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mgburks77
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March 31, 2014, 04:29:15 PM |
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This is important because VOS is one of the only regulated exchanges out there. Critical point, MINT is more of a marketable commodity than most other coins. It has a consumer friendly "green" image instead of that of a subcultural icon that the public views somewhat suspiciously. Inclusion onto regulated venues such as VoS will help in this regard. MINT is not targeting a small subset of the population who mainly are motivated by ideological beliefs, hacking etc but is for everyone! Easy to use, saves energy and you get to help mint new coins on a regular computer and maybe someday your android device. That's MINT. |
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neilh
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March 31, 2014, 04:30:18 PM |
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Actually, it is one coin against another. Sorry to break that to naive people. 3 clones dead, 1 to go. If I'm on the board and see blackcoin trolls, they shall not pass.
Fine. Even if I am naive, still you are not gaining something by lying to a trolling question. The real investors want to see clarity, honesty and potential. Not kids saying "mine is bigger than yours" ... Right now, I could place a 1 BTC Buy at 5555 satoshi and move the price up by 100 satoshi. FACT. I'm sorry, but I am not lying. Blackcoin has an official multipool whose sole existence is to put buy pressure on the coin. It say so on their website. I understand some people hold both coins and would like to see them both prosper. Unfortunately that isn't how any marketplace works. Every coin out there is competing against the other, just like facebook and myspace, or Apple vs Samsung, etc.. This is the way capitalism works. So what's the multipool for Mint doing then? Mint's multipool was funded by the community and is not official. It would take a 9 BTC buy just to move the price of Mint 1 satoshi. To answer your other question of why would people buy Mint instead of other coins? Because it pay's 20% annual interest and a person can gain coins without mining equipment. Mint community members are very focused on building long term infrastructure. We also have many merchants, and will be added to Vault of Satoshi in April. This is important because VOS is one of the only regulated exchanges out there. I didn't ask how it was funded, I said what's the difference in regard to the buy pressure you posted about BC? I'm sure it was the same idea after seeing BC planned/setup one. To help with buy pressure! And the other PoS coins I mentioned, many have a higher interest rate than Mint! So what's the reason people would jump from BC for Mint instead of looking at other PoS coins? You were specific in stating BC to Mint, not other coins. So I'm curious to know why you think it's either BC or Mint. Aurora is on Vault of Satoshi , I think you were saying something about that coin the other day too!  |
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mgburks77
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March 31, 2014, 04:35:06 PM |
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And the other PoS coins I mentioned, many have a higher interest rate
than Mint! MINT has a minting schedule that is designed with a specific distribution in mind. Just spurting out coins is no more of a solution than severely restricting the supply rate is. You need a distribution that is a little more planned out than that. |
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deadmanwalking
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March 31, 2014, 04:41:34 PM |
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I didn't ask how it was funded, I said what's the difference in regard to the buy pressure you posted about BC? Same as question 2, see answer.I'm sure it was the same idea after seeing BC planned/setup one. To help with buy pressure! Yep, I never said it was a bad idea, but an independent pool operator is going to buy at the best market price. So we don't have quite the same advantage.
And the other PoS coins I mentioned, many have a higher interest rate than Mint! Uhh, which one?So what's the reason people would jump from BC for Mint instead of looking at other PoS coins? Answered many times, look up.You were specific in stating BC to Mint, not other coins. So I'm curious to know why you think it's either BC or Mint. BC is the only Mintclone still alive. It cannot be mined any longer, and there is no reason for it to have value. 74 million coins that are better than btc because....?? Aurora is on Vault of Satoshi , I think you were saying something about that coin the other day too! Yep, I highly doubt Auracoin will be used by the population of Iceland. Still it was an original idea and time will tell. What's your point?[/quote] |
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Crindon
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March 31, 2014, 04:42:54 PM |
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This is important because VOS is one of the only regulated exchanges out there. Critical point, MINT is more of a marketable commodity than most other coins. It has a consumer friendly "green" image instead of that of a subcultural icon that the public views somewhat suspiciously. Inclusion onto regulated venues such as VoS will help in this regard. MINT is not targeting a small subset of the population who mainly are motivated by ideological beliefs, hacking etc but is for everyone! Easy to use, saves energy and you get to help mint new coins on a regular computer and maybe someday your android device. That's MINT. Yes, the marketing aspect is very tasty for MINT. It will be fun to advertise MINT. I would like to see Mintcoin on VirtEx ( http://www.cavirtex.com), it's the biggest and oldest fiat/BTC/LTC exchange in Canada. They only added LTC recently. |
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neilh
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March 31, 2014, 04:43:24 PM |
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This is important because VOS is one of the only regulated exchanges out there. Critical point, MINT is more of a marketable commodity than most other coins. It has a consumer friendly "green" image instead of that of a subcultural icon that the public views somewhat suspiciously. Inclusion onto regulated venues such as VoS will help in this regard. MINT is not targeting a small subset of the population who mainly are motivated by ideological beliefs, hacking etc but is for everyone! Easy to use, saves energy and you get to help mint new coins on a regular computer and maybe someday your android device. That's MINT. That's all very nice and all, but why the badmouthing of BC? It's not BC or Mint, there are many PoS coins, many that trade above both coins. So a 20% PoS rate is not the highest and so if people are looking for other PoS coins, there are many that give a higher interest rate than Mint. Which is why I asked about the constant posts badmouthing of BC because it gives you 20% and has more merchants. How many supporters of Mint have purchased from one of the merchants yet? If the 20% is the main selling point, why not also post about the other PoS coins with higher % rates, when shit is posted about BC? "specific distribution in mind" but we're are talking about the interest rate? are we not? |
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mgburks77
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March 31, 2014, 04:49:24 PM |
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I've never mentioned that coin specifically so I don't know what you are saying that in reference to.
