Topic: [ANN] [MINT] Mintcoin (POS / 5%) [NO ICO] [Fair distro, community maintained] - page 610. (Read 1369810 times)
March 14, 2014, 06:16:51 PM
[/quote]1. You leave it open and unlocked for a very short period. No way to receive PoS like that. Btw. you do not need to back it up every time. One time is enough. In reality you back up only your addresses and your passwords. Your coins are not really in your wallet, they are in the blockchain.
2. Still early enough. It can take a couple of days more to start minting.
3. Go to version 1.5. It gives you (among others) the potential to lock/unlock your wallet via one button without doing "walletpassphrase myPW 999999999 true" anymore.
[/quote]
Thanks,1hour enough ?
March 14, 2014, 06:13:48 PM
Black coin rises, but down to mint coin. Mint is also active in the community to be more. Why do black coin climb?
Because Mints are not black
- 0% premine Mint 4.5% effective premine
- PURE POS ( usulay 5s-15s transactions speed) Mint still is POS/POW hybrid.
- rising community
- 1% inflation but every 8h i can get stack(part of that 1%) i don't even care to mint i don't afraid to touch balance
- 1% inflation means that you need 20x less btc to keep price than 20% inflation
- many people just discovered BC
- compare direct to Mint to BC price should be about 5000 sat
I have 400k Mint community is great. I like it.
But for me BC is bit different coin with bit different economy.
In BC all is happening faster faster transaction, faster stakes, it wasn't so popular so it grows now faster too.
BTW HBN +100% year inflation is over power...This year will be 150% because they mine a lot.
Bunch of malarkey
Blackcoin has a small number of coins, and is therefore much easier to move markets. That's why it's climbing\falling blah blah. With current buy sell walls you could move it down to 1800 placing a buy of 1 Bitcoin! Hell it's moved 200 sat down during the time I typed this.
Mint is a good coin, with a more active community-just hold it and relax. People want to panic at every move.
On market all sometimes go up sometimes go down.
Mint coin is just different than BC.
BC after +70% up in one day need to get their price ti stabilize. so +-20% is pretty normal.
Mint have 20% inflation while BC 1% what to mean for me as owner of Mint and BC.
That in theory BC will be 20x easier to pump than Mint.BC in reality it need to be big like 100m coins - Vertcoin-Darkcoin price lvl to get some stabilization.
Mint is more like Doge Xbilion coin so their price in long run can get to hmm 800-1000 sat maybe more.
The reality is that hundreds of millions of mint are not being allowed to mint because it is being moved around on or stored on exchanges etc so the actual inflation rate is nowhere near 20%...
The other side of that theory is that a currency has to have enough inflation to be liquid, especially if it is to have the potential for global adoption. So I don't really see that as a problem. How fast do PoW coins inflate due to mining? I would say it is roughly equivalent to a PoS coin.
But mint coins purpose is to mint it... and get that 20% so probably it will be 15%-18%. we will see at end of year.
2nd question
i have analyzed that case lets give numbers:in best case max inflation ^^
1% BC - Now this is about 0,04 New/BTC day to buy all new
20% Mint - Now this is only 2.3 BTC day to buy all new
~10% Doge 540 BTC Day
10% BTC 3600 BTC Day - 2.3m $ all new
20% LTC 28800 LTC Day - 0,9M $ all new
"How fast do PoW coins inflate due to mining? I would say it is roughly equivalent to a PoS coin. " -look up ^^
As you see some coins need to be popular to not drop price BC,Mint don't need much attention to keep price.
Pow coins due to other type of distribution can lose value very fast just because when miners aren't well paid price fall.
POS system is bit different than POW dystrybution 1st POS NXT wasn't good example just because 75% of coins never reached market.
In reality with BC with 0 premine we will see how can 100% POS system can behave on market.
This coin is 1st with 0 premine it will be better example than Premined / IPO other ones.
We will see how market will be different that Mint,Zeit,Ultra,Battlecoin,CGB... with some amount premined before.
How marketing factor from IPO/Premine money have influence on price ^^ in long short therm.
Anyway as you see to from my analyze BC or Mint with some BTC or $ injected inside can grow in same time POW needs High amounts of money
to keep price.
March 14, 2014, 06:12:35 PM
Thank you
March 14, 2014, 06:08:37 PM
Hello,
Why is the difficulty so low ?
Why is the difficulty so low ?
because block reward is 1. It is not profitable to mine mintcoin --> PoW is over and PoS kicked in.
Could someone explain me exactly what PoW and PoS means, thanks
PoW --> http://en.wikipedia.org/wiki/Proof-of-work_system
In simple words ... Mining. You are working (i.e. mining) and you get paid for it
PoS --> http://en.wikipedia.org/wiki/Proof-of-stake
In simple words ... Minting. You have your money deposited in a bank account (i.e. the coins in your wallet) and you get interest for them
March 14, 2014, 06:01:38 PM
admin ? why i am unable to recieve POS reward?!! (nothing at all )
Alright, now I have to say it..WTF! I've tried to help you figure this out, as have others, and you never reply to us. So WTF?!!!
Are you leaving your wallet open long enough?
Have you held you coins for 20 days without moving them?
Are you upgraded to the latest wallet?
1.No,open and unloock with "walletpassphrase myPW 999999999 true" , sync and next backup it and close ( maximum 10 15 min each day)
2.exactly 21 days
3.version MintCoin14
2. Still early enough. It can take a couple of days more to start minting.
3. Go to version 1.5. It gives you (among others) the potential to lock/unlock your wallet via one button without doing "walletpassphrase myPW 999999999 true" anymore.
