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mashac
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February 24, 2014, 09:02:56 PM |
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Is mintpal down?
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paulmaritz
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February 24, 2014, 09:04:21 PM |
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Then there will be no more Dumps as all will keep their coins forever and watch them GROW!
how is a coin supposed to grow when everyone is holding and doing nothing with them? All jokes aside. You're absolutely right. Yeah but there will never be a coin that everybody holds forever, people want profit  Yeah man, we don't live forever either. lol The point he makes is that we need to spend some coins in order to generate value. There need to be a use for it, otherwise it will get to a certain point and folks will just start dumping it. The last ones out will then be the losers. However, if you build an economy around it, where goods/services can be exchanged for MintCoin, then you create lasting value. |
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Camilio
Full Member
 Offline
Activity: 126
Merit: 100
Geister?! Geister?! Geister???!! Weißbroooot!
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February 24, 2014, 09:05:45 PM |
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Then there will be no more Dumps as all will keep their coins forever and watch them GROW!
how is a coin supposed to grow when everyone is holding and doing nothing with them? All jokes aside. You're absolutely right. Yeah but there will never be a coin that everybody holds forever, people want profit Yeah man, we don't live forever either. lol The point he makes is that we need to spend some coins in order to generate value. There need to be a use for it, otherwise it will get to a certain point and folks will just start dumping it. The last ones out will then be the losers. However, if you build an economy around it, where goods/services can be exchanged for MintCoin, then you create lasting value. right. Are there any merchants yet? |
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paulmaritz
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February 24, 2014, 09:06:50 PM |
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Then there will be no more Dumps as all will keep their coins forever and watch them GROW!
how is a coin supposed to grow when everyone is holding and doing nothing with them? All jokes aside. You're absolutely right. Yeah but there will never be a coin that everybody holds forever, people want profit Yeah man, we don't live forever either. lol The point he makes is that we need to spend some coins in order to generate value. There need to be a use for it, otherwise it will get to a certain point and folks will just start dumping it. The last ones out will then be the losers. However, if you build an economy around it, where goods/services can be exchanged for MintCoin, then you create lasting value. right. Are there any merchants yet? That's the million dollar question. |
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paspi
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February 24, 2014, 09:09:06 PM |
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anyone have a 32 bit version of the linux client? because i get this: zsh: exec format error: ./mintcoind
zsh: exec format error: ./mintcoin-qt
everytime i try to run it I am running a crunchbang 32 bit computer which distro are you using? I've made available an Ubuntu PPA. Worst case, you can download the .deb files and extract the binaries out of them, they should probably work. |
MINT: MdPQhsGufjm5AXYkHebbnF2A155xDqVfK7
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ManOnTheMoon
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February 24, 2014, 09:16:52 PM |
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You guys are missing the point; even if there are merchants, what is the fucking incentive to use mint if they are in your wallet generating interest?
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ETH: 0xff90080d7db05ced501f273548841a2c39cf6463
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Nullu
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February 24, 2014, 09:19:01 PM |
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You guys are missing the point; even if there are merchants, what is the fucking incentive to use mint if they are in your wallet generating interest?
What's the incentive of spending money rather than leave it in the bank accruing interest? Apart from the lower interest rates, a currency will attract both spenders and investors. The PoS, if nothing else increases distribution. |
BTC - 14kYyhhWZwSJFHAjNTtyhRVSu157nE92gF
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paulmaritz
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February 24, 2014, 09:20:25 PM |
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You guys are missing the point; even if there are merchants, what is the fucking incentive to use mint if they are in your wallet generating interest?
lol Are you serious? Products and services offered are also incentives. Fiat money also generates interest, but even a kid knows a portion of it needs to be spend occasionally. The same is true here. If you cannot spend it on something useful, it becomes a waste. |
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CryptoMF
Member
Offline
Activity: 70
Merit: 10
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February 24, 2014, 09:21:29 PM |
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Then there will be no more Dumps as all will keep their coins forever and watch them GROW!
how is a coin supposed to grow when everyone is holding and doing nothing with them? All jokes aside. You're absolutely right. Yeah but there will never be a coin that everybody holds forever, people want profit Yeah man, we don't live forever either. lol The point he makes is that we need to spend some coins in order to generate value. There need to be a use for it, otherwise it will get to a certain point and folks will just start dumping it. The last ones out will then be the losers. However, if you build an economy around it, where goods/services can be exchanged for MintCoin, then you create lasting value. Sometimes I wonder if I am the only one who understand what PoS truly is. This is not PoW. Learn the difference!! |
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NutMasterTardd
Legendary
Offline
Activity: 1512
Merit: 1015
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February 24, 2014, 09:24:00 PM |
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Then there will be no more Dumps as all will keep their coins forever and watch them GROW!
how is a coin supposed to grow when everyone is holding and doing nothing with them? All jokes aside. You're absolutely right. Yeah but there will never be a coin that everybody holds forever, people want profit Yeah man, we don't live forever either. lol The point he makes is that we need to spend some coins in order to generate value. There need to be a use for it, otherwise it will get to a certain point and folks will just start dumping it. The last ones out will then be the losers. However, if you build an economy around it, where goods/services can be exchanged for MintCoin, then you create lasting value. Sometimes I wonder if I am the only one who understand what PoS truly is. This is not PoW. Learn the difference!! +1 I just stopped taking part in those convos.. |
GEO, RLC & QRL.
