[ANN] [MINT] Mintcoin (POS / 5%) [NO ICO] [Fair distro, community maintained] - page 834.

deadmanwalking

full member

Activity: 210

Merit: 100

Quote from: Vinculin on February 24, 2014, 01:47:47 AM

Quote from: CryptoMF on February 24, 2014, 01:43:41 AM

Quote from: Vinculin on February 24, 2014, 01:38:24 AM

Well tat big dump... Roll Eyes

What is going on? Why are people selling? They will be so sorry in a few weeks. Time for some cheap coins! Gobble gobble.

A big whale cashed out. Price dropped from 56 to 36.

Several whales in this game. Some early buyers, some later..I've been watching it, and expect crazy swings.

Vinculin

full member

Activity: 210

Merit: 100

Quote from: CryptoMF on February 24, 2014, 01:43:41 AM

Quote from: Vinculin on February 24, 2014, 01:38:24 AM

Well tat big dump... Roll Eyes

What is going on? Why are people selling? They will be so sorry in a few weeks. Time for some cheap coins! Gobble gobble.

A big whale cashed out. Price dropped from 56 to 36.

CryptoMF

member

Activity: 70

Merit: 10

Quote from: bodenliu on February 24, 2014, 01:45:56 AM

wow someone make two small dumps. but the price just went back

dont panic guys, hold your coins, you know its not gonna drop back to your purchase price!

Just a few more people need to dump big so I can go all in when it gets below 30 sats.

brooklynite

sr. member

Activity: 266

Merit: 250

Quote from: deadmanwalking on February 24, 2014, 01:38:46 AM

Quote from: brooklynite on February 24, 2014, 01:34:03 AM

At current difficulty this coin is only profitable if price stays above 50 SAT.

What is so special about this coin? Can someone help me understand? So this coin is pretty much guaranteed to lose 20% (min) the first year and continue to do so in the future at 5%/yr (or more, 5% is min).

Why does everyone think its good to have a coin give you dividends? When the coin pays the 1% the value DROPs 1%. Its just like when Microsoft trades at $26.00 and pays $0.75 dividend and next morning it trades at $25.75.

Ya, except if you're holding you don't need to mine Wink

Ok. So what if you are holding 1 million next year you have 1.2 million. EVERYONE ELSE has 20% more coins TOO, its not just YOU so that means the coins is worth exactly 20% less. Its basically the same with all FIAT currencies for example USD loses about 2~3%/year and that is exactly the inflation rate and its also the SAVINGS account rate which basically means you get NOTHING just the lost value.

This coin defies the incredible part of bitcoin which is the limited number of coins therefore not losing value because the total count does not change ever.

bodenliu

member

Activity: 104

Merit: 10

wow someone make two small dumps. but the price just went back

dont panic guys, hold your coins, you know its not gonna drop back to your purchase price!

CryptoMF

member

Activity: 70

Merit: 10

Quote from: Vinculin on February 24, 2014, 01:38:24 AM

Well tat big dump... Roll Eyes

What is going on? Why are people selling? They will be so sorry in a few weeks. Time for some cheap coins! Gobble gobble.

yodoberman

member

Activity: 112

Merit: 10

Hold youre calm ppl, this is oure time now

CryptoMF

member

Activity: 70

Merit: 10

Quote from: Jeezy911 on February 24, 2014, 01:34:44 AM

Quote from: brooklynite on February 24, 2014, 01:28:22 AM

I love how this coin hs absorbed all the hashpower away from other coins making everything else so much more profitable. We really needed this after DOGE fell apart and all coins lost most of their profitability due to DOGE miners spreading everywhere. Looks like for the next few weeks there will be a nice vaccum.

Guy you all mine MINT and stay calm and dont look at other coins at all.

I quit mining about 3 days ago. Difficulty goes too high, I move on. Too many miners sit on the same coins for months and months. Its about knowing when to find something newer.

As was said before you should just buy Mintcoins now. Much more profitable and you can be assured of getting as many as you want.

deadmanwalking

full member

Activity: 210

Merit: 100

Quote from: brooklynite on February 24, 2014, 01:34:03 AM

At current difficulty this coin is only profitable if price stays above 50 SAT.

What is so special about this coin? Can someone help me understand? So this coin is pretty much guaranteed to lose 20% (min) the first year and continue to do so in the future at 5%/yr (or more, 5% is min).

Why does everyone think its good to have a coin give you dividends? When the coin pays the 1% the value DROPs 1%. Its just like when Microsoft trades at $26.00 and pays $0.75 dividend and next morning it trades at $25.75.

