xenithrising (OP)
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February 27, 2014, 11:32:30 AM |
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About to invest a portion of my savings. I already have stakes in quark and I am looking for the next coin that I can invest in and hold for long term.
Mint or Vert?
Which one should I pick?
Both seem pretty innovative/promising at this moment and are greatly undervalued in my opinion.
Vertcoin for its ASIC resistance or Mintcoin for its unique approach to mining?
Any opinions?
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chinabreak123
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February 27, 2014, 11:49:19 AM |
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both dark，very dark，you will lose your menoey if you buy them
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eXocoin [EXO]-gen 2.0- dev. from scratch! Give-Away | Open Beta
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hostmaster
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February 27, 2014, 11:50:51 AM |
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both dark，very dark，you will lose your menoey if you buy them
agreed. You cant rely on any alt coin in the long term. you need learn to be short time player. |
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xenithrising (OP)
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February 27, 2014, 11:55:20 AM |
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I do short, but some coins are worth holding.
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kikeda
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Super Smash Bros. Ultimate Available Now!
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February 27, 2014, 12:15:51 PM |
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hunteroin - extremely undervalued If I were to choose between mint and vert ill invest in mint cause its more innovative and have more potential, I have both btw.  |
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barryzand
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February 27, 2014, 12:23:46 PM |
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I do short, but some coins are worth holding.
Prospercoin bro... mining that coin if i just dont know what to mine anymore... but its definitly a long term coin... trustworthy dev whos working his ass of as well  Mint and Vert... you are already way too late |
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lumberinvestments
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February 27, 2014, 12:30:48 PM |
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Go qqcoin. how many other scrypt-jane coins you can still mine or buy for very cheap ? only 0.00001 per coin, at 30 million total coins.
When chinese will realize the value it will go to 1 dollar each minimum.
It is only on coinedup.com as of now..
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xenithrising (OP)
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February 27, 2014, 12:34:24 PM |
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I do short, but some coins are worth holding.
Prospercoin bro... mining that coin if i just dont know what to mine anymore... but its definitly a long term coin... trustworthy dev whos working his ass of as well Mint and Vert... you are already way too late Mintcoins only been out for a few weeks, how can I be late? lol. Vert is new as well, 0 backing behind this statement. |
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barryzand
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February 27, 2014, 12:48:02 PM |
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I do short, but some coins are worth holding.
Prospercoin bro... mining that coin if i just dont know what to mine anymore... but its definitly a long term coin... trustworthy dev whos working his ass of as well Mint and Vert... you are already way too late Mintcoins only been out for a few weeks, how can I be late? lol. Vert is new as well, 0 backing behind this statement. you could have bought your mint while it was at 3/4 satoshi... now you are looking to buy something that has been rising 1000% in a few days... on that note... you missed the boat already brother... same with vert... but if you really want one of these coins... i would go with vert... just because its asic resistent.. that could be good for the long run with all these scrypt asics coming out.. and mint is way too hyped right now... |
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wasamata
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February 27, 2014, 12:53:36 PM |
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Mintcoin by a mile.
ASIC resistant in that it will be virtually unmineable in 2 weeks.
POS so you will be getting a ROI each month by keeping them in your wallet.
Also only about 2 weeks left to mine them so after that the only way to get them is buy.
Incentive is to hold them as opposed to trade them.
That's more than I can say for vertcoin and most other cryptocurrencies.
There's no point investing if it aint POS IMO.
I see it as way more attractive than dogecoin atleast, yet it is about 5 times cheaper.
That said, the market is unpredictable and their are clowns out their who have no idea trading the market.
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HCLivess
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=== NODE IS OK! ==
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February 27, 2014, 12:55:00 PM |
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MintCoin is POS. There has not been a successful POS coin yet except for Peercoin and perhaps Yacoin.
But MintCoin developers are very talented, so it is a tough decision.
Also I don't see how MintCoin is unique.
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heskey
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February 27, 2014, 12:57:34 PM |
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Mintcoin is a miner scam. The only ones who will profit from that coin are the big miners who got in early, pulling out millions of coins/day. I'll bet that coin is the most consolidated so far. What's even worse is that the PoS will benefit the big holders, giving the same persons the advantage of earning huge interest on their holdings.
All this they are doing while promoting it as a "green" and "enviromental" cause.
