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

[onebutton]

not everyone has trading accounts bei mintpal AND cryptsy. but the whole selling at those prices is either just desperation or manipulation. i think it's just the reaction to the rising price of btc.

prices Not all of us want to see
We've had enough of waiting
We like to fly to the moon

[onebutton]

Nice to see the community still active,

Looking forward what the mintcoin fund, world's first legally-registered NGO for a crypto will achieve. I've donated some mint to the fund and to the redwood project.

Keep going and let's get back to the 10+ sat!

We work together
More active in the community

[RoyalSands]

So this so-called "IconicExpert" is the one supposedly driving the price of MINT down?  Was he the MINT dev?  This is all confusing.

Thanks for the cheap MINT.

[Jeff Jefferson]

So is anything going to be happening that may revive the coin or is it basically dead at this point?

for starters, first POS android client is on its way.

This has been dragging on quite awhile now. You are the second person to attempt this. I'm confident your intentions are good and honorable and you have limitations on your time/resources to complete this task but....

Any way to bring in some help to see this completed sooner rather than later?

It was mentioned by a number of people that having the wallet mint was secondary to just having a mobile wallet.

If an android wallet didn't need the minting function, would it have been completed by now? Just curious.

No. I haven't done anything specific to add minting function yet. All the changes so far was to make bitcoin android library work for a POS coin without comprimising its security. And now the changes are complete, the library is running in the wild, connected to random nodes on the network (helps finding bugs once in a while)

As a side effect of required changes for POS security verifications, adding staking to the library became very easy -- it wasn't the initial target at all.

Not sure if there's any task I can offload to anyone else at this time. mrqu1cky sent his branding changes for android app, so it made things much easier, a huge thanks. Actually it will probably work just fine now if I just bind the library and app together, and release them. But it'll require a full blockchain download that would last for a couple of hours, so I don't want to release it in this state, it'll scare the users and undermine all the development done so far. There are some changes I want to make on the android app so initial blockchain sync problem gets resolved before release, and one extra feature we have been talking with David Latapie. Then I think it'll be worth the wait

some guys have released an android wallet for blackcoin. it has some bugs and flaws but still it is working. maybe you could take a look or contact him? maybe it can accelerate the project. http://www.reddit.com/r/blackcoin/comments/26gwe8/android_wallet_development_test/

further guys at fluttercoin are working on an android wallet with PoS and PoT features integrated. If someone knows of others PoS coins with android wallet in development, please reply.

[Jeff Jefferson]

how big is the blockchain? i don't think the issue can be solved without the download of the blockchain or is it?

[Dallas5]

3 months ago this coin was 40 satoshi now it's almost 4, who knows if it dies or get back to 40.

[rlm42]

Yes but I won't sell because the cream will rise to the top eventually !  

[RoyalSands]

3 months ago this coin was 40 satoshi now it's almost 4, who knows if it dies or get back to 40.

If it goes lower I will buy more.  Sell yours if it worries you, heh.

[RoyalSands]

I sent a PM to "IconicExpert" asing him to sell me more cheap MINT, lol.

[KSGuy]

Someone just bought up the 5 buy wall, 4 is next 

[Beaverslayer]

So, is bad press really good press?

http://altcoinherald.com/whatever-happened-mintcoin/

[ranlo]

Can someone tell me the max stake age?  I don't see it in the OP, thanks.

Yeah, so I have wallet v1.9.1 and it is always open yet I have coins from March 6th and April 14th that still have not staked.  All the other coins are staking fine.  And I'm not a complete moron but I most definitely did not read this entire thread. 

Can someone tell me the max stake age

Bonus: Why do I have coins from 3/6 and 4/14 that haven't staked yet?

Staking is a stochastic process. It may, it may not. Amount of coins in the transaction increase your chances.

Minimum required time is 20 days, there is no max time to generate a stake, but your interest won't increase after 40 days.

Your amounts in the transaction might be too low, it may be better to merge them into a single bigger transaction (and wait 20 days), or just use them when you're paying something.

"interest won't increase after 40 days"

Thanks,  that is exactly what I was looking for, I merged the transactions since they were too old.

Can someone please explain why there is a cap on interest accrual anyways? Is it just to push people into keeping their client open (at least once every 35d or so) or is there another reason?

