Post
Topic
Board Announcements (Altcoins)
Re: [ANN][MINT] Mintcoin - New Wallet v2.0.2 released 3/1/16
by
Tubularwindow
on 02/10/2016, 07:48:37 UTC
Mintcoin needs to get listed back on poloniex. Almost no demand for the coin anywhere else.
I wouldn't say there is almost no demand. In a no demand situation, a coin just tanks and that is the end of it. There is demand for mintcoin, but volume is rather low. I think that's because people in mintcoin are just not going to do fraudulent practices of faking volumes. Poloniex has a lot of traders, but that is all they are, they are just going to profit off of you, the real mintcoiner. With them out of the picture, so to speak, then it gives us some good opportunity for good values and price discovery and a chance to get the solid deals, and on coins trading again in the hands of us who really care about minting and mintcoin. I think a lot of coins from poloniex were dumped and it was all really rather unexpected about the delisting; short notice, so the price is currently suppressed. But I don't think it will stay that way. Historically, there is tens of thousands to hundreds of thousands of dollars worth of mintcoins bought up, so in the light of the current market conditions, it sounds like a possible opportunity to be buying, or at least buying if the price drops more, especially if you really believe in this coin. buy. The price is cheaper now which is good because it cost less for you to buy and will enable to mint more in the future for a less cost now. And still the minting rate is still at 10% which is sort of a lot, and so from now until December when the rate halves, more and more coins will be minted so maybe even the price will drop even more until then. But come December the rate goes to 5% so not as many new coins to be created so when people buy and save, there will be less other people with coins to sell, so eventually things will come to balance. I have some buy orders in for if it drops even lower, because you never know what people will do. But am also tempted to buy since Mint may never be this cheap again. But hopefully we can have all of the weak hands flush out and completely abandon it, because after that, then we will be poised for the greatest rebound/rise ever. Some trades that look like selling really are buys, and this is important to understand. I am not an expert though, just another fellow person that likes mintcoin. The world is a wicked and deceptive place and it pours into everyplace, even the cryptoworld. There are a lot of things going on in the world right now and IMO we all need to be careful to take care of ourselves, our families, and not be deceived. I think mintcoin is a great coin and has the possibility to still a great store of valued for a long time, and for generations. It is about commitment. I believe Mintcoin is a way to protect against inflation in fiat money etc. This is the kind of shit we are up against...
https://www.youtube.com/watch?v=m1aQ-XGWors
https://www.youtube.com/watch?v=hYzX3YZoMrs
https://www.youtube.com/watch?v=6oaO1ZTXv8Q
May the good Lord Protect You and Yours.