[MZC] MazaCoin *National Currency of the Traditional Lakota Nation* | NEW THREAD

[Mathgamain]

murraypaul ,stompix and perezoso I understand your concern. However in life as well as in business it is useless to look backwards. Let us be happy for the new dev team, possible new tribes joining, and the hard fork

that will keep the inflation in order.

Maza Coin has a price and a value, it is fairly small at the moment, but will begin to rise slowly.

50M coin premine is worth 10 BTC, or about $6500 -> this is still money - a new beginning from where we can start again.

I believe we should not take the Dogecoin approach and think one mzc is one mzc.

We should monitor mzc against gold, BTC, dollar, euros, coffee, bread, silver etc.. This is the essence of currency. Doge supporters can not hide the fact their currency value is decreasing. We also cannot hide the fact

that mzc has very modest value at the moment, and why should we? It's only 4 months old.

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[open82buy]

murraypaul ,stompix and perezoso I understand your concern. However in life as well as in business it is useless to look backwards. Let us be happy for the new dev team, possible new tribes joining, and the hard fork

that will keep the inflation in order.

Maza Coin has a price and a value, it is fairly small at the moment, but will begin to rise slowly.

50M coin premine is worth 10 BTC, or about $6500 -> this is still money - a new beginning from where we can start again.

I believe we should not take the Dogecoin approach and think one mzc is one mzc.

We should monitor mzc against gold, BTC, dollar, euros, coffee, bread, silver etc.. This is the essence of currency. Doge supporters can not hide the fact their currency value is decreasing. We also cannot hide the fact

that mzc has very modest value at the moment, and why should we? It's only 4 months old.

  +1 Good post.

[stompix]

murraypaul ,stompix and perezoso I understand your concern. However in life as well as in business it is useless to look backwards. Let us be happy for the new dev team, possible new tribes joining, and the hard fork

that will keep the inflation in order.

Maza Coin has a price and a value, it is fairly small at the moment, but will begin to rise slowly.

50M coin premine is worth 10 BTC, or about $6500 -> this is still money - a new beginning from where we can start again.

I believe we should not take the Dogecoin approach and think one mzc is one mzc.

We should monitor mzc against gold, BTC, dollar, euros, coffee, bread, silver etc.. This is the essence of currency. Doge supporters can not hide the fact their currency value is decreasing. We also cannot hide the fact

that mzc has very modest value at the moment, and why should we? It's only 4 months old.

Actually that value is not true.
You have 6500$ of coins if the price keeps the same level while you sell all your coins.
It won't happen. You're looking more to some 4000$.

What's that? The average wage in a well developed country for 1 month?

Go to a shop in the US and tell me what can you buy for 10 000 people with 4000$.
You'll spend more on gas that the goods.

[owlhooter]

murraypaul ,stompix and perezoso I understand your concern. However in life as well as in business it is useless to look backwards. Let us be happy for the new dev team, possible new tribes joining, and the hard fork

that will keep the inflation in order.

Maza Coin has a price and a value, it is fairly small at the moment, but will begin to rise slowly.

50M coin premine is worth 10 BTC, or about $6500 -> this is still money - a new beginning from where we can start again.

I believe we should not take the Dogecoin approach and think one mzc is one mzc.

We should monitor mzc against gold, BTC, dollar, euros, coffee, bread, silver etc.. This is the essence of currency. Doge supporters can not hide the fact their currency value is decreasing. We also cannot hide the fact

that mzc has very modest value at the moment, and why should we? It's only 4 months old.

Actually that value is not true.
You have 6500$ of coins if the price keeps the same level while you sell all your coins.
It won't happen. You're looking more to some 4000$.

What's that? The average wage in a well developed country for 1 month?

Go to a shop in the US and tell me what can you buy for 10 000 people with 4000$.
You'll spend more on gas that the goods.

The same could be said of bitcoin 4 years ago.

[WalkerIVIV]

murraypaul ,stompix and perezoso I understand your concern. However in life as well as in business it is useless to look backwards. Let us be happy for the new dev team, possible new tribes joining, and the hard fork

that will keep the inflation in order.

Maza Coin has a price and a value, it is fairly small at the moment, but will begin to rise slowly.

50M coin premine is worth 10 BTC, or about $6500 -> this is still money - a new beginning from where we can start again.

I believe we should not take the Dogecoin approach and think one mzc is one mzc.

We should monitor mzc against gold, BTC, dollar, euros, coffee, bread, silver etc.. This is the essence of currency. Doge supporters can not hide the fact their currency value is decreasing. We also cannot hide the fact

that mzc has very modest value at the moment, and why should we? It's only 4 months old.

Actually that value is not true.
You have 6500$ of coins if the price keeps the same level while you sell all your coins.
It won't happen. You're looking more to some 4000$.

What's that? The average wage in a well developed country for 1 month?

Go to a shop in the US and tell me what can you buy for 10 000 people with 4000$.
You'll spend more on gas that the goods.

The same could be said of bitcoin 4 years ago.

