TimC
Legendary
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Activity: 1764
Merit: 1022
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March 18, 2014, 07:18:56 PM |
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I don't understand... If the coins are constantly traded at the exchanges doesn't coinage reset?
How big part of the coins there can possible be unmoved for 20+ days?
Or are they unmoved even if they are traded?
I bet they are unmoved and since each movement would incur a transaction fee and the exchange would want to make the most profit that it can so why move any coins when you can just update numbers in a table of the database. Then when you withdraw those coins are moved. |
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moderndezigns
Newbie
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Activity: 56
Merit: 0
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March 18, 2014, 07:22:02 PM |
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entering dreamland again.... Lips sealed
STAY OUT OF MY DREEAAMZZ! But for real, why are you here still?
haha really
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mgburks77
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March 18, 2014, 07:22:27 PM |
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 MINTCRUEJoin Today! |
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dille71
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March 18, 2014, 07:25:07 PM |
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I don't understand... If the coins are constantly traded at the exchanges doesn't coinage reset?
How big part of the coins there can possible be unmoved for 20+ days?
Or are they unmoved even if they are traded?
I bet they are unmoved and since each movement would incur a transaction fee and the exchange would want to make the most profit that it can so why move any coins when you can just update numbers in a table of the database. Then when you withdraw those coins are moved. Yes of course, thats the way it works! I'm sorry, i didn't think... im stoopid... or tired...  Only have 100k there but i move them to my wallet asap |
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TimC
Legendary
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Activity: 1764
Merit: 1022
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March 18, 2014, 07:26:37 PM |
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I don't understand... If the coins are constantly traded at the exchanges doesn't coinage reset?
How big part of the coins there can possible be unmoved for 20+ days?
Or are they unmoved even if they are traded?
The coins are unmoved. They just update a table in the database of how many coins in their wallet you own. Just like a pool. The pool does not have a wallet for each account. |
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moderndezigns
Newbie
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Activity: 56
Merit: 0
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March 18, 2014, 07:30:29 PM |
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For those of you who haven't commented please goto https://asktom.cf/index.php?topic=519658.0 and cast your vote for having Mintcoin to be added to the Vault of Satoshi which is an important Fiat exchange based in Canada. Please give reasons as well if you can for them considering Mintcoin |
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c-cex
Legendary
Offline
Activity: 1498
Merit: 1001
CryptoCurrency EXchange: https://c-cex.com
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March 18, 2014, 07:31:44 PM |
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https://c-cex.com moved to much faster servers.
We can now handle 10x times more online users! Welcome!
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rmoraos
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March 18, 2014, 07:33:06 PM |
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 "We the hardworking and honest people, we decided to start THE REVOLUTION against the greasy speculative whales"  |
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mgburks77
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March 18, 2014, 07:33:12 PM |
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Well, I have never ever sold one Mint yet and have only the Mint I've bought on Mintpal still there.
I will still never sell any of my Mint, but will continue to buy them to help take down the sell walls.
If you'll join with us and pledge not to sell until 60 you'll make a nice profit. But we gotta get enough to join with us to move the market. That's going to take some doing. I hope we can get everyone that was down for the multipool idea on board. It simple math. If the total orders for sale add up to way more than the total order to buy the price will go down. The only way that is going to happen is if we can take enough MINT off of the table. |
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mgburks77
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March 18, 2014, 07:34:44 PM |
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"We the hardworking and honest people, we decided to start THE REVOLUTION against the greasy speculative whales" I like it. Something for everyone! united force!  |
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mgburks77
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March 18, 2014, 07:38:53 PM |
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I don't understand... If the coins are constantly traded at the exchanges doesn't coinage reset?
How big part of the coins there can possible be unmoved for 20+ days?
Or are they unmoved even if they are traded?
The coins are unmoved. They just update a table in the database of how many coins in their wallet you own. Just like a pool. The pool does not have a wallet for each account. Exactly, they are operating fractionally, as in only a fraction of the money in play is actually present. Most of it is in a wallet minting away, compounding at 20% |
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mgburks77
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March 18, 2014, 07:41:41 PM |
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mintpal down for maintenance
working already
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BitcoinFX
Legendary
Offline
Activity: 2646
Merit: 1773
https://youtu.be/DsAVx0u9Cw4 ... Dr. WHO < KLF
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March 18, 2014, 07:42:23 PM |
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I don't understand... If the coins are constantly traded at the exchanges doesn't coinage reset?
How big part of the coins there can possible be unmoved for 20+ days?
Or are they unmoved even if they are traded?
Exchanges can easily operate on a fractional reserve basis. At a guess a minimum of 10 to 25% for a hot wallet. Thus leaving perhaps 90% of your Mintcoins to mint from or to keep for themselves or to dump. https://asktom.cf/index.php?topic=450381.msg5769563#msg5769563I have always kept my own Mintcoins in my wallet and instantly transferred anything I brought from an exchange. A main principal of crypto currency is ownership of your 'money'. Leaving Mintcoins on an exchange is like paying banks your interest ! |
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mgburks77
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March 18, 2014, 07:42:45 PM |
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price will now go up |
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Crindon
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March 18, 2014, 07:42:48 PM |
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This is an awesome coin. No wonder there are so many FUDDERS around. They love Mintcoin just as much as me and they all came out now when the prices are low because they want more! They want the 20% free Mintcoins as well.
Even more reason to hold and not sell to the FUDDERS.
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Crindon
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March 18, 2014, 07:43:36 PM |
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price will now go up Exactly. The volume was double what it was yesterday, despite the price being much lower today. There is gonna be lots of action. Can't wait for 3,000 satoshis. This is where we're headed! |
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mgburks77
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March 18, 2014, 07:44:13 PM |
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This is an awesome coin. No wonder there are so many FUDDERS around. They love Mintcoin just as much as me and they all came out now when the prices are low because they want more! They want the 20% free Mintcoins as well.
Even more reason to hold and not sell to the FUDDERS.
that is correct, sir |
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deadmanwalking
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March 18, 2014, 07:44:41 PM |
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I don't usually like to get into conversations about pump and dumps, however I've noticed something that should probably be mentioned to the community.
Yesterday, on Mintpal there was a 23 BTC buy order at 1 satoshi. Early today 20 BTC of that buy order was moved and buy orders were placed starting at 15 satoshi and moving downward with the largest buy order being at 12 satoshi.
Why would someone buy 20 BTC worth of a coin that is currently on a downtrend?
Food for thought. I would hate to see members of this community get burned by selling low and buying high.
Posted this yesterday. Biggest buy placed at 12 sat(around 9 BTC) and another at 10 sat(around 7 BTC). After 10 sat there wasn't much to talk about. Whoever is buying up the sells will want to pump around 10 sat. They pump by tweeting followers to buy, this causes a spike in volume and price. When people see this they start to buy as well. This would be a good time to BUY, and a REALLY BAD time to sell. |
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Ferris419
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March 18, 2014, 07:45:07 PM |
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Ok so were all removing our mint from the exchanges and holding them correct? If that's the case I'm in! Just wish everyone would follow suit.
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Bitcoin is gonna hit 100K usd
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Crindon
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March 18, 2014, 07:45:36 PM |
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Gonna keep up with building the infrastructure. No other altcoin has had this level of activity in the first month.
Amazing coin and amazing dev and community.
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