Quote from: philipvdlinde on March 16, 2014, 10:45:58 AM

Quote from: CatKiwi on March 16, 2014, 10:44:10 AM

Quote from: thisisit on March 16, 2014, 10:41:17 AM

you are forgetting here that mintcoin is linked to btc and that you are "dumping" btc.

so maybe the price of mint will go up... if this becomes a standard, the price of btc will go down.

bubble: *poof*

Mint couldn't even impact one US cent on the value of bitcoin at this stage, it's a non-issue. What is an issue however, and one that can and must be addressed now, is the decreasing value of our coin, little by little, each day - the bleeding needs to stop and the Multipool is the bandage.

I completely agree, the multipool is going to make mint much more resistant against market manipulation aswell. The whale has been lowering the price little by little for almost 3 weeks now.

maybe... it can be a large bagholder that uses minted coins -> autosell. ( arms race? )

examine all addresses in the chain.

i think its a good idea, dont get me wrong.... what i am scared for is that this becomes a defacto standard that will hurt BTC..

we need a stable, high priced btc.

everything is linked to it.

what might happen is this:

"people" ( trade engines ) put buy orders at 17 and put earns at 18 sell.

coin will get stuck at price level.

since the lower the price, the more profit flipping coins like this.

price will be pushed down further.

you will see.

i think the downward trend is unstoppable if whales decide it must go down.

by launching the multipools you are actually doing THEM a favor.

you make it more interesting since there is a constant supply of btc ( buy ) and mint ( sell ). a loop.

thank you Wink