Therefor I would expect and increased demand for all PoS coins the next 1-6 month.
And since the potential of increase for Blackcoin will soon be over (you can only go that high), a "smaller coin" like the original mintcoin would make sense. Especially one the Mintcoin Fund will be registered (I am waiting for the receipt from the French administration - I should get it around the end of the week). 
Topic: [ANN] [MINT] Mintcoin (POS / 5%) [NO ICO] [Fair distro, community maintained] - page 380. (Read 1369778 times)
April 14, 2014, 10:53:10 AM
April 14, 2014, 08:18:01 AM
Bitcoin is still like a few weeks old baby in global financial system. What this makes Mintcoin? Like a newborn, who started breathing just a minute ago...
Its kind of early to ask "where mint is going?", but short term plans you can read in Mintcoin forum.
Its kind of early to ask "where mint is going?", but short term plans you can read in Mintcoin forum.
April 14, 2014, 07:59:01 AM
Realistically guys, where do you see mint coin going?
I've been holding mint for a while, for some reason I just can't sell, it feels wrong as for some reason I have massive faith in this coin! So I will continue to hold, tip and buy more.
Just wanting to ask any mint experts out there where you see this going, what can mint be worth and what's the likely hood? Be interested to hear from the more mint educated people of the community!
I've been holding mint for a while, for some reason I just can't sell, it feels wrong as for some reason I have massive faith in this coin! So I will continue to hold, tip and buy more.
Just wanting to ask any mint experts out there where you see this going, what can mint be worth and what's the likely hood? Be interested to hear from the more mint educated people of the community!
I am not an expert, I have been trading alt for about 1/2 year.
Nevertheless here is my analysis:
I have studied the PoS coins closely the last week, and I see a tendency to shift towards the PoS coins, I think this has something to do with most coin holders have a background in mining, and lately the margin for mining is so low that is almost impossible to make a profit on mining + powerful scrypt ASIC miners is about to hit the market. For that reason is PoS a natural choice.
Therefor I would expect and increased demand for all PoS coins the next 1-6 month.
April 14, 2014, 07:51:20 AM
for new people this is how to encrypt your mintcoin wallet
but remember to unlock every 20 days to receive your fresh new mintcoins
https://www.youtube.com/watch?v=9jglmkwlpyM&feature=youtube_gdata
but remember to unlock every 20 days to receive your fresh new mintcoins
https://www.youtube.com/watch?v=9jglmkwlpyM&feature=youtube_gdata
Does Mint-QT wallet support that you can specify another path for the wallet.dat?
It would be nice to place the wallet.dat on a encrypted drive/file container, to have two levels of encryption.
April 14, 2014, 07:50:34 AM
Realistically guys, where do you see mint coin going?
I've been holding mint for a while, for some reason I just can't sell, it feels wrong as for some reason I have massive faith in this coin! So I will continue to hold, tip and buy more.
Just wanting to ask any mint experts out there where you see this going, what can mint be worth and what's the likely hood? Be interested to hear from the more mint educated people of the community!
I've been holding mint for a while, for some reason I just can't sell, it feels wrong as for some reason I have massive faith in this coin! So I will continue to hold, tip and buy more.
Just wanting to ask any mint experts out there where you see this going, what can mint be worth and what's the likely hood? Be interested to hear from the more mint educated people of the community!
April 14, 2014, 07:46:30 AM
for new people this is how to encrypt your mintcoin wallet (encrypting will not affect coin age)
but remember to unlock every 20 days to receive your fresh new mintcoins
video -
https://www.youtube.com/watch?v=9jglmkwlpyM&feature=youtube_gdata
step by step -
1. click settings
2. click encrypt wallet
3. type password (do not forget your password)
and its that easy
to unlock
1. click the unlock bar at bottom of wallet
2. type password
tip - when backing up your wallet back it up with the password on for extra security
tip - if you close your wallet with it unlocked it will automatically lock again
but remember to unlock every 20 days to receive your fresh new mintcoins
video -
https://www.youtube.com/watch?v=9jglmkwlpyM&feature=youtube_gdata
step by step -
1. click settings
2. click encrypt wallet
3. type password (do not forget your password)
and its that easy
to unlock
1. click the unlock bar at bottom of wallet
2. type password
tip - when backing up your wallet back it up with the password on for extra security
tip - if you close your wallet with it unlocked it will automatically lock again
April 14, 2014, 06:30:42 AM
I am new to PoS, and I still don't fully understand how staking works, can someone explain to me?
I have some very basic question:
Minting start after funds has been in the wallet for more than 20 days?
What is exactly going on when minting?
What/who is verifying the transactions, is that the minting clients?
How is a block found?
I have some very basic question:
Minting start after funds has been in the wallet for more than 20 days?
What is exactly going on when minting?
What/who is verifying the transactions, is that the minting clients?
How is a block found?
Most of questions are answered here:
http://mintcoin.com/
Quote
What is exactly going on when minting?
