LTC just got added on Mintpal and soon MINT/LTC trading pair.
It's live already 
First trades just took placehttps://www.mintpal.com/market/MINT/LTC
Topic: [ANN] [MINT] Mintcoin (POS / 5%) [NO ICO] [Fair distro, community maintained] - page 851. (Read 1369788 times)
February 23, 2014, 04:15:14 PM
First trades just took placehttps://www.mintpal.com/market/MINT/LTC
February 23, 2014, 04:14:43 PM
Looks like this coin is taking off. Can someone please explain what will happen when the mining drops to only 1 coin per block? I want to get into this coin but I am concerned about what will happen in 2.5 weeks. I know users can mint coins in their wallets at 20% annually but what will new people get?
new ppl get what they get, dust. Buy now!But you need new people to drive the market. I don't quite understand. Will this become a hoarding thing? If so then no one will spend them and it is not a currency but something more like a collectable item. Just trying to understand. What will keep interest in the coin if you can't get it or spend it? Maybe I am missing something.
Thank you for the answer. I kind of understand that part already. Can anyone help with my other points? In particular what will keep interest in the coin if you can't get it or spend it? Maybe I am missing something.
Ok. Thanks. So they won't get interest on their interest, only on the original principle? Is that correct. And why would they be incentivized (sp?) to spend the interest? Also why even have the mining continue at 1 coin? Seems pointless when there are 100 billion floating around. Who would continue mining then?
That doesn't make any sense. Why would you come to the conclusion that the interest will not compound from what I said?
People will spend any currency because they can buy stuff they want with it, also if they only spend their interest and not touch the principle they have a residual income that they can spend.
It's a win/win situation and I suspect you are being a fuddy duddy
February 23, 2014, 04:12:46 PM
what does this part mean:
Quote
3. what does that mean in the wallet : Minting suspended due to locked wallet?
This says you can not do mining due to wallet encrypted.
you need to unlock the wallet in order to mine (for example for PoS blocks):
mintcoin-qt -server
mintcoind walletpassphrase true
do i need to unlock wallet for it to get the 20%?
I cant figure out how to unlock it
Quote
3. what does that mean in the wallet : Minting suspended due to locked wallet?
This says you can not do mining due to wallet encrypted.
you need to unlock the wallet in order to mine (for example for PoS blocks):
mintcoin-qt -server
mintcoind walletpassphrase
do i need to unlock wallet for it to get the 20%?
I cant figure out how to unlock it
February 23, 2014, 04:09:34 PM
LTC just got added on Mintpal and soon MINT/LTC trading pair.
February 23, 2014, 04:08:32 PM
any estimation of coins per day or a mining calculator?
February 23, 2014, 04:06:51 PM
Looks like this coin is taking off. Can someone please explain what will happen when the mining drops to only 1 coin per block? I want to get into this coin but I am concerned about what will happen in 2.5 weeks. I know users can mint coins in their wallets at 20% annually but what will new people get?
new ppl get what they get, dust. Buy now!But you need new people to drive the market. I don't quite understand. Will this become a hoarding thing? If so then no one will spend them and it is not a currency but something more like a collectable item. Just trying to understand. What will keep interest in the coin if you can't get it or spend it? Maybe I am missing something.
Thank you for the answer. I kind of understand that part already. Can anyone help with my other points? In particular what will keep interest in the coin if you can't get it or spend it? Maybe I am missing something.
Ok. Thanks. So they won't get interest on their interest, only on the original principle? Is that correct. And why would they be incentivized (sp?) to spend the interest? Also why even have the mining continue at 1 coin? Seems pointless when there are 100 billion floating around. Who would continue mining then?
February 23, 2014, 04:06:43 PM
New week is starting soon and it's the hottest scrypt coin since Doge. News is spreading fast right now. The best is yet to come.
February 23, 2014, 04:06:21 PM
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
February 23, 2014, 04:05:51 PM
Actually there is a big guy playing with the coin, when he is done the price will fall a little. I don't suggest to buy now
if that is the case then he has been at this for the past 13 hours
Have you seen the market?
It went from 15->23 then 23-27 slow. Then 27-34 fast as hell, then got dumped to 25 and then up to 33 and then dump to 26. Up to 32 then down to 25 and now stabilized at 29/30.
It's true, I think
February 23, 2014, 04:04:13 PM
how can you check if your wallet is minting?
February 23, 2014, 04:03:31 PM
Get BTC-e to add this coin asap.
February 23, 2014, 04:01:22 PM
Hey guyze, what's the current block reward ?
Between 25000 and 225000.
February 23, 2014, 04:00:55 PM
Looks like this coin is taking off. Can someone please explain what will happen when the mining drops to only 1 coin per block? I want to get into this coin but I am concerned about what will happen in 2.5 weeks. I know users can mint coins in their wallets at 20% annually but what will new people get?
new ppl get what they get, dust. Buy now!But you need new people to drive the market. I don't quite understand. Will this become a hoarding thing? If so then no one will spend them and it is not a currency but something more like a collectable item. Just trying to understand. What will keep interest in the coin if you can't get it or spend it? Maybe I am missing something.
Thank you for the answer. I kind of understand that part already. Can anyone help with my other points? In particular what will keep interest in the coin if you can't get it or spend it? Maybe I am missing something.
February 23, 2014, 04:00:22 PM
No buys yet at the LTC market.
On btc mint sell orders stock at 29 atm.
On btc mint sell orders stock at 29 atm.
February 23, 2014, 03:59:54 PM
Cryptsy would be lucky to have mint coin imo i dont think we even need cryptsy just yet
February 23, 2014, 03:59:39 PM
29 BTC moved from the buy wall at 14 Satoshis.
It's the big guy pumping the coin. Don't buy now
I already cashed out. Taking a breather from this one until tomorrow.
February 23, 2014, 03:58:45 PM
Hey guyze, what's the current block reward ?
February 23, 2014, 03:56:20 PM
Actually there is a big guy playing with the coin, when he is done the price will fall a little. I don't suggest to buy now
if that is the case then he has been at this for the past 13 hours
Have you seen the market?
It went from 15->23 then 23-27 slow. Then 27-34 fast as hell, then got dumped to 25 and then up to 33 and then dump to 26. Up to 32 then down to 25 and now stabilized at 29/30.
yea I been watching it this whole time since he started (2 hour nap) .
i'm not saying it's not getting pumped by one person but how they hell does he sit there for 13 hours straight doing this? cocaine?
February 23, 2014, 03:55:41 PM
Looks like this coin is taking off. Can someone please explain what will happen when the mining drops to only 1 coin per block? I want to get into this coin but I am concerned about what will happen in 2.5 weeks. I know users can mint coins in their wallets at 20% annually but what will new people get?
new ppl get what they get, dust. Buy now!But you need new people to drive the market. I don't quite understand. Will this become a hoarding thing? If so then no one will spend them and it is not a currency but something more like a collectable item. Just trying to understand. What will keep interest in the coin if you can't get it or spend it? Maybe I am missing something.
Thank you for the answer. I kind of understand that part already. Can anyone help with my other points? In particular what will keep interest in the coin if you can't get it or spend it? Maybe I am missing something.
February 23, 2014, 03:54:40 PM
As has been mentioned, we just opened a MINT/LTC market. Welcoming traders with LTC to trade directly to MINT
https://www.mintpal.com/market/MINT/LTC
The MINT/BTC market has hit over 700 BTC volume in the past 24 hours, incredible!
https://www.mintpal.com/market/MINT/LTC
The MINT/BTC market has hit over 700 BTC volume in the past 24 hours, incredible!
good call!
Jump to: