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Topic: [ANN] [MINT] Mintcoin (POS / 5%) [NO ICO] [Fair distro, community maintained] - page 955. (Read 1369777 times)

full member
Activity: 213
Merit: 100
Well on the bright side, not much downside from here right. I mean it can only fall 3 more satoshi from here but upside is to the moon :p

Well theoretically if could fall far below 1 Satoshi and not be tradeable to BTC, the horrors should it hit 0.00000001 devcoin or something. Not going to happen, but the point remains.
full member
Activity: 131
Merit: 100

Done, comon guys keep voting and lets spread our love to mint to everyone Smiley

This is looking like a coin that will really take off!

One exchange i would like us to try and work with, as it is a exchange for the future is: Mcxnow.  If we were to get on there we would be golden.

2nd, I'd like to see more services for mint, games, shops, whatever you have, accept Mint on it Smiley.

I'm willing to give out a couple of 100K's for any progress on this front,

And dev, if you need any help with promoting, making sure things happen etc, dont hesitate to contact me, I love the idea of this coin.

Cheers!

I agree with you Hampuz, and i follow your intentions.

I want to see accepted MINT on some places, we need some places where people can also spend mint, not only look for investors interest in POS, we need shop accepting mint for those that wish buy something with mint, we need games and or casino games for gamblers, i suggest we all giveaway some of OUR mint to some developers interest of create something nice for mint.

I have aprox 11mio of mint, i will give away 1'000'000 MINT Total split to the first 4 nice projects/sites loved from community, it can be games, shop, or what ever is usefull and can be something good for mint's Future.

If i had the ability to do something i would already have done... but what i can do is give some good incentive, and i think also someone other of you can do same Cheesy

Lets get attentions to MINT!!!

(sorry for my bad english, its not my language + im very tired right now!)


P.S. THX THO THE ONE THAT DONATED ME 1000MINT LAST NIGHT Cheesy

This seems like something the dev should be doing with the 700 million premine?
full member
Activity: 140
Merit: 100

Done, comon guys keep voting and lets spread our love to mint to everyone Smiley

This is looking like a coin that will really take off!

One exchange i would like us to try and work with, as it is a exchange for the future is: Mcxnow.  If we were to get on there we would be golden.

2nd, I'd like to see more services for mint, games, shops, whatever you have, accept Mint on it Smiley.

I'm willing to give out a couple of 100K's for any progress on this front,

And dev, if you need any help with promoting, making sure things happen etc, dont hesitate to contact me, I love the idea of this coin.

Cheers!

I agree with you Hampuz, and i follow your intentions.

I want to see accepted MINT on some places, we need some places where people can also spend mint, not only look for investors interest in POS, we need shop accepting mint for those that wish buy something with mint, we need games and or casino games for gamblers, i suggest we all giveaway some of OUR mint to some developers interest of create something nice for mint.

I have aprox 11mio of mint, i will give away 1'000'000 MINT Total split to the first 4 nice projects/sites loved from community, it can be games, shop, or what ever is usefull and can be something good for mint's Future.

If i had the ability to do something i would already have done... but what i can do is give some good incentive, and i think also someone other of you can do same Cheesy

Lets get attentions to MINT!!!

(sorry for my bad english, its not my language + im very tired right now!)


P.S. THX THO THE ONE THAT DONATED ME 1000MINT LAST NIGHT Cheesy

Allright, thanks. Ill back your offer with 1M Mint of my own too.

That means, any developer that does a game etc, will receive 500K Mint, and that will be for 4 people, so a total of 2M Bounty.  Lets rally up people!
sr. member
Activity: 797
Merit: 251
I have a better strategy:

dump at 4 satoshi (yes its late now)
rebuy at 1 or 2 satoshi (yes its risky)
wait a while... and make a profit  Wink


A whale way:

dump the price to zero (using 20 BTC)

wait

buy them all (using 30 BTC)

wait

pump the price (using 20 BTC)

make artifical lack of coins... and when price skyrockets, just

sell them all (receiving 100-1000 BTC)
sr. member
Activity: 424
Merit: 250
A simple thought experiment.... What might happen to the price from here?

Current price you can get is 4 satoshi, with block reward halving each week for 5 weeks, you can double the price each week for it to keep up with cost of mining.

So....

Week 0 - 4 sat
Week 1 - 8 sat
Week 2 - 16 sat
Week 3 - 32 sat
Week 4 - 64 sat
Week 5 - 128 sat

If price stays in line with cost to acquire, then 128 satoshi after 5 weeks would not be unreasonable. So if this is wrong and it is only 40 satoshi in 5 weeks - so what? thats 1000% profit from here! Time is limited!

Of course maybe only get half this. But still a great return from here!

Good luck!



I don't think this is unrealistic, but with all the coins on the market in 5 weeks (then POS coins after) the price will have a difficult time climbing because of the whales ability to sell.  Any slight increases, you will see a large dump of coins and slow down the demand.