As a side-note: Huntercoin is more energy effiecient than mintcoin. Vertcoin has 10000 times better distribution than mintcoin.
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HCLivess
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=== NODE IS OK! ==
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February 27, 2014, 01:00:22 PM |
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Mintcoin is a miner scam. The only ones who will profit from that coin are the big miners who got in early, pulling out millions of coins/day. I'll bet that coin is the most consolidated so far. What's even worse is that the PoS will benefit the big holders, giving the same persons the advantage of earning huge interest on their holdings.
All this they are doing while promoting it as a "green" and "enviromental" cause.
As a side-note: Huntercoin is more energy effiecient than mintcoin. Vertcoin has 10000 times better distribution than mintcoin.
I second this. You can use MintCoin for efficient pump&dump still, people are taken away by the numbers they can hold, same as with the African Dollars. The volume of traded MintCoin is pretty high now. |
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faithdealer
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February 27, 2014, 01:02:36 PM |
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I don't understand why the general public would adopt Mintcoin when the distribution is unfair by design and it offers nothing over Peercoin. But then, I have no idea why anyone was buying Maxcoin, and it did alright.
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HCLivess
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February 27, 2014, 01:03:37 PM |
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I don't understand why the general public would adopt Mintcoin when the distribution is unfair by design and it offers nothing over Peercoin. But then, I have no idea why anyone was buying Maxcoin, and it did alright.
That's called marketing. We all remember EAC and NOBL for their flashy logos, starting high price and then massive dumps. |
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Galgenfrist
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February 27, 2014, 01:06:31 PM |
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Mintcoin is not unique at all, there are plenty of hybrid Pow/PoS coins out there (and even more coming) and I really don't see why/how Mintcoin will differentiate itself.
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deadmanwalking
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February 28, 2014, 12:45:25 AM |
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50 billion Mintcoins have yet to be produced! If you could go back in time and buy Doge at 39 sat would you not? Of course you would. Imagine Mintcoin being like Doge that magically produces new coins.
Mintcoin differs from other PoW coins by releasing so many at once. 20 Billion in 5 weeks.
Mintcoin differs from PoS coins,...again by releasing so many at once, albeit at a much slower rate than initial mining. 20% return on any coins held for the first year. Then 15% year following, then 10%, then 5% where it will stay. This will keep the market active but not too active.
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CoinHoarder
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In Cryptocoins I Trust
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February 28, 2014, 01:01:37 AM |
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20% return on any coins held for the first year. Then 15% year following, then 10%, then 5% where it will stay. This will keep the market active but not too active.
This is assuming that Mintcoin holds its value. A 20% return on something worth zero equals zero. Or possibly.. say Mintcoin is incredibly hyped (which I believe it is somewhat... a lot of threads on it lately) and it sells for a lot when it first comes out and slowly declines 20% in value over the course of the first year. You are still left in the same exact place you were the year before. It is certainly not a sure thing, and IMO I think it is possible that Mintcoin goes down 20% from its inception, due to Mintcoin being a copy cat of Nxt with a different distribution method. Not to mention they are far behind Nxt due to the network effect... the best doesn't always win, it helps to be first. Also Nxt got a head start so they are further along in development of neat features. It seems like their distributed exchange is coming along nicely... I think all it needs is a GUI. I've made a couple posts in a row on this topic... for the record, I own 0 Nxt this is just my honest assessment of the situation. |
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mr_random
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February 28, 2014, 01:15:36 AM |
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Mintcoin differs from POS coins like Peercoin because it's 100% proof of stake in two weeks, making it much more energy efficient.
It's like a bitcoin style version of NXT in that regard, but with a fairer distribution.
Market cap of mint now is 4 million. It will easily get to 15 million once the mining stops in 2 weeks pretty much by which point that will be 20 billion coins on the market.
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CoinHoarder
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February 28, 2014, 01:24:34 AM |
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Mintcoin differs from POS coins like Peercoin because it's 100% proof of stake in two weeks, making it much more energy efficient.
It's like a bitcoin style version of NXT in that regard, but with a fairer distribution.
Market cap of mint now is 4 million. It will easily get to 15 million once the mining stops in 2 weeks pretty much by which point that will be 20 billion coins on the market.
I feel like I debunked the myth that Mintcoin has a more fair distribution earlier today with this post: https://bitcointalk.org/index.php?topic=491131.msg5416647#msg5416647 |
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