Your computer CPU mines your interest coins. Interest is based on strict rules and are hardcoded in to your wallet. They appear as incoming transfer and need 50 conformations to be validated. Just like mined coins.Quote
What/who is verifying the transactions, is that the minting clients?
All verifying is done by Mintcoin global network. Basically by every client who runs mintcoin wallet. Amount of conformations needed is hardcoded in to wallets.Quote
How is a block found?
Simply by searching it. Whichever wallet founds the block will report it to network to get verified. PoS block size will be determined based on how much interest coins are quoted up by the network.Block will be divided among all applicants for this block.
And of course. All transaction coins are added to every block.
So as a result, blocks final sizes will be occasionaly very large.
April 14, 2014, 06:21:56 AM
!!1500 Follower on Twitter!!!
April 14, 2014, 06:16:21 AM
I am new to PoS, and I still don't fully understand how staking works, can someone explain to me?
I have some very basic question:
Minting start after funds has been in the wallet for more than 20 days?
What is exactly going on when minting?
What/who is verifying the transactions, is that the minting clients?
How is a block found?
I have some very basic question:
Minting start after funds has been in the wallet for more than 20 days?
What is exactly going on when minting?
What/who is verifying the transactions, is that the minting clients?
How is a block found?
April 14, 2014, 05:40:23 AM
welcome to mint my friend remember to keep buying and keep holding, tell your friends and family we need more people and more advertising.
also dont forget bout the mintcoin rich list see how hi you can get, make a game out of it
website -
http://mint.blockx.info/richlist/
also dont forget bout the mintcoin rich list see how hi you can get, make a game out of it
website -
http://mint.blockx.info/richlist/
Interesting list... only 500 entities control 82.63% of all MINT's.
April 14, 2014, 05:37:46 AM
welcome to mint my friend remember to keep buying and keep holding, tell your friends and family we need more people and more advertising.
also dont forget bout the mintcoin rich list see how hi you can get, make a game out of it
website -
http://mint.blockx.info/richlist/
also dont forget bout the mintcoin rich list see how hi you can get, make a game out of it
website -
http://mint.blockx.info/richlist/
Interesting list... only 500 entities control 82.63% of all MINT's.
April 14, 2014, 05:22:33 AM
welcome to mint my friend remember to keep buying and keep holding, tell your friends and family we need more people and more advertising.
also dont forget bout the mintcoin rich list see how hi you can get, make a game out of it
website -
http://mint.blockx.info/richlist/
also dont forget bout the mintcoin rich list see how hi you can get, make a game out of it
website -
http://mint.blockx.info/richlist/
Interesting list... only 500 entities control 82.63% of all MINT's.
yep not necessarily a bad thing to me it means these people realize the potential of mintcoin also its still young and has a lot of growth to do once more people come to mint the price will rise and more coins will be distributed better, we still have a lot of time before we hit our 70bil coin cap so theirs heaps of room + time for growth in the community. crypto still hasn't gone full mainstream so once more people change from old money to crypto hopefully our numbers will rise. it just takes time most people still find it hard to use a computer so once crypto is more user friendly and safer the numbers will rise.
April 14, 2014, 04:59:32 AM
welcome to mint my friend remember to keep buying and keep holding, tell your friends and family we need more people and more advertising.
also dont forget bout the mintcoin rich list see how hi you can get, make a game out of it
website -
http://mint.blockx.info/richlist/
also dont forget bout the mintcoin rich list see how hi you can get, make a game out of it
website -
http://mint.blockx.info/richlist/
Interesting list... only 500 entities control 82.63% of all MINT's.
April 14, 2014, 04:35:34 AM
Nice to see that MINT trading volume is gone up.
April 14, 2014, 04:11:12 AM
Exactly. Coins which mining stage lasts for only few weeks are hold by very tight group. If price suddenly spikes up, then it makes the coin extremely hard to expand in popularity.
Im glad that MINT price came down again. This helps for interested people to buy them some cheap coins.
Even tho "being cheap" is extremely foggy indicator here. We dont know what would be the actual fair price for MINT. We can only quess.
My quess is that MINT under 20 satoshi is a buy.
Im glad that MINT price came down again. This helps for interested people to buy them some cheap coins.
Even tho "being cheap" is extremely foggy indicator here. We dont know what would be the actual fair price for MINT. We can only quess.
My quess is that MINT under 20 satoshi is a buy.
+1
I agree, I just bought into MINT yesterday, mainly because of the low price, and as others pointed out to me, as long as the price is stable, then will the interest provide the profit.
welcome to mint my friend remember to keep buying and keep holding, tell your friends and family we need more people and more advertising.
also dont forget bout the mintcoin rich list see how hi you can get, make a game out of it
website -
http://mint.blockx.info/richlist/
April 14, 2014, 03:49:34 AM
Exactly. Coins which mining stage lasts for only few weeks are hold by very tight group. If price suddenly spikes up, then it makes the coin extremely hard to expand in popularity.
Im glad that MINT price came down again. This helps for interested people to buy them some cheap coins.
Even tho "being cheap" is extremely foggy indicator here. We dont know what would be the actual fair price for MINT. We can only quess.