March 14, 2014, 05:58:30 PM
Hello,
Why is the difficulty so low ?
Why is the difficulty so low ?
because block reward is 1. It is not profitable to mine mintcoin --> PoW is over and PoS kicked in.
Could someone explain me exactly what PoW and PoS means, thanks
March 14, 2014, 05:56:02 PM
admin ? why i am unable to recieve POS reward?!! (nothing at all )
Alright, now I have to say it..WTF! I've tried to help you figure this out, as have others, and you never reply to us. So WTF?!!!
Are you leaving your wallet open long enough?
Have you held you coins for 20 days without moving them?
Are you upgraded to the latest wallet?
1.No,open and unloock with "walletpassphrase myPW 999999999 true" , sync and next backup it and close ( maximum 10 15 min each day)
2.exactly 21 days
3.version MintCoin14
March 14, 2014, 05:52:42 PM
Hello,
Why is the difficulty so low ?
Why is the difficulty so low ?
because block reward is 1. It is not profitable to mine mintcoin --> PoW is over and PoS kicked in.
March 14, 2014, 05:37:55 PM
admin ? why i am unable to recieve POS reward?!! (nothing at all )
Alright, now I have to say it..WTF! I've tried to help you figure this out, as have others, and you never reply to us. So WTF?!!!
Are you leaving your wallet open long enough?
Have you held you coins for 20 days without moving them?
Are you upgraded to the latest wallet?
March 14, 2014, 05:37:20 PM
Hello,
Why is the difficulty so low ?
Why is the difficulty so low ?
Taking into account that it has switched to PoS I find it interesting is still that high
)) March 14, 2014, 05:33:58 PM
admin ? why i am unable to recieve POS rewards after 23 days?!! (nothing at all )
March 14, 2014, 05:32:23 PM
Hello,
Why is the difficulty so low ?
Why is the difficulty so low ?
because block reward is 1. It is not profitable to mine mintcoin --> PoW is over and PoS kicked in.
March 14, 2014, 05:31:27 PM
Bacause we are in POS now. Mining finished. So, in reality, difficulty means nothing.
March 14, 2014, 05:28:22 PM
Hello,
Why is the difficulty so low ?
Why is the difficulty so low ?
March 14, 2014, 05:21:21 PM
Blackcoin leaves a bad feeling in my gut. I tend to go with my gut with these things and I don't think that I will ever put a single satoshi into blackcoin. I'm in Mint and I'm here holding from here on out.
Something about their motto "Once you go black..." Sexual innuendos seem rather unprofessional to me..
March 14, 2014, 05:19:17 PM
Blackcoin leaves a bad feeling in my gut. I tend to go with my gut with these things and I don't think that I will ever put a single satoshi into blackcoin. I'm in Mint and I'm here holding from here on out.
Something about their motto "Once you go black..." Sexual innuendos seem rather unprofessional to me..
March 14, 2014, 05:13:40 PM
Blackcoin leaves a bad feeling in my gut. I tend to go with my gut with these things and I don't think that I will ever put a single satoshi into blackcoin. I'm in Mint and I'm here holding from here on out.
I have to admit i looked at BC as well, but I decided to stay the course. It can be a tough decision when things aren't looking so rosy. lol
March 14, 2014, 05:12:32 PM
24 hour trade volume of Mintcoin has doubled on Mintpal.
March 14, 2014, 05:10:18 PM
Black coin rises, but down to mint coin. Mint is also active in the community to be more. Why do black coin climb?
Because Mints are not black
- 0% premine Mint 4.5% effective premine
- PURE POS ( usulay 5s-15s transactions speed) Mint still is POS/POW hybrid.
- rising community
- 1% inflation but every 8h i can get stack(part of that 1%) i don't even care to mint i don't afraid to touch balance
- 1% inflation means that you need 20x less btc to keep price than 20% inflation
- many people just discovered BC
- compare direct to Mint to BC price should be about 5000 sat
I have 400k Mint community is great. I like it.
But for me BC is bit different coin with bit different economy.
In BC all is happening faster faster transaction, faster stakes, it wasn't so popular so it grows now faster too.
BTW HBN +100% year inflation is over power...This year will be 150% because they mine a lot.
Bunch of malarkey
Blackcoin has a small number of coins, and is therefore much easier to move markets. That's why it's climbing\falling blah blah. With current buy sell walls you could move it down to 1800 placing a buy of 1 Bitcoin! Hell it's moved 200 sat down during the time I typed this.
Mint is a good coin, with a more active community-just hold it and relax. People want to panic at every move.
On market all sometimes go up sometimes go down.
Mint coin is just different than BC.
BC after +70% up in one day need to get their price ti stabilize. so +-20% is pretty normal.
Mint have 20% inflation while BC 1% what to mean for me as owner of Mint and BC.
That in theory BC will be 20x easier to pump than Mint.BC in reality it need to be big like 100m coins - Vertcoin-Darkcoin price lvl to get some stabilization.
Mint is more like Doge Xbilion coin so their price in long run can get to hmm 800-1000 sat maybe more.
The reality is that hundreds of millions of mint are not being allowed to mint because it is being moved around on or stored on exchanges etc so the actual inflation rate is nowhere near 20%...
The other side of that theory is that a currency has to have enough inflation to be liquid, especially if it is to have the potential for global adoption. So I don't really see that as a problem. How fast do PoW coins inflate due to mining? I would say it is roughly equivalent to a PoS coin.
March 14, 2014, 05:09:15 PM
Ill be selling my 28k blackcoins for 2150 satoshis, after that Ill put the original 0,95 btc back in to mint and ill use the profits for daytrading with other coins.
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