I have a few deposits to Bittrex already waiting for hours now.
They stopped at 4/30 confirmations.
Very strange, the first one of three deposits was sent hours before the other ones and had already 3 confirmations.
Now they have all 4 confirmations. (for hours)
I guess Bittrex is fucking Magi at this moment, so be prepared on a major pump done by the staff of bittrex.
I would not buy anything now above 5000, just wait until tomorrow, be prepared.

So took some time to look at the order book on Bittrex and the charts. (Bittrex only goes back so far).

It's relatively sideways trading... which tells me and is an indication of slow accumulation by a small handful of buyers. Buying small amounts over a long stretch to not increase or spike the price.

There's a single sell wall at 0.00005000 that is actually getting chipped away at.

Anyone holding that many coins (about 1/4 has been chewed off already); wouldn't just leave that wall there losing potential profit at higher price points.

So the sideways trading (clear accumulation indicator and the sell wall at 5000 Satoshis) are two clear indicators that large holders want the price to remain low. The reason, to buy low. And keep accumulating as many XMG at low prices until the price goes up. (They remove the sell walls/hardfork is released/new features announced/etc).

But this is just basic trading logic; no inside information - I just got this from looking at the books and charts.

Will be exciting to see what comes along with the Hardfork ahead...

Cheers!

Strato

In regards to the Hardfork / POS, we will obviously have to wait and see what the Dev Team Rolls out; but the Hardfork was planned; and MAGI already implemented a POS-II Proof of Stake Specification in its generation model. So I would think POS would be included at the very least, perhaps there's a surprise in store, only time will tell.

In regards to Bittrex increasing its confirmation requirements for MAGI deposits, I think it may be a combination of the fact that they are clearly overloaded at the moment and going through growing pains as they've seen a huge influx of new traders start using their services. They've since tightened down a bit in terms of withdraw restrictions, verification on accounts, minimum order requirements - all of this plus MAGI not being the only coin to see an increase in required confirmations before balances appear tell me they are simply "putting the breaks on" a bit, to slow down support requests, number of trades, etc. Also factor in the fact it's the Holidays. I don't think the increase in confirmations is a red flag, simply a reflection of the overall marketwide shift we are seeing with Bittrex as they upgrade their servers and software and start allowing new enrollments.

I'm personally bullish on MAGI, but most who know me I have an affinity for CPU based / ASIC resistant coins. MAGI has a lot of potential.

- It's a well aged coin, launched August 2014. (The Average/Median Coin Age on Bittrex from Coin Launch to Date is Jan/2016).  Putting MAGI deep into the "well established" side of the spectrum of coins listed on Bittrex.

- It's current price point is around 0.00004000; which is typically the sweet spot when coins start to take off. (The top 30 Coins on Bittrex for Top % 24 Gains usually have a median price point of 0.00008000) putting aside high priced or single/double digit Satoshi coins.  

- The Dev Team is Active, and the community knew POW was coming to an end after it's long and successful POW run. We're in the middle of the holidays so I think we'll just have to wait and see, as any rebase of the coin's code / daemon will have to be timed properly because all of the exchanges will have to implement the new software on their servers (And Bittrex is a clear signal that exchanges are swamped right now).

-Looking back on the last few months of this huge rise in crypto prices, the long established coins are now appearing to be clear winners alongside the newer super hyped coins- they hold up. Doge is a great example which I recommended on Reddit a few weeks ago saying it was a solid buy between it's then current 30 Satoshi Price and Under... Now it's 70.

- Certainly no crystal ball here... but MAGI seems to me to be in a prime position to be a coin that could see a multifold (2x, 4x, 10x, 20x) price increase over time; depending on what the Dev rolls out and where BTC's price to fiat goes from here. Simply saying it's high on my short list of contenders.

Looking forward to seeing what is to come.

Merry Christmas All!

Strato

Normally bittrex needed 6 confirmations, taking around a few minutes.
Now bittrex asks 30 confirmations, with one confirmation almost every 10 minutes,
taking around 5 hours to deposit to bittrex.  

suprnova goes off

Do we have only the minerclaim left?

I didn't ask if their platform is safe. I asked where my coin went, and if there was a possibility to cash out before I reach 1 XMG mined.

My balance on MinerClaim keeps seeming to dwindle down. I had about half a coin, and now I only have 0.352466... Is there any way to manually override the 1.0XMG minimum cashout rule? I don't want to lose anymore of my coins.

soon like in 1 hour or soon like in next week ?

Any update on the testing

How soon will we back mining ?

Well, Magi lost $ 0.10 since yesterday.

good luck with the tests. hope all will be fine soon so we can burn some electricity and gain some coins again

newbie question. Do i need to withdraw to my wallet on my mac the little bit of coin i have on minerclaim before the HF, or can I just leave it there?

Any prospects as to when hard fork is going to happen? At least rough idea?

I would if I were you - just to be on the safe side.

I always hold off on transfering coins around hard forks =) I guess that's why Magi is also offline on trex

Sounds fine to me Joe - thanks again for all your hard work

what exactly will be required from our side after the hard fork? will we have to update our wallets or will we have to resynch the blockchain from scratch?
or... nothing? 

I sent my XMG from suprnova to Cryptopia
before about 15 minutes
suprnova say OK
but Crypropia say 0.000000000 :-)
Do I hve to do something else?