Author

Topic: [ANN] [MINT] Mintcoin (POS / 5%) [NO ICO] [Fair distro, community maintained] - page 580. (Read 1369778 times)

hero member
Activity: 868
Merit: 1000
Mr Random,

Your "points" been addressed over and over because you keep coming back every few days and saying the same thing. You are being disingenuous.

Obviously you have some kind of agenda and are full of shit. Do you see any of the people in the Mint thread going over to other threads and doing this shit?

No, we see you and a few other guys doing the same thing on multiple threads.

That is all

His agenda is that he sold every Mintcoin he had and bought Blackcoin with it. He openly states this in an earlier post when Blackcoin was being pumped. Blackcoin has fallen, so now they are trying to pump again obviously. They are also trying to kill Mint in the process.



Yup. The people over in the BC forum really don't like MINT, see it as a threat or something, or don't think both BC and MINT can survive together for some reason. So they regularly bash MINT over there and come over here and bash on MINT. I follow both forums and I see this everyday. Its really annoying and doesn't speak to highly, do you really need to bash other coins for yours to survive?
sr. member
Activity: 364
Merit: 250
Maybe the dev can buy up the sell walls upto 21 sat with part of his 700 million pre-mine money?
The premine is for long term investment in the coin, not daytrading or breaking down sell walls.

Are you kidding me? The dev refuses to comment on what he spent the pre-mine on and the multipool was funded by donations from the community. That should have been the pre-mine funding it. Dev is secretive and doesn't communicate or care.

Considering that he asked for a 5 million MINT donation to implement something the other day I think we can safely assume the pre-mine has been spent on.

I politely asked the dev why not give a clear list of what the pre-mine has been spent on - no answer.

Blackcoin has no pre-mine and pioneered the bcmultipool concept that mintcoin copied. I switched over and never regretted it.

Maybe you should go back and read the forums and look for what you are talking about before you say things like this. The dev said that he couldnt support the multipool because it goes against the environmentally conscious aspect of this coin (WTF is the point of PoS to save energy if you are still mining??), but he said the community is welcome to create one if we wish. He did not ask for 5m to fund a USD/MINT exchange, he said he wanted to community to raise 5m to demonstrate there was enough interest to justify such an exchange. Wow, look at the OP, look how many fiat/MINT exchanges we have that the community didn't have to pay a penny for... If you switched over to BC and don't regret it, than why do you keep coming back to post on this forum? I've said this many times before but I'll say again, although it's not going to get through to anybody who it hasn't gotten through to yet: 100% of BC PoW was distributed in ONE WEEK, 99% of MINT PoW was distributed in FIVE WEEKS- if you think BC was distributed any better overall than MINT than you are seriously kidding yourself.

1. I showed you cold hard numbers that the distribution of coins percentage wise is practically identical. Quite frankly, I couldn't give a damn about the coin distribution in terms of the general population. Pretty much every coin has stupid problems with a minor elite holding a huge amount of the coins.  My beef is that the premine of 700 million MINT was advertised as being for bounties, not for making dev rich. That is the premise on which I and others bought into Mintcoin. That is 3% of all coins in circulation and was worth one hundred and fifty thousand dollars when the coin was trending upwards before a mega dump occurred (hmmm).

2. During that crash this is what the developer had to say on the mintcoin subreddit: "Sell everything! LOL" http://www.reddit.com/r/MintCoin/comments/1zdfi4/mintcoincc_is_down_price_down_mintcoin_dev_absent/cfsqt9k?context=3

And similar comments. The topic of that btw was mincoincc down, price down, mintcoin dev absent and that was his response.

Hardly what you want the developer to say when he hasn't spoken for 3 days and was ignoring questions on the premine.

3. Of course the dev doesn't promote something which actually involves him doing work. And he did ask for 5 million MINT, afterwards when several people like myself posted WTF you took 700 million MINT in bounties he backtracked.

4. Coins which are premined by the dev never succeed. As soon as I found the non-premined version of Mintcoin (Blackcoin) with an active developer and pioneering innovations like the bcmultipool, it was what left me to sell my remaining 25% of Mintcoin. Mintcoin price tanked from 25 down to 15 since. I sold everything else prior to that based on 1 and 2.

5. Dev repeatedly says there is no connection at all between mintpal exchange and mintcoin. I've done my own investigation work on this, I'll let others do their own due diligence and reach their own conclusions.

GRADE A bullshit



I would trust mr_random over the words of half of the people around here.
So... calling this bullshit is... at most hilariuous

ps... yes , i own and still hold mint.

Look, it's been established that Mintpal and Mintcoin are not affiliated, the similarity in names is only a coincidence so the way he was making the accusation there was slimy as hell. If he was information why not come right out and say it?

What about that?
hero member
Activity: 868
Merit: 1000
Maybe the dev can buy up the sell walls upto 21 sat with part of his 700 million pre-mine money?
The premine is for long term investment in the coin, not daytrading or breaking down sell walls.

Are you kidding me? The dev refuses to comment on what he spent the pre-mine on and the multipool was funded by donations from the community. That should have been the pre-mine funding it. Dev is secretive and doesn't communicate or care.

Considering that he asked for a 5 million MINT donation to implement something the other day I think we can safely assume the pre-mine has been spent on.

I politely asked the dev why not give a clear list of what the pre-mine has been spent on - no answer.

Blackcoin has no pre-mine and pioneered the bcmultipool concept that mintcoin copied. I switched over and never regretted it.

Maybe you should go back and read the forums and look for what you are talking about before you say things like this. The dev said that he couldnt support the multipool because it goes against the environmentally conscious aspect of this coin (WTF is the point of PoS to save energy if you are still mining??), but he said the community is welcome to create one if we wish. He did not ask for 5m to fund a USD/MINT exchange, he said he wanted to community to raise 5m to demonstrate there was enough interest to justify such an exchange. Wow, look at the OP, look how many fiat/MINT exchanges we have that the community didn't have to pay a penny for... If you switched over to BC and don't regret it, than why do you keep coming back to post on this forum? I've said this many times before but I'll say again, although it's not going to get through to anybody who it hasn't gotten through to yet: 100% of BC PoW was distributed in ONE WEEK, 99% of MINT PoW was distributed in FIVE WEEKS- if you think BC was distributed any better overall than MINT than you are seriously kidding yourself.

1. I showed you cold hard numbers that the distribution of coins percentage wise is practically identical. Quite frankly, I couldn't give a damn about the coin distribution in terms of the general population. Pretty much every coin has stupid problems with a minor elite holding a huge amount of the coins.  My beef is that the premine of 700 million MINT was advertised as being for bounties, not for making dev rich. That is the premise on which I and others bought into Mintcoin. That is 3% of all coins in circulation and was worth one hundred and fifty thousand dollars when the coin was trending upwards before a mega dump occurred (hmmm).

2. During that crash this is what the developer had to say on the mintcoin subreddit: "Sell everything! LOL" http://www.reddit.com/r/MintCoin/comments/1zdfi4/mintcoincc_is_down_price_down_mintcoin_dev_absent/cfsqt9k?context=3

And similar comments. The topic of that btw was mincoincc down, price down, mintcoin dev absent and that was his response.

Hardly what you want the developer to say when he hasn't spoken for 3 days and was ignoring questions on the premine.

3. Of course the dev doesn't promote something which actually involves him doing work. And he did ask for 5 million MINT, afterwards when several people like myself posted WTF you took 700 million MINT in bounties he backtracked.

4. Coins which are premined by the dev never succeed. As soon as I found the non-premined version of Mintcoin (Blackcoin) with an active developer and pioneering innovations like the bcmultipool, it was what left me to sell my remaining 25% of Mintcoin. Mintcoin price tanked from 25 down to 15 since. I sold everything else prior to that based on 1 and 2.

5. Dev repeatedly says there is no connection at all between mintpal exchange and mintcoin. I've done my own investigation work on this, I'll let others do their own due diligence and reach their own conclusions.

GRADE A bullshit



I would trust mr_random over the words of half of the people around here.
So... calling this bullshit is... at most hilariuous

ps... yes , i own and still hold mint.

niothor you have the same agenda as mr_random- i see both of you prancing around the BC forum.
full member
Activity: 210
Merit: 100
Mr Random,

Your "points" been addressed over and over because you keep coming back every few days and saying the same thing. You are being disingenuous.

Obviously you have some kind of agenda and are full of shit. Do you see any of the people in the Mint thread going over to other threads and doing this shit?

No, we see you and a few other guys doing the same thing on multiple threads.

That is all

His agenda is that he sold every Mintcoin he had and bought Blackcoin with it. He openly states this in an earlier post when Blackcoin was being pumped. Blackcoin has fallen, so now they are trying to pump again obviously. They are also trying to kill Mint in the process.

full member
Activity: 126
Merit: 100
Maybe the dev can buy up the sell walls upto 21 sat with part of his 700 million pre-mine money?
The premine is for long term investment in the coin, not daytrading or breaking down sell walls.

