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Topic: [ANN] [MINT] Mintcoin (POS / 5%) [NO ICO] [Fair distro, community maintained] - page 704. (Read 1369788 times)

newbie
Activity: 56
Merit: 0
When a coin rises in price (most cases because traders pump it), the thread is filled with comments how the coin is great and how it will go to 100x price from that price on, how we should buy and hold (I suspect all these messages are related to traders pump). Then when the price fall, the thread is filled with messages like where are the devs, what they do with their premines, why they don't do anything to pump and hold the prices, how bad the job they've been doing etc.

Come on, grow up. Look at the stock market, you see the same behaviors. Devs did a good job to bring the coin to where it is now. They gave bounties to people who contributed to the build up of the coin/community, and there are many giveaways (not in this forum since it is not allowed - but you easily find where the giveaways). I am sure devs will take some premined coins, since they did a lot of work to create coin and help the community. Why they need to disclose the info to you? The premine was stated when the coin is launched. If you don't like it, don't mine it.

Everyone mine the coin trying to get some profit. I don't care about how much the devs took. I care how much I get as compared to mining other coins. So far it's been great for me to mine mintcoin. The profit is certainly a lot better than if I mine some other coins.

Also, all the coin projects are public open source, even devs no longer support it, it is fine. Look at those trading at cryptsy, how many coins don't have active dev supports? Many, but they all work fine.

Stop crying and whining, you are free to switch to any coins. For me, I may switch to another coin soon, anyway in 2 weeks (?) the mint mining will no longer make any sense.

Agreed
newbie
Activity: 13
Merit: 0
Looking at the buy/sell orders at crypsty it look as if there could be a pump soon. big buy orders at 17 and 18 holding the price and huge sell orders at 30, 50, 67, 71. What do you guys think?
hero member
Activity: 658
Merit: 503
Monero Core Team
It's down and has been down for awhile:

http://isitup.org/www.mintcoin.cc

You sound like some sort of propaganda agent.
Alty is on vacation since two days ago (I was warned, there was no reason to mention it so I did not). I have the mail of the webmaster, I will contact him.
full member
Activity: 210
Merit: 100
Wow, this is some FUD campaign. Successful too. Actually kind of brilliant, mixed in with the new accounts posting, I see some older ones pretending to hold and raising all sorts of questions. Then you have sharks for other coins seizing the opportunity to pretend they have a care about Mintcoin, who then "subtlety" mix in a mention of the coin that they hold. I just have a question for all those selling. Who do you think you're selling to?

I'll answer: the same people spreading the FUD. They'll buy it cheap then sell it back to you when they pump it back up. UGH.

Long story short either you believe in the coin for the long term, or you can join the daytraders. I don't really care, I'll hold and if I lose so be it, I can stick to a decision.
full member
Activity: 195
Merit: 100
When a coin rises in price (most cases because traders pump it), the thread is filled with comments how the coin is great and how it will go to 100x price from that price on, how we should buy and hold (I suspect all these messages are related to traders pump). Then when the price fall, the thread is filled with messages like where are the devs, what they do with their premines, why they don't do anything to pump and hold the prices, how bad the job they've been doing etc.

Come on, grow up. Look at the stock market, you see the same behaviors. Devs did a good job to bring the coin to where it is now. They gave bounties to people who contributed to the build up of the coin/community, and there are many giveaways (not in this forum since it is not allowed - but you easily find where the giveaways). I am sure devs will take some premined coins, since they did a lot of work to create coin and help the community. Why they need to disclose the info to you? The premine was stated when the coin is launched. If you don't like it, don't mine it.

Everyone mine the coin trying to get some profit. I don't care about how much the devs took. I care how much I get as compared to mining other coins. So far it's been great for me to mine mintcoin. The profit is certainly a lot better than if I mine some other coins.

Also, all the coin projects are public open source, even devs no longer support it, it is fine. Look at those trading at cryptsy, how many coins don't have active dev supports? Many, but they all work fine.