Not that I want this to happen, but all the whales will have breaking points and dumping at certain levels.  After 6 months, I could see it becoming desirable.

That's just my 2 cents tho....
sr. member
Activity: 350
Merit: 250
Bitcoin Evengelist
Well on the bright side, not much downside from here right. I mean it can only fall 3 more satoshi from here but upside is to the moon :p
full member
Activity: 126
Merit: 100

Done, comon guys keep voting and lets spread our love to mint to everyone Smiley

This is looking like a coin that will really take off!

One exchange i would like us to try and work with, as it is a exchange for the future is: Mcxnow.  If we were to get on there we would be golden.

2nd, I'd like to see more services for mint, games, shops, whatever you have, accept Mint on it Smiley.

I'm willing to give out a couple of 100K's for any progress on this front,

And dev, if you need any help with promoting, making sure things happen etc, dont hesitate to contact me, I love the idea of this coin.

Cheers!

I agree with you Hampuz, and i follow your intentions.

I want to see accepted MINT on some places, we need some places where people can also spend mint, not only look for investors interest in POS, we need shop accepting mint for those that wish buy something with mint, we need games and or casino games for gamblers, i suggest we all giveaway some of OUR mint to some developers interest of create something nice for mint.

I have aprox 11mio of mint, i will give away 1'000'000 MINT Total split to the first 4 nice projects/sites loved from community, it can be games, shop, or what ever is usefull and can be something good for mint's Future.

If i had the ability to do something i would already have done... but what i can do is give some good incentive, and i think also someone other of you can do same Cheesy

Lets get attentions to MINT!!!

(sorry for my bad english, its not my language + im very tired right now!)


P.S. THX THO THE ONE THAT DONATED ME 1000MINT LAST NIGHT Cheesy
full member
Activity: 213
Merit: 100

Anyone who doesn't understand, just take a minute to read...

+1

Trying to get to 50million before block halving.... It's not going too well Sad

I'm just trying to hit 1Million here with my low power, while still trying to get at least a little bit of some other stuff, I may even fire up CPU mining before the first halving at this rate. How far from your mark are you? With this halving getting to a certain mark before the end is just going to get slower and slower.

Hoping Mint really takes off, but I'd like to get at least 10 Vert as well before things pick up, with my low hash rate even splitting around in small amounts is going annoyingly slow.

With mint's low power afterwards though it should be interesting after the first 5 weeks.

Why Verts? Are you thinking this coin will take off again? I have triple amount of them and can't decide whether to convert those to MINT or not

If this pans out http://www.reddit.com/r/vertcoin/comments/1xpjww/thanks_to_moolah_hopefully_today_shops_will_now/ it will help it's value. I can only mine like .6 vert a day I'd like like to hold onto at least 10, preferably 20, too busy with Mint before the first halving for now though.
sr. member
Activity: 364
Merit: 250
A simple thought experiment.... What might happen to the price from here?

Current price you can get is 4 satoshi, with block reward halving each week for 5 weeks, you can double the price each week for it to keep up with cost of mining.

So....

Week 0 - 4 sat
Week 1 - 8 sat
Week 2 - 16 sat
Week 3 - 32 sat
Week 4 - 64 sat
Week 5 - 128 sat

If price stays in line with cost to acquire, then 128 satoshi after 5 weeks would not be unreasonable.

Of course maybe only get half this. But still a great return from here!

Good luck!



scarcity don't make the coin more valuable, demand make it, don't hold much hope for that price
would be good if it reach 20-30, 120 is just ...unreal



If demand stays the same then the price has to rise.
legendary
Activity: 3248
Merit: 1070
A simple thought experiment.... What might happen to the price from here?

Current price you can get is 4 satoshi, with block reward halving each week for 5 weeks, you can double the price each week for it to keep up with cost of mining.

So....

Week 0 - 4 sat
Week 1 - 8 sat
Week 2 - 16 sat
Week 3 - 32 sat
Week 4 - 64 sat
Week 5 - 128 sat

If price stays in line with cost to acquire, then 128 satoshi after 5 weeks would not be unreasonable.

Of course maybe only get half this. But still a great return from here!

Good luck!



scarcity don't make the coin more valuable, demand make it, don't hold much hope for that price
would be good if it reach 20-30, 120 is just ...unreal

sr. member
Activity: 364
Merit: 250
A simple thought experiment.... What might happen to the price from here?

Current price you can get is 4 satoshi, with block reward halving each week for 5 weeks, you can double the price each week for it to keep up with cost of mining.

So....

Week 0 - 4 sat
Week 1 - 8 sat
Week 2 - 16 sat
Week 3 - 32 sat
Week 4 - 64 sat
Week 5 - 128 sat

If price stays in line with cost to acquire, then 128 satoshi after 5 weeks would not be unreasonable. So if this is wrong and it is only 40 satoshi in 5 weeks - so what? thats 1000% profit from here! Time is limited!

Of course maybe only get half this. But still a great return from here!

