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Author Topic: [ANN] [MINT] Mintcoin (POS / 5%) [NO ICO] [Fair distro, community maintained]  (Read 1369787 times)
flounderella
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February 23, 2014, 08:03:35 PM
 #3641

loving this....decided to day trade my 3.7m stake... now sitting on 6.1m Mint from the last 1 hour alone...

What do i want? BTC or MINT? easy answer... mint... Because i think over time.. due to it PoS nature... everyone is gonna lock down their mint in their wallet.. and we wont be seeing so many millions up for grabs...

Hope fully i will get to my goal of 10m and then sell of the excess for profit...



I'm too worried if I try daytrading the price will spike again and not come back down.

Read up on Elliot Wave Principle. Study it. Then use it in context of everything else that goes on. A smart trader is a rich trader.

Oh, and do use the graphs. They're there for a reason.  Smiley

We live in a world of highly deluded traders. I'm okay with technical analysis but in all frankness, Elliot Wave Principle is a lot of mumbo jumbo. Keep it simple. Moving averages, crossovers if you want, maybe stochastics if you are feeling brave. None of these necessarily "works" in itself. But through experience you can put them all together in a certain way, creating a "road map" through which to interpret the price action when it has already occurred.

Why did they collectively panic, Nullu?
Because the Elliott Wave Theory said so! ... Right.
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February 23, 2014, 08:03:41 PM
 #3642

Kraken.com is an another very good euro exchage. And is bit easier to get into. I mean the verifications...
Kraken has bigger volume than Bitcoin-central.com
But do they offer the same garantees as bitcoin-central in that the admin won't leave with your money of bitcoin? This is not rhetoretical question, I don't know.

I used to use Kraken for all of my euros before I discovered bitcoin-central.net doesn't charge for transfers (like bitstamp and unlike kraken).

Regarding the UI, they definitely have the most interesting one, I'll grant you that.

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ItchyIrish
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February 23, 2014, 08:06:05 PM
 #3643

Ya, but there are 16 billion coins to overcome

loving this....decided to day trade my 3.7m stake... now sitting on 6.1m Mint from the last 1 hour alone...

What do i want? BTC or MINT? easy answer... mint... Because i think over time.. due to it PoS nature... everyone is gonna lock down their mint in their wallet.. and we wont be seeing so many millions up for grabs...

Hope fully i will get to my goal of 10m and then sell of the excess for profit...


Nullu
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February 23, 2014, 08:08:01 PM
 #3644

loving this....decided to day trade my 3.7m stake... now sitting on 6.1m Mint from the last 1 hour alone...

What do i want? BTC or MINT? easy answer... mint... Because i think over time.. due to it PoS nature... everyone is gonna lock down their mint in their wallet.. and we wont be seeing so many millions up for grabs...

Hope fully i will get to my goal of 10m and then sell of the excess for profit...



I'm too worried if I try daytrading the price will spike again and not come back down.

Read up on Elliot Wave Principle. Study it. Then use it in context of everything else that goes on. A smart trader is a rich trader.

Oh, and do use the graphs. They're there for a reason.  Smiley

We live in a world of highly deluded traders. I'm okay with technical analysis but in all frankness, Elliot Wave Principle is a lot of mumbo jumbo. Keep it simple. Moving averages, crossovers if you want, maybe stochastics if you are feeling brave. None of these necessarily "works" in itself. But through experience you can put them all together in a certain way, creating a "road map" through which to interpret the price action when it has already occurred.

Why did they collectively panic, Nullu?
Because the Elliott Wave Theory said so! ... Right.

I did quite clearly say "in context". Anyone blindly following Elliot Wave Theory will find themselves quickly very poor. I rely mostly on my own judgement, but Elliot Wave has helped me a great deal in spotting trends. The very fact that we live in a world of "highly deluded traders" that follow such principles is exactly why it can be exploited. You don't have to follow Elliot Wave Principle to profit from it. You just have to watch everyone else that does.

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Party Hard
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February 23, 2014, 08:08:11 PM
 #3645

WARNING TO INVESTORS!

Pre-mine? yes.

Community interested in anything but money? no.

Anything innovative? no.



Red letters are a sure sign of a seasoned troll. Well seasoned with rosemary and sea salt. MMMmmm. Yummy Troll. Don't feed the trolls people, EAT them!!!

Ladies ladies, one at a time.
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February 23, 2014, 08:08:21 PM
 #3646

can someone please take 1 minute to explain the mining. Cant find a single helpful link....


cheers

Heavy mining going on in different pools. GPUs & CPUs are hashing the network at the moment. After 2 weeks or so (check first page for exact information) mining will be stopped as in terms there will no any coins left to mine anymore. After that network will run on proof of stake (POS) so if you want to mine this coin, do it now. Hope that helped you a bit.  Grin

But how do i mine it? is it just a simply scrypt coin?

use my scrypt settings hook to a pool and go?
Yep, forget to mention that.. Its just a scrypt coin, use cgminer or cpuminer and mine.
flounderella
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February 23, 2014, 08:10:01 PM
 #3647

loving this....decided to day trade my 3.7m stake... now sitting on 6.1m Mint from the last 1 hour alone...

What do i want? BTC or MINT? easy answer... mint... Because i think over time.. due to it PoS nature... everyone is gonna lock down their mint in their wallet.. and we wont be seeing so many millions up for grabs...

Hope fully i will get to my goal of 10m and then sell of the excess for profit...



I'm too worried if I try daytrading the price will spike again and not come back down.

Read up on Elliot Wave Principle. Study it. Then use it in context of everything else that goes on. A smart trader is a rich trader.

Oh, and do use the graphs. They're there for a reason.  Smiley

We live in a world of highly deluded traders. I'm okay with technical analysis but in all frankness, Elliot Wave Principle is a lot of mumbo jumbo. Keep it simple. Moving averages, crossovers if you want, maybe stochastics if you are feeling brave. None of these necessarily "works" in itself. But through experience you can put them all together in a certain way, creating a "road map" through which to interpret the price action when it has already occurred.

Why did they collectively panic, Nullu?
Because the Elliott Wave Theory said so! ... Right.

I did quite clearly say "in context". Anyone blindly following Elliot Wave Theory will find themselves quickly very poor. I rely mostly on my own judgement, but Elliot Wave has helped me a great deal in spotting trends. The very fact that we live in a world of "highly deluded traders" that follow such principles is exactly why it can be exploited. You don't have to follow Elliot Wave Principle to profit from it. You just have to watch everyone else that does.

Sorry I misunderstood. We are saying the same thing then.

+1
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February 23, 2014, 08:10:22 PM
 #3648

loving this....decided to day trade my 3.7m stake... now sitting on 6.1m Mint from the last 1 hour alone...

What do i want? BTC or MINT? easy answer... mint... Because i think over time.. due to it PoS nature... everyone is gonna lock down their mint in their wallet.. and we wont be seeing so many millions up for grabs...

Hope fully i will get to my goal of 10m and then sell of the excess for profit...



I'm too worried if I try daytrading the price will spike again and not come back down.

Read up on Elliot Wave Principle. Study it. Then use it in context of everything else that goes on. A smart trader is a rich trader.

Oh, and do use the graphs. They're there for a reason.  Smiley

Interesting...never came across that system before... basically my system during a pump.. is to carefully check all buy and sell orders.. at least 10 points up and 10 points down... to get a gauge for market movement range... and then refer to chart to see how long the buy/sell frenzy was going on.. at which point i determine my buy/sell price... i generally don't do to bad that way.

Only rule is to not get to caught up in the hype that usually follows in a coin thread.

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Nullu
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February 23, 2014, 08:12:18 PM
 #3649

loving this....decided to day trade my 3.7m stake... now sitting on 6.1m Mint from the last 1 hour alone...

What do i want? BTC or MINT? easy answer... mint... Because i think over time.. due to it PoS nature... everyone is gonna lock down their mint in their wallet.. and we wont be seeing so many millions up for grabs...

Hope fully i will get to my goal of 10m and then sell of the excess for profit...



I'm too worried if I try daytrading the price will spike again and not come back down.

Read up on Elliot Wave Principle. Study it. Then use it in context of everything else that goes on. A smart trader is a rich trader.

Oh, and do use the graphs. They're there for a reason.  Smiley

We live in a world of highly deluded traders. I'm okay with technical analysis but in all frankness, Elliot Wave Principle is a lot of mumbo jumbo. Keep it simple. Moving averages, crossovers if you want, maybe stochastics if you are feeling brave. None of these necessarily "works" in itself. But through experience you can put them all together in a certain way, creating a "road map" through which to interpret the price action when it has already occurred.

Why did they collectively panic, Nullu?
Because the Elliott Wave Theory said so! ... Right.

I did quite clearly say "in context". Anyone blindly following Elliot Wave Theory will find themselves quickly very poor. I rely mostly on my own judgement, but Elliot Wave has helped me a great deal in spotting trends. The very fact that we live in a world of "highly deluded traders" that follow such principles is exactly why it can be exploited. You don't have to follow Elliot Wave Principle to profit from it. You just have to watch everyone else that does.

