██[MZC] MazaCoin - National Currency - now @ RussiaToday, Independent, Telegraph

[leigh2k14]

What I have learned over the last three months of trading in cryptos that there are a lot off greedy pricks and price manipulation going on on all the markets, take mintpal over the last few hours, I saw decreasing sell orders of 1 MZC all the way down, some people really are scumbags.

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[jrich76]

What I have learned over the last three months of trading in cryptos that there are a lot off greedy pricks and price manipulation going on on all the markets, take mintpal over the last few hours, I saw decreasing sell orders of 1 MZC all the way down, some people really are scumbags.

Man I was in here screaming all night long HOLD!! because I clearly watched the manipulation. ONE mzc for 5699 then another ONE mzc for 5599 then another ONE mzc for 5499

What people do, and the whales make BANK off of this, people look at the big box that says "LAST PRICE" and no matter what it says they treat it like Gospel. They do not know how to read the order books or they are numerically illiterate and don't belong here anyway. Had they read the order books like you did they would have seen that the price was not dropping. But they see the LAST PRICE in big writing, assume that is what EVERYONE is selling for and they just click to dump everything at that price, because the website pre-fills it for you.

No restrictions from Mintpal on minimum orders and they auto-fill the last "fake" price in the sell field....it's almost like they are working together. I know they aren't but the exchanges should limit this crap. Or else you will hear the butthurt call for regulation on cryptos.

[hdzw]

I personally keep pessimistic for the price. Who is the person to sell large amounts of coin without considering the mining cost? Preminer. In current dificulty, 0.00006 gives miner less profit comparing to other alternative.

[pastet89]

Guys, I am not a good trader, however, I can tell you one trading rule I learned in the past from a successfull trading strategy on betfair:
When you buy at X, and X goes down to X/2, or any other down value, so you are on loss, not only do not sell (even not think about this!), BUY DOUBLE AMOUNT OF THE FIRST AMOUNT AT THE LOWER PRICE!!! This way if it goes up again you will very fast recvoer the first loss! If it goes down again... it should happen really rarely and you still need to account your risk and never trade with 100% of your money. But if it starts to go just a bit downer than the second buy, exit quickly with a small loss from the second buy. But rememebr, generally after big drop a pump is coming, regardless of its size. It's all on swings....

[Miner232432]

What I have learned over the last three months of trading in cryptos that there are a lot off greedy pricks and price manipulation going on on all the markets, take mintpal over the last few hours, I saw decreasing sell orders of 1 MZC all the way down, some people really are scumbags.

The same could be said for the retards who fall for this shit time & time again and panic, those people shouldn't really be in this game if they panic at every little decrease in price.

I'd say the people who panic are far worse and dangerous than those who manipulate because at they least they keep a balance of downward manipulation and upward manipulation whereas those who panic only contribute to the decline and make it snowball

[jrich76]

Guys, I am not a good trader, however, I can tell you one trading rule I learned in the past from a successfull trading strategy on betfair:
When you buy at X, and X goes down to X/2, or any other down value, so you are on loss, not only do not sell (even not think about this!), BUY DOUBLE AMOUNT OF THE FIRST AMOUNT AT THE LOWER PRICE!!! This way if it goes up again you will very fast recvoer the first loss! If it goes down again... it should happen really rarely and you still need to account your risk and never trade with 100% of your money. But if it starts to go just a bit downer than the second buy, exit quickly with a small loss from the second buy. But rememebr, generally after big drop a pump is coming, regardless of its size. It's all on swings....

You sound like a better trader than me and most people out here. Keep it up!! We need more thinkers like you.

[xamido]

Guys, I am not a good trader, however, I can tell you one trading rule I learned in the past from a successfull trading strategy on betfair:
When you buy at X, and X goes down to X/2, or any other down value, so you are on loss, not only do not sell (even not think about this!), BUY DOUBLE AMOUNT OF THE FIRST AMOUNT AT THE LOWER PRICE!!! This way if it goes up again you will very fast recvoer the first loss! If it goes down again... it should happen really rarely and you still need to account your risk and never trade with 100% of your money. But if it starts to go just a bit downer than the second buy, exit quickly with a small loss from the second buy. But rememebr, generally after big drop a pump is coming, regardless of its size. It's all on swings....

