[ANN] [XMG] MAGI | CPU mining | mPoW | mPoS | [MagiPay]

[joelao95]

Any idea when m-chain.info will be fixed, or if there is an alternative that is working out there?

Thanks =)

Tried to figure at some time; my job pushed me much though. Take a look at this link: https://chainz.cryptoid.info/xmg/

[Abiky]

There is a lot of activity on the markets today - but not so much on Magi, then I realised that there is not much liquidity in the market (On polo only 2000XMG for sale up to 2990sat and and only 10000XMG in demand for upto 2200sat), I'm going to release a bit more BTC/XMG into the XMG market - and its a good opportunity for everybody if you want to place buy or sell orders. There is hardly anything in the 2000-3000 satoshi range

Thanks guys, there is a lot more liquidity in the market now - We now have 24,000 XMG up to 3000sat and 25,000 XMG from 2000sat+ in sell orders. The poloniex market is looking 10 times healthier than this morning

Definitely good news for Magi! Now it would be best to hold on tight onto your XMG coins as this will probably get very interesting in the next days. Magi is finally on Poloniex and it may soon spread to other exchanges once it becomes extremely popular. I have no doubt that it will be the best alt coin yet! Prices have remained relatively stable so that is a good sign that XMG is a safe investment. Just my opinion.  

I agree to hold onto the majority of coins - but its still good to offer a small amount to the exchanges, if there is no Magi for people to buy then the coin will not be so tempting for the large investors. That's why I'm holding 80% of my coin and using the other 20% to the market no matter what the price is  (and with the recent volatility my 20% holding has increased to 30%)

Awesome, there has been a massive spike in XMG - 15BTC have invested in the last 24 hours =) Price just leaped all the way to 5.5K

And, I just noticed that the price of 5,000 is being secured with a wall of 7BTC. Very exciting times for the MagiCoin...

Completely agree with you mate. These times are very exciting for Coin Magi. It seems that there are investors that have become very interested in increasing XMG's price thus making it more valuable. It is good and bad at the same time since the more the price goes up, the more the profits but the less chances you'll get of buying some cheap Magi to prepare for the next Proof of Interest campaign.

Still, the price today has remained stable around $0.02 which is pretty good entry point (in my opinion) to get some cheap XMG before something even better happens. I am very optimistic. 

[starmman]

Any idea when m-chain.info will be fixed, or if there is an alternative that is working out there?

Thanks =)

Tried to figure at some time; my job pushed me much though. Take a look at this link: https://chainz.cryptoid.info/xmg/

Thanks for the link Joe. If there is anything I can do to help on the m-chain.info let me know I'd be happy to give you a hand.

[starmman]

And, I just noticed that the price of 5,000 is being secured with a wall of 7BTC. Very exciting times for the MagiCoin...

Completely agree with you mate. These times are very exciting for Coin Magi. It seems that there are investors that have become very interested in increasing XMG's price thus making it more valuable. It is good and bad at the same time since the more the price goes up, the more the profits but the less chances you'll get of buying some cheap Magi to prepare for the next Proof of Interest campaign.

Still, the price today has remained stable around $0.02 which is pretty good entry point (in my opinion) to get some cheap XMG before something even better happens. I am very optimistic. 

What was most interesting was there there was at one point a sell wall for 8BTC of Magi at about 6000 - it was there for a minute or two, then both walls collapsed. In my opinion, whoever put that wall in place now has a lot of Magi and will try to sell them at a profit at some point. Lets see if the 'Great Wall of Magi' reappears at some point in the future.

[starmman]

fake pump _fake walls  , walls are gone _lol

Indeed, very strange - but interesting. There were two massive walls on either side and they vanished into thin air. LOL

Do you guys know that all this is happening to make others sell at lower prices? At least that's what I'm thinking.

I dont know but as they are selling I'm buying =) I managed to get a lot more Magi over the last 24 hours - if we get another couple of days like that I'll be able to start trading on Bittrex as well as Poloniex

[mozsi]

What I meant to say is that they push up the price then let it fall back but to a higher low than before so people sell into their orders all the way.

Just take a look at the spikes that happened before in the past 7 days or so:
A big spike then higher lows and now it's the third time this is happening. Just look at the charts.

All this is happening to accumulate Magi.