[nickenburg]

3 months ago this coin was 40 satoshi now it's almost 4, who knows if it dies or get back to 40.

Yeh it's a shame, what happened I really dont understand.
Im not selling im still holding, because i believe people will see the advantages,
Of a coin that dont uses alot of electricity like bitcoin and also give's interest.

[KaChingCoinDev]

3 months ago this coin was 40 satoshi now it's almost 4, who knows if it dies or get back to 40.

and also give's interest.

If the POS works... I had a friend who only got 3 MINT on 1,000,000 MINT over the period of a month. Wallet open the whole time

[Jeff Jefferson]

yeah, nothing left to do but wait and see. in altcoins there are always pumps and rises at any time. so just hold. or sell at ridiculously low prices 

[ranlo]

3 months ago this coin was 40 satoshi now it's almost 4, who knows if it dies or get back to 40.

Yeh it's a shame, what happened I really dont understand.
Im not selling im still holding, because i believe people will see the advantages,
Of a coin that dont uses alot of electricity like bitcoin and also give's interest.

People are claiming that the premine was dumped. I think the issue is that (as far as I've seen lately at least) there has been no real community push to get the coin adopted by more people. It's been stagnant for at least a week now. People need to be more active in getting it value; not just hoping it will gain it on its own.

[Jeff Jefferson]

you will never convince anyone to invest in a coin which loses its value over and over. at least it should stay at a certain level for some time. and if it's 1 or 2 that's fine. because of the staking it still is a good investment. but as long as it is losing value it can never attract new investors. just my opinion. wait till it finds a new ground.

[ranlo]

you will never convince anyone to invest in a coin which loses its value over and over. at least it should stay at a certain level for some time. and if it's 1 or 2 that's fine. because of the staking it still is a good investment. but as long as it is losing value it can never attract new investors. just my opinion. wait till it finds a new ground.

This is so wrong it's ridiculous. So you're saying Bitcoin will never go back up because it went down in value 6 months in a row, right? The absurdity of your statement baffles me. And it's already been proven wrong (check out BTC over the past week).

[Jeff Jefferson]

you will never convince anyone to invest in a coin which loses its value over and over. at least it should stay at a certain level for some time. and if it's 1 or 2 that's fine. because of the staking it still is a good investment. but as long as it is losing value it can never attract new investors. just my opinion. wait till it finds a new ground.

This is so wrong it's ridiculous. So you're saying Bitcoin will never go back up because it went down in value 6 months in a row, right? The absurdity of your statement baffles me. And it's already been proven wrong (check out BTC over the past week).

unfortunately you can't compare btc with mint. btc has thousands of projects which make it valuable. thousands of people with ideas working on making btc more valuable. thousands of people mining it. thousands of people speculating on it. mintcoin doesn't. mintcoin's strength lies in PoS. maybe the time isn't right for it yet. we'll have to wait. please tell me if you yourself are buying mintcoin right now. or if you also wait.

[ranlo]

you will never convince anyone to invest in a coin which loses its value over and over. at least it should stay at a certain level for some time. and if it's 1 or 2 that's fine. because of the staking it still is a good investment. but as long as it is losing value it can never attract new investors. just my opinion. wait till it finds a new ground.

This is so wrong it's ridiculous. So you're saying Bitcoin will never go back up because it went down in value 6 months in a row, right? The absurdity of your statement baffles me. And it's already been proven wrong (check out BTC over the past week).

unfortunately you can't compare btc with mint. btc has thousands of projects which make it valuable. thousands of people with ideas working on making btc more valuable. thousands of people mining it. thousands of people speculating on it. mintcoin doesn't. mintcoin's strength lies in PoS. maybe the time isn't right for it yet. we'll have to wait. please tell me if you yourself are buying mintcoin right now. or if you also wait.

I'm not buying MINT atm but it has nothing to do with its value; it has to do with the stagnant community with it. Coins are a business; if they aren't being PROactively monitored and marketed, they are never going to go anywhere. The MINT community appears to think that value is going to magically appear. If that were how things work, I'd set up tons of businesses locally and be rich. The simple fact is that this is the complete opposite of how things work.