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Author Topic: [ANN] [XMG] MAGI | CPU mining | mPoW | mPoS | [MagiPay]  (Read 1840649 times)
Quartx
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January 14, 2015, 06:57:40 AM
 #5061

How would one go about "staking" coins?

There was discussion about this recently. Essentially, moving coins around creates transactions. These transactions will be staked a few days later. See this posting:-

https://bitcointalk.org/index.php?topic=735170.msg10016863#msg10016863



So all I have to do is to move coins from one address to another and after a few days I will have rewards from staking depending on the the amount of coins I stake or move around?

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ex33s
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January 14, 2015, 07:01:43 AM
 #5062

Btc panic-sell = bad sell -- other coins will feel that also.
Magi can use this moment to grow. Other people will invest in Magi. Bitstamp is also back online.


I'm sorry, i could not resist buying, bought 17K.

Good Smiley

Always good to get some cheap xmg Smiley

Spexx
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January 14, 2015, 07:16:19 AM
 #5063

How would one go about "staking" coins?

There was discussion about this recently. Essentially, moving coins around creates transactions. These transactions will be staked a few days later. See this posting:-

https://bitcointalk.org/index.php?topic=735170.msg10016863#msg10016863



So all I have to do is to move coins from one address to another and after a few days I will have rewards from staking depending on the the amount of coins I stake or move around?

Yep, that's the ticket. I run two wallets (on two old junk-pile Pentiums) and regularly move a few hundred XMG around. Make sure that you do not "send" coins while the wallet is showing an amount "in stake". One little tip here is that after you have sent some coins, you must remember to unlock the wallet for staking again afterwards (which is a bit of a pain actually but there we are).

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January 14, 2015, 07:54:00 AM
 #5064

Spexx we need to look into that option about the exchange. Also take look here: http://t.co/fSvLk8GQCt If it's offline than there is work in progress! Smiley
Btw. Best advice for the future is buy cheap XMG hold them and Let the time suprices you!


  Coin MAGI  . XMG  
Coin Source : Trust Verified    [ ★ ★ ★ ★ ★ ★ ★ ]
  ♓ XMG 97XBFXZX5Ce77BQWGbg5N5ygCyqmwGJ1Z8
  ANN THREAD MAGIPAY FAQ FORUM
BTC 1J7wFce3Ve8iPoY3BXQRvvLLcg6mfWSQHz
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January 14, 2015, 10:35:24 AM
 #5065

This new song was especially made for Magicoin. While singing, these girls were thinking of our great Magic dev Joe!

https://www.youtube.com/watch?v=dmEa2cotw8M



Nice! lol
Like the song!


  Coin MAGI  . XMG  
Coin Source : Trust Verified    [ ★ ★ ★ ★ ★ ★ ★ ]
  ♓ XMG 97XBFXZX5Ce77BQWGbg5N5ygCyqmwGJ1Z8
  ANN THREAD MAGIPAY FAQ FORUM
BTC 1J7wFce3Ve8iPoY3BXQRvvLLcg6mfWSQHz
aalexanderr
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January 14, 2015, 11:48:34 AM
 #5066

This new song was especially made for Magicoin. While singing, these girls were thinking of our great Magic dev Joe!

https://www.youtube.com/watch?v=dmEa2cotw8M

http://i60.tinypic.com/90p06d.jpg

FFS it's not original. Original is much better.

Original: O'G3NE - Magic (Official Video The Story Of My Life) The voice of Holland 2014 -> https://www.youtube.com/watch?v=HIDh0tZZ8WU
Jamil.Kamil
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January 14, 2015, 12:05:22 PM
 #5067

 Coin Magi one of my favourite coins.... Smiley

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January 14, 2015, 12:43:31 PM
 #5068

Best advice for the future is buy cheap XMG hold them and Let the time suprices you!

Sound advice. I can hardly believe how cheaply you can buy a whole load of XMG right now. XMG is way under-valued at the current prices on Bittrex. Looking elsewhere you will be lucky to find anyone willing to let XMG go so cheaply. There's a storm coming, but XMG has a kind of magic ...

https://www.youtube.com/watch?v=NLxN0wpFoP8

joelao95
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January 14, 2015, 01:30:24 PM
 #5069

Magi is a very nice and rare coin. I don't care about the market prices, as it really is dedicated by the community at large. There is features that will come out of the Magi DNA and you'll all be ground breaking the new innovations of the future.  I think we just need to spread the message across some more.

Do we have a market place for buying/selling XMG other than Exchanges?
Always good to get some cheap xmg Smiley

Welcome back mate; I have dead thoughts on this, suggestions will be appreciated.
Quote
Do we have a market place for buying/selling XMG other than Exchanges?


We could do with new markets. I thought a direct currency exchange UKP/XMG would be really useful here in the UK. How difficult would that be?
An easy way is to find exchanges who offer the UKP option and bring XMG to there.


  Coin MAGI  . XMG   
Coin Source : Trust Verified    [ ★ ★ ★ ★ ★ ★ ★ ]
  ♓.NΣTWORK-DΣPΣNDΣNT  RΣWARDING SYSTΣM  ※ 
  ANN THREAD MAGIPAY FAQ FORUM
.CPU Mining   PoS-II   PoM   Unique Block Reward 
joelao95
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January 14, 2015, 01:33:57 PM
 #5070

Best advice for the future is buy cheap XMG hold them and Let the time suprices you!

