[ANN] [MINT] Mintcoin (POS / 5%) [NO ICO] [Fair distro, community maintained]

[deadmanwalking]

mint is my favorite coin..it give me much money .i bought it when it was 0.00000004btc.  Lol ahahhaha

Awesome man! Good for you!

[1714132552]

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[1714132552]

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[stormia]

mint is my favorite coin..it give me much money .i bought it when it was 0.00000004btc.  Lol ahahhaha

Good eye, smart buy! I bought in at 7 satoshi, 9 satoshi, 14 satoshi, 16 satoshi, 28 satoshi, 38 satoshi, 43 satoshi, 48 satoshi, 24 satoshi, 18 satoshi, 12 satoshi, 14 satoshi, 15 satoshi, 16 satoshi (I'm all over the place as you can see)- in that order- and I will buy more when I get my next paycheck Haven't sold any yet, I'm the type of person who holds for the long term.

[stormia]

Stormia, you are an awesome person! 

Just trying to spread the joy  You are awesome, you have always been a great Mintcoin supporter! +5000 MINT for you!!!

[jioy]

note that there are people looking into on how to attack pos coins.

reason for this is that proof of stake ( pure ) hasnt been fully checked as a standalone technology.

however, it is written/invented by sunny king who is a very smart dude.

yes, i have seen articles as well on how to damage a pos coin, without cost. most of it is bla or see below.

however, it requires you to have 51% stake atm, but there might be other ways which have not surfaced yet.

"The trouble with Proof-of-stake is that there is nothing at stake."

whales can easily get 51% of the coins. especially at this pricelevel. there is nothing at stake.

so if a whale has bad intentions ( hope wolong is on your side )... yes, then very much damage can be done.

same as with pow coins, you can build a new longest chain that will be seen as valid in the network,
allowing double spend and cancelling transactions/making sure that transactions are not confirmed.

so pray that a whale, with bad intentions, does not get 51%

[stormia]

note that there are people looking into on how to attack pos coins.

reason for this is that proof of stake ( pure ) hasnt been fully checked as a standalone technology.

however, it is written/invented by sunny king who is a very smart dude.

yes, i have seen articles as well on how to damage a pos coin, without cost. most of it is bla or see below.

however, it requires you to have 51% stake atm, but there might be other ways which have not surfaced yet.

"The trouble with Proof-of-stake is that there is nothing at stake."

whales can easily get 51% of the coins. especially at this pricelevel. there is nothing at stake.

so if a whale has bad intentions ( hope wolong is on your side )... yes, then very much damage can be done.

same as with pow coins, you can build a new longest chain that will be seen as valid in the network,
allowing double spend and cancelling transactions/making sure that transactions are not confirmed.

so pray that a whale, with bad intentions, does not get 51%

You are right, but luckily Mintcoin is not pure PoS. It is a PoS/PoW hybrid. Perhaps you should warn pure PoS coins instead of PoS/PoW hybrids...

[stormia]

the coin looks funny, however the introduction looks a little bit simple. can you tell us more information？
i hope it will tothe moon

What kind of information are you looking for? I will do my best (if I am still around by the time you get back to me, if not I apologize and will respond asap).

[CatKiwi]

Get ready for MINT to be brought back to life ;-)

[David Latapie]

Get ready for MINT to be brought back to life ;-)

I don't usually post here, but exceptional circumstances call for exceptional actions.

"Fasten your seatbelt Dorothy, 'cause Kansas is going bye-bye."

[stormia]

So premine and launch a not so good
I kiss ninja launch, but combining premine is bad
dev should do a big giveaway with that premine...

Ninja launch? Launch was fine. PoW phase was nearly 5 weeks long, which is great compared to some other PoS coins which implemented a initial PoW phase. Dev has been building lots of infrastructure with the premine, that is why mint is listed on more exchanges and has more merchants that just about any other coin that came out around the same time. And the mintcoin foundation is in the works as we speak. a give-away is not a bad idea- a few have already occurred- but the dev team has stated multiple times that the premine is meant to be used for long term goals i.e. building infrastructure throughout the growth of the coin (they don't want to use it or give it all away early on because they want to be able to continue to support the coin as it grows later on).

[stormia]

Get ready for MINT to be brought back to life ;-)

I don't usually post here, but exceptional circumstances call for exceptional actions.

Fasten your seatbelt Dorothy. Cause Kansas is going byebye.

+1!!! I miss you presence, David! Glad to see you posting here I suppose I should be paying more attention to the official thread (http://www.mintcointalk.com/), shouldn't I?

[CatKiwi]

Get ready for MINT to be brought back to life ;-)

I don't usually post here, but exceptional circumstances call for exceptional actions.

Fasten your seatbelt Dorothy. Cause Kansas is going byebye.

Let's just say Blackcoin is going to be in for a rough 12 hours and MINT is where the BTC proceeds will be going.

[deadmanwalking]

Someone just bought 4 BTC!!! They must know something! 

[garicson]

so pray that a whale, with bad intentions, does not get 51%

That would cost the attacker about $750,000.

Is it really worth it to attack? I mean they are spending 750K to destroy their own money, who would do that?  

double spend? there will be other flaws... but currently double spend is most likely to occur with a stake of 51% or more.

pure pos is untested. we will see what future will bring.

i am into mint now as well.

ps. it would cost bitcoins. that is why "there is nothing at stake". an early adopter of bitcoin can do this. also the marketcap.. is at highest buy/lowest sell.

marketcap only takes highest buy price and multiplies that by coins available. it wouldnt take 750k usd. not even close.

so coinmarketcap is not even close to real value. simple math.

You see to be completly oblivious to SIMPLE math.

1. There aren't enough coins currently on the market to buy a 51% stake.

2. As soon as someone started to buy many coins, the price would increase exponentially.

3. If anyone were to control 51% it would destroy the value of the coin. Thereby destroying the urge for anyone to acquire so many coins.

4. Not having to do with math. Why the hell isn't anyone asking questions about this on blackcoin's thread. Gee, I wonder. Trolls be gone.

i agree

1 and 2


If anybody will buy all mint under 500 satoshi (560 640 822,397635 Mint) on Minpal, he need 240 btc. The price Mint will be 500 satoshi. It means 560 640 822,397635 *100 /18 721 246 063 = 2.99%. He who wants to attack mintcoin need more coins: 51% - 2.99% = 48%

[linna]

How long has this money released

[deadmanwalking]

so pray that a whale, with bad intentions, does not get 51%

That would cost the attacker about $750,000.

Is it really worth it to attack? I mean they are spending 750K to destroy their own money, who would do that?  

double spend? there will be other flaws... but currently double spend is most likely to occur with a stake of 51% or more.

pure pos is untested. we will see what future will bring.

i am into mint now as well.

ps. it would cost bitcoins. that is why "there is nothing at stake". an early adopter of bitcoin can do this. also the marketcap.. is at highest buy/lowest sell.

marketcap only takes highest buy price and multiplies that by coins available. it wouldnt take 750k usd. not even close.

so coinmarketcap is not even close to real value. simple math.

You see to be completly oblivious to SIMPLE math.

1. There aren't enough coins currently on the market to buy a 51% stake.

2. As soon as someone started to buy many coins, the price would increase exponentially.

3. If anyone were to control 51% it would destroy the value of the coin. Thereby destroying the urge for anyone to acquire so many coins.

4. Not having to do with math. Why the hell isn't anyone asking questions about this on blackcoin's thread. Gee, I wonder. Trolls be gone.

i agree

1 and 2


If anybody will buy all mint under 500 satoshi (560 640 822,397635 Mint) on Minpal, he need 240 btc. The price Mint will be 500 satoshi. It means 560 640 822,397635 *100 /18 721 246 063 = 2.99%. He who wants to attack mintcoin need more coins: 51% - 2.99% = 48%

Yep, and even then he would only halve half  a billion Mint. To all the people trying to buy at 16, just do yourself a favor and buy at 17. Word is people are done with mintclone BC. No more pumping as people are waking up to the fact that bc is just 74 mil instamined coins without any real value. Kind of like the auroracoin spike, people thought it was a great idea until they thought about it. BC reminds me of Topcoin, only with a smaller number of coins. No real long term potential. They say it's better than btc. Why? Why would 74 million coins be worth anything just because they exist?

Do they have 30 merchants like Mintcoin? Do they pay people with coins just for holding them? (1% annual doesn't count) Are they to be listed at Vault of Satoshi in April? Do they have a community the size of Mintcoin?

Mintcoin is the original PoW to PoS and pays people to hold it, and has a large and growing infrastructure. Mint is also more secure because PoW implementation still intact. People love Mintcoin!

[deadmanwalking]

How long has this money released

Feb. 6th

[stormia]

How long has this money released

Now is a good time to buy. We have been near our floor, which has been steadily rising, for a while now.. I suspect more movement upwards soon.

[CatKiwi]

so pray that a whale, with bad intentions, does not get 51%

That would cost the attacker about $750,000.

Is it really worth it to attack? I mean they are spending 750K to destroy their own money, who would do that?  

double spend? there will be other flaws... but currently double spend is most likely to occur with a stake of 51% or more.

pure pos is untested. we will see what future will bring.

i am into mint now as well.

ps. it would cost bitcoins. that is why "there is nothing at stake". an early adopter of bitcoin can do this. also the marketcap.. is at highest buy/lowest sell.

marketcap only takes highest buy price and multiplies that by coins available. it wouldnt take 750k usd. not even close.

so coinmarketcap is not even close to real value. simple math.

You see to be completly oblivious to SIMPLE math.

1. There aren't enough coins currently on the market to buy a 51% stake.

2. As soon as someone started to buy many coins, the price would increase exponentially.

3. If anyone were to control 51% it would destroy the value of the coin. Thereby destroying the urge for anyone to acquire so many coins.

4. Not having to do with math. Why the hell isn't anyone asking questions about this on blackcoin's thread. Gee, I wonder. Trolls be gone.

i agree

1 and 2


If anybody will buy all mint under 500 satoshi (560 640 822,397635 Mint) on Minpal, he need 240 btc. The price Mint will be 500 satoshi. It means 560 640 822,397635 *100 /18 721 246 063 = 2.99%. He who wants to attack mintcoin need more coins: 51% - 2.99% = 48%

Yep, and even then he would only halve half  a billion Mint. To all the people trying to buy at 16, just do yourself a favor and buy at 17. Word is people are done with mintclone BC. No more pumping as people are waking up to the fact that bc is just 74 mil coins without any real value. Kind of like the auroracoin spike, people thought it was a great idea until they thought about it.

Mintcoin is the original PoW to PoS and pays people to hold it, and has a large and growing infrastructure. Mint is also more secure because PoW implementation still intact.

The Market Manipulator who has been pumping up BC has decided there is not enough volume from other buyers and sellers to make it worth his while.

[deadmanwalking]

For those just dropping by:

Why join Mintcoin?

-Energy efficient! No mining necessary, Mint your coins instead!
-Lightining fast, secure transactions.
-Mint pays 20% interest to people who buy in now.
-Can't afford to buy? People can turn other coins into mintcoin by mining at hashcows right now! https://hashco.ws/ (under account settings change to payout in mint)
-Buy\Sell Mint at for fiat at Switzerland based Moolah.io exchange
-We will be added to regulated, legitimate fiat exchange Vault of Satoshi in April: http://www.coindesk.com/vault-of-satoshi-gets-full-money-services-license-canada/
-Android wallet in the works: https://drive.google.com/folderview?id=0BwpkXqmxmdGScm9lb21pTXhuS00&usp=sharing
-Merchants!

Join the Mint Revolution!

New auction site! http://mintbay.net/

[CatKiwi]

Take away all the fake buy orders from BC and you will see not much of anything - no real demand, no support - every movement has been the direct result of buying and selling his own orders. Now look at the MINT orderbook, strong buy support, 16 wall knocked down in 5 minutes, loads of fake sell orders all the way up into 400 satoshi territory to try and make it look like a bad time to buy when viewing Market depth graphs. All part of the plan to dump BC while its pumped sky high above its 7-800 satoshi sensible, stable value - and buy up all the MINT possible. MINT has merchants and stability - BC has neither.