Pump alert. Somebody is buying the living @#$% out of MEC on Cryptsy. (and it's not me this time )
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Fiat is junk. I hope they continue their reckless stimulus for another 20 years, this is a total dream scenerio for us crypto hoarders.
Yes yes keep those interest rates at nill, and fill banks with fiat. Then we all wake up one day and nobody wants fiat. A loaf of bread costs $40,000 and that same loaf of bread sells for 0.05 MEC.
Keep those printing presses running Uncle Ben, the destruction of the "world reserve currency" depends on it. hah... it seems so obvious that the US dollar is headed full speed off a cliff.
Right on topic, it's just another reason to be smart now and start owning something like MEC that these idiots can't print more of and can't take away from you.
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I just noticed that too LOL... That is <not> me (this time)
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As a test, I've switched 100% of my hash from middlecoin over to solo-mining Megacoin (MEC), even though it doesn't show as the 'most profitable' coin on coinwarz, coinchoose, etc. I'll be sticking with MEC, and here is why. They've implemented a difficulty-adjustment algorithm that crushes big hit-and-run pools, it tracks total network hash like a beast. Difficulty currently stays low enough where it's very mine-able, and still profitable. It's nice to have something you can solo-mine and not worry about difficulty going from 3 to 3 billion (and staying there after the big pool moves out...). Happy mining, to all of those who stay or find something else.
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Congrats on 5-figure MEC, that's great! I would love to hang out and have a few beers and talk cryptos, if I were only a little closer to California. Enjoy the MEC & beer!
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Is anyone else both mining and buying MEC simultaneously? That's where I'm at. Just in case you're wondering where that dumped MEC is actually going. I've got plenty of BTC to buy MEC with, and there are only 18m coins, so keep dumping - it's like the dumpers are doing all of the hard work for me (or us?). I don't mind it at all, I hope the price stays low as the dumpers wallets run dry.
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coinwarz is just a little off hah.... Oh well, it's an improvement, nice to see they are getting off the old client/blockchain at least
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Mow my yard - I pay you in megacoins?
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Yes, I have actually been fairly active in this thread.
You appear to be a little newer to it, so I was not sure if you were aware.
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I constantly have a few MH dedicated to MEC (solo), for what it's worth. I don't care about mining profitability for this coin, more interested in the obvious features and potential rather than what it is worth "right now" Have you seen this [potential] feature? (from the MEC web site) Is Megacoin really anonymous? It's much more anonymous than traditional banking, but nothing can ever reach 100% anonymity. Even if you use cash to buy a prepaid card from a convenience store, that store still has cameras. While no names or ip addresses are publicly attached to the sending and receiving of Megacoin addresses, all transaction history is part of the public record. For example, if you tell others your Megacoin public address, they'll obviously know its you and can look up all transactions from that address. However you can try and mitigate this by creating as many wallet addresses as you like and move Megacoins as you wish. Mixer services are coming to make this convenient for the extra cautious. Megacoin has plans to integrate systems that enhance anonyminity further such as the concept of Zerocoin. And then following on, to this: http://zerocoin.org/Enjoy.
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To whoever dumped ~30K MEC at around 0.00006xxx.... If you're reading this... Thank you
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Did you guys notice the 2BTC buy at 6999 that somebody just put up on cryptsy!?
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If somebody chews through that tonight, I'll gladly help build another tomorrow. Fair warning sellers.
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Nice work to whoever added at 6010 as well. love it.
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All right, I added a few boulders to the mountain. It's as easy as.... 1...2...3...4...5...6..7....
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I'm thinking about stacking on top of Omar's buy wall.
No need of more MEC at the moment, but I think a larger meaner MEC buy mountain would help send a message.
he he...
Who is with me?
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ExCeLlEnT news on the fiat/VC MEC exchange.
Are you at liberty to share the name of the exchange?
I'm curious on which 6 other VCs they currently exchange, and what types of volume they conduct.
Very nice!
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Nice one, I see it. For what it's worth, I saw somebody unload 60K+ MEC on a buy wall like that, just last night. Don't be surprised if you own 100,000 MEC shortly Although I would be perfectly happy with that purchase myself.
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