Are you kidding me? The dev refuses to comment on what he spent the pre-mine on and the multipool was funded by donations from the community. That should have been the pre-mine funding it. Dev is secretive and doesn't communicate or care.

Considering that he asked for a 5 million MINT donation to implement something the other day I think we can safely assume the pre-mine has been spent on.

I politely asked the dev why not give a clear list of what the pre-mine has been spent on - no answer.

Blackcoin has no pre-mine and pioneered the bcmultipool concept that mintcoin copied. I switched over and never regretted it.

Maybe you should go back and read the forums and look for what you are talking about before you say things like this. The dev said that he couldnt support the multipool because it goes against the environmentally conscious aspect of this coin (WTF is the point of PoS to save energy if you are still mining??), but he said the community is welcome to create one if we wish. He did not ask for 5m to fund a USD/MINT exchange, he said he wanted to community to raise 5m to demonstrate there was enough interest to justify such an exchange. Wow, look at the OP, look how many fiat/MINT exchanges we have that the community didn't have to pay a penny for... If you switched over to BC and don't regret it, than why do you keep coming back to post on this forum? I've said this many times before but I'll say again, although it's not going to get through to anybody who it hasn't gotten through to yet: 100% of BC PoW was distributed in ONE WEEK, 99% of MINT PoW was distributed in FIVE WEEKS- if you think BC was distributed any better overall than MINT than you are seriously kidding yourself.

1. I showed you cold hard numbers that the distribution of coins percentage wise is practically identical. Quite frankly, I couldn't give a damn about the coin distribution in terms of the general population. Pretty much every coin has stupid problems with a minor elite holding a huge amount of the coins.  My beef is that the premine of 700 million MINT was advertised as being for bounties, not for making dev rich. That is the premise on which I and others bought into Mintcoin. That is 3% of all coins in circulation and was worth one hundred and fifty thousand dollars when the coin was trending upwards before a mega dump occurred (hmmm).

2. During that crash this is what the developer had to say on the mintcoin subreddit: "Sell everything! LOL" http://www.reddit.com/r/MintCoin/comments/1zdfi4/mintcoincc_is_down_price_down_mintcoin_dev_absent/cfsqt9k?context=3

And similar comments. The topic of that btw was mincoincc down, price down, mintcoin dev absent and that was his response.

Hardly what you want the developer to say when he hasn't spoken for 3 days and was ignoring questions on the premine.

3. Of course the dev doesn't promote something which actually involves him doing work. And he did ask for 5 million MINT, afterwards when several people like myself posted WTF you took 700 million MINT in bounties he backtracked.

4. Coins which are premined by the dev never succeed. As soon as I found the non-premined version of Mintcoin (Blackcoin) with an active developer and pioneering innovations like the bcmultipool, it was what left me to sell my remaining 25% of Mintcoin. Mintcoin price tanked from 25 down to 15 since. I sold everything else prior to that based on 1 and 2.

5. Dev repeatedly says there is no connection at all between mintpal exchange and mintcoin. I've done my own investigation work on this, I'll let others do their own due diligence and reach their own conclusions.

GRADE A bullshit

I can't tell if you're agreeing with me that the situation is bullshit or calling my post bullshit. If it's the latter, feel free to address my points - points 1,2,3 and 4 are facts.
Your points have already been addressed. If you don't have any more Mintcoins and you obviously hate them, then why are you still posting on this forum? You're not passing he sniff test bro. Go away.
hero member
Activity: 868
Merit: 1000
Maybe the dev can buy up the sell walls upto 21 sat with part of his 700 million pre-mine money?
The premine is for long term investment in the coin, not daytrading or breaking down sell walls.

Are you kidding me? The dev refuses to comment on what he spent the pre-mine on and the multipool was funded by donations from the community. That should have been the pre-mine funding it. Dev is secretive and doesn't communicate or care.

Considering that he asked for a 5 million MINT donation to implement something the other day I think we can safely assume the pre-mine has been spent on.

I politely asked the dev why not give a clear list of what the pre-mine has been spent on - no answer.

Blackcoin has no pre-mine and pioneered the bcmultipool concept that mintcoin copied. I switched over and never regretted it.

Maybe you should go back and read the forums and look for what you are talking about before you say things like this. The dev said that he couldnt support the multipool because it goes against the environmentally conscious aspect of this coin (WTF is the point of PoS to save energy if you are still mining??), but he said the community is welcome to create one if we wish. He did not ask for 5m to fund a USD/MINT exchange, he said he wanted to community to raise 5m to demonstrate there was enough interest to justify such an exchange. Wow, look at the OP, look how many fiat/MINT exchanges we have that the community didn't have to pay a penny for... If you switched over to BC and don't regret it, than why do you keep coming back to post on this forum? I've said this many times before but I'll say again, although it's not going to get through to anybody who it hasn't gotten through to yet: 100% of BC PoW was distributed in ONE WEEK, 99% of MINT PoW was distributed in FIVE WEEKS- if you think BC was distributed any better overall than MINT than you are seriously kidding yourself.

1. I showed you cold hard numbers that the distribution of coins percentage wise is practically identical. Quite frankly, I couldn't give a damn about the coin distribution in terms of the general population. Pretty much every coin has stupid problems with a minor elite holding a huge amount of the coins.  My beef is that the premine of 700 million MINT was advertised as being for bounties, not for making dev rich. That is the premise on which I and others bought into Mintcoin. That is 3% of all coins in circulation and was worth one hundred and fifty thousand dollars when the coin was trending upwards before a mega dump occurred (hmmm).

2. During that crash this is what the developer had to say on the mintcoin subreddit: "Sell everything! LOL" http://www.reddit.com/r/MintCoin/comments/1zdfi4/mintcoincc_is_down_price_down_mintcoin_dev_absent/cfsqt9k?context=3

And similar comments. The topic of that btw was mincoincc down, price down, mintcoin dev absent and that was his response.

Hardly what you want the developer to say when he hasn't spoken for 3 days and was ignoring questions on the premine.

3. Of course the dev doesn't promote something which actually involves him doing work. And he did ask for 5 million MINT, afterwards when several people like myself posted WTF you took 700 million MINT in bounties he backtracked.

4. Coins which are premined by the dev never succeed. As soon as I found the non-premined version of Mintcoin (Blackcoin) with an active developer and pioneering innovations like the bcmultipool, it was what left me to sell my remaining 25% of Mintcoin. Mintcoin price tanked from 25 down to 15 since. I sold everything else prior to that based on 1 and 2.

5. Dev repeatedly says there is no connection at all between mintpal exchange and mintcoin. I've done my own investigation work on this, I'll let others do their own due diligence and reach their own conclusions.

Haha here are you "cold hard numbers", quoted from you:  

"As of five minutes ago the top 29 mintcoin addresses hold 30% of all mintcoins. And calculating for blackcoin we see the top 28 blackcoin addresses hold 30% of all blackcoins.

That is remarkably similar. Regardless, the distribution in both of them will only grow over time. I have no concern about such matters and don't want to get dragged into a pointless discussion about it since the facts can be twisted too easily. Wink"

To which I responded with:

'"HAHA there are some cold hard facts that work against your stance that you just posted yourself. SO, a smaller number of BC addresses hold the same percentage of coin that a larger number of Mintcoin address do... and that is without a premine for BC... in other words, you just confirmed all the assumptions and hand waving I just did above because you just demonstrated that the distribution of mintcoin is better despite the premine.."

Your numbers work against your argument... You never responded to this btw.
hero member
Activity: 826
Merit: 501
in defi we trust
Maybe the dev can buy up the sell walls upto 21 sat with part of his 700 million pre-mine money?
The premine is for long term investment in the coin, not daytrading or breaking down sell walls.

Are you kidding me? The dev refuses to comment on what he spent the pre-mine on and the multipool was funded by donations from the community. That should have been the pre-mine funding it. Dev is secretive and doesn't communicate or care.

Considering that he asked for a 5 million MINT donation to implement something the other day I think we can safely assume the pre-mine has been spent on.

I politely asked the dev why not give a clear list of what the pre-mine has been spent on - no answer.

Blackcoin has no pre-mine and pioneered the bcmultipool concept that mintcoin copied. I switched over and never regretted it.

Maybe you should go back and read the forums and look for what you are talking about before you say things like this. The dev said that he couldnt support the multipool because it goes against the environmentally conscious aspect of this coin (WTF is the point of PoS to save energy if you are still mining??), but he said the community is welcome to create one if we wish. He did not ask for 5m to fund a USD/MINT exchange, he said he wanted to community to raise 5m to demonstrate there was enough interest to justify such an exchange. Wow, look at the OP, look how many fiat/MINT exchanges we have that the community didn't have to pay a penny for... If you switched over to BC and don't regret it, than why do you keep coming back to post on this forum? I've said this many times before but I'll say again, although it's not going to get through to anybody who it hasn't gotten through to yet: 100% of BC PoW was distributed in ONE WEEK, 99% of MINT PoW was distributed in FIVE WEEKS- if you think BC was distributed any better overall than MINT than you are seriously kidding yourself.