Stop crying and whining, you are free to switch to any coins. For me, I may switch to another coin soon, anyway in 2 weeks (?) the mint mining will no longer make any sense.
full member
Activity: 167
Merit: 100
newbie
Activity: 28
Merit: 0


Also why are people qq'ing that the websites down?

Works fine for me.

For all we know the dev could just be super busy/be hungover from the weekend.




It's down and has been down for awhile:

http://isitup.org/www.mintcoin.cc

You sound like some sort of propaganda agent.
sr. member
Activity: 1204
Merit: 295
sr. member
Activity: 420
Merit: 250
Looks like another user just confirmed your confirmation bias premise, pun intended  Cool

Why do you say it will go to 1 satoshi though? I mean, even PENG is at 3 satoshi. MINT is a bit better than that...
full member
Activity: 224
Merit: 100
game of deception.

and thats the last of me.

legendary
Activity: 812
Merit: 1000
I must say this forum thread is much better after about 5 ignore clicks.

Let's keep on a positive topic here



full member
Activity: 172
Merit: 100


Another for my Ignore button. As previously stated, I'm not here for your opinion on price or trading, I'm here to help build a community.
[/quote]

Look up 'Confirmation Bias' - You are a great example of someone who only wants positive reinforcement, and refuses to look with an open mind at new information presented to you. Go ahead and just ignore anyone who says something that doesn't just back up your preconceived notions, that is a road that will never lead to success.

My post was more about market psychology, parallels to equity markets, and how to be a contrarian in order to profit. If you don't care to hear about price or trading, then when MINTCOIN settles at 1 satoshi will you still be here parroting mindlessly about how anything that questions your beliefs is worth 'ignoring'?

I would bet my boat you will be long gone as well, and your 'community' will be as well, because ultimately everyone here desperately wants to make a profit. And to ignore that fact is asinine and childish.

Truly intelligent people seek out dissenting opinions and ideas that go against their deeply held beliefs, in order to see the issue from multiple perspectives on the way to seeking out the real 'truth'.

How are you building a community? By posting attacks on those who say anything that dissent from your kool-aid drinking on Mint-Coin?

Are you 14?

Is the post below the type that you prefer?

"MINT COINS IS SOOO COOOL MAN TO THE MOOON!!! WOLONG AND ME ARE GOING TO PUSH THIS UP TO 100 SATOSHI Tomorrow! It's the new DOGECOIN I can't believe it we are all going to be rich!" -If this is the type of mindless drivel you prefer for your utopian 'community' then I truly pity you.

Earthcoin was but an example of a coin that has better risk/reward attributes than this coin does at this time in its life cycle. UnObtanium is another example of a better investment at this time than MintCoin. I would put $500 cash on the fact that in 2 weeks UnObtanium & Earthcoin both outperform MINTCOIN.


sr. member
Activity: 453
Merit: 250
so.............
whats going on here?
[/quote

I'm ignoring people who are only here to offer opinions on price and trading, instead of development ideas.

I'm in a snarly mood because I'm tired of blocking malcontents, children and unsuccessful traders from this forum.

It's getting to be work!
full member
Activity: 224
Merit: 100
so.............
whats going on here?

blind sheep....
full member
Activity: 238
Merit: 100
so.............
whats going on here?

Just trolls Tongue.
newbie
Activity: 28
Merit: 0
Just switch to Blackcoin fellas. No pre-mine, PoS stage has been entered and a strong community behind it.

Another for my Ignore button. As previously stated, I'm not here for your opinion on price or trading, I'm here to help build a community.

Just ignore them and stop posting the same thing over and over.
sr. member
Activity: 453
Merit: 250
Just switch to Blackcoin fellas. No pre-mine, PoS stage has been entered and a strong community behind it.

Another for my Ignore button. As previously stated, I'm not here for your opinion on price or trading, I'm here to help build a community.
full member
Activity: 196
Merit: 100
Muniti creator
Just switch to Blackcoin fellas. No pre-mine, PoS stage has been entered and a strong community behind it.
sr. member
Activity: 453
Merit: 250
It is truly amazing to me that people who trade and invest in ALT coins have little to no investment experience. These markets are currently very similar to the 'Pump & Dump' markets that penny stocks, pink sheets, and Over-The-Counter equities have been traded (And Manipulated) for many years now.

