BitAddict
Legendary
Offline
Activity: 1190
Merit: 1001
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February 28, 2014, 11:08:44 PM |
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Just 12 days and we will be the first 100% open source POS. We're now at $2.5 million market cap and still telling we're going doing down to 1-2 satoshis, lol? This kind of achievement is easily +$10 million.
Just look the other POW copycats coins in coinmarketcap trading over MintCoin. POS is way better than POW, we just need to work on develop this coin and have a good community. Price will come alone after that, I don't care about short term swings because I'm long in this coin.
You seriously did not just state Mint is the first open source PoS coin? Hobonickels was birthed in Aug 2013 and I still going strong. I remember before the birth when people were discussing the coin in cryptsy chat, when Cryptsy had chat. WTF Cryptsy, bring back the chat. Actually Mint is a clone of other coins, like 85% of Scrypt algorithm coins. Didn't know about Hobonickels, I never heard about it :/
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deadmanwalking
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February 28, 2014, 11:12:11 PM |
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I'm pretty sure Peercoin was first PoS coin. Mintcoin has the first distribution method of it's kind.
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broken_pixel
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February 28, 2014, 11:14:10 PM |
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Just 12 days and we will be the first 100% open source POS. We're now at $2.5 million market cap and still telling we're going doing down to 1-2 satoshis, lol? This kind of achievement is easily +$10 million.
Just look the other POW copycats coins in coinmarketcap trading over MintCoin. POS is way better than POW, we just need to work on develop this coin and have a good community. Price will come alone after that, I don't care about short term swings because I'm long in this coin.
You seriously did not just state Mint is the first open source PoS coin? Hobonickels was birthed in Aug 2013 and I still going strong. I remember before the birth when people were discussing the coin in cryptsy chat, when Cryptsy had chat. WTF Cryptsy, bring back the chat. Actually Mint is a clone of other coins, like 85% of Scrypt algorithm coins. Didn't know about Hobonickels, I never heard about it :/ http://hobonickels.info/
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GA-990FXA-UD5, 1x 7970L, 2x S1, AX1200i, RIVBE, 2x R290x, NEX1500, BTC: 1G9cQix8bMgh35MQ9wY3Rb9yNSSCtnoRmK, DGC: DFo9FcKYsutv9Vx5c5xUzkrt7VJdECZWTM, LTC: LaAN33aktPGaimN5ALL9kjHjuJekfmKfTh
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stackmint
Newbie
Offline
Activity: 56
Merit: 0
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February 28, 2014, 11:15:38 PM |
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90% of all coins on MINTPAL are in a big negitive, the whole market is down.. this isn't just a "MINT" thing.
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broken_pixel
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February 28, 2014, 11:15:47 PM |
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I'm pretty sure Peercoin was first PoS coin. Mintcoin has the first distribution method of it's kind.
Birthed 12 August 2012, 17:57:38 UTC
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GA-990FXA-UD5, 1x 7970L, 2x S1, AX1200i, RIVBE, 2x R290x, NEX1500, BTC: 1G9cQix8bMgh35MQ9wY3Rb9yNSSCtnoRmK, DGC: DFo9FcKYsutv9Vx5c5xUzkrt7VJdECZWTM, LTC: LaAN33aktPGaimN5ALL9kjHjuJekfmKfTh
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navarthelol
Member
Offline
Activity: 133
Merit: 11
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February 28, 2014, 11:19:27 PM |
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90% of all coins on MINTPAL are in a big negitive, the whole market is down.. this isn't just a "MINT" thing.
What do you mean exacytly; "a big negitive"?
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David Latapie
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February 28, 2014, 11:23:33 PM |
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Whales are buying cheap for the weekend pump. Get your popcorn. What are your forecast regarding at which price to sell this week-end? I know that selling would kill the PoS, but there is a balance between losing one PoS and buying at cheaper price. So, anyone (particularly the one the most experienced with this behaviour), what price?
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kcanup
Legendary
Offline
Activity: 1484
Merit: 1000
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February 28, 2014, 11:42:20 PM |
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This coin is very unstable Which one is stable? Auroracoin There is no stable thing in crypto, either its way too up or way too down, we have to deal with it.
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timerland
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February 28, 2014, 11:53:11 PM |
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I'm pretty sure Peercoin was first PoS coin. Mintcoin has the first distribution method of it's kind.
Yes Peercoin and then Novacoin are the ancestors of all pos coins.
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tokyoghetto
Legendary
Offline
Activity: 1232
Merit: 1000
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February 28, 2014, 11:54:42 PM |
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Just 12 days and we will be the first 100% open source POS. We're now at $2.5 million market cap and still telling we're going doing down to 1-2 satoshis, lol? This kind of achievement is easily +$10 million.
