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Author Topic: Thoughts on Max Keiser's coin (Maxcoin)  (Read 14781 times)
Herp
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February 09, 2014, 11:01:43 PM
 #101



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February 09, 2014, 11:03:53 PM
 #102

Just another attempt to use some ones name to boost publicity. Pretty sad really.. Whos making the Alex Jones coin to complete the crazy train?
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February 09, 2014, 11:06:39 PM
 #103

Just another attempt to use some ones name to boost publicity. Pretty sad really.. Whos making the Alex Jones coin to complete the crazy train?

So far developers moved fast to list this coin on few exchanges and Bittylicious. Would seem things are speeding up for Maxcoin.

Max is also a financial guy who's not a strange to cryptos and trading. He also has several important investments in this space in companies like Bitpay.


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Spoetnik
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February 09, 2014, 11:11:19 PM
 #104

it's not asic proof.. they could be made.

also i don't blame Max so much for this as i do all of you reading this..
he seen this altcoin scene and joined in, simple as that.
blame yourselves for supporting all these shitcoins period .

i challenge one of you bashing Maxcoin to deny NOT supporting one of the other shit coin clones.. you can't !

they keep making them because you keep buying.. don;t blame Max for that.. look in the mirror

i see some pretty hypocritical dumb ass noob babble, like today some little douche said,
Maxcoin was better because it's based on a person rather than a dog.
uhhhh what ? lol

Pool op's and exchanges fumble over themselves to add coins and you all flash mine them hard and bitch while your doing it lol
But it's about a free market blah blah blah lol
But i made 1 bitcoin blah blah blah blah
But BUT BUT...

FUD first & ask questions later™
Herp
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February 09, 2014, 11:23:15 PM
 #105

it's not asic proof.. they could be made.

also i don't blame Max so much for this as i do all of you reading this..
he seen this altcoin scene and joined in, simple as that.
blame yourselves for supporting all these shitcoins period .

i challenge one of you bashing Maxcoin to deny NOT supporting one of the other shit coin clones.. you can't !

they keep making them because you keep buying.. don;t blame Max for that.. look in the mirror

i see some pretty hypocritical dumb ass noob babble, like today some little douche said,
Maxcoin was better because it's based on a person rather than a dog.
uhhhh what ? lol

Pool op's and exchanges fumble over themselves to add coins and you all flash mine them hard and bitch while your doing it lol
But it's about a free market blah blah blah lol
But i made 1 bitcoin blah blah blah blah
But BUT BUT...

Yeah but there aren't any ASICs that can mine this coin atm and none in the pipeline either, while Scrypt ASICs are almost here, you can already pre-order them.

I see a few things going for this coin:

1. Sha-3 mining algo, which is not the standard Sha-2 or Scrypt.

2. Max Keiser behind the coin as big media personality.

3. Max Keiser's financial expertize, knowledge of cryptos and filthy rich friends that can jump in the bandwagon.

4. Since Max Keiser is also an investor in Bitcoin businesses like Bitpay, he will financially support the project to increase adoption and create the infrastructure.

5. Efficient mining with Nvidia cards.

Coins like Megacoin and many others among top 20 by market cap don't have any of these advantages. It has big upside from these levels.


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Herp
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February 09, 2014, 11:36:43 PM
 #106

Quote
Stacy Herbert
@stacyherbert
 #maxcoin volume today at mxcnow: Volume: 503392.0 MAX / 1266.0 BTC
10 Feb


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February 10, 2014, 12:13:56 AM
 #107

being a noob and voyeur of cryptocurrencies (who has basically just tried out of the mechanics in the past, I decided over the past two weeks to check out some of the new releases.  MaxCoin was a colossal fail launch imo.  The couple of other new coins I tried in the same period (that had less hype) worked pretty smoothly.  I was able to get them working and mine some with a pool (and pretty much on the noob end of the spectrum). 

MaxCoin imho is poster child why project managers and business/system analysts are valuable in the tech world (i.e. poor communications, planning, and thinking through user scenarios).