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CryptoMF
Member
Offline
Activity: 70
Merit: 10
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February 24, 2014, 09:24:09 PM |
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You guys are missing the point; even if there are merchants, what is the fucking incentive to use mint if they are in your wallet generating interest?
What's the incentive of spending money rather than leave it in the bank accruing interest? Apart from the lower interest rates, a currency will attract both spenders and investors. The PoS, if nothing else increases distribution. Finally someone who gets it!! It is an inverse relationship. |
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paulmaritz
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February 24, 2014, 09:25:02 PM |
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Then there will be no more Dumps as all will keep their coins forever and watch them GROW!
how is a coin supposed to grow when everyone is holding and doing nothing with them? All jokes aside. You're absolutely right. Yeah but there will never be a coin that everybody holds forever, people want profit Yeah man, we don't live forever either. lol The point he makes is that we need to spend some coins in order to generate value. There need to be a use for it, otherwise it will get to a certain point and folks will just start dumping it. The last ones out will then be the losers. However, if you build an economy around it, where goods/services can be exchanged for MintCoin, then you create lasting value. Sometimes I wonder if I am the only one who understand what PoS truly is. This is not PoW. Learn the difference!! Don't confuse the issues. PoS or PoW, a portion of the coins still needs to be spent within an economy to generate value. |
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RAMZA
Member
Offline
Activity: 205
Merit: 10
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February 24, 2014, 09:25:32 PM |
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You guys are missing the point; even if there are merchants, what is the fucking incentive to use mint if they are in your wallet generating interest?
lol Are you serious? Products and services offered are also incentives. Fiat money also generates interest, but even a kid knows a portion of it needs to be spend occasionally. The same is true here. If you cannot spend it on something useful, it becomes a waste. The People can spend what they need.... The rest can earn interest like in the real life..... You spend some... And the rest is in the bank.... The same here.. This coin is going to be great... |
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paulmaritz
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February 24, 2014, 09:26:36 PM |
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You guys are missing the point; even if there are merchants, what is the fucking incentive to use mint if they are in your wallet generating interest?
What's the incentive of spending money rather than leave it in the bank accruing interest? Apart from the lower interest rates, a currency will attract both spenders and investors. The PoS, if nothing else increases distribution. Finally someone who gets it!! It is an inverse relationship. You can distribute it all you want, but if it has little value in the final equation, fools will suffer gladly. |
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paulmaritz
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February 24, 2014, 09:28:07 PM |
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You guys are missing the point; even if there are merchants, what is the fucking incentive to use mint if they are in your wallet generating interest?
lol Are you serious? Products and services offered are also incentives. Fiat money also generates interest, but even a kid knows a portion of it needs to be spend occasionally. The same is true here. If you cannot spend it on something useful, it becomes a waste. The People can spend what they need.... The rest can earn interest like in the real life..... You spend some... And the rest is in the bank.... The same here.. This coin is going to be great... Exactly. It is about balance. It was not a call to spend all the coins as some here erroneously assume.  |
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brokedummy
Legendary
Offline
Activity: 980
Merit: 1004
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February 24, 2014, 09:32:46 PM |
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Up from here I hope. I'm not selling, that's for damn sure. I'll buy more if it goes back down toward where I got in.
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CryptoMF
Member
Offline
Activity: 70
Merit: 10
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February 24, 2014, 09:34:20 PM |
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Up from here I hope. I'm not selling, that's for damn sure. I'll buy more if it goes back down toward where I got in.
+50,000,000,000 |
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paulmaritz
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February 24, 2014, 09:34:37 PM |
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Up from here I hope. I'm not selling, that's for damn sure. I'll buy more if it goes back down toward where I got in.
Yeah, that's the spirit of a saver!  |
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NutMasterTardd
Legendary
Offline
Activity: 1512
Merit: 1015
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February 24, 2014, 09:36:10 PM |
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Up from here I hope. I'm not selling, that's for damn sure. I'll buy more if it goes back down toward where I got in.
+50,000,000,000 +100,000,000,000 |
GEO, RLC & QRL.
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MaxMinersNet
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February 24, 2014, 09:37:13 PM |
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https://mint.maxminers.net We are proud to announce our new Mintcoin Pool: 0% Fee
Only 0.1 mnt withdrawal fees Automatic Payouts every minute ! DDoS protected Best EU/US connectivity Stratum on Port 7890 with Variable Difficulty Bonuses will be started as soon as first Block has been found ! Check it out now and get your Scrypt Miners in: https://mint.maxminers.net1000 MNT Bonus per Block Finder !!!
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