Sorry I misunderstood. We are saying the same thing then.

+1

Yes, I believe we are.

At the end of the day I think it mostly boils down to the psychology of the trading majority. It's just a complex form of wealth redistribution really.

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Langly
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February 23, 2014, 08:12:30 PM
 #3650

Let's send a message to steban :p
He was super pessimistic the entire time, always trying to find something bad to say about some aspect of something. It will be funny if Mint reaches 200 sat, we can all laugh at him. Tongue
steban is the one person why I decided to step in and create a team for driving mintcoin. In a way, we all owe him a lot.

Too bad he never answered my PM...

If mint ever hits 700 sat in a year, offer to buy his house for $4,000 and tell him he should take your offer before the market crashes Tongue
dille71
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February 23, 2014, 08:13:32 PM
 #3651

can someone please take 1 minute to explain the mining. Cant find a single helpful link....


cheers

Heavy mining going on in different pools. GPUs & CPUs are hashing the network at the moment. After 2 weeks or so (check first page for exact information) mining will be stopped as in terms there will no any coins left to mine anymore. After that network will run on proof of stake (POS) so if you want to mine this coin, do it now. Hope that helped you a bit.  Grin

But how do i mine it? is it just a simply scrypt coin?

use my scrypt settings hook to a pool and go?
You can scrypt mine it for a couple of weeks more but its getting pretty hard.
You find a list of pools on the first page.
After week 5 (2.5 weeks more) mining will be virtually 0 and after that you "mint" by keeping your coins in your wallet for at least 20 days and you dont need any high end hardware for that

Mintcoin: MsFGc9atNN6DddEsQHiq7MgDieoSLwtmg5
InformationCoin: Je4ZhmQBSd68oZ7CeXWMrWEsyprTXAVFuX
David Latapie
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February 23, 2014, 08:13:57 PM
Last edit: February 24, 2014, 12:56:21 AM by David Latapie
 #3652

Still have not seen the dev team address their plan with the 3.86% premine. Did I miss it?
A lot of bounties have been given already from premine. Can't say more.

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broken_pixel
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February 23, 2014, 08:16:32 PM
 #3653

WARNING TO INVESTORS!

Pre-mine? yes.

Community interested in anything but money? no.

Anything innovative? no.



Troll much?  Roll Eyes

GA-990FXA-UD5, 1x 7970L, 2x S1, AX1200i, RIVBE, 2x R290x, NEX1500, BTC: 1G9cQix8bMgh35MQ9wY3Rb9yNSSCtnoRmK, DGC: DFo9FcKYsutv9Vx5c5xUzkrt7VJdECZWTM, LTC: LaAN33aktPGaimN5ALL9kjHjuJekfmKfTh
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February 23, 2014, 08:17:18 PM
 #3654

fuck yeah  Cheesy, who else gangbanged the fuck out of that arbitrage opportunity on coinmarket?
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February 23, 2014, 08:21:10 PM
 #3655

idk i think i can buy a lot cheap than that, still has 17days to go! let's see what happends.

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February 23, 2014, 08:22:18 PM
 #3656

Mintcoin is rising quick on coinwarz, now at 18. This coin is different then all the others which makes it really valuable. At one point mining stops which prevents multipool and big miners from dumping the coin. Minting takes over and holding large amounts of coins is very profitable.

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February 23, 2014, 08:24:22 PM
 #3657

interesting... mintpal.. just opened up its first LTC exchange...
and its paired with Mint.

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February 23, 2014, 08:24:44 PM
Last edit: February 23, 2014, 08:34:58 PM by broken_pixel
 #3658

I have not sold one Mint.  Cool

Patience, patience, patience.

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SackofBits
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February 23, 2014, 08:25:34 PM
 #3659

Mintcoin is rising quick on coinwarz, now at 18. This coin is different then all the others which makes it really valuable. At one point mining stops which prevents multipool and big miners from dumping the coin. Minting takes over and holding large amounts of coins is very profitable.

I don't see mintcoin on coinwarz =/

BadgerCoin: BCE5ABarPLdenidMRSr4vJK1z2u7VWzoDo
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luv2mine
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February 23, 2014, 08:27:06 PM
 #3660

Mintcoin is rising quick on coinwarz, now at 18. This coin is different then all the others which makes it really valuable. At one point mining stops which prevents multipool and big miners from dumping the coin. Minting takes over and holding large amounts of coins is very profitable.

I don't see mintcoin on coinwarz =/

he probably saw mincoin Tongue
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