Thoughts on Max Keiser's coin (Maxcoin)

[rmines]

sorry to say that, but the launch was a complete crap, here's what I experienced:

- it was supposed to be cpu
- resheduled launch (guess why)
- released linux binary at the launch time was not working (linked dynamically against extra libs, devs are amateurs)
- github source 10 minutes after not working binaries release
- in the mean time somebody "found" working nvidia miner
- wallet does not synch, damn… ok it's synced
- i'm finally mining… diff 174+ <_<

thanks

This..
I've completely lost all faith in this altcoin after the failed launch, and won't be mining or buying it.

[Herp]

sorry to say that, but the launch was a complete crap, here's what I experienced:
....
thanks

Yeah but fuck the launch. It's stable now. Let's look a bit past this launch. No one will give a shit about this launch days or weeks from now, except idiots who like to hold a grudge.

i lost time on this coin, i was ripped off right at the beginning so were the others, and a small group of interest instamined it
i'm not getting involved into this crap

Yeah suit yourself, it frustrated the shit out of me also. Wasted few hours trying to get the 1st windows DOS client they've released to work, command line style.

Thing is, though, this coin will make money for all early adopters. I'm pretty sure of that.

[carlb007]

Pretty sure the only people who listen to or know of Max Keiser are yanks - the rest of the world doesnt give 2 fucks about him or his bullshit 'hype of the day'. Buy Quark! Buy Kitteh! Buy MaxCoin!

Crap launch of a coin that brings nothing to the table so staying well clear - theres dozens of other coins to make a profit from .

[noobster]

del

[Nullu]

Maxcoin just seems to be in a completely different world. The devs are useless and inactive, and apart from Max Keiser's backing and a different algorithm, this coin has nothing else going for it. I would be confident if it had a competent dev team, but if something goes wrong with the coin then there's going to be a problem.

You can't say the developers are competent. Anyone who does is a liar.

The coin has just as many pros as it does cons.

Don't know about them being inactive. They seem pretty active. Check their tweeter feed https://twitter.com/maxcoinproject

They also have over 7k followers there already.

Active on twitter, but not here? This is what I mean by being in a different world. It's 95% PR and 5% development.

I don't get it. What's wrong with twitter? Much easier to track shit on twitter than digging up through hundreds of posts n spam here on forum.

Nothing wrong with twitter at all. But it just shows a total lack of respect for the community. This forum has had a large part in Maxcoin's success. It's the lack of common courtesy which is just telling, really.

[noobster]

https://i.imgur.com/R9PatEK.jpg

[illodin]

Well it sure got the dev team rich quick.

[Herp]

Max tweeted an hour ago:

Max Keiser @maxkeiser
@paradimeshift Karl, have you started to scale into #maxcoin yet?
@maxcoinproject

and reply came

Karl Gray @paradimeshift
@maxkeiser @maxcoinproject I own some #maxcoin, I plan on owning a lot more! Let's connect this week on several fronts. Exciting times!

followed by a retweet

Karl Gray @paradimeshift
things to watch for in 2014: #maxcoin, #startjoin, #namecoin, #cryptoswitzerland, wall st crypto rollover, CFD scandals, more banking panic!

followed by

Max Keiser @maxkeiser
@paradimeshift Follow up @KeiserReport in 2 weeks. Last time you were on, you took LTC from $4 to $50. You still own 100,000 BTC?

Karl Gray ‏@paradimeshift  1h
@maxkeiser @KeiserReport I might own one or two more! ; ) lots to discuss! Financial world recognizes #crypto changing everything!

[Herp]

[Herp]

Would seem Max is working with these 2 websites to get MaxCoin on:

http://www.netagio.com

and

James Turk's http://www.goldmoney.com https://twitter.com/GoldMoneyNews - goldmoney.com has 32k followers on Twitter.  Lauren Lyster, Peter Schiff, Roger Ver, Erik Voorhees,  The Dollar Vigilante are among the followers.

Max Keiser ‏@maxkeiser  Feb 5
I'm working on deal with @netagio and @GoldMoneyNews to add #Maxcoin to their new BTC storage and trading service @maxcoinproject

[FredDag]

After a rollout only matched by Obamacare, I refuse to mine, accept or invest in this coin... let it die.

ditto

[Herp]

24min ago Stacy Herbert @stacyherbert
Just realised that almost all the volume at mcxnow is on the most awesome new alt in town - #MAX! mcxnow.com/exchange/MAX

[Herp]

27 min ago Max Keiser
@maxkeiser
 grns981: I am skinny peasant now but kissing MAX lol
mcxnow.com/exchange/MAX

[Herp]

16 min ago Max Keiser
@maxkeiser
 #maxcoin benefits from the 'Keiser put' (it's like the Greenspan put, but more crypto-media). en.wikipedia.org/wiki/Greenspan…
@maxcoinproject 9 Feb 14

[illodin]

duhhh.. take your spam to twitter or facebook please.