1. I showed you cold hard numbers that the distribution of coins percentage wise is practically identical. Quite frankly, I couldn't give a damn about the coin distribution in terms of the general population. Pretty much every coin has stupid problems with a minor elite holding a huge amount of the coins.  My beef is that the premine of 700 million MINT was advertised as being for bounties, not for making dev rich. That is the premise on which I and others bought into Mintcoin. That is 3% of all coins in circulation and was worth one hundred and fifty thousand dollars when the coin was trending upwards before a mega dump occurred (hmmm).

2. During that crash this is what the developer had to say on the mintcoin subreddit: "Sell everything! LOL" http://www.reddit.com/r/MintCoin/comments/1zdfi4/mintcoincc_is_down_price_down_mintcoin_dev_absent/cfsqt9k?context=3

And similar comments. The topic of that btw was mincoincc down, price down, mintcoin dev absent and that was his response.

Hardly what you want the developer to say when he hasn't spoken for 3 days and was ignoring questions on the premine.

3. Of course the dev doesn't promote something which actually involves him doing work. And he did ask for 5 million MINT, afterwards when several people like myself posted WTF you took 700 million MINT in bounties he backtracked.

4. Coins which are premined by the dev never succeed. As soon as I found the non-premined version of Mintcoin (Blackcoin) with an active developer and pioneering innovations like the bcmultipool, it was what left me to sell my remaining 25% of Mintcoin. Mintcoin price tanked from 25 down to 15 since. I sold everything else prior to that based on 1 and 2.

5. Dev repeatedly says there is no connection at all between mintpal exchange and mintcoin. I've done my own investigation work on this, I'll let others do their own due diligence and reach their own conclusions.

GRADE A bullshit



I would trust mr_random over the words of half of the people around here.
So... calling this bullshit is... at most hilariuous

ps... yes , i own and still hold mint.
sr. member
Activity: 364
Merit: 250
Mr Random,

Your "points" been addressed over and over because you keep coming back every few days and saying the same thing. You are being disingenuous.

Obviously you have some kind of agenda and are full of shit. Do you see any of the people in the Mint thread going over to other threads and doing this shit?

No, we see you and a few other guys doing the same thing on multiple threads.

That is all
full member
Activity: 210
Merit: 100
I don't understand why everyone has this assumption that a premine is bad. What, do you think developers should work for free? Think about it this way, if the developers don't premine, then they have a vested interest in letting to coin drop in value at first so they can load up on cheap coins. If they premined, they want it to go up in value right away. I'd say a reasonable premine makes the developers' goals line up with miners and investors' goals. But here I go again thinking rationally on the internet, how stupid of me...

Also, worth noting that at the time the above poster accuses the dev of dumping the premine Mintcoin had an outrageous trade volume. My memory is a bit fuzzy, but I believe it was in excess of 2500 BTC a day. 700 Mil coins was changing hands 100's of times a day.
newbie
Activity: 56
Merit: 0
Thanks Mintcoin Team that's great news! It's great to see the list of merchants that accept Mintcoin as payment ever growing. Also if you notice the types of merchants that accept Mintcoin know a quality item when they see it.
legendary
Activity: 1344
Merit: 1001
Maybe the dev can buy up the sell walls upto 21 sat with part of his 700 million pre-mine money?
The premine is for long term investment in the coin, not daytrading or breaking down sell walls.

Are you kidding me? The dev refuses to comment on what he spent the pre-mine on and the multipool was funded by donations from the community. That should have been the pre-mine funding it. Dev is secretive and doesn't communicate or care.

Considering that he asked for a 5 million MINT donation to implement something the other day I think we can safely assume the pre-mine has been spent on.

I politely asked the dev why not give a clear list of what the pre-mine has been spent on - no answer.

Blackcoin has no pre-mine and pioneered the bcmultipool concept that mintcoin copied. I switched over and never regretted it.