My concern is how is MINT going to compete with BTC, not a mintclone.
In that regard I have to say that the ability to mine on a regular computer, and maybe an android device before too long, is the main selling point.
You can do it on a laptop or mini device and it doesn't waste a ton of energy. Perfect for the "Whole Foods" crowd.
That is a reasonable target demographic if you are going for mass adoption.
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Crindon
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March 31, 2014, 04:51:10 PM |
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I've never mentioned that coin specifically so I don't know what you are saying that in reference to.
My concern is how is MINT going to compete with BTC, not a mintclone.
In that regard I have to say that the ability to mine on a regular computer, and maybe an android device before too long, is the main selling point.
You can do it on a laptop or mini device and it doesn't waste a ton of energy. Perfect for the "Whole Foods" crowd.
That is a reasonable target demographic if you are going for mass adoption.
Thanks for this. I was thinking of another marketing campaign. This would be another one to work with. I can expect a strong response with this campaign. I just came up with a great slogan as well, really snaps into the mind and won't leave. |
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mgburks77
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March 31, 2014, 04:53:51 PM |
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Also consider this:
Is Apple going to want to co-brand with something like bitcoin or blackcoin? No it will refuse to allow that but something that energy efficient and trendy goes hand in hand with the target demographic that Apple markets to.
We are talking about basic commercial viability here. MINT has that image, the others simply do not.
Accordingly, MINT is going places.
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rokkyroad
Legendary
 Offline
Activity: 1090
Merit: 1000
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March 31, 2014, 04:57:01 PM |
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How can anyone not love the name "Mint"? Green is beautiful. Trees are beautiful.
I love to gaze at my Mint wallet. The green, the minting, the profit, so nice. It gives me inner peace.
Everyone should experience "inner peace". Buy some Mint.
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" If you have to spam and shout to justify your existence then you are a shit coin." TaunSew
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neilh
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March 31, 2014, 04:57:20 PM |
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I didn't ask how it was funded, I said what's the difference in regard to the buy pressure you posted about BC? Same as question 2, see answer.I'm sure it was the same idea after seeing BC planned/setup one. To help with buy pressure! Yep, I never said it was a bad idea, but an independent pool operator is going to buy at the best market price. So we don't have quite the same advantage.
And the other PoS coins I mentioned, many have a higher interest rate than Mint! Uhh, which one?So what's the reason people would jump from BC for Mint instead of looking at other PoS coins? Answered many times, look up.You were specific in stating BC to Mint, not other coins. So I'm curious to know why you think it's either BC or Mint. BC is the only Mintclone still alive. It cannot be mined any longer, and there is no reason for it to have value. 74 million coins that are better than btc because....?? Aurora is on Vault of Satoshi , I think you were saying something about that coin the other day too! Yep, I highly doubt Auracoin will be used by the population of Iceland. Still it was an original idea and time will tell. What's your point?The aurora point, was the fact it's on VOS but you were also badmouthing the coin! It's a mint clone? really? billions of coins, high interest rate. Yep sure is a clone. Or is ECC a better comparison? oh and look it's got a higher interest rate too! https://bitcointalk.org/index.php?topic=503236.0 |
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deadmanwalking
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March 31, 2014, 04:59:43 PM |
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neilh, you should realize it's mainly me who trashes BC. The rest of the community mainly focuses on Mint development.
