dload.1
Legendary
 Offline
Activity: 994
Merit: 1004
BTC
|
 |
March 26, 2014, 01:50:43 PM |
|
hey guys i am not sure if any of you have btc or coins on here but may be a good idea to check this out. http://pastebin.com/eLkPxLWi please do it before anyone else is a victim. thx |
|
|
|
|
|
SkyValeey
|
|
March 26, 2014, 03:45:31 PM
Last edit: March 26, 2014, 04:02:37 PM by SkyValeey |
|
It's not with the people it's flipstyle, I'm going to express my opinions about mazacoin in the very same detail as flipstyle does, so you will be hearing a lot from me, I'm researching this coin as we speak. I couldn't care less if you agree with me but I know one thing you will read what I type.
LOL! red text. true attention whore style. +1 Flipstyle is good man, back off from him. Another opinion is good but not in this rude way.... And hey man, change this annoying red letters... ...but maybe it's a good color to flag FUD attack ?  It's silly how ppl who bought maza at 10k or more are attacking now with FUD.... I bought first at 10k, my average was 9500 for 5btc but because of my work with trading this coin I have now average 885 satoshis. (for 6btc now) SO YOU CAN DO BETTER THAN FUD EVEN IF YOU BOUGHT EXPENSIVE but for weak hands cryiing is the only way... I'd like to FIGHT on charts than crying like a baby |
|
|
|
|
dload.1
Legendary
Offline
Activity: 994
Merit: 1004
BTC
|
|
March 26, 2014, 04:07:02 PM |
|
All the way buy and sell and mine, it is around 700 Satoshi now, hard job,  how can I pay my bill, Oh....... hopefully I'm not waste my time and electricity, This is the really life, I should correct my fault or do nothing. better way is to take the responsibility and do some thing to help you self before asking God and somebody~~~ Make a wish, and offer your effort, before that God won't found what is you need and how could Him to fulfill your demand. cant argue with that!!!!! |
|
|
|
|
|
1Xman
|
|
March 26, 2014, 04:39:36 PM |
|
Yeah I don't know who he's talking to either. I'm a holder of 800k mzc and haven't sold 1. Just trying to have a discussion that the price needs to be corrected since its pointless to have the Lakota's adopt this currency if it's worthless. It needs to have a much better value assigned to it in order to bring to the tribe and say, "this 25 Mill premine is for all the people and it's current value is X dollars." As it stands, why would the tribe adopt it if they know each member will only get a couple of bucks? So price does matter and should be the foundation of getting this accepted. How it's distributed and what good it can do should be only after a realistic price has been established. So you can't make plans to build schools, roads, new stores, etc... when their premine is worthless.
+1
|
|
|
|
|
poornamelessme
|
|
March 26, 2014, 05:31:33 PM |
|
Yeah I don't know who he's talking to either. I'm a holder of 800k mzc and haven't sold 1. Just trying to have a discussion that the price needs to be corrected since its pointless to have the Lakota's adopt this currency if it's worthless. It needs to have a much better value assigned to it in order to bring to the tribe and say, "this 25 Mill premine is for all the people and it's current value is X dollars." As it stands, why would the tribe adopt it if they know each member will only get a couple of bucks? So price does matter and should be the foundation of getting this accepted. How it's distributed and what good it can do should be only after a realistic price has been established. So you can't make plans to build schools, roads, new stores, etc... when their premine is worthless.
+1
I've really wondered why the devs just don't fork the coin, reduce miner rewards and therefore increase price a bit. Or at the least, keep it stable. I'd think it'd make it much easier for Payu to convince the tribe to accept the coin, as well as build up a little infrastructure as far as merchants go. Then I thought... maybe it doesn't matter as much as we think. If Payu can get the tribe to accept it, gets a ton of news coverage (like that CNN rumor), the price should shoot up on its own. And if they then change miner rewards, price would be stable at that high point, and the giveaway might actually be worth something. And as of right now, the devs can mine away themselves and stock up on tons of easy maza. I guess that could be one feasible explanation, maybe? The other would simply be incompetence. |
|
|
|
|
|
|
|
|
|
|
|
remistevens
|
|
March 26, 2014, 10:39:31 PM |
|
The purpose of the premine is to distribute this currency to Lakotas who have a plan for how to incorporate its usage into their local economy. That's why you get X10 as much if its for a business. It was never intended to build roads and schools or be cashed out for USD; that is completely counter-intuitive. The premine is to put MZC into the hands of Lakotas, not USD. If they're left with USD it didn't work.
