I like the statement cause it shows their dedication to the project and counteracts any accusations that this is some scam. If it were, wouldn't they do everything in their power to appease the investors (i.e., doing the fork, being available 24/7 for investors, making outlandish claims, etc... ) and then dump all their coins on us? It shows they have guts and determination to stay focused on what their mission is...which is NOT simply to make us money. It's kind of like a tough love relationship.  We want to be comforted and know everything will work out in the end and they are like, "bitch, let me get back to work and handle business." I like that. We should be investing in their goals, purpose and visions for Maza...which are far better than 99% of other Alt coins out there.  

Instead of us looking at the immediate financial reward of a hard fork we should look at the value of their actions and invest in that. There was a massive sell off last month because of their bad actions or in-actions for that matter when people felt misled and there were a bunch of PR problems. So we should equally reinvest when they issue a statement like this...I am.  They are saying what they've been saying, which is they are fighting for Maza each day to make it widely accepted by tribes. That's what I want to hear.  

Think of it this way; we invest in the vision and mission of what Maza can become and in turn the price will go up. We can't just wait for the dev team to make an announcement or a news story to spark us to invest. Maza has a purpose. We all should be happy that the dev team won't cave into what that main purpose is. If that statement doesn't say they are serious about Maza being the future for tribes, I don't know what else will. Tribes should be grateful that the team won't cave into investors' needs. That shows Maza can be a stable, viable currency for them.

I think we will see at least 1k sat within the month of May. I also think that will become the new bottom for this coin and it will only go up from there. I'm snatching up as many as I can at this price. We've tested sub 100 several times already and if the coin was ever going to die than that would have been the time to do it. So being that it didn't die when it hit sub 100 and dropped down to 60 sat, I have to take the whole "this coin is dead theory" and disregard it completely. So when you look at buying right now, there really is no downside and only upside...many, many times over. I think this coin will start gaining momentum and then skyrocket again. There is just too much purpose behind it to do anything but.

Again, if the coin was going to die it would have when we saw that big sell off. The market has spoken that the coin isn't going anywhere so why not invest in something that has little chance of dropping further and a huge chance of gaining in value?

Yeah the sub 100 mark was tested several times yesterday and rebounded nicely each time.

I snatched up some from that dump. Approaching 3 Mill for me. So cheap right now so even if it drops to unrecoverable levels, I don't get hurt too much.

We rebounded really nice after going sub 100 to around 70-80 sat. About 3 BTC sold down to that level. Levels are exactly back to where they were before it happened (around 110 sat). The 100 range does seem to be the true bottom as we tested it with a rather big sell off (relatively speaking of course) and the buy orders brought it back.

We are now sub 100. I had to buy a couple BTCs worth at these prices...they're just too low to not take advantage of. Yes, it is a risk but the rewards could be great. If I'm wrong, I don't get hurt too bad this time around being its only a couple BTCs.

I said it earlier and I'll repost what I said in reference to how the importance of outside valuation is (i.e., from the investors):

I think you're dead wrong with the assumption that the tribe will set the "real price" of the coin, and here's why: Say they have a grocery store and someone wants to buy 1 weeks worth of food with 80 maza lets say, the whole supply chain would have to agree on such a price for it to work. So what this means is the grocery store pays for their supply of goods from outside vendors and distributors, who would have to agree to the maza standard and accept it's worth. Then, they would have to pay the individual food brands who supply the store in maza who would have to pay their workers in maza, etc...   

The whole system breaks down immediately because if I want to buy a loaf of bread with 1 maza lets say, the store who is selling that loaf to me actually paid USD for it from their vendors, and so on and so on. The entire chain of supply would have to acknowledge to a universally standard of what 1 maza is really worth. Otherwise, the store clerk would say, "wait a sec, we just paid $1.50 for this bread in real money and now we're selling it for something worth less than a penny?"

Correct me if I'm wrong here, but I think adopting a different standard for the worth of maza outside of what the market says is completely pointless, because the supply chain simply won't allow it. Now if you have two people who independently create something and sell/trade with each other, then yes, they can price 1 maza for whatever they want. Once you add in outside factors of the supply chain, then you would have to convince each and every factor to adopt the "real price" according to the tribe.  The supply chain extends to everything you could think of...buildings, streets, schools, food, gas...whatever. Each industry has multiple supply chains and countless companies who agree to the USD value of goods and services. I highly doubt anyone of those checkpoints in the supply chain are going to spend millions of USD on supplies or services and get paid on the backend with the "real value" of maza. Sure, they can get paid with maza, so don't get me wrong there. But the price of each maza will solely depend on USD market value.

So, it truly is the investors who set the price of the coin and not the tribe saying, "No, Maza is worth $1 each on the reservation." It doesn't work that way because 99.9% of the supply chain works outside of the reservation to produce the goods and services to bring into the reservation and as such, it spends USD in doing so.

