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Author Topic: [ANN] [XMG] MAGI | CPU mining | mPoW | mPoS | [MagiPay]  (Read 2375300 times)
starmman
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June 21, 2017, 08:48:19 PM
 #15981

I'm feeling really bad about mining Magi - there's really no "profit" anymore.
Block reward barely even pass 2 XMG.

Ppl just don't want to get it Sad

Oh my, where are those happy times when you could mine 20XMG per day  Cry
Seems like many people are mining magi right now - same problem for me - good thing is that the price is pretty high - I did some maths. The $ value of 2XMG is way higher than the $ value of 20XMG 14 months ago when market cap was much lower - I get 2.5x based on 1,000,000 and 40,000 market caps

The great and unique thing about magi is that the harder it is to acquire, the higher the demand (price) increases, so those who have been mining a lot in the past get the reward on the demand.

I kept most of my mined magi in a wallet so the days when magi was worth 0.005 are now paying off =)

I usually find people get bored quickly if the mining rewards are not high - maybe we'll see better rewards again later on (probably if the price drops some day)
111magic
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June 21, 2017, 08:54:15 PM
 #15982

https://coinmarketcap.com/currencies/views/all/

Last week Magi was just below the 300 in the ranking.
Now it shows 215  Grin
Can Magi enter the top 200 there!

bitcoin: bc1qyadvvyv29z08ln2ta7g3uqwzkscr7wq4p09wuz
hefty
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June 21, 2017, 11:40:35 PM
 #15983

https://coinmarketcap.com/currencies/views/all/

Last week Magi was just below the 300 in the ranking.
Now it shows 215  Grin
Can Magi enter the top 200 there!

1 magi will be 1 us dollar by the end of the year, after Joe enable SegWit to the moon Smiley

hefty
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June 21, 2017, 11:50:48 PM
Last edit: June 22, 2017, 01:31:05 AM by hefty
 #15984

Nice volume on Bittrex for Magi Smiley

BTW whats happening with ETH?

look what i posted in etherium thread day before crash,
https://bitcointalk.org/index.php?topic=428589.14240
i think it will pump and dump few more times until settles on more reasonable price

hefty
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June 22, 2017, 12:27:01 AM
 #15985

I'm feeling really bad about mining Magi - there's really no "profit" anymore.
Block reward barely even pass 2 XMG.

Ppl just don't want to get it Sad

Oh my, where are those happy times when you could mine 20XMG per day  Cry
Seems like many people are mining magi right now - same problem for me - good thing is that the price is pretty high - I did some maths. The $ value of 2XMG is way higher than the $ value of 20XMG 14 months ago when market cap was much lower - I get 2.5x based on 1,000,000 and 40,000 market caps

The great and unique thing about magi is that the harder it is to acquire, the higher the demand (price) increases, so those who have been mining a lot in the past get the reward on the demand.

I kept most of my mined magi in a wallet so the days when magi was worth 0.005 are now paying off =)

I usually find people get bored quickly if the mining rewards are not high - maybe we'll see better rewards again later on (probably if the price drops some day)

I mined when i was getting 50xmg per day and never sold 1 xmg and i will not do it now either i kept all and only sent few donations. I am happy that miners are now mining magi for future worth of it, that is a good sign. Same when ppl mined darkcoin 4 years ago with great loss (me included) well now they are happy.  I am not mining currently just minting. But i would mine if i have hash power that i used to have now i will rather buy some more and mint.
I am excited for future especially SegWit and magipay gateway, after that i hope that Joe can get some funding so he can pay team of devs to work for him and make his dreams come true even quicker. He alone does more job than groups of devs on 90% coins out there. It is going slow but bc of him and rest of the community around magi i believe in bright future. Smiley

joelao95 (OP)
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June 22, 2017, 04:08:58 AM
 #15986

Congrats Joelao95 
You are promoted as Legendary Smiley

So that's a legendary post.  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 (OP)
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June 22, 2017, 04:15:35 AM
 #15987

I'm feeling really bad about mining Magi - there's really no "profit" anymore.
Block reward barely even pass 2 XMG.

Ppl just don't want to get it Sad

Oh my, where are those happy times when you could mine 20XMG per day  Cry
Seems like many people are mining magi right now - same problem for me - good thing is that the price is pretty high - I did some maths. The $ value of 2XMG is way higher than the $ value of 20XMG 14 months ago when market cap was much lower - I get 2.5x based on 1,000,000 and 40,000 market caps

The great and unique thing about magi is that the harder it is to acquire, the higher the demand (price) increases, so those who have been mining a lot in the past get the reward on the demand.

I kept most of my mined magi in a wallet so the days when magi was worth 0.005 are now paying off =)

I usually find people get bored quickly if the mining rewards are not high - maybe we'll see better rewards again later on (probably if the price drops some day)

I mined when i was getting 50xmg per day and never sold 1 xmg and i will not do it now either i kept all and only sent few donations. I am happy that miners are now mining magi for future worth of it, that is a good sign. Same when ppl mined darkcoin 4 years ago with great loss (me included) well now they are happy.  I am not mining currently just minting. But i would mine if i have hash power that i used to have now i will rather buy some more and mint.
I am excited for future especially SegWit and magipay gateway, after that i hope that Joe can get some funding so he can pay team of devs to work for him and make his dreams come true even quicker. He alone does more job than groups of devs on 90% coins out there. It is going slow but bc of him and rest of the community around magi i believe in bright future. Smiley

Thanks bud, I wish we're just stepping up.

It'll also be my hope as to getting most rewards fairness if that is the case that matters much.


  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 (OP)
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June 22, 2017, 04:21:39 AM
 #15988

The coinmarketcap markets page is missing few other exchanges. I did requests but seems being ignored. If more people send requests of updating extra exchanges, will get that page likely be updated that will somewhat bring us to a broad audience.


  Coin MAGI  . XMG   
Coin Source : Trust Verified    [ ★ ★ ★ ★ ★ ★ ★ ]
  ♓.NΣTWORK-DΣPΣNDΣNT  RΣWARDING SYSTΣM  ※ 
  ANN THREAD MAGIPAY FAQ FORUM
.CPU Mining   PoS-II   PoM   Unique Block Reward 
starmman
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June 22, 2017, 05:51:37 AM
 #15989

The coinmarketcap markets page is missing few other exchanges. I did requests but seems being ignored. If more people send requests of updating extra exchanges, will get that page likely be updated that will somewhat bring us to a broad audience.
I've noticed that there needs to be a minimum volume on some exchanges for it to register on CMC - They did, for instance add nova, however since we only trade a few Magi on there per day it doesn't seem to register. Would be great if the amount of magi available was spread more evenly across the exchanges. We'd probably get a few more results up on CMC...
111magic
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June 22, 2017, 07:08:07 AM
 #15990

The coinmarketcap markets page is missing few other exchanges. I did requests but seems being ignored. If more people send requests of updating extra exchanges, will get that page likely be updated that will somewhat bring us to a broad audience.
I've noticed that there needs to be a minimum volume on some exchanges for it to register on CMC - They did, for instance add nova, however since we only trade a few Magi on there per day it doesn't seem to register. Would be great if the amount of magi available was spread more evenly across the exchanges. We'd probably get a few more results up on CMC...
Is that on coinmarketcap only or also on coingecko?
I will check it also and contact them.

bitcoin: bc1qyadvvyv29z08ln2ta7g3uqwzkscr7wq4p09wuz
starmman
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June 22, 2017, 07:11:18 AM
 #15991

The coinmarketcap markets page is missing few other exchanges. I did requests but seems being ignored. If more people send requests of updating extra exchanges, will get that page likely be updated that will somewhat bring us to a broad audience.
I've noticed that there needs to be a minimum volume on some exchanges for it to register on CMC - They did, for instance add nova, however since we only trade a few Magi on there per day it doesn't seem to register. Would be great if the amount of magi available was spread more evenly across the exchanges. We'd probably get a few more results up on CMC...
Is that on coinmarketcap only or also on coingecko?
I will check it also and contact them.
I don't use coingecko, so not sure. Certainly its the case on CMC. If we drive a bit of volume for a few days on nova and yobit, I'm sure they will be automatically listed on CMC...
111magic
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June 22, 2017, 07:14:28 AM
 #15992

The coinmarketcap markets page is missing few other exchanges. I did requests but seems being ignored. If more people send requests of updating extra exchanges, will get that page likely be updated that will somewhat bring us to a broad audience.
I've noticed that there needs to be a minimum volume on some exchanges for it to register on CMC - They did, for instance add nova, however since we only trade a few Magi on there per day it doesn't seem to register. Would be great if the amount of magi available was spread more evenly across the exchanges. We'd probably get a few more results up on CMC...
Is that on coinmarketcap only or also on coingecko?
I will check it also and contact them.
I don't use coingecko, so not sure. Certainly its the case on CMC. If we drive a bit of volume for a few days on nova and yobit, I'm sure they will be automatically listed on CMC...
Already sent Tweet to Coingecko. I do like that website with price-ticker. You can copy the price-ticker code and add it somewere else.

bitcoin: bc1qyadvvyv29z08ln2ta7g3uqwzkscr7wq4p09wuz
hefty
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June 22, 2017, 07:49:40 AM
Last edit: June 22, 2017, 08:02:51 AM by hefty
 #15993

The coinmarketcap markets page is missing few other exchanges. I did requests but seems being ignored. If more people send requests of updating extra exchanges, will get that page likely be updated that will somewhat bring us to a broad audience.
I've noticed that there needs to be a minimum volume on some exchanges for it to register on CMC - They did, for instance add nova, however since we only trade a few Magi on there per day it doesn't seem to register. Would be great if the amount of magi available was spread more evenly across the exchanges. We'd probably get a few more results up on CMC...
Is that on coinmarketcap only or also on coingecko?
I will check it also and contact them.
I don't use coingecko, so not sure. Certainly its the case on CMC. If we drive a bit of volume for a few days on nova and yobit, I'm sure they will be automatically listed on CMC...

yeah, yobit and nova needs more and bigger sell orders between 6800 and 7500 to drive volume...i like yobit interface Smiley

volume on bittrex is very healthy Smiley maybee polo will be interested again?

