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Topic: [ANN] [MINT] Mintcoin (POS / 5%) [NO ICO] [Fair distro, community maintained] - page 871. (Read 1369788 times)

full member
Activity: 154
Merit: 100
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hero member
Activity: 714
Merit: 500
RISE Project Manager
I just fixed the countdown on www.mintcoin.cc

Even less time till the block reward goes to 1.

Panic buy Cheesy
full member
Activity: 154
Merit: 100
This coin really has potential, been mining some and bought at different levels.

My only concern, is the premine.  Is the dev going to be transparent about what they are doing with it?  700MM is a LOT of coins.  As a community we should hold them accountable.

Look what happened to EAC, 270MM premined, everyone said no big deal, same script you hear with all premined coins. premine for bounties, giveaways, development, support and maintenance, new feature developments etc.

What bounties have been paid already?

What bounties are still outstanding?

How much has been given away already?

How much are allocated for future giveaways?

What new features/developments do you plan to implement?

I think a good percent of those coins should go into establishing a MintCoin Foundation.
Really let outsiders know this is a serious coin looking long-term.

thoughts?


I'm pretty sure the EAC premine has not really been touched,  You can go back a couple hundred pages and find the address where it is stored.     It is a concern though I agree, the community needs to know the coins will be spent well.

+1 for transparency.
legendary
Activity: 980
Merit: 1004

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

Probably FederalReserveCoin, the only legal crypto! Now with more centralized inflation!
legendary
Activity: 980
Merit: 1004
p2pool anyone?
i find that im not getting as much coins as I should on the bigger pools.

Probably because you are expecting the max reward on every block found for some reason. The reward for some blocks can be very small and much closer to one than the max block reward.
legendary
Activity: 968
Merit: 1000
einc.io


That isn't a technical calculation. And I think your answers to a), b), and c) are all extremely ambiguous.

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?


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.
newbie
Activity: 31
Merit: 0
Where have people talked about the fallacy this coin has in its PoS strategy? Holding coins (based on coin days) generates income. What is the actual calculation here?

Can someone give some examples of people holding say 1000 coins, and the particular gains they'll make if

a) They hold for an entire period

b) They trade consistently but average 1,000 coins over a period

c) They start with 1,000 coins but end up with 100 at the end of the a period

Seems to me that transacting coin is far more valuable in the crypto market...Why? Because spending money makes money.

In fiat with banking systems money that is 'HELD' so to speak is not actually held, it is lent to others to make money.


Anyone care to discuss these points?

Also where is the transparency on the bounties? The development work? Is everyone going to be wolonged here?

Calc?  20% 1st year  
          15% 2nd year
         10% 3rd year
           5% succeeding years.

http://mintcoin.cc/about-mintcoin/


a.  percentage off the period held.
b.  no payout if you trade.  if in wallet for month continuous.
c.  1000 coins 20% = 1200 coins after year 1


You have 2 variables:   Time is a big one.  Let me ask you, how long does it take for an internet currency to be adapted, and used?  About 5 years.
Yes transactions are important, hence the need to keep a coin distributed in many hands and has longevity.   IF the coin stays in existence for 5 years, by then it will be used traded and invested.

Fiat Banking System remark:  Your living in 0% interest time period.  Where they will charge you to park your money in a savings account.  That is what you call Backwardation, or for the bipolar:  a fucked up market.  hardly free!   IT is rigged.  Free markets would be paying interest.
So what you want to know about the 1913 fiat gang?

Held?  Your maintaining value by not selling during the 5 years it takes to maintain stability and adapt to usage.

Hope this answers your questions.

That isn't a technical calculation. And I think your answers to a), b), and c) are all extremely ambiguous.

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?
legendary
Activity: 1848
Merit: 1009
Next-Gen Trade Racing Metaverse
full member
Activity: 182
Merit: 100
I'm going big on this.Let make the journey begin!
newbie
Activity: 3
Merit: 0
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
newbie
Activity: 2
Merit: 0
Do anyone know if there's something wrong with hashrapid? I've mined 675k mints and they just dissapeared from http://mint.hashrapid.com/, but on server http://107.170.26.18/ I've found my coins. So I made manual payment to my wallet (yesterday at 5pm) but I haven't received them. In pool's transactions history I've found this transaction but when I try to check it's details I got message saying that transaction couldn't be found (here is the link http://explorer.litecoin.net/tx/ad9d252fb2d165ac187b7f7444a0822c298e49b8fc0ce72acd809429abb8ce3f). Do anyone of you know what is going on?
full member
Activity: 182
Merit: 100
Shall I buy it now?I really see it going big but what's your opinion?
newbie
Activity: 14
Merit: 0
Anyone know how many coins per day per 1000kh at current diff?
newbie
Activity: 31
Merit: 0
Where have people talked about the fallacy this coin has in its PoS strategy? Holding coins (based on coin days) generates income. What is the actual calculation here?

