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Topic: [ANN] [MINT] Mintcoin (POS / 5%) [NO ICO] [Fair distro, community maintained] - page 838. (Read 1369788 times)

full member
Activity: 126
Merit: 100
Smashing rocks with my GPU
A couple more questions:

1.  If my coins are on an exchange for 20+ days and they aren't moved, do they get the interest?

2.  Is mintpal.com affiliated with or owned by the devs of this coin?

Thanks.
No, and No.

Or, at least, we can't assume that the PoS will benefit you if you leave coins on an exchange.

Mintpal was just a happy accident.
hero member
Activity: 854
Merit: 1000
A couple more questions:

1.  If my coins are on an exchange for 20+ days and they aren't moved, do they get the interest?

2.  Is mintpal.com affiliated with or owned by the devs of this coin?

Thanks.
sr. member
Activity: 294
Merit: 250
don't complain because you sit on the fence when the buying is good

at some point you have to commit to the decision to buy in, don't over rationalize it

+1 there's a few butthurt individuals around here .... Who are still on the fence but scared to take the leap. The coin will continue to rise this is just the beginning. But since they don't have none and are scared to buy some they are calling it a pump and dump.

If this is such a scam pump and dump coin why are the same trolls coming back with more and more negative comments?

I know when I see a coin I don't like I don't troll the thread I just move on to the coins I do like.

I hope the whales do take a dump, want more!
sr. member
Activity: 364
Merit: 250
don't complain because you sit on the fence when the buying is good

at some point you have to commit to the decision to buy in, don't over rationalize it

+1 there's a few butthurt individuals around here .... Who are still on the fence but scared to take the leap. The coin will continue to rise this is just the beginning. But since they don't have none and are scared to buy some they are calling it a pump and dump.

If this is such a scam pump and dump coin why are the same trolls coming back with more and more negative comments?

I know when I see a coin I don't like I don't troll the thread I just move on to the coins I do like.

Exactly
hero member
Activity: 1008
Merit: 501
Greetings,

I'm considering investing in Mintcoin but can't wrap my mind around something which I would appreciate help with.

1.  POS starts when a coin has been in your wallet for 20 days, correct?  If I have 1 coin in my wallet for 20 days then add 1 million more, do those 1 million automatically become eligible for POS or do they have to go 20 days?

2.  If it is the latter, doesn't that make people not want to spend their coin as they then lose out on the POS?

Thank you.

PoS coins are great for hoarding, and being pumped, and being a ponzi scheme.
Again pay no attention to this troll


Making a blunt and concise assessment of this situation is not being a troll. Do you know how many failed coins I've seen? In every one I try to enlighten people.

Ohhhh ok so your just being generous enough to follow a coin that you have no interest in just to enlighten the people who are interested in the coin? Makes sense lol

Also just so you know your "opinion" does not and will not matter in anyone's final decision besides your own.
sr. member
Activity: 364
Merit: 250
Quote

Making a blunt and concise assessment of this situation is not being a troll. Do you know how many failed coins I've seen? In every one I try to enlighten people.
Why would you waste your time doing that? As a public service?
hero member
Activity: 1008
Merit: 501
don't complain because you sit on the fence when the buying is good

at some point you have to commit to the decision to buy in, don't over rationalize it

+1 there's a few butthurt individuals around here .... Who are still on the fence but scared to take the leap. The coin will continue to rise this is just the beginning. But since they don't have none and are scared to buy some they are calling it a pump and dump.

If this is such a scam pump and dump coin why are the same trolls coming back with more and more negative comments?

I know when I see a coin I don't like I don't troll the thread I just move on to the coins I do like.
sr. member
Activity: 364
Merit: 250
Hey Warren, what's aces?

It's Mr. Buffet to you, sonny. Where's my Mintcoin, Bitches!!

You are the the one with no mintcoin so you are the bitch here  Cheesy
full member
Activity: 238
Merit: 100
Greetings,

I'm considering investing in Mintcoin but can't wrap my mind around something which I would appreciate help with.

1.  POS starts when a coin has been in your wallet for 20 days, correct?  If I have 1 coin in my wallet for 20 days then add 1 million more, do those 1 million automatically become eligible for POS or do they have to go 20 days?

2.  If it is the latter, doesn't that make people not want to spend their coin as they then lose out on the POS?

Thank you.

PoS coins are great for hoarding, and being pumped, and being a ponzi scheme.
Again pay no attention to this troll


Making a blunt and concise assessment of this situation is not being a troll. Do you know how many failed coins I've seen? In every one I try to enlighten people.
newbie
Activity: 4
Merit: 0
Hey Warren, what's aces?

