49er.miner
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Activity: 42
Merit: 0
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March 13, 2014, 09:08:46 PM |
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wow the fatfinger theory....
kinda crazy how weak the coin is...
i think ppl are losing interest are we still in agreement the devs need to stop on by the forum and gameplan the rest of the path for the coin.
maza tov...
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moonman787
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Activity: 84
Merit: 10
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March 13, 2014, 09:09:46 PM |
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Well I emailed Payu asking about how he plans to get the coin back to a meaningful value. As it stands, this project would fail since the premine would be worthless so he needs to figure out how to get the value back up before administering it. Otherwise, a lot of Lakota will have $10 in Maza and that's it!
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poornamelessme
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March 13, 2014, 09:09:51 PM |
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I have 1000 MZC. Bought half at its high and the other half on the lower end. Holding until the value of the coin reaches fruition or drops to zero.
About the same for me, a bit less, around 800 MZC. I thought I was being smart averaging it out, but now I wish I just took the loss and sold at around 2500ish or so the other day. It's not very much money, so no biggy, but I'm a small guppy sized trader and I would have liked to used the coins for something else, if I knew it'd tank like this. Payu really needs to get on here, chat with people, and get this coin moving in the right direction. The way things are going, he'll hand out 1000 maza ( which may be worth like a $1 to people) -- won't help very much. The videos and whatever are fine, but I'm not so sure he and the devs actually know how cryptos work. I watched a maza promo video of him jumping into a lake the other day, on youtube. No idea why... nor why he felt that was worth his time more-so than stopping in here briefly. |
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Mathgamain
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March 13, 2014, 09:13:11 PM |
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"Claims that miners dumping is causing price drops are either intended to deceive or the ramblings of the confused. No one can possibly know who is selling or why, its all speculation. Its entirely possible that not a single person mining MZC sold a coin today and that all the sells have been panickers or people that just chose to move on."
-> Yea, this can be true aswell. The curve needs to dive a bit more deeper. I remember when DOGE fell just when it came to C. The dive was for weeks.. but when all the panic selling was over, came a new growth. Brothers, sisters, that's were we have to begin aswell.
But first - could someone write to P. Harris and ask to fine tune the mining? The inflation is a bit too high at these tender first weeks (overflow of minted coins)
- Tomi
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- Freedom - Dreamcoin.fi -
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zoata87
Legendary
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Activity: 1176
Merit: 1001
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March 13, 2014, 09:13:39 PM |
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sick of that coin
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Mad Scientist
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March 13, 2014, 09:14:30 PM |
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Why don't you guys just sell all or part of yer Maza holdings and put it into something more stable until you find out what Maza is gonna' do. I got all mine in LiteCoin right now.
It's not gonna' rocket up to 5000 overnight so you'll have PLENTY of time to buy back in when and if it does.
Try not to get so emotionally attached to Maza or ANY coin for that matter.
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49er.miner
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Activity: 42
Merit: 0
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March 13, 2014, 09:15:19 PM |
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have heart gentleman im at the point if i go down im going down with the ship....
i dont even look at it as a coin anymore...
lets think of the movement and hold fast....
hopefully we will here from the devs i waited the the mazacoin chat last night but no luck....
this is what i was afraid of honestly hitting the bottom and ppl bailing out...
maybe some of you guys looking back at the posts realized now im not spreading fud... im a realist..
i just want the coins weakness addressed before it too late..
the coins value is the foundation that all other things can be built on top off
without a strong foundation the whole house falls apart....
maza tov....
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ifightformerkel
Legendary
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Activity: 1386
Merit: 1000
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March 13, 2014, 09:21:33 PM |
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i have a heart but not in the crypto market, here is all about have money or dont have money.
i really like the coin, but when you see @ the facts, than the price will drop in the next weeks hard imo.
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Mathgamain
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March 13, 2014, 09:21:44 PM |
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"Why don't you guys just sell all or part of yer Maza holdings and put it into something more stable until you find out what Maza is gonna' do. I got all mine in LiteCoin right now.
It's not gonna' rocket up to 5000 overnight so you'll have PLENTY of time to buy back in when and if it does.
Try not to get so emotionally attached to Maza or ANY coin for that matter."
->
Coin? What coin? I am here to kick the bankgansters out from the free Lakota tribe. This battle we will fight to the last satoshi
- Tomi
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- Freedom - Dreamcoin.fi -
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Mad Scientist
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March 13, 2014, 09:22:00 PM |
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I have installed a 2btc wall (1300satoshi) to C
If u ever have wanted to be in a furious battle. Now is the time. U can build on top of it.
