FYI
In recent weeks, the crypto world is not easy. It strikes me that some coins almost have no movement in their threads.
Lots of coins will die this year.
But it is remarkable that the value of the Magi slowly rising. In an undulating motion.
Remember month ago value of 1 XMG was between 4k & 6k Satoshi.
I had reckoned that Magi will again arrive at that value. But that is not yet on the agenda. And will perhaps not happen.
The interest in Magi is increasing.
This has advantages and disadvantages.
There are people who want to get their share and will try to arrange this in many ways.
Examples are the scammers in IRC asking for BTC to pump Magi. For this they use look-a-like nick-names from our Magi-team or community and ask other members these questions pm in the IRC.
Magi team will never ask for a donation to that cause.
And if Magi-team ask for a donation that will always happen open and never pm. Also, Joe, and i and perhaps other members have been approached by other currencies. Requests to collaborate or to develop something for their coin. We also see more and more new people who post in our original thread. It is fantastic to see. But we have to stay alert here.
Some people/coins see Magi as a competitor and will try to provoke or repeat discussions.
The big difference of Magi is the power of the community.
Coins are depending on their community.
The growth of the Magi tells us that the Magi is a long term coin
Before a coin gets more value marketing must be good.
This takes time and is not just dependent on the block reward.
Magi has many members which do not use forums! Divercity makes Magi stronger.
Something personal: For me Magi is a unique coin with a much higher purpose than at present. I myself are not a miner. I invest only and have been fortunate to have several investors help. (Proof of Interest) The investments are usually returned to the community. I think anyone who currently owns XMG will not have to be too worried about the value. The value is still not something that we want it to be.
But as said before this takes a lot of time. Looking at all the coins we see coins that slowly grow stand much stronger in the market than fast risers do. Sure we can use our investments for expensive marketing or pay for a spot on Cryptsy. But the past has shown that this way is not successful.
Yet even looking at the bitcoin, the growth of bitcoin is successful because of the community behind it.
Many enthusiastic people have invested time, knowledge and skills in the grow of Bitcoin.
I myself am very proud of what The coin of the Magi reached within this short period. The unique campaigns, the standalone payment gateway and the other awesome developments that have been there or will be to ensure a bright future.
After this long text, I can only say: Do not ask what Magi can do for you but ask yourself what you can do for Magi.
(famous statement
)
If you have specific knowledge or skills use it to help promote our unique Coin of the Magi.
Activity always get rewarded!
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