I'm not sure that the two are related - we're always hovering between 5-7 sats now so it's probably a coincidence Plus that info was already out on here and on reddit. Maybe a few people selling off because they're impatient for 'big news'


Time passes quickly in the cryptocurrency world, and with the whiff of news to come a couple of weeks back (from a premature tweet I think), people are impatient for results. The problem is that Mintcoin is also trying to integrate into the real world in a very legitimate way. Things like setting up an NGO take time and it has to be slowed down to lawyer pace. David told us a couple of weeks back that the final draft of the bylaws for the Mintcoinfund were about to be sent off and he would report back when he had news, and that it may take several weeks to be finalised.

Whatever else the mintcointeam has planned, we will just have to be similarly patient. Those members of the extended dev team who do know what it is were thoroughly excited when they found out and described it as an ambitious plan. I'd rather hang around a wait for something genuinely innovative than just chase whatever the latest altcoin fad is.