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February 10, 2014, 12:17:54 AM
 #108

being a noob and voyeur of cryptocurrencies (who has basically just tried out of the mechanics in the past, I decided over the past two weeks to check out some of the new releases.  MaxCoin was a colossal fail launch imo.  The couple of other new coins I tried in the same period (that had less hype) worked pretty smoothly.  I was able to get them working and mine some with a pool (and pretty much on the noob end of the spectrum).  

MaxCoin imho is poster child why project managers and business/system analysts are valuable in the tech world (i.e. poor communications, planning, and thinking through user scenarios).



People need to look beyond the launch. There is big potential in coin regardless of how launch went. Those who ignore this will kick themselves in a few weeks-months.


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hipsterDufus
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February 10, 2014, 12:22:20 AM
 #109

being a noob and voyeur of cryptocurrencies (who has basically just tried out of the mechanics in the past, I decided over the past two weeks to check out some of the new releases.  MaxCoin was a colossal fail launch imo.  The couple of other new coins I tried in the same period (that had less hype) worked pretty smoothly.  I was able to get them working and mine some with a pool (and pretty much on the noob end of the spectrum).  

MaxCoin imho is poster child why project managers and business/system analysts are valuable in the tech world (i.e. poor communications, planning, and thinking through user scenarios).



People need to look beyond the launch. There is big potential in coin regardless of how launch went. Those who ignore this will kick themselves in a few weeks-months.

you may well be right.  I am just a noob/novice.  I looked at 5 coins that were pretty much new.

2) I was able to get going
2) were okay, a little clunky
1) was a total piece of chit

I personally would like to see the 2 that did a decent job and communicated well be successful in the long run.  but, that is not how things work out sometimes.
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February 10, 2014, 12:25:28 AM
 #110

being a noob and voyeur of cryptocurrencies (who has basically just tried out of the mechanics in the past, I decided over the past two weeks to check out some of the new releases.  MaxCoin was a colossal fail launch imo.  The couple of other new coins I tried in the same period (that had less hype) worked pretty smoothly.  I was able to get them working and mine some with a pool (and pretty much on the noob end of the spectrum).  

MaxCoin imho is poster child why project managers and business/system analysts are valuable in the tech world (i.e. poor communications, planning, and thinking through user scenarios).



People need to look beyond the launch. There is big potential in coin regardless of how launch went. Those who ignore this will kick themselves in a few weeks-months.

you may well be right.  I am just a noob/novice.  I looked at 5 coins that were pretty much new.

2) I was able to get going
2) were okay, a little clunky
1) was a total piece of chit

I personally would like to see the 2 that did a decent job and communicated well be successful in the long run.  but, that is not how things work out sometimes.

Yeah, thing is this coin has huge advantage over other crappy no name coins out there. People will soon discover it themselves regardless of how many crypto babies bitched about the launch.


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Herp
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February 10, 2014, 12:32:36 AM
 #111

It would seem Maxcoin will be pretty ASIC proof due to this built-in feature:

Quote
The coin has inbuilt algorithm changing so if someone was to build an ASIC the devs would simply change the algorithm and they would be rendered useless.

Posted by the Maxcoin devs http://www.reddit.com/r/maxcoinproject/comments/1xh1xl/the_maxcoin_advantage/cfba4hy


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Herp
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February 10, 2014, 01:11:32 AM
 #112

One of the devs just posted this info about the Maxcoin launch:

Quote
I agree that Max's approach can rub people up the wrong way but that's his style; love it or hate it.