111magic
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June 22, 2017, 08:41:18 AM
Last edit: June 22, 2017, 09:01:17 AM by 111magic
 #15994

The coinmarketcap markets page is missing few other exchanges. I did requests but seems being ignored. If more people send requests of updating extra exchanges, will get that page likely be updated that will somewhat bring us to a broad audience.
I've noticed that there needs to be a minimum volume on some exchanges for it to register on CMC - They did, for instance add nova, however since we only trade a few Magi on there per day it doesn't seem to register. Would be great if the amount of magi available was spread more evenly across the exchanges. We'd probably get a few more results up on CMC...
Is that on coinmarketcap only or also on coingecko?
I will check it also and contact them.
I don't use coingecko, so not sure. Certainly its the case on CMC. If we drive a bit of volume for a few days on nova and yobit, I'm sure they will be automatically listed on CMC...

yeah, yobit and nova needs more and bigger sell orders between 6800 and 7500 to drive volume...i like yobit interface Smiley

volume on bittrex is very healthy Smiley maybee polo will be interested again?
We could try that. But think Magi should receive some help from the community with requests towards Polo.
But higher volume on the other exchanges is also very good!

bitcoin: bc1qyadvvyv29z08ln2ta7g3uqwzkscr7wq4p09wuz
starmman
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June 22, 2017, 09:55:27 AM
Last edit: June 22, 2017, 02:14:45 PM by starmman
 #15995

The coinmarketcap markets page is missing few other exchanges. I did requests but seems being ignored. If more people send requests of updating extra exchanges, will get that page likely be updated that will somewhat bring us to a broad audience.
I've noticed that there needs to be a minimum volume on some exchanges for it to register on CMC - They did, for instance add nova, however since we only trade a few Magi on there per day it doesn't seem to register. Would be great if the amount of magi available was spread more evenly across the exchanges. We'd probably get a few more results up on CMC...
Is that on coinmarketcap only or also on coingecko?
I will check it also and contact them.
I don't use coingecko, so not sure. Certainly its the case on CMC. If we drive a bit of volume for a few days on nova and yobit, I'm sure they will be automatically listed on CMC...

yeah, yobit and nova needs more and bigger sell orders between 6800 and 7500 to drive volume...i like yobit interface Smiley

volume on bittrex is very healthy Smiley maybee polo will be interested again?

I've added about 15-20% of my total wallet value into yobit and nova over the last week - I think that will help to increase volumes a little - but I'm not a massive holder so my impact alone wont be anywhere near enough. Every little helps, I guess...

I don't think we stand much chance with Polo, I hear they have big system wide problems and are considering to delist more coins to keep their systems afloat. At present they only have 64 coins running, and I think that may drop a few more.

People will start moving to other exchanges like trex, cryptopia and nova as there are more problems and less coins on Polo - better IMO would be to help build on there. Nova are expereincing massive growth and had to upgrade their systems last week - we don't have enough funds on there to make Magi look like a good buying opportunity to a larger investor.
111magic
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June 22, 2017, 10:55:08 AM
 #15996

Magi Coin [XMG] is listed: https://yobit.net/en/trade/XMG/BTC
Magi Coin Dice: https://yobit.net/en/dice/XMG



congrats  Wink
Thanks  trannamtan! Good news! Welcome in the Magi community!

Joe can you add Yobit in the OP?
Thanks for updating the OP Joe! Well done

bitcoin: bc1qyadvvyv29z08ln2ta7g3uqwzkscr7wq4p09wuz
111magic
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June 22, 2017, 06:11:04 PM
 #15997

https://www.reddit.com/r/coinmagi/comments/6ivaub/magi_xmg_new_releases_check_out_the_latest_info/

People know Reddit? Its the front-portal of the Internet.
Check the link and give Magi some activity.

Coingecko counts the posts there for the total ranking!

https://www.coingecko.com/en/coins/magi

bitcoin: bc1qyadvvyv29z08ln2ta7g3uqwzkscr7wq4p09wuz
cryptonit
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June 22, 2017, 11:17:06 PM
 #15998

as a big XMG stakeholder i want to share a possibility to get ur girlfriend/wife involved in crypto
here we go:


 
  Diamond [DMD]     uNiq.Diamonds  
Scarce✦✦✦✦ Valuable ✦✦✦✦ Secure ✦                     ▬ a collector experience ▬                
111magic
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June 23, 2017, 06:06:07 AM
 #15999

Cryptonit thats a big picture Wink
But we know you are a loyal Magi members so its ok!

bitcoin: bc1qyadvvyv29z08ln2ta7g3uqwzkscr7wq4p09wuz
hefty
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June 23, 2017, 06:47:45 AM
Last edit: June 23, 2017, 07:51:54 AM by hefty
 #16000

magi stayed above 6300 overnight  Grin time for investing it looks like it is going for another step up

YoBit and PosWallet on CMC Smiley

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