Topic: Let's talk about Mincoin (Read 1714 times)

i know it looks really bad but just jump on the leaving train and get off it before it drives backwards

http://cryptometer.org/mincoin_96_hour_charts.html


LoL @ 800k coins created in first 2 hours. Current supply 1117k coins.



Delivered by the best c++ programmer in whole crypto community.......  

MNC had a good pump today went up to 0.001 BTC and stays now at 0.0008
that was a good life signal from the mincoin community. just hold now and wait for higher prices

yes mincoin is cheap now!

I guess it remains to be seen but Im buying into this coin while prices are down 

Every coin? Oh, I strongly disagree.. but time will tell.

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MNC:
tytytytytytytyyt

You just described the path of every coin that's been released in the last three to four months.

This is false logic. Just because the coins have changed hands from their original owners doesn't mean they are gone. It just means someone new has the same 500,000 coins that were minted in a few hours. It is still a terrible coin. It is still trying to pretend to be scarce when there is nothing scarce about it. There are very very few people buying this coin. Coins that have terrible starts have terrible futures.

Lets just let it die

I can confirm this based on my own experiences.

Here is food for thought...


Owner gave-away a lot, traded a lot. Much mined honestly, with little effort.
1/10th actually mined honestly at the new 2c rate.
8,896,198c Left to mine... at 2c per block...

Rate is roughly... 1,103,802 coins / 1,711.70 hours (2013-04-03 03:04:29 to-> 2013-04-03 08:31:20 @ 1,103,802c)
Yields ~645 coins per hour = ~15,477 coins per day = ~464,297 coins per month = ~5,571,564 coins available per year to mine for everyone...
Compare to BTC...
Rate is roughly... 1312500 a year
Yields ~152 coins per hour = ~3,646 coins per day = ~109,375 coins per month = ~1,312,500 coins available per year to mine for everyone... (Asics will fight until they go broke for the same few coins.) Half that many after the next 3.5 years.

Sooo... if 1 BTC = $100 USD, then 1 MNC = ((152/645) *100) = ~$23.57 or about 1/4th of a BTC.
Thus... 1 BTC = ~4.24 MNC, or 1 MNC = ~0.2357BTC
Thus... MNC is one of the highest undervalued coins, and will rise faster than BTC falls... and BTC will fall.

Mincoin block explorer...
http://blockexplorer.vircurpool.com/chain/MinCoin?count=2016&hi=2015

No-one owns a coin... Anyone can assume it, and make it their own.

Like I said... Who says you have to trade on an exchange, or even let anyone know what the coin actually is. That is called paper-trading. Essentially what every exchange is actually doing. They are not actually trading one coin for another. They are trading exchange-credit for whatever coin... Until you cash-out... then they actually made one trade for you, based off the credit you were given.

Just cut-out the middle-man... (I trade on Cryptsy, just for the record.)

I'll be happy to take anyone's junk-min-coins... Deposit here MRo4uTzHza6tcd7A6KJquBQjkWDhQrf3Bj

Your reward will be karma, and added value to your remaining holdings. The more I get, the more I market the coin.

mCXnoW AND MINCOIN.   here is my take on Them . Realsolid the creator of solidcoin runs mcxnow.  Mincoin was made by realsolid( oh sorry.. his aka SandyCohen) he then as per all his project created a garbage "lets give 10% c of total coins ever made out in 3 days.. then lets make the rest take 10 more years.". So now RS gives himself a bounty to make his exchange for his scamecoin mincoin. The first thing done at the exchange was adding Solidcoin, now when RealSoild show up at his exchange everynight he shills mincoin solidcoin/microtrash(microcash his next premine project). Oh yes dont fortget since his exchange users numbers dropped his next idea was to charge for "pro" accounts so you can see longer trade history?

If you try to say anything negative about the coins or the exchange. RealSolid will have no arguemnts to support his scams. He then will start attacking you personally with irrelevant insults.

If you doubt that, i have pages of text of him attacking his customers, other developers, other coins. If that is the sort of professional you want to support, and who you want to trust with the dev of your coin, good luck.

Mincoin has settled to its actual value...

Now that is more scarce, it is going to rise. Those who got them for next to nothing, will, or have-already sold-out. Now all it needs is a bigger actual market.

Was great that the wallet/servers had that moment of incompatibility, that lowered the coin diff and booted-out all the insta-traders... (Traitors)

Those still mining are now marketing the coin off-exchange, so those who did nothing, still get nothing. lol... They either have to cash-out at the price we want, or rot while we sell on a private market. There is nothing that says you have to use an exchange, and reward those who have not earned anything. Just create your own market, and ignore the other value. Doesn't take much to alter the wallet so the user doesn't know that the coin-gateway is actually a min-coin underneath.

That, and there is no competition to value, if you hide the fact that it is another coin, and don't allow mining of it. Win Win... I am still buying, so list your coins... I am on the low-end of the market, so don't expect to get rich from my purchase of your un-earned value.

When it gets to where I want, then I open up the market for others. Until then, fight among yourselves. You think it is worthless, then cash-in, so you get some worth for your worthless holdings.

You want to give it value, and make money... Then come join multipool pool servers and mine what is actually valuable. (The coins with the lowest difficulty and the highest valued yields.) Value = losses... That is what all coins are, what all bills are, what all credit is. If you obtain it without loss, it has no value.

All of the oldest coins were already sold.


You are brain dead.


Feathercoin had many millions of coins mined in less time.

It get's no press because the first thousand blocks or so had ridiculously high rewards. There is no shortage of coins, and now each block is only worth two coins, so no one really mines it. It is the definition of a scamcoin.

Huge mining for the first few hours, then the block subsidy drops to a ridiculously low value. It's designed to give the impression of scarcity with a small number of people holding the vast majority of the coins.

I guess the preminers sold at least 500k tokens at 0.001+ avg, which makes at least 500 btc. Not bad, but not even worth the effort to build an exchange like mcxnow, truly one of the best around.

Mincoin is another pump and dumper, stay away!!!

completely irrelevant. look at the total supply graph: http://cryptometer.org/mincoin_96_hour_charts.html

this coin is a fucking joke, and youre an idiot if you buy into it