At least that's what I'm thinking.

[starmman]

What I meant to say is that they push up the price then let it fall back but to a higher low than before so people sell into their orders all the way.

Just take a look at the spikes that happened before in the past 7 days or so:
A big spike then higher lows and now it's the third time this is happening. Just look at the charts.

All this is happening to accumulate Magi.

At least that's what I'm thinking.

I think so as well. Stirring up interest then letting the price drop and pulling some more in. It seems like when there is more XMG availablie on the markets it seems to push the price up a lot. But not completely sure. Could be the start of something big or just somebody speculating. Lets watch and see what happens. It probably wont be a subtle change looking at the last few weeks. LOL

[The Frisian]

Man, we don't need pump to make magi alive; I'll do ; well in part in markets anyways.

We'll wait, from start. Surprise me!

[cryptonit]

buy low sell high

walls are the tools of bigger daytraders to show where low and high are in his oppinion

in my oppinion noone try to accumulate just to farm the market

must be a unexperienced wanabe daytrader who train his skills on a micromarket

anyway activity on market is always good and daytrader create liquidity

[starmman]

buy low sell high

walls are the tools of bigger daytraders to show where low and high are in his oppinion

in my oppinion noone try to accumulate just to farm the market

must be a unexperienced wanabe daytrader who train his skills on a micromarket

anyway activity on market is always good and daytrader create liquidity

Whoever it is has a massive stack of Magi now, That sell wall was enormous can't remember if it was 8 or 11BTC now.

[MrGate]

Hi i'm new in magi, mining and supportng.

Today a strange thing happened in the case of mining et hashrate osillates between 35mhs to 120 mhs and mining is not to much profitable as yesterday.

Does anyone know what 's going on ?

Thanks for the help.

[starmman]

Hi i'm new in magi, mining and supportng.

Today a strange thing happened in the case of mining et hashrate osillates between 35mhs to 120 mhs and mining is not to much profitable as yesterday.

Does anyone know what 's going on ?

Thanks for the help.

Hi,

Welcome to the Magi community, the block reward is based on the hash rate, so when it increases people stop mining and when is decreases people start mining. These spikes happen quite often. In my experience its best to keep some processors running magi all the time but on a lower hash rate, and mine other CPU coins in the backgroud. Its difficult to build magi quickly because as soon as you (or somebody else) ups the hash rate there are no rewards, this stops the whales from taking all the coins. Best thing to do is stick in and build up the Magi slowly.

sweetspot miner was made to check the hashrate and adjust processing accordingly, but its not working right now.

[TrippyPippy]

Hi Guys,

I am using wallet 1.2.3.1 - is that the latest or is there an update ?

Regards

[111magic]

Hi Guys,

I am using wallet 1.2.3.1 - is that the latest or is there an update ?

Regards

https://bitcointalk.org/index.php?topic=735170.0
Check the link above to see page 1 from the Magi thread. Links to new ( latest ) wallet version are there.
The one you use is not the new and faster wallet!

[starmman]

Hi Guys,

I am using wallet 1.2.3.1 - is that the latest or is there an update ?

Regards

https://bitcointalk.org/index.php?topic=735170.0
Check the link above to see page 1 from the Magi thread. Links to new ( latest ) wallet version are there.
The one you use is not the new and faster wallet!

Is the a planned date for the official release of the new wallet. I'm still using the old wallet on my main staking account until then.

[DenisMan]

I have a question to miners.
If it possible to give me a solution about a hardware which is
most powerful for today at XMG ?
So, also, who's tried a Opteron s6000 cpu's ?

[allsir]

i thing good roadmap will be nice ,and we can see where we are going to go 

[111magic]

i thing good roadmap will be nice ,and we can see where we are going to go 

Yes that would be nice!

[111magic]

i thing good roadmap will be nice ,and we can see where we are going to go 

Yes that would be nice!

Think some members are already working on a sort of roadmap for Magi. I will look into this when Iam home.

[starmman]

i thing good roadmap will be nice ,and we can see where we are going to go 

Yes that would be nice!

Think some members are already working on a sort of roadmap for Magi. I will look into this when Iam home.

Great, would be very nice to see a Magi roadmap, there are lots of things going on in Magi so its difficult to keep track of everything on the forum thread