Post
Topic
Board Announcements (Altcoins)
Re: [ANN][MINT] Mintcoin Developer Releases Social Assets to the Community
by
Sandals4life
on 22/07/2014, 19:10:11 UTC
700,000,000 is less than 4% of the coin supply. This is much less to worry about than most coins which have premines, IPOs or covert instamines, et al that are much worse. Mintcoin's mining phase and distribution was great, but one thing after another has kept pounding the price down. Website issues, transparency, FUD, and also big multipools dumping millions of coins...Remember, Mintcoin was so profitable to mine during the initial distribution/mining phase that large Bitcoin multipools were mining Mintcoin and mining hundreds of millions of coins, and then they were dumping them too. But the mining phase is over now so this can't happen again.

Mintcoin's intital distribution was almost too good. It distributed so many coins to too many people...that didn't even want Mintcoins and dumped them. Too much of a good thing, became a bad thing for Mintcoin lol. Shocked  At least nobody can say Mintcoin had a bad distribution, it was epic. It was the most profitable coin to mine during the mining phase.