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

[stormia]

How about we stop focusing on the current price, and instead focus on the fact that this coin is actually working to do something beneficial for the world (http://mintcoinfund.org/) and beneficial for all PoS cryptocurrencies (android wallet). People are so shortsighted in cryptos... long term goals take time...

[alphaminer21]

I love how this thread discusses BC so much.  Maybe it's because you guys still think you're in the same league.

It's always the same people posting about how great Mintcoin is and then pat each other on the back for 10-15 posts.  There are a lot of coins out there where the dev is still highly active and open in the community whereas Mintcoin...

As for the people selling their mint, the large bag holders are out of money, there isn't enough buy depth to unload all their mint, but the smaller players still have an out.  You can take your money out and put it into another coin which is better then watching it slowly fall to 5 satoshis...

It's too bad those sell walls aren't fake, they look to be the real deal, buy into them and see if they disappear.  You can hope for another pump but so much sell walls to break and that's not including all the people looking to unload.

And I've said it before and I'll say it again, what's the point of minting 20% a year when the price falls 10% every other week.  I guess your small circle ran out of pockets to prop the price up.

[stormia]

it can't go below zero, but it can go TO zero. and who is doing that is going to make it go to zero before they are able to sell a significant amount of their stash.

They are better off if they dump at market price and get that 12 or BTC in buy orders.

No one is going to buy at 12 if a 10 BTC sell order is hanging over their head at 13, not to mention almost 200 BTC in sell orders above that. That would be suicide.  

I think it may be too late for this coin.

I love how this thread discusses BC so much.  Maybe it's because you guys still think you're in the same league.

It's always the same people posting about how great Mintcoin is and then pat each other on the back for 10-15 posts.  There are a lot of coins out there where the dev is still highly active and open in the community whereas Mintcoin...

As for the people selling their mint, the large bag holders are out of money, there isn't enough buy depth to unload all their mint, but the smaller players still have an out.  You can take your money out and put it into another coin which is better then watching it slowly fall to 5 satoshis...

It's too bad those sell walls aren't fake, they look to be the real deal, buy into them and see if they disappear.  You can hope for another pump but so much sell walls to break and that's not including all the people looking to unload.

And I've said it before and I'll say it again, what's the point of minting 20% a year when the price falls 10% every other week.  I guess your small circle ran out of pockets to prop the price up.

Nobody was talking about BC until mr_random and you showed up. Please go troll somewhere else. We were discussing the release of http://mintcoinfund.org/ and the upcoming android wallet.. and, no surprise, such developments triggered an onslaught of trolling. If BC thinks it is so "out of Mint's league", then why do BC shills still use their precious time to come over here and rain on Mint's parade? As soon as some good news is released, on cue the BC trolls are back again.

[David Latapie]

How about we stop focusing on the current price, and instead focus on the fact that this coin is actually working to do something beneficial for the world (http://mintcoinfund.org/) and beneficial for all PoS cryptocurrencies (android wallet).

Well said. Look at Karmacoin: they should be an example for all of us.

Price-focus DOES work... for a time. Because the price cannot increase forever. Litecoin had a focus: GPU-hostile (then later ASIC-hostile). Peercoin has one thing too: first PoS. Mastercoin also has one, and so has NxT. Crypto whose only goal is to increase in price are essentially calling for a quick death, once the price stops increasing - because most supporters are just mercenary - nothing wrong about that, we're in finance after all, as long as you are fine with it. Or else they find themselves a cause, a raison d'être beyond mere price increase. Even blitzcoin has a cause: day-trading!

We have a cause. And we intend to shape it.

[moderndezigns]

Please remember to like our Facebook  https://www.facebook.com/MintCoin?ref=br_tf

[David Latapie]

As soon as some good news is released, on cue the BC trolls are back again.

As strange as it is, could it be jealousy? Or even worse, "meeeh, people are talking about something else than us!"