It's Mr. Buffet to you, sonny. Where's my Mintcoin, Bitches!!
hero member
Activity: 854
Merit: 1000
The problem of crypto is that it always repeats the same stupid model.

First phase - nobody cares, its called "randomisation phase". Just a coin release and nobody knows what will happen. You cant own them all because there are gazillions of coins coming to the market so even the best investor has to satisfy with random luck when choosing which coin should "make it".

Second phase - pump. It depends only on the success of its own success. Market cap or future market cap is totally irrelevant. Pumped coins get more pumped and point attraction. Its typical for them that the value reaches the value which the coin would get in few months or years in the best scenario of its future.

Third phase - dump. After peaking there appears a dump which takes usually few weeks. People realize that the value is really too big and start selling. It takes a while until the coin loses all value made by pump. Then usually comes the next phase  

4th phase - re-pump. When the value gets low enough and the coin gets slowly forgotten, there usually comes a re-pump usually made by new hype, few whales or just because it has fallen to satoshi value and technically it cant drop more. Because the coin is slowly forgotten, not too many sellers are active and watching the market so the pump is now possible again.

And then follows the 5th phase - last dump. After the last pump and dump the coin is usually stabilizing and being useless for Pump and Dump so it gets totally forgotten and left by everybody who is trading it for profit only and now the coin must show up his real abilities and innovation.

No coin has survived the 5th phase yet except bitcoin and maybe litecoin (however its discutable because litecoin has no real use). Doge is now between 4th and 5th phase. Mint is at 2nd phase.

Its very annoying that the price went to insane hights and we still dont know even a shit about its functionality. Will do the PoS work? Will the PoS be positive? The coin is one big pre-order, you pay for something what didnt show up yet. And its very annoying for real investors because they cant make a fair buy-in when the coin shows some potential. Just because they will come too late in potential dump phase no matter how well the coin will work.
Excellent analysis.  As an investor, I'm looking for coins that have long term potential and an excellent dev team committed to continue to evolve the coin as new technologies are released.

Not many of those out there.  So far Bitcoin and Darkcoin fit the bill for me.  Auroracoin is fascinating as an experiment though I'm not at all sold on the dev team.  And I'm trying to understand Mintcoin.
sr. member
Activity: 364
Merit: 250
don't complain because you sit on the fence when the buying is good

at some point you have to commit to the decision to buy in, don't over rationalize it and lose out
hero member
Activity: 1008
Merit: 501
Greetings,

I'm considering investing in Mintcoin but can't wrap my mind around something which I would appreciate help with.

1.  POS starts when a coin has been in your wallet for 20 days, correct?  If I have 1 coin in my wallet for 20 days then add 1 million more, do those 1 million automatically become eligible for POS or do they have to go 20 days?

2.  If it is the latter, doesn't that make people not want to spend their coin as they then lose out on the POS?

Thank you.

PoS coins are great for hoarding, and being pumped, and being a ponzi scheme.
Again pay no attention to this troll
full member
Activity: 238
Merit: 100
The problem of crypto is that it always repeats the same stupid model.

First phase - nobody cares, its called "randomisation phase". Just a coin release and nobody knows what will happen. You cant own them all because there are gazillions of coins coming to the market so even the best investor has to satisfy with random luck when choosing which coin should "make it".

Second phase - pump. It depends only on the success of its own success. Market cap or future market cap is totally irrelevant. Pumped coins get more pumped and point attraction. Its typical for them that the value reaches the value which the coin would get in few months or years in the best scenario of its future.

Third phase - dump. After peaking there appears a dump which takes usually few weeks. People realize that the value is really too big and start selling. It takes a while until the coin loses all value made by pump. Then usually comes the next phase  

4th phase - re-pump. When the value gets low enough and the coin gets slowly forgotten, there usually comes a re-pump usually made by new hype, few whales or just because it has fallen to satoshi value and technically it cant drop more. Because the coin is slowly forgotten, not too many sellers are active and watching the market so the pump is now possible again.

And then follows the 5th phase - last dump. After the last pump and dump the coin is usually stabilizing and being useless for Pump and Dump so it gets totally forgotten and left by everybody who is trading it for profit only and now the coin must show up his real abilities and innovation.

No coin has survived the 5th phase yet except bitcoin and maybe litecoin (however its discutable because litecoin has no real use). Doge is now between 4th and 5th phase. Mint is at 2nd phase.

Its very annoying that the price went to insane hights and we still dont know even a shit about its functionality. Will do the PoS work? Will the PoS be positive? The coin is one big pre-order, you pay for something what didnt show up yet. And its very annoying for real investors because they cant make a fair buy-in when the coin shows some potential. Just because they will come too late in potential dump phase no matter how well the coin will work.