I got out of MINT way too early taking a profit of 3-5x my investment. Turns out I could have held on for 10-20x my investment, but I have learned that you can't beat yourself up over this, and that in the investing/ speculating world there is a saying that almost always holds true.

"Pigs get Fat, Hogs get Slaughtered"

Also if you want to beat the average 14 year old trading Alt coins you need to think differently than them. You have to buy a coin BEFORE it is getting "Pumped' irrationally by those who have more bitcoins than you, and are trying to get the peasants to dive into a coin after it has gone up 5-10x from where they bought.

This is exactly what the WOLONG clown does. Buys a ton while a coin's cheap, then after he has enough to make lots of money he releases the news that 'he is going to pump' some coin. The average idiot jumps in at whatever price and then starts posting on message boards about how this coin is 'going to the moon' 'new dogecoin' and all kinds of nonsense. When in reality all that happened is that the 'big money' is manipulating the price because you can typically move these Alt coins around without very much 'real money'. So a 'bitcoin millionaire' can do with the price as he wishes, and then he sells to the 14 year olds who run in and buy mint at 30, 40, 50 and even 60 satoshi.

Just a word of advice, if you want to get ahead in this trading/speculating alt coin scene, learn to THINK FOR YOURSELF! Do not just follow the price action caused by those who want to unload their shares on you at inflated prices. Find a coin you like, that has a strong community as well as design, and has built out the infrastructure to support the long-term success of the crypto-currency. Then buy on dips and moments of panic, learn to be patient and let your price come to you.

To get ahead in this game you need to be a contrarian, buying when there is 'blood on the streets', when there is nothing but negativity on the message boards and the community in general.

For instance, take a look at Earthcoin, which by all intensive purposes is superior to MINTCOIN regarding community, adoption, length of existence, etc. The Devs are active and have a wonderful website, and even an online store which accepts only EARTHCOIN and you can currently buy Silver Bullion and other items using Earthcoin. What can you do with MINTCOIN? Mint 20% a year? How is that valuable when it falls by 20% a day or more? I mean if you truly believe in the gimmick of POW to POS then buy and hold for the long-term.

Right now Earthcoin is at 40 Satoshi, and MintCoin is at 20 satoshi, and if you break it down tit-for-tat there is no logical reason for the price to be so close to eachother. Earthcoin has a solid, interactive, and dedicated professional team who has created awesome Marketing assets, and even an online superstore already accepting EarthCoin for precious metals (Earthazaar.com).

I will be back to buying MINT when it gets back near the 10 Satoshi Level and lower, anything above that at this point in the creation just provides the miners and big holders a better price to dump at. After all they know as well they will be able to buy back below 10 satoshi at some point.  

Unfortunately for MINTCOIN the dev does not appear to be all that savvy, creative, or even honest. I mean he couldn't even get a wallet that worked for the first 2 weeks. You going to put your faith in the long-term success of a DEV who may have dumped almost all his pre-mine in the irrational rush to 60 satoshi? Someone who couldn't even figure out a wallet before launching his own coin because he was in such a hurry to cash out?

Just my 2 cents. I still think MINTCOIN has a chance Long-term but it will need truly active and dedicated community members besides the Dev to get this ball rolling. If you have faith in the mystery dev who likely has no interest in this coin any longer since he cashed out probably 1000 bitcoins and is in the bahamas already from his successful pump-n-dump scheme.

Check out Earthcoin, at this 40 satoshi level it is a ridiculous opportunity for long-term success and profits. Even when it goes back to 100 satoshi that is a 250% gain from current prices. One of the reasons it is so low is because it just went through the 5X payout day and there was a ton of coins created that the free market and miners distributed. This is temporarily driving down the price, but as the supply thins out and this distribution is sent to more and more individuals, the long-term strength of EARTHCOIN is only increased.


