SuperTramp

IMHO its good that Bitcoin is rising and IMO it will continue to go sky high.  This is good for alt cryptcurrencies because I believe that Bitcoin will simply continue to pull up the entire market with it!  The whole market will continue to go up up up

I think we should look back on your prediction in 5 years from now.

 

-Chicago

You got it Chicago.  From what I have been able to gather in my one month of research, about everything below Litecoin is a turkey shoot.  Much depends on the site management, but a lot depends on luck.  I like what I've seen of Mincoin from the standpoint of this site, and it's also still at a price where one with minimal resources to put at risk can get in and have a chance of making some bucks as it rises.  We need to attempt to attract more new users, both through this site and in our daily lives.  Let's go guys. 

Well to be honest, I see MinCoin as a commodity more than a currency.   That being said, as you guys have already mentioned, we are still very EARLY in this new financial/asset class of digital markets and the upside potential for MinCoin at this point is HUGE. I think we are all very fortunate to be getting involved at such an early stage. As for attracting more users, we have been doing well in that area, but I know we can do better.

Step 1:Run MNC QT    Step 2:Click "File" "Backup Wallet      Step 3: save wallet.dat on flash step       4:I don't now how to restore wallet.dat file

Did you uninstall MNC QT and then do a fresh install? And do you have the latest version: www.dropbox.com/mincoin-qt-v6.0.5.zip  ?

If you did a fresh install and you have the latest version BEFORE you run MNC QT for the first time (after a fresh install) you will want to locate your Mincoin Folder in "%appdata%". Once you have located this folder open it up. You will see an existing "wallet.dat" file in there. Delete this empty wallet.dat file. Then drag and drop a copy of your backup wallet.dat into this folder. Close out of the %appdata% and then run your fresh installed MNC QT (v.6.0.5). Your coins should now be in your new client.

Hello everyone. First foray into mining and mincoin looked like the best bet of having a future

 

Traded bitcoins for quite a while and made some good money. I wanted to try the ground up approach this time.

In the Mincoin we trust 

Hey Guys I am a total newb to forums. This guy right here has almost got set up mining mincoin solo. I could use a few good nodes to add to my client. Also I really could use a friend to help me out. I had my comp setup and mining running almost 700 hashes and the pool I was sending it to was clocking me at less than 30 khs. Thats why I want to go solo. Could use some help doing it. Just thought id stop in and say hi, still could use a little help and am total newb to internet forums. Mincoin is super cool and I wanna get up and start solo mining. Any help I will donate some coins for once im up and goin. Thanks

Hello!

 

    I am new to the scene since late last week.

    So far, the software appears to be working for me -

 

    ...looking forward to more building some experience here.

 

-Chicago

New faces/names !!! Welcome guys to MinCoinForum !!! Home Of The #1 Crypto-Commodity [MNC]

Glad to have you here, please take a look around and don't be afraid to ask questions and start new threads !

I backup wallet.dat in my wallet, then reinstall wallet and try to recover mincoin but , wallet create new file without  mincoin.how i can now to restore my old wallet.dat

Still not sure exactly what you did. Need more details. Please list every step. Example: "Step 1. Run/Start MNC QT, Step 2. Click "File" > "Backup Wallet, Step 3. Assign File name & Save to location....

I backup my wallet.dat and i try to restore coin but wallet has stop working.

Can you give more details please? Post all the steps that you took from start to finish?

Well hell you know I knew that for a minute the got swamped in acronyms and I think confused myself. Crap that explains a ton /facepalm

https://btc-e.com/exchange/nmc_btc

 

https://btc-e.com/exchange/nmc_usd

 

https://vircurex.com/main/index

 

Vircurex I'm not super familar with but it looks like if they list MNC/BTC rate and offer an address generation I should be able to xfer MNC there and trade for BTC.

Ok, so....you do Know that is for NMC (NameCoin) right?

The destination address I'm trying to hit is Mw9nRZqroyVDfbu7hJbY2CMCXdy9mb9Jp8 which came from one of those sites after hitting generate address on MNC so pretty sure it *should* work. The other address target has the same issue =\

I am not aware that btc-e.com or vircurex were even trading MNC? Can you please link me to their MNC trading page.

Hi.

 

 

Current value 1x MNC = 0.00047007 BTC

 

What do you guys expect to see in 

 

1 week

1 month

3 months

6 months

1 year

 

When to buy, to hold and to sell?

 

Lets get some opinions going

I'm a long-term holder, but I do trade back and forth with small amounts (mostly to try and increase my holdings). I try not to show my hand too much when I'm buying as people/orders will start piling up in front of me and that is a bit annoying to say the least. I really don't want to give buy/sell signals, but if you are nimble and watch prices enough you can get some pretty low priced fills when a 5-10k holder decides to dump.

Hey Folks,

 

I'm trying to move some MNC around and in my wallet the address that was generated by BTC-E.com as well as vircurex.com aren't recognized as valid destinations =[  is there something I'm not getting or should it take multiple days (BTC's address is over 2-3 days since created) before it propagates through the network?

 

I'm not going to empty my wallet but if someone posts their address I'll even try sending you a fractional coin just to try to test this out because I'm getting so frustrated!

 

Any info is appreciated!

Are you confusing a btc address with a MNC address? Also, make sure if you are doing a copy/paste of an address that you don't have extra spaces or miss any characters.

Hi.

 

 

I joined here a couple of days ago and since i then not 1 new post have been made, 

This coin will slowly die out if it is not promoted and worked on. Only value i see in this coin right now is that it is listed as a non scam coin, but that will only keep it alive for so long.

 

How about blowing some wind in to the sails and start trying to reach the masses? 

 

I have the time, energy and skills to start connecting the dots for this coin. but its not a 1 man job!

 

Do not ask what Mincoin can do for you, ask what you can do for Mincoin!  

Well outside of me being out of town for the past 5 days (Thanksgiving Holiday = limited internet access) it seems some of the MinCoin supporters have fallen off a bit lately on posting. That being said, over 1,900 posts in the first ~2months the forum was live is actually pretty dam good But, I think some people got burned out a bit. As for stirring the pot back up again....you have my blessings

Stock up now, we all know what happened last time MNC got this low!

I want btc to hit $1kusd, then we will see bottom basement pricing for MNC

Anyone want to just sell me 100K MNC now at 0.0001 and cut the chase?

Welcome to MinCoinForum Don   Home Of The #1 Crypto-Commodity !!!

I would buy mincoin by paypal, if anyone is interested I paid 20% more in value this mcxnow, send pm

Most people here (I anticipate) don't trust PayPal because it is possible for you to report the transaction as never occurring. Thus Paypal will refund you your money while you actually received your MNC.

 

If you want to do a fiat to MNC sale, I suggest doing it locally, using an escrow, or going first for someone else in sending them a Western Union or some other non-refundable fiat transaction.

 

Good luck!

I would buy mincoins with paypal but i surely would not sell them to a paypal buyer. lol.. yes paypal does chargebacks.

Yeah, tough going trying to get people to sell crypto's for PP. To bad really, it could be so dam convenient.

I am very new to Cryptocurrency bu! I am very high on Mincoin 

Welcome all. Great to see a lot people who will surely have bright futures. (mincoins)

Welcome to MinCoinForum guys !!!

Plenty of threads/posts and topics for you guys to check out here

Enjoy!

In this thread, I hope to lay out a concept for a way to exchange MNC for giftcards redeemable both online and at physical store locations.

 

It is my opinion that exchanging MNC to giftcards would provide the quickest, most legal way to redeem an alt-currency for something rather identical to fiat.

 

Q: Why is it the quickest?

With a little bit of automation, it is possible for a customer to send MNC- either from a client or from user to user on mcxnow- within a few minutes. Once this transaction is verified, an Amazon giftcard could be purchased in fiat by the business and emailed to the customer. The customer could then redeem that giftcard and spend it at a USD value equivalent to a person paying with a debit card.

 

This has multiple implications.

 

1) A bank account is not required on the customer's end.

No centralization, no arbitrary waiting periods and fees, no personal information, no seizing of assets.

 

2) Since giftcards are not "true fiat" (more below), the business operating this exchange should NOT be required to register with the gov't as a money exchanger.

This is because when you pay $25 for a "$25 gift card", you are paying for a "ticket" to purchase the equivalent of what the store values to be $25. You don't own $25 USD that are backed by the FDIC and a bank when you purchase a gift card. You own a piece of plastic redeemable for whatever is printed on it- it's up to the merchant to accept it or not. Since they were the ones who printed the card, it's probably in their interest to accept it!

 

As a result, this service would be of interest for anyone who is looking to go from MNC -> fiat -> physical goods, as I suspect very few of us out there are interested in holding fiat for a long period of time as a wise investment decision.

 

Q: Why not just make stores that accept MNC?

You do it, then. Until someone has the resources to match the distribution of Amazon, or Applebee's, or Newegg, this system makes the most sense in my mind. It is nice to have small shops that accept crypto, of course! But I don't see these ideas as mutually exclusive.

 

Q: How high would the premium have to be?

That is up to the business risking their fiat short-term to decide. I think while MNC's price remains unstable (0.0015-0.0029 is not stable), a reasonable premium would be 5-15%. It depends on the orderbooks, the status of whales in the market (pumping or dumping?), and the need for the business to cover expenses. There is no overhead in this business model, unless the business is doing some of this on credit. Then they would need to dump a percentage of their coins to cover expenses.

 

When MNC price is stable (whales identified, mining hashrate stable, more competition among services and exchanges), then the premium should be as close to face as possible.

 

Please reply/pm/email me if you have any questions about this content!

Hey buddy, any progress with this concept?

The total number of nodes is important, of course, but it really only takes maybe 2-3 permanent, trusted nodes to maintain the whole network, as far as I know.  As more open-ported miners/clients stay running, people will start to get lists with a lot of nodes, but many of them will "expire" as computers shut down or ports close, etc.

 

The ones noted by SuperTramp are nodes set up to be permanent, so you don't have to worry about them getting turned off on the fly just because some miner decides to turn off his computer, for instance.

 

Specifying trusted/stable nodes is just a way to force looking at those IP addresses for nodes.  The client will start finding other nodes as it keeps running, if they exist.  

 

One benefit of a bunch of nodes and client connections is in downloading the blockchain, I think.  The more, the faster.  (I'm pretty sure on that, anyway.)

Just to add to this ^

I run a node 24/7 with ports opened and forwarded on my router and I currently have 63 connections. I also had my node IP hard-coded into the latest MNC GUI build for added

network stability/connectivity. There were also a couple other node IPs hard-coded into the last build (mincoin-gui-client-qt-v605/) and this is why most people are getting 4-5 connections now on their MNC client upon start-up

that is where you are wrong, its the Hawaii architexture

 

you are thinking of the 280 which is Tahiti

 

it has true aduio (not in the 7k line) and uses GCN 1.1 rather than GCN 1.0

This is AMD's new line of high end GPUs ? Am I in the stone ages already with my single 7950 ?

Hold on! Bright future will come;)

To hell with merely "holding", with prices so low I have been buying

Do you have any ideas how will look like future of MNC?

 

Maybe you have some ideas how to propagate Mincoin?

We need a couple of MinCoin only services. We already have www.mincoinads.com which is great, but we need a couple more services that only accept MinCoin as a form of payment.

 

Whoa, looks like the difficulty just recalibrated. It jumped from 8.583 down to 1.145, but then the blocks started flying in too quickly—a dozen or so per minute...

 

At this low difficulty, 60 new blocks were mined up in just a few minutes, triggering the next difficulty recalibration, which jumped it up to 2.145, where blocks were still coming in too fast... ~8 per minute. So again, in just a few minutes another 60 blocks were chained and the difficulty recalibrated again, now up to 4.292, with a network hashrate at over 2000 Mhash/s, soon dropping to ~1740 Mhash/s, and then up to ~3426 Mhash/s (according to mnc.vircurpool.com) all within a matter of minutes...

 

This seems pretty dang volatile right now... =T

 

EDIT: By the time I submitted this post, the difficulty level had actually risen all the way back up to 8.583 again, and now the're 20+ minutes between new blocks... =[

 

Yeah, it can be a bit crazy at times, especially when MinCoin/bitcoin rate increases or decreases dramatically in a very short period of time. When MinCoin price moves up very quickly multi-pool jumps on the network and hammers it with like 2GH, then they hop off as soon as % profitability decreases in relationship to mining other crypto's. This leaves us with a very high Diff and a low supporting hashrate

I think this Community Forum Software is the sleekest, prettiest, easiest, clearest forum interface I've ever used. Am I wrong to be so impressed with it?

Thank you!   I like it too (obviously), I think it is more professional looking than the SMF/Simple Machines software suite that bitcointalk uses and I already had some experience with it

being a Mod on the microcash forum.

Maybe we would have to call it a raffle if the server and company were located in the United States, but a mincoin lottery or raffle would be great.

 

To start, we have to assume that not many people would be using the service, so we'd want to make the total possible combinations relatively low.

So I suggest 3 Balls with a 29 Range (ex: Ball 1: 5; Ball 2: 27; Ball 3: 16)

The math for this is:

        29! / 3!(29-3)! which simplifies to 29!/6(26!) which equals 3,654 possible combinations.

 

The way it would work:

A certain amount of MNC (maybe .01, maybe .1, or whatever) gets you one "ticket".  You pick your numbers for your 3 balls.

We could do hourly drawings, and if after a drawing no one has picked the correct numbers, the MNCs go into the next batch, in the same way regular lottery works.  OR we could guarantee a winner every drawing.

 

IDK, it's something to think about.  I don't know if enough people would be interested in doing it.  But, let's talk about it.

Anybody else?  Would anyone use something like this?

I think I could be interested in something like this. It would have to be implemented by a transparent and very trustworthy setup though.

This sounds like a fun idea. I'm interested.

This is a reason why most people prefer mainstream coins

Yes, until our community grows more and we get more dedicated miners this is going to be an issue from time to time. When MinCoin moves up in price rapidly multi-pool hammers it with huge hashrate. Once the % profitability goes back down in comparison to other crypto's then multipool backs off and we are left with a very high difficulty and not enough hash power to maintain the target 1min/block/confirmation time.

Hey, I'm glad to be here.  I started mining bitcoins back in mid 2011, when my 5850 could generate me one BTC every week or so.  Long story short, value shot up from 30 cents to $3 and then $20 when people in China jumped on the bandwagon.  It got to where the difficulty level was so high that I could only mine maybe 1 coin/month.  So, I stopped.  I wish I never did.

 

Anyway, about a month ago, I was looking into bitcoin, and discovered this whole new wonderful world of cryptocurrencies, especially coins with the scrypt algorithm.  With my new PC already having 2 7950s in it, I decided I'd start again, mining as many of each coin as I could, in the hopes that if even one or two coins took off, I'd have a payoff within a few years.

 

After about a week of mining and research, I realized that there are a lot of terrible coins, so I picked 5 that I would mine.

 

3 weeks later and now I'm mining 20 different scrypt coins (but 90% of my mining time goes to only 5 coins).  I'm glad to say that mincoin has become one of those currencies.  I'm using a pool now, and will browse the forum to see if I can find any better pools.  I prefer to solo-mine; after hours of tweaking the cards, adding cooling, and finding the right flags for cgminer, I get very few stales.  However, I only like to solo mine when I can find "the average" block within an hour.  With mincoins, even with 1.3MH/s, it would take ~4 hours to mine a block, not accounting for luck and variability.  Having said that, this is a coin I cannot (at present at least) solo mine.

 

Anyway, I just wanted to introduce myself and thank the developers.  I'm going to browse around the forum a bit, see what else I can learn.

 

Cheers,

-ssj4mo

Hi all. Nice forum and glad I found my way here. 

Hello to all mnc businessmen!    great forum with great informations!

I love altcoins forums, and loving this one!

hi

 

 

i am coming

Hi

 

I'm new here

Welcome all new comers!!   Glad to have you at the home of the #1 Crypto-Commodity [MinCoin] !!!