[ANN][MAG] MAGNET - GOES STELLAR - More in description / magnetwork.io

[DudeNamedSteve]

Seems that MAG is not going to Moon. Instant dump.

A good coin requires community, dev team, utility, and ability to follow their roadmap.
It's software in a sense. If you want quick money, Bitmex is great. This coin has the respect of Sr. members here, and that says a lot.
Sorry if you bought at the top. Good luck mooning, we'll see ya there my friend.

[1715682090]

1715682090

[1715682090]

1715682090

[MrPuffnStuff]

Seems that MAG is not going to Moon. Instant dump.

A good coin requires community, dev team, utility, and ability to follow their roadmap.
It's software in a sense. If you want quick money, Bitmex is great. This coin has the respect of Sr. members here, and that says a lot.
Sorry if you bought at the top. Good luck mooning, we'll see ya there my friend.

Agree with this, saw MAG after researching a lot of masternode based projects and am very excited about running a MAG MN.  With active community and devs making the right moves and some long term progress, I'm expecting MAG to do quite well.  I don't expect it to 'moon' I expect it to grow over time, you bought at the top and the entire market corrected into a bear market, be patient and HODL...

[Amidoman]

Seems that MAG is not going to Moon. Instant dump.

A good coin requires community, dev team, utility, and ability to follow their roadmap.
It's software in a sense. If you want quick money, Bitmex is great. This coin has the respect of Sr. members here, and that says a lot.
Sorry if you bought at the top. Good luck mooning, we'll see ya there my friend.

Agree with this, saw MAG after researching a lot of masternode based projects and am very excited about running a MAG MN.  With active community and devs making the right moves and some long term progress, I'm expecting MAG to do quite well.  I don't expect it to 'moon' I expect it to grow over time, you bought at the top and the entire market corrected into a bear market, be patient and HODL...

HODL doesn't work anymore and those who say HODL dump the coin first.
The problem with most masternode crypto is too much masternode reward. It seems like this should buy people in. get them to mine the coin and set up masternodes. Great. Then depending on the coin the reward usually grows with time so does the number of masternodes. The coin is mooning then unfortunately miners and masternode owners start taking the profit. All one by one dump the coin slowly bringing the price down. The coins seems less and less profitable so new investors skip it for a sake of other profitable coin. Price falls even further. Less people mine it, difficulty and hashrate drop. More rewards for masternode owner when other investors start selling masternodes so more dump and prices even lower. I have seen it so many times, countless. Mun, Tune, DSR, DIN, DNR, BWK, even Solaris which I love as the most stable of them all.
I think the solution is a healthy balance between the cost of the masternode and rewards, maybe automated reward system depending on the current coin market? Too many coins dumped - lower rewards? That would at least stabilise the prices long term.

Edit:

This is the reason I don't own any masternode yet. Trading brings me a lot more and I don't believe in this masternode system, it is completely wrong at the moment. I will wait for a perfected balanced masternode coin to invest in.

[JanpriX]

Well, the few posts above are just people whining about things that are inevitable especially in cryptosphere. MAG hit its ATH last January this year and the logical turn of events to follow is some consolidation which is what we are experiencing right now. This "dump" is expected in any market. Nothing just gonna go up and up to infinite times. This  is just a normal cycle for a coin to have.

My friend and I are currently happy accumulating MAG in these cheap prices. People should learn to stop FOMOing. Don't buy the top. Anyway, this coin is very solid in its own terms. Anyone who is willing to sell their coins at a much lower price is well appreciated. 

[kolbasnik]

ive setuped my first magnet node, installing worked fine for me
but after couple of hours i noticed that my masternode disappeared
in masternode list. i started it again through wallet and it worked again.
what could be a reason for disappearing in the list?
P.S. i have staking = 0

[narousberg]

my WIN wallet (v1.3.0.0-61403 ) has stopped sync blockchain 47 hours behind, i have 12 connection to network.
last block: 183520

before all worked well

Any solution?

[kolbasnik]

ive setuped my first magnet node, installing worked fine for me
but after couple of hours i noticed that my masternode disappeared
in masternode list. i started it again through wallet and it worked again.
what could be a reason for disappearing in the list?
P.S. i have staking = 0

I tryed both staking = 0 and staking = 1, have still the same issue
after an hour my node get "EXPIRED" status, what cause that?
any help please..

[Amidoman]

Well, the few posts above are just people whining about things that are inevitable especially in cryptosphere. MAG hit its ATH last January this year and the logical turn of events to follow is some consolidation which is what we are experiencing right now. This "dump" is expected in any market. Nothing just gonna go up and up to infinite times. This  is just a normal cycle for a coin to have.

My friend and I are currently happy accumulating MAG in these cheap prices. People should learn to stop FOMOing. Don't buy the top. Anyway, this coin is very solid in its own terms. Anyone who is willing to sell their coins at a much lower price is well appreciated. 

I wouldn't call it whining - just simple truth. People dump and will dump even more and for this reason HODL does not exist.
I buy cheap, sell for more and the same over and over again as dumpers brought me a lot of money.
Thank you all for dumping. Mining sucks as it doesn't bring me as much profit as quickly.

[dod777]

My friend and I are currently happy accumulating MAG in these cheap prices. People should learn to stop FOMOing. Don't buy the top. Anyway, this coin is very solid in its own terms. Anyone who is willing to sell their coins at a much lower price is well appreciated. 
[/quote]

every time I want to ask - HOW COULD YOU RECOGNISE THAT COIN IS VERY SOLID? where did you get this info?

[Dead Things]

My friend and I are currently happy accumulating MAG in these cheap prices. People should learn to stop FOMOing. Don't buy the top. Anyway, this coin is very solid in its own terms. Anyone who is willing to sell their coins at a much lower price is well appreciated.  

every time I want to ask - HOW COULD YOU RECOGNISE THAT COIN IS VERY SOLID? where did you get this info?

I will simply quote from masternodes.online because they put it succinctly and elegantly:

"ROI changes often and it not the most important factor. Please consider Dev Team - Community - PURPOSE/Platform - Liquidity - Wallet when making masternode purchases."

[sergsvar]

Welcome to our pool, 0% fee!!!
http://impulsemine.xyz

[bitChipper]

My friend and I are currently happy accumulating MAG in these cheap prices. People should learn to stop FOMOing. Don't buy the top. Anyway, this coin is very solid in its own terms. Anyone who is willing to sell their coins at a much lower price is well appreciated.  

every time I want to ask - HOW COULD YOU RECOGNISE THAT COIN IS VERY SOLID? where did you get this info?

I will simply quote from masternodes.online because they put it succinctly and elegantly:

"ROI changes often and it not the most important factor. Please consider Dev Team - Community - PURPOSE/Platform - Liquidity - Wallet when making masternode purchases."

Read the whitepapaer
Go on github and do research on the contributors to the codebase
Get on discord and keep an eye on the conversation between the developers and the community

[Diggerpower1]

For everybody who got this Error with Ubuntu 17.10:
./magnetd: error while loading shared libraries: libboost_system.so.1.58.0: cannot open shared object file: No such file or directory

If you follow the guide and you unrar the wallet it asked you if you want to overwrite. You must choose Never with E.
In the Wallet from Website there is a Folder with the old 16.04 Magnetd and it will overwrite the 17.10 magnetd.

After try this my magnetd worked and now i only Need to get the 10k magnet

Hope i could help anybody. It takes me three afternoons to find this stupid part out:)

[bitChipper]

ive setuped my first magnet node, installing worked fine for me
but after couple of hours i noticed that my masternode disappeared
in masternode list. i started it again through wallet and it worked again.
what could be a reason for disappearing in the list?
P.S. i have staking = 0

I tryed both staking = 0 and staking = 1, have still the same issue
after an hour my node get "EXPIRED" status, what cause that?
any help please..

I dont think it matters what you have staking=X set to

try
cd magnet
./magnetd masternode status

try that and see what it says, also its best to go into discord channel, its really easy to enter and you will most likely get 1on1 chat support from dev team or experienced community members, good luck and congrats on your first node

[DudeNamedSteve]

For everybody who got this Error with Ubuntu 17.10:
./magnetd: error while loading shared libraries: libboost_system.so.1.58.0: cannot open shared object file: No such file or directory

If you follow the guide and you unrar the wallet it asked you if you want to overwrite. You must choose Never with E.
In the Wallet from Website there is a Folder with the old 16.04 Magnetd and it will overwrite the 17.10 magnetd.

After try this my magnetd worked and now i only Need to get the 10k magnet

Hope i could help anybody. It takes me three afternoons to find this stupid part out:)

Kudos for posting what fixed you man. Welcome to the MN side of things.

http://s2.quickmeme.com/img/36/36d227fc4665727f2534664c9af02162bd6be5c1bcf162007e917178025ae149.jpg

[wangmidi]

Now the price of MAGNET is at the bottom of the historical price. Let's get everyone to buy it together. Unity is the strength.

[JanpriX]

Now the price of MAGNET is at the bottom of the historical price. Let's get everyone to buy it together. Unity is the strength.

We are hovering in this price range (1500ish sats) for almost 3 days now and I'm hoping that this will be the bottom for it. It appears that there's no one who are willing to sell their MAGNET below that price and that is a good sign. Will try to accumulate more especially when we see a good indicator that we are back in the upward trend.

For those who are asking why this coin is good, try to "do your own research". It's 2018 folks. Try to use the search engines more. Google is your friend. 

[bephinas]

This is a big project
Thanks to administratives

[DudeNamedSteve]

Now the price of MAGNET is at the bottom of the historical price. Let's get everyone to buy it together. Unity is the strength.

I saw the same thing and scooped another MN. When there is blood in the streets, there is opportunity gentlemen (and ladies).
 

[Edgar9]

Now the price of MAGNET is at the bottom of the historical price. Let's get everyone to buy it together. Unity is the strength.

We are hovering in this price range (1500ish sats) for almost 3 days now and I'm hoping that this will be the bottom for it. It appears that there's no one who are willing to sell their MAGNET below that price and that is a good sign. Will try to accumulate more especially when we see a good indicator that we are back in the upward trend.

For those who are asking why this coin is good, try to "do your own research". It's 2018 folks. Try to use the search engines more. Google is your friend. 

I do not think like you price MAGNET will go down again, long time they go up