Quote from: garicson on March 30, 2014, 08:17:52 AM

Quote from: deadmanwalking on March 29, 2014, 08:11:40 PM

Quote from: thisisit on March 29, 2014, 07:16:38 PM

Quote from: mgburks77 on March 29, 2014, 01:03:54 PM

Quote

so pray that a whale, with bad intentions, does not get 51%

That would cost the attacker about $750,000.

Is it really worth it to attack? I mean they are spending 750K to destroy their own money, who would do that?

double spend? there will be other flaws... but currently double spend is most likely to occur with a stake of 51% or more.

pure pos is untested. we will see what future will bring.

i am into mint now as well.

ps. it would cost bitcoins. that is why "there is nothing at stake". an early adopter of bitcoin can do this. also the marketcap.. is at highest buy/lowest sell.

marketcap only takes highest buy price and multiplies that by coins available. it wouldnt take 750k usd. not even close.

so coinmarketcap is not even close to real value. simple math.

You see to be completly oblivious to SIMPLE math.

1. There aren't enough coins currently on the market to buy a 51% stake.

2. As soon as someone started to buy many coins, the price would increase exponentially.

3. If anyone were to control 51% it would destroy the value of the coin. Thereby destroying the urge for anyone to acquire so many coins.

4. Not having to do with math. Why the hell isn't anyone asking questions about this on blackcoin's thread. Gee, I wonder. Trolls be gone.

i agree

1 and 2

If anybody will buy all mint under 500 satoshi (560 640 822,397635 Mint) on Minpal, he need 240 btc. The price Mint will be 500 satoshi. It means 560 640 822,397635 *100 /18 721 246 063 = 2.99%. He who wants to attack mintcoin need more coins: 51% - 2.99% = 48%

Yep, and even then he would only halve half a billion Mint. To all the people trying to buy at 16, just do yourself a favor and buy at 17. Word is people are done with mintclone BC. No more pumping as people are waking up to the fact that bc is just 74 mil instamined coins without any real value. Kind of like the auroracoin spike, people thought it was a great idea until they thought about it. BC reminds me of Topcoin, only with a smaller number of coins. No real long term potential. They say it's better than btc. Why? Why would 74 million coins be worth anything just because they exist?

Do they have 30 merchants like Mintcoin? Do they pay people with coins just for holding them? (1% annual doesn't count) Are they to be listed at Vault of Satoshi in April? Do they have a community the size of Mintcoin?

Mintcoin is the original PoW to PoS and pays people to hold it, and has a large and growing infrastructure. Mint is also more secure because PoW implementation still intact. People love Mintcoin!