282% jump on coinmarketcap!
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Cryptsy is the kiss of death for any new coin.
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I was on board with this but I sold I can't afford to lose anymore of my investment. Just know that the amount of coins being produced are going to make it a challenge for this coin to rise fast again. So just know your in it for the long haul.
Indian casinos are a multi billion dollar industry alone. If MAZA got big it could be several times the market cap in fiat as the final $2B coin cap (which won't hit for 5 years anyway)
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Haven't you read up on proof of stake? There have been many massively long threads going into all the problems.
-MarkM-
Yeah, the main problem is crypto kids can't hold onto a coin more than 7 days to earn any interest!
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Whatever you do, DON'T SALE!
Push this up people, this could go insane if allowed to be done right.
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@solid +1 Yes, but aurora market price is NOT price for 10,613,676 coins but for 113k aurora after airdrop will fall more than 90%. True but even if it got to 1/10th of AUR's market cap that would be a dollar a coin. Anyway i'm done fighting the scam accusations, I remember there was this much fud thrown at Doge when it first hit, even more vicious and nasty and claims the creator would dump and sell out, in the end the guy actually turned DOWN a 500k investment offer and the coin continued for months.
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The funny thing is in the end none of this all matters, all it takes is one huge whale with thousands of Bitcoins who wants to get rich(er), saw an opportunity for millions of cheap coins from panic sellers to scoop them up and create some hype. They don't care whether the coin is a scam or not, and even if it is, if the Lakotas start seeing the $$$ rolling in, they WILL adopt it.
Sorry but this is still the most exciting alt to come around in a long while. And I'm not stupid, AUR proved that ANY coin can be pumped to insane levels, and there is no alt at the moment that is more ripe for it than Maza.
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Yeah, leaked emails between Pirate and @BitcoinSachs, excerpts of which were made public on twitter by the @BitcoinSachs blogger https://twitter.com/BitcoinSachsBitcoinsachs also felt he had to come out of nowhere and start talking smack about Premine (PMC), funny how all these whales come out of the woodworks to trash on potential diamonds in the rough that are still cheap, volatile, or not moving.
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Logically you would have thought Harris + team would have had the developer sign an agreement not to copy the look/layout of the maza coin site for any other coins he may make. I mean, there must have been some copyright agreement?
The dev can make whatever coins he wants, but he shouldn't have been able to basically copy/paste the same website + appearance as maza. Perhaps Harris doesn't even know about it.
Its a wordpress site so the templates are all the same. Is it utmost laziness and not good PR to use the same template, probably, but speaking as a graphic designer I know if I can get away with building something off existing resources too I will. Also I will work for anyone and the idea my clients should be held responsible for my personal behavior is silly.
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Saw on twitter
"Someones planning a major pump on mazacoin. Theres been a massive buying of MZC in the 1600-1700 range. Hundreds of thousands of coins."
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fucking idiot dev, if maza scam no one want to buy shit maplecoin
This is what I don't get, trolls apply no logic. If it a scam coin, why is the premine still there? Can't cash out millions of coins on a worthless coin. And second, if a dev tricks a whole community into spending thousands of dollars, his schtick will NOT succeed a second time. Most likely Payu paid some stupid teenager to create the coin, who is not unlike all the OTHER stupid teenagers who infect Bitcointalk and when the teenager started getting mouthy or going off script, he was fired, and then in a fit he went off and created his own coin. Well so be it, hats off to him, but a coins worth is not based on the developer, I don't give a damn about Charlie Lee or Satoshi for instance, I respect their work but it alone is not enough to make me buy their coin, I care about the end USE of the coin. If you have a good spokesman and marketer who can convince people with money to invest, that is all that matters in the end, because the average user doesn't care how well a coin is coded whether it is scrypt or SHS, it's irrelevant. And while the small % of crypto kids may be thinking it's a scam, the fact is the average layman who just scans the headlines and doesn't even know about bitcointalk sees, "OMG, Natives investing in coins, how can I get some?!" Think 6 months ahead, not 6 days.
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Are there any plans to expand this coin over the world? What about other exchanges? Our volume is huge while this coin is launched only on poloniex (swisscex doesnt count ;p). I think other exchanges are more than interested in adding MYR. Devs?
