How to make sure your coin will fail:
Step 1 : Set initial reward to around 500, 000 coins
Step 2: Cut that reward to 1 coin
ENJOY !
Topic: [ANN] [MINT] Mintcoin (POS / 5%) [NO ICO] [Fair distro, community maintained] - page 529. (Read 1369778 times)
March 21, 2014, 10:36:55 PM
March 21, 2014, 10:04:39 PM
don't worry all it takes is a small buy to increase volume
March 21, 2014, 10:02:02 PM
I'm starting to worry about the low volume...
March 21, 2014, 09:46:36 PM
https://prelude.io/ is now offering direct trading to and from USD, yay!
This is good news.. I'll start letting friends and family know they can now buy Mintcoins directly with USD
March 21, 2014, 08:59:59 PM
Can someone explain the interest rates?
So a Mintcoin generates 20% the first year. Then if it's traded to a different client, it will only generate 20% depending on how much time is left in its first year? After 4 years, all Mintcoins from the first 5 weeks will generate only 5%? But there are people still mining at 1 Mintcoin / block continuously?
The PoS minting generates blocks that are mined by wallets and small amount of PoW that is still occurring (i assume), keeping the network up.So a Mintcoin generates 20% the first year. Then if it's traded to a different client, it will only generate 20% depending on how much time is left in its first year? After 4 years, all Mintcoins from the first 5 weeks will generate only 5%? But there are people still mining at 1 Mintcoin / block continuously?
Yes, but I'm trying to figure out coin life. Does a Mintcoin life reset back to 20% when traded to other people. If not, then does the client keep track of which coins are at a higher interest rate so it knows which ones to trade.
The percent increase from PoS you receive is not about how long you've been minting, it's about how many years Mintcoin has been around.
Sorry. I'm not following the terminology.
When you say "Mint", you mean Mintcoin in general?
Basically if I hold Mintcoins in my wallet for 1 year I make 20% and doesn't matter the coin age? And if I get more Mintcoins later will the system keep track which Mintcoins are newser so I send out lower interest rate coins?
Can you explain 20 day PoS minting. I thought I read it in the FAQ, but not sure where you get 1.3-1.5%.
Now lets say the bank offering you that 20% rate is only offering that rate to its' clients for one year, but you'd need to sign up immediately to get all 20%. If you open your account and there's only 6 months left in that year, you only get 10% increase across those 6 months because you only benefited from half of that year at that rate.
EDIT: The amount you actually receive every 20 days is a little over 1% interest during the first year after Mintcoin was officially released. The second year that Mintcoin has been alive, you'll receive increments of interest based on however 20 days divides into 365 to make up 15% increase across the year.
March 21, 2014, 08:50:59 PM
Can someone explain the interest rates?
So a Mintcoin generates 20% the first year. Then if it's traded to a different client, it will only generate 20% depending on how much time is left in its first year? After 4 years, all Mintcoins from the first 5 weeks will generate only 5%? But there are people still mining at 1 Mintcoin / block continuously?
The PoS minting generates blocks that are mined by wallets and small amount of PoW that is still occurring (i assume), keeping the network up.So a Mintcoin generates 20% the first year. Then if it's traded to a different client, it will only generate 20% depending on how much time is left in its first year? After 4 years, all Mintcoins from the first 5 weeks will generate only 5%? But there are people still mining at 1 Mintcoin / block continuously?
Yes, but I'm trying to figure out coin life. Does a Mintcoin life reset back to 20% when traded to other people. If not, then does the client keep track of which coins are at a higher interest rate so it knows which ones to trade.
The percent increase from PoS you receive is not about how long you've been minting, it's about how many years Mintcoin has been around.
Sorry. I'm not following the terminology.
When you say "Mint", you mean Mintcoin in general?
Basically if I hold Mintcoins in my wallet for 1 year I make 20% and doesn't matter the coin age? And if I get more Mintcoins later will the system keep track which Mintcoins are newser so I send out lower interest rate coins?
Can you explain 20 day PoS minting. I thought I read it in the FAQ, but not sure where you get 1.3-1.5%.
March 21, 2014, 08:40:36 PM
https://prelude.io/ is now offering direct trading to and from USD, yay!
March 21, 2014, 08:31:46 PM
http://fafner.org is up for OPEN BETA.
Feel free to register and start trading. If you find any bugs, don't hesitate to contact me.
Happy trading!
Feel free to register and start trading. If you find any bugs, don't hesitate to contact me.
Happy trading!
March 21, 2014, 08:22:55 PM
Can someone explain the interest rates?
So a Mintcoin generates 20% the first year. Then if it's traded to a different client, it will only generate 20% depending on how much time is left in its first year? After 4 years, all Mintcoins from the first 5 weeks will generate only 5%? But there are people still mining at 1 Mintcoin / block continuously?
The PoS minting generates blocks that are mined by wallets and small amount of PoW that is still occurring (i assume), keeping the network up.So a Mintcoin generates 20% the first year. Then if it's traded to a different client, it will only generate 20% depending on how much time is left in its first year? After 4 years, all Mintcoins from the first 5 weeks will generate only 5%? But there are people still mining at 1 Mintcoin / block continuously?
Yes, but I'm trying to figure out coin life. Does a Mintcoin life reset back to 20% when traded to other people. If not, then does the client keep track of which coins are at a higher interest rate so it knows which ones to trade.