My quess is that MINT under 20 satoshi is a buy.
Im glad that MINT price came down again. This helps for interested people to buy them some cheap coins.
Even tho "being cheap" is extremely foggy indicator here. We dont know what would be the actual fair price for MINT. We can only quess.
My quess is that MINT under 20 satoshi is a buy.
+1
I agree, I just bought into MINT yesterday, mainly because of the low price, and as others pointed out to me, as long as the price is stable, then will the interest provide the profit.
April 14, 2014, 03:17:49 AM
We are approaching 1 week since payouts in MINT were implemented on http://hashco.ws While I appreciate the new miners who have given us a shot and 'mined' some mint, the uptake isn't quite what I'd hoped for. In an effort to try and get things going, I received a total of 1,850,000 mint in bounties for implementation. If we can reach 300Mh/s in new hashrate that gets paid out in mint, and maintain it for at least 5 days, I'll give away all of it to random miners in the form of 3 prizes; 1mil, 600k, 250k. (personal hashrate will play no bearing on the prize winners, 10Mh/s or 300Kh/s, you'll have the same chance of winning).
I'll post updates here on hashrate status if warranted.
Happy Mining.
Status on this? What is the hashrate for mint now?I'll post updates here on hashrate status if warranted.
Happy Mining.
I'm sure nearmiss will update us when he sees your post. It's really up to us as a community to add hashing power, and I feel we should keep Hashcows on every page of the thread. People need to realize that using the pool will give them mint and also raise the price of mint simultaneously. Here are instructions for using Hashcows:
Hashcows allows the option to be paid out in Btc or Mint.
Sign up- Go to User Info>account settings>change payout to mint.
Add your mint receiving address- User Info>coin settings>modify coin settings- Input Mint address
Enjoy daily mint with a mint mojito. https://hashco.ws/
April 14, 2014, 03:03:58 AM
I would just like to point out that I am on the first 10 pages of Black, Zeit, and Mint threads. Im starting to feel like an alt coin genius lol. POW coins are going to all die now, if you are a big bagholder of say WDC or Litecoin you might want to GTFO soon. Don't say I didn't warn you.
Not going to argue with you. Just stating one fact: PoS coins major flaw is being highly centralized.
And another. Coin price is important for the ones who try to make quick money from it. To all others price is completely irrelevant.
Doesn't distribution determine how highly centralized a PoS coin would be?
Exactly. Coins which mining stage lasts for only few weeks are hold by very tight group. If price suddenly spikes up, then it makes the coin extremely hard to expand in popularity.
Im glad that MINT price came down again. This helps for interested people to buy them some cheap coins.
Even tho "being cheap" is extremely foggy indicator here. We dont know what would be the actual fair price for MINT. We can only quess.
My quess is that MINT under 20 satoshi is a buy.
This is why I like Mint. Technically our "mining stage" isn't over. We are now minting, albeit at a substantially slower rate than PoW stage.
Roughly 73% of total coins have yet to be produced. This will take many years, and coins will be distributed far and wide.
When people buy Mint they are essentially buying minting equipment at the same time. It's such a great concept, and the first of it's kind.
Under 20 satoshi is definitely a buy imo, because early adopters benefit from the higher 1st year interest rate.
April 14, 2014, 02:52:54 AM
We are approaching 1 week since payouts in MINT were implemented on http://hashco.ws While I appreciate the new miners who have given us a shot and 'mined' some mint, the uptake isn't quite what I'd hoped for. In an effort to try and get things going, I received a total of 1,850,000 mint in bounties for implementation. If we can reach 300Mh/s in new hashrate that gets paid out in mint, and maintain it for at least 5 days, I'll give away all of it to random miners in the form of 3 prizes; 1mil, 600k, 250k. (personal hashrate will play no bearing on the prize winners, 10Mh/s or 300Kh/s, you'll have the same chance of winning).
I'll post updates here on hashrate status if warranted.
Happy Mining.
Status on this? What is the hashrate for mint now? I'll post updates here on hashrate status if warranted.
Happy Mining.
April 14, 2014, 02:45:25 AM
I would just like to point out that I am on the first 10 pages of Black, Zeit, and Mint threads. Im starting to feel like an alt coin genius lol. POW coins are going to all die now, if you are a big bagholder of say WDC or Litecoin you might want to GTFO soon. Don't say I didn't warn you.
Not going to argue with you. Just stating one fact: PoS coins major flaw is being highly centralized.
And another. Coin price is important for the ones who try to make quick money from it. To all others price is completely irrelevant.
Doesn't distribution determine how highly centralized a PoS coin would be?
Exactly. Coins which mining stage lasts for only few weeks are hold by very tight group. If price suddenly spikes up, then it makes the coin extremely hard to expand in popularity.
Im glad that MINT price came down again. This helps for interested people to buy them some cheap coins.
Even tho "being cheap" is extremely foggy indicator here. We dont know what would be the actual fair price for MINT. We can only quess.
My quess is that MINT under 20 satoshi is a buy.
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