I told that several times ..noone listening .. for more Payu said also it take years to reach sucess it will be hard but finally everyone will be smilling even we hit 0.01USD after 4 years it´s still thousands %+

[stompix]

murraypaul ,stompix and perezoso I understand your concern. However in life as well as in business it is useless to look backwards. Let us be happy for the new dev team, possible new tribes joining, and the hard fork

that will keep the inflation in order.

Maza Coin has a price and a value, it is fairly small at the moment, but will begin to rise slowly.

50M coin premine is worth 10 BTC, or about $6500 -> this is still money - a new beginning from where we can start again.

I believe we should not take the Dogecoin approach and think one mzc is one mzc.

We should monitor mzc against gold, BTC, dollar, euros, coffee, bread, silver etc.. This is the essence of currency. Doge supporters can not hide the fact their currency value is decreasing. We also cannot hide the fact

that mzc has very modest value at the moment, and why should we? It's only 4 months old.

Actually that value is not true.
You have 6500$ of coins if the price keeps the same level while you sell all your coins.
It won't happen. You're looking more to some 4000$.

What's that? The average wage in a well developed country for 1 month?

Go to a shop in the US and tell me what can you buy for 10 000 people with 4000$.
You'll spend more on gas that the goods.

The same could be said of bitcoin 4 years ago.

That's some thing people don't understand.
From the start mazacoin had a value of x satoshi... based on what? Nothing.
It actually got the price purely based on how people thought mazacoin would follow bitcoin.

Bitcoin went through all the values from 10 000 a pizza to 1 btc =1000$ on demand and usage it didn't start at a value of x usd.
Mazacoin started from an arbitrary point and it's still on an arbitrary point based on no real usage just speculation.

So stop comparing any other coin with bitcoin.

[owlhooter]

murraypaul ,stompix and perezoso I understand your concern. However in life as well as in business it is useless to look backwards. Let us be happy for the new dev team, possible new tribes joining, and the hard fork

that will keep the inflation in order.

Maza Coin has a price and a value, it is fairly small at the moment, but will begin to rise slowly.

50M coin premine is worth 10 BTC, or about $6500 -> this is still money - a new beginning from where we can start again.

I believe we should not take the Dogecoin approach and think one mzc is one mzc.

We should monitor mzc against gold, BTC, dollar, euros, coffee, bread, silver etc.. This is the essence of currency. Doge supporters can not hide the fact their currency value is decreasing. We also cannot hide the fact

that mzc has very modest value at the moment, and why should we? It's only 4 months old.

Actually that value is not true.
You have 6500$ of coins if the price keeps the same level while you sell all your coins.
It won't happen. You're looking more to some 4000$.

What's that? The average wage in a well developed country for 1 month?

Go to a shop in the US and tell me what can you buy for 10 000 people with 4000$.
You'll spend more on gas that the goods.

The same could be said of bitcoin 4 years ago.

That's some thing people don't understand.
From the start mazacoin had a value of x satoshi... based on what? Nothing.
It actually got the price purely based on how people thought mazacoin would follow bitcoin.

Bitcoin went through all the values from 10 000 a pizza to 1 btc =1000$ on demand and usage it didn't start at a value of x usd.
Mazacoin started from an arbitrary point and it's still on an arbitrary point based on no real usage just speculation.

So stop comparing any other coin with bitcoin.

 I think you made my point.  MZC started higher due to speculation based on bitcoin.  It is still in it's price discovery phase as we work on adoption and usage.

[stompix]

I think you made my point.  MZC started higher due to speculation based on bitcoin.  It is still in it's price discovery phase as we work on adoption and usage.

So it's going to 1 dogetoshi as there is no adoption and no usage.
Actually both adoption rate and usage have dropped since the peak so this might end a coin where you must pay somebody to take it from you.

[perezoso]

Meh.  Who cares?  Deleted.

[Paxter]

in a couple minute the value for new mined coins will rise by a factor of 5

[Paxter]

now at block 99999

[owlhooter]

And welcome to the fork everyone, if you still haven't updated your wallets, please do so now.

[Paxter]

united miners pool did not update wallet they run their own fork sad

[guruvan]

Mazacha.in is showing current transactions, and is on the correct fork

We have also verified that p2pool.maza.club is on the correct fork and finding blocks

A withdrawal from Mintpal to our pool's address was successful. A transfer from Cryptsy to Mintpal was also successful.

We are verifying payouts on our PPS pool as I write this. Mergemining payouts are not yet complete. Contact me on twitter @guruvan or mailto:guruvan@ShastaFarEye.net if you'dlike early access. 

[owlhooter]

united miners pool did not update wallet they run their own fork sad

Looks like hamster is on the wrong fork too.  I contacted all pools we had listed on the OP and notified them of the fork a week before the fork.  So they had plenty of time to update.

[RedGummyBear]

Which pool is on the correct fork then?

[guruvan]

Which pool is on the correct fork then?

You can mine here: http://p2pool.maza.club:14477 with your MZC address as username this weekend, and Monday we'll have PPS and mergeming.

[serejandmyself]

maza to ze moon

[Paxter]

sell order on mintpal and cryptsy are moving up i cannot say to the moon but...

[guruvan]

owlhooter: Avg block time looks pretty solid. Great work. Thanks.