Topic: [ANN] [MINT] Mintcoin (POS / 5%) [NO ICO] [Fair distro, community maintained] - page 900. (Read 1369778 times)

And now ladies and gentlemen...
MINT on Poloniex!

https://poloniex.com/exchange/btc_mint

For that to happen sell walls will need to move up and buys will have to buy up the current walls. If it becomes rare enough I believe it could be possible. There's a lot of coins on the exchanges right now. One of the disadvantages of the speedy block halving until the minting process is that you need the distribution to be quick, however I believe the current prices are misleading, as this is what happens when a coin is released on exchanges early on; it gets dumped. It's true of any Cryptocurrency.

What people aren't taking into account is the scarcity principle. If enough people came along and bought up the current Mint with a few BTC, what do you think will happen to the price? It will go up. But it would then go straight back down. Why? Difficulty and coin generation.

But..

Once the block rewards reach 1 (or end entirely. I'm still not sure sure on this point), there will be no more huge influx of mined coins to dump, so the downward pressure on the price will decrease significantly, and with the increased scarcity, the value of holding mint due to the minting process, and the inability to crash the price as it increases due to an inability to mass dumping, it all adds up to a coin that looks worthless now, but I assure you it will not in a few weeks.

I feel loathe to explain this as I'm still mining as much Mint as I can before this happens, but I just wanted to explain exactly what's going to happen before it does happen. If only to say "I told you so".

Enjoy these early days.

jany8293, there was a forgotten mistake, can you PM your adress please ?

Anyone can teach me how to do PoS? highly appreciated 

As 700.000.000 coins was premined wouldn't it be fair if it was publicly reported how these coins are used?
Every bounty payout, giveaway etc together with current balance posted to the community.

I think that would be fair just to show they don't plan to just dump them when trading volume is high enough.....

If you examine the block explorer you see that the premined coins where instantly split between several addresses and then split again multiple times. Why do that? Why not keep them on one address?

Just a thought....

My Mac wallet didn't sync as well until several days ago I made a mintcoin.conf like this:

testnet=0
listen=1
addnode=209.190.29.2
addnode=62.178.31.2
addnode=50.22.219.230
addnode=115.29.224.192
addnode=91.228.76.83
addnode=115.28.144.5
addnode=192.99.15.50
addnode=91.231.140.112
addnode=37.145.227.52
maxconnections=100
server=1
daemon=1
rpcuser=yourser
rpcpassword=yourpw
rpcport=12789
rpcconnect=127.0.0.1

Ever since then, it syncs quite smoothly. Try it out! And you are welcome!

Mac wallet still does not work. (OSX Mavericks, last version)