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Topic: Mintcoin: Undervalued? What do you think? (Read 111 times)

newbie
Activity: 7
Merit: 0
February 13, 2018, 02:06:36 AM
#1
Mintcoin was the first PoW coin turned PoS and I genuinely believe it's one of the most undervalued coins in the cryptocurrency space. I'm sure a LOT of you OG's here remember Mintcoin.

I found this gem through a small hint from a friend and made a large profit in the January rally. 400%.

However, I've decided to stick with and help contribute to the revived project. I'd like you to share your thoughts, maybe any experience with Mintcoin you've had, and some discussion about how undervalued (or overvalued) this coin is.

The thing is, Mintcoin was a dusty old project in the middle of last year with a small skeleton team with no BC dev on deck. For most of 2017, the price was 1-2 satoshis. Crap. It was considered dead for a long time, despite it having pretty good specs for the coin that it is, with reasonable PoS APR and very good TX fees. The old site looked like it was made on a gameboy color ( no offense to its creator ). But now you can read on this for yourself at their new websites mintcoin.zone or jimmyamash.com/mintcoin.

However, for some random reason, possibly caught in the crazy alt-coin rally of the holidays, it attracted the attention of many new traders and the price rallied from 2 satoshis to 24 in January and since has held a landmark gain. The telegram group grew many fold, volunteers of all kinds offered their help, and through some refining now the team has grown, along with an active BC dev, community managers, new website and upcoming new wallet.

From an investor's perspective, isn't Mintcoin SEVERELY undervalued now?? I, like a lot of other investors, ended up sticking with Mintcoin because not only does it return 5% to your holdings (for those long-term hodlers), but is also very cheap to transfer. VERY cheap. I have literally traded Mint with some of my friends for a lot of different things and I see myself continue to use it in the future, especially with the new wallet coming out.

So with the current price at around 8-12 satoshis, 30% of its high of 24 back in January back when the project was JUST getting off the ground again, isn't it fair to say that this coin definitely has some market to capture in the next coming months?

What are your thoughts?

I'm by no means a crypto expert or a veteran of this space. Plz no rude responses, but some honest insight is very appreciated!

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