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Topic: [ANN][MIN] Minerals - POS | Developing own anon solution | - page 80. (Read 742197 times)

sr. member
Activity: 411
Merit: 252
From an outsiders perspective: can someone tell me why this coin isn't dead? The volume on MINTPAL is down to 2 btc and since the spike to 800 the coin has been in steady decline. Why should I get into this coin? It seems obvious that people don't care for this coin anymore and now its just a steady decline into oblivion. Don't get me wrong, I love the idea and the execution seems to be very good, it's just that the market seems to have spoken.

Thinking like that could kill any Project, what if we tought like that 3 year ago about Bitcoins? Dev is working very hard on this Project, I'm concerned about value (don't wanna lie), but sometimes you need to wait, if you followed this coin, you can see milestones. For anyone who want instant cash, this is not the place.
Don't consider it shameless advertising for my blog, but if you want to check it out, it's a summarized version of Minerals' history. The first exchange, the first simple faucet and game over to the first betting tests, the evolution it made to date and spreading awareness in the gaming community. Crayon is currently in the spotlight with an immensely important event for us, but next to RTS, a GW2 clan has noticed minerals and are using it for their internal rewards. It's by doing little things and step-by-step that this will get value over time, and most importantly keep that value.
hero member
Activity: 784
Merit: 1000
From an outsiders perspective: can someone tell me why this coin isn't dead? The volume on MINTPAL is down to 2 btc and since the spike to 800 the coin has been in steady decline. Why should I get into this coin? It seems obvious that people don't care for this coin anymore and now its just a steady decline into oblivion. Don't get me wrong, I love the idea and the execution seems to be very good, it's just that the market seems to have spoken.

Thinking like that could kill any Project, what if we tought like that 3 year ago about Bitcoins? Dev is working very hard on this Project, I'm concerned about value (don't wanna lie), but sometimes you need to wait, if you followed this coin, you can see milestones. For anyone who want instant cash, this is not the place.
newbie
Activity: 56
Merit: 0
From an outsiders perspective: can someone tell me why this coin isn't dead? The volume on MINTPAL is down to 2 btc and since the spike to 800 the coin has been in steady decline. Why should I get into this coin? It seems obvious that people don't care for this coin anymore and now its just a steady decline into oblivion. Don't get me wrong, I love the idea and the execution seems to be very good, it's just that the market seems to have spoken.

if you look carefully around, every coin seems dead now, some of them(99.999...%) are buried, i think investors are scared because of the recent chinese scam coin, and big whales are waiting before their next move(last time they pumped xc, cloak wasn't a whales pump, just x 5 rise)

calm before the next storm i say

All coins seem dead? There are plenty of coins before minerals which are doing very well. Whats the reason minerals will come back to life? Is there anyone here that is holding minerals in significant amounts?
sr. member
Activity: 411
Merit: 252
I think Mintpal is no reference at this point. After the Vericoin heist overall volume crashed and people moved over to Bittrex. That's also where most Minerals are traded atm with a 6.68756102 BTC volume. It's not that much, but a lot of people are just holding. Wait until after the tournament Smiley
legendary
Activity: 3248
Merit: 1070
From an outsiders perspective: can someone tell me why this coin isn't dead? The volume on MINTPAL is down to 2 btc and since the spike to 800 the coin has been in steady decline. Why should I get into this coin? It seems obvious that people don't care for this coin anymore and now its just a steady decline into oblivion. Don't get me wrong, I love the idea and the execution seems to be very good, it's just that the market seems to have spoken.

if you look carefully around, every coin seems dead now, some of them(99.999...%) are buried, i think investors are scared because of the recent chinese scam coin, and big whales are waiting before their next move(last time they pumped xc, cloak wasn't a whales pump, just x 5 rise)

calm before the next storm i say
newbie
Activity: 56
Merit: 0
From an outsiders perspective: can someone tell me why this coin isn't dead? The volume on MINTPAL is down to 2 btc and since the spike to 800 the coin has been in steady decline. Why should I get into this coin? It seems obvious that people don't care for this coin anymore and now its just a steady decline into oblivion. Don't get me wrong, I love the idea and the execution seems to be very good, it's just that the market seems to have spoken.
hero member
Activity: 784
Merit: 1000
MineralsPR, is this your profile on twitch? http://www.twitch.tv/mineralspr/profile/
legendary
Activity: 3248
Merit: 1070
If someone or some have decided to dump minerals, the introduction of anonymity will not stop them. The only chance of any crypto coin is to find external financing otherwise is doomed! The introduction of anonymity is not bad but the main objective must to be pursued!

it's pretty much dumped at is now, anon can only pump it form this point, then the dump can settle a new floor certainly higher than this

this coin was never pumped to me, rised to what x2.5 his value? (from 3k to 8k, 500s don't count that was a very bad start) 2.5 pump is not a pump is a joke
hero member
Activity: 784
Merit: 1000
So will this be used in the future for esports or its just a fad? why would they use min and not btc anyway?