Sound advice. I can hardly believe how cheaply you can buy a whole load of XMG right now. XMG is way under-valued at the current prices on Bittrex. Looking elsewhere you will be lucky to find anyone willing to let XMG go so cheaply. There's a storm coming, but XMG has a kind of magic ...

https://www.youtube.com/watch?v=NLxN0wpFoP8
I can't resist to buy a bag too. Cheesy


  Coin MAGI  . XMG   
Coin Source : Trust Verified    [ ★ ★ ★ ★ ★ ★ ★ ]
  ♓.NΣTWORK-DΣPΣNDΣNT  RΣWARDING SYSTΣM  ※ 
  ANN THREAD MAGIPAY FAQ FORUM
.CPU Mining   PoS-II   PoM   Unique Block Reward 
joelao95
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January 14, 2015, 01:40:28 PM
 #5071

We're doing the MagiPay test; frankly it's not easy to get to an easy-to-use phase, but we're working on it.

Digithusiast, do you think we should get the option of easily integrating with WooCommerce; in that way, people can easily set up magipay by using wordpress.


  Coin MAGI  . XMG   
Coin Source : Trust Verified    [ ★ ★ ★ ★ ★ ★ ★ ]
  ♓.NΣTWORK-DΣPΣNDΣNT  RΣWARDING SYSTΣM  ※ 
  ANN THREAD MAGIPAY FAQ FORUM
.CPU Mining   PoS-II   PoM   Unique Block Reward 
The Frisian
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January 14, 2015, 02:23:26 PM
 #5072

We're doing the MagiPay test; frankly it's not easy to get to an easy-to-use phase, but we're working on it.

Digithusiast, do you think we should get the option of easily integrating with WooCommerce; in that way, people can easily set up magipay by using wordpress.

Good idea!
Also make a php plugin for presta and magento, someday.
(or let it be integrated with other psp, like buckaroo or multisavepay)
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January 14, 2015, 02:34:14 PM
 #5073

Best advice for the future is buy cheap XMG hold them and Let the time suprices you!

Sound advice. I can hardly believe how cheaply you can buy a whole load of XMG right now. XMG is way under-valued at the current prices on Bittrex.
Looking elsewhere you will be lucky to find anyone willing to let XMG go so cheaply. There's a storm coming, but XMG has a kind of magic ...

https://www.youtube.com/watch?v=NLxN0wpFoP8
I can't resist to buy a bag too. Cheesy

The price (now 4300) is 60% of the price (old 7300) before the double dump.
ex33s
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January 14, 2015, 02:36:40 PM
 #5074

Always good to get some cheap xmg Smiley
Welcome back mate; I have dead thoughts on this, suggestions will be appreciated.

Thanks Smiley

I think with the release of magipay that will change.

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January 14, 2015, 07:00:07 PM
 #5075

I don't understand why some are selling XMG for 3000sat at this time. Time, energy and costs needed to mine 1 XMG are more expensive than 3000sat, isn't it?

That, of course, depends.

Code:
Donations: BTC: 1WoLFdwcfNEg64fTYsX1P25KUzzSjtEZC -- XMR: 45SLUTzk7UXYHmzJ7bFN6FPfzTusdUVAZjPRgmEDw7G3SeimWM2kCdnDQXwDBYGUWaBtZNgjYtEYA22aMQT4t8KfU3vHLHG
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January 14, 2015, 07:44:53 PM
 #5076

I don't understand why some are selling XMG for 3000sat at this time. Time, energy and costs needed to mine 1 XMG are more expensive than 3000sat, isn't it?

That, of course, depends.

That is an interesting statement :-) Could you reveal a bit more of the mystery?

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January 14, 2015, 08:14:28 PM
 #5077

I don't understand why some are selling XMG for 3000sat at this time. Time, energy and costs needed to mine 1 XMG are more expensive than 3000sat, isn't it?

That, of course, depends.

That is an interesting statement :-) Could you reveal a bit more of the mystery?

Power cost, mining method, power used per kh/s, etc differ between people.

Code:
Donations: BTC: 1WoLFdwcfNEg64fTYsX1P25KUzzSjtEZC -- XMR: 45SLUTzk7UXYHmzJ7bFN6FPfzTusdUVAZjPRgmEDw7G3SeimWM2kCdnDQXwDBYGUWaBtZNgjYtEYA22aMQT4t8KfU3vHLHG
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January 14, 2015, 08:26:08 PM
 #5078

@Wolf0
You are right. Happy to hear that, for a moment I was worried you build a turbo-XMG-miner or something  Wink
I guess now it has become more difficult to mine XMG and there are only a few thousand (does anyone know how many approx.?) XMG mined every day,
there will not be a lot of dumping going on.
Also those who were bringing the price down, were deliberately doing so, as they sold under the highest bid to keep the high % decrease in play.
At this time, price is rising again, and some of us bought a lot more XMG at a very nice price, and holding them, not selling.

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January 14, 2015, 09:00:31 PM
 #5079



https://mega.co.nz/#!mJJUFSxT!kbJQJn50FeePaKXuUcIVAblDQ2W4UDGpT3nTF2XMYwE

Feel free to use these!


  Coin MAGI  . XMG  
Coin Source : Trust Verified    [ ★ ★ ★ ★ ★ ★ ★ ]
  ♓ XMG 97XBFXZX5Ce77BQWGbg5N5ygCyqmwGJ1Z8
  ANN THREAD MAGIPAY FAQ FORUM
BTC 1J7wFce3Ve8iPoY3BXQRvvLLcg6mfWSQHz
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January 14, 2015, 09:12:10 PM
 #5080


what is this?
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