Another for my Ignore button. As previously stated, I'm not here for your opinion on price or trading, I'm here to help build a community.
newbie
Activity: 28
Merit: 0
It is truly amazing to me that people who trade and invest in ALT coins have little to no investment experience. These markets are currently very similar to the 'Pump & Dump' markets that penny stocks, pink sheets, and Over-The-Counter equities have been traded (And Manipulated) for many years now.

I got out of MINT way too early taking a profit of 3-5x my investment. Turns out I could have held on for 10-20x my investment, but I have learned that you can't beat yourself up over this, and that in the investing/ speculating world there is a saying that almost always holds true.

"Pigs get Fat, Hogs get Slaughtered"

Also if you want to beat the average 14 year old trading Alt coins you need to think differently than them. You have to buy a coin BEFORE it is getting "Pumped' irrationally by those who have more bitcoins than you, and are trying to get the peasants to dive into a coin after it has gone up 5-10x from where they bought.

This is exactly what the WOLONG clown does. Buys a ton while a coin's cheap, then after he has enough to make lots of money he releases the news that 'he is going to pump' some coin. The average idiot jumps in at whatever price and then starts posting on message boards about how this coin is 'going to the moon' 'new dogecoin' and all kinds of nonsense. When in reality all that happened is that the 'big money' is manipulating the price because you can typically move these Alt coins around without very much 'real money'. So a 'bitcoin millionaire' can do with the price as he wishes, and then he sells to the 14 year olds who run in and buy mint at 30, 40, 50 and even 60 satoshi.

Just a word of advice, if you want to get ahead in this trading/speculating alt coin scene, learn to THINK FOR YOURSELF! Do not just follow the price action caused by those who want to unload their shares on you at inflated prices. Find a coin you like, that has a strong community as well as design, and has built out the infrastructure to support the long-term success of the crypto-currency. Then buy on dips and moments of panic, learn to be patient and let your price come to you.

To get ahead in this game you need to be a contrarian, buying when there is 'blood on the streets', when there is nothing but negativity on the message boards and the community in general.

For instance, take a look at Earthcoin, which by all intensive purposes is superior to MINTCOIN regarding community, adoption, length of existence, etc. The Devs are active and have a wonderful website, and even an online store which accepts only EARTHCOIN and you can currently buy Silver Bullion and other items using Earthcoin. What can you do with MINTCOIN? Mint 20% a year? How is that valuable when it falls by 20% a day or more? I mean if you truly believe in the gimmick of POW to POS then buy and hold for the long-term.

Right now Earthcoin is at 40 Satoshi, and MintCoin is at 20 satoshi, and if you break it down tit-for-tat there is no logical reason for the price to be so close to eachother. Earthcoin has a solid, interactive, and dedicated professional team who has created awesome Marketing assets, and even an online superstore already accepting EarthCoin for precious metals (Earthazaar.com).

I will be back to buying MINT when it gets back near the 10 Satoshi Level and lower, anything above that at this point in the creation just provides the miners and big holders a better price to dump at. After all they know as well they will be able to buy back below 10 satoshi at some point.  

Unfortunately for MINTCOIN the dev does not appear to be all that savvy, creative, or even honest. I mean he couldn't even get a wallet that worked for the first 2 weeks. You going to put your faith in the long-term success of a DEV who may have dumped almost all his pre-mine in the irrational rush to 60 satoshi? Someone who couldn't even figure out a wallet before launching his own coin because he was in such a hurry to cash out?

Just my 2 cents. I still think MINTCOIN has a chance Long-term but it will need truly active and dedicated community members besides the Dev to get this ball rolling. If you have faith in the mystery dev who likely has no interest in this coin any longer since he cashed out probably 1000 bitcoins and is in the bahamas already from his successful pump-n-dump scheme.

Check out Earthcoin, at this 40 satoshi level it is a ridiculous opportunity for long-term success and profits. Even when it goes back to 100 satoshi that is a 250% gain from current prices. One of the reasons it is so low is because it just went through the 5X payout day and there was a ton of coins created that the free market and miners distributed. This is temporarily driving down the price, but as the supply thins out and this distribution is sent to more and more individuals, the long-term strength of EARTHCOIN is only increased.


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