To correct some misconceptions about the launch:

It was a mess and we own up to that.
It was not intentionally so chaotic.
The devs have made no money out of MaxCoin (we've actually lost money right now in server costs).
Max provided no funding to the dev team and to my knowledge had no advantage over any other miner (excluding his financial resources of course)
We had every intention of having GUI wallets available for all all clients at launch as well as a CGMiner port (we planned originally to release this on day 2 to allow people to CPU mine first but it became apparent that the community were going to beat us to it so we put resources into developing one but proved unsuccessful due to time and competing priorities), stratum port and p2pool port.
The above was not possible due to time and resources constraints and it was decided that it would be better to launch as was than delay and upset the community.
In hindsight it was the wrong move to release when we did and we should have delayed but hindsight is 20/20 as they say.

This above is my take on things personally and doesn't reflect the opinions of the entire dev team or Max himself. A comprehensive statement explaining and apologising the launch will come hopefully tomorrow.

I can only apologise if people feel cheated and or let down by the launch. We all hope to do better in the future.
 http://www.reddit.com/r/maxcoinproject/comments/1xgo7a/the_launch_wasnt_for_crypto_cry_babies_cowboy_up/cfbany3


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Herp
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February 10, 2014, 01:24:50 AM
 #113

1st place to gamble with your Maxcoins? http://maxcoinspin.com


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February 10, 2014, 01:32:43 AM
 #114


this is the best coin launch ever had. think about it.

There is a guy called max keep promoting the coin in the exchange.

Nobody except ppl in this forum know how to mine this coin.

Can you think anything better than that? anything give you 0.1btc a day for a single gpu even if you don't have a Nvidia in the computer and have to use the cpu in the first whole day like an idiot?

this is 1gh coin, we all know that. and we only download from 1gh. And there is a celebrity who thought that is his coin and keep promoting it somewhere else. that is awesome. Cheesy

its a good money earner for some.. you will get no argument from me there... but it wont last... it will ultimately fail when the miners move to another coin... they are already planning to launch Stacy very soon.... there is nothing appealing about maxcoin at all and the devs are inept.. yet people keep buying it..... I will continue to tell people that it is a shitty coin but if they want to keep buying from miners like me well... that's their choice... most miners will stay in as long as it is profitable so I dont see the coin collapsing all together.. just not being successful in the long run.

once the coin is launched, it belongs to the community, not any single person. even Satoshi cannot stop ASIC took over bitcoin. How messy was it launched, it is not important anymore. The most important thing is there is someone keep promoting it, and promote it to ppl in general public, not ppl having an id in bitcointalk or cryptocointalk. this is how the funny, nothing-special, hyperinflation-style doge succeeded so far. The good thing about this coin is, there is a famous guy, inside and outside crypto world, think that is his baby, and put his own reputation and creditbility behind it. cool
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February 10, 2014, 01:34:56 AM
 #115

This is what i thought of maxcoin launch

http://youtu.be/HqoF4dgm6MY

Let's color the MOON: YLftdciB28pVgNbsPC7iKt1PDRSVofY7aj
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February 10, 2014, 01:40:33 AM
 #116

This is what i thought of maxcoin launch

http://youtu.be/HqoF4dgm6MY

Yeah but rage now subsided and things are looking much better.


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February 10, 2014, 01:57:17 AM
 #117

Pump and dump?

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FULLY
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API FOR YOUR
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mineworker
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February 10, 2014, 01:58:17 AM
 #118

This is what i thought of maxcoin launch

http://youtu.be/HqoF4dgm6MY

Yeah but rage now subsided and things are looking much better.

I was as prepared as I could be with it.

But learnt a lesson that I wasent prepared as i should have been.

Let's color the MOON: YLftdciB28pVgNbsPC7iKt1PDRSVofY7aj
mineworker
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February 10, 2014, 02:04:16 AM
 #119



People need to look beyond the launch.

Really would that be the fair, no premined launch your talking about or the pump and dump after.....

Let's color the MOON: YLftdciB28pVgNbsPC7iKt1PDRSVofY7aj
Herp
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February 10, 2014, 02:14:57 AM
 #120



People need to look beyond the launch.


Translation: Pay no attention to the man behind the curtain.

Point is this coin will offer great value for early adopters regardless of 1 day of allowing mining exclusivity to linux and command prompt geeks.


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