[David Latapie]

You know what? Things are going so fast at the moment, between Mintcoin Fund, Android Wallet, various updates... That I did not eat yet

Today was a good day!

[Ghepetto]

I love how this thread discusses BC so much.  Maybe it's because you guys still think you're in the same league.

It's always the same people posting about how great Mintcoin is and then pat each other on the back for 10-15 posts.  There are a lot of coins out there where the dev is still highly active and open in the community whereas Mintcoin...

As for the people selling their mint, the large bag holders are out of money, there isn't enough buy depth to unload all their mint, but the smaller players still have an out.  You can take your money out and put it into another coin which is better then watching it slowly fall to 5 satoshis...

It's too bad those sell walls aren't fake, they look to be the real deal, buy into them and see if they disappear.  You can hope for another pump but so much sell walls to break and that's not including all the people looking to unload.

And I've said it before and I'll say it again, what's the point of minting 20% a year when the price falls 10% every other week.  I guess your small circle ran out of pockets to prop the price up.

Translation;

BC is down 25% again and is on a wicked roller coaster ride please dump your mint and come save my coin from falling because it is about to die.

Nobody EVER gets back onto a roller coaster ride that just made them puke.



Check out the AUR one month graph on Craptsy and do the same for BC,  enjoy the fiscal cliff and stop spreading FUD to add to your flailing pumps and dumps.  

 Even if MINT falls to 1 sat it wont matter long term.  



I got 99 bags & BC ain't one    

[alphaminer21]

Nobody was talking about BC until mr_random and you showed up. Please go troll somewhere else. We were discussing the release of http://mintcoinfund.org/ and the upcoming android wallet.. and, no surprise, such developments triggered an onslaught of trolling. If BC thinks it is so "out of Mint's league", then why do BC shills still use their precious time to come over here and rain on Mint's parade? As soon as some good news is released, on cue the BC trolls are back again.

My post is for the people on the fence deciding whether they should take their losses and move on or grab a pail (requires BTC) and help save the boat.  I have never once said that I supported BC yet you claim that I am and continue to do so, but here is some food for thought since you keep trying to attack me and ignore the arguments.

Mintcoin Fund:  How is something that dumps Mintcoins onto the market supposed to increase the price of Mint?  Awareness? People already know of Mint.
Various Updates:  What does this even mean?  Fixing grammar and spelling mistakes are consider updates.
Android Wallet:  Something that actually has some merit.  But if it's closed source, you're going to get burned by the alt community, if it's open everyone is just going to copy it and you have nothing again.

For those of you that don't know, whales move the altcoin markets, and I can't see them pushing through all the sell walls and all the whales circling to unload.  About 50% is being held by the top 50 wallets, mintcoins are so concentrated at the top, that I don't see any pumping group risking going too high on this coin.

But lets continue talking about BC, this is BC thread 1.1 after all.

[dille71]

Price is just fine if it stays around 10-15 sat for the rest of this year imo.
What worries me is the low buy support/volume..
The fund is a great thing but when projects start to recieve donations and they want to convert their mints to fiat, what will happen then when virtually no one want to buy their mints?

Allmost everybody that buy cryptocurrencies these days are in it for short time profit. If a coin have no volume / no action it will be forgotten.

Scan through btt and you will find that allmost no one mention mintcoin.

How can we change that?

[moderndezigns]

Everyone please help support the Mintcoin Thunderclap campaign.  Mintcoin on Earthday  support https://www.thunderclap.it/projects/10998-sonoma-county-redwood-reforest

[moderndezigns]

How can we change that?
[/quote]

We are working on an advertising team if you are interested in possibly joining please contact David.

[dille71]

I have never once said that I supported BC

Still you and mr_random keep bring up bc in this thread.
NO ONE talked about it until you guys did.

[David Latapie]

Mintcoin Fund:  How is something that dumps Mintcoins onto the market supposed to increase the price of Mint?  Awareness? People already know of Mint.

