Author

Topic: [ANN] [MINT] Mintcoin (POS / 5%) [NO ICO] [Fair distro, community maintained] - page 717. (Read 1369788 times)

sr. member
Activity: 406
Merit: 250
Hello! Send me a message.
Can someone explain to me what will happen when the pure PoS is going to happen? I understand the idea I'm wondering about the state of the coin.
With no mining the only way to start minting is by trading which imo would drastacly reduce the coin growth. On top of that everyone would save their coins, none spending which means it will be less likely to see people adding mint to their services. Or am I wrong?

Only 28% of total coins will be produced in this initial stage. 50 Billion have yet to be produced through minting. I disagree with you that everyone will save their coins. We don't live in a world of "savers," in fact quite the opposite is true. New coins will enter the market constantly. These are just my opinions, we will have to wait and see what happens. Right now it's cheap to speculate, so I would suggest doing so..up to you though.

So if no one could not wait for the 20 days minting, no additional coins will be created?
full member
Activity: 210
Merit: 100
Can someone explain to me what will happen when the pure PoS is going to happen? I understand the idea I'm wondering about the state of the coin.
With no mining the only way to start minting is by trading which imo would drastacly reduce the coin growth. On top of that everyone would save their coins, none spending which means it will be less likely to see people adding mint to their services. Or am I wrong?

Only 28% of total coins will be produced in this initial stage. 50 Billion have yet to be produced through minting. I disagree with you that everyone will save their coins. We don't live in a world of "savers," in fact quite the opposite is true. New coins will enter the market constantly. These are just my opinions, we will have to wait and see what happens. Right now it's cheap to speculate, so I would suggest doing so..up to you though.
hero member
Activity: 518
Merit: 500
The blockchain is the future
Can someone explain to me what will happen when the pure PoS is going to happen? I understand the idea I'm wondering about the state of the coin.
With no mining the only way to start minting is by trading which imo would drastacly reduce the coin growth. On top of that everyone would save their coins, none spending which means it will be less likely to see people adding mint to their services. Or am I wrong?

Look at bitcoin and that will answer your question.

Bitcoin is a totally different story. It was the first coin that didnt need to compete with 1000's of shitcoins and is not a PoS coin so I dont see the answer there... A better comparison would be NXT...

Yea in a way that is true but what I meant by comparing mintcoin to bitcoin is that everyone is hoarding bitcoins right now and Bitcoins are not even close to the transaction speed of Mintcoin. bitcoin doesnt pay interest either and does not have 'much' room to grow while Mintcoin pays interest and on top of that mintcoin is comparable to the current system of money (interest if you dont spend etc) which is why Mintcoin would be a more prefered choice either as an investment or just for the sake of easy transactions. Yes most people would save their Mintcoins but this will be good because it will increase its value as the higher value people will place on it to obtain it. Mintcoin needs a lot of media and advertising attention as how I see it, most of the giveaways do not introduce new people but give the same mintcoin user more coins.
member
Activity: 70
Merit: 10
So any suggestions for the best profitable currency to mine with my 1.5 MHS rig? I really want to get more into mint but it's too hard to mine so I'm looking for something to mine to sell for mint.

Join a multi-pool. https://coinex.pw, or something like that.

Good idea, or you could just buy some if you have any btc.  I try and mine coins that I can hold for a nice profit.  If you don't have btc but have an exchange you like, then find another coin listed on the same exchange that is relatively stable and just mine that.  It will be easier to exchange for Mint with less transaction fees.

I was also kinda serious in my earlier posts about mining crappy coins.  Most of the coins that I declined because I thought they were stupid, have turned out to be relatively profitable in the short term.  Prime examples-Doge and Cat.  Need I say more.

One other thing.  Don't listen to any advice from people in alt coin forums.  They are all nuts.  Except me of course.  I'm only insane.
newbie
Activity: 4
Merit: 0
Can someone explain to me what will happen when the pure PoS is going to happen? I understand the idea I'm wondering about the state of the coin.
With no mining the only way to start minting is by trading which imo would drastacly reduce the coin growth. On top of that everyone would save their coins, none spending which means it will be less likely to see people adding mint to their services. Or am I wrong?

Look at bitcoin and that will answer your question.

Bitcoin is a totally different story. It was the first coin that didnt need to compete with 1000's of shitcoins and is not a PoS coin so I dont see the answer there... A better comparison would be NXT...
hero member
Activity: 518
Merit: 500
The blockchain is the future
Can someone explain to me what will happen when the pure PoS is going to happen? I understand the idea I'm wondering about the state of the coin.
With no mining the only way to start minting is by trading which imo would drastacly reduce the coin growth. On top of that everyone would save their coins, none spending which means it will be less likely to see people adding mint to their services. Or am I wrong?

Look at bitcoin and that will answer your question.
newbie
Activity: 4
Merit: 0
Can someone explain to me what will happen when the pure PoS is going to happen? I understand the idea I'm wondering about the state of the coin.
With no mining the only way to start minting is by trading which imo would drastacly reduce the coin growth. On top of that everyone would save their coins, none spending which means it will be less likely to see people adding mint to their services. Or am I wrong?
full member
Activity: 210
Merit: 100
So any suggestions for the best profitable currency to mine with my 1.5 MHS rig? I really want to get more into mint but it's too hard to mine so I'm looking for something to mine to sell for mint.

Join a multi-pool. https://coinex.pw, or something like that.
hero member
Activity: 518
Merit: 500
Quote from: MintcoinFX date=1393720217
Amazing news !

I've managed to get Thunderclap.it to accept promotion of our Free Mintcoin Giveaway via twitter @FreeMintCoin - Started March 2014 (Ongoing) - See: http://www.mintcointalk.com/index.php/topic,59.0.html

@FreeMintCoin Thunderclap - See: https://www.thunderclap.it/projects/9388-free-mintcoin-giveaway

We only need 100 Supporters by 28th March 2014. If we get those 100 supporters (people who link the Thunderclap.it App to their social media account) then our message instantly gets retweeted to ALL their followers. It's called social reach and it can be MASSIVE in sending MintCoin 'viral' almost instantly.

Simply log into your social media account (twitter, facebook and/or tumblr) then go to the link above and click on the relevant 'Support With' Button.

The tweet sent on the 29th of March 2014 (if we get 100 supporters) links to the forum giveaway promo and to the mintcoin.cc website.

Thank you !
(source: mintcointalk)


That is great ! Lets do that, 100 supporters is nothing.
I already supported it, gogogo lets get that done for 1 day Smiley
newbie
Activity: 24
Merit: 0
So any suggestions for the best profitable currency to mine with my 1.5 MHS rig? I really want to get more into mint but it's too hard to mine so I'm looking for something to mine to sell for mint.
newbie
Activity: 31
Merit: 0
Hey my man, every time a portion of coins is staked you will receive 20% of that staked amount. Now, keep in mind that you will recieve 20% annually. So a stake of 50,000 for a 20 day period should be about 555 Mintcoin if my math is right.

Exactly. People think they're receiving the amount of coins listed next to "Stake", but those are only the amount of coins that are currently mining for the PoS reward. With 20% reward over the first year, somewhere between one and two percent of the listed "Staking coins" will be rewarded per month. Everything is working as intended.
hero member
Activity: 518
Merit: 500
The blockchain is the future
Massive mintcoin pump going to happen: there are really weak lower sell walls and Mintcoin may become 30-35 hold on tight.

Why would you think a pump is going to happen?

Top Sell Orders

PRICE (BTC)   MINT   BTC
0.00000026   1594979.94631354   0.41469479
0.00000027   2180963.71712500   0.58886020
0.00000028   4785164.29809078   1.33984598
0.00000029   13587911.56073791   3.94049432
0.00000030   17342843.23293680   5.20285287
0.00000031   11117772.82040279   3.44650956
0.00000032   16051384.96320736   5.13644318
0.00000033   8555293.77877146   2.82324693
0.00000034   8956203.36167448   3.04510907
0.00000035   26516863.93692998   9.28090229
0.00000036   8703965.82959918   3.13342768
0.00000037   2778322.92297448   1.02797948
0.00000038   5401121.90379476   2.05242631
0.00000039   12503047.43553470   4.87618846
0.00000040   20631048.28214509   8.25241914
0.00000041   25343409.35240493   10.39079776
0.00000042   12052401.77456685   5.06200869
0.00000043   13208244.29187933   5.67954500
0.00000044   10669553.81388025   4.69460361
0.00000045   25010202.05911270   11.25459065
0.00000046   10921684.90969395   5.02397499
0.00000047   9911659.12003079   4.65847974
0.00000048   18109021.67687345   8.69233029
0.00000049   11387418.36980002   5.57983492
0.00000050   22342019.48845469   11.17100960
0.00000051   1763605.59809659   0.89943883
0.00000052   3685537.02110237   1.91647922
0.00000053   4309983.99097389   2.28429149
0.00000054   9988135.97520700   5.39359340
0.00000055   57215892.19926921   31.46874067
 
Top Buy Orders

PRICE (BTC)   MINT   BTC
0.00000025   3747296.83433520   0.93682422
0.00000024   11399170.67548680   2.73580095
0.00000023   15472689.23410577   3.55871852
0.00000022   44051974.08188242   9.69143425
0.00000021   47836140.32760431   10.04558943
0.00000020   58743658.05947735   11.74873150
0.00000019   3842195.36768530   0.73001711
0.00000018   6502045.36326990   1.17036

Because from the data it seems to me that the 26 and 27 satoshi levels are going to go.
0.00000026   1594979.94631354   0.41469479
0.00000027   2180963.71712500   0.58886020
And become
PRICE (BTC)   MINT   BTC
0.00000027   2180963.71712500   0.58886020
0.00000026   1594979.94631354   0.41469479
0.00000025   3747296.83433520   0.93682422
0.00000024   11399170.67548680   2.73580095
0.00000023   15472689.23410577   3.55871852
0.00000022   44051974.08188242   9.69143425
0.00000021   47836140.32760431   10.04558943
0.00000020   58743658.05947735   11.74873150
0.00000019   3842195.36768530   0.73001711
0.00000018   6502045.36326990   1.17036

Plus mintcoin has only been going down so far so its a safe guess to say it will come up during this time.
sr. member
Activity: 453
Merit: 250
Any idea why Mintcoin.com is down?
hero member
Activity: 826
Merit: 1000
Massive mintcoin pump going to happen: there are really weak lower sell walls and Mintcoin may become 30-35 hold on tight.

Why would you think a pump is going to happen?
member
Activity: 95
Merit: 10
How do you know if your mint wallet is open for PoS or not?

Help guide for the minting !

Open you wallet, if it's not synchronized go to the first page of this thread. If it is, then go to  Help -> Debug window -> console

write this in :

walletpassphrase true

where

= your pass 
= 9999999


FAQ

1.How can I be sure that I am minting right now my MintCoins ?

Answer :

I don't have anymore "minting suspended due to locked wallet" in the bottom left corner of my wallet. But on the right bottom corner of my wallet I have green opened padlock, which says: "Wallet is encrypted and currently unlocked"

2.Must I type: "walletpassphrase true" every time when I restart my wallet? If I keep it close permanently will I minting my coins?

Answer :

If you keep your wallet close it's ok - you are minting , but you must open it every month or so and put the code in the console again.

If my post helped you, you can tip me : MINT : MXR6TvfdmRTEbyj5hRTPggaYHwBDBsygGX       BTC : 1FXRvLsfh8rWQiWDxfARHGBXinnq2XV6Ur     
hero member
Activity: 518
Merit: 500
The blockchain is the future
Massive mintcoin pump going to happen: there are really weak lower sell walls and Mintcoin may become 30-35 hold on tight.
newbie
Activity: 24
Merit: 0
so guys since mining mint isn't the best idea, I'm still buying mint but whats a profitable coin to mine, I tried to do zeitcoin since it's launch yesterday but that was kinda a fail. Any suggestions? I'm looking to mine something and sell for mint.

What kind of hash power do you have?

I have like 1500 Khs
legendary
Activity: 2044
Merit: 1005
Hi. David Latapie
What we want mostly is android wallet.It is the most important.Hope soon.
Thanks.

They were only willing to pay me 2 million mints for android wallet and then upped to 5 million lol that was a good laugh.
member
Activity: 70
Merit: 10
so guys since mining mint isn't the best idea, I'm still buying mint but whats a profitable coin to mine, I tried to do zeitcoin since it's launch yesterday but that was kinda a fail. Any suggestions? I'm looking to mine something and sell for mint.

What kind of hash power do you have?

I guess it doesn't really matter.  Just pick the stupidest most non-marketable coin with the biggest premine that you can find and mine it like crazy.  If I had done this I'd be a millionaire by now.
member
Activity: 70
Merit: 10
so guys since mining mint isn't the best idea, I'm still buying mint but whats a profitable coin to mine, I tried to do zeitcoin since it's launch yesterday but that was kinda a fail. Any suggestions? I'm looking to mine something and sell for mint.

What kind of hash power do you have?
Jump to: