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Topic: [ANN] [MINT] Mintcoin (POS / 5%) [NO ICO] [Fair distro, community maintained] - page 870. (Read 1369788 times)

member
Activity: 112
Merit: 10
Yo guys!

How many coins dya reckon I'll get per day with 5.7Mhash? Smiley Thanks

edit - and whats the best pool right now? Smiley
750-800k if the diff stays the same!
http://mint.hashstrike.com/index.php?page=statistics&action=pool
hero member
Activity: 686
Merit: 500
Yo guys!

How many coins dya reckon I'll get per day with 5.7Mhash? Smiley Thanks

edit - and whats the best pool right now? Smiley
570k
the first
full member
Activity: 147
Merit: 100
Yo guys!

How many coins dya reckon I'll get per day with 5.7Mhash? Smiley Thanks

edit - and whats the best pool right now? Smiley
legendary
Activity: 1344
Merit: 1001
Marketed correctly I see big potential growth in Mintcoin's price. I am a Peercoin fan, but the pure proof of stake mining which will save wasted energy won't come for years. Mintcoin is embracing the future now and carving out a nice niche for itself.

Unless something disasterous occurs it's a no-brainer this coin hits 10 million dollars market cap in the next couple of weeks. Especially with 2 more reward halvings to look forward to in the next 2 weeks.

Most of the volume now is just from mintpal. Wait til we hit bigger exchanges like cryptsy and then there is the chinese pumps to look forward to once we hit the chinese exchanges. Good times ahead.
hero member
Activity: 686
Merit: 500
Hah. Prices are holding steady. Looks like a lot of people realise the price is going to go up after the next halving.

This is what it means to be a strong hand. Watch what happens after the next halving.
yea huge! two walls
hero member
Activity: 532
Merit: 500
Hah. Prices are holding steady. Looks like a lot of people realise the price is going to go up after the next halving.

This is what it means to be a strong hand. Watch what happens after the next halving.
newbie
Activity: 31
Merit: 0

I think to a point it doesn't matter,  I view crypto currencies as the next/new stores of value for the digital age.   Sure we will still have NYSE, Nike and Komatsu however.  For the younger generations I suspect a digital asset of mathematical rarity will make as much sense as a company that makes shoes fairly well.    Or more specifically I don't think a coin has to be widely traded to be of use.   I think MINT could be a purely speculative investment that might really pay off regardless of if it finds much Utility.

The world seems hungry for Crypto,  who knows what is going to happen next.

I think utility might not be entirely pertinent at least as a means for speculative adjustment. A few of the major coins with utility will start to become indispensable. Although admittedly with the wrong adjustment we can still see hyper inflation (regardless of being a capped coin supply or not) in the same way we have external risk factors influence financial crisis.

It seems to me that the younger generation is clutching onto things like crypto as many struggle to make serious financial gains through traditional means. I wouldn't explicitly refer to any crypto in the same way as I'd see public companies because production and service value are major factors in their market valuation. They're not entirely speculative, it's not a chicken and egg scenario. Their production value signals market adjustment. Rather than arbitrary 'out of thin air' adjustment.

Crypto like Mint is more in line with gold/silver/art/diamond/ruby holdings, where crypto like BTC/Doge are seemingly set to be more in line with USD/Euro/etc currencies that are dependent on their utility. ie the amount of produced goods or services that their 'money' (crypto) can buy. In a lot of ways Mint is a little more sincere than a lot of commodities where we have a difference between 'perceived' and 'actual' supply that is itself manipulated a great deal. But it's also a little naive to think that because we're here right now we will benefit most from the next financial instrument. What's to stop the next kid deciding they didn't get their fair share, so they want a large chunk of the crypto market by creating their own coin? Not a lot at the moment. The barriers to entry are tiny. As a matter of fact, it's exceedingly easy to start a new coin. There needs to be differentiation, and something involving more than a nice green tinge that determines value.

I'm interested to see what happens to the entry requirements of crypto over the long term, and the adoption of new crypto. If you consider we currently have less than 100 cryptos that make any sort of long term sense, will we see another 100 over the next year? Or will we see more like 2,000 additions over the next year? The reason real world (natural) commodities serve as a valid indicator for 'wealth' is that there aren't any new ones to be found. Other artificial commodities like art are entirely speculative, new artificial (and limited) commodities come up on a regular basis, but it takes skill/talent (and a lot of luck) to become the next Picasso.

I think this is the best ending phrase anyone has ever responded to me with! ha!

I basically totally agree with you.   I may differ a bit in how much 'value' I think the new kids really place on what the old guard considered work.  I am even guilty of this.  For example, I am buying a new laptop.  I am buying it refurbished, for a amazing price.  I bought a SSD drive and and more ram for it too so, it will be quite the sweet machine for little more than a third of what it should cost.    Now I am entirely aware that it probably cost 2 billion dollars to build that chip-fabrication facility.  And even more amazingly that the technology in every bit of my soon to be delivered laptop is built upon 20+ years of insanely aggressive innovation layer after layer.

That being said, I hardly give it a second thought!  Access to these types of goods and services has been completely stable since I was young and my dad bought a 8086 PC home.   I would never consider investing in Samsung, or DELL stock.  I've traded before and managed my own retirement funds but its still a bit of a pain in the ass to do it.   And even though I am cynical about everything and not one of these younger guys I am a hundred times more excited about MINT coin than I am any traditional investment methods.  I don't even like fiat.  I can't seem to take a little profit out of crypto even when I need it.  Instead I find MINT, or something else.   I sense a strong possibility that the next generation that is just at the cusp of this world may just skip the whole fiat-phase altogether.   Getting cash to them will be this annoying process like getting a money order is to me.  They won't have a clue nor care that some huge factory is pumping out ipad10's and can be publically traded.  

Even your point about them maybe starting to flock to crypto because they are having difficulties with traditional means.   That is basically exactly it.  'This' is starting to make more sense than 'That'.   Crazy I know.  

Thanks for the response. I appreciate the value in what you've written, it's well said. If we are in fact on the precipices of some sort of quasi social-financial revolution (which we may indeed be) it will be very interesting to see the adoption of crypto by the various groups. Consider a very simplified example, we have 2 markets, crypto and fiat, let's call them Apple and IBM, they're in a fierce competition to gain the most exchange market share. When will we reach equllibrium? When will crypto become the predominant tool for exchange of goods and services? What we're at least initially (over the next 10 years) faced with is most internet transactions being conducted through crypto and bricks and mortar transactions mostly conducted through fiat.

At what point do we see adoption of crypto being a necessity to conduct business? At what point do we see the devaluation of fiat trending towards crypto? For some of us it has started. Albeit in a small part, I've probably got 1% of my portfolio wrapped up in crypto. But at what point will I have 10%? At what point do people become fully diversified through crypto a new financial instrument (a weird mix of something like bearer bond/futures contract)?
member
Activity: 98
Merit: 10
Hi Guys!

Just dropping by to let you guys know that its official: https://twitter.com/LazyCoins

You're one of the first coins we have selected for our exchange to be traded at launch, which will probably be the biggest launch for any altcoins exchange yet. Since our announcement 4 days ago we have already had few hundred followers and fourteen altcoins added. We are working hard to launch beta soon. So for ETA and updates please follow us https://twitter.com/LazyCoins.


member
Activity: 104
Merit: 10
steady price! I worried about a cliff after the pump but it didn't happen Grin
The fact is that Chinese market haven't noticed mint yet. We will be surprises by the price and market cap when mint is on btc38 and bter.
Go minters!
full member
Activity: 168
Merit: 100
were can i check out the value what mint coin is worth at the moment as im confused to the way it values seem diffrent to btc/ltc? any one have site to share thanks

https://www.mintpal.com/market/MINT/BTC

Interesting. I expected the value to dip a little lower, but if it maintains around this the price after the next halving should be higher than the last peak.

Higher highs and higher lows. Nice trends, really  Grin
full member
Activity: 210
Merit: 100
hero member
Activity: 532
Merit: 500
were can i check out the value what mint coin is worth at the moment as im confused to the way it values seem diffrent to btc/ltc? any one have site to share thanks

https://www.mintpal.com/market/MINT/BTC

Interesting. I expected the value to dip a little lower, but if it maintains around this the price after the next halving should be higher than the last peak.
hero member
Activity: 546
Merit: 500
I made a simple worksheet document to calculate how your balance would grow over 4 year period, if you keep your coins. (1M sample on screenshot)



XLSX Download link:

mega.co.nz/#!gswQjRBS!qXalz55k10GH-EkZcgYhLmwwceBo6bWhi0tdJOqOmHI

(You need worksheet capable program to open this document)

hero member
Activity: 613
Merit: 500
Mintcoin: Get some
Quote
Where is the incentive for people to use their MintCoin for trade? It looks like anyone who sells MintCoin will be forgoing a 20% annual interest rate in the first year on that money??

Is it some sort of obligation to assume someone who asks valid questions not here to see crypto like this succeed? I'm trying to understand how others see it working in commerce, that's what's important for the adoption of a particular coin. I have three degrees. Two are masters in international business, and applied finance. I would like to encourage people who can discuss this at the appropriate level to add their views. I'm in for 12M MintCoin currently, I'm not swayed by short term gains I have no need for additional liquidity.

Why does it seem all the kids here are threatened by intellectual discourse?

The incentive to sell comes naturally, rather than forced. Think about it. If the coin holds value & or the value goes up, then at some point you will have enough wealth to be able to spend some of it on things you want/need to buy. You don't spend your way to wealth you save your way to wealth.
legendary
Activity: 968
Merit: 1000
einc.io

I think to a point it doesn't matter,  I view crypto currencies as the next/new stores of value for the digital age.   Sure we will still have NYSE, Nike and Komatsu however.  For the younger generations I suspect a digital asset of mathematical rarity will make as much sense as a company that makes shoes fairly well.    Or more specifically I don't think a coin has to be widely traded to be of use.   I think MINT could be a purely speculative investment that might really pay off regardless of if it finds much Utility.

The world seems hungry for Crypto,  who knows what is going to happen next.

I think utility might not be entirely pertinent at least as a means for speculative adjustment. A few of the major coins with utility will start to become indispensable. Although admittedly with the wrong adjustment we can still see hyper inflation (regardless of being a capped coin supply or not) in the same way we have external risk factors influence financial crisis.

It seems to me that the younger generation is clutching onto things like crypto as many struggle to make serious financial gains through traditional means. I wouldn't explicitly refer to any crypto in the same way as I'd see public companies because production and service value are major factors in their market valuation. They're not entirely speculative, it's not a chicken and egg scenario. Their production value signals market adjustment. Rather than arbitrary 'out of thin air' adjustment.

Crypto like Mint is more in line with gold/silver/art/diamond/ruby holdings, where crypto like BTC/Doge are seemingly set to be more in line with USD/Euro/etc currencies that are dependent on their utility. ie the amount of produced goods or services that their 'money' (crypto) can buy. In a lot of ways Mint is a little more sincere than a lot of commodities where we have a difference between 'perceived' and 'actual' supply that is itself manipulated a great deal. But it's also a little naive to think that because we're here right now we will benefit most from the next financial instrument. What's to stop the next kid deciding they didn't get their fair share, so they want a large chunk of the crypto market by creating their own coin? Not a lot at the moment. The barriers to entry are tiny. As a matter of fact, it's exceedingly easy to start a new coin. There needs to be differentiation, and something involving more than a nice green tinge that determines value.

I'm interested to see what happens to the entry requirements of crypto over the long term, and the adoption of new crypto. If you consider we currently have less than 100 cryptos that make any sort of long term sense, will we see another 100 over the next year? Or will we see more like 2,000 additions over the next year? The reason real world (natural) commodities serve as a valid indicator for 'wealth' is that there aren't any new ones to be found. Other artificial commodities like art are entirely speculative, new artificial (and limited) commodities come up on a regular basis, but it takes skill/talent (and a lot of luck) to become the next Picasso.

I think this is the best ending phrase anyone has ever responded to me with! ha!

I basically totally agree with you.   I may differ a bit in how much 'value' I think the new kids really place on what the old guard considered work.  I am even guilty of this.  For example, I am buying a new laptop.  I am buying it refurbished, for a amazing price.  I bought a SSD drive and and more ram for it too so, it will be quite the sweet machine for little more than a third of what it should cost.    Now I am entirely aware that it probably cost 2 billion dollars to build that chip-fabrication facility.  And even more amazingly that the technology in every bit of my soon to be delivered laptop is built upon 20+ years of insanely aggressive innovation layer after layer.

That being said, I hardly give it a second thought!  Access to these types of goods and services has been completely stable since I was young and my dad bought a 8086 PC home.   I would never consider investing in Samsung, or DELL stock.  I've traded before and managed my own retirement funds but its still a bit of a pain in the ass to do it.   And even though I am cynical about everything and not one of these younger guys I am a hundred times more excited about MINT coin than I am any traditional investment methods.  I don't even like fiat.  I can't seem to take a little profit out of crypto even when I need it.  Instead I find MINT, or something else.   I sense a strong possibility that the next generation that is just at the cusp of this world may just skip the whole fiat-phase altogether.   Getting cash to them will be this annoying process like getting a money order is to me.  They won't have a clue nor care that some huge factory is pumping out ipad10's and can be publically traded.  

Even your point about them maybe starting to flock to crypto because they are having difficulties with traditional means.   That is basically exactly it.  'This' is starting to make more sense than 'That'.   Crazy I know.  
full member
Activity: 224
Merit: 100
Crypto Enthusiast, BD
again DDoS on mintpal.com>>>>>>?
full member
Activity: 224
Merit: 100
Crypto Enthusiast, BD
i think think mintcoin will be skyrocket soon.
hero member
Activity: 613
Merit: 500
Mintcoin: Get some
were can i check out the value what mint coin is worth at the moment as im confused to the way it values seem diffrent to btc/ltc? any one have site to share thanks

https://www.mintpal.com/market/MINT/BTC
member
Activity: 98
Merit: 10
A few BTC walls and then we will touch the stars!
newbie
Activity: 31
Merit: 0

I think to a point it doesn't matter,  I view crypto currencies as the next/new stores of value for the digital age.   Sure we will still have NYSE, Nike and Komatsu however.  For the younger generations I suspect a digital asset of mathematical rarity will make as much sense as a company that makes shoes fairly well.    Or more specifically I don't think a coin has to be widely traded to be of use.   I think MINT could be a purely speculative investment that might really pay off regardless of if it finds much Utility.

The world seems hungry for Crypto,  who knows what is going to happen next.

I think utility might not be entirely pertinent at least as a means for speculative adjustment. A few of the major coins with utility will start to become indispensable. Although admittedly with the wrong adjustment we can still see hyper inflation (regardless of being a capped coin supply or not) in the same way we have external risk factors influence financial crisis.

It seems to me that the younger generation is clutching onto things like crypto as many struggle to make serious financial gains through traditional means. I wouldn't explicitly refer to any crypto in the same way as I'd see public companies because production and service value are major factors in their market valuation. They're not entirely speculative, it's not a chicken and egg scenario. Their production value signals market adjustment. Rather than arbitrary 'out of thin air' adjustment.

Crypto like Mint is more in line with gold/silver/art/diamond/ruby holdings, where crypto like BTC/Doge are seemingly set to be more in line with USD/Euro/etc currencies that are dependent on their utility. ie the amount of produced goods or services that their 'money' (crypto) can buy. In a lot of ways Mint is a little more sincere than a lot of commodities where we have a difference between 'perceived' and 'actual' supply that is itself manipulated a great deal. But it's also a little naive to think that because we're here right now we will benefit most from the next financial instrument. What's to stop the next kid deciding they didn't get their fair share, so they want a large chunk of the crypto market by creating their own coin? Not a lot at the moment. The barriers to entry are tiny. As a matter of fact, it's exceedingly easy to start a new coin. There needs to be differentiation, and something involving more than a nice green tinge that determines value.

I'm interested to see what happens to the entry requirements of crypto over the long term, and the adoption of new crypto. If you consider we currently have less than 100 cryptos that make any sort of long term sense, will we see another 100 over the next year? Or will we see more like 2,000 additions over the next year? The reason real world (natural) commodities serve as a valid indicator for 'wealth' is that there aren't any new ones to be found. Other artificial commodities like art are entirely speculative, new artificial (and limited) commodities come up on a regular basis, but it takes skill/talent (and a lot of luck) to become the next Picasso.
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