Nice. Are you going to do any burns? 

IMO, in 4 years, MINT will not be worthless; not only that, but it will keep on minting. Big assumption to say that it is going to nothing.

Anyway, today marks the 3-year point since MINT became POS only.


Here are a few MINTCOIN NETWORK STATISTICS as of March 9, 2017:

Total MINT coins outstanding:                     24,218,802,628
Total value per Mintcoin:                            $0.000035 USD or .00000003 BTC
Total market capitalization:                          $867,273 USD or        722.7 BTC
Total time as Proof of Stake only:                      1,097 days
Total time since 5% APR:                                      97 days
Total coins Ever Minted since pure POS only:   5,608,089,338
Total coins Minted since 5% APR:                     318,802,628

Total value of coins Ever Minted:                         $196,283 USD or 163.5 BTC
Total value of coins Minted since 5% APR:               $11,158 USD or    9.3 BTC

Average Value Minted per day from coins ever minted:   $179 USD or    .15 BTC


I hope this helps some to understand. Mintcoin is so mint!

Enjoy!  

I can't help but chime in.
That is 1 BIG big takeaway; the fact that you have to opt for trust in a centralized 3rd party, rather than promoting the decentralized option.  One thing interesting too is your valuation in fiat vs valuation in crypto.

Another thing to note:
A lifetime contract is still limited to a lifetime. No future generations. No ability to pass on your inheritance to your children's' children? No generational wealth potential.

There is a good Proverb 13:22  "A good man leaveth an inheritance to his children's children: and the wealth of the sinner is laid up for the just."


I leave you with some thoughts:

People find waiting for a larger reward more difficult when an immediate reward is physically close to them, openly visible, or partially sensed.

The best traders think differently from the rest.  The best traders aren't afraid.

Afraid of:
1. being wrong.
2. losing money.
3. missing out.
4. leaving money you could have taken on the table.

These are the four primary trading fears. Your fears will act against you in such a way that you will cause the very thing you are afraid of to actually happen.

Learning to accept the risk is a trading skill; the most important skill you can learn. Develop the skill of risk acceptance.

The cold hard reality of trading is that every trade has an uncertain outcome. Confidence and fear are contradictory states of mind that both stem from our beliefs and attitudes. Eliminate the tendency to rationalize, hesitate, jump the gun, hope that the market will give you money, or hope that the market will save you from your inability to cut your losses. Trade without the slightest bit of fear, but do not allow yourself to become reckless. This is vital. You can't work on overcoming it, though, if you don't even know it is a problem. No matter how good a trade looks, it could lose. So however, eliminating fear is only half the equation; the other half is the need to develop restraint. Eventually we all, even the best, experience a losing trade. The markets are just too erratic and are too many variables to consider for anyone to be right every time. The right mindset is like unto a restaurant owner incurring the expense (loss) of having to buy food, to keep the business going.  If you never accept the times you need to be buying the food, you will be permanently out of business.

Yes. It appears that this issue has been resolved. Withdrawals should be working now. Please notify if not.

I just noticed that the MINT block explorers are not working.

http://www.fuzzbawls.pw/explore/MintCoin/    (503 error)

Service Unavailable

The server is temporarily unable to service your request due to maintenance downtime or capacity problems. Please try again later.


http://https//prohashing.com/explorer/Mintcoin/   (site can't be reached)

http://explorer.coinpayments.net/index.php?chain=16  (lagging behind)

Well, I can see what you're saying on the one hand. On the other hand, it is typically a bad idea to just try to "force" the market to move. It seems as though not many people are wanting to buy a lot of new coins at this point, but conversely are not willing to part with their Mintcoins either... they're content with "minting". Maybe I don't want to sell the coins I have, but I don't have any extra to invest in buying additional coins. In my mind it doesn't make sense to force volume liquidity buying and selling just to "move coins to change hands". I mean you could do it if that that trading style fits your fancy. Personally, it seems too risky. I think the general attitude here is we want a more stable exchange rate, that is not so harshly volatile. Obviously if we want our Mintcoins to be worth something of value, there has to be a buyer. And Obviously if we want to Obtain the most amount of Mintcoins as possible, for minting, then we will want to try to buy them for the cheapest price we can. So there is a balance of supply and demand at all times, and in light of what other currencies are doing, sometimes it pays to be patient..
Keep in mind that even very small price changes can add up over time. For example just a 1% move up in a currency in 1 day, calculates out to being an annual rate increase of 3,640.93% due to compounding, if a currency were to go up 1% per day for a year. So typically when you see even a 1% move in a day, it is indicative of an unsustainable long-term trend, and thus, the longer that type of price action continues, the greater probability of a pullback or reversal with each passing day.
The same logic also applies in the other direction (down); however, the math is different: For example, If a currency loses 1% per day for a year, the currency would be down by -97.42% in a year.

Something to think about. Happy trading

-What version of the Client are you running?
-What operating system?
Mintcoin has about 7x as many blocks as Bitcoin, and generates 2,880 new blocks per day, so it is going to take time to synchronize, and uses a bit more CPU when trying to catch up. My guess is, even with the lastest bootstrap from January 4th 2017, it may be a couple days of running to get fully synced up.
Recommended System Requirements:
-1 Ghz+ available CPU
-2 GB+ available RAM
-Stable/moderate to high speed internet connection

EDIT:
Also, you can check on the peers you are connected to in your client by going to
Help > Debug Window > Console
then type 'getpeerinfo' and hit enter. It should show you what versions and blocks the peers you are connected to are on.
Alternatively, you can check the current peers list in the last 24 hours at http://www.fuzzbawls.pw/explore/MintCoin/network.php
Look at the list of peers running the current version /MintCoin:2.0.2/ by clicking 'Nodes'

Happy 3rd Birthday Mintcoin!


I'll push out some updated statistics next month, around the date of March 9th, which is the date we hit the 3-year mark of being a pure PoS (Proof of Stake) coin. Remember, before ASICs came out, Mintcoin was launched as PoW (Proof of Work) for several weeks for its initial distribution. Therefore, the best minting statistics I can derive are based on the time after when all the proof of work phase was completed.

Here's to more years to come  

Hey MintyAllDay,

I had an idea...(Not sure what other people think about this, but just thought I'd throw it out there)

In regard to your Mint trading cards... Was just thinking it would be cool if they were somehow infused with a spearmint scent! Would just add that extra touch! Not sure if this is possible though, but wanted to put the idea out there 

Does anyone have any information on who is behind CoinExchange.io? Seems kind of shady to me because it doesn't have a country or physical address listed.

Wow. I was totally wrong. Haha. 

Wow. What a shame. BTer giving any reason given for delisting? Even some other of the coins they desisted don't really make sense to me why. Is it just a daily volume thing or what? I'm sort of tired of these exchanges doing this. Oh well, once again MINT still has other exchanges so whatever. I wonder if  we should expect to see another dump in the price like what happened before when other exchanges went down or delisted. This seems to be a recurring trend lol. Nevertheless, I'm sure MINT will keep on. Nothing has stopped it so far.

The fixed exchange rate is about to break..... or is already breaking.

EDIT: Central bank can only hold the fix so long. They are already tapping into hundreds of billions reserves to try to hold the line (fix).

Limitless Unrestrained money printing via fractional reserve banking = Loss of purchasing power. Even with the fixed exchanged rate of CNY/USD. The thing is it is a fixed exchange rate = fake exchange rate; if all restrictions were lifted and we had a free market exchange rate what you would see is exactly what your are seing in CNY/BTC.

Keep in mind hitting 10,000 is "only" 13% more now!

Since this is a speculation thread, I'm calling 10,000 in the next 24 hours... Grab (another) bag of popcorn folks.

8,850 Why not??? Just print moar fiat! No problem!

China doesn't give a shit, they just print more money, and keep buying. over 8,800 now!

8,800 Incoming... I said it before, and say it again:

Indicators are meaningless when the Chinese are just printing fiat money infinitely. You have to keep in mind the Chinese have been printing unlimited amounts of fiat at a faster pace than anyone else, but try to prevent it from leaving the country on the official fiat money exchange rates. They will try to maintain a fiat exchange rate fix as long as possible, so they maintain purchasing power, but it is really just like Monopoly money to them. Bitcoin/crypto may be a way of escape.


8,800? I mean why not right?

Or, this version!
Everyone Sleeping, while bitcoin Lion
https://www.youtube.com/watch?v=mwy5uqemp6c