[ANN] [MINT] Mintcoin (POS / 5%) [NO ICO] [Fair distro, community maintained] - page 443.

moderndezigns

newbie

Activity: 56

Merit: 0

Quote from: mgburks77 on April 02, 2014, 02:53:43 PM

Quote from: gonzoucab on April 02, 2014, 02:51:48 PM

Quote from: moderndezigns on April 02, 2014, 02:47:58 PM

The reason blackcoin is dropping is a few of them have a majority of all the coins and they had an agreement not to sell more than a certain amount but the thing is someone is selling alot more than they should be

They are dry, cant pump price anymore

Take a loot at the trades at mintpal, mostly 2, 10 and 20 BC ROUND orders.

They have like an hour trying to dump only 1 btc at 6490. Nobody is buying anymore.

They are stuck...

desperation bagholders, eh? Cheesy

True at times they are the main buyer of their own coins. They try to pump in hopes to attract buyers but if one of the people in the group is selling from their holdings then they are buying their "friends" coins

mgburks77

sr. member

Activity: 364

Merit: 250

Quote from: gonzoucab on April 02, 2014, 02:51:48 PM

Quote from: moderndezigns on April 02, 2014, 02:47:58 PM

The reason blackcoin is dropping is a few of them have a majority of all the coins and they had an agreement not to sell more than a certain amount but the thing is someone is selling alot more than they should be

They are dry, cant pump price anymore

Take a loot at the trades at mintpal, mostly 2, 10 and 20 BC ROUND orders.

They have like an hour trying to dump only 1 btc at 6490. Nobody is buying anymore.

They are stuck...

desperation bagholders, eh? Cheesy

gonzoucab

newbie

Activity: 42

Merit: 0

Quote from: moderndezigns on April 02, 2014, 02:47:58 PM

The reason blackcoin is dropping is a few of them have a majority of all the coins and they had an agreement not to sell more than a certain amount but the thing is someone is selling alot more than they should be

They are dry, cant pump price anymore

Take a loot at the trades at mintpal, mostly 2, 10 and 20 BC ROUND orders.

They have like an hour trying to dump only 1 btc at 6490. Nobody is buying anymore.

They are stuck...

mgburks77

sr. member

Activity: 364

Merit: 250

Quote from: FortuneSeeker on April 02, 2014, 02:48:26 PM

some help please...

How long is it supposed to be to start minting and how often should i expect minting to happen? I thought it was 20 days and I've had my coins for 23 days, though i only have a bit over 90k mint.

sometimes it takes a little longer if your stake is smaller. let your wallet mint and it will happen.

moderndezigns

newbie

Activity: 56

Merit: 0

and while they are selling someone has to buy up a certain amount to stabilize price. It doesn't take a whole lot but still there isn't much honor among thieves and because this person is selling more than they should it is making the others pay more to maintain

mgburks77

sr. member

Activity: 364

Merit: 250

Quote from: moderndezigns on April 02, 2014, 02:47:58 PM

The reason blackcoin is dropping is a few of them have a majority of all the coins and they had an agreement not to sell more than a certain amount but the thing is someone is selling alot more than they should be

http://en.wikipedia.org/wiki/Prisoner%27s_dilemma

FortuneSeeker

member

Activity: 107

Merit: 10

some help please...

How long is it supposed to be to start minting and how often should i expect minting to happen? I thought it was 20 days and I've had my coins for 23 days, though i only have a bit over 90k mint.

mgburks77

sr. member

Activity: 364

Merit: 250

Quote from: maarx on April 02, 2014, 02:46:59 PM

We are here trying to help. Is all. There is a SERIOUS error in the Mint code. What do u want? We are talking about an 1.5m market cap here, which can go void in an instant.

We're not joking here or promoting "our blackcoin".

Well the best way to help is less talk and get the attack underway. So far it's been a lot of hot air. Enough of that.

moderndezigns

newbie

Activity: 56

Merit: 0

The reason blackcoin is dropping is a few of them have a majority of all the coins and they had an agreement not to sell more than a certain amount but the thing is someone is selling alot more than they should be

sargecap

newbie

Activity: 14

Merit: 0

Im still holding my last 10% of mint but I admit I have panic dumped some

any progress from the mint dev team yet?

maarx

hero member

Activity: 882

Merit: 517

cloverdex.io

We are here trying to help. Is all. There is a SERIOUS error in the Mint code. What do u want? We are talking about an 1.5m market cap here, which can go void in an instant.

We're not joking here or promoting "our blackcoin".

moderndezigns

newbie

Activity: 56

Merit: 0

remember to like our facebook page

mgburks77

sr. member

Activity: 364

Merit: 250

you guys are really shooting yourselves in the foot with this crap, look at how far blackcoins price has dropped since you started doing this

I suggest you get the attack underway before it hits zero

moderndezigns

newbie

Activity: 56

Merit: 0

ok guys here are all the blackcoin liars

maarx

hero member

Activity: 882

Merit: 517

cloverdex.io

I hope this gets fixed, is all. I have a lot of mint.

stormia

hero member

Activity: 868

Merit: 1000

Quote from: maarx on April 02, 2014, 02:39:58 PM

Quote from: gonzoucab on April 02, 2014, 02:35:08 PM

Quote from: stormia on April 02, 2014, 02:28:19 PM

I've just noticed something while going over the block chain.