Again, please correct me if I'm wrong.

I think you're dead wrong with the assumption that the tribe will set the "real price" of the coin, and here's why: Say they have a grocery store and someone wants to buy 1 weeks worth of food with 80 maza lets say, the whole supply chain would have to agree on such a price for it to work. So what this means is the grocery store pays for their supply of goods from outside vendors and distributors, who would have to agree to the maza standard and accept it's worth. Then, they would have to pay the individual food brands who supply the store in maza who would have to pay their workers in maza, etc...  

The whole system breaks down immediately because if I want to buy a loaf of bread with 1 maza lets say, the store who is selling that loaf to me actually paid USD for it from their vendors, and so on and so on. The entire chain of supply would have to acknowledge to a universally standard of what 1 maza is really worth. Otherwise, the store clerk would say, "wait a sec, we just paid $1.50 for this bread in real money and now we're selling it for something worth less than a penny?"

Correct me if I'm wrong here, but I think adopting a different standard for the worth of maza outside of what the market says is completely pointless, because the supply chain simply won't allow it. Now if you have two people who independently create something and sell/trade with each other, then yes, they can price 1 maza for whatever they want. Once you add in outside factors of the supply chain, then you would have to convince each and every factor to adopt the "real price" according to the tribe.  The supply chain extends to everything you could think of...buildings, streets, schools, food, gas...whatever. Each industry has multiple supply chains and countless companies who agree to the USD value of goods and services. I highly doubt anyone of those checkpoints in the supply chain are going to spend millions of USD on supplies or services and get paid on the backend with the "real value" of maza. Sure, they can get paid with maza, so don't get me wrong there. But the price of each maza will solely depend on USD market value.

So, it truly is the investors who set the price of the coin and not the tribe saying, "No, Maza is worth $1 each on the reservation." It doesn't work that way because 99.9% of the supply chain works outside of the reservation to produce the goods and services to bring into the reservation and as such, it spends USD in doing so.

Again, please correct me if I'm wrong.

lol, I do have mzc...a lot in fact. I'm trying to have an open discussion here. If you feel its best to leave certain questions off the table then I rest my case. I haven't brought up any FUD here, just concerns that I have and that we should all have. Nothing more, nothing less.

Today Payu said President Brewer "sold out" but thing is he never "bought into it" in the first place. It was all a lie.  

Sadly enough, I agree with Herp here too. It doesn't seem like the council or tribal leaders were ever really behind Payu/Maza, thus, it was easy for them to break ties/distance themselves.  It wouldn't make sense otherwise.

For all of Herp's weird conspiracy theories I wouldn't be surprised if this one comes true due to what's happened today with the "announcement."

I'm not concerned about any articles at this point. I have a lot of doubts now cause of the way Payu openly accused the tribal leaders of taking bribes and indirectly admitted that Mazacoin doesn't have their support now because of such bribes. True or not, you cannot expect any tribe to take the coin seriously when another tribe's leader decides against the coin and gets called out for taking bribes. It's just bad business for him to go that route. I also take issue with the fact that he didn't make some sort of formal announcement that the tribal leaders/council will not be endorsing the coin anymore. Instead, he just randomly posts on twitter about them abandoning Maza due to bribes and citing an article a couple days ago. So he knew about this for some time but only now cares to tell everyone?

Well right now the coin has absolutely no direction without the Lakotas in the picture, which they're clearly not.

I agree! You don't go around slamming officials (whether true or not) if you want to be taking seriously. Other tribes will not take kind to this.

No kidding, he's talking about people's paintings right now. It's like he has no idea what he words and actions (or lack thereof) are doing to the coin.

I agree. For weeks I've held onto the idea that there will be an actual implementation of this coin into the tribe via council approval, etc... Now that is completely gone and he doesn't have a solid plan now...just feel good fantasies of what it could do. At this point all I hear from him now is, blah, blah blah.

You mean aside from Payu just totally bashing the President of the Lakotas by saying he's taking bribes and that he doesn't support Maza now because of such bribes? Whether its true or not, you cannot run a successful business this way...by bad mouthing the heads of tribes. What are the other tribes going to think of this practice?

This is probably why he hasn't been concerned about the price and the premine...because he knew it wasn't going to be implemented for the Lakotas, thus, the price doesn't matter at this time. I'm pretty upset that he probably knew he didn't have the President's support for several days and said nothing about it. And then he doesn't make some kind of statement about it except for some off-hand accusations that the President is taking bribes for not supporting Maza.

Honestly I can't believe I invested in his endeavor which is now taking a 180 degree turn.

So Herp hacked his account? He is openly admitted in IRC just now the President of the Lakotas and other top officials are taking bribes. WOW! I think getting "Official" Lakota support is gone now for sure. What is he doing?