I removed all my holdings from all exchanges and doubt I'll be putting any back on unless there is some significant change in how that business is conducted.
I'm still bullish on MINT, and crypto in general, because digital currency is no more going away than firemaking or tool use are going away. It's a valid technical innovation and it is here to stay. MINT is a superior form of crypto because of the green nature of PoS and the minting process. It's scalable for mass adoption so I think it is a good contender for becoming a currency of actual utilitarian value some day.
One thing standing in the way of that day is all of the scammers, manipulators, pump and dumpers etc that create volatility in the market. But that is the nature of risk. Marco Polo went to the see the Great Khan, that's taking a risk in trading. Putting a few thou into crypto to see if it works out down the road is nothing in comparison.
I'm still bullish on MINT, and crypto in general, because digital currency is no more going away than firemaking or tool use are going away. It's a valid technical innovation and it is here to stay. MINT is a superior form of crypto because of the green nature of PoS and the minting process. It's scalable for mass adoption so I think it is a good contender for becoming a currency of actual utilitarian value some day.
One thing standing in the way of that day is all of the scammers, manipulators, pump and dumpers etc that create volatility in the market. But that is the nature of risk. Marco Polo went to the see the Great Khan, that's taking a risk in trading. Putting a few thou into crypto to see if it works out down the road is nothing in comparison.
it has no future if the flaw isnt addressed. it generates too many coins without cost.
At 10 sat's it would take about 2 months to overturn the current supply at about 30 btc vol a day... so I would say its gonna take 2 months to weed out the weak holders... and then that is if any new alt hasn't come and taken mint's position in the market by then... alot of new coins doing the same thing as mint, mining early to hoard and then block inflation to minimum... I don't see how its gonna be bullish long term as no true investor will buy to hold it when there are people holding billions at almost no cost, why would a smart investor be the pig when hes made a living slaughtering dumb money? I do think you can make money off of swings though... just unless there are major breakthroughs in development I don't see it going anywhere... there is still the technical challenge of proving that POS itself can work on its own that the bitcoin community hasn't proven yet...
PPC was the first that proved that POS works. What is your point ?