Mintcoin Fund is not about raising Mint price. It is about accomplishing a goal. Increasing mint price is just a consequence. That's why it works, because, as I said before here and on another community thread, a coin without a cause can only go that far.

Various Updates:  What does this even mean?  Fixing grammar and spelling mistakes are consider updates.

It meant "too much things I don't feel like detailling once, because anyway, they will show up by themselves. A dev rarely mention every debugging he did or every optimization he made. He just said "I was working on this". Same here.

Android Wallet:  Something that actually has some merit.  But if it's closed source, you're going to get burned by the alt community, if it's open everyone is just going to copy it and you have nothing again.

Please read above. Condition for the bounty was that it would be open-source so it will be open-source. Yes, it will be copied by anyone and this is a good thing - as long as we accept the fact that it will be and we try to capitalise on this. We are about transparency and bringing something more than satoshi to the crypto-world. And we deliver.

For those of you that don't know, whales move the altcoin markets, and I can't see them pushing through all the sell walls and all the whales circling to unload.  About 50% is being held by the top 50 wallets, mintcoins are so concentrated at the top, that I don't see any pumping group risking going too high on this coin.

This is real issue for every crypto. The Gini index for crypto is catastropic. I am thinking of some ideas to reduce this but nothing clear for the moment. At least, not clear enough that I feel confident to say out loud in the open.

[David Latapie]

Everyone please help support the Mintcoin Thunderclap campaign.  Mintcoin on Earthday  support https://www.thunderclap.it/projects/10998-sonoma-county-redwood-reforest

Just did.

[dille71]

Everyone please help support the Mintcoin Thunderclap campaign.  Mintcoin on Earthday  support https://www.thunderclap.it/projects/10998-sonoma-county-redwood-reforest

Just did.

Me too

[Kergekoin]

Come on guys.  

[alphaminer21]

Mintcoin Fund:  How is something that dumps Mintcoins onto the market supposed to increase the price of Mint?  Awareness? People already know of Mint.

Mintcoin Fund is not about raising Mint price. It is about accomplishing a goal. Increasing mint price is just a consequence. That's why it works, because, as I said before here and on another community thread, a coin without a cause can only go that far.

"Mintcoin Fund is not about raising Mint price"

Various Updates:  What does this even mean?  Fixing grammar and spelling mistakes are consider updates.

It meant "too much things I don't feel like detailling once, because anyway, they will show up by themselves. A dev rarely mention every debugging he did or every optimization he made. He just said "I was working on this". Same here.

Just detail 1 or 2 big things, we don't need the details of everything.

Android Wallet:  Something that actually has some merit.  But if it's closed source, you're going to get burned by the alt community, if it's open everyone is just going to copy it and you have nothing again.

Please read above. Condition for the bounty was that it would be open-source so it will be open-source. Yes, it will be copied by anyone and this is a good thing - as long as we accept the fact that it will be and we try to capitalise on this. We are about transparency and bringing something more than satoshi to the crypto-world. And we deliver.

Great news, while you're all about transparency can you show us a ledger for the 700 million premine?

For those of you that don't know, whales move the altcoin markets, and I can't see them pushing through all the sell walls and all the whales circling to unload.  About 50% is being held by the top 50 wallets, mintcoins are so concentrated at the top, that I don't see any pumping group risking going too high on this coin.

This is real issue for every crypto. The Gini index for crypto is catastropic. I am thinking of some ideas to reduce this but nothing clear for the moment. At least, not clear enough that I feel confident to say out loud in the open.

A better distribution of coins would help.

[stormia]

Come on guys.  

But they are clearly SO hungry! I wonder why they suddenly felt the need to come back here?

[WALKEN-COIN]

Everyone please help support the Mintcoin Thunderclap campaign.  Mintcoin on Earthday  support https://www.thunderclap.it/projects/10998-sonoma-county-redwood-reforest

Done!

Is there a way to make the embed for the Thunderclap work on the forum?