Unless your coin is pandacoin and wolong dump all of his premine.  

[aikklond]

guys any good pools for mazacoin?

[pastet89]

Guys, I am not a good trader, however, I can tell you one trading rule I learned in the past from a successfull trading strategy on betfair:
When you buy at X, and X goes down to X/2, or any other down value, so you are on loss, not only do not sell (even not think about this!), BUY DOUBLE AMOUNT OF THE FIRST AMOUNT AT THE LOWER PRICE!!! This way if it goes up again you will very fast recvoer the first loss! If it goes down again... it should happen really rarely and you still need to account your risk and never trade with 100% of your money. But if it starts to go just a bit downer than the second buy, exit quickly with a small loss from the second buy. But rememebr, generally after big drop a pump is coming, regardless of its size. It's all on swings....

You sound like a better trader than me and most people out here. Keep it up!! We need more thinkers like you.

Stop the ironic, I am just trying to help and I am looking for proffesionals like you for cooperation. Please, check PM.

[pastet89]

What I have learned over the last three months of trading in cryptos that there are a lot off greedy pricks and price manipulation going on on all the markets, take mintpal over the last few hours, I saw decreasing sell orders of 1 MZC all the way down, some people really are scumbags.

Check PM please...

[maxsolnc]

What people do, and the whales make BANK off of this, people look at the big box that says "LAST PRICE" and no matter what it says they treat it like Gospel. They do not know how to read the order books or they are numerically illiterate and don't belong here anyway. Had they read the order books like you did they would have seen that the price was not dropping. But they see the LAST PRICE in big writing, assume that is what EVERYONE is selling for and they just click to dump everything at that price, because the website pre-fills it for you.

matches with

In current dificulty, 0.00006 gives miner less profit comparing to other alternative.

And remember: hashrate is now from 700 TH to 1000 TH. BTC hashrate is 28 TH. So MZC hashrate is 2.5% to 3.5% from BTC's, just imagine! I don't say that price should be straightly tied to hashrate, but just compare: price is 0.00007 from BTC, hashrate is 0.025 from BTC. 350 to 500 times!

[jrich76]

Guys, I am not a good trader, however, I can tell you one trading rule I learned in the past from a successfull trading strategy on betfair:
When you buy at X, and X goes down to X/2, or any other down value, so you are on loss, not only do not sell (even not think about this!), BUY DOUBLE AMOUNT OF THE FIRST AMOUNT AT THE LOWER PRICE!!! This way if it goes up again you will very fast recvoer the first loss! If it goes down again... it should happen really rarely and you still need to account your risk and never trade with 100% of your money. But if it starts to go just a bit downer than the second buy, exit quickly with a small loss from the second buy. But rememebr, generally after big drop a pump is coming, regardless of its size. It's all on swings....

You sound like a better trader than me and most people out here. Keep it up!! We need more thinkers like you.

Stop the ironic, I am just trying to help and I am looking for proffesionals like you for cooperation. Please, check PM.

Dude, I was being 100% serious, sorry if it didn't sound that way. I really do like what you said there. 

[Mjollnir]

Guys, I am not a good trader, however, I can tell you one trading rule I learned in the past from a successfull trading strategy on betfair:
When you buy at X, and X goes down to X/2, or any other down value, so you are on loss, not only do not sell (even not think about this!), BUY DOUBLE AMOUNT OF THE FIRST AMOUNT AT THE LOWER PRICE!!! This way if it goes up again you will very fast recvoer the first loss! If it goes down again... it should happen really rarely and you still need to account your risk and never trade with 100% of your money. But if it starts to go just a bit downer than the second buy, exit quickly with a small loss from the second buy. But rememebr, generally after big drop a pump is coming, regardless of its size. It's all on swings....

Well i trade like shit :-) But i am also stubborn and that can cost me a lot maybe. But i wont sell for these prices. and ofcourse not for lower also.

