Post
Topic
Board Announcements (Altcoins)
Re: [ANN][MINT]Mintcoin, Energy Saving Coin With a Fast Distribution *7 Exchanges
by
ahhmenuts
on 22/02/2014, 06:24:36 UTC
Where have people talked about the fallacy this coin has in its PoS strategy? Holding coins (based on coin days) generates income. What is the actual calculation here?

Can someone give some examples of people holding say 1000 coins, and the particular gains they'll make if

a) They hold for an entire period

b) They trade consistently but average 1,000 coins over a period

c) They start with 1,000 coins but end up with 100 at the end of the a period

Seems to me that transacting coin is far more valuable in the crypto market...Why? Because spending money makes money.

In fiat with banking systems money that is 'HELD' so to speak is not actually held, it is lent to others to make money.


Anyone care to discuss these points?

Also where is the transparency on the bounties? The development work? Is everyone going to be wolonged here?