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Topic: [ANN] [MINT] Mintcoin (POS / 5%) [NO ICO] [Fair distro, community maintained] - page 539. (Read 1369778 times)

full member
Activity: 210
Merit: 100
if this will happen success is inevitable, just look at black coin, multipool is the future for non-minable coins

no it isn't
Explain why not?
Those miners who missed the initial PoW distribution gets another chance and the community can support the coin by increasing buy pressure

First of all, this coin doesn't exist so miners get a chance to pump and dump it. The reason for PoS is to get rid of mining, which is a wasteful and useless activity.

And if this "buy pressure" is being generated by autoselling mined coins and then autobuying mint, it is just going to create a low ball buy wall and help drop the price.

What we want to do is to relieve selling pressure. You do this by not not selling your coins and holding them instead of selling them for a minor profit and waiting for the price to drop so you can buy back in and do it over and over again. That only increases volatility until the coin is useless as a currency. This is why alts die. They are too volatile to be used safely as currency.

We need to make this coin rarer and harder to get if we want the price to rise.

The future of MINT or any PoS coin is in becoming a utilitarian and useful currency.
No one would mine mincoins to then dump them because that makes no sense. Those mining would hold.
And since mining them wont generate any more coins it will stay as rare as it is without mining.
sr. member
Activity: 452
Merit: 250
so when is the android wallet coming?

or any mobile wallet.

i cannot pay my buddies directly.

will be harder since no pos coin has an android wallet afaik.

any plans? or do we stick to windows?

mobile is needed for MASS adoption.

without it. i dont see a bright future.

I am surprised, do you have mints ? I had read that you sell all your mints, now you talk of "pay my buddies directly" ? LOL.
sr. member
Activity: 364
Merit: 250
if this will happen success is inevitable, just look at black coin, multipool is the future for non-minable coins

no it isn't
Explain why not?
Those miners who missed the initial PoW distribution gets another chance and the community can support the coin by increasing buy pressure

First of all, this coin doesn't exist so miners get a chance to pump and dump it. The reason for PoS is to get rid of mining, which is a wasteful and useless activity.

And if this "buy pressure" is being generated by autoselling mined coins and then autobuying mint, it is just going to create a low ball buy wall and help drop the price.

What we want to do is to relieve selling pressure. You do this by not not selling your coins and holding them instead of selling them for a minor profit and waiting for the price to drop so you can buy back in and do it over and over again. That only increases volatility until the coin is useless as a currency. This is why alts die. They are too volatile to be used safely as currency.

We need to make this coin rarer and harder to get if we want the price to rise.

The future of MINT or any PoS coin is in becoming a utilitarian and useful currency.
hero member
Activity: 546
Merit: 500
It seems there are still people who dont understand how multipool effects this coin. I will not explain in detail. I will just repeat the simple fact.

- Multipool ties this coin with all other cryptocoins. Do we want that or not?

If we want Mintcoin to ride with all other coins, then yes. Multipool is a good thing.
If we do not want Mintcoin to depend on other coins then no. Multipool is a bad thing.

My opinion? As long as there are no solid MINT/USD; MINT/EUR exchanges. Multipool is probably a good thing.
full member
Activity: 210
Merit: 100
if this will happen success is inevitable, just look at black coin, multipool is the future for non-minable coins

no it isn't
Explain why not?
Those miners who missed the initial PoW distribution gets another chance and the community can support the coin by increasing buy pressure
sr. member
Activity: 364
Merit: 250
if this will happen success is inevitable, just look at black coin, multipool is the future for non-minable coins

no it isn't
sr. member
Activity: 364
Merit: 250
Today I minted some thousands of MINTs for the first time.

What a feeling !!!  Smiley

It's a minty fresh feeling!  Grin
hero member
Activity: 2296
Merit: 506
Cryptocasino.com
Please donate some here too!