Ya, except if you're holding you don't need to mine Wink

Vinculin

full member

Activity: 210

Merit: 100

Well tat big dump... Roll Eyes

Jeezy911

sr. member

Activity: 294

Merit: 250

Quote from: brooklynite on February 24, 2014, 01:28:22 AM

I love how this coin hs absorbed all the hashpower away from other coins making everything else so much more profitable. We really needed this after DOGE fell apart and all coins lost most of their profitability due to DOGE miners spreading everywhere. Looks like for the next few weeks there will be a nice vaccum.

Guy you all mine MINT and stay calm and dont look at other coins at all.

I quit mining about 3 days ago. Difficulty goes too high, I move on. Too many miners sit on the same coins for months and months. Its about knowing when to find something newer.

brooklynite

sr. member

Activity: 266

Merit: 250

At current difficulty this coin is only profitable if price stays above 50 SAT.

What is so special about this coin? Can someone help me understand? So this coin is pretty much guaranteed to lose 20% (min) the first year and continue to do so in the future at 5%/yr (or more, 5% is min).

Why does everyone think its good to have a coin give you dividends? When the coin pays the 1% the value DROPs 1%. Its just like when Microsoft trades at $26.00 and pays $0.75 dividend and next morning it trades at $25.75.

ibitcoiner

newbie

Activity: 10

Merit: 0

It is all Manipulation in Minpal. Be careful . I just tried to withdraw my coins BTC and MINT to Cryptsy, but it is not processed. All my withdrawal requests are pending for 2 hours. Both BTC and MINT. I am not sure if we can withdraw BTC and MINT out of Mintpal !!

brooklynite

sr. member

Activity: 266

Merit: 250

I love how this coin hs absorbed all the hashpower away from other coins making everything else so much more profitable. We really needed this after DOGE fell apart and all coins lost most of their profitability due to DOGE miners spreading everywhere. Looks like for the next few weeks there will be a nice vaccum.

Guy you all mine MINT and stay calm and dont look at other coins at all.

CryptoMF

member

Activity: 70

Merit: 10

Quote from: Gingermod on February 24, 2014, 12:31:14 AM

Quote from: Ferris419 on February 24, 2014, 12:30:39 AM

Quote from: Gingermod on February 24, 2014, 12:27:22 AM

Quote from: CryptoMF on February 24, 2014, 12:22:45 AM

Quote from: Gingermod on February 24, 2014, 12:07:55 AM

Quote from: CryptoMF on February 24, 2014, 12:04:05 AM

I was just thinking about something. I know that is usually a bad idea...

I am assuming most people with large holdings of Mintcoin will be holding their coins long term so they get the PoS interest. What if another very very large holder has an emergency and has to cash out all their coins and get real money to pay for something urgent. If they do this then the price will go down very very far and the others are left with coins worth much less. Is there any way to stop this from happening?

Damn you are retarded, no wonder you shill for this shitcoin.

Well what can I say. These are the kind of questions that keep me up at night. I thought you would like this as I am looking out for others by thinking through things. You are just angry you didn't think of it first.

Go back to school

Why are you still here?

Oh just trying to enlighten people I forgot sorry.

Idk, kinda a thrill in being mean.

You have been strangely quiet lately Gingermod. Is everything OK? Are you still trying to decide to buy some Mintcoin? Guess what? No more cheap coins for you! You really picked the wrong side on this one. Retard.

NeedVIP

member

Activity: 69

Merit: 10

wow keeps going up and up... why the fuck did i mine 1mil since day 1 only to sell out at 9 sat Huh

i believed in the coin too just though it would go back down to 5-6 so i could pick up a little extra

gofoter

full member

Activity: 182

Merit: 100

It seems so.Way up!

Jeezy911

sr. member

Activity: 294

Merit: 250

Well it broke psychological point really with 0 resistance after 12, looks like 75 for sure.

greentea

legendary

Activity: 1418

Merit: 1002

Quote from: greentea on February 24, 2014, 01:01:42 AM

wow ... this coin needs to take a breather, I guess next stop 50 sats.

Looks like no one wants to sell, people are holding to gain interest.

and a 50 satoshi print ...

andyatcrux

legendary

Activity: 938

Merit: 1000

That sucks. Hopefully it goes through for you soon. Not much can be done it seems.

Topic: [ANN] [MINT] Mintcoin (POS / 5%) [NO ICO] [Fair distro, community maintained] - page 834. (Read 1369788 times)