use. I think MINT could be a purely speculative investment that might really pay off regardless of if it finds much Utility.
The world seems hungry for Crypto, who knows what is going to happen next.
I think utility might not be entirely pertinent at least as a means for speculative adjustment. A few of the major coins with utility will start to become indispensable. Although admittedly with the wrong adjustment we can still see hyper inflation (regardless of being a capped coin supply or not) in the same way we have external risk factors influence financial crisis. It seems to me that the younger generation is clutching onto things like crypto as many struggle to make serious financial gains through traditional means. I wouldn't explicitly refer to any crypto in the same way as I'd see public companies because production and service value are major factors in their market valuation. They're not entirely speculative, it's not a chicken and egg scenario. Their production value signals market adjustment. Rather than arbitrary 'out of thin air' adjustment. Crypto like Mint is more in line with gold/silver/art/diamond/ruby holdings, where crypto like BTC/Doge are seemingly set to be more in line with USD/Euro/etc currencies that are dependent on their utility. ie the amount of produced goods or services that their 'money' (crypto) can buy. In a lot of ways Mint is a little more sincere than a lot of commodities where we have a difference between 'perceived' and 'actual' supply that is itself manipulated a great deal. But it's also a little naive to think that because we're here right now we will benefit most from the next financial instrument. What's to stop the next kid deciding they didn't get their fair share, so they want a large chunk of the crypto market by creating their own coin? Not a lot at the moment. The barriers to entry are tiny. As a matter of fact, it's exceedingly easy to start a new coin. There needs to be differentiation, and something involving more than a nice green tinge that determines value. I'm interested to see what happens to the entry requirements of crypto over the long term, and the adoption of new crypto. If you consider we currently have less than 100 cryptos that make any sort of long term sense, will we see another 100 over the next year? Or will we see more like 2,000 additions over the next year? The reason real world (natural) commodities serve as a valid indicator for 'wealth' is that there aren't any new ones to be found. Other artificial commodities like art are entirely speculative, new artificial (and limited) commodities come up on a regular basis, but it takes skill/talent (and a lot of luck) to become the next Picasso. I think this is the best ending phrase anyone has ever responded to me with! ha! I basically totally agree with you. I may differ a bit in how much 'value' I think the new kids really place on what the old guard considered work. I am even guilty of this. For example, I am buying a new laptop. I am buying it refurbished, for a amazing price. I bought a SSD drive and and more ram for it too so, it will be quite the sweet machine for little more than a third of what it should cost. Now I am entirely aware that it probably cost 2 billion dollars to build that chip-fabrication facility. And even more amazingly that the technology in every bit of my soon to be delivered laptop is built upon 20+ years of insanely aggressive innovation layer after layer. That being said, I hardly give it a second thought! Access to these types of goods and services has been completely stable since I was young and my dad bought a 8086 PC home. I would never consider investing in Samsung, or DELL stock. I've traded before and managed my own retirement funds but its still a bit of a pain in the ass to do it. And even though I am cynical about everything and not one of these younger guys I am a hundred times more excited about MINT coin than I am any traditional investment methods. I don't even like fiat. I can't seem to take a little profit out of crypto even when I need it. Instead I find MINT, or something else. I sense a strong possibility that the next generation that is just at the cusp of this world may just skip the whole fiat-phase altogether. Getting cash to them will be this annoying process like getting a money order is to me. They won't have a clue nor care that some huge factory is pumping out ipad10's and can be publically traded. Even your point about them maybe starting to flock to crypto because they are having difficulties with traditional means. That is basically exactly it. 'This' is starting to make more sense than 'That'. Crazy I know. Thanks for the response. I appreciate the value in what you've written, it's well said. If we are in fact on the precipices of some sort of quasi social-financial revolution (which we may indeed be) it will be very interesting to see the adoption of crypto by the various groups. Consider a very simplified example, we have 2 markets, crypto and fiat, let's call them Apple and IBM, they're in a fierce competition to gain the most exchange market share. When will we reach equllibrium? When will crypto become the predominant tool for exchange of goods and services? What we're at least initially (over the next 10 years) faced with is most internet transactions being conducted through crypto and bricks and mortar transactions mostly conducted through fiat. At what point do we see adoption of crypto being a necessity to conduct business? At what point do we see the devaluation of fiat trending towards crypto? For some of us it has started. Albeit in a small part, I've probably got 1% of my portfolio wrapped up in crypto. But at what point will I have 10%? At what point do people become fully diversified through crypto a new financial instrument (a weird mix of something like bearer bond/futures contract)? |
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Nullu
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February 22, 2014, 12:37:54 PM |
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Hah. Prices are holding steady. Looks like a lot of people realise the price is going to go up after the next halving.
This is what it means to be a strong hand. Watch what happens after the next halving.
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BTC - 14kYyhhWZwSJFHAjNTtyhRVSu157nE92gF
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lemfuture
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February 22, 2014, 12:39:24 PM |
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Hah. Prices are holding steady. Looks like a lot of people realise the price is going to go up after the next halving.
This is what it means to be a strong hand. Watch what happens after the next halving.
yea huge! two walls |
1ADLcfwTofFXb95pKhebpeRkJ4WTWsvQXB
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mr_random
Legendary
Offline
Activity: 1288
Merit: 1001
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February 22, 2014, 01:11:04 PM |
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Marketed correctly I see big potential growth in Mintcoin's price. I am a Peercoin fan, but the pure proof of stake mining which will save wasted energy won't come for years. Mintcoin is embracing the future now and carving out a nice niche for itself.
Unless something disasterous occurs it's a no-brainer this coin hits 10 million dollars market cap in the next couple of weeks. Especially with 2 more reward halvings to look forward to in the next 2 weeks.
Most of the volume now is just from mintpal. Wait til we hit bigger exchanges like cryptsy and then there is the chinese pumps to look forward to once we hit the chinese exchanges. Good times ahead.
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benedictlol
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February 22, 2014, 01:25:33 PM |
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Yo guys! How many coins dya reckon I'll get per day with 5.7Mhash?  Thanks edit - and whats the best pool right now? |
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lemfuture
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February 22, 2014, 01:26:57 PM |
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Yo guys! How many coins dya reckon I'll get per day with 5.7Mhash? Thanks edit - and whats the best pool right now? 570k the first |
1ADLcfwTofFXb95pKhebpeRkJ4WTWsvQXB
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benedictlol
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February 22, 2014, 01:41:56 PM |
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been on hashstrike almost an hour and only 5k coins.  |
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Nullu
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February 22, 2014, 02:02:40 PM |
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Green is generally not a good color for the Chinese market.
Color matters more in China than most other developed countries, I think. (Yes, I said China is a developed country.)
What would you suggest? Red mint?  |
BTC - 14kYyhhWZwSJFHAjNTtyhRVSu157nE92gF
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mintcointeam (OP)
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February 22, 2014, 02:19:40 PM |
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Linux mint wallet version - 1.4. qt gui and headless. https://mega.co.nz/#!c5UhEAbD!VCJQHmqffw4lECVvdsJVDIhINfJguCMQ0DmKGf39bew wallet for bounty:MqzsBZuxmozfHNAHjgXZSLaQRyTjzZ1jF6 cheerz! Thank you! Check your wallet! |
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matoy
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February 22, 2014, 02:30:32 PM |
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been on hashstrike almost an hour and only 5k coins. try mnt.coins4everyone.com, that's THE pool, you won't regret! ;-) |
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bodenliu
Member
Offline
Activity: 104
Merit: 10
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February 22, 2014, 02:41:10 PM |
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Marketed correctly I see big potential growth in Mintcoin's price. I am a Peercoin fan, but the pure proof of stake mining which will save wasted energy won't come for years. Mintcoin is embracing the future now and carving out a nice niche for itself.
Unless something disasterous occurs it's a no-brainer this coin hits 10 million dollars market cap in the next couple of weeks. Especially with 2 more reward halvings to look forward to in the next 2 weeks.
Most of the volume now is just from mintpal. Wait til we hit bigger exchanges like cryptsy and then there is the chinese pumps to look forward to once we hit the chinese exchanges. Good times ahead.
Agree. Mintpal is not big enough for such a coin |
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makemebeat
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February 22, 2014, 03:04:38 PM |
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mintcointeam, ShibeonBarkmont asked me to make a poster for MINT. Here's simple one, will make more in a few days. Best regards. For donations: MeyYttooUXMVPkkDiXnuUpiE5vvGUbx6ZB 
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mattbigblue
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February 22, 2014, 03:17:19 PM |
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what is the block reward atm?
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binaryclock
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February 22, 2014, 03:22:16 PM |
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 MINT.DEDICATEDPOOL.COMBenefits of Mining on DEDICATEDPOOL.COM- Backups every 30 minutes of the databases and wallets to protect your mining endeavours.
- Full 24/7 support available at admin@dedicatedpool.com
- Mine uninterrupted - dedicated servers w/redundancy, DDoS protection.
- Trustworthy admins who care about your experience and mining.
Mining Information- Custom stratum/mpos environment
- Vardiff enabled
- PPNLS payout system
- Everything is transparent - blocks, donations, fees.
Server Infrastructure- SIX(6) SERVERS IN CLUSTER
- DDoS level 7 cloudflare, 5 and 3 stratum, and level at 1 switch level
- 8 Core servers, 256GB DDR3 RAM, RAID 10 SSD
- Ramdisks, memcaches, to make things go extremely quick
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DEDICATEDPOOL.COM
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hammerbrain
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February 22, 2014, 03:39:49 PM |
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Do we need to keep two wallets?
If I send 1 MINT does the timer reset for entire contents of my wallet?
I think Hobonickels has a handle on this.
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KSGuy
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February 22, 2014, 03:55:22 PM |
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Another day another vote http://www.allcrypt.com/beta/voting.php
Do we need to keep two wallets?
If I send 1 MINT does the timer reset for entire contents of my wallet?
I think Hobonickels has a handle on this.
It's 20 days from the day your coins are in your wallet. Send 100 coins to a new wallet, you'll need to keep them there 20 days to get any interest on those 100 coins. If you had coins in that wallet already, it would be 20 days from the first day those coins where in that wallet. |
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