I want to know this too, a whole lot of mining talk but very little on the economic prospects of the coin. With the right care I think this could surplus litecoin but it won't happen if it remains purely as just a mine n' dump for pennies coin.
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If there is any more I can say on this subject, for a supposedly "dead" coin people are still yacking like crazy about it. No news is bad news in my book, and a few white lies never stopped a good business plan. Remember Bill Gates and Steve Ballmer fibbed to IBM they had DOS ready and had to scramble to buy the rights to it from some other guy
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Mazacoin claimed to be official currency of the Lakota Nation, Potcoin is BRANDING itself as the official cryptocurrency of the Cannabis industry.
Those are two different things.
Troll elsewhere, kthx.
No, the DEV claimed it is the official currency, so I guess DOPEcoin isn't? Is it not also worthy to be the "official" cannabis cryptos? This isn't trolling just cutting through the double standards. http://www.urbandictionary.com/define.php?term=dopeDOPEcoin has a big marijuana leaf on it, what of it. The point is I could go create THC coin and claim it to be the "official" currency of the cannabis industry too but it doesn't make it so.
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Mazacoin claimed to be official currency of the Lakota Nation, Potcoin is BRANDING itself as the official cryptocurrency of the Cannabis industry.
Those are two different things.
Troll elsewhere, kthx.
No, the DEV claimed it is the official currency, so I guess DOPEcoin isn't? Is it not also worthy to be the "official" cannabis cryptos? This isn't trolling just cutting through the double standards.
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The "pot industry" is decentralized and exists only intangibly no where and everywhere simultaneously. Who among us really doesn't get that? POTcoin IS the official cryptocurrency of the cannabis industry because WE make it so. This is just nonsense.
So what makes POTcoin the "official" one in the community and not DOPEcoin?
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More update on this shady Indianz article http://www.indianz.com/News/2014/012781.aspBTC Oyate Initiative Payu Harris never said he was a "Chief", the reporter from Forbes inferred that. Payu also never claimed that Mazacoin was the "Official" currency of the Oglala. In Payu's own words he is "...working to help develop crypto currencies as the official currencies for Native American Tribes." with "develop" being the operative word. This is Mazacoin's "parent" Facebook page - Also someone pointed something out on twitter Essentially Bitcoins are a way of exchanging value digitally. It is not a unit of currency that can be exchanged physically, only through the internet. It is unregulated by any government watchdog like the Federal Reserve. Once a person invests in a Bitcoin they are forced to set up a digital wallet online usually through a third party who stores the value of the investment. The word "forced" is a pretty strong one, just seems like a wholly negative article on crypto in general. Also never once has Payu claimed to be a member of the tribe yet the author acts like he did by checking the rolls.
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More choices quotes from Herp, speaking on Max Keiser
"He will stand behind the coin and promote it, helping out with the development. He had ample opportunity to "distance" himself but he didn't do it and won't do it. So... Maxcoin is here to stay."
As much as I weep for Maza, the Maxcoin dump has been 10x more epic.
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That is actually quite odd the more I think about it. If a person is willing going to go out of their way to bash a coin, and apparently make it his mission to destroy a coin, why hold them ?
I got into it a little with BitcoinSachs on twitter over the MAZA situation, I trust someone with the username BitcoinSachs as much as GoldmanSachs frankly. What is sad though is all it takes is a few of these guys to spread enough fud to kill a coin community, I don't know why so many people hang on to these kind of guys words.
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fwiw. I agree, making spurious claims does not engender trust. (I also think not distancing oneself from illegal marijuana seed sellers does little to attract serious investors).
Agree, I think in all honesty you do better to put your money in marijuana stocks and if you believe in crypto, invest in Bitcoin. I know personally if I was a Colorado pot seller and had trouble getting banks to take my money, I'd rather be paid in Bitcoin since it is the standard crypto than a burgeoning Potcoin. Also at least Bitcoin gives it a somewhat more respectable status, this coin and its whole identity and marketing feels to me like a head shop asking to be paid in Bongs or something (not to sully the work of the designers, it is awesome and i'd love to have a real physical pot coin just for a keepsake, just worry about the marketing of it)
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