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drent301
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March 31, 2014, 11:41:59 AM |
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I want to invest in Mintcoin, because i see a great opportunity for this coin in the future. I don't care about those little "pumps and dumps" at these stakes.
When i leave the coins in my wallet, do i get 20% extra coins over the coins that i bought? example: i buy 1000000 mintcoin, i receive 200K interest the first year.. And is it accumulating like a saving account? And i get 15% over that 1200000 of the previous year?
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Party Hard
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March 31, 2014, 11:47:14 AM |
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I want to invest in Mintcoin, because i see a great opportunity for this coin in the future. I don't care about those little "pumps and dumps" at these stakes.
When i leave the coins in my wallet, do i get 20% extra coins over the coins that i bought? example: i buy 1000000 mintcoin, i receive 200K interest the first year.. And is it accumulating like a saving account? And i get 15% over that 1200000 of the previous year?
Your assumptions about interest are correct as long as you don't move your coins around. Buy them and put them in your wallet and in 20 days you'll start earning interest.
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Ladies ladies, one at a time.
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porcupine87
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March 31, 2014, 11:59:59 AM |
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Hey, we have now 17billion coins. First year 20%, second 15, then 10 then 5%. I come to 27Billion coins. We have only 1 coin per POW, so at the best case (no POS) this would be 1mill per year. How do we come to 70bill coins?
For each year after the fourth year Mint continues to pay out at 5% per year until all 70 billion coins are in existence. ah thanks!
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"Morality, it could be argued, represents the way that people would like the world to work - whereas economics represents how it actually does work." Freakonomics
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thisisit
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March 31, 2014, 12:05:18 PM |
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say 1 have a balance of 1 mint... i have an incoming transaction of 100k mint.
then at day 15 after receive of 100k i send 2 mint out.
what happens to the coindays of the incoming transaction of 100k mint?
since 1 is debited from the 100k transaction.
coin days are reset for the remaining 99.999, right?
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any coin that makes me a profit.
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drent301
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March 31, 2014, 12:06:09 PM |
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Thank you very much for your answer. Looks like a win win situation to me.
Even if we would lose 20% in satoshis this year on this heavily underpriced coin, i still make profit in the future!! Great concept, great investment!
Thanks!
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sebastiebass
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March 31, 2014, 12:37:11 PM |
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say 1 have a balance of 1 mint... i have an incoming transaction of 100k mint.
then at day 15 after receive of 100k i send 2 mint out.
what happens to the coindays of the incoming transaction of 100k mint?
since 1 is debited from the 100k transaction.
coin days are reset for the remaining 99.999, right?
What you move, is what resets. So those 99.999 coins will not have their days reset
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dille71
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March 31, 2014, 12:38:03 PM |
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say 1 have a balance of 1 mint... i have an incoming transaction of 100k mint.
then at day 15 after receive of 100k i send 2 mint out.
what happens to the coindays of the incoming transaction of 100k mint?
since 1 is debited from the 100k transaction.
coin days are reset for the remaining 99.999, right?
No i dont think so. I did send 50% of my mints a couple of weeks ago but the remaining coins kept staking so they didnt reset.
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dille71
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March 31, 2014, 12:44:37 PM |
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We are approaching 1 week since payouts in MINT were implemented on http://hashco.ws While I appreciate the new miners who have given us a shot and 'mined' some mint, the uptake isn't quite what I'd hoped for. In an effort to try and get things going, I received a total of 1,850,000 mint in bounties for implementation. If we can reach 300Mh/s in new hashrate that gets paid out in mint, and maintain it for at least 5 days, I'll give away all of it to random miners in the form of 3 prizes; 1mil, 600k, 250k. (personal hashrate will play no bearing on the prize winners, 10Mh/s or 300Kh/s, you'll have the same chance of winning). I'll post updates here on hashrate status if warranted. Happy Mining. The more miners the better for mint! Point your rigs at hashcows!!