[pastet89]

Guys, I am not a good trader, however, I can tell you one trading rule I learned in the past from a successfull trading strategy on betfair:
When you buy at X, and X goes down to X/2, or any other down value, so you are on loss, not only do not sell (even not think about this!), BUY DOUBLE AMOUNT OF THE FIRST AMOUNT AT THE LOWER PRICE!!! This way if it goes up again you will very fast recvoer the first loss! If it goes down again... it should happen really rarely and you still need to account your risk and never trade with 100% of your money. But if it starts to go just a bit downer than the second buy, exit quickly with a small loss from the second buy. But rememebr, generally after big drop a pump is coming, regardless of its size. It's all on swings....

You sound like a better trader than me and most people out here. Keep it up!! We need more thinkers like you.

Stop the ironic, I am just trying to help and I am looking for proffesionals like you for cooperation. Please, check PM.

Dude, I was being 100% serious, sorry if it didn't sound that way. I really do like what you said there. 

No prob. Check PM please!

[maxsolnc]

Guys, I am not a good trader, however, I can tell you one trading rule I learned in the past from a successfull trading strategy on betfair:
When you buy at X, and X goes down to X/2, or any other down value, so you are on loss, not only do not sell (even not think about this!), BUY DOUBLE AMOUNT OF THE FIRST AMOUNT AT THE LOWER PRICE!!! This way if it goes up again you will very fast recvoer the first loss! If it goes down again... it should happen really rarely and you still need to account your risk and never trade with 100% of your money. But if it starts to go just a bit downer than the second buy, exit quickly with a small loss from the second buy. But rememebr, generally after big drop a pump is coming, regardless of its size. It's all on swings....

Exactly. Sometimes this strategy doesn't work with 100% scamcoins (but not always!). After several losses at the beginning of my 'cryptocurrency experience' I was making such mistakes, but then I learned from them.

[D12WORLD]

Weak hands selling.real investors holding . 

[hdzw]

What people do, and the whales make BANK off of this, people look at the big box that says "LAST PRICE" and no matter what it says they treat it like Gospel. They do not know how to read the order books or they are numerically illiterate and don't belong here anyway. Had they read the order books like you did they would have seen that the price was not dropping. But they see the LAST PRICE in big writing, assume that is what EVERYONE is selling for and they just click to dump everything at that price, because the website pre-fills it for you.

matches with

In current dificulty, 0.00006 gives miner less profit comparing to other alternative.

And remember: hashrate is now from 700 TH to 1000 TH. BTC hashrate is 28 TH. So MZC hashrate is 2.5% to 3.5% from BTC's, just imagine! I don't say that price should be straightly tied to hashrate, but just compare: price is 0.00007 from BTC, hashrate is 0.025 from BTC. 350 to 500 times!

You missed one very important fact that 50% premined MZC coin had no any cost. If the preminer doesn't dump the coins, then your conclusion has some sense.

[neuroMode]

Happy trading everyone. I'm heading to bed.  

[maxsolnc]

What people do, and the whales make BANK off of this, people look at the big box that says "LAST PRICE" and no matter what it says they treat it like Gospel. They do not know how to read the order books or they are numerically illiterate and don't belong here anyway. Had they read the order books like you did they would have seen that the price was not dropping. But they see the LAST PRICE in big writing, assume that is what EVERYONE is selling for and they just click to dump everything at that price, because the website pre-fills it for you.

matches with

In current dificulty, 0.00006 gives miner less profit comparing to other alternative.

And remember: hashrate is now from 700 TH to 1000 TH. BTC hashrate is 28 TH. So MZC hashrate is 2.5% to 3.5% from BTC's, just imagine! I don't say that price should be straightly tied to hashrate, but just compare: price is 0.00007 from BTC, hashrate is 0.025 from BTC. 350 to 500 times!

You missed one very important fact that 50% premined MZC coin had no any cost. If the preminer doesn't dump the coins, then your conclusion has some sense.

I remember that. But:
1. Hashrate itself cannot be related to premine
2. MZC is a rare case when the dev and the main supporter are public persons or communities. And exchanges don't have even 10% of volume to dump the premine

[Vorfeed]

Ever since Christmas, it seems what ever crypto i invest in drops in fucking price, gimme a fucking break!

Maza is going back up so just hold on and you'll be redeemed. It has only been on two exchanges for a few days now. And it's not down, factor out the fake pump and look at real buyers and all the positive media coverage:

2 days ago 4000

Tonight - 6500

So, it's up.

There is more then two exchanges.
It is also listed on Atomic-Trade.com