Good luck!

newbie
Activity: 42
Merit: 0
Did anyone calculate the rate every 20 days? Is 20% the yearly compounded rate (year 1) assuming PoS is minted every 20 days? So that's about 0.5% or so every 20 days (for comparison, Hobonickels pays out 2% every 10 days).

It's not minted every 20 days. The PoS STARTS after 20 days.

POS starts after 5 weeks as OP stated.

Minting starts after 20 days of holding the coins in your wallet.
sr. member
Activity: 350
Merit: 250
Bitcoin Evengelist
Did anyone calculate the rate every 20 days? Is 20% the yearly compounded rate (year 1) assuming PoS is minted every 20 days? So that's about 0.5% or so every 20 days (for comparison, Hobonickels pays out 2% every 10 days).

It's not minted every 20 days. The PoS STARTS after 20 days.

I quote:
"PoS blocks will be generated after you hold some coins in your wallet for certain period of time. For MintCoin the minimum requirement is 20 days."
member
Activity: 112
Merit: 10

Anyone who doesn't understand, just take a minute to read...

+1

Trying to get to 50million before block halving.... It's not going too well Sad

I'm just trying to hit 1Million here with my low power, while still trying to get at least a little bit of some other stuff, I may even fire up CPU mining before the first halving at this rate. How far from your mark are you? With this halving getting to a certain mark before the end is just going to get slower and slower.

Hoping Mint really takes off, but I'd like to get at least 10 Vert as well before things pick up, with my low hash rate even splitting around in small amounts is going annoyingly slow.

With mint's low power afterwards though it should be interesting after the first 5 weeks.

Why Verts? Are you thinking this coin will take off again? I have triple amount of them and can't decide whether to convert those to MINT or not
I would say - trade them to mint!
4sat -> 8 sat is faster than 50->100
full member
Activity: 126
Merit: 100
Did anyone calculate the rate every 20 days? Is 20% the yearly compounded rate (year 1) assuming PoS is minted every 20 days? So that's about 0.5% or so every 20 days (for comparison, Hobonickels pays out 2% every 10 days).

It's not minted every 20 days. The PoS STARTS after 20 days.
member
Activity: 96
Merit: 10

Anyone who doesn't understand, just take a minute to read...

+1

Trying to get to 50million before block halving.... It's not going too well Sad

I'm just trying to hit 1Million here with my low power, while still trying to get at least a little bit of some other stuff, I may even fire up CPU mining before the first halving at this rate. How far from your mark are you? With this halving getting to a certain mark before the end is just going to get slower and slower.

Hoping Mint really takes off, but I'd like to get at least 10 Vert as well before things pick up, with my low hash rate even splitting around in small amounts is going annoyingly slow.

With mint's low power afterwards though it should be interesting after the first 5 weeks.

Why Verts? Are you thinking this coin will take off again? I have triple amount of them and can't decide whether to convert those to MINT or not
sr. member
Activity: 350
Merit: 250
Bitcoin Evengelist
Did anyone calculate the rate every 20 days? Is 20% the yearly compounded rate (year 1) assuming PoS is minted every 20 days? So that's about 0.5% or so every 20 days (for comparison, Hobonickels pays out 2% every 10 days).
newbie
Activity: 55
Merit: 0
Too bad that i only have 10 million coins, maybe that will be enough to make some serieus money.

You said 10 million coin is too bad, I just have 266k coin here -_-
sr. member
Activity: 364
Merit: 250
Too bad that i only have 10 million coins, maybe that will be enough to make some serieus money.

10million is a very respectable amount! Next week it is so much harder to acquire, take your self just 3 more weeks in to the future. I'll be just as hard to get 10million then as it is to get 80million now. So get what you can now!
sr. member
Activity: 364
Merit: 250

Anyone who doesn't understand, just take a minute to read...

+1

Trying to get to 50million before block halving.... It's not going too well Sad

I'm just trying to hit 1Million here with my low power, while still trying to get at least a little bit of some other stuff, I may even fire up CPU mining before the first halving at this rate. How far from your mark are you? With this halving getting to a certain mark before the end is just going to get slower and slower.

Hoping Mint really takes off, but I'd like to get at least 10 Vert as well before things pick up, with my low hash rate even splitting around in small amounts is going annoyingly slow.

With mint's low power afterwards though it should be interesting after the first 5 weeks.

I'm currently at just under 33million, got another 17million to go to get my target. This coin is going to be big. New, innovative, interesting and bloody hard to get hold of after tomorrow Shocked

Only twice as hard with the first halving, I've been doing around 100k a day I think gonna drop me to 50k a day, then 25k, Ive got around 530K gunning for 1M 7 days of 50k will only be 350k. Leaving me at around 880 to fill at 25k a day, it's going to be close. Depending on values I may just mine something else and buy direct. I bought some at 5 because I was worried a buy order at 4 would not fill before it rose to 6-7. Only was about a 60k coin difference, but that stuff still adds up.

After reward halving, buying them at 5 will seem cheap
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