- Tomi If that 0.9 btc order gets eaten up fairly quickly you might wanna' think about pulling your order and saving your money. 0.00001321 68825.13391155 0.90918001
0.00001301 6649.41488613 0.08650888
0.00001300 83287.82025849 1.08274167 That 0.9 buy "wall" is gone now! |
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torot
Newbie
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Activity: 42
Merit: 0
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March 13, 2014, 09:23:07 PM |
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have heart gentleman im at the point if i go down im going down with the ship....
i dont even look at it as a coin anymore...
You can't beat yourself up like that... what's teh point of this sacrifice? Those 1000 MZC grants (they start in 2014 or when?) do nothing for the people -- 150,000 MZC new coins are born every hour !! ouch |
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testadimerlo
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March 13, 2014, 09:25:55 PM |
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I still believe in this coin, but really it needs some adjustment
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49er.miner
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Activity: 42
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March 13, 2014, 09:27:33 PM |
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im not beating myself up... its not about my investment anymore
i invested like many others of you on the idea of the coin
and the devs supporting the coin...
please more ppl email payu these are good ppl
they will wake i have faith...
maza tov....
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testadimerlo
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March 13, 2014, 09:32:01 PM |
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Excuse my incompetence: could a coin be recalibrated by the dev ( if he would)?
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Mathgamain
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March 13, 2014, 09:35:02 PM |
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"That 0.9 buy "wall" is gone now!"
-> Songs will be written about that battle
I would say the bottom will be at 1000 satoshi, or lower. If u can take that, then hold. If not, feel free to join at some other point. Me and the Lakotas will soldier on
- Tomi
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- Freedom - Dreamcoin.fi -
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49er.miner
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March 13, 2014, 09:35:20 PM |
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yes diff algorythm can be adjusted or completely replaced...
the devs can slow the supply down if they want and let the value slowly rise...
we the community would need to gameplan and rally interest back into the coin....
maza tov....
and tomi dont do anything drastic unitl the calvary arrives save your btc....
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torot
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March 13, 2014, 09:37:32 PM |
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have heart gentleman im at the point if i go down im going down with the ship....
i dont even look at it as a coin anymore...
You can't beat yourself up like that... what's teh point of this sacrifice? Those 1000 MZC grants (they start in 2014 or when?) do nothing for the people -- 150,000 MZC new coins are born every hour !! ouch im not beating myself up... its not about my investment anymore
i invested like many others of you on the idea of the coin
Me too But like every coin it's a gamble -- I've seen so much hot air and bullshit yuo know You hope people taking your hard-earned money are not crooks You hope they are not incompetents, like in financial matters, supply and demand, scalability You hope they have a motivation to help you with problems, not just sell you their stuff |
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Mathgamain
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March 13, 2014, 09:38:36 PM |
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"the devs can slow the supply down if they want and let the value slowly rise..."
-> sweet jesus, this is fantastic idea. And would be cool to implement as soon as possible.
- Tomi
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- Freedom - Dreamcoin.fi -
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empowering
Legendary
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Activity: 1078
Merit: 1441
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March 13, 2014, 09:39:07 PM |
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Any lower and the incentive for miners is greatly reduced. Maza actually has decent BTC volume in trades across most of the exchanges. Consistently over 30 BTC, that's pretty good considering most have 3-4 btc a day.
How do you compute? Is that 1 exchange or all of them? What's the daily Mazacoin volume then? Last 24hrs approx 130 BTC through the exchanges Cryptsy,MintPal,SwissCEX , does not inc Cryptorash as their stats be down I dunno how much trade Kimitsu Asset Management are carrying. Now it makes sense! that 130-150 BTC volume is about 9 million MZC daily: of that miners are dumping 3.6 million newly born MZC That's why we keep sliding every day -- 40% of daily supply are always new coins! each day damn that does not include cryptorush and it is only the last 24hrs |
"A foolish consistency is the hobgoblin of little minds"
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testadimerlo
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March 13, 2014, 09:39:43 PM |
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yes diff algorythm can be adjusted or completely replaced...
the devs can slow the supply down if they want and let the value slowly rise...
we the community would need to gameplan and rally interest back into the coin....
maza tov....
Payu doesn't speak with us, I hope at least he read |
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