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

[batesresearch]

Our discounts will be ending on the 25th September 2016 on orders paying with XMG. Current discounts include 20% off monthly orders, 25% off 6 monthly orders and 30% off annual orders.

[The Frisian]

"The application has the Runtime to terminate it in an unusual way.
Please contact the applicaion's support team for more information."

I have had this a several times now with the new wallet software.
My wallet became corrupt after a windows hard reset.

I solved it this way:
Save your wallet from the appdata\roaming map en delete this wallet.
Restart the XMG wallet software, if no problem it was your wallet.
Then try to find an older version your wallet and use this one.
The wallet will be updated correctly.

ALWAYS SAVE YOUR WALLET BEFORE DOING ANYTHING, PLEASE!

[111magic]

Our discounts will be ending on the 25th September 2016 on orders paying with XMG. Current discounts include 20% off monthly orders, 25% off 6 monthly orders and 30% off annual orders.

Thanks batesresearch for the info & thanks for the discount period for XMG. Hope you will  inform the community when a new discount period starts!

[rendravolt]

High prices do not last long.

[K1lo]

Is there a API / page I can scrape which will give me the current/previous block XMG reward?

[The Frisian]

another pump and dump . now time to buy again at 3500  

I love this XMG pump, and last week the NAV pump.
But I think XMG will go much higher than NAV.
So be prepared for 20K sat for XMG.
In the meantime sell high and buy again low to stay at XMG.
(but 3500 will take a long time I guess)

I like the volume. On Bittrex Magi is on the first page. Volume more than 26 BTC.
Poloniex more than 343 BTC in the last 24 hours.
Its a new record!!

That was yesterday, today's new record : 24hr Volume: 385.14908396 BTC / 4677965.86534492 XMG
(with an outstanding amount of 5,723,342 XMG)

[pwpwpw]

Can someone give me an example of PoS rewards ? Say you buy 5k or 10k coins and stake it, what is your monthly reward aprox ?

[The Frisian]

Can someone give me an example of PoS rewards ? Say you buy 5k or 10k coins and stake it, what is your monthly reward aprox ?

If you use coin control, around 1 XMG every 10K coins a day.

[Erkallys]

"The application has the Runtime to terminate it in an unusual way.
Please contact the applicaion's support team for more information."

I have had this a several times now with the new wallet software.
My wallet became corrupt after a windows hard reset.

I solved it this way:
Save your wallet from the appdata\roaming map en delete this wallet.
Restart the XMG wallet software, if no problem it was your wallet.
Then try to find an older version your wallet and use this one.
The wallet will be updated correctly.

ALWAYS SAVE YOUR WALLET BEFORE DOING ANYTHING, PLEASE!

Problem is that I'm no more using the new wallet, but the latest stable one, 1.2. I'll try to download everything again, since I'm no more in a urge due to that very low price.

[111magic]

Erkallys try to use the latest wallet version.

[Erkallys]

Erkallys try to use the latest wallet version.

That's what I'm doing amigo. I'm actually in synchronisation. Is it me or is it faster using the new wallet ?

[111magic]

Erkallys try to use the latest wallet version.

That's what I'm doing amigo. I'm actually in synchronisation. Is it me or is it faster using the new wallet ?

Its faster!!! Well done amigo!

[Abiky]

Hi all, im new with Magi and just bought some, anybody have kept the coin and mining in POSwallet?

Welcome to Coin Magi, mate! This is by far one of the best cryptocurrencies in the alt coin world. It has nice development, and most of all a solid community making it stand for long term. I've not tried POSWallet yet, but I'm sure that as soon as I put some XMG into it I will share my experiences with you.

The best thing about Coin Magi is that it aims for mining decentralization (unlike Bitcoin) whereas the bigger the network hashrate, the lower the reward thus making it a great way for any average Joe to get into the mining game. Also, you can choose to stake your coin balance if you prefer (sort of like a savings account in a bank where you earn interest) for even bigger earnings. The POI or Proof of Interest campaign is also a great way to earn interest from your XMG holdings and it is just days away from becoming a reality. 

[cryptonit]

Can someone give me an example of PoS rewards ? Say you buy 5k or 10k coins and stake it, what is your monthly reward aprox ?

If you use coin control, around 1 XMG every 10K coins a day.

theoretic its like 5%
but realistic its like 3% a year

because only below 50% of total coins compete for POS

the POS side of this coin is ultralow inflation of like 1.5% a year
the very high inflation is coming from the POW side and its exploitable mining rewards system

the only way to keep POW rewards low and stop inflation until joe fix it
would be place high POW mininghashrate in so rewards stay constant low

as long as people mine in waves the POW inflation is very high

[xms]

Erkallys try to use the latest wallet version.

That's what I'm doing amigo. I'm actually in synchronisation. Is it me or is it faster using the new wallet ?

Its faster!!! Well done amigo!

.

hey magic,

long time no see, how is it?

but im using the test xmg wallet and i have no problem what so ever

nice to hear of the new poi thats comming.

gr xms

[pwpwpw]

Can someone give me an example of PoS rewards ? Say you buy 5k or 10k coins and stake it, what is your monthly reward aprox ?

If you use coin control, around 1 XMG every 10K coins a day.

theoretic its like 5%
but realistic its like 3% a year

because only below 50% of total coins compete for POS

the POS side of this coin is ultralow inflation of like 1.5% a year
the very high inflation is coming from the POW side and its exploitable mining rewards system

the only way to keep POW rewards low and stop inflation until joe fix it
would be place high POW mininghashrate in so rewards stay constant low

as long as people mine in waves the POW inflation is very high

How exactly is pow exploited ? I'm new to this coin.

[Erkallys]

I'm losing patience. I've resynchronised for the third time now with the new wallet, and I always get that Runtine error that end my wallet.

[batesresearch]

Thanks batesresearch for the info & thanks for the discount period for XMG. Hope you will  inform the community when a new discount period starts!

We will do! Thanks for all your support.

[111magic]

Can someone give me an example of PoS rewards ? Say you buy 5k or 10k coins and stake it, what is your monthly reward aprox ?

If you use coin control, around 1 XMG every 10K coins a day.

theoretic its like 5%
but realistic its like 3% a year

because only below 50% of total coins compete for POS

the POS side of this coin is ultralow inflation of like 1.5% a year
the very high inflation is coming from the POW side and its exploitable mining rewards system

the only way to keep POW rewards low and stop inflation until joe fix it
would be place high POW mininghashrate in so rewards stay constant low

as long as people mine in waves the POW inflation is very high

How exactly is pow exploited ? I'm new to this coin.

Welcome to our awesome Magi community.
Check this for more info https://bitcointalk.org/index.php?topic=735170.msg9991269#msg9991269

[starmman]

Looks like the price is getting down towards normal levels again now (for me, that's my previous trading range) - its been a bit of a whirlwind over the last few days. Its great that lots more people are aware of the coin