Rikkie7
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Activity: 98
Merit: 10
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March 17, 2014, 10:40:41 PM |
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Hi, I've coins from 25 feb in my wallet, this is 21 days ago. I do not see any coins moving to stake. Is this normal? How can I check if everything is ok?
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stormia
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March 17, 2014, 10:43:34 PM |
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Just today at least two new merchants have been added. I think the devs are doing a pretty good job and I think we all need to be a little more patient. And I agree with sixteendigits, the community around this coin has grown to the point where success is not solely dependent upon the actions of one person or team anymore- it is dependent on the actions of the community as a whole.
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Crindon
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March 17, 2014, 10:43:39 PM |
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Well, I have not been following the happenings in the MINT universe. Been daytrading it, but just rebought between 14-16 satoshis. Was gonna withdrawal all my MINT to my local wallet to stake for long term hold. Just wanna be sure the current wallet is okay and functional before I do so.
Seems to be a bit of FUD and trouble in paradise in the MINT world. Many seem to be unhappy with the current devs.
One piece of advice I would give to any MINT holder who may be new to the world of crypto is this. Don't worry about the devs so much. Be patient and things will progress. I haven't been following MINT as closely as I should have, but what makes me confident in holding my MINT from here on out is the community. Any coin that gains this level of support this quickly has a bright future. If the current devs suck, someone in the community will step up to take the reigns. The devs may be working harder than you or I even know, but no one promised the moon overnight. Relax, stake your coins, come back in 1 year to find 20% more MINT and a much higher price!
Agreed. This coin does have a bright future. I don't care about the volatility now or the final dumping by the miners who are walking away. The price will stabilize, then continue to rise over the weeks and months. I will be holding a large amount of my Mintcoins for a very long time. I may also never even sell some of them off. |
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whatwouldacowdo
Newbie
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Activity: 1
Merit: 0
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March 17, 2014, 10:53:00 PM |
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Sorry I'm a bit of a noob when it comes to POS, I apologise if these have been asked before,
Would anyone be kind enough to tell me if
1. I need to leave my wallet open in order to get POS
2. What are the differences between leaving your wallet open vs. opening it very rarely
Holding MINT long term so I rarely open my wallet since I do not transact much.
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Geode
Member
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Activity: 106
Merit: 10
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March 17, 2014, 10:54:35 PM |
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Sorry I'm a bit of a noob when it comes to POS, I apologise if these have been asked before,
Would anyone be kind enough to tell me if
1. I need to leave my wallet open in order to get POS
2. What are the differences between leaving your wallet open vs. opening it very rarely
Holding MINT long term so I rarely open my wallet since I do not transact much.
The latest wallet 1.5 has an unlock button which you only need to use every one in awhile. The coin age is not dependent on how often you unlock your wallet. |
If my post has helped you in some way, please consider donating-Blackcoin: BRJLA6cgXyyYaDfetVoSpo8pNmQDRAfuPA
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ahbartsch
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March 17, 2014, 10:55:33 PM |
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Sorry I'm a bit of a noob when it comes to POS, I apologise if these have been asked before,
Would anyone be kind enough to tell me if
1. I need to leave my wallet open in order to get POS
2. What are the differences between leaving your wallet open vs. opening it very rarely
Holding MINT long term so I rarely open my wallet since I do not transact much.
1. Yes 2. Leaving open after 20 days means the coins will try to find a block constantly. Opening rarely allows coins to accumulate coin age and find a block at a later date when opened. Don't wait past 40 days however because they no longer accumulate coin age after this time. |
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Geode
Member
Offline
Activity: 106
Merit: 10
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March 17, 2014, 10:56:41 PM |
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I, too, will be holding my Mintcoins for long-term. I know this coin will have a great future, so there is no way I am letting them go for cheap. 200 satoshis is cheap. 14 satoshis is a steal.
The infrastructure keeps building and the dev continues to build connections and the community expands like no tomorrow. The prices can't fall forever, eventually, and soon, they will rebound and start moving up and up and up again. The prices have been known to skyrocket overnight. I can see many panic buys in the future.
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If my post has helped you in some way, please consider donating-Blackcoin: BRJLA6cgXyyYaDfetVoSpo8pNmQDRAfuPA
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Crindon
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March 17, 2014, 10:59:03 PM |
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stormia
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March 17, 2014, 10:59:08 PM |
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Hi, I've coins from 25 feb in my wallet, this is 21 days ago. I do not see any coins moving to stake. Is this normal? How can I check if everything is ok?