[Herp]

duhhh.. take your spam to twitter or facebook please.

These are relevant updates to this thread. Feel free to unsubscribe.

[illodin]

duhhh.. take your spam to twitter or facebook please.

These are relevant updates to this thread. Feel free to unsubscribe.

This forum does not support ignoring threads.

[Herp]

duhhh.. take your spam to twitter or facebook please.

These are relevant updates to this thread. Feel free to unsubscribe.

This forum does not support ignoring threads.

Click unwatch at the bottom of the thread, but I guess some exposure for your sig doesn't hurt. You are the only spammer here now bugger off.

[illodin]

duhhh.. take your spam to twitter or facebook please.

These are relevant updates to this thread. Feel free to unsubscribe.

This forum does not support ignoring threads.

Click unwatch at the bottom of the thread, but I guess some exposure for your sig doesn't hurt. You are the only spammer here now bugger off.

I click unwatch, but still see the thread. I don't use the watchlist if that's what you mean because I want to see new threads as well.

[Herp]

Did anyone read this article from nasdaq.com?

The Next Altcoin To Hit $20 Million?

MaxCoin, the new crypto currency founded by Max Keiser will launch on February 5 and it has a good chance of crossing $20 million in market cap its first month of mining.

With over 88 altcoins listed on Coin Market Cap, it’s getting tougher to find the winners, but MaxCoin really stands out and here is why.
Value Creation: It’s all about the community.

For those of you that don’t know, Max Keiser is a vocal opponent of the current financial system and he has no problem accusing CEOs of crimes like murder and money laundering.

He has been a champion of bitcoin for sometime now, but for Max, it all started after the 2008 financial scandals, when he started to amass a strong following of likeminded people, who agree fiat currency is a joke and the central banksters should be hung.
Sound familiar? Many Bitcoin enthusiasts feel this way as well.
His web audience will seed Maxcoin in a similiar way the crazy Dogecoin community has driven their market cap to around $62 million in less than two months.
MaxKeiserTV has 39K subscribers. His “personal” twitter handle has close to 91K followers and the Maxcoin “official” twitter handle has 4.2K followers. Pretty impressive for a coin that hasn’t launched yet!
The MaxCoin reddit has 30 subscribers, that may not sound impressive, but consider that NXT coin only has 52 subscribers but commands a market cap over $60 million and you start to see why I am excited.

Strategic: A well planned launch helps the coin
Keiser loves calling out the banks for rigging rates and insider trading, so it only makes sense that he is aiming for a fair launch. The below is a statement from the official bitcoin forum thread and this coin's emphasis on “fair” is a strategic advantage to other coins, just like transparency and trust are at the core of bitcoin's message.

“One of the most important things for MaxCoin is to achieve a fair launch. In the current world of 100-alts-per day achieving a fair distribution at launch seems like a rare occasion. MaxCoin will have a zero percent premine, proven by the timestamps of the first blocks”
“...we want to set a hard deadline for the release of the MaxCoin clients as 7:30PM GMT on Wednesday, 5 February 2014 to allow the news of the coin's launch to spread, and to provide a fair chance for everybody to prepare and mine at official start time. This also afford you enough time to prepare yourself for mining...”

Special Features: Liquidity, Cryptography and Difficulty

Most coins have their own features chosen to set themselves apart. Here are features that may give MaxCoin an advantage.
Max Keiser has only planned for 250 million MaxCoins, sure it is a lot more than Bitcoin’s 21 million, but a whole lot less than Joe Weisenthal’s Stalwartbucks (from Business Insider), where trillions are released every day.

The Keccak (pronounced “catch-ack”) cryptography being used to verify transactions was chosen by The National Institute of Standards and Technology (NIST) after a five-year competition to select the best cryptographic hash algorithm.

This winning algorithm beat out 63 other submissions that NIST received after its open call for in 2007, when it was thought that SHA-2, the bitcoin secure hash algorithm, might be threatened.

MaxCoin’s mining difficulty will be retargeted using the kimoto gravity well algorithm. Recently, the Dogecoin developers have been thinking of retargeting this way as well.

The advantage of Kimoto is that it changes how the difficulty readjustment works so that the difficulty is adjusted after every single block that is mined on the network.

Basically, it supposedly won’t let miners take advantage by throwing tons of computer equipments towards mining MaxCoin, thus creating a fair mining atmosphere.

In addition to all of the above, this may be the first time a coin will be traded on an actual exchange the first day it is mined. Coins-E has already announced it will start trading MaxCoin February 5. This in and of itself is pretty big news, considering many coins are still traded on public google spreadsheets.

MaxCoin at $20 million doesn’t sound so crazy, does it?


Read more: http://www.nasdaq.com/article/the-next-altcoin-to-hit-20-million-cm323873#ixzz2smI63wbm