[ANN][MZC][SHA-256] MAZACOIN *First Sovereign Currency* ANDROID WALLET AVAIL.!!

[micro123]

JOIN US ON CRYTPSY INSTEAD!!!!
MINTPAL SELL  WALLS ARE TOO BIG
JOIN THE RESISTANCE!!!!!

Wat does it mean "Walls are too big"? (sorry, i´m new here)

Each exchange is its own world, in a sense. What he was saying is, there were people on Mintpal selling large chunks of MZC, blocking upward movement. Stacks of BTC pushing the chart one way or another are commonly called "walls", though the name can be a bit misleading - as one of the primary ways people move the price up or down is by pushing those walls along with the movement, constantly adjusting their position. This poster was mounting buy support on Cryptsy and was urging someone to avoid Mintpal since there was less resistance on Cryptsy.

And what is the reason that they blocking upward movement?

[Derivative]

JOIN US ON CRYTPSY INSTEAD!!!!
MINTPAL SELL  WALLS ARE TOO BIG
JOIN THE RESISTANCE!!!!!

Wat does it mean "Walls are too big"? (sorry, i´m new here)

Each exchange is its own world, in a sense. What he was saying is, there were people on Mintpal selling large chunks of MZC, blocking upward movement. Stacks of BTC pushing the chart one way or another are commonly called "walls", though the name can be a bit misleading - as one of the primary ways people move the price up or down is by pushing those walls along with the movement, constantly adjusting their position. This poster was mounting buy support on Cryptsy and was urging someone to avoid Mintpal since there was less resistance on Cryptsy.

And what is the reason that they blocking upward movement?

They want to buy.

[Croak]

JOIN US ON CRYTPSY INSTEAD!!!!
MINTPAL SELL  WALLS ARE TOO BIG
JOIN THE RESISTANCE!!!!!

Wat does it mean "Walls are too big"? (sorry, i´m new here)

Each exchange is its own world, in a sense. What he was saying is, there were people on Mintpal selling large chunks of MZC, blocking upward movement. Stacks of BTC pushing the chart one way or another are commonly called "walls", though the name can be a bit misleading - as one of the primary ways people move the price up or down is by pushing those walls along with the movement, constantly adjusting their position. This poster was mounting buy support on Cryptsy and was urging someone to avoid Mintpal since there was less resistance on Cryptsy.

And what is the reason that they blocking upward movement?

So they can buy at a lower price, in anticipation of a rise (natural or otherwise).  

[leigh2k14]

JOIN US ON CRYTPSY INSTEAD!!!!
MINTPAL SELL  WALLS ARE TOO BIG
JOIN THE RESISTANCE!!!!!

Wat does it mean "Walls are too big"? (sorry, i´m new here)

Each exchange is its own world, in a sense. What he was saying is, there were people on Mintpal selling large chunks of MZC, blocking upward movement. Stacks of BTC pushing the chart one way or another are commonly called "walls", though the name can be a bit misleading - as one of the primary ways people move the price up or down is by pushing those walls along with the movement, constantly adjusting their position. This poster was mounting buy support on Cryptsy and was urging someone to avoid Mintpal since there was less resistance on Cryptsy.

And what is the reason that they blocking upward movement?

So they can buy at a lower price, in anticipation of a rise (natural or otherwise).  

wrong, it's because there are too many coins being minted.

2.4 billion by the time it's finished.

[micro123]

JOIN US ON CRYTPSY INSTEAD!!!!
MINTPAL SELL  WALLS ARE TOO BIG
JOIN THE RESISTANCE!!!!!

Wat does it mean "Walls are too big"? (sorry, i´m new here)

Each exchange is its own world, in a sense. What he was saying is, there were people on Mintpal selling large chunks of MZC, blocking upward movement. Stacks of BTC pushing the chart one way or another are commonly called "walls", though the name can be a bit misleading - as one of the primary ways people move the price up or down is by pushing those walls along with the movement, constantly adjusting their position. This poster was mounting buy support on Cryptsy and was urging someone to avoid Mintpal since there was less resistance on Cryptsy.

And what is the reason that they blocking upward movement?

So they can buy at a lower price, in anticipation of a rise (natural or otherwise).  

wrong, it's because there are too many coins being minted.

2.4 billion by the time it's finished.

But this is also stagnating progress of the coin? Or is this just a good thing that they do this.

[Derivative]

JOIN US ON CRYTPSY INSTEAD!!!!
MINTPAL SELL  WALLS ARE TOO BIG
JOIN THE RESISTANCE!!!!!

Wat does it mean "Walls are too big"? (sorry, i´m new here)

Each exchange is its own world, in a sense. What he was saying is, there were people on Mintpal selling large chunks of MZC, blocking upward movement. Stacks of BTC pushing the chart one way or another are commonly called "walls", though the name can be a bit misleading - as one of the primary ways people move the price up or down is by pushing those walls along with the movement, constantly adjusting their position. This poster was mounting buy support on Cryptsy and was urging someone to avoid Mintpal since there was less resistance on Cryptsy.

And what is the reason that they blocking upward movement?

So they can buy at a lower price, in anticipation of a rise (natural or otherwise).  

wrong, it's because there are too many coins being minted.

2.4 billion by the time it's finished.

What? The market is being manipulated that's why. Sure, the price is also being pushed down by miners wanting to cash out but then you usually don't se orders of several bitcoins. These huge orders are not meant to be bought up if not necessary.

[Croak]

JOIN US ON CRYTPSY INSTEAD!!!!
MINTPAL SELL  WALLS ARE TOO BIG
JOIN THE RESISTANCE!!!!!

Wat does it mean "Walls are too big"? (sorry, i´m new here)

Each exchange is its own world, in a sense. What he was saying is, there were people on Mintpal selling large chunks of MZC, blocking upward movement. Stacks of BTC pushing the chart one way or another are commonly called "walls", though the name can be a bit misleading - as one of the primary ways people move the price up or down is by pushing those walls along with the movement, constantly adjusting their position. This poster was mounting buy support on Cryptsy and was urging someone to avoid Mintpal since there was less resistance on Cryptsy.

And what is the reason that they blocking upward movement?

So they can buy at a lower price, in anticipation of a rise (natural or otherwise).  

wrong, it's because there are too many coins being minted.

2.4 billion by the time it's finished.

We're talking about the deliberate small increment bids and asks, not the natural effect of miners with autosell turned on dumping into the market.  And lets not forget that 2.4 billion is a long long way out...right now it's ~121 million.

[leigh2k14]

JOIN US ON CRYTPSY INSTEAD!!!!
MINTPAL SELL  WALLS ARE TOO BIG
JOIN THE RESISTANCE!!!!!

Wat does it mean "Walls are too big"? (sorry, i´m new here)

Each exchange is its own world, in a sense. What he was saying is, there were people on Mintpal selling large chunks of MZC, blocking upward movement. Stacks of BTC pushing the chart one way or another are commonly called "walls", though the name can be a bit misleading - as one of the primary ways people move the price up or down is by pushing those walls along with the movement, constantly adjusting their position. This poster was mounting buy support on Cryptsy and was urging someone to avoid Mintpal since there was less resistance on Cryptsy.

And what is the reason that they blocking upward movement?

So they can buy at a lower price, in anticipation of a rise (natural or otherwise).  

wrong, it's because there are too many coins being minted.

2.4 billion by the time it's finished.

But this is also stagnating progress of the coin? Or is this just a good thing that they do this.

I would say it is a bad thing for bag holders, as more mine and sell the price will stay roughly the same, unless there is a lot of media attention, then the new buyers will come.

[leigh2k14]

JOIN US ON CRYTPSY INSTEAD!!!!
MINTPAL SELL  WALLS ARE TOO BIG
JOIN THE RESISTANCE!!!!!

Wat does it mean "Walls are too big"? (sorry, i´m new here)

Each exchange is its own world, in a sense. What he was saying is, there were people on Mintpal selling large chunks of MZC, blocking upward movement. Stacks of BTC pushing the chart one way or another are commonly called "walls", though the name can be a bit misleading - as one of the primary ways people move the price up or down is by pushing those walls along with the movement, constantly adjusting their position. This poster was mounting buy support on Cryptsy and was urging someone to avoid Mintpal since there was less resistance on Cryptsy.

And what is the reason that they blocking upward movement?

So they can buy at a lower price, in anticipation of a rise (natural or otherwise).  

wrong, it's because there are too many coins being minted.

2.4 billion by the time it's finished.

We're talking about the deliberate small increment bids and asks, not the natural effect of miners with autosell turned on dumping into the market.  And lets not forget that 2.4 billion is a long long way out...right now it's ~121 million.

It's gone up 20 mil the last few days

[Derivative]

JOIN US ON CRYTPSY INSTEAD!!!!
MINTPAL SELL  WALLS ARE TOO BIG
JOIN THE RESISTANCE!!!!!

Wat does it mean "Walls are too big"? (sorry, i´m new here)

Each exchange is its own world, in a sense. What he was saying is, there were people on Mintpal selling large chunks of MZC, blocking upward movement. Stacks of BTC pushing the chart one way or another are commonly called "walls", though the name can be a bit misleading - as one of the primary ways people move the price up or down is by pushing those walls along with the movement, constantly adjusting their position. This poster was mounting buy support on Cryptsy and was urging someone to avoid Mintpal since there was less resistance on Cryptsy.

What do you think yourself?

And what is the reason that they blocking upward movement?

So they can buy at a lower price, in anticipation of a rise (natural or otherwise).  

wrong, it's because there are too many coins being minted.

2.4 billion by the time it's finished.

But this is also stagnating progress of the coin? Or is this just a good thing that they do this.

