Ok, so I logged on to MintPal to cast my votes and they changed it!!! On the plus side, we are now showing at 23rd spot, up one. On the down side, it's just one vote an hour and it won't let me vote because it says I need more trade history. Does anyone know how much trade history you actually need to be able to vote???
They also increased the cost, 1 vote now costs 0.001 BTC. We'd need 16,365 votes to get to #1 will cost over 16 bitcoins but with the other changes, the cost hasn't really changed to buy your way in.
Still, I can't vote without a larger trade history. Does anyone know more about this?
If you're mining this coin now, the last thing you want in Mintpal! Being on Mintpal does not warrant a higher price. It just gives a vehicle for multipool pump and dumpers to make $ by flogging the market with coins. Mintpal does not bring the demand to warrant the supply that multipools will thump onto the market. If multipools start mining and dumping a million solar coins a day, the price will drop fast…and then they will move on.
The best scenario for us solarcoin miners is to stay under the radar, at least until the 1st half (50 million) coins are mined, when the block reward is cut in half….we're 1/3 of the way there. Unfortunately, I don't think that will happen.
If multipools do come, and mine out the coins quickly, which could happen, as the 500 Mh/s User mining now (which could be a multipool) is generating 1/4 million solarcoins a day, it would provide a window for a rich investor to purchase a very large chunk of the available solarcoins. This scenario would also change the mining projections posted on the solarcoin web site, where it indicates 2014 would see 50% of the coins mined, and the next 25% mined in 2015; as multipool mining would push past the 525k block pretty fast (already at block 175k).