Maybe you should go back and read the forums and look for what you are talking about before you say things like this. The dev said that he couldnt support the multipool because it goes against the environmentally conscious aspect of this coin (WTF is the point of PoS to save energy if you are still mining??), but he said the community is welcome to create one if we wish. He did not ask for 5m to fund a USD/MINT exchange, he said he wanted to community to raise 5m to demonstrate there was enough interest to justify such an exchange. Wow, look at the OP, look how many fiat/MINT exchanges we have that the community didn't have to pay a penny for... If you switched over to BC and don't regret it, than why do you keep coming back to post on this forum? I've said this many times before but I'll say again, although it's not going to get through to anybody who it hasn't gotten through to yet: 100% of BC PoW was distributed in ONE WEEK, 99% of MINT PoW was distributed in FIVE WEEKS- if you think BC was distributed any better overall than MINT than you are seriously kidding yourself.

1. I showed you cold hard numbers that the distribution of coins percentage wise is practically identical. Quite frankly, I couldn't give a damn about the coin distribution in terms of the general population. Pretty much every coin has stupid problems with a minor elite holding a huge amount of the coins.  My beef is that the premine of 700 million MINT was advertised as being for bounties, not for making dev rich. That is the premise on which I and others bought into Mintcoin. That is 3% of all coins in circulation and was worth one hundred and fifty thousand dollars when the coin was trending upwards before a mega dump occurred (hmmm).

2. During that crash this is what the developer had to say on the mintcoin subreddit: "Sell everything! LOL" http://www.reddit.com/r/MintCoin/comments/1zdfi4/mintcoincc_is_down_price_down_mintcoin_dev_absent/cfsqt9k?context=3

And similar comments. The topic of that btw was mincoincc down, price down, mintcoin dev absent and that was his response.

Hardly what you want the developer to say when he hasn't spoken for 3 days and was ignoring questions on the premine.

3. Of course the dev doesn't promote something which actually involves him doing work. And he did ask for 5 million MINT, afterwards when several people like myself posted WTF you took 700 million MINT in bounties he backtracked.

4. Coins which are premined by the dev never succeed. As soon as I found the non-premined version of Mintcoin (Blackcoin) with an active developer and pioneering innovations like the bcmultipool, it was what left me to sell my remaining 25% of Mintcoin. Mintcoin price tanked from 25 down to 15 since. I sold everything else prior to that based on 1 and 2.

5. Dev repeatedly says there is no connection at all between mintpal exchange and mintcoin. I've done my own investigation work on this, I'll let others do their own due diligence and reach their own conclusions.

GRADE A bullshit

I can't tell if you're agreeing with me that the situation is bullshit or calling my post bullshit. If it's the latter, feel free to address my points - points 1,2,3 and 4 are facts.
full member
Activity: 210
Merit: 100
haha sorry that was mine, I dumped 1 million to invest a little bit more into SPA. It will get a pump and ill sell all my SPA then. Ill reinvest all the profits into MINT.
How high do you think SPA will go?

SPA is already done.

Yes SPA is in the crapper because it is a scam coin playing off the Auroracoin rise(which is also now almost dead) People should not buy coins when they see a sharp rise in price. That means the pump is well under way and they will be caught holding the bag when the dump comes.

David, I really don't understand a lot of your posts. You are a member of the Mintcoin team, and it seems very counterproductive to ask about other coins(you've done this several times).

Yesterday, you fumbled some math and said you were disappointed in the amount of Mint you received from the staking process.  Your posts don't exactly inspire confidence in Mintcoin. I'm sorry, but I felt like something needed to be said. Luckily, we have a community with many intelligent members, here is one:

Thanks to Hybridsole over at Reddit for his article:

http://coinjoint.info/mintcoin-maximize-interest-earned-coins/
full member
Activity: 182
Merit: 100
I don't understand why everyone has this assumption that a premine is bad. What, do you think developers should work for free? Think about it this way, if the developers don't premine, then they have a vested interest in letting to coin drop in value at first so they can load up on cheap coins. If they premined, they want it to go up in value right away. I'd say a reasonable premine makes the developers' goals line up with miners and investors' goals. But here I go again thinking rationally on the internet, how stupid of me...
newbie
Activity: 56
Merit: 0
haha the people from blackcoin are always trying to get people over there to dump on
sr. member
Activity: 325
Merit: 250
You can now buy gold and silver with your MintCoins! http://www.bitgild.com/
sr. member
Activity: 364
Merit: 250
Maybe the dev can buy up the sell walls upto 21 sat with part of his 700 million pre-mine money?
The premine is for long term investment in the coin, not daytrading or breaking down sell walls.