Just look the other POW copycats coins in coinmarketcap trading over MintCoin. POS is way better than POW, we just need to work on develop this coin and have a good community. Price will come alone after that, I don't care about short term swings because I'm long in this coin.
You seriously did not just state Mint is the first open source PoS coin? Hobonickels was birthed in Aug 2013 and I still going strong. I remember before the birth when people were discussing the coin in cryptsy chat, when Cryptsy had chat. WTF Cryptsy, bring back the chat. Actually Mint is a clone of other coins, like 85% of Scrypt algorithm coins. Didn't know about Hobonickels, I never heard about it :/ I invite you to read my Hobonickels Journal, link is in my sig.
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KSGuy
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March 01, 2014, 12:10:52 AM |
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I see wafflepool is mining and trading MINT now, I wonder if MC, CM or multipool is mining them too.. That would be a real good reason the price is going down if they are selling. 100% nothing to worry about in my opinion
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mgburks77
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March 01, 2014, 12:14:06 AM |
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Did everyone get nice and topped off with these great prices? Don't listen to purveyors of FUD they just want your coins and you will get picked apart if you panic sell your holding. That's the game. You gotta have discipline when the price is dropping due to FUD.
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Jimfoxy
Newbie
Offline
Activity: 38
Merit: 0
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March 01, 2014, 12:15:05 AM |
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To do POS is it necessary to have the wallet online at all times?
Suppose you have 500000 mintcoin in your wallet, does the POS just happen automatically, or is there some setting necessary on the wallet?
Can the wallet be ecrypted?
I am really confused about the whole thing!
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mgburks77
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March 01, 2014, 12:15:16 AM |
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Whales are buying cheap for the weekend pump. Get your popcorn. What are your forecast regarding at which price to sell this week-end? I know that selling would kill the PoS, but there is a balance between losing one PoS and buying at cheaper price. So, anyone (particularly the one the most experienced with this behaviour), what price? never sell on the weekend
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TimC
Legendary
Offline
Activity: 1764
Merit: 1022
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March 01, 2014, 12:15:34 AM |
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I see wafflepool is mining and trading MINT now, I wonder if MC, CM or multipool is mining them too.. That would be a real good reason the price is going down if they are selling. 100% nothing to worry about in my opinion The multipool have been mining MINT for the last 2~3 days. It became the most profitable coin to mine so the multipool stepped in and took profits. Multipool do not care what they sell for since they just want Bit Coins to give to their miners. I have a miner on some multipools and turned off auto sell for MINT and BC and I have collect quite a few that way. But you call all still panic sell to get mint down to my buy levels. Then again it's says Newbie under my name so what do I know.
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Stinky_Pete
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March 01, 2014, 12:17:21 AM |
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To do POS is it necessary to have the wallet online at all times?
Suppose you have 500000 mintcoin in your wallet, does the POS just happen automatically, or is there some setting necessary on the wallet?
Can the wallet be ecrypted?
I am really confused about the whole thing!
The longer the wallet is online, acting as a node, the more it'll mint. It can be encrypted, but unlocked. No other settings need changing.
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Langly
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March 01, 2014, 12:39:48 AM |
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I see wafflepool is mining and trading MINT now, I wonder if MC, CM or multipool is mining them too.. That would be a real good reason the price is going down if they are selling. 100% nothing to worry about in my opinion Hashcows has been on Mint a lot as well.
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navarthelol
Member
Offline
Activity: 133
Merit: 11
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March 01, 2014, 12:45:07 AM |
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I see wafflepool is mining and trading MINT now, I wonder if MC, CM or multipool is mining them too.. That would be a real good reason the price is going down if they are selling. 100% nothing to worry about in my opinion Hashcows has been on Mint a lot as well. Just think in under 1 week this probably wont be a problem and in under 2 weeks it definitely wont be a problem
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Jimfoxy
Newbie
Offline
Activity: 38
Merit: 0
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March 01, 2014, 12:48:24 AM |
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To do POS is it necessary to have the wallet online at all times?
Suppose you have 500000 mintcoin in your wallet, does the POS just happen automatically, or is there some setting necessary on the wallet?
Can the wallet be ecrypted?
I am really confused about the whole thing!
The longer the wallet is online, acting as a node, the more it'll mint. It can be encrypted, but unlocked. No other settings need changing. Great. Thanks Stinky_Pete! I will see if I can figure out how to unlock it. Is POS working even now, or does that start only when the mining stops?
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