[SkyValeey]

I wish 30-50k in May

[ScroogeD]

It's good thing that the coin is stable for now. Nobody wants to use a currency which will increase 10x fold and go back 5x the other day.
I know, a lot of people want to minimize their losses, but there's nothing wrong with stable growth, if you are serious about the coin.

[Derivative]

It's good thing that the coin is stable for now. Nobody wants to use a currency which will increase 10x fold and go back 5x the other day.
I know, a lot of people want to minimize their losses, but there's nothing wrong with stable growth, if you are serious about the coin.

There is nothing such as "stable growth" in this market. Atleast not as long as it has a marketcap of 1billion or lower.

[leigh2k14]

It's good thing that the coin is stable for now. Nobody wants to use a currency which will increase 10x fold and go back 5x the other day.
I know, a lot of people want to minimize their losses, but there's nothing wrong with stable growth, if you are serious about the coin.

I would like it to stabilize a bit more closer to the price I bought in at

[fermaporte]

going to 17? and bounce up? no strong walls   

[jelin1984]

http://mexico.cnn.com/tecnologia/2014/03/10/hola-bitcoin-adios-dinero-convencional-4-divisas-digitales-a-seguir

http://www.federaljack.com/lakota-nation-launches-mazacoin-cryptocurrency/

[micro123]

perhaps there is something we can do to get the mazacoin up? We can wait and hope that t increases, but maybe we can achieve more together. Do anyone have an idea?

[murraypaul]

I made a reddit post outlining my thoughts on the popular FUD that came about in the last thread. I would appreciate if you guys comment on it, help me add to it, or just upvote for visibility. Thanks!


http://www.reddit.com/r/mazacoin/comments/205w90/is_it_a_scam_heres_a_breakdown_of_the_fud_where/

CLAIM #1: MazaCoin was never an official currency and that was a lie.
The Reality: This is actually no fault of anyone's in the crypto community, as we couldn't have easily been aware of the current state of tribal government. Here's what this boils down to: there are two tribal governments. One is a traditional Indian construct, based on how they've governed themselves tribally for generations. The other is a construct sanctioned by the US Federal Government, which operates more like a "normal" municipal government elsewhere in the US. The federally sanctioned government, is of course, the dominant authority and is also tied to government subsidies and funding. Here's the important bit: the traditional Oglala Lakota government has fully embraced this idea and accepted MazaCoin.
My Opinion: You could easily say that, infact, MazaCoin's claim of being "official" was exaggerated - and you'd have good reason to do so. However, think carefully - the goal of this currency is to shake off dependence on dollars, federal subsidiaries, and establish a new sovereign currency. Why would the federally sanctioned machine that operates on dollars and subsidiaries approve its own downfall? It wouldn't. MazaCoin is the official currency of the sovereign free state of the Oglala Lakota. Part of the goal of MZC is to help make that state be recognized by the Federal government.

This is also a lie, based I think on misinformation spread by AnonymousPirate that there was some difference between the Ogala Sioux and the Ogala Lakota.
There isn't.
The MazaCoin site (http://www.mazacoin.org/) has a link to the Traditional Lakota Nation (http://www.oglalalakotanation.org/oln/Home.html).
Go to that webpage, click Government, click Executive Committee.
You will see that the President is Bryan Brewer, the same one who has publicly said that the tribe has not adopted MazaCoin as an official currency.

Go to the South Dakota Department of Tribal Relations page for the Ogala: http://www.sdtribalrelations.com/oglala.aspx
Scroll down to Current President. You will see that is it Bryan Brewer.
Check the 'View the Oglala Sioux Tribe's website' link. You will see it takes you to the same ogalalakotanation.org page.

The entity that MazaCoin say that they are working with is the same entity listed on the government web page as being the tribal government, and that entity has denied adopting MazaCoin as an official currency.

[empowering]

perhaps there is something we can do to get the mazacoin up? We can wait and hope that t increases, but maybe we can achieve more together. Do anyone have an idea?

Discuss with the developers and the community what the community can do to help grow the community and the coin and the ecosystem around it,
what can be done for the tribe- set goals and bountys, spread awareness through social media, network to people, business, exchanges.

[Mathgamain]

Yeah, as far as I have understood the tribal president has only gave his blessing to the project. Not officially made it a currency. Would be really cool if this would have been CLEAR to everyone from the start (I knew it, but many perhaps did not).

"the traditional Oglala Lakota government has fully embraced this idea and accepted MazaCoin" -> They have only embraced the IDEA, not accepted as currency

"MazaCoin is the official currency of the sovereign free state of the Oglala Lakota" -> Perhaps some fine day it will, but for now it's just another crypto currency (that has huge potential)

- Tomi

ps. The potential of this coin is only theoretical, think of it as a risk investment. It might go to the moon, or just fade away. ONLY TIME WILL TELL, so if u believe like I, hold it.