First of all, the attack was really just from 203231 to 203405 before it started to be interrupted by even more PoS blocks:
http://mintcoin-explorer.info/chain/MintCoin?hi=203233&count=50
http://mintcoin-explorer.info/chain/MintCoin?hi=203433&count=50

Secondly, even within this period, there are still some PoS blocks that occur:
https://i.imgur.com/LydCerH.png

Most importantly of all. Through the ENTIRE attack period, not a single transaction was confirmed by one of the PoW blocks (aside from the PoW blocks producing their 1 MINT). The only transaction confirmations were done by the few PoS blocks which interrupted. How is this possible? There are way, way more PoW blocks, but none of them confirmed transactions over an entire hour? Is that because PoW blocks cannot confirm transaction during this "attack"? If so, then this "attack" cannot be used to double spend or do any real damage. Right?

Yes. exactly

Really.. REALLY?

You highlighted two blocks.

DO NOT POST SESC LINKS
http://mint.blockx.info/get/block/000001cf24011a61e757be862418390dc7a6c1d20d3cf3798ffb5ae15f9c9ba5

Those two blocks. They are Proof of Work blocks. And both look like they processed transactions FROM

TO .

You're not techincal at all, right?

Nice investigation.

Thanks for catching my mistake, just trying to figure this out

maarx

hero member

Activity: 882

Merit: 517

cloverdex.io

Quote from: gonzoucab on April 02, 2014, 02:35:08 PM

Quote from: stormia on April 02, 2014, 02:28:19 PM

I've just noticed something while going over the block chain.

First of all, the attack was really just from 203231 to 203405 before it started to be interrupted by even more PoS blocks:
http://mintcoin-explorer.info/chain/MintCoin?hi=203233&count=50
http://mintcoin-explorer.info/chain/MintCoin?hi=203433&count=50

Secondly, even within this period, there are still some PoS blocks that occur:
https://i.imgur.com/LydCerH.png

Most importantly of all. Through the ENTIRE attack period, not a single transaction was confirmed by one of the PoW blocks (aside from the PoW blocks producing their 1 MINT). The only transaction confirmations were done by the few PoS blocks which interrupted. How is this possible? There are way, way more PoW blocks, but none of them confirmed transactions over an entire hour? Is that because PoW blocks cannot confirm transaction during this "attack"? If so, then this "attack" cannot be used to double spend or do any real damage. Right?

Yes. exactly

Really.. REALLY?

You highlighted two blocks.

http://mint.blockx.info/get/block/000006947fae36e3330c38ecfe55097c1da496f0c8f3e4a4f08543aed1227253
http://mint.blockx.info/get/block/000001cf24011a61e757be862418390dc7a6c1d20d3cf3798ffb5ae15f9c9ba5

Those two blocks. They are Proof of Work blocks. And both look like they processed transactions FROM

TO .

You're not technical at all, right?

Nice investigation.

stormia

hero member

Activity: 868

Merit: 1000

Quote from: mr_random on April 02, 2014, 02:38:20 PM

Quote from: stormia on April 02, 2014, 02:28:19 PM

I've just noticed something while going over the block chain.

First of all, the attack was really just from 203231 to 203405 before it started to be interrupted by even more PoS blocks:
http://mintcoin-explorer.info/chain/MintCoin?hi=203233&count=50
http://mintcoin-explorer.info/chain/MintCoin?hi=203433&count=50

Secondly, even within this period, there are still some PoS blocks that occur:
https://i.imgur.com/LydCerH.png

Most importantly of all. Through the ENTIRE attack period, not a single transaction was confirmed by one of the PoW blocks (aside from the PoW blocks producing their 1 MINT). The only transaction confirmations were done by the few PoS blocks which interrupted. How is this possible? There are way, way more PoW blocks, but none of them confirmed transactions over an entire hour? Is that because PoW blocks cannot confirm transaction during this "attack"? If so, then this "attack" cannot be used to double spend or do any real damage. Right?

So it's even worse than we thought. The entire network was frozen with no confirmations, and that was only carried out by the first stage of the attack.

Game over.

Nice try, but no that is not what that means. As you can see, PoS blocks interrupted the attack to perform transactions. You should stop saying things about this mr_random, even if what you said holds any truth everybody knows you have and always will be a troll on this thread. Leave the discussion to the reputable and respectable blackcoin representatives.

WALKEN-COIN

sr. member

Activity: 269

Merit: 250

Parsec Frontiers Pre-Sale 24.01.2018

Any news on MINT being added to https://www.vaultofsatoshi.com/?

That should put some wind in the sails.

mr_random

legendary

Activity: 1344

Merit: 1001

Quote from: stormia on April 02, 2014, 02:28:19 PM

I've just noticed something while going over the block chain.

First of all, the attack was really just from 203231 to 203405 before it started to be interrupted by even more PoS blocks:
http://mintcoin-explorer.info/chain/MintCoin?hi=203233&count=50
http://mintcoin-explorer.info/chain/MintCoin?hi=203433&count=50

Secondly, even within this period, there are still some PoS blocks that occur:
https://i.imgur.com/LydCerH.png

Most importantly of all. Through the ENTIRE attack period, not a single transaction was confirmed by one of the PoW blocks (aside from the PoW blocks producing their 1 MINT). The only transaction confirmations were done by the few PoS blocks which interrupted. How is this possible? There are way, way more PoW blocks, but none of them confirmed transactions over an entire hour? Is that because PoW blocks cannot confirm transaction during this "attack"? If so, then this "attack" cannot be used to double spend or do any real damage. Right?

So it's even worse than we thought. The entire network was frozen with no confirmations, and that was only carried out by the first stage of the attack.

Game over.

Topic: [ANN] [MINT] Mintcoin (POS / 5%) [NO ICO] [Fair distro, community maintained] - page 443. (Read 1369778 times)