Are you kidding me? The dev refuses to comment on what he spent the pre-mine on and the multipool was funded by donations from the community. That should have been the pre-mine funding it. Dev is secretive and doesn't communicate or care.

Considering that he asked for a 5 million MINT donation to implement something the other day I think we can safely assume the pre-mine has been spent on.

I politely asked the dev why not give a clear list of what the pre-mine has been spent on - no answer.

Blackcoin has no pre-mine and pioneered the bcmultipool concept that mintcoin copied. I switched over and never regretted it.

Maybe you should go back and read the forums and look for what you are talking about before you say things like this. The dev said that he couldnt support the multipool because it goes against the environmentally conscious aspect of this coin (WTF is the point of PoS to save energy if you are still mining??), but he said the community is welcome to create one if we wish. He did not ask for 5m to fund a USD/MINT exchange, he said he wanted to community to raise 5m to demonstrate there was enough interest to justify such an exchange. Wow, look at the OP, look how many fiat/MINT exchanges we have that the community didn't have to pay a penny for... If you switched over to BC and don't regret it, than why do you keep coming back to post on this forum? I've said this many times before but I'll say again, although it's not going to get through to anybody who it hasn't gotten through to yet: 100% of BC PoW was distributed in ONE WEEK, 99% of MINT PoW was distributed in FIVE WEEKS- if you think BC was distributed any better overall than MINT than you are seriously kidding yourself.

1. I showed you cold hard numbers that the distribution of coins percentage wise is practically identical. Quite frankly, I couldn't give a damn about the coin distribution in terms of the general population. Pretty much every coin has stupid problems with a minor elite holding a huge amount of the coins.  My beef is that the premine of 700 million MINT was advertised as being for bounties, not for making dev rich. That is the premise on which I and others bought into Mintcoin. That is 3% of all coins in circulation and was worth one hundred and fifty thousand dollars when the coin was trending upwards before a mega dump occurred (hmmm).

2. During that crash this is what the developer had to say on the mintcoin subreddit: "Sell everything! LOL" http://www.reddit.com/r/MintCoin/comments/1zdfi4/mintcoincc_is_down_price_down_mintcoin_dev_absent/cfsqt9k?context=3

And similar comments. The topic of that btw was mincoincc down, price down, mintcoin dev absent and that was his response.

Hardly what you want the developer to say when he hasn't spoken for 3 days and was ignoring questions on the premine.

3. Of course the dev doesn't promote something which actually involves him doing work. And he did ask for 5 million MINT, afterwards when several people like myself posted WTF you took 700 million MINT in bounties he backtracked.

4. Coins which are premined by the dev never succeed. As soon as I found the non-premined version of Mintcoin (Blackcoin) with an active developer and pioneering innovations like the bcmultipool, it was what left me to sell my remaining 25% of Mintcoin. Mintcoin price tanked from 25 down to 15 since. I sold everything else prior to that based on 1 and 2.

5. Dev repeatedly says there is no connection at all between mintpal exchange and mintcoin. I've done my own investigation work on this, I'll let others do their own due diligence and reach their own conclusions.

GRADE A bullshit

hero member
Activity: 658
Merit: 503
Monero Core Team
I find it easier to communicate with various team members by mail, that's why you won't see much activity from me except to announce that something goes live.
What kind of support do you need?
I'll tell you all once I have emptied the todolist. Answering now would just disperse energy. I add you to the list of would-be helpers.
legendary
Activity: 1344
Merit: 1001
Maybe the dev can buy up the sell walls upto 21 sat with part of his 700 million pre-mine money?
The premine is for long term investment in the coin, not daytrading or breaking down sell walls.

Are you kidding me? The dev refuses to comment on what he spent the pre-mine on and the multipool was funded by donations from the community. That should have been the pre-mine funding it. Dev is secretive and doesn't communicate or care.

Considering that he asked for a 5 million MINT donation to implement something the other day I think we can safely assume the pre-mine has been spent on.

I politely asked the dev why not give a clear list of what the pre-mine has been spent on - no answer.

Blackcoin has no pre-mine and pioneered the bcmultipool concept that mintcoin copied. I switched over and never regretted it.

Maybe you should go back and read the forums and look for what you are talking about before you say things like this. The dev said that he couldnt support the multipool because it goes against the environmentally conscious aspect of this coin (WTF is the point of PoS to save energy if you are still mining??), but he said the community is welcome to create one if we wish. He did not ask for 5m to fund a USD/MINT exchange, he said he wanted to community to raise 5m to demonstrate there was enough interest to justify such an exchange. Wow, look at the OP, look how many fiat/MINT exchanges we have that the community didn't have to pay a penny for... If you switched over to BC and don't regret it, than why do you keep coming back to post on this forum? I've said this many times before but I'll say again, although it's not going to get through to anybody who it hasn't gotten through to yet: 100% of BC PoW was distributed in ONE WEEK, 99% of MINT PoW was distributed in FIVE WEEKS- if you think BC was distributed any better overall than MINT than you are seriously kidding yourself.

1. I showed you cold hard numbers that the distribution of coins percentage wise is practically identical. Quite frankly, I couldn't give a damn about the coin distribution in terms of the general population. Pretty much every coin has stupid problems with a minor elite holding a huge amount of the coins.  My beef is that the premine of 700 million MINT was advertised as being for bounties, not for making dev rich. That is the premise on which I and others bought into Mintcoin. That is 3% of all coins in circulation and was worth one hundred and fifty thousand dollars when the coin was trending upwards before a mega dump occurred (hmmm).

2. During that crash this is what the developer had to say on the mintcoin subreddit: "Sell everything! LOL" http://www.reddit.com/r/MintCoin/comments/1zdfi4/mintcoincc_is_down_price_down_mintcoin_dev_absent/cfsqt9k?context=3

And similar comments. The topic of that btw was mincoincc down, price down, mintcoin dev absent and that was his response.

Hardly what you want the developer to say when he hasn't spoken for 3 days and was ignoring questions on the premine.

3. Of course the dev doesn't promote something which actually involves him doing work. And he did ask for 5 million MINT, afterwards when several people like myself posted WTF you took 700 million MINT in bounties he backtracked.

4. Coins which are premined by the dev never succeed. As soon as I found the non-premined version of Mintcoin (Blackcoin) with an active developer and pioneering innovations like the bcmultipool, it was what left me to sell my remaining 25% of Mintcoin. Mintcoin price tanked from 25 down to 15 since. I sold everything else prior to that based on 1 and 2.

5. Dev repeatedly says there is no connection at all between mintpal exchange and mintcoin. I've done my own investigation work on this, I'll let others do their own due diligence and reach their own conclusions.
full member
Activity: 165
Merit: 100
haha sorry that was mine, I dumped 1 million to invest a little bit more into SPA. It will get a pump and ill sell all my SPA then. Ill reinvest all the profits into MINT.
How high do you think SPA will go?

SPA is already done.
sr. member
Activity: 364
Merit: 250
Maybe the dev can buy up the sell walls upto 21 sat with part of his 700 million pre-mine money?
The premine is for long term investment in the coin, not daytrading or breaking down sell walls.

Are you kidding me? The dev refuses to comment on what he spent the pre-mine on and the multipool was funded by donations from the community. That should have been the pre-mine funding it. Dev is secretive and doesn't communicate or care.

Considering that he asked for a 5 million MINT donation to implement something the other day I think we can safely assume the pre-mine has been spent on.

I politely asked the dev why not give a clear list of what the pre-mine has been spent on - no answer.

Blackcoin has no pre-mine and pioneered the bcmultipool concept that mintcoin copied. I switched over and never regretted it.

Maybe you should go back and read the forums and look for what you are talking about before you say things like this. The dev said that he couldnt support the multipool because it goes against the environmentally conscious aspect of this coin (WTF is the point of PoS to save energy if you are still mining??), but he said the community is welcome to create one if we wish. He did not ask for 5m to fund a USD/MINT exchange, he said he wanted to community to raise 5m to demonstrate there was enough interest to justify such an exchange. Wow, look at the OP, look how many fiat/MINT exchanges we have that the community didn't have to pay a penny for... If you switched over to BC and don't regret it, than why do you keep coming back to post on this forum? I've said this many times before but I'll say again, although it's not going to get through to anybody who it hasn't gotten through to yet: 100% of BC PoW was distributed in ONE WEEK, 99% of MINT PoW was distributed in FIVE WEEKS- if you think BC was distributed any better overall than MINT than you are seriously kidding yourself.

13 sat now, if it gets below 10 it would be very hard to get back in the double digits, even harder to get to the triple.

Some concern is justified, the $200 of minth you bought at 20 sat is now worth $130.

I really hope the devs have a few cards up their sleeves, but don't let it go below 10 without a fight.

sounds like you have some mint to sell

lol
Jump to: