Wednesday, February 26, 2014

How to 'Mint' ... and watch for the next 2 Mintcoin halvings through March

After the initial blast-off, Mintcoin has now settled around 40-45 satoshi and is holding firm. Watch for late adopters to buy in and move the price, even before the next halving (of which there are 2 more coming) where the prices are likely to surge again.

The steady charts are proportional to the drop-off in volume since everyone is holding (or 'minting) these coins right now because of how POS (Proof of Stake) works. You can either mine a coin to generate more, or hold a coin in your wallet for a period of time. The latter is similar to receiving interest at a bank, and Mintcoin will deliver a WHOPPING 20% interest.

You will need to hold the coin for at least 20 days in your mintcoin wallet to be eligible for it. Transfers in and out will void and reset the clock!!
Here is the official Mintcoin thread  (just click 'skip ad' in upper right to visit thread)
The steps to start minting would be:

1.) Download the mintcoin wallet from the official thread above
2.) Open an account on Coinbase to transfer USD to BTC.
3.) Send the BTC to an exchange like Cryptsy to transfer BTC over to MINT
4.) Transfer MINT from Cryptsy direct into your wallet.


*When you open your wallet, you have to let it 'sync' with the block chain, this takes a while and you will watch the blocks catch up. There will be a mint address generated within your wallet,  which you would use at Cryptsy to transfer that MINT to your wallet.

Early adopters stand to gain big, start minting!

Monday, February 24, 2014

China buying bitcoins like a rabid Doge

http://fiatleak.com

^^^much wow, very not-dogey^^^

Next 2 weeks to be a wild ride ... China buying BTC like nuts ... NY Times about to land a blow with the Mt. Gox story in tomorrow (today's) paper... if you've got bitcoin anywhere other than Mt. Gox since they're kaput then stave off a potential drop in value tomorrow and buy MINT ASAP...

Mintcoin will be the only coin with a real long term outlook @ 20% interest per annum ... not marketing the coin, just look at the market movement! Heads up and fair warning!

BTC heading to $100 or $1000?

No one home at Gox ... looks like this:

Over at Coinbase, business as usual but you'll temporarily have to wait for new BTC purchases.  

Even with the recent joint statement by world bitcoin exchanges, there is likely to be a flurry of bad news throughout the Crypto World regarding "Trust".

What could this mean for BTC and LTC?

How will this impact the future world of digital currency?

If they are finished due to what seems like insurmountable reputation damage ....

What or Who can take their spot?

What alternative crypto-currency could possibly do this as a long term viable currency?

THE ANSWER IS....

#MINT

20% interest per annum for holding the coins.

No other coin offers it.

Many altcoins that finish mining will adapt to POS (Proof of Stake). This is where interest is earned on the coins when kept in the wallet for a specified period of time. Move them to an exchange, the counter resets.

Let's presume you own 100,000BTC and could only withdraw a certain amount a day ....and did not want to disturb the market?

You would buy alternative coins to balance out the difference.

Only problem is?  Alts are trading off the underlying platforms...

March 15th .....keep an eye out. Unseen hand just might make MINT the next BTC.

Once the MINT/USD market opens, so will the flood gates ...

All that will be needed is a joint statement by owners regarding proper protection and ethics. If Mint steps to the plate, with names, faces, trust, hard work, and no screw-over job this coin will fit the bill, as long as it could trade in $ , euro, yuan ... and it just hit Bter, expect Asian markets to pick up quick.

The next useful hedge in the fiat world.

Time to MINT!

The Future Is Bright for Altcoins...

Joint Statement Regarding MtGox

Feb 24th, 2014
The purpose of this document is to summarize a joint statement to the Bitcoin community regarding Mt.Gox.
This tragic violation of the trust of users of Mt.Gox was the result of one company’s actions and does not reflect the resilience or value of bitcoin and the digital currency industry. There are hundreds of trustworthy and responsible companies involved in bitcoin. These companies will continue to build the future of money by making bitcoin more secure and easy to use for consumers and merchants.  As with any new industry, there are certain bad actors that need to be weeded out, and that is what we are seeing today.  
We are confident, however, that strong Bitcoin companies, led by highly competent teams and backed by credible investors, will continue to thrive, and to fulfill the promise that bitcoin offers as the future of payment in the Internet age.
In order to re-establish the trust squandered by the failings of Mt. Gox, responsible bitcoin exchanges are working together and are committed to the future of bitcoin and the security of all customer funds....

Sunday, February 23, 2014

Mintcoin doubles its value in 24 hours ...

Massive surge into Mintcoin at the moment, just doubled:


Follow on Twitter: @CryptoCoinDaily

Saturday, February 22, 2014

Mintcoin poised to explode?

Considering the latest news, might be wise to get in on Mintcoin while its cheap ... quickest way to acquire is to set up a Coinbase account, transfer USD to bitcoin. Set up a receiving bitcoin address at Mintpal where you can transfer into Mintcoin.

Score a million coins around $80-100. This coin will be halving twice in the next few weeks and could easily go up 5x its value or more. It's not dropping below .00000010 again! Long term potential with a POS/POF system, not to mention just holding onto them bears 20% interest annually.

Best of luck!

Thursday, February 20, 2014

Bitcoin Stabilizes Admist World Market Uncertainty

<!– google_ad_section_start –> Where's Bitcoin headed now? After the recent silk road 'redux', it's likely to remain stable where it is, between $500-600 USD ... since the open source bug which caused the latest heist has largely been resolved. It will have to take something bigger than news of outright theft of Bitcoin in order to make it drop lower. That would have to be BIG news in order to have a real effect. With Mt. Gox out of the picture, there isn't much standing in the way of a steady climb into the future.

If we see major downswings in standard currencies, Bitcoin will likely regain upwards volatility. Add to that world markets have been inching closer to bank runs lately.

Although Bitcoin's penny stock days are over, investors will continue looking for financial refuge. Altcoins are going to look a LOT more attractive in the future, just more of a 'when' than 'if' question. <!– google_ad_section_end –>

Promising Future For Quark, Devcoin

After watching the ups and downs of 'Alt coins' for a few months ... these are beginning to shape up as promising future currencies. Devcoin, due to its growing user base ... and Quark due to its scientific backing as an actual viable future currency. Will be interesting to see how these two will develop with respect to the meme-based Dogecoin, which gained amazing popularity in the last few months.

TIP: If you have absolutely nothing, you can start building free coin accounts now before a coin catches fire ... plenty of free micro faucets available, here's one of the best free coin account faucets for getting multiple types of crypto currencies simultaneously added daily to your account balance. Hoping to add more good ones soon.



HOW To Take Advantage Of The Impending Explosion. Get Free Crypto Coins Daily.

<!– google_ad_section_start –> ALERT! With over half a dozen countries either starting or showing the signs of bank runs, it's best to keep a close eye on the currency markets. The latest news from Ukraine may be a major financial importance to world markets, and may be the tipping point in the months to follow.

Please be aware at the time of this writing there is an impending rise of crypto currencies taking place. We are already in the early stages right now of the influx of new investments pouring into alternate currencies, which is predicted to spike in just a few years (maybe sooner). People are starting to become more conscientious, they're asking questions about what is going on, and once they understand how the crypto market works there will be a shift.

Bottom line ... crypto currencies are here to stay. They are slowly beginning to present a realistic, viable alternative to investors as new avenues for 'financial refuge'. What this presents is a GIANT opportunity for early movers ... and for those who start building their currency accounts now!

Here is a current free method on HOW you can get free coins without 'mining':

1.) There are lot of crypto coin 'faucets' that will deposit micro-amounts. The following link is for a fantastic coin faucet where you get your own secure account ... and receive crypto coins daily on auto pilot for MULTIPLE currencies! You get everything from Bitcoin, Litecoin, Feathercoin and more, all added daily to your account balances. In one word? Awesome.

Click here and sign up with your email to start receiving free coins right now. You'll learn exactly how you will get free crypto coins daily.

Here's how to make a LOT more by following the 2nd step below.

2.) I will show you WHAT you need to do right now to make anywhere from $25 to $500 (or more in the future) per hour and HOW to do it.


Sign up for our Crypto Insider Newsletter:



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You'll receive an email with the details, and I'll let you know which coin out of the entire 130 crypto currencies currently available will allow you to do this.

In summary, if you've been following the market then you likely know a lot about what is taking place. Many people are trying to figure out how to get a good slice of the crypo currency market without breaking the bank (since crypto currencies continue to be volatile).

However ... as more people find ways to make them accessible to the general public (like creating ways to 'tip' people for goods, services, and information like Dogecoin is doing) ... these 'alt coins' are going to skyrocket. Consider them a new form of 'penny stocks' with actual potentials to make fortunes.

Ridiculous fortunes!

Although many folks think Bitcoin has already peaked, and plenty of nay-sayers believe crypto coins will be out of the picture at some point ... guess again. The evidence to the contrary is overwhelming (and exciting too!). Do you know that as I write this, the 1st 100 Bitcoin ATMs are landing in Australia soon? Yes indeed! Get ready for a wild ride and find out how you can get a giant piece of the action by being proactive right now and change your life for the better. <!– google_ad_section_end –>