Post
Topic
Board Announcements (Altcoins)
Re: [ANN][MINT]Mintcoin, Energy Saving Coin With a Fast Distribution *7 Exchanges
by
damnation
on 23/02/2014, 20:51:06 UTC
Yep.. i've decided to stop trading for the moment.. because... it looks like the trading has become a little indecisive...

also a drop can be expected... price climbed too high too fast.. which means that those who are trading are more likely to trade it away for the immediate profit...

i think Mint at this stage is a solid buy in the 20-25 range for this current block reward.. 26 and up is a little iffy at this point as its being heavily traded and i can't really estimate when the dump will come in and to what level it will drop the coin.. but with the amount of interest in mint and the increase in hashrate.. there is also a chance that new investors will come in and swallow the dump... but its a little unlikely as the current ALT market.. makes most people refrain from taking big risks with their current BTC positions..

With trading other PoW coins its easy... since the coins dont do anything... pretty much whatever we see on the exchange is whatever is gonna be traded.. with PoS its hard to get a fix on how much mint is getting sent out of the exchange for Wallet mining..

Any speculation on the trading scenario when we get to 1 coin block rewards?