The premine is the float you fill the cash register with - its not meant to be spent.
The hoped for prosperity comes from Lakotas having a currency that allows them to trade independently of the banking system that enslaves people.
|
|
|
|
|
|
flipstyle (OP)
|
|
March 26, 2014, 11:26:42 PM |
|
Yeah I don't know who he's talking to either. I'm a holder of 800k mzc and haven't sold 1. Just trying to have a discussion that the price needs to be corrected since its pointless to have the Lakota's adopt this currency if it's worthless. It needs to have a much better value assigned to it in order to bring to the tribe and say, "this 25 Mill premine is for all the people and it's current value is X dollars." As it stands, why would the tribe adopt it if they know each member will only get a couple of bucks? So price does matter and should be the foundation of getting this accepted. How it's distributed and what good it can do should be only after a realistic price has been established. So you can't make plans to build schools, roads, new stores, etc... when their premine is worthless.
+1
I've really wondered why the devs just don't fork the coin, reduce miner rewards and therefore increase price a bit. Or at the least, keep it stable. I'd think it'd make it much easier for Payu to convince the tribe to accept the coin, as well as build up a little infrastructure as far as merchants go. Then I thought... maybe it doesn't matter as much as we think. If Payu can get the tribe to accept it, gets a ton of news coverage (like that CNN rumor), the price should shoot up on its own. And if they then change miner rewards, price would be stable at that high point, and the giveaway might actually be worth something. And as of right now, the devs can mine away themselves and stock up on tons of easy maza. I guess that could be one feasible explanation, maybe? The other would simply be incompetence. The only thing I'd be worried about is the sheer ease to attain the coin right now. The demand will really have to shoot up for it to maintain a solid price increase for more than a few days time. Remember, back when it peaked during the meteoric rise...I believe the daily trade volume was around or damn near 500-700btc's. That's a LOT of market activity. You look at the big boys like aurora, and they constantly have at least a 100-200k+ daily market volume. But my biggest concern is the supply vs. demand. There are simply a lot more coins available than demand right now, and it's not even close to being at an equilibrium. You are completely correct in that Payu and the devs need to take a good look at this and think about implementing a fork and perhaps some kind of algorithm switch to stop the bleeding. The price has seemed to stabilize a bit and (at least for the time being) found a bottom at around 300 satoshi, but I think forking and switching algos could only help to eliminate the mining dumpers who are minting thousands of this coin daily and dumping them on the market. It did help Spain coin a bit with the same issue. Just food for thought. |
|
|
|
|
|
igigme77
|
|
March 26, 2014, 11:35:38 PM |
|
All the way buy and sell and mine, it is around 700 Satoshi now, hard job, how can I pay my bill, Oh....... hopefully I'm not waste my time and electricity, This is the really life, I should correct my fault or do nothing. better way is to take the responsibility and do some thing to help you self before asking God and somebody~~~ Make a wish, and offer your effort, before that God won't found what is you need and how could Him to fulfill your demand. But God can see your efforts Believe in yourself you with great Great future |
|
|
|
|
poornamelessme
|
|
March 26, 2014, 11:41:26 PM |
|
The only thing I'd be worried about is the sheer ease to attain the coin right now. The demand will really have to shoot up for it to maintain a solid price increase for more than a few days time. Remember, back when it peaked during the meteoric rise...I believe the daily trade volume was around or damn near 500-700btc's. That's a LOT of market activity. You look at the big boys like aurora, and they constantly have at least a 100-200k+ daily market volume. But my biggest concern is the supply vs. demand. There are simply a lot more coins available than demand right now, and it's not even close to being at an equilibrium.