So even though you didn't direct your question of "why trash blackcoin" at me I will answer:
Blackcoin came out 10 days after Mintcoin with a 10 day distribution. A complete copy cat that only had one way to ride the success of Mintcoin wave: Instamine the coin in 10 days. They claim to be original because of this different distribution method. They also differentiate themselves by paying a measly 1% interest on their instamined coin.
Blackcoin then came up with a good idea. The BC multipool. Again, not an original idea as we have seen multipools selling alts for BTC for years now.
It's a good idea for a coin with a small marketcap, because even a small 2 BTC buy at a price above current market price can artificially increase the price by a 300-500 satoshi margin. This is a great way to trick gullible investors into buying high. Then they get dumped on by the people who know what's happening. Then the process repeats. What is happening now is that only true believers are holding the coin. No one is buying anymore, and so the volume is dying as manipulators set their sights elsewhere.
The truth about blackcoin is that it holds no real value. It's literally as if someone put 74 million coins on the market and then said "Buy our wonderful coin, it's better than bitcoin!"
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mgburks77
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March 31, 2014, 05:02:40 PM |
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How can anyone not love the name "Mint"? Green is beautiful. Trees are beautiful.
I love to gaze at my Mint wallet. The green, the minting, the profit, so nice. It gives me inner peace.
Everyone should experience "inner peace". Buy some Mint.
That evocative image is a superficial feature really, but at the same time it is invaluable in creating brand consciousness. This marketability and image is a critical component to mass adoption that most other coins don't seem to take into consideration at. Add to that the revolutionary "green" mining process that anyone with a regular device can participate in and it is easy to see why not only is the MINT community strong, but it is easy for that community to grow in a way not available to other coin schemes. |
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omahapoker
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March 31, 2014, 05:05:00 PM |
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tomorrow i get paid from my affiliates account and will be buying at least 500,000 MINT. i was going to get 2 mil. but will have to wait and see
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mgburks77
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March 31, 2014, 05:06:15 PM |
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Just had another thought regarding marketing.
When the MINT Fund comes online we should do a press release to announce it.
What do you guys think?
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Crindon
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March 31, 2014, 05:10:31 PM |
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Just had another thought regarding marketing.
When the MINT Fund comes online we should do a press release to announce it.
What do you guys think?
That is important. We will market the milestones. |
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mgburks77
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March 31, 2014, 05:11:12 PM |
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Just had another thought regarding marketing.
When the MINT Fund comes online we should do a press release to announce it.
What do you guys think?
That is important. We will market the milestones. exactamundo!  |
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moderndezigns
Newbie
Offline
Activity: 56
Merit: 0
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March 31, 2014, 05:13:51 PM |
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Just had another thought regarding marketing.
When the MINT Fund comes online we should do a press release to announce it.
What do you guys think?
That is important. We will market the milestones. exactamundo! Yes! I think that's a wonderful idea! |
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neilh
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March 31, 2014, 05:15:18 PM |
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neilh, you should realize it's mainly me who trashes BC. The rest of the community mainly focuses on Mint development.
So even though you didn't direct your question of "why trash blackcoin" at me I will answer:
Blackcoin came out 10 days after Mintcoin with a 10 day distribution. A complete copy cat that only had one way to ride the success of Mintcoin wave: Instamine the coin in 10 days. They claim to be original because of this different distribution method. They also differentiate themselves by paying a measly 1% interest on their instamined coin.
Blackcoin then came up with a good idea. The BC multipool. Again, not an original idea as we have seen multipools selling alts for BTC for years now.
It's a good idea for a coin with a small marketcap, because even a small 2 BTC buy at a price above current market price can artificially increase the price by a 300-500 satoshi margin. This is a great way to trick gullible investors into buying high. Then they get dumped on by the people who know what's happening. Then the process repeats. What is happening now is that only true believers are holding the coin. No one is buying anymore, and so the volume is dying as manipulators set their sights elsewhere.
The truth about blackcoin is that it holds no real value. It's literally as if someone put 74 million coins on the market and then said "Buy our wonderful coin, it's better than bitcoin!"
I'll agree you are the main person, but there are others that do it, or at least post little snide remarks regularly. The fact BC is a low interest rate is a plus, and also the total PoW coins millions, not billions is also a plus for me. I actually had Mint when it was at 4 sat. Made a very nice profit and moved to BC. I still like to read this thread to see how Mint is progressing. So I see your posts and others all time, but for the most part ignore it. ECC is much more similar to Mint, but that hasn't had the price increase like BC has it, which I personally think is why you have a problem with BC! |
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