Overall, imo, Blackcoin looks very highly manipulated to me, price isn't everything, and it could be that it is wolong or 1-2 persons that own like 50% of the coins and is trading with himself to artificially inflate the trading volume and prices. Why would BC have a higher market cap than mintcoin with 3x-6x smaller community? Smells of pump manipulation to me.
I think the higher BC marketcap shows more affulent speculators are vested in large holdings BC compared to MINT. The 5-week PoW stage vs 1-week for BC ensured far better distribution, as did MINT's lower price of entry. It's sort of like 50% of the entire wealth of the US is held by 1% of the population. I think the 20% stake of MINT is also viewed as inflation of an already far greater supply of currency.
All coins are already in circulation though. It's like saying, "hey we're done! Come buy our coin, it's better than bitcoin!"
It's just funny to me, lol, I mean literally funny.
From a purely currency perspective, MINT is a far more sustainable concept IMO. However I do think MINT may have shot themselves in the foot by incorporating such large stake percentages for the initial years into an already inflated money supply. A flat 5% seems more reasonable and it's a figure people can relate to. 20% seems like a banana republic style inflation rate.
You mean like the clothing store? HA!
Seriously though, I think in a more established market that rate would be high, but I feel it was needed to bring in people new to crypto. People like me. I could be wrong, just have to wait and see. I'm guessing you hold both, which seems like a smart play.
I'm happy to announce, that
http://hashco.ws has now launched a 'Get Paid in MintCoin' option to the pool. Sign Up, and head on over to 'Account Settings' where you'll see the option of changing from the standard BTC payout option to MINT.
Our pool also has the unique option of being able to keep other altcoins we mine as well, should you so choose. We welcome all the members of the mint community who wish to give us a shot. Please feel free to join us on irc. Freenode / #hashcows Its in a bit of a beta these first few days, as we work out any kinks with the mint payouts specifically, however the pool itself has been operational for more than 6 months now. MINT payouts will happen between 03:30 - 04:00 GMT daily.
For the time being, there is no additional fee for being paid out in MINT vs. BTC,
Happy Mining
Got to keep this up front