Heya Rikkie, Feb 25th would make today the 20th day, in my time zone its the 17th of March atm. If that's the case where are too, you might not be eligible until later today (depending on what time of the day you bought it on the 25th). Some other things to consider: 1. Have you moved any of your coins at that address during those 20 days? 2. Are you using the newest version of the wallet (v1.5) 3. Are you leaving the wallet open and unlocked for an extended period of time to allow for minting? You may have to wait longer than 20 days, there is no guarantee that you will find a PoS block on the 20th day or any given day. The longer you wait and the more coins you have the better your chance of finding a block (analogous to hashpower and time when trying to find a PoW block). This also means that if some of your coins were deposited later than the 20 day old ones, they aren't able to stake yet but as they reach coin age and the stakeable amount increases your likeliness of finding a PoS block will increase. This is my understanding of it, anyways. Somebody else who knows more please chime in. |
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ahbartsch
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March 17, 2014, 11:06:30 PM |
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I was just wondering when this would happen! Yay! Good job. |
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Crindon
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March 17, 2014, 11:09:57 PM |
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Prices seem to be stabilizing between 13-14 satoshis. I am expecting stability for awhile, followed by a run up.
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Rikkie7
Member
Offline
Activity: 98
Merit: 10
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March 17, 2014, 11:14:55 PM |
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Hi, I've coins from 25 feb in my wallet, this is 21 days ago. I do not see any coins moving to stake. Is this normal? How can I check if everything is ok?
Heya Rikkie, Feb 25th would make today the 20th day, in my time zone its the 17th of March atm. If that's the case where are too, you might not be eligible until later today (depending on what time of the day you bought it on the 25th). Some other things to consider: 1. Have you moved any of your coins at that address during those 20 days? 2. Are you using the newest version of the wallet (v1.5) 3. Are you leaving the wallet open and unlocked for an extended period of time to allow for minting? You may have to wait longer than 20 days, there is no guarantee that you will find a PoS block on the 20th day or any given day. The longer you wait and the more coins you have the better your chance of finding a block (analogous to hashpower and time when trying to find a PoW block). This also means that if some of your coins were deposited later than the 20 day old ones, they aren't able to stake yet but as they reach coin age and the stakeable amount increases your likeliness of finding a PoS block will increase. This is my understanding of it, anyways. Somebody else who knows more please chime in. Ok. I knew about the conditions you mentioned, so that is ok. So it is still a matter of luck to find a PoS block. So the longer the wallet is up, the sooner it finds the POS block? (With age giving some kind of priority). Is there any way to see the age or which blocks are eligible already? in the debug window for example? |
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Crindon
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March 17, 2014, 11:23:14 PM |
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Buy support is finally increasing on Mintpal.  |
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niothor
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March 17, 2014, 11:34:55 PM |
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Sorry I'm a bit of a noob when it comes to POS, I apologise if these have been asked before,
Would anyone be kind enough to tell me if
1. I need to leave my wallet open in order to get POS
2. What are the differences between leaving your wallet open vs. opening it very rarely
Holding MINT long term so I rarely open my wallet since I do not transact much.
1. Yes 2. Leaving open after 20 days means the coins will try to find a block constantly. Opening rarely allows coins to accumulate coin age and find a block at a later date when opened. Don't wait past 40 days however because they no longer accumulate coin age after this time. One thing I wasn't aware of . Good to hear about it before that 40 days period. |
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niothor
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March 17, 2014, 11:35:22 PM |
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Buy support is finally increasing on Mintpal. Or the panic sell has ended :0 Hopefully. |
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DougB62
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March 17, 2014, 11:46:08 PM |
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Oooohh! The new wallet is "Mint-exy"  |
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eyal1
Newbie
Offline
Activity: 27
Merit: 0
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March 18, 2014, 12:05:12 AM |
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Linux wallet complied, QT gui and HeadLess: https://mega.co.nz/#!5oc3TShS!MJapwfr1PIPKCIVxiETuXj94_r6dIl9hs-NnlIP2W2Q Bounty: MqzsBZuxmozfHNAHjgXZSLaQRyTjzZ1jF6 cheerz! |
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David Latapie
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March 18, 2014, 12:06:49 AM |
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Sweeet. More and more merchants everyday! Indeed. We should start measuring how many merchants per day are added. Someone to webscrap the whole thread and do some regexp to check this and get an average value with a nice history curve (hint; merchants are usually announced by mintcointeam)? I have a website where we can update all the stores and services that accept mint. We can keep updated directories and get the logo next to all the stores so you can easily tell what accepts MINT. I must admit, we been so busy designing and setting up that I have not had a chance to review MINT lately. If anyone can email me at xxxxxx with a list of all the relevant stores, services, and general info on the coin it would be a big help. Thanks. I sent you a mail (as well as a request for an adoption curve). |
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