Can someone give some examples of people holding say 1000 coins, and the particular gains they'll make if

a) They hold for an entire period

b) They trade consistently but average 1,000 coins over a period

c) They start with 1,000 coins but end up with 100 at the end of the a period

Seems to me that transacting coin is far more valuable in the crypto market...Why? Because spending money makes money.

In fiat with banking systems money that is 'HELD' so to speak is not actually held, it is lent to others to make money.


Anyone care to discuss these points?

Also where is the transparency on the bounties? The development work? Is everyone going to be wolonged here?
member
Activity: 104
Merit: 10
I do believe btc38 have interest to mint. Lets send emails to them. Can anyone provide the contact info?
sr. member
Activity: 420
Merit: 250
Doing a few MINT giveaways and games in #mintcoin on freenode for the next 30 min or so.

We had fun with some games. We did 4 rounds.
Winners enjoyed  320k MNT
3 rounds played
phark, Chr0nus, phark again and zuphzuph since a previous winner won. Zeak also won, but left and didn't return so forfeited the 100k

2014-02-22 05:50:03   MINT   100000.20000000   0.20000000   MXsXzLrmUU5DJQxZzDU4ctGV6LmDCm5BcE   740e313f76c721f22ea317f2a7950ba95b601920b19f87b954df857e79ee497e   CONFIRMED
2014-02-22 05:50:03   MINT   100000.20000000   0.20000000   MZS74sY6G9HT2Qvc8FhyTFtay3dN1s4DtH   740e313f76c721f22ea317f2a7950ba95b601920b19f87b954df857e79ee497e   CONFIRMED
2014-02-22 05:40:07   MINT   100000.20000000   0.20000000   MdEFSqNLZ4LN3wkKfhoaH6pvZKTYzWtC26   651929e4308031cf235ed48a01e264d992342f5720088c4e57f5ab007dc181f5   CONFIRMED
2014-02-22 05:20:03   MINT   10000.00000000   0.20000000   MXrAfk2vm6iU1jeExt4RXP7uJfioTK4bM7   c0dca5590adcf4361aae264f4a999ee3e28ef0f6cef18fa6fc6ec4971ee749c4   CONFIRMED
2014-02-22 05:20:03   MINT   10000.20000000   0.20000000   MZS74sY6G9HT2Qvc8FhyTFtay3dN1s4DtH   c0dca5590adcf4361aae264f4a999ee3e28ef0f6cef18fa6fc6ec4971ee749c4   CONFIRMED
newbie
Activity: 22
Merit: 0
MINT hits CryptoRush.in!
Trade your MintCoins for DOGE, LTC and BTC!

https://cryptorush.in/index.php?p=trading&m=MINT&b=DOGE

You mean trade your DOGE, LTC and BTC for MINT? lol.

This weekend this coin should have plenty attention with the arm chair quarterbacks.
Anyone speak Chinese?    Any article writers reading the blogs to write about the new up and comer.

Who is marketing in Chinese?     Can it trade in CNY before USD?

Get the translating thing going, unless you want to keep this coin all Irish,  ah right its a peppermint!  sorry.
Market in other languages.

Someone that can translate in Chinese, please read todays blogs and write an article!      Why sell the hoarding coin?  Such a big float and nothing for sale?  Why?  Interest god dammit!  

Currently I'm contacting Chinese exchange platform such as Bter and Btc38, hope they'll reply me soon

Maybe Btc38 is a better choice than Bter.  

Weeks ago ,I noticed  BTC38 posted a message about MINT on SINA-WEIBO (the chinese twitter) .
In the short message, they regarded MINT as  "Genius" .
newbie
Activity: 27
Merit: 0
Linux mint wallet version - 1.4.
qt gui and headless.

https://mega.co.nz/#!c5UhEAbD!VCJQHmqffw4lECVvdsJVDIhINfJguCMQ0DmKGf39bew

wallet for bounty:MqzsBZuxmozfHNAHjgXZSLaQRyTjzZ1jF6


cheerz!
newbie
Activity: 56
Merit: 0
Green is generally not a good color for the Chinese market.

Color matters more in China than most other developed countries, I think. (Yes, I said China is a developed country.)
member
Activity: 98
Merit: 10
Hi Guys,

Just wanted to let you know that we are considering adding MINT to our exchange before launch, which will probably be the biggest launch for any exchange yet.  Follow us on twitter and @lazycoins and vote.

https://bitcointalksearch.org/topic/ann-lazycoins-crypto-currency-exchange-beta-launched-21st-july-2014-471779

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