I would like to share some other thoughts. I think it would be very good for the future of Magi if we can get more attention for Magi to the growing crypto-workd. Because of the huge attention BTC receives at this moment more and more people are starting with Crypto.
New campaigns, articles and other things are needed for that. But not all things are free in Crypto-world. Personal i donated more than 100k xmg for promotions & campaigns. I hope our awesome Magi community would help with some crowdfunding to achieve new campaigns & promotions. Like a cool give-away or something else. If you like to support Magi check the btc address in my profile or the xmg address in my signature. Because i'am promoting Magi for more than 3 years now, i dare to ask this. Thanks for reading!
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Hello again,
I have read paper by Joe that says optimal network hash rate is 48 mh/s, however cuurent rate is much higher. Is there a method that lowers this rate, or we assume some miners will leave, reducing the rate?
Some miners will leave because the blockrewards will be lower when big hashrate will join in. If i'am correct Joe posted some time ago he will work on improvements and developments about this & more.
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Magi is 3 years old now & will only get better!
In Mai this year Magi was around 30 cent only for one hours or so. I missed that opportunity, I would definitely have sold all my Magi for that price. Nowadays Magi is almost 35 cent and no one wants to sell their Magi, including me. Very strange Yes thats right. Might be because people knows Magi continues being a long-term currency. Magi has still moments and than suddenly awesome improvements show up. After that value will raise step by step followed with the next still period. And so on & on. Roadmap shows great developments so people has no rush selling their XMG.
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Yes never heard of it before. Same devs as ETH? There are so many coins these days. Magi is 3 years old now & will only get better!
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Looks like volume is a lot better on Bittrex now!
Yes, it's a nice day. Selling some, buying some. No high profit, but okay! Cool. Btw do you all know a currency named ADA? Hear some birds about new huge coin coming!
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Looks like volume is a lot better on Bittrex now!
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Thanks Starmman but the other one needs to work also😉
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The website has great design,
Thanks for the feedback.
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213.32.21.37 might help
That helped, what happened with 104.128.225.215 and 45.35.251.73 ? Maybe some odd downtime / disconnected on those nodes. Also saw this in my logs on poolinfo Those are active again! 😃 Thanks Joe
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Is there a problem with the Magi network?
connection timeout trying connection 45.35.251.73 lastseen=0.0hrs connection timeout trying connection 104.128.225.215 lastseen=0.0hrs connection timeout trying connection 45.35.251.73 lastseen=0.0hrs
or is my ip just banned for staking?
Don't know. Not home at the moment. Somebody else with same problem? Yes, the wallet is not synchronized, there are no active connections Doesn't sound good - I'm also not near my network - so can't check on my side EDIT: I didn't stake for 5 hours according to a block chain analyser - which is pretty rare - so I probably also have the same issue... Pom is down. One sec. Will check also -------------- Looks ok Just an issue with pom? Working on that. Stratum is now working.. Just a minute to take care of rest on pool.. Thanks Historical. Good work 213.32.21.37 might help
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Is there a problem with the Magi network?
connection timeout trying connection 45.35.251.73 lastseen=0.0hrs connection timeout trying connection 104.128.225.215 lastseen=0.0hrs connection timeout trying connection 45.35.251.73 lastseen=0.0hrs
or is my ip just banned for staking?
Don't know. Not home at the moment. Somebody else with same problem? Yes, the wallet is not synchronized, there are no active connections Doesn't sound good - I'm also not near my network - so can't check on my side EDIT: I didn't stake for 5 hours according to a block chain analyser - which is pretty rare - so I probably also have the same issue... Pom is down. One sec. Will check also -------------- Looks ok Just an issue with pom? Working on that. Stratum is now working.. Just a minute to take care of rest on pool.. Thanks Historical. Good work
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Is there a problem with the Magi network?
connection timeout trying connection 45.35.251.73 lastseen=0.0hrs connection timeout trying connection 104.128.225.215 lastseen=0.0hrs connection timeout trying connection 45.35.251.73 lastseen=0.0hrs
or is my ip just banned for staking?
Don't know. Not home at the moment. Somebody else with same problem? Yes, the wallet is not synchronized, there are no active connections Doesn't sound good - I'm also not near my network - so can't check on my side EDIT: I didn't stake for 5 hours according to a block chain analyser - which is pretty rare - so I probably also have the same issue... Pom is down. One sec. Will check also -------------- Looks ok
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Is there a problem with the Magi network?
connection timeout trying connection 45.35.251.73 lastseen=0.0hrs connection timeout trying connection 104.128.225.215 lastseen=0.0hrs connection timeout trying connection 45.35.251.73 lastseen=0.0hrs
or is my ip just banned for staking?
Don't know. Not home at the moment. Somebody else with same problem?
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Thanks guys - looks like I need to start coding to move my 'stale orders' back to the book again
Looks like more than half million 'stale orders' are removed from active positions. 2.5 million Magi coins on bittrex, only 1.1 million left on trade. Ok thats good right? Yes, but it keeps you busy. Haha thats good. You have to do something in your spare time!😉
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Thanks guys - looks like I need to start coding to move my 'stale orders' back to the book again
Looks like more than half million 'stale orders' are removed from active positions. 2.5 million Magi coins on bittrex, only 1.1 million left on trade. Ok thats good right?
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I really wish I would have bought some of theses at a lower price Yes know that feeling. But think value will continue to grow in 2018. Awesome developments on the roadmap. So lets see what will happen
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Bittrex seems to be cancelling my old, high orders - anybody else having this issue?
Yes received a message also! I didn't see the message - could somebody send a link? Received a email about it
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https://bitcointalk.org/index.php?topic=2458791Hey guys, I have been following Magi for a long while now. I wanted to let you guys know first as a community, Magi inspired me to create my own cryptocurrency and Dev the coin once someone approached me about the idea in a chat one day not too long ago. I was happy to work with them on a project like this since I wanted to learn how to manage a currency, so I jumped at the opportunity to help them create the coin side of a set of services they seek to offer specific clientele who do not want their transactions known when it comes to their crowdfunding, be it a business or individual, so a properly obfuscated website will be created as the crowdfunding cork-board will be completely anonymous when it comes to contributors for the desired crowdfunding goals so the businesses and individuals involved can bring about the large costs of the services without betraying the identity of the funding sources. My job is to manage the coin. If it is profitable in the end I share in 10% of the profits. I am biased when it comes to the success of this coin because of this, but I must announce this as per normal disclaimers to show this is factual, I am biased about the success of this coin. Aren't all devs? I would hope so, or they shouldn't be the dev. Anyhow later on will be offered private mining access initially and later public mining will start after the first 2-3 crowdfunded goals are achieved on the site that the coin is translatable into a token similar to a gaming or casino site, and those are used to crowdfund the various goals. BTC and ETH will be allowed to be transferred in but they get tokens, not LIT coin. LIT coin at first can only be acquired by direct private transaction with the investors for the first 2-3 successful campaigns. After this private mining will be opened up, only to experienced miners with resume of mining and references who can corroborate or proof of one's mining experience. This is a CPU coin. I am not sure if GPU can mine it or not but it's pointless because the faster you mine it the longer it takes to find a block and it's purely solo mining at first, no pools allowed, due to it's custom blockchain this would be difficult to do anyway, intentionally made this way as you guys of this coin know. Wish me luck everyone! I look forward to learning the ropes and managing the coin efficiently so we can have another CPU based coin to trade on the market like MAGI. If this coin becomes successful in it's medium term goals I will cross promote MAGI and start accepting it as payment on the crowdfunding site as well. We are going to have to work on the PHP nature of the merchant portal though. I learned PHP to get it to work and i still failed. It's complex. It needs to be more user friendly if I am to cross-promote my coins with yours, Joe and community. Thank you all for everything. You inspired this coin, so i wanted to let you guys know I will take experienced miners from the Magi community only at first for private mining partners. Please PM resume + references facebooks if you want to be part of the initial private mining period of time. Thanks Joe. yer awesome! I sure would like to see more pump ups of this coin, been holding for nearly 2.5 weeks, wanting some nice action, that last spike was too small. Got my limits set to 4300 sat. Any help guys? hehe. Chronosphere Chonosphere, thank you for your words here above. Magi XMG is a real community currency. What i mean is that Magi team is always working for free to achieve something good in the world of currencies with Magi XMG. The power of Magi is also in the hands of our awesome community. In 3 years the value went up from 0.01$ => 0.2$. If more people in our community start promoting Magi the higher the value will become. Thats why i need to say that your actions are really appriciated by the team & community! Keep it up!
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