Re: [ANN][MINT]Mintcoin, Energy Saving Coin With a Fast Distribution *Game

Do we recon the price will go back down over the next day or two? I want to buy some but I'm curious about whether I should wait or not

If it was a sure thing don't you think everybody would buy them? It can go every way but it looks promising.
I'm wondering what it will do when multipools try to rape it. Oh well within 4 weeks the raping will end for sure.

with 1 block retargeting, the difficulty will go sky high

and what will that do to the price?

It's already done, it doubled in the last 24 hours - nice! Cheesy

does the price typically go up after a retarget? or down?

Down... coin gets hype over halving, price goes up pre-emptively along with hash rate due to drawing miners in from the prospect of high reward, reward halves, miners leave dropping hash rate and everyone dumps... that's the norm on an established coin anyway, this is a little different because its young and will see several halving's in rapid succession so hard to say what will happen here Wink

It also has the PoS going for it which will hopefully alleviate the dumping.

Not mandatory: if many miners leave, diff will go down and the coin will be profitable again considering the price increase. Unpredictable which tendency will win, even not considering the PoS thing.