The percent increase from PoS you receive is not about how long you've been minting, it's about how many years Mintcoin has been around.
March 21, 2014, 07:59:31 PM
10 BTC 24 hour volume on Mintpal ... how much lower can it go? 
March 21, 2014, 07:58:46 PM
Can someone explain the interest rates?
So a Mintcoin generates 20% the first year. Then if it's traded to a different client, it will only generate 20% depending on how much time is left in its first year? After 4 years, all Mintcoins from the first 5 weeks will generate only 5%? But there are people still mining at 1 Mintcoin / block continuously?
The PoS minting generates blocks that are mined by wallets and small amount of PoW that is still occurring (i assume), keeping the network up.So a Mintcoin generates 20% the first year. Then if it's traded to a different client, it will only generate 20% depending on how much time is left in its first year? After 4 years, all Mintcoins from the first 5 weeks will generate only 5%? But there are people still mining at 1 Mintcoin / block continuously?
Yes, but I'm trying to figure out coin life. Does a Mintcoin life reset back to 20% when traded to other people. If not, then does the client keep track of which coins are at a higher interest rate so it knows which ones to trade.
March 21, 2014, 07:41:02 PM
Can someone explain the interest rates?
So a Mintcoin generates 20% the first year. Then if it's traded to a different client, it will only generate 20% depending on how much time is left in its first year? After 4 years, all Mintcoins from the first 5 weeks will generate only 5%? But there are people still mining at 1 Mintcoin / block continuously?
The PoS minting generates blocks that are mined by wallets and small amount of PoW that is still occurring (i assume), keeping the network up. So a Mintcoin generates 20% the first year. Then if it's traded to a different client, it will only generate 20% depending on how much time is left in its first year? After 4 years, all Mintcoins from the first 5 weeks will generate only 5%? But there are people still mining at 1 Mintcoin / block continuously?
March 21, 2014, 07:29:58 PM
There is plenty of support, just read the last few pages. The community just doesn't want to pay the bill because we have already paid for one. We don't think it's unreasonable for a development team holding 700 million coins to pay for a high functioning multipool.
And allso, people dont want to pay to a random guy like me and i understand that. I dont really know how to do this to make it feel safe...
All i can say is i really want this multipool, my intentions are good and i dont try to scam anyone.
But on the other hand, i cant give any guarantees that hashcows really set this up. But if that would be the case i want to pay back all donations.
What exactly does hashcow want? How much bounty? Are they already working on it?
This is what he said and i replied i will try and raise a bounty.
"Its an interesting idea. I saw some doing it with blackcoin recently. I'd be willing to give it a shot, if you believe you can gather interest in your community and perhaps a bounty could be had. I've got a lot on my plate atm, but am willing to dedicate some time if it makes sense"
How much is needed ?
March 21, 2014, 07:29:01 PM
Can someone explain the interest rates?
So a Mintcoin generates 20% the first year. Then if it's traded to a different client, it will only generate 20% depending on how much time is left in its first year? After 4 years, all Mintcoins from the first 5 weeks will generate only 5%? But there are people still mining at 1 Mintcoin / block continuously?
So a Mintcoin generates 20% the first year. Then if it's traded to a different client, it will only generate 20% depending on how much time is left in its first year? After 4 years, all Mintcoins from the first 5 weeks will generate only 5%? But there are people still mining at 1 Mintcoin / block continuously?
March 21, 2014, 06:53:56 PM
Ugh. Those 2 PAID transactions above the "generated but not accepted" are a portion of the 11000.
Leave your wallet open to eventually receive the rest.
Also if you moved any coins before the 11000 was re staked (depending on how many you have and how much you moved) you won't be paid.
Leave your wallet open to eventually receive the rest.
Also if you moved any coins before the 11000 was re staked (depending on how many you have and how much you moved) you won't be paid.
thanks man.got it
March 21, 2014, 06:47:08 PM
hashcows? try wafflepool.
Done that, they didnt like the idea...Wafflepool is holding 45.5m MINTs that it can't get rid off. No wonder they don't like MINT
March 21, 2014, 06:46:35 PM
Ugh. Those 2 PAID transactions above the "generated but not accepted" are a portion of the 11000.
Leave your wallet open to eventually receive the rest.
Also if you moved any coins before the 11000 was re staked (depending on how many you have and how much you moved) you won't be paid.
Leave your wallet open to eventually receive the rest.
Also if you moved any coins before the 11000 was re staked (depending on how many you have and how much you moved) you won't be paid.
March 21, 2014, 06:40:15 PM
I have 2 unconfirmed minting.not recieve after 2 days,what i do ?
Actually you have only a portion unconfirmed. The first one that was unaccepted was re-staked and paid. The second has been re-staked and a portion paid, and will re-stake again for the other portion.
not paid,it is another minting.
i see this "Genereted but not accepted"
March 21, 2014, 06:37:21 PM
hashcows? try wafflepool.
Done that, they didnt like the idea...Wafflepool is holding 45.5m MINTs that it can't get rid off. No wonder they don't like MINT
Really? Between the 11 and 10 BUY wall there is over 145,000,000 million Mint waiting to be bought. Explain how it is they can't get rid of it.
March 21, 2014, 06:32:57 PM
How can they not get rid of? give me a little bit and I'll buy
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