MaoRmQqdnhfCoxLoKdhm5ubkZ3s4D41j8Y
thanks!
full member
Activity: 210
Merit: 100
full member
Activity: 156
Merit: 100
Guido
full member
Activity: 210
Merit: 100
Bounty for a new mintcoin multipool

http://www.reddit.com/r/MintCoin/comments/20vtiy/bounty_for_a_new_multipool/


I have been in contact with one of the established multipools and they are willing to get a mintcoin multipool up if we show enough interest!!

Here is what they replied:
"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"

Can we raise some funds for a bounty here?
Send some coins to this address
MqafpHSxDnDMcHg3c4BFf2xpBmCDe64H2Q

I don't have that much mints myself but i donate 100000

http://mint.blockx.info/get/address/MqafpHSxDnDMcHg3c4BFf2xpBmCDe64H2Q

The thing to keep in mind is that we have paid a bounty for a multi-pool which is now offline for 2 weeks. The pool operator has shut it down to make improvements. The pool had difficulty working with the most popular mining software.

I'm not against setting up another multi-pool or even paying another bounty, but I think the community would like to see which pool it is we would be working with.

The pool is  HashCow
https://hashco.ws/

Balance: 100000 MINT
Transactions in: 1
Received: 100000 MINT
Transactions out: 0
Sent: 0 MINT

WoW I wanted to send 100k but someone did before me!!!


Well that was me but we need alot more so please contribute Smiley
full member
Activity: 224
Merit: 100
so when is the android wallet coming?

or any mobile wallet.

i cannot pay my buddies directly.

will be harder since no pos coin has an android wallet afaik.

any plans? or do we stick to windows?

mobile is needed for MASS adoption.

without it. i dont see a bright future.
full member
Activity: 156
Merit: 100
Guido
Bounty for a new mintcoin multipool

http://www.reddit.com/r/MintCoin/comments/20vtiy/bounty_for_a_new_multipool/


I have been in contact with one of the established multipools and they are willing to get a mintcoin multipool up if we show enough interest!!

Here is what they replied:
"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"

Can we raise some funds for a bounty here?
Send some coins to this address
MqafpHSxDnDMcHg3c4BFf2xpBmCDe64H2Q

I don't have that much mints myself but i donate 100000

http://mint.blockx.info/get/address/MqafpHSxDnDMcHg3c4BFf2xpBmCDe64H2Q

The thing to keep in mind is that we have paid a bounty for a multi-pool which is now offline for 2 weeks. The pool operator has shut it down to make improvements. The pool had difficulty working with the most popular mining software.

I'm not against setting up another multi-pool or even paying another bounty, but I think the community would like to see which pool it is we would be working with.

The pool is  HashCow
https://hashco.ws/

Balance: 100000 MINT
Transactions in: 1
Received: 100000 MINT
Transactions out: 0
Sent: 0 MINT

WoW I wanted to send 100k but someone did before me!!!

hero member
Activity: 518
Merit: 500
The blockchain is the future
He means buys from previous days / weeks.

+1 Cant beleive ppl dont understand this.
member
Activity: 84
Merit: 10
He means buys from previous days / weeks.
full member
Activity: 224
Merit: 100
Professional anarchist
i got 6,250,000Mintcoins never selling those babies Cheesy thanks some idiot who filled my order at 12! So now my buys are 18,16,13,12.

How are your buys over 12, considering 12 is the best ask??
hero member
Activity: 518
Merit: 500
The blockchain is the future
i got 6,250,000Mintcoins never selling those babies Cheesy thanks some idiot who filled my order at 12! So now my buys are 18,16,13,12.
member
Activity: 84
Merit: 10
Today I minted some thousands of MINTs for the first time.

What a feeling !!!  Smiley
full member
Activity: 224
Merit: 100
Professional anarchist
Thanks for this. I figured as much. Hey richlist, what position are you on mintcoinrichlist.com?

Cool site.

Sitting at 45 on there. Still a comparatively modest investment, and one I can afford to lose. Holding.
hero member
Activity: 518
Merit: 500
The blockchain is the future
holy fuck did u see that? 12 sat buy wall got demoished o_O
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