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David Latapie
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March 31, 2014, 01:05:01 PM Last edit: March 31, 2014, 02:26:10 PM by David Latapie |
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ps. this is not trolling. if not interested in this post. move along...  I know thisisit was using tongue-in-cheek here. But this is still a good opportunity for a reminder. Do not use the "move along" phrase. This is very rude and gives a bad opinion of the poster and, by extension, of MINT. Plus, this is something I read a lot on BC and this really put a bad impression on them. If you do not agree with someone: either you have documented fact and you reply or you do not and you just don't answer if you believe a person is flooding a thread, do not respond on what this person says (provided what this person says is not factual), respond by asking this person to stop flooding. - Constructive criticism (repetitive or not) = contructive reply (if you can't have a constructive reply, don't reply at all, period) - Gratuitous criticism, no repetitive = no reply - Gratuitous criticism, repetitive = don't argue on content, but on delivery. Ask the person to stop and threaten to put it on the ignore list and to invite others to do the same. Repetitive gratuitous criticism has a word: trolling. And the universel remedy to trolling is: don't feed the troll Thank you to keep the thread to a high signal-to-noise ratio.
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MuffinMaster
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March 31, 2014, 01:37:51 PM |
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down 15%, is this ever going to break 20 again?
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thisisit
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March 31, 2014, 01:39:16 PM |
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is a move along phrase that bad... over here its not so bad.
the drop was expected since there is a pump.
mint is being targetted for pumps because of its community ( community follows along with the pump )
then sells into these community btc.
we have seen it a couple of times now on mint.
anyways, keep working on the services.
android wallet news?
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any coin that makes me a profit.
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CoinBreader
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March 31, 2014, 02:10:13 PM |
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We are approaching 1 week since payouts in MINT were implemented on http://hashco.ws While I appreciate the new miners who have given us a shot and 'mined' some mint, the uptake isn't quite what I'd hoped for. In an effort to try and get things going, I received a total of 1,850,000 mint in bounties for implementation. If we can reach 300Mh/s in new hashrate that gets paid out in mint, and maintain it for at least 5 days, I'll give away all of it to random miners in the form of 3 prizes; 1mil, 600k, 250k. (personal hashrate will play no bearing on the prize winners, 10Mh/s or 300Kh/s, you'll have the same chance of winning). I'll post updates here on hashrate status if warranted. Happy Mining. im IN ! 
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David Latapie
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March 31, 2014, 02:27:52 PM |
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is a move along phrase that bad... over here its not so bad. I update myu post accordingly thisisit. I was not very clear. Makes me think I said I would not intervene much but this is exactly what I am doing! I will try to return to the shadows.
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thisisit
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March 31, 2014, 02:52:40 PM |
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that will be hard to solve.
you need some references from respected resources as well.
text is written like a product.
make it more scientific
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any coin that makes me a profit.
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btcB2
Newbie
Offline
Activity: 9
Merit: 0
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March 31, 2014, 03:01:14 PM |
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Yeah that article needs to be completely rewritten. It's just an ad now 
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bigchirv
Newbie
Offline
Activity: 19
Merit: 0
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March 31, 2014, 03:11:18 PM |
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We are approaching 1 week since payouts in MINT were implemented on [Suspicious link removed] While I appreciate the new miners who have given us a shot and 'mined' some mint, the uptake isn't quite what I'd hoped for. In an effort to try and get things going, I received a total of 1,850,000 mint in bounties for implementation. If we can reach 300Mh/s in new hashrate that gets paid out in mint, and maintain it for at least 5 days, I'll give away all of it to random miners in the form of 3 prizes; 1mil, 600k, 250k. (personal hashrate will play no bearing on the prize winners, 10Mh/s or 300Kh/s, you'll have the same chance of winning).
I'll post updates here on hashrate status if warranted.
Happy Mining.
You already have 10 Mhs of mine running on HashCows. Thanks for implementing the MINT payments. Already got my 1st 265k MINT. Quick question: Does [Suspicious link removed] has a public API to work with? It would be interesting to know. 
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deadmanwalking
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March 31, 2014, 03:12:26 PM |
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down 15%, is this ever going to break 20 again?
The multi pool blackcoin uses buys at a price way above market to artificially increase the price. This tricks people into putting money back into blackcoin. Once people realize blackcoin is a scam clonecoin, they'll put all that money into Mint, and we'll go far above 20. I hope that answers your question.
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