In the meantime, that premine is going to make the creators bank
hero member
Activity: 854
Merit: 1000
Greetings,

I'm considering investing in Mintcoin but can't wrap my mind around something which I would appreciate help with.

1.  POS starts when a coin has been in your wallet for 20 days, correct?  If I have 1 coin in my wallet for 20 days then add 1 million more, do those 1 million automatically become eligible for POS or do they have to go 20 days?

2.  If it is the latter, doesn't that make people not want to spend their coin as they then lose out on the POS?

Thank you.
It's only ~1% every 20 days, so it's not /that/ huge of a concern. Plus, you only lose the PoS from the coins you move around, any amount that stay static for 20 days will increase.
If my business, 1% every 20 days is a HUGE return.  Most bank accounts these days don't offer 1% annually.

If I have 10 mintcoin in my wallet for 20 days, receive 2 new coin, then spend 1 immediately, does the wallet know to spend the non POS qualified coin first?

Thank you.
newbie
Activity: 4
Merit: 0
The coin starts to be overpumped, correction needed or the falling knife will be deadly.

GTFO trying to lure innocent sellers. Warren buffett would slap you

That is right Collegestudent, I am going to bitch slap this noob for doubting Mintcoin. You cannot escape my reach. Why can't you all be more like Colegestudent? Shows how much you know about cryptocurrency markets.

disclaimer: I do not personally own any Mintcoin at this time but am open to offers below 30 satoshi's. I sure missed the boat on this one.

no, it will go to 60 tonight

Don't make me take a DUMP! You will sell me your Mintcoin under 30 satoshi's!
sr. member
Activity: 797
Merit: 251
The problem of crypto is that it always repeats the same stupid model.

First phase - nobody cares, its called "randomisation phase". Just a coin release and nobody knows what will happen. You cant own them all because there are gazillions of coins coming to the market so even the best investor has to satisfy with random luck when choosing which coin should "make it".

Second phase - pump. It depends only on the success of its own success. Market cap or future market cap is totally irrelevant. Pumped coins get more pumped and point attraction. Its typical for them that the value reaches the value which the coin would get in few months or years in the best scenario of its future.

Third phase - dump. After peaking there appears a dump which takes usually few weeks. People realize that the value is really too big and start selling. It takes a while until the coin loses all value made by pump. Then usually comes the next phase  

4th phase - re-pump. When the value gets low enough and the coin gets slowly forgotten, there usually comes a re-pump usually made by new hype, few whales or just because it has fallen to satoshi value and technically it cant drop more. Because the coin is slowly forgotten, not too many sellers are active and watching the market so the pump is now possible again.

And then follows the 5th phase - last dump. After the last pump and dump the coin is usually stabilizing and being useless for Pump and Dump so it gets totally forgotten and left by everybody who is trading it for profit only and now the coin must show up his real abilities and innovation.

No coin has survived the 5th phase yet except bitcoin and maybe litecoin (however its discutable because litecoin has no real use). Doge is now between 4th and 5th phase. Mint is at 2nd phase.

Its very annoying that the price went to insane hights and we still dont know even a shit about its functionality. Will do the PoS work? Will the PoS be positive? The coin is one big pre-order, you pay for something what didnt show up yet. And its very annoying for real investors because they cant make a fair buy-in when the coin shows some potential. Just because they will come too late in potential dump phase no matter how well the coin will work.
sr. member
Activity: 364
Merit: 250
The coin starts to be overpumped, correction needed or the falling knife will be deadly.

GTFO trying to lure innocent sellers. Warren buffett would slap you

That is right Collegestudent, I am going to bitch slap this noob for doubting Mintcoin. You cannot escape my reach. Why can't you all be more like Colegestudent? Shows how much you know about cryptocurrency markets.

disclaimer: I do not personally own any Mintcoin at this time but am open to offers below 30 satoshi's. I sure missed the boat on this one.

no, it will go to 60 tonight
newbie
Activity: 4
Merit: 0
The coin starts to be overpumped, correction needed or the falling knife will be deadly.

GTFO trying to lure innocent sellers. Warren buffett would slap you

That is right Collegestudent, I am going to bitch slap this noob for doubting Mintcoin. You cannot escape my reach. Why can't you all be more like Colegestudent? Shows how much you know about cryptocurrency markets.

disclaimer: I do not personally own any Mintcoin at this time but am open to offers below 30 satoshi's. I sure missed the boat on this one.
sr. member
Activity: 364
Merit: 250
Hey Warren, what's aces?
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