btc transactions take too long to ever be considered for e-betting. If there is a match that is starting in 5 minutes, my btc isn't making it in time unless I have it parked already.
Also for micro bets it would be too expensive to use BTC
newbie
Activity: 56
Merit: 0
So will this be used in the future for esports or its just a fad? why would they use min and not btc anyway?

btc transactions take too long to ever be considered for e-betting. If there is a match that is starting in 5 minutes, my btc isn't making it in time unless I have it parked already.
member
Activity: 70
Merit: 10
So will this be used in the future for esports or its just a fad? why would they use min and not btc anyway?
newbie
Activity: 34
Merit: 0
posted on Reddit and TL
http://www.reddit.com/r/starcraft/comments/2bpznz/82_immortals_minerals_invitational_dimaga/

http://www.teamliquid.net/forum/sc2-tournaments/463185-8-2-immortalsminerals-invitational-6-pros-128open

If you know how reddit works then yea .. Tongue

EDIT. Also, i reccommend everyone to get a twitch account and follow our channels. also because the platform has embbeded the chat since its more crisp.
member
Activity: 98
Merit: 10
This is a fascinating discussion and see both sides of the argument for both risk and reward.

The purist in me tells me to stay strong, Minerals has been, and will be built upon the original ethos of real world use without features that can be construed as P&D.

However,

Does the reward outweigh the risk?  I agree that it may attract a P&D element of investors, but we as a community have been through P&D before with Mintpal add and with Bittrex before that. Even if it does attract some P&D I, (with my limited experience) would think that after a P&D Minerals would still retain a higher price than it does now, around 2k.

The thought of Minerals being worth 2x 5x 10x 2k entering into the tournament is a massive plus IMO.

I think we are on the cusp of something monumental, beyond the FDC launch Minerals holds a unique position of being the first 'real' real use coin. I've tried and tried to see another thats as close to acceptance as Minerals but can't. I'm actually staggered by some coins and their prices but lets not digress.

In summary,

I think I would favour Anon implementation as an extra feature but only if its endorsed by Minerals Dev and it does not put at risk the main objective. I have complete faith in Minerals Dev team, why wouldn't I? They have done no wrong to date!!

Keep up the good work Minerals - I'm here whatever the outcome  Grin

sr. member
Activity: 294
Merit: 250
★777Coin.com★ Fun BTC Casino!
If someone or some have decided to dump minerals, the introduction of anonymity will not stop them. The only chance of any crypto coin is to find external financing otherwise is doomed! The introduction of anonymity is not bad but the main objective must to be pursued!

dumpers will dump but there will be no effect if the volume is low.
full member
Activity: 224
Merit: 100
here for a while
If someone or some have decided to dump minerals, the introduction of anonymity will not stop them. The only chance of any crypto coin is to find external financing otherwise is doomed! The introduction of anonymity is not bad but the main objective must to be pursued!
hero member
Activity: 784
Merit: 1000
You don't get it. Anon is a pump and dump. Sure it may rise sharply but it will fall even harder. In realty no one ready cares about it. It just the  'newest' thing on the block. Same as color coins, country coins and now anon. It will be pumped and dumped into oblivion

Minerals has found a niche. Stick to it and we will succeed instead of following the p&d crowd

Now go post the same comment in the DRK thread.

What is your estimate of the value of Minerals when the tournament comes if the status quo is maintained?

It is about features, someone spot something interesting, in some countries betting is not allowed (I think Japan is one of those). What happens if some1 is arrested for betting with minerals, that could damage this coin a lot, so I think we should leave the comunity to decide, going further... what if, we set another address (1 for anon and 1 for non anon), the one who collect more coins wins, the other can be used for tournament (or what dev decides).
legendary
Activity: 1638
Merit: 1013
You don't get it. Anon is a pump and dump. Sure it may rise sharply but it will fall even harder. In realty no one ready cares about it. It just the  'newest' thing on the block. Same as color coins, country coins and now anon. It will be pumped and dumped into oblivion

Minerals has found a niche. Stick to it and we will succeed instead of following the p&d crowd

Now go post the same comment in the DRK thread.

What is your estimate of the value of Minerals when the tournament comes if the status quo is maintained?
sr. member
Activity: 252
Merit: 250
sr. member
Activity: 252
Merit: 250
bad news and good news.

Jaedong has dropped due to personall reasons. I don't blame him, hes a busy person and also lives in KR so its a 12 hour differences( meaning he would be play 1am til noon).
Good news, we picked up his teammate Huk for the replacement. Cheesy

Good news, I was politely asking on HUKs stream earlier what he thought about Jaedong going into the tournament and asked what he thought. Seems he payed attention Smiley
Were getting some decent names in this tourney. Even though its at 1am my time when it starts I'll still be tuned in
hero member
Activity: 784
Merit: 1000
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