[ANN] [MINT] Mintcoin (POS / 5%) [NO ICO] [Fair distro, community maintained] - page 745.

Qzer

newbie

Activity: 23

Merit: 0

Quote from: cycoinminer on February 28, 2014, 05:02:22 AM

Why's Mint going down?

It's because everyone saw what happened last week, with the price skyrocketing - and consequently they're expecting the same thing to happen again now that the rewards for mining have reduced....... no whale has stepped in to bring the price up, so consequently the weaker traders are starting to panic..... "ooh, it's not going up like I thought - bail now" kinda thing.

It's a great ploy by the big money men - make people believe the price will go up when the mining reward drops, and when THEY don't inject a load of BTC into it, they watch the weak bail out.... once it goes low enough they'll buy everything up once more, and the sellers will be kicking themselves - again!

Same story, diffrent coin:D

broneoppa

newbie

Activity: 16

Merit: 0

Quote from: cycoinminer on February 28, 2014, 05:02:22 AM

Why's Mint going down?

It's because everyone saw what happened last week, with the price skyrocketing - and consequently they're expecting the same thing to happen again now that the rewards for mining have reduced....... no whale has stepped in to bring the price up, so consequently the weaker traders are starting to panic..... "ooh, it's not going up like I thought - bail now" kinda thing.

It's a great ploy by the big money men - make people believe the price will go up when the mining reward drops, and when THEY don't inject a load of BTC into it, they watch the weak bail out.... once it goes low enough they'll buy everything up once more, and the sellers will be kicking themselves - again!

My invested BTC really hopes you are right

salchichon

newbie

Activity: 13

Merit: 0

PANIC

cycoinminer

sr. member

Activity: 420

Merit: 250

Why's Mint going down?

It's because everyone saw what happened last week, with the price skyrocketing - and consequently they're expecting the same thing to happen again now that the rewards for mining have reduced....... no whale has stepped in to bring the price up, so consequently the weaker traders are starting to panic..... "ooh, it's not going up like I thought - bail now" kinda thing.

It's a great ploy by the big money men - make people believe the price will go up when the mining reward drops, and when THEY don't inject a load of BTC into it, they watch the weak bail out.... once it goes low enough they'll buy everything up once more, and the sellers will be kicking themselves - again!

marek3ball

full member

Activity: 180

Merit: 100

Quote from: marek3ball on February 27, 2014, 07:13:36 AM

Quote from: brokedummy on February 27, 2014, 07:03:43 AM

Quote from: marek3ball on February 27, 2014, 06:39:00 AM

Where are the Minted coins from?

same place the mined coins came from. thin air. block rewards

I thought that we will mine all 70 billions coins POW.
So there is reserve for next minting years 20%, 15%, 10%, 5% and after 3 years will be released all coins? Then 5% Minting will be from transactions fee?

1) how much coins will be mined (not minted)?
2) in case not all 70bill. mined the rest will be minted?
4) I will receive from minting exactly 20, 15, 10% in three years?
5) then get 5% still from unreleased coins?

Ioqua

full member

Activity: 132

Merit: 100

Ergh, and down she goes

dille71

full member

Activity: 210

Merit: 100

Quote from: vectisitch on February 28, 2014, 03:06:34 AM

how can i tell if my wallet is minting?? i think others are minting but mine is doing nothing

If it is not locked it is minting

vectisitch

legendary

Activity: 1927

Merit: 1004

how can i tell if my wallet is minting?? i think others are minting but mine is doing nothing

MaxMinersNet

sr. member

Activity: 392

Merit: 250

We are proud to announce our new Mintcoin Pool:

0% Fee
Only 0.1 mnt withdrawal fees
Automatic Payouts every minute !
DDoS protected
Best EU/US connectivity
Stratum on Port 7890 with Variable Difficulty
Bonuses will be started as soon as first Block has been found !

Check it out now and get your Scrypt Miners in:
https://mint.maxminers.net

1000 MNT Bonus per Block Finder !!!

deadmanwalking

full member

Activity: 210

Merit: 100

Quote from: souljah1h on February 28, 2014, 01:12:20 AM

Withdrawl @ mintpal is taking so long.. Want them in my pocket!

Mine have always been very quick. You confirmed email?

Ghepetto

sr. member

Activity: 286

Merit: 255

300+ pages, impressive Cool

souljah1h

legendary

Activity: 1092

Merit: 1000

Hyperspace snail

Withdrawl @ mintpal is taking so long.. Want them in my pocket!

deadmanwalking

full member

Activity: 210

Merit: 100

Whales are buying cheap for the weekend pump. Get your popcorn.

kingimg

full member

Activity: 231

Merit: 100

every coin listed at cryptsy.com will dump and dump untill 0 value!
fuck cryptsy.com!

TimC

legendary

Activity: 1764

Merit: 1022

Quote from: PCJargon on February 28, 2014, 12:03:51 AM

It's odd to me that people are acting like Mint is failing just because the value didn't go up the same day the block rewards halved.

Last week the price didn't go up until the next day, and it only went from 6-7 range up to 13. Next day 30. And by Sunday it was 40-50 range. Have some freakin patience people!

It's just the multipools selling the coins they have been mining since Mint keeps popping up as the most profitable coin so the mutlitpool mine and sell it. That is why the hash rate jumps and then falls then jumps and then falls. I've been watching a mulitpool bounce from Mint to BC to some other and back to Mint and of course I've turned off auto sell of mint since I want to keep all I can get.

PCJargon

full member

Activity: 126

Merit: 100

Smashing rocks with my GPU