You are completely correct in that Payu and the devs need to take a good look at this and think about implementing a fork and perhaps some kind of algorithm switch to stop the bleeding. The price has seemed to stabilize a bit and (at least for the time being) found a bottom at around 300 satoshi, but I think forking and switching algos could only help to eliminate the mining dumpers who are minting thousands of this coin daily and dumping them on the market. It did help Spain coin a bit with the same issue.
Just food for thought.
Yeah, I do agree it should be forked now. But the point I meant was, if being somewhat cynical, maybe it's not being forked now so Boxxa/AP can scoop up tons of maza on their own, mining. Then they fork after news comes out and prices go up. They end up with a lot of maza they otherwise wouldn't have if they changed miner rewards right now. Or again, they are simply incompetent -- that works as an explanation too. |
|
|
|
|
|
murraypaul
|
|
March 26, 2014, 11:51:32 PM |
|
Yeah, I do agree it should be forked now. But the point I meant was, if being somewhat cynical, maybe it's not being forked now so Boxxa/AP can scoop up tons of maza on their own, mining. Then they fork after news comes out and prices go up. They end up with a lot of maza they otherwise wouldn't have if they changed miner rewards right now.
And the reason you want it to be forked has nothing to do with wanting to increase the price of the coins you already have? Or is that more than somewhat cynical? |
BTC: 16TgAGdiTSsTWSsBDphebNJCFr1NT78xFW
SRC: scefi1XMhq91n3oF5FrE3HqddVvvCZP9KB
|
|
|
pepo
Member
Offline
Activity: 86
Merit: 10
|
|
March 27, 2014, 01:50:59 AM |
|
Where can i see the network hashrate of mazacoin?? Thank you.
|
|
|
|
|
|
poornamelessme
|
|
March 27, 2014, 01:55:41 AM |
|
And the reason you want it to be forked has nothing to do with wanting to increase the price of the coins you already have?
Or is that more than somewhat cynical?
I want the price to remain at least stable. I'd be lying if I didn't want the price to go up, but changing miner rewards alone won't make the price leap up a gigantic amount (or at least I'd think). Right now, there seems to be more coins than demand, as has been noted by others. I was just thinking aloud as to the obvious... as to why aren't the devs doing something about it. |
|
|
|
|
|
|
|
Miner232432
|
|
March 27, 2014, 03:00:39 AM |
|
I'm lazy, what was the CNN now truth ?
|
I am blunt, don't like it ? Too bad
|
|
|
|
|
|
murraypaul
|
|
March 27, 2014, 09:47:06 AM |
|
Could Mazacoin be tax exempt given that it's on Native American reserves?
What does on mean for a virtual currency? |
BTC: 16TgAGdiTSsTWSsBDphebNJCFr1NT78xFW
SRC: scefi1XMhq91n3oF5FrE3HqddVvvCZP9KB
|
|
|
49er.miner
Newbie
Offline
Activity: 42
Merit: 0
|
|
March 27, 2014, 04:28:09 PM
Last edit: March 27, 2014, 04:52:07 PM by 49er.miner |
|
i have been warning about too much supply and no demand along time ago....
that is why when good news comes out it doesnt effect the price anymore...
boxxa and anonpirate has already stated they will not change the algo....
nothing has improved in regards to pr....
no coordination on a volunteer community...
no info on how the premine will be distributed...not even a date of airdrop
strange movement of premine funds...
the coin has become what payu didnt want which is only a pump and dump coin....
look at maplecoin...how did that turn out? see any support from devs there?
look at how much 1000mzc is $2.10...
2 dollars will not help anyone....
move on ppl.....
there is nothing special with this coin and any other cut and paste
premined pump and dump nation coin...
here come mzc cheerleaders gonna label me a troll....and requote my post...
|
|
|
|
|
|
